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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
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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
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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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alaska
Politics
Murkowski defies Trump, says she will oppose Blanche’s nomination as Attorney General
By Bill Barrow, Alanna Durkin Richer and The Associated PressAugust 7, 2026
cuba
Energy
Trump’s blockade of Cuba has created an upside-down world with 20-minute spurts of electricity access
By Andrea Rodriguez and The Associated PressAugust 7, 2026
t
North America
Trump’s grass obsession leads to White House summit with Scotts Miracle-Gro: ‘An amazing dialogue, talking grass for half an hour’
By Will Weissert and The Associated PressAugust 7, 2026
job
Success
The suit rule is dead. Researching your interviewer isn’t
By Cathy Bussewitz and The Associated PressAugust 7, 2026
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Retail
Kellogg to cut all artificial colors from its cereals by end of 2026, a year ahead of schedule
By Dee-Ann Durbin and The Associated PressAugust 7, 2026
lisa
Commentary
AI’s new millionaires want to disrupt philanthropy. They should fund what already exists
By Max Simkoff and Lisa Countryman-QuirozAugust 7, 2026
t
Environment
Trump hates offshore wind so much that he’s using taxpayer money for billion-dollar settlements to kill projects
By Jennifer McDermott and The Associated PressAugust 7, 2026
r
Law
Fauci contempt vote opens door to DOJ prosecution — and a precedent for witnesses to refuse to even show up in the future
By Eric Tucker and The Associated PressAugust 7, 2026
jobs
Economy
Another month, another likely 100,000 jobs print, another mark of diminished expectations in the retiring boomer labor market
By Paul Wiseman and The Associated PressAugust 7, 2026
ConocoPhillips’ Andy O’Brien steps up from CFO to CEO—the latest sign finance chiefs are winning more top jobs
C-Suite
ConocoPhillips’ Andy O’Brien steps up from CFO to CEO—the latest sign finance chiefs are winning more top jobs
By Sheryl EstradaAugust 7, 2026
‘Going rogue’: Is it time to stop talking about faulty AI frontier models as if they are people?  
Europe
‘Going rogue’: Is it time to stop talking about faulty AI frontier models as if they are people?  
By Kamal AhmedAugust 7, 2026
ravin
Commentary
Your future workforce already works for you
By Ravin JesuthasanAugust 7, 2026
In AI-obsessed Silicon Valley, live commerce platform Whatnot just notched a new funding round valuing it at $20 billion
Newsletters
In AI-obsessed Silicon Valley, live commerce platform Whatnot just notched a new funding round valuing it at $20 billion
By Allie GarfinkleAugust 7, 2026
Ben Cohen speaking at SXSW London 2026, wearing a "Yo Magnum, Free Ben & Jerry's" button on his shirt pocket.
C-Suite
‘They ain’t got no soul’: How a Ben & Jerry’s cofounder became his own company’s biggest critic 
By Sam BirchallAugust 7, 2026
OpenAI’s new device is reportedly a $300 portable donut that watches you
Newsletters
OpenAI’s new device is reportedly a $300 portable donut that watches you
By Jim EdwardsAugust 7, 2026
Top CD rates from major banks Aug. 7, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on August 7, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerAugust 7, 2026
Current price of Bitcoin for Aug. 7, 2026
Personal Finance
Current price of Bitcoin for August 7, 2026
By Joseph HostetlerAugust 7, 2026
Current price of Ethereum for Aug. 7, 2026
Personal Finance
Current price of Ethereum for August 7, 2026
By Joseph HostetlerAugust 7, 2026
b
Commentary
AI will get cheaper. Enterprise AI bills probably won’t
By Bryan MurphyAugust 7, 2026
Current price of oil as of Aug. 7, 2026
Personal Finance
Current price of oil as of August 7, 2026
By Joseph HostetlerAugust 7, 2026
Today’s home equity loan and HELOC rates, Aug. 7, 2026
Personal Finance
Home equity loan and HELOC rates, August 7, 2026
By Joseph HostetlerAugust 7, 2026
schlomo
Commentary
The godfather of Israeli cybersecurity: The Hugging Face incident exposes the wrong AI security debate
By Shlomo KramerAugust 7, 2026
For every 10 jobs, there are 2,539 applicants. A top hiring platform’s CEO has a solution to the job hunt hell: ‘Don’t just apply to OpenAI’
Success
For every 10 jobs, there are 2,539 applicants. A top hiring platform’s CEO has a solution to the job hunt hell: ‘Don’t just apply to OpenAI’
By Orianna Rosa RoyleAugust 7, 2026
Asia needs deeper energy markets if it’s going to achieve its AI ambitions
Commentary
Asia needs deeper energy markets if it’s going to achieve its AI ambitions
By Guy WolfAugust 6, 2026
93% of jalapeno salmonella problems came from Mexican restaurants including Chipotle and Qdoba, officials say
North America
93% of jalapeno salmonella problems came from Mexican restaurants including Chipotle and Qdoba, officials say
By Mike Stobbe and The Associated PressAugust 6, 2026
Donald Trump walking.
Newsletters
Washington is keeping its AI rulebook private. Smaller AI labs aren’t happy.
By Beatrice NolanAugust 6, 2026
Wall Street sign inscription as seen on the road and buildings of Wall St with the entrance of New York Stock Exchange in the background.
North America
Major hedge funds targeted in wave of attempted cyberattacks
By Bloomberg, Hema Parmar, Katherine Burton and Sridhar NatarajanAugust 6, 2026
OpenAI agents passed secret notes for months leading up to Hugging Face hack
AI
OpenAI agents passed secret notes for months leading up to Hugging Face hack
By Emily ForliniAugust 6, 2026
We’re ‘me-maxxing’ so much, we’re saying 30% fewer words a day than we did 20 years ago
Success
We’re ‘me-maxxing’ so much, we’re saying 30% fewer words a day than we did 20 years ago
By Catherina GioinoAugust 6, 2026
Photo of Meta AI logo
AI
Meta becomes third major AI lab after Anthropic and OpenAI to admit its agents have gone rogue—one day after Muse Code launch
By Mia OsmonbekovAugust 6, 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
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Current price of oil as of October 6, 2026placeholder alt text
By Joseph HostetlerOctober 6, 2026
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