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Venezuela oil minister to U.S. companies: ‘It's an entire world waiting to be discovered’

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Current price of oil as of August 20, 2026

3

Meta faces a $1.4 trillion threat that could mean ‘turning in the keys and walking away’—but the stakes of the case reach across tech

1

Venezuela oil minister to U.S. companies: ‘It's an entire world waiting to be discovered’

2

Current price of oil as of August 20, 2026

3

Meta faces a $1.4 trillion threat that could mean ‘turning in the keys and walking away’—but the stakes of the case reach across tech
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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.
Meghan, Duchess of Sussex and Prince Harry, Duke of Sussex
Harry and Meghan’s homecoming comes with a multimillion-dollar tax catch—waiting four years could have shielded their $60 million fortune

The Duke and Duchess of Sussex are returning to the U.K. after living in the U.S. for six years—but they could have had a “much better tax result” sticking around longer.

By Emma BurleighAugust 21, 2026
Eric Schmidt, chief executive officer of Relativity Space and former chief executive officer of Google, during the America Business Forum in Miami, Florida.
Eric Schmidt is reportedly at odds with Google cofounder Sergey Brin over how a $100 million campaign against California’s billionaire tax is spent
By Joshua HongAugust 21, 2026
Donald Trump, standing behind a podium, points in front of him with Scott Bessent standing behind him.
‘Damage from the chaotic tariff regime cannot be refunded’: The $100 billion in refunds have wiped out revenue the import taxes brought in since May
By Sasha RogelbergAugust 21, 2026
CFO turnover at America’s largest companies is on pace to hit 18.3%—the highest since the pandemic
CFO turnover at America’s largest companies is on pace to hit 18.3%—the highest since the pandemic
By Sheryl EstradaAugust 21, 2026
The banking lobby’s bad faith campaign to kill the Clarity Act will backfire
The banking lobby’s bad faith campaign to kill the Clarity Act will backfire
By Omid MalekanAugust 21, 2026
Photo of Evergrande's founder on trial
China’s onetime richest man has lost everything but creditors are still owed $300 billion
By The Associated Press and Chan Ho-HimAugust 21, 2026
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Economy
More in Economy
Scott Bessent is ‘playing with fire’ as the Treasury’s debt buyback risks putting the dollar in a devaluation spiral like the yen, economist warns
Scott Bessent is ‘playing with fire’ as the Treasury’s debt buyback risks putting the dollar in a devaluation spiral like the yen, economist warns

“Markets are primed for Dollar debasement to resume and — as Japan shows — it can be next to impossible to stabilize a currency once it enters a devaluation spiral.”

By Jason MaAugust 21, 2026
Current price of oil as of August 21, 2026

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

By Joseph HostetlerAugust 21, 2026
Wall Street is bemused by Bessent’s bond plan and the unwinding punt on the Japanese yen—he’s hinting he knows something the markets don’t

“What do I know that the market doesn’t know?”

By Eleanor PringleAugust 21, 2026
America faces an affordability crisis like the one from 25 years ago, but needs a fresh solution

We are living in an era when companies must find solutions that are not just lower-cost, but rather higher value. Costco and Walmart are worth a look.

By Amos Winter and Vijay GovindarajanAugust 21, 2026
More in Economy
Banking
More in Banking
Top CD rates from major banks Aug. 21, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Top CD rates from major banks on August 21, 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 21, 2026
Today’s top high-yield savings rates: Up to 4.50% on Aug. 21, 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 21, 2026
Bessent becomes most interventionist Treasury chief in decades

Expanded bond buybacks and yen purchases mark an unusually activist approach, but widening deficits could limit its effectiveness

By Christopher Anstey, Jorgelina do Rosario, Michael Mackenzie, Greg Ritchie and BloombergAugust 20, 2026
Prediction market exec says gambling fight could reach Supreme Court by June

A possible circuit split could determine whether federal commodities law overrides state gambling rules.

By Camila Grigera NaónAugust 21, 2026
More in Banking
Personal Finance
More in Personal Finance
Current price of gold as of August 21, 2026
Current price of gold as of August 21, 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 21, 2026
Gold, silver, or cash: Which has been the better crisis hedge over the last 50 years?

The respite between economic hardships seems to be getting shorter. Here’s how gold, silver, and cash have stood up against crises over the last 50 years.

By Joseph HostetlerAugust 21, 2026
Current price of Bitcoin for August 21, 2026

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

By Joseph HostetlerAugust 21, 2026
Current price of silver as of Friday, August 21, 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 21, 2026
More in Personal Finance
Investing
More in Investing
Current price of Ethereum for Aug. 21, 2026
Current price of Ethereum for August 21, 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 21, 2026
Our AI startup is growing 40% a month helping financial advisers do what they love: giving advice

Our growth has come at a time when the investment landscape is more complicated than ever. It’s no coincidence.

By Hardy Michel, Shakeel Lala and Ben RobertsonAugust 21, 2026
Current price of Bitcoin for August 20, 2026

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

By Joseph HostetlerAugust 20, 2026
Why the bond market is acting like it did before the Great Recession

The 30-year Treasury yield has climbed back above 5%, its 2007 level, as investors confront inflation, deficits and a surge in AI-related borrowing.

By Stan Choe, Christopher Rugaber and The Associated PressAugust 20, 2026
More in Investing
Real Estate
More in Real Estate
Current ARM mortgage rates report for Aug. 21, 2026
Current ARM mortgage rates report for Aug. 21, 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 21, 2026
Current refi mortgage rates report for Aug. 21, 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 21, 2026
Today’s home equity loan and HELOC rates, August 21, 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 21, 2026
Mortgage rates today, Aug. 21, 2026: Rates tick up slightly

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 21, 2026
More in Real Estate
Energy
More in Energy
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Exclusive: Venezuela, sick with hyperinflation, engages the ‘money doctor’ Steve Hanke for a dose of dollarization medicine

The Johns Hopkins professor has spent five decades traveling the world, fighting for the cause of sound money. He’s taking on his biggest dragon yet.

By Shawn TullyAugust 20, 2026
The great climate change Champagne race, as grape ripening shrinks from 100 to 80 days: ‘We’ve never seen anything like it’

Extreme heat and drought have triggered Champagne’s earliest harvest on record, forcing growers to race to preserve the wine’s quality.

By Sylvie Corbet, Nicolas Garriga and The Associated PressAugust 20, 2026
AI is becoming a financial engineering business

As large language models become more interchangeable, balance sheets will matter as much as tech breakthroughs in the AI race. 

By Amit JoshiAugust 20, 2026
‘Capital alone no longer clears a site’: Morgan Stanley says data centers’ big money era is over

Political backlash must now be “underwritten like land, power or labor,” the investment bank said.

By Nick LichtenbergAugust 20, 2026
More in Energy
Crypto
More in Crypto
A picture of Bitcoin with a backdrop of a trading chart.
Bitcoin posts surprise rally as currency nears $70,000 for the first time since June

The U.S. Treasury’s bond-buyback announcement helped send Bitcoin up nearly 6% with one analyst saying a broader recovery may be afoot.

By Camila Grigera NaónAugust 19, 2026
How the UAE has emerged as a ‘leading light’ for tokenization  

Coinbase’s decision to base its global tokenization hub in Abu Dhabi is the latest sign that the emirate’s bet on regulated digital assets is paying off—with $500 billion in GCC assets predicted to move onto blockchain by 2030.

By Melissa HancockAugust 19, 2026
‘The great quantum migration’ is coming as more than $2 trillion in digital assets is at risk—nearly the entire value of the overall crypto market

According to Quantus CEO Christoper Smith, digital assets are secured by elliptic-curve cryptography that is vulnerable to quantum computing.

By Joshua HongAugust 15, 2026
Tether has the gold. Now, CEO Paolo Ardoino is making a bold push into AI

A KPMG audit appears to establish the legitimacy of Tether’s reserves. Meanwhile, the company’s ambitions are scaling far beyond crypto.

By Jeff John RobertsAugust 17, 2026
More in Crypto
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Cybersecurity
‘Adding insult to injury’: Flight attendants accuse Google of creepy deal to access ‘confidential’ data for AI in Spirit Airlines transaction
By Joshua HongAugust 21, 2026
US President Donald Trump delivers remarks during a meeting with cryptocurrency executives in the Roosevelt Room of the White House.
North America
Trump admits tariffs are a tax on America’s love for hamburgers and allows 300,000 metric tons of ground beef imports at ‘below current market prices’
By Joshua HongAugust 21, 2026
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Commentary
AI will not give you Fridays off
By Dan SchawbelAugust 21, 2026
A cheerful woman in yellow headphones waves at her laptop during a video call.
Success
Despite CEOs like Elon Musk pushing in-person office work, a major study of 7,000 workers says remote employees are just as connected—and more engaged
By Preston ForeAugust 21, 2026
CEO of viral backflipping robot company says robots are still years from ‘ChatGPT moment,’ even after investors sent his stock soaring 460%
Innovation
CEO of viral backflipping robot company says robots are still years from ‘ChatGPT moment,’ even after investors sent his stock soaring 460%
By Marco Quiroz-GutierrezAugust 21, 2026
The trick to getting kids to stop trusting AI: Ask it to draw a map of the world
AI
The trick to getting kids to stop trusting AI: Ask it to draw a map of the world
By Jocelyn Gecker, Russ Bynum and The Associated PressAugust 21, 2026
Cuba opened its economy on Washington’s orders. Rubio’s answer: more sanctions
Politics
Cuba opened its economy on Washington’s orders. Rubio’s answer: more sanctions
By Edith M. Lederer and The Associated PressAugust 21, 2026
Fortune 500 Power Moves: Which executives gained and lost power, Aug. 8-21
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Fortune 500 Power Moves: Which executives gained and lost power, Aug. 8-21
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FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’
Magazine
FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’
By Fortune EditorsJuly 15, 2026
  • Taco Bell pulls some items as parasite outbreak spreads
    Retail
    Taco Bell pulls some items as parasite outbreak spreads
    By Daniela Sirtori, Lily Meier, Erinn Gardner and BloombergJuly 14, 2026
sb
Commentary
The national debt is over 100% of GDP and most of Congress is ignoring wishes to rein it in. It’s time to amend the Constitution
By Steve H. Hanke and David M. WalkerJuly 15, 2026
Cantor Fitzgerald eyes blockchain-based IPO shares in new tie-up with Securitize
Crypto
Cantor Fitzgerald eyes blockchain-based IPO shares in new tie-up with Securitize
By Jeff John RobertsJuly 15, 2026
Current price of gold as of July 15, 2026
Personal Finance
Current price of gold as of July 15, 2026
By Danny BakstJuly 15, 2026
19 of Cyclops' members stand smiling at the camera from their offices in Vienna, Austria.
Crypto
Exclusive: Cyclops raises $20 million to help payment companies settle faster with stablecoins
By Camila Grigera NaónJuly 15, 2026
iran
Energy
‘Either for everyone or for no one’: Iran turns oil into a weapon again
By Jon Gambrell and The Associated PressJuly 15, 2026
  • ‘Close to as good as it gets’: Jamie Dimon just offered another warning on bubbly markets as Wall Street had a monster quarter
    Banking
    ‘Close to as good as it gets’: Jamie Dimon just offered another warning on bubbly markets as Wall Street had a monster quarter
    By Mia OsmonbekovJuly 14, 2026
xi
Economy
China’s economy slows to weakest quarterly growth in 3 years
By Chan Ho-Him and The Associated PressJuly 15, 2026
Bank of America CFO Alastair Borthwick
Banking
Bank of America’s AI bet is starting to pay off, its CFO says
By Sheryl EstradaJuly 15, 2026
France will take home at least $27 million from the World Cup—but star player Kylian Mbappé is set to give away his entire share of the prize money
Success
France will take home at least $27 million from the World Cup—but star player Kylian Mbappé is set to give away his entire share of the prize money
By Orianna Rosa RoyleJuly 15, 2026
UCSF medical center
Startups & Venture
Kleiner Perkins, John Doerr, and UCSF Health think healthcare AI has been built all wrong
By Lily Mae LazarusJuly 15, 2026
Salar al Khafaji stands while Sebastiaan Visser sits on a stool in front of a robotics warehouse
Innovation
He sold his last company to Palantir. Now he’s betting $32 million that robots can fix construction’s labor crisis
By Lily Mae LazarusJuly 15, 2026
  • housing
    North America
    The first major housing law since the 1990s skips the one fix that economists say renters need
    By Kirk McClure, Alex Schwartz and The ConversationJuly 14, 2026
‘Re-dollarization,’ not ‘de-dollarization’: Standard Chartered thinks fears over the U.S. dollar are overstated
Asia
‘Re-dollarization,’ not ‘de-dollarization’: Standard Chartered thinks fears over the U.S. dollar are overstated
By Angelica AngJuly 15, 2026
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview at the JPMorgan Global Markets Conference in Paris, France, on Tuesday, May 12, 2026.
Economy
Jamie Dimon understands why people are anti-rich: ‘We have, in fact, left the lower-income folks behind’ and ‘that’s kind of annoying’
By Eleanor PringleJuly 15, 2026
Top CD rates from major banks July 15, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on July 15, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJuly 15, 2026
Photo: President Trump.
Economy
Trump threatens Iran with more bombing as U.S. missile stockpiles decline, the Strait of Hormuz slams shut, and there’s no endgame in sight
By Jim EdwardsJuly 15, 2026
Current price of Ethereum for July 15, 2026
Personal Finance
Current price of Ethereum for July 15, 2026
By Joseph HostetlerJuly 15, 2026
Current price of Bitcoin for July 15, 2026
Personal Finance
Current price of Bitcoin for July 15, 2026
By Joseph HostetlerJuly 15, 2026
Current price of oil as of July 15, 2026
Personal Finance
Current price of oil as of July 15, 2026
By Joseph HostetlerJuly 15, 2026
Current price of silver as of Wednesday, July 15, 2026
Personal Finance
Current price of silver as of Wednesday, July 15, 2026
By Joseph HostetlerJuly 15, 2026
Top CD rates on July 15, 2026: Lock in up to up to 4.40%
Personal Finance
Top CD rates on July 15, 2026: Lock in up to up to 4.40%
By Glen Luke FlanaganJuly 15, 2026
The top high-yield savings rates: Up to 4.50% on July 15, 2026
Personal Finance
The top high-yield savings rates: Up to 4.50% on July 15, 2026
By Glen Luke FlanaganJuly 15, 2026
Current ARM mortgage rates report for July 15, 2026
Personal Finance
Current ARM mortgage rates report for July 15, 2026
By Glen Luke FlanaganJuly 15, 2026
Current refi mortgage rates report for July 15, 2026
Personal Finance
Current refi mortgage rates report for July 15, 2026
By Glen Luke FlanaganJuly 15, 2026
Mortgage rates, July 15, 2026
Personal Finance
Mortgage rates, July 15, 2026
By Glen Luke FlanaganJuly 15, 2026
fl
Economy
Florida’s big tax cut plan assumes a level of migration that has already collapsed 90%
By Matt Brooks, Karin Brewster and The ConversationJuly 15, 2026
A younger man and an older man sit next to each other on a couch, looking down at a cell phone.
Banking
The $124 trillion Great Wealth Transfer is more than just cash: More U.S. businesses are now being inherited than bought, BofA finds
By Sasha RogelbergJuly 15, 2026
Mitsubishi takes over $7.5 billion in U.S. natural gas fields from Aethon, deepening Japanese bet on LNG and the AI boom
Energy
Mitsubishi takes over $7.5 billion in U.S. natural gas fields from Aethon, deepening Japanese bet on LNG and the AI boom
By Jordan BlumJuly 14, 2026
Man speaks into a microphobe
Investing
An SEC email address mix-up is causing confusion and threatening to disrupt its proposal to scrap quarterly reporting requirements
By Amanda GerutJuly 14, 2026
What is dwelling coverage in home insurance?
Personal Finance
What is dwelling coverage in home insurance?
By Joseph HostetlerJuly 14, 2026
NYS Gov. Kathy Hochul standing at a podium
North America
‘New York will lead the way’: NYS Gov. Hochul’s data center moratorium includes a new model for funding AI infrastructure 
By Tatiana SatauaJuly 14, 2026
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Energy
Venezuela oil minister to U.S. companies: ‘It's an entire world waiting to be discovered’placeholder alt text
By Jordan BlumAugust 20, 2026
Personal Finance
Current price of oil as of August 20, 2026placeholder alt text
By Joseph HostetlerAugust 20, 2026
Big Tech
Meta faces a $1.4 trillion threat that could mean ‘turning in the keys and walking away’—but the stakes of the case reach across techplaceholder alt text
By Tatiana SatauaAugust 20, 2026
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