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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

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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

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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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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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
When pre-IPO shares are too good to be true
Newsletters
When pre-IPO shares are too good to be true
By Alexei OreskovicOctober 2, 2026
The Fed has one interest rate. America has two economies
Commentary
The Fed has one interest rate. America has two economies
By Katica RoyOctober 2, 2026
I study tribal psychology and build AI agents for my business students—the rogue OpenAI ‘swarm’ alarmed me
Commentary
I study tribal psychology and build AI agents for my business students—the rogue OpenAI ‘swarm’ alarmed me
By Michael MorrisOctober 2, 2026
Billionaire George Soros has donated $102 million ahead of the midterms—and now the Democrats are coming out ahead
Politics
Billionaire George Soros has donated $102 million ahead of the midterms—and now the Democrats are coming out ahead
By Mia OsmonbekovOctober 2, 2026
Home equity loan and HELOC rates, Oct. 2, 2026
Personal Finance
Home equity loan and HELOC rates, Oct. 2, 2026
By Joseph HostetlerOctober 2, 2026
d
Environment
‘You need to clean up the mess your generation has left’: Volkswagen’s guilty boomer gets real about sustainability, China—and his spam folder
By Nick LichtenbergOctober 2, 2026
gpt
Big Tech
‘We don’t want to be a policeman of the internet’: How a student of John McPhee turned GPTZero into a $30 million AI-detection business
By Nick LichtenbergOctober 2, 2026
Zhou Yuxiang hired food delivery riders to sell AI to factories. Now he’s chasing China’s industrial AI breakthrough
Asia
Zhou Yuxiang hired food delivery riders to sell AI to factories. Now he’s chasing China’s industrial AI breakthrough
By Nicholas GordonOctober 2, 2026
GM’s Mary Barra says the EV transition is still the destination—even if the road is longer
Magazine
GM’s Mary Barra says the EV transition is still the destination—even if the road is longer
By Alyson ShontellOctober 2, 2026
‘Europe needs to shed its naivety’: Vestas CEO Henrik Andersen on Chinese competition and the energy issue that keeps him up at night
Magazine
‘Europe needs to shed its naivety’: Vestas CEO Henrik Andersen on Chinese competition and the energy issue that keeps him up at night
By Sam BirchallOctober 2, 2026
larry
Success
Larry Fink on the lost ‘bedrock of America’ and ‘a big divide’ between wages and investment wealth
By Nick LichtenbergOctober 2, 2026
Russia's President Vladimir Putin addresses the audience during the Valdai Discussion Club meeting in Moscow.
Politics
‘Playing a dangerous game’: Putin threatens using ‘all its arsenal’ if there is a ‘direct attack on the Russian Federation’
By The Associated PressOctober 1, 2026
s
AI
AI in regulated industries: BofA and S&P on the huge gains to be had, and the risks of rushing in
By Nick LichtenbergOctober 1, 2026
Stacy Dillow, executive vice president and chief people officer at HPE
Future of Work
Fortune 500 chief people officers say AI has killed org charts, and employees who will thrive need to ‘unlearn’
By Preston ForeOctober 1, 2026
Astronauts, from left, Joshua Kutryk, of Canada, pilot Luke Delaney, commander Jessica Watkins and Cosmonaut Sergey Teteryatnikov, of Russia leave the Operations and Checkout Building at the Kennedy Space Center in Cape Canaveral, Fla.
Innovation
SpaceX sends 4 astronauts to the International Space Station on a record-fast 8-hour trip
By Marcia Dunn and The Associated PressOctober 1, 2026
President Donald Trump speaks with reporters before boarding Marine One on the South Lawn of the White House.
Politics
‘They’ll be hit very hard’: Trump sends roughly 9,000 troops and a third aircraft carrier to the Middle East after warning strikes on Iran
By The Associated Press, Konstantin Toropin, Michelle L. Price and Aamer MadhaniOctober 1, 2026
Trump stands with tech CEOs.
Newsletters
AI’s biggest players promise to police themselves at the White House
By Beatrice NolanOctober 1, 2026
A couple sit on a breakwater with a view of the city skyline in the Marina Bay area of Singapore.
Asia
Singapore is tapping a Nobel-winning formula to help its useless singles get dates
By Tatiana SatauaOctober 1, 2026
Gold Bitcoins
Crypto
Citigroup raises one-year Bitcoin forecast to $113,000
By Camila Grigera NaónOctober 1, 2026
Paramount promised 30 movies a year to win Warner Bros. Losing Miramax if it fails may not scare it
Law
Paramount promised 30 movies a year to win Warner Bros. Losing Miramax if it fails may not scare it
By Andrew McGowanOctober 1, 2026
Two people in yellow safety vests look at a while trailer truck.
Cybersecurity
Thieves stole an Nvidia-branded truck filled with just 20,000 pounds of sand—and it points to Big Tech’s $150 million AI hardware theft headache
By Sasha RogelbergOctober 1, 2026
An employee stands behind a counter at a Starbucks coffee shop in Seoul on May 19, 2026.
Economy
8 in 10 Gen Z and millennials have two jobs to make ends meet, Goldman Sachs finds, as the affordability crisis ‘crowds out’ any retirement hopes
By Eleanor PringleOctober 1, 2026
David Amiel, the French Minister of Public Action and Accounts, speaks during a press conference to present the 2027 State Budget, PLF and PLFSS, at the Ministry of Economy and Finance, Bercy, in Paris, France.
Personal Finance
‘We cannot sweep the dust under the carpet’: French national debt is projected to grow to 122% of its GDP, prompting ideas to cancel government bonds
By The Associated Press and Samuel PetrequinOctober 1, 2026
Carter Eslick during his sentencing hearing in Coconino County Superior Court in Flagstaff, Ariz.
Law
‘Full responsibility’: Fraternity pledge master sentenced to jail in hazing death of 18-year-old due to alcohol poisoning
By The Associated PressOctober 1, 2026
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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 victimsplaceholder alt text
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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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