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CFO turnover at America’s largest companies is on pace to hit 18.3%—the highest since the pandemic
NewsAugust 29, 20267 min read

CFO turnover at America’s largest companies is on pace to hit 18.3%—the highest since the pandemic

Good morning. CFO turnover is accelerating at the nation’s largest public companies, according to newly released data in Crist Kolder Associates’ mid-year 2026 Volatility Report, shared with CFO Daily. Recommended…

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China’s onetime richest man has lost everything but creditors are still owed $300 billion
NewsAugust 29, 20264 min read

China’s onetime richest man has lost everything but creditors are still owed $300 billion

Chinese authorities are moving to finish cleaning up the mess left by the collapse of the Evergrande real estate empire, years after its default with some $300 billion in liabilities. Recommended Video…

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The banking lobby’s bad faith campaign to kill the Clarity Act will backfire
NewsAugust 29, 20267 min read

The banking lobby’s bad faith campaign to kill the Clarity Act will backfire

The Digital Asset Market Clarity Act, a landmark bill to bring crypto assets into the economic mainstream, is on life support. This comes despite months of hard work and compromise…

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‘Damage from the chaotic tariff regime cannot be refunded’: The $100 billion in refunds have wiped out revenue the import taxes brought in since May
NewsAugust 29, 20265 min read

‘Damage from the chaotic tariff regime cannot be refunded’: The $100 billion in refunds have wiped out revenue the import taxes brought in since May

The magnitude of tariff refunds the Trump administration must dole out is now outpacing how much money it’s bringing in through the import taxes, and it’s dealing a new blow…

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Eric Schmidt is reportedly at odds with Google cofounder Sergey Brin over how a $100 million campaign against California’s billionaire tax is spent
NewsAugust 29, 20264 min read

Eric Schmidt is reportedly at odds with Google cofounder Sergey Brin over how a $100 million campaign against California’s billionaire tax is spent

Eric Schmidt and Sergey Brin helped build Google into one of the world’s most valuable technology companies. Now, the former Google chief executive and the company’s co-founder find themselves on…

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Harry and Meghan’s homecoming comes with a multimillion-dollar tax catch—waiting four years could have shielded their $60 million fortune
NewsAugust 29, 20265 min read

Harry and Meghan’s homecoming comes with a multimillion-dollar tax catch—waiting four years could have shielded their $60 million fortune

Harry and Meghan, the Duke and Duchess of Sussex, are returning to the U.K. after living in the U.S. for the past six years. They’re moving from their Montecito mansion…

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Scott Bessent is ‘playing with fire’ as the Treasury’s debt buyback risks putting the dollar in a devaluation spiral like the yen, economist warns
NewsAugust 29, 20264 min read

Scott Bessent is ‘playing with fire’ as the Treasury’s debt buyback risks putting the dollar in a devaluation spiral like the yen, economist warns

Treasury Secretary Scott Bessent appears to be heading down a path similar to Japan’s, and it signals “debasement” of the dollar, according to a top economist. Recommended Video In a…

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Membership into Miami’s most exclusive club is something money can’t buy—and Jeff Bezos is among those standing outside, looking in
NewsAugust 29, 20264 min read

Membership into Miami’s most exclusive club is something money can’t buy—and Jeff Bezos is among those standing outside, looking in

Jeff Bezos has spent hundreds of millions of dollars buying his way into one of Miami’s most exclusive neighborhoods. But even the founder of Amazon, which sits atop the Fortune…

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Bitcoin soars to nearly $80,000—but crypto’s new favorite coin, Hyperliquid, is stealing its thunder
NewsAugust 29, 20263 min read

Bitcoin soars to nearly $80,000—but crypto’s new favorite coin, Hyperliquid, is stealing its thunder

Bitcoin is surging again. The cryptocurrency climbed above $78,200 on Friday for the first time since May. But it wasn’t the only crypto asset posting big gains. Hyperliquid, the decentralized…

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YouTube offers creators millions to not work with Netflix
NewsAugust 29, 20264 min read

YouTube offers creators millions to not work with Netflix

YouTube is offering millions of dollars to popular channels if they upload their videos to the site exclusively for a certain period of time, in an effort to halt Netflix…

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