Browsing: Fortune
America’s never had such high national debt heading into an economic shock. We need a ‘break glass’ plan, think tank warns | Fortune
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The U.S. has never been more financially exposed heading into a potential economic crisis. With the national debt now equal…
Oil prices soar past $110 while Dow futures sink 1,000 points as Iran war spirals into worst-case fears and U.S. eyes special forces mission | Fortune
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Just over a week into the U.S.-Israeli war on Iran, Wall Street has started to price in a prolonged conflict,…
Iran sends conflicting signals on war, highlighting split between leaders looking to de-escalate vs. hard-liners bent on fighting the U.S. and Israel | Fortune
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The Iran war exploded further late Saturday as pillars of flame rose above an oil storage facility in Tehran, and…
Nobel laureate Joe Stiglitz says not only can AI take your job, it’ll make the ‘tech bro’ class richer while doing so | Fortune
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As professor Joseph Stiglitz sees it, AI is not just another technology wave—it’s a force that can erode jobs and…
House votes 219-212 to halt Trump’s attacks on Iran. “Donald Trump is not a king,” says top Dem on Foreign Affairs Committee | Fortune
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It’s the second vote in as many days, after the Senate defeated a similar measure along party lines. Lawmakers are confronting the…
Yes, judge tells Trump: you have to refund all the companies that you charged with illegal tariffs | Fortune
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In a defeat for the Trump administration, a federal judge in New York ruled Wednesday that companies that paid tariffs…
Iran’s revenge: drones damage data centers for Amazon Web Services, reveal west’s Achilles Heel | Fortune
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Damage to three Amazon Web Services facilities in the Middle East from Iranian drone strikes highlights the rapid growth of data centers…
Interest on the $38.8 trillion national debt has tripled since 2020, and it already costs taxpayers more than defense and Medicaid | Fortune
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The United States is now paying nearly $970 billion a year just to service the interest on its $38.8 trillion…
Dow futures plunge nearly 400 points as U.S. attack on Iran sends oil prices soaring, while Trump warns more American casualties are likely | Fortune
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U.S. stock futures pointed to a risk-off trade Sunday evening as investors reacted to the U.S.-Israeli bombardment of Iran over…
The United States and Israel clashed with Iran at an emergency meeting of the U.N. Security Council on Saturday where…