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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.
SpaceX surge further boosts Saudi billionaire prince’s fortune
SpaceX surge further boosts Saudi billionaire prince’s fortune

Prince Alwaleed bin Talal’s investment firm Kingdom Holding Co. surged after SpaceX’s share gains on its first day of trading drove the value of the firm’s holding to almost $7 billion.

By Adveith Nair and BloombergJune 14, 2026
Wall Street is gaining access to new catastrophe models to help predict wars
Wall Street is gaining access to new catastrophe models to help predict wars
By Gautam Naik and BloombergJune 14, 2026
People wait outside a building
AI job disruption is here. The problem may be compounded because nearly 75% of people don’t apply for unemployment benefits
By Jacqueline MunisJune 14, 2026
Early vote tally shows Switzerland rejecting bid to cap population at 10 million, a proposal dubbed the ‘Swiss Brexit’
Early vote tally shows Switzerland rejecting bid to cap population at 10 million, a proposal dubbed the ‘Swiss Brexit’
By Jamey Keaten and The Associated PressJune 14, 2026
Bryan Catanzaro sits in a gray chair in front of a blue and green background.
‘The cost of compute is far beyond the costs of the employee’: Nvidia executive says right now AI is more expensive than paying human workers
By Sasha RogelbergJune 14, 2026
Photo of young woman with a photo of a pizza
Gen Z grad landed an internship by wearing her university baseball cap to her pizza joint job. Now she works at Cisco
By Orianna Rosa RoyleJune 14, 2026
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Economy
More in Economy
mid
The Sun Belt boom is over. Midwest real-estate investors say ‘I told you so’

While capital chased Sun Belt momentum, secondary markets have been delivering something rarer: steady, reliable returns.

By Ivan BarrattJune 14, 2026
Boomers actually do hold most of the wealth and power. So why do they call it ‘whiny’ to point that out?

My inbox called Millennials whiny. The Federal Reserve, a field of social scientists and Aristotle disagree.

By Nick LichtenbergJune 14, 2026
Middle-aged adults taking GLP-1s for obesity can save over $192K on lifetime medical costs, higher if they don’t have college degrees, new study finds

The National Bureau of Economic Research paper’s lead author hopes putting a dollar value on the benefits of GLP-1s will lead to better access

By Mia OsmonbekovJune 14, 2026
A quartz countertop tariff could double your kitchen renovation cost — and kill 13 jobs for every one it creates

The ITC just ruled that imported quartz is hurting domestic manufacturers. The cure may be worse than the disease.

By Steve SwedbergJune 14, 2026
More in Economy
Banking
More in Banking
Jamie Dimon says remote work breeds ‘rope-a-dope politics’ and stunts young workers’ growth
Jamie Dimon says remote work breeds ‘rope-a-dope politics’ and stunts young workers’ growth

Jamie Dimon said younger workers are not fully engaged if they work remotely, adding they won’t be as well-developed because remote work doesn’t foster learning on the job.

By Marco Quiroz-GutierrezJune 13, 2026
Top CD rates from major banks on June 12, 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 HostetlerJune 12, 2026
Today’s top high-yield savings rates: Up to 5.00% on June 12, 2026

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

By Glen Luke FlanaganJune 12, 2026
When SpaceX starts trading, some ‘shareholders’ will discover they own nothing at all

Everything you need to know before you reach the office this morning.

By Jim EdwardsJune 12, 2026
More in Banking
Personal Finance
More in Personal Finance
A 1% mistake costs $10 billion: Inside the impossible math of managing Elon Musk’s trillionaire SpaceX wealth
A 1% mistake costs $10 billion: Inside the impossible math of managing Elon Musk’s trillionaire SpaceX wealth

SpaceX’s record IPO made Musk a trillionaire—and created a wealth-management challenge no advisor has ever faced.

By Sydney LakeJune 14, 2026
Liability Car Insurance Explained: What It Covers and How Much You Need

Liability car insurance covers your legal fees and medical or repair costs for others if you’re liable for a car accident. It is generally required by law.

By Joseph HostetlerJune 12, 2026
Social Security’s 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983

The new date exposes a hard political math: debt above 100% of GDP, 2.4 million fewer immigrants and a tax bill that already trimmed program revenue.

By John W. Diamond and The ConversationJune 12, 2026
Secured debt vs. unsecured debt: What’s the difference?

If you’re afraid you may slip behind on payments, you’ll feel the contrast between secured and unsecured debt in a big way.

By Joseph HostetlerJune 12, 2026
More in Personal Finance
Investing
More in Investing
Pump pain, Wall Street gain: Iran war sends U.S. oil profits, stocks soaring as the big winners
Pump pain, Wall Street gain: Iran war sends U.S. oil profits, stocks soaring as the big winners

The higher oil price environment may extend well into 2028 as the world refills its depleted energy reserves, analysts warned.

By Jordan BlumJune 14, 2026
The hottest debate on Wall Street right now: Does the flood of mega-IPOs and new shares signal a downturn ahead? That depends

“The reason is that companies tend to issue when equity demand is strong, earnings momentum is healthy and investor risk appetite is elevated.”

By Jason MaJune 13, 2026
I spent 8 years flood-proofing a city. Capital markets are running out of time to take El Niño seriously

Federal forecasters put the odds of a strong El Niño this winter at two in three. The bigger story isn’t the weather.

By Ravi S. BhallaJune 13, 2026
You can ignore AI giants like SpaceX, but your 401(k) won’t

Nasdaq changed its rules to allow some huge companies to join its Nasdaq 100 index after just 15 trading days.

By Stan Choe and The Associated PressJune 13, 2026
More in Investing
Real Estate
More in Real Estate
Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns
Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns

The next wave of the migration story is already underway, and it’s moving the innovation economy into unexpected territory.

By Sydney LakeJune 13, 2026
Newsom called homelessness California’s calling in 2020. His budget still spends less than 0.5% on it

A USC analysis of six years of California budget documents finds the state devoted 0.47% of its $321 billion general fund to homelessness in 2026.

By Benjamin F. Henwood and The ConversationJune 12, 2026
Mortgage rate rises to 6.52% from 6.48%, near yearlong high

Rates have been mostly trending higher since the conflict between the U.S. and Iran began in late February.

By Alex Veiga and The Associated PressJune 12, 2026
Florida’s insurance exodus is triggering a 2008-style chain reaction — with one critical difference

Can’t get home insurance in Florida? Your neighbor’s property value just became your problem too.

By The ConversationJune 12, 2026
More in Real Estate
Energy
More in Energy
Trump says he’ll sign deal with Iran to reopen Hormuz Sunday
Trump says he’ll sign deal with Iran to reopen Hormuz Sunday

Trump also said Iran would not get any money in the deal, which was a key sticking point for Iran during negotiations mediated by Pakistan.

By Arsalan Shahla, Maria Paula Mijares Torres and BloombergJune 13, 2026
A deal to the end the U.S.-Iran war could be finalized within 24 hours. Tehran wants to charge ships crossing Hormuz ‘for services rendered’

Pakistan is preparing for the electronic signing of the agreement, followed immediately by technical-level talks next week.

By The Associated PressJune 13, 2026
Inside the race—and the uranium gap—to rebuild America’s fuel supply chain for a ‘second nuclear age’

A ‘second nuclear age’ looms, but the industry faces a major uranium problem.

By Jordan BlumJune 13, 2026
America just committed $1.2 trillion to fix its infrastructure. We’re still flying blind

A data center secretly drained 29 million gallons from a drought-stricken Georgia county. Digital twins could have caught it in real time.

By Gregg HerrinJune 13, 2026
More in Energy
Crypto
More in Crypto
An Osasuna player passes the ball while under pressure from Getafe rival.
Controversy swirls over Spanish soccer club accused of using novel $600,000 Kalshi wager to bet on its relegation

Club Atlético Osasuna’s insurance firm turned to prediction markets to hedge against getting booted to a lower division.

By Camila Grigera NaonJune 12, 2026
Exclusive: Consumer device giant LG Electronics to launch blockchain to place and sell ads

LG Electronics worked with the crypto protocol Arbitrum to develop its own blockchain.

By Jack Kubinec and Ben WeissJune 11, 2026
Meet the Fortune Crypto 100: A ranking of the very best companies in blockchain

Read about the definitive list of the most important names in crypto, from Coinbase to Franklin Templeton to Hyperliquid.

By Jeff John RobertsJune 11, 2026
T-minus 24 hours: On the eve of SpaceX IPO liftoff some Wall Street analysts say the stock is worth only half of Elon Musk’s price

Everything you need to know before you reach the office this morning.

By Jim EdwardsJune 11, 2026
More in Crypto
Latest Stories
Trump warns Israel and Iran not to ‘blow it’ after new strikes threaten ceasefire deal that he says will bring  peace to Lebanon
Middle EastTrump warns Israel and Iran not to ‘blow it’ after new strikes threaten ceasefire deal that he says will bring peace to Lebanon
By Julia Frankel, Abby Sewell, Munir Ahmed, Samy Magdy and The Associated PressJune 14, 2026
Prices for whey protein ingredients are up as much as 250% on U.S. dairy commodities markets as demand soars
RetailPrices for whey protein ingredients are up as much as 250% on U.S. dairy commodities markets as demand soars
By Dee-Ann Durbin and The Associated PressJune 14, 2026
Photo of Kevin O'Leary
SuccessKevin O’Leary says being liked has nothing to do with success—Steve Jobs taught him: ‘You can’t worry about whose feelings you bruise’
By Emma BurleighJune 14, 2026
Just months after Trump warned states not to regulate AI, Republican and Democratic lawmakers are doing it anyway
PoliticsJust months after Trump warned states not to regulate AI, Republican and Democratic lawmakers are doing it anyway
By Marc Levy and The Associated PressJune 14, 2026
Israel strikes Hezbollah targets in Beirut, potentially complicating efforts to finalize a deal to end the U.S.-Iran war
Middle EastIsrael strikes Hezbollah targets in Beirut, potentially complicating efforts to finalize a deal to end the U.S.-Iran war
By Julia Frankel, Abby Sewell, Munir Ahmed, Samy Magdy and The Associated PressJune 14, 2026
SpaceX went from three consecutive rocket explosions and near-bankruptcy in 2008 to the biggest IPO in history
Startups & VentureSpaceX went from three consecutive rocket explosions and near-bankruptcy in 2008 to the biggest IPO in history
By Marco Quiroz-GutierrezJune 14, 2026
Whop CEO Steven Schwartz
SuccessThe Gen Z cofounder of $1.6 billion Whop says his platform has minted over 650 millionaires—he wants to make work fun and money worries obsolete
By Emma BurleighJune 14, 2026
nexstar
CommentaryNexstar CEO: big tech swallowed local newspapers. Local TV could be next
By Perry A. SookJune 14, 2026
More FinancePage 19 of 100
Elon Musk puts one hand to his chin and he looks up. He is in front of a blue "World Economic Forum" background.
Investing‘SpaceX is his new baby at the expense of Tesla’: Elon Musk’s IPO could be bad news for his EV maker, investors warns
By Sasha RogelbergMay 21, 2026
  • Elon Musk sits with his fists together, looking up.
    CommentarySpaceX will be worth trillions, but the space station that made it possible is worth even more — if we don’t squander it
    By Tejpaul BhatiaMay 20, 2026
reeves
Personal FinanceBritish government’s answer to cost-of-living crisis: discounts on theme park tickets, chocolate bars
By Jill Lawless and The Associated PressMay 21, 2026
trump
AITrump says he’s calling off widely anticipated order to rein in AI
By Collin Binkley, Matt O'Brien and The Associated PressMay 21, 2026
ro khanna
AIRo Khanna blames ‘clueless’ boomers for Gen Z booing AI: They handed over a ‘broken economy’
By Jake AngeloMay 21, 2026
Young worker looking tired in front of a screen
EconomyA Nobel economist figured out 60 years ago that people learn best on the job. The Atlanta Fed says AI is making that almost impossible
By Tristan BoveMay 21, 2026
The Midwest is leading America’s spring housing rebound because of ‘buyers who are actually showing up,’ Realtor.com says
Real EstateThe Midwest is leading America’s spring housing rebound because of ‘buyers who are actually showing up,’ Realtor.com says
By Sydney LakeMay 21, 2026
  • Clinical Psychologist Daniel Wendler
    ConferencesA ‘proudly autistic’ workplace expert says putting neurodivergent employees in a typical office is like dropping a polar bear in Austin, Texas
    By Tristan BoveMay 20, 2026
Intuit CFO on why the company is simplifying its structure
NewslettersIntuit CFO on why the company is simplifying its structure
By Sheryl EstradaMay 21, 2026
Jeff Bezos
SuccessJeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
Current price of Ethereum for May 21, 2026
Personal FinanceCurrent price of Ethereum for May 21, 2026
By Joseph HostetlerMay 21, 2026
Current price of Bitcoin for May 21, 2026
Personal FinanceCurrent price of Bitcoin for May 21, 2026
By Joseph HostetlerMay 21, 2026
Current price of gold as of May 21, 2026
Personal FinanceCurrent price of gold as of May 21, 2026
By Danny BakstMay 21, 2026
  • Hiba Mona Anver, wearing a black and white striped dress, gestures with her hands as she speaks onstage.
    North America80% of companies have an immigrant in a top leadership role—Trump’s visa crackdown is forcing them to make a ‘plan C,’ warns immigration expert
    By Sasha RogelbergMay 20, 2026
Top CD rates from major banks May 21, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceTop CD rates from major banks on May 21, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerMay 21, 2026
Current price of oil as of May 21, 2026
Personal FinanceCurrent price of oil as of May 21, 2026
By Joseph HostetlerMay 21, 2026
Current price of silver as of Thursday, May 21, 2026
Personal FinanceCurrent price of silver as of Thursday, May 21, 2026
By Joseph HostetlerMay 21, 2026
musk
Investing‘We do not want humans to have the same fate as dinosaurs’: SpaceX IPO reads like Hollywood fantasy version of the future
By Bernard Condon and The Associated PressMay 21, 2026
Traders work after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, March 18, 2026.
InvestingWall Street thinks there’s a chance the S&P 500 could push 20% higher by 2027
By Eleanor PringleMay 21, 2026
trump
CommentaryTrump Accounts have a bigger problem than billionaire stock donations
By Jin Huang and Stephen RollMay 21, 2026
brigham
CommentaryThe U.S. freight network is broken by design. One merger could start fixing it
By Brigham A. McCownMay 21, 2026
Top CD rates on May 21, 2026: Lock in up to up to 4.20%
Personal FinanceTop CD rates on May 21, 2026: Lock in up to up to 4.20%
By Glen Luke FlanaganMay 21, 2026
The top high-yield savings rates: Up to 5.00% on May 21, 2026
Personal FinanceThe top high-yield savings rates: Up to 5.00% on May 21, 2026
By Glen Luke FlanaganMay 21, 2026
Europe is considering price caps to control inflation. CEOs are shaking their heads in despair
EconomyEurope is considering price caps to control inflation. CEOs are shaking their heads in despair
By Kamal AhmedMay 21, 2026
Girl doing backflip into the ocean.
Travel & LeisureYour ‘flexible hot girl summer’ is going to cost you
By Catherina GioinoMay 21, 2026
Mortgage rates, May 21, 2026
Personal FinanceMortgage rates, May 21, 2026
By Glen Luke FlanaganMay 21, 2026
Current refi mortgage rates report for May 21, 2026
Personal FinanceCurrent refi mortgage rates report for May 21, 2026
By Glen Luke FlanaganMay 21, 2026
Current ARM mortgage rates report for May 21, 2026
Personal FinanceCurrent ARM mortgage rates report for May 21, 2026
By Glen Luke FlanaganMay 21, 2026
With bond yields surging to 4.7%, T-notes are looking like a better deal than the pricey S&P, says the Research Affiliates’ formula
InvestingWith bond yields surging to 4.7%, T-notes are looking like a better deal than the pricey S&P, says the Research Affiliates’ formula
By Shawn TullyMay 21, 2026
Vice President JD Vance rebuffs question about President Trump’s stock investments, says Trump is so wealthy he doesn’t trade stocks himself
PoliticsVice President JD Vance rebuffs question about President Trump’s stock investments, says Trump is so wealthy he doesn’t trade stocks himself
By Marco Quiroz-GutierrezMay 21, 2026
elon
SuccessSpaceX IPO targets $28.5 trillion total addressable market, mission to ‘make life multiplanetary’ and understand ‘true nature of the universe’
By Nick LichtenbergMay 20, 2026
Jensen Huang, chief executive officer of Nvidia
AINvidia tells skeptical investors that AI is ready to go mainstream
By Ian King and BloombergMay 20, 2026
SpaceX finally files IPO prospectus, reveals revenue is up–but losses are too
Big TechSpaceX finally files IPO prospectus, reveals revenue is up–but losses are too
By Allie Garfinkle and Alexei OreskovicMay 20, 2026
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Real Estate
Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech townsplaceholder alt text
By Sydney LakeJune 13, 2026
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Melinda French Gates' advice to new IPO millionaires: 'Give half your money away'placeholder alt text
By Emma HinchliffeJune 13, 2026
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Trump expects to sign a deal with Iran on Sunday, but Tehran may want to avoid giving him a gift on his birthdayplaceholder alt text
By Jason MaJune 13, 2026
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