The Business Nearby

Economy

3 articles

A cracked and distressed unicorn statue in a desolate landscape, symbolizing the current crisis in unicorn startup valuations and funding.
New Openings

Unicorn Valuations Plummet, Sparking Startup Nightmare

Nearly half of America's 857 unicorn startups haven't raised fresh funding in three years, according to CNBC .

Rizza Valencia·June 4, 2026
A gas station price sign showing a high national average price for gasoline, with a worried driver in the background.
Market Trends

Gas Prices Soar, National Average Nears $5 Amid Tensions

Californians are already paying $5.84 for a gallon of gas.

Eleni Kassian·June 1, 2026
Cinematic depiction of AI's impact on the workforce, showing fading silhouettes of people against a futuristic cityscape, symbolizing job displacement.
Main Street Properties

AI job displacement cuts US payroll growth by 16,000 monthly

In the past year, AI slashed US monthly payroll growth by roughly 16,000 jobs, hiking the unemployment rate by 0.

Rizza Valencia·May 24, 2026