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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
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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 95 of 100
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
  • The beauty counter is now on your For You page as Ulta Beauty joins TikTok Shop, betting on the platform reshaping how America consumes
    Retail
    The beauty counter is now on your For You page as Ulta Beauty joins TikTok Shop, betting on the platform reshaping how America consumes
    By Catherina GioinoMarch 31, 2026
Current price of Bitcoin for April 1, 2026
Personal Finance
Current price of Bitcoin for April 1, 2026
By Joseph HostetlerApril 1, 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 price of oil as of April 1, 2026
Personal Finance
Current price of oil as of April 1, 2026
By Joseph HostetlerApril 1, 2026
Current price of silver as of Wednesday, April 1, 2026
Personal Finance
Current price of silver as of Wednesday, April 1, 2026
By Joseph HostetlerApril 1, 2026
Elon Musk’s coterie of companies are getting more and more pushback from Democrats
Newsletters
Elon Musk’s coterie of companies are getting more and more pushback from Democrats
By Jessica MathewsApril 1, 2026
  • Photo of Kevin O'Leary
    Personal Finance
    Kevin O’Leary says if you earn $68,000 a year and follow this rule, you’ll retire a millionaire
    By Sydney LakeMarch 31, 2026
Late Apple cofounder Steve Jobs
Success
Steve Jobs sold his Volkswagen to raise $1,300 for Apple’s first computer. He became a millionaire just two years later at 23
By Emma BurleighApril 1, 2026
An Athens listing has created the world’s second largest gaming company. Finally, Europe has a No. 2 global player 
Europe
An Athens listing has created the world’s second largest gaming company. Finally, Europe has a No. 2 global player 
By Kamal AhmedApril 1, 2026
Steve Jobs behind a Nemo sign
Success
Steve Jobs didn’t actually become a billionaire thanks to leading Apple—but rather from his work with a film company he bought off George Lucas
By Preston ForeApril 1, 2026
Over the shoulder view of young woman managing finance and investment, analyzing stock market data on laptop at desk. Stock exchange, banking, finance, investment, financial trading concept. Smart banking with technology
Newsletters
More people are using AI to manage their money— but they won’t let it make decisions alone
By Sheryl EstradaApril 1, 2026
Top CD rates on April 1, 2026: Lock in up to up to 4.20%
Personal Finance
Top CD rates on April 1, 2026: Lock in up to up to 4.20%
By Glen Luke FlanaganApril 1, 2026
  • Parent with Gen Z adult kid talking about money
    Success
    Two-thirds of parents say their adult Gen Z kids still rely on them financially  for support—even though it’s putting them under strain
    By Emma BurleighMarch 31, 2026
The top high-yield savings rates: Up to 5.00% on April 1, 2026
Personal Finance
The top high-yield savings rates: Up to 5.00% on April 1, 2026
By Glen Luke FlanaganApril 1, 2026
Photo: Donald and Melania Trump.
Politics
Trump has no good options in Iran—here are 5 of them ahead of his speech to the nation tonight
By Jim EdwardsApril 1, 2026
The Iran war is accelerating plans for Southeast Asia to go nuclear. Experts say it won’t be easy
Energy
The Iran war is accelerating plans for Southeast Asia to go nuclear. Experts say it won’t be easy
By Angelica AngApril 1, 2026
The more women earn, the more housework they do: Inside the paradox a Wharton economist calls ‘an existential problem for men’
Success
The more women earn, the more housework they do: Inside the paradox a Wharton economist calls ‘an existential problem for men’
By Catherina GioinoApril 1, 2026
Current refi mortgage rates report for April 1, 2026
Personal Finance
Current refi mortgage rates report for April 1, 2026
By Glen Luke FlanaganApril 1, 2026
Current ARM mortgage rates report for April 1, 2026
Personal Finance
Current ARM mortgage rates report for April 1, 2026
By Glen Luke FlanaganApril 1, 2026
Mortgage rates, April 1, 2026
Personal Finance
Mortgage rates, April 1, 2026
By Glen Luke FlanaganApril 1, 2026
sheryl
Health
Sheryl Sandberg tapped a 25-year-old to run Lean In. Here’s her plan to close the AI gender gap
By Jacqueline MunisApril 1, 2026
MUSCAT, OMAN - MARCH 22: The Albina Bulk carrier sits anchored on March 22, 2026 at Sultan Qaboos Port in Muscat, Oman.President Donald Trump had threatened to attack Iran's energy infrastructure if it did not end its de facto blockade of the Strait of Hormuz by just before midnight GMT of March 23. A subsequent statement from President Trump said the U.S. and Iran had held "very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East," and that he would postpone any attacks on Iranian energy infrastructure for five days. Maritime traffic through the strait, which conveys about 20% of the world's oil and gas, has mostly come to a halt after the joint U.S.-Israeli war with Iran that began on February 28.
Energy
Trump has a labyrinth of bad options in the Strait of Hormuz. Here’s why some warn that walking away could transcend ‘our defeat in Vietnam’
By Jordan BlumMarch 31, 2026
Bernard Looney, CEO of Prometheus Hyperscale
Energy
Former BP CEO takes over Wyoming data center developer, as first woman leader of Big Oil giant becomes new BP chief
By Jordan BlumMarch 31, 2026
Wall Street just had its best day in nearly a year over a rumor
Economy
Wall Street just had its best day in nearly a year over a rumor
By Eva RoytburgMarch 31, 2026
Bobby Witt Jr. throws a baseball. He is standing in front of a FanDuel sign on a baseball field.
Banking
Credit card delinquencies among millennials and Gen Z have soared because of sports betting—even in states where it’s illegal, new Fed study finds
By Sasha RogelbergMarch 31, 2026
hegseth
Energy
‘Go get your own oil’: Trump’s message to allies who haven’t backed war in Iran
By Jon Gambrell, Mike Corder, Darlene Superville and The Associated PressMarch 31, 2026
walmart shoppers
Economy
A Wall Street vet’s Walmart recession indicator just hit its highest point since 2008—and he says the fear ‘just keeps multiplying’
By Jake AngeloMarch 31, 2026
brian
Commentary
The real engine of innovation is trust
By Brian DoublesMarch 31, 2026
houthi
Energy
The Strait of Hormuz crisis is drawing eyes to another point nearby: ‘the Gate of Tears’
By Flavio Macau and The ConversationMarch 31, 2026
Mother and daughter using laptop at swimming pool area
Success
More parents are done pushing college. 1 in 3 are now betting on trade school instead
By Sydney LakeMarch 31, 2026
man plays bass on stage
Crypto
Fresh off victory over cops in ‘Lemon Pound Cake’ trial, Afroman heads to address Bitcoin’s biggest gathering
By Carlos GarciaMarch 31, 2026
Hiring just hit a level not seen since the economy was ‘closed down literally’ during COVID, top economist says
Economy
Hiring just hit a level not seen since the economy was ‘closed down literally’ during COVID, top economist says
By Eva RoytburgMarch 31, 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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