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Fortune

Jim Edwards

President Trump will not get what he wants from Kevin Warsh, a source tells us, as inflation will force the Fed upwards

Kevin Warsh US Federal Reserve

Photo: Kevin Warsh

**Good morning. On Fortune’s radar today:**

Fed whisperer: Warsh’s old colleague says brace for higher rates .
Markets: Ignore the war. Focus on the peace .
Damn the IRGC drones! Traffic through the Strait of Hormuz is improving.
Yikes: Data shows AI really is killing jobs, Goldman Sachs says.
OpenAI’s IPO valuation will be higher than the employee tender offer, investor says.
Must-read: The conspiracy theory behind Red Lobster’s “Endless Shrimp” fiasco .

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Top stories on inkl right now

Federal agents at scene of ICE shooting in Houston didn't have body cameras, DHS says

Federal agents at scene of ICE shooting in Houston didn't have body cameras, DHS says

The Harris County District Attorney’s Office is investigating the fatal shooting of a Mexican homebuilder by U.S. Immigration and Customs Enforcement officers during a traffic stop in Houston

The Independent UK

Signatures submitted for four 2026 ballot measures that would limit legislative changes to the initiative process in Arkansas, Missouri, Montana, and Nebraska

Signatures submitted for four 2026 ballot measures that would limit legislative changes to the initiative process in Arkansas, Missouri, Montana, and Nebraska

In four states—Arkansas, Missouri, Montana, and Nebraska—campaigns submitted signatures for ballot initiatives that would limit legislative changes to the initiative process. Voters could decide the measures in Nov. 2026.

EU Backs Chat Control Extension, but the Bigger Fight Over Encrypted Messages Lies Ahead

EU Backs Chat Control Extension, but the Bigger Fight Over Encrypted Messages Lies Ahead

EU lawmakers backed a temporary extension allowing voluntary CSAM detection but kept encrypted communications outside the rules as Chat Control 2 talks continue.

International Business Times UK

Horrific video shows toddler being tossed to the floor at a daycare and suffering brain injury: Lawsuit

Horrific video shows toddler being tossed to the floor at a daycare and suffering brain injury: Lawsuit

The lawsuit alleges the daycare initially told the parents the child fell only 18 inches from a squatting position

The Independent UK

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FIFA World Cup: Fake racism videos go viral as players, fans face real abuse

FIFA World Cup: Fake racism videos go viral as players, fans face real abuse

AI fake videos, viral hoaxes and real racism are colliding at the FIFA World Cup. From a fake AI-generated Ronald Koeman rant and false claims targeting Algerian fans to the racist abuse of Kylian Mbappé and FIFA investigations, misinformation is spreading alongside genuine discrimination. Vedika Bahl fact-checks the biggest World…

Kidnapped child’s remains found buried in the woods as father and female companion arrested

Kidnapped child’s remains found buried in the woods as father and female companion arrested

The child’s mother told police in June that she had not seen her child since April 2024

The Independent UK

Related Stories

Top stories on inkl right now

Federal agents at scene of ICE shooting in Houston didn't have body cameras, DHS says

Federal agents at scene of ICE shooting in Houston didn't have body cameras, DHS says

The Harris County District Attorney’s Office is investigating the fatal shooting of a Mexican homebuilder by U.S. Immigration and Customs Enforcement officers during a traffic stop in Houston

The Independent UK

Signatures submitted for four 2026 ballot measures that would limit legislative changes to the initiative process in Arkansas, Missouri, Montana, and Nebraska

Signatures submitted for four 2026 ballot measures that would limit legislative changes to the initiative process in Arkansas, Missouri, Montana, and Nebraska

In four states—Arkansas, Missouri, Montana, and Nebraska—campaigns submitted signatures for ballot initiatives that would limit legislative changes to the initiative process. Voters could decide the measures in Nov. 2026.

EU Backs Chat Control Extension, but the Bigger Fight Over Encrypted Messages Lies Ahead

EU Backs Chat Control Extension, but the Bigger Fight Over Encrypted Messages Lies Ahead

EU lawmakers backed a temporary extension allowing voluntary CSAM detection but kept encrypted communications outside the rules as Chat Control 2 talks continue.

International Business Times UK

Horrific video shows toddler being tossed to the floor at a daycare and suffering brain injury: Lawsuit

Horrific video shows toddler being tossed to the floor at a daycare and suffering brain injury: Lawsuit

The lawsuit alleges the daycare initially told the parents the child fell only 18 inches from a squatting position

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

FIFA World Cup: Fake racism videos go viral as players, fans face real abuse

FIFA World Cup: Fake racism videos go viral as players, fans face real abuse

AI fake videos, viral hoaxes and real racism are colliding at the FIFA World Cup. From a fake AI-generated Ronald Koeman rant and false claims targeting Algerian fans to the racist abuse of Kylian Mbappé and FIFA investigations, misinformation is spreading alongside genuine discrimination. Vedika Bahl fact-checks the biggest World…

Kidnapped child’s remains found buried in the woods as father and female companion arrested

Kidnapped child’s remains found buried in the woods as father and female companion arrested

The child’s mother told police in June that she had not seen her child since April 2024

The Independent UK

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Parents’ attachment to phone screens can lead to anxiety in children – study

Teens feel ‘devalued, dismissed or unimportant’ when parents snub them in favor of phones, new research finds

The Guardian - US

The Hidden Cost of ‘Convenience Culture’—How Tiny Purchases Add Up Over a Year

Have you ever checked your bank statement and wondered where your money disappeared? Many people are surprised to discover that it wasn’t one expensive purchase causing the problem, but dozens of small, convenient ones made almost without thinking. Whether it’s a coffee on the way to work, food delivery after…

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