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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

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Current price of oil as of October 6, 2026
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Today’s home equity loan and HELOC rates, Oct. 7, 2026
Today’s home equity loan and HELOC rates, Oct. 7, 2026

By staying on top of home equity loan and HELOC interest rates, you’ll recognize when it’s a good time to apply for these comparatively cheap borrowing options.

By Joseph HostetlerOctober 7, 2026
A $13 billion property mogul is the latest to flee Britain’s new taxes for Monaco, a warning sign as California votes on a billionaire tax
A $13 billion property mogul is the latest to flee Britain’s new taxes for Monaco, a warning sign as California votes on a billionaire tax
By Sydney LakeOctober 7, 2026
Jane Fraser, sitting on a light-colored chair onstage, speaks and gestures with her hand.
Citi shortens its analyst program to two years as Wall Street fights private equity for young talent
By Sasha RogelbergOctober 7, 2026
Will AI kill the Asian entertainment industry, or reinvent it?
Will AI kill the Asian entertainment industry, or reinvent it?
By Angelica AngOctober 7, 2026
Gold bars
Former CIA official with Top Secret clearance admits to $194 million fraud, including 298 gold bars and four luxury South Florida properties
By Catherina GioinoOctober 6, 2026
He manages one of the most successful soccer clubs in the world and is the elite leader every CEO wants to talk to. So why has Mikel Arteta decided to go public on having his own DNA mapped? 
He manages one of the most successful soccer clubs in the world and is the elite leader every CEO wants to talk to. So why has Mikel Arteta decided to go public on having his own DNA mapped? 
By Kamal AhmedOctober 6, 2026
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Photo of Donald Trump in Dublin
OpenAI’s human rights lead: What the military could do with AI ‘keeps me up at night’

Sarah Yager joined OpenAI recently, and though she was initially skeptical that her position was merely a PR stunt, she says she’s had some early success influencing the safety of the technology.

By Emily ForliniOctober 6, 2026
Researchers tracked $80 million in political ads using AI—and Republicans were behind 83% of them

Don’t expect a disclaimer on that AI slop political ad you see this year.

By Travis N. Ridout, Erika Franklin Fowler, Michael Franz and The ConversationOctober 6, 2026
Patagonia’s CEO is worried about political apathy—so the company offered 112,000 people $100 to help 3 friends plan to vote

The $11.2 million incentive disappeared in four days. Researchers say a friend’s nudge could help turn environmental concern into votes.

By Tatiana SatauaOctober 6, 2026
Taiwan opens Phoenix office as $265 billion chip investment in Arizona grows, over China’s objections

Taiwan is turning Phoenix into a bigger hub for its chip industry with a new office and TSMC’s investments

By The Associated Press, Wufei Yu and Didi TangOctober 6, 2026
More in News
North America
More in North America
Mulambo Hamakuni Haimbe, Minister for Foreign Affairs of Zambia, speaks during the 81st session of the United Nations General Assembly at United Nations headquarters.
Zambia to sign revised U.S. health deal without patient data and specimen-sharing clauses

The U.S. has signed new bilateral health agreements with around two dozen African nations since last year, but some have pushed back on requirements to provide patient data.

By The Associated Press, Gerald Imray and Jacob ZimbaOctober 6, 2026
Current price of oil as of October 6, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

By Joseph HostetlerOctober 6, 2026
Wealthy boomers doubt their heirs will keep giving as $124 trillion changes hands, BofA finds. The data shows a different reality

Younger donors give to more causes than their parents—but only 47% of the wealthy think they’re ready.

By Sydney LakeOctober 6, 2026
Redfin signals a shift in power to buyers as a record share of sellers cut prices for this time of year—but 7% mortgage rates are a problem

Home price cuts just hit a September record. But with mortgage rates above 7%, it’s a buyer’s market only for some.

By Bilin LinOctober 6, 2026
More in North America
Asia
More in Asia
The Future 120—How vital firms stay forever young
The Future 120—How vital firms stay forever young

For the ranking, we analyzed more than 10 million data points and zeroed in on the 15 most predictive metrics, each robust and correlated with future revenue growth, to produce BCG’s Vitality Score.

By Ketil Gjerstad, Johann Harnoss, Viacheslav Romanov and Sophie ThorupOctober 6, 2026
OKX debuts a platform that turns 50 currencies into digital dollars, betting emerging-market investors want stablecoins

“The key gap for people and institutions is settlement,” Haider Rafique, OKX’s global managing partner, tells Fortune.

By Nicholas GordonOctober 5, 2026
Beyond the boardroom: Asia’s 10 influential women to watch in 2026

Power in Asia extends well beyond the C-suite.

By Ashleigh NghiemOctober 5, 2026
Hungary hauls ex-foreign minister in to explain how he got a top job at BYD months after arranging government contracts

Péter Szijjártó faced lawmakers over BYD dealings after helping secure its first European plant and $63.7 million in state assistance

By The Associated Press and Justin SpikeOctober 5, 2026
More in Asia
Global
More in Global
How does debt relief work? Costs, risks, and what to expect
How does debt relief work? Costs, risks, and what to expect

When you hire a debt relief company, you typically stop making payments to creditors while the company tries to negotiate what you owe. There are risks, and it’s not guaranteed to work.

By Glen Luke FlanaganOctober 6, 2026
Finding value from AI in big companies comes down to people, not technology

Big companies need to overcome ‘learned helplessness’ and risk aversion to find ROI from AI, futurist Amy Webb says

By Jeremy KahnOctober 6, 2026
‘AI Snake Oil’ author sees chatbots evolving into a ‘truth oracle’—and journalism heading somewhere it hasn’t been in 200 years

Princeton’s Arvind Narayanan asked the Computation + Journalism conference to prepare for AI “not as it is today, but as it will be” in five to 10 years.

By Nick LichtenbergOctober 6, 2026
‘It’s been a very strange year on LIV’: LIV Golf to get $300 million investment to help the circuit emerge from bankruptcy

The financing by funds advised on the BC Partners Credit platform requires bankruptcy court approval.

By Doug Ferguson and The Associated PressOctober 6, 2026
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Commentary
Georgia Attorney General: scams demand a new consumer protection strategy
By Chris CarrSeptember 29, 2026
OpenAI’s agents are still ransacking the web
Newsletters
OpenAI’s agents are still ransacking the web
By Emily ForliniSeptember 29, 2026
Illustration featuring several employees at work, connected by a green arrow.
AI
From Pfizer to UPS, the newest members of the AIQ 75 share the secrets to upping their AI game
By John KellSeptember 29, 2026
Agentic AI early adopters have failed, pivoted, and learned these 3 lessons 
AI
Agentic AI early adopters have failed, pivoted, and learned these 3 lessons 
By Sage LazzaroSeptember 29, 2026
How Netflix is using AI to personalize streaming
AI
How Netflix is using AI to personalize streaming
By Sage LazzaroSeptember 29, 2026
How 111-year-old HVAC company Carrier leaped to the top 10 of the Fortune AIQ 75
AI
How 111-year-old HVAC company Carrier leaped to the top 10 of the Fortune AIQ 75
By Sage LazzaroSeptember 29, 2026
Illustration of three employees racing one another across the finish line
AI
How bottom-line-focused financial firms are finding ROI in AI
By John KellSeptember 29, 2026
The U.S. should be ‘more confident’ and less worried about losing ground to China, says Peking University expert
Asia
The U.S. should be ‘more confident’ and less worried about losing ground to China, says Peking University expert
By Angelica AngSeptember 29, 2026
Josh Simon headshot
Success
He was Disney’s most junior employee when he rewrote the CEO’s op-ed. Now he’s a CEO, with advice for Gen Z: ‘Don’t really ask for permission’ 
By Preston ForeSeptember 29, 2026
Photo of Harold Hamm
Health
Billionaire oil tycoon Harold Hamm donates $150M to the University of Oklahoma to help study a cause that’s personal to him: diabetes
By Sydney LakeSeptember 29, 2026
Home equity loan and HELOC rates, Sept. 29, 2026
Personal Finance
Home equity loan and HELOC rates, Sept. 29, 2026
By Joseph HostetlerSeptember 29, 2026
h
Success
I was a finance executive who had a breakdown in a London cab. Here’s what I learned after I traded it all for a French vineyard
By Peter HahnSeptember 29, 2026
bernanke
Economy
The bond market has outgrown the banks
By Robin WigglesworthSeptember 29, 2026
The man who looked into the ‘actual beating heart’ of the financial system—and saw something ‘profoundly dangerous’
Personal Finance
The man who looked into the ‘actual beating heart’ of the financial system—and saw something ‘profoundly dangerous’
By Nick LichtenbergSeptember 29, 2026
Historically, stocks have offered a big premium over bonds. Suddenly, the difference has almost vanished
Investing
Historically, stocks have offered a big premium over bonds. Suddenly, the difference has almost vanished
By Shawn TullySeptember 29, 2026
un
Commentary
The bill has come due. But no one wants to pay for climate mitigation
By Stephanie WaltonSeptember 29, 2026
Taxpayer-funded Trump ads violate laws against propaganda, experts say. The White House calls them a ‘reminder for Americans to love their country’
Politics
Taxpayer-funded Trump ads violate laws against propaganda, experts say. The White House calls them a ‘reminder for Americans to love their country’
By Ali Swenson and The Associated PressSeptember 28, 2026
AMD acquires startup cofounded by ‘godmother of AI’ Fei-Fei Li for $8.2 billion
AI
AMD acquires startup cofounded by ‘godmother of AI’ Fei-Fei Li for $8.2 billion
By Alexei OreskovicSeptember 28, 2026
Photo of Trump and Xi shaking hands
Economy
China has quietly got Trump by the soybeans
By Mia OsmonbekovSeptember 28, 2026
AI companies must watch out for freeloaders burning tokens for free—and wrecking margins one sign-up at a time
AI
AI companies must watch out for freeloaders burning tokens for free—and wrecking margins one sign-up at a time
By Sarita SinghSeptember 28, 2026
Donald Trump (left) and Xi Jinping, shaking hands
Politics
‘Unsettling to American partners’: Trump’s offer to sell arms to China is an admission he doesn’t take its security threats seriously, experts warn
By Sasha RogelbergSeptember 28, 2026
Saudi Arabia is reaping a massive oil windfall, making it perhaps the Iran war’s only winner. Tehran’s proxies actually ‘did Saudi a favor’
Middle East
Saudi Arabia is reaping a massive oil windfall, making it perhaps the Iran war’s only winner. Tehran’s proxies actually ‘did Saudi a favor’
By Jason MaSeptember 28, 2026
Top CD rates from major banks on Sept. 28, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on Sept. 28, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerSeptember 28, 2026
Current price of Ethereum for Sept. 28, 2026
Personal Finance
Current price of Ethereum for Sept. 28, 2026
By Joseph HostetlerSeptember 28, 2026
Current price of Bitcoin for Sept. 28, 2026
Personal Finance
Current price of Bitcoin for Sept. 28, 2026
By Joseph HostetlerSeptember 28, 2026
SpaceX's mega rocket Starship lifts off for a test flight from Starbase, Texas.
Innovation
‘We’re being extremely cautious here’: Starship reaches orbit for first time, but SpaceX cut its planned 10-hour trip after 3 hours
By The Associated Press and Marcia DunnSeptember 28, 2026
Max Planck Institute opens new research building in Halle/Saale
Future of Work
Europe cashes in as U.S. science and tech exodus gathers pace
By Sam BirchallSeptember 28, 2026
Current price of oil as of Sept. 28, 2026
Personal Finance
Current price of oil as of Sept. 28, 2026
By Joseph HostetlerSeptember 28, 2026
Photo of David Rubenstein
Success
Billionaire David Rubenstein tells young workers to learn how to read and write in the AI era: ‘Learn how to speak effectively and persuasively’
By Emma BurleighSeptember 28, 2026
g
Workplace Culture
Gen Z isn’t bad at workplace communication—your company is bad at explaining its rules
By Jeff LeBlanc and The ConversationSeptember 28, 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
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Wealthy boomers doubt their heirs will keep giving as $124 trillion changes hands, BofA finds. The data shows a different realityplaceholder alt text
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