Urgent.News

What's breaking now, across thousands of outlets.

More in Finance & Markets

Hedge funds rebound in August as commodities and macro lead $100bn inflow run

Hedge funds staged a strong recovery in August, with commodity and global macro strategies leading performance as industry inflows for the year moved to within touching distance of $100bn, according…

  • Hedge funds saw $100bn inflows in August, nearing target
  • Commodity and macro strategies led performance gains
  • Multi-strategy funds attracted most new capital

My excellent Conversation with Annie Lowrey

Here is the audio, video, and transcript. Here is the episode summary: Annie Lowrey’s new book, The Time Tax, argues that the most regressive levy in American life is the hours each of us must spend…

  • Annie Lowrey argues bureaucracy costs Americans 50 hours/year on hold/queues/forms
  • Welfare programs like TANF are particularly regressive due to inflated bureaucracy
  • AI agents could handle bureaucracy within 5 years, per Lowrey's belief

More from Thursday 17 September →