The Brutalist Report

Fortune

• Stock futures sink while oil spikes as the U.S. Navy looks to block Iran’s exports and break its grip on the Strait of Hormuz [1d]
• A major U.S. gasoline production hub is in such a severe drought that its refineries may be hobbled. ‘We are actively praying for a hurricane’ [1d]
• U.K. won’t take part in Trump’s planned blockade of Hormuz strait [1d]
• Hungarian voters oust Viktor Orbán, a close ally of Trump and Putin, despite late campaign push from JD Vance [1d]
• Blazing hot IPOs, an AI agent craze, and a new word for ‘token’: Here’s what’s happening in the world of Chinese AI [1d]
• Iran’s crumbling economy is the regime’s greatest weakness with prices up 40% since the war began while authorities worry about making payroll [1d]
• Here’s how a U.S. naval blockade of the Strait of Hormuz could work. ‘This is a big task, and it’s a big gamble’ [1d]
• Intuit was an AI pioneer. Why its stock became a SaaSpocalypse casualty [1d]
• Artemis III will practice docking Orion with lunar landers in Earth orbit next year while Musk’s Starship and Bezos’ Blue Moon compete for Artemis IV [1d]
• Oil tankers U-turn in Hormuz as U.S.-Iran talks break down [2d]
• Saudi Arabia says East-West pipeline restored to full capacity [2d]
• In 2011, Barack Obama said it was time to ‘pivot’ to Asia. But 15 years later, the U.S. is still at war in the Middle East [2d]
• Trump says U.S. Navy to impose Hormuz blockade after Iran ceasefire talks end with no deal. ‘No one who pays an illegal toll will have safe passage’ [2d]
• This TikTok sensation sold her startup for $2 billion. Now Pepsi is letting ‘Poppi be Poppi’ [2d]
• ‘Almost unmanageable’: Raising a child in the U.S. now costs more than $300,000 [2d]
• As Iran peace talks fail, Trump and Joe Rogan watch a hobbled fighter triumph in a brutal cage match [2d]
• Haiti stares down starvation as Iran War drives 200,000 into acute food emergency status [2d]
• ‘I just keep seeing a lot of different aspects of life getting more expensive’: New car prices are up 30% over 6 years [2d]
• $12 billion crypto company boss says Gen Z ‘create an absurd amount of chaos’ and make him want to pull his hair out—but he’s betting on them anyway [2d]
• A 93-year-old refused to sell her home to the Masters golf course that’s spent $280 million on expansion: ‘Money ain’t everything’ [2d]
• I grew up in a family of entrepreneurs. Here’s what I had to unlearn to build a $1 billion business [2d]
• Legendary investor says the AI boom masks a deeper crisis: Falling sperm counts, shrinking populations, and vanishing resources [2d]
• Turns out the American middle class didn’t die. It got richer—and felt poorer [2d]
• America is not ready for its own longevity crisis — and 2026 is the wake-up call [2d]
• These cofounders quit corporate jobs, took on $100K in credit card debt, and slept in a Denny’s—now their $1.2B company is backed by Serena Williams [2d]
• The middle manager cuts saving you millions today will cost you everything in 2028 [2d]
• Born in Soviet Union, Grindr CEO was told he had two career options: Learn English or how to shoot a gun [2d]
• ‘People are trying to be creative’: Tariff-battered American companies are so cash-starved they are using refund claims as collateral for loans [2d]
• Former ‘Citgo 6’ political prisoner sees ‘karma’ in Maduro ouster, but Venezuelan oil won’t rebound until there’s true regime change [2d]
• JD Vance leaves Pakistan after marathon talks with Iran end without a deal as Tehran refuses U.S. demand not to develop nuclear weapons [2d]