The Daily Upside

Economics

IMF Downgrades US Growth Projection, US Retail Sales Prove Resilient

Photo by Charles Deluvio via Unsplash

The International Monetary Fund said the US economy is set to cool compared to previous projections, and that it’s piling up debt.

1 min read
Artificial Intelligence

Europe is Hot on AI Regulation, Less So on Startup Policy

Photo by European Parliament via CC BY 2.0

The EU’s landmark AI Act is due to come into force next month, and founders and lawmakers are fretting over whether it’s fit for its purpose.

2 min read
Consumer

Macy’s Says No to Private Equity Buyout. Now What?

Photo by Anthony Quintano via CC BY 2.0

The board of directors for Macy’s unanimously voted to end negotiations with Arkhouse and Brigade to take the company private.

1 min read
M&A

Cleveland-Cliffs to Buy Canadian Steelmaker for $2.8 Billion

Photo by Ant Rozetsky via Unsplash

Steel giant Cleveland-Cliffs announced Monday that it will buy Canada’s Stelco Holdings for C$3.85 billion ($2.8 billion).

1 min read

Advisor Upside

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

‘Bucket List’ Vacations Give Way to Budget-Friendlier Trips amid Sky-High Fuel Prices

Photo illustration by Connor Lin / The Daily Upside

4 min read
Most 401(k) Holders Don’t Seek Help from Plan Advisors (But They Want It)

Photo by Getty Images via Unsplash

1 min read
How TIPS Bridges Can Maximize Social Security Benefits

Photo by Chad Peltola via Unsplash

2 min read

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