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Venezuela oil minister to U.S. companies: ‘It's an entire world waiting to be discovered’

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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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Current price of oil as of August 20, 2026

1

Venezuela oil minister to U.S. companies: ‘It's an entire world waiting to be discovered’

2

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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Current price of oil as of August 20, 2026
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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.
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
Current refi mortgage rates report for Aug. 21, 2026
By Glen Luke FlanaganAugust 21, 2026
Mortgage rates today, Aug. 21, 2026: Rates tick up slightly
Mortgage rates today, Aug. 21, 2026: Rates tick up slightly
By Glen Luke FlanaganAugust 21, 2026
Billionaire Jeff Bezos once asked Warren Buffett why so few people copy his strategy—now he’s backing $7 billion Liverpool FC
Billionaire Jeff Bezos once asked Warren Buffett why so few people copy his strategy—now he’s backing $7 billion Liverpool FC
By Orianna Rosa RoyleAugust 21, 2026
Home equity loan and HELOC rates: Aug. 21, 2026
Today’s home equity loan and HELOC rates, August 21, 2026
By Joseph HostetlerAugust 21, 2026
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
By Hardy Michel, Shakeel Lala and Ben RobertsonAugust 21, 2026
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Economy
More in Economy
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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
Scott Bessent on the national debt: ‘There’s nothing magic about the $40 trillion number’

“We can grow our way out of that,” the Treasury Secretary told CNBC on Thursday.

By Nick LichtenbergAugust 20, 2026
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
As U.S. debt hits $40 trillion, Americans will foot the bill: $700 a month for retirees, and homebuyers could take a $53,000 hit, report finds

“Addressing the national debt deserves to be a high priority for both voters and lawmakers, to benefit all Americans.”

By Eleanor PringleAugust 20, 2026
More in Economy
Banking
More in Banking
Steps to the United States Supreme Court.
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
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
Treasury rushes into bond market as Fed minutes show many governors want to hike rates, not cut

As the Fed’s minutes point toward possible rate hikes, Treasury expanded long-bond buybacks after 10-year yields topped 4.7%.

By Christopher Rugaber and The Associated PressAugust 20, 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
More in Banking
Personal Finance
More in Personal Finance
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Facing weary customers, Walmart will use its nearly $3 billion in tariff refunds to lower prices

Walmart passed on tariff-related costs last year and is now trying to lower prices as shares fell nearly 9% after its U.S. sales growth hit a six-year low.

By Mia OsmonbekovAugust 20, 2026
Moderna co-founder is a billionaire once again at $1.7 billion—he once turned down 20 high-paying job offers to ‘have more of an impact on the world’

Billionaire biotech pioneer Robert Langer advises workers to do what makes them happy over money and job security: “If you give up too easily, that’s not good.”

By Emma BurleighAugust 20, 2026
‘Game-changer’ GLP-1s could fix America’s obesity crisis—but 2 inequalities stand in the way

Wells Fargo Industry Insights’ Robin Wenzel says the drugs are rewriting healthcare economics, but the math doesn’t “pencil out” too often.

By Nick LichtenbergAugust 20, 2026
Current price of gold as of August 20, 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 20, 2026
More in Personal Finance
Investing
More in Investing
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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 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
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
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
More in Investing
Real Estate
More in Real Estate
Gen Z forced to rewrite the American Dream in the ‘Great Postponement’: Fixer-uppers, side hustles and doing life out of order
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
Target’s second straight comeback quarter boosted by nearly $1 billion Trump tariff refund

Shoppers returned and sales rose 3.8%, but the government’s tariff refund supplied $1.65 of Target’s $4.11 in quarterly earnings.

By Anne D'Innocenzio and The Associated PressAugust 20, 2026
Today’s home equity loan and HELOC rates, August 20, 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 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 Real Estate
Energy
More in Energy
The great climate change Champagne race, as grape ripening shrinks from 100 to 80 days: ‘We’ve never seen anything like it’
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
Climate change to cost London up to £36 billion a year by 2050s

Lost working hours, disruption to businesses and damage to infrastructure caused by extreme weather in a warmer climate are likely to reduce the capital’s GDP over the coming decades.

By Olivia Rudgard and BloombergAugust 20, 2026
Current price of oil as of August 20, 2026

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

By Joseph HostetlerAugust 20, 2026
More in Energy
Crypto
More in Crypto
How the UAE has emerged as a ‘leading light’ for tokenization  
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
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
Billionaire Joshua Kushner just bought the Lakers for $12.5 billion—OpenAI’s Sam Altman once said he ‘doesn’t care’ what others think

As Joshua Kushner and Bob Iger close in on a record $12.5 billion Lakers deal, OpenAI CEO Sam Altman once said Kushner makes ‘high-conviction bets’.

By Orianna Rosa RoyleAugust 14, 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
More in Crypto
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The AI ‘death zone’ is here and most corporate AI strategies are standing in it
By Mark MinevichAugust 21, 2026
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AI productivity tools are overhyped and overfunded. Investors should look elsewhere
By Sanjot MalhiAugust 21, 2026
Amazon, Uber, DoorDash, and Walmart are taking the delivery wars to the skies
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By Tatiana SatauaAugust 21, 2026
MacKenzie Scott gave California public education $461 million—and let the recipients decide how to spend every dollar
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Airwallex expands from cross-border payments to autonomous finance—though president Lucy Liu says it’s still ‘not the best time’ for an IPO
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Airwallex expands from cross-border payments to autonomous finance—though president Lucy Liu says it’s still ‘not the best time’ for an IPO
By Nicholas GordonAugust 20, 2026
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The Best Face Sunscreens in 2026: SPF Options for Everyday Wear
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Supermicro investigation clears CEO in alleged $2.5 billion smuggling scheme while a criminal trial involving a cofounder is set for next year
By Amanda GerutAugust 20, 2026
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Politics
Exclusive: The man leading Trump’s RTO charge for government workers says he filmed a video in front of a blank wall to avoid work-from-home suspicion
By Sasha RogelbergAugust 20, 2026
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Half of older Americans are unfulfilled. Their doctors can’t see it
By Nick LichtenbergMay 14, 2026
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    The crypto industry’s Clarity Act hits a critical juncture: Where things stand going into Senate markup
    By Jack KubinecMay 13, 2026
Top CD rates from major banks May 14, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on May 14, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerMay 14, 2026
A European central bank has signed a mega deal with a cloud service provider. The problem for Google, Microsoft and Amazon? It’s not with them 
Europe
A European central bank has signed a mega deal with a cloud service provider. The problem for Google, Microsoft and Amazon? It’s not with them 
By Kamal AhmedMay 14, 2026
Current price of Ethereum for May 14, 2026
Personal Finance
Current price of Ethereum for May 14, 2026
By Joseph HostetlerMay 14, 2026
Current price of Bitcoin for May 14, 2026
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Current price of Bitcoin for May 14, 2026
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Asia
Trump tells Xi, ‘It’s an honor to be your friend.’ Xi responds by talking about Taiwan
By Will Weissert, Aamer Madhani and The Associated PressMay 14, 2026
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    King Charles lays out government agenda as Starmer fights for survival: ‘absolutely preposterous’
    By Pan Pylas, Danica Kirka and The Associated PressMay 13, 2026
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Law
Parents want less screen time in schools. Administrators say opting out isn’t feasible
By Sharon Lurye and The Associated PressMay 14, 2026
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Law
‘Ocean Dream’ diamond, largest blue-green stone of its kind in the world, sells for $17.3 million
By The Associated PressMay 14, 2026
Current price of oil as of May 14, 2026
Personal Finance
Current price of oil as of May 14, 2026
By Joseph HostetlerMay 14, 2026
Current price of silver as of Thursday, May 14, 2026
Personal Finance
Current price of silver as of Thursday, May 14, 2026
By Joseph HostetlerMay 14, 2026
gene
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I helped design the original Tesla battery. Here’s how America can lead the world again
By Gene BerdichevskyMay 14, 2026
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    Energy
    Malaysia is shocked, shocked to find Iranian-linked tankers slipping through its waters
    By Eileen Ng and The Associated PressMay 13, 2026
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Commentary
Newman’s Own Foundation CEO on steward ownership: succession when you don’t want to sell
By Alex AmouyelMay 14, 2026
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Economy
Business formations hit all-time high as ‘under-employed’ Americans turn to side hustles to make ends meet
By Eleanor PringleMay 14, 2026
Man with glasses and beard before a microphone
Cybersecurity
North Korean operatives stole $2 billion last year—and financial firms are the next target
By Amanda GerutMay 14, 2026
Morning meeting at work.
Newsletters
Companies want battle-tested CFOs. There aren’t enough of them
By Sheryl EstradaMay 14, 2026
Furientis missile launches from the ground during a test.
Startups & Venture
Exclusive: ‘We’re spending millions to stop threats that cost thousands’: Startup Furientis aims to revolutionize defense
By Lily Mae LazarusMay 14, 2026
abel
Commentary
I’m a Berkshire Hathaway investor and I was wrong about Greg Abel. Here’s why he’s a better fit than Buffett right now
By Vitaliy KatsenelsonMay 14, 2026
The top high-yield savings rates: Up to 5.00% on May 14, 2026
Personal Finance
The top high-yield savings rates: Up to 5.00% on May 14, 2026
By Glen Luke FlanaganMay 14, 2026
Top CD rates on May 14, 2026: Lock in up to up to 4.20%
Personal Finance
Top CD rates on May 14, 2026: Lock in up to up to 4.20%
By Glen Luke FlanaganMay 14, 2026
Wall Street no longer believes Kevin Warsh can do what President Trump wants
Economy
Wall Street no longer believes Kevin Warsh can do what President Trump wants
By Jim EdwardsMay 14, 2026
trump
Commentary
The deficit just grew by $955 billion in 7 months. It’s time for a constitutional fix to control the budget
By Steve H. Hanke and David M. WalkerMay 14, 2026
Male CEO looking out a window in a large office.
C-Suite
Job-hopping is now the fastest path to becoming a CEO—and company loyalty may actually hold you back
By Tristan BoveMay 14, 2026
Photo: Elevate Jet CEO Greg Raiff
Energy
The airplane fuel shortage is a myth propagated by airlines who want to cancel unprofitable flights, says private jet CEO
By Jim EdwardsMay 14, 2026
The earth beneath your feet just minted a $10 billion company to power America’s AI boom
Energy
The earth beneath your feet just minted a $10 billion company to power America’s AI boom
By Jordan BlumMay 14, 2026
Current refi mortgage rates report for May 14, 2026
Personal Finance
Current refi mortgage rates report for May 14, 2026
By Glen Luke FlanaganMay 14, 2026
Current ARM mortgage rates report for May 14, 2026
Personal Finance
Current ARM mortgage rates report for May 14, 2026
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Mortgage rates, May 14, 2026
Personal Finance
Mortgage rates, May 14, 2026
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US President Donald Trump speaks to journalists as he makes his way to board Marine One before departing from the South Lawn of the White House in Washington, DC on May 8, 2026.
Economy
Top economist says $39 trillion national debt leaves government worse prepared for recession than ever
By Eva RoytburgMay 14, 2026
Boeing lost China. Trump—and 500 jets—may be about to win it back
Economy
Boeing lost China. Trump—and 500 jets—may be about to win it back
By Shawn TullyMay 14, 2026
Kevin Warsh, nominee for chairman of the Federal Reserve, arrives for his Senate Banking, Housing and Urban Affairs Committee confirmation hearing in Dirksen building on Tuesday, April 21, 2026.
Banking
Kevin Warsh confirmed as Fed chair in party-line vote amid Elizabeth Warren’s ‘sock puppet’ criticism
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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
Success
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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