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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

3

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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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
ds
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
Sweetgreen cofounder Nic Jammet said growing up in his parents' famous restaurant helped foster and guide him in the restaurant industry.
Retail
‘Never waste a crisis’: A salad thief stole the Sweetgreen cofounders’ recipes a week before they opened their first restaurant
By Catherina GioinoSeptember 30, 2026
A woman in the park holds a cigarette in each hand and exhales a puff of smoke.
Health
Vaping was supposed to get people off smoking. Now e-cig users are switching to cigarettes to try to quit
By Sasha RogelbergSeptember 30, 2026
b
Success
‘It’s crazy they invented it’: Nate Bargatze on the bright future of skilled trades, the urgency of live experience, and the coming of AI
By Nick LichtenbergSeptember 30, 2026
Best VA home loan lenders in 2026
Personal Finance
Best VA home loan lenders in 2026
By Glen Luke FlanaganSeptember 30, 2026
The Best Anti-Aging Eye Creams in 2026: For Mature Skin and Wrinkles
Health
The Best Anti-Aging Eye Creams in 2026: For Mature Skin and Wrinkles
By Christina SnyderSeptember 30, 2026
r
Future of Work
Mike Rowe on America’s great tradesperson shortage: ‘I don’t care what your politics are. Math doesn’t care, either’
By Nick LichtenbergSeptember 30, 2026
Illustration of AI agents.
Crypto
Cloudflare just announced a tool that lets businesses charge AI agents in stablecoins
By Camila Grigera NaónSeptember 30, 2026
How AI is becoming Hollywood’s newest star, changing work on and off camera
Newsletters
How AI is becoming Hollywood’s newest star, changing work on and off camera
By John KellSeptember 30, 2026
9 factors affecting small business insurance premiums
Personal Finance
9 factors affecting small business insurance premiums
By Joseph HostetlerSeptember 30, 2026
Ken Griffin doubles down on Miami with a record $3 billion gift to Carnegie Mellon—and plans for a campus in the city Citadel now calls home
Success
Ken Griffin doubles down on Miami with a record $3 billion gift to Carnegie Mellon—and plans for a campus in the city Citadel now calls home
By Sydney LakeSeptember 30, 2026
chelle
Success
‘We value the skill, but maybe not for my child’: The stigma against blue-collar jobs, laid bare
By Nick LichtenbergSeptember 30, 2026
A Coherent manufacturing facility in Sherman, Texas.
Economy
‘The economy is increasingly reliant on AI gains’: U.S. GDP grew 2.2% amid ‘sudden reversal of optimism’ on AI tech
By The Associated Press and Paul WisemanSeptember 30, 2026
Top CD rates from major banks on Sept. 30, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on Sept. 30, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerSeptember 30, 2026
bg
AI
‘A billion deaths’: Bill Gates warns about AI in the wrong hands, saying a kill switch and self-regulation won’t be enough
By Mia OsmonbekovSeptember 30, 2026
Current price of Ethereum for Sept. 30, 2026
Personal Finance
Current price of Ethereum for Sept. 30, 2026
By Joseph HostetlerSeptember 30, 2026
Linda Hubbard
Success
Carhartt CEO warns schools are steering Gen Z students away from a lucrative career path: Skilled trades can pay 32% more
By Preston ForeSeptember 30, 2026
LinkedIn CEO Dan Shapero
Success
LinkedIn CEO says that job seekers are sending out 30% more applications than pre-pandemic—and it’s harder to ‘know who can actually do the job’
By Emma BurleighSeptember 30, 2026
Ethiopian Prime Minister Abiy Ahmed Ali, Nigerian Industrialist Aliko Dangote and Kenya's President William Ruto launch the Dangote East Africa Petroleum Refinery in Lamu County, Kenya.
Energy
A $16 billion oil refinery is coming to East Africa with capacity for 700,000 barrels a day
By Evelyne Musambi and The Associated PressSeptember 30, 2026
Claude Monet's 'Le Jardin des Tuileries' is displayed during a preview of the Blaquier-Arrieta Collection, a group of twelve Impressionist and Modern works which have been largely unseen for half a century, at Sotheby's in London.
Arts & Entertainment
‘The stuff of legend’: Unseen works of van Gogh and Cézanne from a private collection are going up for auction at $450 million
By The Associated Press and Jill LawlessSeptember 30, 2026
Wilbur Ross says New York’s pied-à-terre tax targets people who ‘can’t retaliate at the ballot box’
Politics
Wilbur Ross says New York’s pied-à-terre tax targets people who ‘can’t retaliate at the ballot box’
By Catherina GioinoSeptember 30, 2026
jf
Environment
Ford’s Jim Farley says Gen Z needs its own ‘Smokey Bear’ moment for the forest fire of AI paranoia, the jobs apocalypse and the skilled trades
By Nick LichtenbergSeptember 30, 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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