Good morning. In today’s Fortune:

  • It’s Fed day—expect Powell to keep rates at 3.5%.
  • Iran: As Trump rages against his allies, Republicans want to know what the plan is.
  • Chaos in the Gulf is producing ‘butterfly effects’ far away.
  • Why the U.S. doesn’t have enough minesweepers to open the Strait of Hormuz.
  • Prediction markets see the war getting longer.
  • Nvidia might pay engineers in AI tokens
  • Exclusive: AI isn’t destroying consultants, Capgemini says.
  • Exclusive: Hinge CEO on the ‘dating recession.’

This story was originally featured on Fortune.com

Read More