Source: Fortune
Summary
Fortune’s daily briefing features a range of topics, including a warning from a former Fed official’s colleague that higher interest rates may be on the horizon, the impact of AI on job markets, and the latest on the Strait of Hormuz. Additionally, the briefing mentions the potential IPO valuation of OpenAI, a conspiracy theory surrounding Red Lobster’s “Endless Shrimp” promotion, and the latest on the stock market.
Our Reading
The numbers tell one story.
Kevin Warsh’s old colleague is warning of higher interest rates. Goldman Sachs says AI is killing jobs. OpenAI’s IPO valuation is expected to be high. Red Lobster’s “Endless Shrimp” promotion has led to a lawsuit. The stock market is focusing on peace talks between the US and Iran.
Business as usual, despite the chaos.
Author: Evan Null
