Hello, I’m Matt Turner, Business Editor at Insider. Welcome to Insider Weekly, a roundup of some of our best stories. I hope you had the chance to see the New Year in style.
On the program today:
But first : Now that we’re in 2023, I want to share some of the things that fascinate me personally and that I think will be big themes in the year ahead.
If this was forwarded to you, register here.
3 main themes for 2023
Tensions in China: The fate of the global economy may depend on what happens to a company in Taiwan that most Americans have never heard of. Without radical changes, TikTok could disappear from the United States. The renewed “Made in America” trend will do things like more expensive clothes and electronics. These are all huge scenarios for 2023, driven by the increase tensions between China and the United States.
Abundance Calendar: While many one-time purchases have gotten cheaper over time (think a new car, TV, or computer), recurring costs like tuition, health care, housing costs, babysittingenergy and foodincreased in the United States.
the abundance program posits that the United States (and much of the Western world) has the ability to change course if it facilitates investment in these long-term goals: to train more doctors, build more homes, and expand renewable energy . I’m fascinated to see if this argument picks up steam in 2023.
Technical discipline: the cushy benefits of technical work disappear. Big tech companies are doing their tougher performance reviews. Tech founders applaud Elon Musk’s brutal Twitter crackdown and may seek to follow suit.
Silicon Valley’s new financial discipline will continue into 2023, likely leading to more moon pictures get killed, startups go bankrupt, and more consolidation and private transactions.
I would love to hear from you. What do you see as the major themes that will shape 2023? You can reach me at [email protected].
Now, for this week’s stories…
Inside the “exam repositories”
Tyler Le/Initiate
Companies from Salesforce to Amazon Web Services use technical certificates to demonstrate that workers are proficient with certain software tools. But with a quick Google search, technicians can access the “exam dumps”, or corrected exams.
We spoke with a tech worker who used “exam dumps” early in his career to pass tech certifications. They said that while they probably wouldn’t have succeeded without cheating, they now view the practice as harmful.
Here is what the technician told us.
Read more:
Negotiator for the Yankees and Ben Affleck
Crystal Cox / Insider
In 2009, Lloyd Blankfein, then CEO of Goldman Sachs, asked negotiator Gerry Cardinale to turn down the possibility of acquiring a majority stake in Liverpool football club. So Cardinale started thinking about leaving the bank to hang her own shingle.
In 2014, he launched RedBird Capital. He is now a go-to marketer in sports and entertainment with $7.5 billion in assets. He bought soccer club AC Milan in August and graced the stage at The New York Times DealBook conference alongside business partner Ben Affleck.
Read more:
How to navigate the stock market this year
REUTERS/Brendan McDermid
Most investors are betting that the United States will enter a recession at some point in 2023. To help weather the recession, Insider has created a guide to what top analysts and companies are expecting in 2023, with stories that answer the key investor questions.
From how to improve your investing strategy this year to where to invest and what stocks to buy, we’ve got everything you need to know for the year ahead.
Read more:
The coolest electric cars will hit the streets next year
hyundai
Tons of new electric models have exploded onto the scene in recent years – and with several automakers planning to launch new electric vehicles in the coming year, 2023 will be no different.
From the impossibly large GMC Hummer EV SUV (which retails for $106,000) to the futuristic Polestar 3, there’s no shortage of sleek new electric vehicles in the new year.
Discover all the electric vehicles from which you will have the choice.
Read more:
This week’s quote:
“I do limb lengthening reconstruction, not that bullshit cosmetic limb lengthening.”
- Dr. S. Robert Rozbruch, a surgeon who performs 350 to 400 limb lengthening surgeries and deformity corrections per year. Read his story here.
More of this week’s best reads:
Organized by Matt Turner. Edited by Jordan Parker Erb and Lisa Ryan. Sign up for more Insider newsletters here.
Comments are closed.