Apollo Global Management has paused junior hiring for the class of 2027, halting interviews and offers amid backlash from banks over future-dated commitments. This move highlights tensions in financial talent acquisition and raises questions about industry norms.
Jeffrey Gundlach of DoubleLine Capital warns of a looming crisis for US Treasuries, citing unsustainable debt and interest costs. His prediction of a potential investor shift away from dollar assets raises concerns about global markets and the dollar’s dominance.
Meta’s massive investment in Scale AI and recruitment of CEO Alexandr Wang aims to revitalize its AI efforts. Can this bold partnership overcome challenges and position Meta as an AI leader, or will it stumble under scrutiny and high stakes?
A man has been convicted of fraud for posing as a flight attendant to secure free flights. His elaborate scheme, involving forged credentials and security breaches, raises concerns about aviation safety and highlights the need for stricter protocols in the industry.
The U.S. debt ceiling deadlock is shrinking the supply of Treasury bills, a key safe asset for investors. With limited issuance, market uncertainty grows, raising concerns about borrowing costs and global confidence in U.S. debt.
Nuclear startup Oklo’s stock hits record highs after securing a Department of Defense contract for its Small Modular Reactor technology. This landmark deal highlights the growing role of innovative nuclear solutions in energy security and sustainability, positioning Oklo as a leader in the industry.
Voyager’s IPO stunned markets with an 84% stock surge on its debut day, June 11, 2025. The financial tech firm’s innovative platform and timely market entry fueled investor excitement. While challenges loom, Voyager’s stellar start signals its potential as a major player in the industry.
Media giants are spinning off struggling TV channels, but not all new entities are equal. One emerges debt-free with room to innovate, while the other is burdened by billions, risking failure. This spinoff showdown highlights the importance of strategic restructuring in a declining linear TV landscape.
Nvidia CEO Jensen Huang promises to resolve Europe’s AI computing shortage with 20 new data centers in the coming years. This ambitious plan aims to position Europe as a global AI leader, boosting innovation and creating jobs across industries.
NYC renters face a new reality as a broker-fee ban shifts costs to landlords, potentially driving up rents. While aimed at easing tenant burdens, the policy sparks debate over affordability in one of the world’s priciest rental markets.
