inflation

New U.S. inflation data is augmenting tech stocks, helping shares of cloud companies reach prices they haven't been close to for nearly a year.

Rivian is discontinuing the cheapest trim level of its all-electric truck and SUV known as the Explore package due to low demand, according to emails sent this week to customers. The company said in t

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Despite the focus on interest rates, it is the second aspect — inflation and the consequent government response — that will have the most significant consequences for founders and the public.

Walmart let go of almost 200 corporate employees on Wednesday amid the economic downturn and rising inflation, according to a person familiar with the development. The company said in a statement that

A strong dollar makes deals in Europe potentially cheaper for American investors and could make selling abroad more attractive to euro-denominated startups.

Experts say that most recent deals were finalized months before macroeconomic challenges hit the global VC landscape. This means there’s a lag in what’s reported as the current state of VC in Afri

Tesla has upped its prices again, with some models increasing in price by up to $6,000. The automaker has increased prices of its luxury electric vehicles multiple times this year, including a major p

Ford Motor is preparing for an economic downturn, despite steady consumer demand for new vehicles, according to the automaker’s chief financial officer. Even though Ford has seen record profits

Want to tame inflation? Start by ditching fossil fuels.

Tesla has raised prices on its vehicles as it anticipates cost pressures from suppliers and logistics over the next six to 12 months, the automaker said on Wednesday during its first-quarter 2022 earn

Apple’s latest earnings report found the hardware giant exceeding expectations amid the ongoing chip shortage. All told, the company marked a 9% growth in iPhone sales, as most of the rest of the ma

It's clear that we're entering a new monetary world here in the United States. Let's see what the impact is on tech.

Earlier today, as part of a private event, this editor was afforded the opportunity to talk with some of the biggest names in the world of private equity, including Carlyle co-founder David Rubenstein

Online retailers are seeing Black Friday-like sales due to the impact of the COVID-19 pandemic on their business. According to new data from Adobe’s Digital Economy Index, U.S. e-commerce jumped

During my recent conversation with Peter Kraus, which was supposed to be focused on Aperture and its launch of the Aperture New World Opportunities Fund, I couldn’t help veering off into tangents ab

In a world economy with slow growth and increased uncertainty, policymakers have had two sources for hope -- the tech industry and low interest rates. Could it be these goals are at odds?

Believe it or not, the money you have in your savings account right now is probably losing you money. In today’s economy, inflation outpaces the interest rates that banks pay to encourage saving