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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

3

Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there

1

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

2

'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

3

Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
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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.
America’s emergency oil reserve is about to hit its lowest level since Reagan was in office
America’s emergency oil reserve is about to hit its lowest level since Reagan was in office

The Trump Administration has drained 66 million barrels from the SPR since the war in Iran began.

By Jordan BlumJune 10, 2026
Mortgage rates today, June 10, 2026
Mortgage rates today, June 10, 2026
By Glen Luke FlanaganJune 10, 2026
Current refi mortgage rates report for June 10, 2026
Current refi mortgage rates report for June 10, 2026
By Glen Luke FlanaganJune 10, 2026
Visa’s CFO downplays the importance of stablecoin and agentic commerce to the U.S. payments giant—at least in the short term
Visa’s CFO downplays the importance of stablecoin and agentic commerce to the U.S. payments giant—at least in the short term
By Angelica AngJune 10, 2026
Current ARM mortgage rates report for June 10, 2026
Current ARM mortgage rates report for June 10, 2026
By Glen Luke FlanaganJune 10, 2026
A $7 billion horse race: Goldman Sachs and Morgan Stanley battle for ‘lead left’ position ahead of OpenAI and Anthropic IPOs
A $7 billion horse race: Goldman Sachs and Morgan Stanley battle for ‘lead left’ position ahead of OpenAI and Anthropic IPOs
By Shawn TullyJune 10, 2026
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Economy
More in Economy
President Donald Trump signing an executive order introducing a $100,000 fee for H-1B visas.
Trump’s $100,000 visa fee is dead in one court and alive in another, setting up Supreme Court brawl

H-1B visas are meant for high-skilled jobs that are difficult to find American workers to fill.

By Michael Casey and The Associated PressJune 9, 2026
China’s exports to the US are surging at a pre-Liberation Day pace, defying Trump’s tariff goals

Chinese exports to the U.S. surged more than 35% from the year before, as analysts say the recent YOY improvement has to do Trump’s tariffs.

By Chan Ho-Him and The Associated PressJune 9, 2026
The Gulf states are betting big on AI: who’s investing where?

Gulf states are now frontrunners in the AI race but competition will only intensify.

By Melissa HancockJune 9, 2026
‘We are rapidly running out of time’: Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

Trustees now project the retirement fund will be depleted in 2032 and the combined system in 2034, putting pressure on the 2026 Senate class to act.

By Nick LichtenbergJune 9, 2026
More in Economy
Banking
More in Banking
Top CD rates from major banks June 9, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Top CD rates from major banks on June 9, 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 HostetlerJune 9, 2026
Today’s top high-yield savings rates: Up to 5.00% on June 9, 2026

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

By Glen Luke FlanaganJune 9, 2026
Top CD rates from major banks on June 8, 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 HostetlerJune 8, 2026
AXA launches a new insurance and wealth platform for HNWIs as Hong Kong wealth surges past Switzerland

Hong Kong insurance policies have become a popular investment option for wealthy mainland Chinese.

By Nicholas GordonJune 8, 2026
More in Banking
Personal Finance
More in Personal Finance
Teenage boy on laptop
Around 22 million teenagers are making their pocket money on video games, online reselling, and in-game platforms like Roblox

The Gen Alpha are making money from their online hobbies and managing multiple streams of income from just 13 years old.

By Emma BurleighJune 9, 2026
Current price of Bitcoin for June 9, 2026

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

By Joseph HostetlerJune 9, 2026
Current price of gold as of June 9, 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 BakstJune 9, 2026
Current price of Ethereum for June 9, 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 HostetlerJune 9, 2026
More in Personal Finance
Investing
More in Investing
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, June 3, 2026
Wall Street dumped nearly $1 trillion in tech stocks by midday—then clawed it back and bought peanut butter and paint

A midday rout in the “Parabolic 7” chipmakers reversed by the close as money fled into the market’s dullest corners.

By Eva RoytburgJune 9, 2026
Mystery NASDAQ selloff adds tension into a make-or-break week for the AI trade

In a week full of inflation prints and record IPOs, investors are de-risking.

By Stan Choe and The Associated PressJune 9, 2026
SpaceX IPO means more to the Gulf than you might expect

The windfalls Gulf sovereign wealth funds are poised to receive will offer a nicely timed boost to their balance sheets.

By Melissa HancockJune 9, 2026
AI stocks are recovering after suddenly tanking last week as oil prices drop more than 3%

The S&P 500 rose 0.2% and pulled back within 2.5% of its all-time high set a week ago.

By Stan Choe and The Associated PressJune 9, 2026
More in Investing
Real Estate
More in Real Estate
A for sale sign in front a Spanish style house
Home sales are finally recovering and outpacing economists predictions even as mortgage rates remain high

Sales rose 3.2% compared with May last year.

By Alex Veiga and The Associated PressJune 9, 2026
Mortgage rates today, June 9, 2026

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 FlanaganJune 9, 2026
Current ARM mortgage rates report for June 9, 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 FlanaganJune 9, 2026
Current refi mortgage rates report for June 9, 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 FlanaganJune 9, 2026
More in Real Estate
Energy
More in Energy
America’s grid is reeling. General Motors offers itself as a distributed utility in disguise
America’s grid is reeling. General Motors offers itself as a distributed utility in disguise

As AI data centers strain the grid, GM wants to turn its EVs and batteries into a solution. Ford has a simpler plan—and the two Detroit rivals are betting on very different futures.

By Nick LichtenbergJune 9, 2026
Tesla cofounder: ‘We should be really worried’ about the U.S. grid as China speeds ahead in the power race

The U.S. must build much more power, storage, and better utilize the existing grid in order to keep the AI boom moving at pace, said Tesla cofounder and Redwood Materials boss JB Staubel at the Fortune Brainstorm Tech conference.

By Jordan BlumJune 9, 2026
Current price of oil as of June 9, 2026

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

By Joseph HostetlerJune 9, 2026
BP’s new CEO Meg O’Neill rips up the energy giant’s playbook—and the ‘green’ era with it

O’Neill, who took over on April 1, is the only woman to serve as CEO of a traditional Big Oil supermajor in Europe or the U.S.

By Jordan BlumJune 9, 2026
More in Energy
Crypto
More in Crypto
Sam Bankman-Fried formally files for pardon—but White House reiterates that FTX cofounder’s odds are slim
Sam Bankman-Fried formally files for pardon—but White House reiterates that FTX cofounder’s odds are slim

After donating to the Democrats before his conviction, the onetime crypto billionaire has recently made overtures to the GOP.

By Camila Grigera NaonJune 9, 2026
Visa and Mastercard are planning to shake up the stablecoin market—but pulling it off won’t be easy

There are talks of a rumored consortium involving Stripe, Coinbase and others. But don’t count on it happening.

By Jeff John RobertsJune 8, 2026
The S&P 500 will initially exclude SpaceX but Elon Musk is coming for your retirement savings anyway

Everything you need to know before you reach the office this morning.

By Jim EdwardsJune 5, 2026
The Class of 2026: Meet the 12 companies making their Fortune 500 debut

From crypto companies to mattress makers, these companies made it in the list’s 72nd year.

By Marco Quiroz-GutierrezJune 5, 2026
More in Crypto
Latest Stories
Man in a white shirt and jacket.
InnovationMarc Lore’s robots make 500 burrito bowls an hour. A human can make 45
By Amanda GerutJune 9, 2026
The entrance to a U.S. Immigration and Customs (ICE) detention facility
North AmericaTexas ICE facility spent $11.5 million on guards, medical services, transportation and meals weeks before the camp even held detainees, GAO finds
By Michael Biesecker, Ryan J. Foley and The Associated PressJune 9, 2026
AI isn’t replacing Hyatt’s salespeople—it’s freeing up a full day of work every week, according to the CEO
AIAI isn’t replacing Hyatt’s salespeople—it’s freeing up a full day of work every week, according to the CEO
By Sharon GoldmanJune 9, 2026
Trump’s 80th birthday present is a UFC cage on the South Lawn of the White House
North AmericaTrump’s 80th birthday present is a UFC cage on the South Lawn of the White House
By Will Weissert and The Associated PressJune 9, 2026
FIFA says ‘market rates’ explain World Cup prices. Economists say the market was rigged by design
Travel & LeisureFIFA says ‘market rates’ explain World Cup prices. Economists say the market was rigged by design
By Catherina GioinoJune 9, 2026
The AI industry spent years chasing bigger models. Now it’s chasing efficiency
AIThe AI industry spent years chasing bigger models. Now it’s chasing efficiency
By Sharon GoldmanJune 9, 2026
Xbox CEO Asha Sharma speaks on stage at Fortune Brainstorm Tech 2026.
Big Tech‘Not an Allbirds Moment’: Xbox’s new CEO says she is grounding the console in gaming roots, not AI
By Sebastian HerreraJune 9, 2026
Trump speaking into a mic.
NewslettersShould Americans get an equity stake in AI? Trump and progressive Democrats float public ownership of AI
By Beatrice NolanJune 9, 2026
More FinancePage 10 of 100
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CommentaryI raised $15 million without VC in one of tech’s most capital-intensive sectors. Here’s what I learned
By Hebron SherMay 29, 2026
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    InvestingStop investing in startups. Become their customer instead
    By Serguei Netessine, Valery Yakubovich, Gary Dushnitsky and Claudio GarciaMay 28, 2026
The ‘imminent’ oil crisis isn’t at the pump—it’s under your hood
EnergyThe ‘imminent’ oil crisis isn’t at the pump—it’s under your hood
By Jordan BlumMay 29, 2026
nela
AINela Richardson has a rare window into how AI is changing work. Her 3 takeaways should make you excited—or very frightened
By Nick LichtenbergMay 29, 2026
Current refi mortgage rates report for May 29, 2026
Personal FinanceCurrent refi mortgage rates report for May 29, 2026
By Glen Luke FlanaganMay 29, 2026
Current ARM mortgage rates report for May 29, 2026
Personal FinanceCurrent ARM mortgage rates report for May 29, 2026
By Glen Luke FlanaganMay 29, 2026
Mortgage rates, May 29, 2026
Personal FinanceMortgage rates, May 29, 2026
By Glen Luke FlanaganMay 29, 2026
  • Top CD rates on May 28, 2026: Lock in up to up to 4.30%
    Personal FinanceTop CD rates on May 28, 2026: Lock in up to up to 4.30%
    By Glen Luke FlanaganMay 28, 2026
Ferrari’s $640,000 electric car is getting roasted online—and its former chairman says it risks ‘destruction of a myth’
InnovationFerrari’s $640,000 electric car is getting roasted online—and its former chairman says it risks ‘destruction of a myth’
By Phil WahbaMay 29, 2026
Top analyst has harsh words for SpaceX debut: ‘We recommend that investors avoid this IPO’
InvestingTop analyst has harsh words for SpaceX debut: ‘We recommend that investors avoid this IPO’
By Shawn TullyMay 29, 2026
Federal vs. private student loans: How to choose (and why it matters)
Personal FinanceFederal vs. private student loans: How to choose (and why it matters)
By Joseph HostetlerMay 28, 2026
A Google engineer is facing federal charges after allegedly using his employer’s confidential data to pocket $1.2 million on Polymarket
InvestingA Google engineer is facing federal charges after allegedly using his employer’s confidential data to pocket $1.2 million on Polymarket
By Marco Quiroz-GutierrezMay 28, 2026
a woman looks at the produce she's buying
EconomyMore Americans are going hungry now than during the pandemic, as people face a ‘remarkable’ rise in food insecurity, New York Fed says
By Jacqueline MunisMay 28, 2026
  • The top high-yield savings rates: Up to 5.00% on May 28, 2026
    Personal FinanceThe top high-yield savings rates: Up to 5.00% on May 28, 2026
    By Glen Luke FlanaganMay 28, 2026
ron
Personal FinanceUBS says Ron DeSantis has a problem with his plan to help 92% of homeowners save on property taxes: His own state’s data
By Nick LichtenbergMay 28, 2026
Former Head of Innovation & Creativity at Disney Duncan Wardle.
C-SuiteIn his 30 years at Disney, he unlocked 2 more hours of park time and left with a Jiminy Cricket statue. He says AI will create ‘time to think’
By Catherina GioinoMay 28, 2026
Jane Fraser defied the ‘glass cliff’ to engineer Citi’s long-awaited turnaround
NewslettersJane Fraser defied the ‘glass cliff’ to engineer Citi’s long-awaited turnaround
By Claire ZillmanMay 28, 2026
Costco CEO Ron Vachris says tech is ‘elevating’ workers,’ not replacing them—as IBM and Delta bosses make the same bet on humans
SuccessCostco CEO Ron Vachris says tech is ‘elevating’ workers,’ not replacing them—as IBM and Delta bosses make the same bet on humans
By Preston ForeMay 28, 2026
Boos, AI-washing, and ‘lower-value human capital’: The psychological traps CEOs are falling into when they botch their AI messaging
C-SuiteBoos, AI-washing, and ‘lower-value human capital’: The psychological traps CEOs are falling into when they botch their AI messaging
By Claire ZillmanMay 28, 2026
lee
CommentaryTexas Stock Exchange CEO: exchanges can build on Exxon’s retail model to rein in proxy advisors
By James H. LeeMay 28, 2026
Inflation hit the highest level in almost three years as the Fed releases the first inflation report under new chair Kevin Warsh
BankingInflation hit the highest level in almost three years as the Fed releases the first inflation report under new chair Kevin Warsh
By The Associated Press and Christopher RugaberMay 28, 2026
Top CD rates from major banks May 28, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceTop CD rates from major banks on May 28, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerMay 28, 2026
Current price of Ethereum for May 28, 2026
Personal FinanceCurrent price of Ethereum for May 28, 2026
By Joseph HostetlerMay 28, 2026
Current price of Bitcoin for May 28, 2026
Personal FinanceCurrent price of Bitcoin for May 28, 2026
By Joseph HostetlerMay 28, 2026
Current price of oil as of May 28, 2026
Personal FinanceCurrent price of oil as of May 28, 2026
By Joseph HostetlerMay 28, 2026
Current price of gold as of May 28, 2026
Personal FinanceCurrent price of gold as of May 28, 2026
By Danny BakstMay 28, 2026
Current price of silver as of Thursday, May 28, 2026
Personal FinanceCurrent price of silver as of Thursday, May 28, 2026
By Joseph HostetlerMay 28, 2026
g
CommentaryWe gave our 5,000 employees a week to do nothing but learn AI. We learned the biggest blockers are human ones 
By Rob GiglioMay 28, 2026
Independent book stores are growing as people look for community in local spaces
RetailIndependent book stores are growing as people look for community in local spaces
By The Associated Press and Hillel ItalieMay 28, 2026
The CFOs steering Big Tech’s trillion-dollar AI bet
NewslettersThe CFOs steering Big Tech’s trillion-dollar AI bet
By Sheryl EstradaMay 28, 2026
robot
CryptoThis professor asked his robot clone about the future: ‘I think robots will coexist with people. Robots are the mirror of human beings’
By Yuri Kageyama and The Associated PressMay 28, 2026
US President Donald Trump during a cabinet meeting at the White House in Washington, DC, US, on Wednesday, May 27, 2026.
EconomyA moonshot to avoid a $39 trillion national debt crisis will rely on AI productivity going even better than bulls are hoping for, says JPMorgan
By Eleanor PringleMay 28, 2026
phone
InvestingGen Z’s Joe Camel moment: how prediction markets learned to speak in memes
By Kaitlyn Huamani, Nick Lichtenberg and The Associated PressMay 28, 2026
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Asia
Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese militaryplaceholder alt text
By Kate O'Keeffe and BloombergJune 8, 2026
Economy
'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032placeholder alt text
By Nick LichtenbergJune 9, 2026
Success
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him thereplaceholder alt text
By Preston ForeJune 8, 2026
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