The Brutalist Report

Fortune

• SEC subpoenas Wall Street banks over Situational Awareness [18d]
• U.S. prepares largest mass visa revocation in history, targeting up to 200,000 foreigners who are seeking asylum [18d]
• Trump readies a new tariff to punish China for its flood of cheap exports—without endangering his trade truce or his summit with Xi Jinping [18d]
• Parents cough up thousands decorating their kids’ dorms even as total college costs hit six figures a year [18d]
• FTC moves to make retailers disclose use of ‘personalized pricing’ as technology now enables broad consumer surveillance [18d]
• Treasury Secretary Scott Bessent becomes the tip of the spear in the war on Iran and the bond vigilantes as the U.S. readies more financial firepower [18d]
• ‘It’s hard to know exactly what the objective of DOGE was’: Former IRS boss warns Elon Musk’s cuts to the tax agency will be felt in years to come [18d]
• Zcash soars to eight-year high amid crypto rally, and hopes of an ETF approval [18d]
• College students are shaving a year off their bachelor’s degrees and saving as much as $20,000. Critics say they’re ‘cutting corners’ [18d]
• Who is Dali Rajic, OpenAI’s new chief revenue officer? [18d]
• Here’s how much the $40 trillion national debt is costing you — whether you have student loans, a mortgage or Social Security [18d]
• America’s energy sector will need 500,000 more workers by 2030 thanks to AI—but unless more workers retrain, humanoid robots will have to step in [18d]
• A flesh-eating parasite shut out Mexican cattle—now record beef prices are forcing Trump to reopen the gate [18d]
• A climate novel imagined a heat wave killing 20 million people—scientists say an ‘extreme of extremes’ is no longer fiction [18d]
• His boss asked if AI could replace human coders. Two weeks later, he and 160 colleagues were laid off in Beijing [18d]
• Trump ripped Obama for flying long distances to play golf. Now he’s flying to the Irish Open [18d]
• ‘Everything we own is gone’: Over 90,000 people in Reno evacuated amidst ‘human-caused’ wildfire [18d]
• The Treasury doubled bond buybacks to bring down borrowing costs. The relief barely lasted [18d]
• Greg Abbott turned from data center ‘epicenter’ booster to skeptic—and Trump is calling it an economic ‘mistake’ [18d]
• Current price of oil as of August 24, 2026 [18d]
• U.S. strikes another boat in Eastern Pacific as death toll tops 210 in anti-cartel war [18d]
• Iran calls U.S. sanctions support ‘act of war’ as its currency crumbles [18d]
• New York added 30,640 tech workers in 3 years, surpassing San Francisco as AI hiring surges [18d]
• At the year’s buzziest blockchain conference, a new crypto powerhouse emerges [18d]
• Uber drivers get paid instantly. Office workers want in. [18d]
• Jack Welch fired him from GE. He became a Fortune 500 CEO 3 years later [18d]
• Mark Cuban wants to solve wealth inequality by making employers choose between paying higher taxes or giving every member of staff company stock [18d]
• Flock Safety has been a venture darling. Will data privacy controversies halt its rise? [18d]
• Apple to launch $2,000-plus foldable ‘iPhone Ultra’ in early September: report [18d]
• Target, Starbucks and Nike are writing the 2026 turnaround playbook. Here are the key lessons [18d]
• Ikea’s real estate arm sponsored a pillow fight in France. Here’s why [18d]
• A $1,000 loan kept MacKenzie Scott in college—now the billionaire philanthropist is giving away her $37 billion fortune to repay it forward [18d]
• Apple lays off staffers ahead of CEO change [18d]
• The U.S. is unlikely to win its ‘dumb trade war’ with Canada. Here’s why [18d]
• Despite a $45 million net worth, Big Bang Theory star Kunal Nayyar still works tough, 16-hour days—he repeats this mantra when he’s overwhelmed [18d]
• Scott Bessent and the bond market: a pointless intervention [18d]
• Feral hogs are running wild in 35 states and the Senate is debating whether to triple funding [18d]
• Google can track exactly how your agent spends your money — but it’s no help when it buys something you didn’t approve [18d]
• The difference between ‘agree to disagree’ and ‘you’re wrong’ — or why you hate that guy who always corrects you [18d]
• American Staffing Association chief economist: The future of work is temporary, and that changes everything about the labor market [18d]
• How Washington’s interest bill on the $40 trillion national debt exploded 14% in just 9 months [18d]
• Meet Flock, the $8 billion startup backed by a16z and Tiger facing growing backlash against surveillance capitalism [18d]
• The company selling a $3,000 mattress cover that billionaires love wants to become a healthcare company that treats sleep apnea [18d]