California

Advisor Upside

Creative Planning’s Peter Mallouk on Record Stores and Capitalism

Photo by Sean Benesh via Unsplash

Peter Mallouk experienced digital disruption firsthand in his career. Tech advancements will continue to upend the RIA industry as well.

2 min read
Personal Finance

US Home Insurers Hit with Worst Underwriting Loss of the Century

Photo by John Middelkoop via Unsplash

The US homeowners insurance segment took a $15.2 billion net underwriting loss last year, the worst loss this century.

1 min read
Industries

The Future is Almost Now for Flying Cars and eVTOLs

Photo illustration by Connor Lin / The Daily Upside, Photo via Lilium Media

Hundreds of aviation startups are funneling billions of dollars toward what they hope will be a new form of low-emission air travel.

6 min read
Consumer

Uber Takes a U-Turn Back to Unprofitability

Photo by Ilya Plekhanov via CC BY-SA 4.0

A $721 million loss from equity investments in other companies pulled the entire company down to an overall loss of $654 million.

1 min read
Electric Vehicles

EV Big Rigs Are Getting Too Expensive for Trucking Customers

Photo by Atomic Taco via CC BY-SA 2.0

EVs cost double to operate, can travel half as far, and require recharging, which isn’t ideal for an industry operating on thin margins.

2 min read
Consumer

McDonald’s May Have to Tap Out on Raising Prices

Photo by Lucas van Oort via Unsplash

First-quarter revenue rose, but global same-store sales grew just 1.9%, slightly below what Wall Street had predicted.

1 min read
Autos

A Mercedes With Autonomous Driving Just Hit the US Market

Photo by Manuel Pappacena via Unsplash

Cars with Drive Pilot are only available for sale in California and Nevada, and even there it only works on certain freeways.

1 min read
Markets

US Home Insurance May Reach Record High

Photo by Wes Warren via Unsplash

Amid an increase in severe weather events, homeowners insurance rates in the US are skyrocketing toward record highs.

2 min read
Consumer

Can Rideshare Giant Uber Sustain its Recent Success?

Photo illustration by Connor Lin / The Daily Upside

Uber, finally having achieved sustainable levels of market dominance, may just be facing its biggest roadblocks yet.

5 min read
Autos

GM Expands Hands-Free Driving Range as Industry Recalls Persist

Photo by Maxx@night via CC BY 2.0

The company’s Cruise now has double the road for autonomous driving, but many consumers continue to have safety concerns.

2 min read
Inflation & Prices

Investors Are Buying Up a Bigger Share of Cheap Homes

Photo by Jonathan Cooper via Unsplash

More than a quarter of all US home sales were bought by investors in the last quarter, a new all-time high.

2 min read
Patent Drop

Ford Balances Charging Demand to Get More EVs on the Road

Photo via U.S. Patent and Trademark Office

The lack of charging infrastructure in the US has hurt consumer sentiment towards EVs. Ford may be looking at ways to fix it.

3 min read
Economics

Small Town America is Paying for New Residents

Photo illustration by Connor Lin / The Daily Upside

Communities are hoping that a handful of incentives might be just enough to tip the scales and create a new generation of residents.

6 min read
Power Corridor

El Niño Ravages Land and Sea, Slamming Markets

Climate change is colliding with another phenomenon called El Niño – and the results are already far-reaching, global, devastating.

6 min read
Media & Entertainment

Money Talks: The NCAA’s NIL Era is Already Evolving

(Photo by Jacob Rice/Unsplash)

This is the third school year of the NCAA’s NIL era, granting student-athletes the right to benefit from their Name, Image, and Likeness.

6 min read
OP-ED | Power Corridor

SBF’s Adventures in Wonderland

Photo by Pavel Danilyuk on Pexels

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

6 min read
Industries

Bank Access Bill Might Finally Lift Marijuana Out of the Shadows

(Photo by Budding on Unsplash)

There’s been this little obstacle standing in the way of a functioning nationwide marijuana market: the law.

1 min read
Economics

Home Insurance is Hard to Come by in California

(Photo Credit: Dave Hoefler/Unsplash)

1 min read
Energy

US Government to Spend $1 Billion to Keep California Nuclear Plant Alive

(Photo credit: Tracey Adams/WikiCommons)

2 min read
Inflation & Prices

Fast Food Workers Score Major Wage Win in California

Image Credit: iStock, tofumax

2 min read