Wall Street warns the banking turmoil is coming for the commercial real estate sector

Tech Insider

Good morning, readers. I'm Phil Rosen, reporting from New York City. 

The bank turmoil we saw in March feels like some time ago, but top strategists are warning that more consequences are still ahead. 

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The credit crunch is here and it could cripple the economy. Here's what Larry Summers, Nouriel Roubini and 7 other experts have said on the emerging threat.

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Money under lock

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Banking turmoil could be revived if credit conditions keep tightening and the Fed stays hawkish, Morgan Stanley's chief bond strategist says

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Stocks are unlikely to retest bear market lows and there's too much pessimism about the US economy, market veteran Ed Yardeni says

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The credit crunch caused by the banking turmoil may help the Fed's inflation fight, but it will hurt the economy and earnings, eToro strategist says

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Russian oligarch Oleg Deripaska slams his country's 'primitive' financial system, says it is 'bondage and usury based on state banks'

Tech Insider : Economy
Oleg Deripaska
Russian tycoon Oleg Deripaska criticised the Russian financial system.

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Credit crunch fears are taking hold, fueling concerns of a crippling US recession. Here's why investors are so worried about lending drying up.

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Credit crunch fears are taking hold among US investors thanks to banking system turmoil.

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How the Fed is reshaping the labor market and why the nature of work is shifting, according to LinkedIn’s principal economist

Tech Insider

Good morning. I'm Phil Rosen. Today's newsletter may not include a job offer, but it will give you a better grasp of what to look for in this still-hot labor market.

I'm excited to share this week's conversation with one of the leading experts on jobs and hiring trends.

American savers are missing out – because bank interest rates are trailing the Fed's benchmark by a record amount

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There's now a record gap between bank deposit rates and the Federal Reserve's benchmark, according to a new survey.

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A millennial tried out the TikTok-famous cash stuffing budget method — and said it helped her pay off a $19,000 car loan ahead of schedule

Tech Insider : Economy
Berenice Rodriguez TikTok
Berenice Rodriguez makes cash stuffing videos on TikTok for over 10,000 followers.

Berenice Rodriguez TikTok

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