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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
By Joseph HostetlerOctober 6, 2026
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Jeremy Grantham, co-founder and chief investment strategist of GMO LLC, during an interview on an episode of Bloomberg Wealth with David Rubenstein in Boston, Massachusetts, US, on Thursday, Aug. 17, 2023.
Investing
Famed investor Jeremy Grantham says history will end up laughing at SpaceX, the ‘craziest IPO in the history of man’ that just joined the Nasdaq 100
By Eleanor PringleJuly 8, 2026
  • Meta’s cloud compute dreams: Why opt for U.S. AI data centers when Saudi Arabia has cheap oil and cheaper power?
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Presidents aren’t supposed to pick winners, former White House ethics lawyer says. Trump keeps choosing Dell
Politics
Presidents aren’t supposed to pick winners, former White House ethics lawyer says. Trump keeps choosing Dell
By Mia OsmonbekovJuly 7, 2026
Bill Holland gesturing
Success
He went from working in a factory to being rich enough to retire at 32—but 3 decades later, this millionaire still works and takes public transport
By Preston ForeJuly 7, 2026
Tech volatility hits highest since dot-com bust next to S&P 500
Investing
Tech volatility hits highest since dot-com bust next to S&P 500
By Bernard Goyder and BloombergJuly 7, 2026
Current price of Ethereum for July 7, 2026
Personal Finance
Current price of Ethereum for July 7, 2026
By Joseph HostetlerJuly 7, 2026
Current price of Bitcoin for July 7, 2026
Personal Finance
Current price of Bitcoin for July 7, 2026
By Joseph HostetlerJuly 7, 2026
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    Commentary
    America’s 250th birthday has Elon Musk and a record IPO. Its 15th had Alexander Hamilton — and a stock market bubble
    By Owen LamontJuly 2, 2026
Top CD rates from major banks July 7, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on July 7, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJuly 7, 2026
OPEC+ to pump more oil as market fears shift from shortage to glut 
Newsletters
OPEC+ to pump more oil as market fears shift from shortage to glut 
By Melissa HancockJuly 7, 2026
Despite a $220 million net worth, Rafael Nadal says he won’t retire because he hates waking up to no plans—so he’s opened a chain of hotels instead
Success
Despite a $220 million net worth, Rafael Nadal says he won’t retire because he hates waking up to no plans—so he’s opened a chain of hotels instead
By Orianna Rosa RoyleJuly 7, 2026
e
Commentary
SpaceX’s supervoting shares put a decades-old governance debate back in play
By Jeffrey Sonnenfeld and Steven TianJuly 6, 2026
Strategy executive chairman Michael Saylor wears a microphone and looks into the crowd during a conference.
Crypto
Strategy sheds $216 million in Bitcoin in crypto hoarder’s largest sale ever
By Camila Grigera NaónJuly 6, 2026
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    Startups & Venture
    The defense tech boom has become a bubble—or it will be soon
    By Allie GarfinkleJuly 2, 2026
EasyJet’s stock shows Castlelake bid is far from a done deal
Investing
EasyJet’s stock shows Castlelake bid is far from a done deal
By Kate Duffy and BloombergJuly 6, 2026
Current price of Bitcoin for July 6, 2026
Personal Finance
Current price of Bitcoin for July 6, 2026
By Joseph HostetlerJuly 6, 2026
Current price of Ethereum for July 6, 2026
Personal Finance
Current price of Ethereum for July 6, 2026
By Joseph HostetlerJuly 6, 2026
Current price of oil as of July 6, 2026
Personal Finance
Current price of oil as of July 6, 2026
By Joseph HostetlerJuly 6, 2026
A group of smiling female friends.
Personal Finance
America’s rich are going to be ‘younger, more female—and more openly queer,’ says UBS, all thanks to the Great Wealth Transfer
By Eleanor PringleJuly 6, 2026
Photo: Kwak Noh-jung, chief executive officer of SK Hynix.
AI
$29 billion stock offering going live this week will test investor appetite for AI companies 
By Jim EdwardsJuly 6, 2026
The stock market is about to suffer a ‘snapback’ and will lose much of this year’s gains as ‘speculation is hitting extreme levels,’ BofA warns
Investing
The stock market is about to suffer a ‘snapback’ and will lose much of this year’s gains as ‘speculation is hitting extreme levels,’ BofA warns
By Jason MaJuly 5, 2026
SK Hynix seeks access to AI investors in $29 billion U.S. listing
Investing
SK Hynix seeks access to AI investors in $29 billion U.S. listing
By Bailey Lipschultz, Jeran Wittenstein, Yiqin Shen and BloombergJuly 5, 2026
Shark Tank’s Kevin O’Leary says if he were 25 today, he’d chase these two booming opportunities in the world of AI
AI
Shark Tank’s Kevin O’Leary says if he were 25 today, he’d chase these two booming opportunities in the world of AI
By Marco Quiroz-GutierrezJuly 5, 2026
Trump Accounts are now available for kids. Here’s where the money will be invested in the stock market—in line with Warren Buffett’s advice
Investing
Trump Accounts are now available for kids. Here’s where the money will be invested in the stock market—in line with Warren Buffett’s advice
By Jason MaJuly 4, 2026
Chad Hurley and Steven Chen wearing suits
Success
YouTube’s founders split over $650 million when they sold to Google in 2006—had they held out, they could have taken a slice of $550 billion
By Preston ForeJuly 3, 2026
A $75 billion valuation, 75 million global customers and on its way to America—Revolut is London’s disruptor extraordinaire
Magazine
A $75 billion valuation, 75 million global customers and on its way to America—Revolut is London’s disruptor extraordinaire
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Man in a black hat and jacket
Investing
Elon Musk can’t sell a single SpaceX share for a year—and then all the locks crack open at once
By Amanda GerutJuly 3, 2026
bis
Investing
Global stocks stage a rally as American markets take the day off
By Elaine Kurtenbach and The Associated PressJuly 3, 2026
Michael Burry just shorted Caterpillar’s 172% AI rally. One analyst says his bet won’t even matter
Investing
Michael Burry just shorted Caterpillar’s 172% AI rally. One analyst says his bet won’t even matter
By Marco Quiroz-GutierrezJuly 2, 2026
h
Economy
‘More fizzle than sparkle’: June jobs report fails to launch a July 4 firework
By Nick LichtenbergJuly 2, 2026
Trump stopped talking about these media stocks, but his portfolio didn’t stop trading them
Investing
Trump stopped talking about these media stocks, but his portfolio didn’t stop trading them
By Mia OsmonbekovJuly 2, 2026
Current price of Bitcoin for July 2, 2026
Personal Finance
Current price of Bitcoin for July 2, 2026
By Joseph HostetlerJuly 2, 2026
Current price of Ethereum for July 2, 2026
Personal Finance
Current price of Ethereum for July 2, 2026
By Joseph HostetlerJuly 2, 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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