San Francisco is Still #1 Despite Everything You’ve Heard
San Francisco, CA. For years, the dominant story in tech has been geographic dispersal. Talent left coastal cities, startups followed, and capital became more distributed. San Francisco, New York, and Los Angeles were framed as legacy hubs struggling to stay relevant in a remote-first world. That narrative no longer holds up. According to Multipolitan ’s 2026 Start-Up Friendly Cities Index , San Francisco ranks #1 globally, with New York at #5 and Los Angeles at #6. These thr
U.S. Trade Deficit Falls to Lowest Level Since 2009 as Tariffs Reshape Flows
The U.S. trade deficit narrowed sharply in October, falling to its lowest level since the aftermath of the global financial crisis, as exports rose and imports declined following President Donald Trump’s tariff actions. The Commerce Department reported Thursday that the trade gap shrank to $29.4 billion in October, a 39% decline from the prior month. Exports increased 2.6%, while imports fell 3.2%, reflecting a meaningful slowdown in inbound trade alongside steady foreign dem
S&P 500 Ends 2025 With 17% Gain
U.S. stocks traded narrowly Wednesday as Wall Street headed toward the final stretch of 2025, capping another strong year for equities despite a recent bout of mild selling. The S&P 500 hovered near flat in early trading and remains on track to finish the year up roughly 17%, marking its third consecutive year of double-digit gains. The Nasdaq Composite has climbed about 21% in 2025, fueled largely by continued enthusiasm around artificial intelligence, while the Dow Jones In
U.S. Economy Surges 4.3% in Q3, Far Exceeding Expectations
The U.S. economy expanded at a far faster pace than anticipated in the third quarter, driven primarily by resilient consumer spending, according to a delayed government report released Tuesday. Gross domestic product rose at an annualized rate of 4.3% from July through September, well above the 3.2% increase economists had forecast, the Commerce Department said in its initial estimate of third-quarter growth. Consumer spending — the backbone of the U.S. economy — accelerated
Oracle Shares Slide as Blue Owl Exits Talks on $10B Michigan Data Center
Oracle shares fell roughly 5% on Wednesday following reports that Blue Owl Capital has stepped away from discussions to help fund a planned $10 billion data center in Michigan tied to OpenAI. While Oracle and its development partner pushed back on claims that the project is in jeopardy, the news reignited investor concerns about the mounting costs and financing structures behind the AI-driven data center boom. According to the Financial Times , Blue Owl had been in talks to b
