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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
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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Packaged salad mixes are displayed in the refrigerated produce section of a Target store.
North America
‘The agency just can’t achieve what is required’: The cyclospora outbreak followed a nearly 35% plunge in FDA foreign food inspections
By Matthew Perrone and The Associated PressSeptember 8, 2026
When things go bad, you want to be in China, says Gavekal’s Louis-Vincent Gave
Asia
When things go bad, you want to be in China, says Gavekal’s Louis-Vincent Gave
By Angelica AngSeptember 8, 2026
Image of a DNA double helix.
AI
Google DeepMind publishes AI-powered predictions for the effect of all 9 billion possible single-point mutations in the human genome
By Jeremy KahnSeptember 8, 2026
Photo of Japanese and Chinese flags
Asia
Japan cries foul as China slaps 99.2% import duty on key chemical for making computer chips
By Chan Ho-Him, Mari Yamaguchi and The Associated PressSeptember 8, 2026
Photo of a kid staring at their phone with a shadow overhead
Big Tech
Australia vows to hold big tech companies to account on social media — with $78.6 million fines
By The Associated PressSeptember 8, 2026
Samsung is the foldable phone king, with sales growing 30% and reviews praising its newest devices. Can it keep the crown as Apple enters the picture?
Big Tech
Samsung is the foldable phone king, with sales growing 30% and reviews praising its newest devices. Can it keep the crown as Apple enters the picture?
By Alexei OreskovicSeptember 8, 2026
Current price of oil as of Sept. 8, 2026
Personal Finance
Current price of oil as of September 8, 2026
By Joseph HostetlerSeptember 8, 2026
Current price of Bitcoin for Sept. 8, 2026
Personal Finance
Current price of Bitcoin for September 8, 2026
By Joseph HostetlerSeptember 8, 2026
Current price of Ethereum for Sept. 8, 2026
Personal Finance
Current price of Ethereum for September 8, 2026
By Joseph HostetlerSeptember 8, 2026
Top CD rates from major banks Sept. 8, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on September 8, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerSeptember 8, 2026
Midterm elections shaping up as big business for gamblers in the rough and rowdy world of prediction markets
Politics
Midterm elections shaping up as big business for gamblers in the rough and rowdy world of prediction markets
By Marc Levy and The Associated PressSeptember 8, 2026
Photo of jet in the sky
North America
Trump threatens to ban Canada’s Bombardier jets despite its 2,800-company U.S. supply chain and 1,000 Kansas workers
By The Associated PressSeptember 8, 2026
Exclusive: AI startup Sapien raises at $180M valuation to help companies find what’s really driving profit
Startups & Venture
Exclusive: AI startup Sapien raises at $180M valuation to help companies find what’s really driving profit
By Sheryl EstradaSeptember 8, 2026
r
Politics
‘They feel like they’ve been let down’: Republican’s admission about farmers, beef and Trump reveals a nervous Senate race
By Joey Cappelletti, Thomas Beaumont, Mary Clare Jalonick and The Associated PressSeptember 8, 2026
s
Politics
‘Never forget’ turns into ‘remember what?’ Different states’ histories of 9/11 reveal a fractured national memory
By Jennifer Peltz and The Associated PressSeptember 8, 2026
b
Environment
Climate change pushes thirsty bears into Coloradans’ cars — one honked a horn for hours from 3am onward
By Brittany Peterson, Mead Gruver and The Associated PressSeptember 8, 2026
s
North America
American parents join their kids in hating school, with Gallup polling falling to record low
By Jocelyn Gecker and The Associated PressSeptember 8, 2026
d
Commentary
Dell’s latest reinvention is here — and it reveals the AI boom happening ‘on-premise.’ The markets missed it 
By Jeffrey Sonnenfeld, Steven Tian and Stephen HenriquesSeptember 8, 2026
t
Politics
7 months into Iran War, Trump accuses communists of ‘INHUMAN ideology that has led to DEATH and DESTRUCTION around the World!’
By Will Weissert and The Associated PressSeptember 8, 2026
What are mortgage closing costs?
Personal Finance
What are mortgage closing costs?
By Joseph HostetlerSeptember 8, 2026
d
Success
Meet the middle-aged millennials creating ‘Divorce-tok,’ documenting a social death on social media
By Kaitlyn Huamani and The Associated PressSeptember 8, 2026
t
North America
Trump telegraphs his weakness on Canada — and Carney doesn’t bite
By Rob Gillies and The Associated PressSeptember 8, 2026
g
Politics
Germany’s Merz ‘deeply shocked’ at far-right election win, doubles down on unpopular agenda
By Geir Moulson, Kirsten Grieshaber and The Associated PressSeptember 8, 2026
Mariana Mazzucato
Commentary
The state is America’s biggest venture capitalist. Tesla and Solyndra prove it
By Mariana MazzucatoSeptember 8, 2026
The Boston Dynamics spinout building robots you’ll actually want to hug
Newsletters
The Boston Dynamics spinout building robots you’ll actually want to hug
By Allie GarfinkleSeptember 8, 2026
Employee William Meznarich reassembles the die for a punch press at the Badge-A-Minit facility in Oglesby, Illinois, U.S., on Friday, June 29, 2012.
Economy
The world now has more people aged 65 and over than children under 5—but America is actually getting younger relative to the rest of the globe
By Eleanor PringleSeptember 8, 2026
OpenAI logo on a black background.
AI
OpenAI details how AI is accelerating its own work—even as its chief scientist lays out growing dangers and says he hopes the industry slows down
By Jeremy KahnSeptember 8, 2026
Photo: Sam Altman
Newsletters
Out-of-control OpenAI agents hijacked a German site to make a secret message board
By Jim EdwardsSeptember 8, 2026
Canada’s pivot to Asia is finally real. The challenge is that neither side knows much about the other
Commentary
Canada’s pivot to Asia is finally real. The challenge is that neither side knows much about the other
By Barrett BingleySeptember 7, 2026
es
Health
A $500,000 career, gone at 25: esports’ injury crisis is forcing teams to build sports-medicine staffs
By Erica D. Henn and The ConversationSeptember 7, 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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