Tech Insider

Phew. Hey there. Senior reporter Phil Rosen here. Before we jump into the newsletter, the Silicon Valley Bank saga is continuing to unfold, so let's quickly break down the latest.

Tech Insider
Silicon Valley Bank
The rapid-fire implosions of Silicon Valley Bank and Silvergate have Wall Street worried about a broader financial shock.
Tech Insider : Economy

Good morning readers. Phil Rosen here. It's jobs day today. 

If the reading comes in too hot, the Fed's going to have even more ammunition to push interest rates higher in the coming months — and every move higher tightens the screws on the economy even more, ramping up risk of a recession. 

Tech Insider
Traders in the NYSE
Traders and financial professionals work ahead of the closing bell on the floor on the New York Stock Exchange (NYSE), October 26, 2018 in New York City. The Dow Jones Industrial average was down nearly another 300 points at the close on Friday. Disappointing earnings numbers from key technology companies, including Amazon and Alphabet, were driving forces for the markets' slide.