The Daily Upside

Surviving the Roller-Coaster Ride that Is the U.S. Economy

Photo by Itai Aarons on Unsplash

The U.S. Economy is taking Americans for a ride, interest rates hit a 23-year high at 8.34 percent on 30-year mortgages.

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Multibillion-Dollar Trial Not Going So Well for Sam Bankman-Fried

SBF trial, Caroline Ellison

Star witness and Sam Bankman-Fried’s former girlfriend of Sam Bankman-Fried, Caroline Ellison, says he directed the crimes.

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It’s Not Just Commercial Landlords Fretting Over New High in Vacancies

(Photo by Jose Losada on Unsplash)

Office vacancy rates in major cities have risen to worrisome levels while investments into commercial real estate are in retreat.

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China’s Subsidies Draw More International Wrath

(Photo by Yasin Hemmati on Unsplash)

The EU plans to launch an antitrust probe into China’s domestic subsidies for steelmakers, the Financial Times reported on Tuesday.

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Ireland Is Launching a Sovereign Wealth Fund

(Photo by Aboodi Vesakaran on Unsplash)

On Tuesday, Ireland said it wants to leverage its corporate tax revenue from tech giants to create a sovereign wealth fund.

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Oil Leaps, Shekel Falls After Israel Declares War

(Photo by Alex Simpson on Unsplash)

Crude oil prices jumped to $89 a barrel as Hamas’s attack on Israel drove concerns of wider conflict across the oil-rich Middle East.

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Google Launches Search Engine for Medical Records

(Photo by National Cancer Institute on Unsplash)

Google’s cloud division says it’s launching a new AI-powered tool designed to rifle through and compile patients’ medical records.

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Investment Funds Can’t Quit Climate Change

(Photo by Anders J on Unsplash)

Despite conservative disdain for ESG initiatives, one research project found climate change remains a chief concern for asset managers.

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PayPal Looks to New Cybersecurity to Build Public Trust

Photo by Tech Daily on Unsplash

PayPal’s filing could signal that the company is trying to build the same public trust that traditional financial institutions have.

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UAW Notches Win for EV Battery Workers with GM

The United Auto Workers announced on Friday that it had called off a planned walkout at a General Motors plant in Arlington, Texas.

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US Consumers Are Taking a Credit Card Break

(Photo Credit: Avery Evans/Unsplash)

Facing eye-watering amounts of debt and record-high interest rates, US consumers have started charging less on their credit cards.

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Home Depot Crime Ring Highlights Boom in Retail Theft

Home Depot cracked open a crime ring that has accounted for $3 million in stolen goods across its Florida locations.

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So You Want to be an Influencer

Everyone wants a create content on TikTok account, generating millions of dollars, but reality is a harder truth.

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Adobe Continues AI Push By Keeping a Close Eye on User Behavior

Mikaela Shannon on Unsplash

Adobe wants to watch its users a little closer so it can recommend how to properly change the brightness in Photoshop using AI.

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Shopify Plugs Away at AR Patents for Merchants

Photo by Tima Miroshnichenko on Pexels

Shopify wants to use AR to help you after you pulled the trigger on that big purchase. AR shopping may lean towards end-to-end experiences.

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Life After Epstein at America’s Top Bank

“Photo by Steve Jurvetson under CC BY 2.0”

JP Morgan, the largest bank in America, with more than $3 trillion in assets, settles all Epstein lawsuits.

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Alibaba’s Logistics Hub in Belgium Hit With the Latest Spying Scrutiny

(Photo by Jacques Dillies on Unsplash)

Belgian authorities are monitoring Alibaba for “possible espionage” at the company’s main European logistics hub.

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Twitter’s Latest Ad Problem: Users Flagging Them for Misinformation

Twitter designed the community notes feature for users to add context to possible misleading tweets. Now it’s a liability for advertisers.

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Goldman Sachs Launches Platform for Third-Party ETFs

(Photo by m. on Unsplash)

Goldman Sachs launched its ETF accelerator platform, intended to help smaller third-party funds enter the $10 trillion market.

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Meta May Turn to Synthetic Data to Feed its AI Growth

Photo courtesy of Meta Media Gallery

Meta might want to make synthetic data from your Facebook posts. While this helps solve the privacy issue, the issue of bias is still present.

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Advisor Upside

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

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

Photo via U.S. Patent and Trademark Office

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

Photo via Rawpixel

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Why Access Controls May Be AI’s Biggest Security Vulnerability

Photo via Pavlo Gonchar

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