The Daily Upside

Indicators

As Job Market Cools, Small Businesses Scramble for Employees

Photo by Tim Mossholder via Unsplash

As the country’s largest companies have begun slowing down hiring, small businesses are hanging up “Help Wanted” signs at a record pace.

2 min read
Patent Drop

Microsoft May Check Your Mental Health Using AI

Photo by Windows via Unsplash

Microsoft’s patent for a computerized wellness check walks a fine line between privacy and convenience.

2 min read
Inflation & Prices

Deflation Begins to Hit Durable Goods

Photo by Federal Reserve Board of Governors under Public Domain Mark 1.0

Slowing inflation usually means prices are rising, just not as fast as before. But now there is actual deflation.

2 min read
Patent Drop

Intel Goes After Responsible AI with Ethics Index Patent

Photo via Intel Corporation

Intel’s ethics index aims to call out when people are using AI for the wrong reasons.

3 min read

Media & Entertainment

Rock Band Kiss Plans to Join the Avatar Concert Trend

(Photo Credit: Nainoa Shizuru/Unsplash)

After 50 years of performing, world-renowned shock rock group Kiss just played its final show, but the members say the show will go on.

1 min read
Real Estate

HOA Fees Are Adding to the Housing Affordability Problem

Photo by Dillon Kydd via Unsplash

Prospective homebuyers face limited supply, historically high mortgage rates, plus increasingly high homeowners association fees.

2 min read
Big Tech

Meta Files Lawsuit Arguing FTC’s In-House Courts are Unconstitutional

Photo by Julio Lopez via Unsplash

Meta on Thursday filed a lawsuit against the Federal Trade Commission arguing its in-house trials are unconstitutional.

2 min read
Advisor Upside

Billionaires Inherit More Wealth Than They Make

(Photo by Quan Nguyen via Unsplash)

Newly minted billionaires got more of their money from inheritance than, well, making money, according to UBS.

1 min read

Patent Drop

Google May Use Drones to Keep Data Centers Healthy

Photo by Josh Sorenson via Unsplash

Google’s filing emphasizes the importance of continuity of services among cloud providers.

2 min read
Patent Drop

Ford Patent Seeks to Keep EV Batteries Running

Photo by James Penner via Unsplash

Given that EV batteries are a hot commodity, the tech could help cut costs for fleet operators.

2 min read
Patent Drop

Amazon is Narrowing the Gap in the AI Race

Photo by Web Summit via CC BY 2.0

The company filed a patent for a way to make AI models easily using pre-built machine learning models.

3 min read
Healthcare

Cigna, Humana Eyeing a Merger

Photo via Connor Lin / The Daily Upside

In a bid to scale up against larger rivals, health insurance players Cigna and Humana are reportedly in talks over a possible merger.

1 min read

Artificial Intelligence

Stability AI Is Reportedly Shopping Around for a Buyer

(Photo by UK Government via CC BY 2.0)

Stability AI, the startup behind AI-powered image-generator Stable Diffusion, is reportedly shopping itself to potential acquirers.

2 min read
Autos

GM Sets Out to Soothe Shareholders with Spending Cuts, Dividend Boost

(Photo by Brad Killen via Unsplash)

America’s largest auto manufacturer is trying to regain Wall Street’s favor with buybacks and spending cuts on less promising projects.

2 min read
OP-ED | Power Corridor

Why Wall Street Is Betting On Nikki Haley

Photo by Gage Skidmore under CC BY-SA 2.0

She can beat Biden, but first she has to neutralize Trump.

4 min read
Power Corridor

Risk On…Despite Everything?

Interest rates and risk appetite to set the table for 2024…

2 min read
OP-ED | Power Corridor

U.S. Holiday Spending Smashes Records, But Cash Crunch Seen Ahead

Photo by Burst on Pexels

Signs are mounting that consumers are finally feeling the pinch.

1 min read
Banking

Barclays Wants to Ditch Thousands of its Clients

Photo by Tdorante10 via CC BY-SA 4.0

Barclays is considering a Marie Kondo approach to its investment banking business, potentially dropping thousands of clients.

2 min read
Industrials

Virgin Atlantic Logs First Transatlantic Flight on 100% ‘Sustainable’ Jet Fuel

(Photo by Bill Abbott via CC BY-SA 2.0)

On Tuesday, Virgin Atlantic conducted the first transatlantic flight by a commercial airliner fully powered by sustainable aviation fuel.

1 min read
Big Tech

Meta’s Paid Ad-Free Plan Gets Hit With Privacy Lawsuit

Photo by Anthony Quintano via CC BY 2.0

Mark Zuckerberg’s newest nemesis, Max Schrems, says Meta’s new pay-for-privacy subscription doesn’t comply with EU laws.

2 min read

Advisor Upside

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

AI Drug Designer Isomorphic Details Lofty Plans for $2.1B in New Funding

Photo via Stephane Lemouton/SIPA/Newscom

1 min read
World’s First Catastrophe Bond ETF Braces for Hurricane Season

Photo by Dannel Malloy via CC BY 2.0

2 min read
Fidelity to Tack Service Fees on 100 More ETFs. Boutique Issuers May Be Hit Hardest

Photo by Sundry Photography via iStock

2 min read

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