The Daily Upside

Patent Drop

Disney Generative AI Patent Taps Into Users’ Memories

Photo via U.S. Patent and Trademark Office

Disney wants to use AI to help you recall fond memories.

2 min read
Inflation & Prices

Fed Keeps Interest Rates Steady Amid Solid Job Growth

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

The central bank held the funds rate at 5.25% to 5.5%, citing a “lack of further progress toward the Committee’s 2% inflation objective.”

2 min read
Consumer

McDonald’s May Have to Tap Out on Raising Prices

Photo by Lucas van Oort via Unsplash

First-quarter revenue rose, but global same-store sales grew just 1.9%, slightly below what Wall Street had predicted.

1 min read
Consumer

Climate Change Insurance Startup Arbol Raises $60 Million

Photo by John Middelkoop via Unsplash

The new fundraising comes just a month after Arbol spun up a subsidiary catering to homeowners in US coastal communities

2 min read

Advisor Upside

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

Banking on a Fed Rate Cut Today, Investors Look for Hints of What’s Next

Photo via Annabelle Gordon/Sipa USA/Newscom

1 min read
UPS Eliminates 48,000 Jobs While Working Toward $3.5 Billion Cost-Cutting Target

Photo via Lindsey Nicholson/UCG/Universal Images Group/Newscom

2 min read
Microsoft, OpenAI (Finally) Finalize Terms of Not-Quite Divorce

Photo via Mattie Neretin/Sipa USA/Newscom

2 min read

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