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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.
Home Depot rides America’s housing affordability problem to sales increase on home DIY projects
Home Depot rides America’s housing affordability problem to sales increase on home DIY projects

Revenue climbed to $47.86 billion and U.S. comparable sales rose 1.3%, but big-ticket renovations fell as high borrowing costs persist

By The Associated Press and Michelle ChapmanAugust 18, 2026
Data center gas plants to boost U.S. power emissions by 20%
Data center gas plants to boost U.S. power emissions by 20%
By Matt Day, Mark Chediak and BloombergAugust 18, 2026
Biden’s favor to Trump on cheaper drug prices includes a largely forgotten law to make Medicare more powerful
Biden’s favor to Trump on cheaper drug prices includes a largely forgotten law to make Medicare more powerful
By The Associated Press and Ali SwensonAugust 18, 2026
m
Financial adulthood has moved to the 30s: ‘the decade when people come to terms with where they are in life’
By Nick LichtenbergAugust 18, 2026
Current price of gold as of August 18, 2026
Current price of gold as of August 18, 2026
By Danny BakstAugust 18, 2026
The most important AI habit I have is making one phone call a day
The most important AI habit I have is making one phone call a day
By Maria ColacurcioAugust 18, 2026
Fortune banner
Economy
More in Economy
California’s billionaires just poured $40 million into blocking a wealth tax that threatens to force them to pay 5% of their net worth
California’s billionaires just poured $40 million into blocking a wealth tax that threatens to force them to pay 5% of their net worth

Billionaires have amassed a nine-figure war chest to defeat Proposition 40 as polls show California voters are nearly split on the one-time tax.

By Marco Quiroz-GutierrezAugust 18, 2026
‘Only idiot startup founders stay in Cali’: Mark Cuban rips billionaire tax—and opens a rift inside the Democratic Party

The business mogul fired shots at the Democratic economic patriot over concerns of taxing young startup companies out of California.

By Joshua HongAugust 17, 2026
Walmart, Target and Home Depot set to give Wall Street a peek at the American consumer, one week after stocks’ all-time high

Walmart, Target, Home Depot and Lowe’s report earnings this week after the steepest drop in U.S. retail spending in more than a year.

By Elaine Kurtenbach, Michelle Chapman and The Associated PressAugust 17, 2026
Trump pivoted from bombs to an economic war against Iran. But Tehran is now ‘fully offensive’ and doesn’t think the real fighting has even started yet

Unless the U.S. implements the June ceasefire deal in a few weeks, Iran will launch a “timely and precise” ​attack to break the blockade, an Iranian official told Reuters.

By Jason MaAugust 17, 2026
More in Economy
Banking
More in Banking
Top CD rates from major banks Aug. 18, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Top CD rates from major banks on August 18, 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 HostetlerAugust 18, 2026
Today’s top high-yield savings rates: Up to 4.50% on Aug. 18, 2026

Some high-yield savings accounts are still offering rates around 5%. Check out our ranking of the highest savings account rates available today.

By Glen Luke FlanaganAugust 18, 2026
The pandemic loan was for a tire shop. Prosecutors say it helped elect a mayor

Lawrence Mayor Brian DePena allegedly routed $90,000 of a $1.5 million small-business loan into his 2021 campaign while paying off property debt and taxes.

By Michael Casey and The Associated PressAugust 17, 2026
The ‘Jamie premium’ nears $1 trillion as JP Morgan flirts with historic market valuation

CEO Jamie Dimon has spent two decades building JP Morgan into the lion of Wall Street. Its market cap was $138 billion when he took over

By Mia OsmonbekovAugust 17, 2026
More in Banking
Personal Finance
More in Personal Finance
Current price of Ethereum for Aug. 18, 2026
Current price of Ethereum for August 18, 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 HostetlerAugust 18, 2026
Current price of Bitcoin for August 18, 2026

Bitcoin is the original cryptocurrency and remains the most popular crypto coin on the market.

By Joseph HostetlerAugust 18, 2026
Current price of silver as of Tuesday, August 18, 2026

Silver is a (comparatively) safe and reliable asset that can help you to preserve the value of your money during times of inflation.

By Joseph HostetlerAugust 18, 2026
Current price of oil as of August 18, 2026

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

By Joseph HostetlerAugust 18, 2026
More in Personal Finance
Investing
More in Investing
Is it better to pay off your mortgage early or invest?
Is it better to pay off your mortgage early or invest?

Wondering whether to pay off your mortgage early or invest your extra money? Here’s a simple framework to figure out the right answer for your situation.

By Joseph HostetlerAugust 17, 2026
Current price of Ethereum for August 17, 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 HostetlerAugust 17, 2026
Current price of oil as of August 17, 2026

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

By Joseph HostetlerAugust 17, 2026
Current price of Bitcoin for August 17, 2026

Bitcoin is the original cryptocurrency and remains the most popular crypto coin on the market.

By Joseph HostetlerAugust 17, 2026
More in Investing
Real Estate
More in Real Estate
Mortgage rates today, Aug. 18, 2026
Mortgage rates today, Aug. 18, 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 FlanaganAugust 18, 2026
Current refi mortgage rates report for Aug. 18, 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 FlanaganAugust 18, 2026
Today’s home equity loan and HELOC rates, August 18, 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 HostetlerAugust 18, 2026
Current ARM mortgage rates report for Aug. 18, 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 FlanaganAugust 18, 2026
More in Real Estate
Energy
More in Energy
BANDAR ABBAS, IRAN - A person wades in the water as ships are seen anchored in the Strait of Hormuz on Aug. 10, 2026 off the coast of Bandar Abbas, Iran. In a recent statement, Iran's Supreme National Security Council said the vital waterway would not reopen until the United States corrects its behavior, demanding that the U.S. end its war on Iran and compensate the country for war damage, among other conditions. Iran has largely halted vessel traffic through the strait with the threat of strikes; meanwhile, the U.S. has imposed a blockade on Iranian ports.
The global ‘freedom of the seas’ is dying in the Strait of Hormuz—and everyone, everywhere, could pay the tolls

Iran forcing a fee structure in the Strait of Hormuz may trigger a global domino effect.

By Jordan BlumAugust 18, 2026
U.S. strategic reserves are getting so low the drawdown threatens to damage the 60 underground salt caverns storing American oil

“We should be highly concerned about the integrity of the caverns anytime crude inventories drop below 300 million barrels,” one petroleum engineering professor warned.

By Sasha RogelbergAugust 17, 2026
Covert mideast oil flows are keeping global prices in check

The trade of ferrying oil through the Strait of Hormuz undetected to transfer the barrels onto tankers in the Gulf of Oman is running at full tilt.

By Alex Longley, Anthony Di Paola, Grant Smith, Weilun Soon and BloombergAugust 16, 2026
Trump’s Venezuela fixer is promoting ‘America First’ oil deals

Seven months after Maduro’s capture, Alejandro Betancourt, dogged by probes, is now brokering access for wildcatters as major US oil companies balk

By Fabiola Zerpa, Ezra Fieser, Patricia Garip, Ben Bartenstein and BloombergAugust 17, 2026
More in Energy
Crypto
More in Crypto
Tether has the gold. Now, CEO Paolo Ardoino is making a bold push into AI
Tether has the gold. Now, CEO Paolo Ardoino is making a bold push into AI

A KPMG audit appears to establish the legitimacy of Tether’s reserves. Meanwhile, the company’s ambitions are scaling far beyond crypto.

By Jeff John RobertsAugust 17, 2026
‘The great quantum migration’ is coming as more than $2 trillion in digital assets is at risk—nearly the entire value of the overall crypto market

According to Quantus CEO Christoper Smith, digital assets are secured by elliptic-curve cryptography that is vulnerable to quantum computing.

By Joshua HongAugust 15, 2026
Prediction markets’ reputation comes back to earth after surprise result in Wisconsin

Kalshi and Polymarket gave Francesca Hong roughly a 95% chance of winning on the eve of the primary, before David Crowley’s upset.

By Camila Grigera NaónAugust 13, 2026
Billionaire Joshua Kushner just bought the Lakers for $12.5 billion—OpenAI’s Sam Altman once said he ‘doesn’t care’ what others think

As Joshua Kushner and Bob Iger close in on a record $12.5 billion Lakers deal, OpenAI CEO Sam Altman once said Kushner makes ‘high-conviction bets’.

By Orianna Rosa RoyleAugust 14, 2026
More in Crypto
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Top CD rates today, Aug. 18, 2026: Lock in up to up to 4.50%
Personal Finance
Top CD rates today, Aug. 18, 2026: Lock in up to up to 4.50%
By Glen Luke FlanaganAugust 18, 2026
  • Scott Bessent fired a currency bazooka, but global finance still looks like a ‘giant Jenga tower’ propped up by a Japanese yen that’s in deep trouble
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57 Trump officials are worth $100 million or more—quadruple the combined total of the last three presidents
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57 Trump officials are worth $100 million or more—quadruple the combined total of the last three presidents
By The Associated Press and Thomas BeaumontAugust 17, 2026
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Billionaire Gen Zer dropped out of high school to launch his startup at 17—now he’s the richest self-made 25-year-old in the U.K and all of Europe
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Canadian auto billionaire’s fortune doubles even with US tariffs
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Canadian auto billionaire’s fortune doubles even with US tariffs
By Ari Altstedter and BloombergAugust 17, 2026
Current price of gold as of August 17, 2026
Personal Finance
Current price of gold as of August 17, 2026
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  • Tariff refunds are juicing corporate profits and GDP as more tailwinds converge to propel growth to a blistering 4.3% pace, top economist says
    Economy
    Tariff refunds are juicing corporate profits and GDP as more tailwinds converge to propel growth to a blistering 4.3% pace, top economist says
    By Jason MaAugust 15, 2026
j
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Japan’s economy notches 1.1% growth rate as spending dips 1.2% and PM sinks in polling
By Yuri Kageyama and The Associated PressAugust 17, 2026
lp
Environment
Lake Powell, America’s second-largest reservoir, is 30 feet from a hydropower shutdown
By The Associated PressAugust 17, 2026
Top CD rates from major banks Aug. 17, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on August 17, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerAugust 17, 2026
Top CD rates on Aug. 17, 2026: Lock in up to up to 4.50%
Personal Finance
Top CD rates on Aug. 17, 2026: Lock in up to up to 4.50%
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The top high-yield savings rates: Up to 4.50% on Aug. 17, 2026
By Glen Luke FlanaganAugust 17, 2026
  • Iran business leader admits U.S. blockade will inflict more economic damage than war, and the ‘worst thing that could happen’ is trying to evade it
    Middle East
    Iran business leader admits U.S. blockade will inflict more economic damage than war, and the ‘worst thing that could happen’ is trying to evade it
    By Jason MaAugust 15, 2026
Current price of silver as of Monday, Aug. 17, 2026
Personal Finance
Current price of silver as of Monday, August 17, 2026
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Mortgage rates, Aug. 17, 2026
Personal Finance
Mortgage rates, Aug. 17, 2026
By Glen Luke FlanaganAugust 17, 2026
Current refi mortgage rates report for Aug. 17, 2026
Personal Finance
Current refi mortgage rates report for Aug. 17, 2026
By Glen Luke FlanaganAugust 17, 2026
Current ARM mortgage rates report for Aug. 17, 2026
Personal Finance
Current ARM mortgage rates report for Aug. 17, 2026
By Glen Luke FlanaganAugust 17, 2026
Home equity loan and HELOC rates: Aug. 17, 2026
Personal Finance
Today’s home equity loan and HELOC rates, August 17, 2026
By Joseph HostetlerAugust 17, 2026
US probe on Mark Walter focused on four intermediaries, WSJ says
Investing
US probe on Mark Walter focused on four intermediaries, WSJ says
By Se Young Lee and BloombergAugust 16, 2026
Skyrocketing beef prices finally have Americans reaching their spending limit
Retail
Skyrocketing beef prices finally have Americans reaching their spending limit
By Ilena Peng and BloombergAugust 16, 2026
Dimon warns UK’s Healey against raising taxes on banks, FT says
Economy
Dimon warns UK’s Healey against raising taxes on banks, FT says
By Tony Czuczka and BloombergAugust 16, 2026
Owning the Lakers would provide billionaire investor Joshua Kushner with an iconic sports franchise — and a ‘powerful tax shield’
Investing
Owning the Lakers would provide billionaire investor Joshua Kushner with an iconic sports franchise — and a ‘powerful tax shield’
By Jason MaAugust 16, 2026
‘It was like a godsend’ —GLP-1 drugs show promise against hormonal disorder that causes constant weight gain and forces women to shave facial hair
Health
‘It was like a godsend’ —GLP-1 drugs show promise against hormonal disorder that causes constant weight gain and forces women to shave facial hair
By Laura Ungar and The Associated PressAugust 16, 2026
Berkshire Hathaway buys more homebuilder stocks but slashes stakes in banks and dumps all its holdings in alcoholic beverage maker
Investing
Berkshire Hathaway buys more homebuilder stocks but slashes stakes in banks and dumps all its holdings in alcoholic beverage maker
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Earnings from Walmart and other top retailers will give investors more clues on the housing market and how consumers are grappling with inflation
Retail
Earnings from Walmart and other top retailers will give investors more clues on the housing market and how consumers are grappling with inflation
By The Associated PressAugust 16, 2026
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Success
Meet the self-made billionaire who bought a nearly bankrupt company off Warren Buffett for $1,000 and turned it into a $85 billion giant
By Emma BurleighAugust 16, 2026
The $124 trillion Great Wealth Transfer is fully underway—but nonprofits are ‘paralyzed’ by how to chase millennials’ newfound wealth
Success
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Arts & Entertainment
Candace Bushnell on AI, creativity and why originality still wins
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President Donald Trump boards Air Force One on August 9, 2026 at Morristown Airport in Morristown, New Jersey.
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Personal Finance
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