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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.
Frustrated man in work meeting
Real estate billionaire launched his entire career after being called the ‘worst analyst’ and quitting his cushy job at Goldman Sachs

Real estate mogul Fernando De Leon left Goldman Sachs after being told that he wasn’t the best fit for the $293.4 billion bank—and it set him up to become a self-made billionaire.

By Emma BurleighMay 27, 2026
new
Donald Newhouse saw the internet coming in 2004. His newspapers still weren’t ready
By Scott Mayerowitz and The Associated PressMay 27, 2026
leo
Ferrari presents Pope with its first ever electric car, stock plunges 8%
By Alexa St. John and The Associated PressMay 27, 2026
Current price of Ethereum for May 27, 2026
Current price of Ethereum for May 27, 2026
By Joseph HostetlerMay 27, 2026
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S&P 500 sets all-time high, welcomes another company to $1 trillion market cap club
By Stan Choe and The Associated PressMay 27, 2026
Top CD rates from major banks May 27, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Top CD rates from major banks on May 27, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerMay 27, 2026
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Economy
More in Economy
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Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it

JPMorganChase is deploying nearly $40 million to community lenders across the country — the first concrete move under Dimon’s American Dream Initiative.

By Nick LichtenbergMay 27, 2026
How Sam Altman fooled Sundar Pichai — and pushed Google into cannibalizing itself

A former GE Energy director and veteran Washington Post and Fortune columnist argues that OpenAI’s AI narrative panicked Google into systematically destroying its own business model — and that a reckoning is approaching.

By Sunil SharanMay 27, 2026
The only jobs giving out pay raises right now are in construction, mining, and public administration, the New York Fed finds

Everything you need to know before you reach the office this morning.

By Eleanor PringleMay 27, 2026
I’ve been a CEO for 25 years. The AI hype and hysteria is getting old

I’ve watched the internet, mobile, crypto, and cloud reshape business and this boardroom panic is not helpful. Here’s the real conversation we should be having.

By Gil MandelzisMay 27, 2026
More in Economy
Banking
More in Banking
Robinhood launches agentic trading, announces credit card for AI agents with 3% cash back
Robinhood launches agentic trading, announces credit card for AI agents with 3% cash back

Robinhood announced that customers can now use agents to conduct stock trading and shop with its credit card.

By Jeff John RobertsMay 27, 2026
Exclusive: Airwallex launches billing product as $8 billion fintech continues to compete with rival Stripe

The new product will help companies generate invoices and bill customers for how much they’ve used a software developer’s platform.

By Ben WeissMay 27, 2026
Citi’s 5-year comeback: How CEO Jane Fraser turned the bank’s chronic underperformance into decade-high revenue

20,000 layoffs, 14 markets exited, one flatter bank—Jane Fraser’s Citi playbook is working. Wall Street wants to know what’s next.

By Claire ZillmanMay 27, 2026
The top high-yield savings rates: Up to 5.00% on May 27, 2026

There are still high-yield savings accounts offering APYs around 5%. See which banks have the highest savings account rates available on May 27, 2026.

By Glen Luke FlanaganMay 27, 2026
More in Banking
Personal Finance
More in Personal Finance
Current price of Bitcoin for May 27, 2026
Current price of Bitcoin for May 27, 2026

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

By Joseph HostetlerMay 27, 2026
Current price of gold as of May 27, 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 BakstMay 27, 2026
Current price of silver as of Wednesday, May 27, 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 HostetlerMay 27, 2026
Current price of oil as of May 27, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

By Joseph HostetlerMay 27, 2026
More in Personal Finance
Investing
More in Investing
Five giant hyperscalers—and Nvidia—share a surprising trait: female CFOs
Five giant hyperscalers—and Nvidia—share a surprising trait: female CFOs

How female finance chiefs rose to the top at the most consequential moment for AI spending.

By Sheryl EstradaMay 27, 2026
This billionaire is capping his kids inheritance at 8 figures and giving the rest away—like Bill Gates, he says generational wealth is bad for society

Voyager founder Dylan Taylor says his kids will inherit millions, not billions—he’d rather fund philanthropy than future generations he’ll never meet.

By Orianna Rosa RoyleMay 27, 2026
America’s housing market decline is ‘no longer just a Sun Belt story’—LA and Dallas are tumbling, too

Price drops, broadening geographic weakness and a mortgage rate shock have prompted one leading forecaster to slash its outlook for 2026.

By Nick LichtenbergMay 26, 2026
Billionaire Mark Cuban says bye-bye Bitcoin: Why he is ‘disappointed’ by crypto

‘It’s not the hedge that I expected it to be,’ Cuban said

By Jack KubinecMay 26, 2026
More in Investing
Real Estate
More in Real Estate
Current refi mortgage rates report for May 27, 2026
Current refi mortgage rates report for May 27, 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 FlanaganMay 27, 2026
Current ARM mortgage rates report for May 27, 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 FlanaganMay 27, 2026
Current refi mortgage rates report for May 25, 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 FlanaganMay 25, 2026
Mortgage rates today, May 27, 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 FlanaganMay 27, 2026
More in Real Estate
Energy
More in Energy
indonesia
Indonesia jolts China with ‘hostile takeover’ of key commodities in American-influenced move

President Prabowo’s new state trading entity — registered a day before the announcement — will control Indonesia’s biggest commodity exports by September.

By Edna Tarigan, Anton L. Delgado and The Associated PressMay 26, 2026
BP ousts chairman months into his tenure, citing ‘important governance standards, oversight and conduct’ concerns

Albert Manifold is out over governance and conduct failures, leaving BP with an interim chair and a new CEO as net income fell 86% last year.

By Michelle Chapman and The Associated PressMay 26, 2026
Markets rejoice as deal to reopen Hormuz nears, but U.S. forces conduct ‘self-defense strikes’ on Iranian missile sites and boats laying mines

“U.S. forces conducted self-defense strikes in southern Iran today to protect our troops from threats posed by Iranian forces.”

By Jason MaMay 25, 2026
Current price of oil as of May 26, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

By Joseph HostetlerMay 26, 2026
More in Energy
Crypto
More in Crypto
Coinbase pushes further into AI payments with new MCP for Base network
Coinbase pushes further into AI payments with new MCP for Base network

The launch is the latest development in the fast-emerging world of agentic commerce being built by Stripe, Coinbase and others.

By Jeff John RobertsMay 26, 2026
Variational raises $50 million Series A to bring liquidity from traditional markets to blockchain rails

The startup is seeking to set itself apart from Hyperliquid by sourcing liquidity from traditional providers.

By Jack KubinecMay 20, 2026
Eisen raises $18.5 million to help Americans recover forgotten funds before they are sent to state governments

The startup says it is helping people recover unclaimed money turned over to states in a process known as escheatment

By Jack KubinecMay 19, 2026
Exclusive: Circle cofounder raises $30 million for Series A ‘AI-native bank’ Catena Labs

Sean Neville’s startup aims to build banking tools especially designed for AI agents.

By Ben WeissMay 20, 2026
More in Crypto
Latest Stories
Fortune’s 2026 Most Powerful Women list has a new No. 1
NewslettersFortune’s 2026 Most Powerful Women list has a new No. 1
By Emma HinchliffeMay 27, 2026
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North AmericaShuttle buses, no food court, and a UFC cage out front — the Spelling Bee kids want their old venue back
By Ben Nuckols and The Associated PressMay 27, 2026
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EnvironmentThe river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish
By Dorany Pineda, Brittany Peterson and The Associated PressMay 27, 2026
zuck
LawSupreme Court lets Vermont’s Meta lawsuit proceed, opening door to 50-state legal wave
By Lindsay Whitehurst and The Associated PressMay 27, 2026
Legion Pulse Pre-Workout Review (2026): Expert Tested
HealthLegion Pulse Pre-Workout Review (2026): Expert Tested
By Emily PharesMay 27, 2026
bezo
InnovationNASA just awarded its first moon base contracts—and Jeff Bezos was on the list
By Marcia Dunn and The Associated PressMay 27, 2026
Trump is building a 5,000-seat UFC cage outside the White House to celebrate the country’s 250th and his 80th birthday
PoliticsTrump is building a 5,000-seat UFC cage outside the White House to celebrate the country’s 250th and his 80th birthday
By The Associated Press and Will WeissertMay 27, 2026
The 2026 Fortune Most Powerful Women list is here—and 11 CFOs made the cut
NewslettersThe 2026 Fortune Most Powerful Women list is here—and 11 CFOs made the cut
By Sheryl EstradaMay 27, 2026
More Finance
Tom Steyer’s $195 million political advertising spend breaks record as the most expensive campaign this year
PoliticsTom Steyer’s $195 million political advertising spend breaks record as the most expensive campaign this year
By The Associated Press and MIchael R. BloodMay 27, 2026
  • f
    EconomyThe economist who wrote the book on sports finance has a number for FIFA’s World Cup haul: $15 billion
    By Richard Sheehan and The ConversationMay 25, 2026
Top CD rates today, May 27, 2026: Lock in up to up to 4.30%
Personal FinanceTop CD rates today, May 27, 2026: Lock in up to up to 4.30%
By Glen Luke FlanaganMay 27, 2026
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North AmericaThis is no way to treat our Swiss friends
By Richard W. RahnMay 27, 2026
Sam Altman, wearing a suit, speaks in front of a dark red background.
AISam Altman and Dario Amodei are both walking back their AI jobs apocalypse prophecies as they eye blockbuster IPOs
By Sasha RogelbergMay 26, 2026
Dozens of people sit on a stairs and hold a large banner reading 'Freedom to unionize now'
EconomyUber drivers in Massachusetts just pulled off the biggest labor win since 1941 — just before the robots arrive
By Leah Willingham and The Associated PressMay 26, 2026
Largest study of AI hiring algorithms to date finds ‘clear racial disparities’ — over 25% of Black applicants tainted by bias
AILargest study of AI hiring algorithms to date finds ‘clear racial disparities’ — over 25% of Black applicants tainted by bias
By Nick LichtenbergMay 26, 2026
  • Antonio Gracias, founder, chief executive officer and chief investment officer of Valor Equity Partners
    InvestingElon Musk’s best friend could make more than $100 billion from SpaceX’s IPO. His firm is also owed billions by SpaceX
    By Eva RoytburgMay 25, 2026
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InvestingGoldman Sachs just ran some ugly numbers on the SaaSPocalypse—and found hedge funds are dumping software and piling into semis
By Nick LichtenbergMay 26, 2026
Rear view of a depressed non binary person looking out of their bedroom window on a sunny day - negative emotion
EconomyAmerica is becoming less neighborly, and it’s hurting Gen Z and millennials’ chances at economic mobility
By Tristan BoveMay 26, 2026
Bill Winters, chief executive officer of Standard Chartered
SuccessAfter receiving backlash, the CEO of Standard Chartered apologizes for hurt over saying ‘lower value human capital’ will be automated by AI
By Emma BurleighMay 26, 2026
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PoliticsHow $580,000 hidden under a sofa cushion became a constitutional crisis in South Africa
By Gerald Imray and The Associated PressMay 26, 2026
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North AmericaGas is up 51% since February. Americans just started buying less of everything else
By Christopher Rugaber and The Associated PressMay 26, 2026
  • mollick
    Economy‘Nobody knows anything’ and ‘this time is different’: the phrases that define — and haunt — the AI economy
    By Nick LichtenbergMay 25, 2026
The First National Bank of America logo on a green layered background.
Personal FinanceFirst National Bank of America CD rates 2026: High APYs and terms up to 10 years
By Joseph HostetlerMay 26, 2026
Current price of Ethereum for May 26, 2026
Personal FinanceCurrent price of Ethereum for May 26, 2026
By Joseph HostetlerMay 26, 2026
Current price of Bitcoin for May 26, 2026
Personal FinanceCurrent price of Bitcoin for May 26, 2026
By Joseph HostetlerMay 26, 2026
Top CD rates from major banks May 26, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceTop CD rates from major banks on May 26, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerMay 26, 2026
Current price of silver as of Monday, May 26, 2026
Personal FinanceCurrent price of silver as of Tuesday, May 26, 2026
By Joseph HostetlerMay 26, 2026
Current price of gold as of May 26, 2026
Personal FinanceCurrent price of gold as of May 26, 2026
By Danny BakstMay 26, 2026
florida
CommentaryThe next great American tech hub isn’t a city. It’s a corridor between New York and Miami
By Patrick Chun and Matt HigginsMay 26, 2026
Spotify is aiming for 1 billion users and 20% operating margins by 2030. Here’s how it plans to get there
NewslettersSpotify is aiming for 1 billion users and 20% operating margins by 2030. Here’s how it plans to get there
By Sheryl EstradaMay 26, 2026
revere
CommentaryAmerica turns 250 with a dangerous new problem: We no longer agree on what’s real
By Richard TorrenzanoMay 26, 2026
U.S. President Donald Trump arrives to the commencement ceremony on Cadet Memorial Field at the United States Coast Guard Academy on May 20, 2026 in New London, Connecticut.
EconomyU.S. would only break Iranian ceasefire if there was ‘absolutely no alternative,’ says Deutsche Bank—this weekend was a warning shot
By Eleanor PringleMay 26, 2026
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CommentaryThe Supreme Court handed Trump a Golden Chariot on tariffs — now he just has to take it
By Jeffrey Sonnenfeld and Steven TianMay 26, 2026
Ali Hussain (left) and Mike MacLennan (right) smile
AIExclusive: The next wave of AI drive-thrus is here—and a16z and Arc think it finally works
By Lily Mae LazarusMay 26, 2026
dario
Future of WorkBig Four consulting has 2 AI nightmares. KPMG’s answer to both is the same
By Nick LichtenbergMay 26, 2026
Jim Williamson
CommentaryAmerica turns 250. Its greatest innovation wasn’t the car or the computer — it was learning to share risk
By Jim WilliamsonMay 26, 2026
rose
CommentaryFrom service to skilled trades: America’s most overlooked workforce pipeline
By Rose Van AlstineMay 26, 2026
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PoliticsDemocrats want to run on corruption. Their own stock trades keep getting in the way
By Matt Brown and The Associated PressMay 25, 2026
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North AmericaAmerica’s largest oil export hub is so starved of water that it’s been illegal to have a green lawn for 2 years
By Michelle Hummel and The ConversationMay 25, 2026
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EnvironmentYou can’t repair your tractor because Hollywood was terrified of the VCR
By Oana Godeanu-Kenworthy and The ConversationMay 25, 2026
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EnvironmentRice feeds more than half the world. It’s also the climate equivalent of 239 million cars
By Hanqin Tian, Jingting Zhang, Pep Canadell, Shufen (Susan) Pan and The ConversationMay 25, 2026
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The U.S. campaigned to host the World Cup. Now soccer fans will trade their countries' train system for the U.S.'s 'D' rated infrastructureplaceholder alt text
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