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“Firms can only absorb so much,” Nathan Sheets, Citigroup's top economist and an Obama treasury appointee, told Fortune.

He warns, the consequences of President Donald Trump’s renewed tariff wars will hit regular Americans the hardest. trib.al/FY9iLtg
Top Wall Street economist sees 2 ways tariffs could play out — and neither is good for the average worker | Fortune
Nathan Sheets, Citi’s global chief economist, told Fortune that it's a similar situation to the "devastating" 1930s, but maybe not in the way you think.
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A growing sense of economic pessimism is taking hold in the U.S., as new Fannie Mae survey data reveals nearly 70% of Americans believe the economy is headed in the wrong direction. trib.al/K17fd5j
Nearly 70% of Americans think the economy is on the ‘wrong track’ and it's a bad time to buy a home, Fannie Mae survey shows | Fortune
Americans are short on hope about the housing market.
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YouTube megastar Jimmy Donaldson, the creator behind the platform’s biggest channel MrBeast, is worried there are “scary times” ahead for the creator economy as AI video tools make it increasingly difficult to tell what is real. trib.al/vt5Vzkg
'Scary times': Youtube’s biggest star MrBeast fears AI could impact 'millions of creators' after Sora launch | Fortune
Content creators such as Casey Neistat have warned of the ramifications of Sora, which he called a “TikTok clone where every video is AI.”
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All-cash offers have cemented their place as a formidable force in the U.S. housing market, accounting for nearly one in three home purchases in the first half of 2025, according to the latest analysis from Realtor.com. trib.al/6by2ADe
All-cash offers are still a third of all home purchases, dominated by 'investors and second-home buyers,' data shows | Fortune
All-cash deals were 27.5% of the market in 2019. It's a different world now, according to Realtor.com's Hannah Jones.
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U.S. GDP growth in the first half of 2025 was almost entirely driven by investment in data centers and information processing technology, according to Harvard economist Jason Furman. trib.al/uuOwM9w
Without data centers, GDP growth was 0.1% in the first half of 2025, Harvard economist says | Fortune
Is a U.S. without data centers a country without GDP growth?
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Jeff Bezos, now the fifth-richest person in the world at a $234 billion net worth, founded Amazon when he was 30 years old after about a decade of work experience. trib.al/1yN3vAn
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Transportation Secretary Sean Duffy said Monday that the government shutdown is putting more stress on air traffic controllers who already have an extremely stressful job. trib.al/mCVL188
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Citadel’s Ken Griffin cautioned that America’s market rally is being propped up by policies better suited to a recession than a growing economy. trib.al/o2rrNkD
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Delta CEO Ed Bastian also revealed that, due to aging air traffic control systems, it actually takes longer today to fly from Atlanta to LaGuardia than it did in the 1950s when the airline opened that route. trib.al/QRFHb3q
Delta CEO says air traffic control systems are so outdated that some commercial flight routes were faster in the 1950s than they are today | Fortune
Ed Bastian says it’s still safe to fly, though.
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Sharran Srivatsaa, president of Acquisition.com and a former Goldman Sachs investment banker, recently shared a story on TikTok about how he managed to get hired at Goldman Sachs—a process that apparently required 39 one-on-one interviews. trib.al/ezsdSBk
Entrepreneur says Goldman Sachs once gave him 39 separate interviews to land the job—and the decisive conversation was less than a minute | Fortune
Goldman Sachs' acceptance rate for internships is less than 1%.
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As CEO of a bank that now has 38,000 employees and manages assets of more than $600 billion, DBS chief executive Tan Su Shan faces a formidable challenge: to sustain its extraordinary momentum in a moment marked by geopolitical turmoil. trib.al/p77zv8k
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When President Donald Trump compared “Big Homebuilders” to OPEC in a Sunday evening Truth Social post, he gave a voice to a common populist trope: Greedy developers are hoarding supply of houses and thus driving up costs. trib.al/wrFVOiS
Trump says the American dream is on hold because ‘big homebuilders’ are ‘sitting on’ 2 million empty lots | Fortune
It's an unusual attack, since it resembles Ezra Klein’s “abundance” thesis," and one of Trump's top deputies is a homebuilding heir.
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Anthropic’s newest AI model, Claude Sonnet 4.5, often understands when it’s being tested and what it’s being used for, something that could affect its safety and performance. trib.al/Pjt0uDy
'I think you’re testing me': Anthropic’s newest Claude model knows when it’s being evaluated | Fortune
Anthropic’s Claude Sonnet 4.5 shows some "situational awareness" raising safety and performance concerns
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