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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

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Teachers in one of San Francisco's richest suburbs are so underpaid that a philanthropist just gave each of them $9,161

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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

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Teachers in one of San Francisco's richest suburbs are so underpaid that a philanthropist just gave each of them $9,161
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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.
Photo of Evergrande's founder on trial
China’s onetime richest man has lost everything but creditors are still owed $300 billion

A court accepted a liquidation against Evergrande’s property development unit a day after 67-year-old founder Hui Kan Yan was sentenced to life in prison.

By The Associated Press and Chan Ho-HimAugust 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
Current price of gold as of August 21, 2026
Current price of gold as of August 21, 2026
By Danny BakstAugust 21, 2026
Current price of silver as of Friday, Aug. 21, 2026
Current price of silver as of Friday, August 21, 2026
By Joseph HostetlerAugust 21, 2026
Gold, silver, or cash: Which has been the better crisis hedge over the last 50 years?
Gold, silver, or cash: Which has been the better crisis hedge over the last 50 years?
By Joseph HostetlerAugust 21, 2026
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
By Joseph HostetlerAugust 21, 2026
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Economy
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Current price of oil as of Aug. 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
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
Baby boomers look richer than ever—but many are retiring with record levels of debt

Decades of home-price gains made older Americans wealthy on paper. Debt and rising costs are making that wealth harder to live on

By Mia OsmonbekovAugust 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
More in Economy
Banking
More in Banking
Today’s top high-yield savings rates: Up to 4.50% on Aug. 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
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
Klarna wants its next CFO in New York. That’s a signal to Wall Street

Niclas Neglén is stepping down as finance chief, and the company’s next CFO will need capital markets credibility, says a recruiting expert.

By Sheryl EstradaAugust 20, 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
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Personal Finance
More in Personal Finance
Current price of Bitcoin for Aug. 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 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
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
Top CD rates today, Aug. 21, 2026: Lock in up to up to 4.50%

CD rates are currently at their highest compared to recent years, with many yielding over 4% APYs

By Glen Luke FlanaganAugust 21, 2026
More in Personal Finance
Investing
More in Investing
Shakeel Lala (L), Ben Robertson and Hardy Michel, co-founders of Marloo.
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
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
Current price of Ethereum for August 20, 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 20, 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
More in Investing
Real Estate
More in Real Estate
Current refi mortgage rates report for Aug. 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
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
Gen Z forced to rewrite the American Dream in the ‘Great Postponement’: Fixer-uppers, side hustles and doing life out of order

“We’ve not seen challenges in terms of affordability like this in more than a generation,” said Wharton professor Susan Wachter.

By Tatiana SatauaAugust 20, 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
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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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
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Philanthropy has long been dominated by the wealthy. This $12 million campaign wants Black Gen Z to see it differently
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New York Times correction over a college basketball player wrongly named at the scene of a shooting leads to $9.25 million jury verdict
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BP ousts chairman months into his tenure, citing ‘important governance standards, oversight and conduct’ concerns
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The next great American tech hub isn’t a city. It’s a corridor between New York and Miami
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Spotify is aiming for 1 billion users and 20% operating margins by 2030. Here’s how it plans to get there
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Spotify is aiming for 1 billion users and 20% operating margins by 2030. Here’s how it plans to get there
By Sheryl EstradaMay 26, 2026
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America turns 250 with a dangerous new problem: We no longer agree on what’s real
By Richard TorrenzanoMay 26, 2026
U.S. President Donald Trump arrives to the commencement ceremony on Cadet Memorial Field at the United States Coast Guard Academy on May 20, 2026 in New London, Connecticut.
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U.S. would only break Iranian ceasefire if there was ‘absolutely no alternative,’ says Deutsche Bank—this weekend was a warning shot
By Eleanor PringleMay 26, 2026
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The Supreme Court handed Trump a Golden Chariot on tariffs — now he just has to take it
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Ali Hussain (left) and Mike MacLennan (right) smile
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Big Four consulting has 2 AI nightmares. KPMG’s answer to both is the same
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America turns 250. Its greatest innovation wasn’t the car or the computer — it was learning to share risk
By Jim WilliamsonMay 26, 2026
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From service to skilled trades: America’s most overlooked workforce pipeline
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Markets rejoice as deal to reopen Hormuz nears, but U.S. forces conduct ‘self-defense strikes’ on Iranian missile sites and boats laying mines
Energy
Markets rejoice as deal to reopen Hormuz nears, but U.S. forces conduct ‘self-defense strikes’ on Iranian missile sites and boats laying mines
By Jason MaMay 25, 2026
Current refi mortgage rates report for May 25, 2026
Personal Finance
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g
Politics
Democrats want to run on corruption. Their own stock trades keep getting in the way
By Matt Brown and The Associated PressMay 25, 2026
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North America
America’s largest oil export hub is so starved of water that it’s been illegal to have a green lawn for 2 years
By Michelle Hummel and The ConversationMay 25, 2026
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You can’t repair your tractor because Hollywood was terrified of the VCR
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Rice feeds more than half the world. It’s also the climate equivalent of 239 million cars
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The economist who wrote the book on sports finance has a number for FIFA’s World Cup haul: $15 billion
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Elon Musk’s best friend could make more than $100 billion from SpaceX’s IPO. His firm is also owed billions by SpaceX
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A billionaire and an A-list actor found refuge in a 37-home Florida neighborhood with armed guards—proof that privacy is now the ultimate luxury
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The top high-yield savings rates: Up to 5.00% on May 25, 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
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Current price of oil as of August 20, 2026placeholder alt text
By Joseph HostetlerAugust 20, 2026
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Teachers in one of San Francisco's richest suburbs are so underpaid that a philanthropist just gave each of them $9,161placeholder alt text
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