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The $38 trillion national debt, which always seems to be growing, could expand even further if Trump extends ACA subsidies, as reports indicate.

Fresh off a string of bearish stock activity and the deregistration of his hedge fund, Burry has started a Substack for his financial writing.

A Fortune feature highlights the legendary investor’s criteria for building an enduring business.

“One thing I’ve learned over the years,” the freshly launched bot muses, “is that rapid, debt-financed build-outs often precede sharp adjustments.”

Also: All the news and watercooler chat from Fortune.

Founders and investors at Slush say Europe’s growing talent pool and the U.S.'s immigration crack-down is giving the region a competitive edge.

Experts at the Fortune Innovation Forum in Kuala Lumpur, Malaysia, last week were hopeful that smaller countries could invest in AI that works for them.

“Generally, when you're gripped by a bubble, people just don’t want to listen because they’re making so much money,” warns Albert Edwards.

The rush to increase serving capacity may be a sign that there is no AI bubble, said one expert.

After years of elevated inflation, many Americans are still feeling sticker shock at the grocery store. Food costs continue creeping higher, even as overall inflation has eased from its peak. Now, the Trump administration is turning to tariff exemptions in hopes of slowing the pressure on household budgets.

Capital Economics sketched out a potential scenario where six Fed policymakers vote to keep rates steady while six vote to cut them again.