Family offices see gains after making opportunistic bets on oil

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Dwayne Schnell | 500px Plus | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The Iran war has propelled oil prices to above $94 a barrel, up about 30% […]


California Gov. Gavin Newsom bans state officials from making bets on Polymarket, Kalshi with insider info

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California Gov. Gavin Newsom on Friday banned state-appointed officials with insider information from making bets on prediction markets as the popular gambling sites stoke controversy.  The executive order added to existing ethics rules that prohibit state officials from using information unknown to the public to enrich themselves or family members, as recent huge payouts on […]


Teens are launching artificial intelligence companies — and making big money

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Most 15-year-olds worry about things like an upcoming math test or whether their crush likes them back.  But a growing number of teenagers are using artificial intelligence to launch innovative tech companies, stressing about raising venture capital and product launches — not who they’ll take to prom. While teen tech founders are nothing new — […]


» Here’s what’s making us happy this week.

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Welcome, readers, to the first happy list of 2026! It’s already shaping up to be another year where easy joy goes thin on the ground, so celebrating the little things feels more important than ever. Here’s what’s making your friendly neighborhood Lit Hub staff smile this Friday. In New York City, it’s festival season—for the […]


Elon Musk hits staggering $648 billion, making him more than twice as wealthy as runner-up

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Elon Musk’s net worth has hit a staggering $648 billion – making the world’s richest person more than twice as wealthy as the runner-up and worth more than some of the most valuable US companies. Musk saw his wealth jump by $178 billion in just two days, putting his year-to-date gain at a record-breaking $216 […]


» Here’s what’s making us happy this week.

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Spooky season is upon us again. (At least if you’re in the Northeast corridor.) So this week, Lit Hubbers enjoyed autumnal fare. I’m talking leaf-peeping, and freaky Fridays. We’ve got reflection and hibernation on the brain. Whether that means hunkering down with old friends, or making new ones. Drew Broussard is tending the horror hearth. […]


Trump moving closer to decision on making weed less criminal in eyes of federal government: sources

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It isn’t quite the ruckus involving the Jeffrey Epstein docs, but there is a quieter, more important conflict inside Trump world over weed — namely whether the president should legalize it and just how legal it should be, The Post has learned And according to my sources, Trump is in a compromising mood. He appears […]


Here’s what’s making us happy this week.

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This week, we’re regressing. We’re taking our brains and our palates back in time, to arguably better days. We’re longing for the old internet, and certain familiar characters. Some of us are tripping the light fantastic to bygone epochs entirely. McKayla Coyle has been enjoying new Netflix fare—My Melody and Kuromi. A stop motion series […]


Here’s what’s making us happy this week. ‹

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June 6, 2025, 11:03am You’re in luck, readers. We have a lot to love this Friday. The theme this week is “Forever Young.” We at Lit Hub are getting our kicks in the rearview mirror, reminiscing on everything from our first chaotic friend groups to our first absurd recitals. We’re playing make-believe and suspending disbelief, […]


Here are the companies making job cuts

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Mathisworks | Digitalvision Vectors | Getty Images While the government cost-cutting initiative known as the Department of Government Efficiency, which resulted in thousands of federal job cuts, winds down, mass layoffs are still roiling corporate America. Companies are under increasing pressure to trim costs against the backdrop of global economic uncertainty brought on by President […]