The Daily Upside

Geopolitics

Ukrainian Grain Shipments Are Insurable Again

(Photo by George Chernilevsky under CC BY-SA 4.0)

The Ukrainian government struck a deal with insurers on Wednesday to provide affordable insurance to ships carrying grain out of the country.

1 min read
Patent Drop

Apple Wants to Track Your Eyes Without Draining Power

Photo by Chris Nagahama on Unsplash.

The company filed a patent for tech that tracks the light reflecting off a user’s eye to initiate certain actions.

2 min read
Indicators

US Retail Sales Dip in October, But It Could’ve Been Worse

(Photo by Magda Ehlers on Pexels)

According to the US Commerce Department released Wednesday, retail sales dipped slightly month-over-month in October, falling just 0.1%.

2 min read
Technology

Ford May Add AR to Your Windshield

Photo by Rutger van der Maar under CC BY 2.0

The patent shows that Ford may be going after Tesla’s turf for in-car features.

2 min read

Power Corridor

What’s Afoot At the FDIC?

Photo by the Center for American Progress Action Fund under CC BY-ND 2.0

It’s not every day that you wake up to headlines about one of the nation’s most staid-and-storied institutions – really, the cornerstone upon…

4 min read
OP-ED | Power Corridor

Biden-Xi: An Elaborately Choreographed Thaw

Photo by the Executive Office of the President of the United States under Public Domain

With so much amiss between the U.S. and China (the pandemic, the “balloon incident,” China’s opposing views on the Ukraine-Russia and Israel-Gaza…

2 min read
Power Corridor

House’s Two-Step Shuffle

Alabama Republican Rep. Mike Johnson, in the first big test of his leadership as House Speaker, led the charge to push through an extremely unique…

1 min read
Policy & Power

The Cost of Climate Change Is Adding Up

(Photo by Matt Palmer on Unsplash)

The annual US National Climate Assessment included an economic impact assessment for the first time, and it’s not pretty.

1 min read

Technology

The Former ‘Russian Google’ Wants Out of Russia

(Photo by Michael Parulava on Unsplash)

Yandex, once Russia’s largest tech company, is looking to sell all of its Russian assets, Reuters and Bloomberg reported on Monday.

2 min read
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

(Photo by Pixabay on Pexels)

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

Advisor Upside

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

Crypto on Track for M&A Record With Coinbase’s $2.9B Derebit Takeover

Brian Armstrong, CEO of Coinbase. Photo by TechCrunch via CC BY 2.0.

2 min read
Lab-Grown Diamonds? Turns Out They’re Not De Beers’ Best Friend

Photo by Tupungato via iStock

2 min read
UK-US Strike Trade Deal Affirming ‘Special Relationship’

UK Prime Minister Keir Starmer. Photo by Simon Dawson / No 10 Downing Street via CC BY 2.0.

2 min read

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