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“One thing I’ve learned over the years,” the freshly launched bot muses, “is that rapid, debt-financed build-outs often precede sharp adjustments.”

Also: All the news and watercooler chat from Fortune.

After years of elevated inflation, many Americans are still feeling sticker shock at the grocery store. Food costs continue creeping higher, even as overall inflation has eased from its peak. Now, the Trump administration is turning to tariff exemptions in hopes of slowing the pressure on household budgets.

Capital Economics sketched out a potential scenario where six Fed policymakers vote to keep rates steady while six vote to cut them again.

Albert Edwards says Zohran Mamdani’s policies are “lunacy,” but big companies “laid the seeds for their own destruction.”

China’s U.S. soybean haul has exceeded 1 million metric tons this month. Trump wants China to buy 12 million tons by the end of the year.

The payments will be received no later than Dec. 9, the Federal Aviation Administration said.

Carolyn Dewar told Fortune that CEO succession is so difficult that Intuit’s Brad Smith invited Steve Young in to talk about succeeding Joe Montana.

Tidalwave, which builds agentic AI for mortgage origination, has now raised its $22 million Series A, Fortune has exclusively learned.