Tech Insider

Good morning, team. I'm Phil Rosen. If you missed it Monday, regulators seized First Republic Bank and JPMorgan took over the majority of its assets. 

Tech Insider : Economy, Politics
Dragon hoarding
Anyone who has bought a carton of eggs or a tank of gas has felt the sting of inflation. The data is increasingly pointing to one culprit for all these price hikes: corporate greed.

It's becoming clear that corporate greed is screwing over the US economy

Tech Insider
A pedestrian walks by a First Republic bank on April 26, 2023 in San Francisco, California.
First Republic stock has plummeted in the wake of Silicon Valley Bank's demise.
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A smiling trader works on the floor of the New York Stock Exchange.
Traders work on the floor of the New York Stock Exchange (NYSE) on October 27, 2022 in New York City.
Tech Insider

It's Friday — Phil Rosen here. Before we rush into the weekend, let's check in with the slowing pace of the housing market, and what that means for the rest of the year's outlook.

One last lap before the weekend! 


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New York Stock Exchange traders
Equities rose despite weaker-than-expected GDP data for the first quarter of 2023.