Apollo's president warns the AI spending boom may not pay off for investors

Tech Insider : Technology, Business, Economy
Jim Zelter, president of Apollo Global Management.
Apollo Global Management President Jim Zelter urged caution about assuming strong returns from AI spending.

APFIS

'NYC is cooked': Business leaders and Wall Streeters erupt over proposed luxury second-home tax

Tech Insider : Economy, Politics, Business
Zohran Mamdani grins toward the camera, flanked by photographers.
Mayor Zohran Mamdani has backed a proposal by Gov. Kathy Hochul to tax second homes in New York City valued at over $5 million.

Caean Couto/Getty Images

Pentagon Reportedly Asks Detroit to Use More Car Factories as Arms Factories

Gizmodo : Economy
Pete Hegseth has previously said he'd like the U.S. economy to be placed on a "war footing."

Spirit could disappear from the skies as fuel costs rise. See how it rose from a trucking company to a low-cost giant.

Tech Insider : Travel, Business, Economy
Spirit Airlines old and new aircraft
Spirit Airlines' old and new aircraft.

Michael Carter/Airliners.net, Felipe | Santiago/Shutterstock

Shoe company Allbirds pivots to AI compute in sign of a totally normal and healthy economy

Engadget : Business, Economy, Environment

The shoe company Allbirds, famous for its wool trainers, is pivoting to AI. You read that right. The San Francisco company has plans "to pivot its business to AI compute infrastructure, with a long-term vision to become a fully integrated GPU-as-a-Service and AI-native cloud solutions provider." It's also changing its name to NewBird AI.

The rise of the always-on economy: subscriptions beyond streaming

TNW News : Business, Economy

Boys Go to Jupiter review: An animated gem about oranges, aliens, and the gig economy

Mashable : Economy, Style
A teenage boy sits on a diving board above an empty swimming pool.

Welcome to the weird world of Boys Go to Jupiter, where aliens hang out with delivery boys, juice factories house mutant fruits grown from moon rocks, and funky electronic songs lurk around every corner.

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