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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

3

Google cofounder Sergey Brin has spent $102 million to fight California’s proposed billionaire tax—he could owe $13 billion if he loses

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

Google cofounder Sergey Brin has spent $102 million to fight California’s proposed billionaire tax—he could owe $13 billion if he loses
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Gold bars
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
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
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
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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

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
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
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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Woman working late at night in office.
Startups & Venture
Meet the 32-year-old founder who raised $3.5 million to help Gen Z feel not so alone in the world
By Joshua HongOctober 2, 2026
diana
AI
ServiceNow unpacks the Fortune AIQ list, where the widest gap between AI leaders and laggards is training for humans
By Nick LichtenbergOctober 2, 2026
Creative class guru Richard Florida confronts 189k job wipeout: ‘AI is both an enhancing technology and eliminating technology’
Future of Work
Creative class guru Richard Florida confronts 189k job wipeout: ‘AI is both an enhancing technology and eliminating technology’
By Catherina GioinoOctober 2, 2026
Suresh Venkatarayalu, Chief Technology Officer, Honeywell AJ Wijesinghe, Chief AI Officer, Ecolab
AI
‘Sometimes it’s more expensive than having humans’: Ecolab gets real about AI’s limits in the physical world
By Nick LichtenbergOctober 2, 2026
amy
AI
Top futurist Amy Webb sees Fortune 500 firms suffering from ‘learned helplessness’ with AI, like taxi drivers who need Google Maps
By Nick LichtenbergOctober 2, 2026
Paul Fipps, the president of global customer operations at ServiceNow
AI
Top ServiceNow exec on clients delivering ‘life-changing’ results with AI agents—and he’s seeing it now at Standard Chartered
By Emma BurleighOctober 2, 2026
France debt crisis: Bond investors have rendered a ‘guilty’ verdict and are pricing in growing odds of a sovereign default, analyst says
Economy
France debt crisis: Bond investors have rendered a ‘guilty’ verdict and are pricing in growing odds of a sovereign default, analyst says
By Jason MaOctober 2, 2026
Jolly, the mascot for the Muse AI agent, during the Meta Connect event in Menlo Park, California, US, on Thursday, Sept. 24, 2026. Meta Platforms Inc. is expanding its smart-glasses lineup with camera-free models, support for the popular new Muse assistant and a hearing-aid mode.
AI
A Clippy marketing moment with Muse: ‘Meta has given AI a cute face’
By Tatiana SatauaOctober 2, 2026
Fortune 500 Power Moves: Which executives gained and lost power this week
C-Suite
Fortune 500 Power Moves: Which executives gained and lost power this week
By Fortune EditorsOctober 2, 2026
Ben Affleck wearing a suit jacket, behind a purple background
Success
Ben Affleck says predictions that AI will wipe out jobs—or kill us all—are just propaganda: ‘In fact, more people technically are being employed’
By Preston ForeOctober 2, 2026
sb
Commentary
Bessent said ‘I am the house.’ The bond market disagreed
By Steve H. Hanke and David M. WalkerOctober 2, 2026
Trump says Biden overcharged Obamacare customers. Now almost 1 million of them are getting $500 checks—here’s who qualifies
Personal Finance
Trump says Biden overcharged Obamacare customers. Now almost 1 million of them are getting $500 checks—here’s who qualifies
By Sydney LakeOctober 2, 2026
Ewout Steenbergen, Executive Vice President and Chief Financial Officer, Booking Holdings at the Fortune AIQ Summit at the New York Stock Exchange on October 1, 2026.
Conferences
Booking Holdings CFO says even AI hyperscalers don’t know their ROI—but he’s learning from his ‘AI coach’
By Nick LichtenbergOctober 2, 2026
PartiQlar NMN as best NMN supplement
Health
7 Best NAD Supplements of 2026: Expert Reviewed and Tested
By Christina SnyderOctober 2, 2026
Jeff Bezos just opened a free preschool inside an Arizona retirement community—and families earning up to $132,000 can apply
Economy
Jeff Bezos just opened a free preschool inside an Arizona retirement community—and families earning up to $132,000 can apply
By Fernanda TroncoOctober 2, 2026
U.S. President Donald Trump speaks with Rewant Ruia (L), Chairman of Mesabi Metallics, and Ravi Ruia (2nd L), Board Member of Mesabi Metallics and Director of Essar Capital, while making an announcement in the Oval Office at the White House on September 28, 2026 in Washington, DC. Trump announced plans that a new $15 billion steel plant will be built in eastern Iowa by Mesabi Metallics and is projected to be one of the largest in the United States.
Politics
‘The deal is done’: Trump’s $15 billion Iowa steel deal comes with a catch: new tax breaks
By Hannah Fingerhut and The Associated PressOctober 2, 2026
Top CD rates from major banks on October 2, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on October 2, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerOctober 2, 2026
dd
Commentary
Lightspeed Commerce CEO: our study analyzed half a million AI shopping responses and revealed who gets to compete
By Dax DasilvaOctober 2, 2026
Power lines and utility poles stand in front of La Perla neighborhood along the coast in Old San Juan, Puerto Rico.
Energy
Puerto Rico’s power rates jump 18% to a record high, nearly double the US mainland average
By Danica Coto and The Associated PressOctober 2, 2026
Current price of Ethereum for Oct. 2, 2026
Personal Finance
Current price of Ethereum for Oct. 2, 2026
By Joseph HostetlerOctober 2, 2026
Israeli passenger Haim Lazarovich, who experienced an emergency landing in Saudi Arabia, during a flight on FlyDubai plane, arrives at Ben Gurion International Airport, near Tel Aviv, Israel.
Politics
For 25 years, locked cockpits have kept intruders out. The FlyDubai attack exposed the danger inside
By Sam Metz, Rio Yamat, Philip Marcelo and The Associated PressOctober 2, 2026
Americans rebel against Trump’s red-baiting, sending socialism to a record high in opinion polling
Politics
Americans rebel against Trump’s red-baiting, sending socialism to a record high in opinion polling
By Catherina GioinoOctober 2, 2026
A woman holds Russian journalist Dmitry Muratov's 2021 Nobel Peace Prize medal in New York, on June 20, 2022. Muratov is the editor-in-chief of the Russian newspaper Novaya Gazeta.
Politics
The Nobel Peace Prize could leave the planet this year, with the International Space Station among contenders
By Mark Lewis and The Associated PressOctober 2, 2026
Current price of Bitcoin for Oct. 2, 2026
Personal Finance
Current price of Bitcoin for Oct. 2, 2026
By Joseph HostetlerOctober 2, 2026
Current price of oil as of Oct. 2, 2026
Personal Finance
Current price of oil as of Oct. 2, 2026
By Joseph HostetlerOctober 2, 2026
Fortune's Andrew Nusca; Sally Moore, chief client officer and co-head of market intelligence at S&P Global; and Hari Gopalkrishnan, chief technology and information officer for Bank of America at the Fortune AIQ Summit on Oct. 1, 2026 at the New York Stock Exchange.
AI
Bank of America and S&P Global on why AI success starts with governance and data
By Sheryl EstradaOctober 2, 2026
U.S. President Donald Trump listens to a reporters question in the Oval Office at the White House on September 28, 2026 in Washington, DC.
Economy
Trump just soft-launched higher inflation as the new solution for rebalancing the $40 trillion U.S. national debt
By Eleanor PringleOctober 2, 2026
nyse
Commentary
Capitalism may be reinventing socialism — and probably not how you think
By Joao GomesOctober 2, 2026
GM CEO Mary Barra sits in the driver's seat of a car.
Newsletters
GM’s Mary Barra says ‘I’m done making predictions’—but sees fully autonomous driving in 2028
By Jim EdwardsOctober 2, 2026
I’m a humanitarian leader who’s all in on AI. Here’s why
Commentary
I’m a humanitarian leader who’s all in on AI. Here’s why
By Jeannie AnnanOctober 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
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
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