A lawyer's license was suspended after he tried to sue his 'sugar baby' for $166 million

Tech Insider
woman on laptop
"Sugar babies" can meet "sugar daddies" on Seeking Arrangement.

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Russian oil sanctions appear to be working - crude still flows even as Moscow's pulling in less money. But there's more to it than that.

Tech Insider

Hey there market people. Phil Rosen here. 

I spent much of yesterday parsing through pages of data on where Russian oil is heading and how much buyers are paying for barrels. 

The clearest takeaway is that the West's sanctions do in fact seem to be taking a toll as intended — Moscow's export revenues are down, but plenty of oil remains available as far as global supplies. 

LinkedIn's top economist explains the AI trend that could mark a tipping point - and the under-the-radar labor market shifts unfolding now

Tech Insider : Economy, Technology
Guy Berger, LinkedIn Head of Macroeconomics
Guy Berger, LinkedIn's head of macroeconomics

LinkedIn

A professor says he's stunned that ChatGPT went from a D grade on his economics test to an A in just 3 months

Tech Insider : Economy
ChatGPT-4 scored 73% on Bryan Caplan's economics test.
ChatGPT-4 scored 73% on Bryan Caplan's economics test.

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Nobel laureate Paul Krugman says bailing out SVB was sensible but annoying - and calls for tougher rules to prevent more bank failures

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paul krugman
Paul Krugman.

Franck Robichon/Reuters

Billionaire investor Bill Ackman says feds 'screwed up' handling of Silicon Valley Bank collapse, warns they have '48 hours to fix a soon-to-be-irreversible mistake'

Tech Insider : Economy
Bill Ackman.
Bill Ackman, who criticized the federal government's handling of Silicon Valley Bank's collapse this week.

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Your work's favorite happy hour spot wants you to come back to the office. Here's how remote work is costing big-city restaurants and bars billions.

Tech Insider
Happy hour drinks with co workers
The rise of remote and hybrid work is hurting bars and restaurants in major cities.

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The artificial intelligence war has Wall Street in a frenzy over Google, Microsoft, and anything related to bots

Tech Insider

Happy Monday, readers. I'm Phil Rosen, reporting from New York City. 

In case you missed it, last week Microsoft held an event that had the buzz of a Steve Jobs iPhone launch.

The US economy will sink into a recession - and stocks will feel the squeeze, top economist Steve Hanke says

Tech Insider
Steve Hanke Johns Hopkins finance class
Steve Hanke.

Portia Crowe/Business Insider

Half of Americans say their financial position has worsened in the last year — the most since the Great Recession, Gallup poll finds

Tech Insider : Economy
inflation checking receipt at supermarket
A man examines his grocery bill.

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