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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.
Bill Ackman, unfiltered: The billionaire hedge fund founder’s take on AI, investing, and why socialism is a ‘disaster’
Bill Ackman, unfiltered: The billionaire hedge fund founder’s take on AI, investing, and why socialism is a ‘disaster’

‘I’m in a bit of a unique position where I can say exactly what I think,’ Ackman tells Fortune.

By Fortune EditorsAugust 5, 2026
Current ARM mortgage rates report for Aug. 5, 2026
Current ARM mortgage rates report for Aug. 5, 2026
By Glen Luke FlanaganAugust 5, 2026
Current refi mortgage rates report for Aug. 5, 2026
Current refi mortgage rates report for Aug. 5, 2026
By Glen Luke FlanaganAugust 5, 2026
Today’s home equity loan and HELOC rates, Aug. 5, 2026
Today’s home equity loan and HELOC rates, August 5, 2026
By Joseph HostetlerAugust 5, 2026
Mortgage rates today, Aug. 5, 2026
Mortgage rates today, Aug. 5, 2026
By Glen Luke FlanaganAugust 5, 2026
Donald Trump, in the middle of speaking, holds up his hand with his pointer finger extended.
Trump’s tariffs were supposed to boost American manufacturing, but the new levies are actually pushing some companies back to China
By Sasha RogelbergAugust 5, 2026
Fortune banner
Economy
More in Economy
Billionaires have been flooding the midterms with cash, but one of the GOP’s most reliable megadonors just went silent
Billionaires have been flooding the midterms with cash, but one of the GOP’s most reliable megadonors just went silent

Ronald Lauder spent tens of millions backing Republicans over two decades. This cycle he’s given almost nothing.

By Sydney LakeAugust 5, 2026
Scott Bessent is using moves from his hedge fund days to prop up Japan’s yen—and America’s $40 trillion national debt

The man who once shorted currencies is now propping them up. “He takes risks that other Treasury secretaries over the past two generations wouldn’t.”

By Mia OsmonbekovAugust 4, 2026
Kevin Warsh told Wall Street he’d be sharing less—Goldman Sachs fears a void of Fed facts will only amplify misinformation and instability

“Even without providing explicit forward guidance, central bankers still have an obligation to explain the economic framework behind their decisions. On that score, this press conference fell well short,” chimed professor Jeremy Siegel.

By Eleanor PringleAugust 4, 2026
Bessent’s Yen gamble is a warning sign — buckle up

Fasten your seat belts: Treasury Secretary Scott Bessent has become a Big Player in the yen market. Increased volatility is right around the corner.

By Steve H. Hanke and Roger KopplAugust 4, 2026
More in Economy
Banking
More in Banking
t
Capital One had 300 Trump accounts — then its money-laundering team stepped in

Bank filing says a months-long AML (anti-money-laundering) review, not politics, ended Trump’s accounts.

By Ken Sweet and The Associated PressAugust 4, 2026
A forgotten Swedish economist’s 130-year-old theory explains why investors won’t quit funding America’s near-$40 trillion pile of debt

“To oversimplify: You could argue that U.S. deficits are, in effect, being increasingly funded by its tech sector.”

By Eleanor PringleAugust 4, 2026
Top CD rates from major banks on August 4, 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 HostetlerAugust 4, 2026
Today’s top high-yield savings rates: Up to 4.50% on Aug. 4, 2026

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

By Glen Luke FlanaganAugust 4, 2026
More in Banking
Personal Finance
More in Personal Finance
gen z
Gen Z’s anti-capitalist brand says one thing. Its spending data says something more interesting

K shape, what K shape? Everyone in Gen Z is spending money in this economy, regardless of income.

By Nick LichtenbergAugust 5, 2026
Best certificates of deposit (CDs) for August 2026

If you’re looking to earn interest that won’t be negatively impacted by the market, a CD lets you lock in a set APY for its full term.

By Glen Luke FlanaganAugust 4, 2026
Current price of gold as of August 4, 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 BakstAugust 4, 2026
What’s a good rate on a private student loan?

Here’s how to know if you’re getting a good deal on your private student loan, and how to get the lowest rate for your situation.

By Joseph HostetlerAugust 4, 2026
More in Personal Finance
Investing
More in Investing
From Pochettino to MLS, the giants of American finance keep making big promises about the future of U.S. soccer
From Pochettino to MLS, the giants of American finance keep making big promises about the future of U.S. soccer

Ken Griffin helps fund Pochettino through 2030, KKR backs MLS’s development league, and the new MLS commissioner is an Apollo veteran.

By Catherina GioinoAugust 4, 2026
Exclusive: Dinari, founded by Stripe and Apple alums, partners with Circle to offer tokenized stocks to U.S. investors

The launch features 724 tokenized equities, including the entire S&P 500, marking the largest catalog of digital shares currently available.

By Camila Grigera NaónAugust 4, 2026
Toyota sold fewer cars but nearly doubled profit on cheap yen

A weak yen added $2.2 billion to Toyota’s quarterly profit even as vehicle sales dipped; full-year profit is still forecast to fall.

By Yuri Kageyama and The Associated PressAugust 4, 2026
Global shares rally, oil rebounds as Iran war de-escalation, yen intervention worries ease

European and Asian indexes rose Tuesday and oil rebounded as investors weighed the U.S.-Japan yen intervention and Trump’s Iran strike delay.

By The Associated Press and Yuri KageyamaAugust 4, 2026
More in Investing
Real Estate
More in Real Estate
Current ARM mortgage rates report for Aug. 4, 2026
Current ARM mortgage rates report for Aug. 4, 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 FlanaganAugust 4, 2026
Current refi mortgage rates report for Aug. 4, 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 FlanaganAugust 4, 2026
Today’s home equity loan and HELOC rates, August 4, 2026

By staying on top of home equity loan and HELOC interest rates, you’ll recognize when it’s a good time to apply for these comparatively cheap borrowing options.

By Joseph HostetlerAugust 4, 2026
Mortgage rates today, Aug. 4, 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 FlanaganAugust 4, 2026
More in Real Estate
Energy
More in Energy
The remains of the German tugboat wreckage marked as UJ-106 in the Danube River.
Danube River’s shrinking water levels expose dozens of World War II ships

Amidst record-low water levels that have caused governments across Europe to plan for electricity shortages, German ships sunk in the war are resurfacing.

By The Associated Press and Marko DrobnjakovicAugust 4, 2026
Could a UN-backed plan to reopen Hormuz break the deadlock? 

In this week’s Fortune Gulf Brief.

By Melissa HancockAugust 4, 2026
As confusion reigns over Hormuz talks, Fortune gets exclusive access to a UN-backed plan to reopen the strait 

The Strait of Hormuz is the key battleground in the U.S.-Iran war, with vital ship traffic all but halted in recent months. There is a project to break the impasse.

By Melissa HancockAugust 4, 2026
Current price of oil as of August 4, 2026

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

By Joseph HostetlerAugust 4, 2026
More in Energy
Crypto
More in Crypto
President Donald Trump looks on during an announcement.
‘This is insider trading by definition’: Trump sells $100,000 monthly subscription service to Wall Street to further monetize the presidency

Wall Street firms will get information milliseconds faster than the general public—and Trump will directly benefit.

By Joshua HongAugust 4, 2026
Cloudflare just launched a permanent ID tool and wallet for AI shopping

The new service makes it easier for consumers to equip AI agents with tools that let them spend and identity themselves to merchants’ agents.

By Jeff John RobertsAugust 4, 2026
Kalshi CEO clashes with disgraced former Congressman George Santos in latest prediction market controversy

Santos was ordered to pay $35,000 after the CFTC found he had manipulated Kalshi contracts tied to his State of the Union attendance.

By Camila Grigera NaónAugust 3, 2026
OpenAI’s Greg Brockman gave $5.5 million to protect the home of an internet-famous bald eagle named Jackie

As the internet-famous eagle fought for her life in intensive care, the Brockmans’ donation closed a $10 million fundraiser with days to spare.

By Sydney LakeAugust 4, 2026
More in Crypto
Latest stories from Fortune
SpaceX president Gwynne Shotwell during the company's initial public offering (IPO) in New York, on June 12, 2026. (Photo: Michael Nagle/Bloomberg/Getty Images)
Newsletters
What happened in SpaceX’s first earnings report as a public company
By Andrew NuscaAugust 5, 2026
Europe’s AI sovereignty is under threat. Could Mistral be the answer?
Magazine
Europe’s AI sovereignty is under threat. Could Mistral be the answer?
By Beatrice NolanAugust 5, 2026
Europe’s tech sovereignty is facing its biggest test yet
Magazine
Europe’s tech sovereignty is facing its biggest test yet
By Sam ForsdickAugust 5, 2026
Has the AI race shifted from U.S. vs China to open vs closed?
Commentary
Has the AI race shifted from U.S. vs China to open vs closed?
By Grace Shao and Alvin Wang GraylinAugust 4, 2026
Man laughing in a black hat
Big Tech
Elon Musk delivers ‘totally nuts’ plans for moon robots and insists $1 trillion revenue target will hit but capex tanks SpaceX on debut earnings
By Amanda GerutAugust 4, 2026
Elon Musk says SpaceX data centers will crush competitors because its rocket scientists are like the Yankees ‘playing a little league team’
AI
Elon Musk says SpaceX data centers will crush competitors because its rocket scientists are like the Yankees ‘playing a little league team’
By Tatiana SatauaAugust 4, 2026
‘Baffling’: White House won’t publicly release AI model evaluation framework it reviewed today with OpenAI, Anthropic, Microsoft and others
‘Baffling’: White House won’t publicly release AI model evaluation framework it reviewed today with OpenAI, Anthropic, Microsoft and others
By Emily ForliniAugust 4, 2026
Firefighters work to extinguish a wildfire.
Environment
Europe’s long, hot summer leads to thousands evacuated and fire operators dead
By The Associated Press, Derek Gatopoulos and Sylvie CorbetAugust 4, 2026
More FinancePage 35 of 100
Man in a suit and tie
Investing
Bill Ackman, David Tepper, and other billionaire fund managers are quietly piling into Amazon
By Amanda GerutJune 25, 2026
  • The top high-yield savings rates: Up to 5.00% on June 24, 2026
    Personal Finance
    The top high-yield savings rates: Up to 5.00% on June 24, 2026
    By Glen Luke FlanaganJune 24, 2026
Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants
Success
Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants
By Orianna Rosa RoyleJune 25, 2026
Current ARM mortgage rates report for June 25, 2026
Personal Finance
Current ARM mortgage rates report for June 25, 2026
By Glen Luke FlanaganJune 25, 2026
Current refi mortgage rates report for June 25, 2026
Personal Finance
Current refi mortgage rates report for June 25, 2026
By Glen Luke FlanaganJune 25, 2026
Mortgage rates today, June 25, 2026
Personal Finance
Mortgage rates today, June 25, 2026
By Glen Luke FlanaganJune 25, 2026
MacKenzie Scott alone accounted for one-third of America’s $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America’s $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
  • You can ignore Trump’s threats to leave NATO: Pimco says they’re a ‘paper tiger’
    Economy
    You can ignore Trump’s threats to leave NATO: Pimco says they’re a ‘paper tiger’
    By Jim EdwardsJune 24, 2026
A college graduate in regalia rests his chin in his hand.
Future of Work
Gen Z graduates are blaming AI for their unemployment woes when they should be looking somewhere else
By Sasha RogelbergJune 25, 2026
Maybank Singapore CEO Alvin Lee looks to tap the silver economy and cross-border flows to grow his business
Banking
Maybank Singapore CEO Alvin Lee looks to tap the silver economy and cross-border flows to grow his business
By Angelica AngJune 25, 2026
A Viking ship named Havhingsten af Glendalough - the Sea Stallion of Glendalough -, the world's largest replica of a Viking warship, sets out 01 JUly 2007 from the Viking Museum in Roskilde, Denmark, on a voyage to Dublin in Ireland, where it is scheduled to arrive 14 August.
Europe
1,000-year-old massive textile factory unearthed in Denmark—and it belonged to the Vikings
By James Brooks and The Associated PressJune 24, 2026
Young couple standing in a brightly lit home
Real Estate
A big look at the state of housing in America: Boomers won’t sell, millennials can’t buy, and Gen Z gets to watch the whole thing sort itself out
By Tristan BoveJune 24, 2026
Wind turbines on yellow grass
Environment
California threatens to hit Trump with lawsuit if he doesn’t revive massive wind farm project off central coast
By Jennifer McDermott and The Associated PressJune 24, 2026
  • Current refi mortgage rates report for June 24, 2026
    Personal Finance
    Current refi mortgage rates report for June 24, 2026
    By Glen Luke FlanaganJune 24, 2026
Warren leans in to talk to Scott
Politics
Congress’s landmark housing bill could backfire on millions of renters
By Jacqueline MunisJune 24, 2026
Institute's Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California.
Retail
Elon Musk was the world’s first trillionaire for 12 days
By Eva RoytburgJune 24, 2026
President Donald Trump pictured in September 2025 signing an executive order that overhauled the H-1B visa program.
Economy
Trump’s international student crackdown kicked off a domino effect that could shave nearly $500 billion off the economy
By Tristan BoveJune 24, 2026
t
Politics
Trump holds landmark affordable housing bill hostage over his pet issue: The ‘national emergency’ of voter ID
By Mary Clare Jalonick and The Associated PressJune 24, 2026
s
Banking
Scott Bessent calls Mamdani ‘leader of the Democratic Party,’ touts weekly Warsh breakfasts and a new push to put every American in the stock market
By Nick LichtenbergJune 24, 2026
a
Retail
Amazon’s record Prime Day masks a darker truth: Americans are spending more and getting less
By Nick LichtenbergJune 24, 2026
rd
Asia
Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
By Nick LichtenbergJune 24, 2026
Top CD rates from major banks June 24, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on June 24, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJune 24, 2026
Current price of gold as of June 24, 2026
Personal Finance
Current price of gold as of June 24, 2026
By Danny BakstJune 24, 2026
Current price of Ethereum for June 24, 2026
Personal Finance
Current price of Ethereum for June 24, 2026
By Joseph HostetlerJune 24, 2026
Current price of Bitcoin for June 24, 2026
Personal Finance
Current price of Bitcoin for June 24, 2026
By Joseph HostetlerJune 24, 2026
Taktile cofounders Maik Taro Wehmeyer (left) and Maximilian Eber (right) stand side by side, smiling at the camera.
Startups & Venture
Exclusive: Taktile raises $110 million from Goldman Sachs, Tiger Global to automate high-stakes financial decisions 
By Camila Grigera NaónJune 24, 2026
price-of-oil-06-23-2026
Personal Finance
Current price of oil as of June 24, 2026
By Joseph HostetlerJune 24, 2026
Current price of silver as of Wednesday, June 24, 2026
Personal Finance
Current price of silver as of Wednesday, June 24, 2026
By Joseph HostetlerJune 24, 2026
steve
Commentary
Steve Case: America was built by entrepreneurs. Here’s how we keep that edge for the next 250 years
By Steve CaseJune 24, 2026
As marketers grapple with AI, business leaders at Cannes Lions say human creativity and authenticity matter more than ever 
Europe
As marketers grapple with AI, business leaders at Cannes Lions say human creativity and authenticity matter more than ever 
By Sam BirchallJune 24, 2026
U.S. President Donald Trump winks during an executive order signing event in the Oval Office of the White House on June 22, 2026 in Washington, DC.
Economy
Trump claims consumers are being ‘gouged’ by gas companies and orders DOJ price probe, as Bessent warns U.S. must avoid ‘foreign choke point’
By Eleanor PringleJune 24, 2026
Sarah Youngwood, EVP and CFO at Nasdaq.
C-Suite
Inside Nasdaq CFO Sarah Youngwood’s AI playbook
By Sheryl EstradaJune 24, 2026
Top CD rates on June 24, 2026: Lock in up to up to 4.40%
Personal Finance
Top CD rates on June 24, 2026: Lock in up to up to 4.40%
By Glen Luke FlanaganJune 24, 2026
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Personal Finance
How Zohran Mamdani's pied-à-terre tax exposed an epidemic of 'ghost cars' insteadplaceholder alt text
By Catherina GioinoAugust 4, 2026
North America
Bars, bowling alleys, and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our healthplaceholder alt text
By Catherina GioinoAugust 2, 2026
Investing
Ray Dalio on the AI bubble nearing 1929, 2000 levels and the lesson people always forget: 'Wealth is not the same as money'placeholder alt text
By Nick LichtenbergAugust 4, 2026
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