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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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Billionaire Nike cofounder Phil Knight gives $1 billion to his alma mater: ‘This is no time to abandon’ higher education
Success
Billionaire Nike cofounder Phil Knight gives $1 billion to his alma mater: ‘This is no time to abandon’ higher education
By Sydney LakeSeptember 24, 2026
Home equity loan and HELOC rates, Sept. 24, 2026
Personal Finance
Home equity loan and HELOC rates, Sept. 24, 2026
By Joseph HostetlerSeptember 24, 2026
Travis Kalanick is back: How Uber’s ousted founder went from pariah to Silicon Valley hero
Magazine
Travis Kalanick is back: How Uber’s ousted founder went from pariah to Silicon Valley hero
By Jeff John RobertsSeptember 24, 2026
Photo: Global Village
Travel & Leisure
Disney, dethroned: Dubai takes the Magic Kingdom’s crown for the world’s most-visited theme park
By Christian SyltSeptember 24, 2026
How much is Kalshi really worth? A detailed report says as much as $42 billion—if everything goes right
Startups & Venture
How much is Kalshi really worth? A detailed report says as much as $42 billion—if everything goes right
By Jeff John RobertsSeptember 24, 2026
OpenAI’s agent hacked Australia’s Medicare website—the latest rogue AI incident that the company didn’t know about for months
Cybersecurity
OpenAI’s agent hacked Australia’s Medicare website—the latest rogue AI incident that the company didn’t know about for months
By Emily ForliniSeptember 23, 2026
Meta announces new lightweight virtual reality glasses to one-up Apple’s Vision Pro
Big Tech
Meta announces new lightweight virtual reality glasses to one-up Apple’s Vision Pro
By Sebastian HerreraSeptember 23, 2026
Why ASEAN’s coming digital economy trade agreement deserves your attention
Commentary
Why ASEAN’s coming digital economy trade agreement deserves your attention
By Jon M. Huntsman, Jr.September 23, 2026
How Meta took the lead in the race for the post-smartphone world
Magazine
How Meta took the lead in the race for the post-smartphone world
By Sebastian HerreraSeptember 23, 2026
Best certificates of deposit (CDs) for October 2026
Personal Finance
Best certificates of deposit (CDs) for October 2026
By Glen Luke FlanaganSeptember 23, 2026
Employer health costs are set to jump the most since 2003—and even health care workers are struggling to afford care
Health
Employer health costs are set to jump the most since 2003—and even health care workers are struggling to afford care
By Tatiana SatauaSeptember 23, 2026
Photo of young man looking at cereal aisle
Economy
Gen Z can’t afford healthy groceries—so many college students are skipping meals altogether or eating less to pay the bills
By Mia OsmonbekovSeptember 23, 2026
Multimillionaire author Bill Perkins says parents should give kids their inheritance in their 20s when it can transform their lives—not when they die
Personal Finance
Multimillionaire author Bill Perkins says parents should give kids their inheritance in their 20s when it can transform their lives—not when they die
By Marco Quiroz-GutierrezSeptember 23, 2026
Why Trump banning diesel exports would upset the U.S. oil sector and upend global fuel markets — ‘the cure would be far worse than the disease’
Energy
Why Trump banning diesel exports would upset the U.S. oil sector and upend global fuel markets — ‘the cure would be far worse than the disease’
By Jordan BlumSeptember 23, 2026
US President Donald Trump arrives to address the 81st United Nations General Assembly at United Nations headquarters in New York on September 22, 2026.
AI
Trump calls AI oversight a ‘globalist scheme’ as Amodei and Altman head to the UN to ask for it
By Eva RoytburgSeptember 23, 2026
How brokerage Compass sold its 83,000 real estate agents on the use of AI
Newsletters
How brokerage Compass sold its 83,000 real estate agents on the use of AI
By John KellSeptember 23, 2026
Photo of a phone with zcash's logo on it against the backdrop of a trading graph.
Crypto
Zcash hits record high of $1,600 as token’s privacy narrative strikes chord with investors 
By Camila Grigera NaónSeptember 23, 2026
US President Donald Trump
Economy
D.C.’s affordability headache has a silver bullet, new study shows: Tackling $40 trillion national debt would boost household income by $36,000
By Eleanor PringleSeptember 23, 2026
Worker walking with iced coffee
Success
Gen Z’s iced coffee habit in interviews could be costing them jobs, recruiters warn: ‘It isn’t really about coffee’
By Emma BurleighSeptember 23, 2026
Noom GLP-1 Review (2026): Everything You Need to Know About Noom Med
Health
Noom GLP-1 Review (2026): Everything You Need to Know About Noom Med
By Christina SnyderSeptember 23, 2026
Top CD rates from major banks Sept. 23, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on September 23, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerSeptember 23, 2026
Current price of oil as of Sept. 23, 2026
Personal Finance
Current price of oil as of September 23, 2026
By Joseph HostetlerSeptember 23, 2026
Current price of Bitcoin for Sept. 23, 2026
Personal Finance
Current price of Bitcoin for September 23, 2026
By Joseph HostetlerSeptember 23, 2026
Current price of Ethereum for Sept. 23, 2026
Personal Finance
Current price of Ethereum for September 23, 2026
By Joseph HostetlerSeptember 23, 2026
Cambodia claims it has ‘completely dismantled all large-scale scam compounds in the kingdom’ without presenting evidence that it did
Asia
Cambodia claims it has ‘completely dismantled all large-scale scam compounds in the kingdom’ without presenting evidence that it did
By Huizhong Wu and The Associated PressSeptember 23, 2026
Dolly Parton’s estate accuses nephew of threatening to destroy her legacy
Arts & Entertainment
Dolly Parton’s estate accuses nephew of threatening to destroy her legacy
By Hallie Golden and The Associated PressSeptember 23, 2026
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AI
‘It doesn’t take a genius to say, ‘slow it down”: Bernie Sanders unveils bill to ban artificial superintelligence
By Joey Cappelletti and The Associated PressSeptember 23, 2026
teyssen
Commentary
Lufthansa chair: After the hottest August on record, business needs to pursue climate pragmatism not purity
By Johannes TeyssenSeptember 23, 2026
MoonPay eyes tokenized securities push with $60 million acquisition of brokerage firm North Capital
Crypto
MoonPay eyes tokenized securities push with $60 million acquisition of brokerage firm North Capital
By Jeff John RobertsSeptember 23, 2026
Artificial Intelligence Data Analysis Concept with Digital AI Interface on Tablet and Laptop
AI
McKinsey: Cheaper AI models, bigger AI bills
By Sheryl EstradaSeptember 23, 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
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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