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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.
Marc Rowan, chief executive officer of Apollo Global Management
Before becoming CEO of $79 billion Wall Street giant Apollo, Marc Rowan worked at a party store, valet lot, and ‘the best kosher caterer’

Just like other CEOs, Marc Rowan, the cofounder of Apollo Global Management, says “you have to take something away from” ordinary jobs.

By Emma BurleighAugust 5, 2026
Photo of Trump
Trump claims — yet again — that a deal to reopen Hormuz is close
By The Associated Press, Elena Becatoros, Samy Magdy and Darlene SupervilleAugust 5, 2026
h
Honda doubles profit as motorcycles and a weak yen fuel its post‑EV writedown comeback
By Yuri Kageyama and The Associated PressAugust 5, 2026
Scott Bessent, US treasury secretary, during a meeting with US President Donald Trump and Lebanon's President Joseph Aoun, not pictured, in the Oval Office of the White House in Washington, DC, US, on Tuesday, July 21, 2026.
Scott Bessent just declared the K-shaped economy is over, saying he’s ‘sick of hearing about’ it—but the data would beg to disagree
By Eleanor PringleAugust 5, 2026
s
SpaceX races toward Musk’s $1 trillion dream—just as insiders can start selling
By Bernard Condon and The Associated PressAugust 5, 2026
d
Disney boosted by $1 billion at the box office, strong parks performance as international visits slump
By Michelle Chapman and The Associated PressAugust 5, 2026
Fortune banner
Economy
More in Economy
st. louis
$25 billion in data centers shows St. Louis is serious about competing in the AI economy 

While Minneapolis and New York are pumping the brakes, the St. Louis region has decided to compete now in America’s new infrastructure race.

By Ron KitchensAugust 5, 2026
Bill Ackman, unfiltered: The billionaire hedge fund founder’s take on AI, investing, and why socialism is a ‘disaster’

‘I’m in a bit of a unique position where I can say exactly what I think,’ Ackman tells Fortune.

By Fortune EditorsAugust 5, 2026
Billionaires have been flooding the midterms with cash, but one of the GOP’s most reliable megadonors just went silent

Ronald Lauder spent tens of millions backing Republicans over two decades. This cycle he’s given almost nothing.

By Sydney LakeAugust 5, 2026
Trump’s tariffs were supposed to boost American manufacturing, but the new levies are actually pushing some companies back to China

“The story that it is bringing back manufacturing is really not the story,” economist Mary Lovely warned. “Manufacturing is not coming back.”

By Sasha RogelbergAugust 5, 2026
More in Economy
Banking
More in Banking
Today’s top high-yield savings rates: Up to 4.50% on Aug. 5, 2026
Today’s top high-yield savings rates: Up to 4.50% on Aug. 5, 2026

There are still high-yield savings accounts offering APYs around 5%. See which banks have the highest savings account rates available today.

By Glen Luke FlanaganAugust 5, 2026
Top CD rates from major banks on August 5, 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 HostetlerAugust 5, 2026
Bessent’s Yen gamble is a warning sign — buckle up

Fasten your seat belts: Treasury Secretary Scott Bessent has become a Big Player in the yen market. Increased volatility is right around the corner.

By Steve H. Hanke and Roger KopplAugust 4, 2026
Scott Bessent is using moves from his hedge fund days to prop up Japan’s yen—and America’s $40 trillion national debt

The man who once shorted currencies is now propping them up. “He takes risks that other Treasury secretaries over the past two generations wouldn’t.”

By Mia OsmonbekovAugust 4, 2026
More in Banking
Personal Finance
More in Personal Finance
Top CD rates today, Aug. 5, 2026: Lock in up to up to 4.50%
Top CD rates today, Aug. 5, 2026: Lock in up to up to 4.50%

CD rates are currently at their highest compared to recent years, with many yielding over 4% APYs

By Glen Luke FlanaganAugust 5, 2026
Current price of Ethereum for August 5, 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 HostetlerAugust 5, 2026
Current price of oil as of August 5, 2026

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

By Joseph HostetlerAugust 5, 2026
Current price of Bitcoin for August 5, 2026

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

By Joseph HostetlerAugust 5, 2026
More in Personal Finance
Investing
More in Investing
From Pochettino to MLS, the giants of American finance keep making big promises about the future of U.S. soccer
From Pochettino to MLS, the giants of American finance keep making big promises about the future of U.S. soccer

Ken Griffin helps fund Pochettino through 2030, KKR backs MLS’s development league, and the new MLS commissioner is an Apollo veteran.

By Catherina GioinoAugust 4, 2026
Exclusive: Dinari, founded by Stripe and Apple alums, partners with Circle to offer tokenized stocks to U.S. investors

The launch features 724 tokenized equities, including the entire S&P 500, marking the largest catalog of digital shares currently available.

By Camila Grigera NaónAugust 4, 2026
Toyota sold fewer cars but nearly doubled profit on cheap yen

A weak yen added $2.2 billion to Toyota’s quarterly profit even as vehicle sales dipped; full-year profit is still forecast to fall.

By Yuri Kageyama and The Associated PressAugust 4, 2026
Global shares rally, oil rebounds as Iran war de-escalation, yen intervention worries ease

European and Asian indexes rose Tuesday and oil rebounded as investors weighed the U.S.-Japan yen intervention and Trump’s Iran strike delay.

By The Associated Press and Yuri KageyamaAugust 4, 2026
More in Investing
Real Estate
More in Real Estate
Current ARM mortgage rates report for Aug. 5, 2026
Current ARM mortgage rates report for Aug. 5, 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 FlanaganAugust 5, 2026
Current refi mortgage rates report for Aug. 5, 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 FlanaganAugust 5, 2026
Today’s home equity loan and HELOC rates, August 5, 2026

By staying on top of home equity loan and HELOC interest rates, you’ll recognize when it’s a good time to apply for these comparatively cheap borrowing options.

By Joseph HostetlerAugust 5, 2026
Mortgage rates today, Aug. 5, 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 FlanaganAugust 5, 2026
More in Real Estate
Energy
More in Energy
The remains of the German tugboat wreckage marked as UJ-106 in the Danube River.
Danube River’s shrinking water levels expose dozens of World War II ships

Amidst record-low water levels that have caused governments across Europe to plan for electricity shortages, German ships sunk in the war are resurfacing.

By The Associated Press and Marko DrobnjakovicAugust 4, 2026
Could a UN-backed plan to reopen Hormuz break the deadlock? 

In this week’s Fortune Gulf Brief.

By Melissa HancockAugust 4, 2026
As confusion reigns over Hormuz talks, Fortune gets exclusive access to a UN-backed plan to reopen the strait 

The Strait of Hormuz is the key battleground in the U.S.-Iran war, with vital ship traffic all but halted in recent months. There is a project to break the impasse.

By Melissa HancockAugust 4, 2026
Current price of oil as of August 4, 2026

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

By Joseph HostetlerAugust 4, 2026
More in Energy
Crypto
More in Crypto
President Donald Trump looks on during an announcement.
‘This is insider trading by definition’: Trump sells $100,000 monthly subscription service to Wall Street to further monetize the presidency

Wall Street firms will get information milliseconds faster than the general public—and Trump will directly benefit.

By Joshua HongAugust 4, 2026
Cloudflare just launched a permanent ID tool and wallet for AI shopping

The new service makes it easier for consumers to equip AI agents with tools that let them spend and identity themselves to merchants’ agents.

By Jeff John RobertsAugust 4, 2026
Kalshi CEO clashes with disgraced former Congressman George Santos in latest prediction market controversy

Santos was ordered to pay $35,000 after the CFTC found he had manipulated Kalshi contracts tied to his State of the Union attendance.

By Camila Grigera NaónAugust 3, 2026
OpenAI’s Greg Brockman gave $5.5 million to protect the home of an internet-famous bald eagle named Jackie

As the internet-famous eagle fought for her life in intensive care, the Brockmans’ donation closed a $10 million fundraiser with days to spare.

By Sydney LakeAugust 4, 2026
More in Crypto
Latest stories from Fortune
Young businessman checking smartphone in dark wood office
Success
Forget work-life balance: Gen Z say their top priority is actually career growth, with 93% aspiring for the C-suite
By Preston ForeAugust 5, 2026
On SpaceX’s first earnings call, Elon Musk argues his plans aren’t ‘sci-fi’ while No. 2 exec Gwynne Shotwell explains what the company is doing here on Earth
Newsletters
On SpaceX’s first earnings call, Elon Musk argues his plans aren’t ‘sci-fi’ while No. 2 exec Gwynne Shotwell explains what the company is doing here on Earth
By Emma HinchliffeAugust 5, 2026
na
Success
Neil Armstrong’s boyhood home, nearly untouched, goes up for sale with no legal protection
By John Seewer, Patrick Aftoora-Orsagos and The Associated PressAugust 5, 2026
t
Arts & Entertainment
Bands used to ‘break’ on Letterman — now they’re recreating late night on YouTube
By Maria Sherman and The Associated PressAugust 5, 2026
air
Environment
It’s getting too hot to fly: climate‑driven heat waves are forcing airlines to dump passengers and cargo
By Rio Yamat, M.K. Wildeman and The Associated PressAugust 5, 2026
bezos
Environment
Leo DiCaprio teams with Jeff and Lauren Sanchez Bezos on $200 million plan to save 100 endangered species
By The Associated PressAugust 5, 2026
OpenAI logo is seen displayed on a smartphone with code in the background.
C-Suite
What OpenAI’s finance team is becoming in the age of AI
By Sheryl EstradaAugust 5, 2026
Ask your employees one question about AI. The silence will tell you everything
Commentary
Ask your employees one question about AI. The silence will tell you everything
By Will DroverAugust 5, 2026
More FinancePage 52 of 100
James Talarico
Politics
AI is primarily a blue state problem, and Democrats have the most to lose amid brewing voter ‘techlash’
By Tristan BoveJune 4, 2026
  • This NYC bar just covered everyone’s tabs because the Knicks won, and used Kalshi to hedge their bets
    Investing
    This NYC bar just covered everyone’s tabs because the Knicks won, and used Kalshi to hedge their bets
    By Catherina GioinoJune 3, 2026
SpaceX and Anthropic are about to go public—and your 401(k) may be forced to buy in
Investing
SpaceX and Anthropic are about to go public—and your 401(k) may be forced to buy in
By Catherina GioinoJune 4, 2026
What Christie’s $1.45 billion blockbuster art auction tells us about the ‘Great Wealth Transfer’
Investing
What Christie’s $1.45 billion blockbuster art auction tells us about the ‘Great Wealth Transfer’
By Phil WahbaJune 4, 2026
Elon Musk, wearing all black, smiles and looks to the side.
Investing
A dying satellite company sold spectrum to Elon Musk—and turned $11.1 billion in SpaceX stock into the Fortune 500’s best shareholder return
By Sasha RogelbergJune 4, 2026
American Airlines is suspending some summer routes thanks to the cost of jet fuel
Travel & Leisure
American Airlines is suspending some summer routes thanks to the cost of jet fuel
By The Associated Press and Wyatte Grantham-PhilipsJune 4, 2026
US Secretary of Treasury Scott Bessent testifies during a Senate Finance Committee hearing concerning the fiscal year 2027 budget for the Treasury Department, on Capitol Hill in Washington, DC, on June 3, 2026. (Photo by Brendan SMIALOWSKI / AFP via Getty Images)
Economy
10,000 Boomers a day, $39 trillion in debt, and no benefit cuts: Bessent stakes Social Security on the Trump economy
By Nick LichtenbergJune 4, 2026
  • Andy Jassy speaks in front of a black and blue background.
    Finance
    What is a Fortune 500 company? The story behind the list
    By Sasha RogelbergJune 3, 2026
Isolated Gen Z worker in office
Success
Gen Zers are more disconnected and distrustful of coworkers than their older colleagues—and they’re so lonely they’re taking days off work
By Emma BurleighJune 4, 2026
Asia turns to U.S. oil and gas amid Iran war: ‘We get too much into that tree-hugging mode’
Energy
Asia turns to U.S. oil and gas amid Iran war: ‘We get too much into that tree-hugging mode’
By Jordan BlumJune 4, 2026
Europe wants more control over global AI services. America is warning them to take care—and history is on their side
Europe
Europe wants more control over global AI services. America is warning them to take care—and history is on their side
By Kamal AhmedJune 4, 2026
The label from a box of peptides next to 10 vials of an orange substance.
Crypto
I bought peptides with crypto. How my purchase helped fuel a $100 million gray-market, ‘looksmaxxing’ economy
By Ben WeissJune 4, 2026
Top CD rates from major banks June 4, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on June 4, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJune 4, 2026
  • SpaceX may be the biggest IPO ever, but Morningstar says it is overvalued by half and the smart investors will wait out the hype and buy later
    Startups & Venture
    SpaceX may be the biggest IPO ever, but Morningstar says it is overvalued by half and the smart investors will wait out the hype and buy later
    By Marco Quiroz-GutierrezJune 3, 2026
sb
Economy
Scott Bessent says America’s in a ‘manufacturing renaissance,’ so where are the jobs?
By Nick LichtenbergJune 4, 2026
Current price of Ethereum for June 4, 2026
Personal Finance
Current price of Ethereum for June 4, 2026
By Joseph HostetlerJune 4, 2026
Current price of Bitcoin for June 4, 2026
Personal Finance
Current price of Bitcoin for June 4, 2026
By Joseph HostetlerJune 4, 2026
jd
Banking
Jamie Dimon sees ‘gung-ho’ attitude and ‘exuberance’ in markets—just like 1972, 1986, 2000 and 2007. Uh Oh.
By Nick LichtenbergJune 4, 2026
rd
Investing
Ray Dalio warns the stock market is approaching 1929 and 2000 bubble levels—but another crisis is ‘past the point of no return’
By Nick LichtenbergJune 4, 2026
Melinda French Gates is betting $215 million on women’s health—and daring her fellow billionaires to follow
MPW
Melinda French Gates is betting $215 million on women’s health—and daring her fellow billionaires to follow
By Emma HinchliffeJune 4, 2026
Current price of oil as of June 4, 2026
Personal Finance
Current price of oil as of June 4, 2026
By Joseph HostetlerJune 4, 2026
Current price of silver as of Thursday, June 4, 2026
Personal Finance
Current price of silver as of Thursday, June 4, 2026
By Joseph HostetlerJune 4, 2026
Current price of gold as of June 4, 2026
Personal Finance
Current price of gold as of June 4, 2026
By Danny BakstJune 4, 2026
worm
Health
Flesh-eating fly found in Texas cattle for first time in decades
By The Associated PressJune 4, 2026
The SpaceX logo is displayed on the screen of a smartphone placed on a reflective surface onto which a stock market chart is projected.
Newsletters
Why SpaceX is breaking the IPO playbook with a $75 billion fixed-price offering
By Sheryl EstradaJune 4, 2026
BT’s CEO is bringing football logic to Britain’s digital future
Europe
BT’s CEO is bringing football logic to Britain’s digital future
By Francesca CassidyJune 4, 2026
Elon Musk listens as reporters ask U.S. President Donald Trump and South Africa President Cyril Ramaphosa questions during a press availability in the Oval Office at the White House on May 21, 2025 in Washington, DC.
Big Tech
Buried in SpaceX’s IPO: a Tesla merger clue and a $3.75 billion insider windfall for friends and family
By Jim EdwardsJune 4, 2026
Top CD rates on June 4, 2026: Lock in up to up to 4.30%
Personal Finance
Top CD rates on June 4, 2026: Lock in up to up to 4.30%
By Glen Luke FlanaganJune 4, 2026
The top high-yield savings rates: Up to 5.00% on June 4, 2026
Personal Finance
The top high-yield savings rates: Up to 5.00% on June 4, 2026
By Glen Luke FlanaganJune 4, 2026
Mortgage rates, June 4, 2026
Personal Finance
Mortgage rates, June 4, 2026
By Glen Luke FlanaganJune 4, 2026
Current refi mortgage rates report for June 4, 2026
Personal Finance
Current refi mortgage rates report for June 4, 2026
By Glen Luke FlanaganJune 4, 2026
Current ARM mortgage rates report for June 4, 2026
Personal Finance
Current ARM mortgage rates report for June 4, 2026
By Glen Luke FlanaganJune 4, 2026
paceX and Tesla founder Elon Musk speaks during an America PAC town hall on October 26, 2024 in Lancaster, Pennsylvania.
Health
SpaceX reveals its share price and record valuation: 555.6 million shares at $135 apiece, at a $1.77 trillion valuation
By Eva RoytburgJune 3, 2026
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