Economics

Economics

Wall Street Is Preparing for Kevin Warsh’s First FOMC Meeting as Head of the Fed

Photo via Daniel Torok/White House/Newscom

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photos by AdMedia/SIPA and IMAGO/Zoonar/Marco Brivio via Newscom

Economics

Can Kevin Warsh Tame the Fed’s $6.7 Trillion Balance Sheet?

4 min read
Photo by Erik Mclean via Unsplash

Inflation & Prices

Labor Department Reports Inflation at 4.2% in May, and Energy’s Not the Only Problem

Labor-intensive services such as gardening, home healthcare and day care and preschool were all significant drivers of inflation.

2 min read
Photo via LONG WEI/FEATURECHINA/Newscom

International Economics

Pentagon Blacklists Chinese Tech Giants, Setting Up Potential Restrictions

Headlining the list of companies that were added are e-commerce giant Alibaba, search giant Baidu, and BYD, the world’s top EV maker.

2 min read

Markets

Wall Street HALO Beckons Investors Trying to Ward Off AI-Driven Losses

Photo illustration by Connor Lin / The Daily Upside

As the AI bull run threatens formerly high-growth sectors like software, investors seek safety in HALO companies out of the tech’s reach.

5 min read

Markets

US Exchanges Crash Prediction-Markets Party

Photo illustration by Connor Lin / The Daily Upside, Photos by Andrey Krav and Anton Zacon via iStock

Nasdaq and Cboe are introducing binary bets on financial market events, capitalizing on the success of Kalshi and Polymarket.

4 min read

Photo via Andrew Schwartz/SIPA/Newscom

Technology

Salesforce Delivers a SaaSpocalypse Reality Check

Salesforce points to record revenue of $11.1 billion and its own embrace of artificial intelligence to dispel SaaSpocalypse worries.

2 min read
Photo via Weston Hancock/ZUMAPRESS/Newscom

Energy

Oil Prices Slide amid Fresh Hope for US-Iran Peace Deal

Oil prices may eventually reach $200 a barrel unless a supply crisis sparked by the Iran War is resolved, experts warn.

2 min read
Photo via Abaca Press/ANDBZ/Abaca/Sipa USA/Newscom

Autos

Stellantis’s Ambitious Overhaul Overshadowed by Ford’s Burst of Energy

Stellantis’s $69.6 billion revival plan includes nine North American models priced under $40,000 and refreshes of a dozen others.

2 min read

Inflation & Prices

‘Bucket List’ Vacations Give Way to Budget-Friendlier Trips amid Sky-High Fuel Prices

Photo illustration by Connor Lin / The Daily Upside

Surging prices are prompting budget-conscious travelers to second-guess vacation plans while airlines dangle new perks for luxury customers.

4 min read

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