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The industry has suffered from an abrupt reversal of fortunes, explains Mark Mahaney of Evercore ISI, an investment bank. In recent years more than one factor gave tech a boost: the coronavirus pan...

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This year only 30 have done so. The boom in SPACs, which go public and then find a startup with which to merge, has imploded. Of the more than 1,000 such firms that have floated in America since 2...

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Business. The tech crunch, Part One - Pop! Tech bubbles are bursting, some more loudly than others. A favourite pastime in Silicon Valley, second only to inventing the next new thing, is bubble-s...

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Finance and economics. Employment: Triumph of the Luddites. Covid-19 was meant to lead to job-killing automation. It was meant to be a bloodbath. When covid-19 struck in early 2020, economists...

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Finance and economics. Italy’s debt: Whenever it breaks. How inflation and rising interest rates might affect Italy’s finances. Before the pandemic it was a cause for excitement among economists ...

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Between 1967 and 1979 the share of 20- and 21-year-old women who expected to be employed at 35 jumped from 35% to 80%. Expectations also matter for employers. Although the pay gap narrowed in the ...

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Finance and economics. Golden Goldin. A Nobel for an economist who has overturned assumptions about gender equality. On the morning of October 9th, the National Bureau of Economic Research circul...

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America is hardly alone in struggling with high prices. Inflation in the euro area is expected to have risen to 8.6% in June. But the details are different. Europe’s problems are more closely...