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

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Airbnb CEO Brian Chesky says ‘founder mode’ cost him almost his entire executive team: ‘They left or they didn’t want to work for me’

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

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

3

Airbnb CEO Brian Chesky says ‘founder mode’ cost him almost his entire executive team: ‘They left or they didn’t want to work for me’

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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fdr

FDR’s lesson for AI regulation

By William R. GruverOctober 4, 2026

Trump teases more inflationary money for voters ahead of midterm elections, now promising $90 payments after touting $500 and $5,000 checks

Trump teases more inflationary money for voters ahead of midterm elections, now promising $90 payments after touting $500 and $5,000 checks

By Melissa Goldin and The Associated PressOctober 3, 2026

FlyDubai co-pilot used cockpit’s crash axe to try seizing control of flight and was barred from flying by Oman due to concerns over extremist views

FlyDubai co-pilot used cockpit’s crash axe to try seizing control of flight and was barred from flying by Oman due to concerns over extremist views

By Samy Magdy, Sam Mednick, Cara Anna and The Associated PressOctober 3, 2026

Private capital is transforming sports, challenging the press box to upskill into financial forensics

By Alex Volonte and The ConversationOctober 3, 2026

Nearly 1,400 laid off at Ohio factory days before Trump rally. Now a former supporter will help elect Democrats: ‘Something has to change politically’

Nearly 1,400 laid off at Ohio factory days before Trump rally. Now a former supporter will help elect Democrats: ‘Something has to change politically’

By Josh Boak and The Associated PressOctober 3, 2026

After threatening to ban U.S. exports of diesel fuel, Trump admits ‘we were never going to do it’

After threatening to ban U.S. exports of diesel fuel, Trump admits ‘we were never going to do it’

By Collin Binkley, John Leicester and The Associated PressOctober 3, 2026

Sergey Brin

Google cofounder Sergey Brin has spent $102 million to fight California’s proposed billionaire tax—he could owe $13 billion if he loses

By Sasha RogelbergOctober 3, 2026

trump

What the bond market reveals about Congress, the national debt and the middle class—and where America goes from here

By Alexander William SalterOctober 3, 2026

Mark Ruffalo says Paramount’s $111 billion Warner Bros. deal ‘Will stifle creativity, weaken free speech, and cost people their jobs’

Mark Ruffalo says Paramount’s $111 billion Warner Bros. deal ‘Will stifle creativity, weaken free speech, and cost people their jobs’

By Andrew McGowanOctober 2, 2026

Former U.S. Rep. David Rivera speaks with media outside a federal court in Miami.

‘He sold his anti-communism to communists’: Former GOP Rep. David Rivera gets 10 years in prison for $50 million lobbying ‘from the Maduro regime’

By The Associated Press and Joshua GoodmanOctober 2, 2026

France debt crisis: Bond investors have rendered a ‘guilty’ verdict and are pricing in growing odds of a sovereign default, analyst says

France debt crisis: Bond investors have rendered a ‘guilty’ verdict and are pricing in growing odds of a sovereign default, analyst says

By Jason MaOctober 2, 2026

Fortune 500 Power Moves: Which executives gained and lost power this week, Sept. 19-25, 2026

Fortune 500 Power Moves: Which executives gained and lost power this week, Sept. 19-25, 2026

By Fortune EditorsOctober 2, 2026

U.S. President Donald Trump speaks with Rewant Ruia (L), Chairman of Mesabi Metallics, and Ravi Ruia (2nd L), Board Member of Mesabi Metallics and Director of Essar Capital, while making an announcement in the Oval Office at the White House on September 28, 2026 in Washington, DC. Trump announced plans that a new $15 billion steel plant will be built in eastern Iowa by Mesabi Metallics and is projected to be one of the largest in the United States.

‘The deal is done’: Trump’s $15 billion Iowa steel deal comes with a catch: new tax breaks

By Hannah Fingerhut and The Associated PressOctober 2, 2026

Israeli passenger Haim Lazarovich, who experienced an emergency landing in Saudi Arabia, during a flight on FlyDubai plane, arrives at Ben Gurion International Airport, near Tel Aviv, Israel.

For 25 years, locked cockpits have kept intruders out. The FlyDubai attack exposed the danger inside

By Sam Metz, Rio Yamat, Philip Marcelo and The Associated PressOctober 2, 2026

Americans rebel against Trump’s red-baiting, sending socialism to a record high in opinion polling

Americans rebel against Trump’s red-baiting, sending socialism to a record high in opinion polling

By Catherina GioinoOctober 2, 2026

A woman holds Russian journalist Dmitry Muratov's 2021 Nobel Peace Prize medal in New York, on June 20, 2022. Muratov is the editor-in-chief of the Russian newspaper Novaya Gazeta.

The Nobel Peace Prize could leave the planet this year, with the International Space Station among contenders

By Mark Lewis and The Associated PressOctober 2, 2026

Billionaire George Soros has donated $102 million ahead of the midterms—and now the Democrats are coming out ahead

Billionaire George Soros has donated $102 million ahead of the midterms—and now the Democrats are coming out ahead

By Mia OsmonbekovOctober 2, 2026

Russia's President Vladimir Putin addresses the audience during the Valdai Discussion Club meeting in Moscow.

‘Playing a dangerous game’: Putin threatens using ‘all its arsenal’ if there is a ‘direct attack on the Russian Federation’

By The Associated PressOctober 1, 2026

President Donald Trump speaks with reporters before boarding Marine One on the South Lawn of the White House.

‘They’ll be hit very hard’: Trump sends roughly 9,000 troops and a third aircraft carrier to the Middle East after warning strikes on Iran

By The Associated Press, Konstantin Toropin, Michelle L. Price and Aamer MadhaniOctober 1, 2026

Paramount promised 30 movies a year to win Warner Bros. Losing Miramax if it fails may not scare it

Paramount promised 30 movies a year to win Warner Bros. Losing Miramax if it fails may not scare it

By Andrew McGowanOctober 1, 2026

Two people in yellow safety vests look at a while trailer truck.

Thieves stole an Nvidia-branded truck filled with just 20,000 pounds of sand—and it points to Big Tech’s $150 million AI hardware theft headache

By Sasha RogelbergOctober 1, 2026

David Amiel, the French Minister of Public Action and Accounts, speaks during a press conference to present the 2027 State Budget, PLF and PLFSS, at the Ministry of Economy and Finance, Bercy, in Paris, France.

Personal Finance

‘We cannot sweep the dust under the carpet’: French national debt is projected to grow to 122% of its GDP, prompting ideas to cancel government bonds

By The Associated Press and Samuel PetrequinOctober 1, 2026

Carter Eslick during his sentencing hearing in Coconino County Superior Court in Flagstaff, Ariz.

‘Full responsibility’: Fraternity pledge master sentenced to jail in hazing death of 18-year-old due to alcohol poisoning

By The Associated PressOctober 1, 2026

President Donald Trump speaks during an East Room event at the White House celebrating Hispanic Heritage Month.

‘I’m going out because nobody’s selling it’: Trump and JD Vance kick off 32-day campaign blitz in deep-red Texas and Oklahoma

By The Associated Press and Michelle L. PriceOctober 1, 2026

The Supreme Court is seen on the morning after the conservative majority sided with the Trump administration in a case over President Donald Trump's executive order restricting mail-in voting, on Capitol Hill in Washington.

Supreme Court to decide Trump’s mandatory detention policy for immigrants nationwide

By The Associated Press and Michael KunzelmanOctober 1, 2026

U.S. added 90,000 jobs last month, says ADP—including in manufacturing and construction, where trade bosses say six-figure jobs are sitting empty

U.S. added 90,000 jobs last month, says ADP—including in manufacturing and construction, where trade bosses say six-figure jobs are sitting empty

By Eleanor PringleOctober 1, 2026

Wilbur Ross was Trump’s first-term tariff hawk. Now he says refunds give importers ‘an extra profit’ and pay them ‘more than the money’ they laid out

Wilbur Ross was Trump’s first-term tariff hawk. Now he says refunds give importers ‘an extra profit’ and pay them ‘more than the money’ they laid out

By Catherina GioinoOctober 1, 2026

‘We all chip in’: America’s $40 billion private jet boom is taking off, and taxpayers are helping billionaires foot the bill

Travel & Leisure

‘We all chip in’: America’s $40 billion private jet boom is taking off, and taxpayers are helping billionaires foot the bill

By Mia OsmonbekovOctober 1, 2026

A TSA officer, with one arm crossed over his body, looks into the camera.

Trump removes chairs for TSA agents, saying they ‘must meet fitness for duty requirements’

By Sasha RogelbergOctober 1, 2026

Wilbur Ross says New York’s pied-à-terre tax targets people who ‘can’t retaliate at the ballot box’

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

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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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By Eleanor PringleNovember 6, 2026

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

placeholder alt text

By Catherina GioinoNovember 4, 2026

Startups & Venture

Airbnb CEO Brian Chesky says ‘founder mode’ cost him almost his entire executive team: ‘They left or they didn’t want to work for me’

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By Tatiana SatauaNovember 4, 2026

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