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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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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
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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
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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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Environment
What Virginia’s data-center backlash shows about how Americans feel right now — and it’s not just anger
By Fengxiu Zhang, Saba Siddiki and The ConversationSeptember 28, 2026
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AI
Frankenstein made Mary Shelley immortal. Her other visionary novel anticipated a world of climate change and pandemic
By Eileen Hunt and The ConversationSeptember 28, 2026
Elon Musk in the Oval Office
Success
Elon Musk says money might ‘not even matter’ in the future—but tells Gen Z to study arts, sciences, and engineering to know what to ask AI and robots
By Preston ForeSeptember 28, 2026
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Health
The fibermaxxing boom is missing a hard truth: more fiber isn’t always better fiber
By Jean Liew and The ConversationSeptember 28, 2026
t
Energy
Trump’s hidden tax on every American: how diesel touches everything that hits your wallet
By Vidya Mani and The ConversationSeptember 28, 2026
Photo of Trump
Politics
With gas at $4.47 per gallon, Trump set to relax Biden-era emissions standards
By The Associated Press and Anne D'InnocenzioSeptember 28, 2026
White House jokes that Trump could sell weapons to China and Taiwan at the same time
Asia
White House jokes that Trump could sell weapons to China and Taiwan at the same time
By The Associated Press and Ben FinleySeptember 28, 2026
Malaysia waits until its durians are fully ripe — and fully smelly. China’s $7.5 billion market looks on hungrily
Asia
Malaysia waits until its durians are fully ripe — and fully smelly. China’s $7.5 billion market looks on hungrily
By The Associated Press and Kanis LeungSeptember 28, 2026
A tall ship in the waters outside NYC
Newsletters
The crypto pirates have become the Navy. Now what?
By Jeff John RobertsSeptember 28, 2026
The Bank of America logo seen displayed on a smartphone with an Artificial intelligence (AI) chip and symbol in the background.
Banking
Bank of America wants AI to do treasury’s grunt work
By Sheryl EstradaSeptember 28, 2026
At OpenAI, a 9-month search raises questions about the CCO’s place at the table 
C-Suite
At OpenAI, a 9-month search raises questions about the CCO’s place at the table 
By Ruth UmohSeptember 28, 2026
The Best OTC Acne Treatments in 2026: For Stubborn Breakouts
Health
The Best OTC Acne Treatments in 2026: For Stubborn Breakouts
By Christina SnyderSeptember 28, 2026
A jigsaw puzzle with one golden piece outside of the rest.
Personal Finance
Can you move just part of your 401(k) into gold?
By Joseph HostetlerSeptember 28, 2026
Ethan Thornton views production of the Glide, a high-altitude glider.
Newsletters
How a Gen Zer built a $3.7 billion defense tech startup backed by Sequoia
By Preston ForeSeptember 28, 2026
Photo of Michael Hartnett
Economy
The economist who coined the phrase ‘Magnificent 7’ says the very thing that made them extraordinary is under threat
By Eleanor PringleSeptember 28, 2026
Photo: Dario Amodei
Newsletters
Memo smearing Anthropic’s Amodei circulated in White House before CEO’s dinner with President Trump
By Jim EdwardsSeptember 28, 2026
Kaniskha Narayan, minister for artificial intelligence, speaks at the Good Growth Reception on the first day of the UK Labour Party annual conference in Liverpool
AI
U.K. government’s AI lead has a message on frontier risks—it’s time to ‘harden and build defenses’ 
By Kamal AhmedSeptember 28, 2026
The U.S.-China relationship is on ‘tactical autopilot’ after the Xi-Trump summit. Maybe that’s not so bad
Politics
The U.S.-China relationship is on ‘tactical autopilot’ after the Xi-Trump summit. Maybe that’s not so bad
By Nicholas GordonSeptember 28, 2026
Airbnb CEO Brian Chesky says he spends three hours a day on recruitment—and if his hiring managers don’t like his input, he tells them to leave
Success
Airbnb CEO Brian Chesky says he spends three hours a day on recruitment—and if his hiring managers don’t like his input, he tells them to leave
By Orianna Rosa RoyleSeptember 28, 2026
Home equity loan and HELOC rates, Sept. 28, 2026
Personal Finance
Home equity loan and HELOC rates, Sept. 28, 2026
By Joseph HostetlerSeptember 28, 2026
Your 401(k) is funding the AI boom. Here’s what that means for your retirement
Magazine
Your 401(k) is funding the AI boom. Here’s what that means for your retirement
By Allie GarfinkleSeptember 28, 2026
The U.S. may soon receive $600 million worth of Iranian oil that was seized earlier in the war, putting an ancient body of maritime law back in focus
Middle East
The U.S. may soon receive $600 million worth of Iranian oil that was seized earlier in the war, putting an ancient body of maritime law back in focus
By Jason MaSeptember 27, 2026
Walmart CEO says that the retail giant and its AI shopping assistant aren’t using personal information to set prices amid rollout of digital labels
Retail
Walmart CEO says that the retail giant and its AI shopping assistant aren’t using personal information to set prices amid rollout of digital labels
By Anne D'Innocenzio and The Associated PressSeptember 27, 2026
Thinking about buying stocks instead of a home as mortgage rates top 7%? The S&P 500 has blown away the housing market over the past decade
Real Estate
Thinking about buying stocks instead of a home as mortgage rates top 7%? The S&P 500 has blown away the housing market over the past decade
By Jason MaSeptember 27, 2026
Sand deficit: Coastal erosion is so bad in California that the residents of this mostly Republican city may tax themselves to restore the beach
Environment
Sand deficit: Coastal erosion is so bad in California that the residents of this mostly Republican city may tax themselves to restore the beach
By Amy Taxin and The Associated PressSeptember 27, 2026
Giorgio Armani’s will requires the sale of a 15% stake in his empire within 18 months of his death. LVMH, L’Oréal and EssilorLuxottica may split it
Arts & Entertainment
Giorgio Armani’s will requires the sale of a 15% stake in his empire within 18 months of his death. LVMH, L’Oréal and EssilorLuxottica may split it
By Colleen Barry and The Associated PressSeptember 27, 2026
The U.S. economy is running hot and stuck on a hamster wheel as GDP growth must outpace borrowing costs—or risk getting sucked into a debt spiral
Economy
The U.S. economy is running hot and stuck on a hamster wheel as GDP growth must outpace borrowing costs—or risk getting sucked into a debt spiral
By Jason MaSeptember 27, 2026
British police arrest five men for allegedly preparing a terrorism attack with explosives on a base used by U.S. bombers for Iran war
Politics
British police arrest five men for allegedly preparing a terrorism attack with explosives on a base used by U.S. bombers for Iran war
By The Associated PressSeptember 27, 2026
One of the most biting insults in Alaska politics is hitting someone with the ‘Lower 48’ label — and it’s central to the U.S. Senate race
Politics
One of the most biting insults in Alaska politics is hitting someone with the ‘Lower 48’ label — and it’s central to the U.S. Senate race
By Becky Bohrer and The Associated PressSeptember 27, 2026
As AI giants warn of existential risk, they can also build a competitive moat via safety. ‘It’s genius and they’re all going to make a lot of money’
AI
As AI giants warn of existential risk, they can also build a competitive moat via safety. ‘It’s genius and they’re all going to make a lot of money’
By Garance Burke and The Associated PressSeptember 27, 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
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Current price of oil as of October 6, 2026placeholder alt text
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