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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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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
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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
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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Arts & Entertainment
60 Minutes hires new lineup including Ross Douthat, Norah O’Donnell
By Jocelyn Noveck and The Associated PressJuly 29, 2026
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North America
White House teleprompter operator accused of cashing in on Kalshi no longer works for government, official says
By Aamer Madhani and The Associated PressJuly 29, 2026
Nnamdi Iregbulem is a partner at Lightspeed Venture Partners
Commentary
Button-mashing never worked in StarCraft. Tokenmaxxing won’t work in AI
By Nnamdi IregbulemJuly 29, 2026
Computer language, Token is the basic unit of AI large models
AI
CFOs are hitting a ‘cost wall’ on AI
By Sheryl EstradaJuly 29, 2026
Daniel Nadler wears a black shirt, smiles, and speaks into an earpiece microphone
AI
A new medical AI study found the same flaw in OpenEvidence, OpenAI, Anthropic, and Doximity
By Lily Mae LazarusJuly 29, 2026
Sisters sitting on a porch
Economy
Hard work isn’t enough to achieve the American Dream anymore, says Wharton professor. Welcome to the ‘Great Postponement’
By Eleanor PringleJuly 29, 2026
Sam Altman walking
AI
The runaway OpenAI models that hacked Hugging Face also breached a customer at a second tech company during a weeklong spree
By Beatrice NolanJuly 29, 2026
orla
Commentary
The Benefits Activation Gap: what claims data teaches us about employee engagement
By Orla NixonJuly 29, 2026
Insiders knew advanced AI models would escape the lab and wreak havoc, former OpenAI board member confesses
Newsletters
Insiders knew advanced AI models would escape the lab and wreak havoc, former OpenAI board member confesses
By Jim EdwardsJuly 29, 2026
Top CD rates from major banks July 29, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on July 29, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJuly 29, 2026
Current price of Bitcoin for July 29, 2026
Personal Finance
Current price of Bitcoin for July 29, 2026
By Joseph HostetlerJuly 29, 2026
Current price of Ethereum for July 29, 2026
Personal Finance
Current price of Ethereum for July 29, 2026
By Joseph HostetlerJuly 29, 2026
Current price of oil as of July 29, 2026
Personal Finance
Current price of oil as of July 29, 2026
By Joseph HostetlerJuly 29, 2026
td
Health
‘It is okay not to be okay’: NFL legend Terrell Davis joins growing roster of athletes partnering with big pharma to raise health awareness
By Joshua HongJuly 29, 2026
Jamie Dimon says his stockbroker father taught him to invest with a ‘brutally hard’ childhood game
C-Suite
Jamie Dimon says his stockbroker father taught him to invest with a ‘brutally hard’ childhood game
By Sarah GlodekJuly 29, 2026
Elon Musk
Big Tech
Elon Musk said money doesn’t matter. Then he rolled out X Money and admitted he’s a ‘former trillionaire’
By Catherina GioinoJuly 29, 2026
Gen Z workers are sneaking out of the office to nap and cry—anywhere secluded away from the desk will do, including Zara’s fitting room
Success
Gen Z workers are sneaking out of the office to nap and cry—anywhere secluded away from the desk will do, including Zara’s fitting room
By Orianna Rosa RoyleJuly 29, 2026
js
Success
‘We’re on top of every restock’: This 24-year-old has made over $4 million off his subscription-based reselling community
By Joshua HongJuly 29, 2026
henrik
Commentary
I was Spotify’s first analytics lead. Here is what VCs get wrong about data
By Henrik LandgrenJuly 29, 2026
Trump broke his promise to lower—and eliminate—the national debt. A top investor thinks he’s the ‘worst-spending president in history’
Economy
Trump broke his promise to lower—and eliminate—the national debt. A top investor thinks he’s the ‘worst-spending president in history’
By Marco Quiroz-GutierrezJuly 29, 2026
FIFA’s plan to raise billions from investors is sparking a backlash: One insider says Europe is angry as it could change soccer’s balance of power
Startups & Venture
FIFA’s plan to raise billions from investors is sparking a backlash: One insider says Europe is angry as it could change soccer’s balance of power
By Allie GarfinkleJuly 28, 2026
Photo of Zelenskyy before the funeral service
North America
Zelenskyy visits White House as Trump admits, ‘Lindsey liked war, to be honest with you’
By The Associated Press and Seung Min KimJuly 28, 2026
Photo of former CEO David Wenig
Law
eBay will pay nearly $50 million after employees reportedly sent a Massachusetts couple a bloody pig mask, cockroaches and death threats
By The Associated Press and Leah WillinghamJuly 28, 2026
TSMC and Tencent break into the top 100 of the Fortune Global 500 list, as Asia rides the AI boom
Asia
TSMC and Tencent break into the top 100 of the Fortune Global 500 list, as Asia rides the AI boom
By Angelica AngJuly 28, 2026
t
North America
Netanyahu hails ‘excellent’ White House visit. Trump says he ‘wants me to stay involved’
By Erin Cunningham, Michelle L. Price, Farnoush Amiri and The Associated PressJuly 28, 2026
Nvidia’s Jensen Huang says AI is killing tasks not jobs—and the white-collar bloodbath narrative gets the future of work ‘exactly backwards’
Future of Work
Nvidia’s Jensen Huang says AI is killing tasks not jobs—and the white-collar bloodbath narrative gets the future of work ‘exactly backwards’
By Marco Quiroz-GutierrezJuly 28, 2026
Coinbase and Robinhood are in a heated battle rivalry—and this week’s Q2 earnings will show who has the edge
Crypto
Coinbase and Robinhood are in a heated battle rivalry—and this week’s Q2 earnings will show who has the edge
By Jeff John RobertsJuly 28, 2026
Photo of Trump and Xi Jinping
Politics
Trump administration weighs spending nearly half a billion to counter China’s global influence after DOGE cuts halted some initiatives
By The Associated Press and Matthew LeeJuly 28, 2026
Traders work on the floor of the New York Stock Exchange (NYSE) on July 24, 2026 in New York.
Big Tech
‘A lot of panic around the AI investment’: How a chip slump is driving the Nasdaq toward correction 
By Eva RoytburgJuly 28, 2026
Top AI companies say they want Chinese models to stay available. Is it genuine?
Newsletters
Top AI companies say they want Chinese models to stay available. Is it genuine?
By Emily ForliniJuly 28, 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
By Catherina GioinoOctober 5, 2026
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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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Current price of oil as of October 6, 2026placeholder alt text
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