The Daily Upside

M&A

Eli Lilly to Pay up to $3.8B for AtaiBeckley in Big Pharma’s Latest Psychedelic Foray

Photo via Kris Tripplaar/Sipa USA/Newscom

The deal gives Eli Lilly access to a ⁠psychedelic-based nasal spray that studies show curbs treatment-resistant depression in a single dose.

1 min read
Consumer

Lackluster Retail Sales Mask a (Short-Lived) Silver Lining

Photo via Christopher Beckett/Sipa USA/Newscom

Cooling retail sales growth in June reflects a brief decline in gasoline prices amid a short-lived ceasefire between the US and Iran.

2 min read
Semiconductors

Wall Street Balks at TSMC’s $100 Billion Bet on Growing AI Demand

Photo via Jim West/UCG/Universal Images Group/Newscom

TSMC’s pledge to invest an extra $100 billion into its Arizona-based chip fab rekindled fears of overspending on artificial intelligence.

2 min read
Retirement Upside

The New Retirement Plan: Living out of a Suitcase

Photo by Vladislav Klapin via Unsplash

Advisors recommend careful planning to make sure that a more global approach to post-professional life doesn’t carry a bigger tax bill.

2 min read

Advisor Upside

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

How Financial Planning Can Help Treat the ‘Financial Toxicity’ of Cancer

Photo illustration by Connor Lin / The Daily Upside

5 min read
Why Is the Job Market so Tough for Younger Workers?

Photo illustration by Connor Lin / The Daily Upside, Photo by Feedough via iStock

5 min read
More Adult Children Are Supporting Their Parents. It May Cost Them in Retirement

Photo by Getty Images via Unsplash

2 min read

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