US Government

Industrials

Iran War Ignites US Demand for Cheaper Drone Defense Systems

Photo via Marine Corps Sgt. Calah Thompson

Last month, the Pentagon invited 25 drone manufacturers to participate in a competition to win a $150 million prototype order.

2 min read

Photo via Samuel Corum/Sipa USA/Newscom

International Economics

Trump Deploys New Tariff Tactics After Supreme Court Rejects Emergency Levies

Up to $175 billion of illegally collected tariffs could now be eligible for rebates, economists at Penn Wharton estimate.

2 min read
Photo via Spencer Jones/Plexi Images/GHI/UCG/Universal Images Group/Newscom

Healthcare

Moderna Spikes After FDA’s About-Face on mRNA Flu Vaccine

Just last week, the agency rejected Moderna’s initial application, citing flaws in the company’s research design.

2 min read
Photo via Mark Reinstein/ZUMAPRESS/Newscom

Autos

Detroit’s EV Writedown Woes Pile Up Over $50 Billion

According to Kelly Blue Book figures, US electric vehicle sales fell 36% to 234,171 units in the fourth quarter of 2025.

2 min read

Markets

Wall Street Gets Squeezed by Twin Global Crises

Photo via JOHN ANGELILLO/UPI/Newscom

Yields on ultra-long 40-year Japanese Government Bonds (JGB) rose 0.26 percentage points Tuesday, reaching 4.2%, an all-time high.

2 min read

Photo via Jimin Kim / SOPA Images/Sipa USA/Newscom

M&A

‘Vortex of Volatility’ Kept 2025 Dealmaking From Breaking Records

Standout deals included Union Pacific’s $88 billion purchase of Norfolk Southern and the $56.6 billion deal to take Electronic Arts private.

2 min read
Photo via Davide Bonaldo/ZUMAPRESS/Newscom

Finance

Do McKinsey Layoffs Signal Trouble for Consulting Industry?

Fellow professional services firms such as Deloitte, Ernst & Young, and KPMG have already undergone significant layoffs.

1 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by Pixpine Mockups and Anthony Behar/Sipa USA/Newscom

Advisor Upside

Advisors Are Watching These Tax Law Changes in 2026

New tax laws including the One Big Beautiful Bill Act present novel risks and opportunities when filing next year’s tax returns.

4 min read

ETF Upside

Dual Share Classes Are Here, But There’s an ‘Apollo 13’ Problem

Photo by NASA via Unsplash

Trading fractional shares for whole shares will require some communication and help, according to one firm that offers shareholder services.

2 min read

ETF Upside

ETF Filings on Hold Amid Government Shutdown

Photo by Getty Images via Unsplash

The SEC halted operations last week amid the federal government shutdown, pausing dozens of ETF applications.

2 min read

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