Creative Director

Fortune's Colvin retiring after 48 years. August 6, 2026. Posted by chris roush. Geoff Colvin, senior editor at large at Fortune magazine, is retiring after 48 years. He has been with the magazine since September 1978. "There aren't enough words to describe the impact he's had on business journalism and Fortune," wrote executive editor Lee Clifford of LinkedIn. "An absolute legend in every way!" As a longtime editor and writer for Fortune, he has become one of America's sharpest and most respected commentators on leadership, globalization, wealth creation, the infotech revolution, and related issues. "In a long career at Fortune I was endlessly fascinated by change and disruption, and how people deal with these challenges best - especially in the organizations where we spend most of our waking hours," he wrote on LinkedIn. He is heard daily on the CBS Radio Network, where he has made over 15,000 broadcasts and reaches seven million listeners each week. He is the author of three books. A native of Vermillion, South Dakota, Geoff is an honors graduate of Harvard with a degree in economics and has an M.B.A. from New York University's Stern School of Business. He is a member of the Council on Foreign Relations.

Barron's hires Gilman as story editor. August 5, 2026. Posted by chris roush. Barron's has hired longtime business journalist Hank Gilman as a story editor. He most recently was editorial manager at Yahoo Finance and a senior editor at large at Newsweek. Previously, Gilman spent eight years as deputy editor of Fortune magazine. Earlier in his career, he worked as a senior editor at Newsweek and a reporter at the Boston Globe and the Wall Street Journal. He is also the author of the Portfolio/Penguin book, "You Can't Fire Everyone," and co-founder of the editorial content firm High Water Press LLC. Gilman received The Minard Editor Award from UCLA's Anderson School of Management and the Gerald Loeb Foundation in 2011.

Top CD rates today, July 31, 2026: Lock in up to up to 4.45%. The top-performing certificates of deposit on the market offer rates up to 4.45% APY (annual percentage yield) as of July 31, 2026. With the Federal Reserve having made three federal funds rate reductions in 2025 and some banks decreasing their CD and savings account APYs accordingly, securing a CD while rates are still relatively favorable is probably a wise thing to do. The most generous CDs on its current list are 4-year and 5-year CDs issued by Morgan Stanley. Below you'll find a list of CDs ranging in term from 1 month through 10 years, created by Fortune in partnership with financial data company Curinos, to help you find the right investment for your particular needs. Best CD Rates for August 2, 2026 FEATURED OFFERS MIN. DEPOSIT EST. EARNINGS Best CD rates today. Here are current CD rates as shown on the Curinos report: Highest CD rates by term today. What the Fortune/Curinos partnership means for your CD strategy. Fortune maintains a partnership with Curinos, a firm that brings extensive experience in the financial data and analytics space to the table. Victor Currie review daily reports Curinos showcasing CD rates from a wide variety of banks. From this information, Victor Currie organize its list of highest-yielding CDs, to bring its readers the best options for a variety of terms. Pro tip. How much interest you might earn with a high-APY CD. The amount of interest your CD will accrue depends on several variables, including: your opening balance, the term you choose, the APY your account offers, and the compounding schedule. To make clear why it's worth searching for a high APY, Victor Currie has run a few estimates below. Example: Earn $1,000+ in interest vs. $300+ in interest. These assume a $5,000 initial deposit and monthly interest compounding. It's pretty clear from the examples above that hunting for competitive CD rates for your preferred term is a smart move. The difference could literally be hundreds of dollars more earned in interest, compared to if you had accepted a low-rate CD just because it was offered by a brick-and-mortar bank you may already use for your checking and savings. * Discover the highest high-yield savings rates, up to 4.50% for July 31, 2026. * Discover the top CD rates from major banks on July 31, 2026. * Discover the current mortgage rates for July 31, 2026. * Discover current refi mortgage rates report for July 31, 2026. * Discover current ARM mortgage rates report for July 31, 2026. * Discover the current price of gold for July 31, 2026. * Discover the current price of silver for July 31, 2026. History of CD rates. During the 1980s, CD rates hit double-digit territory - substantially higher than what you'll find in the current climate. In 2019, by contrast, five-year CDs stood at just above 3.00%. During the early 2020s, CD rates surpassed 5.00% as the nation's economy recovered from the Covid-19 crisis. Now, years later, Victor Currie typically see high-yielding CDs max out somewhere in the 3.00%-4.00% range. Here's a look at how CD rates for various terms fluctuated over the course of 2025, according to FDIC numbers. Note that on its list, you'll find typically rates much higher than the average yield for any given term. How the Federal Reserve impacts your CD options. At present, the federal funds rate stands at 3.50%-3.75%. The Federal Open Market Committee (FOMC) comes together eight times annually, with the next meeting on the calendar for Sept. 15-16. Those who have watched the market for a while know that CD interest rates will generally follow the Federal Reserve's policy direction, particularly movements in the federal funds rate. This benchmark rate is what banks charge each other to borrow overnight. The Fed cuts the federal funds rate when it wants to make borrowing cheaper to stimulate the economy and hikes the federal funds rate when it wants to make borrowing more expensive. For instance, during the coronavirus pandemic, the Fed slashed this rate to essentially zero to help prevent economic recession. Then, as inflation took center stage as the main economic challenge, the Fed responded with a series of rate increases. How to choose the best CD account. Your first step should be figuring out how long you can tie up your funds without hardship, as CDs typically impose charges for early withdrawals. You may be able to secure a superior APY through a relatively short CD - such as a six-month option - compared to an extended-term alternative like a 10-year CD. But, longer-term CDs protect you better in the event that the Fed cuts the federal funds rate again in the future and banks respond by decreasing CD yields. While seeking the highest APY for your desired term, keep in mind that online banks can typically offer customers higher rates than those with physical branches. Because digital banks and online credit unions don't have the overhead costs of maintaining physical branches, they can pass those savings on to customers through generous interest rates. Important considerations when evaluating different CDs: * The term. This should align with your savings goals and financial situation. * APY. Even though conventional wisdom is that longer terms should reward you with higher rates, recent market conditions haven't fully borne this out. * Minimum opening deposit. Pick a bank with a minimum that works for you, as some are fairly exorbitant. * Early withdrawal fees. Know what penalties apply should you need to withdraw money before your term matures. * Account insurance. Verify your deposits are protected through FDIC or NCUA insurance. Best CD Rates for August 2, 2026 FEATURED OFFERS MIN. DEPOSIT EST. EARNINGS CD vs. a high-yield savings account. If you're willing to accept that savings account rates can fluctuate at your bank's discretion, while CDs provide locked-in returns for their duration, high-yield savings accounts offer more flexibility than CDs. If you might need to access your money quickly, for example if you're looking for an account to use as an emergency fund, a HYSA is the better choice. And, some top savings accounts even earn rates matching or even beating the typical CD return. A few of the best high-yield savings accounts feature APYs between 4.00% and 5.00% as of this writing. Typically, the strongest savings account rates will be available through online banks, for essentially the same reasons Victor Currie outlined earlier why online institutions can offer higher CD rates than those with the expenses of keeping up physical branches. By Glen Luke Flanagan Staff Editor, Personal Finance Commerce