The Hidden Cost of San Francisco’s Explosive AI Boom

The city’s economic revival is generating unabashed optimism, even as it raises questions about who can afford to live there. ‘We have to make it more affordable,’ Mayor Daniel Lurie says.

The city’s economic revival is generating unabashed optimism, even as it raises questions about who can afford to live there. ‘We have to make it more affordable,’ Mayor Daniel Lurie says.
News release Innovative new proposals aim to establish the UK as a centre for the fast-growing captive insurance market. This will support economic growth, leverage the UK market’s expertise and cement its position as the location of choice for global insurance and reinsurance. Captive insurance enables businesses to manage their [own] risks through a [wholly/self]…
The largest company in the world, Nvidia (NVDA +0.62%), has had a bit of a rough stretch in recent months. Its stock peaked in May, but declined around 17% since then. That’s not an insignificant decline, and leaves investors wondering when the next rally could be coming. I think there are some catalysts later on…
A dire diagnosis will upend your financial plan, but you can set it right again.
Key insight: As written, new capital standards for U.S. banks fail to account for the additional risk posed by many home loan clients who obtain second mortgages. Fixing the problem will significantly reduce the rule’s benefit to banks. What’s at stake: The new capital standards create incentives to move second liens off bank balance sheets…
When ships can’t make it through the Strait of Hormuz, the fallout goes beyond the price of oil: Nearly a third of the world’s fertilizer also passes through the corridor, coming from factories in countries like Qatar. Fertilizer prices have surged due to the Iran war—and added one more reason that food prices are going…
Plus: Don’t Short Yourself has some exciting news.