Trump shrinks South Korea war games, citing ‘very good relationship’ with Kim Jong Un

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On Fortune’s radar today: Trump sides with Kim Jong Un on Pacific war exercises.

Markets: buoyant.

Amazon’s Prime Day is now so big it exerts a macroeconomic effect all on its own.

The world’s chokepoints, ranked by risk.

The increasing pace of tech layoffs.

Selena Gomez, alleged venture-capital villain . ➡️ Did someone forward you this email? If you would like to receive this information directly, every morning before the markets open in New York, sign up here .

This story was originally featured on Fortune.com