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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.
U.S. stock futures tumble as Iran refuses Trump’s ‘deal’ and Strait stays shut
U.S. stock futures tumble as Iran refuses Trump’s ‘deal’ and Strait stays shut

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

By Jim EdwardsApril 20, 2026
Top CD rates today, April 20, 2026: Lock in up to up to 4.20%
Top CD rates today, April 20, 2026: Lock in up to up to 4.20%
By Glen Luke FlanaganApril 20, 2026
Today’s top high-yield savings rates: Up to 5.00% on April 20, 2026
Today’s top high-yield savings rates: Up to 5.00% on April 20, 2026
By Glen Luke FlanaganApril 20, 2026
Phillip Swagel, director of the Congressional Budget Office, during a House Appropriations Subcommittee on the Legislative Branch hearing in Washington, DC, US, on Wednesday, March 18, 2026. The committee is holding a budget hearing for the Government Accountability Office and the Congressional Budget Office.
The director of the Congressional Budget Office—known for its gloomy national debt data—is very optimistic that a crisis will be avoided entirely
By Eleanor PringleApril 20, 2026
Mortgage rates today, April 20, 2026
Mortgage rates today, April 20, 2026
By Glen Luke FlanaganApril 20, 2026
Southeast Asia’s short-term solution to the global energy crunch? Russian crude.
Southeast Asia’s short-term solution to the global energy crunch? Russian crude.
By Angelica AngApril 20, 2026
Fortune banner
Economy
More in Economy
Markets shudder as Strait of Hormuz starts resembling a combat zone. ‘We’re prepared to subject you to disabling fire’
Markets shudder as Strait of Hormuz starts resembling a combat zone. ‘We’re prepared to subject you to disabling fire’

Tensions in the Gulf escalated Sunday, when the Navy seized a ship for the first time as part of its blockade, with a destroyer firing at a vessel attempting to evade the dragnet.

By Jason MaApril 19, 2026
UAE in talks with U.S. for possible financial lifeline, WSJ says

UAE Central Bank Governor Khaled Mohamed Balama raised the idea of a currency swap line with Federal Reserve and Treasury officials during meetings in Washington last week.

By Maria Paula Mijares Torres and BloombergApril 19, 2026
The explosion of U.S. debt is wiping out the ‘safety premium’ of Treasury bonds, and time is running out for an orderly fiscal solution, IMF warns

“In other words, Treasuries now offer a higher yield than the synthetic-dollar equivalents for hedged G10 sovereign bonds.”

By Jason MaApril 19, 2026
Canada’s PM says strong U.S. economic ties were a strength but are now a weakness that must be fixed. ‘We have to take care of ourselves’

“The U.S. has changed and we must respond,” he said. “It’s about taking back control of our security, our borders and our future.”

By Jim Morris and The Associated PressApril 19, 2026
More in Economy
Banking
More in Banking
Kalshi’s fight over sports betting is hurtling towards the Supreme Court—and the future of gambling is at stake
Kalshi’s fight over sports betting is hurtling towards the Supreme Court—and the future of gambling is at stake

Kalshi is in a make-or-break fight to preserve a lucrative new prediction-markets industry expected to grow to over $200 billion this year.

By Jeff John RobertsApril 20, 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 revealed that GDP shrank by combined 1.8% in January and February, adding that manufacturing, industrial production and construction were negative.

By Jason MaApril 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
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
More in Banking
Personal Finance
More in Personal Finance
Current refi mortgage rates report for April 20, 2026
Current refi mortgage rates report for April 20, 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 20, 2026
Current ARM mortgage rates report for April 20, 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 FlanaganApril 20, 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
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
More in Personal Finance
Investing
More in Investing
The one metric Warren Buffett says can crash the stock market just hit a dizzying new high
The one metric Warren Buffett says can crash the stock market just hit a dizzying new high

The “Buffett Indicator” has been a closely watched stock market valuation gauge ever since the legendary investor explained his reasoning in a 2001 article in Fortune.

By Shawn TullyApril 19, 2026
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
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
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
More in Investing
Real Estate
More in Real Estate
For wealthy buyers, Mar-a-Lago’s security perimeter is Palm Beach’s hottest amenity
For wealthy buyers, Mar-a-Lago’s security perimeter is Palm Beach’s hottest amenity

An indefinite road closure on Billionaires’ Row was supposed to be a hassle. Agents say it’s become a sales pitch.

By Sydney LakeApril 19, 2026
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
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
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
More in Real Estate
Energy
More in Energy
Trump says Marines have seized an Iranian-flagged cargo ship that tried to evade blockade after Navy blew a ‘hole in the engineroom’
Trump says Marines have seized an Iranian-flagged cargo ship that tried to evade blockade after Navy blew a ‘hole in the engineroom’

Trump on social media said the ship was warned by a U.S. Navy guided missile destroyer in the Gulf of Oman to stop, but it did not.

By Michelle L. Price, Samy Magdy, Sam Metz and The Associated PressApril 19, 2026
The jet-fuel surge is making global flight connections disappear

The International Energy Agency says Europe has “maybe six weeks” of supplies left.

By Danny Lee, Kate Duffy, Sri Taylor and BloombergApril 18, 2026
The U.S. is ready to seize Iran-linked ships with boarding parties, report says, while Marines practice maritime raids

“During training evolutions like these, embarked Marines hone their skills for missions such as maritime interception operations.”

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

The so-called general license means U.S. sanctions will not apply for 30 days on deliveries of Russian oil that has been loaded on tankers as of Friday.

By The Associated PressApril 18, 2026
More in Energy
Crypto
More in Crypto
Tether CEO Paolo Ardoino
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
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
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
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
More in Crypto
Latest Stories
Apple's Siri assistant on a MacBook Pro in San Francisco on Feb. 11, 2026. (Photo: Jason Henry/Bloomberg/Getty Images)
NewslettersWhat to expect at Apple’s WWDC
By Andrew NuscaApril 20, 2026
Cisco’s John Chambers lived through the dot-com crash. He says the AI bubble is harder to navigate
NewslettersCisco’s John Chambers lived through the dot-com crash. He says the AI bubble is harder to navigate
By Diane BradyApril 20, 2026
Coco food delivery robots.
InnovationExclusive: Your delivery robot will now offer the blind real-time, on-the-ground eyes around sidewalk hazards
By Catherina GioinoApril 20, 2026
Starting Monday, businesses can claim refunds for Trump’s unconstitutional tariffs. But it will take 60-90 days to get paid
LawStarting Monday, businesses can claim refunds for Trump’s unconstitutional tariffs. But it will take 60-90 days to get paid
By Mae Anderson and The Associated PressApril 19, 2026
Feds arrest a Los Angeles woman at LAX on suspicion of helping Iran traffic weapons to Sudan
LawFeds arrest a Los Angeles woman at LAX on suspicion of helping Iran traffic weapons to Sudan
By The Associated PressApril 19, 2026
8 children between the ages of 1 and 14 are dead after a Louisiana shooting that was ‘unlike anything most of us have ever seen,’ police say
Politics8 children between the ages of 1 and 14 are dead after a Louisiana shooting that was ‘unlike anything most of us have ever seen,’ police say
By Gerald Herbert, John Seewer and The Associated PressApril 19, 2026
Federal government launches broad probe into mysterious disappearances and deaths of top scientists. ‘We haven’t found anything alarming yet’
PoliticsFederal government launches broad probe into mysterious disappearances and deaths of top scientists. ‘We haven’t found anything alarming yet’
By Jason MaApril 19, 2026
Blue Origin launches New Glenn, suffers issue deploying craft
InnovationBlue Origin launches New Glenn, suffers issue deploying craft
By Sana Pashankar, Edward Ludlow and BloombergApril 19, 2026
More FinancePage 39 of 100
Bessent leads U.S. talks with China ahead of Trump-Xi summit as Iran and trade war loom over ‘big year’ for bilateral ties
EconomyBessent leads U.S. talks with China ahead of Trump-Xi summit as Iran and trade war loom over ‘big year’ for bilateral ties
By The Associated PressMarch 15, 2026
  • The $265 billion private credit meltdown: How Wall Street’s hottest investment craze turned into a panic
    InvestingThe $265 billion private credit meltdown: How Wall Street’s hottest investment craze turned into a panic
    By Shawn TullyMarch 14, 2026
As Iran war knocks Trump back on his political heels, he lashes out at news coverage while taking flak from top MAGA figures
PoliticsAs Iran war knocks Trump back on his political heels, he lashes out at news coverage while taking flak from top MAGA figures
By Will Weissert and The Associated PressMarch 15, 2026
chepovoi
Commentary75% of resumes never reach a human: the new rules of job searching in the AI era
By Alex ChepovoiMarch 15, 2026
Hector Gutierrez with two dogs
SuccessThis 18-year-old college student accidentally emailed thousands of classmates—it turned his pet-sitting business into a valuable side hustle
By Preston ForeMarch 15, 2026
After 93 years and a 25-hour filibuster, Washington finally has an income tax, and billionaires are already packing their bags
PoliticsAfter 93 years and a 25-hour filibuster, Washington finally has an income tax, and billionaires are already packing their bags
By Catherina GioinoMarch 15, 2026
A brick house with a for sale sale in front.
Real EstateBanning institutional investors from buying homes will backfire for many Americans, experts say
By Jacqueline MunisMarch 15, 2026
  • Handout photo taken on March 11, 2026 and released by the Royal Thai Navy shows smoke rising from the Thai bulk carrier 'Mayuree Naree' near the Strait of Hormuz after an attack. A Thai bulk carrier travelling in the crucial Strait of Hormuz was attacked March 11, with 20 crew members rescued so far, the Thai navy said.
    EnergySkyrocketing energy prices and inflation woes mount as the ‘absurd’ reality in Iran sinks in
    By Jordan BlumMarch 14, 2026
Fortune Archives: The toughest guy on Wall Street
NewslettersFortune Archives: The toughest guy on Wall Street
By Nick LichtenbergMarch 15, 2026
Women enjoying the view of the mountains at Zion
EconomyGetting Americans outside added 5 million jobs and $1.3 trillion to the economy in 2024, before staffing and budget cuts came for national parks
By Tristan BoveMarch 15, 2026
1970s car waiting for gas during the gas crisis of the 1970s.
Middle EastSo, what happens during a gas crisis, anyway? Your older relatives have a reason to bring up what could come next
By Catherina GioinoMarch 15, 2026
How Nasdaq CEO Adena Friedman found her ideal job: ‘I realized I liked risk-taking more than risk management’
C-SuiteHow Nasdaq CEO Adena Friedman found her ideal job: ‘I realized I liked risk-taking more than risk management’
By Sheryl EstradaMarch 15, 2026
‘Peak war panic’ will likely hit financial markets in 1-3 weeks, strategist predicts, as Trump says he doesn’t want to make a deal with Iran yet
Energy‘Peak war panic’ will likely hit financial markets in 1-3 weeks, strategist predicts, as Trump says he doesn’t want to make a deal with Iran yet
By Jason MaMarch 14, 2026
  • U.S. hits military targets on Iran’s Kharg Island as war escalates
    PoliticsU.S. hits military targets on Iran’s Kharg Island as war escalates
    By Skylar Woodhouse, Catherine Lucey and BloombergMarch 13, 2026
Energy secretary invokes Defense Production Act to force a Texas oil company to restore operations in California. Newsom condemns move
EnergyEnergy secretary invokes Defense Production Act to force a Texas oil company to restore operations in California. Newsom condemns move
By The Associated PressMarch 14, 2026
Iran openly threatens neighbor’s non-U.S. assets for first time, telling UAE ports to evacuate
PoliticsIran openly threatens neighbor’s non-U.S. assets for first time, telling UAE ports to evacuate
By Jon Gambrell, Sam Mednick, Konstantin Toropin, Samy Magdy and The Associated PressMarch 14, 2026
Trump calls for countries to send warships to reopen Hormuz
EnergyTrump calls for countries to send warships to reopen Hormuz
By Arsalan Shahla and BloombergMarch 14, 2026
Trump’s AI czar calls for U.S. to ‘get out’ of war and warns Iran has a ‘dead man’s switch’ that could render Gulf states almost uninhabitable
Middle EastTrump’s AI czar calls for U.S. to ‘get out’ of war and warns Iran has a ‘dead man’s switch’ that could render Gulf states almost uninhabitable
By Jason MaMarch 14, 2026
Trump seeks to close a $1.6 trillion revenue gap with new tariffs that will be easier for people to challenge
EconomyTrump seeks to close a $1.6 trillion revenue gap with new tariffs that will be easier for people to challenge
By Christopher Rugaber and The Associated PressMarch 14, 2026
Kharg Island is ‘the main node’ of Iran’s economy, and a U.S. takeover would provide leverage in any negotiations, energy expert says
PoliticsKharg Island is ‘the main node’ of Iran’s economy, and a U.S. takeover would provide leverage in any negotiations, energy expert says
By Sam Metz and The Associated PressMarch 14, 2026
Bill Ackman, chief executive officer of Pershing Square Capital
SuccessBillionaire Bill Ackman says he doesn’t like ‘wasting money’—he’ll even drive elsewhere for cheaper garages, despite once owning a parking company
By Emma BurleighMarch 14, 2026
Jet fuel prices are rising as oil spikes on Iran war. Airlines are already announcing fare increases or fuel surcharges
EnergyJet fuel prices are rising as oil spikes on Iran war. Airlines are already announcing fare increases or fuel surcharges
By Rio Yamat and The Associated PressMarch 14, 2026
U.S. lifts sanctions on Russian oil already loaded onto tankers, equal to 5-6 days’ worth of normal shipments through the Strait of Hormuz
EnergyU.S. lifts sanctions on Russian oil already loaded onto tankers, equal to 5-6 days’ worth of normal shipments through the Strait of Hormuz
By David McHugh and The Associated PressMarch 14, 2026
vivek
CommentaryThe U.S. is winning the AI chatbot war — and losing the one that actually matters
By Vivek RanadiveMarch 14, 2026
iran
PoliticsIran stretches war into third week with missile strike on U.S. embassy compound in Baghdad
By Jon Gambrell, Sam Mednick, Konstantin Toropin, Mike Corder and The Associated PressMarch 14, 2026
polman
CommentaryKraft Heinz and the cost of narrow capitalism
By Paul PolmanMarch 14, 2026
Meta’s new AI team has 50 engineers per boss. What could go wrong?
C-SuiteMeta’s new AI team has 50 engineers per boss. What could go wrong?
By Claire ZillmanMarch 14, 2026
Why oil traders are rushing to trade on crypto platform Hyperliquid
CryptoWhy oil traders are rushing to trade on crypto platform Hyperliquid
By Ben WeissMarch 14, 2026
Inside Lululemon’s founder’s war with the board he says is killing his brand
C-SuiteInside Lululemon’s founder’s war with the board he says is killing his brand
By Phil WahbaMarch 14, 2026
dalio
CommentaryRay Dalio: I’ve studied 500 years of history and fear we’re entering the most dangerous phase of the ‘Big Cycle’
By Ray DalioMarch 14, 2026
The ultrawealthy don’t house hunt anymore. They subscribe
Real EstateThe ultrawealthy don’t house hunt anymore. They subscribe
By Sydney LakeMarch 14, 2026
powell
CommentaryYes, companies can stay profitable without raising prices — here’s how
By Jerry HaarMarch 14, 2026
Bill Hoogterp portrait
C-SuiteCEO coach to the Fortune 500: How leaders can use a simple strategy called ‘beat the plan’ to speed decision-making and build trust
By Bill HoogterpMarch 14, 2026
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AI
Thousands of CEOs admit AI had no impact on employment or productivity—and it has economists resurrecting a paradox from 40 years agoplaceholder alt text
By Sasha RogelbergApril 19, 2026
Energy
Markets shudder as Strait of Hormuz starts resembling a combat zone. 'We're prepared to subject you to disabling fire'placeholder alt text
By Jason MaApril 19, 2026
Economy
'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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