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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 89 of 100
Members of security forces watch over the crowd during a funeral procession held for IRGC Navy Chief Alireza Tangsiri, alongside other senior naval commanders and their families who were killed in US-Israeli strikes in late March, on April 1, 2026 in Tehran, Iran.
Politics
Iranians begin forming human chains around power plants ahead of Trump’s deadline, social media videos show
By Eva RoytburgApril 7, 2026
  • worker
    Future of Work
    Goldman just looked at 40 years of data on the ‘scarring’ effects of technological disruption and finds Gen Z isn’t the most at risk
    By Nick LichtenbergApril 6, 2026
Bitcoin slides with risk assets as Trump’s Iran ultimatum looms
Crypto
Bitcoin slides with risk assets as Trump’s Iran ultimatum looms
By Suvashree Ghosh, Melos Ambaye and BloombergApril 7, 2026
The four Artemis II astronauts wearing their orange suits
Success
Artemis II’s astronauts are on their way home—a six-figure salary but no overtime or hazard pay awaits them back on Earth
By Preston ForeApril 7, 2026
UNITED STATES - APRIL 6: President Donald Trump talks with reporters on the South Lawn during the White House Easter Egg Roll on Monday, April 6, 2026. (Tom Williams/CQ-Roll Call, Inc via Getty Images)
Politics
Trump’s dire warning to Iran: ‘A whole civilization will die tonight, never to be brought back again’
By Eva RoytburgApril 7, 2026
curtin
Commentary
TE Connectivity CEO: the real promise of AI is long-term transformation, not short-term efficiency gains
By Terrence CurtinApril 7, 2026
Current price of gold as of April 7, 2026
Personal Finance
Current price of gold as of April 7, 2026
By Danny BakstApril 7, 2026
  • Trump is seeking the biggest defense budget surge in 75 years as the Pentagon stays committed to ‘exquisite’ weapons
    Politics
    Trump is seeking the biggest defense budget surge in 75 years as the Pentagon stays committed to ‘exquisite’ weapons
    By Jason MaApril 6, 2026
Top CD rates from major banks April 7, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on April 7, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerApril 7, 2026
Tesla CEO Elon Musk
Investing
A J.P. Morgan analyst sees 60% downside to Tesla stock—and he may be too optimistic
By Shawn TullyApril 7, 2026
Current price of Ethereum for April 7, 2026
Personal Finance
Current price of Ethereum for April 7, 2026
By Joseph HostetlerApril 7, 2026
Current price of Bitcoin for April 7, 2026
Personal Finance
Current price of Bitcoin for April 7, 2026
By Joseph HostetlerApril 7, 2026
Current price of oil as of April 7, 2026
Personal Finance
Current price of oil as of April 7, 2026
By Joseph HostetlerApril 7, 2026
  • moon in a spaceship
    Law
    The Artemis II astronauts have officially gone further from earth than any humans have gone before
    By The Associated Press and Marcia DunnApril 6, 2026
Current price of silver as of Tuesday, April 7, 2026
Personal Finance
Current price of silver as of Tuesday, April 7, 2026
By Joseph HostetlerApril 7, 2026
trump
Politics
‘I’d love to keep that a secret, Mr. President’: Trump’s boasts about Iran rescue flummox top advisors
By Jonathan J. Cooper, Konstantin Toropin, Farnoush Amiri and The Associated PressApril 7, 2026
AI is moving fast. CFOs have a narrow window to shape its value
Newsletters
AI is moving fast. CFOs have a narrow window to shape its value
By Sheryl EstradaApril 7, 2026
iran
Politics
Iran’s president says 14 million have offered to risk their lives just to stand up to Trump
By Bassem Mroue, David Rising, Samy Magdy and The Associated PressApril 7, 2026
felecia
Success
MacKenzie Scott rewrote the rules of philanthropy. Who will follow her lead?
By Felecia HatcherApril 7, 2026
Empty storefront street with shop local sign
Economy
Small businesses are ‘doing fine.’ That’s a problem, says the U.S. Chamber of Commerce
By Catherina GioinoApril 7, 2026
Exclusive: Crypto hedge fund Split Capital winds down as its founder nabs new gig as an exec at stablecoin startup Plasma
Crypto
Exclusive: Crypto hedge fund Split Capital winds down as its founder nabs new gig as an exec at stablecoin startup Plasma
By Ben WeissApril 7, 2026
Cybertruck parked in front of the SpaceX office
Newsletters
SpaceX, OpenAI, and Anthropic could reopen the IPO market—or drain it
By Lily Mae LazarusApril 7, 2026
Marvin Ellison
Success
Lowe’s is investing $250 million to train plumbers, carpenters, and electricians as its CEO says skilled trades are ‘critical to the future’
By Preston ForeApril 7, 2026
Peter McCrory, head of economics, Anthropic.
Big Tech
Anthropic economics chief talks about the jobs that could be killed by AI
By Jim EdwardsApril 7, 2026
Top CD rates on April 7, 2026: Lock in up to up to 4.20%
Personal Finance
Top CD rates on April 7, 2026: Lock in up to up to 4.20%
By Glen Luke FlanaganApril 7, 2026
The top high-yield savings rates: Up to 5.00% on April 7, 2026
Personal Finance
The top high-yield savings rates: Up to 5.00% on April 7, 2026
By Glen Luke FlanaganApril 7, 2026
Current ARM mortgage rates report for April 7, 2026
Personal Finance
Current ARM mortgage rates report for April 7, 2026
By Glen Luke FlanaganApril 7, 2026
Current refi mortgage rates report for April 7, 2026
Personal Finance
Current refi mortgage rates report for April 7, 2026
By Glen Luke FlanaganApril 7, 2026
Mortgage rates, April 7, 2026
Personal Finance
Mortgage rates, April 7, 2026
By Glen Luke FlanaganApril 7, 2026
Anthropic’s research shows that AI can already do a huge portion of many jobs; its top economist talks about how that could shape the future of work
Magazine
Anthropic’s research shows that AI can already do a huge portion of many jobs; its top economist talks about how that could shape the future of work
By Matthew Heimer and Nicolas RappApril 7, 2026
altman
AI
Sam Altman’s big pitch to fix the big AI mess sounds like Jamie Dimon’s: a 4-day workweek and a big new tax on rich people like him
By Jake AngeloApril 6, 2026
robot with drill in arm
AI
‘No one’s raising their hand’: Japan’s labor crisis is making the case for robots taking the jobs you don’t want
By Catherina GioinoApril 6, 2026
US President Donald Trump gestures as he speaks about the conflict in Iran in the James S. Brady Press Briefing Room of the White House on April 6, 2026, in Washington, DC.
Politics
Trump threatens to ‘take out’ all of Iran in one night. From blackout bombs to ‘discombobulators,’ here’s what that could actually mean
By Eva RoytburgApril 6, 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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