Business · Fortune Technology
The U.K.’s FTSE 100 closed up 0.69% yesterday
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China’s CSI 300 was down 0.85% today.
Key facts
- Trump wants to add nearly $7 trillion to the $39 trillion national debt with his new military budget, watchdog warns by Nick Lichtenberg
- Mercor, a $10 billion AI startup that works with companies including OpenAI and Anthropic, confirms major data breach by Beatrice Nolan
- Paul Krugman smacks down Trump speech with argument that $4 gas is ‘less than half’ of the Hormuz hit
- The most trusted institution to do that, according to the 2026 Edelman Trust Barometer, is not government or philanthropy but rather business
Summary
In today’s CEO Daily: Diane Brady summarizes takeaways from a gathering hosted by Capital, where leaders discussed how to manage the AI transition. The big leadership story: Quiet backlash is brewing against the Walton family, the heirs of the Walmart fortune who remade the retailer’s hometown. The markets: Mixed going into Good Friday and the Easter holiday weekend. Most leaders the reporter talk to acknowledge that AI could create a talent and job crisis, at least in the short term. But there’s also excitement about reskilling, reimagining roles, and the resilience of the U.S. economy.