
- In today’s CEO Daily: Diane Brady on climate change and corporate leadership.
- The big story: It’s Tariff Day!
- The markets: Down across the board (did we mention it’s Tariff Day?).
- Analyst notes from ING and UBS on tariffs, and Goldman Sachs on expectations for today’s jobs number.
- Plus: All the news and watercooler chat from Fortune.
Good morning. I had hoped to be writing to you from Toronto but my flight was cancelled due to thunderstorms. Storms are nothing new, of course, nor are steamy summers in New York. But 2024 was the warmest year on record and the pattern is continuing this year, impacting every part of the planet. (Japan recorded its highest-ever temperature on July 30 of 41.2 degrees Celsius, or 106.2 degrees Fahrenheit.)