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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.
After 93 years and a 25-hour filibuster, Washington finally has an income tax, and billionaires are already packing their bags

Howard Schultz is heading to Miami. Jeff Bezos left in 2023. Now Washington’s new 9.9% millionaires tax is testing whether the state’s wealthiest residents see their home as more than a line on a tax return.

By Catherina GioinoMarch 15, 2026
A brick house with a for sale sale in front.
Banning institutional investors from buying homes will backfire for many Americans, experts say
By Jacqueline MunisMarch 15, 2026
Women enjoying the view of the mountains at Zion
Getting Americans outside added 5 million jobs and $1.3 trillion to the economy in 2024, before staffing and budget cuts came for national parks
By Tristan BoveMarch 15, 2026
1970s car waiting for gas during the gas crisis of the 1970s.
So, what happens during a gas crisis, anyway? Your older relatives have a reason to bring up what could come next
By Catherina GioinoMarch 15, 2026
How Nasdaq CEO Adena Friedman found her ideal job: ‘I realized I liked risk-taking more than risk management’
By Sheryl EstradaMarch 15, 2026
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Economy
More in Economy
‘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
Trump calls for countries to send warships to reopen Hormuz

He gave little detail beyond saying he hoped China, France, Japan, South Korea and the UK would also send warships.

By Arsalan Shahla and BloombergMarch 14, 2026
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
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
Energy secretary invokes Defense Production Act to force a Texas oil company to restore operations in California. Newsom condemns move

“This is an attempt to illegally restart a pipeline whose operators are facing criminal charges and prohibited by multiple court orders from restarting,” Newsom said.

By The Associated PressMarch 14, 2026
Iran openly threatens neighbor’s non-U.S. assets for first time, telling UAE ports to evacuate

Iran said the U.S. had used “ports, docks and hideouts” in the UAE to launch strikes on Iran’s Kharg Island, without providing evidence.

By Jon Gambrell, Sam Mednick, Konstantin Toropin, Samy Magdy and The Associated PressMarch 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

“So there’s a lot of scenarios here, a lot of really frightening scenarios about where escalation could lead,” Sacks said.

By Jason MaMarch 14, 2026
More in Energy
Crypto
More in Crypto
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
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
More in Crypto
Latest Stories
Workplace CultureSheryl Sandberg says Silicon Valley’s hypermasculine rhetoric is ‘terrible’—contributing to ‘one of the worst’ corporate climates she’s ever seen
By Marco Quiroz-GutierrezMarch 15, 2026
Future of WorkNot one Best Picture Oscar nominee was made in Hollywood this year—a sign of an industry in crisis
By Geoff ColvinMarch 15, 2026
person in office
Workplace CultureGen Z is dating less. The result is one of the most unprepared workforces
By Jake AngeloMarch 15, 2026
SuccessBurned-out workers sick of toxic bosses are using medical leave as a sneaky extended vacation to job hunt—and it’s not actually illegal
By Orianna Rosa RoyleMarch 15, 2026
Nicole Bernard Dawes, the founder of Late July and Nixie
SuccessThe founder of $100M brand Late July and Nixie started selling $1 cookies at 12 and learned the snack trade from the founder of Cape Cod chips—her dad
By Emma BurleighMarch 15, 2026
President Donald Trump salutes as a U.S. Army carry team moves a flag-draped transfer case containing the remains of Sgt. Declan J. Coady at Dover Air Force Base on March 07, 2026 in Dover, Delaware.
Middle EastThe war with Iran has defense experts wondering if Khamenei will attempt to activate sleeper cells on U.S. soil
By Eleanor PringleMarch 15, 2026
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
More FinancePage 39 of 100
InvestingThe ‘dumb money’ steps in as traders lose $1 trillion on the realization that AI will eat tech companies first
By Jim EdwardsFebruary 5, 2026
Personal FinanceCurrent mortgage rates report for Feb. 5, 2026
By Glen Luke FlanaganFebruary 5, 2026
Personal FinanceCurrent refi mortgage rates report for Feb. 5, 2026
By Glen Luke FlanaganFebruary 5, 2026
Personal FinanceCurrent ARM mortgage rates report for Feb. 5, 2026
By Glen Luke FlanaganFebruary 5, 2026
AsiaDeveloper Hongkong Land launches a $6.4B Singapore real estate fund, the country’s largest, as part of CEO Michael Smith’s strategic pivot
By Angelica AngFebruary 5, 2026
Personal FinanceTop CD rates on Feb. 5, 2026: Lock in up to up to 4.18%
By Glen Luke FlanaganFebruary 5, 2026
Personal FinanceTop high-yield savings rates: Up to 5.00% on Feb. 5, 2026
By Glen Luke FlanaganFebruary 5, 2026
Lawhive's cofounders seated on a sofa.
Startups & VentureExclusive: Lawhive, a startup using AI to reimagine the general practice law firm, raises $60 million in new venture capital funding
By Jeremy KahnFebruary 5, 2026
A man in a suit wearing glasses.
Big TechAlphabet plans to double capex spending to a possible $185 billion—but it’s keeping CEO Sundar Pichai up at night
By Amanda GerutFebruary 4, 2026
broker
InvestingS&P rings up 5th loss in 6 days as tech stocks drag index down, led by AMD’s 17.3% drop
By Stan Choe and The Associated PressFebruary 4, 2026
electricity
EnvironmentOver a million people are losing power during a freezing snowstorm while data centers nearby guzzle electricity
By Nikki Luke, Conor Harrison and The ConversationFebruary 4, 2026
Photo: IonQ CEO Niccolo de Masi
Big TechIonQ, the biggest quantum computing company on the stock market, disputes short-seller claims it failed to disclose holes in its revenue
By Jeremy Kahn and Jim EdwardsFebruary 4, 2026
altman
Startups & VentureScott Galloway predicts OpenAI could pull its IPO amid AI ‘vibe shift’ as investors ‘gag’ on Trump proximity, questionable revenue
By Nick LichtenbergFebruary 4, 2026
AIPinterest cracks down on dissent, fires engineers for an internal layoff tool as AI shake-ups keep employees on edge and in line
By Marco Quiroz-GutierrezFebruary 4, 2026
bessent
EconomyScott Bessent’s ‘gotcha’ moment on Trump’s tariffs and inflation: He denies writing ‘tariffs are inflationary’ in letter to hedge fund investors
By Nick LichtenbergFebruary 4, 2026
AIMeta’s Hyperion AI data center will sprawl to four times the size of Manhattan’s Central Park
By Sharon GoldmanFebruary 4, 2026
Ray Dalio, wearing a suit and sitting in a beige chair, speaks and gestures with his hand.
InvestingRay Dalio warns the world is ‘on the brink’ of a capital war of weaponizing money—and gold is the best way for people to protect themselves
By Sasha RogelbergFebruary 4, 2026
bezos
North AmericaJeff Bezos’ mass layoffs at the Washington Post a ‘case study in near-instant, self-inflicted brand destruction,’ former editor says
By David Bauder and The Associated PressFebruary 4, 2026
broker
AIThe tech stock free fall doesn’t make any sense, BofA says in rebuke to investors while doubling down on the sector’s longevity
By Nick LichtenbergFebruary 4, 2026
RetailPepsiCo is cutting prices for snacks like Doritos by ‘up to 15%’ to appease customers pinched by the K-shaped economy
By Dave Lozo and Morning BrewFebruary 4, 2026
A mother and daughter smile in a TV studio
CryptoBitcoin demand in Nancy Guthrie disappearance shows how crypto is becoming a more frequent feature of physical crimes
By Carlos GarciaFebruary 4, 2026
Young woman dressed in a suit completing an online payment with her credit card
EconomyHaving a college degree still matters for being one of the wealthier Americans, New York Fed says
By Tristan BoveFebruary 4, 2026
luckey
AIPalmer Luckey says AI will make hardware so cheap you’ll be able to buy a ‘Ford F-150 for $1,000’
By Jake AngeloFebruary 4, 2026
Investing icon Kevin O'Leary
SuccessKevin O’Leary blasts attacks on billionaire entrepreneurs as a ‘huge mistake’—He says they don’t get enough credit for the jobs they’ve created
By Emma BurleighFebruary 4, 2026
Ryan Lochte
SuccessGold and silver prices have soared in time for the 2026 Olympics—now winning-athlete’s medals will be worth more money than ever with some fetching over $100K
By Preston ForeFebruary 4, 2026
SuccessPhilippines’ first male Olympic gold medalist in history was given a fully furnished $550,000 condo and a lifetime supply of ramen to go with his medals
By Orianna Rosa RoyleFebruary 4, 2026
kalshi
RetailKalshi gave away $50 in free groceries for 3 hours in New York City. A line 4 blocks long full of students and people on food stamps formed
By Eva RoytburgFebruary 4, 2026
C-SuiteIn 2026, it’s time for CEOs to rethink HQs and look to Dubai’s playbook for growth
By Abdulla BelhoulFebruary 4, 2026
Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on January 28, 2026 in Washington, DC.
EconomyTrump may have shot himself in the foot at the Fed, as Powell could stay on while Miran resigns from White House post
By Eleanor PringleFebruary 4, 2026
rent
Personal FinanceAmericans are so broke and housing is so expensive that ‘rent now, pay later’ is on the rise
By Ken Sweet, Cora Lewis and The Associated PressFebruary 4, 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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