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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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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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News
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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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Offshore nuclear barges could power ports and data centers—starting with California, where nuclear is banned
Energy
Offshore nuclear barges could power ports and data centers—starting with California, where nuclear is banned
By Jordan BlumAugust 29, 2026
Trucks navigate the obstacle course at the National Truck Driving Championships
Success
At the ‘Super Bowl of trucking,’ a driver who trained 14 years wins the golden belt buckle
By Alice BarlowAugust 29, 2026
The Strait of Hormuz crisis threatened Asia’s oil and gas lifeline. Here’s how the region is rewriting its energy playbook
Asia
The Strait of Hormuz crisis threatened Asia’s oil and gas lifeline. Here’s how the region is rewriting its energy playbook
By Katie SilverAugust 28, 2026
Donald Trump, standing behind a podium, pantomimes holding a gun.
North America
DOJ is turning to an ancient body of law to capture Iranian oil tankers. It’s been so long since the U.S. used it, ‘we’d have to conduct a séance’
By Sasha RogelbergAugust 28, 2026
mz
Cybersecurity
Meta’s $17 billion teen safety settlement is really a 1% tax — and a play to box in TikTok and YouTube
By Carolina Rossini and The ConversationAugust 28, 2026
The Best Vitamin C Serums in 2026: To Brighten Skin and Boost Collagen
Health
The Best Vitamin C Serums in 2026: To Brighten Skin and Boost Collagen
By Christina SnyderAugust 28, 2026
dolly
Arts & Entertainment
Dolly Parton likely wrote 2 of her biggest hits on the same day
By Wendy Hargreaves and The ConversationAugust 28, 2026
Former Carolina Panthers player Thomas Davis looks on prior to a game between the Carolina Panthers and Kansas City Chiefs at Bank of America Stadium.
Health
‘Like at McDonald’s’: Sports nurse practitioner sold opioids to athletes like ‘you gotta pay for your burger,” DEA investigation finds
By The Associated Press, Joshua Goodman, Jim Mustian and Eddie PellsAugust 28, 2026
Federal Reserve Chair Kevin Warsh speaks during a news conference at Federal Reserve Headquarters.
Economy
‘We have work to do’: Fed Reserve Chair Warsh suggests rate hike in coming months amid high inflation
By Christopher Rugaber and The Associated PressAugust 28, 2026
New York City sends 11,000 more pied-à-terre tax letters as it apologizes to the 1,200 wrongly targeted because it didn’t check 2025 tax returns
Personal Finance
New York City sends 11,000 more pied-à-terre tax letters as it apologizes to the 1,200 wrongly targeted because it didn’t check 2025 tax returns
By Catherina GioinoAugust 28, 2026
In this image released by the US Navy 07 April, 2003, Command Sgt Maj John Sparks, delivers copies of Stars and Stripes 04 April to US Marines from Weapons Platoon, 3-2 India Company.
Law
Fired Stars and Stripes staffers sue Pentagon, claiming retaliation over reporting on deteriorating aircraft carrier
By The Associated PressAugust 28, 2026
Trump officially signs executive order directing government to rename Lake Ontario as ‘Lake America’
Banking
Trump officially signs executive order directing government to rename Lake Ontario as ‘Lake America’
By Michelle L. Price, Will Weissert and The Associated PressAugust 28, 2026
Fortune 500 Power Moves: Which executives gained and lost power this week, Aug. 22-28, 2026
C-Suite
Fortune 500 Power Moves: Which executives gained and lost power this week, Aug. 22-28, 2026
By Fortune EditorsAugust 28, 2026
Bob and Brad D6 Pro Massage Gun Review in 2026: Tested and Approved
Health
Bob and Brad D6 Pro Massage Gun Review in 2026: Tested and Approved
By Christina SnyderAugust 28, 2026
Bob & Brad iMaster Pro 4D Massage Chair Review in 2026: Fortune Tested
Health
Bob & Brad iMaster Pro 4D Massage Chair Review in 2026: Fortune Tested
By Emily PharesAugust 28, 2026
Flock is going from the center of the surveillance debate to bipartisan target in record time
Cybersecurity
Flock is going from the center of the surveillance debate to bipartisan target in record time
By Catherina GioinoAugust 28, 2026
Three people stand next to each other and pose for a picture. Herbert Wertheim, wearing a red tie and fedora, stands on the left.
Personal Finance
An 87-year-old American billionaire bought the first Ferrari Luce for $40 million, and the purchase could save him $13 million in taxes
By Sasha RogelbergAugust 28, 2026
Kevin Warsh, chairman of the US Federal Reserve, arrives for dinner during the Kansas City Federal Reserve's Jackson Hole Economic Policy Symposium in Moran, Wyoming, US, on Thursday, Aug. 27, 2026.
Economy
Kevin Warsh finally threw Wall Street some crumbs on what he’s thinking: ‘There is one signal nobody can miss: 65 months of elevated inflation’
By Eleanor PringleAugust 28, 2026
Pharrell Williams
Success
After decades in the music industry, Pharrell Williams admits he never stops working: ‘If you do what you love everyday, you’ll get paid for free’
By Emma BurleighAugust 28, 2026
Andrew Cherng speaks into a microphone
Success
Despite working long 12-hour days, billionaire Panda Express co-CEO says he never got burned out: ‘That’s life’
By Preston ForeAugust 28, 2026
DeSantis administration diverted $10 million meant to help poor children, Florida grand jury finds
Politics
DeSantis administration diverted $10 million meant to help poor children, Florida grand jury finds
By Jim Vertuno and The Associated PressAugust 28, 2026
This billionaire Stanford dropout built a software empire—and says an MBA teaches ‘a fraction’ of what starting a company does
Success
This billionaire Stanford dropout built a software empire—and says an MBA teaches ‘a fraction’ of what starting a company does
By Sydney LakeAugust 28, 2026
t
Economy
Trump looks at Republican midterm hopes and has a message for voters: ‘Pretend, please, that I’m on the ballot’
By Steve Peoples, Jill Colvin and The Associated PressAugust 28, 2026
p
AI
Judge: Pentagon punished Anthropic for ‘arrogance,’ and that’s illegal
By Kaitlyn Huamani and The Associated PressAugust 28, 2026
t
Economy
‘I don’t have to announce everything, do I?’ Trump bristles at questions over blocked Hormuz, sanction-free China
By Aamer Madhani and The Associated PressAugust 28, 2026
Jeanne Jones
C-Suite
Why Exelon’s CFO is stepping into a new strategy role
By Sheryl EstradaAugust 28, 2026
My volleyball coach yelled ‘puka’ when nobody covered the open spot. I built a career on it.
Commentary
My volleyball coach yelled ‘puka’ when nobody covered the open spot. I built a career on it.
By Stacy L. Hambleton August 28, 2026
Why Apple’s next CEO shows you don’t need to ‘move out to move up’
Commentary
Why Apple’s next CEO shows you don’t need to ‘move out to move up’
By Matthew BidwellAugust 28, 2026
Current price of oil as of Aug. 28, 2026
Personal Finance
Current price of oil as of August 28, 2026
By Joseph HostetlerAugust 28, 2026
Current price of Bitcoin for Aug. 28, 2026
Personal Finance
Current price of Bitcoin for August 28, 2026
By Joseph HostetlerAugust 28, 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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