The Hidden Cost of San Francisco’s Explosive AI Boom

The city’s economic revival is generating unabashed optimism, even as it raises questions about who can afford to live there. ‘We have to make it more affordable,’ Mayor Daniel Lurie says.

The city’s economic revival is generating unabashed optimism, even as it raises questions about who can afford to live there. ‘We have to make it more affordable,’ Mayor Daniel Lurie says.
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Welcome to The 6 a.m. CFO, where finance chiefs share how they jump-start their days and engage with the tasks that are in front of them. Today, InvoiceCloud’s CFO, Chris Sands, shares his morning routine. Be sure…
14 July 2026 Pilot to take place at the ECB and several Eurosystem national central banks to test digital euro functionalities Over 50 applications received, reflecting strong market interest and engagement Selected participants span a broad range of business models and sizes and offer broad geographical coverage The European Central Bank (ECB) has selected 36…
“We are driving in the fog, and it is extraordinarily difficult to anticipate what will happen next.” That alarmed voice is coming straight from the top of the economics profession. That’s Anton Korinek, a University of Virginia economics professor and one of the organizers of a statement signed this week by over 200 economists—including 16…
India’s foreign exchange reserves rose by $7.26 billion to $674.19 billion in the week ended July 3, driven by an increase in foreign currency assets (FCAs) and gold reserves, according to data released by the Reserve Bank of India (RBI) on Friday. FCAs, the largest component of the reserves, increased by $4.51…
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Though GLP-1 drugs like Ozempic, Wegovy, and Zepbound are lauded for their transformative effects, including weight loss and lower blood sugar, they’re not without their side effects. Those can include nausea, bone density loss, and digestive troubles—and according to a new study, another physical change may be joining that list. Researchers at the University of…