Brian Boyle

brian@thedailyupside.com

Brian Boyle (he/him) is a senior reporter at The Daily Upside. His writing has previously appeared in outlets such as Vice, Slate, and The Los Angeles Times, where he was a contributing writer on the opinion section. He lives in Los Angeles.

Economics

Manufacturing, Construction Slowdown Trigger Broad Sell-Off

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Both manufacturing and construction spending came in softer than expected. The downbeats stoked fears of a downturn.

2 min read
Media & Entertainment

Summer Box Office Shows Hollywood Settling into a New Normal

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After a dismal start to the summer, the movie business roared back to life with a steady stream of big-screen hits.

2 min read
Personal Finance

Home Economics: Homeownership is still the American Dream. But Should it Be?

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Buying a home is expensive. And so is owning one. In the era of high mortgage rates and soaring expenses, is homeownership still worth it?

4 min read
Artificial Intelligence

The US Government is Ready to Regulate AI

Photo by Jernej Furman via CC BY 2.0

The US Artificial Intelligence Safety Institute announced OpenAI and Anthropic agreed to allow it to test and evaluate new models for safety.

2 min read
Technology

Klarna Proves it Can Win Even With High Interest Rates

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Klarna, which is planning a US public debut as soon as early 2025, announced stellar first-half results for 2024.

2 min read
Big Tech

IBM Shutters Its China R&D Division

Photo by Mark Ahsmann via CC BY-SA 3.0

IBM announced it would be shutting down its Chinese research and development team, shifting some operations to other locations.

2 min read
Consumer

Is Peloton’s Turnaround Plan Finally Working?

Photo by Phillip Pessar via CC BY 2.0

Peloton reported sales growth of 0.2% in the latest quarter, its first quarter of year-over-year revenue growth since late 2021.

1 min read
Consumer

Target and TJ Maxx Win Big By Keeping Prices Low

Photo by Ajay Suresh via CC BY 2.0

Both Target and TJ Maxx posted stellar earnings results on the strength of the incredibly resilient US consumer.

1 min read
Media & Entertainment

Disney Faces Regulatory Roadblocks in Global Sports Push

Photo by Mika Baumeister via Unsplash

Antitrust regulators in India flagged Disney’s $8.5 billion merger with Reliance for competition concerns in cricket broadcast rights.

2 min read
Finance

What’s Fueling the Market Rebound?

Photo by Federal Reserve Board of Governors via Public Domain Mark 1.0

The S&P 500, having recovered all its losses from earlier this month, sits just less than 2% away from the all-time peak it reached in July.

2 min read
Healthcare

Healthcare, Pharma Companies Surge on WHO Mpox Declaration

Photo by CDC via Unsplash

The World Health Organization has declared mpox to be a public health emergency, and pharmaceutical and healthcare winners have emerged.

2 min read
Real Estate

Mortgage Refinancings Surge as Rates Drop, Inflation Cools

Photo by Daniel Abadia via Unsplash

As mortgage rates drop, current homeowners are using the opportunity to refinance their mortgages at the fastest pace since 2022.

2 min read
Media & Entertainment

Paramount Closes TV Studio, Lays Off 15% of Staff

Photo by Gary Bembridge via CC BY 2.0

As Paramount moves under the control of Skydance Media, current leadership is undergoing a campaign to realize half a billion in savings.

2 min read
Big Tech

The DoJ Won, But Google’s Monopoly Status May Have Already Been in Peril

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The DOJ prevailed in its lawsuit arguing Google illegally conducted business to maintain a monopoly in the search engine industry.

2 min read
Real Estate

Apartment Building Loans May Be Just as Bad as Office Building Loans

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Tens of billions of dollars’ worth of apartment building loans and mortgages are at risk of distress as of the end of the second quarter.

2 min read
Markets

Novo Nordisk Slips Amid Disappointing Wegovy Sales

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Novo Nordisk’s share price fell over 8% on Wednesday after the company reported lower-than-expected sales of Wegovy.

2 min read
Consumer

Uber Coasts to Another Quarter of Profitability

Photo by Raysonho via CC0 1.0

Uber returned to profitability in the second quarter, bucking macroeconomic trends and proving it can diversify its revenue streams.

2 min read
Artificial Intelligence

Nvidia Downloaded a ‘Human Lifetime’ Amount of Video Daily to Train Chips

Photo via Nvidia Media Assets

To compile training data for AI chips, Nvidia was downloading 80 years’ worth of video daily off of YouTube, Netflix, and academic databases.

2 min read
Technology

Can Meta’s Threads Power the ‘Fediverse’ into the Mainstream?

Photo by Julio Lopez via Unsplash

Threads’ user count is a big deal for the federation of decentralized but interconnected social networks — the fediverse — it’s part of.

2 min read
Autos

Can Carvana Pull Off a Comeback?

Photo via Carvana

Carvana posted stellar results in its latest earnings call, leaving many analysts to wonder if this may be the start of something new.

1 min read

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