Economics

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Markets

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

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

Recent News

NYCPA CEO Says Accounting Needs a New Lesson Plan

Photo via NYCPA

3 min read
IRS, Treasury Cast Doubt on Dividend-Skipping ETFs’ Future

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2 min read
Slow TV: Netflix’s Revenue Growth Comes In at Slowest Pace in Three Years

Photo via Xinhua/Sipa USA/Newscom

2 min read

Photo via Abaca Press/Douliery Olivier/Abaca/Sipa USA/Newscom

Indicators

Don’t Blame AI for College-Grad Unemployment

The Federal Reserve Bank of New York says remote work is a driving force behind the rise in unemployment among young college graduates.

1 min read
Photo via Taylor Morrison

Finance

New Berkshire Chief’s Big Deal Gets Cool Reception from Investors

The deal is Berkshire’s first major deal under Greg Abel, who pledged to maintain Warren Buffett’s stoic commitment to value hunting.

2 min read
Photo via AdMedia/SIPA/Newscom

Indicators

Fresh Jobs Data May Help Fed Gauge How Much AI Strains US Labor Market

The US Bureau of Labor Statistics will be reporting May’s much-anticipated employment figures at the end of the week.

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

Markets

US Exchanges Crash Prediction-Markets Party

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
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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
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
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Inflation & Prices

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

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

4 min read

Photo via Tom Williams/CQ Roll Call/Newscom

Economics

What Is Inflation, Anyway? Prospective Fed Chief Wants to Redefine It

Kevin Warsh, President Trump’s nominee for Fed chair, wants to make big changes at the central bank. Will he succeed?

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

Economics

Can Bitcoin Fix the US Housing Market? Fannie Mae Is Finding Out

Fannie Mae is buying mortgages backed by cryptocurrency holdings. Is it the start of a housing renaissance or a new market crisis?

5 min read
Photo via Graviton

Markets

Graviton Draws Global Spotlight onto India’s Unicorns

India is home to 120 startups with valuations each topping $1 billion. High-frequency trading firm Graviton is at the center of the boom.

1 min read

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