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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.
The Fed may have reassured Powell that it’s safe to leave the board early when a new chair takes over: ‘I think he’s done with this job’

Given Powell’s commitment to Fed independence, there were doubts that he would leave the board when his replacement as chair comes in.

By Jason MaDecember 25, 2025
Current ARM mortgage rates report for Dec. 25, 2025
By Glen Luke FlanaganDecember 25, 2025
Current refi mortgage rates report for Dec. 25, 2025
By Glen Luke FlanaganDecember 25, 2025
Current mortgage rates report for Dec. 25, 2025
By Glen Luke FlanaganDecember 25, 2025
tariffs
53-year-old customs broker wants to ‘Make Trade Boring Again,’ saying you won’t believe how complex cheese is these days
By Matt Sedensky and The Associated PressDecember 24, 2025
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Economy
More in Economy
gas
Americans may be angry about affordability, but gas prices are the cheapest they’ve been all year in most states

Nationwide, unleaded gasoline is down more than 18 cents than it was at this time last year, and 21 cents from a month ago.

By Wyatte Grantham-Philips and The Associated PressDecember 24, 2025
Obama’s former top economic advisor says he feels ‘a tiny bit bad’ for Trump because gas prices are low, but consumer confidence is still plummeting 

“Consumers are just in this, whatever the highest price is, is the price they’re going to focus on,” Harvard professor Jason Furman said.

By Sasha RogelbergDecember 24, 2025
Millionaire tax plans spread as Washington state eyes new levy

Democrats across the US are increasingly exploring taxes as a way to capture the populist moment and address the country’s widening wealth gap.

By Anna Edgerton, Casey Murray and BloombergDecember 24, 2025
More in Economy
Banking
More in Banking
Tesla faces NHTSA probe over Model 3 emergency door handles

The National Highway Traffic Safety Administration said it’s evaluating claims that the mechanical door release “is hidden, unlabeled, and not intuitive to locate during an emergency.”

By Dana Hull and BloombergDecember 24, 2025
Trump turns government into giant debt collector with threat to garnish wages on millions of Americans in default on student loans

Millions of borrowers are considered in default, meaning they are 270 days past due on their payments.

By Annie Ma and The Associated PressDecember 24, 2025
Trump just declared Christmas Eve a national holiday. Here’s what’s open and closed

It’s one of two new holidays he announced.

By Dave SmithDecember 24, 2025
More in Banking
Personal Finance
More in Personal Finance
Close up shot of sad worker in festive decorated office packing desk belongings on last day at work. Asian woman wearing xmas hat getting fired from job before Christmas holiday season, leaving
GDP data confirms the Gen Z nightmare: the era of jobless growth is here

“I’ve never seen anything like it,” KPMG’s chief economist Diane Swonk told Fortune.

By Eva RoytburgDecember 24, 2025
Current price of gold as of December 24, 2025

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 BakstDecember 24, 2025
Current price of platinum as of Wednesday, December 24, 2025

Investing in precious metals can be part of a smart strategy to preserve the value of your money during times of inflation. Here’s what you need to know about the price of platinum.

By Joseph HostetlerDecember 24, 2025
More in Personal Finance
Investing
More in Investing
Ali Ghodsi
CEO of a $134 billion software giant blasts companies with billions in funding but zero revenue: ‘That’s clearly a bubble, right… it’s, like, insane’

Databricks CEO Ali Ghodsi says he’s hearing from venture capitalists “maybe I should just go on a break for, like, six months” to let the bubble simmer.

By Nick LichtenbergDecember 24, 2025
Why gold went through the roof this year—and why its price may have been raised permanently

Research from Duke University suggests that the introduction of gold exchange-traded funds permanently pushed up the price of gold.

By Jim EdwardsDecember 24, 2025
How about $1.7 billion in your stocking for Christmas? Powerball’s 46 straight draws with no winner bring Yuletide greetings

The United States’ 4th-largest jackpot on record comes after 46 consecutive draws without someone claiming to have all six numbers.

By Olivia Diaz and The Associated PressDecember 24, 2025
More in Investing
Real Estate
More in Real Estate
economy
Why 4.3% GDP growth proves the ‘vibecession’ theory is historically wrong

Go beyond the grocery receipt: reality has math and the economy is recovering right now, period.

By Brian HamiltonDecember 24, 2025
Current ARM mortgage rates report for Dec. 24, 2025

Some homeowners might benefit from an adjustable-rate mortgage over the more common fixed-rate loans. Here’s what to know.

By Glen Luke FlanaganDecember 24, 2025
Current refi mortgage rates report for Dec. 24, 2025

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 FlanaganDecember 24, 2025
More in Real Estate
Energy
More in Energy
Calvin Butler, President and CEO, Exelon
Utility CEO on the data center crunch: America’s ‘check engine light’ is on and ‘no one’s going to pay attention until it breaks down’

“We are telling policy makers the warning lights are on,” Exelon CEO Calvin Butler told Diane Brady at Fortune Brainstorm AI in San Francisco.

By Nick LichtenbergDecember 24, 2025
Americans enjoy one refuge from inflation: The cheapest gas prices in years

Gas below $3 is a welcome relief to many Americans.

By Wyatte Grantham-Philips and The Associated PressDecember 23, 2025
Google Cloud chief reveals the long game: a decade of silicon and the energy battle behind the AI boom

“We’ve worked on TPUs since 2014 … a long time before AI was fashionable,” Thomas Kurian said at the Fortune Brainstorm AI conference.

By Nick LichtenbergDecember 23, 2025
More in Energy
Crypto
More in Crypto
man in suit
JPMorgan to allow crypto trading for institutional clients in latest embrace of the sector

CEO Jamie Dimon appears to have reversed course from once equating Bitcoin with a “pet rock.”

By Carlos GarciaDecember 23, 2025
Notorious crypto con man Sam Bankman-Fried has a prison passion project: giving legal advice to other inmates

The face of crypto fraud is helping other criminals prepare for their court cases.

By Carlos GarciaDecember 22, 2025
Chaos, cheap money, and a collapse in crypto send gold up 69% for the year, hitting a new record high

With two live armed conflicts over oil, weakness in the dollar, and Bitcoin off the menu for anxious investors, gold is the beneficiary, analysts said in emails sent to Fortune.

By Jim EdwardsDecember 22, 2025
More in Crypto
Latest Stories
HHS
LawMedicaid paid over $200 million to dead people in 2021 and 2022, federal watchdog says
By Fatima Hussein and The Associated PressDecember 24, 2025
nursing
Law‘Never seen such heroism’: Christmas Eve bravery on display as rescuers rush into burning nursing home that rocked Pa. city for miles around
By Mingson Lau, Marc Levy, Mark Scolforo and The Associated PressDecember 24, 2025
nursing
North AmericaPennsylvania nursing home rocked by deadly explosion on Christmas Eve
By Tassanee Vejpongsa, Mark Scolforo, Marc Levy and The Associated PressDecember 24, 2025
charity
Arts & EntertainmentMost Americans decide 2025 isn’t the year for charity, poll says
By James Pollard, Linley Sanders and The Associated PressDecember 24, 2025
prison
North AmericaTrump and CBS News’ chief both tried to stop a critical ’60 Minutes’ segment from airing. Somehow it leaked online anyway
By Safiyah Riddle and The Associated PressDecember 24, 2025
LawTricolor paid CEO $30 million in year before alleged fraud
By Scott Carpenter and BloombergDecember 24, 2025
Dianna Tompkins sits on a stair in front of her home in Demotte, Ind., Dec. 17, 2025.
Arts & EntertainmentWhen SNAP payments stopped, a fast-moving nonprofit program rushed in with $12 million—and kept families fed
By James Pollard and The Associated PressDecember 24, 2025
LawTrump’s $100,000 H-1B visa application fee upheld by judge
By Madlin Mekelburg and BloombergDecember 24, 2025
More Finance
Arkeem and Ashley with their 6 children.
SuccessMeet the millennial father of six who rebuilt his life through the trades—and questions America’s obsession with college
By Eva RoytburgDecember 24, 2025
North AmericaThe Powerball prize now stands at $1.7 billion. Here are the biggest jackpots in history—and where the winning tickets were sold
By The Associated PressDecember 24, 2025
Current price of silver as of Wednesday, December 24, 2025
Personal FinanceCurrent price of silver as of Wednesday, December 24, 2025
By Joseph HostetlerDecember 24, 2025
NewslettersHow AI is redefining finance leadership: ‘There has never been a more exciting time to be a CFO’
By Sheryl EstradaDecember 24, 2025
NewslettersThe AI startups founders and VCs say could be acquisition targets in 2026
By Allie GarfinkleDecember 24, 2025
President Donald Trump walks to the South Portico along the South Lawn at the White House on December 13, 2025 in Washington, DC
Economy‘Precarious’ is Wall Street’s defining word for 2026
By Eleanor PringleDecember 24, 2025
Personal FinanceBest CD rates today, Dec. 24, 2025: Earn up to 4.18% APY if you lock in now
By Glen Luke FlanaganDecember 24, 2025
Personal FinanceToday’s best high-yield savings account rates on Dec. 24, 2025: Earn up to 5.00% APY
By Glen Luke FlanaganDecember 24, 2025
Personal FinanceCurrent mortgage rates report for Dec. 24, 2025: Rates still holding steady
By Glen Luke FlanaganDecember 24, 2025
AI Artificial Intelligence on a laptop with a blue abstract background
BankingIn 2026 CFOs predict AI transformation, not just efficiency gains
By Sheryl EstradaDecember 24, 2025
RetailMove over caviar, the hottest luxury ingredient is crab
By Matthew Kronsberg and BloombergDecember 24, 2025
Personal FinanceBest certificates of deposit (CDs) for December 2025
By Glen Luke FlanaganDecember 23, 2025
PoliticsMedicaid paid more than $200 million to dead people, and Trump is rewriting privacy laws to fix it
By Fatima Hussein and The Associated PressDecember 23, 2025
AISilicon Valley’s tone-deaf take on the AI backlash will matter in 2026
By Sharon GoldmanDecember 23, 2025
In this photo illustration, a clerk holds Powerball lottery tickets at a convenience store
Personal FinanceFinancial experts warn future winner of the $1.7 billion Powerball: Don’t make these common money mistakes
By Ashley LutzDecember 23, 2025
Young rich woman in front of plane
SuccessThere are more self-made billionaires under 30 than ever before—11 of them have made the ultra-wealthy club in the last 3 months thanks to AI
By Emma BurleighDecember 23, 2025
Man with laptop working on yacht deck.
SuccessThe average worker would need to save for 52 years to claw their way out of the middle class and be classified as wealthy, new research reveals
By Orianna Rosa RoyleDecember 23, 2025
Charlie Javice, wearing a white blazer, walks and adjusts her sunglasses, looking to the side.
LawDisgraced millennial Frank founder Charlie Javice hits JPMorgan with $74 million legal bill, including $530 in gummy bears and $347 ‘afternoon snack’
By Sasha RogelbergDecember 23, 2025
Personal FinanceCurrent price of gold as of December 23, 2025
By Danny BakstDecember 23, 2025
Price of silver for December 23, 2025
Personal FinanceCurrent price of silver as of Tuesday, December 23, 2025
By Joseph HostetlerDecember 23, 2025
Price of platinum on December 23, 2025
Personal FinanceCurrent price of platinum as of Tuesday, December 23, 2025
By Joseph HostetlerDecember 23, 2025
students
CommentaryWhy restricting graduate loans will bankrupt America’s talent supply chain
By Katica RoyDecember 23, 2025
Powerball
LawChristmas season brings $1.7 billion Powerball for a lucky winner. It hasn’t hit yet
By Olivia Diaz and The Associated PressDecember 23, 2025
beer
CommentarySupporting moderation: beer’s structural advantage in the no-alcohol space
By Justin KissingerDecember 23, 2025
Merchants use artificial intelligence technology to connect to modern financial technology banking systems.
NewslettersAI is reshaping banking—but not causing a jobs wipeout
By Sheryl EstradaDecember 23, 2025
Rows of servers at Facebook's Fort Worth Data Center in Texas.
EconomyA huge chunk of U.S. GDP growth is being kept alive by AI spending ‘with no guaranteed return,’ Deutsche Bank says
By Jim EdwardsDecember 23, 2025
InvestingHong Kong tops global IPO charts for the first time since 2019 for total funds raised, overtaking New York’s stock exchanges
By Angelica AngDecember 23, 2025
NewslettersAs AI investors fret over ROI, these startups attracted serious cash from customers in 2025
By Allie GarfinkleDecember 23, 2025
Trinity Gas Storage recently completed the first, new major storage hub in years, and an East Texas expansion is already underway.
EnergyLittle-known underground salt caverns could slow the AI boom and its thirst for power
By Jordan BlumDecember 23, 2025
Personal FinanceThe best high-yield savings account rates on Dec. 23, 2025: Earn up to 5.00% APY
By Glen Luke FlanaganDecember 23, 2025
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RetailTrump just declared Christmas Eve a national holiday. Here’s what’s open and closed
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Personal FinanceTrump turns government into giant debt collector with threat to garnish wages on millions of Americans in default on student loans
By Annie Ma and The Associated PressDecember 24, 2025
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Personal FinanceFinancial experts warn future winner of the $1.7 billion Powerball: Don't make these common money mistakes
By Ashley LutzDecember 23, 2025
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