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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.
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

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
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
croatia
War in Iran has Croatia’s tourist hotspot wondering: will Dubrovnik host another 4 million visitors in 2026?
By Darko Bandic 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
trump
America’s paying more at the pump. Trump’s new Air Force One jet donated by Qatar is nearly ready
By Jonathan J. Cooper and The Associated PressMay 2, 2026
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Economy
More in Economy
shoplift
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
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
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
Spirit Airlines is ending operations immediately and going out of business after 34 years, with refunds to come but no customer service

The airline said on its website that all flights have been canceled and customer service is no longer available.

By Aamer Madhani, Rio Yamat and The Associated PressMay 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
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
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
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
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 Bitcoin for May 1, 2026

Bitcoin is the original cryptocurrency and remains the most popular crypto coin on the market.

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 83 of 100
Jake Paul and JD Vance
Startups & VentureJake Paul and his $65 million fortune are gaining influence in Silicon Valley
By Jake AngeloFebruary 14, 2026
  • Top CD rates on Feb. 13, 2026: Lock in up to up to 4.15%
    Personal FinanceTop CD rates on Feb. 13, 2026: Lock in up to up to 4.15%
    By Glen Luke FlanaganFebruary 13, 2026
The Epstein files reveal an alarming truth about corporate America
C-SuiteThe Epstein files reveal an alarming truth about corporate America
By Claire ZillmanFebruary 14, 2026
A Caterpillar 773G off-road dump truck parked outside Finning, a leading Canadian dealer of Caterpillar industrial equipment, in Edmonton, Alberta, Canada
C-SuiteHow 100‑year‑old Caterpillar went from making construction equipment to becoming an AI market darling
By Sheryl EstradaFebruary 14, 2026
Forgent Power Solutions is building its "e-houses" to contain its electrical equipment at its expanded Minnesota manufacturing hub.
EnergyForgent’s IPO is ‘bringing sexy back’ to the electrical equipment helping power the AI boom, CEO says
By Jordan BlumFebruary 14, 2026
Bank of America lifts Moynihan’s pay 17% to $41 million for 2025
BankingBank of America lifts Moynihan’s pay 17% to $41 million for 2025
By Katherine Doherty and BloombergFebruary 13, 2026
SpaceX said to weigh dual-class IPO shares to empower Musk
Startups & VentureSpaceX said to weigh dual-class IPO shares to empower Musk
By Ryan Gould, Edward Ludlow and BloombergFebruary 13, 2026
  • julio
    CommentaryWhy choosing not to hire was the solution for my startup — we raised over $100 million and tripled revenue with the same people
    By Julio MartínezFebruary 13, 2026
broker
AIMarc Andreessen made a dire software prediction 15 years ago. Now it’s happening in a way nobody imagined
By Nick LichtenbergFebruary 13, 2026
How to build a CD ladder: Lock in high APY without losing complete access to your money 
Personal FinanceHow to build a CD ladder: Lock in high APY without losing complete access to your money 
By Joseph HostetlerFebruary 13, 2026
Donald Trump shrugs as he stands behind the podium in the White House briefing room.
North America90% of Trump’s tariffs are paid for by American consumers and companies, New York Fed says
By Sasha RogelbergFebruary 13, 2026
Exclusive:  The Walton family–funded PE firm that owns Rapha Cycling Club presses pause on all new investments
FeaturesExclusive:  The Walton family–funded PE firm that owns Rapha Cycling Club presses pause on all new investments
By Jessica MathewsFebruary 13, 2026
Top analyst warns the economy is figuring out how to grow without creating new jobs, leaving a major vulnerability
EconomyTop analyst warns the economy is figuring out how to grow without creating new jobs, leaving a major vulnerability
By Jason MaFebruary 13, 2026
  • Sam Altman’s fusion startup Helion Energy hits 150 million degree plasma temperature—a milestone that could bring first grid power in 2028
    EnergySam Altman’s fusion startup Helion Energy hits 150 million degree plasma temperature—a milestone that could bring first grid power in 2028
    By Jordan BlumFebruary 13, 2026
Happy tech workers fist bump
SuccessIBM is tripling the number of Gen Z entry-level jobs after finding the limits of AI adoption
By Preston ForeFebruary 13, 2026
Exclusive: Binance fires top investigators who claim to have uncovered evidence of Iranian sanctions violations
CryptoExclusive: Binance fires top investigators who claim to have uncovered evidence of Iranian sanctions violations
By Leo Schwartz and Ben WeissFebruary 13, 2026
Actress Jennifer Garner
SuccessActress Jennifer Garner just took her $724 million organic food empire public. She started her career making just $150 weekly as a ‘broke’ understudy
By Emma BurleighFebruary 13, 2026
Current price of gold as of February 13, 2026
Personal FinanceCurrent price of gold as of February 13, 2026
By Danny BakstFebruary 13, 2026
Price of platinum February 13, 2026
Personal FinanceCurrent price of platinum as of Friday, February 13, 2026
By Joseph HostetlerFebruary 13, 2026
Price of silver February 13, 2026
Personal FinanceCurrent price of silver as of Friday, February 13, 2026
By Joseph HostetlerFebruary 13, 2026
data center
PoliticsPoliticians scramble on data centers after putting their voters on the hook for Big Tech’s job-killing AI efforts
By Marc Levy and The Associated PressFebruary 13, 2026
markets
EconomyAI displacement trade rocks stocks again as Wall Street searches for next sector to price downward
By Stan Choe and The Associated PressFebruary 13, 2026
ruemmler
LawEpstein ties lead to resignation of Kathy Ruemmler, top Goldman lawyer and former White House counsel for Obama
By Ken Sweet and The Associated PressFebruary 13, 2026
Personal loan APRs on Feb. 13, 2026
Personal FinancePersonal loan APRs on Feb. 13, 2026
By Glen Luke FlanaganFebruary 13, 2026
CFO pipelines are ‘completely empty’ says search firm expert
NewslettersCFO pipelines are ‘completely empty’ says search firm expert
By Sheryl EstradaFebruary 13, 2026
A woman on the street holding a carboard sign reading, "We say NO to the data center"
EnergyMiddle-class Americans are paying for the data center and AI boom with higher electric bills and even food costs, Goldman Sachs warns
By Sasha RogelbergFebruary 13, 2026
Salesforce founder and CEO Marc Benioff on stage, scowling.
NewslettersA scary SaaS selloff changes the calculus for startups and private markets: “code alone was never a real moat”
By Allie GarfinkleFebruary 13, 2026
President Donald Trump speaks to the media wearing a hat that reads, "Trump Was Right About Everything!," during a visit to The People's House: A White House Experience August 22, 2025 in Washington, DC.
PoliticsWe’ve probably already seen ‘peak Trump,’ says Pimco, with the Oval Office now constrained by courts and midterms
By Eleanor PringleFebruary 13, 2026
black cat bad luck
InvestingFriday the 13th brings global selloff in stocks and gold as AI fear grips markets
By Jim EdwardsFebruary 13, 2026
Current ARM mortgage rates report for Feb. 13, 2026
Personal FinanceCurrent ARM mortgage rates report for Feb. 13, 2026
By Glen Luke FlanaganFebruary 13, 2026
Current refi mortgage rates report for Feb. 13, 2026
Personal FinanceCurrent refi mortgage rates report for Feb. 13, 2026
By Glen Luke FlanaganFebruary 13, 2026
Current mortgage rates report for Feb. 13, 2026
Personal FinanceCurrent mortgage rates report for Feb. 13, 2026
By Glen Luke FlanaganFebruary 13, 2026
The top high-yield savings rates: Up to 5.00% on Feb. 13, 2026
Personal FinanceThe top high-yield savings rates: Up to 5.00% on Feb. 13, 2026
By Glen Luke FlanaganFebruary 13, 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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