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

3

Wealthy boomers doubt their heirs will keep giving as $124 trillion changes hands, BofA finds. The data shows a different reality

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

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

3

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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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
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
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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
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
By Tatiana SatauaOctober 6, 2026
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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
By Nick LichtenbergOctober 6, 2026
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News
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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
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
MAGAnomics is starting to look uncomfortably like Bidenomics

Trump once called Biden-era inflation a “country-buster” and a “colossal tax on American families.” Now the shoe is on the other foot.

By Nick LichtenbergOctober 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
More in Global
Jon Rahm of Spain drops his club on the 13th hole during the first round of the BMW Championship golf tournament in Virginia Water, England.
‘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
Trillions of ‘ghost particles’ pass through your body every second. The scientist who hunts them just won the Nobel Prize

Francis Halzen turned Antarctic ice into a giant detector for elusive neutrinos, with sensors buried 8,200 feet below the surface.

By Kostya Manenkov, Adithi Ramakrishnan and Stefanie DazioOctober 6, 2026
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Christian Ulbrich says working from the office is ‘core’. Just make sure it is a beautiful place to be as well 
Europe
Christian Ulbrich says working from the office is ‘core’. Just make sure it is a beautiful place to be as well 
By Kamal AhmedOctober 1, 2026
Top CD rates from major banks on October 1, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on October 1, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerOctober 1, 2026
Current price of oil as of Oct. 1, 2026
Personal Finance
Current price of oil as of Oct. 1, 2026
By Joseph HostetlerOctober 1, 2026
A Great Depression-era cost-cutting trick is back: 4-day school weeks have spread to 26 states as fuel prices surge
Future of Work
A Great Depression-era cost-cutting trick is back: 4-day school weeks have spread to 26 states as fuel prices surge
By Muskaan ArshadOctober 1, 2026
The Hewlett Packard Enterprise (HPE) logo is displayed on a smartphone screen with the company's website in the background.
Big Tech
HPE’s $1.2 billion order from Vultr puts its AI networking strategy to the test
By Sheryl EstradaOctober 1, 2026
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Commentary
What Twin Peaks and Coyote vs. Acme teach us about the value of what companies abandon
By Stuart N. BrotmanOctober 1, 2026
AI is consuming human knowledge. It should learn how to pay for it
Commentary
AI is consuming human knowledge. It should learn how to pay for it
By Shlomit WagmanOctober 1, 2026
There’s a pipeline of deals—for pipelines—that will help power the AI boom
Newsletters
There’s a pipeline of deals—for pipelines—that will help power the AI boom
By Jordan BlumOctober 1, 2026
Latina software developer reviewing code with colleague in office
Success
Gen Z is the most likely generation to use AI for learning—but 57% say they struggle to apply what they learn
By Tatiana SatauaOctober 1, 2026
U.S. added 90,000 jobs last month, says ADP—including in manufacturing and construction, where trade bosses say six-figure jobs are sitting empty
Economy
U.S. added 90,000 jobs last month, says ADP—including in manufacturing and construction, where trade bosses say six-figure jobs are sitting empty
By Eleanor PringleOctober 1, 2026
dp
Commentary
McKinsey senior partner: Why AI’s easiest wins are misleading CEOs
By David PralongOctober 1, 2026
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Commentary
Why the media’s whisper campaign about a Goldman Sachs change at the top is misleading gossip, at best
By Jeffrey Sonnenfeld and Steven TianOctober 1, 2026
Photo: Yann LeCun
Newsletters
AI ‘godfather’ Yann LeCun: Anthropic CEO Dario Amodei is ‘deluded,’ ‘crazy,’ and doesn’t understand cybersecurity
By Jim EdwardsOctober 1, 2026
Fortune AIQ Summit
AI
Fortune AIQ Summit livestream (concluded)
By Fortune EditorsOctober 1, 2026
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Commentary
Ken Griffin’s $3 billion gift exemplifies Florida’s new mindset: from attracting innovation to creating it
By Michael SimasOctober 1, 2026
Logo for the 24 hour McDonalds fast food restaurant on 11th July 2026 in London, United Kingdom.
Health
Forget supersized: McDonald’s is exploring an $8.5 billion bet on an American fast food wave led by proteinmaxxing, portion control, and GLP-1s
By Joshua HongOctober 1, 2026
Wilbur Ross was Trump’s first-term tariff hawk. Now he says refunds give importers ‘an extra profit’ and pay them ‘more than the money’ they laid out
Politics
Wilbur Ross was Trump’s first-term tariff hawk. Now he says refunds give importers ‘an extra profit’ and pay them ‘more than the money’ they laid out
By Catherina GioinoOctober 1, 2026
‘We all chip in’: America’s $40 billion private jet boom is taking off, and taxpayers are helping billionaires foot the bill
Travel & Leisure
‘We all chip in’: America’s $40 billion private jet boom is taking off, and taxpayers are helping billionaires foot the bill
By Mia OsmonbekovOctober 1, 2026
Home equity loan and HELOC rates, Oct. 1, 2026
Personal Finance
Home equity loan and HELOC rates, Oct. 1, 2026
By Joseph HostetlerOctober 1, 2026
DataSnipper CEO Vidya Peters
AI
The unicorn CEO betting her industry’s AI crisis isn’t the one you think
By Nick LichtenbergOctober 1, 2026
AI ‘godfather’ Yann LeCun has ‘zero concerns’ about human extinction, says Anthropic CEO Dario Amodei is ‘deluded’
AI
AI ‘godfather’ Yann LeCun has ‘zero concerns’ about human extinction, says Anthropic CEO Dario Amodei is ‘deluded’
By Emily ForliniOctober 1, 2026
The real story behind Red Lobster’s $20 Ultimate Endless Shrimp fiasco: How an American seafood icon lost its way
Magazine
The real story behind Red Lobster’s $20 Ultimate Endless Shrimp fiasco: How an American seafood icon lost its way
By Nick LichtenbergOctober 1, 2026
John Waldron is ‘one of the most non–Wall Street people’ you’ve ever met—but he’s in line to be the next CEO of Goldman Sachs
Banking
John Waldron is ‘one of the most non–Wall Street people’ you’ve ever met—but he’s in line to be the next CEO of Goldman Sachs
By Morgan ChittumOctober 1, 2026
Visa and Mastercard handle nearly half of Europe’s card payments. The digital euro aims to change that
Magazine
Visa and Mastercard handle nearly half of Europe’s card payments. The digital euro aims to change that
By Sam BirchallOctober 1, 2026
A TSA officer, with one arm crossed over his body, looks into the camera.
Politics
Trump removes chairs for TSA agents, saying they ‘must meet fitness for duty requirements’
By Sasha RogelbergOctober 1, 2026
Edward Jones CEO Penny Pennington on 'giving while living'
Personal Finance
‘Giving while living’ has become a popular trend for passing on family wealth, says head of Edward Jones
By Jeff John RobertsOctober 1, 2026
SpaceX CEO Elon Musk on a remote screen
Investing
Investors thought they were buying pre-IPO OpenAI and SpaceX shares. Their cash went to strip clubs, Bloomingdale’s, and shopping on Amazon, SEC alleges
By Amanda GerutSeptember 30, 2026
f
Future of Work
Ford’s Jim Farley: many jobs ‘are definitely going to be changed and eliminated’ but blue-collar trades will use AI as a ‘companion’
By Nick LichtenbergSeptember 30, 2026
Compare current mortgage rates
Personal Finance
Compare current mortgage rates
By Glen Luke FlanaganSeptember 30, 2026
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Future of Work
‘This revolution is happening in years, not decades’: Verizon CEO Dan Schulman sees AGI within 18 months—and a century of progress in a decade
By Nick LichtenbergSeptember 30, 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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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
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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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