The Brutalist Report

Fortune

• Russia is suffering from a slow-motion bank run as the Kremlin scavenges for war funding—and it may start seizing recruits for the military too [19d]
• As Trump administration readies economic warfare measures against Iran, top security official vows retaliation ‘in a seismic manner’ [19d]
• Jared Kushner has negotiated with adversaries like Iran as Trump’s envoy. Now he’s talking with the House Democratic leader ahead of midterms [19d]
• ‘This is heartbreaking for me’ — A sailor serving on the USS Abraham Lincoln just found out his father was caught in Trump’s immigration crackdown [19d]
• The Iran war could last ‘deep into 2027’ as the Strait of Hormuz isn’t that closed, allowing more oil to leak out—but major escalation is likely soon [19d]
• Burry says he sold Alibaba, calling it pricey before share sale [19d]
• The Treasury’s recent moves in the bond and currency markets add up to ‘soft-form financial repression’ to lower debt costs, economist warns [19d]
• Earth’s forests took 100,000 years to recover from the last climate shock — this one is moving 10 times faster [19d]
• Reno’s mayor to residents near a fast-growing wildfire: your life matters more than your house [19d]
• Trump panic mounts as judge rules his financial records fair game in his own BBC defamation lawsuit [19d]
• Nancy Kassebaum Baker said she’d ‘rather cuddle up and do needlepoint all day,’ but became a rare Republican to call for Trump’s impeachment [19d]
• A California house painter taught himself about gibbons 50 years ago — and now his center is a world-leading rescue facility [19d]
• Japan’s PM is barely sleeping and rarely leaving her office in the name of ‘efficiency.’ Her approval rating disagrees [19d]
• ‘We’re going to hit back’ — Canada does what many other U.S. allies have avoided: risk economic pain rather than yield to tariff pressure [19d]
• The U.S. picked the Mexican state without screwworm to reopen the border. Then it got screwworm [19d]
• Traders bet bitcoin was stuck below $67,000. The Treasury blew that trade up in one afternoon [19d]
• Your boss’s monitoring app didn’t just watch you — it shared your data to Facebook and a Russian search engine [19d]
• Buc-ee’s Buckeye backlash as beaver infringement lawsuit infuriates Mini Mart maniacs in Ohio [19d]
• Taxing all 938 billionaires at 100% wouldn’t stop the $40 trillion national debt, says Elon Musk. Bernie Sanders says tax them 5% and send you a check [19d]
• Despite his $2.6 billion net worth, MrBeast said he’s had to borrow cash and didn’t even have enough money in his bank account to buy McDonald’s [19d]
• The tax escape map: Billionaires are bolting for Florida from the West Coast and taking some $29 billion in tax revenue with them [19d]
• Meet the 18-year-old junk remover who vibe-coded his own pricing calculator and makes up to $15,000 a month [19d]
• ‘I had no one to bird with who wasn’t 20 years older than me’: Meet the Gen Zers who transformed grandma’s hobby into an analog craze [19d]
• The CEO of $1.2 billion learning platform Preply says it all started with his online search for an English tutor [19d]
• OTC Markets CEO: 250 years of market history just collided with a new SEC rule [19d]
• American billionaires are showing off their farmland for elaborate hobbies, but a buying spree among the ultrarich risks pricing farmers out [19d]
• Women want ‘dads,’ not ‘duds’: A Nobel-winning historian has a theory for falling birthrates, but the economics aren’t so straightforward [19d]
• Mark Walter’s sports empire offers a glimpse of the money machine behind private credit—and the plumbing keeping it together [19d]