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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
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
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
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
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
Europe’s AI sovereignty is under threat. Could Mistral be the answer?
Magazine
Europe’s AI sovereignty is under threat. Could Mistral be the answer?
By Beatrice NolanAugust 5, 2026
Europe’s tech sovereignty is facing its biggest test yet
Magazine
Europe’s tech sovereignty is facing its biggest test yet
By Sam ForsdickAugust 5, 2026
More FinancePage 61 of 100
dario
Future of Work
Big Four consulting has 2 AI nightmares. KPMG’s answer to both is the same
By Nick LichtenbergMay 26, 2026
  • It took over a decade, but NextDecade’s longshot bet to lead LNG in Texas is finally paying off
    Energy
    It took over a decade, but NextDecade’s longshot bet to lead LNG in Texas is finally paying off
    By Jordan BlumMay 24, 2026
Jim Williamson
Commentary
America turns 250. Its greatest innovation wasn’t the car or the computer — it was learning to share risk
By Jim WilliamsonMay 26, 2026
rose
Commentary
From service to skilled trades: America’s most overlooked workforce pipeline
By Rose Van AlstineMay 26, 2026
Markets rejoice as deal to reopen Hormuz nears, but U.S. forces conduct ‘self-defense strikes’ on Iranian missile sites and boats laying mines
Energy
Markets rejoice as deal to reopen Hormuz nears, but U.S. forces conduct ‘self-defense strikes’ on Iranian missile sites and boats laying mines
By Jason MaMay 25, 2026
Current refi mortgage rates report for May 25, 2026
Personal Finance
Current refi mortgage rates report for May 25, 2026
By Glen Luke FlanaganMay 25, 2026
g
Politics
Democrats want to run on corruption. Their own stock trades keep getting in the way
By Matt Brown and The Associated PressMay 25, 2026
  • U.S. reaches limit of sanctions power in targeting Iran’s economy
    Politics
    U.S. reaches limit of sanctions power in targeting Iran’s economy
    By Magdalena Del Valle and BloombergMay 23, 2026
g
North America
America’s largest oil export hub is so starved of water that it’s been illegal to have a green lawn for 2 years
By Michelle Hummel and The ConversationMay 25, 2026
g
Environment
You can’t repair your tractor because Hollywood was terrified of the VCR
By Oana Godeanu-Kenworthy and The ConversationMay 25, 2026
r
Environment
Rice feeds more than half the world. It’s also the climate equivalent of 239 million cars
By Hanqin Tian, Jingting Zhang, Pep Canadell, Shufen (Susan) Pan and The ConversationMay 25, 2026
f
Economy
The economist who wrote the book on sports finance has a number for FIFA’s World Cup haul: $15 billion
By Richard Sheehan and The ConversationMay 25, 2026
Antonio Gracias, founder, chief executive officer and chief investment officer of Valor Equity Partners
Investing
Elon Musk’s best friend could make more than $100 billion from SpaceX’s IPO. His firm is also owed billions by SpaceX
By Eva RoytburgMay 25, 2026
  • Trump’s 3,711 trades point to multiple stock-market strategies
    Investing
    Trump’s 3,711 trades point to multiple stock-market strategies
    By Justina Lee, Vivien Ngo, Elena Popina, Matthew Griffin and BloombergMay 23, 2026
mollick
Economy
‘Nobody knows anything’ and ‘this time is different’: the phrases that define — and haunt — the AI economy
By Nick LichtenbergMay 25, 2026
Aerial view of a huge mansion and tennis court near waterways
Real Estate
A billionaire and an A-list actor found refuge in a 37-home Florida neighborhood with armed guards—proof that privacy is now the ultimate luxury
By Marco Quiroz-GutierrezMay 25, 2026
Top CD rates on May 25, 2026: Lock in up to up to 4.30%
Personal Finance
Top CD rates on May 25, 2026: Lock in up to up to 4.30%
By Glen Luke FlanaganMay 25, 2026
The top high-yield savings rates: Up to 5.00% on May 25, 2026
Personal Finance
The top high-yield savings rates: Up to 5.00% on May 25, 2026
By Glen Luke FlanaganMay 25, 2026
Richard McCathron is President & CEO, Hippo.
Commentary
I’m leading a $100 million corporate turnaround. Here’s why I learned to distrust the growth mindset
By Richard McCathronMay 25, 2026
Grandparents saying goodbye to their loved ones at the door
Economy
The pig in the python: Baby boomers are strangling the economy they built by refusing to move or retire
By Nick LichtenbergMay 25, 2026
Current ARM mortgage rates report for May 25, 2026
Personal Finance
Current ARM mortgage rates report for May 25, 2026
By Glen Luke FlanaganMay 25, 2026
Mortgage rates, May 25, 2026
Personal Finance
Mortgage rates, May 25, 2026
By Glen Luke FlanaganMay 25, 2026
Oil drops as U.S. says deal with Iran and Hormuz reopening is near
Energy
Oil drops as U.S. says deal with Iran and Hormuz reopening is near
By Nicholas Lua and BloombergMay 24, 2026
Russia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as alternate GDP gauge shows huge contraction
Economy
Russia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as alternate GDP gauge shows huge contraction
By Jason MaMay 24, 2026
Alaska’s oil revival sparks a new energy rush Into the Arctic
Energy
Alaska’s oil revival sparks a new energy rush Into the Arctic
By Jennifer A. Dlouhy and BloombergMay 24, 2026
f
Energy
Nonprofit fraud isn’t surging. Enforcement is
By Sarah Webber and The ConversationMay 24, 2026
w
Personal Finance
From Hobbes to the 14th amendment: the ancient and modern cases against Trump’s $1.8 billion fund
By Austin Sarat and The ConversationMay 24, 2026
m
Real Estate
‘We want neighbors, not tourists.’ Madrid’s renters march with message for the boom economy
By Alicia Leon and The Associated PressMay 24, 2026
SpaceX’s next-gen rocket is the key to its sky-high valuation, early investor says: ‘Starship also enables all kinds of frontier markets’
Startups & Venture
SpaceX’s next-gen rocket is the key to its sky-high valuation, early investor says: ‘Starship also enables all kinds of frontier markets’
By Marco Quiroz-GutierrezMay 24, 2026
40 is the new 50: Millennial jobseekers are giving their resumes a facelift by hiding years of experience to land jobs
Future of Work
40 is the new 50: Millennial jobseekers are giving their resumes a facelift by hiding years of experience to land jobs
By Jacqueline MunisMay 24, 2026
bofa
AI
BofA says you’ll be 10x more productive with AI. Ignore the 0.1% result so far
By Nick LichtenbergMay 24, 2026
Inside the ‘stealth wealth’ playbook: How Silicon Valley’s elite buy multimillion-dollar mansions without leaving a paper trail
Real Estate
Inside the ‘stealth wealth’ playbook: How Silicon Valley’s elite buy multimillion-dollar mansions without leaving a paper trail
By Sydney LakeMay 24, 2026
Someone leafs through titles stacked in a library
AI
AI hallucinations are infiltrating expert work—and entering the permanent body of knowledge
By Tristan BoveMay 24, 2026
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Most Popular
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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