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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.
‘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 October 6, 2026
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A $443 million memecoin frenzy dissolves into nothing—Robinhood and Circle are latest to taste the memecoin boom-and-bust cycle
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Current price of Bitcoin for Oct. 6, 2026
Current price of Bitcoin for October 6, 2026
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Current price of oil as of July 27, 2026
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    By Lily Mae LazarusJuly 22, 2026
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Big Tech
Amazon and Microsoft are spending $400 billion on AI—and investors are low on patience
By Amanda GerutJuly 27, 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
Traders are getting a new tool to wager on the biggest U.S. stocks
Investing
Traders are getting a new tool to wager on the biggest U.S. stocks
By Bernard Goyder, Katherine Doherty and BloombergJuly 26, 2026
Big Tech earnings slam into a market in revolt over AI spending
Big Tech
Big Tech earnings slam into a market in revolt over AI spending
By Jeran Wittenstein, Ryan Vlastelica and BloombergJuly 26, 2026
A Gen Xer sold his company for $1.6 billion. He kept less than $100 million and gave the rest away because he doesn’t ‘believe in billionaires’
Success
A Gen Xer sold his company for $1.6 billion. He kept less than $100 million and gave the rest away because he doesn’t ‘believe in billionaires’
By Orianna Rosa RoyleJuly 26, 2026
  • After SpaceX’s $2 trillion debut, investors are eyeing Anthropic and OpenAI. Market experts share how to play the next trillion-dollar IPO
    Magazine
    After SpaceX’s $2 trillion debut, investors are eyeing Anthropic and OpenAI. Market experts share how to play the next trillion-dollar IPO
    By Amanda GerutJuly 22, 2026
The ‘Trump Trade’ is turning into a loser in the stock market
Investing
The ‘Trump Trade’ is turning into a loser in the stock market
By Geoffrey Morgan, Joel Leon and BloombergJuly 25, 2026
Can Apple’s incoming CEO bring back the product design mojo of the Steve Jobs era?
Magazine
Can Apple’s incoming CEO bring back the product design mojo of the Steve Jobs era?
By Sebastian HerreraJuly 25, 2026
An F/A-18E Super Hornet, attached to Strike Fighter Squadron (VFA) 14, makes an arrested landing on the flight deck of Nimitz-class aircraft carrier USS Abraham Lincoln
Success
Defense tech investors thought the war in Iran could make them millionaires. Instead, they faced a Wall Street bloodbath
By Preston ForeJuly 25, 2026
Inside Larry Culp’s playbook for fixing GE
Newsletters
Inside Larry Culp’s playbook for fixing GE
By Sheryl EstradaJuly 24, 2026
Three people sitting on stairs
Startups & Venture
Neo raises $100 million to hunt the zombie AI agents haunting your company
By Amanda GerutJuly 24, 2026
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    Kalshi’s ‘chronically online’ war room figured out World Cup virality — and realized AI might be bringing back the monoculture
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Personal Finance
Current price of Bitcoin for July 24, 2026
By Joseph HostetlerJuly 24, 2026
Current price of Ethereum for July 24, 2026
Personal Finance
Current price of Ethereum for July 24, 2026
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Alphabet Inc. and Google CEO Sundar Pichai speaks during the inauguration of a Google Artificial Intelligence (AI) hub in Paris on February 15, 2024. (
Big Tech
AI is forcing Big Tech to do something it’s never done: Spend more than it earns, and Wall Street hates it
By Eva RoytburgJuly 23, 2026
Photo of Speaker of the House Mike Johnson.
Politics
The Republican-controlled House just passed a stock trading bill — that exempts Trump’s 3,600 Q1 trades
By Joey Cappelletti and The Associated PressJuly 23, 2026
Amazon founder Jeff Bezos
Success
Amazon’s Jeff Bezos could be the latest American billionaire to buy into European soccer clubs—he’s eyeing up a stake in Liverpool FC
By Emma BurleighJuly 23, 2026
AI coding company Cursor, soon to be acquired by SpaceX, expands its CFO council
Newsletters
AI coding company Cursor, soon to be acquired by SpaceX, expands its CFO council
By Sheryl EstradaJuly 23, 2026
ServiceNow CEO Bill McDermott pumping his fist.
AI
Wall Street is finally starting to buy ServiceNow CEO Bill McDermott’s story as the company beats Q2 earnings forecasts
By Jeremy KahnJuly 23, 2026
Members of KAIO and Mubadala Capital stand side by side smiling at the camera.
Crypto
Coinbase invests in tokenized version of Abu Dhabi’s sovereign wealth fund 
By Camila Grigera NaónJuly 23, 2026
Moonshot, DeepSeek, and the Great Chinese AI IPO Rush
Startups & Venture
Moonshot, DeepSeek, and the Great Chinese AI IPO Rush
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Current price of Ethereum for July 23, 2026
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Current price of Bitcoin for July 23, 2026
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Man holding his hands open
Investing
A new group of stocks is transforming global equities markets. Meet ‘Memi,’ the $3 trillion sector fueled by AI’s insatiable hunger for memory chips
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Trump Accounts draw 6.5 million sign-ups, but some families are still waiting on the promised $1,000 funding
Investing
Trump Accounts draw 6.5 million sign-ups, but some families are still waiting on the promised $1,000 funding
By The Associated Press and Moriah BalingitJuly 22, 2026
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Success
‘The man who dies rich dies disgraced’: The last time America had such wealth inequality, Andrew Carnegie knew he had to give it all away
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orson
Commentary
We got California to intervene about OpenAI’s corporate switch from nonprofit status. It’s time for the SEC to come to the table
By Orson Aguilar and Catherine BracyJuly 22, 2026
A woman observes stock trends on her smartphone while a computer screen displays financial graphs.
Newsletters
Beyond SpaceX: Why great IPOs depend on more than first-day demand
By Sheryl EstradaJuly 22, 2026
Top CD rates from major banks July 22, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on July 22, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJuly 22, 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
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Current price of oil as of October 6, 2026placeholder alt text
By Joseph HostetlerOctober 6, 2026
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