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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.
Italy’s $4.7 billion cheese economy is feeling the heat as climate change threatens its cheese banks that hold Parmigiano wheels as loan collateral
Italy’s $4.7 billion cheese economy is feeling the heat as climate change threatens its cheese banks that hold Parmigiano wheels as loan collateral

Extreme heat is straining the vaults that hold Parmigiano wheels as loan collateral, and economists say the damage runs wider than the vault

By Catherina GioinoAugust 10, 2026
Graph showing a happiness crash
Americans are as unhappy as ever. Could ‘a happiness-segregated society by marriage’ be why?
By Catherina GioinoAugust 10, 2026
Trump’s $200 billion tariff hit swells budget deficit to $2.1 trillion for 2026, CBO confirms
Trump’s $200 billion tariff hit swells budget deficit to $2.1 trillion for 2026, CBO confirms
By Nick LichtenbergAugust 10, 2026
Cash-Out refinance vs. HELOC: How to choose the best option for your goals
Cash-Out refinance vs. HELOC: How to choose the best option for your goals
By Joseph HostetlerAugust 10, 2026
prison
‘A prisoner can oppose incarceration while remaining confined’: The paradox of Gen Z, capitalism, and consumption
By Nick LichtenbergAugust 10, 2026
What is gap insurance, and when is it worth buying?
What is gap insurance, and when is it worth buying?
By Joseph HostetlerAugust 10, 2026
Fortune banner
Economy
More in Economy
Older man relaxing in an inflatable ring
The stock market may be doing so well that it’s causing more baby boomers and Gen Xers to drop out of the labor force

“My hunch is that this is as at least partially attributable to wealth effects from record highs in the stock market.”

By Jason MaAugust 10, 2026
Oil prices rise and analysts see Big Tech selloff linked to traders locking in gains

Shares were mixed Monday in Europe and Asia, with Japan’s Nikkei 225 leading advances after stocks rose on Wall Street.

By The Associated Press and Elaine KurtenbachAugust 10, 2026
Jamie Dimon says Gen Z is wrong to give up on the American Dream—but admits it’s dying for the bottom 20% of households

“Good-hearted Americans, they’re not happy with that either. They don’t like to see their fellow citizens suffering at all,” the JPMorgan Chase CEO said.

By Eleanor PringleAugust 10, 2026
The Jersey Pump Principle: why AI’s trillion-dollar bet could stall like a 1949 gas pump law

Through the lens of Silicon Valley and Wall Street, the path forward for AI looks entirely pre-ordained. History teaches a different lesson.

By Jason DresselAugust 10, 2026
More in Economy
Banking
More in Banking
Top CD rates from major banks Aug. 10, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Top CD rates from major banks on August 10, 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 10, 2026
Today’s top high-yield savings rates: Up to 4.50% on Aug. 10, 2026

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

By Glen Luke FlanaganAugust 10, 2026
Pentagon tells defense execs to submit plans in 3 weeks to boost weapons production dramatically. ‘Years-long development cycles are not acceptable’

The memo comes as recent fighting with Iran used up more of the U.S. military’s already diminished stockpiles of advanced missile interceptors.

By The Associated PressAugust 9, 2026
By propping up the yen, the U.S. and Japan are actually admitting dollar dominance isn’t what it used to be, top economist warns

“When this message sinks in, other countries will redouble their search for more attractive, readily usable alternatives.”

By Jason MaAugust 9, 2026
More in Banking
Personal Finance
More in Personal Finance
Current price of Bitcoin for August 10, 2026
Current price of Bitcoin for August 10, 2026

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

By Joseph HostetlerAugust 10, 2026
Current price of Ethereum for August 10, 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 10, 2026
Current price of gold as of August 10, 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 10, 2026
Current price of silver as of Monday, August 10, 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 10, 2026
More in Personal Finance
Investing
More in Investing
Current price of oil as of August 10, 2026
Current price of oil as of August 10, 2026

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

By Joseph HostetlerAugust 10, 2026
Top economist warns that the AI math doesn’t make sense: ‘Profits are currently being funded by investors rather than earned from customers’

The AI boom has turned the standard profit margin model on its head, according to Apollo chief economist Torsten Slok—and it’s making the industry’s growth unsustainable.

By Sasha RogelbergAugust 10, 2026
Kalshi cracks down on insider trading as Trump family looks to increase prediction market presence

Prediction markets are becoming intertwined with the government, and Kalshi is trying to prove it’s policing insider trading.

By Joshua HongAugust 9, 2026
Europe’s hot stock markets are creating a buzz among investors

“The region’s resilience has surprised the market and demand remains a lot firmer than had been expected.”

By Sagarika Jaisinghani and BloombergAugust 9, 2026
More in Investing
Real Estate
More in Real Estate
Mortgage rates today, Aug. 10, 2026
Mortgage rates today, Aug. 10, 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 FlanaganAugust 10, 2026
Current ARM mortgage rates report for Aug. 10, 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 10, 2026
Corcoran Group CEO says Gen Z’s housing market struggles mirror what boomers faced 30 years ago: ‘Stop buying Starbucks coffee,’ she advises

From skipping coffee runs to hosting dinner clubs, Corcoran Group CEO Pamela Liebman has one message for Gen Z: Getting your first home takes sacrifices—but it’s doable, even in today’s pricey market.

By Orianna Rosa RoyleAugust 9, 2026
Home equity loan and HELOC rates, August 10, 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 10, 2026
More in Real Estate
Energy
More in Energy
Trump amps up pressure on billionaire Sargeant to exit Venezuela
Trump amps up pressure on billionaire Sargeant to exit Venezuela

Treasury quietly froze the Palm Beach donor’s offshore oil firm and handed him a license to unwind it, people familiar say.

By Patricia Garip and BloombergAugust 10, 2026
The world crossed a major solar milestone. No one noticed

Solar hit 2 terawatts—enough to meet peak US power demand—in under 3 years, then surged past three by 2026.

By Akshat Rathi and BloombergAugust 10, 2026
Trump is betting that the U.S. naval blockade choking Iran’s economy can achieve what bombs and missiles couldn’t as more oil sneaks out of the Gulf

“We are just watching Iran with its huge inflation and the fact they have no money,” Trump said.

By Jason MaAugust 9, 2026
Iran says it will reopen Straight of Hormuz — as soon as the U.S. makes ‘amends’

How much humiliation is Trump really willing to endure to heal the global economy?

By The Associated PressAugust 10, 2026
More in Energy
Crypto
More in Crypto
Michael Saylor speaks through a microphone as he gives a presentation.
Strategy dumps yet more Bitcoin, latest $109 million sell-off comes amid a seven-week buying hiatus

The company’s fourth Bitcoin sale since June underscores its push to build cash and reassure investors.

By Camila Grigera NaónAugust 10, 2026
Why the latest Bitcoin hack hurt more than most

The theft of $100 million from Coldcard hardware wallet owners stands out because it hurt people who did everything right.

By Jeff John RobertsAugust 10, 2026
Feds accuse crypto founder of stealing $10 million from NFT investors, spending it on Miami condo and DJ hobby

The founder of NFT marketplace Few and Far allegedly promised 427% returns to 67 investors.

By Camila Grigera NaónAugust 5, 2026
I built Canada’s largest crypto company. But the business climate here made selling to Robinhood inevitable

The CEO of WonderFi says that he sold because Canada’s burdensome regulatory climate makes international expansion out of reach.

By Karia SamarooAugust 7, 2026
More in Crypto
Latest stories from Fortune
CEO of Tesla Motors Elon Musk speaks at the Tesla Giga Texas manufacturing "Cyber Rodeo" grand opening party in Austin, Texas.
Innovation
Everything’s bigger in Texas: Musk’s planned $16.8 billion chip factory is five times bigger than the world’s current largest building
By Joshua HongAugust 10, 2026
Apple may scrap its all-glass iPhone. Wall Street hasn’t been this alarmed since Steve Jobs’ death
Big Tech
Apple may scrap its all-glass iPhone. Wall Street hasn’t been this alarmed since Steve Jobs’ death
By Sebastian HerreraAugust 10, 2026
Photo of Mark Zuckerberg and Meta AI logos
AI
Zuckerberg’s vision for an AI assistant is far more intimate than ChatGPT: It watches him sleep, train and bake with his 8-year-old daughter
By Mia OsmonbekovAugust 10, 2026
Meta launches new open-weight AI models, as Mark Zuckerberg knocks U.S. ‘restrictions’ that benefit ‘foreign labs’
AI
Meta launches new open-weight AI models, as Mark Zuckerberg knocks U.S. ‘restrictions’ that benefit ‘foreign labs’
By Beatrice NolanAugust 10, 2026
AOC is freezing her eggs—and she doesn’t owe anyone an explanation
Newsletters
AOC is freezing her eggs—and she doesn’t owe anyone an explanation
By Emma HinchliffeAugust 10, 2026
Barnes & Noble CEO James Daunt was a Carnival Cruise ship officer before building his bookstore empire
Retail
Barnes & Noble CEO James Daunt was a Carnival Cruise ship officer before building his bookstore empire
By Sarah GlodekAugust 10, 2026
Photo of boxes of produce from Taylor Farms
Retail
Taylor Fresh Foods recalls jalapeños after supplier discloses potential salmonella contamination
By The Associated Press and Michelle ChapmanAugust 10, 2026
MacKenzie Scott has given away $26 billion and rarely speaks publicly. Now she’s releasing a novel—but you won’t find it on Amazon
Success
MacKenzie Scott has given away $26 billion and rarely speaks publicly. Now she’s releasing a novel—but you won’t find it on Amazon
By Sydney LakeAugust 10, 2026
More Finance
Top CD rates today, Aug. 10, 2026: Lock in up to up to 4.50%
Personal Finance
Top CD rates today, Aug. 10, 2026: Lock in up to up to 4.50%
By Glen Luke FlanaganAugust 10, 2026
  • A young man holding a cup of coffee in a kitchen shows his phone to an older man, who is also holding a mug.
    Economy
    Boomers and Gen Xers scramble our assumptions about economic misery — they’re way unhappier than millennials and Gen Z
    By Sasha RogelbergAugust 7, 2026
verna
Commentary
My $80,000 in student debt changed the next 10 years of my life — and that was in 1988. Imagine what it’s like now
By Verna L. WilliamsAugust 10, 2026
Iran rejects U.S. talks for now as wait for Hormuz deal drags on
Energy
Iran rejects U.S. talks for now as wait for Hormuz deal drags on
By Sara Gharaibeh, Patrick Sykes and BloombergAugust 9, 2026
Iran-backed Houthi rebels attack crucial Red Sea port and Saudi Aramco refinery as fighting escalates
Energy
Iran-backed Houthi rebels attack crucial Red Sea port and Saudi Aramco refinery as fighting escalates
By The Associated PressAugust 9, 2026
Eastern Mediterranean Sea is fast becoming an alternative energy source for Europe amid wars in Ukraine and Mideast, Cyprus says
Energy
Eastern Mediterranean Sea is fast becoming an alternative energy source for Europe amid wars in Ukraine and Mideast, Cyprus says
By Menelaos Hadjicostis and The Associated PressAugust 9, 2026
Teen asking for job at store
Success
Teenagers are shooting out over 50 applications and getting ghosted even for volunteer jobs: ‘I’ll take anything at this point’
By Emma BurleighAugust 9, 2026
  • The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control—and the U.S. may have to accept it
    Middle East
    The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control—and the U.S. may have to accept it
    By Jason MaAugust 7, 2026
This nuclear startup and Halliburton repurposed oil-drilling tech in a bid to solve America’s radioactive waste problem
Energy
This nuclear startup and Halliburton repurposed oil-drilling tech in a bid to solve America’s radioactive waste problem
By Jordan BlumAugust 9, 2026
Great disappointment will follow the Great Wealth Transfer as baby boomers pass on just a fraction of their fortune to millennials and Gen Xers
Personal Finance
Great disappointment will follow the Great Wealth Transfer as baby boomers pass on just a fraction of their fortune to millennials and Gen Xers
By Jason MaAugust 8, 2026
Iran issues long list of steep demands the U.S. must satisfy before the Strait of Hormuz will be reopened, including total compensation for war damage
Politics
Iran issues long list of steep demands the U.S. must satisfy before the Strait of Hormuz will be reopened, including total compensation for war damage
By The Associated PressAugust 8, 2026
Iranian officials are worried the U.S. blockade will cause an economic collapse and admit sanctions relief is desperately needed
Middle East
Iranian officials are worried the U.S. blockade will cause an economic collapse and admit sanctions relief is desperately needed
By Jason MaAugust 8, 2026
With broad bipartisan support, Congress is about to give Trump ‘unchecked authority’ to impose new tariffs of up to 100% on top trading partners
Economy
With broad bipartisan support, Congress is about to give Trump ‘unchecked authority’ to impose new tariffs of up to 100% on top trading partners
By Jason MaAugust 8, 2026
  • How to use QuickBooks Online to keep business and personal finances separate 
    Personal Finance
    How to use QuickBooks Online to keep business and personal finances separate 
    By Joseph HostetlerAugust 7, 2026
a
Personal Finance
20% of Americans are already using AI for financial advice — another 70% don’t trust it
By Adriana Morga and The Associated PressAugust 8, 2026
Largest U.S. reservoir plummets to lowest level since it was filled some 90 years ago as water crisis deepens for western states
Environment
Largest U.S. reservoir plummets to lowest level since it was filled some 90 years ago as water crisis deepens for western states
By Ty O'Neil, Dorany Pineda and The Associated PressAugust 8, 2026
Berkshire Hathaway finally spends massive cash pile, buying $10 billion in Alphabet stock and repurchasing $4.5 billion in shares
Investing
Berkshire Hathaway finally spends massive cash pile, buying $10 billion in Alphabet stock and repurchasing $4.5 billion in shares
By Josh Funk and The Associated PressAugust 8, 2026
Mark Carney gestures with his hand as he stands next to Donald Trump in front of a white background.
North America
It’s not just Canadian tourists snubbing U.S. cities. Business leaders are cancelling more trips to America as geopolitical tensions continue
By Sasha RogelbergAugust 8, 2026
The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner
Real Estate
The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner
By Sydney LakeAugust 8, 2026
Photo of Scott Bessent with Donald Trump
Economy
How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall
By Eva RoytburgAugust 8, 2026
liss
Real Estate
Meet the 33-year-old CEO betting on boomers chasing their grandkids—and millennials selling their first house
By Nick LichtenbergAugust 8, 2026
adam
Commentary
Vanguard Chief Economist: AI and jobs, still in an ATM phase
By Adam SchicklingAugust 8, 2026
a
Commentary
GrayMatter Robotics CEO: The FCC was right to ban Chinese robots. But protection alone won’t win the robotics race
By Ariyan KabirAugust 8, 2026
Chevron employees examine a new GE Vernova gas turbine.
Energy
How Chevron became the AI darling of Big Oil
By Jordan BlumAugust 8, 2026
Current refi mortgage rates report for Aug. 10, 2026
Personal Finance
Current refi mortgage rates report for Aug. 10, 2026
By Glen Luke FlanaganAugust 8, 2026
Meet the 82-year-old Kentucky grandma who turned down $26 million to turn her farm into a data center: ‘I don’t need your money’
Success
Meet the 82-year-old Kentucky grandma who turned down $26 million to turn her farm into a data center: ‘I don’t need your money’
By Catherina GioinoAugust 7, 2026
Venezuelan influencer Leonel Moreno (C) - aka "Leito oficial"- deported from the United States is escorted on arrival at Simon Bolivar International Airport in Maiquetia, Venezuela on March 28, 2025.
Economy
The deportation economy is backfiring on American workers, top economist warns
By Eva RoytburgAugust 7, 2026
ackman
C-Suite
Bill Ackman agrees with Jeff Bezos: Being a great CEO can do more for the world than philanthropy
By Nick LichtenbergAugust 7, 2026
China’s export engine is cooling—but high-tech demand isn’t.
Economy
China’s export engine is cooling—but high-tech demand isn’t.
By Elaine Kurtenbach and The Associated PressAugust 7, 2026
A view of commercial cargo vessels and crude oil tankers are anchored in the Gulf of Oman, off the coast of Muscat, Oman
Energy
Iran says agreement on Hormuz shipping reached with Oman
By Bloomberg and Eltaf NajafizadaAugust 7, 2026
Michal Strnad, chairman of CSG NV, during the company's listing ceremony at Euronext Amsterdam in Amsterdam.
Investing
Czech billionaires play outsized role in European M&A market
By Bloomberg, Michal Kubala and Peter LacaAugust 7, 2026
Photo of Mamdani
Politics
Mamdani wants to form business panel with ex-Lazard, UBS bankers
By Bloomberg, Nacha Cattan and Amanda GordonAugust 7, 2026
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Economy
Yen jumps after U.S. data as traders watch for intervention clues
By Bloomberg, Mia Glass and Naomi TajitsuAugust 7, 2026
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