The Brutalist Report

Fortune

• Michael Burry just shorted Caterpillar’s 172% AI rally. One analyst says his bet won’t even matter [19d]
• AI’s $2.2 trillion deficit fix is already half fake, economists say [19d]
• The sports economy is unaffordable at the bar, let alone the stadium [19d]
• Trump fights fraud by freezing funding for New York’s Medicaid Fraud Control Unit [19d]
• Anthropic’s Fable model is back. But U.S. AI policy is still a mess [19d]
• Scott Bessent goes after the top Mexican cartel’s new billion-dollar business: gas stations [19d]
• Trump trots out the C-word — communism — not getting the memo that capitalism has been largely discredited with Gen Z [19d]
• California bans ‘sell by’ labels to curb food waste and emissions [19d]
• Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs [19d]
• No holiday for New York City cops, who get a heat wave, World Cup and a Taylor Swift wedding at MSG [19d]
• Taylor Swift and Travis Kelce’s wedding at Madison Square Garden will run from 5pm on Friday until maybe 4am on July 4th, permit says [19d]
• Taylor Swift, Travis Kelce donate $26 million to charities ahead of rumored Madison Square Garden wedding [19d]
• Trump visits new Teddy Roosevelt library in the badlands: ‘He had a freakin’ wild life’ [19d]
• NYPD confirms ‘an event that we are tracking at Madison Square Garden on Friday night,’ declines to comment on Taylor Swift wedding [19d]
• The World Cup is a smash but America still isn’t a soccer country, poll suggests [19d]
• Some states are starting to crack down on companies that foist their workers onto Medicaid [19d]
• Trump’s $46 billion ‘smart wall’ with Mexico bets on AI and scale [19d]
• Russia’s economy is ‘sputtering,’ and Putin’s wartime spending model has pushed the country to an ‘economic, political, and military abyss’ [19d]
• India and Japan just made “economic security” a shared mission [19d]
• AI “grief videos” turn mourning into a $390 service in South Korea [19d]
• ‘It’s a very strong deal. Nobody knows what it is’: Trump completes transformation from Master of the Deal to Great Equivocator [19d]
• Securitize is latest crypto company to go public as BlackRock-backed firm sees stock jump 3% on debut [19d]
• Mark Zuckerberg feeds his cows macadamia nuts and beer to create the ‘highest-quality beef in the world’ on his $300 million estate in Hawaii [19d]
• A 2-year taste of the office was enough to make 3 grads quit. Now they run a $13.2 billion investment firm: ‘We didn’t want a traditional job again’ [19d]
• Economists have found an answer to slowing cognitive decline: Avoid retiring early, study finds [19d]
• ‘More fizzle than sparkle’: June jobs report fails to launch a July 4 firework [19d]
• Americans are escaping the U.S. for New Zealand where house prices have hit a new low—but only wealthy Americans with $3 million spare can invest [19d]
• This investor won’t back startups unless staff are in the office 6 days a week: ‘Not because I don’t have empathy, because they’re going to fail’ [19d]
• Former Iran director at NSC: Crypto legislation is a ticket to sanctions evasion [19d]
• Trump stopped talking about these media stocks, but his portfolio didn’t stop trading them [19d]
• McKinsey chairs: Building a more resilient industrial base may require $2 trillion in investment [19d]
• A truck-bed coating company, a UFC birthday party, and an algae bloom: Inside Trump’s $14 million Reflecting Pool fiasco [19d]
• Current price of oil as of July 2, 2026 [19d]
• ‘A witches’ brew’: Washington’s ethics establishment reacts to Trump’s $2.2 billion windfall — they’re shocked but not surprised [19d]
• Why build AI data centers in a cornfield when Saudi Arabia has cheap oil and cheaper power? [20d]
• Economy disappoints with half as many jobs created in June, and May and April gains revised downward [20d]
• Why CFOs should pay attention to Open USD—the new stablecoin backed by more than 140 companies [20d]