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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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OpenAI’s Human Rights Lead: What the military could do with AI ‘keeps me up at night’
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
How does debt relief work? Costs, risks, and what to expect
How does debt relief work? Costs, risks, and what to expect
By Glen Luke FlanaganOctober 6, 2026
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Researchers tracked $80 million in political ads using AI—and Republicans were behind 83% of them
By Travis N. Ridout, Erika Franklin Fowler, Michael Franz and The ConversationOctober 6, 2026
Futurist Amy Webb speaking at the Fortune AIQ Summit.
Finding value from AI in big companies comes down to people, not technology
By Jeremy KahnOctober 6, 2026
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
By Tatiana SatauaOctober 6, 2026
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‘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
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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

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
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
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
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

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

By Doug Ferguson and The Associated PressOctober 6, 2026
Gen Z’s new American Dream: Skip the mortgage, book the flight

Young Americans are trading square footage, new cars, and even moving out for plane tickets, even as airfares jump more than 20%.

By Bilin LinOctober 6, 2026
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
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A man on the left evaluates trading charts on his laptop while a woman on his right does the same thing on her phone.
Crypto
Crypto exchange Gate enters prediction market space with white-label builder for businesses 
By Camila Grigera NaónSeptember 3, 2026
Hugging Face cofounder and chief scientist Thomas Wolf.
Newsletters
Hugging Face goes from a ‘scrappy’ startup named after an emoji to $13 billion Nvidia acquisition
By Emily ForliniSeptember 3, 2026
Google CEO Sundar Pichai
AI
Google shipped four Gemini Flash models in 106 days. But its flagship frontier model is still nowhere to be seen.
By Wen ShaoSeptember 3, 2026
AI visionary Ray Kurzweil is joining a Silicon Valley startup developing a brain computer system that involves snorting nanoparticles
AI
AI visionary Ray Kurzweil is joining a Silicon Valley startup developing a brain computer system that involves snorting nanoparticles
By Alexei OreskovicSeptember 3, 2026
OpenAI President Greg Brockman
Cybersecurity
OpenAI launches GPT-6 Astra, its most powerful model yet, and touts its ability to use your computer
By Emily ForliniSeptember 3, 2026
OpenAI CEO Sam Altman
AI
Safety experts warn novel design of OpenAI’s Astra model could make future AI agents harder to monitor
By Jeremy KahnSeptember 3, 2026
Photo of grid
AI
AI wants electricity now. The electric grid needs years to catch up
By Mia OsmonbekovSeptember 3, 2026
Canva’s productivity push is starting to gain traction—and in Southeast Asia, it’s happening on phones
Startups & Venture
Canva’s productivity push is starting to gain traction—and in Southeast Asia, it’s happening on phones
By Nicholas GordonSeptember 3, 2026
USS Lincoln sailors finally hit dry land in Thailand after a record 264 straight days at sea
Asia
USS Lincoln sailors finally hit dry land in Thailand after a record 264 straight days at sea
By Jintamas Saksornchai, Anton L. Delgado and The Associated PressSeptember 3, 2026
LA Clippers owner Steve Ballmer sits on the sideline before an NBA basketball game against the San Antonio Spurs at Intuit Dome.
Law
Clippers fined $30 million as owner Steve Ballmer is suspended for a year following NBA investigation on behind-the-curtain deal
By Joshua HongSeptember 3, 2026
A woman from the City of Helsinki's Emergency Services and Fire Department walks past a bunker door during a visit by the foreign minister to the Merihaka civil defense facility.
Asia
Finns who survived Soviet bombings are training the next generation for a possible war with Russia
By The Associated Press and Emma BurrowsSeptember 3, 2026
Japan requires married couples to share a surname, so matchmakers are pairing singles who already have the same one to avoid changing it
Asia
Japan requires married couples to share a surname, so matchmakers are pairing singles who already have the same one to avoid changing it
By Marco Quiroz-GutierrezSeptember 3, 2026
Chase Barfield walks to his truck as he takes belongings and his dogs away from floodwaters around his house in the aftermath of Tropical Storm Edouard near Honey Island, Texas.
North America
Texas evacuates an assisted living facility as flooding from Tropical Storm Edouard strands drivers and cuts power
By The Associated Press, Jamie Stengle and Lekan OyekanmiSeptember 3, 2026
From right, French President Emmanuel Macron, Japan's Prime Minister Fumio Kishida, U.S. President Joe Biden, European Commission President Ursula von der Leyen, Canada's Prime Minister Justin Trudeau, Britain's Prime Minister Rishi Sunak, European Council President Charles Michel, German Chancellor Olaf Scholz and Italian Prime Minister Giorgia Meloni watch a skydiving demo during the G7 world leaders summit at Borgo Egnazia, Italy.
Politics
Meloni breaks Berlusconi’s record for longest-serving uninterrupted government, longest since WWII
By The Associated Press and Giada ZampanoSeptember 3, 2026
Young worker in an office on a laptop
Success
One of the fastest-growing jobs in Silicon Valley sends engineers straight to customers’ offices to get AI up and running—and pays more than $188,000
By Preston ForeSeptember 3, 2026
Rich couple walking
Personal Finance
Billionaire wives are about to inherit a huge slice of the $6.6 trillion great wealth transfer—and 1,235 women stand to cash in by 2035
By Emma BurleighSeptember 3, 2026
Photo of Gloria Steinem
Arts & Entertainment
Gloria Steinem, who fought for decades for women’s equality, dies at 92
By The Associated Press and Jocelyn NoveckSeptember 3, 2026
U.S. Treasury Secretary Scott Bessent looks on at U.S. President Donald Trump.
Personal Finance
The bond market is crashing Trump’s midterm campaign
By Eva RoytburgSeptember 3, 2026
Photo of Leon Black
Law
Billionaire Leon Black is suing Congress for ‘fishing’ into his alleged ties to Epstein
By The Associated Press and Joey CappellettiSeptember 3, 2026
Photo of Uber CEO
AI
Uber is cutting 3,300 jobs despite double-digit growth as it makes room for its robotaxi future
By Mia OsmonbekovSeptember 3, 2026
Europe doesn’t need any lessons on growth. On September 16, we’ll be revealing 500 reasons why 
Europe
Europe doesn’t need any lessons on growth. On September 16, we’ll be revealing 500 reasons why 
By Kamal AhmedSeptember 3, 2026
Charter CFO’s move to Blackstone-Google AI venture signals where finance talent is flowing
C-Suite
Charter CFO’s move to Blackstone-Google AI venture signals where finance talent is flowing
By Sheryl EstradaSeptember 3, 2026
Nextdoor CEO: After helping to pioneer online reviews, I’m trying to fix them
Commentary
Nextdoor CEO: After helping to pioneer online reviews, I’m trying to fix them
By Nirav ToliaSeptember 3, 2026
Atira cofounders Florian Diegruber (left) and August DuMont Shütte.
Startups & Venture
Exclusive: German AI startup Atira raises $17.5 million to unclog the paperwork bottleneck in industrial dealmaking
By Jeremy KahnSeptember 3, 2026
Current price of oil as of Sept. 3, 2026
Personal Finance
Current price of oil as of September 3, 2026
By Joseph HostetlerSeptember 3, 2026
Current price of Ethereum for Sept. 3, 2026
Personal Finance
Current price of Ethereum for September 3, 2026
By Joseph HostetlerSeptember 3, 2026
Top CD rates from major banks Sept. 3, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on September 3, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerSeptember 3, 2026
Current price of Bitcoin for Sept. 3, 2026
Personal Finance
Current price of Bitcoin for September 3, 2026
By Joseph HostetlerSeptember 3, 2026
Dario Amodei
Newsletters
To get into Anthropic right now, you need at least $25 million. For OpenAI, it’s closer to $1 million.
By Allie GarfinkleSeptember 3, 2026
A man holds an ingot of bullion at the New York Federal Reserve, October 10th 1966.
Personal Finance
As U.S. Treasury intervened in the bond market, the Netherlands rushed 86 tons of gold out of America because of ‘geopolitical unrest’
By Eleanor PringleSeptember 3, 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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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
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