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Falling Used-Car Demand Puts Pressure on Carvana and Other Dealers

About a year ago, the used-car business was a rollicking party. The coronavirus pandemic and a global semiconductor shortage forced automakers to stop or slow production of new cars and […]




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What’s Behind All Those Tech Layoffs? A New Economic Reality

“High rates are painful for almost everyone, but they are particularly painful for Silicon Valley,” said Kairong Xiao, an associate professor of finance at Columbia Business School. “I expect more […]




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Tech Layoffs Continue as Shares Fall and Interest Rates Rise

“High rates are painful for almost everyone, but they are particularly painful for Silicon Valley,” said Kairong Xiao, an associate professor of finance at Columbia Business School. “I expect more […]