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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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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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Speaker of the House Mike Johnson, R-La., pauses before he meets with reporters ahead of a vote on a stopgap funding bill and a resolution targeting socialist policies.
Politics
House votes 370-48 to fund the government through mid-December, avoiding a shutdown before the midterms, but it still awaits Trump’s signature
By The Associated Press and Kevin FrekingSeptember 1, 2026
Photo of Sam Altman
AI
OpenAI to limit access to Astra model’s advanced cyber features due to hacking concerns
By Emily ForliniSeptember 1, 2026
Photo of Mark Cuban
Investing
Mark Cuban bought a $25 million mansion sight unseen—and got it for 50% off. His secret? ‘The best guaranteed return on investment’
By Sydney LakeSeptember 1, 2026
The Pentagon is giving 3 million military and civilian workers access to ChatGPT and Grok through a secure AI platform built for ‘warfighter needs’
AI
The Pentagon is giving 3 million military and civilian workers access to ChatGPT and Grok through a secure AI platform built for ‘warfighter needs’
By Marco Quiroz-GutierrezSeptember 1, 2026
Photo of shippers in front of IKEA
Retail
IKEA is spending $1.4 billion to cut prices, joining Walmart and Target in a race to win back shoppers
By Mia OsmonbekovSeptember 1, 2026
OpenAI CEO Sam Altman.
Newsletters
OpenAI’s reports on its AI agents’ attack on Hugging Face should be ringing alarm bells—and making all companies rethink how they secure AI agents
By Jeremy KahnSeptember 1, 2026
Two soccer players run across the field in front of bleachers filled with fans and a Premier League advertisement.
Crypto
A crypto fantasy platform has left the Premier League tangled in a $13.5 million U.K. criminal probe
By Camila Grigera NaónSeptember 1, 2026
Photo of New York City Mayor Zohran Mamdani speaking at a press conference
North America
Bank of America vice president identified as victim in random Times Square stabbing
By Catherina GioinoSeptember 1, 2026
A child holds up two video game cases and stands next to an adult wearing a PlayStation shirt.
Law
Once a champion for physical media, Sony is now telling PlayStation customers they don’t actually own the digital video games they paid $70 for
By Sasha RogelbergSeptember 1, 2026
Photo of Rep. Greg Casar at the podium with Sen. Bernie Sanders in the background
AI
A new bill would tax AI tokens to fund jobs if the technology causes mass unemployment
By Mia OsmonbekovSeptember 1, 2026
Apple CEO John Ternus
Success
Apple’s new CEO John Ternus once told Gen Z to ‘never assume’ they know as much as others—he says it’s the mindset hack that will push you forward
By Emma BurleighSeptember 1, 2026
young woman speaking to a client
Success
As Gen Z flocks back to accounting, EY is investing $100 million in bonuses for employees who prove they have human skills
By Preston ForeSeptember 1, 2026
Buildings are seen in a flood damaged Bright Angel Canyon the Grand Canyon.
Environment
‘We anticipate miles of the pipeline being destroyed’: Roughly 40% of the Grand Canyon’s critical infrastructure damaged from flash floods
By The Associated Press and Michael PhillisSeptember 1, 2026
U.S. Army Secretary Dan Driscoll speaks at the America 250 celebration at Fort Bragg.
Politics
‘Pentagon right now is, in some cases, rudderless’: Army Secretary Dan Driscoll steps down after just 18 months
By The Associated PressSeptember 1, 2026
Oil is back above $92 and inflation fears are sending U.S. bond yields to their highest since January 2025
Investing
Oil is back above $92 and inflation fears are sending U.S. bond yields to their highest since January 2025
By Damian J. Troise and The Associated PressSeptember 1, 2026
Cuba’s schools reopen with no fuel, no uniforms and a 27% teacher shortage, as 1.4 million students head to the classroom
Politics
Cuba’s schools reopen with no fuel, no uniforms and a 27% teacher shortage, as 1.4 million students head to the classroom
By Danica Coto and The Associated PressSeptember 1, 2026
A car passes Facebook's new Meta logo on a sign at the company headquarters.
Cybersecurity
Meta’s $18 billion settlement bets on AI to tell which users are kids, raising new privacy questions for kids and adults alike
By The Associated Press and Barbara OrtutaySeptember 1, 2026
Photo of Palestinians waiting to get food
Asia
West Bank food needs more than doubled since 2023 as U.N. halves its reach due to funding shortages
By The Associated PressSeptember 1, 2026
Photo of Iran's president
Asia
Iran says it’s ready to return to its ceasefire with the US—hours after the two sides exchanged fire again
By The Associated PressSeptember 1, 2026
Photo of USPS trucks
Politics
One scanning error could block tens of thousands thousands of mail ballots under Trump’s new postal system, whistleblower warns
By The Associated Press and Nicholas RiccardiSeptember 1, 2026
jd
Health
Do CEOs actually matter? Pulitzer winner Jared Diamond ran ‘natural experiments’ to find out
By Jared DiamondSeptember 1, 2026
p
Commentary
The real leadership crisis isn’t strategy. It’s that we’ve forgotten how to tell each other the truth
By Pam Manfredo CurtisSeptember 1, 2026
n
Commentary
I invented the text-message restaurant order in 2005. Twenty years later, I know what comes next
By Noah GlassSeptember 1, 2026
Current price of oil as of Sept. 1, 2026
Personal Finance
Current price of oil as of September 1, 2026
By Joseph HostetlerSeptember 1, 2026
Current price of Bitcoin for Sept. 1, 2026
Personal Finance
Current price of Bitcoin for September 1, 2026
By Joseph HostetlerSeptember 1, 2026
Current price of Ethereum for Sept. 1, 2026
Personal Finance
Current price of Ethereum for September 1, 2026
By Joseph HostetlerSeptember 1, 2026
Top CD rates from major banks Sept. 1, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on September 1, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerSeptember 1, 2026
Jensen Huang
Success
Nvidia CEO Jensen Huang says AI will create ‘hundreds of thousands’ of new jobs—including for people who want to ‘make things with their hands’
By Preston ForeSeptember 1, 2026
GE Vernova lands Rivian’s CFO, leaving EV maker to find successor
C-Suite
GE Vernova lands Rivian’s CFO, leaving EV maker to find successor
By Sheryl EstradaSeptember 1, 2026
Do you need an appraisal to refinance your home?
Personal Finance
Do you need an appraisal to refinance your home?
By Joseph HostetlerSeptember 1, 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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