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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.
Elon Musk stands behind the Nasdaq opening bell and in front of a "SpaceX" background.
Founders Fund, Andreessen Horowitz, Valor, and the biggest VC winners from SpaceX’s IPO

SpaceX’s IPO will crown a few select VC winners. But it’s only the beginning of Hot IPO Summer.

By Allie GarfinkleJune 12, 2026
Liability Car Insurance Explained: What It Covers and How Much You Need
Liability Car Insurance Explained: What It Covers and How Much You Need
By Joseph HostetlerJune 12, 2026
Secured debt vs. unsecured debt: What’s the difference?
Secured debt vs. unsecured debt: What’s the difference?
By Joseph HostetlerJune 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
U.S. energy secretary says 7 million barrels of oil exiting Persian Gulf daily, but Chevron CEO rebuts the claim
U.S. energy secretary says 7 million barrels of oil exiting Persian Gulf daily, but Chevron CEO rebuts the claim
By Jordan BlumJune 12, 2026
gavin
Newsom called homelessness California’s calling in 2020. His budget still spends less than 0.5% on it
By Benjamin F. Henwood and The ConversationJune 12, 2026
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Economy
More in Economy
reagan
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
World Bank warns the 2020s are becoming a ‘lost decade’ for the global economy — ‘barring a miracle’

Global growth is now projected to slow to just 2.5% in 2026, the weakest pace outside of outright recession in nearly 20 years.

By Nick LichtenbergJune 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
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
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
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
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
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
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 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
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
owen
The economist who said ‘no bubble’ just sounded the alarm: ‘The season of chaos is at hand’

“The chamber of dispersion has been opened,” Owen Lamont says. “The beast of volatility has awakened, and the season of chaos is at hand.”

By Nick LichtenbergJune 12, 2026
Live updates from SpaceX IPO debut: SpaceX valuation at $2.1 trillion as stock closes at $161.11 following record first day of trading

After 24 years of anticipation, the SpaceX IPO finally debuted at just over $150 a share, turning Elon Musk into the world’s first trillionaire.

By Catherina GioinoJune 12, 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
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
More in Investing
Real Estate
More in Real Estate
fla
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
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 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
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
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
Courtney Robinson, head of policy and communications, at Akoya speaks on a panel at Fortune Brainstorm Tech 2026.
RetailAI shopping agents are coming. No one is ready for them
By Jeremy KahnJune 12, 2026
AI can be a ‘secret sauce’ or a way of ‘democratizing mediocrity’—Here’s how business leaders are getting the best of the technology
C-SuiteAI can be a ‘secret sauce’ or a way of ‘democratizing mediocrity’—Here’s how business leaders are getting the best of the technology
By Amanda GerutJune 12, 2026
‘Buy a ticket for 60 bucks and resell it for $6,000’: NYC Mayor Mamdani criticized FIFA’s resale market, but his jersey drop created the same thing
North America‘Buy a ticket for 60 bucks and resell it for $6,000’: NYC Mayor Mamdani criticized FIFA’s resale market, but his jersey drop created the same thing
By Catherina GioinoJune 12, 2026
Sven Gerjets, chief technology officer at Gap, speaks on stage on a panel at Fortune Brainstorm Tech 2026.
Future of WorkWhy companies are treating AI as a strategic partner rather than a passive technology, and how to avoid an ‘AI hangover’
By Sebastian HerreraJune 12, 2026
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
More FinancePage 38 of 100
croatia
Travel & LeisureWar 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
  • Top CD rates from major banks May 1, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
    Personal FinanceTop CD rates from major banks on May 1, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
    By Joseph HostetlerMay 1, 2026
shoplift
EconomyGen Z is rebelling against the economy with ‘disillusionomics,’ tackling near 6-figure debt by turning life into a giant list of income streams
By Jacqueline MunisMay 2, 2026
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
SuccessSuze 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
By Orianna Rosa RoyleMay 2, 2026
Pope Leo XIV encourages wealthy U.S. Catholics to keep donating after Papal Foundation approves most grants in its history
PoliticsPope Leo XIV encourages wealthy U.S. Catholics to keep donating after Papal Foundation approves most grants in its history
By Nicole Winfield and The Associated PressMay 2, 2026
Berkshire’s cash pile hits $397.4 billion as profit more than doubles, but annual meeting attendance falls sharply without Warren Buffett as CEO
InvestingBerkshire’s cash pile hits $397.4 billion as profit more than doubles, but annual meeting attendance falls sharply without Warren Buffett as CEO
By Josh Funk and The Associated PressMay 2, 2026
Spirit Airlines is ending operations immediately and going out of business after 34 years, with refunds to come but no customer service
EconomySpirit Airlines is ending operations immediately and going out of business after 34 years, with refunds to come but no customer service
By Aamer Madhani, Rio Yamat and The Associated PressMay 2, 2026
  • Current price of Ethereum for May 1, 2026
    Personal FinanceCurrent price of Ethereum for May 1, 2026
    By Joseph HostetlerMay 1, 2026
old
CommentaryThe American household just took an 81% margin cut. Wall Street hasn’t priced it in
By Katica RoyMay 2, 2026
dario
CommentaryAnthropic’s most powerful AI model just exposed a crisis in corporate governance. Here’s the framework every CEO needs.
By Jeffrey Sonnenfeld, Stephen Henriques, Dan Kent and Holden LeeMay 2, 2026
A group of people wait by a gap pump with their motorcycles.
EnergyOne economist’s ‘radical idea’ to solve the biggest energy crisis in history: a reverse OPEC
By Sasha RogelbergMay 2, 2026
mackenzie
CommentaryStop donating to Harvard and the Ivy League. There’s a better option that MacKenzie Scott already figured out
By Ed Smith-LewisMay 2, 2026
drinks
CommentaryWe need a new way of thinking about drinking: Time to replace the ‘standard drink’ with advice people can actually use
By Justin KissingerMay 2, 2026
  • Current price of Bitcoin for May 1, 2026
    Personal FinanceCurrent price of Bitcoin for May 1, 2026
    By Joseph HostetlerMay 1, 2026
pakistan
CommentaryAsia is being hammered by the Iran conflict’s economic fallout. The U.S. has the playbook to help—and every reason to
By Wendy Cutler and Jane MellsopMay 2, 2026
Betting on the Kentucky Derby is more popular than ever. So why is it so confusing?
LawBetting on the Kentucky Derby is more popular than ever. So why is it so confusing?
By Catherina GioinoMay 2, 2026
Blackstone’s Steve Schwarzman built a program to teach young leaders about China. It’s harder to get into than Harvard
C-SuiteBlackstone’s Steve Schwarzman built a program to teach young leaders about China. It’s harder to get into than Harvard
By Shawn TullyMay 2, 2026
In this handout photo provided by U.S. Central Command, U.S. forces patrol the Arabian Sea near M/V Touska on April 20, 2026, after firing upon the Iranian-flagged vessel that the U.S. accused of attempting to violate the U.S. naval blockade of Iranian ports near the Strait of Hormuz. (Handout Photo by the U.S. Navy via Getty Images)
PoliticsThe 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
By Jordan BlumMay 2, 2026
Trump says a ‘final proposal’ for a taxpayer-funded takeover of Spirit Airlines is under consideration
PoliticsTrump says a ‘final proposal’ for a taxpayer-funded takeover of Spirit Airlines is under consideration
By Michelle L. Price, Rio Yamat and The Associated PressMay 1, 2026
EBay soars on report that GameStop is preparing a takeover bid
InvestingEBay soars on report that GameStop is preparing a takeover bid
By Spencer Soper, Cecilia D'Anastasio and BloombergMay 1, 2026
ExxonMobil CEO Darren Woods, far right, listens as U.S. President Donald Trump,left, speaks during a meeting with oil company executives in the East Room of the White House on Jan. 9. President Trump is aiming to convince oil executives to support his plans in Venezuela, a country whose energy resources he says he expects to control for years to come. US forces seized Venezuelan president Nicolas Maduro in a sweeping military operation on January 3, with Trump making no secret that control of Venezuela's oil was at the heart of his actions.
EnergyExxon Mobil CEO sees ‘more to come’ on price spikes from Iran war as Exxon, Chevron beat on earnings despite plunging profits
By Jordan BlumMay 1, 2026
trump
PoliticsTrump on Iran: ‘They want to make a deal, I’m not satisfied with it, so we’ll see what happens’
By Toqa Ezzidin, Munir Ahmed, Collin Binkley and The Associated PressMay 1, 2026
infantino
North AmericaFifa’s Infantino predicted sellouts and ‘1,000 years of World Cups at once,’ but fans aren’t biting
By James Robson and The Associated PressMay 1, 2026
cox
C-SuiteBillionaires have a problem money can’t solve: They don’t know how to talk to their kids
By Nick LichtenbergMay 1, 2026
trump
EconomyTrump says he’ll hike EU auto tariffs to 25%, jolting a world economy that really didn’t need it
By Josh Boak and The Associated PressMay 1, 2026
male engineer working under pylon
EnergyUtility CEOs pocket $626 million as American energy bills hit record highs
By Tristan BoveMay 1, 2026
CEOs got an 11% pay raise in 2025. Workers got 0.5%
EconomyCEOs got an 11% pay raise in 2025. Workers got 0.5%
By Marco Quiroz-GutierrezMay 1, 2026
Photo of vegan cheese products
AIA Mark Cuban–backed vegan cheese company trained AI to scrutinize cardboard boxes. It’s saved $400,000
By Jake AngeloMay 1, 2026
Young trade worker learning on job
SuccessForget Big Tech: Small businesses will hire nearly 1 million grads in 2026—and some of the hottest roles are gloriously AI-proof
By Emma BurleighMay 1, 2026
Andrew McAfee
SuccessMIT AI expert warns automating Gen Z entry-level jobs could backfire—and cost companies their future workforce
By Preston ForeMay 1, 2026
francis
CommentaryFormer Miami Mayor Francis Suarez: Why I’m joining Stephen Ross and Ken Griffin in betting big on ambitious business leaders
By Francis SuarezMay 1, 2026
By staying on the Fed’s board, Jerome Powell could be doing incoming Chairman Kevin Warsh a huge favor 
EconomyBy staying on the Fed’s board, Jerome Powell could be doing incoming Chairman Kevin Warsh a huge favor 
By Jason MaMay 1, 2026
bessent
Personal FinanceScott Bessent on financial literacy: ‘it drives me crazy’ to see young men in blue-collar construction jobs playing the lottery
By Fatima Hussein and The Associated PressMay 1, 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
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Current price of oil as of June 12, 2026placeholder alt text
By Joseph HostetlerJune 12, 2026
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