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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
h
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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AI will not give you Fridays off
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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
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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
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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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Top CD rates from major banks June 3, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
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Current price of silver as of Wednesday, June 3, 2026
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Variant raises $222 million for new fund with a thesis of AI, crypto and ‘autonomy’
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Amazon SVP and CFO Brian Olsavsky
Newsletters
How Amazon’s CFO ‘shatters’ expectations and helped power the company to No. 1 on the Fortune 500
By Sheryl EstradaJune 3, 2026
US President Donald Trump looks on during a swearing in ceremony for new Chairman of the Federal Reserve Kevin Warsh in the East Room of the White House in Washington, DC on May 22, 2026.
Economy
Trade war is back on as White House floats a new minimum 10% tariff plan—with carveouts for coffee, beef, and microchip suppliers
By Eleanor PringleJune 3, 2026
Wall Street is beginning to think Trump can’t reopen the Strait of Hormuz
Investing
Wall Street is beginning to think Trump can’t reopen the Strait of Hormuz
By Jim EdwardsJune 3, 2026
Texas is the new capital of the Fortune 500—taking California’s crown
Economy
Texas is the new capital of the Fortune 500—taking California’s crown
By Jacqueline MunisJune 3, 2026
Top CD rates on June 3, 2026: Lock in up to up to 4.30%
Personal Finance
Top CD rates on June 3, 2026: Lock in up to up to 4.30%
By Glen Luke FlanaganJune 3, 2026
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    Crypto
    The Pope quoted Gandalf, called AI a Tower of Babel, and Gen Z atheists can’t get enough
    By Krysta Fauria and The Associated PressJune 2, 2026
The top high-yield savings rates: Up to 5.00% on June 3, 2026
Personal Finance
The top high-yield savings rates: Up to 5.00% on June 3, 2026
By Glen Luke FlanaganJune 3, 2026
Current refi mortgage rates report for June 3, 2026
Personal Finance
Current refi mortgage rates report for June 3, 2026
By Glen Luke FlanaganJune 3, 2026
Current ARM mortgage rates report for June 3, 2026
Personal Finance
Current ARM mortgage rates report for June 3, 2026
By Glen Luke FlanaganJune 3, 2026
Mortgage rates, June 3, 2026
Personal Finance
Mortgage rates, June 3, 2026
By Glen Luke FlanaganJune 3, 2026
Southwest exec says the free bag and assigned seating overhaul is already paying off
Travel & Leisure
Southwest exec says the free bag and assigned seating overhaul is already paying off
By Preston ForeJune 2, 2026
Young man looks sadly at computer at home
Future of Work
Mounting evidence suggests remote work is behind the Gen Z hiring nightmare. Even the New York Fed thinks so
By Tristan BoveJune 2, 2026
Mark Cuban put $500K into a stranger’s rocket company over email. It’s now a SpaceX competitor worth $4 billion
Startups & Venture
Mark Cuban put $500K into a stranger’s rocket company over email. It’s now a SpaceX competitor worth $4 billion
By Sydney LakeJune 2, 2026
Canada is asking to renew the U.S. and Mexico free-trade agreement for another 16 years
North America
Canada is asking to renew the U.S. and Mexico free-trade agreement for another 16 years
By The Associated Press and Rob GilliesJune 2, 2026
‘This administration cooked up a sham deal’: New York sues Trump administration for refunding foreign company $1 billion to end offshore wind project
Environment
‘This administration cooked up a sham deal’: New York sues Trump administration for refunding foreign company $1 billion to end offshore wind project
By The Associated Press and Jennifer McDermottJune 2, 2026
New jobs report shows 7.6 million job openings added in April as layoffs and people quitting their jobs both fell
Economy
New jobs report shows 7.6 million job openings added in April as layoffs and people quitting their jobs both fell
By The Associated Press and Paul WisemanJune 2, 2026
Trump replaces Gabbard with housing chief Bill Pulte, grandson of the founder of one of the country’s largest homebuilders
Real Estate
Trump replaces Gabbard with housing chief Bill Pulte, grandson of the founder of one of the country’s largest homebuilders
By The Associated Press and Josh BoakJune 2, 2026
MIAMI, FLORIDA - OCTOBER 24: A customer pumps gas into their vehicle on October 24, 2025 in Miami, Florida. According to the new Bureau of Labor Statistics data released on October 24, the 12-month inflation rate climbed to 3 percent in September, up from 2.9 percent in August, as gasoline prices rose by 4.1 percent, a major driver of inflation last month. (Photo by Joe Raedle/Getty Images)
Economy
Iran war has cost U.S. families $100 billion between increased military funding and higher oil prices, says Moody’s
By Eleanor PringleJune 2, 2026
Teenager working in ice cream shop
Success
Teens are up against the worst summer job market in nearly 80 years—they’re fighting against hundreds to work at ice cream shops and swimming pools
By Emma BurleighJune 2, 2026
Current price of gold as of June 2, 2026
Personal Finance
Current price of gold as of June 2, 2026
By Danny BakstJune 2, 2026
Andrew Yang speaks during a panel discussion in New York
Startups & Venture
Andrew Yang’s upstart cell phone business acquires Helium Mobile
By Jack KubinecJune 2, 2026
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Personal Finance
Top CD rates from major banks on June 2, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
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ab
C-Suite
It’s not Buffett’s Berkshire anymore as Greg Abel splashes $16.8 billion in cash, hints at different way of doing business
By Josh Funk and The Associated PressJune 2, 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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