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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.
The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady
The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady

“Today, the labor market’s speed limit is much lower than just a few years ago, setting the stage for a jobless expansion.”

By Jason MaAugust 1, 2026
Amid fears of Iranian cyberattacks, Michigan joins Minnesota in reporting hackers targeted water systems. The FBI is now investigating
Amid fears of Iranian cyberattacks, Michigan joins Minnesota in reporting hackers targeted water systems. The FBI is now investigating
By Michael Casey and The Associated PressAugust 1, 2026
Fed Chair Kevin Warsh talks a big game, but this market indicator will tell you if Wall Street trusts him after he caused a ‘credibility shock’
Fed Chair Kevin Warsh talks a big game, but this market indicator will tell you if Wall Street trusts him after he caused a ‘credibility shock’
By Jason MaAugust 1, 2026
Bessent joins Japan to help reverse months of yen losses
Bessent joins Japan to help reverse months of yen losses
By Shintaro Inkyo, Masahiro Hidaka and BloombergAugust 1, 2026
Welcome to the mega-war: Mideast and European conflicts merge, sucking in more countries along the way—even ones claiming neutrality
Welcome to the mega-war: Mideast and European conflicts merge, sucking in more countries along the way—even ones claiming neutrality
By Jason MaAugust 1, 2026
Exxon, Chevron warn fuel prices to endure as war knocks refining
Exxon, Chevron warn fuel prices to endure as war knocks refining
By Kevin Crowley and BloombergAugust 1, 2026
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Economy
More in Economy
A dead SpaceX rocket that’s been adrift for over a year is about to slam into the moon, carving out a new crater with the equivalent of 3 tons of TNT
A dead SpaceX rocket that’s been adrift for over a year is about to slam into the moon, carving out a new crater with the equivalent of 3 tons of TNT

The stream of ejected material could stretch for several miles into space and remain visible to telescopes for tens of minutes.

By Marcia Dunn and The Associated PressAugust 1, 2026
Stocks finish wild month with Amazon rising, Apple sinking and Seoul’s best day ever resulting in a 22% loss

Amazon’s profit tripled while Apple’s supply crunch spooked investors, as oil and inflation fears kept Wall Street on edge all July.

By Stan Choe and The Associated PressAugust 1, 2026
Warsh considering reducing number of Fed meetings, NYT reports

Currently, Fed policymakers meet eight times a year for a two-day gathering.

By Enda Curran and BloombergJuly 31, 2026
Trump promised ‘rocket fuel.’ The economy got a ‘big yawn’ housing bill and higher debt than defense costs instead

Trump promised rate cuts; instead 10-year Treasury yields topped 4.7% and 30-year mortgage rates sit at 6.66%.

By Josh Boak and The Associated PressAugust 1, 2026
More in Economy
Banking
More in Banking
Anthony Scaramucci
Anthony Scaramucci: don’t let politics cost America the digital economy

I’ve been one of Trump’s most outspoken critics since my tenure in his White House. But this legislation evolved as lawmakers raised legitimate concerns.

By Anthony ScaramucciAugust 1, 2026
Wall Street’s hidden recruiting pipeline isn’t an Ivy League diploma—it’s the teammate who triples your odds of getting hired

A new study of more than 120,000 Ivy League graduates finds locker room ties, not diplomas, do the real gatekeeping into finance’s top firms

By Mia OsmonbekovAugust 1, 2026
The Fed did exactly what Wall Street was expecting—so why are markets so vexed by Kevin Warsh?

“You’re dealing with the Fed that the market is still trying to understand,” J.P. Morgan’s Alex Wolf tells Fortune.

By Eleanor PringleJuly 31, 2026
Kevin Warsh’s first big press conference shines a spotlight on confusion over how the Fed actually measures inflation

Is inflation 3.7% or 2.2%? It depends on which Federal Reserve number you believe.

By Brandy Hadley, D. Brian Blank and The ConversationJuly 31, 2026
More in Banking
Personal Finance
More in Personal Finance
You need $2 million to retire and ‘almost no one is close,’ BlackRock CEO warns, a problem that Gen X will make ‘harder and nastier’
You need $2 million to retire and ‘almost no one is close,’ BlackRock CEO warns, a problem that Gen X will make ‘harder and nastier’

Many Americans have less than $150,000 saved for retirement.

By Sydney LakeAugust 1, 2026
‘Retiring backwards’: How cold economic reality forced Gen X into something like the reverse of baby boomers’ golden years

Time to get the band back together and get on the skateboard. It’s a retirement plan from a thrift store.

By Nick LichtenbergJuly 31, 2026
Trump’s gift for 25 million seniors right before midterms: Medicare drug cost hikes

CMS is ending a subsidy that cut Part D premiums by $16 a month, with new rates landing in October, just before Election Day.

By Ali Swenson and The Associated PressJuly 31, 2026
Current price of gold as of July 31, 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 31, 2026
More in Personal Finance
Investing
More in Investing
cuban
Mark Cuban’s Las Vegas A’s investment is his ‘Sports 2.0’ Dallas Mavericks playbook all over again — with one key change

“The new model of baseball—or basketball, football—is teams becoming media companies and transcending a local marketplace,” Rashaun Williams told Fortune.

By Joshua HongJuly 31, 2026
After a nearly 1,000% surge, the AI debt orgy can’t last forever, while hidden borrowing has exploded to $1.65 trillion

“At some point, the rivers of capital financing private and government debt issuance will flow less freely.”

By Jason MaJuly 31, 2026
Microsoft’s best day in markets since 2008 shows the AI trade isn’t dead, just pickier

The New York Stock Exchange welcomed Danny DeVito and Eli Manning for the Jersey Mike’s IPO, then went on a ride.

By Stan Choe and The Associated PressJuly 31, 2026
Apple shows that AI winners don’t have to build the biggest models

A Fortune analysis looks at Apple’s strategy of skipping the AI infrastructure arms race.

By Sheryl EstradaJuly 31, 2026
More in Investing
Real Estate
More in Real Estate
Inside Miami’s ‘Billionaire Bunker,’ a man-made island for the .01% where billionaires like Jeff Bezos and Mark Zuckerberg shell out for total privacy
Inside Miami’s ‘Billionaire Bunker,’ a man-made island for the .01% where billionaires like Jeff Bezos and Mark Zuckerberg shell out for total privacy

A single bridge, 24/7 police, and $150M estates make Indian Creek in Miami America’s most exclusive enclave.

By Marco Quiroz-GutierrezAugust 1, 2026
Current ARM mortgage rates report for July 31, 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 31, 2026
Today’s home equity loan and HELOC rates, July 31, 2026

By staying on top of home equity loan and HELOC interest rates, you’ll recognize when it’s a good time to apply for these comparatively cheap borrowing options.

By Joseph HostetlerJuly 31, 2026
Current refi mortgage rates report for July 31, 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 31, 2026
More in Real Estate
Energy
More in Energy
Mike Wirth, chief executive officer of Chevron.
Chevron posts largest quarterly profit ever, and Exxon income surges as Iran war squeezes oil supply

The Big Oil giants are taking home near-record profits from high oil and fuel prices worldwide.

By Jordan BlumJuly 31, 2026
Chevron’s profit nearly quadrupled. Drivers are paying for it at $4 a gallon

Exxon and Chevron posted record quarters as the Strait of Hormuz conflict fueled shortages and a windfall-tax push in Congress.

By Cathy Bussewitz and The Associated PressJuly 31, 2026
Aliko Dangote is leaving one-third of his $35 billion fortune ‘to humanity’—a rare move among Africa’s billionaires

The pledge amounts to roughly $11.6 billion at today’s valuation, and could grow far larger once his oil refinery goes public.

By Sydney LakeJuly 30, 2026
Current price of oil as of July 31, 2026

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

By Joseph HostetlerJuly 31, 2026
More in Energy
Crypto
More in Crypto
A baseball player swinging his bat with two umpires behind him.
New York Mets tap Novig as prediction market partner as MLB embraces new betting sector

The deal will allow Novig to integrate across the Mets’ ecosystem and run league‑approved markets.

By Camila Grigera NaónJuly 30, 2026
Exclusive: Polymarket launches institute to fund independent academic research on prediction markets

The Polymarket Institute, which the company says is the first of its kind, will examine how event markets challenge traditional polling and projection models.

By Camila Grigera NaónJuly 29, 2026
Coinbase and Robinhood are in a heated battle rivalry—and this week’s Q2 earnings will show who has the edge

Robinhood has proved better at diversifying its revenue streams—but emerging fields of AI commerce and tokenized stocks will boost Coinbase in time.

By Jeff John RobertsJuly 28, 2026
White House teleprompter operator accused of cashing in on Kalshi no longer works for government, official says

Gabriel Perez had the president’s speeches before anyone else. He allegedly turned that into a Kalshi jackpot — and lost his job.

By Aamer Madhani and The Associated PressJuly 29, 2026
More in Crypto
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Trump blasts Pirro after she admitted Reflecting Pool damage was caused by botched installation and blamed Interior Dept. for not sharing information
Law
Trump blasts Pirro after she admitted Reflecting Pool damage was caused by botched installation and blamed Interior Dept. for not sharing information
By Aamer Madhani, Matthew Daly and The Associated PressAugust 1, 2026
Spain puts up a 1,600-foot sea barrier between Ceuta and Morocco after EU states warn against ‘uncontrolled mass crossings’
Politics
Spain puts up a 1,600-foot sea barrier between Ceuta and Morocco after EU states warn against ‘uncontrolled mass crossings’
By Suman Naishadham and The Associated PressAugust 1, 2026
Trump vows to restore his ‘Anti-Weaponization Fund’ a day after declaring it dead, while Tillis slams it as a ‘payout pot for punks’
Politics
Trump vows to restore his ‘Anti-Weaponization Fund’ a day after declaring it dead, while Tillis slams it as a ‘payout pot for punks’
By Eric Tucker and The Associated PressAugust 1, 2026
Elon Musk’s fortune slumps to pre-SpaceX IPO levels after rout
Big Tech
Elon Musk’s fortune slumps to pre-SpaceX IPO levels after rout
By Tom Maloney and BloombergAugust 1, 2026
After Trump threatens more strikes on Iran, Kuwait and Hormuz shipping face new attacks, while Israel hits Gaza despite Hamas pledge to disarm
Politics
After Trump threatens more strikes on Iran, Kuwait and Hormuz shipping face new attacks, while Israel hits Gaza despite Hamas pledge to disarm
By Samy Magdy, Aamer Madhani and The Associated PressAugust 1, 2026
A loneliness epidemic is creating a new type of third space: the one built around curiosity
Success
A loneliness epidemic is creating a new type of third space: the one built around curiosity
By Tatiana SatauaAugust 1, 2026
Jensen Huang
Success
Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction will soon be unlocked because someone needs to build new AI centers
By Preston ForeAugust 1, 2026
f
Environment
France’s largest peacetime evacuation ends — with new fires erupting elsewhere
By Thomas Adamson, Nicolas Garriga and The Associated PressAugust 1, 2026
More Finance
Asia’s aging population doesn’t have to be a fiscal burden. With smart planning, it can be a growth opportunity
Commentary
Asia’s aging population doesn’t have to be a fiscal burden. With smart planning, it can be a growth opportunity
By Runchana Pongsaparn and Koon Hui TeeJuly 31, 2026
  • (l-r) Trinity Celeste Tatum, Bryce Alakai Dettloff
    Economy
    Love Island contestants will spend their winnings on bills and loans because $100K just doesn’t go that far anymore
    By Eleanor PringleJuly 30, 2026
bernie
AI
16 Nobel laureates just warned AI could displace workers. Bernie thinks a sovereign wealth fund may be the answer
By Patrick J. Schena and The ConversationJuly 31, 2026
jesus
Economy
‘Jesus was a socialist’: some Democrats bid to make their populist movement a religious left moment
By Krysta Fauria and The Associated PressJuly 31, 2026
mamdani
Banking
Democrats squirm as ‘defund the police’ stances from 2020 come back to haunt them
By Matt Brown, Anthony Izaguirre, Scott Bauer and The Associated PressJuly 31, 2026
s
Environment
Climate change made Spain’s wildfires 20 times more likely, study finds
By Seth Borenstein and The Associated PressJuly 31, 2026
product
AI
Fed study: AI’s slow productivity story fits a century-old historical pattern
By Nick LichtenbergJuly 31, 2026
  • Top CD rates from major banks July 30, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
    Personal Finance
    Top CD rates from major banks on July 30, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
    By Joseph HostetlerJuly 30, 2026
zelter
Commentary
Apollo President: America’s industrial comeback requires  a new financial playbook and a fatter checkbook
By Jim ZelterJuly 31, 2026
Top CD rates from major banks July 31, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on July 31, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJuly 31, 2026
Current price of Ethereum for July 31, 2026
Personal Finance
Current price of Ethereum for July 31, 2026
By Joseph HostetlerJuly 31, 2026
Current price of Bitcoin for July 31, 2026
Personal Finance
Current price of Bitcoin for July 31, 2026
By Joseph HostetlerJuly 31, 2026
Current price of silver as of Friday, July 31, 2026
Personal Finance
Current price of silver as of Friday, July 31, 2026
By Joseph HostetlerJuly 31, 2026
  • Current price of Ethereum for July 30, 2026
    Personal Finance
    Current price of Ethereum for July 30, 2026
    By Joseph HostetlerJuly 30, 2026
trader
Commentary
The rise of financial nihilism in retail traders
By Derek HorstmeyerJuly 31, 2026
Today’s top high-yield savings rates: Up to 4.50% on July 31, 2026
Personal Finance
Today’s top high-yield savings rates: Up to 4.50% on July 31, 2026
By Glen Luke FlanaganJuly 31, 2026
Top CD rates today, July 31, 2026: Lock in up to up to 4.45%
Personal Finance
Top CD rates today, July 31, 2026: Lock in up to up to 4.45%
By Glen Luke FlanaganJuly 31, 2026
boom
Personal Finance
Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar
By Nick LichtenbergJuly 31, 2026
Mortgage rates today, July 31, 2026
Personal Finance
Mortgage rates today, July 31, 2026
By Glen Luke FlanaganJuly 31, 2026
Man in a suit gesturing
Big Tech
Andy Jassy said Amazon will spend $220 billion this year—and still won’t have enough capacity to meet demand
By Amanda GerutJuly 30, 2026
Asia drives 60% of global growth, but the region’s CEOs can’t escape geopolitics. Here’s how they can stay competitive
Commentary
Asia drives 60% of global growth, but the region’s CEOs can’t escape geopolitics. Here’s how they can stay competitive
By Yasushi SasakiJuly 30, 2026
nyse
Investing
Microsoft’s $480 billion rally fuels a debate: Financial nihilism or the true AI moat finally coming into view?
By Nick LichtenbergJuly 30, 2026
Man with glasses and a black collared shirt
Big Tech
Microsoft’s stock has biggest one-day gain since 2008, adding $480 billion in market value as cloud business booms
By Amanda GerutJuly 30, 2026
Jeff Bezos could add to the swelling ranks of American billionaires in English soccer
C-Suite
Jeff Bezos could add to the swelling ranks of American billionaires in English soccer
By Marco Quiroz-GutierrezJuly 30, 2026
nyse
AI
Nearly a third of workers admit to sabotaging their company’s AI—and smaller paychecks may explain why
By Nick LichtenbergJuly 30, 2026
American couple walking in front of London mansion
Success
Ultra-rich are buying up $49 million mansions in London, with ‘Trump unease’ generating a 10% rise in Americans investing in Britain
By Emma BurleighJuly 30, 2026
t
Economy
‘What planet are you on?’ Voters, pollsters mystified by Trump’s tariffs boasts in Michigan
By Jacqueline Ganun, Will Weissert and The Associated PressJuly 30, 2026
People pass the New York Stock Exchange on the street.
Big Tech
Microsoft leads stock comeback from Wednesday carnage
By Stan Choe and The Associated PressJuly 30, 2026
Bank of England (BoE) Governor Andrew Bailey, right, and BoE Deputy Governor Clare Lombardelli attend the Monetary Policy Report press conference.
Banking
Bank of England keeps interest rates at 3.75% for fifth time this year
By The Associated Press and Danica KirkaJuly 30, 2026
Getting started with QuickBooks Bill Pay
Personal Finance
Getting started with QuickBooks Bill Pay
By Joseph HostetlerJuly 30, 2026
Current price of gold as of July 30, 2026
Personal Finance
Current price of gold as of July 30, 2026
By Danny BakstJuly 30, 2026
u
North America
Urban League’s 50th annual ‘State of Black America’ argues Trump is trying to ‘kill the essence of the American dream’
By Matt Brown and The Associated PressJuly 30, 2026
warsh
Economy
Sluggish third-quarter economy revealed as GDP falls to 1.5%
By Paul Wiseman and The Associated PressJuly 30, 2026
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Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction will soon be unlocked because someone needs to build new AI centersplaceholder alt text
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