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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.
U.S. launches new strikes on Iran while Tehran mocks Trump’s reversal on charging for Hormuz transits — ‘20% is of course too much. We will be fair’
U.S. launches new strikes on Iran while Tehran mocks Trump’s reversal on charging for Hormuz transits — ‘20% is of course too much. We will be fair’

“POTUS is absolutely right. Whoever provides secure and safe passage of commercial vessels through the Strait of Hormuz should be compensated for this service.”

By Jon Gambrell, Konstantin Toropin, Will Weissert and The Associated PressJuly 13, 2026
Lindsey Graham and Mitch McConnell face each other.
McConnell’s absence could jeopardize Republicans’ defense spending agenda as the Iran war escalates
By Sasha RogelbergJuly 13, 2026
SoFi® vs. College Ave student loans
SoFi® vs. College Ave student loans
By Joseph HostetlerJuly 13, 2026
Trump takes a page from Iran’s playbook on the Strait of Hormuz, leveraging U.S. influence over the contested chokepoint to generate revenue
Trump takes a page from Iran’s playbook on the Strait of Hormuz, leveraging U.S. influence over the contested chokepoint to generate revenue
By Jason MaJuly 13, 2026
SoFi® private student loans review 2026
SoFi® private student loans review 2026
By Joseph HostetlerJuly 13, 2026
college
The real reason college costs 43% of family income isn’t tuition
By Thomas Adam and The ConversationJuly 13, 2026
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Economy
More in Economy
U.S. and Iran both say they control the Strait of Hormuz amid attacks that threaten return to all-out war and global economic upheaval
U.S. and Iran both say they control the Strait of Hormuz amid attacks that threaten return to all-out war and global economic upheaval

Iran and the U.S. are nearly halfway through the 60-day period to end the war, but renewed attacks raise fears about whether that will actually happen.

By The Associated Press and Jon GambrellJuly 13, 2026
‘We are driving in the fog’: Hundreds of economists admit they’re flying blind on AI

Will AI take your job, or is it a bunch of hype? We must act now to understand what’s out there, over 200 economists and 16 Nobel laureates say.

By Nick LichtenbergJuly 13, 2026
Russia’s economy is an ‘illusion’ built on debt, and a banking crisis is ready to explode, intel report says, while the Kremlin may seize pensions

The intelligence report estimated that 10% of Russia’s corporate ⁠loans may not be repaid, while 15% of retail loans at some top banks may be non-performing.

By Jason MaJuly 12, 2026
Oil prices march upward again as the U.S-Iran conflict intensifies—and it’s yet another headache for Warsh and the Fed

Escalating tensions between the U.S. and Iran have knock-on effects for inflation expectations and as a result, the trajectory of the base rate, notes Goldman Sachs.

By Eleanor PringleJuly 13, 2026
More in Economy
Banking
More in Banking
Top CD rates from major banks July 13, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Top CD rates from major banks on July 13, 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 HostetlerJuly 13, 2026
The top high-yield savings rates: Up to 4.50% on July 13, 2026

Some high-yield savings accounts are still offering rates around 5%. Check out our ranking of the highest savings account rates available on May 11, 2026.

By Glen Luke FlanaganJuly 13, 2026
3 reasons Bitcoin is stuck in a bear market—and why one analyst predicts a rebound to $100,000 by year-end

Rising inflation, Bitcoin’s four-year cycle, and excess leverage continue to draw the cryptocurrency’s price down.

By Camila Grigera NaónJuly 12, 2026
‘Without our money, people will struggle’: Muangthai Capital’s new CEO Parithad Petampai defends the role of microfinance in Thailand

Muangthai ranks No. 295 on Fortune’s Southeast Asia 500 list, with 2025 revenue of 30.74 billion Thai baht ($936 million).

By Angelica AngJuly 13, 2026
More in Banking
Personal Finance
More in Personal Finance
Current price of gold as of July 13, 2026
Current price of gold as of July 13, 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 BakstJuly 13, 2026
Current price of Ethereum for July 13, 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 HostetlerJuly 13, 2026
Top CD rates today, July 13, 2026: Lock in up to up to 4.40%

CD rates are still looking strong despite recent rate cuts, with many yielding over 4% APY.

By Glen Luke FlanaganJuly 13, 2026
Current price of Bitcoin for July 13, 2026

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

By Joseph HostetlerJuly 13, 2026
More in Personal Finance
Investing
More in Investing
Current price of oil as of July 13, 2026
Current price of oil as of July 13, 2026

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

By Joseph HostetlerJuly 13, 2026
SpaceX and Amazon are tech doppelgangers worth $4.5 trillion—and they’re headed for a collision

Elon Musk’s space-and-AI company lost $4.9 billion last year and trades at 97 times sales. Investors need a lot to go right.

By Amanda GerutJuly 13, 2026
A Trump Account could make your kid a millionaire by 45—but financial experts say the app’s projections come with a catch

Four financial planners break down how much your kid could really make, where it fits with your 401(k), and the catch parents keep missing.

By Sydney LakeJuly 12, 2026
Rising tempo of combat in battle for Hormuz threatens market’s confidence that the worst is over on Iran. ‘There’s a lot of complacency’

U.S. forces carried out five rounds of attacks in the past week and three over the last 24 hours, signaling that the operational tempo is quickening.

By Jason MaJuly 12, 2026
More in Investing
Real Estate
More in Real Estate
Millionaires’ playground Marbella wants to become a tech hub
Millionaires’ playground Marbella wants to become a tech hub

Now, the city wants to reinvent itself, with a  “2.0” vision that positions the Costa del Sol as a Silicon Valley of Europe, with Marbella as its Palo Alto.

By Sabrina Nelson Garcinuño and BloombergJuly 13, 2026
Current ARM mortgage rates report for July 13, 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 FlanaganJuly 13, 2026
Current refi mortgage rates report for July 13, 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 FlanaganJuly 13, 2026
Mortgage rates today, July 13, 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 FlanaganJuly 13, 2026
More in Real Estate
Energy
More in Energy
Meta’s AI data center cost went from $10 billion to $50 billion in under 2 years—and split the town in two
Meta’s AI data center cost went from $10 billion to $50 billion in under 2 years—and split the town in two

The Hyperion supercluster has quintupled in cost since 2024. Meta says it’s covering its own power costs, but critics warn locals could pay anyway.

By Sydney LakeJuly 13, 2026
The ‘facade’ of the U.S.-Iran ceasefire crumbles after largest round of fighting in months — ‘an undeclared naval war can escalate’

“I have a feeling that this could go poop very fast, and that’s the fear once you unleash the dogs of war.”

By Jason MaJuly 12, 2026
U.S. military hits 140 Iranian targets in latest round of strikes while Tehran attacks Persian Gulf neighbors

“We bombed the hell out of them last night,” President Donald Trump told NBC’s “Meet the Press.”

By Jon Gambrell, Will Weissert and The Associated PressJuly 12, 2026
Hormuz route open despite Iran declaration, maritime group says

The path along the Omani coastline is still available for transit, the Joint Maritime Information Center said in a note.

By Sara Gharaibeh and The Associated PressJuly 12, 2026
More in Energy
Crypto
More in Crypto
Robinhood built a blockchain for real-world assets. Memecoin traders showed up for the cat coin instead
Robinhood built a blockchain for real-world assets. Memecoin traders showed up for the cat coin instead

Trading volume on Robinhood Chain rocketed from $200,000 to $500 million in nine days—but with an unexpected twist.

By Ben WeissJuly 13, 2026
A Yale professor says America is now an ‘oldigarchy’—and Boomers on LinkedIn are enraged

Yale professor Samuel Moyn says “the rich today are old, to an astonishing extent”—and his new book, “Gerontocracy in America,” makes the case.

By Nick LichtenbergJuly 12, 2026
Why companies are paying a premium for battle-tested CFOs—and Nike’s struggling turnaround shows what that costs

David Denton, Nike’s new CFO, is coming from Pfizer—underscoring how far companies will go to recruit proven top finance chiefs.

By Sheryl EstradaJuly 10, 2026
This summer’s hottest IPOs are minting a new class of ultra-high-net-worth ‘IPO Bros’—and family offices are changing how they approach them

A hot IPO summer means family offices are learning how to navigate newly minuted UHNW “IPO Bros” who have that entrepreneurial spirit.

By Catherina GioinoJuly 10, 2026
More in Crypto
Latest stories from Fortune
Best Recumbent Bikes (2026): Athlete Approved
Health
Best Recumbent Bikes (2026): Athlete Approved
By Christina SnyderJuly 13, 2026
Jony Ive (left), formerly with Apple and now with OpenAI, standing next to Laurene Powell Jobs, the widow of Apple founder Steve Jobs, at an event in 2022.
AI
Stolen laptops, data breaches, secret moles, and recruiting-as-espionage. Here are the wildest claims in Apple’s lawsuit against OpenAI
By Emily ForliniJuly 13, 2026
Elon Musk and Sam Altman are accusing each other of scamming investors as SpaceX and OpenAI jockey to lead AI revolution
AI
Elon Musk and Sam Altman are accusing each other of scamming investors as SpaceX and OpenAI jockey to lead AI revolution
By Marco Quiroz-GutierrezJuly 13, 2026
usa
North America
America pays workers just 27% of what its wealth allows — the worst in the OECD
By Stephen Bagwell, Susan Randolph and The ConversationJuly 13, 2026
ph
North America
How Pete Hegseth’s DEI order just put Scouting America’s future at stake
By Seth T. Kannarr, Derek H. Alderman and The ConversationJuly 13, 2026
Exclusive: Corner Health raises $25 million to turn nurse practitioners into entrepreneurs
Newsletters
Exclusive: Corner Health raises $25 million to turn nurse practitioners into entrepreneurs
By Emma HinchliffeJuly 13, 2026
dan
Politics
Meet Dan Sullivan, the retired schoolteacher running for office who insists he’s not trolling sitting Senator Dan Sullivan
By Becky Bohrer and The Associated PressJuly 13, 2026
na
North America
‘We devalued the trades’: A Native American graduation miracle that isn’t what it seems
By Savannah Peters and The Associated PressJuly 13, 2026
More FinancePage 12 of 100
gavin
Politics
Newsom calls for a national billionaires’ tax — just not the one his state’s voters are about to pass
By Jonathan J. Cooper and The Associated PressJune 26, 2026
  • Private equity gets cut of two of Taylor Swift’s biggest pop hits through Max Martin’s catalog sale
    Arts & Entertainment
    Private equity gets cut of two of Taylor Swift’s biggest pop hits through Max Martin’s catalog sale
    By Mia OsmonbekovJune 25, 2026
Photo: Paris, france
Environment
Europe is warming twice as fast as the rest of the planet — and it would be impossible without climate change, study says
By Alexa St. John and The Associated PressJune 26, 2026
b
Politics
After flirting with Gavin Newsom rollback idea, union is ‘all in’ on full billionaires’ tax for California
By Sophie Austin and The Associated PressJune 26, 2026
Current price of Ethereum for June 26, 2026
Personal Finance
Current price of Ethereum for June 26, 2026
By Joseph HostetlerJune 26, 2026
Current price of Bitcoin for June 26, 2026
Personal Finance
Current price of Bitcoin for June 26, 2026
By Joseph HostetlerJune 26, 2026
Current price of gold as of June 26, 2026
Personal Finance
Current price of gold as of June 26, 2026
By Danny BakstJune 26, 2026
  • stock
    Investing
    How one chip stock reversed the global tech selloff, exposed AI’s ‘memory tax’ and made the case for an entire valuation regime change
    By Nick LichtenbergJune 25, 2026
Top CD rates from major banks June 26, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on June 26, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJune 26, 2026
Current price of oil as of June 26, 2026
Personal Finance
Current price of oil as of June 26, 2026
By Joseph HostetlerJune 26, 2026
jon
Commentary
Shell Foundation CEO: climate tech works. Getting it to a billion people who need it is the hard part
By Jonathan BermanJune 26, 2026
Current price of silver as of Friday, June 26, 2026
Personal Finance
Current price of silver as of Friday, June 26, 2026
By Joseph HostetlerJune 26, 2026
mj
Commentary
Morgan Stanley on life after selling your business: a roadmap for entrepreneurs
By Mark JansenJune 26, 2026
  • Paris court gives oil giant Total Energies half a year to tighten climate policies. Climate activists cry foul
    Energy
    Paris court gives oil giant Total Energies half a year to tighten climate policies. Climate activists cry foul
    By The Associated Press, Molly Quell and Sylvie CorbetJune 25, 2026
The New York Stock Exchange is seenduring morning trading on May 26, 2026 in New York City.
Economy
The richest 20% are the only ones powering the U.S. economy, says top economist, but their prospects are entirely reliant on teetering stock prices
By Eleanor PringleJune 26, 2026
Photo: Sam Altman
Economy
‘Memory supply crisis’: Wall Street triggers huge selloff in fear of looming chip shortages
By Jim EdwardsJune 26, 2026
Top CD rates June 26, 2026: Lock in up to up to 4.40%
Personal Finance
Top CD rates June 26, 2026: Lock in up to up to 4.40%
By Glen Luke FlanaganJune 26, 2026
Top high-yield savings rates: Up to 5.00% on June 26, 2026
Personal Finance
Top high-yield savings rates: Up to 5.00% on June 26, 2026
By Glen Luke FlanaganJune 26, 2026
Singapore grads battle low-paid trainee stigma to get hired
Asia
Singapore grads battle low-paid trainee stigma to get hired
By Gabrielle Ng and BloombergJune 26, 2026
spiegel
Personal Finance
Snap’s Evan Spiegel joins MacKenzie Scott in the billionaire race to erase medical debt—wiping out $550 million for 260,000 Californians
By Nick LichtenbergJune 26, 2026
cuban
AI
Everyone agrees that you hate AI, but only Mark Cuban sees why Silicon Valley is powerless to fix it
By Nick LichtenbergJune 26, 2026
g
Banking
Alan Greenspan said 3 years with Gerald Ford beat 18 at the Fed. His death at 100 raises the question: was he right?
By Simon Bowmaker, Paul Wachtel and The ConversationJune 26, 2026
suez
Economy
Ray Dalio says the U.S. just had its ‘Suez moment’—and history says what comes next could end an empire
By Nick LichtenbergJune 26, 2026
Meet Micron, the under-the-radar chipmaker that just reported a 346% sales surge and helped stop a global AI selloff
AI
Meet Micron, the under-the-radar chipmaker that just reported a 346% sales surge and helped stop a global AI selloff
By Marco Quiroz-GutierrezJune 26, 2026
Current refi mortgage rates report for June 26, 2026
Personal Finance
Current refi mortgage rates report for June 26, 2026
By Glen Luke FlanaganJune 26, 2026
Current ARM mortgage rates report for June 26, 2026
Personal Finance
Current ARM mortgage rates report for June 26, 2026
By Glen Luke FlanaganJune 26, 2026
Mortgage rates June 26, 2026
Personal Finance
Mortgage rates June 26, 2026
By Glen Luke FlanaganJune 26, 2026
Trump sits and shows a signed bill
Politics
Washington gutted the office that manages your student loans. Next week, it has to reinvent them
By Jacqueline MunisJune 26, 2026
p
Personal Finance
American giving hit $617 billion in 2025 — and the Paul Allen effect exposes who’s really driving it
By The ConversationJune 26, 2026
t
Real Estate
Congress just passed the most significant housing bill in decades, so why won’t Trump sign it?
By Alex Veiga and The Associated PressJune 25, 2026
The bond market knows something about the $39 trillion national debt that Washington doesn’t
Economy
The bond market knows something about the $39 trillion national debt that Washington doesn’t
By Eva RoytburgJune 25, 2026
President Donald Trump speaking at a rally in Pennsylvania on June 23, 2026.
Economy
Trump turns on Big Oil donors who spent nearly $100 million to get him elected—now he wants the DOJ to investigate them for price gouging
By Tristan BoveJune 25, 2026
A man pumps his car with gas.
Economy
U.S. companies swallowed the oil shock. They’re not sure they can do it again
By Sasha RogelbergJune 25, 2026
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The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parentsplaceholder alt text
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