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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.
Elon Musk stands behind the Nasdaq opening bell and in front of a "SpaceX" background.
Founders Fund, Andreessen Horowitz, Valor, and the biggest VC winners from SpaceX’s IPO

SpaceX’s IPO will crown a few select VC winners. But it’s only the beginning of Hot IPO Summer.

By Allie GarfinkleJune 12, 2026
Liability Car Insurance Explained: What It Covers and How Much You Need
Liability Car Insurance Explained: What It Covers and How Much You Need
By Joseph HostetlerJune 12, 2026
Secured debt vs. unsecured debt: What’s the difference?
Secured debt vs. unsecured debt: What’s the difference?
By Joseph HostetlerJune 12, 2026
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‘Soccernomics’ co-author: FIFA’s ticket strategy isn’t price discovery, it’s a wealth filter
By Stefan Szymanski and The ConversationJune 12, 2026
U.S. energy secretary says 7 million barrels of oil exiting Persian Gulf daily, but Chevron CEO rebuts the claim
U.S. energy secretary says 7 million barrels of oil exiting Persian Gulf daily, but Chevron CEO rebuts the claim
By Jordan BlumJune 12, 2026
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Newsom called homelessness California’s calling in 2020. His budget still spends less than 0.5% on it
By Benjamin F. Henwood and The ConversationJune 12, 2026
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Economy
More in Economy
reagan
Social Security’s 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983

The new date exposes a hard political math: debt above 100% of GDP, 2.4 million fewer immigrants and a tax bill that already trimmed program revenue.

By John W. Diamond and The ConversationJune 12, 2026
World Bank warns the 2020s are becoming a ‘lost decade’ for the global economy — ‘barring a miracle’

Global growth is now projected to slow to just 2.5% in 2026, the weakest pace outside of outright recession in nearly 20 years.

By Nick LichtenbergJune 12, 2026
Roche and Nestlé fear talent crunch as Switzerland puts population cap to the polls

The proposed 10 million person limit could ruin Switzerland’s reputation as a business hub and risks harming one of Europe’s strongest economies, business leaders warn.

By Sam ForsdickJune 12, 2026
Mortgage rate rises to 6.52% from 6.48%, near yearlong high

Rates have been mostly trending higher since the conflict between the U.S. and Iran began in late February.

By Alex Veiga and The Associated PressJune 12, 2026
More in Economy
Banking
More in Banking
Top CD rates from major banks June 12, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Top CD rates from major banks on June 12, 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 HostetlerJune 12, 2026
When SpaceX starts trading, some ‘shareholders’ will discover they own nothing at all

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

By Jim EdwardsJune 12, 2026
Controversy swirls over Spanish soccer club accused of using novel $600,000 Kalshi wager to bet on its relegation

Club Atlético Osasuna’s insurance firm turned to prediction markets to hedge against getting booted to a lower division.

By Camila Grigera NaonJune 12, 2026
Today’s top high-yield savings rates: Up to 5.00% on June 12, 2026

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

By Glen Luke FlanaganJune 12, 2026
More in Banking
Personal Finance
More in Personal Finance
Current price of Bitcoin for June 12, 2026
Current price of Bitcoin for June 12, 2026

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

By Joseph HostetlerJune 12, 2026
Current price of Ethereum for June 12, 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 HostetlerJune 12, 2026
Current price of oil as of June 12, 2026

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

By Joseph HostetlerJune 12, 2026
Current price of gold as of June 12, 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 BakstJune 12, 2026
More in Personal Finance
Investing
More in Investing
owen
The economist who said ‘no bubble’ just sounded the alarm: ‘The season of chaos is at hand’

“The chamber of dispersion has been opened,” Owen Lamont says. “The beast of volatility has awakened, and the season of chaos is at hand.”

By Nick LichtenbergJune 12, 2026
Live updates from SpaceX IPO debut: SpaceX valuation at $2.1 trillion as stock closes at $161.11 following record first day of trading

After 24 years of anticipation, the SpaceX IPO finally debuted at just over $150 a share, turning Elon Musk into the world’s first trillionaire.

By Catherina GioinoJune 12, 2026
SpaceX lowballed its bankers on fees. Goldman Sachs has another way to win big

The real money comes after the opening bell.

By Shawn TullyJune 11, 2026
SpaceX’s IPO could be largest in history. Here’s how it compares to previous record-holders

The hotly anticipated IPO is set to be the largest in stock market history, and is more than 7.5 times Alibaba’s IPO, in second place.

By Mia OsmonbekovJune 12, 2026
More in Investing
Real Estate
More in Real Estate
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Florida’s insurance exodus is triggering a 2008-style chain reaction — with one critical difference

Can’t get home insurance in Florida? Your neighbor’s property value just became your problem too.

By The ConversationJune 12, 2026
Mortgage rates today, June 12, 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 FlanaganJune 12, 2026
Current ARM mortgage rates report for June 12, 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 FlanaganJune 12, 2026
Current refi mortgage rates report for June 12, 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 FlanaganJune 12, 2026
More in Real Estate
Energy
More in Energy
Inflation is roaring back globally, 2022 style. The Iran war is only half the problem
Inflation is roaring back globally, 2022 style. The Iran war is only half the problem

Europe, China and the U.S. are straining to meet the demands of the AI boom

By Eva RoytburgJune 11, 2026
Current price of oil as of June 11, 2026

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

By Joseph HostetlerJune 11, 2026
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

As the Strait of Hormuz remains closed for the fourth month, “one development stands out: prices have become remarkably calm,” JPMorgan analysts said.

By Sasha RogelbergJune 10, 2026
‘I love the inflation’: Trump is ‘not concerned’ about inflation hitting 4% for the first time since 2023. ‘The numbers were great’

The president told reporters that the inflation number is only reacting to the war in Iran, and it will adjust once the ceasefire becomes permanent.

By The Associated Press and Christopher RugaberJune 10, 2026
More in Energy
Crypto
More in Crypto
Exclusive: Consumer device giant LG Electronics to launch blockchain to place and sell ads
Exclusive: Consumer device giant LG Electronics to launch blockchain to place and sell ads

LG Electronics worked with the crypto protocol Arbitrum to develop its own blockchain.

By Jack Kubinec and Ben WeissJune 11, 2026
T-minus 24 hours: On the eve of SpaceX IPO liftoff some Wall Street analysts say the stock is worth only half of Elon Musk’s price

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

By Jim EdwardsJune 11, 2026
Meet the Fortune Crypto Innovators

These 30 companies and projects are pushing the digital assets ecosystem forward.

By FortuneJune 11, 2026
Meet the Fortune Crypto 100: A ranking of the very best companies in blockchain

Read about the definitive list of the most important names in crypto, from Coinbase to Franklin Templeton to Hyperliquid.

By Jeff John RobertsJune 11, 2026
More in Crypto
Latest Stories
‘Buy a ticket for 60 bucks and resell it for $6,000’: NYC Mayor Mamdani criticized FIFA’s resale market, but his jersey drop created the same thing
North America‘Buy a ticket for 60 bucks and resell it for $6,000’: NYC Mayor Mamdani criticized FIFA’s resale market, but his jersey drop created the same thing
By Catherina GioinoJune 12, 2026
Sven Gerjets, chief technology officer at Gap, speaks on stage on a panel at Fortune Brainstorm Tech 2026.
Future of WorkWhy companies are treating AI as a strategic partner rather than a passive technology, and how to avoid an ‘AI hangover’
By Sebastian HerreraJune 12, 2026
Elon Musk stands behind the Nasdaq opening bell and in front of a "SpaceX" background.
Future of WorkDespite his new trillionaire status, Elon Musk says money ‘will stop being relevant’ in the future because of AI
By Sasha RogelbergJune 12, 2026
arms
HealthYou probably think you’re a really open-minded person, but the real thing raises your death anxiety
By Daryl Van Tongeren and The ConversationJune 12, 2026
AI was supposed to cut health care costs. One of its first jobs was charging you more, PwC report shows
AIAI was supposed to cut health care costs. One of its first jobs was charging you more, PwC report shows
By Whizy Kim and Tech BrewJune 12, 2026
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AIMachine learning gives the U.S. a 1% chance of winning the World Cup final in its own backyard
By Achim Zeileis and The ConversationJune 12, 2026
DoorDash wants you to stop scrolling and just tell its new AI chatbot what you’re hungry for
RetailDoorDash wants you to stop scrolling and just tell its new AI chatbot what you’re hungry for
By Dave Lozo and Morning BrewJune 12, 2026
Man in a blue shirt gesturing
AIAOL cofounder Steve Case on AI— major upside, real risk, and ‘probably a net negative’ for jobs
By Amanda GerutJune 12, 2026
More FinancePage 15 of 100
America’s housing market decline is ‘no longer just a Sun Belt story’—LA and Dallas are tumbling, too
Real EstateAmerica’s housing market decline is ‘no longer just a Sun Belt story’—LA and Dallas are tumbling, too
By Nick LichtenbergMay 26, 2026
  • r
    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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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
Coinbase pushes further into AI payments with new MCP for Base network
CryptoCoinbase pushes further into AI payments with new MCP for Base network
By Jeff John RobertsMay 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
indonesia
AsiaIndonesia jolts China with ‘hostile takeover’ of key commodities in American-influenced move
By Edna Tarigan, Anton L. Delgado and The Associated PressMay 26, 2026
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    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
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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
gg
North AmericaGas is up 51% since February. Americans just started buying less of everything else
By Christopher Rugaber and The Associated PressMay 26, 2026
a
EnergyBP ousts chairman months into his tenure, citing ‘important governance standards, oversight and conduct’ concerns
By Michelle Chapman and The Associated PressMay 26, 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
  • 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
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 oil as of May 26, 2026
Personal FinanceCurrent price of oil as of May 26, 2026
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
Markets rejoice as deal to reopen Hormuz nears, but U.S. forces conduct ‘self-defense strikes’ on Iranian missile sites and boats laying mines
EnergyMarkets rejoice as deal to reopen Hormuz nears, but U.S. forces conduct ‘self-defense strikes’ on Iranian missile sites and boats laying mines
By Jason MaMay 25, 2026
Current refi mortgage rates report for May 25, 2026
Personal FinanceCurrent refi mortgage rates report for May 25, 2026
By Glen Luke FlanaganMay 25, 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
g
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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Environment
Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it backplaceholder alt text
By Catherina GioinoJune 9, 2026
Investing
When SpaceX starts trading, some 'shareholders' will discover they own nothing at allplaceholder alt text
By Jim EdwardsJune 12, 2026
Energy
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longerplaceholder alt text
By Sasha RogelbergJune 10, 2026
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