The Daily Upside

Lloyd’s of London Warns of Worst-Case-Scenario Cyberattack

(Photo by Markus Spiske on Unsplash)

According to a Lloyd’s study published Wednesday, a cyberattack on global payments systems could cause $3.5 trillion of economic damage.

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Intel Looks at AI Tuning to Bolster Software Offerings

Photo by smoothgroover22 under CC BY-SA 2.0

Intel is far behind in the AI race. Taking on chip giant Nvidia would require Intel to build a development ecosystem at a better price.

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Xi Celebrates Belt and Road Initiative with Putin as the West Tunes Out

(Photo by Kremlin.ru under CC BY 4.0)

Chinese President Xi Jinping held a summit this week in Beijing touting his signature diplomatic initiative: the Belt and Road Initiative.

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NBA Gears Up For Major Media Contract Negotiations

(Photo by Marius Christensen on Unsplash)

The National Basketball Association is on a full-court press to secure its next round of broadcast rights.

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Apple’s Digital Car Key Patent Hints at Additions to the Walled Garden

Photo by smoothgroover22 under CC BY-SA 2.0

Apple never wants you to lose your keys again. The company filed two patents for digital car key pairing.

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A War of Words Erupts Between Milley and Trump Over China

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

The release of “Peril” led to an extended war of words between U.S. Army General Mark Milley and former U.S. president Donald Trump.

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Israel-Hamas Conflict Challenges Global Power Balance

Photo by Palestinian News & Information Agency (Wafa) in contract with APAimages under CC BY-SA 3.0

Why war may be a windfall for America’s major political rivals.

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The Fatalist U.S Consumer

Photo by Kleomenis Spyroglou on Unsplash

Americans are going to shop until they drop – Inflation and interest rates are up, the labor market is cooling, the pumpkins are out and the Halloween Federal Reserve meeting is nigh.

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Goldman Sachs Sees Profits Plummets Amid Consumer Pivot

(Photo by Connor Lin/The Daily Upside)

Goldman Sachs saw its profits slump 33% in its latest quarter, as the bank continues retreating from the consumer banking sector.

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Mexico Reviving Transcoastal Railway to Capitalize on Dry Panama Canal

(Photo by Gift Habeshaw on Unsplash)

The renovated line would span Mexico’s two coasts, providing a new artery through which international freight can flow.

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Choice Hotels Puts an $8 Billion Merger Squeeze on Wyndham

(Photo by Tony Webster under CC BY-SA 2.0)

Choice Hotels International went public on Tuesday with a nearly $8 billion hostile bid to acquire Wyndham Hotels and Resorts.

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Hiring Slowdowns Have MBA Grads Scrambling for a Plan B

(Photo Credit: Joshue Hoehne/Unsplash)

With economic uncertainty looming over the finance industry, a handful of the most popular firms have cut back their MBA hiring efforts.

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Twitter Seeks Out Political Advertisers

The Wall Street Journal reported Monday that Twitter (or X, pick your poison) is aggressively courting political ads on its platform.

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Corporate America is Fretting the Rising Costs of Employee Healthcare

(Photo credit: CDC/Unsplash)

Health insurance costs are expected to surge by as much as 6.5% next year, according to a recent survey from consulting firm Mercer.

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Meta Patents Aim to Read Brain and Body signals

Photo by Eren Li on Pexels

Meta’s patents highlight a recent consumer tech trend: Tech firms are testing the boundaries of just how close they can get to users.

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Carl Icahn’s Big Bet Against Shopping Malls Hasn’t Exactly Worked Out

(Photo Credit: Viktor Bystrov/Unsplash)

Wall Street legend Carl Icahn bet big and — so far — has lost big on a wager against US shopping malls by way of a risky derivative strategy.

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EV Makers Still Waiting for Their Cars To Be the Next Big Thing

(Photo Credit: Andrew Roberts/Unsplash)

People are buying EVs, just not at the hyper-pace most automakers were hoping would be here by now, The Wall Street Journal reported.

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Recession Increasingly Unlikely, WSJ Economist Survey Finds

(Photo by m. on Unsplash)

In The Wall Street Journal’s quarterly survey of economists respondents pegged the chance of a recession in the next year at just 48%.

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Humane’s AI Pin Could Authenticate With Your Heartbeat

Photo by Rajat Bhardwaj under CC BY-SA 2.0

The filing provides a peek at Humane’s debut device ahead of its reveal in mid-November.

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Google’s Tech Could Let AI Skip Training

Photo by Mojahid Mottakin on Unsplash

Google may have found a shortcut to develop chatbots. The tech could prove lucrative in helping enterprises integrate their own AI.

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Advisor Upside

Financial advisor news, market insights, and practice management essentials.

Trump Media Delays Registration for Bitcoin ETF

Photo via Hu Yousong / Xinhua News Agency/Newscom

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Vanguard’s Joe Davis on AI and the ‘Second Half of the Chessboard’

Joseph Davis, Vanguard’s global chief economist and global head of the Investment Strategy Group.

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China’s Revolutionary DeepSeek Turns to American Hardware for Upgrade

Photo by Solen Feyissa via Unsplash

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