I moved from the US to Berlin. I was yelled at and kicked out of registration offices, but I didn’t give up. I’m happier than I ever was living in the US.
As soon as Toby hit the streets, we were greeted with smiles galore. Seven years after moving from the US to Berlin, I was added to my first German WhatsApp group with all the dog owners in my neighborhood. It felt like a miracle. Up to that point, I always had passive interactions with other…
Hedge funds’ growing divide. The four biggest multistrategy firms’ dominance in the industry has made it harder for under-the-radar names to compete.
For years, it was common knowledge that smaller hedge funds outperformed larger peers. Investors focused on finding up-and-coming managers before they made it big and raised billions. Big-name institutions like Blackstone and the Teacher Retirement System of Texas seeded new funds and sought out emerging managers. While there was safety and, typically, capacity in the…
Sergey Brin tells Google employees that 60 hours a week is the ‘sweet spot’ for productivity. Some beg to differ.
Google cofounder Sergey Brin sees 60 hours a week as the “sweet spot” for productivity. For Googlers working on AI, 60 could be the new 40. Sergey Brin sees working about 60 hours a week as “the sweet spot of productivity.” In addition to recommending that workers focusing on Gemini, the company’s AI model, go…
I followed my career dreams instead of chasing a higher-salary job. I’m not sure I want my children to do the same.
As a little girl, my favorite place was the town library, where I would check out stacks of books as tall as I was. As soon as I could read, my head was full of dreams. I wanted to develop a life-saving cancer treatment, circumnavigate the globe as a prize-winning journalist, and perform as a…
The politics behind universal basic income
A universal basic income provides recurring cash payments with no strings attached. While the idea of a universal basic income is gaining traction in the United States, the politics around it remain divided. A universal basic income is when the government cuts a check to the entire population — with no strings or limitations attached…
How cheaper mortgages gave us the baby boomers — and what it means for today’s baby bust
If you want Americans to have more babies, it helps if it’s cheap and easy to buy a house. The advent of mortgages with low down payments in the 1930s facilitated a sharp uptick in the US birth rate that created the baby boom, per a National Bureau of Economic Research February 2025 working paper.…
Why an 81-year-old restaurant owner in Florida isn’t ready to retire — despite being a millionaire
Jack Bishop says he works to keep his mind alive and maintain connections with others in the business. Jack Bishop, 81, still places huge orders of crab legs for his seafood buffet in Florida — and isn’t planning to stop anytime soon. Bishop, who runs two restaurants in Panama City Beach, has worked in the…
A millennial with a $5,000 side hustle portfolio explains which gigs are fun and easy
Steph Thompson has earned money from several income streams, such as completing surveys and mystery shopping assignments. Many people are stuck in rigid 9-to-5 jobs. Others crave a more flexible schedule and move on to freelance work. Steph Thompson, 31, prefers having a mix of side hustles. Thompson, who lives in Australia, said side gigs…
Hudson River Trading has quietly built an $8 billion global powerhouse
While proprietary trading giants like Jane Street, Citadel Securities, and XTX Markets have dominated headlines in recent years, Hudson River Trading has quietly grown into a global powerhouse in its own right. HRT’s net trading revenue hit nearly $8 billion in 2024, an all-time high, according to people familiar with the matter, asking to remain…
