Good morning. I'm Phil Rosen. It's good to see you on a Saturday.
As you could guess about a journalist, I'm always looking to speak with fascinating people with unique insights. Those conversations become all the more rewarding when I can share them here in this newsletter.
So — who should I speak to next? Tweet me @philrosenn or email me at prosen@insider.com with suggestions.
The weekend is here! Dan DeFrancesco in NYC, and I'm slightly panicking over reports that the bats that help make tequila could go extinct.
Fun Fact Friday: Wombats are the only animals with cube-shaped poop, and there is a scientific reason why.
Hello! I'm Phil Rosen, reporting from New York City.
Expect to see the market move today in response to the Fed's preferred inflation gauge, Personal Consumption Expenditures, which will be released at 8:30am.
Economists surveyed by Bloomberg expect to see a rise of 0.5% in January from the prior month, which would be the biggest leap since the middle of last year.
Almost Friday! Dan DeFrancesco in NYC, and I'm laughing at the new terms rich people are coming up with to make themselves feel younger.
Happy Friday eve, team. Phil Rosen here. Did you catch yesterday's Fed minutes release?
It looks like central bank officials unanimously agreed that the last rate hike of 25 basis points was the appropriate size, and that slowing down the pace would "better allow them to assess the economy's progress."
But several participants would have also backed a half-point hike, the minutes showed.
That tells us we should be taking the Fed at its word: The inflation battle isn't over.
Hey there! Dan DeFrancesco in a dreary NYC, but I've got some good news! Turns out not all layoffs are bad, as a hacker group reportedly had to let go of some of its call-center operators.
Howdy readers. I'm Phil Rosen, reporting from Manhattan.
Remember the whole "good news is actually bad news" relationship between the economy and markets?
Well, yesterday we learned private sector economic activity clocked in at multi-month highs, which means businesses are gaining momentum.
I hope you enjoyed the long weekend. I'm senior reporter Phil Rosen — it's good to be back.
The talk of the town through all of 2022 was how badly stocks were doing, but that's been reversed over the last seven weeks.
Indexes are all moving up and to the right, and investors are piling back into some of the biggest losers of last year like crypto, electric vehicle stocks, and tech.
Hi, I'm Matt Turner, the editor in chief of business at Insider. Welcome back to Insider Today's Sunday Edition, a roundup of our top stories. Get this briefing directly in your inbox each Sunday — sign up here.
