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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
Anthropic cofounder and CEO Dario Amodei pictured in profile.
AIAnthropic disables Fable and Mythos AI models after U.S. government bars it from giving foreigners access
By Jeremy KahnJune 13, 2026
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
More FinancePage 46 of 100
Hallucinogenics are illegal under federal law but that isn’t stopping the FDA from fast tracking 3 psychedelic drugs to treat mental health
PoliticsHallucinogenics are illegal under federal law but that isn’t stopping the FDA from fast tracking 3 psychedelic drugs to treat mental health
By Matthew Perrone and The Associated PressApril 24, 2026
  • Photo: Donald Trump.
    EnergyStocks slump globally as Trump says he’s in no rush to end the war—and California is running out of jet fuel
    By Jim EdwardsApril 24, 2026
Trump holds the bill up.
PoliticsOnly one person has been granted Trump’s $1 million ‘gold card’ despite promises it would rake in $1 trillion
By Jesse Bedayn and The Associated PressApril 24, 2026
Asia is turning to coal in the Iran crisis, but nuclear power will be the real endgame
CommentaryAsia is turning to coal in the Iran crisis, but nuclear power will be the real endgame
By Julius Cesar TrajanoApril 24, 2026
smart glasses
AIAI smart glasses are helping visually impaired runners take on the London Marathon
By The Associated Press and Mustakim HasnathApril 24, 2026
scott bessent
EnergyTrump just sanctioned a major Chinese oil refinery over Iranian oil—weeks before he meets Xi Jinping
By The Associated Press and Fatima HusseinApril 24, 2026
Ricky Sandler shuttering Eminence Capital after 27-year run
InvestingRicky Sandler shuttering Eminence Capital after 27-year run
By Hema Parmar, Zeke Faux and BloombergApril 24, 2026
  • robert isom
    InvestingAmerican Airlines CEO calls United merger a ‘nonstarter’: ‘No way to view that as anything but anticompetitive’
    By Jake AngeloApril 24, 2026
Data centers are finding a surprising way to deploy batteries
EnergyData centers are finding a surprising way to deploy batteries
By Mark Chediak, Michelle Ma and BloombergApril 24, 2026
This is a ‘come to Jesus moment’: Ford CEO says American carmakers are battling a perfect storm
C-SuiteThis is a ‘come to Jesus moment’: Ford CEO says American carmakers are battling a perfect storm
By Marco Quiroz-GutierrezApril 24, 2026
Top oil analyst guarantees that the next few months ‘will be an ongoing, absolute disaster’ even if the Strait of Hormuz opens tomorrow
EnergyTop oil analyst guarantees that the next few months ‘will be an ongoing, absolute disaster’ even if the Strait of Hormuz opens tomorrow
By Jason MaApril 24, 2026
European Commission President Ursula von der Leyen
EnergyThe EU is spending an extra $28 billion on energy imports, and answering with demand destruction, tax cuts, and a rapid clean energy shift
By Tristan BoveApril 24, 2026
Pete Hegseth stands behind a podium, pointing with one hand and furrowing his brow.
PoliticsThe U.S. military may have already used up half of its most expensive missiles, and it could take up to 4 years to rebuild its stockpiles
By Sasha RogelbergApril 24, 2026
  • The Valero Refinery in Benicia, Calif., on Wednesday, April 16, 2025. Valero is closing its refinery in Benicia in April 2026. (Photo by Carlos Avila Gonzalez/San Francisco Chronicle via Getty Images)
    EnergyCalifornia’s oil and jet fuel supply is getting slammed by a perfect storm of unfortunate timing—and help is years away
    By Jordan BlumApril 24, 2026
college graduate
SuccessWith entry-level jobs vanishing, Gen Z grads are ditching corporate America—piecing together careers with entrepreneurship, gig work and freelancing
By Jake AngeloApril 24, 2026
Your shareholder letter sounds like ChatGPT wrote it. This is the four-word phrase giving CEOs away
AIYour shareholder letter sounds like ChatGPT wrote it. This is the four-word phrase giving CEOs away
By Molly Liebergall and Morning BrewApril 24, 2026
Americans are buying more used clothes, but the real story is who’s buying what: Luxury resale is booming and so is discount
RetailAmericans are buying more used clothes, but the real story is who’s buying what: Luxury resale is booming and so is discount
By Marco Quiroz-GutierrezApril 24, 2026
WASHINGTON, DC - NOVEMBER 02: (L to R) U.S. President Donald Trump shakes hands with his nominee for the chairman of the Federal Reserve Jerome Powell during a press event in the Rose Garden at the White House, November 2, 2017 in Washington, DC. Current Federal Reserve chair Janet Yellen's term expires in February. (Photo by Drew Angerer/Getty Images)
BankingPirro drops Powell probe, handing Kevin Warsh a lifeline, though U.S. attorney vows to restart probe ‘should the facts warrant doing so’
By Eva RoytburgApril 24, 2026
black cabs
Europe‘This is very transformative for the business’: Lyft’s head of growth on taking a big step into London’s black cab sector
By Nick LichtenbergApril 24, 2026
Current price of gold as of April 24, 2026
Personal FinanceCurrent price of gold as of April 24, 2026
By Danny BakstApril 24, 2026
Top CD rates from major banks April 24, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceTop CD rates from major banks on April 24, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerApril 24, 2026
Current price of Bitcoin for April 24, 2026
Personal FinanceCurrent price of Bitcoin for April 24, 2026
By Joseph HostetlerApril 24, 2026
Current price of Ethereum for April 24, 2026
Personal FinanceCurrent price of Ethereum for April 24, 2026
By Joseph HostetlerApril 24, 2026
Current price of oil as of April 25, 2026
Personal FinanceCurrent price of oil as of April 24, 2026
By Joseph HostetlerApril 24, 2026
Current price of silver as of Friday, April 24, 2026
Personal FinanceCurrent price of silver as of Friday, April 24, 2026
By Joseph HostetlerApril 24, 2026
At Huntington Bancshares, the CFO is also the AI strategist
NewslettersAt Huntington Bancshares, the CFO is also the AI strategist
By Sheryl EstradaApril 24, 2026
betting
LawMeet the 38-year-old special forces officer charged with using classified info about Maduro’s capture to win $400,000 online
By Hallie Golden, Konstantin Toropin, Hannah Schoenbaum and The Associated PressApril 24, 2026
reagan
PoliticsAmerica learned how to guard ships going through the mined Strait of Hormuz in the 1980s during the ‘Tanker War’
By Jon Gambrell and The Associated PressApril 24, 2026
panama
EnergyPanama Canal surge pricing: up to $4 million paid out with Strait of Hormuz still closed
By Alma Solis, Megan Janetsky and The Associated PressApril 24, 2026
Aditi Maliwal speaks while sitting
NewslettersUpfront’s Aditi Maliwal makes 3 bets a year and ignores the hype cycle
By Lily Mae LazarusApril 24, 2026
Gas prices over five dollars a gallon are displayed at an Exxon gas station near the U.S. Capitol Building on March 31, 2026 in Washington, DC.
EconomyGood news: Rumors of a K-shaped economy are overblown so far, says Goldman Sachs. Bad news: 2026 is the year it will really bite
By Eleanor PringleApril 24, 2026
Top CD rates, April 24, 2026: Lock in up to up to 4.20%
Personal FinanceTop CD rates, April 24, 2026: Lock in up to up to 4.20%
By Glen Luke FlanaganApril 24, 2026
The top high-yield savings rates: Up to 5.00% on April 24, 2026
Personal FinanceThe top high-yield savings rates: Up to 5.00% on April 24, 2026
By Glen Luke FlanaganApril 24, 2026
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When SpaceX starts trading, some 'shareholders' will discover they own nothing at allplaceholder alt text
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