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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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News and analysis on the business of the stock market, the latest tech trends, and how the top businesses are doing in the current climate.
‘The secret world of secondaries’: How a niche area of finance is emerging as a new liquidity engine in the Gulf
‘The secret world of secondaries’: How a niche area of finance is emerging as a new liquidity engine in the Gulf

As global and regional liquidity tightens, a nascent Gulf secondary market is giving investors, founders, and early backers a new route to monetisation

By Melissa HancockOctober 7, 2026
Saudi’s economic transformation collides with war and falling FDI 
Saudi’s economic transformation collides with war and falling FDI 
By Melissa HancockOctober 7, 2026
Jon Rahm of Spain drops his club on the 13th hole during the first round of the BMW Championship golf tournament in Virginia Water, England.
‘It’s been a very strange year on LIV’: LIV Golf to get $300 million investment to help the circuit emerge from bankruptcy
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Current price of Ethereum for Oct. 6, 2026
Current price of Ethereum for October 6, 2026
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A woman trades on her phone in front of a computer with a display of crypto charts.
A $443 million memecoin frenzy dissolves into nothing—Robinhood and Circle are latest to taste the memecoin boom-and-bust cycle
By Camila Grigera NaónOctober 6, 2026
Current price of Bitcoin for Oct. 6, 2026
Current price of Bitcoin for October 6, 2026
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    Jeff Bezos could add to the swelling ranks of American billionaires in English soccer
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Current price of Bitcoin for August 4, 2026
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Ray Dalio on the AI bubble nearing 1929, 2000 levels and the lesson people always forget: ‘Wealth is not the same as money’
Investing
Ray Dalio on the AI bubble nearing 1929, 2000 levels and the lesson people always forget: ‘Wealth is not the same as money’
By Nick LichtenbergAugust 4, 2026
Alex Karp, wearing a hat, gives a peace sign
AI
Palantir CEO Alex Karp celebrates 93% revenue growth as stock soars after blockbuster earnings: ‘For the first time people believe us’
By Preston ForeAugust 3, 2026
Palantir CEO Alex Karp
AI
Palantir shares jump 13% as U.S. AI demand sends revenue soaring past targets
By Preston ForeAugust 3, 2026
  • People pass the New York Stock Exchange on the street.
    Big Tech
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    By Stan Choe and The Associated PressJuly 30, 2026
broker
Investing
Wall Street bulls are starting to admit the earnings bubble is real—and the 60/40 portfolio may be the first casualty
By Nick LichtenbergAugust 3, 2026
Photo of traders on floor of New York Stock Exchange
Economy
Oil tumbles and stock futures surge after Trump said Iran deal was near
By The Associated Press, Elaine Kurtenbach and Matt OttAugust 3, 2026
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Personal Finance
Current price of Bitcoin for August 3, 2026
By Joseph HostetlerAugust 3, 2026
Current price of Ethereum for August 3, 2026
Personal Finance
Current price of Ethereum for August 3, 2026
By Joseph HostetlerAugust 3, 2026
Current price of oil as of August 3, 2026
Personal Finance
Current price of oil as of August 3, 2026
By Joseph HostetlerAugust 3, 2026
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    Personal Finance
    Current price of Ethereum for July 30, 2026
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Markets signal investors are back in buying mode again after Kospi’s record surge, while Trump gives peace a chance with latest Iran reversal
Investing
Markets signal investors are back in buying mode again after Kospi’s record surge, while Trump gives peace a chance with latest Iran reversal
By Jason MaAugust 2, 2026
Wall Street’s favorite bet comes undone as chips whipsaw market
Investing
Wall Street’s favorite bet comes undone as chips whipsaw market
By Ryan Vlastelica and BloombergAugust 2, 2026
Jefferies analyst calls out ‘simple-minded’ criticism of SpaceX’s governance
Investing
Jefferies analyst calls out ‘simple-minded’ criticism of SpaceX’s governance
By Alastair Marsh and BloombergAugust 2, 2026
Crushed by Kospi rout, angry Koreans rip Lee and vow not to buy
Investing
Crushed by Kospi rout, angry Koreans rip Lee and vow not to buy
By Youkyung Lee, Sangmi Cha and BloombergAugust 2, 2026
Parent with Gen Z adult kid talking about money
Success
Two-thirds of parents say their adult Gen Z kids still rely on them financially for support—even though it’s putting them under strain
By Emma BurleighAugust 2, 2026
SpaceX’s record IPO is helping spur a new wave of startups aiming for orbit and opening a vast new market beyond Earth
Startups & Venture
SpaceX’s record IPO is helping spur a new wave of startups aiming for orbit and opening a vast new market beyond Earth
By Marco Quiroz-GutierrezAugust 2, 2026
Fed Chair Kevin Warsh talks a big game, but this market indicator will tell you if Wall Street trusts him after he caused a ‘credibility shock’
Economy
Fed Chair Kevin Warsh talks a big game, but this market indicator will tell you if Wall Street trusts him after he caused a ‘credibility shock’
By Jason MaAugust 1, 2026
You need $2 million to retire and ‘almost no one is close,’ BlackRock CEO warns, a problem that Gen X will make ‘harder and nastier’
Personal Finance
You need $2 million to retire and ‘almost no one is close,’ BlackRock CEO warns, a problem that Gen X will make ‘harder and nastier’
By Sydney LakeAugust 1, 2026
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Investing
Stocks finish wild month with Amazon rising, Apple sinking and Seoul’s best day ever resulting in a 22% loss
By Stan Choe and The Associated PressAugust 1, 2026
cuban
Arts & Entertainment
Mark Cuban’s Las Vegas A’s investment is his ‘Sports 2.0’ Dallas Mavericks playbook all over again — with one key change
By Joshua HongJuly 31, 2026
After a nearly 1,000% surge, the AI debt orgy can’t last forever, while hidden borrowing has exploded to $1.65 trillion
Big Tech
After a nearly 1,000% surge, the AI debt orgy can’t last forever, while hidden borrowing has exploded to $1.65 trillion
By Jason MaJuly 31, 2026
An Apple flagship store
Investing
Apple shows that AI winners don’t have to build the biggest models
By Sheryl EstradaJuly 31, 2026
ipo
Big Tech
Microsoft’s best day in markets since 2008 shows the AI trade isn’t dead, just pickier
By Stan Choe and The Associated PressJuly 31, 2026
Current price of Ethereum for July 31, 2026
Personal Finance
Current price of Ethereum for July 31, 2026
By Joseph HostetlerJuly 31, 2026
Current price of Bitcoin for July 31, 2026
Personal Finance
Current price of Bitcoin for July 31, 2026
By Joseph HostetlerJuly 31, 2026
trader
Commentary
The rise of financial nihilism in retail traders
By Derek HorstmeyerJuly 31, 2026
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Big Tech
Andy Jassy said Amazon will spend $220 billion this year—and still won’t have enough capacity to meet demand
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nyse
Investing
Microsoft’s $480 billion rally fuels a debate: Financial nihilism or the true AI moat finally coming into view?
By Nick LichtenbergJuly 30, 2026
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Big Tech
Microsoft’s stock has biggest one-day gain since 2008, adding $480 billion in market value as cloud business booms
By Amanda GerutJuly 30, 2026
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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
Personal Finance
Current price of oil as of October 6, 2026placeholder alt text
By Joseph HostetlerOctober 6, 2026
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