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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.
Russia’s fuel crisis is so bad that a mom and her baby waited in line for 18 hours to get gas — ‘Are we in the Soviet Union?’
Russia’s fuel crisis is so bad that a mom and her baby waited in line for 18 hours to get gas — ‘Are we in the Soviet Union?’

Energy analysts have estimated that 25% or more of Russia’s oil refining capacity has been taken offline by Ukraine’s drone attacks.

By Jason MaJuly 4, 2026
U.S. debt is a looming crisis today but was once its own revolutionary masterstroke that helped launch a global financial superpower
U.S. debt is a looming crisis today but was once its own revolutionary masterstroke that helped launch a global financial superpower
By Jason MaJuly 4, 2026
Trump Accounts are now available for kids. Here’s where the money will be invested in the stock market—in line with Warren Buffett’s advice
Trump Accounts are now available for kids. Here’s where the money will be invested in the stock market—in line with Warren Buffett’s advice
By Jason MaJuly 4, 2026
Costco CEO promises the $1.50 hot dog isn’t going away: ‘The price will not change as long as I’m around’
Costco CEO promises the $1.50 hot dog isn’t going away: ‘The price will not change as long as I’m around’
By Sydney LakeJuly 4, 2026
Iran’s envoy to China says Beijing to get Hormuz concessions
Iran’s envoy to China says Beijing to get Hormuz concessions
By BloombergJuly 4, 2026
Ukrainian drones target more Russian oil infrastructure as fuel crisis adds political pressure on Putin, who shrugs off attacks as ‘not critical’
Ukrainian drones target more Russian oil infrastructure as fuel crisis adds political pressure on Putin, who shrugs off attacks as ‘not critical’
By The Associated PressJuly 4, 2026
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Economy
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Brutal heatwave in France is killing 2,000 people per week, undertakers are overwhelmed, and health agency says there’s worse to come

Funeral service directors have said they’ve struggled to find places to store bodies before burial or cremation, with some saying they had to turn bodies away.

By John Leicester and The Associated PressJuly 3, 2026
On Wall Street, analysts increasingly don’t believe the U.S. government’s ‘misleading’ job numbers

“These data are misleading and should be disregarded,” Jamie Cox of Harris Financial Group says.

By Jim EdwardsJuly 3, 2026
Inside the mind of Kevin Warsh: As told by his former boss Condoleezza Rice, his college friend, and his closest partner during the financial crisis

“Kevin’s one of those people who demands more of himself than others could ever,” Condoleezza Rice exclusively tells Fortune.

By Eleanor PringleJuly 3, 2026
Trump is already causing a headache for his new Fed chairman, saying the central bank’s board is ‘hostile’ and ‘doing the wrong thing’

Trump claimed the board is “a little hostile” toward new Fed Chairman Warsh.

By Eleanor PringleJuly 3, 2026
More in Economy
Banking
More in Banking
JPMorgan built a pipeline of female CEO candidates that was the envy of Wall Street. How did it fall apart?
JPMorgan built a pipeline of female CEO candidates that was the envy of Wall Street. How did it fall apart?

Marianne Lake’s retirement from JPMorgan marked the end of the bank’s chance to elevate a woman to one of the world’s top jobs.

By Emma HinchliffeJuly 4, 2026
A $75 billion valuation, 75 million global customers and on its way to America—Revolut is London’s disruptor extraordinaire

Investors are betting big on Revolut. Valued at $75bn in its latest fundraising round, the fintech is targeting a $200bn-plus IPO with backing from Nvidia and SoftBank

By Kamal AhmedJuly 3, 2026
‘We are in a new era’: Trump’s bombshell $2.2 billion income haul, the ‘Big Player Theory’ and what happens when the president becomes the bubble

In the age of artificial intelligence, Syracuse University’s Robert Koppl, progenitor of “big player theory,” told Fortune, we have “augmented ignorance.”

By Nick LichtenbergJuly 3, 2026
The top high-yield savings rates: Up to 4.50% on July 3, 2026

Check out the highest savings account rates available on May 8, 2026. Some high-yield savings accounts are still offering rates around 5%.

By Glen Luke FlanaganJuly 3, 2026
More in Banking
Personal Finance
More in Personal Finance
Older worker sad at laptop
A quarter of young baby boomers and Gen Xers who’ve been laid off in the last decade are still unemployed—and 11% have taken pay cuts to work

Just as financial pressure peaks, many Gen Xers are finding themselves overlooked, underpaid, and edged out.

By Emma BurleighJuly 4, 2026
Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

Donations from individuals hit $394B last year, but a 17% rise in bequests points to a shift in philanthropy driven by the Great Wealth Transfer.

By Preston ForeJuly 4, 2026
Elon Musk can’t sell a single SpaceX share for a year—and then all the locks crack open at once

The rocket maker’s gated stock-sale structure is designed to keep billions of shares from cratering the stock price.

By Amanda GerutJuly 3, 2026
YouTube’s founders split over $650 million when they sold to Google in 2006—had they held out, they could have taken a slice of $550 billion

YouTube’s cofounders could all be part of the billionaire club alongside Google’s Sundar Pichai had they kept the business: It’s grown some 333x since they cashed out.

By Preston ForeJuly 3, 2026
More in Personal Finance
Investing
More in Investing
bis
Global stocks stage a rally as American markets take the day off

Risk on!

By Elaine Kurtenbach and The Associated PressJuly 3, 2026
Michael Burry just shorted Caterpillar’s 172% AI rally. One analyst says his bet won’t even matter

The Big Short investor calls Caterpillar one of the market’s most overvalued AI trades—but an analyst argues the rally reflects a real structural shift.

By Marco Quiroz-GutierrezJuly 2, 2026
Trump stopped talking about these media stocks, but his portfolio didn’t stop trading them

Trump, Comcast and Warner Bros. Discovery: a story of silence, activity and pending M&A deals.

By Mia OsmonbekovJuly 2, 2026
‘More fizzle than sparkle’: June jobs report fails to launch a July 4 firework

Chief economists and CIOs sounded gloomy notes. LPL Financial’s Jeffrey Roach calculated that 105.8 million Americans have left the labor market.

By Nick LichtenbergJuly 2, 2026
More in Investing
Real Estate
More in Real Estate
Woman sitting in front of her house
Airbnb offered $750 to Americans to open up their homes during the World Cup—mostly women took it up and now they’re earning thousands

The average host short-term rental host will get a $3,000 payday for renting out their space during the World Cup. Women are jumping on the opportunity.

By Emma BurleighJuly 3, 2026
Mortgage rates today, July 3, 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 FlanaganJuly 3, 2026
Current ARM mortgage rates report for July 3, 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 FlanaganJuly 3, 2026
Current refi mortgage rates report for July 3, 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 FlanaganJuly 3, 2026
More in Real Estate
Energy
More in Energy
How a third-generation Texas oilman transformed an organic farming company into a leading advanced nuclear startup at a small Christian college
How a third-generation Texas oilman transformed an organic farming company into a leading advanced nuclear startup at a small Christian college

See inside the race to scale up next-gen nuclear to power the AI data center boom.

By Jordan BlumJuly 4, 2026
Russians live with fuel shortages and rationing as Putin insists the war against Ukraine will go on

Ukraine has struck more than 50 oil refining sites in Russia but Putin presses on.

By The Associated PressJuly 3, 2026
Current price of oil as of July 2, 2026

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

By Joseph HostetlerJuly 2, 2026
A 2-year taste of the office was enough to make 3 grads quit. Now they run a $13.2 billion investment firm: ‘We didn’t want a traditional job again’

The trio quit their grad scheme with $25K and no business plan to found Octopus Group, the firm behind Octopus Energy: “Everyone thought we were mad.”

By Orianna Rosa RoyleJuly 2, 2026
More in Energy
Crypto
More in Crypto
t
‘I AM SETTING THEM ALL FREE, RIGHT NOW!’ Trump’s pre-July 4 Friday news dump included pardons for 11 people including ex-Abramoff partner

Buried in Friday’s pardon list: a Jack Abramoff-era fraudster who later threw a fundraiser at Mar-a-Lago — now a free man.

By Michelle L. Price and The Associated PressJuly 4, 2026
Securitize is latest crypto company to go public as BlackRock-backed firm sees stock jump 3% on debut

The company raised $400 million after merging with a special-purpose acquisition vehicle on Thursday.

By Camila Grigera NaónJuly 2, 2026
‘A witches’ brew’: Washington’s ethics establishment reacts to Trump’s $2.2 billion windfall—they’re shocked but not surprised

“It’s all heinous,” former ethics czar Norm Eisen said. “You can anticipate that we’ll be looking at legal remedies for this startling state of affairs.”

By Nick LichtenbergJuly 2, 2026
Former Iran director at NSC: Crypto legislation is a ticket to sanctions evasion

As the Senate weighs the CLARITY Act, gaps in oversight could hand adversaries new ways to evade sanctions and launder money.

By Richard NephewJuly 2, 2026
More in Crypto
Latest Stories
Nancy Pelosi’s husband could face misdemeanor charges after hit-and-run collision in Napa wine country that left one car with ‘major damage’
Politics
Nancy Pelosi’s husband could face misdemeanor charges after hit-and-run collision in Napa wine country that left one car with ‘major damage’
By Safiyah Riddle and The Associated PressJuly 4, 2026
Treasury rolls out currency signed by Trump for Fourth of July
Politics
Treasury rolls out currency signed by Trump for Fourth of July
By Jeff Mason and BloombergJuly 4, 2026
The Taylor Swift economy: Star-studded wedding at Madison Square Garden lifts luxury brands Christian Dior, Christian Louboutin, and Cartier
Arts & Entertainment
The Taylor Swift economy: Star-studded wedding at Madison Square Garden lifts luxury brands Christian Dior, Christian Louboutin, and Cartier
By Kimberlee Kruesi, Andrew Dalton and The Associated PressJuly 4, 2026
Trump allies double down on efforts to reshape Federal Reserve
Politics
Trump allies double down on efforts to reshape Federal Reserve
By Saleha Mohsin, Joshua Green and BloombergJuly 4, 2026
usa
North America
Before independence, America tried — and failed — to conquer Canada
By Sarah M.S. Pearsall and The ConversationJuly 4, 2026
The 1964 box set that predicted Dylan going electric — and still explains American music today
Arts & Entertainment
The 1964 box set that predicted Dylan going electric — and still explains American music today
By Ted Olson and The ConversationJuly 4, 2026
p
Politics
69% of Americans think the founders would be disappointed in democracy today. A French philosopher predicted why
By Robert A. Ballingall and The ConversationJuly 4, 2026
t
Politics
Trump White House can reinstall its sanitized history of slavery at George Washington’s house, appeals court rules
By Geoff Mulvihill, Nick Lichtenberg and The Associated PressJuly 4, 2026
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Real Estate
AI is quietly splitting the housing market in two: Bay Area luxury homes are up 13%, affordable ones are collapsing
By Jake AngeloMay 7, 2026
  • Current price of Ethereum for May 6, 2026
    Personal Finance
    Current price of Ethereum for May 6, 2026
    By Joseph HostetlerMay 6, 2026
moore
Commentary
I litigated the JetBlue-Spirit merger. A few thoughts on the future of antitrust in the airline industry
By James "Jimmy" MooreMay 7, 2026
Meet Mark Stevens: The billionaire VC, Nvidia board member, and Giving Pledge signer who just donated $200 million to USC
AI
Meet Mark Stevens: The billionaire VC, Nvidia board member, and Giving Pledge signer who just donated $200 million to USC
By Sydney LakeMay 7, 2026
Mortgage rates, May 7, 2026
Personal Finance
Mortgage rates, May 7, 2026
By Glen Luke FlanaganMay 7, 2026
Current refi mortgage rates report for May 7, 2026
Personal Finance
Current refi mortgage rates report for May 7, 2026
By Glen Luke FlanaganMay 7, 2026
Current ARM mortgage rates report for May 7, 2026
Personal Finance
Current ARM mortgage rates report for May 7, 2026
By Glen Luke FlanaganMay 7, 2026
  • Current price of Bitcoin for May 6, 2026
    Personal Finance
    Current price of Bitcoin for May 6, 2026
    By Joseph HostetlerMay 6, 2026
turner
Law
Before Mark Cuban and Jerry Jones, there was Ted Turner, the larger-than-life billionaire owner who changed sports
By R.J. Rico, Tim Reynolds and The Associated PressMay 6, 2026
A boat in the strait of hormuz.
Energy
Cargo ship crews face attacks waiting the Gulf as Trump pauses two-day-old project to ‘guide’ ships
By Mae Anderson, David McHugh and The Associated PressMay 6, 2026
high gas prices on display, $6.79 per gallon
Economy
Iran War is hitting low-income Americans the hardest at the gas pump, New York Fed says
By Christopher Rugaber and The Associated PressMay 6, 2026
Vornado CEO Steven Roth ‘shocked that our young mayor would pull this stunt’ and says Zohran Mamdani should know better than to target Ken Griffin
Real Estate
Vornado CEO Steven Roth ‘shocked that our young mayor would pull this stunt’ and says Zohran Mamdani should know better than to target Ken Griffin
By Catherina GioinoMay 6, 2026
Trump’s AI policy team came into office opposing everything Biden did. Now it’s on the cusp of implementing many of the same policies
Crypto
Trump’s AI policy team came into office opposing everything Biden did. Now it’s on the cusp of implementing many of the same policies
By Sharon GoldmanMay 6, 2026
  • Top CD rates from major banks May 6, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
    Personal Finance
    Top CD rates from major banks on May 6, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
    By Joseph HostetlerMay 6, 2026
Ryanair CEO Michael O'Leary
Travel & Leisure
It’s always happy hour at the airport bar, but Ryanair’s CEO is calling for a crackdown on 6am tipples: ‘Who needs to be drinking beer at that time?’
By Tristan BoveMay 6, 2026
The ‘PayPal Mafia’ built a $1.5 billion fintech pioneer. The company they left behind is on life support
Startups & Venture
The ‘PayPal Mafia’ built a $1.5 billion fintech pioneer. The company they left behind is on life support
By Eva RoytburgMay 6, 2026
Mark Zuckerberg once gave a Facebook engineer startup advice at 2 a.m. while ‘hanging out with all the interns’—she quit and raised millions after
Success
Mark Zuckerberg once gave a Facebook engineer startup advice at 2 a.m. while ‘hanging out with all the interns’—she quit and raised millions after
By Orianna Rosa RoyleMay 6, 2026
goldman
Investing
‘FOMO has proven a stronger incentive than poor stock performance’: Goldman Sachs finds insecurity is a key part of the AI boom
By Nick LichtenbergMay 6, 2026
donald trump
Economy
AI could solve America’s $39 trillion debt crisis—but only if Washington abandons displaced workers, Yale Budget Lab warns
By Jake AngeloMay 6, 2026
Pantera Capital founder and managing partner Dan Morehead onstage at a conference in 2023
Crypto
Wall Street is abuzz about ‘tokenized assets’—but most activity is limited to a nascent ‘wrapper’ phase, report finds
By Jack KubinecMay 6, 2026
A phone with a Zcash logo is held up in front of a computer monitor displaying price information
Crypto
Zcash spikes 30% after Multicoin managing partner says firm bought the token, calls it protection against wealth taxes
By Jack KubinecMay 6, 2026
Young college graduate in city
Success
Here are the best hiring hotspots for recent graduates—cities in the Midwest and South are even outpacing career hubs like New York City
By Emma BurleighMay 6, 2026
AI
AI
Americans are busy getting angry and throwing a fit about AI while the Chinese use it to book travel, order food and hail rides
By Chan Ho-Him and The Associated PressMay 6, 2026
mcdermott
AI
ServiceNow just told Wall Street it’s going to double again. Here’s why $30 billion of revenue isn’t crazy
By Nick LichtenbergMay 6, 2026
gas
Energy
You’re paying 50% more for gas than you did before Trump went to war in Iran
By Cathy Bussewitz and The Associated PressMay 6, 2026
pliego
Law
‘I feel like an absolute idiot. How could I fall for this?’ Mexican billionaire scammed out of $450 million by Russian claiming to be an Astor
By Dave Collins and The Associated PressMay 6, 2026
This September 25, 2021 picture shows the deserted beach of Blue Bay in south-east Mauritius, known as one of the most beautiful beaches and for its marine park.
Banking
Tiny island nation unveils $1 million ‘Golden Visa’ for the wealthy—80% cheaper than Trump’s, with one catch: you’re renting
By Eleanor PringleMay 6, 2026
trump
Politics
Trump claims he’s close to a deal with Iran and ‘if they don’t agree, the bombing starts’
By Josh Boak, E. Eduardo Castillo, Elena Becatoros and The Associated PressMay 6, 2026
The IRS may owe COVID-era refunds to tens of millions of taxpayers. Here’s who could qualify
Personal Finance
The IRS may owe COVID-era refunds to tens of millions of taxpayers. Here’s who could qualify
By Sydney LakeMay 6, 2026
Gas crisis? Kelp could be the biofuel answer to high gas prices, but only if the government removes some red tape
Environment
Gas crisis? Kelp could be the biofuel answer to high gas prices, but only if the government removes some red tape
By The Associated Press, Ana Georgescu and Zoe BeketovaMay 6, 2026
anis
Commentary
AI, robotics, climate tech: How VCaaS helps corporations enter deep tech safely
By Anis UzzamanMay 6, 2026
Donald Trump stands behind a podium, mimicking holding a gun.
Economy
‘Different from anything in the past 80 years of dollar dominance’: U.S. sanctions spur a ‘paradox’ pushing allies away from American currency
By Sasha RogelbergMay 6, 2026
Current price of gold as of May 6, 2026
Personal Finance
Current price of gold as of May 6, 2026
By Danny BakstMay 6, 2026
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Success
Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of livingplaceholder alt text
By Preston ForeJuly 4, 2026
Law
Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggsplaceholder alt text
By Wyatte Grantham-Philips and The Associated PressJuly 2, 2026
AI
Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998placeholder alt text
By Nick LichtenbergJuly 3, 2026
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