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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

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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
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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
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U.S. tariffs will hasten, not slow, China’s drive for tech self-sufficiency
Commentary
U.S. tariffs will hasten, not slow, China’s drive for tech self-sufficiency
By Grace ShaoApril 28, 2025
  • AI’s job boom? Not before the bust
    Commentary
    AI’s job boom? Not before the bust
    By Nada R. Sanders and Paula CaligiuriApril 9, 2025
AI needs the equivalent of the ‘black box’ in aviation—and America should lead the way
Commentary
AI needs the equivalent of the ‘black box’ in aviation—and America should lead the way
By Dewey Murdick and Miriam VogelApril 28, 2025
The GOP’s proposed cuts to FEMA and Medicaid reveal the paradox of red state dependence
Commentary
The GOP’s proposed cuts to FEMA and Medicaid reveal the paradox of red state dependence
By Jeffrey Sonnenfeld and Stephen HenriquesApril 28, 2025
Ending the U.S. trade deficit with tariffs is impossible, and it risks eliminating two longstanding U.S. surpluses
Commentary
Ending the U.S. trade deficit with tariffs is impossible, and it risks eliminating two longstanding U.S. surpluses
By Steve H. Hanke and Caleb HofmannApril 28, 2025
Asian wealth can bridge the SDG financing gap—but philanthropy needs a strategy shift
Commentary
Asian wealth can bridge the SDG financing gap—but philanthropy needs a strategy shift
By Tristan Ace and Komal SahuApril 27, 2025
What ‘Mar-a-Lago Accord’ proponents—who have Trump’s ear—get wrong about the U.S. dollar
Commentary
What ‘Mar-a-Lago Accord’ proponents—who have Trump’s ear—get wrong about the U.S. dollar
By Steve H. Hanke and John A. TatomApril 25, 2025
  • GrowthLoop CEO Chris O’Neill.
    Commentary
    I’ve spent decades building tech that changes how we work. Here’s why AI agents won’t take your job
    By Chris O’NeillApril 9, 2025
The SEC needs to take a hands-off approach to peer-to-peer transactions
Regulators
The SEC needs to take a hands-off approach to peer-to-peer transactions
By TuongVy LeApril 25, 2025
Southeast Asia doesn’t need fossil fuels to power its data center boom. Renewable energy will get the job done—and more cheaply too
Commentary
Southeast Asia doesn’t need fossil fuels to power its data center boom. Renewable energy will get the job done—and more cheaply too
By Oliver TanApril 24, 2025
Europe must show it’s serious about Ukraine by tightening sanctions on Russia
Commentary
Europe must show it’s serious about Ukraine by tightening sanctions on Russia
By Matthew Boyse and James K. GlassmanApril 23, 2025
Taskrabbit CEO: I’m a better gig-economy leader because of the empathy I learned in early jobs
Commentary
Taskrabbit CEO: I’m a better gig-economy leader because of the empathy I learned in early jobs
By Ania SmithApril 22, 2025
Ray Dalio fears ‘something worse than a recession.’ If anything his fears are understated
Commentary
Ray Dalio fears ‘something worse than a recession.’ If anything his fears are understated
By Robert HormatsApril 21, 2025
  • Tariffs, AI, and a broken pipeline: The workforce crisis no one’s ready for
    Commentary
    Tariffs, AI, and a broken pipeline: The workforce crisis no one’s ready for
    By Caroline CasagrandeApril 9, 2025
CrowdHealth CEO: Health-care price transparency is worthless without incentives
Commentary
CrowdHealth CEO: Health-care price transparency is worthless without incentives
By Andy SchoonoverApril 18, 2025
The U.S. trade deficit: It’s time to dump do-it-yourself economics and go back to basics
Commentary
The U.S. trade deficit: It’s time to dump do-it-yourself economics and go back to basics
By Steve H. Hanke and Caleb HofmannApril 18, 2025
Genesys CEO: How empathetic AI can scale our humanity during economic uncertainty
Commentary
Genesys CEO: How empathetic AI can scale our humanity during economic uncertainty
By Tony BatesApril 18, 2025
Why federal funding for life sciences—now being slashed—is a strategic necessity for America
Commentary
Why federal funding for life sciences—now being slashed—is a strategic necessity for America
By Tiffany WilsonApril 17, 2025
Sainsbury’s reports healthy growth despite fears of a supermarket price war
Commentary
Sainsbury’s reports healthy growth despite fears of a supermarket price war
By Andrew BusbyApril 17, 2025
Here’s the advice I’m giving wealthy clients through tariff fears and market uncertainty
Commentary
Here’s the advice I’m giving wealthy clients through tariff fears and market uncertainty
By Katie NixonApril 16, 2025
Some manufacturing jobs will return to America only if AI-empowered robots do them—and that’s a good thing
Commentary
Some manufacturing jobs will return to America only if AI-empowered robots do them—and that’s a good thing
By Tom BiegalaApril 16, 2025
How to restore confidence in the U.S. dollar—and why it’s faltering in the first place
Commentary
How to restore confidence in the U.S. dollar—and why it’s faltering in the first place
By Steve H. Hanke and Matt SekerkeApril 16, 2025
Why an AI energy crisis may not unfold how you think: IBM sustainability chief
Commentary
Why an AI energy crisis may not unfold how you think: IBM sustainability chief
By Christina ShimApril 16, 2025
Harvard’s defiance of Trump’s ‘authoritarian incursion’ supported by over 80 past and present college and university presidents
Commentary
Harvard’s defiance of Trump’s ‘authoritarian incursion’ supported by over 80 past and present college and university presidents
By Former and current college and university presidentsApril 15, 2025
The real reasons the CEO-worker pay gap spiraled out of control in America—and what to do about it
Commentary
The real reasons the CEO-worker pay gap spiraled out of control in America—and what to do about it
By Claudio Fernández-Aráoz and Greg NagelApril 15, 2025
Photo of Sam Altman
Commentary
OpenAI can’t afford to ignore Hollywood’s warning
By Matt SteinbergApril 15, 2025
Capitolis CEO Gil Mandelzis.
Commentary
Capitolis CEO: We lose many great candidates because of our in-office policy—but we are still better for it
By Gil MandelzisApril 14, 2025
How Snowflake’s cofounder learned to not panic under pressure and avoid making bad decisions
Commentary
How Snowflake’s cofounder learned to not panic under pressure and avoid making bad decisions
By Benoit DagevilleApril 14, 2025
It’s time to reimagine health-care education
Partner Commentary
It’s time to reimagine health-care education
By Karen Cox and Scott LilesApril 14, 2025
Getting CEO succession planning right: Managing the emotional undercurrents
Partner Commentary
Getting CEO succession planning right: Managing the emotional undercurrents
By Laryssa TopolnytskyApril 14, 2025
China’s EV giants shift gears toward the U.K. as tariff troubles mount in the U.S. and Europe
Retail
China’s EV giants shift gears toward the U.K. as tariff troubles mount in the U.S. and Europe
By James MorrisApril 12, 2025
USA Brands CEO Joe Van Deman at one his retail stores.
Commentary
USA Brands CEO: Small businesses want to thrive, not just survive. That’s where the tariffs uncertainty hurts the most 
By Joe Van DemanApril 11, 2025
Don’t move fast and break things—even with AI. Slowing down to speed up works better
Commentary
Don’t move fast and break things—even with AI. Slowing down to speed up works better
By Faisal HoqueApril 10, 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
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Current price of oil as of October 6, 2026placeholder alt text
By Joseph HostetlerOctober 6, 2026
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