inflation

Consumer

Walmart Keeps Fan-Favorite Status as Shoppers Tighten Purse Strings

Photo via Jeffrey Greenberg/Universal Images Group/Newscom

Despite concerns ahead of the busiest season for retailers, projections show Americans are ready to open their wallets.

2 min read

Photo via Dirk Shadd/ZUMA Press/Newscom

Media & Entertainment

Callaway Unwinds Sub-Par Acquisition of Topgolf

The deal values Topgolf at $1.1 billion, roughly half of what Callaway paid for the entertainment brand in 2020.

2 min read
Photo via Richard B. Levine/Newscom

Consumer

Butterball Battle Begins for Retailers Rolling Out Holiday Deals

Target on Wednesday said its meal kit for four will cost less than $20 this year before tax, or about $5 a person.

2 min read
Photo via BONNIE CASH/UPI/Newscom

Economics

Can the Fed Get Missing Economic Data in Time for Rate-Cut Decision?

While a stop-gap funding deal is in place, the government still has some work to do to fill in its backlog of missing economic data.

2 min read

Economics

US Tariffs Chew a Hole in Retailers’ (and Shoppers’) Christmas Stockings

Photo illustration by Connor Lin / The Daily Upside, Photos by Sabelskaya and Gyzele via iStock

The US has basically imposed tariffs on Christmas this year: Trees, ornaments and even gifts. Now, both shoppers and sellers feel Grinchy.

6 min read

Photo via JOHN ANGELILLO/UPI/Newscom

Markets

Wall Street Leaders’ Fears of Froth Finally Bubble into Markets

Goldman Sachs CEO David Solomon and Morgan Stanley CEO Ted Pick warned of an equities drawdown on Tuesday at a summit in Hong Kong.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by AltoClassic via iStock and Freepik

Economics

Thawing Housing Market Not Yet Liquid Enough to Jump-Start Sales

Rejuvenating frozen US housing sales will require a strong job market and mortgage rates low enough to pique sellers’ interest in new homes.

4 min read
Photo by Anne Czichos via iStock

Consumer

Chipotle Struggles as Customers Skip the Guac

Execs said that inflation-addled consumers are under the impression that Chipotle costs more than it does.

2 min read

Indicators

Amazon Job Cuts Broaden Big Tech’s Layoff Barrage

Photo via CentralITAlliance

When layoffs rise, people spend less, which leads to tighter bottom lines and more layoffs. Wash, rinse, and repeat.

2 min read

Photo via Annabelle Gordon/Sipa USA/Newscom

Economics

Banking on a Fed Rate Cut Today, Investors Look for Hints of What’s Next

In September, Fed Chair Jerome Powell said that nine of the Fed’s 19 policymakers favored no more than one additional rate cut this year.

1 min read
Photo by Towfiqu Barbhuiya via Unsplash

CIO Upside

Will AI Be Setting Your Salary Soon? Some Workers Hope So

AI might factor into your paycheck more and more over the next few years. Some workers expect that to make pay scales fairer.

1 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by Anna Zasimova via iStock

Markets

Gold’s Shining Moment: From Portfolio Fuddy-Duddy to Must-Have

The gold standard hasn’t made a comeback, but the precious metal’s price is breaking records as confidence in the US dollar fades.

5 min read

ETF Upside

3 Ways to Build an Inflation-Adjusted Pension. Yes, There’s Even an ETF for That

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

No one knows the future, but high inflation could make some investments virtually worthless.

4 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.