An unfolding revenue crisis for Airbnb, the popular service that lets property owners rent out their spaces to travelers, could trigger a housing market crash "on par with the 2008 subprime crisis" in some cities, according to a real-estate expert. Revenues for the San Francisco-based company have dropped by nearly 50 percent in cities like Phoenix, Arizona, and Austin, Texas—suggesting that the company might be facing an unfolding crisis.
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Axios - Applications for internships at Citadel and Citadel Securities — Ken Griffin's firms — were up 69,000 over last year (+65%) after the median wage jumped to $120 an hour, Bloomberg reports. Layoffs in the tech industry mean college grads seeking high-paying gigs view banking as a better bet than Silicon Valley. . . .Hourly intern pay at hedge funds and proprietary trading/
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