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 Tom Fournier via Pexels

Energy

Saudi Arabia Gives Up Trying to Drive Oil Higher

Saudi Arabia, the biggest and most influential member of OPEC, is abandoning its goal of driving the price of an oil barrel up to $100.

2 min read
Photo by Raph_PH via CC BY 2.0

Big Tech

TikTok is Ditching Music Streaming — But Spotify Can’t Relax

TikTok is calling it quits on a music streaming business that barely made it out the door, and only launched trials last year.

2 min read
Photo by Drew Dau via Unsplash

Autos

The Biden Administration’s War on Chinese Cars Just Got Bigger

The Biden administration is introducing a ban on both hardware and software for “connected vehicles” from China and, incidentally, Russia.

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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