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Ars Live: CTA policy expert explains why tariff stacking is a nightmare

Earlier this month, Ars spoke with the Consumer Technology Association's vice president of international trade, Ed Brzytwa, to check in and see how tech firms have navigated Donald Trump's unpredictable tariff regimes so far. Brzytwa has led CTA's research helping tech firms prepare for Trump's trade war, but during our talk, he confirmed that "the reality has been a lot more difficult and far worse, because of not just the height of the tariffs, but the variability, the tariffs on, tariffs off

AI Not Affecting Job Market Much So Far, New York Fed Says

By Michael S. Derby NEW YORK (Reuters) -Rising adoption of artificial intelligence technology by firms in the Federal Reserve's New York district has not been much of a job-killer so far, the regional Fed bank said in a blog on Thursday. "Businesses reported a notable increase in AI use over the past year, yet very few firms reported AI-induced layoffs," New York Fed economists wrote in the blog. "Indeed, for those already employed, our results indicate AI is more likely to result in retrainin

Topics: ai fed firms new york

What Does Consulting Do?

This paper provides the first systematic and comprehensive empirical study of management and strategy consulting. We unveil the workings of this opaque industry by drawing on universal administrative business-to-business transaction data based on value-added tax links from Belgium (2002-2023). These data permit us to document the nature of consulting engagements, take-up patterns, and the effects on client firms. We document that consulting take-up is concentrated among large, high-labor-product

Trump opens door for crypto in retirement accounts

Trump opens door for crypto in retirement accounts But critics say it could increase risks for savers. The move is intended to eventually give everyday workers new access to investments formerly reserved for wealthy individuals and institutions, while opening up previously untouched pools of funding for firms in those fields. On Thursday, he ordered regulators to look for ways to change rules that might discourage employers from including such offerings in workplace retirement accounts, known

Elon Musk Accused of Stiffing Small Businesses for Millions of Dollars, Causing Some to File for Bankruptcy

Tesla CEO Elon Musk, the richest man in the world, has allegedly been stiffing small businesses, causing some of them to file for bankruptcy. According to an investigation by CNN, contractors have filed liens — claims of possession of property until a debt is paid off — for more than $110 million against Tesla over the last five years. The company still owes dozens of businesses more than $24 million. Worst of all, many of these firms are mom-and-pop operations, making them extremely vulnerabl

Topics: cnn firms musk pay tesla

VC industry has become a better career for women over the past 7 years

In Brief Women are making strides in the venture capital world, according to a new report published by the nonprofit All Raise and as first reported by the Wall Street Journal. All Raise released a report that said 18.6% of the top roles at leading VC firms are held by women, which is double what it was in 2018. The survey also found that many women (a quarter of survey respondents) were promoted last year and that investors were still interested in backing underrepresented founders (75% of in

Ars Live: Consumer tech firms stuck scrambling ahead of looming chip tariffs

We're roughly six months into Donald Trump's trade war, and tech firms remain in a fog, unsure what tariffs or retaliations could be coming next. To shed light on this struggle, we invite you to join us for an Ars Live talk at 1 pm ET on Thursday, July 24, with Consumer Technology Association (CTA) Vice President of International Trade Edward Brzytwa. We'll be discussing how tech firms are responding to tariffs so far and how looming chip tariffs could pose the biggest hurdle yet in sourcing al

Multiplier, founded by ex-Stripe exec, nabs $27.5M to fuel AI-powered accounting roll-ups

In late 2022, Noah Pepper, a former Stripe business lead for the Asia Pacific region, founded Multiplier, a startup that aimed to sell software to tax accounts. But soon after ChatGPT was released, he realized that AI can change how professional service firms use technology. “I realized I was barking up the wrong tree by trying to build a SaaS business, and instead I should figure out how to make these people more effective,” he told TechCrunch. The startup acquired Citrine International Tax,