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Jeff Bezos says a 3-day workweek and more single-income households are on the way thanks to AI: ‘It’s going to be difficult to hire people’

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Disney offered a 13-year-old $2 million to sing in ‘The Lion King.’ His mom took $100K plus royalties instead. He’s still getting paid 34 years later

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Nvidia built a $5 trillion company while making employees pay for their own lunch—but they get far more lucrative perks like stock discounts

1

Jeff Bezos says a 3-day workweek and more single-income households are on the way thanks to AI: ‘It’s going to be difficult to hire people’

2

Disney offered a 13-year-old $2 million to sing in ‘The Lion King.’ His mom took $100K plus royalties instead. He’s still getting paid 34 years later

3

Nvidia built a $5 trillion company while making employees pay for their own lunch—but they get far more lucrative perks like stock discounts
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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.
‘Fantasy economics’: Baby boomer vs. Gen Z tensions hit France as pension costs drive debt crisis and education cuts that fuel student protests
‘Fantasy economics’: Baby boomer vs. Gen Z tensions hit France as pension costs drive debt crisis and education cuts that fuel student protests

“Thus the fiscal pressure caused largely by France’s very generous government pension plan has led to cutbacks in other spending, notably on education.”

By Jason MaOctober 10, 2026
Russia’s deal to supply the U.S. with diesel is unlikely to ease pain at the pump, experts say. ‘It’s kind of shuffling deck chairs on the Titanic’
Russia’s deal to supply the U.S. with diesel is unlikely to ease pain at the pump, experts say. ‘It’s kind of shuffling deck chairs on the Titanic’
By Alex Veiga and The Associated PressOctober 10, 2026
EU says trade deal could cut up to 50% of Chinese EV and plug-in hybrid imports and lower tariffs for some European exports to China
EU says trade deal could cut up to 50% of Chinese EV and plug-in hybrid imports and lower tariffs for some European exports to China
By Sam McNeil, Kanis Leung, Elaine Kurtenbach and The Associated PressOctober 10, 2026
Young Asian woman holding credit card and various expense receipts, handing personal banking and finance with laptop at home.
Gen Z is on track to become the richest generation, but risks getting caught in a ‘cycle that is easy to fall into and hard to break alone’
By Joshua HongOctober 10, 2026
Lloyd Blankfein, former CEO of Goldman Sachs
Ex Goldman Sachs CEO got into Harvard University at 16 from public housing—and says higher education is the best way to break into the middle class
By Emma BurleighOctober 10, 2026
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What a desert lizard teaches us about patents and the GLP-1 revolution
By Dr. Bowman HeidenOctober 10, 2026
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Economy
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‘Trojan horse’: California’s top 1% pay nearly half the state’s income taxes. Prop 40 opponents warn the billionaire tax could reach everyone else
‘Trojan horse’: California’s top 1% pay nearly half the state’s income taxes. Prop 40 opponents warn the billionaire tax could reach everyone else

The state legislature could modify Prop 40 with a two-thirds vote, but courts would also weigh in on any attempts to stretch the scope to all taxpayers.

By Jason MaOctober 9, 2026
‘A very leaky pipeline’: 1.7 million trade jobs will open each year through 2035—and experts are scrambling to figure out how to fill them

A new report finds a graying workforce and Gen Z retention problems are making it harder to fill ever-expanding skilled trade roles.

By Sasha RogelbergOctober 9, 2026
AI skills could mean bigger paychecks for finance talent

Employers are willing to pay more for new hires with AI expertise, but technical skills are only part of what finance leaders need.

By Sheryl EstradaOctober 9, 2026
Authorities said Houthi-claimed attacks on Riyadh airport killed three Saudi citizens, as airlines suspend at least 124 flights

A deadly attack on Riyadh’s King Khalid International Airport marks a new escalation in the Iran war as oil prices and air travel stay volatile

By The Associated Press, Cara Anna and SALLY ABOU ALJOUDOctober 9, 2026
More in Economy
Banking
More in Banking
Milos Maricic: listen for the AI number on next week’s bank calls
Milos Maricic: listen for the AI number on next week’s bank calls

Economists have described tech bubbles in detail. The most remarkable thing about the AI cycle might be how closely it follows the blueprint.

By Milos MaricicOctober 9, 2026
Top CD rates from major banks on October 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 HostetlerOctober 9, 2026
‘You decided to evade them’: Former HSBC banker ‘clearly in a financial position to pay’ banned from finance for dodging $7,800 in fares

Joseph Molloy was banned not only from working in regulated financial services but also from the railway operator.

By Catherina GioinoOctober 9, 2026
Today’s top high-yield savings rates: Up to 4.50% on Oct. 9, 2026

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

By Glen Luke FlanaganOctober 9, 2026
More in Banking
Personal Finance
More in Personal Finance
‘Are we rich?’ The question billionaire and millionaire parents dread, and what happens when they dodge it
‘Are we rich?’ The question billionaire and millionaire parents dread, and what happens when they dodge it

Parents often hide the scale of family wealth, but it can leave heirs unprepared and spark conflict over philanthropy and succession

By Mia OsmonbekovOctober 9, 2026
‘The elder daughter phenomenon’: Edward Jones head Penny Pennington said the economy is propped up by eldest daughters

Caregiving is a trillion-dollar industry, and eldest daughters take the brunt of it.

By Joshua HongOctober 9, 2026
Current price of gold as of October 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 BakstOctober 9, 2026
Elon Musk just lost his trillionaire status again after three days—but he says ‘it’s not like it’s sitting in a bank account’ anyway

SpaceX founder Elon Musk lost $63 billion in the span of days, falling out of the trillionaire club for the second time.

By Emma BurleighOctober 9, 2026
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Investing
More in Investing
Current price of Bitcoin for Oct. 9, 2026
Current price of Bitcoin for October 9, 2026

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

By Joseph HostetlerOctober 9, 2026
Current price of Ethereum for October 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 HostetlerOctober 9, 2026
Disney offered a 13-year-old $2 million to sing in ‘The Lion King.’ His mom took $100K plus royalties instead. He’s still getting paid 34 years later

Jason Weaver’s mom once backed Aretha Franklin. She bet on royalties over Disney’s cash—and it’s paid more than the $2 million he gave up.

By Orianna Rosa RoyleOctober 9, 2026
Is AI the new China Shock?

When China joined the WTO in 2001, that one move set off the largest capital spending boom the world had ever seen. Twenty-five years later, here we are.

By Jared FranzOctober 9, 2026
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Real Estate
More in Real Estate
Current ARM mortgage rates report for Oct. 9, 2026
Current ARM mortgage rates report for Oct. 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 FlanaganOctober 9, 2026
Current refi mortgage rates report for Oct. 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 FlanaganOctober 9, 2026
Today’s home equity loan and HELOC rates, Oct. 9, 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 HostetlerOctober 9, 2026
Mortgage rates today, Oct. 9, 2026: Slight tick down for some loan types

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 FlanaganOctober 9, 2026
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Energy
More in Energy
Tamboran Resources CEO stands in front of an H&P drilling rig shipped from the U.S. to Australia's Beetaloo Basin.
How U.S. know-how is fracking Australia into a gas boom, from Texas oilmen to Trump’s energy secretary

Texas wildcatters, oilfield services giants, and U.S. Energy Secretary Chris Wright helped Australia’s Beetaloo Basin deliver its first commercial gas. The hard part is still ahead.

By Jordan BlumOctober 10, 2026
Trump struck a diesel deal with Putin just weeks after signing Russia sanctions. Zelenskyy calls it ‘a weak decision’

With U.S. diesel at $6.23 a gallon, the Treasury Department is easing restrictions on Russian diesel shipments for six months.

By Michelle L. Price, Collin Binkley and The Associated PressOctober 9, 2026
Fortune 500 Power Moves: Which executives gained and lost power this week

See which Fortune 500 companies are making changes to their C-suite ranks.

By Fortune EditorsOctober 9, 2026
‘I drive a Tesla’: After Elon Musk said he’d lose his job, Delta CEO Ed Bastian says there’s ‘no tit for tat’ as airline unveils earnings miss

Bastian says the Starlink snub was business, not personal, as a 62% fuel jump led to Delta’s first earnings miss in two years.

By Catherina GioinoOctober 9, 2026
More in Energy
Crypto
More in Crypto
Person holds up phone showing sports betting stats with a basketball and beers in the background.
Head of prominent gambling addiction nonprofit resigns after backlash to $2 million Kalshi donation

National Council on Problem Gambling executive director Heather Maurer required board members to sign NDAs before revealing the donation.

By Camila Grigera NaónOctober 9, 2026
NFL urges Supreme Court to back state gambling rules—breaking with other leagues on prediction markets

The league wants clarity “before another NFL season goes by” to preserve game integrity.

By Camila Grigera NaónOctober 8, 2026
A $443 million memecoin frenzy dissolves into nothing—Robinhood and Circle are latest to taste the memecoin boom-and-bust cycle

Robinhood Chain saw a brief surge in memecoin trading before volumes dropped 96%.

By Camila Grigera NaónOctober 6, 2026
Four tribes partner with Kalshi to launch prediction apps–a move that undercuts Native American opposition to the industry

For tribes left out of the $46 billion casino boom, a disputed industry offers a different path.

By Camila Grigera NaónOctober 7, 2026
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Current price of oil as of June 17, 2026
Personal Finance
Current price of oil as of June 17, 2026
By Joseph HostetlerJune 17, 2026
  • Top CD rates from major banks June 16, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
    Personal Finance
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    By Joseph HostetlerJune 16, 2026
Abhinav Agarwal and Jenny Duan
Startups & Venture
Exclusive: A 21-year-old Stanford grad just raised $11 million to put a hormone lab on your wrist
By Lily Mae LazarusJune 17, 2026
Karta founders Orlando Espinoza and Freddy Juez smile at the camera while holding up Karta cards.
Startups & Venture
Exclusive: Karta raises $15 million to bring WhatsApp-run U.S. credit cards to global travelers
By Camila Grigera NaónJune 17, 2026
Current price of silver as of Wednesday, June 17, 2026
Personal Finance
Current price of silver as of Wednesday, June 17, 2026
By Joseph HostetlerJune 17, 2026
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Newsletters
CFO pay surged 8% last year—and long-term incentives now account for 63% of the average package
By Sheryl EstradaJune 17, 2026
Michael Burry attends the "The Big Short" New York premiere at Ziegfeld Theater on November 23, 2015 in New York City.
Investing
Michael Burry is ‘tempted’ to short Elon Musk’s SpaceX, but says it’s not enticing enough for ‘fundamentally a small space company’
By Eleanor PringleJune 17, 2026
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Exclusive: Universal beat Disney as Hollywood’s maker of the most expensive movie of all time 
Arts & Entertainment
Exclusive: Universal beat Disney as Hollywood’s maker of the most expensive movie of all time 
By Christian SyltJune 17, 2026
Top CD rates on June 17, 2026: Lock in up to up to 4.30%
Personal Finance
Top CD rates on June 17, 2026: Lock in up to up to 4.30%
By Glen Luke FlanaganJune 17, 2026
The top high-yield savings rates: Up to 5.00% on June 17, 2026
Personal Finance
The top high-yield savings rates: Up to 5.00% on June 17, 2026
By Glen Luke FlanaganJune 17, 2026
The art of the bail: Iran got what it wanted. Did the U.S.? Everyone is judging Trump’s MIA MOU
Middle East
The art of the bail: Iran got what it wanted. Did the U.S.? Everyone is judging Trump’s MIA MOU
By Jim EdwardsJune 17, 2026
op
Economy
Your raise used to go offshore. Then it went to a buyback. Now it’s going to a data center
By Nick LichtenbergJune 17, 2026
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    Personal Finance
    Current price of Ethereum for June 16, 2026
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The man who lived through the fall of the Soviet Union and helped wealthy Chinese move to Canada sees a familiar picture in America
Success
The man who lived through the fall of the Soviet Union and helped wealthy Chinese move to Canada sees a familiar picture in America
By Nick LichtenbergJune 17, 2026
Doctors and nurses huddle in a hospital hallway
Economy
Trump’s OBBBA will cap federal loans on July 1. Republicans are going over Trump’s head to save student loans for nurses
By Jacqueline MunisJune 17, 2026
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Personal Finance
‘Social Security is on a collision course toward insolvency,’ watchdog says. It hasn’t been this bad since 1983
By Nick LichtenbergJune 17, 2026
Mortgage rates, June 17, 2026
Personal Finance
Mortgage rates, June 17, 2026
By Glen Luke FlanaganJune 17, 2026
Current refi mortgage rates report for June 17, 2026
Personal Finance
Current refi mortgage rates report for June 17, 2026
By Glen Luke FlanaganJune 17, 2026
Current ARM mortgage rates report for June 17, 2026
Personal Finance
Current ARM mortgage rates report for June 17, 2026
By Glen Luke FlanaganJune 17, 2026
The new problem for millennial parents in the Northeast: The million-dollar starter home
Real Estate
The new problem for millennial parents in the Northeast: The million-dollar starter home
By Sydney LakeJune 17, 2026
Vietnam has to find $200 billion to fund its ambitious growth agenda. Techcombank’s CEO thinks that has to come from overseas
Banking
Vietnam has to find $200 billion to fund its ambitious growth agenda. Techcombank’s CEO thinks that has to come from overseas
By Angelica AngJune 16, 2026
Vessels lie at anchor in the Strait of Hormuz off Iran's coast.
Energy
Filling up your car won’t feel normal until next summer, S&P says
By Tristan BoveJune 16, 2026
A man sits at a red checkerboard table with a Tiffany-style Pizza Hut lamp hanging above him.
Retail
Pizza Hut is getting the private equity treatment in a $2.7 billion deal as its owner offloads the brand that defined 1990s dining nostalgia
By Sasha RogelbergJune 16, 2026
Exclusive: PayPal winds down venture arm as fintech giant restructures under new CEO
Startups & Venture
Exclusive: PayPal winds down venture arm as fintech giant restructures under new CEO
By Ben WeissJune 16, 2026
‘Making China the elephant in the room’: The G7 confronts its reliance on U.S. AI and Chinese energy supply chains, experts say
Europe
‘Making China the elephant in the room’: The G7 confronts its reliance on U.S. AI and Chinese energy supply chains, experts say
By Mia OsmonbekovJune 16, 2026
U.S. Treasury Secretary Scott Bessent.
Economy
Trump turned the dollar into a foreign policy tool, and now risks undermining the currency’s extraordinary status, think tank says
By Tristan BoveJune 16, 2026
CEO of Tesla and SpaceX Elon Musk
Investing
SpaceX just surpassed Amazon’s market cap, overtaking the 31-year-old company on day three of public trading
By Eva RoytburgJune 16, 2026
students
Success
College students are voting with their feet on AI. Goldman has the receipts
By Nick LichtenbergJune 16, 2026
Robinhood CEO Vladimir Tenev smiles during the ringing of the Opening Bell at the New York Stock Exchange last March.
Crypto
Robinhood announces it will reduce headcount by 10%, CEO seeks to avoid ‘heavily-layered’ organization
By Camila Grigera NaónJune 16, 2026
Chairman of the Federal Reserve Kevin Warsh arrives to his swearing-in ceremony to be the new Chairman of the Federal Reserve in the East Room of the White House on May 22, 2026 in Washington, DC.
Economy
Kevin Warsh’s first Fed test is here: He must navigate hawks ‘on the offensive’ and Wall Street’s hunger for details on regime change
By Eleanor PringleJune 16, 2026
Current price of gold as of June 16, 2026
Personal Finance
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By Danny BakstJune 16, 2026
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No country for rich men: 6 out of 10 wealthy Americans want to pull a Clooney and pack their bags
By Nick LichtenbergJune 16, 2026
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Jeff Bezos says a 3-day workweek and more single-income households are on the way thanks to AI: ‘It’s going to be difficult to hire people’placeholder alt text
By Preston ForeOctober 9, 2026
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Disney offered a 13-year-old $2 million to sing in ‘The Lion King.’ His mom took $100K plus royalties instead. He’s still getting paid 34 years laterplaceholder alt text
By Orianna Rosa RoyleOctober 9, 2026
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Nvidia built a $5 trillion company while making employees pay for their own lunch—but they get far more lucrative perks like stock discountsplaceholder alt text
By Marco Quiroz-GutierrezOctober 10, 2026
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