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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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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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‘Everybody knows you’re out of touch’: Palantir CEO Alex Karp says his own exec told him to stop hyping Foundry

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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

2

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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‘Everybody knows you’re out of touch’: Palantir CEO Alex Karp says his own exec told him to stop hyping Foundry
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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.
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
‘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
By Catherina GioinoOctober 9, 2026
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
By Camila Grigera NaónOctober 9, 2026
‘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
By Jason MaOctober 9, 2026
‘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
By Mia OsmonbekovOctober 9, 2026
Penny Pennington, chief executive officer of Edward Jones, at the Semafor World Economy Summit during the International Monetary Fund (IMF) and World Bank Spring meetings in Washington, DC.
‘The elder daughter phenomenon’: Edward Jones head Penny Pennington said the economy is propped up by eldest daughters
By Joshua HongOctober 9, 2026
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Economy
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‘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
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
Sam Altman says we need another Renaissance. But we really need another Industrial Revolution

A misunderstanding of history risks giving AI a future of elite patronage instead of widespread prosperity.

By Christopher KoopmanOctober 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
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Banking
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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
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SpaceX founder Elon Musk
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
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
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
Current price of silver as of Friday, October 9, 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 HostetlerOctober 9, 2026
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Investing
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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
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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
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Energy
More in Energy
Fortune 500 Power Moves: Which executives gained and lost power this week
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
‘We don’t feel good’: PepsiCo plans price hike on Doritos, Ruffles, SunChips and sodas after offsetting costs with $178 million tariff refund

Yet there are risks for U.S. companies that raise prices in the current economic environment, with so many American households already stretched financially.

By The Associated Press and Dee-Ann DurbinOctober 8, 2026
Current price of oil as of October 8, 2026

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

By Joseph HostetlerOctober 8, 2026
‘Lipstick on a pig’: Trump’s red-dyed diesel plan is more midterms appeal than gas price solution, experts say—and even truckers are calling his bluff

As the Iran war keeps diesel prices above $6 per gallon, analysts say the only way to lower costs is to ease geopolitical tensions.

By Sasha RogelbergOctober 8, 2026
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Crypto
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NFL football field with personnel walking it before the Super Bowl final
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
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
OKX debuts a platform that turns 50 currencies into digital dollars, betting emerging-market investors want stablecoins

“The key gap for people and institutions is settlement,” Haider Rafique, OKX’s global managing partner, tells Fortune.

By Nicholas GordonOctober 5, 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
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AI coding company Cursor, soon to be acquired by SpaceX, expands its CFO council
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AI coding company Cursor, soon to be acquired by SpaceX, expands its CFO council
By Sheryl EstradaJuly 23, 2026
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By Jeremy KahnJuly 23, 2026
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Crypto
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By Camila Grigera NaónJuly 23, 2026
Moonshot, DeepSeek, and the Great Chinese AI IPO Rush
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The GLP-1 paradox: too expensive to cover, too effective to cut
By Bryan Sivak and Elina OnitskanskyJuly 23, 2026
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    Larry Page and Sergey Brin splash $225 million in Miami property as billionaires flee California’s tax—and Google is expanding its office there too
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President Donald Trump makes a statement on the census with Secretary of Commerce Wilbur Ross (L) in the Rose Garden of the White House on July 11, 2019 in Washington, DC.
Economy
Trump faces a catch-22 on Iran because of midterms, says his former commerce secretary: Face inflation furor or withdraw and look weak
By Eleanor PringleJuly 23, 2026
Top CD rates from major banks July 23, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
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The hidden cost of AI: Why your town is negotiating with Amazon and Microsoft
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    Trump said Australia’s system ‘worked out very well’ with $200,000 saved by 67 — so why didn’t he apply that model to Trump Accounts?
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Hasbro’s growth strategy isn’t just about kids anymore—it’s about ‘kidults’
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Thijn Lamers is Co-Founder and President, Noah.
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Europe does not need more ambition. It needs to stop hiding it
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Lamine Yamal of the Spanish National Team poses with the FIFA World Cup trophy following Spain's victory in the World Cup Final.
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Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”
By Joshua HongJuly 23, 2026
‘It’s called StreetEasy, not StreetHard’: Mamdani cracks down on scourge of ‘housefishing’ and ‘real estate slop’
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By Tatiana SatauaJuly 22, 2026
As Washington panics about Chinese AI, Jensen Huang says open-source models like Kimi are ‘excellent’ and should be embraced, not banned
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By Marco Quiroz-GutierrezJuly 22, 2026
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A new group of stocks is transforming global equities markets. Meet ‘Memi,’ the $3 trillion sector fueled by AI’s insatiable hunger for memory chips
By Amanda GerutJuly 22, 2026
Scott Bessent speaks inside the Oval Office.
Economy
Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
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Canadian Prime Minister Mark Carney speaks to US President Donald Trump in front of a window.
Economy
Carney and Trump agree to speed up trade negotiations a day after Trump puts a 50% tariff on Canadian goods
By The Associated Press and Jim MorrisJuly 22, 2026
Trump Accounts draw 6.5 million sign-ups, but some families are still waiting on the promised $1,000 funding
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Trump Accounts draw 6.5 million sign-ups, but some families are still waiting on the promised $1,000 funding
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Nearly 1,000 people dead from Ebola outbreak in Congo amid health worker strike
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‘The man who dies rich dies disgraced’: The last time America had such wealth inequality, Andrew Carnegie knew he had to give it all away
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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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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
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‘Everybody knows you’re out of touch’: Palantir CEO Alex Karp says his own exec told him to stop hyping Foundryplaceholder alt text
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