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A looming crisis could limit some of your favorite AI tools

AI companies are getting a brutal reality check, and so are their customers. Loading audio narration… As users devour AI tokens, a few frontier AI model makers and hyperscalers are showing signs that they’re the ones being maxxed out.On Monday, Microsoft’s GitHub Copilot said it was pausing new signups for…

Citadel is retooling its investor recruiting team. These are the hires.

One of the world’s largest and most influential hedge funds has been overhauling a crucial unit within its recruitment army. Loading audio narration… Citadel, the $67 billion firm run by Ken Griffin, has developed into a magnet for some of the industry’s premier talent during its three decades in business. But, amid a war for elite investment pros at top hedge funds, the recruitment machine behind Griffin’s multistrategy giant has undergone a makeover, with a…

Finance news

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Business

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Homeownership decline is hitting every age group, new data shows

A common narrative suggests that the housing crisis is a young person’s problem, with Gen Z and millennials bearing the brunt of high prices. However, new data from the Federal Reserve Bank of New York and the American Enterprise Institute Housing Center reveals a much more disturbing reality: the collapse…

Investing

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