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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.
Chinese court rules firms can’t lay off workers on AI grounds
Chinese court rules firms can’t lay off workers on AI grounds

The court decided that a tech firm in eastern China had illegally fired one of its workers after he refused to take a demotion when his job was automated by AI.

By Victor Swezey and BloombergMay 3, 2026
Iran has collected a ‘pittance’ of less than $1.3 million in Hormuz tolls, Bessent says, as currency dives to fresh record low
Iran has collected a ‘pittance’ of less than $1.3 million in Hormuz tolls, Bessent says, as currency dives to fresh record low
By Adam Schreck, Melanie Lidman and The Associated PressMay 3, 2026
Landlords who were barred from evicting tenants during COVID are in settlement talks with DOJ to recoup as much as $1.5 billion
Landlords who were barred from evicting tenants during COVID are in settlement talks with DOJ to recoup as much as $1.5 billion
By Michael Casey and The Associated PressMay 3, 2026
America’s twin scarcities: The 4-million-unit shortage in both housing and childcare is breaking families
America’s twin scarcities: The 4-million-unit shortage in both housing and childcare is breaking families
By Sydney LakeMay 3, 2026
The dollar has fallen 10% under Trump. It helps big multinational companies but is a ‘hidden tax’ raising costs from vacations to groceries
The dollar has fallen 10% under Trump. It helps big multinational companies but is a ‘hidden tax’ raising costs from vacations to groceries
By Matt Sedensky and The Associated PressMay 3, 2026
He started as a part-time Starbucks barista at 17. Now he’s an exec designing the menu
He started as a part-time Starbucks barista at 17. Now he’s an exec designing the menu
By Orianna Rosa RoyleMay 3, 2026
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Economy
More in Economy
Sam Altman speaks into a microphone
Sam Altman says the quiet part out loud, confirming some companies are ‘AI washing’ by blaming unrelated layoffs on the technology

Some economists are warning there’s no sign of AI-related job displacement appearing in the labor data. Altman claimed it’s just a matter of time until it does.

By Sasha RogelbergMay 3, 2026
America got rich and got sad. A top economist says 2020 broke something that hasn’t healed

It’s not a mystery why everyone got sad in 2020. What is: the fact they never recovered. Sam Peltzman sees a “segregated happiness society.”

By Nick LichtenbergMay 3, 2026
Trump wants to cut federal loans from college programs that don’t pay off. College cosmetology, fine arts, and music programs are at risk

As student debt surpasses $1.7 trillion, a Trump-backed rule would strip federal aid from degree and certificate programs with weak earnings outcomes.

By Preston ForeMay 3, 2026
The US is in a league of its own when it comes to its debt burden, as rating agencies bemoan ‘long-running deterioration’ in fiscal governance

America’s debt just surpassed the size of its entire economy. That could mean higher mortgage rates, costlier loans, and government spending ever more squeezed.

By Tristan BoveMay 3, 2026
More in Economy
Banking
More in Banking
US Federal Reserve Chair Jerome Powell departs a press conference at the Federal Reserve Board Building in Washington, DC, on April 29, 2026.
Fed whisperer splits on Powell: A+ as steward, but ‘I don’t think you could give him high marks on the economy’

“I think they made a lot of mistakes under his leadership, on the economics and the monetary policy.”

By Eva RoytburgMay 3, 2026
Disney’s new CEO is exploring a ‘super app’ for theme park tickets, movies and more

The new app would marry Disney+ with mobile platforms such as the Disneyland Resort and Disney Cruise Line Navigator apps.

By Thomas Buckley, Lucas Shaw and BloombergMay 2, 2026
Interest on U.S. debt is becoming a top driver of future deficits, as the sheer size of past borrowing overwhelms the fiscal outlook 

“In a ‘Fiscal Dominance’ regime, the Fed’s ability to aggressively hike rates to curb inflation is constrained, as doing so risks a fiscal or financial crisis.”

By Jason MaMay 2, 2026
San Diego Padres to sell team to investor group led by Kwanza Jones and José E. Feliciano, who will become the second Latino owner in baseball

The deal with private equity billionaire Feliciano and his wife took shape last month at an MLB-record valuation of $3.9 billion.

By Greg Beacham and The Associated PressMay 2, 2026
More in Banking
Personal Finance
More in Personal Finance
blake
I spent a decade selling homes to the ultra-wealthy. What I saw explains the housing market’s nepo problem

The most important thing I learned selling real estate to the top 1% for 10 years wasn’t about properties — it was about the parents in the room.

By Blake O'ShaughnessyMay 3, 2026
Warren Buffett says markets are like a church with a casino attached, but ‘we’ve never had people in a more gambling mood than now’

“But that doesn’t mean that investing is terrible. It does mean that prices for an awful lot of things will look very silly.”

By Jason MaMay 2, 2026
The American household just took an 81% margin cut. Wall Street hasn’t priced it in

The economy is treating the oil shock like a temporary inflation problem. It’s actually a household solvency problem, and the risk is radiating.

By Katica RoyMay 2, 2026
Suze Orman once said earning more than $800,000 would make her ‘sick to my stomach’—but that turning down Oprah Winfrey cured her self-doubt

Finance icon Suze Orman turned down a million-dollar book deal and refused to appear on The Oprah Winfrey Show—and says both decisions changed her life.

By Orianna Rosa RoyleMay 2, 2026
More in Personal Finance
Investing
More in Investing
Can the ‘blue economy’ deliver on its promise? Investors are starting see the ocean as an asset worth protecting
Can the ‘blue economy’ deliver on its promise? Investors are starting see the ocean as an asset worth protecting

Investors, scientists, and leaders are no longer asking if the blue economy is real and instead figuring out how quickly they can scale it.

By Natalie Sum Yue ChungMay 2, 2026
Berkshire’s cash pile hits $397.4 billion as profit more than doubles, but annual meeting attendance falls sharply without Warren Buffett as CEO

Attendance is down significantly this year with the arena only a little over half full as the meeting started.

By Josh Funk and The Associated PressMay 2, 2026
EBay soars on report that GameStop is preparing a takeover bid

GameStop, led by e-commerce entrepreneur Ryan Cohen, has been building a position in the online auctioneer and plans to make an offer for the business this month. 

By Spencer Soper, Cecilia D'Anastasio and BloombergMay 1, 2026
Stop donating to Harvard and the Ivy League. There’s a better option that MacKenzie Scott already figured out

MacKenzie Scott gets it. Most donors still don’t. 

By Ed Smith-LewisMay 2, 2026
More in Investing
Real Estate
More in Real Estate
francis
Former Miami Mayor Francis Suarez: Why I’m joining Stephen Ross and Ken Griffin in betting big on ambitious business leaders

The man behind Miami’s viral “How can I help?” explains why he signed on as Senior Advisor to the Gold Coast’s most ambitious recruitment campaign yet.

By Francis SuarezMay 1, 2026
Current refi mortgage rates report for May 1, 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 FlanaganMay 1, 2026
Mortgage rates today, May 1, 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 FlanaganMay 1, 2026
Current ARM mortgage rates report for May 1, 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 FlanaganMay 1, 2026
More in Real Estate
Energy
More in Energy
 Trump says he is reviewing a new Iranian proposal to end the war but ‘can’t imagine that it would be acceptable’
 Trump says he is reviewing a new Iranian proposal to end the war but ‘can’t imagine that it would be acceptable’

Two semiofficial Iranian news outlets, Tasnim and Fars said Iran has sent a 14-point proposal via Pakistan in response to a nine-point U.S. proposal.

By Aamer Madhani, Sarah El Deeb, Cara Anna and The Associated PressMay 2, 2026
Iran juggles oil cuts and storage strain to resist U.S. blockade

Tehran is proactively reducing crude output in a move to stay ahead of capacity limits rather than waiting for tanks to fill completely.

By Anthony Di Paola, Ben Bartenstein, Patrick Sykes, Weilun Soon, Charles Gorrivan and BloombergMay 2, 2026
One economist’s ‘radical idea’ to solve the biggest energy crisis in history: a reverse OPEC

UMass Amherst economist Gregor Semieniuk says the U.S. is the most powerful country to make the idea work.

By Sasha RogelbergMay 2, 2026
Unionized workers form alliance with rich tech giants on AI data centers, pushing back on local opposition and redrawing political lines

With data center construction accelerating, unions are expanding training centers and seeing their ranks grow faster than many union leaders have ever seen.

By Marc Levy and The Associated PressMay 2, 2026
More in Energy
Crypto
More in Crypto
Exclusive: Startup Fun raises $72 million for the serious business of converting crypto and cash
Exclusive: Startup Fun raises $72 million for the serious business of converting crypto and cash

The crypto investor Multicoin Capital and the tech VC SignalFire led the Series A fundraise.

By Ben WeissMay 1, 2026
SEON CEO: Prediction markets can forecast the future. Can they survive their own manipulation problem?

The prediction markets supercycle has outpaced its regulatory infrastructure — and the next 12 months of CFTC rulemaking will determine

By Tamas KadarMay 1, 2026
Elon Musk likes Bitcoin—but he just told a jury most crypto coins are scams

The billionaire’s thoughts on crypto came up during the OpenAI trial

By Jack KubinecApril 30, 2026
A ‘no-brainer’: Senate unanimously bans members and staff from using prediction markets

The vote comes a week after a U.S. special forces soldier was charged with using classified information to bet on the January capture of Venezuela’s then-president, Nicolas Maduro,

By Mary Clare Jalonick and The Associated PressApril 30, 2026
More in Crypto
Latest Stories
2 U.S. service members missing after multinational war games in Morocco
Politics2 U.S. service members missing after multinational war games in Morocco
By The Associated PressMay 3, 2026
Trumps says some ‘very interesting’ UFO files will be revealed, and the Pentagon promises ‘never-before-seen’ information
PoliticsTrumps says some ‘very interesting’ UFO files will be revealed, and the Pentagon promises ‘never-before-seen’ information
By Collin Binkley and The Associated PressMay 3, 2026
jason corso
CommentaryAI models are choking on junk data
By Jason CorsoMay 3, 2026
The Diary of a CEO founder Steven Bartlett
SuccessDiary of a CEO founder says he hired someone with ‘zero’ work experience because she ‘thanked the security guard by name’ before the interview
By Emma BurleighMay 3, 2026
president donald trump
PoliticsA $20B battleship the U.S. abandoned after WWII is back in Trump’s $1.5T defense budget. Experts say modern missiles will easily destroy it
By Jake AngeloMay 3, 2026
Julia Hartz, the cofounder and CEO of Eventbrite
SuccessEventbrite CEO sold her company for $500 million—without a job for the first time since 15, she’s playing chess with a robot and eyeing internships
By Emma BurleighMay 3, 2026
Zoom is giving away $150K to ‘solopreneurs’ with no strings attached—as 33 million workers ditch corporate to become their own boss
SuccessZoom is giving away $150K to ‘solopreneurs’ with no strings attached—as 33 million workers ditch corporate to become their own boss
By Orianna Rosa RoyleMay 3, 2026
Trump vows to reduce U.S. troops in Germany ‘a lot further’ than 5,000 as defense official says armed services were blindsided by move
EuropeTrump vows to reduce U.S. troops in Germany ‘a lot further’ than 5,000 as defense official says armed services were blindsided by move
By Kirsten Grieshaber, Emma Burrows, Aamer Madhani and The Associated PressMay 2, 2026
More FinancePage 66 of 100
office
Future of Work‘The ideal number of human employees inside of any company is zero’: Why AI gives company owners what they think they want
By Nick LichtenbergMarch 5, 2026
  • Colleagues at business meeting in conference room
    NewslettersFinance leaders are divided on how they’d use potential tariff refunds—with just 18% saying they’d fully roll back price increases
    By Sheryl EstradaMarch 4, 2026
trump
CommentaryThe housing paradox: why banning institutional investors could make affordability worse
By Sean DobsonMarch 5, 2026
Fortune Editor-in-Chief Alyson Shontell and Khosla Ventures Founder Vinod Khosla: Graphic for Fortune 500 Titans and Disruptors of Industry podcast. Episode title: "AI and the end of work?"
EconomyVinod Khosla thinks future presidential candidates should run on removing income tax for those making less than $100,000
By Catherina GioinoMarch 5, 2026
Mortgage rates, March 5, 2026
Personal FinanceMortgage rates, March 5, 2026
By Glen Luke FlanaganMarch 5, 2026
Current refi mortgage rates report for March 5, 2026
Personal FinanceCurrent refi mortgage rates report for March 5, 2026
By Glen Luke FlanaganMarch 5, 2026
Current ARM mortgage rates report for March 5, 2026
Personal FinanceCurrent ARM mortgage rates report for March 5, 2026
By Glen Luke FlanaganMarch 5, 2026
  • spain
    EuropeTrump’s fury at Spain has him working to figure out how to wage a trade war even though it’s part of the EU
    By Suman Naishadham, Joseph Wilson and The Associated PressMarch 4, 2026
vradenburg
CommentaryPoor brain health costs the world economy $5 trillion a year. The world is waking up to the crisis
By George VradenburgMarch 5, 2026
SpaceX is poised to raise more money in its IPO than was raised in last year’s 90 IPOs combined
InvestingSpaceX is poised to raise more money in its IPO than was raised in last year’s 90 IPOs combined
By Shawn TullyMarch 5, 2026
U.S. President Donald Trump listens to Commerce Secretary Wilbur Ross speak during a luncheon with the President of Poland, Andrzej Duda at the White House on June 12, 2019 in Washington, DC.
EconomyAmerican consumers are the ultimate losers in the ‘immense mess’ that is the $175 billion tariff refund, says Trump’s former commerce secretary
By Eleanor PringleMarch 5, 2026
Studio portrait of Leopold Aschenbrenner
InvestingWhy Leopold Aschenbrenner’s AI hedge fund is betting big on power companies and Bitcoin miners to fuel the ‘superintelligence’ race
By Sharon GoldmanMarch 5, 2026
A family sits against the backdrop of a dockyard off coast city of Fujairah, in the Strait of Hormuz in the northern Emirate on February 25, 2026. (Photo by Giuseppe CACACE / AFP via Getty Images)
EnergyTrump pledged the ‘free flow of energy’ from the Middle East, and he has a week to show progress before prices really spike again
By Jordan BlumMarch 5, 2026
  • dubai
    PoliticsThe hottest ticket in Dubai is a $200,000 spot on a private jet out of town
    By Simina Mistreanu, Stefanie Dazio and The Associated PressMarch 4, 2026
President Trump
Personal FinanceTrump’s new 401(k) match collides with a harsh reality: More workers are dipping into their retirement cash just to get by
By Jake AngeloMarch 5, 2026
World Cup safety is in jeopardy due to funding chaos and a lack of security coordination, U.S. host city officials warn
North AmericaWorld Cup safety is in jeopardy due to funding chaos and a lack of security coordination, U.S. host city officials warn
By Sam Klebanov and Morning BrewMarch 4, 2026
Current price of Ethereum for March 4, 2026
Personal FinanceCurrent price of Ethereum for March 4, 2026
By Joseph HostetlerMarch 4, 2026
Target is over being ‘an everything store,’ CEO says. It’s doubling down on baby items and groceries—and investing $1 billion in its supply chain
RetailTarget is over being ‘an everything store,’ CEO says. It’s doubling down on baby items and groceries—and investing $1 billion in its supply chain
By Molly Liebergall and Morning BrewMarch 4, 2026
erik
Future of WorkTop AI economist who found ‘significant and disproportionate impact’ on entry-level jobs finds link between robots and minimum wage hikes
By Nick LichtenbergMarch 4, 2026
Exclusive: Venture giant a16z crypto targeting around $2 billion for its fifth fund amid blockchain market downturn, sources say
CryptoExclusive: Venture giant a16z crypto targeting around $2 billion for its fifth fund amid blockchain market downturn, sources say
By Ben Weiss and Leo SchwartzMarch 4, 2026
teresa
EconomyThis ‘retirement nerd’ at the uber-liberal New School teamed with Trump’s economy guru to reinvent the 401(k)
By Jacqueline MunisMarch 4, 2026
Donald Trump sits in the Oval Office. He looks ahead and points.
EconomyTrump’s $175 billion illegal tariff revenue is now accruing interest, and refund delays could be costing American taxpayers $700 million a month
By Sasha RogelbergMarch 4, 2026
Air France will suspend flights to Havana after the U.S. Venezuela strike chokes Cuba’s oil lifeline
EnergyAir France will suspend flights to Havana after the U.S. Venezuela strike chokes Cuba’s oil lifeline
By The Associated PressMarch 4, 2026
President Donald Trump gesturing during his State of the Union address
Middle EastDespite a $200 billion price tag, Trump admits the Iran war could just swap one bad leader for another
By Tristan BoveMarch 4, 2026
Teacher with her hands on her head
SuccessThe average American teacher makes $72,000, but one in three are so broke they’re taking on side hustles like Uber driving
By Preston ForeMarch 4, 2026
oppenheimer
InvestingGoldman’s top strategist warns stocks are flashing the same warning signs as before the 2008 financial crisis
By Nick LichtenbergMarch 4, 2026
Current price of Bitcoin as of Wednesday, March 4, 2026
Personal FinanceCurrent price of Bitcoin for March 4, 2026
By Joseph HostetlerMarch 4, 2026
Current big bank CD rates as of March 4, 2026
Personal FinanceTop CD rates from major banks on March 4, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerMarch 4, 2026
Current price of silver as of Wednesday, March 4, 2026
Personal FinanceCurrent price of silver as of Wednesday, March 4, 2026
By Joseph HostetlerMarch 4, 2026
Current price of platinum as of Wednesday, March 4, 2026
Personal FinanceCurrent price of platinum as of Wednesday, March 4, 2026
By Joseph HostetlerMarch 4, 2026
Current price of gold as of March 4, 2026
Personal FinanceCurrent price of gold as of March 4, 2026
By Danny BakstMarch 4, 2026
three men pose for photo
CryptoExclusive: Cyclops raises $8 million to build stablecoin infrastructure for payments companies
By Carlos GarciaMarch 4, 2026
property
Personal FinanceNationwide voter revolt over property taxes collides with reality that every other revenue source has been slashed already
By Jeff Amy and The Associated PressMarch 4, 2026
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Personal Finance
Scott Bessent on financial literacy: 'it drives me crazy' to see young men in blue-collar construction jobs playing the lotteryplaceholder alt text
By Fatima Hussein and The Associated PressMay 1, 2026
Economy
Gen Z is rebelling against the economy with ‘disillusionomics,’ tackling near 6-figure debt by turning life into a giant list of income streamsplaceholder alt text
By Jacqueline MunisMay 2, 2026
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The American household just took an 81% margin cut. Wall Street hasn’t priced it inplaceholder alt text
By Katica RoyMay 2, 2026
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