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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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Google cofounder Sergey Brin has spent $102 million to fight California’s proposed billionaire tax—he could owe $13 billion if he loses

3

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

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

Google cofounder Sergey Brin has spent $102 million to fight California’s proposed billionaire tax—he could owe $13 billion if he loses

3

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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Patagonia CEO Ryan Gellert speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California.
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
a
‘AI Snake Oil’ author sees chatbots evolving into a ‘truth oracle’—and journalism heading somewhere it hasn’t been in 200 years
By Nick LichtenbergOctober 6, 2026
Taiwan opens Phoenix office as $265 billion chip investment in Arizona grows, over China’s objections
Taiwan opens Phoenix office as $265 billion chip investment in Arizona grows, over China’s objections
By The Associated Press, Wufei Yu and Didi TangOctober 6, 2026
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
By The Associated Press, Gerald Imray and Jacob ZimbaOctober 6, 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
By Doug Ferguson and The Associated PressOctober 6, 2026
Young woman with suitcase close to her waiting for transportation in airport lounge
Gen Z’s new American Dream: Skip the mortgage, book the flight
By Bilin LinOctober 6, 2026
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News
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After housing protests turned violent, Spain will tax seasonal rentals to build a 10 billion euro fund into first-home loans
After housing protests turned violent, Spain will tax seasonal rentals to build a 10 billion euro fund into first-home loans

Spain passed 21 housing measures after tends of thousands protested the country’s housing affordability crisis and ahead of snap elections

By The Associated Press and TERESA MEDRANOOctober 6, 2026
Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victims

Clayton Iley pitched a fake Defense Department loan program and used victims’ identities to fund 90-plus collector vehicles, prosecutors say.

By Catherina GioinoOctober 5, 2026
MAGAnomics is starting to look uncomfortably like Bidenomics

Trump once called Biden-era inflation a “country-buster” and a “colossal tax on American families.” Now the shoe is on the other foot.

By Nick LichtenbergOctober 5, 2026
Taxpayers are still paying $1.6 million a week to keep 420 radio staffers out of work

The United States Agency for Global Media can’t document 99% of the gear from Voice of America that it dumped in 2025.

By Joshua HongOctober 5, 2026
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North America
More in North America
Current price of oil as of Oct. 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
How Christina Zhu turned Sam’s Club into Walmart’s unlikely growth engine in China

Walmart China’s first native Chinese CEO is leaning on Sam’s Club, smaller portion sizes, and an ultrafast delivery network to drive growth in a strained consumer economy.

By Nicholas GordonOctober 5, 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
Asmita Dubey is the chief digital and marketing officer, at L'Oréal
As AI reshapes the consumer journey, L’Oréal is rethinking its marketing engine

Underneath the ads, TikTok campaigns, and virtual try-ons lies an increasingly complex infrastructure of data, technology, and AI. To succeed today, marketers need to understand the “pipes and plumbing”, says L’Oréal’s Asmita Dubey.

By Kirsty McGregor and Francesca CassidyOctober 6, 2026
Trillions of ‘ghost particles’ pass through your body every second. The scientist who hunts them just won the Nobel Prize

Francis Halzen turned Antarctic ice into a giant detector for elusive neutrinos, with sensors buried 8,200 feet below the surface.

By Kostya Manenkov, Adithi Ramakrishnan and Stefanie DazioOctober 6, 2026
Retired Warren Buffett now spends his evenings glued to YouTube—watching Glenn Close clips, 1950s commercials, and Uzbekistani talent shows

Buffett, at 96, spends his evenings watching YouTube. But the billionaire has long made time for reading, bridge, and seeking work-life balance.

By Preston ForeOctober 6, 2026
How to choose a mortgage lender in 2026

Choosing the wrong mortgage lender could potentially cost you thousands. Here’s how to compare your options, what questions to ask every lender, and the red flags to watch out for.

By Glen Luke FlanaganOctober 6, 2026
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How Trump could wrest Citgo from Elliott Management and hand it back to Venezuela
Energy
How Trump could wrest Citgo from Elliott Management and hand it back to Venezuela
By Brandon MulderSeptember 27, 2026
Trump’s new Medicaid rules will kick in, and GOP states are tougher. Someone may be too frail to work but can’t afford to see a doctor to prove it
Politics
Trump’s new Medicaid rules will kick in, and GOP states are tougher. Someone may be too frail to work but can’t afford to see a doctor to prove it
By Geoff Mulvihill and The Associated PressSeptember 26, 2026
An 87-year-old woman was evicted via stretcher from a Madrid apartment she lived in for decades, sparking mass protest against Spain’s housing crisis
Real Estate
An 87-year-old woman was evicted via stretcher from a Madrid apartment she lived in for decades, sparking mass protest against Spain’s housing crisis
By Alicia Leon, Suman Naishadham and The Associated PressSeptember 26, 2026
Here’s how much worse U.S. debt could get as Treasury yields surge to the highest levels in two decades
Economy
Here’s how much worse U.S. debt could get as Treasury yields surge to the highest levels in two decades
By Jason MaSeptember 26, 2026
Trump stonewalls Iran as U.S. helps double oil volume exiting the Persian Gulf, with the military now guiding ships through Hormuz in broad daylight
Middle East
Trump stonewalls Iran as U.S. helps double oil volume exiting the Persian Gulf, with the military now guiding ships through Hormuz in broad daylight
By Jason MaSeptember 26, 2026
Teams take precautions after coach said comms can go down when Trump ‘enters the stadium, leaves the stadium or changes locations within the stadium’
Politics
Teams take precautions after coach said comms can go down when Trump ‘enters the stadium, leaves the stadium or changes locations within the stadium’
By Jim Vertuno, Teresa M. Walker and The Associated PressSeptember 26, 2026
‘We are going to hold the crooks accountable.’ Democrats plan vast oversight of Trump administration after midterms—and impeachment is an option
Politics
‘We are going to hold the crooks accountable.’ Democrats plan vast oversight of Trump administration after midterms—and impeachment is an option
By Lisa Mascaro and The Associated PressSeptember 26, 2026
‘Godfather of AI’ explains how humanity could end: Even without a bad actor, AI ‘may derive subgoals that cause it to want to get rid of people’
AI
‘Godfather of AI’ explains how humanity could end: Even without a bad actor, AI ‘may derive subgoals that cause it to want to get rid of people’
By Jason MaSeptember 26, 2026
Photo of Sam Altman
Cybersecurity
OpenAI says its AI agents escaped a secure ‘sandbox’ again last weekend and it is pausing training for a second time
By Jeremy KahnSeptember 26, 2026
After Iran makes new offer to fully reopen the Strait of Hormuz, Trump posts a map on social media calling it the ‘Trump Strait’
Politics
After Iran makes new offer to fully reopen the Strait of Hormuz, Trump posts a map on social media calling it the ‘Trump Strait’
By Cara Anna and The Associated PressSeptember 26, 2026
ICE raids in states that voted heavily for Trump are causing meatpackers to lose millions in revenue, and even Republican lawmakers are speaking out
Politics
ICE raids in states that voted heavily for Trump are causing meatpackers to lose millions in revenue, and even Republican lawmakers are speaking out
By Heather Hollingsworth, Valerie Gonzalez and The Associated PressSeptember 26, 2026
New Mexico jury finds Facebook liable for over 43 million violations of consumer protection law—and Meta could owe over $200 billion in penalties
Law
New Mexico jury finds Facebook liable for over 43 million violations of consumer protection law—and Meta could owe over $200 billion in penalties
By Mikella Schuettler and The Associated PressSeptember 26, 2026
China and the U.S. agree to set up a new AI safety channel and vow to keep working on pledge to cut tariffs on $30 billion worth of goods
Asia
China and the U.S. agree to set up a new AI safety channel and vow to keep working on pledge to cut tariffs on $30 billion worth of goods
By Huizhong Wu and The Associated PressSeptember 26, 2026
How social media remade the luxury watch market
Magazine
How social media remade the luxury watch market
By Adam EraceSeptember 26, 2026
Jane Fraser
Success
Citi CEO Jane Fraser swears by Warren Buffett’s golden rule for dealing with conflict at work: ‘Never, ever respond to that email in anger’
By Preston ForeSeptember 26, 2026
Shark Tank’s Kevin O’Leary doesn’t care if you work from your basement. He just wants to know if you can ‘execute’
Future of Work
Shark Tank’s Kevin O’Leary doesn’t care if you work from your basement. He just wants to know if you can ‘execute’
By Marco Quiroz-GutierrezSeptember 26, 2026
Japanese Prime Minister Sanae Takaichi and U.S. President Donald Trump sit in the Oval Office.
Economy
The $40 trillion U.S. national debt is smaller than Japan’s relative to its economy—but economist warns America is still ‘the world’s largest debtor’
By Sasha RogelbergSeptember 26, 2026
Microsoft VP: SaaS isn’t dying. It’s becoming the operating system for AI agents—and that changes everything
Commentary
Microsoft VP: SaaS isn’t dying. It’s becoming the operating system for AI agents—and that changes everything
By Bryan GoodeSeptember 26, 2026
kirk
Commentary
Hershey CEO: America’s 250 years of innovation and why we expanded our innovation pipeline 50% in one year
By Kirk TannerSeptember 26, 2026
We’re researchers tracking the nonprofit crisis. Philanthropy’s response is not enough
Commentary
We’re researchers tracking the nonprofit crisis. Philanthropy’s response is not enough
By Phil Buchanan and Elisha Smith ArrillagaSeptember 26, 2026
Man at a podium in a suit
Big Tech
Oracle gave Larry Ellison and his co-CEOs nearly $1 billion in stock options. By fiscal year end, all were underwater
By Amanda GerutSeptember 26, 2026
How Japan went from a rice shortage to a rice surplus in two years, as climate change, tourism, and a U.S. trade fight collided
Asia
How Japan went from a rice shortage to a rice surplus in two years, as climate change, tourism, and a U.S. trade fight collided
By Catherina GioinoSeptember 26, 2026
Alo is defying China’s consumer slowdown, selling $1.5 million in one minute and planning 8 more stores
Asia
Alo is defying China’s consumer slowdown, selling $1.5 million in one minute and planning 8 more stores
By Bilin LinSeptember 26, 2026
Harvard’s last Affirmative Action program is for the rich
Commentary
Harvard’s last Affirmative Action program is for the rich
By Jayson WeingartenSeptember 26, 2026
Two women, with a man standing next to them, shake hand in front of a house.
Real Estate
Nearly half of home sellers are now offering incentives to unload their properties—even $20,000 in concessions and all-expenses-paid cruises
By Sasha RogelbergSeptember 26, 2026
He washed dishes beneath BlackRock’s headquarters, landed his dream job there—then quit to build his family’s restaurant empire
Travel & Leisure
He washed dishes beneath BlackRock’s headquarters, landed his dream job there—then quit to build his family’s restaurant empire
By Tatiana SatauaSeptember 26, 2026
For Gen Z workers wary of college debt, Walmart offers a road to six figures without a degree
Success
For Gen Z workers wary of college debt, Walmart offers a road to six figures without a degree
By Alice BarlowSeptember 26, 2026
OpenAI rogue agents leaked 53 images from ChatGPT users and reportedly created nearly 1 million links packing encoded bits of info
AI
OpenAI rogue agents leaked 53 images from ChatGPT users and reportedly created nearly 1 million links packing encoded bits of info
By Alexei OreskovicSeptember 25, 2026
Trump banned MS NOW from the White House. Symone Sanders-Townsend says he still watches, and she stands by her Hasan Piker interview
Politics
Trump banned MS NOW from the White House. Symone Sanders-Townsend says he still watches, and she stands by her Hasan Piker interview
By Catherina GioinoSeptember 25, 2026
The Best Beauty Subscription Boxes in 2026: Makeup, Skin Care, and More
Health
The Best Beauty Subscription Boxes in 2026: Makeup, Skin Care, and More
By Christina SnyderSeptember 25, 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
North America
Google cofounder Sergey Brin has spent $102 million to fight California’s proposed billionaire tax—he could owe $13 billion if he losesplaceholder alt text
By Sasha RogelbergOctober 3, 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
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