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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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Current price of Ethereum for Oct. 7, 2026
Current price of Ethereum for October 7, 2026

Ethereum isn’t just digital money; it’s a decentralized computing platform, meaning users can build and run apps on it without oversight of a company or bank.

By Joseph HostetlerOctober 7, 2026
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
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
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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
More in News
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
‘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

As global and regional liquidity tightens, a nascent Gulf secondary market is giving investors, founders, and early backers a new route to monetisation

By Melissa HancockOctober 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
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Cans of fish stacked on shelves
Energy
‘We’re facing a double whammy’: America’s hottest tinned fish snack is shrinking by nearly half thanks to climate change and war in Iran
By Catherina GioinoAugust 31, 2026
Photo of Timothy Armoo
Success
31-year-old millionaire has zero sympathy for unemployed Gen Z’s ‘excuses’—he says ‘it is scarily easy’ to build a business and get rich right now
By Orianna Rosa RoyleAugust 31, 2026
Home equity loan and HELOC rates: Aug. 31, 2026
Personal Finance
The home equity loan and HELOC rates, August 31, 2026
By Joseph HostetlerAugust 31, 2026
Woman AI worker disappointed
Success
Women only accounted for 26% of hires in jobs with AI skills—and they could be missing out on a $100K salary difference
By Emma BurleighAugust 31, 2026
Apple’s John Ternus era: Can a low-key engineer win the AI race?
Magazine
Apple’s John Ternus era: Can a low-key engineer win the AI race?
By Sebastian HerreraAugust 31, 2026
Why the head of Taiwan’s stock exchange wants you to look past TSMC—and embrace the ‘technology island’
Asia
Why the head of Taiwan’s stock exchange wants you to look past TSMC—and embrace the ‘technology island’
By Nicholas GordonAugust 31, 2026
This Gen Xer spent 28 years in a cubicle and never made more than $70,000. At 59, she made $500,000 in the creator economy
Success
This Gen Xer spent 28 years in a cubicle and never made more than $70,000. At 59, she made $500,000 in the creator economy
By Tatiana SatauaAugust 31, 2026
Shein CEO’s wealth slumps $15 billion after whittled-down IPO
Big Tech
Shein CEO’s wealth slumps $15 billion after whittled-down IPO
By Dave Sebastian, Pui Gwen Yeung and BloombergAugust 30, 2026
Warner Bros. axed ‘Coyote vs. Acme’ three years ago to take a tax write off. But it’s finally in theaters after a public outcry—and a box office hit
Arts & Entertainment
Warner Bros. axed ‘Coyote vs. Acme’ three years ago to take a tax write off. But it’s finally in theaters after a public outcry—and a box office hit
By Jake Coyle and The Associated PressAugust 30, 2026
Iran’s president admits ‘we have many problems’ and missiles ‘are of no use’ as the U.S. chokes its economy while weakening Tehran’s grip on Hormuz
Middle East
Iran’s president admits ‘we have many problems’ and missiles ‘are of no use’ as the U.S. chokes its economy while weakening Tehran’s grip on Hormuz
By Jason MaAugust 30, 2026
Battle for Hormuz: U.S. forces take first military action against Iran in a month, striking rocket launchers being used to deploy sea mines
Politics
Battle for Hormuz: U.S. forces take first military action against Iran in a month, striking rocket launchers being used to deploy sea mines
By Konstantin Toropin, Cara Anna, Ben Finley and The Associated PressAugust 30, 2026
It’s not just math and reading. Classroom devices deprive kids of skills needed in the AI future and how to be ‘fully human,’ education experts say
AI
It’s not just math and reading. Classroom devices deprive kids of skills needed in the AI future and how to be ‘fully human,’ education experts say
By Jason MaAugust 30, 2026
Trump urges FCC to probe media polling, punish NBC moderator
Politics
Trump urges FCC to probe media polling, punish NBC moderator
By Jeff Mason and BloombergAugust 30, 2026
World mostly shrugs off Bessent’s ‘D-Day’ Iran sanctions threat
Politics
World mostly shrugs off Bessent’s ‘D-Day’ Iran sanctions threat
By Yash Roy, Patrick Sykes and BloombergAugust 30, 2026
Google Maps changes Lake Ontario label to Lake America in U.S.
North America
Google Maps changes Lake Ontario label to Lake America in U.S.
By Rachel Cohrs Zhang and BloombergAugust 30, 2026
SpaceX launches NASA’s newest crown-jewel telescope, which will look for ‘the weird, the rare and the unusual’ — including dark matter and energy
Innovation
SpaceX launches NASA’s newest crown-jewel telescope, which will look for ‘the weird, the rare and the unusual’ — including dark matter and energy
By Marcia Dunn and The Associated PressAugust 30, 2026
This baby boomer vs. Gen X Senate race emerges as key test of generational change in U.S. politics and what age is too old for Congress
Politics
This baby boomer vs. Gen X Senate race emerges as key test of generational change in U.S. politics and what age is too old for Congress
By Leah Willingham and The Associated PressAugust 30, 2026
Olivia Rodrigo and philanthropist Melinda French Gates raise $20 million for women’s well-being with a benefit show recalling ’90s feminist push
Arts & Entertainment
Olivia Rodrigo and philanthropist Melinda French Gates raise $20 million for women’s well-being with a benefit show recalling ’90s feminist push
By James Pollard and The Associated PressAugust 30, 2026
Six months into the Iran war, the global economy has pulled off a ‘Mission Impossible’ scene, and the Trump family is among the winners
Economy
Six months into the Iran war, the global economy has pulled off a ‘Mission Impossible’ scene, and the Trump family is among the winners
By Matt Sedensky and The Associated PressAugust 30, 2026
Trump mistook it repeatedly while speaking about his designs on Greenland, but voters in Iceland reject a proposal to restart talks to join the EU
Politics
Trump mistook it repeatedly while speaking about his designs on Greenland, but voters in Iceland reject a proposal to restart talks to join the EU
By Kwiyeon Ha, Brian Melley and The Associated PressAugust 30, 2026
American taxpayers have spent $33 billion on sports stadiums. They got fewer seats—and higher prices
Success
American taxpayers have spent $33 billion on sports stadiums. They got fewer seats—and higher prices
By Catherina GioinoAugust 30, 2026
Gen Zer washed his college basketball team’s dirty clothes and mopped floors to prove his passion—now he’s one of the youngest interns ever at the NBA
Success
Gen Zer washed his college basketball team’s dirty clothes and mopped floors to prove his passion—now he’s one of the youngest interns ever at the NBA
By Orianna Rosa RoyleAugust 30, 2026
The Neil Sedaka Method: A songwriter’s guide to strategic imitation
Commentary
The Neil Sedaka Method: A songwriter’s guide to strategic imitation
By Stuart N. BrotmanAugust 30, 2026
South Korea may be getting too old to take advantage of its AI boom
Economy
South Korea may be getting too old to take advantage of its AI boom
By Mia OsmonbekovAugust 30, 2026
Fortune Archives: What Dolly Parton’s ‘9 to 5’ still gets right about work
Newsletters
Fortune Archives: What Dolly Parton’s ‘9 to 5’ still gets right about work
By Indrani SenAugust 30, 2026
Trinity Rodman battles Sarah Gorden on the soccer pitch.
North America
Women’s professional soccer has a champagne problem: A packed calendar around the World Cup that will test the sustainability of its mega growth
By Sasha RogelbergAugust 30, 2026
amy
AI
Why the AI economy is like a bad dating app — drowning in decks, pilot purgatory — and it’s playing out like the dotcom bubble, except worse
By Nick LichtenbergAugust 30, 2026
gen x
Commentary
Why Gen X should stop planning around an inheritance that may never arrive
By Jon SabesAugust 30, 2026
America’s Mediterranean lunch bowl is booming as NAYA races toward 200 restaurants
Travel & Leisure
America’s Mediterranean lunch bowl is booming as NAYA races toward 200 restaurants
By Tatiana SatauaAugust 30, 2026
Singapore has overhauled its baby bonus scheme. Will it work to boost birth rates this time?
Asia
Singapore has overhauled its baby bonus scheme. Will it work to boost birth rates this time?
By Angelica AngAugust 29, 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
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Current price of oil as of October 6, 2026placeholder alt text
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