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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

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.
Bessent becomes most interventionist Treasury chief in decades
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
sb
Scott Bessent on the national debt: ‘There’s nothing magic about the $40 trillion number’
By Nick LichtenbergAugust 20, 2026
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
By Tatiana SatauaAugust 20, 2026
The U.S. cabinet faces some tough budgetary decisions.
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
By Eleanor PringleAugust 20, 2026
Photo fo Walmart
Facing weary customers, Walmart will use its nearly $3 billion in tariff refunds to lower prices
By Mia OsmonbekovAugust 20, 2026
Billionaire biotech pioneer Robert Langer
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’
By Emma BurleighAugust 20, 2026
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Economy
More in Economy
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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
You are paying for your favorite college athlete now: ‘the next stage of the arms race’

Taxpayers are putting millions into athletic programs as schools face rising athlete payments, facility costs and an escalating spending race.

By David A. Lieb and The Associated PressAugust 20, 2026
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
Walmart’s sales growth falls to 6-year low as Middle American shoppers go on strike

America’s largest retailer saw keeps winning customers making more than $100,000, though.

By Anne D'Innocenzio and The Associated PressAugust 20, 2026
More in Economy
Banking
More in Banking
company's initial public offering at the New York Stock Exchange on Sept. 10, 2025.
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
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
Today’s top high-yield savings rates: Up to 4.50% on Aug. 20, 2026

You can still find high-yield savings accounts offering rates around 5%… If you know where to look. Here’s our list of the highest savings account rates available today.

By Glen Luke FlanaganAugust 20, 2026
Top CD rates from major banks on August 20, 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 HostetlerAugust 20, 2026
More in Banking
Personal Finance
More in Personal Finance
Current price of gold as of August 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
‘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 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
Current price of silver as of Thursday, August 20, 2026

Silver is a (comparatively) safe and reliable asset that can help you to preserve the value of your money during times of inflation.

By Joseph HostetlerAugust 20, 2026
More in Personal Finance
Investing
More in Investing
Current price of Bitcoin for Aug. 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
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
Bond traders are testing Kevin Warsh: The Fed chair will heed—but not be ruled by—them, says an economist who spent years sitting next to him

“He wants the Fed to think in terms of the bigger picture … and people are finding that frustrating, but I think he’s been very, very clear.”

By Eleanor PringleAugust 19, 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
More in Investing
Real Estate
More in Real Estate
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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
‘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
Current ARM mortgage rates report for Aug. 20, 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 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
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
Venezuela oil minister to U.S. companies: ‘It’s an entire world waiting to be discovered’

Smaller, private U.S. oil producers are beginning to ink deals in Venezuela as the dilapidated energy industry evolves.

By Jordan BlumAugust 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
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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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
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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
Senators demand answers from TikTok About ‘depraved’ experiment
Cybersecurity
Senators demand answers from TikTok About ‘depraved’ experiment
By Olivia Carville and BloombergAugust 20, 2026
Sam Altman walking.
Newsletters
The AI industry is getting better at spotting dangerous behavior. It is less clear that labs know how to stop it.
By Beatrice NolanAugust 20, 2026
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Elon Musk arrives at the courthouse during his trial against OpenAI
Crypto
Elon Musk likes Bitcoin—but he just told a jury most crypto coins are scams
By Jack KubinecApril 30, 2026
  • People wait in long lines at the airport.
    Politics
    More airport disruptions may be coming as White House warns pay for TSA workers will ‘soon run out’
    By Lisa Mascaro and The Associated PressApril 29, 2026
zohran
Politics
Days after trolling billionaire Ken Griffin, Mamdani suggests King Charles should return a crown jewel to India
By Nick LichtenbergApril 30, 2026
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at the Norges Bank Investment Management annual investment conference in Oslo, Norway, on Tuesday, April 28, 2026.
Economy
For years, the risk Jamie Dimon was most concerned about was geopolitics. His answer has shifted
By Eleanor PringleApril 30, 2026
inflation
Economy
The biggest jump in 3 years: gas’ effect on core inflation in March revealed
By Christopher Rugaber and The Associated PressApril 30, 2026
inflation
Economy
U.S. GDP rebounds from lackluster end to 2025, grows at 2% rate in first quarter
By Paul Wiseman and The Associated PressApril 30, 2026
google
Investing
Google shares hit all-time high on blowout earnings, market cap doubles to $4.4 trillion in just a year
By Michael Liedtke and The Associated PressApril 30, 2026
  • trump
    Energy
    Trump spent nearly $2 billion of taxpayer money to undo wind projects already underway. Dems demand answers
    By Jennifer McDermott and The Associated PressApril 29, 2026
AWS
Big Tech
Amazon’s cloud sales are growing the most in 15 quarters. Investors sent the stock down on AI capex fears
By Anne D'Innocenzio and The Associated PressApril 30, 2026
Current price of gold as of April 30, 2026
Personal Finance
Current price of gold as of April 30, 2026
By Danny BakstApril 30, 2026
April 30, 2026
Personal Finance
Top CD rates from major banks on April 30, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerApril 30, 2026
Current price of Ethereum for April 30, 2026
Personal Finance
Current price of Ethereum for April 30, 2026
By Joseph HostetlerApril 30, 2026
Current price of Bitcoin for April 30, 2026
Personal Finance
Current price of Bitcoin for April 30, 2026
By Joseph HostetlerApril 30, 2026
  • Jamie Dimon says bureaucracy sinks companies and the solution may be getting rid of the ‘jerks’ who don’t want to solve it
    C-Suite
    Jamie Dimon says bureaucracy sinks companies and the solution may be getting rid of the ‘jerks’ who don’t want to solve it
    By Marco Quiroz-GutierrezApril 29, 2026
Current price of oil as of April 30, 2026
Personal Finance
Current price of oil as of April 30, 2026
By Joseph HostetlerApril 30, 2026
Current price of silver as of Thursday, April 30, 2026
Personal Finance
Current price of silver as of Thursday, April 30, 2026
By Joseph HostetlerApril 30, 2026
Trump-tied public crypto company buys startup from one-time ‘cannabis king’ who serves as current advisor in deal worth up to $43 million
Crypto
Trump-tied public crypto company buys startup from one-time ‘cannabis king’ who serves as current advisor in deal worth up to $43 million
By Ben WeissApril 30, 2026
agentic
Commentary
Why your data infrastructure — not your AI model — will determine whether Agentic AI scales
By Jeffrey Sonnenfeld, Stephen Henriques, Catherine Dai and Zander JeinthanuttkanontApril 30, 2026
Photo of Mohamed El-Erian
Economy
The global economy has a month—eight weeks at most—to avoid a recession, warns top economist
By Eleanor PringleApril 30, 2026
Global investors are shrugging off Iran worries and returning to markets in Asia, the ‘backbone of the whole AI value chain’
Asia
Global investors are shrugging off Iran worries and returning to markets in Asia, the ‘backbone of the whole AI value chain’
By Angelica AngApril 30, 2026
Photo: Donald Trump
Big Tech
With no end in sight, Trump considers new options in Iran war—including the ‘Dark Eagle’ hypersonic missile
By Jim EdwardsApril 30, 2026
Top CD rates on April 30, 2026: Lock in up to up to 4.20%
Personal Finance
Top CD rates on April 30, 2026: Lock in up to up to 4.20%
By Glen Luke FlanaganApril 30, 2026
The top high-yield savings rates: Up to 5.00% on April 30, 2026
Personal Finance
The top high-yield savings rates: Up to 5.00% on April 30, 2026
By Glen Luke FlanaganApril 30, 2026
tillis
Commentary
Thom Tillis: Free markets built American prosperity. Government intervention puts it at risk
By Thom Tillis and John StanfordApril 30, 2026
iran
Commentary
The Strait of Hormuz is a data problem, not just a military one
By Erik Bethel and Ami DanielApril 30, 2026
Current refi mortgage rates report for April 30, 2026
Personal Finance
Current refi mortgage rates report for April 30, 2026
By Glen Luke FlanaganApril 30, 2026
Mortgage rates, April 30, 2026
Personal Finance
Mortgage rates, April 30, 2026
By Glen Luke FlanaganApril 30, 2026
Current ARM mortgage rates report for April 30, 2026
Personal Finance
Current ARM mortgage rates report for April 30, 2026
By Glen Luke FlanaganApril 30, 2026
Piles of U.S. one-dollar bills split into sections of various height
Economy
The debt crisis Congress has been ignoring could cost the average U.S. household $18,000 a year, according to a Brookings analysis
By Shawn TullyApril 30, 2026
Man wearing a suit and tie and glasses
Big Tech
Microsoft, Meta, and Google just announced billions more in AI spending. Only Google convinced investors it’s paying off
By Amanda GerutApril 29, 2026
A man in a suit and tie
Investing
Meta just bumped its 2026 capex forecast up to as much as $145 billion for the AI boom—and investors flinched
By Amanda GerutApril 29, 2026
Exclusive: America’s largest Black-owned bank launches podcast with mission to unlock hidden shame holding back generational wealth
Banking
Exclusive: America’s largest Black-owned bank launches podcast with mission to unlock hidden shame holding back generational wealth
By Nick LichtenbergApril 29, 2026
A broken grounded plane sits on the tarmac surrounded by machinery
North America
Trackers will be added to emergency vehicles at LaGuardia following deadly March collision
By Bruce Shipkowski and The Associated PressApril 29, 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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