Rupert and Lachlan Murdoch reportedly had calls with Ukrainian President Volodymyr Zelenskyy weeks before Tucker Carlson was fired

Tech Insider : Politics
side by side of Rupert and Lachlan Murdoch on the left, and Ukrainian president Volodymyr Zelenskyy on the right
Rupert and Lachlan Murdoch reportedly had separate phone calls with Ukrainian president Volodymyr Zelenskyy.

Adrian Edwards/GC Images, AP Photo/Carolyn Kaster

Russia’s battered wartime economy is still chugging along as it taps its wealth fund, raises taxes, and ramps up imports

Tech Insider

Welcome back, readers. I'm Phil Rosen. I hope you enjoyed this weekend's NBA playoffs and new episode(!) of Succession as much as I did. 

We have a lot of ground to cover today — starting with First Republic. The FDIC announced early this morning that the firm will be taken over by JPMorgan after being seized by regulators.

Russia's domestic stock investors, shut off from the international financial system, have helped send the Moscow Exchange to a 12-month high

Tech Insider : Economy
A logo sits on display at the entrance to the headquarters of the Micex-RTS Moscow Exchange, in Moscow, Russia on January, 26,2016.
Domestic retail investors are propping up trade on the Moscow Exchange. Stock image pictured.

Sefa Karacan/Anadolu Agency/Getty Images

US should supply F-16 fighter jets to Ukraine now to end the stalemate with Russia and win the war, former US Air Force colonel says

Tech Insider
Two US Air Force F-16 Fighting Falcons
Two US Air Force F-16 Fighting Falcons

US Air Force photo by Tech. Sgt. Matthew Lotz

Russia's economy has little to offer China, and their growth in trade is more modest than it appears, analyst says

Tech Insider : Economy
Russian President Vladimir Putin shakes hands with Chinese President Xi Jinping during a welcome ceremony before Russia - China talks in narrow format at the Kremlin in Moscow, Russia March 21, 2023.
Russian President Vladimir Putin shakes hands with Chinese President Xi Jinping at the Kremlin on March 21.

Sputnik/Sergei Karpukhin/Pool via Reuters

US stocks fall as investors weigh fresh inflation data and more tech earnings

Tech Insider

traders nyse

Reuters / Brendan McDermid

Russia can use its sovereign wealth fund to help pay for its war on Ukraine despite sanctions, report says

Tech Insider : Business
russian soldiers military
Soldiers conduct military exercises in Moscow, Russia, on September 1, 2022.

Russian Defense Ministry/Handout/Anadolu Agency via Getty Images

Russia's desperately trying to drum up new recruits by selling military service as a 'worthy future' as thousands of troops die in Ukraine

Tech Insider
Russian military
A military cadet stands in front of a billboard promoting contract army service in Saint Petersburg on October 5, 2022.

OLGA MALTSEVA/AFP via Getty Images

Russia's economy is facing a record worker shortage amid losses in Ukraine and mass exodus

Tech Insider : Economy
Russian military conscript troops
Russian conscripts called up for military service wait to board a train at a railway station in Omsk on November 27, 2022.

REUTERS/Alexey Malgavko

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. 

Subscribe to Ukraine War