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Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victims

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Wealthy boomers doubt their heirs will keep giving as $124 trillion changes hands, BofA finds. The data shows a different reality

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Current price of oil as of October 6, 2026

1

Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victims

2

Wealthy boomers doubt their heirs will keep giving as $124 trillion changes hands, BofA finds. The data shows a different reality

3

Current price of oil as of October 6, 2026
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Commentary

Ideas and insights on pressing issues facing the business world.
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The 1,000-hour test: a better way to decide what’s actually worth your money 

I moved to Vermont in 2020 and eventually threw out my back. I bought a snowblower and along the way developed a philosophy I’d call Practical Materialism.

By Ben MeerOctober 6, 2026
jasper
I’ve spent a decade teaching AI to write. Here’s why your slop posts are ruining your LinkedIn
By Jasper PyeOctober 6, 2026
sr
I wrote The Future of Truth and then found to my alarm it contained AI-hallucinated quotes. I’ve chosen to fight back
By Steven RosenbaumOctober 6, 2026
gephardt
‘A Republic, if you can keep it’: We served presidents from both parties and have never been so concerned about election security
By Richard A. Gephardt, Timothy E. Wirth, Leon Panetta, Theodore Roosevelt V, Reid J. Ribble, Stephanie A. Grisham and Miles TaylorOctober 4, 2026
josh
NVIDIA Head of Sustainability: how to accelerate America’s nuclear energy renaissance 
By Josh ParkerOctober 5, 2026
gs
Gary Shapiro: why trade shows matter and how to get them right
By Gary ShapiroOctober 4, 2026
Latest stories from Fortune
More CommentaryPage 37 of 100
Jordan Goldstein
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What leading a global architecture firm has taught me about AI’s power to transform business
By Jordan GoldsteinSeptember 3, 2025
  • Mike Rowe
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    The real problem gripping rural America and the jobs of the future
    By Chris KibarianAugust 21, 2025
GM
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A case study to consider for AI adoption: GM versus Toyota in the 1980s
By Nelson Repenning and Don KiefferSeptember 3, 2025
Paul Hudson
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AI might beat IQ, not EQ — but never say never
By Paul HudsonSeptember 2, 2025
Lawnmower
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AI told me hilariously wrong things about Elon Musk’s childhood job at a landscaping company—here’s why that matters on Labor Day
By Brian HamiltonSeptember 1, 2025
Asia is ahead of the curve of using AI to fight fraud. Here’s what the rest of the world can learn from it
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Asia is ahead of the curve of using AI to fight fraud. Here’s what the rest of the world can learn from it
By Ashish ThaparAugust 31, 2025
Wendy Stewart
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BofA’s president of Global Commercial Banking on best practices for securing the legacy of a multigen family business
By Wendy StewartAugust 31, 2025
  • Donald Trump and Jerome Powell
    Commentary
    Monetary policy is not about interest rates, it’s about the money supply
    By Steve H. Hanke and John GreenwoodAugust 21, 2025
Trump, Putrin
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Is Putin playing Trump or is Trump playing us?
By Jeffrey Sonnenfeld and Steven TianAugust 31, 2025
Andrew Filev
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My $2.25 billion exit taught me that Silicon Valley’s obsession with 100-hour weeks is actually sabotage. It’s a marathon, not a sprint
By Andrew FilevAugust 30, 2025
I’m an expert in viral marketing and make my bones reaching Gen Z. The American Eagle and e.l.f. ragebait is just gasoline on the fire
Commentary
I’m an expert in viral marketing and make my bones reaching Gen Z. The American Eagle and e.l.f. ragebait is just gasoline on the fire
By Katya VarbanovaAugust 29, 2025
Kenneth Braithwaite
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Former Trump officials: Strong intellectual property protections are crucial to America’s national security
By Kenneth Braithwaite and Andrei IancuAugust 29, 2025
Christian Kroll
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I’m a CEO who bid for Google’s Chrome browser. Even if we don’t win, here’s why this is a fork in the road for digital capitalism 
By Christian KrollAugust 29, 2025
  • One man hitting another man in the face with a boxing toy
    Commentary
    The Great Resentment: Bosses are lording over workers as revenge for the Great Resignation when they had to hand out once-in-a-generation raises
    By Nick Lichtenberg and Ashley LutzAugust 20, 2025
I said the Internet would never work. Thank god I didn’t make that mistake with crypto
Commentary
I said the Internet would never work. Thank god I didn’t make that mistake with crypto
By Jeremy BoyntonAugust 29, 2025
Jake Loosararian
Commentary
AI’s dirty secret: without data, it’s just math tricks
By Jake LoosararianAugust 28, 2025
Amit Walia
Commentary
I had to make a big bet on a make-or-break 18 months. I later sold my company for $8 billion but first I had to dive deep into the ‘gray area’ 
By Amit WaliaAugust 28, 2025
Leslie Feinzaig
Commentary
I’m rooting for female founders’ comebacks. And for the end of branding women, from girlboss to tradwife and all the way down
By Leslie FeinzaigAugust 27, 2025
Donald Trump
Commentary
Trump’s crusade to cripple clean energy has found its match: the free market and global finance
By Andrew BeharAugust 27, 2025
Donald Trump
Commentary
Why every CEO—and every American—should be fed up with Trump’s Fed attack
By Jeffrey Sonnenfeld and Stephen HenriquesAugust 26, 2025
An old man holding a tablet sitting on a couch
Commentary
Forget smart homes: The final frontier is an AI-powered home that can take care of you
By SB ChoiAugust 26, 2025
Steve Jobs
Commentary
I worked on the first iPhone under Steve Jobs before selling Nest for $3.2 billion. Jensen Huang is right about what will happen next with AI
By Matt RogersAugust 26, 2025
Man at laptop
Commentary
The homepage is dead. The future belongs to the question
By Danika WongAugust 26, 2025
Donald Trump
Commentary
The emperor strikes back—but Trump’s revenge and deflection aren’t public protection
By Jeffrey Sonnenfeld, J. Thomas Manger, Asha Rangappa and Thomas KolditzAugust 25, 2025
Prenups
Commentary
The new power move: why smart women are demanding prenups
By Libby LefflerAugust 24, 2025
Retirees
Commentary
Private equity could transform your retirement, but only if it adapts to protect savers
By Burcu Esmer and Bilge YilmazAugust 24, 2025
Boomers
Commentary
We interviewed 62 older Minnesotans who lost white-collar jobs later in life. Nearly 75% refused to move, and 3 big problems kept them locked in place
By Annette Nierobisz and Dana SawchukAugust 24, 2025
Why banks should leverage AI to serve more than the affluent—and build a financial system for everyone
Commentary
Why banks should leverage AI to serve more than the affluent—and build a financial system for everyone
By Sopnendu MohantyAugust 23, 2025
Vidya Peters
Commentary
We built a $1 billion tech unicorn in Europe, living proof that our economy is just as dynamic as America’s. Success comes down to three core principles
By Vidya PetersAugust 23, 2025
Silvija Martincevic
Commentary
I’m a CEO who was raised by a truck driver and a factory worker. The 2.7 billion shift-based workers around the world need tech that works for them
By Silvija MartincevicAugust 23, 2025
Michael Coscetta
Commentary
I’m the president of a $1 billion software unicorn and I’ve seen the ‘Gen Z stare’ disappear in healthy workplaces. It’s a wake-up call for hospitality
By Michael CoscettaAugust 22, 2025
Superhero
Commentary
AI isn’t a job killer, it’s a job shifter
By Becky FrankiewiczAugust 22, 2025
Marc Metrick
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Saks Global is luxury’s last best hope
By Joel BinesAugust 22, 2025
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Law
Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victimsplaceholder alt text
By Catherina GioinoOctober 5, 2026
Success
Wealthy boomers doubt their heirs will keep giving as $124 trillion changes hands, BofA finds. The data shows a different realityplaceholder alt text
By Sydney LakeOctober 6, 2026
Personal Finance
Current price of oil as of October 6, 2026placeholder alt text
By Joseph HostetlerOctober 6, 2026
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