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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 
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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.
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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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Jeff Bezos could add to the swelling ranks of American billionaires in English soccer
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Microsoft leads stock comeback from Wednesday carnage
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Trump’s dollar déjà vu: what an uncanny chart about the greenback shows about American exceptionalism
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Flirting with $5 trillion, Apple has never been more valuable—or more risky for investors
Big Tech
Flirting with $5 trillion, Apple has never been more valuable—or more risky for investors
By Shawn TullyJuly 30, 2026
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Big Tech
Meta stock drops 10% as free cash flow gets crushed—and Zuckerberg hints at launching cloud business with few details
By Eva RoytburgJuly 29, 2026
Robinhood Markets logo is seen displayed on a smartphone screen.
Investing
Robinhood CFO details surging prediction market business as firm posts record revenue in Q2
By Jeff John RobertsJuly 29, 2026
nyse
Energy
Dow drops over 1,100 points as sinking tech stocks combine with jumping oil prices to drag markets down
By Stan Choe and The Associated PressJuly 29, 2026
A television station broadcasts Kevin Warsh, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting as traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, July 29, 2026.
Economy
Wall Street is panicking over Kevin Warsh’s patience
By Eva RoytburgJuly 29, 2026
Bernard Arnault, CEO of LVMH
Success
LVMH CEO Bernard Arnault reveals he owned nearly 20% of Netflix, but cashed out too early—his stake could be worth up to $60 billion today
By Emma BurleighJuly 29, 2026
  • the world
    Economy
    McKinsey: Global households got $40 trillion richer in 2025 as the paper wealth economy swelled to $1.8 quadrillion
    By Nick LichtenbergJuly 27, 2026
Photo of Kevin Warsh
Energy
Fed expected to hold rates as Iran-Jordan clash reignites war fears, with oil prices jumping more than 4%
By Yuri Kageyama, Matt Ott and The Associated PressJuly 29, 2026
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Personal Finance
Top CD rates from major banks on July 29, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJuly 29, 2026
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Personal Finance
Current price of Bitcoin for July 29, 2026
By Joseph HostetlerJuly 29, 2026
Current price of Ethereum for July 29, 2026
Personal Finance
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By Joseph HostetlerJuly 29, 2026
Jamie Dimon says his stockbroker father taught him to invest with a ‘brutally hard’ childhood game
C-Suite
Jamie Dimon says his stockbroker father taught him to invest with a ‘brutally hard’ childhood game
By Sarah GlodekJuly 29, 2026
Coinbase and Robinhood are in a heated battle rivalry—and this week’s Q2 earnings will show who has the edge
Crypto
Coinbase and Robinhood are in a heated battle rivalry—and this week’s Q2 earnings will show who has the edge
By Jeff John RobertsJuly 28, 2026
Traders work on the floor of the New York Stock Exchange (NYSE) on July 24, 2026 in New York.
Big Tech
‘A lot of panic around the AI investment’: How a chip slump is driving the Nasdaq toward correction 
By Eva RoytburgJuly 28, 2026
Top CD rates from major banks July 28, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on July 28, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJuly 28, 2026
Current price of Ethereum for July 28, 2026
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Jeff Zucker is banking on the UAE to help build his new $8 billion entertainment empire
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Jeff Zucker is banking on the UAE to help build his new $8 billion entertainment empire
By Melissa HancockJuly 28, 2026
‘The UAE has been a fantastic investor’: Jeff Zucker hails UAE partnership after Banijay merger
Newsletters
‘The UAE has been a fantastic investor’: Jeff Zucker hails UAE partnership after Banijay merger
By Melissa HancockJuly 28, 2026
Sun Life launches global private wealth platform targeting Asia’s booming HNWI market
Asia
Sun Life launches global private wealth platform targeting Asia’s booming HNWI market
By Angelica AngJuly 28, 2026
Meet the ‘AI Centurions’—6 formerly sleepy stocks that now have market caps over $100 billion
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Meet the ‘AI Centurions’—6 formerly sleepy stocks that now have market caps over $100 billion
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Asia
A Chinese chip maker’s shares surged 466% in their first day of trading as AI boom worm turns
By Chan Ho-Him and The Associated PressJuly 27, 2026
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Commentary
In the Age of Big Players, $100,000 buys you a head start on Trump’s mood
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How an ex-AWS scientist plans to take on OpenAI and Meta in voice AI models
Startups & Venture
How an ex-AWS scientist plans to take on OpenAI and Meta in voice AI models
By Sebastian HerreraJuly 27, 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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