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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.
America’s grid is reeling. General Motors offers itself as a distributed utility in disguise
America’s grid is reeling. General Motors offers itself as a distributed utility in disguise

As AI data centers strain the grid, GM wants to turn its EVs and batteries into a solution. Ford has a simpler plan—and the two Detroit rivals are betting on very different futures.

By Nick LichtenbergJune 9, 2026
Tesla cofounder: ‘We should be really worried’ about the U.S. grid as China speeds ahead in the power race
Tesla cofounder: ‘We should be really worried’ about the U.S. grid as China speeds ahead in the power race
By Jordan BlumJune 9, 2026
President Donald Trump signing an executive order introducing a $100,000 fee for H-1B visas.
Trump’s $100,000 visa fee is dead in one court and alive in another, setting up Supreme Court brawl
By Michael Casey and The Associated PressJune 9, 2026
Options trader Chris Daytona, right, works on the floor of the New York Stock Exchange, Wednesday, June 3, 2026.
Mystery NASDAQ selloff adds tension into a make-or-break week for the AI trade
By Stan Choe and The Associated PressJune 9, 2026
U.S. President Donald Trump on Liberation Day.
China’s exports to the US are surging at a pre-Liberation Day pace, defying Trump’s tariff goals
By Chan Ho-Him and The Associated PressJune 9, 2026
BP’s new CEO Meg O’Neill rips up the energy giant’s playbook—and the ‘green’ era with it
BP’s new CEO Meg O’Neill rips up the energy giant’s playbook—and the ‘green’ era with it
By Jordan BlumJune 9, 2026
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Economy
More in Economy
Photo of Scott Bessent
‘We are rapidly running out of time’: Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

Trustees now project the retirement fund will be depleted in 2032 and the combined system in 2034, putting pressure on the 2026 Senate class to act.

By Nick LichtenbergJune 9, 2026
The Gulf states are betting big on AI: who’s investing where?

Gulf states are now frontrunners in the AI race but competition will only intensify.

By Melissa HancockJune 9, 2026
Lockheed, Palantir, and Amazon helped fund Trump’s White House ballroom. They also share more than $50 billion in federal contracts

Lockheed Martin alone received roughly $43.8 billion in new or expanded contracts.

By Catherina GioinoJune 9, 2026
Around 22 million teenagers are making their pocket money on video games, online reselling, and in-game platforms like Roblox

The Gen Alpha are making money from their online hobbies and managing multiple streams of income from just 13 years old.

By Emma BurleighJune 9, 2026
More in Economy
Banking
More in Banking
Top CD rates from major banks June 9, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Top CD rates from major banks on June 9, 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 9, 2026
Today’s top high-yield savings rates: Up to 5.00% on June 9, 2026

Some high-yield savings accounts are still offering rates around 5%. Check out our ranking of the highest savings account rates available today.

By Glen Luke FlanaganJune 9, 2026
Top CD rates from major banks on June 8, 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 8, 2026
AXA launches a new insurance and wealth platform for HNWIs as Hong Kong wealth surges past Switzerland

Hong Kong insurance policies have become a popular investment option for wealthy mainland Chinese.

By Nicholas GordonJune 8, 2026
More in Banking
Personal Finance
More in Personal Finance
Current price of Bitcoin for June 9, 2026
Current price of Bitcoin for June 9, 2026

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

By Joseph HostetlerJune 9, 2026
Current price of Ethereum for June 9, 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 9, 2026
Current price of oil as of June 9, 2026

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

By Joseph HostetlerJune 9, 2026
Current price of gold as of June 9, 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 9, 2026
More in Personal Finance
Investing
More in Investing
Traders sitting at computers react
AI stocks are recovering after suddenly tanking last week as oil prices drop more than 3%

The S&P 500 rose 0.2% and pulled back within 2.5% of its all-time high set a week ago.

By Stan Choe and The Associated PressJune 9, 2026
SpaceX IPO means more to the Gulf than you might expect

The windfalls Gulf sovereign wealth funds are poised to receive will offer a nicely timed boost to their balance sheets.

By Melissa HancockJune 9, 2026
How Michael Saylor’s preferred stock gamble could trigger a death spiral for Strategy

Michael Saylor leveraged Strategy to the hilt. Now the math is working against him.

By Shawn TullyJune 9, 2026
‘We expect it to leak’: OpenAI is frontrunning the narrative around its $1 trillion IPO

Everything you need to know before you reach the office this morning.

By Jim EdwardsJune 9, 2026
More in Investing
Real Estate
More in Real Estate
A for sale sign in front a Spanish style house
Home sales are finally recovering and outpacing economists predictions even as mortgage rates remain high

Sales rose 3.2% compared with May last year.

By Alex Veiga and The Associated PressJune 9, 2026
Mortgage rates today, June 9, 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 9, 2026
Current ARM mortgage rates report for June 9, 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 9, 2026
Current refi mortgage rates report for June 9, 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 9, 2026
More in Real Estate
Energy
More in Energy
The global airline industry’s profits could be cut in half as it braces for its worst year since the pandemic
The global airline industry’s profits could be cut in half as it braces for its worst year since the pandemic

Iran’s grip on the Strait of Hormuz is adding $100 billion to airlines’ collective fuel bill this year.

By Marco Quiroz-GutierrezJune 8, 2026
Current price of oil as of June 8, 2026

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

By Joseph HostetlerJune 8, 2026
U.S. and Iran appear far from peace deal 100 days since war began

The past week saw the worst flare-up in tensions since the truce started around April 8.

By Arsalan Shahla, Sara Gharaibeh and BloombergJune 7, 2026
‘We didn’t see this coming’: Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO

Everything you need to know before you reach the office this morning.

By Jim EdwardsJune 8, 2026
More in Energy
Crypto
More in Crypto
Visa and Mastercard are planning to shake up the stablecoin market—but pulling it off won’t be easy
Visa and Mastercard are planning to shake up the stablecoin market—but pulling it off won’t be easy

There are talks of a rumored consortium involving Stripe, Coinbase and others. But don’t count on it happening.

By Jeff John RobertsJune 8, 2026
The Class of 2026: Meet the 12 companies making their Fortune 500 debut

From crypto companies to mattress makers, these companies made it in the list’s 72nd year.

By Marco Quiroz-GutierrezJune 5, 2026
I bought peptides with crypto. How my purchase helped fuel a $100 million gray-market, ‘looksmaxxing’ economy

Some of the China-based sellers have pivoted from fentanyl to peptides.

By Ben WeissJune 4, 2026
The S&P 500 will initially exclude SpaceX but Elon Musk is coming for your retirement savings anyway

Everything you need to know before you reach the office this morning.

By Jim EdwardsJune 5, 2026
More in Crypto
Latest Stories
Trump’s 80th birthday present is a UFC cage on the South Lawn of the White House
North AmericaTrump’s 80th birthday present is a UFC cage on the South Lawn of the White House
By Will Weissert and The Associated PressJune 9, 2026
FIFA says ‘market rates’ explain World Cup prices. Economists say the market was rigged by design
Travel & LeisureFIFA says ‘market rates’ explain World Cup prices. Economists say the market was rigged by design
By Catherina GioinoJune 9, 2026
The AI industry spent years chasing bigger models. Now it’s chasing efficiency
AIThe AI industry spent years chasing bigger models. Now it’s chasing efficiency
By Sharon GoldmanJune 9, 2026
Xbox CEO Asha Sharma speaks on stage at Fortune Brainstorm Tech 2026.
Big Tech‘Not an Allbirds Moment’: Xbox’s new CEO says she is grounding the console in gaming roots, not AI
By Sebastian HerreraJune 9, 2026
Trump speaking into a mic.
NewslettersShould Americans get an equity stake in AI? Trump and progressive Democrats float public ownership of AI
By Beatrice NolanJune 9, 2026
Three people having a seated discussion
AI‘Getting control where we can’—Europe wants sovereign AI, but most of the chips are from the U.S.
By Amanda GerutJune 9, 2026
A $200 million boomer estate, millennial heir Nick Reiner, and the dark side of the Great Wealth Transfer
LawA $200 million boomer estate, millennial heir Nick Reiner, and the dark side of the Great Wealth Transfer
By Nick LichtenbergJune 9, 2026
Claude Mythos on a screen.
AIAnthropic releases its first Mythos-class model to the public
By Beatrice NolanJune 9, 2026
More FinancePage 95 of 100
Photo: President Donald Trump
EnergyTrump says Iran war is ‘very complete, pretty much’, sparking global stock rally
By Jim EdwardsMarch 10, 2026
  • Current price of gold as of March 9, 2026
    Personal FinanceCurrent price of gold as of March 9, 2026
    By Danny BakstMarch 9, 2026
The top high-yield savings rates: Up to 5.00% on March 10, 2026
Personal FinanceThe top high-yield savings rates: Up to 5.00% on March 10, 2026
By Glen Luke FlanaganMarch 10, 2026
Top CD rates on March 10, 2026: Lock in up to up to 4.30%
Personal FinanceTop CD rates on March 10, 2026: Lock in up to up to 4.30%
By Glen Luke FlanaganMarch 10, 2026
Two men in white button downs under black zip ups.
Startups & VentureThis Harvard dropout took a company public before 30. Now he’s raising $205M to fix the business side of medicine
By Catherina GioinoMarch 10, 2026
Photo of Lloyd Blankfein
Workplace CultureFormer Goldman Sachs CEO says DEI programs are ‘counterproductive,’ arguing ‘you’re branding the people in that program’
By Jake AngeloMarch 10, 2026
The worst housing market in years couldn’t stop single women from owning a record-breaking number of homes
Personal FinanceThe worst housing market in years couldn’t stop single women from owning a record-breaking number of homes
By Catherina GioinoMarch 10, 2026
  • Price of Ethereum for March 9, 2026
    Personal FinanceCurrent price of Ethereum for March 9, 2026
    By Joseph HostetlerMarch 9, 2026
Mortgage rates, March 10, 2026
Personal FinanceMortgage rates, March 10, 2026
By Glen Luke FlanaganMarch 10, 2026
Current refi mortgage rates report for March 10, 2026
Personal FinanceCurrent refi mortgage rates report for March 10, 2026
By Glen Luke FlanaganMarch 10, 2026
Current ARM mortgage rates report for March 10, 2026
Personal FinanceCurrent ARM mortgage rates report for March 10, 2026
By Glen Luke FlanaganMarch 10, 2026
Meet the millennial who turned a $400 side hustle into TikTok Shop’s biggest teeth whitening brand in the UK—now he splashes $335 a month on haircuts and lost $20K on crypto
SuccessMeet the millennial who turned a $400 side hustle into TikTok Shop’s biggest teeth whitening brand in the UK—now he splashes $335 a month on haircuts and lost $20K on crypto
By Orianna Rosa RoyleMarch 10, 2026
trump
Personal FinanceAmerica’s never had such high national debt heading into an economic shock. We need a ‘break glass’ plan, think tank warns
By Nick LichtenbergMarch 10, 2026
  • Current big bank CD rates for March 9, 2026
    Personal FinanceTop CD rates from major banks on March 9, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
    By Joseph HostetlerMarch 9, 2026
ceo
AICEOs are using one number in the AI age to decide how many people they still need
By Nick LichtenbergMarch 10, 2026
Man with facial hair looking to the side wearing a suit and tie.
InvestingOracle is under pressure from more than $100 billion in debt and massive layoffs as it pushes ahead with Larry Ellison’s 3-step transformation 
By Amanda GerutMarch 9, 2026
Stocks stage massive upside reversal as oil plunges after Trump says Iran war could be over soon
EnergyStocks stage massive upside reversal as oil plunges after Trump says Iran war could be over soon
By Eva RoytburgMarch 9, 2026
Trump says war to end ‘very soon,’ floats removing oil sanctions
EnergyTrump says war to end ‘very soon,’ floats removing oil sanctions
By Kate Sullivan, Josh Wingrove and BloombergMarch 9, 2026
trump
CommentarySomething will cause inflation to go up this year, but it’s not oil
By Steve H. Hanke and John GreenwoodMarch 9, 2026
A woman in a red coat holds up a sign that says, “Shouldn’t hurt to be a nurse.”
EconomyHealth care has been propping up a shaky labor market. For the first time in over four years, the sector shed thousands of jobs
By Sasha RogelbergMarch 9, 2026
Real Madrid player Jude Bellingham pours water on his face during a break
Arts & EntertainmentThe 2026 World Cup will bring a uniquely American sports tradition to the beautiful game: Mid-match ad breaks
By Tristan BoveMarch 9, 2026
People wait outside a building
AIAI layoffs are coming. The problem may be compounded because nearly 75% of people don’t apply for unemployment benefits
By Jacqueline MunisMarch 9, 2026
Strategy buys $1.3 billion of Bitcoin using mostly common stock
CryptoStrategy buys $1.3 billion of Bitcoin using mostly common stock
By Melos Ambaye and BloombergMarch 9, 2026
How to invest in gold: 6 ways to buy this precious metal
Personal FinanceHow to invest in gold: 6 ways to buy this precious metal
By Joseph HostetlerMarch 9, 2026
Like Trump, Iran’s new supreme leader is a real estate mogul, with a house on ‘Billionaires’ Row,’ a villa in Dubai, and upscale European hotels
Middle EastLike Trump, Iran’s new supreme leader is a real estate mogul, with a house on ‘Billionaires’ Row,’ a villa in Dubai, and upscale European hotels
By Jason MaMarch 9, 2026
three men speak on conference stage
CryptoDubai’s signature Token2049 crypto event set to go forward even as other conferences hit pause amid growing conflict
By Carlos GarciaMarch 9, 2026
Photo of Donald Trump
EnergyTrump promised to fill America’s oil reserves ‘right to the top.’ A year later, oil has exceeded $100 and they’re still less than 60% full
By Tristan BoveMarch 9, 2026
Left to right: Dave Ramsey and Donald Trump
SuccessDave Ramsey slams Trump Accounts, the new investment accounts for babies—he’s advising parents to take the $1,000 and put their own money elsewhere
By Emma BurleighMarch 9, 2026
Price of Bitcoin for March 9, 2026
Personal FinanceCurrent price of Bitcoin for March 9, 2026
By Joseph HostetlerMarch 9, 2026
Women walk past a sign
AIPeople really hate AI but not as much as Iran—or Democrats
By Jake AngeloMarch 9, 2026
mission accomplished
Middle EastInvestors priced in a 6-week Iraq War, but it lasted 8 years and cost $3 trillion. They’re doing it again
By Nick LichtenbergMarch 9, 2026
The ‘Singapore-washing’ strategy starts to unwind as both China and the U.S. closely scrutinize corporate roots
RetailThe ‘Singapore-washing’ strategy starts to unwind as both China and the U.S. closely scrutinize corporate roots
By Angelica AngMarch 9, 2026
Odds of a stock market meltdown with 1970s-style stagflation jump to 35% this year, veteran strategist warns
EconomyOdds of a stock market meltdown with 1970s-style stagflation jump to 35% this year, veteran strategist warns
By Jason MaMarch 9, 2026
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Environment
Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazonplaceholder alt text
By Sasha RogelbergJune 8, 2026
Personal Finance
Current price of oil as of June 8, 2026placeholder alt text
By Joseph HostetlerJune 8, 2026
Asia
Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese militaryplaceholder alt text
By Kate O'Keeffe and BloombergJune 8, 2026
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