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What you need to know on Wall Street today

Finance Insider is Business Insider's midday summary of the top stories of the past 24 hours.

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Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours.

Jamie Dimon is sounding the alarm.

The chairman and CEO of JPMorgan Chase has taken the opportunity on a number of occasions in recent weeks to highlight problems in America, including its failing education system, stifling bureaucracy, and high levels of incarceration and opioid deaths.

Business Insider traveled on May 5 to speak with Dimon at the Alfred E. Smith Career and Technical Education High School in the South Bronx, New York. We talked about education, the economy, and the Trump administration.

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The Berkshire Hathaway annual meeting has been called "The Woodstock of Capitalism," as famed investors Warren Buffett and Charlie Munger have whipped up a festival-like atmosphere. The 2017 edition of the meeting, however, was a bit of a downbeat affair.

David Einhorn may be trapped in a terrible paired trade. Legendary hedge fund manager Paul Singer raised $5 billion in 24 hours. And Wall Street is expecting the worst of the retail apocalypse this week.

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Lastly, go inside the "paparazzi-proof" building where penthouses are selling for $55 million.

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