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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

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

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

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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 16 of 100

Urgent calls from OpenAI, Anthropic for an AI slowdown fall on deaf ears with Trump, Xi ahead of next week’s meeting

Urgent calls from OpenAI, Anthropic for an AI slowdown fall on deaf ears with Trump, Xi ahead of next week’s meeting

By Emily ForliniSeptember 15, 2026

‘Give the American people a say in how AI develops’: Alex Bores launches a $30 million nonprofit bent on regulating AI

‘Give the American people a say in how AI develops’: Alex Bores launches a $30 million nonprofit bent on regulating AI

By Catherina GioinoSeptember 15, 2026

Bernie Sanders says if AI is coming for workers, it should bring a four-day workweek with it

Bernie Sanders says if AI is coming for workers, it should bring a four-day workweek with it

By Tatiana SatauaSeptember 15, 2026

Digital shelf labels are supposed to save shoppers money. A new NJ law says they could do the opposite—and put a one-year freeze on them

Digital shelf labels are supposed to save shoppers money. A new NJ law says they could do the opposite—and put a one-year freeze on them

By Alex Vuocolo and Retail BrewSeptember 15, 2026

The Pentagon admits that Iranian strikes damaged and destroyed hundreds of buildings at U.S. bases across the Middle East

The Pentagon admits that Iranian strikes damaged and destroyed hundreds of buildings at U.S. bases across the Middle East

By Ben Finley, Farnoush Amiri and The Associated PressSeptember 14, 2026

Mark Carney pitches Canada to global investors as ‘much more than being next to the United States’ and a reliable partner that ‘respects rule of law’

Mark Carney pitches Canada to global investors as ‘much more than being next to the United States’ and a reliable partner that ‘respects rule of law’

By Rob Gillies and The Associated PressSeptember 14, 2026

Trump tells Americans not to ‘kill the golden goose’ rejecting voters’ turn against AI and data centers

By Eva RoytburgSeptember 14, 2026

Chris LeHane, OpenAi's vice president of global policy, gesturing with one hand outstretched while speaking on stage at a conference.

After ‘tense negotiations’ with OpenAI, California enacts law named for teen who consulted ChatGPT before suicide. It could become a national standard

By Emily ForliniSeptember 14, 2026

President Donald Trump in attendance during day three of the Amgen Irish Open Golf Championship 2026 at Trump International Golf Links in Doonbeg, Clare.

Trump is freeing Irish whiskey from tariffs while tightening the screws on Canadian booze

By Joshua HongSeptember 14, 2026

Sen. Cynthia Lummis

Clarity Act odds soar as Trump approves new ethics provisions for closely watched crypto bill

By Camila Grigera NaónSeptember 14, 2026

Photo of OpenAI CEO Sam Altman speaking at a G20 meeting.

OpenAI may have violated California’s AI safety law with latest model releases, AI watchdog says

By Beatrice Nolan and Emily ForliniSeptember 14, 2026

Trump will look into requests from families of 9/11 victims to release records that could shed light on Saudi Arabia’s alleged role

Trump will look into requests from families of 9/11 victims to release records that could shed light on Saudi Arabia’s alleged role

By The Associated PressSeptember 13, 2026

While Barack Obama urges Democrats to make AI a campaign issue, Trump downplays the need to slow development despite dire warnings

While Barack Obama urges Democrats to make AI a campaign issue, Trump downplays the need to slow development despite dire warnings

By Darlene Superville, Didi Tang and The Associated PressSeptember 13, 2026

‘Everybody’s been bugging me’ — Trump says he’ll remove his 10% tariff on Irish whiskey during trophy ceremony at a golf tournament in Ireland

‘Everybody’s been bugging me’ — Trump says he’ll remove his 10% tariff on Irish whiskey during trophy ceremony at a golf tournament in Ireland

By Darlene Superville, Jill Lawless and The Associated PressSeptember 13, 2026

After Trump says he doesn’t need Congress for his $5,000 ‘dividend,’ House Speaker Mike Johnson says not so fast but vows to try to make it happen

After Trump says he doesn’t need Congress for his $5,000 ‘dividend,’ House Speaker Mike Johnson says not so fast but vows to try to make it happen

By Didi Tang and The Associated PressSeptember 13, 2026

The third rail isn’t what it used to be. As the Social Security fund’s insolvency nears, more lawmakers are open to tax hikes—even Republicans

The third rail isn’t what it used to be. As the Social Security fund’s insolvency nears, more lawmakers are open to tax hikes—even Republicans

By Jason MaSeptember 13, 2026

American Samoa is the only U.S. territory where residents don’t have birthright citizenship. They’re U.S. nationals instead, and it complicates voting

American Samoa is the only U.S. territory where residents don’t have birthright citizenship. They’re U.S. nationals instead, and it complicates voting

By The Associated PressSeptember 13, 2026

Indian PM Narendra Modi calls out BRICS nations, telling summit it’s time to act on their agreements and convert ‘files to real-life impact’

Indian PM Narendra Modi calls out BRICS nations, telling summit it’s time to act on their agreements and convert ‘files to real-life impact’

By Aijaz Hussain, Sheikh Saaliq and The Associated PressSeptember 13, 2026

America’s dumbest war (no, not this one)

America’s dumbest war (no, not this one)

By Scott S. GreenbergerSeptember 13, 2026

Former CIA official found with $40 million in gold bars for ‘work-related expenses’ reaches tentative plea deal

Former CIA official found with $40 million in gold bars for ‘work-related expenses’ reaches tentative plea deal

By The Associated PressSeptember 12, 2026

The trade deficit with Canada that’s upset Trump so much is due to crude the U.S. buys at a discount for the Midwest. ‘It’s the only oil they can use’

The trade deficit with Canada that’s upset Trump so much is due to crude the U.S. buys at a discount for the Midwest. ‘It’s the only oil they can use’

By Paul Wiseman and The Associated PressSeptember 12, 2026

As Europe weighs a peacekeeping force in Ukraine, Putin warns sending troops ‘means a war with Russia’

As Europe weighs a peacekeeping force in Ukraine, Putin warns sending troops ‘means a war with Russia’

By Volodymyr Yurchuk, Elise Morton and The Associated PressSeptember 12, 2026

Saudi Arabia’s nightmare scenario comes true as Houthis threaten crucial Red Sea shipping route and drone attacks force closure of major pipeline

Saudi Arabia’s nightmare scenario comes true as Houthis threaten crucial Red Sea shipping route and drone attacks force closure of major pipeline

By Elena Becatoros, Joseph Krauss and The Associated PressSeptember 12, 2026

Mark Penn: How to save a billion and a half hours

Mark Penn: How to save a billion and a half hours

By Mark PennSeptember 12, 2026

cartel

The ghost cartel — your pricing algorithm may have stopped competing without your knowledge

By François Candelon, Paul-Louis Andres and Augustin ManchonSeptember 12, 2026

Boards were built for a vertical world. Risk has gone horizontal

By Jane SadowskySeptember 12, 2026

After a decade of failed bills and three years of resignations, Washington finally discovers it cares about AI safety

After a decade of failed bills and three years of resignations, Washington finally discovers it cares about AI safety

By Catherina GioinoSeptember 12, 2026

Lululemon’s new CEO inherits a mess that looks like the one she left at Nike

Lululemon’s new CEO inherits a mess that looks like the one she left at Nike

By Phil WahbaSeptember 12, 2026

Scott Bessent, US treasury secretary, during the first day of the Republican Midterm Convention at the American Airlines Center in Dallas, Texas, US, on Wednesday, Sept. 9, 2026.

‘If the Bloomberg Terminal bros are unhappy with what I’m doing, that’s too bad’: Bessent says he’ll continue ‘ignoring the noise’

By Eleanor PringleSeptember 11, 2026

A dock workers watching a crane hoist up shipping containers.

‘The global economy as we know it would come to a sudden halt’: Shipping authorities from 18 countries warn of a ‘two-tier’ system imperiling trade

By Sasha RogelbergSeptember 10, 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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