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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.
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Trump claims — yet again — that a deal to reopen Hormuz is close

Regional negotiators finalized a draft accord awaiting approval from Iran, as attacks on shipping continue and Brent crude holds near $80.

By The Associated Press, Elena Becatoros, Samy Magdy and Darlene SupervilleAugust 5, 2026
h
Honda doubles profit as motorcycles and a weak yen fuel its post‑EV writedown comeback
By Yuri Kageyama and The Associated PressAugust 5, 2026
s
SpaceX races toward Musk’s $1 trillion dream—just as insiders can start selling
By Bernard Condon and The Associated PressAugust 5, 2026
st. louis
$25 billion in data centers shows St. Louis is serious about competing in the AI economy 
By Ron KitchensAugust 5, 2026
d
Disney boosted by $1 billion at the box office, strong parks performance as international visits slump
By Michelle Chapman and The Associated PressAugust 5, 2026
Scott Bessent, US treasury secretary, during a meeting with US President Donald Trump and Lebanon's President Joseph Aoun, not pictured, in the Oval Office of the White House in Washington, DC, US, on Tuesday, July 21, 2026.
Scott Bessent just declared the K-shaped economy is over, saying he’s ‘sick of hearing about’ it—but the data would beg to disagree
By Eleanor PringleAugust 5, 2026
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Economy
More in Economy
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
Trump’s tariffs were supposed to boost American manufacturing, but the new levies are actually pushing some companies back to China

“The story that it is bringing back manufacturing is really not the story,” economist Mary Lovely warned. “Manufacturing is not coming back.”

By Sasha RogelbergAugust 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
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
More in Economy
Banking
More in Banking
Today’s top high-yield savings rates: Up to 4.50% on Aug. 5, 2026
Today’s top high-yield savings rates: Up to 4.50% on Aug. 5, 2026

There are still high-yield savings accounts offering APYs around 5%. See which banks have the highest savings account rates available today.

By Glen Luke FlanaganAugust 5, 2026
Top CD rates from major banks on August 5, 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 5, 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 Banking
Personal Finance
More in Personal Finance
Top CD rates today, Aug. 5, 2026: Lock in up to up to 4.50%
Top CD rates today, Aug. 5, 2026: Lock in up to up to 4.50%

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

By Glen Luke FlanaganAugust 5, 2026
Current price of Ethereum for August 5, 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 HostetlerAugust 5, 2026
Current price of oil as of August 5, 2026

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

By Joseph HostetlerAugust 5, 2026
Current price of Bitcoin for August 5, 2026

Bitcoin is the original cryptocurrency and remains the most popular crypto coin on the market.

By Joseph HostetlerAugust 5, 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. 5, 2026
Current ARM mortgage rates report for Aug. 5, 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 5, 2026
Current refi mortgage rates report for Aug. 5, 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 5, 2026
Today’s home equity loan and HELOC rates, August 5, 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 5, 2026
Mortgage rates today, Aug. 5, 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 5, 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
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Success
Neil Armstrong’s boyhood home, nearly untouched, goes up for sale with no legal protection
By John Seewer, Patrick Aftoora-Orsagos and The Associated PressAugust 5, 2026
t
Arts & Entertainment
Bands used to ‘break’ on Letterman — now they’re recreating late night on YouTube
By Maria Sherman and The Associated PressAugust 5, 2026
air
Environment
It’s getting too hot to fly: climate‑driven heat waves are forcing airlines to dump passengers and cargo
By Rio Yamat, M.K. Wildeman and The Associated PressAugust 5, 2026
bezos
Environment
Leo DiCaprio teams with Jeff and Lauren Sanchez Bezos on $200 million plan to save 100 endangered species
By The Associated PressAugust 5, 2026
OpenAI logo is seen displayed on a smartphone with code in the background.
C-Suite
What OpenAI’s finance team is becoming in the age of AI
By Sheryl EstradaAugust 5, 2026
Ask your employees one question about AI. The silence will tell you everything
Commentary
Ask your employees one question about AI. The silence will tell you everything
By Will DroverAugust 5, 2026
Photo: the Strait of Hormuz.
Newsletters
A deal with Iran on the Strait of Hormuz—with a truckload of caveats—could come as soon as today
By Jim EdwardsAugust 5, 2026
Bill Ackman’s next big bet is convincing Americans to fall back in love with capitalism
Newsletters
Bill Ackman’s next big bet is convincing Americans to fall back in love with capitalism
By Alyson ShontellAugust 5, 2026
More FinancePage 44 of 100
Current price of oil as of June 15, 2026
Personal Finance
Current price of oil as of June 15, 2026
By Joseph HostetlerJune 15, 2026
  • Middle-aged adults taking GLP-1s for obesity can save over $192K on lifetime medical costs, higher if they don’t have college degrees, new study finds
    Health
    Middle-aged adults taking GLP-1s for obesity can save over $192K on lifetime medical costs, higher if they don’t have college degrees, new study finds
    By Mia OsmonbekovJune 14, 2026
Twilio CFO on the turnaround that won back Wall Street
Newsletters
Twilio CFO on the turnaround that won back Wall Street
By Sheryl EstradaJune 15, 2026
pete
Environment
Wind industry accuses Pentagon of stealth $47 billion freeze on clean energy in 21 states
By Jennifer McDermott and The Associated PressJune 15, 2026
Current price of silver as of Monday, June 15, 2026
Personal Finance
Current price of silver as of Monday, June 15, 2026
By Joseph HostetlerJune 15, 2026
SpaceX tokens are a bust on IPO day—but blame supply and demand, not crypto
Newsletters
SpaceX tokens are a bust on IPO day—but blame supply and demand, not crypto
By Jeff John RobertsJune 15, 2026
Trump gets the peace deal he wants and rages against Israel’s Netanyahu: ‘He has no f—ing judgement. I let him know that’
Economy
Trump gets the peace deal he wants and rages against Israel’s Netanyahu: ‘He has no f—ing judgement. I let him know that’
By Jim EdwardsJune 15, 2026
  • U.S.’s screwworm fix is still a year away, risking more spread
    North America
    U.S.’s screwworm fix is still a year away, risking more spread
    By Ilena Peng and BloombergJune 13, 2026
Top CD rates on June 15, 2026: Lock in up to up to 4.30%
Personal Finance
Top CD rates on June 15, 2026: Lock in up to up to 4.30%
By Glen Luke FlanaganJune 15, 2026
The top high-yield savings rates: Up to 5.00% on June 15, 2026
Personal Finance
The top high-yield savings rates: Up to 5.00% on June 15, 2026
By Glen Luke FlanaganJune 15, 2026
Animoca Brands cofounder Yat Siu argues Asia will fuse AI and the blockchain before the West does
Asia
Animoca Brands cofounder Yat Siu argues Asia will fuse AI and the blockchain before the West does
By Angelica AngJune 15, 2026
Mortgage rates, June 15, 2026
Personal Finance
Mortgage rates, June 15, 2026
By Glen Luke FlanaganJune 15, 2026
Current refi mortgage rates report for June 15, 2026
Personal Finance
Current refi mortgage rates report for June 15, 2026
By Glen Luke FlanaganJune 15, 2026
  • The hottest debate on Wall Street right now: Does the flood of mega-IPOs and new shares signal a downturn ahead? That depends
    Investing
    The hottest debate on Wall Street right now: Does the flood of mega-IPOs and new shares signal a downturn ahead? That depends
    By Jason MaJune 13, 2026
Current ARM mortgage rates report for June 15, 2026
Personal Finance
Current ARM mortgage rates report for June 15, 2026
By Glen Luke FlanaganJune 15, 2026
Markets celebrate U.S.-Iran deal as both sides confirm this time is real. Trump says oil will flow and ‘I never cared about regime change’
Energy
Markets celebrate U.S.-Iran deal as both sides confirm this time is real. Trump says oil will flow and ‘I never cared about regime change’
By Jason MaJune 14, 2026
Oil and gas supplies could take months to return to normal after Iran deal, energy experts say
Energy
Oil and gas supplies could take months to return to normal after Iran deal, energy experts say
By Cathy Bussewitz and The Associated PressJune 14, 2026
Trump says a deal has been reached with Iran and orders end to U.S. naval blockade as Hormuz to reopen — ‘Ships of the World, start your engines’
Politics
Trump says a deal has been reached with Iran and orders end to U.S. naval blockade as Hormuz to reopen — ‘Ships of the World, start your engines’
By Julia Frankel, Abby Sewell, Munir Ahmed, Will Weissert and The Associated PressJune 14, 2026
Social Security faces steep cuts. These senators want to bet on stocks and $27 trillion in debt to save it—but ‘the gamble does not always pay off’
Investing
Social Security faces steep cuts. These senators want to bet on stocks and $27 trillion in debt to save it—but ‘the gamble does not always pay off’
By Jason MaJune 14, 2026
Vietnam has bold plans for its economic future. It will need U.S. tech, capital, and speed to make them happen
Commentary
Vietnam has bold plans for its economic future. It will need U.S. tech, capital, and speed to make them happen
By Brian McFeeters and Vu Tu ThanhJune 14, 2026
Iran pushes differing versions of deal as U.S. sticks to timeline
Politics
Iran pushes differing versions of deal as U.S. sticks to timeline
By Salma El Wardany, Arsalan Shahla and BloombergJune 14, 2026
Iran proved it can close the Strait of Hormuz, but the U.S. is advertising very loudly that the world’s top superpower can at least punch open a hole
Energy
Iran proved it can close the Strait of Hormuz, but the U.S. is advertising very loudly that the world’s top superpower can at least punch open a hole
By Jason MaJune 14, 2026
SpaceX surge further boosts Saudi billionaire prince’s fortune
Investing
SpaceX surge further boosts Saudi billionaire prince’s fortune
By Adveith Nair and BloombergJune 14, 2026
Wall Street is gaining access to new catastrophe models to help predict wars
Banking
Wall Street is gaining access to new catastrophe models to help predict wars
By Gautam Naik and BloombergJune 14, 2026
People wait outside a building
AI
AI job disruption is here. The problem may be compounded because nearly 75% of people don’t apply for unemployment benefits
By Jacqueline MunisJune 14, 2026
Bryan Catanzaro sits in a gray chair in front of a blue and green background.
AI
‘The cost of compute is far beyond the costs of the employee’: Nvidia executive says right now AI is more expensive than paying human workers
By Sasha RogelbergJune 14, 2026
Photo of young woman with a photo of a pizza
Success
Gen Z grad landed an internship by wearing her university baseball cap to her pizza joint job. Now she works at Cisco
By Orianna Rosa RoyleJune 14, 2026
Early vote tally shows Switzerland rejecting bid to cap population at 10 million, a proposal dubbed the ‘Swiss Brexit’
Europe
Early vote tally shows Switzerland rejecting bid to cap population at 10 million, a proposal dubbed the ‘Swiss Brexit’
By Jamey Keaten and The Associated PressJune 14, 2026
ivan
Commentary
The Sun Belt boom is over. Midwest real-estate investors say ‘I told you so’
By Ivan BarrattJune 14, 2026
A 1% mistake costs $10 billion: Inside the impossible math of managing Elon Musk’s trillionaire SpaceX wealth
Personal Finance
A 1% mistake costs $10 billion: Inside the impossible math of managing Elon Musk’s trillionaire SpaceX wealth
By Sydney LakeJune 14, 2026
Boomers actually do hold most of the wealth and power. So why do they call it ‘whiny’ to point that out?
Economy
Boomers actually do hold most of the wealth and power. So why do they call it ‘whiny’ to point that out?
By Nick LichtenbergJune 14, 2026
t
Commentary
A quartz countertop tariff could double your kitchen renovation cost — and kill 13 jobs for every one it creates
By Steve SwedbergJune 14, 2026
Pump pain, Wall Street gain: Iran war sends U.S. oil profits, stocks soaring as the big winners
Energy
Pump pain, Wall Street gain: Iran war sends U.S. oil profits, stocks soaring as the big winners
By Jordan BlumJune 14, 2026
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How Zohran Mamdani's pied-à-terre tax exposed an epidemic of 'ghost cars' insteadplaceholder alt text
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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
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AI
Forget Gen Z: People in their 70s and 80s are some of the earliest Americans to welcome physical AI into their homes and daily routinesplaceholder alt text
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