Finance

Banking

Wall Street Scored Record Bonuses Just in Time for a Slump

Photo by Ryan Brooklyn via Unsplash

The good times, they don’t last. But on Wednesday, we at least found out just how good the good times were.

2 min read

Photos by Ikechukwu Julius Ugwu and Nick Sarvari via Unsplash, Daveynin via CC BY 2.0, and Michael Vi via iStock

Advisor Upside

Big Brokers Beat Estimates in Strong Start to Earnings Season

JPMorgan Chase and Wells Fargo, among other banks and asset managers, beat analysts’ expectations in the third quarter.

1 min read
Photo via U.S. Patent and Trademark Office

Patent Drop

Mastercard Blockchain Patent Could Make Financial Audits Easier

Mastercard might use blockchain to straighten out transaction records.

2 min read
Image Credit: iStock, BalkansCat

M&A

EY Delays New Hires’ Start Dates Due to Lackluster Deal Environment

EY informed around 200 recent graduates hired for its Parthenon advisory division that their start dates have been postponed until mid-2025.

1 min read

Blockchain

Fidelity (and So Many Others) Test Stablecoin Waters

Photo by Sundry Photography via iStock

Stablecoins are the Girl Scout cookies of the financial world, and everyone’s splurging for their own this spring.

2 min read

Photo by Myron Mott via Unsplash

Advisor Upside

How Clients Can Invest in NFL Teams

As the NFL opens up investments from private equity firms, new funds may help clients invest in their favorite teams.

2 min read
Photo via U.S. Patent and Trademark Office

Patent Drop

JPMorgan Patent Could Add Guardrails to AI in Banking

Given that AI systems can’t always be totally accurate, observing when they make mistakes could mitigate a lot of harm.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo via Vanguard

Markets

Weathering the Storm: A Q&A with Vanguard on Market Volatility

The last four years have been head-spinning. Dan Newhall, Vanguard’s head of portfolio solutions, talked us through the volatility.

5 min read

Finance

California May Face Insurance Crisis as Peak Wildfire Season Looms

Photo by CAL FIRE via Public Domain Mark 1.0

The FAIR Plan, which insures California’s highest-risk homes, will only have about $305 million left by June.

1 min read

Finance

Federal Contract Spending Cuts Bleed Accenture Stock Price

Photo by JiriMatejicek via CC BY-SA 3.0

Accenture said during its earnings call last week that DOGE-led federal spending cuts were starting to hit sales.

2 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.