There was a time when Wall Street’s biggest risk factor was something tangible—oil prices, war, a Lehman moment. But this week, the markets got spooked not by a natural disaster...

The big money is moving quietly, but deliberately.Family offices—those private entities managing the capital of ultra-wealthy families—are ramping up their exposure to commercial...

Yesterday, I spent the day at the Milken Institute Global Conference in Los Angeles — the annual collision of finance, tech, and policy that turns the Beverly Hilton into ground...

By Daniel KaufmanIn an industry obsessed with next quarters and next exits, the most powerful thing you can do is play the long game. Warren Buffett did that better than...

While we were all busy doom-scrolling articles about AI becoming sentient and enslaving humanity, it turns out the more pressing issue is… AI being too nice?OpenAI just rolled...

By Daniel KaufmanThe great migration boom we’ve been tracking since 2020 is officially cooling. After years of explosive population shifts driven by remote work, housing...

By Daniel KaufmanFor the past few years, San Francisco has served as the poster child of urban decline. From a 7% population drop to headlines about office vacancies and public...

The U.S.-China trade saga is starting to feel less like strategy and more like a game of telephone—and the markets are trying to make sense of the noise.This morning brought...

By Daniel KaufmanIf you’ve been paying attention to the news lately, it feels like the world is lurching from one surprise to the next — and yet, when I step back and look at the...