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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.
Oil drops as U.S. says deal with Iran and Hormuz reopening is near
Oil drops as U.S. says deal with Iran and Hormuz reopening is near

Global crude benchmark Brent fell as much as 5.2% to $98.12 a barrel, while West Texas Intermediate was near $92.

By Nicholas Lua and BloombergMay 24, 2026
Russia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as alternate GDP gauge shows huge contraction
Russia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as alternate GDP gauge shows huge contraction
By Jason MaMay 24, 2026
Alaska’s oil revival sparks a new energy rush Into the Arctic
Alaska’s oil revival sparks a new energy rush Into the Arctic
By Jennifer A. Dlouhy and BloombergMay 24, 2026
w
From Hobbes to the 14th amendment: the ancient and modern cases against Trump’s $1.8 billion fund
By Austin Sarat and The ConversationMay 24, 2026
SpaceX stock is about to join this growing constellation of public companies building a space-based economy
SpaceX stock is about to join this growing constellation of public companies building a space-based economy
By Jason MaMay 24, 2026
f
Nonprofit fraud isn’t surging. Enforcement is
By Sarah Webber and The ConversationMay 24, 2026
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Economy
More in Economy
40 is the new 50: Millennial jobseekers are giving their resumes a facelift by hiding years of experience to land jobs
40 is the new 50: Millennial jobseekers are giving their resumes a facelift by hiding years of experience to land jobs

Suzy Welch has some advice for people struggling to get hired.

By Jacqueline MunisMay 24, 2026
BofA says you’ll be 10x more productive with AI. Ignore the 0.1% result so far

The bank sees a productivity boom and an implementation gap. Here’s the argument for why it will close — and why the bubble may pop before that.

By Nick LichtenbergMay 24, 2026
U.S. reaches limit of sanctions power in targeting Iran’s economy

“We need to either overwhelm them with something new — and this Economic Fury stuff isn’t it — or we need to start limiting our ambitions.”

By Magdalena Del Valle and BloombergMay 23, 2026
AI hallucinations are infiltrating expert work—and entering the permanent body of knowledge

Academic papers, popular books, and legal decisions are peppered with AI mistakes that are getting harder to clean up.

By Tristan BoveMay 24, 2026
More in Economy
Banking
More in Banking
The Fed’s worst inflation fears may be coming true as consumers lose faith in long-term prices—and even Trump supporters doubt he can bring relief
The Fed’s worst inflation fears may be coming true as consumers lose faith in long-term prices—and even Trump supporters doubt he can bring relief

“Critically, consumers appear worried that inflation will increase and proliferate beyond fuel prices, even in the long run.”

By Jason MaMay 23, 2026
FDA’s tobacco center just drafted new rules to let ecigs, pouches onto market, but staffers didn’t write them

Senior officials in the FDA’s tobacco center were blindsided, the Associated Press has learned.

By Matthew Perrone and The Associated PressMay 23, 2026
‘I almost fell out of my chair’: Fed stalwart Claudia Sahm fears Kevin Warsh’s policies could undo 20 years of policy progress

“That progression has happened over 20 years at the Fed and it’s going to be near impossible and probably very misguided to put the cat back in the bag.”

By Eleanor PringleMay 23, 2026
Trump on new Fed Chair Kevin Warsh: ‘Do your own thing’ but don’t lose your way like Jerome Powell did

“Honestly, I really mean this,” Trump insisted after hounding the Fed for years. “I want Kevin to be totally independent.”

By Will Weissert, Michelle L. Price and The Associated PressMay 23, 2026
More in Banking
Personal Finance
More in Personal Finance
Trump’s 3,711 trades point to multiple stock-market strategies
Trump’s 3,711 trades point to multiple stock-market strategies

The patterns bear the hallmarks of overlapping portfolio-management strategies, often index-based and much of it likely automated, and all of it difficult to disentangle.

By Justina Lee, Vivien Ngo, Elena Popina, Matthew Griffin and BloombergMay 23, 2026
The market keeps winning. Most Americans are losing faith

Wall Street and Main Street are two different universes. Eight straight winning weeks live with record lows in consumer sentiment.

By Stan Choe and The Associated PressMay 23, 2026
Millions of business owners are about to retire. They should sell to their employees

A once-in-a-generation wealth transfer is underway. There’s a bipartisan tool to ensure that transition builds broader prosperity.

By Matt Helmer and Maxwell JohnsonMay 23, 2026
Trump was supposed to talk about the economy. Instead he asked why toiletries are locked up in pharmacies

President Donald Trump, from a toss-up congressional district in New York on Friday, began testing his midterm message that was ostensibly on the economy. But he veered off-topic right from the start, going off on tangents about voter identification, crime in cities, transgender women in sports and “Dumocrats,” his new chosen moniker for the opposition party. […]

By Nick Lichtenberg, Seung Min Kim, Darlene Superville and The Associated PressMay 23, 2026
More in Personal Finance
Investing
More in Investing
SpaceX’s next-gen rocket is the key to its sky-high valuation, early investor says: ‘Starship also enables all kinds of frontier markets’
SpaceX’s next-gen rocket is the key to its sky-high valuation, early investor says: ‘Starship also enables all kinds of frontier markets’

SpaceX’s launch business gives it “access to orbit,” said Space Capital CEO Chad Anderson.

By Marco Quiroz-GutierrezMay 24, 2026
U.S. debt is the ‘elephant in the room’ amid bond market rout as Fed-fueled interest costs could drive even larger deficits, analysts warn

“In our view, unsustainable fiscal dynamics are compounding with a reflation story, turning a short-term problem into a long-end selloff.”

By Jason MaMay 23, 2026
My startup hit $200 million ARR. But first I walked away from 2.5 million YouTube subscribers and nearly went bankrupt

Fanvue CEO Joel Morris built one of the creator economy’s fastest-growing platforms — after giving up a teenage YouTube fortune and sweating through a Spanish villa with days of runway left. Here’s what the middle looked like.

By Joel MorrisMay 23, 2026
Elon Musk’s SpaceX IPO filing just told us what business he’s betting on for the future—and it’s not rockets

Elon Musk’s creation has essentially re-invented itself from a commercial space pioneer facing little competition, to an AI-centric player battling all the hyperscalers.

By Shawn TullyMay 23, 2026
More in Investing
Real Estate
More in Real Estate
m
‘We want neighbors, not tourists.’ Madrid’s renters march with message for the boom economy

Spain’s housing costs rose 13% last year. Prime Minister Sánchez has a €7 billion fix — but his rent-freeze bill just died in Parliament.

By Alicia Leon and The Associated PressMay 24, 2026
Inside the ‘stealth wealth’ playbook: How Silicon Valley’s elite buy multimillion-dollar mansions without leaving a paper trail

The ultrawealthy now treat visibility as a liability and they’re paying to disappear from luxury real estate records.

By Sydney LakeMay 24, 2026
America is suffering a shortage of construction workers and sabotaging its ability to fill vacancies by wiping out the industry’s immigrant backbone

One construction trade group said the U.S. must hire 349,000 more construction workers in 2026 in order to meet demand.

By Sasha RogelbergMay 23, 2026
The asphalt industry has a heat problem — and cities are running out of patience

America’s parking lots are a climate problem. Cities are finally rethinking them.

By Aya Diab, Alexa St. John and The Associated PressMay 23, 2026
More in Real Estate
Energy
More in Energy
It took over a decade, but NextDecade’s longshot bet to lead LNG in Texas is finally paying off
It took over a decade, but NextDecade’s longshot bet to lead LNG in Texas is finally paying off

NextDecade has overcome industry doubters, the sudden death of its founder, and contentious legal fights with environmental groups to soon bring Rio Grande LNG online.

By Jordan BlumMay 24, 2026
Europe Just admitted the Iran War’s price shock isn’t going away

EU officials see higher oil and gas prices at least through the end of 2027.

By Menelaos Hadjicostis and The Associated PressMay 23, 2026
Current price of oil as of May 22, 2026

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

By Joseph HostetlerMay 22, 2026
Gavin Newsom takes rare step of telling Californians to avoid Chevron: ‘Big Oil is already making billions off Trump’s Iran War’

The call-out by the governor’s office follows Chevron posting signs at gas stations blaming the state’s climate policies for the high cost of gas.

By Sophie Austin and The Associated PressMay 22, 2026
More in Energy
Crypto
More in Crypto
Variational co-founders Edward Yu and Lucas Schuermann pose for a picture
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
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
Harvard sold off its entire $87 million Ethereum stake just one quarter after buying it

The university was the largest new buyer of BlackRock’s Ethereum ETF in Q4 of 2025

By Jack KubinecMay 18, 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
More in Crypto
Latest Stories
Trump says ‘don’t listen to the losers’ after fellow Republicans warn he’s about to make a disastrous mistake with Iran ceasefire deal
PoliticsTrump says ‘don’t listen to the losers’ after fellow Republicans warn he’s about to make a disastrous mistake with Iran ceasefire deal
By Darlene Superville, Matthew Daly and The Associated PressMay 24, 2026
The more generous U.S. ceasefire terms are, the more suspicious Iran becomes they’re a ruse for another attack, expert says
PoliticsThe more generous U.S. ceasefire terms are, the more suspicious Iran becomes they’re a ruse for another attack, expert says
By Jason MaMay 24, 2026
r
HealthThe quiet $8 billion crisis: long COVID costs keep rising as Washington looks away
By Bruce Y. Lee, Hannah Dimmick and The ConversationMay 24, 2026
mental
Health500,000 people were locked in state psychiatric hospitals. Their descendants can’t find out why
By Mike Stobbe, Nick Lichtenberg and The Associated PressMay 24, 2026
mark
Travel & LeisureThe travel industry has been taking body blows. Here comes an airport ‘sanctuary city’ crackdown
By Josh Funk, Rio Yamat and The Associated PressMay 24, 2026
coal
Asia82 dead in China’s worst coal mine disaster in years — regulators flagged the risk 2 years ago
By The Associated PressMay 24, 2026
Britain’s navy is preparing to clear mines in the Strait of Hormuz — but only once a U.S.-Iran peace agreement is reached
PoliticsBritain’s navy is preparing to clear mines in the Strait of Hormuz — but only once a U.S.-Iran peace agreement is reached
By Emma Burrows and The Associated PressMay 24, 2026
Under emerging deal with U.S., Iran’s uranium, sanctions relief, and release of frozen funds would be negotiated during a 60-day window
PoliticsUnder emerging deal with U.S., Iran’s uranium, sanctions relief, and release of frozen funds would be negotiated during a 60-day window
By Samy Magdy, Melanie Lidman and The Associated PressMay 24, 2026
More Finance
Mel Robbins
SuccessMillionaire podcaster Mel Robbins hits back at Gen Z’s lazy label—she says they’re stuck in a world their baby boomer parents wouldn’t even recognize
By Emma BurleighMay 23, 2026
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    AITrump says he’s calling off widely anticipated order to rein in AI
    By Collin Binkley, Matt O'Brien and The Associated PressMay 21, 2026
ambrose
CommentaryFormer NASA Robotics Chief: America is building the wrong kind of robots — and China knows it
By Robert AmbroseMay 23, 2026
Beyond the diploma: Skills that actually get graduates hired
Future of WorkBeyond the diploma: Skills that actually get graduates hired
By Ashley LutzMay 22, 2026
Sam Altman standing in a lift.
AIThe big questions looming over OpenAI’s trillion-dollar IPO
By Beatrice NolanMay 22, 2026
Walmart shoppers are filling their gas tanks with less than 10 gallons for the first time since 2022, and its CFO calls it ‘an indication of stress’
EconomyWalmart shoppers are filling their gas tanks with less than 10 gallons for the first time since 2022, and its CFO calls it ‘an indication of stress’
By Marco Quiroz-GutierrezMay 22, 2026
Musk may already be a trillionaire while these SpaceX employees and investors will hit multibillion-dollar jackpots after blockbuster IPO
Startups & VentureMusk may already be a trillionaire while these SpaceX employees and investors will hit multibillion-dollar jackpots after blockbuster IPO
By Jason MaMay 22, 2026
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    AIRo Khanna blames ‘clueless’ boomers for Gen Z booing AI: They handed over a ‘broken economy’
    By Jake AngeloMay 21, 2026
ta
EconomyThey created AI nudes that got millions of views online. Now they’re being charged with crimes
By Jake Offenhartz and The Associated PressMay 22, 2026
Best private student loans in May 2026
Personal FinanceBest private student loans in May 2026
By Joseph HostetlerMay 22, 2026
dimon
InvestingJamie Dimon sees ‘exuberance’ in markets. That’s a loaded word when it comes to bubbles popping
By Nick LichtenbergMay 22, 2026
Current price of Bitcoin for May 22, 2026
Personal FinanceCurrent price of Bitcoin for May 22, 2026
By Joseph HostetlerMay 22, 2026
Current price of Ethereum for May 22, 2026
Personal FinanceCurrent price of Ethereum for May 22, 2026
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  • Young worker looking tired in front of a screen
    EconomyA Nobel economist figured out 60 years ago that people learn best on the job. The Atlanta Fed says AI is making that almost impossible
    By Tristan BoveMay 21, 2026
Top CD rates from major banks May 22, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceTop CD rates from major banks on May 22, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerMay 22, 2026
Current price of gold as of May 22, 2026
Personal FinanceCurrent price of gold as of May 22, 2026
By Danny BakstMay 22, 2026
Current price of silver as of Friday, May 22, 2026
Personal FinanceCurrent price of silver as of Friday, May 22, 2026
By Joseph HostetlerMay 22, 2026
brotman
CommentaryI’ve spent 25 years in venture capital. Here’s how it quietly shut ordinary Americans out of the AI wealth boom—and what could fix it
By Steve BrotmanMay 22, 2026
A year in the life at HP: What matters to its sustainability lead in May 2026? 
EuropeA year in the life at HP: What matters to its sustainability lead in May 2026? 
By Francesca CassidyMay 22, 2026
cox
CommentaryMcKinsey studied 200 family business successions. The biggest problem wasn’t the heir — it was the outgoing CEO
By Acha Leke and Chaitali MukherjeeMay 22, 2026
Kevin Warsh, U.S. President Donald Trump's nominee for Chair of the Federal Reserve, departs following his Senate Committee on Banking, Housing, and Urban Affairs confirmation hearing in the Dirksen Senate Office Building on April 21, 2026 in Washington, DC.
Big TechWall Street has pretty much written off the idea of a Fed rate cut at Kevin Warsh’s first meeting
By Eleanor PringleMay 22, 2026
Top CD rates today, May 22, 2026: Lock in up to up to 4.20%
Personal FinanceTop CD rates today, May 22, 2026: Lock in up to up to 4.20%
By Glen Luke FlanaganMay 22, 2026
The top high-yield savings rates: Up to 5.00% on May 22, 2026
Personal FinanceThe top high-yield savings rates: Up to 5.00% on May 22, 2026
By Glen Luke FlanaganMay 22, 2026
himanshu
CommentaryI’ve led companies through every major tech disruption. AI washing is the same mistake, every time
By Himanshu PalsuleMay 22, 2026
You wouldn’t put your entire 401(k) in one stock. Why are you doing it with your credit card points?
Personal FinanceYou wouldn’t put your entire 401(k) in one stock. Why are you doing it with your credit card points?
By Catherina GioinoMay 22, 2026
cowen
Future of WorkTop economist Tyler Cowen on the biggest problem of the AI age: not mass unemployment but adjusting to a new reality
By Nick LichtenbergMay 22, 2026
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Personal FinanceCurrent refi mortgage rates report for May 22, 2026
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Personal FinanceMortgage rates today, May 22, 2026
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‘It’s crazy’: SpaceX could set records as the least shareholder-friendly public company of all time
Investing‘It’s crazy’: SpaceX could set records as the least shareholder-friendly public company of all time
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By Allie GarfinkleMay 22, 2026
Elon Musk puts one hand to his chin and he looks up. He is in front of a blue "World Economic Forum" background.
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By Jill Lawless and The Associated PressMay 21, 2026
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