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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
gavin
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
fla
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
Courtney Robinson, head of policy and communications, at Akoya speaks on a panel at Fortune Brainstorm Tech 2026.
RetailAI shopping agents are coming. No one is ready for them
By Jeremy KahnJune 12, 2026
AI can be a ‘secret sauce’ or a way of ‘democratizing mediocrity’—Here’s how business leaders are getting the best of the technology
C-SuiteAI can be a ‘secret sauce’ or a way of ‘democratizing mediocrity’—Here’s how business leaders are getting the best of the technology
By Amanda GerutJune 12, 2026
‘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
paul
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
More FinancePage 16 of 100
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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
  • t
    PoliticsTrump was supposed to talk about the economy. Instead he asked why toiletries are locked up in pharmacies
    By Seung Min Kim, Darlene Superville and The Associated PressMay 23, 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
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
mollick
Economy‘Nobody knows anything’ and ‘this time is different’: the phrases that define — and haunt — the AI economy
By Nick LichtenbergMay 25, 2026
Aerial view of a huge mansion and tennis court near waterways
Real EstateA billionaire and an A-list actor found refuge in a 37-home Florida neighborhood with armed guards—proof that privacy is now the ultimate luxury
By Marco Quiroz-GutierrezMay 25, 2026
Top CD rates on May 25, 2026: Lock in up to up to 4.30%
Personal FinanceTop CD rates on May 25, 2026: Lock in up to up to 4.30%
By Glen Luke FlanaganMay 25, 2026
  • fda
    BankingFDA’s tobacco center just drafted new rules to let ecigs, pouches onto market, but staffers didn’t write them
    By Matthew Perrone and The Associated PressMay 23, 2026
The top high-yield savings rates: Up to 5.00% on May 25, 2026
Personal FinanceThe top high-yield savings rates: Up to 5.00% on May 25, 2026
By Glen Luke FlanaganMay 25, 2026
Richard McCathron is President & CEO, Hippo.
CommentaryI’m leading a $100 million corporate turnaround. Here’s why I learned to distrust the growth mindset
By Richard McCathronMay 25, 2026
Grandparents saying goodbye to their loved ones at the door
EconomyThe pig in the python: Baby boomers are strangling the economy they built by refusing to move or retire
By Nick LichtenbergMay 25, 2026
Current ARM mortgage rates report for May 25, 2026
Personal FinanceCurrent ARM mortgage rates report for May 25, 2026
By Glen Luke FlanaganMay 25, 2026
Mortgage rates, May 25, 2026
Personal FinanceMortgage rates, May 25, 2026
By Glen Luke FlanaganMay 25, 2026
  • w
    BankingTrump on new Fed Chair Kevin Warsh: ‘Do your own thing’ but don’t lose your way like Jerome Powell did
    By Will Weissert, Michelle L. Price and The Associated PressMay 23, 2026
Oil drops as U.S. says deal with Iran and Hormuz reopening is near
EnergyOil drops as U.S. says deal with Iran and Hormuz reopening is near
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
EconomyRussia’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
EnergyAlaska’s oil revival sparks a new energy rush Into the Arctic
By Jennifer A. Dlouhy and BloombergMay 24, 2026
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EnergyNonprofit fraud isn’t surging. Enforcement is
By Sarah Webber and The ConversationMay 24, 2026
w
Personal FinanceFrom 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
m
Real Estate‘We want neighbors, not tourists.’ Madrid’s renters march with message for the boom economy
By Alicia Leon and The Associated PressMay 24, 2026
SpaceX’s next-gen rocket is the key to its sky-high valuation, early investor says: ‘Starship also enables all kinds of frontier markets’
Startups & VentureSpaceX’s next-gen rocket is the key to its sky-high valuation, early investor says: ‘Starship also enables all kinds of frontier markets’
By Marco Quiroz-GutierrezMay 24, 2026
40 is the new 50: Millennial jobseekers are giving their resumes a facelift by hiding years of experience to land jobs
Future of Work40 is the new 50: Millennial jobseekers are giving their resumes a facelift by hiding years of experience to land jobs
By Jacqueline MunisMay 24, 2026
bofa
AIBofA says you’ll be 10x more productive with AI. Ignore the 0.1% result so far
By Nick LichtenbergMay 24, 2026
Inside the ‘stealth wealth’ playbook: How Silicon Valley’s elite buy multimillion-dollar mansions without leaving a paper trail
Real EstateInside the ‘stealth wealth’ playbook: How Silicon Valley’s elite buy multimillion-dollar mansions without leaving a paper trail
By Sydney LakeMay 24, 2026
Someone leafs through titles stacked in a library
AIAI hallucinations are infiltrating expert work—and entering the permanent body of knowledge
By Tristan BoveMay 24, 2026
It took over a decade, but NextDecade’s longshot bet to lead LNG in Texas is finally paying off
EnergyIt took over a decade, but NextDecade’s longshot bet to lead LNG in Texas is finally paying off
By Jordan BlumMay 24, 2026
U.S. reaches limit of sanctions power in targeting Iran’s economy
PoliticsU.S. reaches limit of sanctions power in targeting Iran’s economy
By Magdalena Del Valle and BloombergMay 23, 2026
Trump’s 3,711 trades point to multiple stock-market strategies
InvestingTrump’s 3,711 trades point to multiple stock-market strategies
By Justina Lee, Vivien Ngo, Elena Popina, Matthew Griffin and BloombergMay 23, 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
EconomyU.S. debt is the ‘elephant in the room’ amid bond market rout as Fed-fueled interest costs could drive even larger deficits, analysts warn
By Jason MaMay 23, 2026
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
EconomyThe 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
By Jason MaMay 23, 2026
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EnvironmentThe asphalt industry has a heat problem — and cities are running out of patience
By Aya Diab, Alexa St. John and The Associated PressMay 23, 2026
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EconomyEurope Just admitted the Iran War’s price shock isn’t going away
By Menelaos Hadjicostis and The Associated PressMay 23, 2026
t
RetailThe market keeps winning. Most Americans are losing faith
By Stan Choe and The Associated PressMay 23, 2026
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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
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When SpaceX starts trading, some 'shareholders' will discover they own nothing at allplaceholder alt text
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By Joseph HostetlerJune 12, 2026
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