The Daily Upside

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
Patent Drop

Ford’s Patent Tracks How Much Your Car is Polluting

Photo by Sven D on Unsplash.

The tech could help Ford – and those that buy Ford’s industrial fleet vehicles – cut their emissions by keeping a closer eye on them.

2 min read
Patent Drop

Google’s Watchful Doorbell Patent Highlight Tech Companies’ Interest in Surveillance

Photo by James Yarema on Unsplash

Google’s Nest doorbells might be joining the neighborhood watch. The patent signals that people are growing more comfortable being watched.

3 min read
Real Estate

Mortgage Rates Inch Toward 8% and Nobody’s Happy About it

(Photo by Scott Webb on Unsplash)

US mortgage rates have climbed past 7.5% — further tightening an increasingly impossible-to-crack housing market.

1 min read

Regulation

UK Sets Up Framework to Eventually Ban Cigarettes for All

(Photo by Lex Guerra on Unsplash)

Prime Minister Rishi Sunak announced on Wednesday that he plans to raise the legal smoking age by one year every year.

1 min read
Healthcare

Pharma Giants Combine Forces to Fight New M&A Rules

(Photo by Towfiqu Barbhuiya on Unsplash)

Some of pharma’s biggest players — including Merck, Amgen, Abbvie, and Gilead — formed an alliance to fight looming M&A reforms.

2 min read
OP-ED | Power Corridor

McCarthy Ousted, But What Has Been Solved?

Photo by Gage Skidmore under CC BY-SA 2.0

U.S. House of Representatives fires its Speaker, Kevin McCarthy, for the first time ever, the GOP infighting rages on.

2 min read
Power Corridor

How Much Did SBF’s Parents Know?

Photo by Cointelegraph under CC BY 3.0

Sam Bankman-Fried’s trial is shaping up to be one of the biggest show trials on Wall Street since Bernie Madoff. Did SBF’s parents know?

4 min read

OP-ED | Power Corridor

Wall Street’s Top Banks Fined $53 Million in Regulatory Spanking

Photo by Martin Ceralde on Unsplash

Wall Street’s Top Banks Fined – CFTC ordered Goldman to pay $30 million, JP Morgan $15 million, and Bank of America $8 million.

2 min read
Consumer

Macy’s is Pivoting From its Legacy of Anchoring Malls

(Photo by Vladan Raznatovic on Unsplash)

Macy’s is going less colosseum and more cozy in a cost-cutting shift away from large locations in malls and into small-format stores.

2 min read
Industrials

Blue Origin Grounds Commercial Space Station Plans

(Photo by Blue Origin)

Blue Origin is expected to back out of plans to build a commercial space station in conjunction with corporate partners.

1 min read
Big Tech

Meta Plans an Ad-Free Subscription Service in the EU

(Photo by Souvik Banerjee on Unsplash)

Meta is rolling out subscription versions of Instagram and Facebook in Europe that won’t feature targeted ads.

2 min read
Electric Vehicles

Rivian Finally Sees Sales Increase, But Not Nearly Fast Enough

(Photo by Wes Hicks on Unsplash)

On Monday, Rivian announced an expectations-beating jump in deliveries for its third quarter. But a new report says it’s still losing money.

2 min read
Industries

Airbnb’s CEO Wants a Customer Do-Over

(Photo by Andrea Davis on Unsplash)

In an interview with Bloomberg, CEO Brian Chesky laid out how Airbnb has been rocked by user dissatisfaction and tighter regulation.

1 min read
Patent Drop

Apple’s Headset Could Incorporate “Real-Time Social Intelligence”

Photo by Steve Zhang under CC BY-SA 4.0

Apple’s latest filing emphasizes the comfort users have with the company’s consistently-monitoring devices.

3 min read
Industries

Welcome to Oktoberfest, Where Recessions Don’t Exist

(Photo Credit: Louis Hansel/Unsplash)

Despite widespread monetary rain clouds pushing up the cost of beer and food, drinkers are showing up in record numbers to Oktoberfest.

1 min read

Advisor Upside

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

BlackRock Expands Its Bond-Ladder ETFs

Photo by Getty Images via Unsplash

2 min read
Why ETF Assets Are Growing Faster Than Experts Predicted

Photo by Casey Horner via Unsplash

2 min read
Biotech Bill Bundled in Pentagon Spending Plan May Worsen Pharma’s Patent Cliff Dilemma

Photo via Graeme Sloan/Sipa USA/Newscom

2 min read

Sign Up for The Daily Upside to Unlock This Article

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