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How hedge funds are tapping prediction markets and their data for an edge

Polymarket CEO Shayne Coplan said the company has been cleared for a US launch. Eugene Gologursky/Getty Images for The New York Times Prediction markets like Kalshi and Polymarket have surged in popul...

1dBusiness InsidereconomicsImpact

DoorDash salaries revealed: Here's how much the delivery giant pays data scientists, software engineers, and others

DoorDash's H1B visa data for 2025 spans roles from data science to managers overseeing new verticals for the delivery service. Chelsea Guglielmino/Getty Images DoorDash wants to expand its delivery bu...

6dBusiness Insidereconomics

She was a first-generation college grad. Now, she has $55,000 in student loans and is postponing having kids.

Eryn Bostwick, 37, is delaying having kids because of her student loan debt. Courtesy of Eryn Bostwick Eryn Bostwick, 37, is postponing having kids due to her student-loan debt. As a first-generation ...

Jan 19Business InsidersocietyImpact

Student-loan borrowers behind on payments now have more time to figure out a plan — and protect their tax refunds

Some student-loan borrowers are at risk of having their tax refunds seized this year. Allison Robbert/For The Washington Post via Getty Images The Education Department temporarily paused seizure of ta...

Jan 18Business InsidereconomicsImpact

The gloves are off in the feud between Sam Altman and Elon Musk

OpenAI executives including CEO Sam Altman (left) published a blog post containing emails that suggest Elon Musk (right) believed the AI company should have attached itself to Tesla for funding. Getty...

5dBusiness InsiderTechnologyImpact

Take a look at the fanciest private jets and government aircraft that took the rich and powerful to Davos

Private jets and other VIP aircraft at Zurich Dübendorf Airport on Tuesday. ENNIO LEANZA / AFP Some of the world's fanciest aircraft descended on Switzerland this week. Business Insider tracked some o...

2dBusiness InsidereconomicsImpact

Point72 sells off stakes of fintech startups to Goldman Sachs and others

Steve Cohen is the owner of the New York Mets. Joe Raedle/Getty Images A new continuation vehicle has acquired stakes in Point72's fintech startups, a press release states. The new fund raised $280 mi...

Jan 14Business InsidereconomicsImpact

Chinese banks join the space race with satellite launches and rocket backing

Banks do not usually build space assets, but in China, lenders are increasingly leasing satellites, funding rocket firms and even launching spacecraft of their own. While banks elsewhere typically use...

4dSouth China Morning PosteconomicsImpact

China Telecom develops country’s first MoE models trained entirely on Huawei’s AI chips

State-owned China Telecom has developed the country’s first artificial intelligence models with the innovative Mixture-of-Experts (MoE) architecture that are trained entirely on advanced chips from Hu...

5dSouth China Morning PostTechnologyImpact

Trump hits Macron with tariff threats, underscores tense US-France relations

Donald Trump posted a private message from France’s leader and threatened hefty tariffs on French wine and champagne, targeting an ally who has taken a firm stance against US pressure over Greenland. ...

6dFrance 24PoliticsImpact

Hong Kong needs to ask the hard questions about its net-zero challenge

Net-zero commitments are now commonplace across Hong Kong’s property sector. Many major developers have announced targets for 2030 and 2050, often framed around energy efficiency, renewable energy and...

Jan 16South China Morning PostenvironmentImpact

Zhipu AI breaks US chip reliance with first major model trained on Huawei stack

Chinese artificial intelligence firm Zhipu AI said its new image generation model was trained on chips from Huawei Technologies, making it the first powerful open-source model to be developed on an en...

Jan 14South China Morning PostTechnologyImpact

Can Europe rebuild its strength to trade with China without fear?

China and the European Union began 2026 with another trade clash. As the EU’s Carbon Border Adjustment Mechanism entered its definitive phase, Brussels tightened compliance and Beijing warned of count...

Jan 13South China Morning Posteconomics

Real estate's biggest wealth gaps aren't where you'd expect

New York City. Bkamprath/Getty Images Luxury homes can cost thousands or even millions of dollars more than typical homes. Realtor.com ranked the cities with the widest real estate wealth gaps. Florid...

1hBusiness Insiderreal_estateImpact

Musk is asking for up to $134 billion in his legal battle against OpenAI and Microsoft

Elon Musk erupted at the EU all weekend, blasting Brussels over censorship and bureaucracy after X was hit with a major fine for "fake" blue checkmarks. AP Photo/Evan Vucci, File A court filin...

Jan 17Business InsiderTechnologyImpact

Harbour BioMed stake in US drug firm Spruce shows Chinese firms’ growing clout, analysts say

Shanghai-based Harbour BioMed’s acquisition of a stake in US-based Spruce Biosciences is the latest example of China’s novel drug developers progressing from one-time licensing deals into long-lasting...

5dSouth China Morning PosteconomicsImpact

Chinese short-video giant Kuaishou taps global debt market with US dollar, yuan bonds

Chinese short-video platform Kuaishou Technology is pitching its debut offshore bond sale to professional investors, joining a wave of domestic tech companies raising funds in the global debt market. ...

Jan 14South China Morning PosteconomicsImpact

China, Canada poised to reset trade ties after Trump’s tariffs force rethink

Canada and China appear ready to kick-start trade talks after years of strained relations, with Canadian Prime Minister Mark Carney’s visit to Beijing this week coinciding with both countries question...

Jan 13South China Morning PostPoliticsImpact

Protesters say 'unliveable to be a farmer in France today' as they condemn Mercosur deal

French farmers steered some 350 tractors on January 11 toward French Parliament to protest low incomes and an EU trade deal with South America that they fear threatens their livelihoods. They say thei...

Jan 13France 24PoliticsImpact

I quit my $390K tech job to start my own business. I still question my decision, but this is the first time in years I've woken up excited for life.

Shiyao Tang says she spent 5 months planning her exit from her $390K job. Shiyao Tang Shiyao Tang quit her $390,000 job at DoorDash to build Soir Si, a silk womenswear brand. Tang says she spent 5 mon...

Jan 18Business InsiderlifestyleImpact
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