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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
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America must harness stablecoins to future-proof the dollar
Commentary
America must harness stablecoins to future-proof the dollar
By Christos MakridisMarch 21, 2025
  • The California crisis in homeowners insurance has only one real solution
    Commentary
    The California crisis in homeowners insurance has only one real solution
    By Josh Hoffman and Kevin KatariMarch 10, 2025
Top candidates are avoiding the CEO role despite the pay. Here’s how to make the gig worth taking
Commentary
Top candidates are avoiding the CEO role despite the pay. Here’s how to make the gig worth taking
By Radhika PapandreouMarch 21, 2025
The tax code is made for tradwives. Here’s how much it punishes dual-earning couples
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The tax code is made for tradwives. Here’s how much it punishes dual-earning couples
By Robert VerBruggenMarch 21, 2025
Misaligned incentives plague our health-care system. Here’s how to make America healthy again
Commentary
Misaligned incentives plague our health-care system. Here’s how to make America healthy again
By Hemant Taneja and Teresa CarlsonMarch 20, 2025
Americans finally got a rule protecting their credit scores from unexpected medical debt. Now Trump is attacking the agency behind it
Commentary
Americans finally got a rule protecting their credit scores from unexpected medical debt. Now Trump is attacking the agency behind it
By Andy SchoonoverMarch 20, 2025
Are we getting dumber? How AI affects critical thinking
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Are we getting dumber? How AI affects critical thinking
By Cory HymelMarch 20, 2025
  • AI innovation isn’t a climate threat, it’s our best hope
    Commentary
    AI innovation isn’t a climate threat, it’s our best hope
    By Cully CavnessMarch 10, 2025
AI will take your job. Get over it
Commentary
AI will take your job. Get over it
By Tatyana MamutMarch 20, 2025
Trump’s tariffs and policies are putting America’s economy at risk: Consumer Technology Association CEO
Commentary
Trump’s tariffs and policies are putting America’s economy at risk: Consumer Technology Association CEO
By Gary ShapiroMarch 19, 2025
Trump’s tariffs program is based on flawed assumptions about the trade deficit
Commentary
Trump’s tariffs program is based on flawed assumptions about the trade deficit
By Steve H. Hanke and Matt SekerkeMarch 19, 2025
Trump and Putin teased ‘enormous economic deals’ in their call—but U.S. companies will experience a very different Russia if they return
Commentary
Trump and Putin teased ‘enormous economic deals’ in their call—but U.S. companies will experience a very different Russia if they return
By Charles HeckerMarch 19, 2025
Rigid work models won’t survive AI. Here’s what will
Commentary
Rigid work models won’t survive AI. Here’s what will
By Kelly Monahan and Alexandra LevitMarch 18, 2025
  • Don’t let deregulation fool you: Just because a compliance requirement disappears, it doesn’t mean the underlying risk does
    Commentary
    Don’t let deregulation fool you: Just because a compliance requirement disappears, it doesn’t mean the underlying risk does
    By Richard ChambersMarch 10, 2025
One point in the DEI debate everyone can agree on
Commentary
One point in the DEI debate everyone can agree on
By Andrew BeharMarch 18, 2025
Clean technology will prevail despite today’s policy uncertainty—so deploy, baby, deploy
Commentary
Clean technology will prevail despite today’s policy uncertainty—so deploy, baby, deploy
By Jonathan Weitz and Tensie WhelanMarch 18, 2025
Critical minerals processing will be the equivalent of 19th-century oil refineries—at a Rockefeller moment
Commentary
Critical minerals processing will be the equivalent of 19th-century oil refineries—at a Rockefeller moment
By Venkat PachaMarch 17, 2025
U.S. President Donald Trump.
Commentary
Tariffs won’t make America great again: Export-Import Bank’s former chairman and president
By Fred P. HochbergMarch 17, 2025
Keith Ferrazzi
Commentary
I’ve seen companies fail for want of honest feedback. Here’s how to build a culture of candor
By Keith FerrazziMarch 17, 2025
Informatica CEO: Lessons learned on my journey—from MBA grad to the least experienced person in the boardroom
Commentary
Informatica CEO: Lessons learned on my journey—from MBA grad to the least experienced person in the boardroom
By Amit WaliaMarch 17, 2025
Rick Lazio: A prescription for economic steroids before the midterms
Commentary
Rick Lazio: A prescription for economic steroids before the midterms
By Rick LazioMarch 17, 2025
Can Leapmotor save Stellantis in the shift to electric vehicles?
Commentary
Can Leapmotor save Stellantis in the shift to electric vehicles?
By James MorrisMarch 16, 2025
BMW puts faith for the future in its Neue Klasse as profits fall
Commentary
BMW puts faith for the future in its Neue Klasse as profits fall
By James MorrisMarch 15, 2025
The case for a U.S. sovereign wealth fund
Commentary
The case for a U.S. sovereign wealth fund
By Stephen PrinceMarch 13, 2025
The next C-suite pivot is from a DEI to a DOGE mindset—and leadership roles are in for a shakeup
Commentary
The next C-suite pivot is from a DEI to a DOGE mindset—and leadership roles are in for a shakeup
By John Rau March 13, 2025
Signs of recovery for John Lewis after strategic reset, but ‘the best is yet to come’
Commentary
Signs of recovery for John Lewis after strategic reset, but ‘the best is yet to come’
By Andrew BusbyMarch 13, 2025
Tesla doomed in Europe? Not so fast
Commentary
Tesla doomed in Europe? Not so fast
By James MorrisMarch 13, 2025
‘Gen Z’ the label hurts young people at work—and ‘Gen Beta’ is even more doomed if nothing changes
Commentary
‘Gen Z’ the label hurts young people at work—and ‘Gen Beta’ is even more doomed if nothing changes
By Dia GalloMarch 12, 2025
Entrepreneurs: Don’t overlook these three critical factors when choosing a capital partner
Commentary
Entrepreneurs: Don’t overlook these three critical factors when choosing a capital partner
By Ellen HavdalaMarch 12, 2025
China's Premier Li Qiang prepares to speak at the National People's Congress in Beijing last week.
Commentary
China has only one real way to hit its 2025 growth target
By Steve H. Hanke and Caleb HofmannMarch 11, 2025
Rosan Roeslani, Indonesia's minister of investment.
Commentary
Indonesia’s new sovereign wealth fund—at nearly $1 trillion—heralds an economic powerhouse taking full control of its resources
By Rosan RoeslaniMarch 11, 2025
‘Corporate social responsibility’ is a flawed concept. What we really need is ‘corporate accountability’
Commentary
‘Corporate social responsibility’ is a flawed concept. What we really need is ‘corporate accountability’
By Jane HoffmanMarch 10, 2025
My son’s rare disease diagnosis spurred me to ditch Big Pharma for a biotech startup
Commentary
My son’s rare disease diagnosis spurred me to ditch Big Pharma for a biotech startup
By Michelle WernerMarch 10, 2025
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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 victimsplaceholder alt text
By Catherina GioinoOctober 5, 2026
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Wealthy boomers doubt their heirs will keep giving as $124 trillion changes hands, BofA finds. The data shows a different realityplaceholder alt text
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Current price of oil as of October 6, 2026placeholder alt text
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