Finance faces
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Harvard Endowment Outpaces S&P 500 With Massive SpaceX Stake
A 27.1% return for the fiscal year ending June 30 has propelled Harvard University's endowment to a record $68 billion. The university's aggressive investment strategy, headlined by a $2.2 billion position in Elon Musk’s SpaceX, allowed the nearly 400-year-old institution to comfortably outperform the S&P 500’s 22.3% gain.

Walleye Capital scales up stock-picking unit amid executive turnover
After losing equity unit COO Matt Giannini to Citadel, $17 billion hedge fund Walleye Capital is aggressively expanding its talent pool. The firm has tapped Jordan Tanner from Balyasny and Millennium's Anna Dev to bolster its long-short division, signaling a strategic push to scale risk-taking capacity despite a difficult performance year.

Apollo Pushes to End Chaotic Private Equity Hiring Sprints
Private equity giant Apollo is delaying its 2028 associate recruiting cycle, refusing to participate in the industry’s high-pressure, early-bird hiring ritual. By waiting until candidates have nearly a full year of banking experience, the firm aims to force a structural reset on a process that critics label unethical.

Musk Pledges SpaceX Liability for Grok AI Financial Errors

Wall Street CEOs scramble to defend against rogue AI

Bank of America deploys 1,000 contractors to counter rogue AI threats
Robinhood CEO Vlad Tenev Bets on AI Agents for Wealth Generation

Leopold Aschenbrenner’s Risky Bet on Anthropic

Bank of America hit with $1.2 billion fine over money laundering failures

Why Mark Hackett Warns Against Timing Commodity Market Swings

JPMorgan Chase Blocks AI Agents to Prevent Security Breaches

Ray Dalio and Toto Wolff on the Art of Tough Love
Former FTX Staffers Denounce Netflix Dramatization of Exchange Collapse
New Stock Gift Rules for Trump Accounts Complicate Financial Planning

Elon Musk’s Trillion-Dollar Space Ambitions

Five Essential Finance Films for the Aspiring Dealmaker

Three Strategies for Scaling a Short-Term Rental Business

Wall Street Turns Nvidia AI Chips Into a New Financial Asset Class

EY Expands Global Workforce as AI Services Drive Revenue Growth

How to verify if your child qualifies for the $250 Dell contribution

Goldman Sachs bets on human advisors as AI reshapes wealth management

Inside the Multi-Million Dollar Economy of American Fraternities

Why Warren Buffett’s Simple Investing Strategy Still Beats the Pros

The Second Retirement: Why I Walked Away from Work at 67

How a Teacher Reached Coast FIRE by 34 Without Sacrificing Life

The Financial Vibecession Gripping Gen Z

Ray Dalio Forecasts Debt Crisis Within Two Years

The $94,000 blue briefcase: Inside the Lindt shareholder flex
Gary Wingrove takes the helm at KPMG amid AI shift and audit crises
