The Daily Upside

Indicators

Recession Increasingly Unlikely, WSJ Economist Survey Finds

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In The Wall Street Journal’s quarterly survey of economists respondents pegged the chance of a recession in the next year at just 48%.

2 min read
Patent Drop

Humane’s AI Pin Could Authenticate With Your Heartbeat

Photo by Rajat Bhardwaj under CC BY-SA 2.0

The filing provides a peek at Humane’s debut device ahead of its reveal in mid-November.

3 min read
Patent Drop

Google’s Tech Could Let AI Skip Training

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Google may have found a shortcut to develop chatbots. The tech could prove lucrative in helping enterprises integrate their own AI.

2 min read
Media & Entertainment

The Show’s Over: Is Hollywood Moving Past Peak-TV?

Photo by Samantha Borges via Unsplash

A scale back in production was inevitable to achieve positive cash flow. But can Hollywood’s streaming era survive with fewer new TV shows?

6 min read

OP-ED | Power Corridor

SBF’s Adventures in Wonderland

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Experts weigh in on how the crypto king, Sam Bankman-Fried, got lost in the casino.

6 min read
Consumer

Ikea Slashes Prices Amid Cooling Inflation

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On Thursday, Ikea announced that cooling inflation means it can finally return to its customer-friendly ways.

1 min read
Electric Vehicles

Chinese EV Suppliers Look to Tap US Market With a Little Help From Friends

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Chinese raw materials companies are cozying up with battery makers in Morocco and South Korea as a way of bypassing US restrictions.

2 min read
Patent Drop

Microsoft Fights Climate Change With Cryogenics

Photo by Salvatore De Lellis on Pexels

Microsoft wants to clean the atmosphere by freezing it. It highlights a big problem with carbon removal efforts: the ginormous price tag.

3 min read

Power Corridor

Goldin Wins Nobel Prize for Studies of Women in Workplace

Photo by Editing1088 under CC BY-SA 4.0

Harvard University labor economist and historian Claudia Goldin, 77, won the Nobel Prize in Economics women in the workforce.

1 min read
Energy

ExxonMobil Buys Pioneer in Massive $60 Billion Deal

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ExxonMobil announced it will purchase Pioneer Natural Resources for just under $60 billion, marking the largest oil-and-gas deal in decades.

2 min read
Big Tech

Amazon’s Prime Day Isn’t About Sales Anymore

(Photo by Erik Mclean on Pexels)

Amazon’s October Prime sales event wrapped up Tuesday, and this year saw a massive shift in consumer behavior.

1 min read
Patent Drop

Raytheon Adds AI to Cybersecurity Defense Lineup

Photo by Tima Miroshnichenko on Pexels

Raytheon wants AI to create its playbooks for responding to cybersecurity attacks. It could help keep up with sophisticated threats.

2 min read

Policy & Power

The War on Junk Fees Just Got Wider

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The FTC made a big splash on Wednesday with an announcement that it’s planning new rules to stamp out “junk fees.”

1 min read
Patent Drop

DeepMind Looks at Ways to Make AI Training Less of a Power Drain

Photo by George Gillams under CC BY-SA 2.0

Google’s AI arm wants to save energy when building its models – something needed to keep AI development on track.

3 min read
Power Corridor

Surviving the Roller-Coaster Ride that Is the U.S. Economy

Photo by Itai Aarons on Unsplash

The U.S. Economy is taking Americans for a ride, interest rates hit a 23-year high at 8.34 percent on 30-year mortgages.

3 min read
OP-ED | Power Corridor

Multibillion-Dollar Trial Not Going So Well for Sam Bankman-Fried

SBF trial, Caroline Ellison

Star witness and Sam Bankman-Fried’s former girlfriend of Sam Bankman-Fried, Caroline Ellison, says he directed the crimes.

2 min read
Real Estate

It’s Not Just Commercial Landlords Fretting Over New High in Vacancies

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Office vacancy rates in major cities have risen to worrisome levels while investments into commercial real estate are in retreat.

2 min read
Geopolitics

China’s Subsidies Draw More International Wrath

(Photo by Yasin Hemmati on Unsplash)

The EU plans to launch an antitrust probe into China’s domestic subsidies for steelmakers, the Financial Times reported on Tuesday.

1 min read
International Economics

Ireland Is Launching a Sovereign Wealth Fund

(Photo by Aboodi Vesakaran on Unsplash)

On Tuesday, Ireland said it wants to leverage its corporate tax revenue from tech giants to create a sovereign wealth fund.

1 min read
International Economics

Oil Leaps, Shekel Falls After Israel Declares War

(Photo by Alex Simpson on Unsplash)

Crude oil prices jumped to $89 a barrel as Hamas’s attack on Israel drove concerns of wider conflict across the oil-rich Middle East.

2 min read

Advisor Upside

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

Will Wall Street Stomach Oracle’s Costly AI Transformation?

Photo via Scott Coleman/ZUMAPRESS/Newscom

2 min read
ETF Issuers Are Running Their Own SpaceX Race Ahead of Blockbuster IPO

Photo by ün LIU via Unsplash

2 min read
Why Stocks Keep Shrugging Off Wars, and One Robert Kaplan Says They Can’t

Photo by Filip Andrejevic via Unsplash

2 min read

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