U.S. stock futures tumble as Iran refuses Trump’s ‘deal’ and Strait stays shut

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Good morning. On Fortune’s radar today:

  • Markets: Optimism fading.
  • Analysis: U.S. Supreme Court may be asked to rule whether Kalshi is an illegal bookmaker.
  • Peace talks on ice as Iran declines to come to the table.
  • AI is finally, actually, taking jobs, data shows.
  • Exclusive: CBO chief thinks the $39 trillion debt doomsayers are wrong. Here’s why.
  • Delivery robots to guide blind people around sidewalk hazards.

This story was originally featured on Fortune.com

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