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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.
Saudi Arabia takes center stage as oil hits $100 and the Iran war escalates amid Houthi attacks and nuclear expansion
Saudi Arabia takes center stage as oil hits $100 and the Iran war escalates amid Houthi attacks and nuclear expansion

The Iran war is spreading from sea to sea as attacks erupt in the Bab el-Mandeb Strait.

By Jordan BlumJuly 23, 2026
California Republican’s awkward pitch: vote for me even if you hate Trump
California Republican’s awkward pitch: vote for me even if you hate Trump
By MIchael R. Blood and The Associated PressJuly 23, 2026
z
Democrats decide 2026 midterm elections are the perfect time for a civil war pitting socialists against moderates
By Jill Colvin and The Associated PressJuly 23, 2026
ford
Ford’s F-150 now doubles as a $1,100 home backup generator
By Alexa St. John and The Associated PressJuly 23, 2026
police tape
American homicides on track for lowest level in more than a century: ‘one of the most significant public safety developments in decades’
By Safiyah Riddle and The Associated PressJuly 23, 2026
Photo of Speaker of the House Mike Johnson.
The Republican-controlled House just passed a stock trading bill — that exempts Trump’s 3,600 Q1 trades
By Joey Cappelletti and The Associated PressJuly 23, 2026
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Economy
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Trump dismissed affordability as a word ‘made up by the Democrats’ and promised oil would come ‘tumbling down’—then it hit $100 a barrel

At his rally, Trump admitted, “You may be paying a little bit more,” and pleaded for more time, while saying the Iranians “break every deal they make.”

By Nick LichtenbergJuly 23, 2026
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it’s still worse somehow

“Japan’s debt dynamics are fundamentally different from those of the United States … Japan is the world’s largest creditor nation. The U.S. is the world’s largest debtor.”

By Sasha RogelbergJuly 23, 2026
Trump faces a catch-22 on Iran because of midterms, says his former commerce secretary: Face inflation furor or withdraw and look weak

“The war itself, in a kind of technical sense, is over … The question is, can we win the peace? And that’s what Hormuz is about,” Trump’s former commerce secretary, Wilbur Ross, exclusively tells Fortune.

By Eleanor PringleJuly 23, 2026
The GLP-1 paradox: too expensive to cover, too effective to cut

A founder and a former HHS CTO agree: GLPs are breaking the healthcare system. We need to move away from drug-first or diet-first obesity care.

By Bryan Sivak and Elina OnitskanskyJuly 23, 2026
More in Economy
Banking
More in Banking
Top CD rates from major banks July 23, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Top CD rates from major banks on July 23, 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 HostetlerJuly 23, 2026
Today’s top high-yield savings rates: Up to 4.50% on July 23, 2026

You can still find high-yield savings accounts offering rates around 5%… If you know where to look. Here’s our list of the highest savings account rates available today.

By Glen Luke FlanaganJuly 23, 2026
Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar

The Treasury Secretary says he hasn’t been to Fort Knox, but said all $600 billion in gold there is “present and accounted for.”

By Sasha RogelbergJuly 22, 2026
As Washington panics about Chinese AI, Jensen Huang says open-source models like Kimi are ‘excellent’ and should be embraced, not banned

The Nvidia CEO said open source AI models could fuel more demand for chips and data centers.

By Marco Quiroz-GutierrezJuly 22, 2026
More in Banking
Personal Finance
More in Personal Finance
Amazon founder Jeff Bezos
Amazon’s Jeff Bezos could be the latest American billionaire to buy into European soccer clubs—he’s eyeing up a stake in Liverpool FC

The Amazon founder worth $267 billion may chip in for a minority purchase of the British soccer team, while a wave of U.S. billionaires buy up clubs abroad.

By Emma BurleighJuly 23, 2026
Current price of gold as of July 23, 2026

Trends in gold prices could indicate whether the asset can protect against inflation. Here’s a look at how the precious metal is doing today.

By Danny BakstJuly 23, 2026
Current price of Ethereum for July 23, 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 HostetlerJuly 23, 2026
Michael Muthukrishna: The ‘lone genius’ myth is wrong and it’s holding back your business

LSE and NYU Professor Michael Muthukrishna on the “collective brain” and how Darwin wasn’t first, neither was Newton. Here’s why that matters for leaders.

By Michael MuthukrishnaJuly 23, 2026
More in Personal Finance
Investing
More in Investing
Alphabet Inc. and Google CEO Sundar Pichai speaks during the inauguration of a Google Artificial Intelligence (AI) hub in Paris on February 15, 2024. (
AI is forcing Big Tech to do something it’s never done: Spend more than it earns, and Wall Street hates it

The Mag7 had its worst day Thursday since the tariff-driven selloff last April.

By Eva RoytburgJuly 23, 2026
AI coding company Cursor, soon to be acquired by SpaceX, expands its CFO council

The council brings together finance leaders from tech-forward and legacy companies.

By Sheryl EstradaJuly 23, 2026
Coinbase invests in tokenized version of Abu Dhabi’s sovereign wealth fund 

Infrastructure provider KAIO will build the architecture necessary to tokenize Mubadala’s private‑markets fund.

By Camila Grigera NaónJuly 23, 2026
Wall Street is finally starting to buy ServiceNow CEO Bill McDermott’s story as the company beats Q2 earnings forecasts

ServiceNow beat Q2 Wall Street consensus estimates and raised revenue forecasts. The company’s shares now show signs of escaping the “SaaSpocalypse.”

By Jeremy KahnJuly 23, 2026
More in Investing
Real Estate
More in Real Estate
Current ARM mortgage rates report for July 23, 2026
Current ARM mortgage rates report for July 23, 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 23, 2026
Current refi mortgage rates report for July 23, 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 23, 2026
‘It’s called StreetEasy, not StreetHard’: Mamdani cracks down on scourge of ‘housefishing’ and ‘real estate slop’

The New York mayor’s proposal would require landlords, brokers and listing platforms to disclose AI-generated or digitally altered rental photos.

By Tatiana SatauaJuly 22, 2026
Mortgage rates today, July 23, 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 23, 2026
More in Real Estate
Energy
More in Energy
t
Trump signed a nuclear deal with Saudi, then rewrote its terms on social media to include Israel

Trump’s post said the agreement “will be approved, but is totally subject to Saudi Arabia joining the very respected and successful Abraham Accords.”

By Aamer Madhani, Collin Binkley, Michelle L. Price and The Associated PressJuly 23, 2026
The hidden cost of AI: Why your town is negotiating with Amazon and Microsoft

Hobart’s tax levy is $25 million, yet it secured $200 million in commitments from Amazon — as $130 million in data centers were blocked over three months.

By Melody BirminghamJuly 23, 2026
Trump approves Saudi nuclear deal that could allow uranium enrichment as U.S. wages war to end Tehran’s program

The 30-year agreement would let the kingdom enrich its own uranium—a capability nonproliferation experts warn could open a path to weapons.

By The Associated Press, Aamer Madhani, Michelle L. Price and Jon GambrellJuly 22, 2026
Current price of oil as of July 23, 2026

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

By Joseph HostetlerJuly 23, 2026
More in Energy
Crypto
More in Crypto
MoonPay to launch universal AI shopping wallet for non-technical Claude and ChatGPT consumers
MoonPay to launch universal AI shopping wallet for non-technical Claude and ChatGPT consumers

PayBox lets users instruct Claude or ChatGPT agents to make purchases within the platform with no need for coding or a special screen.

By Jeff John RobertsJuly 23, 2026
Europe does not need more ambition. It needs to stop hiding it

Thijn Lamers says European humility, not weak products, is holding back the next Adyen.

By Thijn LamersJuly 23, 2026
‘The audience is telling the industry something’: even IMAX is stunned by Christopher Nolan’s runaway ‘Odyssey’

As film fans mount their own odyssey to find scarce 70mm tickets, IMAX says demand for Christopher Nolan’s latest has “exceeded even our expectations.”

By Tatiana SatauaJuly 21, 2026
‘Without these funds, we face critical shortfalls’: Hegseth on additional defense spending following $37.5B Iran War price tag

Defense Secretary Pete Hegseth testified at a Senate hearing that Donald Trump’s proposed $1.5 trillion defense budget would be a necessary investment.

By The Associated Press and Lisa MascaroJuly 21, 2026
More in Crypto
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AI
Innovaccer’s CEO walked away from Disney and NASA to fix healthcare’s data mess. Now the startup has crossed $200 million in ARR
By Lily Mae LazarusJuly 23, 2026
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Coke on its rebrand accidentally nailing Gen Z’s ‘fridge cigarette’ joke: ‘building on on the things people already know and love’
By Tatiana SatauaJuly 23, 2026
Can Bangkok future-proof itself against the heat?
Commentary
Can Bangkok future-proof itself against the heat?
By Curtis S. Chin and Ella TanJuly 23, 2026
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AI
‘Call us whatever the hell you want’: Mark Zuckerberg just launched an AI optimism blitz using nostalgia to sell Meta’s AI future amid backlash
By Mia OsmonbekovJuly 23, 2026
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Turns out Dead Internet Theory was right: AI agents are eating the Web, growing by nearly 8,000% and rewiring the Internet’s business model
By Mia OsmonbekovJuly 23, 2026
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OpenAI debuts ChatGPT Voice so you can have ongoing conversations, ask the AI to complete tasks while hands-free
By Emily ForliniJuly 23, 2026
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The Miami Heat, LeBron James, and prediction markets: How a ‘mistake’ social media post turbocharged a $245 million wager
By Catherina Gioino and Joshua HongJuly 23, 2026
Musk says frontier AI models should face peer review from rival labs before release, with the government only stepping in as a last resort
AI
Musk says frontier AI models should face peer review from rival labs before release, with the government only stepping in as a last resort
By Marco Quiroz-GutierrezJuly 23, 2026
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Bank of America CFO Alastair Borthwick
Banking
Bank of America’s AI bet is starting to pay off, its CFO says
By Sheryl EstradaJuly 15, 2026
  • Kevin Warsh won’t say if the Fed is done raising rates, even as he says the Fed has ‘no tolerance’ for high inflation and Trump pressure looms
    Economy
    Kevin Warsh won’t say if the Fed is done raising rates, even as he says the Fed has ‘no tolerance’ for high inflation and Trump pressure looms
    By The Associated Press and Christopher RugaberJuly 14, 2026
France will take home at least $27 million from the World Cup—but star player Kylian Mbappé is set to give away his entire share of the prize money
Success
France will take home at least $27 million from the World Cup—but star player Kylian Mbappé is set to give away his entire share of the prize money
By Orianna Rosa RoyleJuly 15, 2026
UCSF medical center
Startups & Venture
Kleiner Perkins, John Doerr, and UCSF Health think healthcare AI has been built all wrong
By Lily Mae LazarusJuly 15, 2026
Salar al Khafaji stands while Sebastiaan Visser sits on a stool in front of a robotics warehouse
Innovation
He sold his last company to Palantir. Now he’s betting $32 million that robots can fix construction’s labor crisis
By Lily Mae LazarusJuly 15, 2026
‘Re-dollarization,’ not ‘de-dollarization’: Standard Chartered thinks fears over the U.S. dollar are overstated
Asia
‘Re-dollarization,’ not ‘de-dollarization’: Standard Chartered thinks fears over the U.S. dollar are overstated
By Angelica AngJuly 15, 2026
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview at the JPMorgan Global Markets Conference in Paris, France, on Tuesday, May 12, 2026.
Economy
Jamie Dimon understands why people are anti-rich: ‘We have, in fact, left the lower-income folks behind’ and ‘that’s kind of annoying’
By Eleanor PringleJuly 15, 2026
  • Goldman economist offers a reality check on AI adoption: it took 15 years for computers to really show up in the data
    AI
    Goldman economist offers a reality check on AI adoption: it took 15 years for computers to really show up in the data
    By Nick LichtenbergJuly 14, 2026
Top CD rates from major banks July 15, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on July 15, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJuly 15, 2026
Photo: President Trump.
Economy
Trump threatens Iran with more bombing as U.S. missile stockpiles decline, the Strait of Hormuz slams shut, and there’s no endgame in sight
By Jim EdwardsJuly 15, 2026
Current price of Ethereum for July 15, 2026
Personal Finance
Current price of Ethereum for July 15, 2026
By Joseph HostetlerJuly 15, 2026
Current price of Bitcoin for July 15, 2026
Personal Finance
Current price of Bitcoin for July 15, 2026
By Joseph HostetlerJuly 15, 2026
Current price of oil as of July 15, 2026
Personal Finance
Current price of oil as of July 15, 2026
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    Success
    JPMorgan CEO Jamie Dimon says he’s eyeing up book deals and teaching gigs when he steps away from his decades-long career at the banking giant
    By Emma BurleighJuly 14, 2026
Current price of silver as of Wednesday, July 15, 2026
Personal Finance
Current price of silver as of Wednesday, July 15, 2026
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Top CD rates on July 15, 2026: Lock in up to up to 4.40%
Personal Finance
Top CD rates on July 15, 2026: Lock in up to up to 4.40%
By Glen Luke FlanaganJuly 15, 2026
The top high-yield savings rates: Up to 4.50% on July 15, 2026
Personal Finance
The top high-yield savings rates: Up to 4.50% on July 15, 2026
By Glen Luke FlanaganJuly 15, 2026
Current ARM mortgage rates report for July 15, 2026
Personal Finance
Current ARM mortgage rates report for July 15, 2026
By Glen Luke FlanaganJuly 15, 2026
Current refi mortgage rates report for July 15, 2026
Personal Finance
Current refi mortgage rates report for July 15, 2026
By Glen Luke FlanaganJuly 15, 2026
Mortgage rates, July 15, 2026
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fl
Economy
Florida’s big tax cut plan assumes a level of migration that has already collapsed 90%
By Matt Brooks, Karin Brewster and The ConversationJuly 15, 2026
A younger man and an older man sit next to each other on a couch, looking down at a cell phone.
Banking
The $124 trillion Great Wealth Transfer is more than just cash: More U.S. businesses are now being inherited than bought, BofA finds
By Sasha RogelbergJuly 15, 2026
Mitsubishi takes over $7.5 billion in U.S. natural gas fields from Aethon, deepening Japanese bet on LNG and the AI boom
Energy
Mitsubishi takes over $7.5 billion in U.S. natural gas fields from Aethon, deepening Japanese bet on LNG and the AI boom
By Jordan BlumJuly 14, 2026
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Investing
An SEC email address mix-up is causing confusion and threatening to disrupt its proposal to scrap quarterly reporting requirements
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Personal Finance
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NYS Gov. Kathy Hochul standing at a podium
North America
‘New York will lead the way’: NYS Gov. Hochul’s data center moratorium includes a new model for funding AI infrastructure 
By Tatiana SatauaJuly 14, 2026
Taco Bell pulls some items as parasite outbreak spreads
Retail
Taco Bell pulls some items as parasite outbreak spreads
By Daniela Sirtori, Lily Meier, Erinn Gardner and BloombergJuly 14, 2026
‘Close to as good as it gets’: Jamie Dimon just offered another warning on bubbly markets as Wall Street had a monster quarter
Banking
‘Close to as good as it gets’: Jamie Dimon just offered another warning on bubbly markets as Wall Street had a monster quarter
By Mia OsmonbekovJuly 14, 2026
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The first major housing law since the 1990s skips the one fix that economists say renters need
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Data centers boost jobs 4% in cities and rural economies barely feel a dent, study shows
By Daniel Yue, Yiyang Zeng and The ConversationJuly 14, 2026
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Commentary
Trust in the FDA is collapsing. It’s time to get really transparent about our food and our drugs
By Jeffrey Sonnenfeld, Megan Ranney, Sten Vermund, Patricia Greenstein and Steven TianJuly 14, 2026
The AI boom drove China’s 27% export jump in June as AI and the Iran war reshape global trade
Asia
The AI boom drove China’s 27% export jump in June as AI and the Iran war reshape global trade
By The Associated Press and Chan Ho-HimJuly 14, 2026
‘Those who condemn AI are themselves spitting upward’: SoftBank’s CEO estimates $5 trillion needed annually to meet AI demand
AI
‘Those who condemn AI are themselves spitting upward’: SoftBank’s CEO estimates $5 trillion needed annually to meet AI demand
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