The Daily Upside

Autos

UAW Notches Win for EV Battery Workers with GM

The United Auto Workers announced on Friday that it had called off a planned walkout at a General Motors plant in Arlington, Texas.

2 min read
Economics

US Consumers Are Taking a Credit Card Break

(Photo Credit: Avery Evans/Unsplash)

Facing eye-watering amounts of debt and record-high interest rates, US consumers have started charging less on their credit cards.

1 min read
Industries

Home Depot Crime Ring Highlights Boom in Retail Theft

Home Depot cracked open a crime ring that has accounted for $3 million in stolen goods across its Florida locations.

1 min read
Technology

So You Want to be an Influencer

Everyone wants a create content on TikTok account, generating millions of dollars, but reality is a harder truth.

5 min read

Patent Drop

Adobe Continues AI Push By Keeping a Close Eye on User Behavior

Mikaela Shannon on Unsplash

Adobe wants to watch its users a little closer so it can recommend how to properly change the brightness in Photoshop using AI.

2 min read
Patent Drop

Shopify Plugs Away at AR Patents for Merchants

Photo by Tima Miroshnichenko on Pexels

Shopify wants to use AR to help you after you pulled the trigger on that big purchase. AR shopping may lean towards end-to-end experiences.

2 min read
Power Corridor

Life After Epstein at America’s Top Bank

“Photo by Steve Jurvetson under CC BY 2.0”

JP Morgan, the largest bank in America, with more than $3 trillion in assets, settles all Epstein lawsuits.

5 min read
Policy & Power

Alibaba’s Logistics Hub in Belgium Hit With the Latest Spying Scrutiny

(Photo by Jacques Dillies on Unsplash)

Belgian authorities are monitoring Alibaba for “possible espionage” at the company’s main European logistics hub.

2 min read

Social Media

Twitter’s Latest Ad Problem: Users Flagging Them for Misinformation

Twitter designed the community notes feature for users to add context to possible misleading tweets. Now it’s a liability for advertisers.

2 min read
Finance

Goldman Sachs Launches Platform for Third-Party ETFs

(Photo by m. on Unsplash)

Goldman Sachs launched its ETF accelerator platform, intended to help smaller third-party funds enter the $10 trillion market.

1 min read
Patent Drop

Meta May Turn to Synthetic Data to Feed its AI Growth

Photo courtesy of Meta Media Gallery

Meta might want to make synthetic data from your Facebook posts. While this helps solve the privacy issue, the issue of bias is still present.

2 min read
Patent Drop

Ford’s Patent Tracks How Much Your Car is Polluting

Photo by Sven D on Unsplash.

The tech could help Ford – and those that buy Ford’s industrial fleet vehicles – cut their emissions by keeping a closer eye on them.

2 min read

Patent Drop

Google’s Watchful Doorbell Patent Highlight Tech Companies’ Interest in Surveillance

Photo by James Yarema on Unsplash

Google’s Nest doorbells might be joining the neighborhood watch. The patent signals that people are growing more comfortable being watched.

3 min read
Real Estate

Mortgage Rates Inch Toward 8% and Nobody’s Happy About it

(Photo by Scott Webb on Unsplash)

US mortgage rates have climbed past 7.5% — further tightening an increasingly impossible-to-crack housing market.

1 min read
Regulation

UK Sets Up Framework to Eventually Ban Cigarettes for All

(Photo by Lex Guerra on Unsplash)

Prime Minister Rishi Sunak announced on Wednesday that he plans to raise the legal smoking age by one year every year.

1 min read
Healthcare

Pharma Giants Combine Forces to Fight New M&A Rules

(Photo by Towfiqu Barbhuiya on Unsplash)

Some of pharma’s biggest players — including Merck, Amgen, Abbvie, and Gilead — formed an alliance to fight looming M&A reforms.

2 min read
OP-ED | Power Corridor

McCarthy Ousted, But What Has Been Solved?

Photo by Gage Skidmore under CC BY-SA 2.0

U.S. House of Representatives fires its Speaker, Kevin McCarthy, for the first time ever, the GOP infighting rages on.

2 min read
Power Corridor

How Much Did SBF’s Parents Know?

Photo by Cointelegraph under CC BY 3.0

Sam Bankman-Fried’s trial is shaping up to be one of the biggest show trials on Wall Street since Bernie Madoff. Did SBF’s parents know?

4 min read
OP-ED | Power Corridor

Wall Street’s Top Banks Fined $53 Million in Regulatory Spanking

Photo by Martin Ceralde on Unsplash

Wall Street’s Top Banks Fined – CFTC ordered Goldman to pay $30 million, JP Morgan $15 million, and Bank of America $8 million.

2 min read
Consumer

Macy’s is Pivoting From its Legacy of Anchoring Malls

(Photo by Vladan Raznatovic on Unsplash)

Macy’s is going less colosseum and more cozy in a cost-cutting shift away from large locations in malls and into small-format stores.

2 min read

Advisor Upside

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

Stalling Jobs Growth May Be Just What the Market Needs

Photo by Neal McNeil via iStock

2 min read
McDonald’s Chief Blasts Minimum Wage Loophole for Tipped Workers

Photo via IMAGO/Vernon Yuen/IMAGO/Nexpher Images/Newscom

2 min read
Alibaba Executes a Big Tech Pivot

Photo via Cfoto/ZUMAPRESS/Newscom

2 min read

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