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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.
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
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%
By Glen Luke FlanaganAugust 5, 2026
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
By Glen Luke FlanaganAugust 5, 2026
Current price of Bitcoin for Aug. 5, 2026
Current price of Bitcoin for August 5, 2026
By Joseph HostetlerAugust 5, 2026
Top CD rates from major banks Aug. 5, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Top CD rates from major banks on August 5, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerAugust 5, 2026
Current price of Ethereum for Aug. 6, 2026
Current price of Ethereum for August 5, 2026
By Joseph HostetlerAugust 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
bessent
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
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
A forgotten Swedish economist’s 130-year-old theory explains why investors won’t quit funding America’s near-$40 trillion pile of debt

“To oversimplify: You could argue that U.S. deficits are, in effect, being increasingly funded by its tech sector.”

By Eleanor PringleAugust 4, 2026
Capital One had 300 Trump accounts — then its money-laundering team stepped in

Bank filing says a months-long AML (anti-money-laundering) review, not politics, ended Trump’s accounts.

By Ken Sweet and The Associated PressAugust 4, 2026
More in Banking
Personal Finance
More in Personal Finance
Current price of oil as of Aug. 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 silver as of Wednesday, August 5, 2026

Silver is a (comparatively) safe and reliable asset that can help you to preserve the value of your money during times of inflation.

By Joseph HostetlerAugust 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
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
More in Personal Finance
Investing
More in Investing
h
Honda doubles profit as motorcycles and a weak yen fuel its post‑EV writedown comeback

The automaker that booked a 423.9 billion yen full-year loss is suddenly posting a 456.9 billion yen quarter.

By Yuri Kageyama and The Associated PressAugust 5, 2026
SpaceX races toward Musk’s $1 trillion dream—just as insiders can start selling

Musk just turned in a 92% revenue surge, days before roughly 900 million insider shares flood the market and test whether investors still buy the story.

By Bernard Condon and The Associated PressAugust 5, 2026
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
Disney boosted by $1 billion at the box office, strong parks performance as international visits slump

Shares climbed more than 3% before the market opened on Wednesday.

By Michelle Chapman and The Associated PressAugust 5, 2026
More in Investing
Real Estate
More in Real Estate
Mortgage rates today, Aug. 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
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
Current refi mortgage rates report for Aug. 4, 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 4, 2026
Current ARM mortgage rates report for Aug. 4, 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 4, 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
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
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
Could a UN-backed plan to reopen Hormuz break the deadlock? 

In this week’s Fortune Gulf Brief.

By Melissa HancockAugust 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
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
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
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
More in Crypto
Latest stories from Fortune
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
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.
Economy
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
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
Noa Khamallah smiles in a white polo with his hands in his pockets
Newsletters
Noa Khamallah was a street kid and convict. Now his $10 million fund is taking on mega-VCs
By Lily Mae LazarusAugust 5, 2026
SpaceX president Gwynne Shotwell during the company's initial public offering (IPO) in New York, on June 12, 2026. (Photo: Michael Nagle/Bloomberg/Getty Images)
Newsletters
What happened in SpaceX’s first earnings report as a public company
By Andrew NuscaAugust 5, 2026
gen z
Personal Finance
Gen Z’s anti-capitalist brand says one thing. Its spending data says something more interesting
By Nick LichtenbergAugust 5, 2026
More FinancePage 59 of 100
Mortgage rates, May 28, 2026
Personal Finance
Mortgage rates, May 28, 2026
By Glen Luke FlanaganMay 28, 2026
  • Top CD rates on May 27, 2026: Lock in up to up to 4.30%
    Personal Finance
    Top CD rates on May 27, 2026: Lock in up to up to 4.30%
    By Glen Luke FlanaganMay 27, 2026
Current refi mortgage rates report for May 28, 2026
Personal Finance
Current refi mortgage rates report for May 28, 2026
By Glen Luke FlanaganMay 28, 2026
Current ARM mortgage rates report for May 28, 2026
Personal Finance
Current ARM mortgage rates report for May 28, 2026
By Glen Luke FlanaganMay 28, 2026
SpaceX’s $80 billion IPO has a catch: 78% of the money is already spoken for
Investing
SpaceX’s $80 billion IPO has a catch: 78% of the money is already spoken for
By Shawn TullyMay 28, 2026
Asia is already grappling with a fuel crisis. A ‘Super El Nino’ threatens to make things worse
Environment
Asia is already grappling with a fuel crisis. A ‘Super El Nino’ threatens to make things worse
By Angelica AngMay 28, 2026
tt
Personal Finance
Top JPMorgan analyst maps 5 ways America’s debt crisis could unfold—and the ‘best case’ is still alarming
By Nick LichtenbergMay 28, 2026
  • The top high-yield savings rates: Up to 5.00% on May 27, 2026
    Personal Finance
    The top high-yield savings rates: Up to 5.00% on May 27, 2026
    By Glen Luke FlanaganMay 27, 2026
Man in a dark jacket
Big Tech
Salesforce turbocharges $25 billion stock buying spree with debt, cuts cash flow guidance in half
By Amanda GerutMay 27, 2026
American Economist Robert Solow
Economy
Employees using AI are working faster, but the economy isn’t more efficient. A look at what happened in the pre-Internet era might explain why
By Tristan BoveMay 27, 2026
man giving child keys to home
Economy
A study finds escaping your income bracket no longer means building wealth. That disconnect may be what’s driving consumer pessimism to record highs
By Jake AngeloMay 27, 2026
crfb
Economy
Interest on the national debt is eating a record 19% of federal revenue — and watchdog warns it will get worse
By Nick LichtenbergMay 27, 2026
Nvidia CEO Jensen Huang
Economy
Even if every California billionaire left tomorrow, it would take 25 years for the state to lose as much as it stands to gain from proposed wealth tax
By Tristan BoveMay 27, 2026
  • Citi’s 5-year comeback: How CEO Jane Fraser turned the bank’s chronic underperformance into decade-high revenue
    Magazine
    Citi’s 5-year comeback: How CEO Jane Fraser turned the bank’s chronic underperformance into decade-high revenue
    By Claire ZillmanMay 27, 2026
Frustrated man in work meeting
Success
Real estate billionaire was called the ‘worst analyst’ at Goldman Sachs—now he says the criticism was the best thing that ever happened to him
By Emma BurleighMay 27, 2026
new
Big Tech
Donald Newhouse saw the internet coming in 2004. His newspapers still weren’t ready
By Scott Mayerowitz and The Associated PressMay 27, 2026
leo
Innovation
Ferrari presents Pope with its first ever electric car, stock plunges 8%
By Alexa St. John and The Associated PressMay 27, 2026
br
Investing
S&P 500 sets all-time high, welcomes another company to $1 trillion market cap club
By Stan Choe and The Associated PressMay 27, 2026
Top CD rates from major banks May 27, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on May 27, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerMay 27, 2026
Current price of Ethereum for May 27, 2026
Personal Finance
Current price of Ethereum for May 27, 2026
By Joseph HostetlerMay 27, 2026
Current price of Bitcoin for May 27, 2026
Personal Finance
Current price of Bitcoin for May 27, 2026
By Joseph HostetlerMay 27, 2026
Current price of gold as of May 27, 2026
Personal Finance
Current price of gold as of May 27, 2026
By Danny BakstMay 27, 2026
Current price of oil as of May 27, 2026
Personal Finance
Current price of oil as of May 27, 2026
By Joseph HostetlerMay 27, 2026
j
Banking
Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it
By Nick LichtenbergMay 27, 2026
Current price of silver as of Wednesday, May 27, 2026
Personal Finance
Current price of silver as of Wednesday, May 27, 2026
By Joseph HostetlerMay 27, 2026
ai
Commentary
How Sam Altman fooled Sundar Pichai — and pushed Google into cannibalizing itself
By Sunil SharanMay 27, 2026
Robinhood launches agentic trading, announces credit card for AI agents with 3% cash back
Banking
Robinhood launches agentic trading, announces credit card for AI agents with 3% cash back
By Jeff John RobertsMay 27, 2026
The 2026 Fortune Most Powerful Women list is here—and 11 CFOs made the cut
Newsletters
The 2026 Fortune Most Powerful Women list is here—and 11 CFOs made the cut
By Sheryl EstradaMay 27, 2026
Exclusive: Airwallex launches billing product as $8 billion fintech continues to compete with rival Stripe
Banking
Exclusive: Airwallex launches billing product as $8 billion fintech continues to compete with rival Stripe
By Ben WeissMay 27, 2026
g
Commentary
I’ve been a CEO for 25 years. The AI hype and hysteria is getting old
By Gil MandelzisMay 27, 2026
An American flag flies near a construction worker during construction of a new building on March 6, 2026 in Pasadena, California.
Economy
The only jobs giving out pay raises right now are in construction, mining, and public administration, the New York Fed finds
By Eleanor PringleMay 27, 2026
Five giant hyperscalers—and Nvidia—share a surprising trait: female CFOs
AI
Five giant hyperscalers—and Nvidia—share a surprising trait: female CFOs
By Sheryl EstradaMay 27, 2026
Tom Steyer’s $195 million political advertising spend breaks record as the most expensive campaign this year
Politics
Tom Steyer’s $195 million political advertising spend breaks record as the most expensive campaign this year
By The Associated Press and MIchael R. BloodMay 27, 2026
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Personal Finance
How Zohran Mamdani's pied-à-terre tax exposed an epidemic of 'ghost cars' insteadplaceholder alt text
By Catherina GioinoAugust 4, 2026
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
By Catherina GioinoAugust 2, 2026
AI
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
By Marco Quiroz-GutierrezAugust 3, 2026
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