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Inflation & Prices

Just How Much Data Does the Fed Need to Cut Rates?

Photo via Aaron Schwartz/CNP/ Polaris/Newscom

Despite new data this week showing inflation has cooled, Powell and the Federal Reserve are still expected to hold off on rate cuts.

2 min read

Ursula von der Leyen, President of the European Commission. Photo via Abaca Press/Monasse Thierry/ANDBZ/Abaca/Sipa USA/Newscom

Banking

Europe Delays Stricter Banking Rules to Keep ‘Level Playing Field’ With US Rivals

The new rules are part of the Basel III reforms that were introduced in 2017 and designed in response to the 2008 financial crisis.

2 min read
Photo via Connor Lin / The Daily Upside

ETF Upside

Vanguard Files for ETF Share Class Approval

The company on Wednesday joined the ranks of fund managers that have filed for exemptive relief to offer ETF share classes of mutual funds.

2 min read
Photo via Cfoto/ZUMAPRESS/Newscom

Consumer

Starbucks’ China Business May Need a Caffeine Jolt

In an interview with the Financial Times, Starbucks CEO Brian Niccol said the company is exploring a partial sale of its China business.

2 min read
Photo via Bruce Cotler/ZUMAPRESS/Newscom

Media & Entertainment

Switch 2 Becomes Nintendo’s Fastest-Selling Console

The Switch 2 sold 3.5 million units in its first four days, and Nintendo’s targeting 15 million units for this fiscal year.

2 min read
Photo via Richard B. Levine/Newscom

Markets

Retail Investors Risk Ominous Opportunity Cost With Private Investments, Moody’s Warns

The private sector took off after traditional banks pulled back from some risky lending following the 2008 financial crisis.

2 min read
Photo by Getty Images via Unsplash

Advisor Upside

Financial Uncertainty Spurs Anxiety and Depression

Nearly 70% of Americans said financial uncertainty has made them anxious and depressed, according to a Northwestern Mutual report.

2 min read

Advisor Upside

How Advisors Can Harness Media to Reach Gen Z

Photo by Austin Distel via Unsplash

Advisors need to embrace social media, podcasting, and client testimonials if they want to reach Gen Z clients, marketing experts say.

2 min read

Patent Drop

Glimpse into the future of technology.

Photo via U.S. Patent and Trademark Office

Google Patent Highlights AI and Quantum’s Symbiotic Relationship
Photo via U.S. Patent and Trademark Office

The Time and Place for AI Code Generators
Photo via U.S. Patent and Trademark Office

Into the Future: The Patent Drop Highlight Reel
Photo via U.S. Patent and Trademark Office

Amazon Tries to Help Alexa Get Personal

Artificial Intelligence

Meta’s Scoping Out a Superintelligence Lab

Photo via Andrej Sokolow/dpa/picture-alliance/Newscom

As ChatGPT’s partial outage yesterday goes to show, AI companies are still struggling to scale up to artificial general intelligence.

2 min read

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