Economics

Economics

The Fed Cut Interest Rates Exactly as Planned. But What’s Next?

Photo by Federal Reserve Board of Governors via Public Domain Mark 1.0

The US Federal Reserve continued its interest rate deescalation with a 25 basis point cut — exactly in line with consensus expectations.

2 min read

Photo by Dannel Malloy via CC BY 2.0

Personal Finance

Hurricane Milton Might Be the Costliest Hurricane Since Katrina

When it hits Florida, Hurricane Milton is expected to cause anywhere between $60 billion and $100 billion in insured losses.

1 min read
Photo by Jun Rong Loo via Unsplash

Markets

The Carry Trade is Unwinding. How Much is Left to Go?

In a carry trade, you borrow money in a country with low interest rates and use it to buy a higher-interest-rate currency like the dollar.

1 min read
Photo by Phil Roeder via CC BY 2.0

International Economics

US, Mexico Agree to Steel Import Rules Against Chinese Circumvention

The US and Mexico will apply tariffs to some US steel and aluminum imports to keep Chinese metals from entering America.

1 min read

Economics

America’s ‘Left Behind’ Counties Make a Comeback (of Sorts)

Photo by Eric Prouzet via Unsplash

America’s “left behind” counties — which fell behind the rest of the country beginning in the early 2000s — aren’t so far behind anymore.

1 min read

Photo by Kārlis Dambrāns via CC BY-SA 4.0

International Economics

China Brings in Subsidies for Smartphones

On Friday, Beijing announced that a trade-in program that previously applied to big appliances and cars will now be widened to smartphones.

1 min read
Photo by David Vives via Unsplash

Private Equity

Will Private Equity Fuel a Big Year for IPOs?

As the New Year rolls in, Wall Street is preparing for a slew of listing announcements from private equity-backed firms.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by Rawpixel via Freepik

Private Equity

All in the Franchise: Why Private Equity Loves the Business Model

It’s understandable if you failed to notice one meaty if unglamorous trend on Wall Street: Private equity’s love affair with franchising.

6 min read

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