The Daily Upside

Power Corridor

Surviving the Roller-Coaster Ride that Is the U.S. Economy

Photo by Itai Aarons on Unsplash

The U.S. Economy is taking Americans for a ride, interest rates hit a 23-year high at 8.34 percent on 30-year mortgages.

3 min read
OP-ED | Power Corridor

Multibillion-Dollar Trial Not Going So Well for Sam Bankman-Fried

SBF trial, Caroline Ellison

Star witness and Sam Bankman-Fried’s former girlfriend of Sam Bankman-Fried, Caroline Ellison, says he directed the crimes.

2 min read
Real Estate

It’s Not Just Commercial Landlords Fretting Over New High in Vacancies

(Photo by Jose Losada on Unsplash)

Office vacancy rates in major cities have risen to worrisome levels while investments into commercial real estate are in retreat.

2 min read
Geopolitics

China’s Subsidies Draw More International Wrath

(Photo by Yasin Hemmati on Unsplash)

The EU plans to launch an antitrust probe into China’s domestic subsidies for steelmakers, the Financial Times reported on Tuesday.

1 min read

International Economics

Ireland Is Launching a Sovereign Wealth Fund

(Photo by Aboodi Vesakaran on Unsplash)

On Tuesday, Ireland said it wants to leverage its corporate tax revenue from tech giants to create a sovereign wealth fund.

1 min read
International Economics

Oil Leaps, Shekel Falls After Israel Declares War

(Photo by Alex Simpson on Unsplash)

Crude oil prices jumped to $89 a barrel as Hamas’s attack on Israel drove concerns of wider conflict across the oil-rich Middle East.

2 min read
Artificial Intelligence

Google Launches Search Engine for Medical Records

(Photo by National Cancer Institute on Unsplash)

Google’s cloud division says it’s launching a new AI-powered tool designed to rifle through and compile patients’ medical records.

1 min read
Finance

Investment Funds Can’t Quit Climate Change

(Photo by Anders J on Unsplash)

Despite conservative disdain for ESG initiatives, one research project found climate change remains a chief concern for asset managers.

1 min read

Patent Drop

PayPal Looks to New Cybersecurity to Build Public Trust

Photo by Tech Daily on Unsplash

PayPal’s filing could signal that the company is trying to build the same public trust that traditional financial institutions have.

3 min read
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

Advisor Upside

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

Nelson Peltz Says $7B Take-Private Bid Would Let Janus Henderson ‘De-Risk’

Photo via Kris Tripplaar/Sipa USA/Newscom

2 min read
Keurig Dr Pepper’s Shares Fizz Amid Private Equity Cash Infusion

Photo via RICHARD B. LEVINE/Newscom

1 min read
Qualcomm Makes a Play for AI Chip Market Dominated by Nvidia, AMD

Photo via Pradeep Gaur/ZUMAPRESS/Newscom

2 min read

Sign Up for The Daily Upside to Unlock This Article

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