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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

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A woman sits in a voting booth.

‘Like being hit between the eyes with a sledgehammer’: Meet the one town in America that defied election trends and voted in favor of data centers

Harwood, North Dakota residents voted against an initiative calling for a slowdown in industrial developments like AI data centers.

By Sasha RogelbergNovember 7, 2026

A person holds a sign reading 'Save Our Social Security' during a press conference and rally in support of fair taxation near the U.S. Capitol in Washington, D.C. on April 10, 2025. Tax justice advocates attended the 'Federal Fight Back Rally' to speak out against President Trump's tax cuts for the wealthy, and to urge members of Congress to intervene.

A new group of senators from both parties will vote on how to save Social Security. Here’s what they’ve said about it

By Tatiana SatauaNovember 7, 2026

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

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

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

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

Right before 1974’s midterm election, Gerald Ford launched the “Whip Inflation Now,” campaign. But Republicans lost 48 House seats and five Senate seats.

By Michael A. Mische and The ConversationNovember 6, 2026

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

He erased the deficit and won the all-important runoff election by more than 3.5 percentage points – more than 4 million votes.

By Anthony W. Pereira and The ConversationNovember 6, 2026

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

More in Politics

Latest stories from Fortune

More NewsPage 14 of 100

‘We are going to hold the crooks accountable.’ Democrats plan vast oversight of Trump administration after midterms—and impeachment is an option

‘We are going to hold the crooks accountable.’ Democrats plan vast oversight of Trump administration after midterms—and impeachment is an option

By Lisa Mascaro and The Associated PressSeptember 26, 2026

After Iran makes new offer to fully reopen the Strait of Hormuz, Trump posts a map on social media calling it the ‘Trump Strait’

After Iran makes new offer to fully reopen the Strait of Hormuz, Trump posts a map on social media calling it the ‘Trump Strait’

By Cara Anna and The Associated PressSeptember 26, 2026

ICE raids in states that voted heavily for Trump are causing meatpackers to lose millions in revenue, and even Republican lawmakers are speaking out

ICE raids in states that voted heavily for Trump are causing meatpackers to lose millions in revenue, and even Republican lawmakers are speaking out

By Heather Hollingsworth, Valerie Gonzalez and The Associated PressSeptember 26, 2026

New Mexico jury finds Facebook liable for over 43 million violations of consumer protection law—and Meta could owe over $200 billion in penalties

New Mexico jury finds Facebook liable for over 43 million violations of consumer protection law—and Meta could owe over $200 billion in penalties

By Mikella Schuettler and The Associated PressSeptember 26, 2026

Harvard’s last Affirmative Action program is for the rich

Harvard’s last Affirmative Action program is for the rich

By Jayson WeingartenSeptember 26, 2026

Trump banned MS NOW from the White House. Symone Sanders-Townsend says he still watches, and she stands by her Hasan Piker interview

Trump banned MS NOW from the White House. Symone Sanders-Townsend says he still watches, and she stands by her Hasan Piker interview

By Catherina GioinoSeptember 25, 2026

Mark Carney points as Donald Trump as Trump listens, with his head bowed.

‘U.S. trade policy is damaging the U.S. auto industry’: Canada’s purchase of American cars hits new low as Trump’s tariffs backfire on U.S. automakers

By Sasha RogelbergSeptember 25, 2026

President Donald Trump gives a toast during a State Dinner for China's President Xi Jinping in the East Room at the White House.

‘We’ve never gotten along better’: Trump and Xi talk Taiwan, trade and AI at state dinner—with Sam Altman and Jensen Huang in attendance

By The Associated Press and Will WeissertSeptember 25, 2026

President Donald Trump watches as New York City Mayor Zohran Mamdani speaks during a joint news conference at Gracie Mansion.

‘You can’t silence the truth’: Netanyahu calls Mamdani ‘the antisemitic mayor of New York’ at the UN, as 100 protestors were arrested outside

By The Associated Press and Anthony IzaguirreSeptember 25, 2026

Federal cyber agency unveils midterm plan with 40 days to go: ‘For them to come in 5 weeks before the election, yeah, nice effort’

Federal cyber agency unveils midterm plan with 40 days to go: ‘For them to come in 5 weeks before the election, yeah, nice effort’

By Ali Swenson and The Associated PressSeptember 25, 2026

Gas topped the equivalent of $12 a gallon in parts of Europe—and consumers are spending an extra $231 million a day on diesel

Gas topped the equivalent of $12 a gallon in parts of Europe—and consumers are spending an extra $231 million a day on diesel

By Sam McNeil and The Associated PressSeptember 25, 2026

Pope Leo warns humanity risks losing itself in a ‘paradise of machines’

Pope Leo warns humanity risks losing itself in a ‘paradise of machines’

By Nicole Winfield, Sylvie Corbet and The Associated PressSeptember 25, 2026

eric

I helped invent the smartphone camera. It could have died in the lab

By Eric FossumSeptember 25, 2026

Washington still hasn’t passed an AI safety law. New York City, where AI giants are expanding fastest, is writing its own

Washington still hasn’t passed an AI safety law. New York City, where AI giants are expanding fastest, is writing its own

By Catherina GioinoSeptember 25, 2026

U.S. President Donald Trump looks on during the signing of a security pact between the U.S., Denmark, and Greenland during the 81st session of the United Nations (U.N.) General Assembly.

‘It’s so corrosive to democracy’: Over 50 federal prosecutors speak out against Trump’s $100,000 a month ‘insider trading’ scheme

By Joshua HongSeptember 24, 2026

The return of nostalgia is bringing back Toys “R” Us as it opens 120 stores, nine years after bankruptcy

Personal Finance

The return of nostalgia is bringing back Toys “R” Us as it opens 120 stores, nine years after bankruptcy

By Tatiana SatauaSeptember 24, 2026

Judge orders White House to ‘immediately’ restore CNN, Politico and MS NOW’s access. Trump shrugs

Judge orders White House to ‘immediately’ restore CNN, Politico and MS NOW’s access. Trump shrugs

By Jocelyn Noveck, Hallie Golden and The Associated PressSeptember 24, 2026

How much is Kalshi really worth? A detailed report says as much as $42 billion—if everything goes right

Startups & Venture

How much is Kalshi really worth? A detailed report says as much as $42 billion—if everything goes right

By Jeff John RobertsSeptember 24, 2026

Cambodia claims it has ‘completely dismantled all large-scale scam compounds in the kingdom’ without presenting evidence that it did

Cambodia claims it has ‘completely dismantled all large-scale scam compounds in the kingdom’ without presenting evidence that it did

By Huizhong Wu and The Associated PressSeptember 23, 2026

Dolly Parton’s estate accuses nephew of threatening to destroy her legacy

Arts & Entertainment

Dolly Parton’s estate accuses nephew of threatening to destroy her legacy

By Hallie Golden and The Associated PressSeptember 23, 2026

‘It doesn’t take a genius to say, ‘slow it down”: Bernie Sanders unveils bill to ban artificial superintelligence

By Joey Cappelletti and The Associated PressSeptember 23, 2026

How ‘Effective Altruism’ went from fringe philosophy to Trump’s AI villain

How ‘Effective Altruism’ went from fringe philosophy to Trump’s AI villain

By Beatrice Nolan and Emily ForliniSeptember 23, 2026

Inside Fortescue’s billion-dollar bet to decarbonize mining—and help rebuild Ukraine

Inside Fortescue’s billion-dollar bet to decarbonize mining—and help rebuild Ukraine

By Vivienne WaltSeptember 23, 2026

Elon Musk, standing in the oval office, touches an all-black DOGE hat on his head.

DOGE’s push to shrink the federal workforce cost the Trump administration $6.7 billion for employees not to work

By Sasha RogelbergSeptember 23, 2026

Vice President JD Vance, center, speaks during a news conference accompanied by Kim Brandt, Chief Operating Officer for the Centers for Medicare and Medicaid Services, left, Dr. Mehmet Oz, Administrator for the Centers for Medicare & Medicaid Services, Chairman Andrew Ferguson of the Federal Trade Commission (FTC), and Chris Klomp, nominee for Deputy Secretary of Health and Human Services, in the South Court Auditorium in the Eisenhower Executive Office Building on the White House campus.

Trump admin says it will save $2.2 billion by kicking off 760,000 Affordable Care Act enrollees over fraud claims

By The Associated Press and Fatima HusseinSeptember 22, 2026

President Donald Trump speaks to the United Nations General Assembly.

‘I have a big decision to make’: Trump had a ‘good meeting’ with Iranian officials warning he may ‘annihilate the Islamic Republic’

By The Associated Press, Aamer Madhani, Farnoush Amiri and Edith M. LedererSeptember 22, 2026

Two major Puerto Rico newspapers are going digital-only as the industry sheds 270,000 jobs in 20 years

Two major Puerto Rico newspapers are going digital-only as the industry sheds 270,000 jobs in 20 years

By Danica Coto and The Associated PressSeptember 22, 2026

China tightens controls on fentanyl-making chemicals shipped to the U.S. just days before Trump and Xi meet at the White House

China tightens controls on fentanyl-making chemicals shipped to the U.S. just days before Trump and Xi meet at the White House

By The Associated PressSeptember 22, 2026

A Republican senator is calling on an investigation into Donald Trump Jr. after a Russian oligarch helped pay for his lavish wedding

A Republican senator is calling on an investigation into Donald Trump Jr. after a Russian oligarch helped pay for his lavish wedding

By The Associated Press and Joey CappellettiSeptember 22, 2026

Anthony Scaramucci

Anthony Scaramucci: why I was wrong to scoff at ‘the Battle of Seattle’ in 1999

By Anthony ScaramucciSeptember 22, 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

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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