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Jeff Bezos says a 3-day workweek and more single-income households are on the way thanks to AI: ‘It’s going to be difficult to hire people’

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Disney offered a 13-year-old $2 million to sing in ‘The Lion King.’ His mom took $100K plus royalties instead. He’s still getting paid 34 years later

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Current price of oil as of October 9, 2026

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Jeff Bezos says a 3-day workweek and more single-income households are on the way thanks to AI: ‘It’s going to be difficult to hire people’

2

Disney offered a 13-year-old $2 million to sing in ‘The Lion King.’ His mom took $100K plus royalties instead. He’s still getting paid 34 years later

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Current price of oil as of October 9, 2026
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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.
Russia’s deal to supply the U.S. with diesel is unlikely to ease pain at the pump, experts say. ‘It’s kind of shuffling deck chairs on the Titanic’
Russia’s deal to supply the U.S. with diesel is unlikely to ease pain at the pump, experts say. ‘It’s kind of shuffling deck chairs on the Titanic’

President Donald Trump announced Friday that he had struck a deal with Russian President Vladimir Putin to immediately supply the U.S. more than 300,000 tons of diesel.

By Alex Veiga and The Associated PressOctober 10, 2026
EU says trade deal could cut up to 50% of Chinese EV and plug-in hybrid imports and lower tariffs for some European exports to China
EU says trade deal could cut up to 50% of Chinese EV and plug-in hybrid imports and lower tariffs for some European exports to China
By Sam McNeil, Kanis Leung, Elaine Kurtenbach and The Associated PressOctober 10, 2026
Lloyd Blankfein, former CEO of Goldman Sachs
Ex Goldman Sachs CEO got into Harvard University at 16 from public housing—and says higher education is the best way to break into the middle class
By Emma BurleighOctober 10, 2026
Tamboran Resources CEO stands in front of an H&P drilling rig shipped from the U.S. to Australia's Beetaloo Basin.
How U.S. know-how is fracking Australia into a gas boom, from Texas oilmen to Trump’s energy secretary
By Jordan BlumOctober 10, 2026
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What a desert lizard teaches us about patents and the GLP-1 revolution
By Dr. Bowman HeidenOctober 10, 2026
Young Asian woman holding credit card and various expense receipts, handing personal banking and finance with laptop at home.
Gen Z is on track to become the richest generation, but risks getting caught in a ‘cycle that is easy to fall into and hard to break alone’
By Joshua HongOctober 10, 2026
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Economy
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‘Trojan horse’: California’s top 1% pay nearly half the state’s income taxes. Prop 40 opponents warn the billionaire tax could reach everyone else
‘Trojan horse’: California’s top 1% pay nearly half the state’s income taxes. Prop 40 opponents warn the billionaire tax could reach everyone else

The state legislature could modify Prop 40 with a two-thirds vote, but courts would also weigh in on any attempts to stretch the scope to all taxpayers.

By Jason MaOctober 9, 2026
‘A very leaky pipeline’: 1.7 million trade jobs will open each year through 2035—and experts are scrambling to figure out how to fill them

A new report finds a graying workforce and Gen Z retention problems are making it harder to fill ever-expanding skilled trade roles.

By Sasha RogelbergOctober 9, 2026
AI skills could mean bigger paychecks for finance talent

Employers are willing to pay more for new hires with AI expertise, but technical skills are only part of what finance leaders need.

By Sheryl EstradaOctober 9, 2026
Authorities said Houthi-claimed attacks on Riyadh airport killed three Saudi citizens, as airlines suspend at least 124 flights

A deadly attack on Riyadh’s King Khalid International Airport marks a new escalation in the Iran war as oil prices and air travel stay volatile

By The Associated Press, Cara Anna and SALLY ABOU ALJOUDOctober 9, 2026
More in Economy
Banking
More in Banking
Milos Maricic: listen for the AI number on next week’s bank calls
Milos Maricic: listen for the AI number on next week’s bank calls

Economists have described tech bubbles in detail. The most remarkable thing about the AI cycle might be how closely it follows the blueprint.

By Milos MaricicOctober 9, 2026
Top CD rates from major banks on October 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 HostetlerOctober 9, 2026
‘You decided to evade them’: Former HSBC banker ‘clearly in a financial position to pay’ banned from finance for dodging $7,800 in fares

Joseph Molloy was banned not only from working in regulated financial services but also from the railway operator.

By Catherina GioinoOctober 9, 2026
Today’s top high-yield savings rates: Up to 4.50% on Oct. 9, 2026

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

By Glen Luke FlanaganOctober 9, 2026
More in Banking
Personal Finance
More in Personal Finance
‘Are we rich?’ The question billionaire and millionaire parents dread, and what happens when they dodge it
‘Are we rich?’ The question billionaire and millionaire parents dread, and what happens when they dodge it

Parents often hide the scale of family wealth, but it can leave heirs unprepared and spark conflict over philanthropy and succession

By Mia OsmonbekovOctober 9, 2026
‘The elder daughter phenomenon’: Edward Jones head Penny Pennington said the economy is propped up by eldest daughters

Caregiving is a trillion-dollar industry, and eldest daughters take the brunt of it.

By Joshua HongOctober 9, 2026
Current price of gold as of October 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 BakstOctober 9, 2026
Elon Musk just lost his trillionaire status again after three days—but he says ‘it’s not like it’s sitting in a bank account’ anyway

SpaceX founder Elon Musk lost $63 billion in the span of days, falling out of the trillionaire club for the second time.

By Emma BurleighOctober 9, 2026
More in Personal Finance
Investing
More in Investing
Current price of Bitcoin for Oct. 9, 2026
Current price of Bitcoin for October 9, 2026

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

By Joseph HostetlerOctober 9, 2026
Current price of Ethereum for October 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 HostetlerOctober 9, 2026
Disney offered a 13-year-old $2 million to sing in ‘The Lion King.’ His mom took $100K plus royalties instead. He’s still getting paid 34 years later

Jason Weaver’s mom once backed Aretha Franklin. She bet on royalties over Disney’s cash—and it’s paid more than the $2 million he gave up.

By Orianna Rosa RoyleOctober 9, 2026
Is AI the new China Shock?

When China joined the WTO in 2001, that one move set off the largest capital spending boom the world had ever seen. Twenty-five years later, here we are.

By Jared FranzOctober 9, 2026
More in Investing
Real Estate
More in Real Estate
Current ARM mortgage rates report for Oct. 9, 2026
Current ARM mortgage rates report for Oct. 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 FlanaganOctober 9, 2026
Current refi mortgage rates report for Oct. 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 FlanaganOctober 9, 2026
Today’s home equity loan and HELOC rates, Oct. 9, 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 HostetlerOctober 9, 2026
Mortgage rates today, Oct. 9, 2026: Slight tick down for some loan types

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 FlanaganOctober 9, 2026
More in Real Estate
Energy
More in Energy
President Donald Trump walks after speaking at a Columbus Day celebration in the East Room of the White House, Friday, Oct. 9, 2026.
Trump struck a diesel deal with Putin just weeks after signing Russia sanctions. Zelenskyy calls it ‘a weak decision’

With U.S. diesel at $6.23 a gallon, the Treasury Department is easing restrictions on Russian diesel shipments for six months.

By Michelle L. Price, Collin Binkley and The Associated PressOctober 9, 2026
‘I drive a Tesla’: After Elon Musk said he’d lose his job, Delta CEO Ed Bastian says there’s ‘no tit for tat’ as airline unveils earnings miss

Bastian says the Starlink snub was business, not personal, as a 62% fuel jump led to Delta’s first earnings miss in two years.

By Catherina GioinoOctober 9, 2026
Current price of oil as of October 9, 2026

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

By Joseph HostetlerOctober 9, 2026
Fortune 500 Power Moves: Which executives gained and lost power this week

See which Fortune 500 companies are making changes to their C-suite ranks.

By Fortune EditorsOctober 9, 2026
More in Energy
Crypto
More in Crypto
Person holds up phone showing sports betting stats with a basketball and beers in the background.
Head of prominent gambling addiction nonprofit resigns after backlash to $2 million Kalshi donation

National Council on Problem Gambling executive director Heather Maurer required board members to sign NDAs before revealing the donation.

By Camila Grigera NaónOctober 9, 2026
NFL urges Supreme Court to back state gambling rules—breaking with other leagues on prediction markets

The league wants clarity “before another NFL season goes by” to preserve game integrity.

By Camila Grigera NaónOctober 8, 2026
A $443 million memecoin frenzy dissolves into nothing—Robinhood and Circle are latest to taste the memecoin boom-and-bust cycle

Robinhood Chain saw a brief surge in memecoin trading before volumes dropped 96%.

By Camila Grigera NaónOctober 6, 2026
Four tribes partner with Kalshi to launch prediction apps–a move that undercuts Native American opposition to the industry

For tribes left out of the $46 billion casino boom, a disputed industry offers a different path.

By Camila Grigera NaónOctober 7, 2026
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Gen Z tennis star Elena Rybakina turned down 15 colleges to keep playing tennis—now she’s a U.S. Open champion and no. 1 in the world
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Coca-Cola to invest $10 billion in U.S. growth through 2030, says CFO
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Coca-Cola to invest $10 billion in U.S. growth through 2030, says CFO
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Exclusive: The great boomer business handover just got its own Zestimate
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As 10-year Treasury yield hits 5%, debt hawks are eyeing a national debt spiral: ‘If this isn’t a wake-up call, I don’t know what will be’
By Eleanor PringleSeptember 15, 2026
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Exclusive: Expa and Coinbase Ventures-backed Fin.com emerges from stealth with $20 million seed round to build out global stablecoin infrastructure
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A tale of two economies: Why IKEA’s strategy is the antidote to the middle-class margin collapse
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Trump’s ‘largest deregulatory action ever’ in the power sector will keep old coal plants online longer to fuel the AI boom
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Jeff Bezos says a 3-day workweek and more single-income households are on the way thanks to AI: ‘It’s going to be difficult to hire people’placeholder alt text
By Preston ForeOctober 9, 2026
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Disney offered a 13-year-old $2 million to sing in ‘The Lion King.’ His mom took $100K plus royalties instead. He’s still getting paid 34 years laterplaceholder alt text
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Current price of oil as of October 9, 2026placeholder alt text
By Joseph HostetlerOctober 9, 2026
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