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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

3

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
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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 89 of 100
Trump calls for countries to send warships to reopen Hormuz
EnergyTrump calls for countries to send warships to reopen Hormuz
By Arsalan Shahla and BloombergMarch 14, 2026
  • Current price of gold as of March 13, 2026
    Personal FinanceCurrent price of gold as of March 13, 2026
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Trump’s AI czar calls for U.S. to ‘get out’ of war and warns Iran has a ‘dead man’s switch’ that could render Gulf states almost uninhabitable
Middle EastTrump’s AI czar calls for U.S. to ‘get out’ of war and warns Iran has a ‘dead man’s switch’ that could render Gulf states almost uninhabitable
By Jason MaMarch 14, 2026
Trump seeks to close a $1.6 trillion revenue gap with new tariffs that will be easier for people to challenge
EconomyTrump seeks to close a $1.6 trillion revenue gap with new tariffs that will be easier for people to challenge
By Christopher Rugaber and The Associated PressMarch 14, 2026
Kharg Island is ‘the main node’ of Iran’s economy, and a U.S. takeover would provide leverage in any negotiations, energy expert says
PoliticsKharg Island is ‘the main node’ of Iran’s economy, and a U.S. takeover would provide leverage in any negotiations, energy expert says
By Sam Metz and The Associated PressMarch 14, 2026
Bill Ackman, chief executive officer of Pershing Square Capital
SuccessBillionaire Bill Ackman says he doesn’t like ‘wasting money’—he’ll even drive elsewhere for cheaper garages, despite once owning a parking company
By Emma BurleighMarch 14, 2026
Jet fuel prices are rising as oil spikes on Iran war. Airlines are already announcing fare increases or fuel surcharges
EnergyJet fuel prices are rising as oil spikes on Iran war. Airlines are already announcing fare increases or fuel surcharges
By Rio Yamat and The Associated PressMarch 14, 2026
  • Current price of Bitcoin for March 13, 2026
    Personal FinanceCurrent price of Bitcoin for March 13, 2026
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U.S. lifts sanctions on Russian oil already loaded onto tankers, equal to 5-6 days’ worth of normal shipments through the Strait of Hormuz
EnergyU.S. lifts sanctions on Russian oil already loaded onto tankers, equal to 5-6 days’ worth of normal shipments through the Strait of Hormuz
By David McHugh and The Associated PressMarch 14, 2026
vivek
CommentaryThe U.S. is winning the AI chatbot war — and losing the one that actually matters
By Vivek RanadiveMarch 14, 2026
iran
PoliticsIran stretches war into third week with missile strike on U.S. embassy compound in Baghdad
By Jon Gambrell, Sam Mednick, Konstantin Toropin, Mike Corder and The Associated PressMarch 14, 2026
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CommentaryKraft Heinz and the cost of narrow capitalism
By Paul PolmanMarch 14, 2026
Meta’s new AI team has 50 engineers per boss. What could go wrong?
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By Claire ZillmanMarch 14, 2026
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Why oil traders are rushing to trade on crypto platform Hyperliquid
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By Ben WeissMarch 14, 2026
Inside Lululemon’s founder’s war with the board he says is killing his brand
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By Phil WahbaMarch 14, 2026
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CommentaryRay Dalio: I’ve studied 500 years of history and fear we’re entering the most dangerous phase of the ‘Big Cycle’
By Ray DalioMarch 14, 2026
The ultrawealthy don’t house hunt anymore. They subscribe
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By Sydney LakeMarch 14, 2026
powell
CommentaryYes, companies can stay profitable without raising prices — here’s how
By Jerry HaarMarch 14, 2026
Bill Hoogterp portrait
C-SuiteCEO coach to the Fortune 500: How leaders can use a simple strategy called ‘beat the plan’ to speed decision-making and build trust
By Bill HoogterpMarch 14, 2026
The $265 billion private credit meltdown: How Wall Street’s hottest investment craze turned into a panic
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By Shawn TullyMarch 14, 2026
Handout photo taken on March 11, 2026 and released by the Royal Thai Navy shows smoke rising from the Thai bulk carrier 'Mayuree Naree' near the Strait of Hormuz after an attack. A Thai bulk carrier travelling in the crucial Strait of Hormuz was attacked March 11, with 20 crew members rescued so far, the Thai navy said.
EnergySkyrocketing energy prices and inflation woes mount as the ‘absurd’ reality in Iran sinks in
By Jordan BlumMarch 14, 2026
U.S. hits military targets on Iran’s Kharg Island as war escalates
PoliticsU.S. hits military targets on Iran’s Kharg Island as war escalates
By Skylar Woodhouse, Catherine Lucey and BloombergMarch 13, 2026
U.S. officials have discussed trading oil futures, Burgum says
EnergyU.S. officials have discussed trading oil futures, Burgum says
By Jennifer A. Dlouhy, Tyler Kendall and BloombergMarch 13, 2026
All 6 crew members on KC-135 refueling plane that crashed in Iraq are dead, bringing U.S. death toll to at least 13 service members
PoliticsAll 6 crew members on KC-135 refueling plane that crashed in Iraq are dead, bringing U.S. death toll to at least 13 service members
By Konstantin Toropin, Ben Finley, Kim Tong-Hyung and The Associated PressMarch 13, 2026
U.S. debt is like a Hallmark movie boyfriend who eventually gets dumped for a small town firefighter, budget watchdog warns 
EconomyU.S. debt is like a Hallmark movie boyfriend who eventually gets dumped for a small town firefighter, budget watchdog warns 
By Jason MaMarch 13, 2026
andrew yang
AIEx-presidential candidate Andrew Yang says it’s time to ‘stop taxing labor’ and make AI foot the bill instead
By Jake AngeloMarch 13, 2026
A man with a grocery cart peruses a dairy aisle in Costco.
LawAmericans are demanding refunds from the $180 billion in tariffs they paid for, and they’re suing companies like Costco to make it happen
By Sasha RogelbergMarch 13, 2026
photo of stage at conference
CryptoFlagship Dubai crypto conference Token2049, in sudden reversal, cancels due to Iran war
By Carlos GarciaMarch 13, 2026
President Donald Trump
EnergyThe war in Iran has caused the biggest oil supply disruption in history, energy watchdog says, and a swift end to the conflict might not change that
By Tristan BoveMarch 13, 2026
The Strait of Hormuz is an Iranian ‘kill box,’ preventing the U.S. Navy from securing it right now and letting tankers pass through freely
EnergyThe Strait of Hormuz is an Iranian ‘kill box,’ preventing the U.S. Navy from securing it right now and letting tankers pass through freely
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Kraken co-CEO Arjun Sethi on why the crypto exchange’s new Fed master account access and NASDAQ partnership isn’t designed to ‘disrupt the banking system’
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By Leo SchwartzMarch 13, 2026
robots
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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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