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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.
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’

The $1.50 combo hasn’t changed since 1985. In a K-shaped economy where everything costs more, that’s not just a deal—it’s a statement.

By Sydney LakeJuly 4, 2026
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
By Emma BurleighJuly 4, 2026
t
‘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
By Michelle L. Price and The Associated PressJuly 4, 2026
Elon Musk with a black DOGE hat
Even as Elon Musk calls philanthropy ‘very hard,’ every day Americans gave a record $617 billion—despite feeling the squeeze over the cost of living
By Preston ForeJuly 4, 2026
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
By Jordan BlumJuly 4, 2026
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?
By Emma HinchliffeJuly 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
A $75 billion valuation, 75 million global customers and on its way to America—Revolut is London’s disruptor extraordinaire
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
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
Nissan CEO Ivan Espinosa was forced to put together a plan to save the Japanese carmaker in just six weeks: ‘I knew what had to be done’ 

Espinosa faces the challenging task of revitalizing an automaker that’s getting hit on multiple fronts, from fierce Chinese competition to U.S. tariffs.

By Andrew StaplesJuly 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
More in Banking
Personal Finance
More in Personal Finance
Chad Hurley and Steven Chen wearing suits
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
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
Those bots sending discounts to your email is dynamic pricing in action. Get revenge on those bots by abandoning your cart

Retailers are looking at your browsing history to change the price you see in your cart. Maybe you should be doing the same when looking to buy.

By Catherina GioinoJuly 3, 2026
Top CD rates today, July 3, 2026: Lock in up to up to 4.40%

CD rates are currently at their highest compared to recent years, with many yielding over 4% APYs

By Glen Luke FlanaganJuly 3, 2026
More in Personal Finance
Investing
More in Investing
bis
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
Photo: Russian President Vladimir Putin Attends ASEAN-Russia Summit
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
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
The Iran conflict saw jet fuel prices soar—when you use 1.88 million tonnes a year, how you respond really matters (just ask DHL)

As jet fuel prices doubled, DHL Express has diversified supplies, rerouted aircraft, and shifted to sustainable alternatives to keep its 295 planes delivering.

By Sam ForsdickJuly 1, 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
More in Energy
Crypto
More in Crypto
Securitize CEO Carlos Domingo looks to the far right during a conference.
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
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
Why CFOs should pay attention to Open USD—the new stablecoin backed by more than 140 companies

A new stablecoin consortium aims to turn idle settlement cash into yield for banks and fintechs.

By Sheryl EstradaJuly 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
More in Crypto
Latest Stories
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
w
Travel & Leisure
‘I can understand the, um, obesity here’: The World discovers American cuisine at the World Cup
By Dee-Ann Durbin and The Associated PressJuly 4, 2026
dec
North America
A retired insurance executive found a lost Declaration of Independence in Britain’s National Archives
By Danica Kirka and The Associated PressJuly 4, 2026
ring
Politics
Belgium got its tariffs cut. Then it sent Trump a diamond Superman ring
By Sam McNeil and The Associated PressJuly 4, 2026
mp
Arts & Entertainment
FIFA engineered a plan to get the USMNT and their fans singing ‘Country Roads’ — and it worked
By R.J. Rico and The Associated PressJuly 4, 2026
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felecia
Success
MacKenzie Scott rewrote the rules of philanthropy. Who will follow her lead?
By Felecia HatcherApril 7, 2026
  • Current price of Bitcoin for April 6, 2026
    Personal Finance
    Current price of Bitcoin for April 6, 2026
    By Joseph HostetlerApril 6, 2026
Empty storefront street with shop local sign
Economy
Small businesses are ‘doing fine.’ That’s a problem, says the U.S. Chamber of Commerce
By Catherina GioinoApril 7, 2026
Exclusive: Crypto hedge fund Split Capital winds down as its founder nabs new gig as an exec at stablecoin startup Plasma
Crypto
Exclusive: Crypto hedge fund Split Capital winds down as its founder nabs new gig as an exec at stablecoin startup Plasma
By Ben WeissApril 7, 2026
Cybertruck parked in front of the SpaceX office
Newsletters
SpaceX, OpenAI, and Anthropic could reopen the IPO market—or drain it
By Lily Mae LazarusApril 7, 2026
Marvin Ellison
Success
Lowe’s is investing $250 million to train plumbers, carpenters, and electricians as its CEO says skilled trades are ‘critical to the future’
By Preston ForeApril 7, 2026
Peter McCrory, head of economics, Anthropic.
Big Tech
Anthropic economics chief talks about the jobs that could be killed by AI
By Jim EdwardsApril 7, 2026
  • Current price of Ethereum for April 6, 2026
    Personal Finance
    Current price of Ethereum for April 6, 2026
    By Joseph HostetlerApril 6, 2026
Top CD rates on April 7, 2026: Lock in up to up to 4.20%
Personal Finance
Top CD rates on April 7, 2026: Lock in up to up to 4.20%
By Glen Luke FlanaganApril 7, 2026
The top high-yield savings rates: Up to 5.00% on April 7, 2026
Personal Finance
The top high-yield savings rates: Up to 5.00% on April 7, 2026
By Glen Luke FlanaganApril 7, 2026
Current ARM mortgage rates report for April 7, 2026
Personal Finance
Current ARM mortgage rates report for April 7, 2026
By Glen Luke FlanaganApril 7, 2026
Current refi mortgage rates report for April 7, 2026
Personal Finance
Current refi mortgage rates report for April 7, 2026
By Glen Luke FlanaganApril 7, 2026
Mortgage rates, April 7, 2026
Personal Finance
Mortgage rates, April 7, 2026
By Glen Luke FlanaganApril 7, 2026
  • Current price of oil as of April 6, 2026
    Personal Finance
    Current price of oil as of April 6, 2026
    By Joseph HostetlerApril 6, 2026
Anthropic’s research shows that AI can already do a huge portion of many jobs; its top economist talks about how that could shape the future of work
Magazine
Anthropic’s research shows that AI can already do a huge portion of many jobs; its top economist talks about how that could shape the future of work
By Matthew Heimer and Nicolas RappApril 7, 2026
altman
AI
Sam Altman’s big pitch to fix the big AI mess sounds like Jamie Dimon’s: a 4-day workweek and a big new tax on rich people like him
By Jake AngeloApril 6, 2026
robot with drill in arm
AI
‘No one’s raising their hand’: Japan’s labor crisis is making the case for robots taking the jobs you don’t want
By Catherina GioinoApril 6, 2026
US President Donald Trump gestures as he speaks about the conflict in Iran in the James S. Brady Press Briefing Room of the White House on April 6, 2026, in Washington, DC.
Politics
Trump threatens to ‘take out’ all of Iran in one night. From blackout bombs to ‘discombobulators,’ here’s what that could actually mean
By Eva RoytburgApril 6, 2026
worker
Future of Work
Goldman just looked at 40 years of data on the ‘scarring’ effects of technological disruption and finds Gen Z isn’t the most at risk
By Nick LichtenbergApril 6, 2026
Trump is seeking the biggest defense budget surge in 75 years as the Pentagon stays committed to ‘exquisite’ weapons
Politics
Trump is seeking the biggest defense budget surge in 75 years as the Pentagon stays committed to ‘exquisite’ weapons
By Jason MaApril 6, 2026
moon in a spaceship
Law
The Artemis II astronauts have officially gone further from earth than any humans have gone before
By The Associated Press and Marcia DunnApril 6, 2026
Young man working on a laptop drinks coffee in a restaurant
Economy
AI is cutting 16,000 U.S. jobs a month—and Gen Z is taking the brunt, Goldman Sachs says
By Nick LichtenbergApril 6, 2026
Snowball vs. avalanche: Which is the best way to pay off debt?
Personal Finance
Snowball vs. avalanche: Which is the best way to pay off debt?
By Joseph HostetlerApril 6, 2026
Photo of Shayne Coplan
Politics
Polymarket apologizes after letting users bet on downed U.S. pilots in Iran: ‘It should not have been posted’
By Sasha RogelbergApril 6, 2026
US President Donald Trump blows a whistle as children participate in the annual Easter Egg Roll on the South Lawn of the White House on April 6, 2026, in Washington, DC.
Energy
Wall Street knows something about Trump and Iran: Both sides are running out of time
By Eva RoytburgApril 6, 2026
jamie dimon
Economy
‘Skunk at the party’: Jamie Dimon warns of recession risks amid ongoing wars—but also stagflation
By Jake AngeloApril 6, 2026
dimon
Banking
Jamie Dimon defends the U.S. war on Iran—and warns it’s pushing the economy into uncharted territory
By Nick LichtenbergApril 6, 2026
JPMorgan has 300,000 employees, but Jamie Dimon says the bank wins by deploying small teams like Navy SEALs
Workplace Culture
JPMorgan has 300,000 employees, but Jamie Dimon says the bank wins by deploying small teams like Navy SEALs
By Marco Quiroz-GutierrezApril 6, 2026
Massive debt makes the U.S. one of the world’s most vulnerable countries in the energy crisis, market veteran warns
Economy
Massive debt makes the U.S. one of the world’s most vulnerable countries in the energy crisis, market veteran warns
By Jason MaApril 6, 2026
Student with moving boxes, with parents.
Success
Gen Z is rewriting the American Dream, and their parents are funding it—using tuition money for down payments, instead
By Preston ForeApril 6, 2026
trump
Commentary
Millions of Americans paid billions in tariffs later ruled illegal — and they won’t see a dime back
By Robert HormatsApril 6, 2026
Top CD rates from major banks April 6, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on April 6, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerApril 6, 2026
Current price of gold as of April 6, 2026
Personal Finance
Current price of gold as of April 6, 2026
By Danny BakstApril 6, 2026
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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
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Economists have found an answer to slowing cognitive decline: Avoid retiring early, study findsplaceholder alt text
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