The Daily Upside

Healthcare

CRISPR Gene Therapy Gets First-Ever Regulatory OK

(Photo by Nguyễn Hiệp on Unsplash)

Casgevy, a CRISPR gene-editing therapy, has been authorized by UK authorities to treat people with two blood diseases..

2 min read
Banking

Wells Fargo Gets Called Out for Lax Crime Prevention

(Photo by Griffin Wooldridge on Unsplash)

Watchdogs have been badgering Wells Fargo about its lackadaisical approach to monitoring and preventing financial crimes.

2 min read
Patent Drop

Google Wants to Clean Up its Data to Train AI Safely

Photo by Greg Bulla on Unsplash

Avoiding data security slip-ups involving its AI tools is vital in keeping its strong position in the market.

2 min read
Media & Entertainment

Formula One Fizzles Ahead of Big Vegas Event

(Photo by Chris Peeters on Pexels)

There aren’t a lot of people willing to drive or fly to Las Vegas to watch Formula 1 racers drive to survive.

1 min read

Geopolitics

Ukrainian Grain Shipments Are Insurable Again

(Photo by George Chernilevsky under CC BY-SA 4.0)

The Ukrainian government struck a deal with insurers on Wednesday to provide affordable insurance to ships carrying grain out of the country.

1 min read
Patent Drop

Apple Wants to Track Your Eyes Without Draining Power

Photo by Chris Nagahama on Unsplash.

The company filed a patent for tech that tracks the light reflecting off a user’s eye to initiate certain actions.

2 min read
Indicators

US Retail Sales Dip in October, But It Could’ve Been Worse

(Photo by Magda Ehlers on Pexels)

According to the US Commerce Department released Wednesday, retail sales dipped slightly month-over-month in October, falling just 0.1%.

2 min read
Technology

Ford May Add AR to Your Windshield

Photo by Rutger van der Maar under CC BY 2.0

The patent shows that Ford may be going after Tesla’s turf for in-car features.

2 min read

Power Corridor

What’s Afoot At the FDIC?

Photo by the Center for American Progress Action Fund under CC BY-ND 2.0

It’s not every day that you wake up to headlines about one of the nation’s most staid-and-storied institutions – really, the cornerstone upon which the entire U.S. banking system rests in order to remain stable – engaging in the sexual…

4 min read
OP-ED | Power Corridor

Biden-Xi: An Elaborately Choreographed Thaw

Photo by the Executive Office of the President of the United States under Public Domain

With so much amiss between the U.S. and China (the pandemic, the “balloon incident,” China’s opposing views on the Ukraine-Russia and Israel-Gaza wars, and America’s containment of tech exports to China), expectations may be so lowly rated…

2 min read
Power Corridor

House’s Two-Step Shuffle

Alabama Republican Rep. Mike Johnson, in the first big test of his leadership as House Speaker, led the charge to push through an extremely unique two-step plan this week to prevent a government shutdown.

1 min read
Policy & Power

The Cost of Climate Change Is Adding Up

(Photo by Matt Palmer on Unsplash)

The annual US National Climate Assessment included an economic impact assessment for the first time, and it’s not pretty.

1 min read

Technology

The Former ‘Russian Google’ Wants Out of Russia

(Photo by Michael Parulava on Unsplash)

Yandex, once Russia’s largest tech company, is looking to sell all of its Russian assets, Reuters and Bloomberg reported on Monday.

2 min read
Economics

Small Businesses Stall Amid Higher-for-Longer Interest Rates

(Photo by Blake Wisz on Unsplash)

In a Goldman Sachs survey of more than 1,200 small businesses, 53% said they can’t afford to take out loans at their current rates.

1 min read
Regulation

UK Follows EU’s Lead With Its Own Carbon-Tax Plan

(Photo by Pixabay on Pexels)

The UK plans to press ahead with a carbon border adjustment mechanism, or levies on goods from countries with weaker climate regulations.

1 min read
Energy

Exxon Plans Expansion Into Lithium Production

(Photo by Justin on Unsplash)

Exxon announced plans to enter the lithium production game in 2027, effectively elbowing its way into the electric vehicle supply chain.

2 min read
Artificial Intelligence

AI Bots Struggle to Transition from Novelty to Money-Maker

Photo by TechCrunch under CC BY 2.0

Sam Altman thinks big and spends big. But when it comes to a product that makes money, the whole AI thing can feel a little Metaverse-y…

2 min read
Industries

The Brain Tech Business Keeps Getting Buzzier

Photo by Steve Jurvetson via CC BY 2.0

The neural interface market is full of startups vying to put technology into the human brain, but which will actually make brains a business?

5 min read
Patent Drop

JPMorgan Chase Fuels AI Ambitions With New Patent

Photo by Precious Madubuike on Unsplash

JPMorgan Chase wants to be the finance industry’s AI frontrunner, filing patent after patent to secure its AI tech portfolio.

3 min read
Banking

Banking’s Fantastic Four Grab a Bigger Share of Industry Profits

(Photo by Kenny Eliason on Unsplash)

Of the roughly 4,400 operating banks in the US, nearly half of all banking profits in the third quarter came from just four.

2 min read

Advisor Upside

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

Thawing Housing Market Not Yet Liquid Enough to Jump-Start Sales

Photo illustration by Connor Lin / The Daily Upside, Photos by AltoClassic via iStock and Freepik

4 min read
Worried About Record Stock Market Concentration? Us, Too

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

4 min read
Eli Lilly’s Sterling Results Highlight Rival Novo Nordisk’s Fading Fortunes

Photo by Douglas Cliff via iStock

2 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.