by John Hill | Jul 21, 2026 | Uncategorized
As of 6:20 a.m. Eastern Time today, oil is trading at $89.93 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s $1.71 above yesterday morning’s level and about $20.50 higher than where it stood a year ago. Oil price per barrel % Change Price of...
by John Hill | Jul 21, 2026 | Uncategorized
J.P. Morgan Chase CEO Jamie Dimon says he is against investing his personal wealth any further into long-dated Treasury bills because of the potential for a bond market crisis brought on by the U.S.’s $39 trillion in national debt. Dimon has continually lobbied...
by John Hill | Jul 21, 2026 | Uncategorized
Good morning. On Fortune’s radar today: EXCLUSIVE: Bill Ackman talks to Fortune about his war against socialism. Markets: Ignore the bombs, look at the numbers. Peace plan would give Iran control of the Strait of Hormuz. Wall Street is skeptical about Trump’s new...
by John Hill | Jul 21, 2026 | Uncategorized
Welcome to this week’s Fortune Gulf Brief. We’ll be covering: From truce to turmoil: Hormuz traffic plunges as U.S.-Iran conflict reignites Saudi-backed Lucid Motors taps restructuring firm in latest cost-cutting drive Uber’s $14.8 billion acquisition puts Gulf...
by John Hill | Jul 21, 2026 | Uncategorized
Before KPMG started selling its AI-deployment model to enterprise clients, it sold it to OpenAI. The frontier lab hired KPMG to build an internal Supply Chain & Fulfillment Orchestration platform — essentially asking the consulting firm to design the kind of...
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