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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.
Trump speeds review of psychedelics after Joe Rogan texted him about ibogaine. ‘Sounds great. Do you want FDA approval? Let’s do it’
Trump speeds review of psychedelics after Joe Rogan texted him about ibogaine. ‘Sounds great. Do you want FDA approval? Let’s do it’

The administration is taking steps to ease restrictions and spur research on using the drugs for medical purposes, including conditions like severe depression.

By Matthew Perrone, Seung Min Kim and The Associated PressApril 18, 2026
The jet-fuel surge is making global flight connections disappear
The jet-fuel surge is making global flight connections disappear
By Danny Lee, Kate Duffy, Sri Taylor and BloombergApril 18, 2026
Putin finally admits Russia’s economy is in trouble and grasps for answers, after warnings about a financial crisis have been piling up
Putin finally admits Russia’s economy is in trouble and grasps for answers, after warnings about a financial crisis have been piling up
By Jason MaApril 18, 2026
Iran’s Hormuz whiplash highlights divide within regime as U.S. blockade tightens. ‘The fight between different factions has started’
Iran’s Hormuz whiplash highlights divide within regime as U.S. blockade tightens. ‘The fight between different factions has started’
By Jason MaApril 18, 2026
U.S. extends waiver on Russian oil sanctions to ease Iran war shortages, just days after Treasury Secretary Scott Bessent ruled it out
U.S. extends waiver on Russian oil sanctions to ease Iran war shortages, just days after Treasury Secretary Scott Bessent ruled it out
By The Associated PressApril 18, 2026
The U.S. is ready to seize Iran-linked ships with boarding parties, report says, while Marines practice maritime raids
The U.S. is ready to seize Iran-linked ships with boarding parties, report says, while Marines practice maritime raids
By Jason MaApril 18, 2026
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Economy
More in Economy
air canada
Air Canada suspends all summer flights to New York’s JFK airport on Iran-surging fuel price

“As jet fuel prices have doubled since the start of the Iran conflict and some lower profitability routes and flights are no longer economic.”

By The Associated PressApril 18, 2026
America’s busiest airport told to cut 300 flights per day from summer schedule

In its draft order, the FAA said both American and United announced expansion plans at O’Hare that could lead to significant delays this summer.

By Jessica Hill and The Associated PressApril 18, 2026
Tariffs alone won’t save American manufacturing — here’s what actually will

It’s good to champion manufacturing. But steel tariffs raise input costs, the workforce pipeline is broken and supply chains can’t be reshored overnight.

By Johan "Kip" EidebergApril 18, 2026
Iran closes Strait again, says it will be shut until Trump lifts blockade

President Trump said that the blockade “will remain in full force” until Tehran reaches a deal with the U.S., including on its nuclear program.

By Samy Magdy, Sam Metz and The Associated PressApril 18, 2026
More in Economy
Banking
More in Banking
The $6 billion Vatican Bank was beset by scandals, disastrous investments—and ties to the Mafia. How Pope Francis tried to fix it
The $6 billion Vatican Bank was beset by scandals, disastrous investments—and ties to the Mafia. How Pope Francis tried to fix it

The Vatican Bank has been plagued for years by financial scandals.

By Marco Quiroz-GutierrezApril 18, 2026
Former Alabama football player wore wigs and makeup to impersonate NFL players in $20 million fraud, prosecutors say

The complaint does not say exactly how the wigs and do-rag helped Luther Davis assume three different identities and get, at one point, a $4 million loan.

By Sudhin Thanawala and The Associated PressApril 18, 2026
Tether extends $127.5 million in funding to crypto platform Drift as critics blast rival Circle for failing to freeze hacked funds

The move brought Tether goodwill among users of the Solana blockchain.

By Jack KubinecApril 17, 2026
From drought to demand: Biotech IPOs roar back with Kailera and Alamar

Strong demand for GLP-1 drugs and next-gen diagnostic testing is pulling investors back into life sciences, even as AI soaks up most venture dollars.

By Lily Mae LazarusApril 18, 2026
More in Banking
Personal Finance
More in Personal Finance
The ultra-wealthy have a new favorite status symbol: From a $14.5 million guitar to an $812,500 bottle of wine, rare collectibles are on a tear
The ultra-wealthy have a new favorite status symbol: From a $14.5 million guitar to an $812,500 bottle of wine, rare collectibles are on a tear

Traditional luxury is losing its luster; unique and rare items offer a new way to flex.

By Phil WahbaApril 18, 2026
Current price of gold as of April 17, 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 BakstApril 17, 2026
Current price of Ethereum for April 17, 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 HostetlerApril 17, 2026
Top CD rates from major banks on April 17, 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 HostetlerApril 17, 2026
More in Personal Finance
Investing
More in Investing
benioff
AI’s next act: how Salesforce is turning efficiency gains into revenue

Salesforce used AI agents to cut $100 million in support costs and handle 3 million customer conversations. Now it’s deploying that tech for other things.

By Keith Ferrazzi and Wendy SmithApril 18, 2026
Oil is back to early war days, S&P 500 jumps to all-time high

The Dow Jones Industrial Average surged as many as 1,100 points before paring its gain to 868, or 1.8%. The Nasdaq composite climbed 1.5%.

By Stan Choe and The Associated PressApril 17, 2026
The 3 forces quietly dismantling the business model that made enterprise software fabulously profitable

Roundtables with senior business leaders in San Francisco and New York revealed a consensus: AI isn’t just threatening SaaS, but the entire industry.

By Michael Jacobides and Stefano PuntoniApril 17, 2026
Current price of Bitcoin for April 17, 2026

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

By Joseph HostetlerApril 17, 2026
More in Investing
Real Estate
More in Real Estate
Steve Jobs
Zillow’s CEO says his friends were shocked when he quit a cushy Microsoft job—but Steve Jobs led to his success at the $10.5 billion real estate firm

Zillow CEO Jeremy Wacksman left his cushy Microsoft job in 2009 to join the struggling real estate startup during the housing crisis. His friends had concerns—but he turned it around, thanks in part to Steve Jobs.

By Emma BurleighApril 18, 2026
Trump’s big housing market solution is dead on arrival, UBS says—its model is Texas from 25 years ago

“There isn’t a magic wand that will all of a sudden return housing affordability to its historic average tomorrow,” ResiClub’s Lance Lambert told Fortune.

By Nick LichtenbergApril 18, 2026
Current refi mortgage rates report for April 17, 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 FlanaganApril 17, 2026
Older millennials are starting to act like boomers in the housing market—and pulling away from the pack

The generation once shut out of homeownership is now using equity to trade up, leaving younger buyers further behind.

By Nick LichtenbergApril 17, 2026
More in Real Estate
Energy
More in Energy
iran
Trump on idea of Iran tolling the Strait of Hormuz: ‘Nope. No way. No. Nope.’

“No, they’re not going to be tolls.”

By The Associated PressApril 18, 2026
Trump has already endorsed the Monroe Doctrine. Now he needs to endorse the Truman Doctrine

The president has a fondness for associating himself with “doctrines” of highly regarded predecessors. He should pay attention to one from more history.

By Robert HormatsApril 18, 2026
Trump says Iran to suspend nuclear program, won’t get funds

“Most of the main points are finalized. It’ll go pretty quickly,” Trump said.

By Kate Sullivan and BloombergApril 17, 2026
Iran and White House say the Strait of Hormuz is ‘completely open.’ But it definitely isn’t—at least for now

Iran remains unwilling to give up its control over the Strait of Hormuz for now.

By Jordan BlumApril 17, 2026
More in Energy
Crypto
More in Crypto
Exclusive: Senator presses DOJ and Treasury over status of Binance monitors after $1.7 billion in Iran-linked crypto flows
Exclusive: Senator presses DOJ and Treasury over status of Binance monitors after $1.7 billion in Iran-linked crypto flows

As part of its 2023 plea deal, the world’s largest crypto exchange agreed to have two separate firms oversee its operations for three years.

By Ben WeissApril 17, 2026
Meet Joe McCann: the high-flying crypto trader held in Tanzania after sudden death of his influencer fiancée Ashly Robinson

Robinson’s family has labeled the death suspicious, and comes after a series of troubles at McCann’s crypto fund.

By Jack KubinecApril 16, 2026
Goldman Sachs makes surprise jump into Bitcoin ETFs with a product one analyst dubs ‘boomer candy’

The filing from a major U.S. bank comes shortly after Morgan Stanley’s Bitcoin ETF launched.

By Jack KubinecApril 14, 2026
From wool sneakers to GPUs: Allbirds’ desperate AI pivot and 600% stock surge, explained

Allbirds is now NewBird AI. Wall Street doesn’t care that it knows nothing about AI.

By Phil WahbaApril 15, 2026
More in Crypto
Latest Stories
A bizarre insurance scam was exposed as ‘clearly a human in a bear suit’ damaging luxury cars
LawA bizarre insurance scam was exposed as ‘clearly a human in a bear suit’ damaging luxury cars
By The Associated PressApril 18, 2026
The record-setting U.S. drought is so bad that 97% of the Southeast and two-thirds of the West are parched
North AmericaThe record-setting U.S. drought is so bad that 97% of the Southeast and two-thirds of the West are parched
By Seth Borenstein and The Associated PressApril 18, 2026
MacKenzie Scott
SuccessMacKenzie Scott has donated more than $26 billion—but it’s barely made a dent in her net worth because of the power of Amazon shares
By Sydney LakeApril 18, 2026
brown
AIMeet the AI founders using agents to build instantly profitable 3-person companies
By Nick LichtenbergApril 18, 2026
George W. Bush in the White House press briefing room with Dana Perino
SuccessDana Perino was terrified to leave the White House — until George W. Bush changed how she thinks about her career
By Preston ForeApril 18, 2026
nj
North AmericaNJ Transit scrambles to defend $150 tickets for 9-mile World Cup ride: ‘This isn’t price gouging’
By Philip Marcelo and The Associated PressApril 18, 2026
trump
LawTrump lawyers confirm talks with Scott Bessent’s IRS to resolve $10 billion lawsuit over leaked tax returns
By Fatima Hussein and The Associated PressApril 18, 2026
foreman
Arts & EntertainmentGeorge Foreman buried in Sioux City; family says he always remembered his only visit there nearly 40 years ago
By The Associated PressApril 18, 2026
More FinancePage 28 of 100
Putin is the real winner in Trump’s Iran war as it puts Russian oil back on the map
Middle EastPutin is the real winner in Trump’s Iran war as it puts Russian oil back on the map
By Marco Quiroz-GutierrezMarch 23, 2026
  • Top CD rates on March 23, 2026: Lock in up to up to 4.20%
    Personal FinanceTop CD rates on March 23, 2026: Lock in up to up to 4.20%
    By Glen Luke FlanaganMarch 23, 2026
Bitcoin climbs as Trump grants five days for Iran negotiations
CryptoBitcoin climbs as Trump grants five days for Iran negotiations
By Emily Nicolle, Melos Ambaye and BloombergMarch 23, 2026
Iran issues its largest-ever currency denomination as accelerating inflation ravages a financial sector deemed a ‘Ponzi scheme’ even before the war
BankingIran issues its largest-ever currency denomination as accelerating inflation ravages a financial sector deemed a ‘Ponzi scheme’ even before the war
By Jason MaMarch 23, 2026
Toilet paper on empty supermarket shelves, lockdown panic buying
EconomyThe great toilet paper panic is back as Japan starts stockpiling
By Eva RoytburgMarch 23, 2026
trump
C-SuiteI’ve known Trump for 25 Years and advised 5 presidents. Here’s the playbook he’s been running—and why underestimating him is a mistake
By Jeffrey Sonnenfeld and Steven TianMarch 23, 2026
Chevron’s CEO says oil prices are still too low—and the effects of the Strait of Hormuz closure are not ‘fully priced in’
EnergyChevron’s CEO says oil prices are still too low—and the effects of the Strait of Hormuz closure are not ‘fully priced in’
By Jordan BlumMarch 23, 2026
  • The top high-yield savings rates: Up to 5.00% on March 23, 2026
    Personal FinanceThe top high-yield savings rates: Up to 5.00% on March 23, 2026
    By Glen Luke FlanaganMarch 23, 2026
man on stage at conference
CryptoStrategy purchases another $76 million worth of Bitcoin, all through sales of common stock
By Carlos GarciaMarch 23, 2026
Warren Buffett with Creighton basketball temporary tattoos on his face
C-SuiteKalshi takes a page from Warren Buffett’s March Madness playbook by offering $1 billion for a perfect bracket
By Jacqueline MunisMarch 23, 2026
fatih birol
EnergyThe Iran oil crisis is the worst energy shock ever recorded. World leaders aren’t ready, says IEA chief
By Jake AngeloMarch 23, 2026
CEO of BlackRock Larry Fink speaks during a panel at the BlackRock Infrastructure Summit on March 11, 2026 in Washington, DC.
EconomyLarry Fink says today’s economic anxiety stems from people increasingly feeling like capitalism isn’t working for them
By Eleanor PringleMarch 23, 2026
trump
CommentaryThe Treasury just declared the U.S. insolvent. The media missed it
By Steve H. Hanke and David M. WalkerMarch 23, 2026
  • Mortgage rates, March 23, 2026
    Personal FinanceMortgage rates, March 23, 2026
    By Glen Luke FlanaganMarch 23, 2026
‘Capital is a coward’: A whole new world of elevated risk will stay embedded in global markets, keeping prices higher everywhere 
Economy‘Capital is a coward’: A whole new world of elevated risk will stay embedded in global markets, keeping prices higher everywhere 
By Jason MaMarch 23, 2026
Exclusive: The CEOs of Kalshi and Polymarket are arch rivals—but are investing in the same $35 million prediction market VC fund
CryptoExclusive: The CEOs of Kalshi and Polymarket are arch rivals—but are investing in the same $35 million prediction market VC fund
By Ben WeissMarch 23, 2026
aerial shot of a port with cargo containers
EconomyAfter 25 years of negotiations, the EU finally signs the EU-Mercosur deal, the biggest trade deal in history linking 700 million people
By The Associated Press and Sam McNeilMarch 23, 2026
oil
EconomyTrump’s ‘largest tax refund season of all time’ is getting totally swallowed up by higher gas prices
By Christopher Rugaber and The Associated PressMarch 23, 2026
birol
EnergyIran War poses ‘major, major threat’ to global economy, energy chief says
By Charlotte Graham-McLay and The Associated PressMarch 23, 2026
view of NYC from Newark airport
LawNewark airport shuts down after a burning smell forces an air traffic control tower evacuation
By The Associated PressMarch 23, 2026
Top CD rates from major banks March 23, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
BankingTop CD rates from major banks on March 23, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Danny BakstMarch 23, 2026
plane crash
LawTwo people dead after an Air Canada jet struck a firetruck on the LaGuardia Airport runway
By The Associated Press, Jake Offenhartz and Jennifer PeltzMarch 23, 2026
Current price of gold as of March 23, 2026
Personal FinanceCurrent price of gold as of March 23, 2026
By Danny BakstMarch 23, 2026
Current price of Ethereum for March 23, 2026
Personal FinanceCurrent price of Ethereum for March 23, 2026
By Joseph HostetlerMarch 23, 2026
Current price of Bitcoin for March 23, 2026
Personal FinanceCurrent price of Bitcoin for March 23, 2026
By Joseph HostetlerMarch 23, 2026
Current price of oil as of March 23, 2026
Personal FinanceCurrent price of oil as of March 23, 2026
By Joseph HostetlerMarch 23, 2026
Price of silver for March 23, 2026
Personal FinanceCurrent price of silver as of Monday, March 23, 2026
By Joseph HostetlerMarch 23, 2026
It took 200 years for national debt to hit $1 trillion. Annual interest alone now exceeds that—a ‘crushing legacy we must reverse,’ says budget chair
EconomyIt took 200 years for national debt to hit $1 trillion. Annual interest alone now exceeds that—a ‘crushing legacy we must reverse,’ says budget chair
By Eleanor PringleMarch 23, 2026
Will Wilson smiles
NewslettersStartup Antithesis turns years of real-world chaos into hours of simulated mayhem—and key trading firms and crypto networks are paying close attention
By Lily Mae LazarusMarch 23, 2026
What a cringe photo shoot really tells about the state of the crypto industry
NewslettersWhat a cringe photo shoot really tells about the state of the crypto industry
By Jeff John RobertsMarch 23, 2026
Markets in meltdown after Trump threatens major escalation in the war against Iran
EnergyMarkets in meltdown after Trump threatens major escalation in the war against Iran
By Jim EdwardsMarch 23, 2026
The Adobe logo is being displayed on a smartphone in this photo illustration.
NewslettersAdobe’s CFO is using AI to answer 300,000 emails, cut contract review in half — and make sure finance never slows the company down
By Sheryl EstradaMarch 23, 2026
The Iran war cripples Asia’s supplies of fertilizer and helium, threatening farms and chipmakers alike
AsiaThe Iran war cripples Asia’s supplies of fertilizer and helium, threatening farms and chipmakers alike
By Angelica AngMarch 23, 2026
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'We should absolutely be concerned about non-college-educated men today': higher rents, living at home, falling out of the labor marketplaceholder alt text
By Catherina GioinoApril 18, 2026
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Older millennials are starting to act like boomers in the housing market—and pulling away from the packplaceholder alt text
By Nick LichtenbergApril 17, 2026
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The power has swung back to employers—and workers are paying for it in benefits, flexibility, and leverageplaceholder alt text
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