Industries

Inflation & Prices

Walmart Blames Upcoming Price Hikes on Tariffs

Photo by David Montero via Unsplash

Walmart says price hikes are coming this month and in the summer. You can thank tariffs on imports for them.

2 min read

Photo by Robert Way via iStock

Artificial Intelligence

AI Search Startup Perplexity Launches Ad Revenue-Sharing Program

AI-powered search engine startup Perplexity announced a revenue-sharing program on Tuesday with a handful of media companies.

2 min read
Photo via Connor Lin / The Daily Upside

Consumer

Temu Faces a Supplier Revolt

Suppliers are upset Temu is swapping to a more Amazon-esque supplier model and trying to drive prices ever-downward.

2 min read
Photo by Colton Sturgeon via Unsplash

Markets

Energy Crisis Spurs Record Payout at Vitol Group

Vitol Group, the world’s largest independent oil trader, has paid around a record $6.4 billion in share buybacks to its employee-owners.

1 min read

Industries

Thinning Cattle Herds Drive US Beef Prices to Record Highs

Photo by Monika Kubala via Unsplash

US cattle inventories have been battered by drought, leading to record beef prices and a long road to bringing them down.

2 min read

Consumer

Airbnb Reinvents Itself to Regain Rizz

Photo by Raysonho via CC0 1.0

Aibnb is branching out beyond short term rentals as it faces falling travel demand and regulatory pushback from some cities.

1 min read

Industries

Elon Musk’s Boring Company Gets Bite at Major Amtrak Contract

Photo by Steve Jurvetson via CC BY 2.0

Elon Musk’s Boring Company has held talks with the Federal Railroad Administration about building a multi-billion dollar Amtrak tunnel.

2 min read

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