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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 94 of 100
Nima Ghamsari smiles
Newsletters
Blend’s post-IPO reset: CEO Nima Ghamsari bets that AI can turn it all around
By Lily Mae LazarusApril 2, 2026
  • Top CD rates from major banks April 1, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
    Personal Finance
    Top CD rates from major banks on April 1, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
    By Joseph HostetlerApril 1, 2026
Photo: President Trump
Big Tech
Trump hails ‘tremendous progress’ in Iran but all Wall Street heard was ‘back to escalation’
By Jim EdwardsApril 2, 2026
Here’s why King Charles is coming to America. And it is not the reason the president thinks 
Europe
Here’s why King Charles is coming to America. And it is not the reason the president thinks 
By Kamal AhmedApril 2, 2026
Top CD rates on April 2, 2026: Lock in up to up to 4.20%
Personal Finance
Top CD rates on April 2, 2026: Lock in up to up to 4.20%
By Glen Luke FlanaganApril 2, 2026
The top high-yield savings rates: Up to 5.00% on April 2, 2026
Personal Finance
The top high-yield savings rates: Up to 5.00% on April 2, 2026
By Glen Luke FlanaganApril 2, 2026
Have a strong brand in a world of noise—it’s like having the only red T-shirt in a stadium full of white ones
Magazine
Have a strong brand in a world of noise—it’s like having the only red T-shirt in a stadium full of white ones
By Kamal AhmedApril 2, 2026
  • Current price of Bitcoin for April 1, 2026
    Personal Finance
    Current price of Bitcoin for April 1, 2026
    By Joseph HostetlerApril 1, 2026
Prediction markets have sparked a golden age of insider trading—but the party may be coming to an end
Investing
Prediction markets have sparked a golden age of insider trading—but the party may be coming to an end
By Jeff John RobertsApril 2, 2026
Asian markets drop after Trump signals he’ll bomb Iran ‘back to the stone ages,’ tells other countries to ‘take the lead’ in reopening Hormuz
Asia
Asian markets drop after Trump signals he’ll bomb Iran ‘back to the stone ages,’ tells other countries to ‘take the lead’ in reopening Hormuz
By Nicholas GordonApril 2, 2026
The tax escape map: Billionaires are bolting for Florida from the West Coast and taking billions in tax revenue with them
Real Estate
The tax escape map: Billionaires are bolting for Florida from the West Coast and taking billions in tax revenue with them
By Marco Quiroz-GutierrezApril 2, 2026
Mortgage rates, April 2, 2026
Personal Finance
Mortgage rates, April 2, 2026
By Glen Luke FlanaganApril 2, 2026
Current refi mortgage rates report for April 2, 2026
Personal Finance
Current refi mortgage rates report for April 2, 2026
By Glen Luke FlanaganApril 2, 2026
  • Current price of Ethereum for April 1, 2026
    Personal Finance
    Current price of Ethereum for April 1, 2026
    By Joseph HostetlerApril 1, 2026
Current ARM mortgage rates report for April 2, 2026
Personal Finance
Current ARM mortgage rates report for April 2, 2026
By Glen Luke FlanaganApril 2, 2026
elon
Commentary
The SpaceX IPO is great — but it won’t deliver 100x returns 
By Jeffrey StewartApril 1, 2026
Macquarie bets impact investing can fill an Asian financial access gap for the ‘missing middle’
Asia
Macquarie bets impact investing can fill an Asian financial access gap for the ‘missing middle’
By Nicholas GordonApril 1, 2026
Trump at a podium
Politics
Trump will address the nation about the Iran war on Wednesday. Here’s what to expect
By Eva RoytburgApril 1, 2026
Deutsche Bank asked AI if it’s true that AI will solve the economy’s inflation problems. The robots answered
Economy
Deutsche Bank asked AI if it’s true that AI will solve the economy’s inflation problems. The robots answered
By Nick LichtenbergApril 1, 2026
jetblue
Travel & Leisure
JetBlue hikes checked bag fees as much as $9 on war in Iran
By Rio Yamat and The Associated PressApril 1, 2026
lin bin
North America
Chinese billionaire buys 1% stake in the Miami Dolphins at record $12.5 billion valuation
By The Associated PressApril 1, 2026
retail sales
Economy
Retail sales tick up 0.6% in February before Iran war, gas price spike
By Anne D'Innocenzio and The Associated PressApril 1, 2026
Mike Wirth, chief executive officer of Chevron.
Energy
Microsoft and Chevron enter exclusivity deal on powering West Texas AI data center complex
By Jordan BlumApril 1, 2026
jamie dimon
Workplace Culture
Jamie Dimon, office-work champion, vows his anti-remote culture ‘would crush you.’ The economy’s top talent begs to differ
By Jake AngeloApril 1, 2026
A chip research center site operations manager stands next to a window overlooking the facility.
Environment
Data centers are so hot their ‘heat island’ effect is raising temperatures up to 6 miles away and impacting 343 million people worldwide, study finds
By Sasha RogelbergApril 1, 2026
Gen Z shoppers are actually more deliberate than baby boomers and agonize over their cart for days
Retail
Gen Z shoppers are actually more deliberate than baby boomers and agonize over their cart for days
By Jeena Sharma and Retail BrewApril 1, 2026
Shayne Coplan sits.
Investing
New top federal enforcer has his sights set on ending insider trading in prediction markets
By Jacqueline MunisApril 1, 2026
receipts
Economy
‘Inflationary surge’: Fed economists warn AI hype is overheating the economy whether or not the technology ever delivers
By Jake AngeloApril 1, 2026
AI
AI
AI is saving workers up to an hour a day—but Goldman Sachs says 80% of companies aren’t using it yet
By Nick LichtenbergApril 1, 2026
Exclusive: Paradigm, a major investor in Kalshi, is building its own prediction markets trading terminal, sources say
Crypto
Exclusive: Paradigm, a major investor in Kalshi, is building its own prediction markets trading terminal, sources say
By Ben WeissApril 1, 2026
Current price of gold as of April 1, 2026
Personal Finance
Current price of gold as of April 1, 2026
By Danny BakstApril 1, 2026
COVID gave us hybrid work. The Iran war might give us a four-day week—and this time, experts say it could stick
Success
COVID gave us hybrid work. The Iran war might give us a four-day week—and this time, experts say it could stick
By Orianna Rosa RoyleApril 1, 2026
trump
Commentary
The EPA just valued a human life at $0. That’s not just a moral crisis — it’s a market crisis
By Andrew BeharApril 1, 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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