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Bill Gates believes a billionaire's tax is the only option in the age of AI—and 'whatever's left over' can be used as a philanthropic safety net

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Voters in Silicon Valley rejected the billionaire wealth tax while those in Los Angeles and San Francisco—home to the two top AI companies—wanted it

3

‘Pick another protein’: A cattle rancher senator’s answer on beef prices could give Democrats their first Mississippi Senate win since 1982

1

Bill Gates believes a billionaire's tax is the only option in the age of AI—and 'whatever's left over' can be used as a philanthropic safety net

2

Voters in Silicon Valley rejected the billionaire wealth tax while those in Los Angeles and San Francisco—home to the two top AI companies—wanted it

3

‘Pick another protein’: A cattle rancher senator’s answer on beef prices could give Democrats their first Mississippi Senate win since 1982

News

News

The midterms didn’t stop the AI buildout. They simply repriced it—and OpenAI is already promising to pay up

The midterms didn’t stop the AI buildout. They simply repriced it—and OpenAI is already promising to pay up

Two days after voters rejected data centers almost everywhere, OpenAI pledged to cover its own power bills and post financial guarantees.

By Catherina GioinoNovember 6, 2026

Democrats just won control of Georgia Power’s regulator for the first time in 30 years — and its OpenAI data center contract was entirely redacted

Democrats just won control of Georgia Power’s regulator for the first time in 30 years — and its OpenAI data center contract was entirely redacted

By Emily Jones and GristNovember 6, 2026

‘Everyone knows why we lost,’ JD Vance points to the Iran war — which has already cost at least $38 billion and 19 American lives

‘Everyone knows why we lost,’ JD Vance points to the Iran war — which has already cost at least $38 billion and 19 American lives

By Javed Ali and The ConversationNovember 6, 2026

Gen Z voters broke for Democrats 66% to 31% in the midterms — and the Iran war cracked their top three issues

Gen Z voters broke for Democrats 66% to 31% in the midterms — and the Iran war cracked their top three issues

By Sara Suzuki and The ConversationNovember 6, 2026

Gas was pricier on this Election Day than any before it — up almost 40% to $4.15 a gallon since the Iran war began

Gas was pricier on this Election Day than any before it — up almost 40% to $4.15 a gallon since the Iran war began

By Michael A. Mische and The ConversationNovember 6, 2026

People walk amid stands selling merchandise supporting Brazil President Luiz Inácio Lula da Silva.

A WhatsApp channel called Lula’s Army grew from 50,000 to more than 10 million subscribers as Brazil’s president staged a historic comeback

By Anthony W. Pereira and The ConversationNovember 6, 2026

Delaware Chancery CourtP

Cloudflare’s appeal won’t fix what’s broken in Delaware’s Chancery Court

A vice chancellor, Travis Laster, sent his own ruling to the state Supreme Court. Boards shouldn’t read that as reassurance.

By Jeffrey Sonnenfeld and Steven TianNovember 5, 2026

Republicans made Hasan Piker their midterm villain. Now he’s suing Scott Jennings for $72.5 million

The Twitch streamer is seeking $72.5 million from CNN’s Scott Jennings over a spliced clip. His lawyer says Ted Cruz and others should “buckle up.”

By Emma WitmanNovember 5, 2026

Appeals court tosses lawsuit over Mamdani’s pied-à-terre tax rollout, ruling homeowners can’t sue over notices

The decision reverses a Staten Island judgment that ordered the city to redo its notices. Other legal challenges continue.

By Catherina GioinoNovember 4, 2026

States agreed to ‘fully, finally, and forever’ release Meta from claims they didn’t know existed — with $459 million for Cambridge Analytica claims

The judge also concluded the company failed to notify users about thousands of applications associated with data misuse.

By Emma L. Briant and The ConversationNovember 4, 2026

More in Politics

Voters cast their ballots at Ronald Wilson Reagan Elementary School in Omaha.

Nebraska voters block measures to legalize online sports betting, rejecting a campaign’s promise of $166 million in property tax relief

Nebraska voters narrowly rejected to legalize mobile sports betting in the state.

By Joshua HongNovember 6, 2026

Voters in Silicon Valley rejected the billionaire wealth tax while those in Los Angeles and San Francisco—home to the two top AI companies—wanted it

“A ‘no’ vote doesn’t mean similar measures won’t ever be implemented.”

By Jason MaNovember 6, 2026

Trump admitted the Iran war and gas prices hurt Republicans. It was his version of the identity politics that cost Democrats 2024

Trump admitted on election night the war hurt Republicans. Gas is up 40% since it began, and tariffs cost families $1,000 a year.

By Catherina GioinoNovember 6, 2026

Prediction markets had a great election night: Now bettors are turning to which Trump officials could leave first

Pete Hegseth leads Polymarket’s odds for the next Cabinet departure, followed by Susie Wiles and Marco Rubio.

By Camila Grigera NaónNovember 6, 2026

More in Politics

Latest stories from Fortune

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DOJ is investigating news organizations for antitrust violations after the White House TV pool halted coverage when Trump banned several outlets

DOJ is investigating news organizations for antitrust violations after the White House TV pool halted coverage when Trump banned several outlets

By Alanna Durkin Richer, Amy Taxin and The Associated PressOctober 11, 2026

Trump’s tariffs forced U.S. factories to close down or lay off workers, and longtime GOP voters are revolting—’It was like taking a knife to the back’

Trump’s tariffs forced U.S. factories to close down or lay off workers, and longtime GOP voters are revolting—’It was like taking a knife to the back’

By Bernard Condon and The Associated PressOctober 11, 2026

Josh Shapiro, wearing a suit, speaks into a microphone.

‘Never seen anything quite like it’: How rural Pennsylvania’s $165 million data center fight became representative of the bipartisan battle against AI

By Sasha RogelbergOctober 11, 2026

From left, Sen. Mike Lee, R-Utah., Sen. Shelley Moore Capito, R-W.Va., Sen. Martin Heinrich, D-N.M., and Sen. Sheldon Whitehouse, D-R.I., hold a news conference on the Bipartisan American Affordability and Jobs Act in the U.S. Capitol on Sept. 30, 2026.

The new energy permitting bill to feed the AI boom unites fossil fuels and clean power while dividing green energy and environmentalists

By Jordan BlumOctober 11, 2026

Attack on Saudi airport kills 12 people and wounds more than 300—the deadliest strike in any Gulf Arab country since the start of the Iran war

Attack on Saudi airport kills 12 people and wounds more than 300—the deadliest strike in any Gulf Arab country since the start of the Iran war

By Samy Magdy, Cara Anna and The Associated PressOctober 10, 2026

The National Park Service will remove more than 500 trees ‘that do not contribute to the historic landscape’ from a golf course Trump is redesigning

The National Park Service will remove more than 500 trees ‘that do not contribute to the historic landscape’ from a golf course Trump is redesigning

By Matthew Daly and The Associated PressOctober 10, 2026

Christa Pike is discharged from a hospital and back in prison after becoming the first person to survive lethal-injection drugs during an execution

Christa Pike is discharged from a hospital and back in prison after becoming the first person to survive lethal-injection drugs during an execution

By The Associated PressOctober 10, 2026

Trump says he’s evaluating whether the U.S. should join Saudi Arabia’s fight against Iran-backed Houthi rebels in Yemen after fresh attacks on Riyadh

Trump says he’s evaluating whether the U.S. should join Saudi Arabia’s fight against Iran-backed Houthi rebels in Yemen after fresh attacks on Riyadh

By Samy Magdy, Cara Anna and The Associated PressOctober 10, 2026

EU says trade deal could cut up to 50% of Chinese EV and plug-in hybrid imports and lower tariffs for some European exports to China

EU says trade deal could cut up to 50% of Chinese EV and plug-in hybrid imports and lower tariffs for some European exports to China

By Sam McNeil, Kanis Leung, Elaine Kurtenbach and The Associated PressOctober 10, 2026

Despite starting the Iran war, Trump still thinks he deserves the Nobel Peace Prize and complains the winner is someone ‘who nobody has ever heard of’

Despite starting the Iran war, Trump still thinks he deserves the Nobel Peace Prize and complains the winner is someone ‘who nobody has ever heard of’

By Sagar Meghani, Anthony Izaguirre, Thomas Beaumont and The Associated PressOctober 10, 2026

gila

What a desert lizard teaches us about patents and the GLP-1 revolution

By Dr. Bowman HeidenOctober 10, 2026

South African-born jurist and former U.N. human rights chief Navanethem "Navi" Pillay, center, poses with the former president of the International Criminal Court (ICC), Silvia Fernández de Gurmendi, and the director of the International Academy of the Nuremberg Principles, Christoph Safferling, at the Nuremberg Forum in Nuremberg, Germany, Friday, Oct. 9, 2026.

‘Piece by piece’: Trump administration vows to dismantle the International Criminal Court with sweeping new sanctions

By Matthew Lee and Molly QuellOctober 9, 2026

Vice President JD Vance speaks to members of the media at Cincinnati/Northern Kentucky International Airport.

‘I don’t know that that’s actually going to happen’: Vance doubts plan to livestream of execution of Fort Hood shooter after Pentagon’s announcement

By The Associated Press, Julie Carr Smyth and Michelle L. PriceOctober 9, 2026

President Donald Trump walks after speaking at a Columbus Day celebration in the East Room of the White House, Friday, Oct. 9, 2026.

Trump struck a diesel deal with Putin just weeks after signing Russia sanctions. Zelenskyy calls it ‘a weak decision’

By Michelle L. Price, Collin Binkley and The Associated PressOctober 9, 2026

Person holds up phone showing sports betting stats with a basketball and beers in the background.

Head of prominent gambling addiction nonprofit resigns after backlash to $2 million Kalshi donation

By Camila Grigera NaónOctober 9, 2026

Exclusive: The alarms in wine’s biggest heist were switched off from inside before masked thieves took off with 30,000 bottles worth over $8 million

Exclusive: The alarms in wine’s biggest heist were switched off from inside before masked thieves took off with 30,000 bottles worth over $8 million

By Catherina GioinoOctober 9, 2026

‘Trojan horse’: California’s top 1% pay nearly half the state’s income taxes. Prop 40 opponents warn the billionaire tax could reach everyone else

‘Trojan horse’: California’s top 1% pay nearly half the state’s income taxes. Prop 40 opponents warn the billionaire tax could reach everyone else

By Jason MaOctober 9, 2026

‘If we had rolled over, the wall would be up’: Texas landowners sue and protest against Trump’s $46 billion border project

‘If we had rolled over, the wall would be up’: Texas landowners sue and protest against Trump’s $46 billion border project

By The Associated Press and Rebecca SantanaOctober 9, 2026

‘You decided to evade them’: Former HSBC banker ‘clearly in a financial position to pay’ banned from finance for dodging $7,800 in fares

‘You decided to evade them’: Former HSBC banker ‘clearly in a financial position to pay’ banned from finance for dodging $7,800 in fares

By Catherina GioinoOctober 9, 2026

Anthropic is hiring a political programs boss to oversee ‘presidential engagement’ ahead of the 2028 election

Anthropic is hiring a political programs boss to oversee ‘presidential engagement’ ahead of the 2028 election

By Emily ForliniOctober 8, 2026

NFL football field with personnel walking it before the Super Bowl final

NFL urges Supreme Court to back state gambling rules—breaking with other leagues on prediction markets

By Camila Grigera NaónOctober 8, 2026

A driver filled up his truck at a gas station.

‘Lipstick on a pig’: Trump’s red-dyed diesel plan is more midterms appeal than gas price solution, experts say—and even truckers are calling his bluff

By Sasha RogelbergOctober 8, 2026

Venezuelan President Nicolas Maduro and his wife Cilia Flores wave after his swearing-in ceremony for a third term at the National Assembly in Caracas, Venezuela, on Jan. 10, 2025.

Former Venezuelan President Nicolás Maduro faces new U.S. torture charges after 9 months in a New York jail

By Philip Marcelo, Larry Neumeister and The Associated PressOctober 8, 2026

‘Things are better now’: Foreign workers who said they were exploited while building U.S. consulate in Milan settle for record $35 million

‘Things are better now’: Foreign workers who said they were exploited while building U.S. consulate in Milan settle for record $35 million

By The Associated Press and Colleen BarryOctober 8, 2026

Crew members prepare the U.S.S. Abraham Lincoln (CVN 72) for return on Wednesday, Oct. 7, 2026, to her home port Naval Air Station North Island in San Diego, Calif.

USS Abraham Lincoln returns to San Diego after 265 straight days at sea, food shortages and reports of deteriorating morale

By Julie Watson, John Seewer and The Associated PressOctober 8, 2026

‘A matter of life and death for me’: Millions of Americans who rely on cheap drugs from Canada could see prices soar due to new federal rule

‘A matter of life and death for me’: Millions of Americans who rely on cheap drugs from Canada could see prices soar due to new federal rule

By The Associated Press and Fatima HusseinOctober 8, 2026

A small group of people supporting restrictions on artificial intelligence hold up signs in front of City Hall before a New York City Council hearing on artificial intelligence safety in New York.

64% of Americans say AI is developing too fast—and 8 in 10 want the government to keep it under human control

By Barbara Ortutay, Linley Sanders and The Associated PressOctober 8, 2026

U.S. President Donald Trump speaks on stage at the Butler-Vandalia Student Activity Center during a campaign rally.

Personal Finance

Trump keeps changing who gets his $5,000 dividend, and only 21% of voters believe he’ll actually pay it

By Joshua HongOctober 8, 2026

Trump’s red-dyed diesel order sounds like a tax cut. Economists say it’s a 24-cent IOU that could raise prices for farmers

Trump’s red-dyed diesel order sounds like a tax cut. Economists say it’s a 24-cent IOU that could raise prices for farmers

By Steven JohnOctober 7, 2026

Bloomington, Minnesota, Mall of America, One of the largest malls in the world it is home to over 500 stores.

FBI thwarts ‘radicalized young man’ after undercover sting operation where he bought an assault rifle to attack the Mall of America

By Ellen Schmidt, Gene Johnson and The Associated PressOctober 7, 2026

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Most Popular

Bill Gates believes a billionaire's tax is the only option in the age of AI—and 'whatever's left over' can be used as a philanthropic safety net

placeholder alt text

By Eleanor PringleNovember 6, 2026

Voters in Silicon Valley rejected the billionaire wealth tax while those in Los Angeles and San Francisco—home to the two top AI companies—wanted it

placeholder alt text

By Jason MaNovember 6, 2026

‘Pick another protein’: A cattle rancher senator’s answer on beef prices could give Democrats their first Mississippi Senate win since 1982

placeholder alt text

By Catherina GioinoNovember 6, 2026

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