Jim Edwards

Read the whole thing here: fortune.com/2026/05/17/jef…

Perhaps most seriously in terms of Epstein’s victims—the women and girls he raped and trafficked—Deutsche maintained a special account for Epstein until it was emptied May 2019 and closed two months later. It was named “The Butterfly Trust. "

Deutsche Bank claimed in a consent order with the New York Department of Financial Services to have ended its relationship with Jeffrey Epstein on Dec. 21, 2018.

And, as emails reviewed by Fortune show, Deutsche staff who asked questions about who these women were, and why they received large amounts of cash, were brushed off by Epstein’s client-handlers at the bank. The account was one of two still open days after Epstein’s arrest.

It was used to make nearly $3 million in payments to “alleged co‑conspirators or women with Eastern European surnames, for the stated purpose of covering hotel expenses, tuition, and rent,” according to documents filed with New York state.

The reality, as Fortune reveals, is that the bank was still servicing his accounts right up until he was arrested.

Trump tells Fortune how Iran is affecting his interest-rate plans, why he regrets asking for only 10% of Intel, and what will happen when his term is over. fortune.com/2026/05/18/tru…

How Trump’s ‘unusual’ brokerage account traded around his own market-moving decisions—selling hyperscalers and buying energy stocks during the war fortune.com/2026/05/15/tru…

OpenAI is reportedly considering taking legal action against the iPhone maker over Apple’s integration of OpenAI’s ChatGPT chatbot within its Siri virtual assistant. bit.ly/4383F4L

Totally normal politics in Ireland. FT: Irish gangster runs for former finance minister’s seat ft.com/content/5c33a5…

Federal Reserve Governor Stephen Miran said he will resign from the central bank effective once incoming Chair Kevin Warsh is sworn into office, or shortly before. bit.ly/4eO0xSL

Oh no ...

The airplane fuel shortage is a myth propagated by airlines who want to cancel unprofitable flights, says private jet CEO fortune.com/2026/05/14/jet…

Also on the radar today: - Markets: Full steam ahead! - Wall Street doesn’t believe Kevin Warsh can deliver a cut. - AI data center companies are stealing water. - There is no jet fuel shortage, CEO says. - It took 8 years to create Google Sheets. AI cloned it in days.

Wall Street no longer believes Kevin Warsh can do what President Trump wants fortune.com/2026/05/14/wal…

Five London areas together paid more inheritance tax than Scotland and Wales ft.com/content/3bfe4a… via @ft

HUGE jump in US PPI inflation: Powered by an eye-popping 1.4% rise in April, nearly triple the 0.5% consensus, the annual rate has hit 6% (crushing the 4.8% consensus forecast). Core PPI followed suit, surging 1% (vs. 0.3% expected), bringing annual core inflation to 5.2% (consensus was 4.3%). While the mapping isn't 1:1, these numbers strongly suggest that higher consumer inflation is still coming through the pipeline. #economy #markets #inflation

Wells Fargo: AI is a ‘euphoric’ bubble and investors should ride it until it pops fortune.com/2026/05/13/ai-…

Brilliant stuff. pressgazette.co.uk/news/prolific-…

Of more than 200 hotels surveyed across the 11 U.S. host cities for the World Cup, nearly 80% said hotel bookings are tracking below initial forecasts, a new report from the American Hotel and Lodging Association found. bit.ly/4txFSpU