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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.
You can ignore AI giants like SpaceX, but your 401(k) won’t
You can ignore AI giants like SpaceX, but your 401(k) won’t

Nasdaq changed its rules to allow some huge companies to join its Nasdaq 100 index after just 15 trading days.

By Stan Choe and The Associated PressJune 13, 2026
Trump says he’ll sign deal with Iran to reopen Hormuz Sunday
Trump says he’ll sign deal with Iran to reopen Hormuz Sunday
By Arsalan Shahla, Maria Paula Mijares Torres and BloombergJune 13, 2026
A deal to the end the U.S.-Iran war could be finalized within 24 hours. Tehran wants to charge ships crossing Hormuz ‘for services rendered’
A deal to the end the U.S.-Iran war could be finalized within 24 hours. Tehran wants to charge ships crossing Hormuz ‘for services rendered’
By The Associated PressJune 13, 2026
Jamie Dimon says remote work breeds ‘rope-a-dope politics’ and stunts young workers’ growth
Jamie Dimon says remote work breeds ‘rope-a-dope politics’ and stunts young workers’ growth
By Marco Quiroz-GutierrezJune 13, 2026
ravi
I spent 8 years flood-proofing a city. Capital markets are running out of time to take El Niño seriously
By Ravi S. BhallaJune 13, 2026
herrin
America just committed $1.2 trillion to fix its infrastructure. We’re still flying blind
By Gregg HerrinJune 13, 2026
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Economy
More in Economy
gavin
Newsom called homelessness California’s calling in 2020. His budget still spends less than 0.5% on it

A USC analysis of six years of California budget documents finds the state devoted 0.47% of its $321 billion general fund to homelessness in 2026.

By Benjamin F. Henwood and The ConversationJune 12, 2026
‘Soccernomics’ co-author: FIFA’s ticket strategy isn’t price discovery, it’s a wealth filter

Standard pricing theory says tickets should reflect marginal cost — which is near zero for each additional seat. FIFA offers “what the market will bear.”

By Stefan Szymanski 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
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
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
Liability Car Insurance Explained: What It Covers and How Much You Need
Liability Car Insurance Explained: What It Covers and How Much You Need

Liability car insurance covers your legal fees and medical or repair costs for others if you’re liable for a car accident. It is generally required by law.

By Joseph HostetlerJune 12, 2026
Secured debt vs. unsecured debt: What’s the difference?

If you’re afraid you may slip behind on payments, you’ll feel the contrast between secured and unsecured debt in a big way.

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 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
More in Personal Finance
Investing
More in Investing
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
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
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
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
More in Investing
Real Estate
More in Real Estate
Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns
Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns

The next wave of the migration story is already underway, and it’s moving the innovation economy into unexpected territory.

By Sydney LakeJune 13, 2026
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
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 Real Estate
Energy
More in Energy
Inside the race—and the uranium gap—to rebuild America’s fuel supply chain for a ‘second nuclear age’
Inside the race—and the uranium gap—to rebuild America’s fuel supply chain for a ‘second nuclear age’

A ‘second nuclear age’ looms, but the industry faces a major uranium problem.

By Jordan BlumJune 13, 2026
U.S. energy secretary says 7 million barrels of oil exiting Persian Gulf daily, but Chevron CEO rebuts the claim

Middle Eastern oil flows are rising, but U.S. crude stockpiles are still depleting.

By Jordan BlumJune 12, 2026
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 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
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
Trump to name one of his personal lawyers for powerful Southern District of New York, which handles terrorism, espionage, and securities cases
PoliticsTrump to name one of his personal lawyers for powerful Southern District of New York, which handles terrorism, espionage, and securities cases
By Fatima Hussein, Eric Tucker and The Associated PressJune 13, 2026
Canadian Prime Minister Mark Carney says ‘new world order will be built starting with Europe’
EuropeCanadian Prime Minister Mark Carney says ‘new world order will be built starting with Europe’
By Rob Gillies and The Associated PressJune 13, 2026
OpenAI hit with multistate probe into possible user harm, days after filing for a highly anticipated IPO
AIOpenAI hit with multistate probe into possible user harm, days after filing for a highly anticipated IPO
By Bernard Condon and The Associated PressJune 13, 2026
Trump expects to sign a deal with Iran on Sunday, but Tehran may want to avoid giving him a gift on his birthday
Middle EastTrump expects to sign a deal with Iran on Sunday, but Tehran may want to avoid giving him a gift on his birthday
By Jason MaJune 13, 2026
‘It’s not a jailbreak’ — Research leading to U.S. export restrictions on top Anthropic models was for defense, cybersecurity CEO says
AI‘It’s not a jailbreak’ — Research leading to U.S. export restrictions on top Anthropic models was for defense, cybersecurity CEO says
By Jason MaJune 13, 2026
The real star of the UFC fight at the White House may be the Claw: a behemoth cage constructed for the Octagon
PoliticsThe real star of the UFC fight at the White House may be the Claw: a behemoth cage constructed for the Octagon
By Dan Gelston and The Associated PressJune 13, 2026
Trump to talk with allies at G7 summit in the coming week about removing mines from the Strait of Hormuz as deal to end Iran war nears
PoliticsTrump to talk with allies at G7 summit in the coming week about removing mines from the Strait of Hormuz as deal to end Iran war nears
By Munir Ahmed, Samy Magdy, Aamer Madhani and The Associated PressJune 13, 2026
Meet the lone star tick: the primary U.S. source of alpha-gal syndrome, which is a life-threatening meat allergy that’s on the rise
HealthMeet the lone star tick: the primary U.S. source of alpha-gal syndrome, which is a life-threatening meat allergy that’s on the rise
By Matthew Perrone and The Associated PressJune 13, 2026
More FinancePage 28 of 100
US President Donald Trump and Tesla CEO Elon Musk speak to the press as they stand next to a Tesla vehicle on the South Portico of the White House on March 11, 2025 in Washington, DC.
EconomyTrump is on a charm offensive ahead of President Xi meeting—and he wants Elon Musk and Tim Cook in tow
By Eleanor PringleMay 12, 2026
  • The American housing market is broken—and 3 years in, it’s starting to look permanent
    Real EstateThe American housing market is broken—and 3 years in, it’s starting to look permanent
    By Alex Veiga and The Associated PressMay 11, 2026
The Fed is ‘meaningfully deviating’ from one of the most basic rules for fighting inflation, BofA warns
EconomyThe Fed is ‘meaningfully deviating’ from one of the most basic rules for fighting inflation, BofA warns
By Jim EdwardsMay 12, 2026
Top CD rates on May 12, 2026: Lock in up to up to 4.20%
Personal FinanceTop CD rates on May 12, 2026: Lock in up to up to 4.20%
By Glen Luke FlanaganMay 12, 2026
The top high-yield savings rates: Up to 5.00% on May 12, 2026
Personal FinanceThe top high-yield savings rates: Up to 5.00% on May 12, 2026
By Glen Luke FlanaganMay 12, 2026
Donald Trump looks at FIFA President Gianni Infantino with the FIFA Peace Prize in front of them both.
North AmericaU.S. hotels are calling the World Cup a ‘non-event’ and 80% warn bookings are falling short of expectations, report finds
By Sasha RogelbergMay 12, 2026
A second wave of Iran energy shocks is about to hit Asia and the wider world. Why aren’t markets reacting?
EnergyA second wave of Iran energy shocks is about to hit Asia and the wider world. Why aren’t markets reacting?
By Angelica AngMay 12, 2026
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    CommentaryAmerica’s true innovation advantage: we don’t just invent technologies — we reinvent how innovation works
    By David H. HsuMay 11, 2026
Mortgage rates, May 12, 2026
Personal FinanceMortgage rates, May 12, 2026
By Glen Luke FlanaganMay 12, 2026
Current refi mortgage rates report for May 12, 2026
Personal FinanceCurrent refi mortgage rates report for May 12, 2026
By Glen Luke FlanaganMay 12, 2026
Current ARM mortgage rates report for May 12, 2026
Personal FinanceCurrent ARM mortgage rates report for May 12, 2026
By Glen Luke FlanaganMay 12, 2026
White Circle's founding team sat on a sofa.
AIExclusive: White Circle raises $11 million to stop AI models from going rogue in the workplace
By Beatrice NolanMay 12, 2026
Navy plans to buy 15 costly Trump-class battleships by 2055
PoliticsNavy plans to buy 15 costly Trump-class battleships by 2055
By Tony Capaccio, Roxana Tiron and BloombergMay 11, 2026
  • Current price of Ethereum for May 11, 2026
    Personal FinanceCurrent price of Ethereum for May 11, 2026
    By Joseph HostetlerMay 11, 2026
Nvidia co-founder and CEO Jensen Huang is driving a squeeze of memory chips.
AIWall Street thinks memory is AI’s golden ticket. Harvard’s chip expert warns: ‘Curves that just go to the sky with no end…never continue forever’
By Eva RoytburgMay 11, 2026
A female Indigenous Navajo small business owner at work in her jewelry shop.
EconomyNative American businesses have diversified beyond casinos to become a rural economic force. Trump is cutting off a lifeline that goes beyond tribes
By Tristan BoveMay 11, 2026
How much debt is too much? Warning signs and what to do next
Personal FinanceHow much debt is too much? Warning signs and what to do next
By Joseph HostetlerMay 11, 2026
donald trump
EnergyTrump wants to suspend the federal gas tax. The move could mean higher debt—and more potholes
By Jake AngeloMay 11, 2026
Donald Trump pictured during a press conference following a Supreme Court ruling on his tariff policy.
EconomyFed researchers see a ‘full pass-through’ of Trump’s tariff costs to consumers, adding almost a full percentage point to inflation
By Tristan BoveMay 11, 2026
Santa Clara County is suing Meta over allegations it profited from scam advertisements that particularly targeted seniors and families
LawSanta Clara County is suing Meta over allegations it profited from scam advertisements that particularly targeted seniors and families
By Bloomberg and Kurt WagnerMay 11, 2026
India’s Gen Z turned Diet Coke into a status symbol. A can shortage just made it a luxury
AsiaIndia’s Gen Z turned Diet Coke into a status symbol. A can shortage just made it a luxury
By Brendan Cosgrove and Morning BrewMay 11, 2026
todd
LawBiden’s DOJ sued a data company, accusing it of helping Big Meat fix prices. Trump’s DOJ is about to settle
By Alanna Durkin Richer and The Associated PressMay 11, 2026
bangla
EnergyIran War is more than inconvenient for Bangladesh as millions consider leaving urban life to move back to the village
By Julhas Alam and The Associated PressMay 11, 2026
aramco
EnergySaudia Aramco reports 25% jump in Q1 profit as Iran War reshapes oil market
By The Associated PressMay 11, 2026
gas
EconomyOregon Democrats have genius political strategy: raising the gas tax heading into the midterm elections
By Claire Rush and The Associated PressMay 11, 2026
iran
PoliticsTrump says ceasefire is on ‘life support’ after Iran’s latest nuclear offer was ‘garbage’
By Jon Gambrell, Seung Min Kim, Samy Magdy and The Associated PressMay 11, 2026
trump
AsiaTrump and Xi may meet 4 times in the next 8 months as Air Force One heads to Beijing
By Will Weissert and The Associated PressMay 11, 2026
Amex bought Resy. Chase bought The Infatuation. Inside the credit card industry’s quiet takeover of how you spend
BankingAmex bought Resy. Chase bought The Infatuation. Inside the credit card industry’s quiet takeover of how you spend
By Catherina GioinoMay 11, 2026
Nvidia CEO Jensen Huang
EconomyJensen Huang’s message to electricians and plumbers: ‘This is your time,’ as AI buildout leads to soaring demand for skilled trades
By Tristan BoveMay 11, 2026
Forget U.S. debt, China’s total borrowing is in ‘a league of its own’—much worse and deteriorating faster, analyst says
EconomyForget U.S. debt, China’s total borrowing is in ‘a league of its own’—much worse and deteriorating faster, analyst says
By Jason MaMay 11, 2026
worker alone in empty office
Future of WorkAI isn’t paying off in the way companies think. Layoffs driven by automation are failing to generate returns, study finds
By Jake AngeloMay 11, 2026
Young Americans are more pessimistic about jobs than their parents—and no advanced economy has ever seen this kind of divide
EconomyYoung Americans are more pessimistic about jobs than their parents—and no advanced economy has ever seen this kind of divide
By Nicholas Riccardi and The Associated PressMay 11, 2026
Poppi cofounder Allison Ellsworth
SuccessPoppi cofounder maxed out credit cards and sold her car to fund the company—now, she’s a multimillionaire after a $1.95 billion sale
By Emma BurleighMay 11, 2026
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Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech townsplaceholder alt text
By Sydney LakeJune 13, 2026
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Anthropic disables Fable and Mythos AI models after U.S. government bars it from giving foreigners accessplaceholder alt text
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U.S. energy secretary says 7 million barrels of oil exiting Persian Gulf daily, but Chevron CEO rebuts the claimplaceholder alt text
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