Venture capital's series progression is stalling at seed, according to new Carta data.
By the numbers: 46% of all seed deals were bridge rounds in Q1 2025, which is the highest bridge rate for any stage since Carta has been tracking such data.
Some consumer prices will likely rise due to tariffs, Treasury Secretary Scott Bessent acknowledged on Sunday, even after the White House publicly warned retailers against it.
Why it matters: A week after the president's economic team insisted tariffs would not increase consumer prices, there's a different message: They will, but inflation's in check and other costs are coming down.
The U.S. may impose some tariffs by region rather than on individual countries, as time runs out to negotiate a laundry list of trade deals globally, Treasury Secretary Scott Bessent said Sunday.
Why it matters: The administration is quickly curtailing its 90-deals-in-90-days ambition, acknowledging the practical realities of trying to negotiate complex trade agreements with dozens of countries simultaneously.
The enduring legacy of President Trump's trip to the Gulf may be the transformation of the Middle East into a global artificial intelligence powerhouse, despite massive risks to the U.S.
Why it matters: The Biden administration saw the Gulf as a backdoor for China to gain access to the computing power needed to advance AI. President Trump and the tech CEOs who joined him in the Middle East see a chance for multibillion-dollar deals.
President Trump on Saturday threatened Walmart over its plan to raise prices in the face of tariffs, demanding it absorb the costs instead.
Why it matters: The White House, facing the risk of looming tariff-driven inflation, has turned to publicly threatening retailers to keep prices in check.
