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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

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Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon

1

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

2

'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

3

Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon
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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.
Sam Bankman-Fried formally files for pardon—but White House reiterates that FTX cofounder’s odds are slim
Sam Bankman-Fried formally files for pardon—but White House reiterates that FTX cofounder’s odds are slim

After donating to the Democrats before his conviction, the onetime crypto billionaire has recently made overtures to the GOP.

By Camila Grigera NaonJune 9, 2026
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, June 3, 2026
Wall Street dumped nearly $1 trillion in tech stocks by midday—then clawed it back and bought peanut butter and paint
By Eva RoytburgJune 9, 2026
America’s grid is reeling. General Motors offers itself as a distributed utility in disguise
America’s grid is reeling. General Motors offers itself as a distributed utility in disguise
By Nick LichtenbergJune 9, 2026
U.S. President Donald Trump on Liberation Day.
China’s exports to the US are surging at a pre-Liberation Day pace, defying Trump’s tariff goals
By Chan Ho-Him and The Associated PressJune 9, 2026
Tesla cofounder: ‘We should be really worried’ about the U.S. grid as China speeds ahead in the power race
Tesla cofounder: ‘We should be really worried’ about the U.S. grid as China speeds ahead in the power race
By Jordan BlumJune 9, 2026
President Donald Trump signing an executive order introducing a $100,000 fee for H-1B visas.
Trump’s $100,000 visa fee is dead in one court and alive in another, setting up Supreme Court brawl
By Michael Casey and The Associated PressJune 9, 2026
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Economy
More in Economy
Photo of Scott Bessent
‘We are rapidly running out of time’: Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

Trustees now project the retirement fund will be depleted in 2032 and the combined system in 2034, putting pressure on the 2026 Senate class to act.

By Nick LichtenbergJune 9, 2026
The Gulf states are betting big on AI: who’s investing where?

Gulf states are now frontrunners in the AI race but competition will only intensify.

By Melissa HancockJune 9, 2026
Lockheed, Palantir, and Amazon helped fund Trump’s White House ballroom. They also share more than $50 billion in federal contracts

Lockheed Martin alone received roughly $43.8 billion in new or expanded contracts.

By Catherina GioinoJune 9, 2026
Around 22 million teenagers are making their pocket money on video games, online reselling, and in-game platforms like Roblox

The Gen Alpha are making money from their online hobbies and managing multiple streams of income from just 13 years old.

By Emma BurleighJune 9, 2026
More in Economy
Banking
More in Banking
Top CD rates from major banks June 9, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Top CD rates from major banks on June 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 HostetlerJune 9, 2026
Today’s top high-yield savings rates: Up to 5.00% on June 9, 2026

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

By Glen Luke FlanaganJune 9, 2026
Top CD rates from major banks on June 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 HostetlerJune 8, 2026
AXA launches a new insurance and wealth platform for HNWIs as Hong Kong wealth surges past Switzerland

Hong Kong insurance policies have become a popular investment option for wealthy mainland Chinese.

By Nicholas GordonJune 8, 2026
More in Banking
Personal Finance
More in Personal Finance
Current price of Bitcoin for June 9, 2026
Current price of Bitcoin for June 9, 2026

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

By Joseph HostetlerJune 9, 2026
Current price of Ethereum for June 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 HostetlerJune 9, 2026
Current price of oil as of June 9, 2026

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

By Joseph HostetlerJune 9, 2026
Current price of gold as of June 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 BakstJune 9, 2026
More in Personal Finance
Investing
More in Investing
Options trader Chris Daytona, right, works on the floor of the New York Stock Exchange, Wednesday, June 3, 2026.
Mystery NASDAQ selloff adds tension into a make-or-break week for the AI trade

In a week full of inflation prints and record IPOs, investors are de-risking.

By Stan Choe and The Associated PressJune 9, 2026
AI stocks are recovering after suddenly tanking last week as oil prices drop more than 3%

The S&P 500 rose 0.2% and pulled back within 2.5% of its all-time high set a week ago.

By Stan Choe and The Associated PressJune 9, 2026
‘We expect it to leak’: OpenAI is frontrunning the narrative around its $1 trillion IPO

Everything you need to know before you reach the office this morning.

By Jim EdwardsJune 9, 2026
SpaceX IPO means more to the Gulf than you might expect

The windfalls Gulf sovereign wealth funds are poised to receive will offer a nicely timed boost to their balance sheets.

By Melissa HancockJune 9, 2026
More in Investing
Real Estate
More in Real Estate
A for sale sign in front a Spanish style house
Home sales are finally recovering and outpacing economists predictions even as mortgage rates remain high

Sales rose 3.2% compared with May last year.

By Alex Veiga and The Associated PressJune 9, 2026
Mortgage rates today, June 9, 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 FlanaganJune 9, 2026
Current ARM mortgage rates report for June 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 FlanaganJune 9, 2026
Current refi mortgage rates report for June 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 FlanaganJune 9, 2026
More in Real Estate
Energy
More in Energy
BP’s new CEO Meg O’Neill rips up the energy giant’s playbook—and the ‘green’ era with it
BP’s new CEO Meg O’Neill rips up the energy giant’s playbook—and the ‘green’ era with it

O’Neill, who took over on April 1, is the only woman to serve as CEO of a traditional Big Oil supermajor in Europe or the U.S.

By Jordan BlumJune 9, 2026
The global airline industry’s profits could be cut in half as it braces for its worst year since the pandemic

Iran’s grip on the Strait of Hormuz is adding $100 billion to airlines’ collective fuel bill this year.

By Marco Quiroz-GutierrezJune 8, 2026
‘We didn’t see this coming’: Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO

Everything you need to know before you reach the office this morning.

By Jim EdwardsJune 8, 2026
Current price of oil as of June 8, 2026

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

By Joseph HostetlerJune 8, 2026
More in Energy
Crypto
More in Crypto
Visa and Mastercard are planning to shake up the stablecoin market—but pulling it off won’t be easy
Visa and Mastercard are planning to shake up the stablecoin market—but pulling it off won’t be easy

There are talks of a rumored consortium involving Stripe, Coinbase and others. But don’t count on it happening.

By Jeff John RobertsJune 8, 2026
The Class of 2026: Meet the 12 companies making their Fortune 500 debut

From crypto companies to mattress makers, these companies made it in the list’s 72nd year.

By Marco Quiroz-GutierrezJune 5, 2026
I bought peptides with crypto. How my purchase helped fuel a $100 million gray-market, ‘looksmaxxing’ economy

Some of the China-based sellers have pivoted from fentanyl to peptides.

By Ben WeissJune 4, 2026
The S&P 500 will initially exclude SpaceX but Elon Musk is coming for your retirement savings anyway

Everything you need to know before you reach the office this morning.

By Jim EdwardsJune 5, 2026
More in Crypto
Latest Stories
Man in a white shirt and jacket.
InnovationMarc Lore’s robots make 500 burrito bowls an hour. A human can make 45
By Amanda GerutJune 9, 2026
The entrance to a U.S. Immigration and Customs (ICE) detention facility
North AmericaTexas ICE facility spent $11.5 million on guards, medical services, transportation and meals weeks before the camp even held detainees, GAO finds
By Michael Biesecker, Ryan J. Foley and The Associated PressJune 9, 2026
AI isn’t replacing Hyatt’s salespeople—it’s freeing up a full day of work every week, according to the CEO
AIAI isn’t replacing Hyatt’s salespeople—it’s freeing up a full day of work every week, according to the CEO
By Sharon GoldmanJune 9, 2026
Trump’s 80th birthday present is a UFC cage on the South Lawn of the White House
North AmericaTrump’s 80th birthday present is a UFC cage on the South Lawn of the White House
By Will Weissert and The Associated PressJune 9, 2026
FIFA says ‘market rates’ explain World Cup prices. Economists say the market was rigged by design
Travel & LeisureFIFA says ‘market rates’ explain World Cup prices. Economists say the market was rigged by design
By Catherina GioinoJune 9, 2026
The AI industry spent years chasing bigger models. Now it’s chasing efficiency
AIThe AI industry spent years chasing bigger models. Now it’s chasing efficiency
By Sharon GoldmanJune 9, 2026
Xbox CEO Asha Sharma speaks on stage at Fortune Brainstorm Tech 2026.
Big Tech‘Not an Allbirds Moment’: Xbox’s new CEO says she is grounding the console in gaming roots, not AI
By Sebastian HerreraJune 9, 2026
Trump speaking into a mic.
NewslettersShould Americans get an equity stake in AI? Trump and progressive Democrats float public ownership of AI
By Beatrice NolanJune 9, 2026
More FinancePage 84 of 100
WASHINGTON, DC - MAY 10: Federal Reserve Chair Jerome Powell listens as U.S. Secretary of the Treasury Janet Yellen presides over a meeting of the Financial Stability Oversight Council at the Treasury Department on May 10, 2024 in Washington, DC. The council received an update from the Financial Market Utilities Committee and an update on market developments related to corporate credit, as well as a presentation and to vote on a report on nonbank mortgage servicing. (Photo by Kent Nishimura/Getty Images)
EconomyThe Fed holds rates steady and punts on the Middle East: ‘uncertain’
By Eva RoytburgMarch 18, 2026
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    NewslettersFrom robotics to AI agents, Jensen Huang’s GTC keynote was full of signals that startups can’t afford to ignore
    By Allie GarfinkleMarch 18, 2026
Man in a suit in front of a yellow background
InvestingFortune Brands’ new CEO never officially worked a day—but he’ll get $18.4 million after a massive leadership shakeup
By Amanda GerutMarch 18, 2026
man speaks in front of camera
CryptoXRP leapfrogs BNB to take fourth most valuable crypto spot
By Carlos GarciaMarch 18, 2026
train tunnel construction
PoliticsNew York is suing the Trump Administration again—This time over $58 million in withheld subway funding
By The Associated PressMarch 18, 2026
Current refi mortgage rates report for March 18, 2026
Personal FinanceCurrent refi mortgage rates report for March 18, 2026
By Glen Luke FlanaganMarch 18, 2026
oil
EconomyStocks sink as market digests $110-per-barrel oil
By Stan Choe and The Associated PressMarch 18, 2026
  • The top high-yield savings rates: Up to 5.00% on March 18, 2026
    Personal FinanceThe top high-yield savings rates: Up to 5.00% on March 18, 2026
    By Glen Luke FlanaganMarch 18, 2026
Chris Wright, US energy secretary sitting next to US President Donald Trump
EnergyTrump officials say gas prices will return to normal in ‘a few more weeks,’ but his own Energy Department says it will be 2027
By Tristan BoveMarch 18, 2026
Top CD rates on March 18, 2026: Lock in up to up to 4.20%
Personal FinanceTop CD rates on March 18, 2026: Lock in up to up to 4.20%
By Glen Luke FlanaganMarch 18, 2026
Robinhood Markets logo is seen displayed on a smartphone screen.
InvestingRobinhood rolls out long-awaited ‘Social’ feature to let users track and copy other traders
By Jeff John RobertsMarch 18, 2026
Woman in blue in front of the American flag
PoliticsAI and Crypto spent nearly $20 million to reshape Illinois’s Democratic primaries. They mostly lost
By The Associated Press and Matt BrownMarch 18, 2026
power grids at dusk
Energy‘A bend in the trajectory’: U.S. data center development has hit snags because the power grid is approaching its limits to support them 
By Jacqueline MunisMarch 18, 2026
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    Personal Finance$39 trillion national debt is ‘an embarrassing milestone,’ think tank says. ‘Clearly headed in the wrong direction’
    By Nick LichtenbergMarch 18, 2026
Traders work on the floor of the New York Stock Exchange during morning trading on March 18, 2026 in New York City.
EnergyOil prices hit nearly $110 as Iran vows to escalate the war in ‘new ways’
By Eva RoytburgMarch 18, 2026
freeze
Commentary66% of CEOs are freezing hiring while betting billions on AI. It’s a costly miscalculation
By Katica RoyMarch 18, 2026
BlackRock CEO Larry Fink
SuccessBlackRock CEO Larry Fink warns AI is creating a ‘crisis’ for Gen Z workers: the class of 2026 could face the highest unemployment in years—even without a recession
By Preston ForeMarch 18, 2026
A sign displays the price of diesel fuel, which is at $5.99 at a Maverick gas station
Energy‘I just want all of it to end’: U.S. gas prices reach highest level since 2023 with no end for the Iran War in sight
By Wyatte Grantham-Philips and The Associated PressMarch 18, 2026
man photographed in front of polymarket sign
CryptoExclusive: Polymarket acquires the startup Brahma, in effort to scale its crypto and DeFi infrastructure
By Carlos GarciaMarch 18, 2026
Trump flipping his jacket up against a green backgroun
EnergyTrump said the U.S. would “run” Venezuela and sell its oil. Now it’s starting to happen
By The Associated Press, Fatima Hussein and Regina Garcia CanoMarch 18, 2026
Top CD rates from major banks March 18, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceTop CD rates from major banks on March 18, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerMarch 18, 2026
Current price of Ethereum for March 18, 2026
Personal FinanceCurrent price of Ethereum for March 18, 2026
By Joseph HostetlerMarch 18, 2026
Current price of Bitcoin for March 18, 2026
Personal FinanceCurrent price of Bitcoin for March 18, 2026
By Joseph HostetlerMarch 18, 2026
A technician in Germany works on a battery system for a Volkswagen electric vehicle.
EconomyThe world’s EVs were already replacing 70% of Iran’s oil exports. The war just made that matter
By Tristan BoveMarch 18, 2026
A still from Coinbase's ad.
CryptoCoinbase’s Oscars ad says you’re an NPC trapped in someone else’s financial system–and crypto is ‘Your Way Out’
By Eva RoytburgMarch 18, 2026
Current price of oil as of March 18, 2026
Personal FinanceCurrent price of oil as of March 18, 2026
By Joseph HostetlerMarch 18, 2026
Current price of gold as of March 18, 2026
Personal FinanceCurrent price of gold as of March 18, 2026
By Danny BakstMarch 18, 2026
Current price of silver as of Wednesday, March 18, 2026
Personal FinanceCurrent price of silver as of Wednesday, March 18, 2026
By Joseph HostetlerMarch 18, 2026
Sri Lanka has just launched a 4-day week because of the Iran war—now, the nation is giving workers Wednesdays off in a desperate bid to conserve fuel
SuccessSri Lanka has just launched a 4-day week because of the Iran war—now, the nation is giving workers Wednesdays off in a desperate bid to conserve fuel
By Orianna Rosa RoyleMarch 18, 2026
Stripe-backed crypto startup Tempo releases AI payments protocol, launches blockchain
CryptoStripe-backed crypto startup Tempo releases AI payments protocol, launches blockchain
By Ben WeissMarch 18, 2026
The ‘vibe coding’ threat to enterprise software is overblown, Workday’s CEO says—here’s his vision for what actually comes next
NewslettersThe ‘vibe coding’ threat to enterprise software is overblown, Workday’s CEO says—here’s his vision for what actually comes next
By Sheryl EstradaMarch 18, 2026
Customer Jann Gregg of Schenectady pumps gas at the GasWay Xpress Mart at 1120 Erie Blvd. pump gas on Wednesday, Dec. 3, 2025, in Schenectady, N.Y.
EconomyEconomists are ‘loath’ to call a recession, but the odds just hit 49% for the next 12 months according to Moody’s top economist
By Eleanor PringleMarch 18, 2026
PHOTO: DONALD TRUMP
Big TechAs Trump rages against his allies, Republicans are asking what the plan is to end the chaos in Iran
By Jim EdwardsMarch 18, 2026
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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese militaryplaceholder alt text
By Kate O'Keeffe and BloombergJune 8, 2026
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'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032placeholder alt text
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Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazonplaceholder alt text
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