💼 Business & Startups

June 17th, 2026

Today's top 2 stories, curated by Daily Direct.

Fortune

One of the most powerful El Niños on record cost the world economy $5.7 trillion. The 2026 cycle might be even stronger

Global warming is supercharging El Niño cycles, and the economic toll is staggering — the last major event wiped $5.7 trillion from the world economy through crop failures, disrupted shipping, and cascading supply chain damage. With the next cycle potentially arriving as soon as 2026 and projected to be even more severe, governments and businesses have a narrow window to prepare. The pattern is clear: El Niño is no longer just a weather event but a systemic financial threat.

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Fortune

Citi, Ford, and Experian share their strategies for scaling AI agents

Executives from Citi, Ford, and Experian revealed at Fortune Brainstorm Tech that deploying AI agents at scale hinges on one critical factor: trust. Building that trust means moving deliberately, with governance structures and human oversight that earn organizational confidence before autonomy is expanded. Their message was clear — companies that rush deployment without establishing credibility risk undermining the very efficiency gains they're chasing.

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