Fed’s Goolsbee says AI is ‘not far’ from overheating the economy

Good morning. On Fortune’s radar today:

• Exclusive: Fed’s Austan Goolsbee says AI may cause ‘aggregate overheating.’
• Data centers are an ‘anchor’ around the neck of Republican midterm candidates.
• We’re about to hit peak capex growth—Wells Fargo.
• Iran, U.S. intensify retaliatory strikes in ‘tanker for tanker’ war.
• Who stole 33,984 cans of Pabst Blue Ribbon?

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This story was originally featured on Fortune.com