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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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‘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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Whole Foods CEO says grocery will turn Amazon from the 'everything store' into the 'everyday store'

1

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

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

3

Whole Foods CEO says grocery will turn Amazon from the 'everything store' into the 'everyday store'

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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.

Person holds up phone showing sports betting stats with a basketball and beers in the background.

Head of prominent gambling addiction nonprofit resigns over $2 million donation from Kalshi

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

‘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

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

By Emma BurleighOctober 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

Two men operate a machine to string guitars.

‘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

By Sasha RogelbergOctober 9, 2026

More in Economy

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

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

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

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

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

More in Economy

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

Current price of gold as of October 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 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

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

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

More in Personal Finance

More in Investing

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

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

Top CD rates from major banks on October 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 HostetlerOctober 8, 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

More in Investing

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

‘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

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

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

‘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

‘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

A sign on Native American land that reads "Indian Reserves #1"

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

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

NYSE owner and crypto exchange OKX seek SEC clearance for tokenized U.S. stock trading

OKXICE’s move comes three months after former New York Gov. Andrew Cuomo became its cochair.

By Camila Grigera NaónOctober 5, 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

Latest stories from Fortune

More FinancePage 66 of 100

Larry Page and Sergey Brin

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

By Emma BurleighJuly 22, 2026

North America
Trump’s $3.47 ‘Freedom Fuel’ gas network leans on an NFL kicking coach, a GOP fundraiser and a N.J. entrepreneur with a fuel theft rap sheet
By Brian Slodysko, Michael Biesecker, Josh Boak and The Associated PressJuly 21, 2026

Personal Finance

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?

By Kris Iyer and The ConversationJuly 22, 2026

Current price of gold as of July 22, 2026

Personal Finance

Current price of gold as of July 22, 2026

By Danny BakstJuly 22, 2026

Trump’s third tariff tantrum piles more dizzying distractions on top of ever-spiraling failures

By Jeffrey Sonnenfeld and Steven TianJuly 22, 2026

orson

We got California to intervene about OpenAI’s corporate switch from nonprofit status. It’s time for the SEC to come to the table

By Orson Aguilar and Catherine BracyJuly 22, 2026

A woman observes stock trends on her smartphone while a computer screen displays financial graphs.

Beyond SpaceX: Why great IPOs depend on more than first-day demand

By Sheryl EstradaJuly 22, 2026

Commentary
What I keep hearing from Fortune 500 CEOs: ‘We have no idea what we’re actually paying for power’
By Kiran BhatrajuJuly 21, 2026

Top CD rates from major banks July 22, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more

Personal Finance

Top CD rates from major banks on July 22, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more

By Joseph HostetlerJuly 22, 2026

Current price of Ethereum for July 22, 2026

Personal Finance

Current price of Ethereum for July 22, 2026

By Joseph HostetlerJuly 22, 2026

Current price of Bitcoin for July 22, 2026

Personal Finance

Current price of Bitcoin for July 22, 2026

By Joseph HostetlerJuly 22, 2026

Current price of oil as of July 22, 2026

Personal Finance

Current price of oil as of July 22, 2026

By Joseph HostetlerJuly 22, 2026

Top CD rates, July 22, 2026: Lock in up to up to 4.45%

Personal Finance

Top CD rates, July 22, 2026: Lock in up to up to 4.45%

By Glen Luke FlanaganJuly 22, 2026

C-Suite
Jersey Mike’s tests how far investors will stretch on restaurant IPO valuations
By Sheryl EstradaJuly 21, 2026

The top high-yield savings rates: Up to 4.50% on July 22, 2026

Personal Finance

The top high-yield savings rates: Up to 4.50% on July 22, 2026

By Glen Luke FlanaganJuly 22, 2026

Current price of silver as of Wednesday, July 22, 2026

Personal Finance

Current price of silver as of Wednesday, July 22, 2026

By Joseph HostetlerJuly 22, 2026

Doug Proctor (left) and Nick Perry (right)

Startups & Venture

Candid Health raises $120 million to take on America’s $280 billion medical billing mess

By Lily Mae LazarusJuly 22, 2026

Current ARM mortgage rates report for July 22, 2026

Personal Finance

Current ARM mortgage rates report for July 22, 2026

By Glen Luke FlanaganJuly 22, 2026

Current refi mortgage rates report for July 22, 2026

Personal Finance

Current refi mortgage rates report for July 22, 2026

By Glen Luke FlanaganJuly 22, 2026

Mortgage rates, July 22, 2026

Personal Finance

Mortgage rates, July 22, 2026

By Glen Luke FlanaganJuly 22, 2026

After SpaceX’s $2 trillion debut, investors are eyeing Anthropic and OpenAI. Market experts share how to play the next trillion-dollar IPO

After SpaceX’s $2 trillion debut, investors are eyeing Anthropic and OpenAI. Market experts share how to play the next trillion-dollar IPO

By Amanda GerutJuly 22, 2026

Billionaire Mike Bloomberg warns Trump’s AI ownership plan would make ‘George Orwell blush’

By Eva RoytburgJuly 21, 2026

Defense Secretary Pete Hegseth sits and speaks at a Senate Committee Hearing

‘Without these funds, we face critical shortfalls’: Hegseth on additional defense spending following $37.5B Iran War price tag

By The Associated Press and Lisa MascaroJuly 21, 2026

A ski worker in winter skiing gear strikes a pose in front of a ski slope in Lesotho.

Travel & Leisure

In Lesotho, the country’s only fully operational ski resort offers snowy slopes for Africa’s ski enthusiasts

By The Associated Press and Mogomotsi MagomeJuly 21, 2026

Moldova’s parliament elects 44-year-old businessman investor Vasile Tofan as prime minister

Moldova’s parliament elects 44-year-old businessman investor Vasile Tofan as prime minister

By The Associated PressJuly 21, 2026

UN’s worst-case scenario: Energy and fertilizer shock from Iran war could push nearly 19 million more into chronic hunger by 2030

UN’s worst-case scenario: Energy and fertilizer shock from Iran war could push nearly 19 million more into chronic hunger by 2030

By Mia OsmonbekovJuly 21, 2026

holland

Arts & Entertainment

‘The audience is telling the industry something’: even IMAX is stunned by Christopher Nolan’s runaway ‘Odyssey’

By Tatiana SatauaJuly 21, 2026

Jamie Dimon says insecurity, not ego, is what destroys the careers of top CEOs

Jamie Dimon says insecurity, not ego, is what destroys the careers of top CEOs

By Marco Quiroz-GutierrezJuly 21, 2026

Welder on a navy boat

Jamie Dimon says six-figure shipyard jobs are the new ‘American Dream’—but candidates will need to endure hours of extreme heat, cold, and rain

By Preston ForeJuly 21, 2026

Knicks star Jalen Brunson

Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase

By Emma BurleighJuly 21, 2026

Current price of gold as of July 21, 2026

Personal Finance

Current price of gold as of July 21, 2026

By Danny BakstJuly 21, 2026

HUD suspends disaster funding to U.S. Virgin Islands housing authority, saying mismanagement has kept $1.3 billion from hurricane survivors

By Danica Coto and The Associated PressJuly 21, 2026

kalshi

Kalshi’s ‘chronically online’ war room figured out World Cup virality — and realized AI might be bringing back the monoculture

By Nick LichtenbergJuly 21, 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 later

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By Orianna Rosa RoyleOctober 9, 2026

‘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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By Joshua HongOctober 8, 2026

Whole Foods CEO says grocery will turn Amazon from the 'everything store' into the 'everyday store'

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By Diane BradyOctober 8, 2026

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