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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.
gavin
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
ss
‘Soccernomics’ co-author: FIFA’s ticket strategy isn’t price discovery, it’s a wealth filter
By Stefan Szymanski and The ConversationJune 12, 2026
fla
Florida’s insurance exodus is triggering a 2008-style chain reaction — with one critical difference
By The ConversationJune 12, 2026
owen
The economist who said ‘no bubble’ just sounded the alarm: ‘The season of chaos is at hand’
By Nick LichtenbergJune 12, 2026
reagan
Social Security’s 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983
By John W. Diamond and The ConversationJune 12, 2026
gill
World Bank warns the 2020s are becoming a ‘lost decade’ for the global economy — ‘barring a miracle’
By Nick LichtenbergJune 12, 2026
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Economy
More in Economy
mortgage
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
Roche and Nestlé fear talent crunch as Switzerland puts population cap to the polls

The proposed 10 million person limit could ruin Switzerland’s reputation as a business hub and risks harming one of Europe’s strongest economies, business leaders warn.

By Sam ForsdickJune 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
Current price of oil as of June 12, 2026

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

By Joseph HostetlerJune 12, 2026
More in Economy
Banking
More in Banking
Top CD rates from major banks June 12, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
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
Visa thinks it’s a great idea for AI agents to shop and pay for things without human approval

Jack Forestell said the quiet part out loud. A thousand small purchases from now, your AI agent asks: “Do you want me to just not check?”

By Barbara Ortutay, Ken Sweet and The Associated PressJune 11, 2026
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
More in Banking
Personal Finance
More in Personal Finance
Current price of Bitcoin for June 12, 2026
Current price of Bitcoin for June 12, 2026

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

By Joseph HostetlerJune 12, 2026
Current price of Ethereum for June 12, 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 HostetlerJune 12, 2026
Current price of silver as of Friday, June 12, 2026

Silver is a (comparatively) safe and reliable asset that can help you to preserve the value of your money during times of inflation.

By Joseph HostetlerJune 12, 2026
Current price of gold as of June 12, 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 BakstJune 12, 2026
More in Personal Finance
Investing
More in Investing
Live updates from SpaceX IPO debut: SpaceX valuation now at over $2 trillion as stock climbs to $175 a share
Live updates from SpaceX IPO debut: SpaceX valuation now at over $2 trillion as stock climbs to $175 a share

After 24 years of anticipation, the SpaceX IPO finally debuted at just over $150 a share and is now hovering at around $165 a share.

By Catherina GioinoJune 12, 2026
SpaceX’s IPO could be largest in history. Here’s how it compares to previous record-holders

The hotly anticipated IPO is set to be the largest in stock market history, and is more than 7.5 times Alibaba’s IPO, in second place.

By Mia OsmonbekovJune 12, 2026
Bank of America told investors to ‘take profits.’ Then the Nasdaq fell 7%

Days before the worst chip rout since 2020, BofA warned that seven warning lights were flashing.

By Eva RoytburgJune 11, 2026
SpaceX lowballed its bankers on fees. Goldman Sachs has another way to win big

The real money comes after the opening bell.

By Shawn TullyJune 11, 2026
More in Investing
Real Estate
More in Real Estate
Mortgage rates today, June 12, 2026
Mortgage rates today, June 12, 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 FlanaganJune 12, 2026
Current refi mortgage rates report for June 12, 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 FlanaganJune 12, 2026
Mortgage rates, June 11, 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 FlanaganJune 11, 2026
Current ARM mortgage rates report for June 12, 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 FlanaganJune 12, 2026
More in Real Estate
Energy
More in Energy
Inflation is roaring back globally, 2022 style. The Iran war is only half the problem
Inflation is roaring back globally, 2022 style. The Iran war is only half the problem

Europe, China and the U.S. are straining to meet the demands of the AI boom

By Eva RoytburgJune 11, 2026
Current price of oil as of June 11, 2026

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

By Joseph HostetlerJune 11, 2026
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

As the Strait of Hormuz remains closed for the fourth month, “one development stands out: prices have become remarkably calm,” JPMorgan analysts said.

By Sasha RogelbergJune 10, 2026
‘I love the inflation’: Trump is ‘not concerned’ about inflation hitting 4% for the first time since 2023. ‘The numbers were great’

The president told reporters that the inflation number is only reacting to the war in Iran, and it will adjust once the ceasefire becomes permanent.

By The Associated Press and Christopher RugaberJune 10, 2026
More in Energy
Crypto
More in Crypto
Exclusive: Consumer device giant LG Electronics to launch blockchain to place and sell ads
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
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
Meet the Fortune Crypto Innovators

These 30 companies and projects are pushing the digital assets ecosystem forward.

By FortuneJune 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
More in Crypto
Latest Stories
Elon Musk stands behind the Nasdaq opening bell and in front of a "SpaceX" background.
Future of WorkDespite his new trillionaire status, Elon Musk says money ‘will stop being relevant’ in the future because of AI
By Sasha RogelbergJune 12, 2026
arms
HealthYou probably think you’re a really open-minded person, but the real thing raises your death anxiety
By Daryl Van Tongeren and The ConversationJune 12, 2026
AI was supposed to cut health care costs. One of its first jobs was charging you more, PwC report shows
AIAI was supposed to cut health care costs. One of its first jobs was charging you more, PwC report shows
By Whizy Kim and Tech BrewJune 12, 2026
paul
AIMachine learning gives the U.S. a 1% chance of winning the World Cup final in its own backyard
By Achim Zeileis and The ConversationJune 12, 2026
DoorDash wants you to stop scrolling and just tell its new AI chatbot what you’re hungry for
RetailDoorDash wants you to stop scrolling and just tell its new AI chatbot what you’re hungry for
By Dave Lozo and Morning BrewJune 12, 2026
Man in a blue shirt gesturing
AIAOL cofounder Steve Case on AI— major upside, real risk, and ‘probably a net negative’ for jobs
By Amanda GerutJune 12, 2026
Astronaut costumes, teenage crypto millionaires, and a $300 million bet: Scenes from the SpaceX IPO
AIAstronaut costumes, teenage crypto millionaires, and a $300 million bet: Scenes from the SpaceX IPO
By Eva RoytburgJune 12, 2026
On the day of a historic IPO, SpaceX’s president is already hinting at a Tesla merger: ‘That might make Elon Musk’s life a little easier’
C-SuiteOn the day of a historic IPO, SpaceX’s president is already hinting at a Tesla merger: ‘That might make Elon Musk’s life a little easier’
By Marco Quiroz-GutierrezJune 12, 2026
More FinancePage 29 of 100
Stablecoin disruptors want to vanquish Visa but face a tough task ahead
NewslettersStablecoin disruptors want to vanquish Visa but face a tough task ahead
By Jeff John RobertsMay 11, 2026
  • Trump Media posts $405 million loss driven by crypto holdings
    CryptoTrump Media posts $405 million loss driven by crypto holdings
    By Yash Roy and BloombergMay 9, 2026
U.S. Treasury Secretary Scott Bessent adjusts his glasses during a meeting with U.S. President Donald Trump and President of Argentina Javier Milei in the Cabinet Room at the White House on October 14, 2025 in Washington.
EconomyU.S. Treasury pays $3 billion a day in interest on national debt nearing $39 trillion mark
By Eleanor PringleMay 11, 2026
‘As long as the Strait of Hormuz stays closed, markets remain on a knife-edge,’ Deutsche Bank warns
Politics‘As long as the Strait of Hormuz stays closed, markets remain on a knife-edge,’ Deutsche Bank warns
By Jim EdwardsMay 11, 2026
Top CD rates on May 11, 2026: Lock in up to up to 4.20%
Personal FinanceTop CD rates on May 11, 2026: Lock in up to up to 4.20%
By Glen Luke FlanaganMay 11, 2026
The top high-yield savings rates: Up to 5.00% on May 11, 2026
Personal FinanceThe top high-yield savings rates: Up to 5.00% on May 11, 2026
By Glen Luke FlanaganMay 11, 2026
This upstart stablecoin bank just won a rare OCC charter and raised $40 million. Its CEO is only 25
BankingThis upstart stablecoin bank just won a rare OCC charter and raised $40 million. Its CEO is only 25
By Jeff John RobertsMay 11, 2026
  • The federal government must issue more debt than it expected as cash flow weakens, and ‘the bond market is shouting’
    InvestingThe federal government must issue more debt than it expected as cash flow weakens, and ‘the bond market is shouting’
    By Jason MaMay 9, 2026
Sharon Shmueli, left, and Tal Shlomo, right, sit and smile
NewslettersExclusive: Index Ventures backs Frame’s $50 million bet that employees are still cybersecurity’s weakest link
By Lily Mae LazarusMay 11, 2026
Current refi mortgage rates report for May 11, 2026
Personal FinanceCurrent refi mortgage rates report for May 11, 2026
By Glen Luke FlanaganMay 11, 2026
Current ARM mortgage rates report for May 11, 2026
Personal FinanceCurrent ARM mortgage rates report for May 11, 2026
By Glen Luke FlanaganMay 11, 2026
Mortgage rates, May 11, 2026
Personal FinanceMortgage rates, May 11, 2026
By Glen Luke FlanaganMay 11, 2026
voters in line
EconomyForget the Rust Belt or the Sun Belt. The ‘Wired Belt’ may be the next frontier of American political power
By Jake AngeloMay 11, 2026
  • Russian debt defaults are surging, with a quarter of the bond market at risk, while Putin hides in bunkers fixated on his war instead of the economy
    EconomyRussian debt defaults are surging, with a quarter of the bond market at risk, while Putin hides in bunkers fixated on his war instead of the economy
    By Jason MaMay 9, 2026
Markets sell off as U.S.-Iran ceasefire plans go nowhere, leaving Trump with military options to reopen the Strait of Hormuz
EnergyMarkets sell off as U.S.-Iran ceasefire plans go nowhere, leaving Trump with military options to reopen the Strait of Hormuz
By Jason MaMay 10, 2026
Mah Sing sees natural ‘spillovers’ from Malaysia’s strong growth, as the conglomerate bets on premium residences and data centers
Real EstateMah Sing sees natural ‘spillovers’ from Malaysia’s strong growth, as the conglomerate bets on premium residences and data centers
By Angelica AngMay 10, 2026
The Strait of Hormuz crisis shows energy security is now a boardroom issue
CommentaryThe Strait of Hormuz crisis shows energy security is now a boardroom issue
By Victor NianMay 10, 2026
Trump quickly blasts Iran’s response to U.S. ceasefire proposal as ‘totally unacceptable’ after warning Tehran ‘will be laughing no longer’
PoliticsTrump quickly blasts Iran’s response to U.S. ceasefire proposal as ‘totally unacceptable’ after warning Tehran ‘will be laughing no longer’
By Jon Gambrell, Samy Magdy and The Associated PressMay 10, 2026
Market guru Yardeni sees S&P 500 hitting 8,250 this year, highest among top Wall Street forecasters, as earnings bolster ‘Roaring 2020s’
InvestingMarket guru Yardeni sees S&P 500 hitting 8,250 this year, highest among top Wall Street forecasters, as earnings bolster ‘Roaring 2020s’
By Jason MaMay 10, 2026
World’s largest oil company reports 25% profit jump as exports via Saudi Arabia’s East-West Pipeline bypass Strait of Hormuz closure
EnergyWorld’s largest oil company reports 25% profit jump as exports via Saudi Arabia’s East-West Pipeline bypass Strait of Hormuz closure
By The Associated PressMay 10, 2026
The global economy is experiencing the largest capex cycle ever, with nearly $5 trillion seen by the end of the decade—and it’s not all AI spending
EnergyThe global economy is experiencing the largest capex cycle ever, with nearly $5 trillion seen by the end of the decade—and it’s not all AI spending
By Jason MaMay 10, 2026
Frontier swoops in after Spirit fails while rivals cut capacity
North AmericaFrontier swoops in after Spirit fails while rivals cut capacity
By Siddharth Philip, Vivien Ngo, Allyson Versprille and BloombergMay 10, 2026
AI wins have Alphabet poised to become world’s biggest company
AIAI wins have Alphabet poised to become world’s biggest company
By Ryan Vlastelica and BloombergMay 10, 2026
Qatar sends first LNG shipment through Hormuz since war started
EnergyQatar sends first LNG shipment through Hormuz since war started
By Stephen Stapczynski, Weilun Soon and BloombergMay 10, 2026
China may not offer breakthroughs when Trump meets Xi because Beijing is ‘working backward from our midterm elections’
AsiaChina may not offer breakthroughs when Trump meets Xi because Beijing is ‘working backward from our midterm elections’
By Will Weissert and The Associated PressMay 10, 2026
Elon Musk stares
Economy‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt
By Jacqueline MunisMay 10, 2026
Blackstone CEO Stephen Schwarzman
SuccessBlackstone CEO admits his first big investment loss nearly brought him to tears—but the lesson put him on a path to now being worth $47 billion
By Emma BurleighMay 10, 2026
Gas prices at more than $6 a gallon are displayed at a Mobil station on May 04, 2026 in Los Angeles, California.
Economy‘Americans are literally getting squeezed’: A top economist on why your wages are disappearing while the rich keep booking vacations
By Eva RoytburgMay 10, 2026
Fortune Archives: Ted Turner’s reckless, brilliant bets
LawFortune Archives: Ted Turner’s reckless, brilliant bets
By Indrani SenMay 10, 2026
Torsten Slok, wearing a suit, speaks on a stage with a gold and black background.
AI‘The gains will be substantial’: The AI shock is looking a lot like the China shock, and a top economist says that’s actually good news
By Sasha RogelbergMay 10, 2026
trump
CommentaryTrump thinks he’s flying to Beijing with leverage. China spent 6 years making sure he doesn’t have any
By Steve H. HankeMay 10, 2026
UK moves warship to Middle East for potential Hormuz mission
PoliticsUK moves warship to Middle East for potential Hormuz mission
By Ellen Milligan and BloombergMay 9, 2026
Iran war is draining world’s oil buffer at an unprecedented pace
EnergyIran war is draining world’s oil buffer at an unprecedented pace
By Grant Smith, Yongchang Chin and BloombergMay 9, 2026
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Environment
Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it backplaceholder alt text
By Catherina GioinoJune 9, 2026
Investing
When SpaceX starts trading, some 'shareholders' will discover they own nothing at allplaceholder alt text
By Jim EdwardsJune 12, 2026
Energy
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longerplaceholder alt text
By Sasha RogelbergJune 10, 2026
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