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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.
Iran juggles oil cuts and storage strain to resist U.S. blockade
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
Disney’s new CEO is exploring a ‘super app’ for theme park tickets, movies and more
Disney’s new CEO is exploring a ‘super app’ for theme park tickets, movies and more
By Thomas Buckley, Lucas Shaw and BloombergMay 2, 2026
Unionized workers form alliance with rich tech giants on AI data centers, pushing back on local opposition and redrawing political lines
Unionized workers form alliance with rich tech giants on AI data centers, pushing back on local opposition and redrawing political lines
By Marc Levy and The Associated PressMay 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 
Interest on U.S. debt is becoming a top driver of future deficits, as the sheer size of past borrowing overwhelms the fiscal outlook 
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
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
By Greg Beacham and The Associated PressMay 2, 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’
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’
By Jason MaMay 2, 2026
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Economy
More in Economy
trump
America’s paying more at the pump. Trump’s new Air Force One jet donated by Qatar is nearly ready

Defense Secretary Pete Hegseth accepted the luxury jet a year ago despite questions about the ethics and legality.

By Jonathan J. Cooper and The Associated PressMay 2, 2026
War in Iran has Croatia’s tourist hotspot wondering: will Dubrovnik host another 4 million visitors in 2026?

“The situation for sure is very, very difficult, and we are following what’s happening every day,” said tourist board direcotr Miro Draskovic.

By Darko Bandic and The Associated PressMay 2, 2026
Pope Leo XIV encourages wealthy U.S. Catholics to keep donating after Papal Foundation approves most grants in its history

The election of Leo seems to have reinvigorated the U.S. church, especially the donor class.

By Nicole Winfield and The Associated PressMay 2, 2026
Gen Z is rebelling against the economy with ‘disillusionomics,’ tackling near 6-figure debt by turning life into a giant list of income streams

Failed promises are reshaping how Gen Z approaches financial decisions and their role in the economy. Call it “disillusionomics,” Alice Lassman says.

By Jacqueline MunisMay 2, 2026
More in Economy
Banking
More in Banking
Berkshire’s cash pile hits $397.4 billion as profit more than doubles, but annual meeting attendance falls sharply without Warren Buffett as CEO
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
Anthropic’s most powerful AI model just exposed a crisis in corporate governance. Here’s the framework every CEO needs.

Yale’s Jeffrey Sonnenfeld and colleagues argue that Claude Mythos will break enterprise deployment in ways that cannot be undone—without key fixes.

By Jeffrey Sonnenfeld, Stephen Henriques, Dan Kent and Holden LeeMay 2, 2026
Fifa’s Infantino predicted sellouts and ‘1,000 years of World Cups at once,’ but fans aren’t biting

Who wants to pay $2,000 to $4,000 for World Cup tickets? It turns out fans don’t.

By James Robson and The Associated PressMay 1, 2026
Blackstone’s Steve Schwarzman built a program to teach young leaders about China. It’s harder to get into than Harvard

Inspired by the Rhodes Scholar program, Schwarzman’s philanthropic initiative brings students in their early-to-mid-20s to spend a year immersed in understanding how China works.

By Shawn TullyMay 2, 2026
More in Banking
Personal Finance
More in Personal Finance
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
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
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
Top CD rates from major banks on May 1, 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 HostetlerMay 1, 2026
Scott Bessent on financial literacy: ‘it drives me crazy’ to see young men in blue-collar construction jobs playing the lottery

The billionaire hedge fund manager has made Financial Literacy Month an initiative, driven by a childhood marred by poverty.

By Fatima Hussein and The Associated PressMay 1, 2026
More in Personal Finance
Investing
More in Investing
mackenzie
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
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
Current price of Ethereum for May 1, 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 HostetlerMay 1, 2026
Billionaires have a problem money can’t solve: They don’t know how to talk to their kids

The largest wealth transfer in history is underway. But a new report reveals that the real obstacle isn’t taxes, trusts, or market volatility — it’s silence.

By Nick LichtenbergMay 1, 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
A group of people wait by a gap pump with their motorcycles.
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
Asia is being hammered by the Iran conflict’s economic fallout. The U.S. has the playbook to help—and every reason to

Energy prices up 70%, growth forecasts slashed, fertilizer shortages spreading: Washington needs to adjust its trade agenda.

By Wendy Cutler and Jane MellsopMay 2, 2026
Exxon Mobil CEO sees ‘more to come’ on price spikes from Iran war as Exxon, Chevron beat on earnings despite plunging profits

Exxon and Chevron are maintaining a wait-and-see approach to Venezuela, but they’re taking diverging paths in the booming Permian Basin.

By Jordan BlumMay 1, 2026
The Iran war has turned the world’s shipping straits into a chessboard—and the U.S. aims to box out China from the Panama Canal to the Malacca Strait

As the war over the Strait of Hormuz wages on, the U.S. is quietly gaining more influence over the Panama Canal and the straits of Malacca and Gibraltar.

By Jordan BlumMay 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
Apple raises Mac Mini’s starting price to $799 after AI frenzy drains supply
AIApple raises Mac Mini’s starting price to $799 after AI frenzy drains supply
By Chris Welch, Mark Gurman and BloombergMay 2, 2026
Jensen Huang says some CEOs have a ‘God complex’ when it comes to AI apocalypse warnings, which can create shortages of critical workers
AIJensen Huang says some CEOs have a ‘God complex’ when it comes to AI apocalypse warnings, which can create shortages of critical workers
By Jason MaMay 2, 2026
conway
North AmericaGerry Conway, comics legend who created the Punisher, dies at 73
By Claire Rush and The Associated PressMay 2, 2026
bard
C-SuiteBard College president steps down, months after his deep ties to Jeffrey Epstein were revealed
By The Associated PressMay 2, 2026
death
EnvironmentMeet ‘Green Death’: the burial practices for activists worried about climate change and carbon footprint
By Dorany Pineda and The Associated PressMay 2, 2026
First Watch CEO Chris Tomasso holding his fist up at the New York Stock Exchange
SuccessCEO writes hundreds of thank you notes to staff and still eats in the break room—which ‘always, for whatever reason, blows new employees away’
By Preston ForeMay 2, 2026
Photo of several people working on a presentation together
AIBig Tech is shelling out up to $1 million for new hires who will never have to write a line of code
By Sydney LakeMay 2, 2026
Trump flouts lower court rulings in unprecedented display of executive power, and ‘respect for the rule of law is likely to break down’
LawTrump flouts lower court rulings in unprecedented display of executive power, and ‘respect for the rule of law is likely to break down’
By Sudhin Thanawala and The Associated PressMay 2, 2026
More FinancePage 75 of 100
U.S. debt concerns weigh on Trump’s plan to supersize the Pentagon’s budget to $1.5 trillion, highlighting this law about great-power status
EconomyU.S. debt concerns weigh on Trump’s plan to supersize the Pentagon’s budget to $1.5 trillion, highlighting this law about great-power status
By Jason MaFebruary 23, 2026
  • Treasury Secretary Scott Bessent speaks during a Q&A at the Economic Club Of Dallas on February 20, 2026 in Dallas, Texas.
    EconomyScott Bessent has ’got a feeling’ that $175 billion raised under the IEEPA is lost to the American people for good
    By Eleanor PringleFebruary 23, 2026
sheinbaum
North AmericaHow Mexico took down ‘El Mencho’: tracking a girlfriend and some crucial help from U.S. intelligence
By María Verza and The Associated PressFebruary 23, 2026
Waller speaks and points with a microphone in his hand.
EconomyBelow zero: Fed governor wouldn’t be surprised at negative job growth number
By Christopher Rugaber and The Associated PressFebruary 23, 2026
Crypto VC Framework Ventures to take $45 million stake in Better.com as mortgage issuer plans to launch ’Home Token’
CryptoCrypto VC Framework Ventures to take $45 million stake in Better.com as mortgage issuer plans to launch ’Home Token’
By Ben WeissFebruary 23, 2026
Photo of Sam Altman
AIOpenAI changed its mission statement 6 times in 9 years. It finally removed the word “safely” as a core value when it restructured into a for-profit
By Catherina GioinoFebruary 23, 2026
Snow falls on the U.S. Supreme Court building.
EnvironmentSupreme Court will hear Big Oil’s attempt to block lawsuits seeking to hold it liable for climate change
By Lindsay Whitehurst and The Associated PressFebruary 23, 2026
  • Photo of President Trump
    EconomyStocks sell off as traders wake up to the realization that Trump has ‘highly punitive’ options for new trade tariffs
    By Jim EdwardsFebruary 23, 2026
trump
CommentaryTrump’s tariffs: a lesson in economic and legal ignorance
By Steve H. HankeFebruary 23, 2026
Photo of Donald Trump
EconomyIn less than a year, Trump erased 12 years of solvency for the trust fund that pays for Medicare Part A
By Nick LichtenbergFebruary 23, 2026
US Treasury Secretary Scott Bessent.
Economy‘Maya MacGuineas should be ashamed’: Scott Bessent launches war of words with the nonpartisan think tank that agrees with Trump on tariffs
By Tristan BoveFebruary 23, 2026
Artistic rendering of Bitcoins
CryptoBitcoin stabilizes after tariff whiplash briefly sends price below $65,000
By Carlos GarciaFebruary 23, 2026
Scott Bessent sits during a testimony with both hands raised beside him.
EconomyGoldman Sachs says U.S. consumers are stuck with higher prices even after Supreme Court ruling opens door to $180 billion in tariff refunds
By Sasha RogelbergFebruary 23, 2026
  • Top CD rates on Feb. 23, 2026: Lock in up to up to 4.15%
    Personal FinanceTop CD rates on Feb. 23, 2026: Lock in up to up to 4.15%
    By Glen Luke FlanaganFebruary 23, 2026
A convoy of National Guard vehicles in Mexico City
EconomyDrug use is on the rise as U.S. spending on the War on Drugs tops $1 trillion and cartel leaders drive violent eruptions in Mexico
By Tristan BoveFebruary 23, 2026
broker
InvestingMorgan Stanley hails rare ‘reindustrialization renaissance’ of AI economy—but it’s better for computers than humans
By Nick LichtenbergFebruary 23, 2026
trump
EconomyTrump has already hit peak tariff, Morgan Stanley says. His new 15% levy might not even be legal
By Nick LichtenbergFebruary 23, 2026
Photo: Inside a data center.
AIWithout AI spending, U.S. corporate investment in equipment would be negative, a decline that’s ‘worryingly broad-based,’ Pantheon analyst says 
By Jim EdwardsFebruary 23, 2026
broker at the stock exchange
InvestingThe stock market bubble will burst in 2027, and the current rotation is a ‘warning of trouble ahead,’ Capital Economics says
By Nick LichtenbergFebruary 23, 2026
The record gap between corporate profits and worker pay has an ‘undercurrent of betrayal,’ top economist warns 
EconomyThe record gap between corporate profits and worker pay has an ‘undercurrent of betrayal,’ top economist warns 
By Jason MaFebruary 23, 2026
ghost
AI‘Ghost GDP,’ a white-collar recession, and the death of friction: Substack’s top finance writer warns of the 2028 AI crisis nobody sees coming
By Nick LichtenbergFebruary 23, 2026
Jensen Huang
SuccessWhile Nvidia CEO Jensen Huang enjoys an over $150 billion net worth, his fellow cofounder Curtis Priem sold out in 2006—and missed out on $600 billion
By Preston ForeFebruary 23, 2026
Current price of gold as of February 23, 2026
Personal FinanceCurrent price of gold as of February 23, 2026
By Danny BakstFebruary 23, 2026
mexico
North AmericaMexico’s latest cartel violence prompts fears of ‘narcoterrorism’ in replay 1990s Colombia
By María Verza and The Associated PressFebruary 23, 2026
taxi
InnovationSelf-driving taxis hit London, a city with such complex streets that it has a ‘Knowledge’ test that takes cabbies years to pass
By Kelvin Chan and The Associated PressFebruary 23, 2026
hughes
LawBlockbuster ratings start to vindicate NBC’s $7.75 billion bet on the Olympics
By Joe Reedy and The Associated PressFebruary 23, 2026
Current price of silver as of Monday, February 23, 2026
Personal FinanceCurrent price of silver as of Monday, February 23, 2026
By Joseph HostetlerFebruary 23, 2026
Current price of platinum as of Monday, February 23, 2026
Personal FinanceCurrent price of platinum as of Monday, February 23, 2026
By Joseph HostetlerFebruary 23, 2026
retail
InvestingHow ‘dumb money’ took over stock markets: $5.4 trillion of retail activity took place in 2025
By Alex Veiga and The Associated PressFebruary 23, 2026
leyen
Economy‘A deal is a deal’: EU demands Trump stand by his word amid ‘pure tariff chaos’ after Supreme Court ruling
By The Associated PressFebruary 23, 2026
Is Ethereum good enough for Wall Street? If history is any guide, the answer is clear
NewslettersIs Ethereum good enough for Wall Street? If history is any guide, the answer is clear
By Jeff John RobertsFebruary 23, 2026
Adult, senior, diverse executive team business people together in conference meeting room in contemporary modern office bright sunny daylight sunset dusk talking discussing planning organizing strategy
NewslettersCFOs are waking up to a trade landscape that’s more volatile than ever
By Sheryl EstradaFebruary 23, 2026
The 29-year old investor who went from selling fake IDs to backing Poppi raises a $75 million fund to invest in brands with a ‘cultural edge’
NewslettersThe 29-year old investor who went from selling fake IDs to backing Poppi raises a $75 million fund to invest in brands with a ‘cultural edge’
By Leo SchwartzFebruary 23, 2026
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Scott Bessent on financial literacy: 'it drives me crazy' to see young men in blue-collar construction jobs playing the lotteryplaceholder alt text
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A Chick-fil-A worker got fired and then showed up behind the register to allegedly refund himself over $80,000 in mac and cheeseplaceholder alt text
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