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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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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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Is it better to pay off your mortgage early or invest?
Personal Finance
Is it better to pay off your mortgage early or invest?
By Joseph HostetlerAugust 17, 2026
d
Politics
Florida gerrymandering puts Debbie Wasserman Schultz in awkward position of running to represent 42% Black district
By Bill Barrow and The Associated PressAugust 17, 2026
Tether has the gold. Now, CEO Paolo Ardoino is making a bold push into AI
Newsletters
Tether has the gold. Now, CEO Paolo Ardoino is making a bold push into AI
By Jeff John RobertsAugust 17, 2026
Wispr talks its way to a $2 billion valuation. The company says dictation’s only the beginning
Newsletters
Wispr talks its way to a $2 billion valuation. The company says dictation’s only the beginning
By Allie GarfinkleAugust 17, 2026
Photo: Aboard the USS George Washington
Newsletters
Trump shrinks South Korea war games, citing ‘very good relationship’ with Kim Jong Un
By Jim EdwardsAugust 17, 2026
Top CD rates from major banks Aug. 17, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on August 17, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerAugust 17, 2026
Current price of Ethereum for Aug. 17, 2026
Personal Finance
Current price of Ethereum for August 17, 2026
By Joseph HostetlerAugust 17, 2026
Current price of Bitcoin for Aug. 17, 2026
Personal Finance
Current price of Bitcoin for August 17, 2026
By Joseph HostetlerAugust 17, 2026
Current price of oil as of Aug. 17, 2026
Personal Finance
Current price of oil as of August 17, 2026
By Joseph HostetlerAugust 17, 2026
Photo of Dylan Taylor
Success
Billionaire founder agrees with Elon Musk, Sam Altman, and Jeff Bezos: We will live and work in space—and could be commuting to the moon by 2030
By Orianna Rosa RoyleAugust 17, 2026
Home equity loan and HELOC rates: Aug. 17, 2026
Personal Finance
Home equity loan and HELOC rates, August 17, 2026
By Joseph HostetlerAugust 17, 2026
Blanche defends reflecting pool prosecutor who angered Trump
Politics
Blanche defends reflecting pool prosecutor who angered Trump
By Tony Czuczka and BloombergAugust 16, 2026
US probe on Mark Walter focused on four intermediaries, WSJ says
Investing
US probe on Mark Walter focused on four intermediaries, WSJ says
By Se Young Lee and BloombergAugust 16, 2026
Skyrocketing beef prices finally have Americans reaching their spending limit
Retail
Skyrocketing beef prices finally have Americans reaching their spending limit
By Ilena Peng and BloombergAugust 16, 2026
Dimon warns UK’s Healey against raising taxes on banks, FT says
Economy
Dimon warns UK’s Healey against raising taxes on banks, FT says
By Tony Czuczka and BloombergAugust 16, 2026
Stripe clinches over $7 billion deal to buy AI firm OpenRouter
AI
Stripe clinches over $7 billion deal to buy AI firm OpenRouter
By Yazhou Sun, Natasha Mascarenhas, Paige Smith and BloombergAugust 16, 2026
BBC asks U.S. court to help get testimony from Ivanka Trump, Jared Kushner and Don Jr., saying they have ‘personal knowledge’ on defamation claims
Law
BBC asks U.S. court to help get testimony from Ivanka Trump, Jared Kushner and Don Jr., saying they have ‘personal knowledge’ on defamation claims
By Sylvia Hui and The Associated PressAugust 16, 2026
U.S. to trim military exercises with South Korea after Trump says Seoul declined to help on Iran while the North is ‘unthreatening and respectful’
Asia
U.S. to trim military exercises with South Korea after Trump says Seoul declined to help on Iran while the North is ‘unthreatening and respectful’
By The Associated PressAugust 16, 2026
Dario Amodei admits AI suffers from a crisis of trust, saying people worry companies or governments are ‘cooking up some new way to screw them over’
AI
Dario Amodei admits AI suffers from a crisis of trust, saying people worry companies or governments are ‘cooking up some new way to screw them over’
By Jason MaAugust 16, 2026
Owning the Lakers would provide billionaire investor Joshua Kushner with an iconic sports franchise — and a ‘powerful tax shield’
Investing
Owning the Lakers would provide billionaire investor Joshua Kushner with an iconic sports franchise — and a ‘powerful tax shield’
By Jason MaAugust 16, 2026
Iran’s oil is trapped while rivals’ exports from the Persian Gulf are poised to surge, but Tehran could do whatever it takes to break the choke hold
Middle East
Iran’s oil is trapped while rivals’ exports from the Persian Gulf are poised to surge, but Tehran could do whatever it takes to break the choke hold
By Jason MaAugust 16, 2026
Covert mideast oil flows are keeping global prices in check
Energy
Covert mideast oil flows are keeping global prices in check
By Alex Longley, Anthony Di Paola, Grant Smith, Weilun Soon and BloombergAugust 16, 2026
Avocado pickers in Mexico restart exports as security alert is lifted but are ‘at the mercy of whatever the U.S. market and government decide’
North America
Avocado pickers in Mexico restart exports as security alert is lifted but are ‘at the mercy of whatever the U.S. market and government decide’
By María Verza, Armando Solis and The Associated PressAugust 16, 2026
‘It was like a godsend’ —GLP-1 drugs show promise against hormonal disorder that causes constant weight gain and forces women to shave facial hair
Health
‘It was like a godsend’ —GLP-1 drugs show promise against hormonal disorder that causes constant weight gain and forces women to shave facial hair
By Laura Ungar and The Associated PressAugust 16, 2026
Berkshire Hathaway buys more homebuilder stocks but slashes stakes in banks and dumps all its holdings in alcoholic beverage maker
Investing
Berkshire Hathaway buys more homebuilder stocks but slashes stakes in banks and dumps all its holdings in alcoholic beverage maker
By Alex Veiga and The Associated PressAugust 16, 2026
Earnings from Walmart and other top retailers will give investors more clues on the housing market and how consumers are grappling with inflation
Retail
Earnings from Walmart and other top retailers will give investors more clues on the housing market and how consumers are grappling with inflation
By The Associated PressAugust 16, 2026
Centcom chief calls carrier’s mission ‘one of the most operationally intense and consequential of the modern era’ amid mental health and supply issues
Politics
Centcom chief calls carrier’s mission ‘one of the most operationally intense and consequential of the modern era’ amid mental health and supply issues
By The Associated PressAugust 16, 2026
Photo of Geoffrey Hinton
Success
‘Godfather of AI’ says billionaires like Elon Musk are right about the future of work—but he predicts mass unemployment is on its way
By Preston ForeAugust 16, 2026
Jeffrey Sprecher, President and Founder, CEO of Intercontinental Exchange
Success
Meet the self-made billionaire who bought a nearly bankrupt company off Warren Buffett for $1,000 and turned it into a $85 billion giant
By Emma BurleighAugust 16, 2026
h
Commentary
ActivTrak CEO: What 120,620 workers reveal about AI maturity
By Heidi FarrisAugust 16, 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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