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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.
Chad Hurley and Steven Chen wearing suits
YouTube’s founders split over $650 million when they sold to Google in 2006—had they held out, they could have taken a slice of $550 billion

YouTube’s cofounders could all be part of the billionaire club alongside Google’s Sundar Pichai had they kept the business: It’s grown some 333x since they cashed out.

By Preston ForeJuly 3, 2026
Photo: Paris, france
Brutal heatwave in France is killing 2,000 people per week, undertakers are overwhelmed, and health agency says there’s worse to come
By John Leicester and The Associated PressJuly 3, 2026
Photo: World Cup fans drinking.
On Wall Street, analysts increasingly don’t believe the U.S. government’s ‘misleading’ job numbers
By Jim EdwardsJuly 3, 2026
Man in a black hat and jacket
Elon Musk can’t sell a single SpaceX share for a year—and then all the locks crack open at once
By Amanda GerutJuly 3, 2026
U.S. President Donald Trump talks to reporters after signing an executive order dealing with automobile repairs with Environmental Protection Agency Administrator Lee Zeldin in the Oval Office at the White House on June 29, 2026 in Washington, DC.
Trump is already causing a headache for his new Fed chairman, saying the central bank’s board is ‘hostile’ and ‘doing the wrong thing’
By Eleanor PringleJuly 3, 2026
A $75 billion valuation, 75 million global customers and on its way to America—Revolut is London’s disruptor extraordinaire
A $75 billion valuation, 75 million global customers and on its way to America—Revolut is London’s disruptor extraordinaire
By Kamal AhmedJuly 3, 2026
Fortune banner
Economy
More in Economy
Kevin Warsh, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, June 17, 2026.
Inside the mind of Kevin Warsh: As told by his former boss Condoleezza Rice, his college friend, and his closest partner during the financial crisis

“Kevin’s one of those people who demands more of himself than others could ever,” Condoleezza Rice exclusively tells Fortune.

By Eleanor PringleJuly 3, 2026
The World Bank has elevated Vietnam and the Philippines to upper-middle-income status—but now they face ‘a far more demanding phase of development’

Both countries must now escape the middle income trap that has stalled several of their Southeast Asian peers.

By Angelica AngJuly 3, 2026
The sports economy is unaffordable at the bar, let alone the stadium

New data shows fans are going into debt for tickets — and one in five can’t even afford to watch out at a sports bar.

By Catherina GioinoJuly 2, 2026
AI’s $2.2 trillion deficit fix is already half fake, economists say

A new Brookings/Fed paper finds AI productivity could meaningfully shrink the U.S. deficit — until you count the side effects, which could erase more than half the savings before Washington even cashes the check.

By Tristan BoveJuly 2, 2026
More in Economy
Banking
More in Banking
The top high-yield savings rates: Up to 4.50% on July 3, 2026
The top high-yield savings rates: Up to 4.50% on July 3, 2026

Check out the highest savings account rates available on May 8, 2026. Some high-yield savings accounts are still offering rates around 5%.

By Glen Luke FlanaganJuly 3, 2026
‘We are in a new era’: Trump’s bombshell $2.2 billion income haul, the ‘Big Player Theory’ and what happens when the president becomes the bubble

In the age of artificial intelligence, Syracuse University’s Robert Koppl, progenitor of “big player theory,” told Fortune, we have “augmented ignorance.”

By Nick LichtenbergJuly 3, 2026
Scott Bessent goes after the top Mexican cartel’s new billion-dollar business: gas stations

Treasury sanctioned two men and nine firms tied to a Jalisco cartel fuel-theft ring that reportedly nets tens of millions a year across 21 Mexican states.

By Fatima Hussein and The Associated PressJuly 2, 2026
Nissan CEO Ivan Espinosa was forced to put together a plan to save the Japanese carmaker in just six weeks: ‘I knew what had to be done’ 

Espinosa faces the challenging task of revitalizing an automaker that’s getting hit on multiple fronts, from fierce Chinese competition to U.S. tariffs.

By Andrew StaplesJuly 3, 2026
More in Banking
Personal Finance
More in Personal Finance
Top CD rates today, July 3, 2026: Lock in up to up to 4.40%
Top CD rates today, July 3, 2026: Lock in up to up to 4.40%

CD rates are currently at their highest compared to recent years, with many yielding over 4% APYs

By Glen Luke FlanaganJuly 3, 2026
Those bots sending discounts to your email is dynamic pricing in action. Get revenge on those bots by abandoning your cart

Retailers are looking at your browsing history to change the price you see in your cart. Maybe you should be doing the same when looking to buy.

By Catherina GioinoJuly 3, 2026
Current refi mortgage rates report for July 3, 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 FlanaganJuly 3, 2026
Mortgage rates today, July 3, 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 FlanaganJuly 3, 2026
More in Personal Finance
Investing
More in Investing
bis
Global stocks stage a rally as American markets take the day off

Risk on!

By Elaine Kurtenbach and The Associated PressJuly 3, 2026
Michael Burry just shorted Caterpillar’s 172% AI rally. One analyst says his bet won’t even matter

The Big Short investor calls Caterpillar one of the market’s most overvalued AI trades—but an analyst argues the rally reflects a real structural shift.

By Marco Quiroz-GutierrezJuly 2, 2026
Trump stopped talking about these media stocks, but his portfolio didn’t stop trading them

Trump, Comcast and Warner Bros. Discovery: a story of silence, activity and pending M&A deals.

By Mia OsmonbekovJuly 2, 2026
‘More fizzle than sparkle’: June jobs report fails to launch a July 4 firework

Chief economists and CIOs sounded gloomy notes. LPL Financial’s Jeffrey Roach calculated that 105.8 million Americans have left the labor market.

By Nick LichtenbergJuly 2, 2026
More in Investing
Real Estate
More in Real Estate
Woman sitting in front of her house
Airbnb offered $750 to Americans to open up their homes during the World Cup—mostly women took it up and now they’re earning thousands

The average host short-term rental host will get a $3,000 payday for renting out their space during the World Cup. Women are jumping on the opportunity.

By Emma BurleighJuly 3, 2026
Current ARM mortgage rates report for July 3, 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 FlanaganJuly 3, 2026
Current refi mortgage rates report for July 2, 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 FlanaganJuly 2, 2026
Americans are escaping the U.S. for New Zealand where house prices have hit a new low—but only wealthy Americans with $3 million spare can invest

New Zealand’s falling home prices might make it look more attainable than it has in years. But the cooling market doesn’t mean it’s suddenly open season for foreign buyers.

By Emma BurleighJuly 2, 2026
More in Real Estate
Energy
More in Energy
Photo: Russian President Vladimir Putin Attends ASEAN-Russia Summit
Russians live with fuel shortages and rationing as Putin insists the war against Ukraine will go on

Ukraine has struck more than 50 oil refining sites in Russia but Putin presses on.

By The Associated PressJuly 3, 2026
A 2-year taste of the office was enough to make 3 grads quit. Now they run a $13.2 billion investment firm: ‘We didn’t want a traditional job again’

The trio quit their grad scheme with $25K and no business plan to found Octopus Group, the firm behind Octopus Energy: “Everyone thought we were mad.”

By Orianna Rosa RoyleJuly 2, 2026
The Iran conflict saw jet fuel prices soar—when you use 1.88 million tonnes a year, how you respond really matters (just ask DHL)

As jet fuel prices doubled, DHL Express has diversified supplies, rerouted aircraft, and shifted to sustainable alternatives to keep its 295 planes delivering.

By Sam ForsdickJuly 1, 2026
Current price of oil as of July 2, 2026

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

By Joseph HostetlerJuly 2, 2026
More in Energy
Crypto
More in Crypto
Securitize CEO Carlos Domingo looks to the far right during a conference.
Securitize is latest crypto company to go public as BlackRock-backed firm sees stock jump 3% on debut

The company raised $400 million after merging with a special-purpose acquisition vehicle on Thursday.

By Camila Grigera NaónJuly 2, 2026
Former Iran director at NSC: Crypto legislation is a ticket to sanctions evasion

As the Senate weighs the CLARITY Act, gaps in oversight could hand adversaries new ways to evade sanctions and launder money.

By Richard NephewJuly 2, 2026
Why CFOs should pay attention to Open USD—the new stablecoin backed by more than 140 companies

A new stablecoin consortium aims to turn idle settlement cash into yield for banks and fintechs.

By Sheryl EstradaJuly 2, 2026
‘A witches’ brew’: Washington’s ethics establishment reacts to Trump’s $2.2 billion windfall—they’re shocked but not surprised

“It’s all heinous,” former ethics czar Norm Eisen said. “You can anticipate that we’ll be looking at legal remedies for this startling state of affairs.”

By Nick LichtenbergJuly 2, 2026
More in Crypto
Latest Stories
‘Devin-kun’: Japan embraces agents as legacy code and a shrinking workforce create a perfect market for an AI software engineer 
Asia
‘Devin-kun’: Japan embraces agents as legacy code and a shrinking workforce create a perfect market for an AI software engineer 
By Nicholas GordonJuly 3, 2026
‘It’s just his AI and my AI going back and forth’: The workplace phenomenon that’s undermining human relationships
Future of Work
‘It’s just his AI and my AI going back and forth’: The workplace phenomenon that’s undermining human relationships
By Jacqueline MunisJuly 3, 2026
ds
Commentary
I argued with the father of open source for 2 years. Now the AI fight is the same — only bigger
By David SiegelJuly 3, 2026
ashok
Commentary
The greatest startup in history: What we can learn from America’s founders at today’s AI frontier
By Ashok N. SrivastavaJuly 3, 2026
2
Commentary
America’s secret weapon isn’t just innovation — It’s the freedom to fail
By Keith KrachJuly 3, 2026
Photo: Iranian Supreme Leader Ayatollah Ali Khamenei
Politics
In Iran, regime officials who survived the war intended to kill them appear in public for dayslong funeral of the late Supreme Leader Khamenei
By Nasser Karimi, Jon Gambrell and The Associated PressJuly 3, 2026
Photo: Ivanka Trump and Jared Kushner
Environment
Police use tear gas and pepper spray against Albanians protesting Trump family plans to develop unspoiled island into a luxury resort
By The Associated PressJuly 3, 2026
Microsoft’s next big bet isn’t on a model but on becoming the Swiss Army knife of enterprise AI
AI
Microsoft’s next big bet isn’t on a model but on becoming the Swiss Army knife of enterprise AI
By Sheryl Estrada and Sebastian HerreraJuly 3, 2026
More FinancePage 28 of 100
c
Economy
Chinese factory activity flattens as analysts wonder about true damage from Iran War
By The Associated PressMay 31, 2026
  • Top CD rates from major banks May 29, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
    Personal Finance
    Top CD rates from major banks on May 29, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
    By Joseph HostetlerMay 29, 2026
boomer
Personal Finance
I wrote that Boomers were choking America’s economy. Their responses to me were revealing
By Nick LichtenbergMay 31, 2026
Matt Panella
Success
This home-builder dropped out of high school and worked construction for $8 an hour—by 22, he was making $200K from his trade empire
By Emma BurleighMay 31, 2026
Elon Musk surrounded by Money symbols
Investing
If Elon Musk merges SpaceX with Tesla he’ll create a $3.4 trillion behemoth—with zero profits
By Shawn TullyMay 31, 2026
Oil bosses warn prices will soar in a matter of weeks as inventories near unprecedented lows — ‘I mean really, really low levels’
Energy
Oil bosses warn prices will soar in a matter of weeks as inventories near unprecedented lows — ‘I mean really, really low levels’
By Jason MaMay 30, 2026
U.S. military fires missile into engine room of blockade runner after it ignored more than 20 warnings while trying to enter an Iranian port
Politics
U.S. military fires missile into engine room of blockade runner after it ignored more than 20 warnings while trying to enter an Iranian port
By Konstantin Toropin and The Associated PressMay 30, 2026
  • Current price of Ethereum for May 29, 2026
    Personal Finance
    Current price of Ethereum for May 29, 2026
    By Joseph HostetlerMay 29, 2026
Damn the torpedoes — More ships are quietly slipping through the Strait of Hormuz as helicopters scare off Iran’s fast-attack boats
Energy
Damn the torpedoes — More ships are quietly slipping through the Strait of Hormuz as helicopters scare off Iran’s fast-attack boats
By Jason MaMay 30, 2026
Warren Buffett’s son Peter didn’t know his dad was a billionaire until his 20s—he found out from a rich list
Success
Warren Buffett’s son Peter didn’t know his dad was a billionaire until his 20s—he found out from a rich list
By Sydney LakeMay 30, 2026
Americans hurt in Kuwait as Trump sends mixed signals on war
Politics
Americans hurt in Kuwait as Trump sends mixed signals on war
By Kate Sullivan, Michelle Jamrisko, Gerry Doyle and BloombergMay 30, 2026
U.S. says deals with Iran for safe Hormuz transit are prohibited
Politics
U.S. says deals with Iran for safe Hormuz transit are prohibited
By Jack Wittels and BloombergMay 30, 2026
Trump’s ICE surge cost 668,000 jobs, Brookings report says
Politics
Trump’s ICE surge cost 668,000 jobs, Brookings report says
By Michael Sasso and BloombergMay 30, 2026
  • Current price of Bitcoin for May 29, 2026
    Personal Finance
    Current price of Bitcoin for May 29, 2026
    By Joseph HostetlerMay 29, 2026
Russian spies are more aggressively trying to steal Western technology as sanctions add to mounting problems for Putin’s wartime economy
Europe
Russian spies are more aggressively trying to steal Western technology as sanctions add to mounting problems for Putin’s wartime economy
By Emma Burrows and The Associated PressMay 30, 2026
As part of her Citi turnaround, Jane Fraser cut management layers from 13 to 8. But the ‘great flattening’ doesn’t always work as intended
C-Suite
As part of her Citi turnaround, Jane Fraser cut management layers from 13 to 8. But the ‘great flattening’ doesn’t always work as intended
By Claire ZillmanMay 30, 2026
Matt Rogers
Commentary
I worked with Steve Jobs at Apple, where every OS update killed startups. AI founders are about to face the same thing
By Matt RogersMay 30, 2026
grid
Environment
The U.S. power grid isn’t one big machine — it’s three. That’s a problem for blackout season
By Sufan Jiang, Fangxing Fran Li and The ConversationMay 30, 2026
warsh
Economy
High gas prices are just the start — inflation is seeping into the rest of the economy
By D. Brian Blank, Brandy Hadley and The ConversationMay 30, 2026
sam
Commentary
The AI economy could crash on mounting chip costs — and those token costs won’t help
By Rakesh KumarMay 30, 2026
TIAA CEO Thasunda Brown Duckett is trying to fix America’s broken retirement system
Personal Finance
TIAA CEO Thasunda Brown Duckett is trying to fix America’s broken retirement system
By Marco Quiroz-GutierrezMay 30, 2026
Gen Z is rejecting $200 dates and choosing ‘solo-maxxing’—and dating apps are taking a hit
Economy
Gen Z is rejecting $200 dates and choosing ‘solo-maxxing’—and dating apps are taking a hit
By Sydney LakeMay 30, 2026
A woman stands with her hand resting on a table
Future of Work
When loyalty is rewarded: Top earners who stay in their jobs get much larger pay increases than those who switch
By Jacqueline MunisMay 30, 2026
Surging Treasury yields expose a brutal truth: America has no margin for error on its $39 trillion debt
Economy
Surging Treasury yields expose a brutal truth: America has no margin for error on its $39 trillion debt
By Shawn TullyMay 30, 2026
Best certificates of deposit (CDs) for July 2026
Personal Finance
Best certificates of deposit (CDs) for July 2026
By Glen Luke FlanaganMay 29, 2026
Russia warns war costs are ravaging its finances while Ukrainian ‘drone overmatch’ sends Putin’s forces reeling in new phase of combat
Politics
Russia warns war costs are ravaging its finances while Ukrainian ‘drone overmatch’ sends Putin’s forces reeling in new phase of combat
By Jason MaMay 29, 2026
Mid adult real estate agent talking to couple at a house for sale
Real Estate
Pandemic relief funds accidentally broke the housing market by helping scammers inflate local home prices nearly 6%, study finds
By Tristan BoveMay 29, 2026
donald trump
Economy
Immigration restrictions don’t boost native workers. They cut economic mobility for generations, study finds
By Jake AngeloMay 29, 2026
dimon
Success
Jamie Dimon tells Gen Z to ‘learn how to think, learn how to earn respect’ as he describes ‘great meeting’ with Zohran Mamdani
By Nick LichtenbergMay 29, 2026
The AI arms race in cybersecurity has started. Most companies aren’t ready
Crypto
The AI arms race in cybersecurity has started. Most companies aren’t ready
By Philip MartinMay 29, 2026
Kalshi adds perpetual futures for U.S. traders following thumbs-up from key regulator
Crypto
Kalshi adds perpetual futures for U.S. traders following thumbs-up from key regulator
By Jack KubinecMay 29, 2026
Meet the Black women on Fortune’s Most Powerful Women list shaping business leadership
MPW
Meet the Black women on Fortune’s Most Powerful Women list shaping business leadership
By Cheyann HarrisMay 29, 2026
dewine
North America
Ohio calls time on data-center tax break after cost balloons to $1.5 billion, 11x the initial estimate
By Marc Levy and The Associated PressMay 29, 2026
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Law
Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggsplaceholder alt text
By Wyatte Grantham-Philips and The Associated PressJuly 2, 2026
AI
Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998placeholder alt text
By Nick LichtenbergJuly 3, 2026
Economy
Economists have found an answer to slowing cognitive decline: Avoid retiring early, study findsplaceholder alt text
By Sasha RogelbergJuly 2, 2026
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