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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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Bridge loans explained: Costs, risks, and when to use one
Bridge loans explained: Costs, risks, and when to use one

A bridge loan can help you buy before you sell, but the cost adds up fast. Here’s how bridge loans work, what they actually cost, and when to skip one.

By Glen Luke FlanaganOctober 7, 2026
Current price of Ethereum for Oct. 7, 2026
Current price of Ethereum for October 7, 2026
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
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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
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Global
More in Global
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

Everything you need to know before you reach the office this morning.

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

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
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CIA Director John L. Ratcliffe attends a news conference in James S. Brady Press Briefing Room of the White House.
Politics
CIA director visits Putin in Moscow in talks that Trump calls ‘sort of semi-routine’
By The Associated PressAugust 26, 2026
A shipping container is moved at a freight yard in Montreal, Quebec, Canada.
Economy
U.S. economy grows at sluggish 1.5% pace in second quarter
By Paul Wiseman and The Associated PressAugust 26, 2026
OpenAI CEO Sam Altman
AI
OpenAI, independent firms publish reports on rogue AI attack on Hugging Face. Here are the main takeaways—and what OpenAI still hasn’t disclosed.
By Emily ForliniAugust 26, 2026
Famed cult actor Tim Curry, star of ‘Rocky Horror Picture Show’ and ‘Home Alone 2,’ dead at 80
Arts & Entertainment
Famed cult actor Tim Curry, star of ‘Rocky Horror Picture Show’ and ‘Home Alone 2,’ dead at 80
By The Associated Press and Mark KennedyAugust 26, 2026
Dario Amodei, Anthropic CEO.
AI
Anthropic wants investors to believe its ‘total addressable market’ is worth $30 trillion—nearly the size of the entire US economy
By Beatrice NolanAugust 26, 2026
Meta’s $18 billion settlement leaves out the child protections New Mexico already won at trial, its Attorney General says
Law
Meta’s $18 billion settlement leaves out the child protections New Mexico already won at trial, its Attorney General says
By Catherina GioinoAugust 26, 2026
How David Tisch’s BoxGroup turned a $750K bet on Cursor into a $1 billion exit by breaking all the VC rules
Startups & Venture
How David Tisch’s BoxGroup turned a $750K bet on Cursor into a $1 billion exit by breaking all the VC rules
By Allie GarfinkleAugust 26, 2026
ChatGPT can now search years of your texts—but security experts are most worried about the people who never opted in
Cybersecurity
ChatGPT can now search years of your texts—but security experts are most worried about the people who never opted in
By Tatiana SatauaAugust 26, 2026
A logo of the company Scalable Capital. Scalable has been operating a platform for private investors since 2015.
Investing
A major German bank just let Claude and ChatGPT trade for customers. In one test, Claude beat human traders 76% of the time—but there’s a catch
By Joshua HongAugust 26, 2026
Matthew Kalish (left), Paul Liberman (middle), and Jason Robins (right), hold up a football with the DraftKings logo printed on it.
North America
Exclusive: Struggling DraftKings awards $30 million marketing contract to cofounder who recently stepped down
By Camila Grigera NaónAugust 26, 2026
How Cigna’s AI chief is investing in the technology to cut costs and address some of health care’s biggest problems
Newsletters
How Cigna’s AI chief is investing in the technology to cut costs and address some of health care’s biggest problems
By John KellAugust 26, 2026
Photo of Marc Lore
AI
‘It’s very objective’: Billionaire Marc Lore’s Wonder uses an AI algorithm to determine who gets promoted
By Mia OsmonbekovAugust 26, 2026
retire
Economy
Baby boomers are collecting 265% of what they paid into Social Security—and millennials are paying the price
By Nick LichtenbergAugust 26, 2026
meta
Big Tech
Meta’s $17 billion child-safety settlement is the biggest tech payout ever—or 3x what it paid to acquihire a 28-year-old AI superstar
By Nick LichtenbergAugust 26, 2026
Dolly Parton
Success
Dolly Parton once gave $1 million to help develop the Moderna COVID vaccine at Vanderbilt: ‘I’m kind of addicted to the feeling of giving’
By Preston ForeAugust 26, 2026
sb
Economy
The $40 trillion national debt and the bond market’s revolt: top Wall Street strategists explain how we got into this mess
By Nick LichtenbergAugust 26, 2026
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., exits Los Angeles Superior Court in Los Angeles, California, US.
Cybersecurity
Meta’s $17.1 billion settlement will be over 12-times larger than the second largest big tech privacy settlement in the past four years
By Joshua HongAugust 26, 2026
Pro-Russian group claims credit for biggest-ever hack on Norway government services after $9.2 billion pledge to Ukraine
Cybersecurity
Pro-Russian group claims credit for biggest-ever hack on Norway government services after $9.2 billion pledge to Ukraine
By The Associated PressAugust 26, 2026
george lee
Commentary
Goldman Sachs Global Institute co-head: remaking our world for machine intelligence
By George C. Lee IIAugust 26, 2026
Dubai airport traffic plunged 31% as the Iran war sent travelers looking for routes outside the Middle East
Travel & Leisure
Dubai airport traffic plunged 31% as the Iran war sent travelers looking for routes outside the Middle East
By The Associated PressAugust 26, 2026
Photo of Humain booth
AI
Saudi brothers mint billion-dollar fortune from AI boom
By Omar El Chmouri, Alexander Sazonov and BloombergAugust 26, 2026
Bill Gates attend a meeting of Bloomberg at the Plaza Hotel on September 23, 2025 in New York City.
Economy
Bill Gates wants to tax robots to deter businesses from replacing humans with machines
By Eleanor PringleAugust 26, 2026
Cambodia’s scam-center underworld linked to Mexico’s Sinaloa Cartel and its cryptocurrency millions
Asia
Cambodia’s scam-center underworld linked to Mexico’s Sinaloa Cartel and its cryptocurrency millions
By Sopheng Cheang and The Associated PressAugust 26, 2026
Photo of Elon Musk
Politics
Zelenskyy gives Elon Musk Order of Freedom, asks for more Starlink access for Ukraine
By The Associated PressAugust 26, 2026
Photo of ships on the Strait of Hormuz
Energy
Six months into the Iran war, Hormuz is still shut — and now Tehran wants military ships excluded
By The Associated PressAugust 26, 2026
Polarized America united around one issue: the data centers powering the stock market and the biggest tech boom in decades
Politics
Polarized America united around one issue: the data centers powering the stock market and the biggest tech boom in decades
By Will Weissert, Susan Montoya Bryan and The Associated PressAugust 26, 2026
t
Asia
The U.S. declared an ‘onslaught’ on Iran. China’s banks got a pass
By Didi Tang, Farnoush Amiri and The Associated PressAugust 26, 2026
t
Retail
Target’s minstrel-costume apology erased days of stock gains
By Nancy Jiang and The Associated PressAugust 26, 2026
t
Politics
Trump’s own trade chief downplays the Canada tariffs he’s escalating: ‘We don’t actually expect a huge impact’
By Bill Barrow, Patrick Whittle and The Associated PressAugust 26, 2026
i
Cybersecurity
Kid safety trial hears Instagram chief’s frustration over safety feature, ex-Meta employee who quit over ‘values’
By Barbara Ortutay and The Associated PressAugust 26, 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
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Wealthy boomers doubt their heirs will keep giving as $124 trillion changes hands, BofA finds. The data shows a different realityplaceholder alt text
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Current price of oil as of October 6, 2026placeholder alt text
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