‘What happens in Paris doesn’t stay in Paris!’ Wall Street fears ‘doom loop’ as ‘France is veering toward a full-blown civil crisis’

Good morning. On Fortune’s radar today:

• Anthropic recruiting for White House lobbying effort for 2028 cycle.
• Trump: No more war until after the midterms.
• Wall Street fears ‘doom loop’ as ‘France is veering toward a full-blown civil crisis.’
• Schneider chairman defends $22.6 billion PTC deal.
• Lack of air conditioning could wipe 2.6% off global GDP.
• How much you need to retire comfortably in every U.S. state: See the list here.

This story was originally featured on Fortune.com