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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.
Photo of Bessent at a table with Trump’s cabinet
Scott Bessent is using moves from his hedge fund days to prop up Japan’s yen—and America’s $40 trillion national debt

The man who once shorted currencies is now propping them up. “He takes risks that other Treasury secretaries over the past two generations wouldn’t.”

By Mia OsmonbekovAugust 4, 2026
Best certificates of deposit (CDs) for August 2026
Best certificates of deposit (CDs) for August 2026
By Glen Luke FlanaganAugust 4, 2026
bessent
Bessent’s Yen gamble is a warning sign — buckle up
By Steve H. Hanke and Roger KopplAugust 4, 2026
Federal Reserve Chair Kevin Warsh speaks during a news conference at Federal Reserve Headquarters on July 29, 2026 in Washington, DC.
Kevin Warsh told Wall Street he’d be sharing less—Goldman Sachs fears a void of Fed facts will only amplify misinformation and instability
By Eleanor PringleAugust 4, 2026
What’s a good rate on a private student loan?
What’s a good rate on a private student loan?
By Joseph HostetlerAugust 4, 2026
President Donald Trump looks on during an announcement.
‘This is insider trading by definition’: Trump sells $100,000 monthly subscription service to Wall Street to further monetize the presidency
By Joshua HongAugust 4, 2026
Fortune banner
Economy
More in Economy
jobs
Why a measly 100,000 job openings is normal for the Trump economy

June openings fell to 7.36 million, but immigration curbs and retirements may have pushed the break-even hiring rate close to zero.

By Paul Wiseman and The Associated PressAugust 4, 2026
JPMorgan Chase, Accenture and others are teaming up on a new venture to standardize how AI token use is measured

J.R. Storment, executive director of the Tokenomics Foundation, explains what finance chiefs should ask their tech counterparts before setting a budget for AI tokens.

By Sheryl EstradaAugust 4, 2026
McDonald’s U.S. sales growth stalls to 0.8% as gas prices bite

A year after its Minecraft meal drove a 2.5% sales jump, McDonald’s names a new U.S. chief amid a cautious-consumer slowdown,

By Michelle Chapman and The Associated PressAugust 4, 2026
Trump called his own housing bill a ‘yawn.’ Now he’s heading for a west coast tour with a 32% approval rating on the economy

As Trump tours LA and Las Vegas to sell tax cuts, Newsom fires back over the $7.25 federal minimum wage.

By Darlene Superville and The Associated PressAugust 4, 2026
More in Economy
Banking
More in Banking
t
Capital One had 300 Trump accounts — then its money-laundering team stepped in

Bank filing says a months-long AML (anti-money-laundering) review, not politics, ended Trump’s accounts.

By Ken Sweet and The Associated PressAugust 4, 2026
A forgotten Swedish economist’s 130-year-old theory explains why investors won’t quit funding America’s near-$40 trillion pile of debt

“To oversimplify: You could argue that U.S. deficits are, in effect, being increasingly funded by its tech sector.”

By Eleanor PringleAugust 4, 2026
Top CD rates from major banks on August 4, 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 HostetlerAugust 4, 2026
Today’s top high-yield savings rates: Up to 4.50% on Aug. 4, 2026

Some high-yield savings accounts are still offering rates around 5%. Check out our ranking of the highest savings account rates available today.

By Glen Luke FlanaganAugust 4, 2026
More in Banking
Personal Finance
More in Personal Finance
Current price of gold as of August 4, 2026
Current price of gold as of August 4, 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 BakstAugust 4, 2026
Top CD rates today, Aug. 4, 2026: Lock in up to up to 4.50%

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

By Glen Luke FlanaganAugust 4, 2026
Current price of Ethereum for August 4, 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 HostetlerAugust 4, 2026
Current price of Bitcoin for August 4, 2026

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

By Joseph HostetlerAugust 4, 2026
More in Personal Finance
Investing
More in Investing
Dinari cofounders Chas Rampenthal, Gabriel Otte, and Brandon Ooi stand side by side smiling at the camera.
Exclusive: Dinari, founded by Stripe and Apple alums, partners with Circle to offer tokenized stocks to U.S. investors

The launch features 724 tokenized equities, including the entire S&P 500, marking the largest catalog of digital shares currently available.

By Camila Grigera NaónAugust 4, 2026
Global shares rally, oil rebounds as Iran war de-escalation, yen intervention worries ease

European and Asian indexes rose Tuesday and oil rebounded as investors weighed the U.S.-Japan yen intervention and Trump’s Iran strike delay.

By The Associated Press and Yuri KageyamaAugust 4, 2026
HappyRobot is worth $1.2 billion. Its founder says it’s just ‘getting started’

The AI agent startup just raised $150 million after growing revenue more than 5x and landing customers that have expanded contracts by as much as 10x.

By Lily Mae LazarusAugust 4, 2026
Toyota sold fewer cars but nearly doubled profit on cheap yen

A weak yen added $2.2 billion to Toyota’s quarterly profit even as vehicle sales dipped; full-year profit is still forecast to fall.

By Yuri Kageyama and The Associated PressAugust 4, 2026
More in Investing
Real Estate
More in Real Estate
Current ARM mortgage rates report for Aug. 4, 2026
Current ARM mortgage rates report for Aug. 4, 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 FlanaganAugust 4, 2026
Current refi mortgage rates report for Aug. 4, 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 FlanaganAugust 4, 2026
Today’s home equity loan and HELOC rates, August 4, 2026

By staying on top of home equity loan and HELOC interest rates, you’ll recognize when it’s a good time to apply for these comparatively cheap borrowing options.

By Joseph HostetlerAugust 4, 2026
Mortgage rates today, Aug. 4, 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 FlanaganAugust 4, 2026
More in Real Estate
Energy
More in Energy
The remains of the German tugboat wreckage marked as UJ-106 in the Danube River.
Danube River’s shrinking water levels expose dozens of World War II ships

Amidst record-low water levels that have caused governments across Europe to plan for electricity shortages, German ships sunk in the war are resurfacing.

By The Associated Press and Marko DrobnjakovicAugust 4, 2026
Could a UN-backed plan to reopen Hormuz break the deadlock? 

In this week’s Fortune Gulf Brief.

By Melissa HancockAugust 4, 2026
As confusion reigns over Hormuz talks, Fortune gets exclusive access to a UN-backed plan to reopen the strait 

The Strait of Hormuz is the key battleground in the U.S.-Iran war, with vital ship traffic all but halted in recent months. There is a project to break the impasse.

By Melissa HancockAugust 4, 2026
Current price of oil as of August 4, 2026

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

By Joseph HostetlerAugust 4, 2026
More in Energy
Crypto
More in Crypto
Cloudflare just launched a permanent ID tool and wallet for AI shopping
Cloudflare just launched a permanent ID tool and wallet for AI shopping

The new service makes it easier for consumers to equip AI agents with tools that let them spend and identity themselves to merchants’ agents.

By Jeff John RobertsAugust 4, 2026
OpenAI’s Greg Brockman gave $5.5 million to protect the home of an internet-famous bald eagle named Jackie

As the internet-famous eagle fought for her life in intensive care, the Brockmans’ donation closed a $10 million fundraiser with days to spare.

By Sydney LakeAugust 4, 2026
Bitcoin owners rocked by $116 million hack: What we know about the Coldcard exploit

The hack, which has drained 1,816 Bitcoin across 5,200 addresses, is devastating because it affected hyper-secure cold storage wallets.

By Camila Grigera NaónAugust 3, 2026
Kalshi CEO clashes with disgraced former Congressman George Santos in latest prediction market controversy

Santos was ordered to pay $35,000 after the CFTC found he had manipulated Kalshi contracts tied to his State of the Union attendance.

By Camila Grigera NaónAugust 3, 2026
More in Crypto
Latest stories from Fortune
Firefighters work to extinguish a wildfire.
Environment
Europe’s long, hot summer leads to thousands evacuated and fire operators dead
By The Associated Press, Derek Gatopoulos and Sylvie CorbetAugust 4, 2026
Trump meets AI giants, Senate Dems decry ‘unpredictable’ governance — and cheap Chinese AI looms as giant security risk
AI
Trump meets AI giants, Senate Dems decry ‘unpredictable’ governance — and cheap Chinese AI looms as giant security risk
By Catherina GioinoAugust 4, 2026
Man in black in front of a blue background.
Big Tech
SpaceX revenue surges to $7.8 billion, blowing past Wall Street expectations by nearly $1 billion
By Amanda GerutAugust 4, 2026
New York Attorney General Letitia James looks to her right at a news conference.
Law
20 states and DC sue as Trump moves to share low-income families’ data with immigration authorities
By The Associated Press and Anthony IzaguirreAugust 4, 2026
US President Donald Trump speaks about the conflict in Iran in the James S. Brady Press Briefing Room of the White House.
Asia
Trump claims he’s talking with Iran as they hold talks with other nations
By The Associated Press, Samy Magdy, Elena Becatoros and Josh BoakAugust 4, 2026
OpenAI president Greg Brockman: We ‘contort’ ourselves around computers, clicking and typing is a ‘phase’
Newsletters
OpenAI president Greg Brockman: We ‘contort’ ourselves around computers, clicking and typing is a ‘phase’
By Emily ForliniAugust 4, 2026
McDonald’s CEO turns to a trusted lieutenant with a turnaround record to revive its biggest market
C-Suite
McDonald’s CEO turns to a trusted lieutenant with a turnaround record to revive its biggest market
By Phil WahbaAugust 4, 2026
Sam Altman and Tim Cook.
Big Tech
OpenAI fires back at Apple, publishing private emails to counter trade-secret claims
By Beatrice NolanAugust 4, 2026
More FinancePage 12 of 100
Thijn Lamers is Co-Founder and President, Noah.
Commentary
Europe does not need more ambition. It needs to stop hiding it
By Thijn LamersJuly 23, 2026
  • t
    AI
    Billionaire Mike Bloomberg warns Trump’s AI ownership plan would make ‘George Orwell blush’
    By Eva RoytburgJuly 21, 2026
Lamine Yamal of the Spanish National Team poses with the FIFA World Cup trophy following Spain's victory in the World Cup Final.
Personal Finance
Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”
By Joshua HongJuly 23, 2026
‘It’s called StreetEasy, not StreetHard’: Mamdani cracks down on scourge of ‘housefishing’ and ‘real estate slop’
Real Estate
‘It’s called StreetEasy, not StreetHard’: Mamdani cracks down on scourge of ‘housefishing’ and ‘real estate slop’
By Tatiana SatauaJuly 22, 2026
As Washington panics about Chinese AI, Jensen Huang says open-source models like Kimi are ‘excellent’ and should be embraced, not banned
AI
As Washington panics about Chinese AI, Jensen Huang says open-source models like Kimi are ‘excellent’ and should be embraced, not banned
By Marco Quiroz-GutierrezJuly 22, 2026
Man holding his hands open
Investing
A new group of stocks is transforming global equities markets. Meet ‘Memi,’ the $3 trillion sector fueled by AI’s insatiable hunger for memory chips
By Amanda GerutJuly 22, 2026
Scott Bessent speaks inside the Oval Office.
Economy
Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
By Sasha RogelbergJuly 22, 2026
  • Defense Secretary Pete Hegseth sits and speaks at a Senate Committee Hearing
    Politics
    ‘Without these funds, we face critical shortfalls’: Hegseth on additional defense spending following $37.5B Iran War price tag
    By The Associated Press and Lisa MascaroJuly 21, 2026
Canadian Prime Minister Mark Carney speaks to US President Donald Trump in front of a window.
Economy
Carney and Trump agree to speed up trade negotiations a day after Trump puts a 50% tariff on Canadian goods
By The Associated Press and Jim MorrisJuly 22, 2026
Trump Accounts draw 6.5 million sign-ups, but some families are still waiting on the promised $1,000 funding
Investing
Trump Accounts draw 6.5 million sign-ups, but some families are still waiting on the promised $1,000 funding
By The Associated Press and Moriah BalingitJuly 22, 2026
Trump
Politics
Trump approves Saudi nuclear deal that could allow uranium enrichment as U.S. wages war to end Tehran’s program
By The Associated Press, Aamer Madhani, Michelle L. Price and Jon GambrellJuly 22, 2026
An Ebola healthcare worker is assisted putting on protective equipment in a treatment center.
Health
Nearly 1,000 people dead from Ebola outbreak in Congo amid health worker strike
By The Associated Press, Prosper Heri Ngorora and Constant Same BagalwaJuly 22, 2026
buffett
Success
‘The man who dies rich dies disgraced’: The last time America had such wealth inequality, Andrew Carnegie knew he had to give it all away
By Nick LichtenbergJuly 22, 2026
  • A ski worker in winter skiing gear strikes a pose in front of a ski slope in Lesotho.
    Travel & Leisure
    In Lesotho, the country’s only fully operational ski resort offers snowy slopes for Africa’s ski enthusiasts
    By The Associated Press and Mogomotsi MagomeJuly 21, 2026
gen z
Real Estate
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
By Nick LichtenbergJuly 22, 2026
Larry Page and Sergey Brin
Success
Larry Page and Sergey Brin splash $225 million in Miami property as billionaires flee California’s tax—and Google is expanding its office there too
By Emma BurleighJuly 22, 2026
t
Personal Finance
Trump said Australia’s system ‘worked out very well’ with $200,000 saved by 67 — so why didn’t he apply that model to Trump Accounts?
By Kris Iyer and The ConversationJuly 22, 2026
Current price of gold as of July 22, 2026
Personal Finance
Current price of gold as of July 22, 2026
By Danny BakstJuly 22, 2026
t
Commentary
Trump’s third tariff tantrum piles more dizzying distractions on top of ever-spiraling failures
By Jeffrey Sonnenfeld and Steven TianJuly 22, 2026
orson
Commentary
We got California to intervene about OpenAI’s corporate switch from nonprofit status. It’s time for the SEC to come to the table
By Orson Aguilar and Catherine BracyJuly 22, 2026
A woman observes stock trends on her smartphone while a computer screen displays financial graphs.
Newsletters
Beyond SpaceX: Why great IPOs depend on more than first-day demand
By Sheryl EstradaJuly 22, 2026
Top CD rates from major banks July 22, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on July 22, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJuly 22, 2026
Current price of Ethereum for July 22, 2026
Personal Finance
Current price of Ethereum for July 22, 2026
By Joseph HostetlerJuly 22, 2026
Current price of Bitcoin for July 22, 2026
Personal Finance
Current price of Bitcoin for July 22, 2026
By Joseph HostetlerJuly 22, 2026
Current price of oil as of July 22, 2026
Personal Finance
Current price of oil as of July 22, 2026
By Joseph HostetlerJuly 22, 2026
Top CD rates, July 22, 2026: Lock in up to up to 4.45%
Personal Finance
Top CD rates, July 22, 2026: Lock in up to up to 4.45%
By Glen Luke FlanaganJuly 22, 2026
The top high-yield savings rates: Up to 4.50% on July 22, 2026
Personal Finance
The top high-yield savings rates: Up to 4.50% on July 22, 2026
By Glen Luke FlanaganJuly 22, 2026
Current price of silver as of Wednesday, July 22, 2026
Personal Finance
Current price of silver as of Wednesday, July 22, 2026
By Joseph HostetlerJuly 22, 2026
Doug Proctor (left) and Nick Perry (right)
Startups & Venture
Candid Health raises $120 million to take on America’s $280 billion medical billing mess
By Lily Mae LazarusJuly 22, 2026
Current ARM mortgage rates report for July 22, 2026
Personal Finance
Current ARM mortgage rates report for July 22, 2026
By Glen Luke FlanaganJuly 22, 2026
Current refi mortgage rates report for July 22, 2026
Personal Finance
Current refi mortgage rates report for July 22, 2026
By Glen Luke FlanaganJuly 22, 2026
Mortgage rates, July 22, 2026
Personal Finance
Mortgage rates, July 22, 2026
By Glen Luke FlanaganJuly 22, 2026
After SpaceX’s $2 trillion debut, investors are eyeing Anthropic and OpenAI. Market experts share how to play the next trillion-dollar IPO
Magazine
After SpaceX’s $2 trillion debut, investors are eyeing Anthropic and OpenAI. Market experts share how to play the next trillion-dollar IPO
By Amanda GerutJuly 22, 2026
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Personal Finance
How Zohran Mamdani's pied-à-terre tax exposed an epidemic of 'ghost cars' insteadplaceholder alt text
By Catherina GioinoAugust 4, 2026
North America
Bars, bowling alleys, and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our healthplaceholder alt text
By Catherina GioinoAugust 2, 2026
Investing
Wall Street bulls are starting to admit the earnings bubble is real—and the 60/40 portfolio may be the first casualtyplaceholder alt text
By Nick LichtenbergAugust 3, 2026
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