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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

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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
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No, ESG and DEI don’t just have a branding problem
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No, ESG and DEI don’t just have a branding problem
By David MeadvinFebruary 16, 2024
  • Alex Chriss is set to become PayPal's president and CEO on Sept. 27, 2023.
    Commentary
    AI is reshaping financial forecasts and disclosure–and making language more important than ever
    By Richard TorrenzanoJanuary 31, 2024
America should be the eagle, not the ostrich, of the clean energy transition
Commentary
America should be the eagle, not the ostrich, of the clean energy transition
By Ed FarringtonFebruary 15, 2024
The S&P 500 are running out of ideas–and they can’t keep telling Wall Street that AI will fix all their problems
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The S&P 500 are running out of ideas–and they can’t keep telling Wall Street that AI will fix all their problems
By John G. SingerFebruary 15, 2024
Climate activism is making Big Oil bigger. But it’s not all bad news for the energy transition
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Climate activism is making Big Oil bigger. But it’s not all bad news for the energy transition
By Andrea GuerzoniFebruary 15, 2024
America faces a shortage of primary care doctors–and they’re drowning in work. Here’s how AI can solve the physician burnout crisis
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America faces a shortage of primary care doctors–and they’re drowning in work. Here’s how AI can solve the physician burnout crisis
By Sunita MishraFebruary 14, 2024
Elon Musk’s desperate search for revenue at X
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Elon Musk’s desperate search for revenue at X
By Mathew IngramFebruary 14, 2024
  • The federal government is simultaneously investing in my startup–and crippling our business with a little-known tax code provision. Only Congress can save us
    Commentary
    The federal government is simultaneously investing in my startup–and crippling our business with a little-known tax code provision. Only Congress can save us
    By Rayana MarkerJanuary 31, 2024
Travis Kelce’s Super Bowl behavior is emblematic of the ‘rise of the jerk’
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Travis Kelce’s Super Bowl behavior is emblematic of the ‘rise of the jerk’
By Brian HamiltonFebruary 13, 2024
Photo of a person using a credit card at a gas pump
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Congress could be about to give grocery stores and gas stations new payment options—but big banks are warning the savings will not be passed on to consumers and could mean the end of credit card rewards
By Richard HuntFebruary 13, 2024
‘An age of manufactured mistrust’: Here’s what rampant disinformation means for health, climate, and democracy
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‘An age of manufactured mistrust’: Here’s what rampant disinformation means for health, climate, and democracy
By Bill NovelliFebruary 13, 2024
Everybody hates inflation–even grocers
Commentary
Everybody hates inflation–even grocers
By Tyler RenaghanFebruary 12, 2024
Here’s how the U.S., Europe, and China are faring in the post-pandemic race for economic growth
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Here’s how the U.S., Europe, and China are faring in the post-pandemic race for economic growth
By Philipp Carlsson-Szlezak and Paul SwartzFebruary 12, 2024
  • A language dies every 2 weeks. AI can help save them from digital extinction–or accelerate their demise
    Commentary
    A language dies every 2 weeks. AI can help save them from digital extinction–or accelerate their demise
    By Karthik ChidambaramJanuary 30, 2024
Want to understand what’s truly driving the crypto boom? Think of it as intergenerational revenge
Commentary
Want to understand what’s truly driving the crypto boom? Think of it as intergenerational revenge
By Omid MalekanFebruary 9, 2024
Americans think their older loved ones are more vulnerable to scammers–but Gen Zers report having fallen for scams more than any other generation
Commentary
Americans think their older loved ones are more vulnerable to scammers–but Gen Zers report having fallen for scams more than any other generation
By Michael SteinbachFebruary 9, 2024
‘A Kodak déjà vu’: Apple’s Vision Pro is yet to find its killer app–and it could spell trouble for Tim Cook’s risky bet
Commentary
‘A Kodak déjà vu’: Apple’s Vision Pro is yet to find its killer app–and it could spell trouble for Tim Cook’s risky bet
By Steve BlankFebruary 9, 2024
Exxon is taking its shareholders to court as the anti-ESG backlash escalates into a civil war between the proponents of shareholder primacy
Commentary
Exxon is taking its shareholders to court as the anti-ESG backlash escalates into a civil war between the proponents of shareholder primacy
By Walter FrickFebruary 8, 2024
VA Secretary: Returning to the office helps Veterans
Commentary
VA Secretary: Returning to the office helps Veterans
By Denis McDonoughFebruary 8, 2024
AI chatbots are making cybersecurity work much easier–but foundation models are about to revolutionize it
Commentary
AI chatbots are making cybersecurity work much easier–but foundation models are about to revolutionize it
By Sridhar MuppidiFebruary 7, 2024
Zero interest-rate babies are facing their day of reckoning. It’s time this generation of startups learns how to fly
Commentary
Zero interest-rate babies are facing their day of reckoning. It’s time this generation of startups learns how to fly
By Raphaelle d’OrnanoFebruary 7, 2024
Nelson Peltz is still trying to get seats on Disney’s board–but Bob Iger is no easy target for the activist investor’s 25th attempt to take control of the company
Commentary
Nelson Peltz is still trying to get seats on Disney’s board–but Bob Iger is no easy target for the activist investor’s 25th attempt to take control of the company
By Jeffrey Sonnenfeld and Steven TianFebruary 6, 2024
Working fathers are the new target of microaggressions–and they are worried they could be getting ‘daddy tracked’
Commentary
Working fathers are the new target of microaggressions–and they are worried they could be getting ‘daddy tracked’
By Paul SullivanFebruary 6, 2024
Tech valuations are at a 10-year low–but optimism should be at a 5-year high. Here’s why
Commentary
Tech valuations are at a 10-year low–but optimism should be at a 5-year high. Here’s why
By Ryan HinkleFebruary 5, 2024
America is doing PTO wrong–and its burned-out workforce is less productive than the 11 nations that know how to take a break
Commentary
America is doing PTO wrong–and its burned-out workforce is less productive than the 11 nations that know how to take a break
By Molly Johnson-JonesFebruary 5, 2024
Forget the Turing Test. AI needs to pass the Summer Camp Test before it can take over the world
Commentary
Forget the Turing Test. AI needs to pass the Summer Camp Test before it can take over the world
By Kathy PhamFebruary 2, 2024
More tech startups are expected to IPO this year–but stock option decisions are becoming more complicated for their employees
Commentary
More tech startups are expected to IPO this year–but stock option decisions are becoming more complicated for their employees
By Mary Jane McCaghrenFebruary 2, 2024
How your company could be tomorrow’s surprise GenAI leader
Commentary
How your company could be tomorrow’s surprise GenAI leader
By François Candelon, Philip Evans, Leonid Zhukov and David Zuluaga MartínezFebruary 2, 2024
The Biden administration’s freeze on LNG projects is a gift to Putin
Commentary
The Biden administration’s freeze on LNG projects is a gift to Putin
By Mike SommersFebruary 1, 2024
How I found myself at the center of a diversity row involving a national broadcaster, a regulator, and the U.K. government that shone a light on boardroom representation
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How I found myself at the center of a diversity row involving a national broadcaster, a regulator, and the U.K. government that shone a light on boardroom representation
By Rozina BreenFebruary 1, 2024
The markets are starting to realize just how hawkish the Fed is–and reckoning with higher-for-longer interest rates
Commentary
The markets are starting to realize just how hawkish the Fed is–and reckoning with higher-for-longer interest rates
By Oliver RustJanuary 31, 2024
The fight against greenwashing starts with AI. Here’s why
Commentary
The fight against greenwashing starts with AI. Here’s why
By Anirban BoseJanuary 31, 2024
Review: In ‘Read Write Own,’ venture capitalist Chris Dixon makes a serious case for crypto in wake of FTX debacle
Commentary
Review: In ‘Read Write Own,’ venture capitalist Chris Dixon makes a serious case for crypto in wake of FTX debacle
By Jeff John RobertsJanuary 31, 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
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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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