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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.
‘Peak war panic’ will likely hit financial markets in 1-3 weeks, strategist predicts, as Trump says he doesn’t want to make a deal with Iran yet

“The end is not in sight. The Strait of Hormuz is effectively closed, and markets are starting to price in a prolonged, uncertain endgame.”

By Jason MaMarch 14, 2026
Energy secretary invokes Defense Production Act to force a Texas oil company to restore operations in California. Newsom condemns move
By The Associated PressMarch 14, 2026
Iran openly threatens neighbor’s non-U.S. assets for first time, telling UAE ports to evacuate
By Jon Gambrell, Sam Mednick, Konstantin Toropin, Samy Magdy and The Associated PressMarch 14, 2026
Trump calls for countries to send warships to reopen Hormuz
By Arsalan Shahla and BloombergMarch 14, 2026
Trump’s AI czar calls for U.S. to ‘get out’ of war and warns Iran has a ‘dead man’s switch’ that could render Gulf states almost uninhabitable
By Jason MaMarch 14, 2026
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Economy
More in Economy
Trump seeks to close a $1.6 trillion revenue gap with new tariffs that will be easier for people to challenge

“I wouldn’t bet against this administration being able to get back on paper the same effective tariff rate they had before.”

By Christopher Rugaber and The Associated PressMarch 14, 2026
Jet fuel prices are rising as oil spikes on Iran war. Airlines are already announcing fare increases or fuel surcharges

Fuel typically accounts for 20% to 25% of an airline’s operating costs, making it the second-largest expense after labor.

By Rio Yamat and The Associated PressMarch 14, 2026
U.S. lifts sanctions on Russian oil already loaded onto tankers, equal to 5-6 days’ worth of normal shipments through the Strait of Hormuz

Analysts estimate about 125 million barrels of Russian oil are currently being shipped.

By David McHugh and The Associated PressMarch 14, 2026
More in Economy
Banking
More in Banking
Meta’s new AI team has 50 engineers per boss. What could go wrong?

The management structure is an extreme test of the “flat” organizational model that more U.S. companies are embracing.

By Claire ZillmanMarch 14, 2026
Kraken co-CEO Arjun Sethi on why the crypto exchange’s new Fed master account access and NASDAQ partnership isn’t designed to ‘disrupt the banking system’

How the crypto exchange Kraken plans to make the plumbing of the financial system more efficient.

By Leo SchwartzMarch 13, 2026
Top CD rates from major banks on March 13, 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 HostetlerMarch 13, 2026
More in Banking
Personal Finance
More in Personal Finance
Bill Ackman, chief executive officer of Pershing Square Capital
Billionaire Bill Ackman says he doesn’t like ‘wasting money’—he’ll even drive elsewhere for cheaper garages, despite once owning a parking company

Pershing Square Capital’s Bill Ackman will drive to a cheaper parking garage despite a $8.17 billion net worth—and Warren Buffett and Lucy Guo are just as frugal.

By Emma BurleighMarch 14, 2026
Ray Dalio: I’ve studied 500 years of history and fear we’re entering the most dangerous phase of the ‘Big Cycle’

I believe the times ahead will be radically different from what most people have gotten used to—more like the era before 1945 than since.

By Ray DalioMarch 14, 2026
The ultrawealthy don’t house hunt anymore. They subscribe

The most coveted luxury homes never reach the market—they’re claimed by private waitlists months before construction begins. Welcome to the subscription economy for billionaires.

By Sydney LakeMarch 14, 2026
More in Personal Finance
Investing
More in Investing
polman
Kraft Heinz and the cost of narrow capitalism

Kraft Heinz’s fate is not an unfortunate misstep in brand management. It is a warning about where narrow capitalism leads.

By Paul PolmanMarch 14, 2026
Inside the Lululemon’s founder’s war with the board he says is killing his brand

Chip Wilson says the brand that ushered in the era of $100 yoga pants has lost its soul, and he’s using a very public proxy campaign to make his point.

By Phil WahbaMarch 14, 2026
The $265 billion private credit meltdown: How Wall Street’s hottest investment craze turned into a panic

Inside the dramatic comedown for highflyers like Apollo, Ares, Blue Owl and KKR: “It resembles a run on a bank.”

By Shawn TullyMarch 14, 2026
More in Investing
Real Estate
More in Real Estate
Current ARM mortgage rates report for March 13, 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 FlanaganMarch 13, 2026
Current refi mortgage rates report for March 13, 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 FlanaganMarch 13, 2026
Mortgage rates today, March 13, 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 FlanaganMarch 13, 2026
More in Real Estate
Energy
More in Energy
Kharg Island is ‘the main node’ of Iran’s economy, and a U.S. takeover would provide leverage in any negotiations, energy expert says

Petras Katinas, an energy researcher at the Royal United Services Institute, said Kharg Island was critical to funding Iran’s government and military.

By Sam Metz and The Associated PressMarch 14, 2026
Iran stretches war into third week with missile strike on U.S. embassy compound in Baghdad

An American official said 2,500 more Marines and an amphibious assault ship are being sent to the Middle East.

By Jon Gambrell, Sam Mednick, Konstantin Toropin, Mike Corder and The Associated PressMarch 14, 2026
Want to bet on oil prices this weekend? Traders are rushing to this hot crypto platform amid the war in Iran

: Hyperliquid is one of the most popular exchanges to trade cryptocurrencies—and increasingly bet on real-world assets like oil.

By Ben WeissMarch 14, 2026
More in Energy
Crypto
More in Crypto
photo of stage at conference
Flagship Dubai crypto conference Token2049, in sudden reversal, cancels due to Iran war

Token2049, the biggest crypto conference series, announced that it would not be taking place this year in Dubai.

By Carlos GarciaMarch 13, 2026
Ripple valued at $50 billion after $750 million share buyback

The fintech company’s valuation has grown despite a downturn in the digital assets industry.

By Carlos GarciaMarch 12, 2026
Inside the Binance accounts internal investigators say helped transfer more than $1 billion to Iran-linked entities: A 79-year-old VIP Chinese trader and a suspected Iranian gold smuggler

Compliance experts expressed surprise that Binance did not immediately restrict the accounts, most of which have since been offboarded.

By Leo Schwartz and Ben WeissMarch 12, 2026
More in Crypto
Latest Stories
Middle EastU.S. calls for Americans to leave Iraq ‘now’ as attacks mount
By Maria Paula Mijares Torres and BloombergMarch 14, 2026
LawFCC’s Carr threatens TV broadcast licenses over news coverage
By Maria Paula Mijares Torres and BloombergMarch 14, 2026
Middle EastCrew of fatal U.S. military crash included Ohio Air National Guard members and a pilot with three small children
By David A. Lieb, Mark Scolforo, Julie Walker and The Associated PressMarch 14, 2026
Asia‘Raise a lobster’: How OpenClaw is the latest craze transforming China’s AI sector
By Nicholas GordonMarch 14, 2026
Big TechTravis Kalanick sees benefits of being in stealth mode for 8 years. ‘You build a culture of people that want to build and do not need to be famous’
By Jason MaMarch 14, 2026
Middle EastMore than 3 million Iranians have been displaced so far since the war started, setting up a potential migration crisis
By Sam McNeil, Serra Yedikardes and The Associated PressMarch 14, 2026
PoliticsAn effort similar to the SAVE Act was tried once, but was blocked by courts when over 30,000 eligible citizens were prevented from registering to vote
By Julie Carr Smyth and The Associated PressMarch 14, 2026
GM CEO Mary Barra
SuccessMary Barra still responds to ‘every single letter’ she gets by hand despite running $65 billion automaker General Motors
By Preston ForeMarch 14, 2026
More FinancePage 33 of 100
man smiles to camera
CryptoLevl raises $7 million to provide stablecoin infrastructure for fintechs
By Carlos GarciaFebruary 11, 2026
NewslettersTwo neurosurgeons just raised $25 million betting brain cells can (someday) outcompute silicon
By Allie GarfinkleFebruary 11, 2026
Businesswoman holding a laptop, looking away, reflecting on future success
NewslettersWhat’s driving record CFO turnover?
By Sheryl EstradaFebruary 11, 2026
Federal Reserve Chair Jerome Powell pauses while speaking during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on January 28, 2026 in Washington, DC.
EconomyPowell’s parting gift from the Fed may be more rate cuts than expected, courtesy of deteriorating data
By Eleanor PringleFebruary 11, 2026
cardi b
CryptoProp bet chaos as Kalshi calls Cardi B’s Super Bowl cameo was ambiguous and Polymarket pays out on disputed wager
By Jay Cohen and The Associated PressFebruary 11, 2026
argentina
EconomyArgentina’s 5 straight months of surging inflation undercount the severity, economists say
By Isabel Debre and The Associated PressFebruary 11, 2026
Joseph Creed, chief executive officer of Caterpillar Inc., speaks during the 2026 CES event in Las Vegas, Nevada, US, on Jan. 7, 2026.
InvestingThe most unexpected winner of the AI boom? Caterpillar
By Sheryl EstradaFebruary 11, 2026
InvestingAmerican unexceptionalism: Foreign markets leave U.S. stocks in the dust
By Jim EdwardsFebruary 11, 2026
Personal FinanceTop CD rates on Feb. 11, 2026: Lock in up to up to 4.15%
By Glen Luke FlanaganFebruary 11, 2026
Personal FinanceThe top high-yield savings rates: Up to 5.00% on Feb. 11, 2026
By Glen Luke FlanaganFebruary 11, 2026
Personal FinanceCurrent ARM mortgage rates report for Feb. 11, 2026
By Glen Luke FlanaganFebruary 11, 2026
Personal FinanceCurrent refi mortgage rates report for Feb. 11, 2026
By Glen Luke FlanaganFebruary 11, 2026
Personal FinanceCurrent mortgage rates report for Feb. 11, 2026
By Glen Luke FlanaganFebruary 11, 2026
situation
Future of WorkWork is a ‘situationship,’ and your manager is a millennial: Welcome to the economy where breaking up is hard to do
By Nick LichtenbergFebruary 11, 2026
CryptoRobinhood launches test version of its own blockchain
By Jeff John RobertsFebruary 10, 2026
EconomyThe job market is so tough white-collar workers are ‘reverse recruiting,’ shelling out thousands to get headhunters to find them their next role
By Molly Liebergall and Morning BrewFebruary 10, 2026
CryptoCitadel Securities and Cathie Wood back Zero, a new blockchain designed for traditional finance
By Leo SchwartzFebruary 10, 2026
shopper
BankingMeat snacks have emerged as the clear winner in America’s seismic GLP-1 consumption shift, while popcorn is down
By Nick LichtenbergFebruary 10, 2026
Photo of Joe Biden
EconomyIt turns out that Joe Biden really did crush Americans’ dreams for the future. Just look at how the vibe changed 5 years ago
By Jake AngeloFebruary 10, 2026
warner
LawParamount raises offer for Warner as it seeks to fight off Netflix
By Wyatte Grantham-Philips and The Associated PressFebruary 10, 2026
Two men in a sports bar are happy as they look at a phone
CryptoAmerica’s new love affair with gambling drives Kalshi to $871 million haul on Super Bowl Sunday
By Nick LichtenbergFebruary 10, 2026
spending
RetailEconomists surprised by consumer spending’s screeching halt in December
By Anne D'Innocenzio and The Associated PressFebruary 10, 2026
Investor Warren Buffett, pictured during a trip to Japan in 2011.
InvestingWarren Buffett’s big bet on Japan earned Berkshire Hathaway $24 billion in just 6 years
By Tristan BoveFebruary 10, 2026
Photo of technicians looking at an industrial robot
Future of Work‘AI-washing’ and ‘forever layoffs’: Why companies keep cutting jobs, even amid rising profits
By Claire ZillmanFebruary 10, 2026
A Chipotle server looks up as she stands behind the counter holding a burrito bowl.
RetailChipotle’s CEO isn’t worried about raising prices—most of his customers make more than $100k anyway
By Sasha RogelbergFebruary 10, 2026
Photo of woman in a sweater operating a thermostat
EnergyAmericans are shocked by utility bills as high as $1,000: They’re paying the price for aging grids, fuel-price whiplash, and extreme weather
By Ashley LutzFebruary 10, 2026
Photo of Tristan Harris
AIAI could trigger a global jobs market collapse by 2027 if left unchecked, former Google ethicist warns
By Jake AngeloFebruary 10, 2026
Head coach Mike MacDonald
SuccessSeahawks head coach turned down a cushy career in finance at KPMG for a football internship—12 years later, he won the Super Bowl at 38
By Emma BurleighFebruary 10, 2026
(L-R) Canada's Prime Minister Mark Carney and US President Donald Trump attend the draw for the 2026 FIFA Football World Cup taking place in the US, Canada and Mexico, at the Kennedy Center, in Washington, DC, on December 5, 2025.
EconomyTrump’s Canada bridge meltdown dismissed by UBS as an unlikely TACO trade ‘in the post–Heated Rivalry environment’
By Eleanor PringleFebruary 10, 2026
CommentaryAgentic commerce will reward the fastest learners, not the biggest retailers
By Simon JamesFebruary 10, 2026
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Commentary
Ray Dalio: I've studied 500 years of history and fear we're entering the most dangerous phase of the 'Big Cycle'An image of a popular article
By Ray DalioMarch 14, 2026
Success
When Jamie Dimon was fired from Citigroup, his daughters asked: 'Will we be homeless? Can I still go to college? Can I have your phone?'An image of a popular article
By Eleanor PringleMarch 13, 2026
Middle East
Trump's AI czar calls for U.S. to 'get out' of war and warns Iran has a 'dead man's switch' that could render Gulf states almost uninhabitableAn image of a popular article
By Jason MaMarch 14, 2026
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