Donald Trump

Advisor Upside

First Tax Season Under Big Beautiful Bill Mixes Heightened Complexity with Bigger Refunds

Photo illustration by Connor Lin / The Daily Upside, Photo by Liudmila Chernetska via iStock

While tax season is always a headache, clients may see larger refunds this year thanks to recent legislation, experts said.

4 min read

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Industries

Users Ghost ChatGPT for Claude as OpenAI Strikes Deal with Pentagon

ChatGPT users are ghosting the OpenAI chatbot and sliding into the DM’s of Anthropic’s Claude after CEO Sam Altman’s Pentagon deal.

2 min read
Photo via Kyle Mazza, Kyle Mazza/ZUMAPRESS/Newscom

Personal Finance

Trump’s Retirement Savings Plan Offers Potential Bonanza for Firms Like Fidelity

If the accounts come to fruition, they could achieve a longtime goal of industry advocates and policymakers on both sides of the aisle.

2 min read
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Advisor Upside

Why Jeffrey Levine Doesn’t Buy Cat Food, or the Bonus Depreciation Hype

The chief planning officer at Focus Partners Wealth said the accelerated depreciation methods are useful, but they’re not magic.

2 min read

Economics

Supreme Court Rules White House Lacks Authority for Billions of Dollars in Tariffs

Photo via Sue Dorfman/ZUMAPRESS/Newscom

The US Supreme Court struck down tariffs imposed by President Trump on an array of trading partners, upending a signature White House policy.

3 min read

Advisor Upside

America is Still No. 1, Says Goldman Sachs

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Despite some minor risks, the American economy and markets are far from being in decline, according to the investment bank.

2 min read

Semiconductors

Nvidia H200 Exports Boost Odds of a World That ‘Runs on Chinese AI’

Photo via Bill Clark/CQ Roll Call/Newscom

The Chinese government has discouraged companies and government-funded data centers from buying Nvidia’s chips.

1 min read

Photo by Jeremy Edwards via iStock

Advisor Upside

What Do Advisors Think of a White House-Aligned Fed Chair?

Wealth managers have reservations on whether the next chair will remain independent of political influence.

2 min read
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Economics

Traders Say a December Rate Cut Is Coming. The Fed Isn’t so Sure

Ahead of the Federal Open Market Committee’s meeting Wednesday, the CME Group’s FedWatch tool has the odds of a quarter-point cut at 87%.

1 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by Liorpt via iStock and Chris Kleponis/ZUMAPRESS/Newscom

Advisor Upside

Tariff Turmoil Not ‘Rear View Mirror’ Yet: Schwab’s Liz Ann Sonders

The company’s chief investment strategist warned policy moves can take months or years to ripple through the broader economy.

5 min read

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