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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

3

Meta faces a $1.4 trillion threat that could mean ‘turning in the keys and walking away’—but the stakes of the case reach across tech

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

3

Meta faces a $1.4 trillion threat that could mean ‘turning in the keys and walking away’—but the stakes of the case reach across tech
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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
Photo of empty wallet with hands holding it open
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
Photo fo Walmart
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
s
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
Latest stories from Fortune
Amazon, Uber, DoorDash, and Walmart are taking the delivery wars to the skies
North America
Amazon, Uber, DoorDash, and Walmart are taking the delivery wars to the skies
By Tatiana SatauaAugust 21, 2026
MacKenzie Scott gave California public education $461 million—and let the recipients decide how to spend every dollar
Success
MacKenzie Scott gave California public education $461 million—and let the recipients decide how to spend every dollar
By Sydney LakeAugust 21, 2026
Airwallex expands from cross-border payments to autonomous finance—though president Lucy Liu says it’s still ‘not the best time’ for an IPO
Asia
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
The Best Face Sunscreens in 2026: SPF Options for Everyday Wear
Health
The Best Face Sunscreens in 2026: SPF Options for Everyday Wear
By Emily PharesAugust 20, 2026
seated man speaks into microphone
Big Tech
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
Scott Kupor, wearing a suit, looks forward and frowns.
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
President Donald Trump speaks during a meeting with technology leaders in the Roosevelt Room of the White House.
Big Tech
Trump oblivious to voter fury about data centers, saying ‘the jobs are enormous and the money paid, the taxes paid, are just enormous’
By Jesse Bedayn, Marc Levy, Scott Bauer and The Associated PressAugust 20, 2026
A sign stands outside the main gate of Fort Stewart, Ga.
Arts & Entertainment
Army unit offers ‘special 4 day pass’ to play Grand Theft Auto VI for reenlisted troops as part of ‘unique incentives program’
By Russ Bynum and The Associated PressAugust 20, 2026
More FinancePage 90 of 100
Top CD rates from major banks May 8, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on May 8, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerMay 8, 2026
  • Two Americas, one drive-thru: Welcome to fast food’s contradictory, split-screen economy
    Economy
    Two Americas, one drive-thru: Welcome to fast food’s contradictory, split-screen economy
    By Nick LichtenbergMay 7, 2026
Current price of Ethereum for May 8, 2026
Personal Finance
Current price of Ethereum for May 8, 2026
By Joseph HostetlerMay 8, 2026
Current price of Bitcoin for May 8, 2026
Personal Finance
Current price of Bitcoin for May 8, 2026
By Joseph HostetlerMay 8, 2026
Current price of gold as of May 8, 2026
Personal Finance
Current price of gold as of May 8, 2026
By Danny BakstMay 8, 2026
trump
Economy
U.S. economy surprises with 115,000 new jobs created in April
By Paul Wiseman and The Associated PressMay 8, 2026
Current price of oil as of May 8, 2026
Personal Finance
Current price of oil as of May 8, 2026
By Joseph HostetlerMay 8, 2026
  • The American Dream is moving to the Midwest—Michigan and Wisconsin beat the coasts for the hottest housing markets, Redfin finds
    Real Estate
    The American Dream is moving to the Midwest—Michigan and Wisconsin beat the coasts for the hottest housing markets, Redfin finds
    By Sydney LakeMay 7, 2026
Current price of silver as of Friday, May 8, 2026
Personal Finance
Current price of silver as of Friday, May 8, 2026
By Joseph HostetlerMay 8, 2026
mamdani
Real Estate
New York is going to tax the wealthy’s second homes, but not tax wealth itself
By Anthony Izaguirre and The Associated PressMay 8, 2026
Wall Street piles into ‘NACHO’ bet on looming oil shortages in June
Economy
Wall Street piles into ‘NACHO’ bet on looming oil shortages in June
By Jim EdwardsMay 8, 2026
Top CD rates on May 8, 2026: Lock in up to up to 4.20%
Personal Finance
Top CD rates on May 8, 2026: Lock in up to up to 4.20%
By Glen Luke FlanaganMay 8, 2026
The top high-yield savings rates: Up to 5.00% on May 8, 2026
Personal Finance
The top high-yield savings rates: Up to 5.00% on May 8, 2026
By Glen Luke FlanaganMay 8, 2026
  • mcdonald's logo
    Retail
    McDonald’s posts better-than-expected first quarter sales. But higher gas prices threaten demand
    By The Associated Press and Dee-Ann DurbinMay 7, 2026
whirlpool
Economy
Whirlpool has a word for what the Iran War is doing to its industry: recession
By Nick LichtenbergMay 8, 2026
The $39 trillion debt is set to surpass its postwar peak—and the math says Washington can’t simply cut its way out
Economy
The $39 trillion debt is set to surpass its postwar peak—and the math says Washington can’t simply cut its way out
By Nick LichtenbergMay 8, 2026
Why CEO Bill McDermott says ServiceNow’s 39% stock crash is Saaspocalypse ‘nonsense’ and why AI will make it a trillion-dollar company
AI
Why CEO Bill McDermott says ServiceNow’s 39% stock crash is Saaspocalypse ‘nonsense’ and why AI will make it a trillion-dollar company
By Alexei OreskovicMay 8, 2026
A large oil-exporting hub will be built in the deepwater Gulf of Mexico amid the Iran war—but only because Japan and the White House are paying for it
Energy
A large oil-exporting hub will be built in the deepwater Gulf of Mexico amid the Iran war—but only because Japan and the White House are paying for it
By Jordan BlumMay 8, 2026
Mortgage rates, May 8, 2026
Personal Finance
Mortgage rates, May 8, 2026
By Glen Luke FlanaganMay 8, 2026
Current refi mortgage rates report for May 8, 2026
Personal Finance
Current refi mortgage rates report for May 8, 2026
By Glen Luke FlanaganMay 8, 2026
Current ARM mortgage rates report for May 8, 2026
Personal Finance
Current ARM mortgage rates report for May 8, 2026
By Glen Luke FlanaganMay 8, 2026
amit
AI
$96 billion giant ServiceNow doesn’t see a ‘SaaSpocalypse.’ It sees the ‘hard lift, heavy lifting’ phase just beginning
By Nick LichtenbergMay 7, 2026
FARLEY
Success
Ford CEO says his Gen Z son is choosing hands-on work: ‘He feels like that’s more fulfilling than doing summer school at some fancy college’
By Nick LichtenbergMay 7, 2026
Indosat CEO Vikram Sinha is building an AI for Indonesia’s local languages. Can he make a business case for sovereignty? 
Asia
Indosat CEO Vikram Sinha is building an AI for Indonesia’s local languages. Can he make a business case for sovereignty? 
By Nicholas GordonMay 7, 2026
Tapestry thinks it’s cracked the code of ‘expressive luxury’ for Gen Z: a ‘Goldilocks’ combo of aspirational and approachable
Investing
Tapestry thinks it’s cracked the code of ‘expressive luxury’ for Gen Z: a ‘Goldilocks’ combo of aspirational and approachable
By Nick LichtenbergMay 7, 2026
Motorbikes drive past a billboard with graphic showing the late Iranian Supreme Leader Ayatollah Ali Khamenei
Politics
Iran is setting up an agency to tax ships passing through Hormuz even as it negotiates a peace deal
By Adam Schreck, David McHugh, Russ Bynum and The Associated PressMay 7, 2026
An almond farmer inspects a fruit on a tree.
North America
California farmers must destroy 420,000 peach trees after Del Monte closes its canneries and cancels more than $550 million in long-term contracts
By Sasha RogelbergMay 7, 2026
Photo of Elon Musk
AI
Elon Musk called Anthropic ‘evil’ 3 months ago. Now he’s taking $4 billion to become its data landlord
By Eva RoytburgMay 7, 2026
Good debt vs. bad debt: What’s the difference?
Personal Finance
Good debt vs. bad debt: What’s the difference?
By Joseph HostetlerMay 7, 2026
trump
Politics
Trump admits World Cup tickets are too expensive—days after Infantino insisted they were ‘market rate’ for America
By Nick LichtenbergMay 7, 2026
Car salesperson showing cars to a couple shopping at the dealership
Economy
Americans owe $1.68 trillion on car loans — more than credit card debt and as much as all federal student loans
By Tristan BoveMay 7, 2026
keynes
AI
The AI job apocalypse is ‘unhelpful marketing, bad economics and worse history,’ a16z says
By Nick LichtenbergMay 7, 2026
Stripe CEO Patrick Collison says a wave of token theft is wreaking havoc on the AI economy
Cybersecurity
Stripe CEO Patrick Collison says a wave of token theft is wreaking havoc on the AI economy
By Jeff John RobertsMay 7, 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
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
By Sydney LakeAugust 20, 2026
Big Tech
Meta faces a $1.4 trillion threat that could mean ‘turning in the keys and walking away’—but the stakes of the case reach across techplaceholder alt text
By Tatiana SatauaAugust 20, 2026
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