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Consumer

Temu Gets Spooked by Possible TikTok Ban

Photo illustration by Connor Lin / The Daily Upside

The-commerce app, which has spent a fortune marketing itself in America, is reportedly starting to hedge its reliance on the US market.

2 min read

Photo by Growtika via Unsplash

Economics

Is the US Seeing a Startup Boom?

After a slump through the latter half of the last decade, the US is experiencing a startup tsunami, according to The Economist.

2 min read
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International Economics

Europe Wants to Fix Its Widening Productivity Gap With the US

European productivity has increased only about 20% since 2000, about one-third the rate of the US.

2 min read
Photo by Federal Reserve Board of Governors via Public Domain Mark 1.0

Inflation & Prices

Fed Keeps Interest Rates Steady Amid Solid Job Growth

The central bank held the funds rate at 5.25% to 5.5%, citing a “lack of further progress toward the Committee’s 2% inflation objective.”

2 min read

Regulation

Business Groups Sue FTC Over New Noncompete Regulations

Photo by Ian Hutchinson via Unsplash

The FTC estimates its ban will help create 8,500 new businesses and increase average annual worker wages by $524.

2 min read

Photo by Rodrigo Kugnharski on Unsplash

Banking

US Banks Push Back on High Severance Costs in Paris

The Americans have warned that further inroads to France’s capital may not happen without some dismissal-pay flexibility.

2 min read
Photo illustration by Connor Lin / The Daily Upside

Consumer

Can Rideshare Giant Uber Sustain its Recent Success?

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

5 min read
Photo by Amy Hirschi on Unsplash

Technology

Gender Gap Narrows in US Tech Industry

Things still aren’t great, but they’re better with females now comprising 35% of the industry workforce.

2 min read

Patent Drop

Intel Patent Brings AI Robot Coworkers to Factory Floors

Photo via U.S. Patent and Trademark Office

Intel’s latest patent shows that it wants robots to co-work with humans — without the risk of hurting them.

2 min read

Consumer

McDonald’s Top Line Took a Hit from the Israel-Hamas War

Photo by Jas Rolyn via Unsplash

The burger giant had mostly stellar growth around the world, but the volatile region has become the scene of critical boycotts.

2 min read

Photo by Nathan Dumlao via Unsplash

Economics

The Great Job Churn Has Ended

Unlike the labor-market turnstile of the pandemic, people are beginning to be a little more methodical in their job hunts.

2 min read

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