Taylor Swift cheered on the Chiefs in a $68,000 outfit and brought back a controversial trend
Taylor Swift attends the 2025 AFC Championship game in Kansas City, Missouri. There was nothing quiet about Taylor Swift’s latest luxury look. The superstar attended the AFC Championship game at Arrowhead Stadium on Sunday — where the Kansas City Chiefs defeated the Buffalo Bills 32-29 — in a full Louis Vuitton look that retails for…
New York City is still the center of the hedge fund universe. Here are the numbers.
This week, the $4.5 trillion hedge fund industry is gathered in Miami for iConnections’ annual Global Alts conference. Nearly all of the attendees will leave the Magic City after the conference concludes. While some big names have fled high-tax cities like New York and Chicago for sunny spots like Miami and West Palm Beach, especially…
The Trump White House threatened tariffs on Colombia, then reversed course after striking a deal
Over the weekend, President Donald Trump threatened 25% tariffs on Colombian goods. The Trump White House on Sunday walked back its tariff threats on Colombia, hours after it said it would impose 25% tariffs on goods from the country. “The Government of Colombia has agreed to all of President Trump’s terms, including the unrestricted acceptance…
Airlines would buy the A380 if Airbus gives it a makeover, says Emirates boss
Emirates is the largest operator of the Airbus A380. A revamped version of the Airbus A380 could get orders from several airlines, the president of Emirates told B-17. Asked if he’d like Airbus to resume production of the superjumbo, Tim Clark replied, “Well, they know we do. I’ve given them the designs.” The “compelling nature”…
Chinese AI lab DeepSeek massively undercuts OpenAI on pricing — and that’s spooking tech stocks
DeepSeek’s pricing is much lower than that of OpenAI. The cost of using AI models has been plunging as competition intensifies — and Wall Street is spooked about the latest entrant. Having a leading AI model is nowhere near as special as it was two years ago. These models are mostly trained on data that’s…
One chart shows that low-income Americans get hit hardest by inflation
Food is one of the necessities that’s seen outsize inflation in recent years, which has disproportionately impacted the lowest-income Americans. Rising prices across the US economy have impacted every American over the past few years, but the lowest-income households have faced the greatest burden. The dynamic is reflected in the chart below, which shows low-income…
Lambda Labs’ COO has left the AI cloud provider to head Positron, a startup trying to compete with Nvidia
Mitesh Agrawal has moved on from Lambda Labs for Positron, a new player in the AI hardware space. Lambda Labs, a Nvidia partner, has lost its chief operating officer to a little-known company building hardware for the AI industry. Lambda COO Mitesh Agrawal told B-17 he stepped into a new role as CEO of Positron…
FOBO, or fear of becoming obsolete, is the new business buzzword. Here’s what you need to know.
FOBO, a fear of becoming obsolete, was on business leaders’ minds at Davos. Rapid AI advances present an alluring opportunity for businesses to boost productivity and efficiency. But while CEOs battle their FOMO and race to adopt the new technology, their employees are experiencing a different side of the AI revolution — FOBO, the fear…
My breakup went viral on TikTok so I built a career as an influencer. It has lasted longer than the heartbreak.
When Bridgette Vong posted a video of her and her ex-partner saying goodbye, the video went viral. She leveraged the attention into a full-time influencing career. This as-told-to essay is based on a conversation with Bridgette Vong, a 26-year-old content creator based in Toronto. It has been edited for length and clarity. In July 2022,…
