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Sign up for Fortune’s CFO Daily newsletter here. Each week day, senior reporter Sheryl Estrada offers an authoritative exploration of the latest trends and news impacting the corporate finance industry and the evolving role of today’s finance leaders.
Federal Reserve Chair Kevin Warsh speaks during a news conference at Federal Reserve Headquarters.
‘We have work to do’: Fed Reserve Chair Warsh suggests rate hike in coming months amid high inflation

Warsh says recent reports on inflation coming down does not tell him “underlying trends have meaningfully improved.”

By Christopher Rugaber and The Associated PressAugust 28, 2026
New York City sends 11,000 more pied-à-terre tax letters as it apologizes to the 1,200 wrongly targeted because it didn’t check 2025 tax returns
New York City sends 11,000 more pied-à-terre tax letters as it apologizes to the 1,200 wrongly targeted because it didn’t check 2025 tax returns
By Catherina GioinoAugust 28, 2026
Trump officially signs executive order directing government to rename Lake Ontario as ‘Lake America’
Trump officially signs executive order directing government to rename Lake Ontario as ‘Lake America’
By Michelle L. Price, Will Weissert and The Associated PressAugust 28, 2026
Pharrell Williams
After decades in the music industry, Pharrell Williams admits he never stops working: ‘If you do what you love everyday, you’ll get paid for free’
By Emma BurleighAugust 28, 2026
Three people stand next to each other and pose for a picture. Herbert Wertheim, wearing a red tie and fedora, stands on the left.
An 87-year-old American billionaire bought the first Ferrari Luce for $40 million, and the purchase could save him $13 million in taxes
By Sasha RogelbergAugust 28, 2026
Kevin Warsh, chairman of the US Federal Reserve, arrives for dinner during the Kansas City Federal Reserve's Jackson Hole Economic Policy Symposium in Moran, Wyoming, US, on Thursday, Aug. 27, 2026.
Kevin Warsh finally threw Wall Street some crumbs on what he’s thinking: ‘There is one signal nobody can miss: 65 months of elevated inflation’
By Eleanor PringleAugust 28, 2026
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Economy
More in Economy
Andrew Cherng speaks into a microphone
Despite working long 12-hour days, billionaire Panda Express co-CEO says he never got burned out: ‘That’s life’

Panda Express billionaire Andrew Cherng says hard work—not work-life balance—helped build his and his wife’s $7 billion orange chicken empire.

By Preston ForeAugust 28, 2026
Trump looks at Republican midterm hopes and has a message for voters: ‘Pretend, please, that I’m on the ballot’

From “TRUMP CONSERVATIVE” to “PROVEN CONSERVATIVE” — the quiet website edits of Republicans bracing for a Trump-less ballot.

By Steve Peoples, Jill Colvin and The Associated PressAugust 28, 2026
Current price of oil as of August 28, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

By Joseph HostetlerAugust 28, 2026
‘I don’t have to announce everything, do I?’ Trump bristles at questions over blocked Hormuz, sanction-free China

As the Iran War marks its six-month anniversary, Trump insists he’s “not in a hurry” to get back to the negotiating table.

By Aamer Madhani and The Associated PressAugust 28, 2026
More in Economy
Banking
More in Banking
Top CD rates from major banks Aug. 28, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Top CD rates from major banks on August 28, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more

A deposit account at a bank you already recognize can be a safe way to earn interest on your money.

By Joseph HostetlerAugust 28, 2026
Today’s top high-yield savings rates: Up to 4.50% on Aug. 28, 2026

Check out the highest savings account rates available today. Some high-yield savings accounts are still offering rates around 5%.

By Glen Luke FlanaganAugust 28, 2026
Top CD rates from major banks on August 27, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more

A deposit account at a bank you already recognize can be a safe way to earn interest on your money.

By Joseph HostetlerAugust 27, 2026
Bitcoin is having a great month—but Solana is doing even better as coin soars above $100

Investors have found fresh reasons to buy Solana beyond Bitcoin’s comeback.

By Camila Grigera NaónAugust 27, 2026
More in Banking
Personal Finance
More in Personal Finance
Current price of gold: Aug. 28, 2026
Current price of gold as of August 28, 2026

Trends in gold prices could indicate whether the asset can protect against inflation. Here’s a look at how the precious metal is doing today.

By Danny BakstAugust 28, 2026
Current price of silver as of Friday, August 28, 2026

Silver is a (comparatively) safe and reliable asset that can help you to preserve the value of your money during times of inflation.

By Joseph HostetlerAugust 28, 2026
Current price of Ethereum for August 28, 2026

Ethereum isn’t just digital money; it’s a decentralized computing platform, meaning users can build and run apps on it without oversight of a company or bank.

By Joseph HostetlerAugust 28, 2026
Current price of Bitcoin for August 28, 2026

Bitcoin is the original cryptocurrency and remains the most popular crypto coin on the market.

By Joseph HostetlerAugust 28, 2026
More in Personal Finance
Investing
More in Investing
A trader works on the floor of the New York Stock Exchange.
Why ‘equal weight’ S&P 500 funds are having a moment—and are up almost 16% this year alone

RSP has topped $100 billion in assets as it outpaces a cap-weighted S&P 500 that’s exposed when Big Tech stumbles.

By Sheryl EstradaAugust 28, 2026
Current price of Bitcoin for August 27, 2026

Bitcoin is the original cryptocurrency and remains the most popular crypto coin on the market.

By Joseph HostetlerAugust 27, 2026
There are a record 3,795 billionaires in the world right now—and just like Jeff Bezos, their favorite investments are sports and philanthropy

Billionaires from Microsoft CEO Steve Ballmer to businessman Robert Kraft are spending their fortunes buying sports teams and funding charitable causes.

By Emma BurleighAugust 27, 2026
Current price of Ethereum for August 27, 2026

Ethereum isn’t just digital money; it’s a decentralized computing platform, meaning users can build and run apps on it without oversight of a company or bank.

By Joseph HostetlerAugust 27, 2026
More in Investing
Real Estate
More in Real Estate
Current ARM mortgage rates report for Aug. 28, 2026
Current ARM mortgage rates report for Aug. 28, 2026

Some homeowners might benefit from an adjustable-rate mortgage over the more common fixed-rate loans. Here’s what to know.

By Glen Luke FlanaganAugust 28, 2026
Current refi mortgage rates report for Aug. 28, 2026

Looking to refinance your mortgage in hopes of getting a lower rate or tapping home equity? See our latest report on average refi rates.

By Glen Luke FlanaganAugust 28, 2026
Today’s home equity loan and HELOC rates, August 28, 2026

By staying on top of home equity loan and HELOC interest rates, you’ll recognize when it’s a good time to apply for these comparatively cheap borrowing options.

By Joseph HostetlerAugust 28, 2026
Mortgage rates today, Aug. 28, 2026: Rates remain stubborn

Compare average mortgage rates on different types of home loans so you can pick the best mortgage for your needs as you house shop.

By Glen Luke FlanaganAugust 28, 2026
More in Real Estate
Energy
More in Energy
Jeanne Jones
Why Exelon’s CFO is stepping into a new strategy role

As electricity demand surges, Exelon is giving its longtime CFO a bigger say in where the company places its biggest bets.

By Sheryl EstradaAugust 28, 2026
Who pays for a shadow fleet oil spill? No one

The most effective way to stop rogue oil tankers may be to call them what they are: an environmental threat.

By Charles Edward GehrkeAugust 28, 2026
Six months into the Iran war, Hormuz is still shut — and now Tehran wants military ships excluded

Iran says commercial vessels would follow designated routes through Iranian and Omani waters, but the proposed framework is not yet binding

By The Associated PressAugust 26, 2026
Current price of oil as of August 27, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

By Joseph HostetlerAugust 27, 2026
More in Energy
Crypto
More in Crypto
Bridge founder Zach Abrams sees an opportunity for ‘tokenized local currencies’ across Asia
Bridge founder Zach Abrams sees an opportunity for ‘tokenized local currencies’ across Asia

The Stripe-owned company sees potential in Asia, where trade-heavy economies need faster cross-border payment rails.

By Angelica AngAugust 28, 2026
Grayscale CEO: Crypto winter has thawed—but market watchers are still missing the point

The CEO of Grayscale explains why the market volatility of the last 18 months barely matters in light of a broader sea change underway in finance.

By Peter MintzbergAugust 27, 2026
Cambodia’s scam-center underworld linked to Mexico’s Sinaloa Cartel and its cryptocurrency millions

Authorities say Southeast Asia is becoming a financial and logistics hub for Latin American criminal groups operating far beyond the drug trade.

By Sopheng Cheang and The Associated PressAugust 26, 2026
Crypto traders turn Dolly Parton’s death into a memecoin frenzy

Tokens commemorating Parton appeared on popular memecoin platforms like Pump.fun, only to crash hours later.

By Camila Grigera NaónAugust 26, 2026
More in Crypto
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Fired Stars and Stripes staffers sue Pentagon, claiming retaliation over reporting on deteriorating aircraft carrier
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Top CD rates today, Aug. 28, 2026: Lock in up to up to 4.50%
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The $40 trillion national debt is growing while Social Security goes broke—because wealthy Boomers are collecting over $100k in benefits per year
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By Tatiana SatauaAugust 27, 2026
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Pete Hegseth is worried about the Pentagon’s ‘Soviet-style bureaucracy,’ but the military’s $285 billion maintenance mess is all-American
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