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Sign up for Coins2Day’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.
Indonesia’s Danantara bets a new $6 billion SOE can save a textile industry from Trump tariffs and foreign competition

Yet some experts worry the new state textile giant could end up being a “dominant rival” to smaller players in the industry.

By Angelica AngFebruary 2, 2026
karp
‘We are an n of 1’: Palantir hails ‘incredible’ earnings as stock rockets nearly 8% after hours
By Nick LichtenbergFebruary 2, 2026
Man speaking with a blue background.
Elon Musk’s SpaceX buys xAI in stunning deal valued at $1.25 trillion ahead of looming IPO
By Amanda GerutFebruary 2, 2026
altman
Oracle said it was ‘highly confident in OpenAI’s ability to raise funds and meet its commitments.’ Cue the stock fall
By Eva RoytburgFebruary 2, 2026
The Ally logo on a green layered background.
Ally Bank CD rates 2026
By Joseph HostetlerFebruary 2, 2026
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Economy
More in Economy
Andy Jassy speaks onstage.
If AI is roiling the job market, the data isn’t showing it, Yale Budget Lab report says, raising questions of ‘AI-washing’ to justify mass layoffs

Some analysts have projected AI will displace 7% of U.S. workers. Yale economists said it’s just too early to tell.

By Sasha RogelbergFebruary 2, 2026
Trump hails Modi breakthrough, cutting tariffs with India cutting back on Russian oil

“This will help END THE WAR in Ukraine, which is taking place right now, with thousands of people dying each and every week!” Trump said.

By Josh Boak, Aamer Madhani, Rajesh Roy and The Associated PressFebruary 2, 2026
Why Bitcoin is in a bear market: Analyst points to 3 factors after currency swoons below $75,000

The original cryptocurrency recovered slightly on Monday.

By Carlos GarciaFebruary 2, 2026
More in Economy
Banking
More in Banking
Personal loan APRs on Feb. 2, 2026

Whether you need to cover an emergency expense or fund a project, a personal loan might be the right tool for the job.

By Glen Luke FlanaganFebruary 2, 2026
Northern Bank Direct review 2026: Great returns for your CD and MMA accounts

With limited account types, is Northern Bank Direct a fit for your financial strategy? Here’s what you need to know.

By Joseph HostetlerFebruary 2, 2026
‘FOMO’ trade finally loses steam as gold and silver sink on Warsh nomination

“Price action had long since detached from any sane discussion on debasement, but it often takes only a small ripple to trigger a broader correction,” noted Deutsche Bank’s Jim Reid.

By Eleanor PringleFebruary 2, 2026
More in Banking
Personal Finance
More in Personal Finance
The First National Bank of America logo on a green layered background.
First National Bank of America CD rates 2026: High APYs and terms up to 10 years

It’s not often that a full-service bank can tango with sky-high CD rates offered by many digital financial institutions.

By Joseph HostetlerFebruary 2, 2026
Marcus by Goldman Sachs CD rates 2026

While you won’t find many products at Marcus by Goldman Sachs, it offers a chance to earn interest at generous rates with its certificates of deposit.

By Joseph HostetlerFebruary 2, 2026
UMB Bank CD rates 2026: Which to open (and which to stay away from)

Generally speaking, only UMB’s “featured” CDs are worth a look. Its standard CD APYs are trounced by competitors.

By Joseph HostetlerFebruary 2, 2026
More in Personal Finance
Investing
More in Investing
US President Donald Trump speaks before signing executive orders in the Oval Office in the White House in Washington, DC, on January 30, 2026.
Trump ‘woke the rest of the world up’ to leveraging economic firepower against trade partners, says Morgan Stanley CIO

“Our view is that this is a multiyear phenomenon that is worth investing in,” Morgan Stanley Wealth Management’s Lisa Shalett said.

By Eleanor PringleFebruary 2, 2026
Stocks fall as plunging metals fan global selloff

Stocks retreated globally as a rout in gold and silver extended a broad flight from riskier assets.

By Andre Janse van Vuuren, Anand Krishnamoorthy and BloombergFebruary 2, 2026
Pledge to invest $100 billion in OpenAI was ‘never a commitment,’ says Nvidia’s Huang

As part of a letter of intent signed in September, Nvidia said it planned to invest as much as $100 billion in OpenAI.

By Debby Wu, Nick Lichtenberg and BloombergFebruary 2, 2026
More in Investing
Real Estate
More in Real Estate
Current ARM mortgage rates report for Feb. 2, 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 FlanaganFebruary 2, 2026
Current refi mortgage rates report for Feb. 2, 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 FlanaganFebruary 2, 2026
Current mortgage rates report for Feb. 2, 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 FlanaganFebruary 2, 2026
More in Real Estate
Energy
More in Energy
Devon Energy CEO: ‘Stars align’ to acquire Coterra for nearly $26 billion as merger mania returns to the oilfield

The massive Permian Basin merger creates a combined Devon with a $58 billion enterprise value.

By Jordan BlumFebruary 2, 2026
Top energy expert says probability the U.S. will attack Iran soon is 75% as risk of major disruption to oil supply is priced in — ‘this one is real’

“The markets are pricing the risk that this time the past will not indicate the future—that we could have a sustained disruption in energy flows.”

By Jason MaFebruary 1, 2026
3 big hurdles undermine Trump’s plan to extract Greenland’s mineral wealth—and America’s fraying relationship with Europe is one of them

Few friends, local politics and logistical challenges make mining in Greenland extra challenging.

By Tristan BoveJanuary 30, 2026
More in Energy
Crypto
More in Crypto
How a ‘spy sheikh’ bought 49% of the Trump family’s flagship crypto company: ‘We’ve got some pretty meaningful investors’

Investors with ties to the Abu Dhabi royal family signed a deal to inject $500 million into World Liberty Financial.

By Ben WeissFebruary 2, 2026
Tether has a radical vision for decentralization—and it goes far beyond crypto

The stablecoin giant has heaps of gold and has invested in a wide range of P2P technologies.

By Jeff John RobertsFebruary 2, 2026
Bitcoin’s freefall approaches $80,000 as precious metals also tank

The world’s largest cryptocurrency is down 2% over the past day while gold and silver have dropped 11% and 30%, respectively.

By Ben WeissJanuary 30, 2026
More in Crypto
Latest Stories
schlicht
AIMeet Matt Schlicht, the man behind AI’s latest Pandora’s box—a social network where AI agents talk to one another
By Nick LichtenbergFebruary 2, 2026
guthrie
Law‘Today’ show host Savannah Guthrie’s 84-year-old mother is missing, authorities suspect crime
By Jacques Billeaud and The Associated PressFebruary 2, 2026
The Wells Fargo logo on a green layered background.
Personal FinanceWells Fargo CD rates 2026: How to qualify for the best returns
By Joseph HostetlerFebruary 2, 2026
Photo of Gavin Newsom
PoliticsCalifornia Gov. Gavin Newsom doubles down on his criticism of the proposed billionaire wealth tax
By Jake AngeloFebruary 2, 2026
AINvidia CEO denies ‘nonsense’ report he’s unhappy with OpenAI: ‘I really love working with Sam’
By Jason MaFebruary 2, 2026
a person holds a smartphone displaying the Moltbook logo
CybersecurityTop AI leaders are begging people not to use Moltbook, a social media platform for AI agents: It’s a ‘disaster waiting to happen’
By Eva RoytburgFebruary 2, 2026
Photo of Donald Trump
InnovationIt took the U.S. decades to respond to the 1970s energy shock with a strategic oil reserve, now it’s rerunning that playbook with rare earths
By Tristan BoveFebruary 2, 2026
The Sallie Mae Bank logo on a green layered background.
Personal FinanceSallie Mae CD rates 2026: Excellent returns (and not just for students)
By Joseph HostetlerFebruary 2, 2026
More FinancePage 27 of 100
PoliticsMeet Venezuela’s new leader Delcy Rodríguez, a longtime socialist who turned to market reforms after the economy collapsed
By Jason MaJanuary 4, 2026
EnergyRubio says the U.S. doesn’t need Venezuelan oil but seeks to deny adversaries control over it—and doesn’t rule out occupying the country
By Jason MaJanuary 4, 2026
EnergyIf Venezuela becomes a major oil producer again, ‘that could cement lower prices’ long term and put pressure on Russia, analyst says
By Josh Funk and The Associated PressJanuary 4, 2026
PoliticsMaduro is now in the U.S. to face criminal charges after deposed Venezuelan leader smiles while escorted by DEA agents
By Regina Garcia Cano, Konstantin Toropin, Eric Tucker and The Associated PressJanuary 4, 2026
Man looking out a window while using a laptop
Future of WorkBosses are fighting a new battle in the RTO wars: It’s not about where you work, but when you work
By Nick LichtenbergJanuary 4, 2026
PoliticsTrump snatches Maduro but leaves his regime in charge for now
By Catherine Lucey, Eric Martin, Jamie Tarabay and BloombergJanuary 3, 2026
PoliticsDeploying U.S. troops in Venezuela could become a ‘force protection nightmare’ amid potential insurgency threat, retired colonel warns
By Jason MaJanuary 3, 2026
PoliticsTrump seeks to make Venezuela great again and revive its oil-based economy while affordability crisis lingers in the U.S.
By Jason MaJanuary 3, 2026
An oil tanker is seen anchored in Lake Maracaibo after loading crude oil at the Bajo Grande Refinery port. The Trump administration seized the oil tanker off the coast of Venezuela. The vessel, which was on the Treasury Department's sanctions list and was sailing under the Guyanese flag, was on the US Treasury Department's sanctions list. The US president threatened to confiscate all hydrocarbon-laden vessels in the Venezuelan oil-producing nation.
EnergyTrump makes it clear shocking Venezuelan regime change is largely about oil: ‘They stole our oil … We’re going to make a lot of money’
By Jordan BlumJanuary 3, 2026
PoliticsTrump says ‘we’re going to run’ Venezuela and is not afraid to put U.S. troops on the ground after Maduro’s capture
By Jason MaJanuary 3, 2026
PoliticsWhat happens next in Venezuela? The regime’s foundation remains in place even after U.S. capture of Maduro, analyst says
By Jason MaJanuary 3, 2026
Bhargava
CommentaryYou probably use the same password for 30 different websites. It’s time for a passkey. 
By Rishi BhargavaJanuary 3, 2026
tesla
Big TechElon Musk promised a ‘major rebound’ for Tesla in 2025. Instead it fell behind its biggest rival from China
By Paul Harloff, Bernard Condon and The Associated PressJanuary 3, 2026
A man works on a laptop in a camper van
Future of WorkMeet the ‘empowered non-complier’: A certain kind of valuable worker who flouts return to office whenever they feel like it
By Nick LichtenbergJanuary 3, 2026
InvestingBridgewater, D.E. Shaw among top hedge fund gainers of 2025
By Nishant Kumar and BloombergJanuary 2, 2026
EconomyCash machines in this former communist country issue euros for the first time after becoming the 21st member of the currency union
By The Associated PressJanuary 2, 2026
Man wearing a black suit with a microphone
InvestingMichael Saylor’s Strategy flirts again with the danger threshold at which his company is worth less than his Bitcoin
By Jim EdwardsJanuary 2, 2026
Musk
Travel & LeisureTesla is officially smaller than China’s BYD in EV sales as it reports second-straight year of falling sales
By Nick LichtenbergJanuary 2, 2026
Trump
EconomyFarmers see a ‘Band-Aid on a deep wound’ as White House reveals the size of their soybean tariff bailout
By Josh Funk, Didi Tang and The Associated PressJanuary 2, 2026
trump
PoliticsTrump retreats on tariffs again, now on furniture, kitchen cabinets and vanities
By Michelle L. Price and The Associated PressJanuary 2, 2026
Eric Schmidt sat in a white chair, speaking on a stage.
AIHow former Google CEO Eric Schmidt is motivated by Henry Kissinger to keep working past 70
By Jordan BlumJanuary 2, 2026
Eric Schmidt, former Google CEO, speaks during the Collision 2022 conference at Enercare Centre in Toronto, Canada.
AIGoogle ex-CEO Eric Schmidt jumps into the AI data center business with a failed, 150-year-old Texas railroad turned oil giant
By Jordan BlumJanuary 2, 2026
U.S. President Donald Trump signs funding legislation to reopen the federal government as he is joined by House Minority Leader Steve Scalise (R-LA), House Speaker Mike Johnson (R-LA), Republican lawmakers and business leaders, during a ceremony in the Oval Office of the White House on November 12, 2025, in Washington, DC.
EconomyHappy New Year! There’s now less than a month until the next potential government shutdown
By Eleanor PringleJanuary 2, 2026
SuccessRed Lobster’s 36-year-old CEO led the company after bankruptcy. Now he’s plotting the ‘greatest comeback in the history of the restaurant industry’
By Sydney LakeJanuary 2, 2026
The Goldman Sachs logo
BankingMan says Goldman Sachs put him through a gauntlet of 39 one-on-one interviews—and the decisive conversation was less than a minute
By Dave SmithJanuary 2, 2026
Photo: A member of the USA team cries during the medals ceremony following their loss against Canada to win the Silver in the Women's Gold Medal Hockey game at the Canada Hockey Place during the XXI Winter Olympic Games in Vancouver, Canada on February 25, 2010. Canada won 2-0 to win the gold.
InvestingU.S. stocks had a terrible year (relatively speaking)—you could have bet on Greece in 2025 and come out ahead
By Jim EdwardsJanuary 2, 2026
AsiaAI chip designer Biren’s shares surge 76% on debut in Hong Kong
By Sangmi Cha, Chongjing Li and BloombergJanuary 2, 2026
RetailBehind glam luxury brands Michael Kors and Jimmy Choo lurks a troubled holding company losing millions
By Amanda GerutJanuary 2, 2026
zohran
PoliticsMamdani vows to ‘govern as a democratic socialist’ for every construction worker, halal cart vendor and spice-wielding cook in New York City
By Anthony Izaguirre and The Associated PressJanuary 1, 2026
Personal FinanceThe best high-yield savings account rates on Jan. 1, 2026: Earn up to 5.00% APY
By Glen Luke FlanaganJanuary 1, 2026
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Most Popular
Economy
'I just don't have a good feeling about this': Top economist Claudia Sahm says the economy quietly shifted and everyone's now looking at the wrong alarmAn image of a popular article
By Eleanor PringleJanuary 31, 2026
Future of Work
Ford CEO has 5,000 open mechanic jobs with up to 6-figure salaries from the shortage of manually skilled workers: 'We are in trouble in our country'An image of a popular article
By Marco Quiroz-GutierrezJanuary 31, 2026
Big Tech
The Chan Zuckerberg Initiative cut 70 jobs as the Meta CEO’s philanthropy goes all in on mission to 'cure or prevent all disease'An image of a popular article
By Sydney LakeFebruary 1, 2026
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