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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

3

Current price of oil as of October 6, 2026
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Top CD rates from major banks Oct. 7, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Top CD rates from major banks on October 7, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more

A deposit account at a bank you already recognize can be a safe way to earn interest on your money.

By Joseph HostetlerOctober 7, 2026
Current price of Bitcoin for Oct. 7, 2026
Current price of Bitcoin for October 7, 2026
By Joseph HostetlerOctober 7, 2026
Current price of oil as of Oct. 7, 2026
Current price of oil as of October 7, 2026
By Joseph HostetlerOctober 7, 2026
Tom Hale, CEO of Oura
Why Oura delayed its IPO
By Allie GarfinkleOctober 7, 2026
Side-by-side photos of OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei
AI is heading toward a cash-flow negative inflection point, and spending will slow in 2027, Wall Street thinks
By Jim EdwardsOctober 7, 2026
‘The secret world of secondaries’: How a niche area of finance is emerging as a new liquidity engine in the Gulf
‘The secret world of secondaries’: How a niche area of finance is emerging as a new liquidity engine in the Gulf
By Melissa HancockOctober 7, 2026
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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

David Reuben’s move to Monaco follows a wave of departures since the U.K. scrapped its non-dom regime—and offers a preview of the fight California voters are deciding with Proposition 40.

By Sydney LakeOctober 7, 2026
Former CIA official with Top Secret clearance admits to $194 million fraud, including 298 gold bars and four luxury South Florida properties

Rush will give up 298 gold bars, Palm Beach and Jupiter Island real estate, 35 watches, two BMW Alpinas and about $40 million in cash.

By Catherina GioinoOctober 6, 2026
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
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North America
More in North America
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
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
More in North America
Asia
More in Asia
Will AI kill the Asian entertainment industry, or reinvent it?
Will AI kill the Asian entertainment industry, or reinvent it?

Studios in China are turning to models from ByteDance and Kling to generate 100-minute short dramas for less than $3000.

By Angelica AngOctober 7, 2026
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
More in Asia
Global
More in Global
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
Exclusive: Meet the 38-year-old founder who left Wall Street for love and created an AI insurance unicorn a decade later

Gage Caligaris’ Ledgebrook has raised $200 million, co-led by Allianz X and Rockefeller Capital Management. The valuation is $2.6 billion, a source said.

By Nick LichtenbergOctober 7, 2026
Citi shortens its analyst program to two years as Wall Street fights private equity for young talent

“The reality that private equity is interviewing so early in a banker’s career is very unfortunate, and to some extent, disappointing,” one Citi executive said.

By Sasha RogelbergOctober 7, 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? 

The Arsenal boss talks to Fortune on the link between health, leadership, and sporting success.

By Kamal AhmedOctober 6, 2026
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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
Using an AI-powered digital document management system to increase efficiency and automate workflow.
AI
The companies getting the most from AI are rethinking how work gets done
By Sheryl EstradaSeptember 2, 2026
Stripe is giving off early Google vibes—for good and for bad
Newsletters
Stripe is giving off early Google vibes—for good and for bad
By Jeff John RobertsSeptember 2, 2026
Current price of oil as of Sept. 2, 2026
Personal Finance
Current price of oil as of September 2, 2026
By Joseph HostetlerSeptember 2, 2026
Current price of Bitcoin for Sept. 2, 2026
Personal Finance
Current price of Bitcoin for September 2, 2026
By Joseph HostetlerSeptember 2, 2026
Current price of Ethereum for Sept. 2, 2026
Personal Finance
Current price of Ethereum for September 2, 2026
By Joseph HostetlerSeptember 2, 2026
Top CD rates from major banks Sept. 2, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on September 2, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerSeptember 2, 2026
Your FHA loan refinance options
Personal Finance
Your FHA loan refinance options
By Joseph HostetlerSeptember 2, 2026
Couple on a date
Economy
Single Americans want potential partners earning at least six figures, according to new study. Millennials set the ‘ideal’ bar at $160,000
By Eleanor PringleSeptember 2, 2026
Photo: Austan Goolsbee
Newsletters
Fed’s Goolsbee says AI is ‘not far’ from overheating the economy
By Jim EdwardsSeptember 2, 2026
Saudi fires up Gulf AI race with $15 billion tech deals at LEAP 
Newsletters
Saudi fires up Gulf AI race with $15 billion tech deals at LEAP 
By Melissa HancockSeptember 2, 2026
The U.S. is about to churn out much more natural gas to power AI and to export—and it’s triggering a wave of multibillion-dollar acquisitions
Energy
The U.S. is about to churn out much more natural gas to power AI and to export—and it’s triggering a wave of multibillion-dollar acquisitions
By Jordan BlumSeptember 2, 2026
Former U.S. House Speaker, Rep. Nancy Pelosi (D-CA) speaks at a celebration of the life of the late Rep. Barney Frank (D-MA) in the Longworth House Office Building on Capitol Hill.
Politics
San Francisco Democrats break with their party over the billionaire tax—and reveal how deeply Prop 40 has split the left
By Joshua HongSeptember 2, 2026
Home equity loan and HELOC rates: Sept. 2, 2026
Personal Finance
Home equity loan and HELOC rates, September 2, 2026
By Joseph HostetlerSeptember 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
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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