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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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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? 

The Arsenal boss explains why prioritizing your health is the foundation of good leadership and whether the skills that drive success in the sporting arena can translate to the corporate world.

By Kamal AhmedOctober 6, 2026
Photo of Donald Trump in Dublin
OpenAI’s human rights lead: What the military could do with AI ‘keeps me up at night’
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
ads
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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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
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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

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
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
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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
Photo: US Secretary of Energy Chris Wright
Newsletters
Crude awakening: The White House’s oil numbers don’t add up
By Jim EdwardsSeptember 3, 2026
The Vatican is smaller than a single data center. Now it’s spending $117 million to go carbon-neutral
Environment
The Vatican is smaller than a single data center. Now it’s spending $117 million to go carbon-neutral
By Catherina GioinoSeptember 3, 2026
Home equity loan and HELOC rates: Sept. 3, 2026
Personal Finance
Home equity loan and HELOC rates, September 3, 2026
By Joseph HostetlerSeptember 3, 2026
Tim Cook stepped down as Apple CEO, but the ‘Trump whisperer’ isn’t going anywhere
Big Tech
Tim Cook stepped down as Apple CEO, but the ‘Trump whisperer’ isn’t going anywhere
By Tatiana SatauaSeptember 3, 2026
Toilet paper becomes a kitchen table issue for Trump again as Canada’s retaliatory tariffs could spell another shortage
North America
Toilet paper becomes a kitchen table issue for Trump again as Canada’s retaliatory tariffs could spell another shortage
By Catherina GioinoSeptember 3, 2026
Moody’s head of sustainable finance: Asia is embracing a ‘pragmatic transition’ on energy
Environment
Moody’s head of sustainable finance: Asia is embracing a ‘pragmatic transition’ on energy
By Angelica AngSeptember 3, 2026
China demands answers after a man dies hours after entering ICE custody—the fifth Chinese national to die in U.S. immigration custody since 2025
Asia
China demands answers after a man dies hours after entering ICE custody—the fifth Chinese national to die in U.S. immigration custody since 2025
By Ryan J. Foley and The Associated PressSeptember 2, 2026
Photo of Tiger Woods
Arts & Entertainment
Tiger Woods pleads no-contest to a reckless driving charge and loses his driver’s license for five years
By The Associated Press and Daniel KozinSeptember 2, 2026
Iran fires on U.S. allies in Gulf after night of American strikes it claims killed four at a wedding
Asia
Iran fires on U.S. allies in Gulf after night of American strikes it claims killed four at a wedding
By David Rising, Samy Magdy and The Associated PressSeptember 2, 2026
Head’s up: The $1 coin showing the president’s face is officially on sale
North America
Head’s up: The $1 coin showing the president’s face is officially on sale
By Jesse Bedayn and The Associated PressSeptember 2, 2026
Simon, who was targeted by a scammer that stole $800,000 from his retirement savings and asked not to be identified by his full name because he's too ashamed to tell most of his family about the crime, looks out a window from his home.
Cybersecurity
‘What a fool I was’: Reported scams reach record high of $15.9 billion, and estimates reach upwards of $500 billion annually
By The Associated Press, Martha Mendoza, Juliet Linderman, Erika Kinetz and FRONTLINESeptember 2, 2026
Chinese President Xi Jinping, centre, is welcomed by Egyptian President Abdel-Fattah el-Sissi, right, at Cairo International Airport in Cairo.
Asia
China builds ‘soft power’ with Egypt as Jinping cultivates relationships with Middle East allies
By The Associated Press and Samy MagdySeptember 2, 2026
Gen. Christopher LaNeve, vice chief of staff of the Army, testifies at the Capitol in Washington.
Politics
Senators say scrapping specialized Army drone unit ignored the fact that ‘the character of warfare is changing’
By The Associated Press, Konstantin Toropin and Ben FinleySeptember 2, 2026
The Trump Administration says more oil exited the Middle East this week than before the Iran war, but the data says otherwise
Energy
The Trump Administration says more oil exited the Middle East this week than before the Iran war, but the data says otherwise
By Jordan BlumSeptember 2, 2026
"Data Center Alley" during high temperatures in Sterling, Virginia.
Economy
Big tech is investing millions in data centers and saving a quick tax buck while doing it—leaving some states collecting revenue loss
By Joshua HongSeptember 2, 2026
Donald Trump sits at his desk in the Oval Office.
Politics
‘Critical employees will begin to retire’: Trump’s new pay plan will deny most federal roles a raise, and it has workers warning of a retention crunch
By Sasha RogelbergSeptember 2, 2026
The Best Face Washes for Sensitive Skin in 2026: Tested for a Gentler Cleanse
Health
The Best Face Washes for Sensitive Skin in 2026: Tested for a Gentler Cleanse
By Emily PharesSeptember 2, 2026
American shoppers are so rattled by surging FDA recalls that 67% now avoid a whole food category after just one notice
Health
American shoppers are so rattled by surging FDA recalls that 67% now avoid a whole food category after just one notice
By Tatiana SatauaSeptember 2, 2026
Mamdani to New York City kids: No AI until high school
AI
Mamdani to New York City kids: No AI until high school
By Catherina GioinoSeptember 2, 2026
UKG’s CIO says HR tech is AI’s next big bet. The software firm’s employees have already launched 387 AI tools and over 12,000 agents
Newsletters
UKG’s CIO says HR tech is AI’s next big bet. The software firm’s employees have already launched 387 AI tools and over 12,000 agents
By John KellSeptember 2, 2026
Suze Orman
Success
Despite being a multimillionaire, Suze Orman still cooks at home whenever possible—and says eating out is one of the biggest wastes of money
By Preston ForeSeptember 2, 2026
As Apple gets a new CEO in John Ternus, Tim Cook shares the 4 a.m. morning ritual he stuck by for 15 years in the top job
Success
As Apple gets a new CEO in John Ternus, Tim Cook shares the 4 a.m. morning ritual he stuck by for 15 years in the top job
By Emma BurleighSeptember 2, 2026
‘If you can’t beat ’em, eat ’em’: Italy is turning its hated invasive crab into a multimillion-dollar business
Environment
‘If you can’t beat ’em, eat ’em’: Italy is turning its hated invasive crab into a multimillion-dollar business
By Colleen Barry and The Associated PressSeptember 2, 2026
From a German airport to a Polish drone factory fire, the EU confronts a wave of suspected Russian sabotage
Politics
From a German airport to a Polish drone factory fire, the EU confronts a wave of suspected Russian sabotage
By Lorne Cook and The Associated PressSeptember 2, 2026
Stan Kroenke, wearing a blue suit and sunglasses, smiles.
Investing
New LA Angels owner Stan Kroenke is quietly America’s largest private landowner, boasting 2.7 million acres and besting Bill Gates and Jeff Bezos
By Sasha RogelbergSeptember 2, 2026
Photo of wildfire
Environment
World to surpass 1.5-degree climate goal ‘in the next few years,’ UN warns
By The Associated Press and Seth BorensteinSeptember 2, 2026
Scott Bessent says 19 of the G20 finance ministers agreed to address ‘cheap imports’ but ‘China was the dissenter’
Economy
Scott Bessent says 19 of the G20 finance ministers agreed to address ‘cheap imports’ but ‘China was the dissenter’
By The Associated Press, Fatima Hussein and Chris RugaberSeptember 2, 2026
Photo of German and Chinese flags
Economy
China is beating Germany at its own game of making highly engineered machinery and Europe is struggling to keep up
By The Associated Press and David McHughSeptember 2, 2026
Anthropic CEO Dario Amodei
AI
Anthropic pauses some AI training following rogue agent hacks. Here’s how it compares with OpenAI
By Beatrice NolanSeptember 2, 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
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