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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.
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

Trump announced the U.S. will reimpose a naval blockade on Iran and will demand reimbursement on all other cargo shipped through the waterway.

By Jason MaJuly 13, 2026
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
By Sydney LakeJuly 13, 2026
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
By The Associated Press and Jon GambrellJuly 13, 2026
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
By Ben WeissJuly 13, 2026
‘We are driving in the fog’: Hundreds of economists admit they’re flying blind on AI
‘We are driving in the fog’: Hundreds of economists admit they’re flying blind on AI
By Nick LichtenbergJuly 13, 2026
Current price of gold as of July 13, 2026
Current price of gold as of July 13, 2026
By Danny BakstJuly 13, 2026
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Economy
More in Economy
President Donald Trump speaks during the swearing-in ceremony for the new Chairman of the Federal Reserve, Kevin Warsh (L) in the East Room of the White House on May 22, 2026 in Washington, DC.
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
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
Trinidad and Tobago signs deals with U.S. companies for data centers, despite history of chronic water shortages and intermittent supply

The memorandums of understanding were signed with the Florida-headquartered Hummingbird AI Holdings and New York-based Ernst and Young LLP.

By Anselm Gibbs and The Associated PressJuly 12, 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
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 Ethereum for July 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
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
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
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
More in Personal Finance
Investing
More in Investing
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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
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
James Murdoch may have reaped as much as $7.5 billion from his pre-IPO investment in Elon Musk’s SpaceX

His early bet on the rocket company has likely made him much richer than his father Rupert Murdoch ever did.

By Claire AtkinsonJuly 12, 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
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
Hormuz route open despite Iran declaration, maritime group says
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
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
The U.S. and Iran can’t agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament

Oman has drafted a proposal to manage traffic in the strait through two separately controlled routes, sources told CNN.

By Jason MaJuly 11, 2026
Trump’s time is running out to avoid a nightmare Strait of Hormuz scenario

Global oil flows remain stunted as stockpiles are depleted, and demand is set to rise again.

By Jordan BlumJuly 12, 2026
More in Energy
Crypto
More in Crypto
sam
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
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
The crypto startup trying to put a barrel of oil on blockchain

Energy Substantiation wants oil suppliers to help support a digital token tied to physical crude.

By Mia Gindis, Sidhartha Shukla and BloombergJuly 9, 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
More in Crypto
Latest stories from Fortune
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
mm
North America
Mitch McConnell breaks silence, said he was ‘briefly unconscious’ after a fall, got treated for mild pneumonia
By Mary Clare Jalonick and The Associated PressJuly 13, 2026
e
Arts & Entertainment
American influencers turn Erling Haaland into the World Cup’s breakout brand
By Kaitlyn Huamani and The Associated PressJuly 13, 2026
t
North America
Trump floats Lindsey Graham’s sister as interim Senate replacement; Scott Bessent reportedly fields calls
By Meg Kinnard and The Associated PressJuly 13, 2026
u
Politics
Europe to social media platforms: make yourself safe for kids under 13, somehow
By Lorne Cook, Kelvin Chan and The Associated PressJuly 13, 2026
Jason Kidd, COO of Chipotle
Success
Chipotle’s COO takes employees to dinner every week to spot his next leaders—here are the 4 traits he’s seeking
By Emma BurleighJuly 13, 2026
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Current price of Ethereum for July 10, 2026
Personal Finance
Current price of Ethereum for July 10, 2026
By Joseph HostetlerJuly 10, 2026
  • U.S. President Donald Trump speaks to members of the press for the first time aboard the new Air Force One while in flight from RAF Mildenhall AFB to Joint Base Andrews July 8, 2026 after leaving the United Kingdom.
    Economy
    U.S.-Iran talks are ‘eerily similar’ to Trump’s bumpy China dealings in his first term, says top economist—don’t rule out further oil price spikes
    By Eleanor PringleJuly 9, 2026
Current price of Bitcoin for July 10, 2026
Personal Finance
Current price of Bitcoin for July 10, 2026
By Joseph HostetlerJuly 10, 2026
Top CD rates from major banks July 10, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on July 10, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJuly 10, 2026
Current price of oil as of July 10, 2026
Personal Finance
Current price of oil as of July 10, 2026
By Joseph HostetlerJuly 10, 2026
Current price of silver as of Friday, July 10, 2026
Personal Finance
Current price of silver as of Friday, July 10, 2026
By Joseph HostetlerJuly 10, 2026
Top CD rates on July 10, 2026: Lock in up to up to 4.40%
Personal Finance
Top CD rates on July 10, 2026: Lock in up to up to 4.40%
By Glen Luke FlanaganJuly 10, 2026
  • The top high-yield savings rates: Up to 4.50% on July 9, 2026
    Personal Finance
    The top high-yield savings rates: Up to 4.50% on July 9, 2026
    By Glen Luke FlanaganJuly 9, 2026
The top high-yield savings rates: Up to 4.50% on July 10, 2026
Personal Finance
The top high-yield savings rates: Up to 4.50% on July 10, 2026
By Glen Luke FlanaganJuly 10, 2026
Harry Styles waves
Success
Harry Styles fans flew to Amsterdam, paid a 21% premium for hotels, and sent inflation soaring. One Gen Zer paid $1,000 for a tiny ‘box’ hotel room
By Preston ForeJuly 10, 2026
Vietnam is paying women to have more babies—but there’s a catch: they have to be on baby no. 2 to qualify for the $68 million budget
Success
Vietnam is paying women to have more babies—but there’s a catch: they have to be on baby no. 2 to qualify for the $68 million budget
By Orianna Rosa RoyleJuly 10, 2026
Current ARM mortgage rates report for July 10, 2026
Personal Finance
Current ARM mortgage rates report for July 10, 2026
By Glen Luke FlanaganJuly 10, 2026
Current refi mortgage rates report for July 10, 2026
Personal Finance
Current refi mortgage rates report for July 10, 2026
By Glen Luke FlanaganJuly 10, 2026
  • 750 million fans and 2.7 million data points: How IBM’s AI powers Wimbledon from hidden ‘Court 19’ 
    Europe
    750 million fans and 2.7 million data points: How IBM’s AI powers Wimbledon from hidden ‘Court 19’ 
    By Sam BirchallJuly 9, 2026
Mortgage rates, July 10, 2026
Personal Finance
Mortgage rates, July 10, 2026
By Glen Luke FlanaganJuly 10, 2026
49% of young adults live at home, up 12 points since 2019. An economist says the fallout will reshape marriage, kids, and home-buying
Economy
49% of young adults live at home, up 12 points since 2019. An economist says the fallout will reshape marriage, kids, and home-buying
By Catherina GioinoJuly 9, 2026
Trump cheers Gwynne Shotwell as Elon Musk’s SpaceX No. 2 gives $325 million in stock to Trump Accounts
North America
Trump cheers Gwynne Shotwell as Elon Musk’s SpaceX No. 2 gives $325 million in stock to Trump Accounts
By Mia OsmonbekovJuly 9, 2026
Peter Cancro shakes oregano over an open sandwich.
Retail
Jersey Mike’s $12 billion IPO filing reveals a $50 million payday for the founder’s stepson and a $41 million jet
By Sasha RogelbergJuly 9, 2026
Farm groups saved Bayer in court over RoundUp cancer claims. Five days later, Bayer called for tariffs on the ingredient farmers rely on
Economy
Farm groups saved Bayer in court over RoundUp cancer claims. Five days later, Bayer called for tariffs on the ingredient farmers rely on
By Mia OsmonbekovJuly 9, 2026
Fed’s Williams says AI is now his main inflation concern
Economy
Fed’s Williams says AI is now his main inflation concern
By Maria Eloisa Capurro and BloombergJuly 9, 2026
Billionaire philanthropist MacKenzie Scott
Success
Billionaire MacKenzie Scott just donated $20 million to support America’s youth mental health, as a fifth of teens struggle with suicidal thoughts
By Emma BurleighJuly 9, 2026
The housing market just split in two: Prices are falling out West and soaring in the Northeast
Real Estate
The housing market just split in two: Prices are falling out West and soaring in the Northeast
By Alex Veiga and The Associated PressJuly 9, 2026
Businessman flying private jet using smartphone
Success
Self-made multimillionaire says Canadians ‘give no money away’ compared with Americans—research shows U.S. giving is more than twice as high
By Preston ForeJuly 9, 2026
This year’s El Niño is not ‘run-of-the-mill’—and it could rival one that killed 23,000
Environment
This year’s El Niño is not ‘run-of-the-mill’—and it could rival one that killed 23,000
By Seth Borenstein and The Associated PressJuly 9, 2026
Current price of gold as of July 9, 2026
Personal Finance
Current price of gold as of July 9, 2026
By Danny BakstJuly 9, 2026
PepsiCo cut chip prices to win back frustrated shoppers. The Iran war got in the way
Retail
PepsiCo cut chip prices to win back frustrated shoppers. The Iran war got in the way
By Dee-Ann Durbin and The Associated PressJuly 9, 2026
Current price of Ethereum for July 9, 2026
Personal Finance
Current price of Ethereum for July 9, 2026
By Joseph HostetlerJuly 9, 2026
Current price of Bitcoin for July 9, 2026
Personal Finance
Current price of Bitcoin for July 9, 2026
By Joseph HostetlerJuly 9, 2026
Top CD rates from major banks July 9, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on July 9, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJuly 9, 2026
Current price of oil as of July 9, 2026
Personal Finance
Current price of oil as of July 9, 2026
By Joseph HostetlerJuly 9, 2026
Current price of silver as of Thursday, July 9, 2026
Personal Finance
Current price of silver as of Thursday, July 9, 2026
By Joseph HostetlerJuly 9, 2026
DeFi veteran Gauntlet raises $125 million from Japanese financial giant SBI Holdings
Crypto
DeFi veteran Gauntlet raises $125 million from Japanese financial giant SBI Holdings
By Ben WeissJuly 9, 2026
Christina Qi smiles in front of a bookshelf
Startups & Venture
Christina Qi left behind a hedge fund trading $7 billion a day for a farm in Utah. Her new startup just raised $97 million to rival Bloomberg
By Lily Mae LazarusJuly 9, 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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