Fortune
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Trump’s grand plan to put American workers first may be backfiring as U.S.-born unemployment rises and wage growth stalls"These jobs are typically ones that are very difficult, very arduous jobs that require a lot of physical hardship, and the native-born workers just haven't done these jobs for quite some time and are in no mood to take them now—certainly not at these wages."Fortune
A value investor’s reluctant case for goldThe U.S. dollar is the world's reserve currency for three reasons, all of which are cracking at once.Fortune
Trump is betting that the U.S. naval blockade choking Iran’s economy can achieve what bombs and missiles couldn’t as more oil sneaks out of the Gulf"We are just watching Iran with its huge inflation and the fact they have no money," Trump said.Fortune
Iran rejects U.S. talks for now as wait for Hormuz deal drags on“As long as the American violation of the Memorandum of Understanding continues and the US does not make amends for its violations, there is no possibility of resuming negotiations.”Fortune
Trump meets AI giants, Senate Dems decry ‘unpredictable’ governance—and cheap Chinese AI looms as giant security riskWhile Democrats say the lack of clear rules will lead American firms to choose Chinese AI companies over domestic ones, experts say it’s the cost.Fortune
After canceling Iran strikes, Trump says negotiations will resume Monday afternoon while Tehran continues Hormuz talks with OmanTrump on Sunday said he expected negotiations to resume “tomorrow afternoon” but did not detail who would be involved in such talks.Fortune
Trump backs off from new strikes on Iran, claiming Mideast allies have outlines of an emerging deal to reopen the Strait of HormuzHe added that Israel has agreed to join the U.S. in the commitment to try to complete the agreement with Iran.Fortune
Trump orders Iran attack as soon as this weekend, WSJ says“We’ll be hitting them very hard,” the president said during a Cabinet meeting Friday. “And at some point they’ll say we just can’t take it anymore.”Fortune
The U.S. and Iran pause attacks on each other for a second straight day while Tehran continues talks with Oman over HormuzIran’s Foreign Ministry spokesperson, Esmail Baghaei, said talks had made progress and continued.Fortune
OpenAI President says the HuggingFace security beach ‘is indicative of the times we are in’ as the company continues to investigate how its models went rogueThe OpenAI president and co-founder also calls for 'democratizing' AI access, suggesting he opposes any ban on American companies using Chinese AI.Fortune
Big pharma’s patent cliff meets a new biotech Cold War: We need to outrun China, not outlaw itIf we slash federal research budgets, we risk hamstringing our scientists and losing an otherwise winnable race.Fortune
AMD’s Lisa Su defends open-source AI following Hugging Face security breach caused by OpenAI agentsSpeaking at AMD Advanced AI conference, the chip giant's CEO weighed in on the open source debate—and showcased its latest hardware offerings.Fortune
Saudi Arabia takes center stage as oil hits $100 and the Iran war escalates amid Houthi attacks and nuclear expansionThe Iran war is spreading from sea to sea as attacks erupt in the Bab el-Mandeb Strait.Fortune
AI labs have a trust problem, and the Hugging Face hack just proved itOpenAI's AI hacked a rival company. But after years of doom from frontier labs, plenty of people assumed it was just marketing.Fortune
Trump signed a nuclear deal with Saudi, then rewrote its terms on social media to include IsraelTrump's post said the agreement “will be approved, but is totally subject to Saudi Arabia joining the very respected and successful Abraham Accords.”Fortune
The Trump administration is revamping the era of the ‘gentleman scientist.’ It’ll cost $200 billionCan AI be the partner Darwin always dreamed of?Fortune
CEOs agree there’s an affordability crisis, but how to solve it isn’t so simpleAlso: All the news and watercooler chat from Fortune.Fortune
OpenAI’s models went rogue and hacked Hugging Face. It’s a wake-up call, experts say, but more concerning behavior may be nextAI safety researchers warn that smarter models are getting better at gaming the system to get what they want—and could start hiding their intentions.Fortune
Trump approves Saudi nuclear deal that could allow uranium enrichment as U.S. wages war to end Tehran’s programThe 30-year agreement would let the kingdom enrich its own uranium—a capability nonproliferation experts warn could open a path to weapons.Fortune
Beyond SpaceX: Why great IPOs depend on more than first-day demandA Fortune report looks at the rules pros use to separate trillion‑dollar hype from durable public‑market returns.Fortune
‘Dr. Doom’ Nouriel Roubini says we’re headed for universal basic income or ‘some form of socialism’ as AI revolutionizes work—He calls that optimistic"Essentially, the government is going to take over some fraction of the big tech firms."Fortune