The second world war fixation gets the US into trouble again
The Iran war is the latest mess to spring from the idea that ‘appeasement’ is always wrong
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Oil and stocks buoyed by hopes of US-Iran deal
Iran is reviewing a Washington-backed peace proposal while Trump says conflict will end if both sides strike agreement
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A jittery CEO crowd at Milken looks abroad for growth—and answers
Also: All the news and watercooler chat from Fortune.
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Supermicro CEO insists ‘no one’ beyond indicted employees were involved in alleged $2.5 billion smuggling scheme
CEO and Chairman Charles Liang said Supermicro’s relationship with vendors including Nvidia, AMD, Intel, and Broadcom was “strong” despite the accusations against a Supermicro cofounder. Supermicro stock rose 17% in after-hours trading.
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Over 98% of stablecoins are dollar backed. That’s good for the U.S.—until it’s not
Crypto billionaire says growing global demand for U.S. dollar-backed stablecoins will tempt the government to print more money.
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One American loses their job for every 6 immigrants removed from the workforce as researchers see ‘no evidence’ that ICE is helping the economy
“If anything, job opportunities for U.S.-born workers are going down as a result,” the University of Colorado Boulder’s Chloe East said.