Joe Biden

Energy

The AI Boom Is No Friend of the Green Energy Transition

Photo by Valeriy Kryukov via Unsplash

As juice-sucking tech firms battle for artificial intelligence supremacy, the coal industry has been cleaning up.

2 min read
Consumer

Target Slashes Prices to Entice Shoppers Tired of High Prices

Photo by Farragutful via CC BY-SA 4.0

The retailer will cut prices on up to 5,000 grocery items to keep pace with lower-cost rivals like Walmart.

2 min read
Social Media

TikTok Is Ready to Sue Over Potential US Ban

Photo by Nordskov Media via CC0 1.0

The new bill could be voted on in the Senate as soon as Tuesday, and TikTok is ready with a legal strategy.

2 min read
Industries

America’s Passenger Rail has a New Ticket to Ride

Photo illustration by Connor Lin / The Daily Upside

The US’ often neglected railways might be on track for better days as the country pumps billions of dollars into outdated infrastructure.

6 min read
Politics

Biden Administration Has Been a Net Tax-Cutter, Study Finds

Photo by Gage Skidmore via CC BY-SA 2.0

A new report says the president has effectively lowered the nation’s total tax burden by $600 billion over his term so far.

2 min read
Regulation

Biden Wants to Tax Private Jets

Photo by Katie Cerami via Pexels

The Biden administration is pushing hard to put an end to cushy tax breaks companies can accrue from private jets.

2 min read
Regulation

EU Plans Crackdown on Social-Media Misinformation as June Elections Loom

Photo by Nordskov Media via CC0 1.0

Ahead of the EU Parliament elections, the bloc is looking to hold Big Tech accountable for the spread of fake news.

2 min read
Patent Drop

Special Report: How AI and Election Misinformation go Hand in Hand

Photo illustration by Connor Lin / The Daily Upside, Photos by Gage Skidmore via CC BY-SA 2.0

“(AI) vastly increases the capacity to create any type of new media … both in speed and volume.”

6 min read
Policy & Power

Biden Proposes Boosting Minimum Tax Rate on Big Corporations

Photo by Gage Skidmore via CC BY-SA 2.0

During Thursday’s State of the Union address, President Biden proposed increasing minimum tax rates for billionaires and large corporations.

1 min read
Technology

Biden Wants to Stop Foreign Spies Buying Americans’ Data

Photo by U.S. Secretary of Defense via CC BY 2.0

The president issued an executive order banning bulk sales of personal data to “hostile” countries like China and Russia.

2 min read
Industrials

Biden Executive Order Aims to Strengthen US Port Cybersecurity

Photo by Maximilian Ruther via Pexels

The federal government fears that China-made equipment like cranes could be easy targets for cyber attacks.

2 min read
Autos

EV Makers Worry About Tax Credits in a Second Trump Term

Photo by Gage Skidmore via CC BY-SA 2.0

If Biden loses, the tax credits from the 2022 Inflation Reduction Act may get wiped out, hampering future sales.

1 min read
OP-ED | Power Corridor

How the Biggest Themes of the Year Will Hold Sway Over 2024

Forecasting shifts in wealth, climate and the changing world order.

5 min read
Energy

OPEC+ Is Losing Market Share as Oil Demand Starts to Slip

Photo by Simone Hutsch via Unsplash

OPEC+ now controls just 51% of the global oil market, good for the smallest share since the group’s creation in 2016.

2 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
OP-ED | Power Corridor

Why Wall Street Is Betting On Nikki Haley

Photo by Gage Skidmore under CC BY-SA 2.0

She can beat Biden, but first she has to neutralize Trump.

4 min read
Power Corridor

Risk On…Despite Everything?

Interest rates and risk appetite to set the table for 2024…

2 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
Regulation

Betting Startup Sues Feds After Election Markets Plan is Rejected

(Photo by Gage Skidmore under CC BY-SA 2.0)

Financial exchange startup Kalshi has sued the Commodity Futures Trading Commission, arguing that the regulator overstepped its authority.

1 min read
OP-ED | Power Corridor

A Bottomless Congressional Conflagration

Another month, another potential government shutdown. The U.S. House of Representatives did manage to briefly overcome its deep divisions long enough to…

3 min read