The Daily Upside

Economics

Political Conventions Bring in Less Money Than Promised

Photo by Andy Feliciotti via Unsplash

The economic impact on host cities of political conventions’ like the DNC and RNC are not quite as advertised

1 min read
Policy & Power

As the Election Draws Near, New Sectors are Trying their Hands at Lobbying

Photo by Tech Daily via CC BY 2.0

While the usual suspects are steadily spending more money on political lobbying, specific and quite new industries are diving in headfirst.

2 min read
Media & Entertainment

Can the Enhanced Games Get the World Hooked on Steroids?

Photo illustration by Connor Lin / The Daily Upside, Photos by Ben Gingell and Tatiana via iStock

After nearly 3,000 years, the business of the Olympics is ripe for disruption. Could performance enhancing drugs shake up the games?

5 min read
Finance

US Regulator Finds ‘Unacceptable’ Deficiency Rates At Audit Firms

Photo by Lumos Ajans via iStock

The Public Company Accounting Oversight Board called out an “unacceptable” level of deficiencies at the country’s biggest auditors.

1 min read
International Economics

The UK’s Higher-Education Sector is Trying to Dodge a Finance Crisis

Photo by David Iliff via CC BY-SA 3.0

The UK’s top-notch schools are a premier destination for international students, and education is a big part of the economy.

2 min read
Healthcare

Healthcare, Pharma Companies Surge on WHO Mpox Declaration

Photo by CDC via Unsplash

The World Health Organization has declared mpox to be a public health emergency, and pharmaceutical and healthcare winners have emerged.

2 min read
Patent Drop

Salesforce Patent Highlights Alternatives to Third-Party Cookies

Photo via U.S. Patent and Trademark Office

The tech highlights the ongoing privacy conversation surrounding these bite-sized trackers.

2 min read
Patent Drop

Tesla’s Data Protection Patent Could Personalize Robotaxis

Photo via U.S. Patent and Trademark Office

But data aside, many have cast doubt on the company’s plan for autonomous ridesharing.

2 min read
Patent Drop

Raytheon Patent Highlights Use Cases and Risks of AI in Defense

Photo via U.S. Patent and Trademark Office

Raytheon’s patent to create sophisticated synthetic image data could allow the firm to generate large, robust datasets.

2 min read
Consumer

Mars Scores Biggest Acquisition Ever with Pringles Maker

Photo by Mike Mozart via CC BY 2.0

Mars announced on Wednesday that it has agreed to buy snack maker Kellanova, a spin-off from Kellogg’s, for a mouth-watering $35.9 billion.

1 min read
Markets

GoDaddy Is Flooring It to the Top of the S&P

Photo via GoDaddy

GoDaddy now sits just outside the top 10 performing companies in year-to-date returns, outpacing everyone in the Mag-7 except for Nvidia.

1 min read
Real Estate

Mortgage Refinancings Surge as Rates Drop, Inflation Cools

Photo by Daniel Abadia via Unsplash

As mortgage rates drop, current homeowners are using the opportunity to refinance their mortgages at the fastest pace since 2022.

2 min read
Banking

UBS Quarterly Profit Doubles Market Forecast

Photo by Thamerpic via iStock

UBS appears to have regained its form, reporting $1.1 billion in net income for the second quarter, doubling analyst estimates.

2 min read
Consumer

Starbucks Abruptly Dumps CEO, Poaches Chipotle Boss

Photo by Dom J via Pexels

For Starbucks chief Laxman Narasimhan, the daily grind is over. The embattled coffee chain named Chipotle CEO Brian Niccol his successor.

1 min read
Media & Entertainment

Paramount Closes TV Studio, Lays Off 15% of Staff

Photo by Gary Bembridge via CC BY 2.0

As Paramount moves under the control of Skydance Media, current leadership is undergoing a campaign to realize half a billion in savings.

2 min read
Industries

No One’s Having Fun Making Planes

Photo by Laurent Errera via CC BY-SA 2.0

Airbus hasn’t been able to capitalize much on Boeing’s misfortunes thanks to its own workforce and supply chain issues.

2 min read
Advisor Upside

Advisors Turn to Substack to Tune In New Clients

Photo via Connor Lin / The Daily Upside

The online newsletter platform is providing advisors with the tools to maintain and attract new wealth management clients.

2 min read
Advisor Upside

Can ‘Gen-2’ Robo-Advisors Take On Wall Street?

Photo by Freedom Naruk via iStock

With advancements in artificial intelligence, new tools and deeper personalizations may soon be at investors’ fingertips.

2 min read
Advisor Upside

Betting on Volatility? Cboe Plans to Launch Options on VIX Futures

Photo by Photo by Tima Miroshnichenko via Pexels

Attaching options to futures contracts adds more complexity, but the exchange says it may also help protect investments against uncertainty.

2 min read
Politics

Harris and Trump Agree That Tips Shouldn’t Be Taxed

Photo by Sam Dan Truong via Unsplash

Kamala Harris supports eliminating federal taxes on tips for service and hospitality workers, which Donald Trump also supports.

2 min read

FA Upside

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

Eli Lilly’s Weight-Loss Drug Finally Off FDA Shortage List

Photo by Jetcityimage via iStock

1 min read
Climate Change Forces Starbucks Deeper into Coffee R&D

Photo by Shelby Murphy Figueroa via Unsplash

2 min read
Dock Workers Agree to Pause Historic Strike To Negotiate New Contract

Photo by Chuttersnap via Unsplash

2 min read