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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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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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Did Mark Zuckerberg’s yacht ignore a request for help? He claims he just didn’t hear
By The Associated PressAugust 10, 2026
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C-Suite
Boards are expanding the CFO’s mandate—with COO duties increasingly in the mix
By Sheryl EstradaAugust 10, 2026
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Environment
427 cases going back 50 years show monkeys keep pets, too — shedding a light on the origins of animal friendship
By Cyril Grueter and The ConversationAugust 10, 2026
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Retail
Gen Z got into repairing and handstitching clothes first — now Levi’s and Uniqlo are chasing a Patagonia-style ‘brand halo’
By The Associated Press and Anne D'InnocenzioAugust 10, 2026
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MPW
AOC’s big weekend announcement isn’t a run for president (yet) — it’s about freezing her eggs at 36 years old
By Bill Barrow and The Associated PressAugust 10, 2026
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Asia
Iran says it will reopen Straight of Hormuz — as soon as the U.S. makes ‘amends’
By The Associated PressAugust 10, 2026
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Asia
‘I still miss him’: Millions of Chinese suddenly bereft as Beijing deletes their AI boyfriends overnight
By Fu Ting and The Associated PressAugust 10, 2026
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Arts & Entertainment
Spider-Man’s blistering pace puts Hollywood on course for second $4 billion summer since the pandemic
By Jake Coyle and The Associated PressAugust 10, 2026
$400K salaries and a direct line to the CEO: Why chief of staff roles can be a C-suite springboard
C-Suite
$400K salaries and a direct line to the CEO: Why chief of staff roles can be a C-suite springboard
By Ruth UmohAugust 10, 2026
Top CD rates from major banks Aug. 10, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on August 10, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerAugust 10, 2026
Current price of Bitcoin for August 10, 2026
Personal Finance
Current price of Bitcoin for August 10, 2026
By Joseph HostetlerAugust 10, 2026
Current price of Ethereum for August 10, 2026
Personal Finance
Current price of Ethereum for August 10, 2026
By Joseph HostetlerAugust 10, 2026
gas
Commentary
The Jersey Pump Principle: why AI’s trillion-dollar bet could stall like a 1949 gas pump law
By Jason DresselAugust 10, 2026
sh
Commentary
JB Hunt CEO: What 65 years of freight tells us about building for the future
By Shelley SimpsonAugust 10, 2026
Current price of oil as of August 10, 2026
Personal Finance
Current price of oil as of August 10, 2026
By Joseph HostetlerAugust 10, 2026
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Newsletters
Your résumé looks like a perfect match. Hiring managers may see that as a red flag
By Kristin StollerAugust 10, 2026
Fidji Simo on her life after OpenAI and new startup, ChronicleBio
Newsletters
Fidji Simo on her life after OpenAI and new startup, ChronicleBio
By Emily ForliniAugust 10, 2026
Bitcoin coins
Newsletters
Why the latest Bitcoin hack hurt more than most
By Jeff John RobertsAugust 10, 2026
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Success
Jamie Dimon says Gen Z is wrong to give up on the American Dream—but admits it’s dying for the bottom 20% of households
By Eleanor PringleAugust 10, 2026
Photo: Demis Hassabis
Newsletters
Inside the drama at DeepMind as Demis Hassabis gives up the CEO title to become chairman
By Jim EdwardsAugust 10, 2026
How stalled models, missed deadlines, and staff burnout led to the unraveling of Google’s DeepMind
AI
How stalled models, missed deadlines, and staff burnout led to the unraveling of Google’s DeepMind
By Beatrice NolanAugust 10, 2026
verna
Commentary
My $80,000 in student debt changed the next 10 years of my life — and that was in 1988. Imagine what it’s like now
By Verna L. WilliamsAugust 10, 2026
Today’s home equity loan and HELOC rates, Aug. 10, 2026
Personal Finance
Home equity loan and HELOC rates, August 10, 2026
By Joseph HostetlerAugust 10, 2026
Larry Ellison
AI
Top economist warns that the AI math doesn’t make sense: ‘Profits are currently being funded by investors rather than earned from customers’
By Sasha RogelbergAugust 10, 2026
Photo of Trump pointing to Xi Jinping
AI
Forget DeepSeek. China’s real ‘Sputnik moment’ is happening on campus as American universities lose their advantage
By Mia OsmonbekovAugust 10, 2026
An airline had to cancel a flight and rebook passengers for the next day because a child refused to sit down and buckle up
Travel & Leisure
An airline had to cancel a flight and rebook passengers for the next day because a child refused to sit down and buckle up
By The Associated PressAugust 9, 2026
Trump’s new White House counsel headed the commission that secured his $400 million ballroom project
Politics
Trump’s new White House counsel headed the commission that secured his $400 million ballroom project
By The Associated PressAugust 9, 2026
By propping up the yen, the U.S. and Japan are actually admitting dollar dominance isn’t what it used to be, top economist warns
Economy
By propping up the yen, the U.S. and Japan are actually admitting dollar dominance isn’t what it used to be, top economist warns
By Jason MaAugust 9, 2026
More GOP senators call for Miller to quit over abuse allegations
North America
More GOP senators call for Miller to quit over abuse allegations
By Max Rivera and BloombergAugust 9, 2026
Flesh-eating bacteria infections are surging along the Gulf Coast with five deaths reported in Louisiana
Health
Flesh-eating bacteria infections are surging along the Gulf Coast with five deaths reported in Louisiana
By The Associated PressAugust 9, 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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