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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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Innovation
‘Pure insanity’—Elon Musk details SpaceX’s plan to turn the moon into its newest manufacturing site
By Amanda GerutAugust 6, 2026
U.S. puts $25 million bounty on new leader of Mexico’s most powerful cartel
North America
U.S. puts $25 million bounty on new leader of Mexico’s most powerful cartel
By Megan Janetsky and The Associated PressAugust 6, 2026
Should your business upgrade to QuickBooks Online from basic spreadsheets?
Personal Finance
Should your business upgrade to QuickBooks Online from basic spreadsheets?
By Joseph HostetlerAugust 6, 2026
Singapore’s IPO reboot sees 3.5x the listings and over $3 billion raised, as reforms bring bourse revenue up 14%
Investing
Singapore’s IPO reboot sees 3.5x the listings and over $3 billion raised, as reforms bring bourse revenue up 14%
By Angelica AngAugust 6, 2026
3 Best Red Light Therapy Products for Hair Growth of 2026: Team Tested and Approved
Health
3 Best Red Light Therapy Products for Hair Growth of 2026: Team Tested and Approved
By Christina SnyderAugust 6, 2026
shark
Environment
Climate change is making Cape Cod a Tiger Shark habitat
By Patrick Whittle and The Associated PressAugust 6, 2026
italy
Environment
Every major Italian city is on heat alert as the drought hits Hungary’s nuclear power
By Giada Zampano, Kirsten Grieshaber, Justin Spike and The Associated PressAugust 6, 2026
Michael Saylor,
Success
Crypto billionaire Michael Saylor says he made $15 billion last year with ChatGPT—and has one rule: ‘Don’t try to outwork the robots’
By Preston ForeAugust 6, 2026
RWE’s $1.22B exit marks the latest in Trump’s billion-dollar offshore wind buyouts—now topping $3B to redirect developers to fossil fuels
Energy
RWE’s $1.22B exit marks the latest in Trump’s billion-dollar offshore wind buyouts—now topping $3B to redirect developers to fossil fuels
By Jordan BlumAugust 6, 2026
Are you committing tax fraud? New York Gov. Kathy Hochul’s about to find out, all thanks to the pied-à-terre tax rollout
Real Estate
Are you committing tax fraud? New York Gov. Kathy Hochul’s about to find out, all thanks to the pied-à-terre tax rollout
By Catherina GioinoAugust 6, 2026
Boss sits with worker to discuss raise at office
Success
Over a third of employers handed out ‘peanut butter raises’ this year—now, a quarter of bosses admit they’re losing top talent because of bad pay
By Emma BurleighAugust 6, 2026
heat
Environment
Climate-change life means 74-year-old retirees wake up hours earlier to beat the heat: ‘As soon as you walk outside, you’re already sweating’
By Alexa St. John, Linley Sanders and The Associated PressAugust 6, 2026
s
Startups & Venture
SoftBank profits drop 18%, stock falls 4% in Tokyo
By Yuri Kageyama and The Associated PressAugust 6, 2026
FIFA apologizes for failed Infantino bid to sell the World Cup to Trump’s in-laws, but throws ‘full support’ behind his continued presidency
C-Suite
FIFA apologizes for failed Infantino bid to sell the World Cup to Trump’s in-laws, but throws ‘full support’ behind his continued presidency
By James Robson and The Associated PressAugust 6, 2026
n
Arts & Entertainment
Nintendo profit surges over 50% on movie, console sales even as sales fall
By Yuri Kageyama and The Associated PressAugust 6, 2026
Computer science enrollment is plunging, but AI is taking over the rest of the college campus as it reshapes how students learn and work
AI
Computer science enrollment is plunging, but AI is taking over the rest of the college campus as it reshapes how students learn and work
By Marco Quiroz-GutierrezAugust 6, 2026
w
Politics
After Michigan, the Democratic Party’s Civil War moves next door to Wisconsin
By Scott Bauer and The Associated PressAugust 6, 2026
f
Politics
Senate panel to vote on Fauci contempt claim, whether to refer to DOJ for prosecution
By Eric Tucker and The Associated PressAugust 6, 2026
Bernie Sanders hails Michigan result as ‘most extraordinary victory that I can think of in modern American politics’
Politics
Bernie Sanders hails Michigan result as ‘most extraordinary victory that I can think of in modern American politics’
By Joey Cappelletti and The Associated PressAugust 6, 2026
a
North America
America’s appetite for avocados threatened as $5 million capture of ‘El Poncho’ threatens $3.65 billion market
By María Verza and The Associated PressAugust 6, 2026
madag
Environment
One of the world’s poorest countries spent $170 million on a cable car system that nobody uses, just before the president fled the country
By Alexander Joe and The Associated PressAugust 6, 2026
Iceberg lettuce link to parasitic illness spreads to 15 states, officials say
Health
Iceberg lettuce link to parasitic illness spreads to 15 states, officials say
By Mike Stobbe and The Associated PressAugust 6, 2026
Photo of people protesting data centers in Texas
AI
AI’s volatile power demand is damaging its own data centers
By Bloomberg and Naureen S. MalikAugust 6, 2026
Photo of Pete Hegseth at press conference
Economy
Pentagon war game exposed a critical U.S. aluminum risk months before Iran attacks
By Bloomberg and Yvonne Yue LiAugust 6, 2026
h
Environment
A Slovak town just broke its own heat record — for the third time this year
By The Associated PressAugust 6, 2026
bj
Environment
Meet an 86-year-old logger-turned-protester fighting to protect British Columbia’s final old growth trees: ‘it’s practically naked’
By Annika Hammerschlag and The Associated PressAugust 6, 2026
g
Politics
Elizabeth Warren demands answers on the National Guard deployment, and finds the cost: $1.4 billion
By Gary Fields, Lisa Mascaro and The Associated PressAugust 6, 2026
mamdani
Retail
Mamdani rejects his own aide’s comment that ID card may be needed for NYC-owned grocery: ‘no matter what you’ve just heard in the news’
By Melissa Goldin and The Associated PressAugust 6, 2026
In this photo illustration, the Lumen Technologies logo is seen displayed on a smartphone screen.
AI
Lumen reinvents itself as the fiber network behind AI and enterprise—from Anthropic to the Yankees
By Sheryl EstradaAugust 6, 2026
Weight-loss drug Wegovy made Novo Nordisk Europe’s most valuable company. Finding its next blockbuster drug is proving difficult 
Europe
Weight-loss drug Wegovy made Novo Nordisk Europe’s most valuable company. Finding its next blockbuster drug is proving difficult 
By Sam ForsdickAugust 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
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Current price of oil as of October 6, 2026placeholder alt text
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