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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
More in Economy
Photo: Paris, france
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
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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
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‘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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A sign hangs on the front door of a shuttered Allbirds store on April 02, 2026 in Chicago, Illinois.
AI
Allbirds ditches sneaker business to pivot to AI compute, stock surges over 700%
By Eva RoytburgApril 15, 2026
  • trump
    Real Estate
    Trump’s White House: America is short 10 million houses
    By Josh Boak and The Associated PressApril 14, 2026
People protesting against tax giants.
Politics
How a free tax filing system from the government went from 296,000 users to zero in just one year
By Catherina GioinoApril 15, 2026
U.S. President Donald Trump waves to the media after walking off of Air Force One at Miami International Airport on April 11, 2026 in Miami, Florida.
Politics
Trump says the Iran war is ‘very close to over’—despite no deal, a live blockade, and threats mounting
By Eva RoytburgApril 15, 2026
Boss has lunch with her workers outside
Success
The CEO of a $24 billion Dutch lender has sandwiches once a week with the staff to hear their views and get them on side with cost cuts
By Emma BurleighApril 15, 2026
horowitz
AI
A16z’s Ben Horowitz sees ‘AI anxiety’ consuming Silicon Valley founders. Workers’ fear of something else is killing adoption
By Nick LichtenbergApril 15, 2026
raikes
Commentary
Jeff Raikes: AI is capturing cognition — and most companies are building a talent debt they don’t see yet
By Jeff RaikesApril 15, 2026
  • Augusta Precious Metals review: What to know in 2026 
    Personal Finance
    Augusta Precious Metals review: What to know in 2026 
    By Joseph HostetlerApril 14, 2026
Top CD rates from major banks April 15, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on April 15, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerApril 15, 2026
Current price of Ethereum for April 15, 2026
Personal Finance
Current price of Ethereum for April 15, 2026
By Joseph HostetlerApril 15, 2026
Current price of Bitcoin for April 15, 2026
Personal Finance
Current price of Bitcoin for April 15, 2026
By Joseph HostetlerApril 15, 2026
Current price of gold as of April 15, 2026
Personal Finance
Current price of gold as of April 15, 2026
By Danny BakstApril 15, 2026
Current price of oil as of April 15, 2026
Personal Finance
Current price of oil as of April 15, 2026
By Joseph HostetlerApril 15, 2026
  • suburb
    Real Estate
    Another month, another record-high home price: March hits $408,800—the 33rd straight increase
    By Jake AngeloApril 14, 2026
Current price of silver as of Wednesday, April 15, 2026
Personal Finance
Current price of silver as of Wednesday, April 15, 2026
By Joseph HostetlerApril 15, 2026
meat
Politics
Polarized Minnesota politicians find something to agree on: the meat raffle
By Steve Karnowski, Mark Vancleave and The Associated PressApril 15, 2026
hampshire
Law
Hampshire College closes, the latest in a string of small schools to fold under demographic, financial pressure
By Michael Casey, Leah Willingham and The Associated PressApril 15, 2026
snap
Law
Snap to cut about 1,000 jobs, or 16% of its global workforce
By The Associated PressApril 15, 2026
lebanon
Politics
Iran, U.S. close to agreeing cease-fire extension, officials say
By Samy Magdy, Sam Metz, Munir Ahmed and The Associated PressApril 15, 2026
In this photo illustration, the American multinational investment bank, Citibank or Citi (NYSE: C), logo seen displayed on a smartphone with an Artificial intelligence (AI) chip and symbol in the background.
Newsletters
Citi’s new CFO touts AI gains as bank posts record $24.6 billion revenue quarter: ‘This is not the spell-checker working better’
By Sheryl EstradaApril 15, 2026
clinton
Commentary
I was a government official in the 1990s and watched the economy get turned upside-down. It’s happening again
By Maria FlynnApril 15, 2026
dees
Commentary
A retired general’s warning: America can’t fight the AI arms race on tech it doesn’t control
By Robert F. DeesApril 15, 2026
Silicon Valley has no monopoly on AI brainpower. That’s why Demis Hassabis is very happy to stay in London
Europe
Silicon Valley has no monopoly on AI brainpower. That’s why Demis Hassabis is very happy to stay in London
By Kamal AhmedApril 15, 2026
Members of the public pose for photographs beside the Charging Bull, sometimes referred to as the Bull of Wall Street or the Bowling Green Bull on Broadway on April 14, 2025 in New York City.
Economy
Markets haven’t rallied this fast since COVID. Iran volatility is just another ‘notch on the belt’ for investors, says J.P. Morgan strategist
By Eleanor PringleApril 15, 2026
Gavin Newsom stands behind a podium with a piece of paper in his hands as people celebrate around him.
Economy
Economists warned California not to raise the minimum wage to $20. They were wrong in almost every way so far, another economist says
By Sasha RogelbergApril 15, 2026
With global oil supplies weeks away from systemic shortages, Trump teases an end to the war
Energy
With global oil supplies weeks away from systemic shortages, Trump teases an end to the war
By Jim EdwardsApril 15, 2026
Mike Horton poses with his arms crossed.
Newsletters
Exclusive: Hyfix raises $15 million to build a U.S. alternative to DJI’s drone dominance
By Lily Mae LazarusApril 15, 2026
Top CD rates on April 15, 2026: Lock in up to up to 4.20%
Personal Finance
Top CD rates on April 15, 2026: Lock in up to up to 4.20%
By Glen Luke FlanaganApril 15, 2026
The top high-yield savings rates: Up to 5.00% on April 15, 2026
Personal Finance
The top high-yield savings rates: Up to 5.00% on April 15, 2026
By Glen Luke FlanaganApril 15, 2026
Current refi mortgage rates report for April 15, 2026
Personal Finance
Current refi mortgage rates report for April 15, 2026
By Glen Luke FlanaganApril 15, 2026
Current ARM mortgage rates report for April 15, 2026
Personal Finance
Current ARM mortgage rates report for April 15, 2026
By Glen Luke FlanaganApril 15, 2026
Mortgage rates, April 15, 2026
Personal Finance
Mortgage rates, April 15, 2026
By Glen Luke FlanaganApril 15, 2026
The hidden menace behind Big Tech’s AI arms race: Meta, Amazon, and others are spending billions on hardware that’s worthless in as little as 3 years, says Research Affiliates partner
AI
The hidden menace behind Big Tech’s AI arms race: Meta, Amazon, and others are spending billions on hardware that’s worthless in as little as 3 years, says Research Affiliates partner
By Shawn TullyApril 15, 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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