The Daily Upside

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

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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
Patent Drop

Adobe May Add Face Swapping Tools to its AI Arsenal

Photo by Onur Binay on Unsplash.

The company’s latest patent could have implications for training image generating AI without the copyright issues.

2 min read

Patent Drop

Microsoft’s Automatic Data Center Patent Could Take on AWS

Photo by Brett Sayles on Pexels

Microsoft’s patent to sublet data centers close to the source could surpass the physical barriers that cloud innovation faces.

3 min read
Blockchain

Former FTX Execs Hope You Forget Their Old Employer

(Photo Credit: Traxer/Unsplash)

A group of former FTX employees, who were key witnesses in Sam Bankman-Fried’s fraud trial, are planning to launch a new crypto exchange.

1 min read
Inflation & Prices

Low-Wage Workers Are Losing Their Leverage

(Photo Credit: Dan Burton/Unsplash)

Thanks to high demand for low-paying jobs in recent years, workers had plenty of leverage for bigger salaries and better perks.

2 min read
Big Tech

Tech Giants Win Regulatory Case in EU, But Tax Clouds Loom

(Photo by Chris Nagahama on Unsplash)

Meta, Google, and TikTok successfully argued that individual European countries can’t cook up their own laws for large digital platforms.

1 min read

Media & Entertainment

AMC Swung to a Profit, Still Needs More Cash

(Photo by Donreál Lunkin on Unsplash)

AMC, the world’s largest movie theater chain, said Thursday that it filed to offer up to $350 million of stock.

1 min read
International Economics

Japan’s Central Bank Has an Unusual Foe: Inflation

(Photo by Jezael Melgoza on Unsplash)

After decades of trying — and failing — to stoke inflation, Japan has finally been gifted steadily rising prices.

2 min read
Patent Drop

Apple Could Use Generative AI to Visualize Your Feelings

Photo by Blocks Fletcher on Unsplash

The tech further adds to the company’s reported investment in generative AI, and shows that it wants to build up its health tech even further.

3 min read
Industrials

American Airlines Is Trying to Poach All the Industry’s Pilots

(Photo by Ross Sokolovski on Unsplash)

To combat a crippling pilot shortage, PSA Airlines is dangling bonus packages worth $250,000 to lure pilots.

1 min read
Healthcare

Amazon Offers Prime Members a Discount For its Posh Healthcare Service

(Photo by Impuls Q on Unsplash)

Amazon said Wednesday it plans to offer Prime subscribers low-cost annual memberships to its boutique One Medical primary care business.

1 min read
Patent Drop

Intel’s Attention-Tracking Patent Could Be a Privacy Problem

Photo by Jordan Harrison on Pexels

While Intel pitches this as a way to save power, it could have greater privacy implications depending on what it tracks.

2 min read
Media & Entertainment

Disney, Warner Bros. Keep White-Knuckling the Linear TV Churn

(Photo by Chase Yi on Unsplash)

It’s still a tumultuous time to be a major media conglomerate, Disney and Warner Bros. Discovery’s earnings reports’ show.

2 min read
Patent Drop

Nvidia’s Two-Model System Could Make AI Less of a Power Drain

Photo by Nvidia Media Assets

The company is seeking to patent a system which uses a general purpose AI model to create training data for a task-specific one.

2 min read

Advisor Upside

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

Schwab Scraps its Premium Robo Advisor Platform

Photo by Mike Mozart via CC BY 2.0

2 min read
Are Model Portfolios Key to Alt Adoption?

Photo by Wirestock via iStock

1 min read
Heating Prices Surge as Utility Bills Grow Faster Than Paychecks

Photo via Alexey Stiop/Newscom

1 min read

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