Insider Today’s Sunday Edition: Top Stories of the Week, Milken Institute Global Conference Recap, Shopify vs. Amazon, ‘Bait-and-Switch’ Scams, Healthcare’s AI Sprint, ‘Junk Fees’, and More

The Milken Institute Global Conference in Beverly Hills was a star-studded event last week, with billionaires and business leaders converging to discuss the latest trends and insights in the finance world. Among the attendees were Akin Oyedele, Dakin Campbell, and Ben Bergman from Insider, who shared their key takeaways from the conference.

Oyedele highlighted the anger directed at the Federal Reserve due to the impact of rate hikes on investments and regional banks. Campbell pointed out the opportunities in the private credit industry, with investors expecting profitable returns from recent private loans. Bergman shed light on the exclusive private parties where the real action of the conference took place, with notable guests like Jimmy Kimmel and Kim Lew in attendance.

In other news, Shopify made headlines with the announcement of layoffs and the sale of its logistics business, marking the end of its attempt to challenge Amazon in fulfillment. Additionally, a story on “bait-and-switch” scams in the Airbnb industry and the healthcare sector’s sprint towards using generative artificial intelligence were also featured in this week’s top reads.

Overall, the Milken Institute Global Conference provided valuable insights and networking opportunities for the attendees, showcasing the latest trends and developments in the finance world. Stay tuned for more updates and analysis from Insider.