Sequoia’s new chiefs sweep away last remnants of Botha era
Closures of London office and permanent capital fund mark latest efforts to streamline Silicon Valley VC firm
AI is coming for managers’ headcount
Their pay grade could be next
Groundscrapers: a low-rise innovation with high-rise prospects
Buildings that are longer than they are tall have started popping up in the busiest cities
Strong Hiring Reinforces a Sturdy Job Market
Unemployment fell in October, extending years of stability for a U.S. work force threatened by inflation and artificial intelligence.
Musk wants to give stock to kids. What’s the problem?
The act is generous but there are reasons to wish it could be done in a different way
A.I. Was Supposed to Come for Our Jobs. So Far, Evidence Is Mixed.
White collar industries that are most exposed to artificial intelligence continued to add jobs in October, although that growth has been weak.
Interest rates are making UK homes less affordable, even as wage rises increase faster than house prices
P.Cartwright/ShutterstockThe Bank of England’s decision to put interest rates up for the first time in over three years could be bad news for prospective homebuyers. Higher borrowing costs risk putting home ownership even further out of reach for many people.
But the numbers aren’t all bad.
Arini’s credit troubles suggest roach-hunting season is back
The London-based fund ploughed billions into the riskiest parts of the junk bond market — and these have now soured
Low-profile Wall Street firm to double down on Anthropic despite tech rout
XN amassed $5.3bn stake in AI lab through private-round investments
Stable Labor Market Keeps Fed on Track to Raise Rates Gradually
The Federal Reserve decided against raising interest rates at its meeting last week, but it is widely expected to move again in December to help tame inflation.
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