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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

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Saudi’s economic transformation collides with war and falling FDI 
Saudi’s economic transformation collides with war and falling FDI 
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Cathie Wood says FTX’s Sam Bankman-Fried disliked Bitcoin because he ‘couldn’t control it’
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The $115 billion thematic ETF boom is still going strong despite a brutal year: ‘We are narrative creatures’
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The $115 billion thematic ETF boom is still going strong despite a brutal year: ‘We are narrative creatures’
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The man who correctly predicted Bitcoin’s drop to $20,000 just said it could fall another 40% next year
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The best financial strategies for surviving a recession in 2023 from 3 top advisers
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The best financial strategies for surviving a recession in 2023 from 3 top advisers
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11 recession-resistant stocks to buy for 2023
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Fed Chair Jerome Powell is on a high-stakes mission to tame inflation. Some insiders fear he’ll go too far. Others fear he won’t go far enough
Magazine
Fed Chair Jerome Powell is on a high-stakes mission to tame inflation. Some insiders fear he’ll go too far. Others fear he won’t go far enough
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A VC who’s been panning crypto since 2017 discusses where he’s investing now
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Canadian teachers could have a $95 million hole in their pensions due to the FTX crypto implosion
Finance
Canadian teachers could have a $95 million hole in their pensions due to the FTX crypto implosion
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VC giant Sequoia writes down $214 million investment in FTX to zero: ‘We are in the business of taking risk’
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Jim Cramer said Meta shares had ‘nowhere else to go but up’ in June and now he’s really sorry 
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Global YouTube Star MrBeast Launches First Physical MrBeast Burger Restaurant At American Dream
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YouTube’s richest creator MrBeast is seeking a $1.5 billion valuation in what could be a massive milestone for influencer-led business
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Global stocks could be heading for a decades-long bear market, says top hedge fund manager: ‘There isn’t a rainbow at the end of all this’
By Chloe TaylorOctober 24, 2022
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We studied how economies tackle financial inclusion to see how well they might cope in a downturn. We found 4 categories—and then there’s the U.S.
By Seema ShahOctober 24, 2022
This week in the metaverse: Booze collectors using NFTs, Meta can’t keep Giphy, and Bored Apes could crash your next poker night
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Billionaire investor Bill Ackman joins Elon Musk calling for a Ukraine cease-fire that includes major concessions to Russia
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Investors peg one major economy as the first to tip into a recession—and name another whose assets will lead the recovery
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Investors peg one major economy as the first to tip into a recession—and name another whose assets will lead the recovery
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Elon Musk lights blaze of speculation over gonzo share buyback a week before Tesla Q3 earnings
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I invested my savings to build a media brand from scratch. Here’s how much it costs
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A powerful chart shows how much the stock market is likely to rebound over 3, 5, and 10 years
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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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