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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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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
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Are we headed for a massive AI hangover? It’s a $600 billion question that needs to be addressed
Magazine
Are we headed for a massive AI hangover? It’s a $600 billion question that needs to be addressed
By Alyson ShontellAugust 5, 2024
  • Blanket phone bans in schools are well-intentioned—but they could backfire
    Commentary
    Blanket phone bans in schools are well-intentioned—but they could backfire
    By Dylan DiamondJuly 19, 2024
Teens are getting colorectal cancer at unprecedented rates—but a little-known IRA provision is blocking new lifesaving treatments
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Teens are getting colorectal cancer at unprecedented rates—but a little-known IRA provision is blocking new lifesaving treatments
By Michael SapienzaAugust 2, 2024
Fed Chair Jerome Powell is trying to explain away the inflation rollercoaster—but money supply is absent from his script
Commentary
Fed Chair Jerome Powell is trying to explain away the inflation rollercoaster—but money supply is absent from his script
By John Greenwood and Steve H. HankeAugust 2, 2024
Simone Biles has really destigmatized mental health leave for millions of women
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Simone Biles has really destigmatized mental health leave for millions of women
By Jennifer BirdsallAugust 2, 2024
Meta, Microsoft, and Google blew blinding amounts of AI smoke during earnings—here’s what we actually learned
Tech
Meta, Microsoft, and Google blew blinding amounts of AI smoke during earnings—here’s what we actually learned
By Alexei OreskovicAugust 1, 2024
Heather Shoemaker, CEO of Language I/O
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Biases in AI chatbots pose a risk to my real-time translation startup. Diversity and inclusion help us fight them
By Heather ShoemakerJuly 31, 2024
  • Tech billionaires’ Trump-Vance dance is missing the point: You can’t always get what you want
    Commentary
    Tech billionaires’ Trump-Vance dance is missing the point: You can’t always get what you want
    By Jeffrey Sonnenfeld and Anthony ScaramucciJuly 18, 2024
Venezuela’s Nicolas Maduro proves Milton Friedman right, 60 years later
Commentary
Venezuela’s Nicolas Maduro proves Milton Friedman right, 60 years later
By Benjamin PowellJuly 31, 2024
The ‘Trump Dump’ is back—and the stocks that he targets are crashing
Commentary
The ‘Trump Dump’ is back—and the stocks that he targets are crashing
By Jeffrey Sonnenfeld, Whitney Tilson and Steven TianJuly 30, 2024
Angela Fitch. cofounder and chief medical officer of knownwell.
Commentary
I’m an obesity medicine doctor and I’ve been on weight-loss drugs like Ozempic for a decade. Here’s why I think they aren’t a fad
By Angela FitchJuly 30, 2024
The rise of Kamala Harris proves Indian-Americans’ winning bet on assimilation is paying off
Commentary
The rise of Kamala Harris proves Indian-Americans’ winning bet on assimilation is paying off
By Vivek WadhwaJuly 30, 2024
AI cannot replace software engineers—take it from someone who fought to become one and now helps others pursue the career
Commentary
AI cannot replace software engineers—take it from someone who fought to become one and now helps others pursue the career
By Winston TangJuly 30, 2024
  • Healthy women help everyone rise—I’ve seen it in Kenya
    Commentary
    Healthy women help everyone rise—I’ve seen it in Kenya
    By Wendo AszedJuly 18, 2024
Paris Saint-Denis and London Stratford tell a tale of two difficult suburbs transformed by the Olympic Games
Commentary
Paris Saint-Denis and London Stratford tell a tale of two difficult suburbs transformed by the Olympic Games
By Gavin PooleJuly 30, 2024
Richard Attias: ‘We don’t need to rely exclusively on Western countries to level up the less developed ones’
Commentary
Richard Attias: ‘We don’t need to rely exclusively on Western countries to level up the less developed ones’
By Richard AttiasJuly 29, 2024
Trump and Vance shouldn’t give in to European-style labor regulation
Commentary
Trump and Vance shouldn’t give in to European-style labor regulation
By Liya PalagashviliJuly 29, 2024
40% of the world’s water needs will go unmet by 2030 as desalination tech plateaus
Commentary
40% of the world’s water needs will go unmet by 2030 as desalination tech plateaus
By Anousheh AnsariJuly 26, 2024
Harris and Trump need to seduce politically fluid Gen Z ‘Tinder singles’ to win
Commentary
Harris and Trump need to seduce politically fluid Gen Z ‘Tinder singles’ to win
By Matt Canter and Sara FagenJuly 26, 2024
An intergenerational epidemic is bubbling beneath America’s maternal mental health crisis
Commentary
An intergenerational epidemic is bubbling beneath America’s maternal mental health crisis
By Shama RathiJuly 26, 2024
Forget the pundits and polls—internet prediction markets anticipated Biden’s withdrawal weeks ago
Commentary
Forget the pundits and polls—internet prediction markets anticipated Biden’s withdrawal weeks ago
By Alex TapscottJuly 25, 2024
How Americans can stay safe at the Paris Olympics amid global threats, according to top security experts
Commentary
How Americans can stay safe at the Paris Olympics amid global threats, according to top security experts
By Andrew Borene and Peter FordJuly 25, 2024
Asia’s productivity is lagging behind. Generative AI—and the region’s digital edge—can help close the gap
Commentary
Asia’s productivity is lagging behind. Generative AI—and the region’s digital edge—can help close the gap
By Patrick Winter and Sooyeon KimJuly 24, 2024
Private equity is devouring the economy as boomer entrepreneurs exit—but a new approach to employee ownership can change that
Commentary
Private equity is devouring the economy as boomer entrepreneurs exit—but a new approach to employee ownership can change that
By Bill FotschJuly 24, 2024
AI could become the ‘new steel’ as overcapacity risk goes unnoticed
Commentary
AI could become the ‘new steel’ as overcapacity risk goes unnoticed
By Susan Ariel AaronsonJuly 24, 2024
AI could be the best long-term disinflationary force in a challenging global economy
Commentary
AI could be the best long-term disinflationary force in a challenging global economy
By Sowmyanarayan SampathJuly 23, 2024
Biden follows a long line of Western leaders who voluntarily surrendered power at the end of a ‘heroic journey,’ says the author of The Hero’s Farewell
Commentary
Biden follows a long line of Western leaders who voluntarily surrendered power at the end of a ‘heroic journey,’ says the author of The Hero’s Farewell
By Jeffrey SonnenfeldJuly 23, 2024
The global M&A market’s big-deal bravado is losing steam as rates stay high in 2024
Commentary
The global M&A market’s big-deal bravado is losing steam as rates stay high in 2024
By Lucinda GuthrieJuly 23, 2024
How people and Gen AI can work together to grow the economy
Commentary
How people and Gen AI can work together to grow the economy
By Manish SharmaJuly 22, 2024
Why it’s so difficult to convince leaders like President Biden to step back
Commentary
Why it’s so difficult to convince leaders like President Biden to step back
By David MeadvinJuly 22, 2024
Summer could be the worst time of the year for employee mental health. Here’s why
Commentary
Summer could be the worst time of the year for employee mental health. Here’s why
By Smriti JoshiJuly 22, 2024
Jotform founder Aytekin Tank
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Introversion didn’t stop me from growing my company to over 650 employees—and shouldn’t stop you either
By Aytekin TankJuly 19, 2024
Legendary venture capitalist Mike Maples has revealed the one thing world-changing startups have in common. Use it to spot the next winners in the age of exponential tech
Commentary
Legendary venture capitalist Mike Maples has revealed the one thing world-changing startups have in common. Use it to spot the next winners in the age of exponential tech
By Vivek WadhwaJuly 19, 2024
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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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By Joseph HostetlerOctober 6, 2026
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