Economics

Economics

How the Great Wealth Transfer is playing out for Billionaires

Photo illustration by Connor Lin / The Daily Upside, Photos by Jérémy Barande via CC BY-SA 2.0, David Shankbone via CC BY 3.0, Obama White House Archived, and U.S. Air Force / Trevor Cokley

The oldest among us are richer than ever, so are the richest. So what happens when the oldest and richest start passing their wealth along?

5 min read

Recent News

Walmart Patent Signals AI Transformation for Bricks-and-Mortar Retail

Photo via U.S. Patent and Trademark Office

1 min read
Why AI Augmentation Tech Is More Than a ‘Cost-Cutting Tool’

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Why Access Controls May Be AI’s Biggest Security Vulnerability

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International Economics

Is China’s Export Economy Starting to Slip?

Photo by Wolfgang Weiser via Pexels

The world’s factory is slowing down and it might have nothing to do with the tariffs promised by the Trump 2.0 administration.

2 min read

Inflation & Prices

The Fed’s Preferred Inflation Gauge Just Ticked Back Up

Photo by Jack Sparrow via Pexels

The last mile is always the hardest. For the Federal Reserve, the last mile in its race to tame inflation just got even harder.

2 min read

Photo by Christian Harb via Unsplash

International Economics

Trump Vows Tariffs on Canada, Mexico, and China

Trump promised in a Truth post to levy via 25% tariffs “on ALL products coming into the United States” from Mexico and Canada.

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

Personal Finance

The Great Wealth Transfer Might be a Big Mirage

In the coming decades, the Silent Generation and aging Baby Boomers are projected to hand down trillions in wealth. So who will benefit?

4 min read
Photo by Breno Assis via Unsplash

Real Estate

Home Sales Rose in October, But the Trend Won’t Last

Sales of used homes in the US rose in October. But it may have been a flash sale, because mortgage rates are already climbing again.

1 min read

International Economics

Europe Lays Plans to Extract China’s Battery Know-How

Photo by Traimak Ivan via iStock

There’s a little bit of “What goes around comes around” behind Europe’s latest industrial policy initiative.

2 min read

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Economics

The US Dollar is Flexing Muscle, Putting the Rest of the World on Notice

The US greenback has appreciated 2.65% against a basket of its developed market peers since the election and is at a two-year high.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by Gage Skidmore via CC BY-SA 2.0 and Kremlin.ru via CC BY 4.0

Geopolitics

Saudi Arabia Pulls Back as Trump Reemerges on World Stage

Saudi Arabia’s Mammoth Public Investment Fund Turns Inward Just As One of the Country’s Top Allies Reclaims the White House.

6 min read
Photo by Eilis Garvey via Unsplash

International Economics

China’s Trade Surplus Closing in on $1 Trillion, Bolstering Trump’s Tariff Pledge

Just in time for Trump 2.0, China is on pace for history’s first $1 trillion trade surplus by a single nation, according to Bloomberg.

2 min read

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