interest rates

Advisor Upside

Older, Wealthy Americans Are Delaying Rate Cuts With Their Big Spending

Photo by Matt Bennett via Unsplash

Spending by older affluent Americans is helping grow the economy. But it’s also contributing to a delay in the Federal Reserve cutting rates.

1 min read

Photo by Hardik Pandya via Unsplash

Markets

General Catalyst Closes $6 Billion Fund

It’s a possible sign that the VC industry’s newest chapter is a story of the haves and have-nots.

2 min read
Photo by Truck Hardware via CC BY 2.0

Autos

GM Drives to a Big Q1 Profit

GM said it grew market share across several pickup and SUV models, despite pricing incentives that were “well below” the industry average.

1 min read
Photo by Jason Briscoe via Unsplash

Markets

Bigger Is Still Better in the S&P 500

The top 50 companies in the index have seen a collective 4.5% skid so far in April, while the bottom 50 have slipped 8.6%.

2 min read

M&A

Dealmaking Is Coming Back — With or Without Fed Rate Cuts

Photo by Yusuke Kawasaki via CC BY 2.0

Dealmaking-related revenue at a handful of major investment banks collectively rose 27% year-over-year in the first quarter.

2 min read

Banking

Jamie Dimon Sticks to His Cautious Worldview

Photo by Steve Jurvetson via CC BY 2.0

JPMorgan’s CEO sees a lot of potential in the US economy — and plenty of obstacles to overcome.

2 min read

Real Estate

Austin’s Housing Craze Is Starting to Cool Down

Photo by Irene Rego via Unsplash

Home prices in the Lone Star State’s capital have dropped 12% since 2022 — the largest decline of any US city.

1 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.