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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.
st. louis
$25 billion in data centers shows St. Louis is serious about competing in the AI economy 

While Minneapolis and New York are pumping the brakes, the St. Louis region has decided to compete now in America’s new infrastructure race.

By Ron KitchensAugust 5, 2026
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%
By Glen Luke FlanaganAugust 5, 2026
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
By Glen Luke FlanaganAugust 5, 2026
Current price of Bitcoin for Aug. 5, 2026
Current price of Bitcoin for August 5, 2026
By Joseph HostetlerAugust 5, 2026
Top CD rates from major banks Aug. 5, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Top CD rates from major banks on August 5, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerAugust 5, 2026
Current price of Ethereum for Aug. 6, 2026
Current price of Ethereum for August 5, 2026
By Joseph HostetlerAugust 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
bessent
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
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
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
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
More in Banking
Personal Finance
More in Personal Finance
Current price of oil as of Aug. 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 silver as of Wednesday, August 5, 2026

Silver is a (comparatively) safe and reliable asset that can help you to preserve the value of your money during times of inflation.

By Joseph HostetlerAugust 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
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
More in Personal Finance
Investing
More in Investing
h
Honda doubles profit as motorcycles and a weak yen fuel its post‑EV writedown comeback

The automaker that booked a 423.9 billion yen full-year loss is suddenly posting a 456.9 billion yen quarter.

By Yuri Kageyama and The Associated PressAugust 5, 2026
SpaceX races toward Musk’s $1 trillion dream—just as insiders can start selling

Musk just turned in a 92% revenue surge, days before roughly 900 million insider shares flood the market and test whether investors still buy the story.

By Bernard Condon and The Associated PressAugust 5, 2026
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
Disney boosted by $1 billion at the box office, strong parks performance as international visits slump

Shares climbed more than 3% before the market opened on Wednesday.

By Michelle Chapman and The Associated PressAugust 5, 2026
More in Investing
Real Estate
More in Real Estate
Mortgage rates today, Aug. 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
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
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
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
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
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
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
Could a UN-backed plan to reopen Hormuz break the deadlock? 

In this week’s Fortune Gulf Brief.

By Melissa HancockAugust 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
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
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
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
More in Crypto
Latest stories from Fortune
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
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.
Economy
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
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
Noa Khamallah smiles in a white polo with his hands in his pockets
Newsletters
Noa Khamallah was a street kid and convict. Now his $10 million fund is taking on mega-VCs
By Lily Mae LazarusAugust 5, 2026
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
gen z
Personal Finance
Gen Z’s anti-capitalist brand says one thing. Its spending data says something more interesting
By Nick LichtenbergAugust 5, 2026
More FinancePage 60 of 100
Top CD rates on May 27, 2026: Lock in up to up to 4.30%
Personal Finance
Top CD rates on May 27, 2026: Lock in up to up to 4.30%
By Glen Luke FlanaganMay 27, 2026
  • U.S. President Donald Trump arrives to the commencement ceremony on Cadet Memorial Field at the United States Coast Guard Academy on May 20, 2026 in New London, Connecticut.
    Economy
    U.S. would only break Iranian ceasefire if there was ‘absolutely no alternative,’ says Deutsche Bank—this weekend was a warning shot
    By Eleanor PringleMay 26, 2026
The top high-yield savings rates: Up to 5.00% on May 27, 2026
Personal Finance
The top high-yield savings rates: Up to 5.00% on May 27, 2026
By Glen Luke FlanaganMay 27, 2026
Citi’s 5-year comeback: How CEO Jane Fraser turned the bank’s chronic underperformance into decade-high revenue
Magazine
Citi’s 5-year comeback: How CEO Jane Fraser turned the bank’s chronic underperformance into decade-high revenue
By Claire ZillmanMay 27, 2026
tt
North America
This is no way to treat our Swiss friends
By Richard W. RahnMay 27, 2026
Like Bill Gates, this billionaire is cutting his kids inheritance to 8 figures because he’d rather give more to philanthropy than his great-grandkids
Success
Like Bill Gates, this billionaire is cutting his kids inheritance to 8 figures because he’d rather give more to philanthropy than his great-grandkids
By Orianna Rosa RoyleMay 27, 2026
Current refi mortgage rates report for May 27, 2026
Personal Finance
Current refi mortgage rates report for May 27, 2026
By Glen Luke FlanaganMay 27, 2026
  • t
    Commentary
    The Supreme Court handed Trump a Golden Chariot on tariffs — now he just has to take it
    By Jeffrey Sonnenfeld and Steven TianMay 26, 2026
Current ARM mortgage rates report for May 27, 2026
Personal Finance
Current ARM mortgage rates report for May 27, 2026
By Glen Luke FlanaganMay 27, 2026
Mortgage rates, May 27, 2026
Personal Finance
Mortgage rates, May 27, 2026
By Glen Luke FlanaganMay 27, 2026
Sam Altman, wearing a suit, speaks in front of a dark red background.
AI
Sam Altman and Dario Amodei are both walking back their AI jobs apocalypse prophecies as they eye blockbuster IPOs
By Sasha RogelbergMay 26, 2026
Mark Cuban speaks onstage during a conference in Austin
Crypto
Billionaire Mark Cuban says bye-bye Bitcoin: Why he is ‘disappointed’ by crypto
By Jack KubinecMay 26, 2026
Dozens of people sit on a stairs and hold a large banner reading 'Freedom to unionize now'
Economy
Uber drivers in Massachusetts just pulled off the biggest labor win since 1941 — just before the robots arrive
By Leah Willingham and The Associated PressMay 26, 2026
  • Ali Hussain (left) and Mike MacLennan (right) smile
    AI
    Exclusive: The next wave of AI drive-thrus is here—and a16z and Arc think it finally works
    By Lily Mae LazarusMay 26, 2026
Largest study of AI hiring algorithms to date finds ‘clear racial disparities’ — over 25% of Black applicants tainted by bias
AI
Largest study of AI hiring algorithms to date finds ‘clear racial disparities’ — over 25% of Black applicants tainted by bias
By Nick LichtenbergMay 26, 2026
America’s housing market decline is ‘no longer just a Sun Belt story’—LA and Dallas are tumbling, too
Real Estate
America’s housing market decline is ‘no longer just a Sun Belt story’—LA and Dallas are tumbling, too
By Nick LichtenbergMay 26, 2026
n
Investing
Goldman Sachs just ran some ugly numbers on the SaaSPocalypse—and found hedge funds are dumping software and piling into semis
By Nick LichtenbergMay 26, 2026
Rear view of a depressed non binary person looking out of their bedroom window on a sunny day - negative emotion
Economy
America is becoming less neighborly, and it’s hurting Gen Z and millennials’ chances at economic mobility
By Tristan BoveMay 26, 2026
Coinbase pushes further into AI payments with new MCP for Base network
Crypto
Coinbase pushes further into AI payments with new MCP for Base network
By Jeff John RobertsMay 26, 2026
Bill Winters, chief executive officer of Standard Chartered
Success
After receiving backlash, the CEO of Standard Chartered apologizes for hurt over saying ‘lower value human capital’ will be automated by AI
By Emma BurleighMay 26, 2026
indonesia
Asia
Indonesia jolts China with ‘hostile takeover’ of key commodities in American-influenced move
By Edna Tarigan, Anton L. Delgado and The Associated PressMay 26, 2026
sa
Politics
How $580,000 hidden under a sofa cushion became a constitutional crisis in South Africa
By Gerald Imray and The Associated PressMay 26, 2026
gg
North America
Gas is up 51% since February. Americans just started buying less of everything else
By Christopher Rugaber and The Associated PressMay 26, 2026
a
Energy
BP ousts chairman months into his tenure, citing ‘important governance standards, oversight and conduct’ concerns
By Michelle Chapman and The Associated PressMay 26, 2026
Current price of Ethereum for May 26, 2026
Personal Finance
Current price of Ethereum for May 26, 2026
By Joseph HostetlerMay 26, 2026
Current price of Bitcoin for May 26, 2026
Personal Finance
Current price of Bitcoin for May 26, 2026
By Joseph HostetlerMay 26, 2026
Top CD rates from major banks May 26, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on May 26, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerMay 26, 2026
Current price of oil as of May 26, 2026
Personal Finance
Current price of oil as of May 26, 2026
By Joseph HostetlerMay 26, 2026
Current price of silver as of Monday, May 26, 2026
Personal Finance
Current price of silver as of Tuesday, May 26, 2026
By Joseph HostetlerMay 26, 2026
Current price of gold as of May 26, 2026
Personal Finance
Current price of gold as of May 26, 2026
By Danny BakstMay 26, 2026
florida
Commentary
The next great American tech hub isn’t a city. It’s a corridor between New York and Miami
By Patrick Chun and Matt HigginsMay 26, 2026
Spotify is aiming for 1 billion users and 20% operating margins by 2030. Here’s how it plans to get there
Newsletters
Spotify is aiming for 1 billion users and 20% operating margins by 2030. Here’s how it plans to get there
By Sheryl EstradaMay 26, 2026
revere
Commentary
America turns 250 with a dangerous new problem: We no longer agree on what’s real
By Richard TorrenzanoMay 26, 2026
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Most Popular
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
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
By Marco Quiroz-GutierrezAugust 3, 2026
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