Economics

Media & Entertainment

In Casinos, the House Always Wins. What About Prediction Markets?

Photo illustration by Connor Lin / The Daily Upside

Can Kalshi and Polymarket become the massive, all-purpose financial vehicles envisioned by backers or will they be disrupted by regulators?

5 min read

Photo via BONNIE CASH/UPI/Newscom

Indicators

Will Fed’s Latest Rate Cut Be Powell’s Last?

The latest reading of policymakers’ preferred inflation gauge is still coming in well above officials’ 2% target at 2.8%.

2 min read
(Photo by Towfiqu barbhuiya via Unsplash)

Financial Planning

Worried You Don’t Have Enough Money to Retire? New Rules in ’26 Make It Easier to Catch Up

Many of the new retirement account rules that take effect in 2026 can simplify building up the savings necessary to live the life you want.

3 min read
Photo via Lindsey Nicholson/UCG/Universal Images Group/Newscom

Indicators

Mixed Message to Fed: Layoffs, Job Openings Increase Simultaneously

The number of available positions climbed to 7.67 million in October, according to the JOLTS report, good for the highest mark in five months.

2 min read

Economics

Traders Say a December Rate Cut Is Coming. The Fed Isn’t so Sure

Photo via Kyodo/Newscom

Ahead of the Federal Open Market Committee’s meeting Wednesday, the CME Group’s FedWatch tool has the odds of a quarter-point cut at 87%.

1 min read

International Economics

White House Touts $270 Billion Worth of Deals at Saudi-palooza

Photo via Nathan Howard – Pool via CNP/CNP / Polaris/Newscom

2 min read

Economics

US Tariffs Chew a Hole in Retailers’ (and Shoppers’) Christmas Stockings

Photo illustration by Connor Lin / The Daily Upside, Photos by Sabelskaya and Gyzele via iStock

The US has basically imposed tariffs on Christmas this year: Trees, ornaments and even gifts. Now, both shoppers and sellers feel Grinchy.

6 min read

Photo via Sue Dorfman/ZUMAPRESS/Newscom

Economics

Supreme Court Questions White House Rationale for Tariff Regime

The Supreme Court agreed to fast track this case, meaning a ruling could be handed down before the end of the year.

2 min read
Photo via Olivia Sun/ZUMAPRESS/Newscom

Indicators

Private Employers Add 42,000 Jobs, Marking First Net Gain Since Summer

Overall employment was likely roughly flat in October due to layoffs in the federal government amid the longest shutdown in history.

1 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by AltoClassic via iStock and Freepik

Economics

Thawing Housing Market Not Yet Liquid Enough to Jump-Start Sales

Rejuvenating frozen US housing sales will require a strong job market and mortgage rates low enough to pique sellers’ interest in new homes.

4 min read

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