The Essential

The Problem With VC: It's All Going to AI

Retail, consumer, and application software startups starve while money floods AI.

Renaissance Suffers Huge Losses in October

This is the quant firm’s biggest setback since founder Jim Simons died in 2024.

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How Fed Policy Can Impact Corporate Bond Spreads

The Great Generational Wealth Transfer Is Changing How Family Offices Invest

A survey from Bank of America found that younger generations inheriting the wealth and control of family offices are moving more money into areas such as private equity and real estate.

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