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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.
MUSCAT, OMAN - Locals visit Muscat Anchorage near the Strait of Hormuz on March 30, 2026 in Muscat, Oman. Several Chinese-owned vessels were reportedly able to transit the Strait of Hormuz today, the day after U.S. President Donald Trump said Iran would allow 20 ships to cross through the vital waterway. (Photo by Elke Scholiers/Getty Images)
Iran’s military may be decimated, but it’s winning the energy war as it controls who gets cargoes through the Strait of Hormuz

The war of attrition in Iran could lead to an Iranian “major victory” if the U.S. withdraws without controlling commerce.

By Jordan BlumApril 4, 2026
rick steves holds american flag
Travel guru Rick Steves is happy to pay more taxes
By Catherina GioinoApril 3, 2026
Checking a bag on United Airlines now costs $10 more as Iran war sends jet fuel costs up nearly 100% in major hubs
Checking a bag on United Airlines now costs $10 more as Iran war sends jet fuel costs up nearly 100% in major hubs
By Rio Yamat and The Associated PressApril 3, 2026
trump
Trump just raised the $39 trillion national debt with the largest budget hike since World War II—and nobody can figure out how to pay for it
By Nick LichtenbergApril 3, 2026
At least one crew member still missing after Iran shoots down 2 U.S. aircraft while Trump says ‘it’s war’
At least one crew member still missing after Iran shoots down 2 U.S. aircraft while Trump says ‘it’s war’
By Sam Mednick, Konstantin Toropin, Seung Min Kim and The Associated PressApril 3, 2026
Best certificates of deposit (CDs) for April 2026
Best certificates of deposit (CDs) for April 2026
By Glen Luke FlanaganApril 3, 2026
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Economy
More in Economy
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MIT created duplicate AI workers to tackle thousands of different tasks. The verdict? Most of the time AI is still just ‘minimally sufficient’

AI is improving fast, but it has a long way to go before it can outperform humans in demanding tasks.

By Tristan BoveApril 3, 2026
Jamie Dimon says the U.S. was right to go to war with Iran: ‘Why the Western world put up with all these proxy wars for 45 years is kind of beyond me’

America’s top banker says the war’s ultimate potential upside would cancel out the current volatility, and he’s speaking for a big constituency.

By Tristan BoveApril 3, 2026
The jobs report looks good ‘for the wrong reasons,’ top economist warns: It’s hiding how many Americans are giving up

The strong March number takes rate cuts off the table, and lets the Fed focus squarely on inflation.

By Eva RoytburgApril 3, 2026
Bernie Sanders calls out Bezos, Musk, Bloomberg, and Buffett in billionaire tax push: ‘The richest people in America have never ever had it so good’

The Vermont senator had some harsh words for billionaires who aren’t paying their fair share of taxes.

By Catherina GioinoApril 3, 2026
More in Economy
Banking
More in Banking
Red Lobster is reportedly bringing back Endless Shrimp 2 years after the CEO vowed it would never return
Red Lobster is reportedly bringing back Endless Shrimp 2 years after the CEO vowed it would never return

Red Lobster is reportedly exploring a limited-time version of the Endless Shrimp promotion that could start as early as this month.

By Sydney LakeApril 3, 2026
Top CD rates from major banks on April 3: 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 HostetlerApril 3, 2026
Top CD rates from major banks on April 2, 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 HostetlerApril 2, 2026
Today’s top high-yield savings rates: Up to 5.00% on April 3, 2026

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

By Glen Luke FlanaganApril 3, 2026
More in Banking
Personal Finance
More in Personal Finance
The Wells Fargo logo on a green layered background.
Wells Fargo CD rates 2026: How to qualify for the best returns

Wells Fargo offers several CD options that go toe-to-toe with just about anyone.

By Joseph HostetlerApril 3, 2026
Current price of Ethereum for April 3, 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 HostetlerApril 3, 2026
Current price of oil as of April 3, 2026

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

By Joseph HostetlerApril 3, 2026
Current price of Bitcoin for April 3, 2026

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

By Joseph HostetlerApril 3, 2026
More in Personal Finance
Investing
More in Investing
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The world’s wealthiest families adopt these 7 key habits for success, according to JPMorgan

The secret to building serious wealth comes down to how often you pick up a book—a habit top minds like Bill Gates and Warren Buffett embrace.

By Preston ForeApril 3, 2026
What it takes to retire comfortably in America: Nearly $1.5 million, Northwestern Mutual says

The price tag on a comfortable retirement keeps climbing—and most Americans are nowhere close.

By Sydney LakeApril 3, 2026
Gen Z millionaires are rushing into crypto—and they blame the risky bet on FOMO, or fear of missing out

As trillions shift to younger generations, high-net-worth Gen Z and millennials are betting on crypto at far higher rates than Gen X or boomers.

By Preston ForeApril 2, 2026
Why American billionaires are abandoning Wall Street for English soccer clubs

The structure and culture of global football is the perfect fit for Wall Street’s animal spirits.

By Andrés MartinezApril 2, 2026
More in Investing
Real Estate
More in Real Estate
Mortgage rates today, April 3, 2026
Mortgage rates today, April 3, 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 FlanaganApril 3, 2026
Current refi mortgage rates report for April 3, 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 FlanaganApril 3, 2026
Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns

The next wave of the migration story is already underway, and it’s moving the innovation economy into unexpected territory.

By Sydney LakeApril 2, 2026
Current ARM mortgage rates report for April 3, 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 FlanaganApril 3, 2026
More in Real Estate
Energy
More in Energy
Energy markets are having a Wile E. Coyote moment as oil supplies go off a cliff, expert says
Energy markets are having a Wile E. Coyote moment as oil supplies go off a cliff, expert says

“Unless Strait of Hormuz transit resumes, the stress in refined products and the shortages we’re seeing across Asia will spread, and quickly.”

By Jason MaApril 3, 2026
France, South Korea say they’ll work together on reopening Strait of Hormuz

The two leaders did not take questions and did not elaborate on how they would help reopen the strait.

By Kim Tong-Hyung, Hyung-Jin Kim and The Associated PressApril 3, 2026
After renewable power’s record-smashing 2025, the Iran war could accelerate the shift as countries seek ‘structurally more resilient’ energy, UN says

From Asia to Europe, people are rushing to electrify wherever they can.

By Tristan BoveApril 2, 2026
Paul Krugman smacks down Trump speech with argument that $4 gas is ‘less than half’ of the Hormuz hit. Here’s what he’s talking about

Several other essential commodities cross the critical choke point, and a prolonged closure of the strait could injure American consumers.

By Jake AngeloApril 2, 2026
More in Energy
Crypto
More in Crypto
picture of the word "solana"
Latest crypto hack sees thieves make off with $280 million from Solana DeFi platform Drift

The stolen funds are likely linked to North Korea, according to a blockchain intelligence firm.

By Carlos GarciaApril 2, 2026
Jack Dorsey and Roelof Botha think AI can make middle management obsolete 

The Silicon Valley execs want companies to function as a “mini artificial general intelligence,” and leave traditional corporate hierarchy behind.

By Jacqueline MunisApril 2, 2026
Prediction markets caught insider traders in real time. Congress wants to shut them down anyway

Blockchain-based platforms Polymarket and Kalshi are doing what Wall Street regulators never could—leaving a public, immutable trail of suspicious trades.

By Nic PuckrinApril 2, 2026
I knew about North Korean hackers—they still tricked me and got into my computer

A source reached out to me over Telegram. I didn’t realize his account was compromised until it was almost too late.

By Ben WeissApril 2, 2026
More in Crypto
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SuccessMeet a 27-year-old software engineer who turned a 1.0 GPA in high school into a six-figure career at American Express
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