inflation

Indicators

Fresh Jobs Data May Help Fed Gauge How Much AI Strains US Labor Market

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The US Bureau of Labor Statistics will be reporting May’s much-anticipated employment figures at the end of the week.

2 min read

Advisor Upside

Inflation Isn’t Retiring Anytime Soon. Your Clients Should Be

Retirement planning is much more dynamic than a decade ago, and financial advisors are rewriting the playbook.

4 min read
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Consumer

Costco Profit Tops Wall Street Expectations as Deals Lure Inflation-Weary Consumers

The retailer has now seen year-over-year visit growth for six consecutive months through April, according to data analytics firm Placer.ai.

2 min read
Photo via Weston Hancock/ZUMAPRESS/Newscom

Energy

Oil Prices Slide amid Fresh Hope for US-Iran Peace Deal

Oil prices may eventually reach $200 a barrel unless a supply crisis sparked by the Iran War is resolved, experts warn.

2 min read

Inflation & Prices

‘Bucket List’ Vacations Give Way to Budget-Friendlier Trips amid Sky-High Fuel Prices

Photo illustration by Connor Lin / The Daily Upside

Surging prices are prompting budget-conscious travelers to second-guess vacation plans while airlines dangle new perks for luxury customers.

4 min read

Economics

How Kevin Warsh Could Reshape the Fed

Photo via Sha Hanting/China News Service/VCG/Newscom

During his confirmation hearing last week, Warsh hinted at an out-with-the-old-in-with-the-new approach to monetary policy.

2 min read

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Consumer

After Years of Double-Digit Sales Growth, Luxury Retailers Face ‘Reckoning’

From LVMH to Richement, brands built on status pursue younger customers amid signals that the salad days of the past two decades are over.

4 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by Alptraum via iStock

Energy

Sweating It Out: Data Centers Plus Summer Heat Raises Power Bills, Blackout Risk

The US electrical grid isn’t ready for the double whammy of peak air conditioner usage and peak data center power needs. What happens now?

4 min read
Photo via Annabelle Gordon/CNP / Polaris/Newscom

Banking

Were the Cockroaches Alone? Dimon IDs Malodorous Mammal at Economy’s Gates

Ongoing armed conflict in Ukraine and Iran, Dimon wrote, have him concerned about an economic “skunk at the party.”

2 min read

Consumer

Lower Prices Scramble Outlook for Egg Giant Cal-Maine

Photo via Richard B. Levine/Newscom

During its third-quarter earnings call tomorrow, executives will continue to pitch shareholders on the company’s egg-breaking transformation.

2 min read

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