The Daily Upside

Industrials

Sugar Shortages Loom as Supply Gets Sticky

(Photo by Mathilde Langevin on Unsplash)

Logistical holdups at ports in Brazil combined with poor sugar crops in other major sugar-producing nations is stretching supply of the crop.

1 min read
Regulation

Betting Startup Sues Feds After Election Markets Plan is Rejected

(Photo by Gage Skidmore under CC BY-SA 2.0)

Financial exchange startup Kalshi has sued the Commodity Futures Trading Commission, arguing that the regulator overstepped its authority.

1 min read
Real Estate

Washington DC Sues Landlords, RealPage in Alleged Rent-Fixing Scheme

(Photo by Chuttersnap on Unsplash)

Washington, DC’s Attorney General filed a lawsuit against property management software maker RealPage, along with 14 commercial landlords.

2 min read
OP-ED | Power Corridor

A Bottomless Congressional Conflagration

Another month, another potential government shutdown. The U.S. House of Representatives did manage to briefly overcome its deep divisions long enough to…

3 min read

OP-ED | Power Corridor

SBF’s Own Words Prove His Downfall

For Sam Bankman-Fried, the former chief executive of bankrupt cryptocurrency exchange FTX, it is safe to say his gift of gab – which briefly…

2 min read
Power Corridor

Fed’s Tea Leaves Get Murkier

Photo by Federal Reserve Board of Governors under Public Domain Mark 1.0

The U.S. Federal Reserve is all but certain to hold interest rates steady Wednesday, but the economy is still scorching – beating expectations in…

2 min read
Artificial Intelligence

Microsoft’s AI News Poll Ticks Off UK Newspaper

(Photo by Connor Lin/The Daily Upside)

The Guardian submitted a complaint to Microsoft on Tuesday after a grotesquely inappropriate AI-generated poll next to a Guardian article.

2 min read
Energy

Biden’s Ambitions for Offshore Wind Are High, Maybe Not Realistic

(Photo by Harry Cunningham on Pexels)

On Tuesday, the Biden administration approved the construction of a massive wind farm off the coast of Virginia.

2 min read

Banking

Low Deal Flow Means Lower Bonuses for Wall Street

(Photo by Edgar on Unsplash)

After 10 months of slower-than-anticipated deal flow, bankers are expecting less-than-stellar year-end holiday bonuses.

1 min read
Patent Drop

Microsoft Guards its Models at All Angles

Photo by Village Global under CC BY 2.0

Microsoft’s AI protection patent shows the vulnerabilities that models face amid rapid growth.

3 min read
Industrials

European Aluminum Giant Is Fretting a Chinese EV Influx

Photo by Blaz Erzetic/Unsplash

While the price of aluminum has climbed off the mat in recent months, it’s still well below the heady days of early 2022.

2 min read
Patent Drop

From the Expert: AI’s Impact on Data Security

AI’s rapid adoption will require cybersecurity that’s more sophisticated than ever before.

2 min read

Markets

Homebuilders Feel the Squeeze of Tight Housing Market

Photo by Zac Gudakov via Unsplash

Shares of leading US homebuilders have plummeted since an industry-wide peak in July, according to a Financial Times analysis.

2 min read
Industrials

Climate Change and Regulations Squeeze Alaska’s Salmon Fishers

(Photo by Max Randall/Unsplash)

Salmon fishers in Alaska face a cascade of challenges as state regulators implement a series of restrictions to prevent overfishing.

1 min read
OP-ED | Power Corridor

Not All Hollywood Bets Have Fairytale Endings

The U.S. Securities and Exchange Commission announced that it charged BlackRock – the largest money manager in the world, with nearly $10 trillion in…

4 min read
Media & Entertainment

WPP Slashes Profit Outlook After Sluggish Quarter

(Photo via WPP Media Library)

WPP issued a reduction of its profit outlook for the second time in consecutive quarters on Thursday, citing major headwinds.

1 min read
Regulation

Chinese Government Puts a New Leash on its Financial Sector

(Photo by Foreign, Commonwealth & Development Office under CC BY 2.0)

Beijing plans to establish a Central Financial Commission, which will act as a watchdog for the country’s $61 trillion financial sector.

2 min read
Banking

Goldman Sachs Gets Into the Geopolitical Advice Game

(Photo by Ken Lund under CC BY-SA 2.0)

Goldman Sachs is launching a sort of geopolitics-slash-technology research arm to advise clients who get anxious when they turn the news on.

1 min read
Patent Drop

Oracle’s Patent Could Keep AI From Spilling the Beans

Oracle wants to protect its AI models from being asked the wrong questions with a patent for a “machine learning model attack guard.”

3 min read
Economics

The Economy is Expected to Slow, Someday

(Photo by Blake Wisz on Unsplash)

The third quarter likely saw strong economic growth, which sounds like good news — unless you’re rooting for lower interest rates.

1 min read

Advisor Upside

Financial advisor news, market insights, and practice management essentials.

Chegg Cuts Workforce as AI Takes Over the Chat

Photo by Shantanu Kumar via Unsplash

2 min read
Optimism Overpowers Market Uncertainty Following US-China Trade Thaw

Jerome Powell, Chair of the Federal Reserve. Photo by Federal Reserve Board of Governors via PDM 1.0.

2 min read
Trump Prescribes Deep Discounts for Big Pharma

Photo by Cj via Unsplash

2 min read

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