UBS's 2024 Global Real-Estate Bubble Index shows a decline in bubble risks over the last 12 months. Only six cities are now at elevated or high risk, down from 16 last year.
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Updates
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Call it superstitious, but Mark Zhu, a 34-year-old managing director at Blackstone, likes to start every day the same way. He has two Trader Joe's yogurt cups, one banana-flavored and one blueberry-flavored, eaten in the same order, followed by his supplements, which also have their specific sequence. "Those are just examples of how I bring a level of consistency and sequencing to my life," he said. "Because you know the moment after 9 o'clock, the days can get chaotic." It's no secret that working on Wall Street is demanding. Finance giants from Blackstone to Goldman Sachs attract some of the brightest and most driven people, and to climb the ranks is no easy feat. When we asked top up-and-comers on Wall Street about the habits or routines they followed to keep themselves mentally sharp, no one mentioned cold plunges, 10-step facial rituals, or biohacking trends that tout themselves as life hacks that instantly make you more attractive, healthier, smarter, and more balanced. Most of these high performers are spending time with their families, keeping physically and mentally healthy with reasonable workout and sleep routines, and finding opportunities to recharge. Read more about what we learned about the hacks, habits, and routines that help top talent on Wall Street stay on their game: https://lnkd.in/ehMNB9ug (Credit: iStock; Rebecca Zisser/BI) #wallstreet #finance #habits #routines
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Abaxx is a new commodities exchange that aims to stabilize prices and aid the energy transition. "Trade and network keeps the world at peace," Abaxx's CEO told BI.
Founder of new commodities exchange explains how it can fuel the green energy transition
businessinsider.com
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James O'Brien is a UC Berkeley professor who says tech graduates struggle to secure top jobs. "There were lots of opportunities. Quite often, recent graduates would receive multiple offers and be left to try to decide between two really great choices," O'Brien says. "But now, things have changed. There's still demand for people, and some people are getting jobs, but not across the entire industry. Our view from Berkeley is also a little distorted because we're one of the top schools, so most of our students are still getting offers," he added. O'Brien says AI and outsourcing are affecting entry-level tech positions. He also says we need to embrace universal basic income as AI shrinks the job market. Read more about how tech jobs are drying up on Business Insider: https://lnkd.in/eR4ZY7zs #techjobs #ai #techindustry #techgraduates
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As 2024 draws to a close, now is the time for investors to review their tax strategy. BNY shares eight ways investors can reduce their tax burden for this year.
8 tax-reducing steps to take before 2024 ends, according to $2 trillion wealth manager BNY
businessinsider.com
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Matrixport has created a crypto financial service hub that emphasizes investor success Matrixport. #ad
How this unique business model is setting new standards in crypto asset management
businessinsider.com
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The popular 60/40 portfolio of stocks and bonds has returned double digits annually since 1979. But expect this strategy to underperform in the next decade, according to GMO's cohead of asset allocation, Ben Inker.
Jeremy Grantham's right-hand man Ben Inker warns your 60/40 portfolio is in for a 'lost decade' of negative returns
businessinsider.com
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AI is dominating healthcare investments this year as VC funding picks back up after a slump. We asked VCs at firms like Khosla Ventures and Lux Capital to name rising startups in healthcare AI.
These are the 22 most promising healthcare AI startups of 2024, according to top VCs
businessinsider.com
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Newly crowned billionaire Selena Gomez has owned some luxurious, sprawling properties. Here's a look at all the properties the Disney alum has owned and sold over the years.
Selena Gomez, now a billionaire, has owned multimillion-dollar properties in Texas and California. Take a look at her real-estate portfolio.
businessinsider.com
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Business Insider reposted this
What habits or routines do ambitious young professionals in finance employ to keep them sharp? Business Insider asked our 2024 rising stars of Wall Street about their performance hacks. No one, thankfully, mentioned ice plunges. Here's what they did tell us:
Forget cold plunges or biohacking: Here's how Wall Street's rising stars stay sharp
businessinsider.com