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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.
Photo of Trump
Trump claims — yet again — that a deal to reopen Hormuz is close

Regional negotiators finalized a draft accord awaiting approval from Iran, as attacks on shipping continue and Brent crude holds near $80.

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
s
SpaceX races toward Musk’s $1 trillion dream—just as insiders can start selling
By Bernard Condon and The Associated PressAugust 5, 2026
st. louis
$25 billion in data centers shows St. Louis is serious about competing in the AI economy 
By Ron KitchensAugust 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
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
Fortune banner
Economy
More in Economy
Bill Ackman, unfiltered: The billionaire hedge fund founder’s take on AI, investing, and why socialism is a ‘disaster’
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
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
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
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
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
Kevin Warsh told Wall Street he’d be sharing less—Goldman Sachs fears a void of Fed facts will only amplify misinformation and instability

“Even without providing explicit forward guidance, central bankers still have an obligation to explain the economic framework behind their decisions. On that score, this press conference fell well short,” chimed professor Jeremy Siegel.

By Eleanor PringleAugust 4, 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
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
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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
Photo: the Strait of Hormuz.
Newsletters
A deal with Iran on the Strait of Hormuz—with a truckload of caveats—could come as soon as today
By Jim EdwardsAugust 5, 2026
Bill Ackman’s next big bet is convincing Americans to fall back in love with capitalism
Newsletters
Bill Ackman’s next big bet is convincing Americans to fall back in love with capitalism
By Alyson ShontellAugust 5, 2026
More FinancePage 54 of 100
Current ARM mortgage rates report for June 3, 2026
Personal Finance
Current ARM mortgage rates report for June 3, 2026
By Glen Luke FlanaganJune 3, 2026
  • Current refi mortgage rates report for June 2, 2026
    Personal Finance
    Current refi mortgage rates report for June 2, 2026
    By Glen Luke FlanaganJune 2, 2026
Mortgage rates, June 3, 2026
Personal Finance
Mortgage rates, June 3, 2026
By Glen Luke FlanaganJune 3, 2026
Southwest exec says the free bag and assigned seating overhaul is already paying off
Travel & Leisure
Southwest exec says the free bag and assigned seating overhaul is already paying off
By Preston ForeJune 2, 2026
Young man looks sadly at computer at home
Future of Work
Mounting evidence suggests remote work is behind the Gen Z hiring nightmare. Even the New York Fed thinks so
By Tristan BoveJune 2, 2026
Mark Cuban put $500K into a stranger’s rocket company over email. It’s now a SpaceX competitor worth $4 billion
Startups & Venture
Mark Cuban put $500K into a stranger’s rocket company over email. It’s now a SpaceX competitor worth $4 billion
By Sydney LakeJune 2, 2026
Canada is asking to renew the U.S. and Mexico free-trade agreement for another 16 years
North America
Canada is asking to renew the U.S. and Mexico free-trade agreement for another 16 years
By The Associated Press and Rob GilliesJune 2, 2026
  • Current ARM mortgage rates report for June 2, 2026
    Personal Finance
    Current ARM mortgage rates report for June 2, 2026
    By Glen Luke FlanaganJune 2, 2026
‘This administration cooked up a sham deal’: New York sues Trump administration for refunding foreign company $1 billion to end offshore wind project
Environment
‘This administration cooked up a sham deal’: New York sues Trump administration for refunding foreign company $1 billion to end offshore wind project
By The Associated Press and Jennifer McDermottJune 2, 2026
New jobs report shows 7.6 million job openings added in April as layoffs and people quitting their jobs both fell
Economy
New jobs report shows 7.6 million job openings added in April as layoffs and people quitting their jobs both fell
By The Associated Press and Paul WisemanJune 2, 2026
Trump replaces Gabbard with housing chief Bill Pulte, grandson of the founder of one of the country’s largest homebuilders
Real Estate
Trump replaces Gabbard with housing chief Bill Pulte, grandson of the founder of one of the country’s largest homebuilders
By The Associated Press and Josh BoakJune 2, 2026
MIAMI, FLORIDA - OCTOBER 24: A customer pumps gas into their vehicle on October 24, 2025 in Miami, Florida. According to the new Bureau of Labor Statistics data released on October 24, the 12-month inflation rate climbed to 3 percent in September, up from 2.9 percent in August, as gasoline prices rose by 4.1 percent, a major driver of inflation last month. (Photo by Joe Raedle/Getty Images)
Economy
Iran war has cost U.S. families $100 billion between increased military funding and higher oil prices, says Moody’s
By Eleanor PringleJune 2, 2026
Teenager working in ice cream shop
Success
Teens are up against the worst summer job market in nearly 80 years—they’re fighting against hundreds to work at ice cream shops and swimming pools
By Emma BurleighJune 2, 2026
  • Mortgage rates, June 2, 2026
    Personal Finance
    Mortgage rates, June 2, 2026
    By Glen Luke FlanaganJune 2, 2026
Current price of gold as of June 2, 2026
Personal Finance
Current price of gold as of June 2, 2026
By Danny BakstJune 2, 2026
Andrew Yang speaks during a panel discussion in New York
Startups & Venture
Andrew Yang’s upstart cell phone business acquires Helium Mobile
By Jack KubinecJune 2, 2026
Top CD rates from major banks June 2, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on June 2, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJune 2, 2026
Current price of Ethereum for June 2, 2026
Personal Finance
Current price of Ethereum for June 2, 2026
By Joseph HostetlerJune 2, 2026
Current price of Bitcoin for June 2, 2026
Personal Finance
Current price of Bitcoin for June 2, 2026
By Joseph HostetlerJune 2, 2026
ab
C-Suite
It’s not Buffett’s Berkshire anymore as Greg Abel splashes $16.8 billion in cash, hints at different way of doing business
By Josh Funk and The Associated PressJune 2, 2026
Current price of oil as of June 2, 2026
Personal Finance
Current price of oil as of June 2, 2026
By Joseph HostetlerJune 2, 2026
Current price of silver as of Tuesday, June 2, 2026
Personal Finance
Current price of silver as of Tuesday, June 2, 2026
By Joseph HostetlerJune 2, 2026
pope
Crypto
The Pope quoted Gandalf, called AI a Tower of Babel, and Gen Z atheists can’t get enough
By Krysta Fauria and The Associated PressJune 2, 2026
Anthropic’s CFO Krishna Rao is steering one of the most anticipated IPOs ever
Newsletters
Anthropic’s CFO Krishna Rao is steering one of the most anticipated IPOs ever
By Sheryl EstradaJune 2, 2026
‘Where we are today is frightening’: a Pulitzer-winning historian sees a doomsday scenario involving China and the national debt
Banking
‘Where we are today is frightening’: a Pulitzer-winning historian sees a doomsday scenario involving China and the national debt
By Nick LichtenbergJune 2, 2026
Trump tells Netanyahu, ‘You’re f—ing crazy’ and Wall Street sees it as a sign he’s losing patience with the war and wants it done
Investing
Trump tells Netanyahu, ‘You’re f—ing crazy’ and Wall Street sees it as a sign he’s losing patience with the war and wants it done
By Jim EdwardsJune 2, 2026
Top CD rates on June 2, 2026: Lock in up to up to 4.30%
Personal Finance
Top CD rates on June 2, 2026: Lock in up to up to 4.30%
By Glen Luke FlanaganJune 2, 2026
The top high-yield savings rates: Up to 5.00% on June 2, 2026
Personal Finance
The top high-yield savings rates: Up to 5.00% on June 2, 2026
By Glen Luke FlanaganJune 2, 2026
Welcome to the new voice of intelligence in the Middle East
Newsletters
Welcome to the new voice of intelligence in the Middle East
By Alyson ShontellJune 2, 2026
The U.S. and Europe feared the Iran conflict would curtail the Gulf’s appetite for global investments. The opposite is true
Middle East
The U.S. and Europe feared the Iran conflict would curtail the Gulf’s appetite for global investments. The opposite is true
By Melissa HancockJune 2, 2026
liaquat
Commentary
I won a Pulitzer for explaining the Great Depression. The AI spending boom terrifies me
By Liaquat AhamedJune 2, 2026
Meet America’s ‘Disillusioned’: the 32% feeling betrayed and rejecting the establishment—and they’re not who you think
Economy
Meet America’s ‘Disillusioned’: the 32% feeling betrayed and rejecting the establishment—and they’re not who you think
By Nick Lichtenberg and Catherina GioinoJune 2, 2026
He sent out 3,200 résumés and got zero job offers in the 2008 crash. Now Outdoor Boys’ Luke Nichols is telling grads how he survived
Success
He sent out 3,200 résumés and got zero job offers in the 2008 crash. Now Outdoor Boys’ Luke Nichols is telling grads how he survived
By Sydney LakeJune 2, 2026
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North America
Bars, bowling alleys, and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our healthplaceholder alt text
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Forget Gen Z: People in their 70s and 80s are some of the earliest Americans to welcome physical AI into their homes and daily routinesplaceholder alt text
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