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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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Current price of Bitcoin for October 6, 2026
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Two young men sit in the stands at a sports event and smile while looking at a phone
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‘This is a money-losing proposition for most of these individuals’: Americans are draining stock portfolios to shovel more money into sports betting
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The veteran Fortune 500 CEO who turned an 80-year-old AC company into an AI darling
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The veteran Fortune 500 CEO who turned an 80-year-old AC company into an AI darling
By Shawn TullyAugust 22, 2026
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YouTube offers creators millions to not work with Netflix
By Lucas Shaw and BloombergAugust 21, 2026
A trader trading crypto on their phone.
Crypto
Bitcoin soars to nearly $80,000—but crypto’s new favorite coin, Hyperliquid, is stealing its thunder
By Camila Grigera NaónAugust 21, 2026
Eric Schmidt, chief executive officer of Relativity Space and former chief executive officer of Google, during the America Business Forum in Miami, Florida.
Politics
Eric Schmidt is reportedly at odds with Google cofounder Sergey Brin over how a $100 million campaign against California’s billionaire tax is spent
By Joshua HongAugust 21, 2026
Gold, silver, or cash: Which has been the better crisis hedge over the last 50 years?
Personal Finance
Gold, silver, or cash: Which has been the better crisis hedge over the last 50 years?
By Joseph HostetlerAugust 21, 2026
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Current price of Ethereum for August 21, 2026
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Shakeel Lala (L), Ben Robertson and Hardy Michel, co-founders of Marloo.
Commentary
Our AI startup is growing 40% a month helping financial advisers do what they love: giving advice
By Hardy Michel, Shakeel Lala and Ben RobertsonAugust 21, 2026
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Why the bond market is acting like it did before the Great Recession
By Stan Choe, Christopher Rugaber and The Associated PressAugust 20, 2026
Current price of Bitcoin for Aug. 20, 2026
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By Joseph HostetlerAugust 20, 2026
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    Personal Finance
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A picture of Bitcoin with a backdrop of a trading chart.
Crypto
Bitcoin posts surprise rally as currency nears $70,000 for the first time since June
By Camila Grigera NaónAugust 19, 2026
Edward P. Lazear, left, congratulates Randall S. Kroszner, center and Kevin M. Warsh, right, at the conclusion of their confirmation hearing held by the Senate Banking, Housing and Urban Affairs Committee in Washington, DC, February 14, 2006.
Economy
Bond traders are testing Kevin Warsh: The Fed chair will heed—but not be ruled by—them, says an economist who spent years sitting next to him
By Eleanor PringleAugust 19, 2026
Unitree, famous for its dancing robots, surges by 460% on its trading debut, lifting valuation to $66 billion, far ahead of U.S. competitors
Asia
Unitree, famous for its dancing robots, surges by 460% on its trading debut, lifting valuation to $66 billion, far ahead of U.S. competitors
By Nicholas GordonAugust 19, 2026
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Personal Finance
Current price of Bitcoin for August 19, 2026
By Joseph HostetlerAugust 19, 2026
Current price of Ethereum for Aug. 19, 2026
Personal Finance
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By Joseph HostetlerAugust 19, 2026
Top CD rates from major banks Aug. 19, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on August 19, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerAugust 19, 2026
One of the VC world’s biggest stars is doubling down on sports in a big way, and there’s a compelling tax reason behind the strategy
Newsletters
One of the VC world’s biggest stars is doubling down on sports in a big way, and there’s a compelling tax reason behind the strategy
By Jason MaAugust 19, 2026
How the UAE has emerged as a ‘leading light’ for tokenization  
Middle East
How the UAE has emerged as a ‘leading light’ for tokenization  
By Melissa HancockAugust 19, 2026
Coinbase establishes Abu Dhabi tokenization hub  
Newsletters
Coinbase establishes Abu Dhabi tokenization hub  
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Economy
Top economist on Trump’s ‘deadly cocktail’ for the bond market—and how the bond vigilantes have crossed Scott Bessent’s ‘red line’
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A sign on a bus stop displays the national debt on June 12, 2026, in Washington, D.C.
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With the national debt nearing $40 trillion, Bank of America has a warning for bond investors
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Top CD rates from major banks Aug. 18, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on August 18, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerAugust 18, 2026
U.S. businessman Mark Cuban
Economy
‘Only idiot startup founders stay in Cali’: Mark Cuban rips billionaire tax—and opens a rift inside the Democratic Party
By Joshua HongAugust 17, 2026
Photo of Jamie Dimon
Banking
The ‘Jamie premium’ nears $1 trillion as JP Morgan flirts with historic market valuation
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Walmart, Target and Home Depot set to give Wall Street a peek at the American consumer, one week after stocks’ all-time high
Retail
Walmart, Target and Home Depot set to give Wall Street a peek at the American consumer, one week after stocks’ all-time high
By Elaine Kurtenbach, Michelle Chapman and The Associated PressAugust 17, 2026
Is it better to pay off your mortgage early or invest?
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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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