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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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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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Andy Dunn, American entrepreneur and the co-founder of Bonobos Inc
Leadership
Ask Andy: How do I choose the right cofounder for my startup?
By Andy DunnMay 23, 2024
  • Andy Dunn, American entrepreneur and the co-founder of Bonobos Inc
    Leadership
    Ask Andy: I’m a founder struggling with mental-health issues. How can I step away from my startup?
    By Andy DunnMay 9, 2024
Big Tech employees missed out on $5.1 billion in 401(k) gains over the last decade because of fossil fuels, new research finds
Commentary
Big Tech employees missed out on $5.1 billion in 401(k) gains over the last decade because of fossil fuels, new research finds
By Andrew BeharMay 22, 2024
Bipartisan support of cryptocurrency is resurging in Congress. Here’s why
Commentary
Bipartisan support of cryptocurrency is resurging in Congress. Here’s why
By Chris PerkinsMay 22, 2024
America’s productivity growth is recovering to pre-Great Financial Crisis rates. Europe has more work to do
Commentary
America’s productivity growth is recovering to pre-Great Financial Crisis rates. Europe has more work to do
By Chris Bradley, Olivia White and Jan MischkeMay 22, 2024
I cared for my dad under ‘hospital at home’ in his final weeks. The program is missing one big piece
Commentary
I cared for my dad under ‘hospital at home’ in his final weeks. The program is missing one big piece
By Jessica KimMay 21, 2024
Portrait of Serena Williams wearing a necklace that says "Mama" while watching a match.
Commentary
Health care workforce challenges must be addressed to support Black mothers
By Blake Simpson and Karen CoxMay 21, 2024
  • An internal combustion engine
    Commentary
    No, combustion engines won’t be supplanted by electric vehicles—and they’re critical for sustainable transport
    By Patrice HaettelMay 8, 2024
Corporate boards have never been more prepared to face down the anti-ESG backlash, new research finds
Commentary
Corporate boards have never been more prepared to face down the anti-ESG backlash, new research finds
By Tensie WhelanMay 21, 2024
Gen Zers walk into the workplace with one foot out the door—slandering them won’t solve the future-of-work conundrum
Commentary
Gen Zers walk into the workplace with one foot out the door—slandering them won’t solve the future-of-work conundrum
By Holger ReisingerMay 21, 2024
AI regulation isn’t happening fast enough—and for Gen Zers like me our future is on the line
Commentary
AI regulation isn’t happening fast enough—and for Gen Zers like me our future is on the line
By Sunny GandhiMay 20, 2024
We know very little about neurodivergent women—and they may be entirely overlooked at work
Commentary
We know very little about neurodivergent women—and they may be entirely overlooked at work
By Karyn TwaroniteMay 20, 2024
aerial view of homes in a housing development
Commentary
Utilities are doubling their 5-year electricity demand projections—but high interest rates and California’s NEM 3.0 have U.S. solar in a holding pattern
By Chris HopperMay 20, 2024
  • Fannie Mae CEO: Beyoncé is right. Climate change has already hit the housing market—and homeowners aren’t prepared
    Commentary
    Fannie Mae CEO: Beyoncé is right. Climate change has already hit the housing market—and homeowners aren’t prepared
    By Priscilla AlmodovarMay 8, 2024
The clock is ticking for Democrats on crypto
Commentary
The clock is ticking for Democrats on crypto
By Sheila Warren and Justin SlaughterMay 18, 2024
Portrait of Janet Markoff.
Commentary
I’m nearing 65 and am better than ever at my job. With more boomers opting not to retire, I’m not alone
By Janet MarkoffMay 18, 2024
Corporate America is mobilizing to support democracy in 2024 and beyond. Here’s how
Commentary
Corporate America is mobilizing to support democracy in 2024 and beyond. Here’s how
By Ryan Gellert and Greg BehrmanMay 17, 2024
Big Tech is pouring billions into British AI investments—but the U.K. risks becoming a sidekick to U.S. tech giants
Commentary
Big Tech is pouring billions into British AI investments—but the U.K. risks becoming a sidekick to U.S. tech giants
By Noel HurleyMay 17, 2024
American families are struggling with debt. When it gets forgiven, the tax code treats it like extra income
Commentary
American families are struggling with debt. When it gets forgiven, the tax code treats it like extra income
By Denise Dunckel MorseMay 16, 2024
The myth that money supply controls inflation is being revived. Here’s how it failed its most ardent believer—Margaret Thatcher
Commentary
The myth that money supply controls inflation is being revived. Here’s how it failed its most ardent believer—Margaret Thatcher
By Tim LankesterMay 16, 2024
I grew up in Kenya’s biggest slum and know from experience: International aid must shift toward community-based organizations
Commentary
I grew up in Kenya’s biggest slum and know from experience: International aid must shift toward community-based organizations
By Kennedy OdedeMay 15, 2024
A seminar between a team sitting together on colorful chairs in a modern office space.
Commentary
Gen AI looks easy. That’s what makes it so hard
By Rodney ZemmelMay 15, 2024
Ex-Lululemon CEO: Gen Zers want sustainably made and compostable products. Firms taking heed today will be market leaders tomorrow
Commentary
Ex-Lululemon CEO: Gen Zers want sustainably made and compostable products. Firms taking heed today will be market leaders tomorrow
By Bob MeersMay 15, 2024
Trade and investment data in the last two years dispel the deglobalization and decoupling myths as U.S.-China competition ignites ‘reglobalization’
Commentary
Trade and investment data in the last two years dispel the deglobalization and decoupling myths as U.S.-China competition ignites ‘reglobalization’
By Kenneth Dewoskin and Alan MacCharlesMay 15, 2024
Daniel Lubetzky: Here’s the real reason moderates are losing ground
Commentary
Daniel Lubetzky: Here’s the real reason moderates are losing ground
By Daniel LubetzkyMay 14, 2024
24/7 trading is already in full swing. Now Wall Street is considering ditching the opening and closing bells altogether
Commentary
24/7 trading is already in full swing. Now Wall Street is considering ditching the opening and closing bells altogether
By Richard TorrenzanoMay 14, 2024
Apple says privacy is a ‘core value.’ Tim Cook shouldn’t compromise it to bridge the gap on AI
Commentary
Apple says privacy is a ‘core value.’ Tim Cook shouldn’t compromise it to bridge the gap on AI
By Katie PaulMay 13, 2024
Employees have a once-in-a-generation chance to reimagine work—and they’re using it to demand an ‘emotional salary’
Commentary
Employees have a once-in-a-generation chance to reimagine work—and they’re using it to demand an ‘emotional salary’
By Hannah YardleyMay 13, 2024
Birthing mothers’ near-death experience rates are 100 times higher than maternal mortality—and we don’t even know exactly why
Commentary
Birthing mothers’ near-death experience rates are 100 times higher than maternal mortality—and we don’t even know exactly why
By Holly Maloney and Maneesh JainMay 10, 2024
Should you give job applicants an assignment during the interview process? Be thoughtful about the ask
Commentary
Should you give job applicants an assignment during the interview process? Be thoughtful about the ask
By Eoin DriverMay 10, 2024
Shark Tank entrepreneur: E-commerce giants are eating my sister’s lunch—and destroying the American Dream
Commentary
Shark Tank entrepreneur: E-commerce giants are eating my sister’s lunch—and destroying the American Dream
By Michael BenardeMay 10, 2024
Congress could soon spell the end of employment arbitration—but it’s not all good news for American workers
Commentary
Congress could soon spell the end of employment arbitration—but it’s not all good news for American workers
By Lewis L. Maltby and Theodore J. St. AntoineMay 9, 2024
Toronto Pearson International Airport.
Commentary
I’m the CTO of Canada’s biggest airport. AI isn’t destroying jobs in aviation—it’s giving us superpowers to improve air travel
By Brian TossanMay 9, 2024
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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
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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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