How the Fed is reshaping the labor market and why the nature of work is shifting, according to LinkedIn’s principal economist

Tech Insider

Good morning. I'm Phil Rosen. Today's newsletter may not include a job offer, but it will give you a better grasp of what to look for in this still-hot labor market.

I'm excited to share this week's conversation with one of the leading experts on jobs and hiring trends.

American savers are missing out – because bank interest rates are trailing the Fed's benchmark by a record amount

Tech Insider
Inserting card into ATM
There's now a record gap between bank deposit rates and the Federal Reserve's benchmark, according to a new survey.

Getty Images

A millennial tried out the TikTok-famous cash stuffing budget method — and said it helped her pay off a $19,000 car loan ahead of schedule

Tech Insider : Economy
Berenice Rodriguez TikTok
Berenice Rodriguez makes cash stuffing videos on TikTok for over 10,000 followers.

Berenice Rodriguez TikTok

SVB depositors including Roku and Roblox are under scrutiny from Elizabeth Warren and AOC for their 'unusually cozy' relationships with the failed bank

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AOC
Rep. Alexandria Ocasio-Cortez of New York.

Tom Williams/CQ Roll Call

Top economist Mohamed El-Erian sounds recession alarms and warns of stagflation after slew of bank failures last month

Tech Insider
Mohamed El-Erian
Mohamed El-Erian.

REUTERS/Mario Anzuoni

US stocks fall as investors weigh how Friday's jobs data will impact the Fed's next rate decision

Tech Insider
A big screen display of stock prices hangs behind traders working at the New York Stock Exchange NYSE.
A big screen display of stock prices hangs behind traders working at the New York Stock Exchange NYSE on May 9, 2022.

Michael Nagle/Xinhua via Getty Images

Here's why investors are betting $3.7 billion against Toronto-Dominion, making it the world's most-shorted bank

Tech Insider
Toronto Dominion bank
Toronto-Dominion Bank.

Photo Illustration by Alex Tai/SOPA Images/LightRocket via Getty Images)

Signature Bank top execs led $100 million in insider stock sales in the years leading up to the lender's collapse

Tech Insider
A worker arrives to the Signature Bank headquarters in New York City, U.S., March 12, 2023. REUTERS/Eduardo Munoz
A worker arrives at the Signature Bank headquarters in New York City, U.S., March 12, 2023.

REUTERS/Eduardo Munoz

Swiss prosecutors have opened an investigation into the takeover of Credit Suisse by UBS, report says

Tech Insider
credit suisse ubs merger logos
UBS merged with Credit Suisse in a deal brokered by regulators in March.

NurPhoto

Panic over the rise of AI is hitting a fever pitch

Tech Insider

Hi, I'm Matt Turner, the editor in chief of business at Insider. Welcome back to Insider Today's Sunday edition, a roundup of some of our top stories. 

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