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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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Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there

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

Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
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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
America’s emergency oil reserve is about to hit its lowest level since Reagan was in office
America’s emergency oil reserve is about to hit its lowest level since Reagan was in office

The Trump Administration has drained 66 million barrels from the SPR since the war in Iran began.

By Jordan BlumJune 10, 2026
‘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
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
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
More in Economy
Banking
More in Banking
A $7 billion horse race: Goldman Sachs and Morgan Stanley battle for ‘lead left’ position ahead of OpenAI and Anthropic IPOs
A $7 billion horse race: Goldman Sachs and Morgan Stanley battle for ‘lead left’ position ahead of OpenAI and Anthropic IPOs

Only one bank can occupy the coveted lead underwriter position for this year’s hottest AI IPOs.

By Shawn TullyJune 10, 2026
Visa’s CFO downplays the importance of stablecoin and agentic commerce to the U.S. payments giant—at least in the short term

“I’m hesitant to lean into the stablecoin and agentic commerce narratives too much,” Chris Suh, Visa’s chief financial officer, tells Fortune.

By Angelica AngJune 10, 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 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
More in Banking
Personal Finance
More in Personal Finance
Mortgage rates today, June 10, 2026
Mortgage rates today, June 10, 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 10, 2026
Current refi mortgage rates report for June 10, 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 10, 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 ARM mortgage rates report for June 10, 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 10, 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
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
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
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
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
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 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
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 85 of 100
Current price of silver as of Wednesday, March 18, 2026
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By Joseph HostetlerMarch 18, 2026
  • Current price of gold as of March 17, 2026
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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
  • Top CD rates from major banks March 17, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
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jensen huang
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
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
trump
Personal Finance$39 trillion national debt is ‘an embarrassing milestone,’ think tank says. ‘Clearly headed in the wrong direction’
By Nick LichtenbergMarch 18, 2026
Less than 10 billionaires have actually kept their promise to give away their fortune—and a philanthropy CEO says Elon Musk is right about why: ‘It’s hard’
SuccessLess than 10 billionaires have actually kept their promise to give away their fortune—and a philanthropy CEO says Elon Musk is right about why: ‘It’s hard’
By Orianna Rosa RoyleMarch 18, 2026
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Mortgage rates, March 18, 2026
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How to invest in silver: 6 ways to buy this precious metal
Personal FinanceHow to invest in silver: 6 ways to buy this precious metal
By Joseph HostetlerMarch 17, 2026
How to buy gold and silver coins
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By Joseph HostetlerMarch 17, 2026
McDonald’s newest $3 value menu is sounding an alarm about America’s K-shaped economy
EconomyMcDonald’s newest $3 value menu is sounding an alarm about America’s K-shaped economy
By Marco Quiroz-GutierrezMarch 17, 2026
Video game screen
LawA gaming CEO asked ChatGPT how to avoid paying a $250 million bonus. It didn’t work
By Catherina GioinoMarch 17, 2026
wilson
InvestingStocks haven’t hit bottom yet, says the analyst who called a ‘rolling recession’ when everyone else saw a boom
By Nick LichtenbergMarch 17, 2026
Double exposure photograph of a portrait of Mark Zuckerberg and a telephone displaying the Meta group s artificial intelligence logo at Kerlouan in Brittany in France on April 11 2025. (Photo by Vincent Feuray / Hans Lucas / Hans Lucas via AFP) (Photo by VINCENT FEURAY/Hans Lucas/AFP via Getty Images)
AIMark Zuckerberg is poised to finish what Jack Dorsey started: a ‘cascade’ of AI-related layoffs across the tech sector, top tech analyst says
By Eva RoytburgMarch 17, 2026
broker
EconomyScott Galloway wants the stock market to crash. Gen Z is already betting like it will
By Nick LichtenbergMarch 17, 2026
Three men standing in front of a white background.
Economy‘100% completely unsustainable as a society.’ Billionaire advisor calls out widening inequality that leaves America’s poorest 80% ‘falling behind’
By Tristan BoveMarch 17, 2026
jensen huang
AINvidia’s Jensen Huang thinks $1 trillion won’t be enough to meet AI demand—and he’s paying engineers in AI tokens worth half their salary to prove it
By Jake AngeloMarch 17, 2026
Bill Gurley sits onstage with his arms resting on his knees.
InvestingBenchmark’s Bill Gurley: the AI bubble is about to burst—and a reset is coming
By Sasha RogelbergMarch 17, 2026
Nvidia just forecast $1 trillion in AI demand. So why isn’t Jensen Huang a target of AI backlash?
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By Sharon GoldmanMarch 17, 2026
Trump surrounded by children
PoliticsWon’t somebody think of the children? Advocacy group to spend $50 million to back Democrats pushing child care ahead of the midterms
By The Associated Press and Moriah BalingitMarch 17, 2026
Young sad college graduates
SuccessServiceNow CEO says that new college graduate unemployment could reach 30% thanks to AI automation
By Emma BurleighMarch 17, 2026
Inside Bank of America’s ‘build once’ AI strategy
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By Sage LazzaroMarch 17, 2026
America’s economy is so bad that it’s driving a loneliness crisis, as two-thirds skip weddings and dinners to make ends meet
Personal FinanceAmerica’s economy is so bad that it’s driving a loneliness crisis, as two-thirds skip weddings and dinners to make ends meet
By Sydney LakeMarch 17, 2026
Mastercard to acquire crypto startup BVNK for up to $1.8 billion in largest stablecoin deal to date
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By Ben WeissMarch 17, 2026
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Asia
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
Economy
'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032placeholder alt text
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