The Daily Upside

Why This Year’s Black Friday Matters

It’s official: 2023 has been the year of the American consumer. The propensity for Americans to spend as though they have bottomless bank accounts has bolstered U.S. gross domestic product (GDP) growth all year and catapulted the nation back on…

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‘If You’re So Smart, Why Aren’t You Rich?’

It sounds like something a gunslinging, billionaire hedge fund manager might say. And it is. Ray Dalio, founder of the highly secretive, $100 billion hedge fund Bridgewater Associates, is still in damage-control mode following the release of a book…

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OpenAI: It’s Complicated

Photo by TechCrunch under CC BY 2.0

The first large-scale rebellion among artificial intelligence workers raises some serious questions.

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The Comeuppance of (Another) Crypto Kingpin

Binance agrees to pay one of the biggest corporate fines in U.S. history. Changpeng Zhao is the founder and chief executive officer of Binance, the largest cryptocurrency exchange in the world.

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Northvolt Develops New Lithium-Free Battery To Rival Precious Earth Metal Ones

(Photo by Jannis Lucas on Unsplash)

Swedish battery-maker Northvolt announced proudly on Tuesday that it had developed a new kind of sodium-ion battery.

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Germany Freezes Public Spending After Court Ruling

(Photo by European Union 2023 EP under CC BY 4.0)

Berlin has imposed a freeze on virtually all new federal spending commitments for the rest of the year, or the next 40 days.

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Private Jets Belonging to Celebs and Execs Rack Up Years In Flight Time

(Photo by Yaroslav Muzychenko on Unsplash)

Private jets belonging to a group of just 200 celebrities and executives have racked up 11 years’ worth of flight time since 2022.

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Crypto Exchange Bullish Buys Crypto News Site CoinDesk

(Photo by Kanchanara on Unsplash)

CoinDesk was acquired in an all-cash deal by Bullish, a crypto exchange run by former NYSE president Tom Farley.

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McDonald’s Buys Back a Piece of Its China Business

(Photo by Declan Sun on Unsplash)

McDonald’s bought out the 28% stake of its Chinese business owned by private equity giant Carlyle Group, just as it plans an expansion there.

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Wells Fargo Branches Join America’s Union Push

Photo by Ernie Journeys via Unsplash

Workers at two Wells Fargo locations launched efforts to unionize this week, marking a rare unionization effort in the banking world.

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Special Report: How Big Tech Makes You Buy

Photo by Thirdman on Pexels

As the holiday season approaches, consumers and tech companies alike have shopping on the brain.

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Airlines Prepare for Record Thanksgiving Travel

(Photo by Josh Sorenson)

The Transportation Security Administration is expecting to screen 30 million passengers between this past Sunday and November 28.

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ESG Funds Shrink for the First Time Ever

(Photo by Harry Cunningham on Pexels)

This year’s third quarter marked the first time that more sustainable funds either liquidated or shed their ESG criteria than were added.

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From the Experts: When AI meets Online Shopping

Photo by rupixen.com on Unsplash.

How AI is impacting the world of e-commerce and digital advertising, and what it means for user privacy.

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Meta Stamps Out its Responsible AI Team

(Photo by Anthony Quintano under CC BY 2.0)

Meta has disbanded a team in charge of making sure the company developed AI in an ethical way, according to The Information.

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Artificial Intelligence Is the New Gold Rush

Artificial Intelligence Is the New Gold Rush

How the race for profits could overtake the need to weigh human risks.

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Hyundai Says it Will Start Selling on Amazon

(Photo by Erik Mclean on Pexels)

Hyundai will sell its cars directly on Amazon, marking the first major auto brand to list on the massive e-commerce platform.

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CRISPR Gene Therapy Gets First-Ever Regulatory OK

(Photo by Nguyễn Hiệp on Unsplash)

Casgevy, a CRISPR gene-editing therapy, has been authorized by UK authorities to treat people with two blood diseases..

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Wells Fargo Gets Called Out for Lax Crime Prevention

(Photo by Griffin Wooldridge on Unsplash)

Watchdogs have been badgering Wells Fargo about its lackadaisical approach to monitoring and preventing financial crimes.

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Google Wants to Clean Up its Data to Train AI Safely

Photo by Greg Bulla on Unsplash

Avoiding data security slip-ups involving its AI tools is vital in keeping its strong position in the market.

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Advisor Upside

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

Can ‘Terror Management Theory’ Explain Inheritance Spending?

Photo by Yunus Tuğ via Unsplash

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Meet the BlackRock ETF Taking Aim at Invesco’s QQQ

Photo via Erik McGregor/Sipa USA/Newscom

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Neurocrine Scoops Up Hunger-Drug Maker in Latest Multi-Billion-Dollar Pharma Deal

Photo via Andre M. Chang/ZUMAPRESS/Newscom

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