The Daily Upside

Power Corridor

The Great Housing Crisis

Photo by Tom Rumble on Unsplash

As housing prices reach record highs nationwide – against quite a few forecasts at the start of the year – buying a home is now completely unaffordable in most parts of the country for the average American.

3 min read
Big Tech

Amazon May Boost Quantum Power for AWS

Photo by Tony Webster under CC BY 2.0

Though quantum computing is far from an everyday reality, the possibilities it offers are powerful. Amazon may want in on the ground floor.

3 min read
Technology

Lloyd’s of London Warns of Worst-Case-Scenario Cyberattack

(Photo by Markus Spiske on Unsplash)

According to a Lloyd’s study published Wednesday, a cyberattack on global payments systems could cause $3.5 trillion of economic damage.

1 min read
Patent Drop

Intel Looks at AI Tuning to Bolster Software Offerings

Photo by smoothgroover22 under CC BY-SA 2.0

Intel is far behind in the AI race. Taking on chip giant Nvidia would require Intel to build a development ecosystem at a better price.

2 min read

Geopolitics

Xi Celebrates Belt and Road Initiative with Putin as the West Tunes Out

(Photo by Kremlin.ru under CC BY 4.0)

Chinese President Xi Jinping held a summit this week in Beijing touting his signature diplomatic initiative: the Belt and Road Initiative.

1 min read
Media & Entertainment

NBA Gears Up For Major Media Contract Negotiations

(Photo by Marius Christensen on Unsplash)

The National Basketball Association is on a full-court press to secure its next round of broadcast rights.

2 min read
Patent Drop

Apple’s Digital Car Key Patent Hints at Additions to the Walled Garden

Photo by smoothgroover22 under CC BY-SA 2.0

Apple never wants you to lose your keys again. The company filed two patents for digital car key pairing.

3 min read
OP-ED | Power Corridor

A War of Words Erupts Between Milley and Trump Over China

Photo via U.S. Secretary of Defense under CC BY 2.0

The release of “Peril” led to an extended war of words between U.S. Army General Mark Milley and former U.S. president Donald Trump.

3 min read

OP-ED | Power Corridor

Israel-Hamas Conflict Challenges Global Power Balance

Photo by Palestinian News & Information Agency (Wafa) in contract with APAimages under CC BY-SA 3.0

Why war may be a windfall for America’s major political rivals.

2 min read
OP-ED | Power Corridor

The Fatalist U.S Consumer

Photo by Kleomenis Spyroglou on Unsplash

Americans are going to shop until they drop – Inflation and interest rates are up, the labor market is cooling, the pumpkins are out and the Halloween Federal Reserve meeting is nigh.

1 min read
Banking

Goldman Sachs Sees Profits Plummets Amid Consumer Pivot

(Photo by Connor Lin/The Daily Upside)

Goldman Sachs saw its profits slump 33% in its latest quarter, as the bank continues retreating from the consumer banking sector.

2 min read
Policy & Power

Mexico Reviving Transcoastal Railway to Capitalize on Dry Panama Canal

(Photo by Gift Habeshaw on Unsplash)

The renovated line would span Mexico’s two coasts, providing a new artery through which international freight can flow.

1 min read

Industries

Choice Hotels Puts an $8 Billion Merger Squeeze on Wyndham

(Photo by Tony Webster under CC BY-SA 2.0)

Choice Hotels International went public on Tuesday with a nearly $8 billion hostile bid to acquire Wyndham Hotels and Resorts.

1 min read
Personal Finance

Hiring Slowdowns Have MBA Grads Scrambling for a Plan B

(Photo Credit: Joshue Hoehne/Unsplash)

With economic uncertainty looming over the finance industry, a handful of the most popular firms have cut back their MBA hiring efforts.

2 min read
Social Media

Twitter Seeks Out Political Advertisers

The Wall Street Journal reported Monday that Twitter (or X, pick your poison) is aggressively courting political ads on its platform.

2 min read
Healthcare

Corporate America is Fretting the Rising Costs of Employee Healthcare

(Photo credit: CDC/Unsplash)

Health insurance costs are expected to surge by as much as 6.5% next year, according to a recent survey from consulting firm Mercer.

1 min read
Patent Drop

Meta Patents Aim to Read Brain and Body signals

Photo by Eren Li on Pexels

Meta’s patents highlight a recent consumer tech trend: Tech firms are testing the boundaries of just how close they can get to users.

3 min read
Finance

Carl Icahn’s Big Bet Against Shopping Malls Hasn’t Exactly Worked Out

(Photo Credit: Viktor Bystrov/Unsplash)

Wall Street legend Carl Icahn bet big and — so far — has lost big on a wager against US shopping malls by way of a risky derivative strategy.

2 min read
Electric Vehicles

EV Makers Still Waiting for Their Cars To Be the Next Big Thing

(Photo Credit: Andrew Roberts/Unsplash)

People are buying EVs, just not at the hyper-pace most automakers were hoping would be here by now, The Wall Street Journal reported.

1 min read
Indicators

Recession Increasingly Unlikely, WSJ Economist Survey Finds

(Photo by m. on Unsplash)

In The Wall Street Journal’s quarterly survey of economists respondents pegged the chance of a recession in the next year at just 48%.

2 min read

Advisor Upside

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

Enterprises Grapple With Pros, Cons (and Costs) of Cloud-First Strategy

Photo by Planet Volumes via Unsplash

4 min read
Fiserv Loses Nearly Half Its Market Cap After ‘Abysmal’ Quarter

Photo by hapabapa via iStock

2 min read
Amazon Job Cuts Broaden Big Tech’s Layoff Barrage

Photo via CentralITAlliance

2 min read

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