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David Einhorn says younger generations’ own habits are holding them back from breaking into the housing market or building wealth. The billionaire founder of Greenlight Capital recently speculated about the reasons younger Americans are falling behind in homeownership. The main reason, in Einhorn’s view, is that many young people lack the patience and investment discipline needed to save up for a home, and are funneling their wealth into speculative assets or sports betting. “I sense the younger generation is just more impatient. They’d rather, you know, speculate in crypto or speculate in stocks or speculate on sporting events and try…

FARMINGDALE, N.Y. — NBA superstar Stephen Curry said Thursday a new signature shoe he’s designing in partnership with Li-Ning will debut early next year. Curry announced in June he had struck a deal with the Chinese shoe company after his 13-year partnership with Under Armour came to a close.”I think it was a great run,” Curry said of his relationship with Under Armour, adding the decision to end the relationship was “mutual.””Sometimes good things do come to an end,” he said. “I don’t have any regrets of how anything happened.” Curry said he was looking for longevity, legacy and global…

There’s a battle brewing at Costco, and it’s not over parking spaces.The warehouse retailer will offer delivery across the US through DoorDash. The companies already worked together in Puerto Rico and some international markets, DoorDash said on Thursday.One day earlier, Costco expanded its partnership with Uber Eats to 47 states, up from 17.That’s bad news for Instacart, which has worked with Costco since 2017.DoorDash and Uber Eats both started out delivering restaurant orders. The more expansive partnerships with Costco are their latest move to expand into the grocery business — and, potentially, eat Instacart’s lunch.Uber CEO Dara Khosrowshahi called grocery…

The blistering pace of AI is fueling intense anxiety among tech workers about their careers and futures.That’s according to Deedy Das, a partner at venture capital firm Menlo Ventures, who cited his conversations with people across the tech industry.Das said the recurring concerns he heard were workers struggling to keep up with a barrage of tech breakthroughs, deciding whether software engineering and product management are still viable long-term careers, and fretting about launching or joining a startup for better career prospects.”The deep amount of anxiety people in tech are feeling is off the charts,” Das wrote in an X post…

The big news in AI is that some people in AI think AI may destroy the world. And now the topic has broken through to regular people who couldn’t tell you what an LLM is.But another big AI development is that “agentic” bots — bots that can act on their own, on your behalf — are starting to roll out to regular people, too. Instinct, a new service that’s generating a ton of interest from the tech set, promises it can do things like buy you groceries or book your flights. And Meta just debuted Muse, which makes the same…

Effective altruism is having another moment in the spotlight, three years after Sam Bankman-Fried’s crypto collapse first put the movement on the map.The AI boom has created enormous new wealth among people sympathetic to effective altruism — a brand of philanthropy espoused by many in Silicon Valley. At the same time, the movement’s influence over AI safety debates has put it at odds with President Donald Trump’s push for rapid American AI development.On Monday, Trump dismissed fears that advanced AI could threaten humanity as a “hoax.” His administration went further: the Defense Department posted “Americanism, not effective altruism” on X,…

Our 6-year-old birthday-party guests and their parents will arrive in 15 minutes (plus that one family who always shows up early and asks, “What can we do to help?” For starters, please don’t come early.)I’m in the kitchen digging through drawers for birthday candles. From another room, I hear one of my sons yell, “Uh-oh! Mom!”Ice — I remember we still need more ice. Always more ice. My helpful husband is out in the driveway doing something with the leaf blower. Always something with the leaf blower.No matter how much I plan, in the frenzied minutes before any birthday party,…

A General Motors employee at the automaker’s Flint Engine plant working on Sept. 16, 2026 to assemble one of its new 5.7-liter Small Block V-8 engines.Michael Wayland / CNBCDETROIT — The buzzing of all-electric vehicles has once again been overtaken by the revving of V-8 engines in the Motor City amid deregulation by the Trump administration and lackluster demand for EVs.General Motors followed Ford Motor this week in touting new and improved gas-powered engines as well as a class-exclusive diesel option to build upon GM’s highly profitable full-size pickup truck business.The Detroit automaker on Thursday released details of the engine…

Kevin Dodge | Tetra Images | Getty ImagesA version of this article appeared in CNBC’s Inside Wealth newsletter, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.For donors who want to leave a legacy and save on taxes, naming a charity to receive their retirement account upon their death is one of the simplest ways to do so. But nonprofit leaders and lawyers warn of a growing wrinkle in carrying out these last wishes.  Typically, donors can leave their IRA to a nonprofit without adjusting their will. The amount is subtracted from their…

Netflix’s live sports strategy is predicated on finding games and tournaments it believes can be turned into events. That makes defining “event” paramount to the company’s success.”The thing about an event is it’s fuzzy, cultural, zeitgeist – that really sort of unmissable moment,” said Netflix Chief Content Officer Bela Bajaria in an exclusive interview last week with CNBC Sport. “There’s something in that that just feels like it’s very appointment TV, but also with great conversation around it.”Bajaria spoke from Melbourne, Australia, the site of the first-ever, regular-season NFL game in the country. Netflix owned the global rights to the…