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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

News

U.S. Senator Elizabeth Warren questions bank CEOs at Wells Fargo, Bank of America, JPMorgan and Citigroup.

Wall Street banks brace for ‘political theater’ as Democrats return to power—but few expect major change anytime soon

“They can make life difficult, but they can’t necessarily change the overall tenor of where the banks are projected to go,” a Citi analyst said.

By Morgan ChittumNovember 7, 2026

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

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

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

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

Overall, 27% of young people – meaning people ages 18 to 29 – went to the polls during the midterms, our Nov. 5 analysis shows.

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

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

More in Politics

Latest stories from Fortune

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I’m working with Venezuela to kill its inflation. Trump’s secret oil deal with Delcy Rodriguez is illegitimate — and unhelpful

By Steve H. HankeAugust 31, 2026

Why a 1963 bank case should not decide the Paramount/Warner deal

By Shubha GhoshAugust 31, 2026

Battle for Hormuz: U.S. forces take first military action against Iran in a month, striking rocket launchers being used to deploy sea mines

Battle for Hormuz: U.S. forces take first military action against Iran in a month, striking rocket launchers being used to deploy sea mines

By Konstantin Toropin, Cara Anna, Ben Finley and The Associated PressAugust 30, 2026

Trump urges FCC to probe media polling, punish NBC moderator

Trump urges FCC to probe media polling, punish NBC moderator

By Jeff Mason and BloombergAugust 30, 2026

World mostly shrugs off Bessent’s ‘D-Day’ Iran sanctions threat

World mostly shrugs off Bessent’s ‘D-Day’ Iran sanctions threat

By Yash Roy, Patrick Sykes and BloombergAugust 30, 2026

This baby boomer vs. Gen X Senate race emerges as key test of generational change in U.S. politics and what age is too old for Congress

This baby boomer vs. Gen X Senate race emerges as key test of generational change in U.S. politics and what age is too old for Congress

By Leah Willingham and The Associated PressAugust 30, 2026

Trump mistook it repeatedly while speaking about his designs on Greenland, but voters in Iceland reject a proposal to restart talks to join the EU

Trump mistook it repeatedly while speaking about his designs on Greenland, but voters in Iceland reject a proposal to restart talks to join the EU

By Kwiyeon Ha, Brian Melley and The Associated PressAugust 30, 2026

The Earth is sizzling, but ‘climate hushing’ is hot right now among Democrats. ‘People are increasingly freaked out about other issues’

The Earth is sizzling, but ‘climate hushing’ is hot right now among Democrats. ‘People are increasingly freaked out about other issues’

By Nicholas Riccardi, Jennifer McDermott, Leah Willingham and The Associated PressAugust 29, 2026

New U.S. sanctions will hit ordinary Iranians hard. That may be the whole point as the crashing economy stirs fresh protests

New U.S. sanctions will hit ordinary Iranians hard. That may be the whole point as the crashing economy stirs fresh protests

By Jason MaAugust 29, 2026

Trump cannot deport students for criticizing Israel, judge rules, saying speech and press freedoms are ‘foundational to America’s enduring democracy’

Trump cannot deport students for criticizing Israel, judge rules, saying speech and press freedoms are ‘foundational to America’s enduring democracy’

By The Associated PressAugust 29, 2026

‘Long after President Trump is gone, it will still be called Lake Ontario’ — Premier Doug Ford fires back at ‘Lake America’ decree with giant sign

‘Long after President Trump is gone, it will still be called Lake Ontario’ — Premier Doug Ford fires back at ‘Lake America’ decree with giant sign

By Rob Gillies and The Associated PressAugust 29, 2026

The U.S. doesn’t have a state-owned oil giant. But in Venezuela, the federal government will control a company with the world’s 2nd largest reserves

The U.S. doesn’t have a state-owned oil giant. But in Venezuela, the federal government will control a company with the world’s 2nd largest reserves

By Jason MaAugust 29, 2026

ICE explores purchasing robot dogs in enforcement tech push

ICE explores purchasing robot dogs in enforcement tech push

By Alicia A. Caldwell and BloombergAugust 29, 2026

Russia is teaching its children to fight the wars of the future

Russia is teaching its children to fight the wars of the future

By BloombergAugust 29, 2026

For his latest tariffs, Trump used a statute so obscure many lawyers didn’t even know it still existed. ‘This law is literally a blank canvas’

For his latest tariffs, Trump used a statute so obscure many lawyers didn’t even know it still existed. ‘This law is literally a blank canvas’

By Paul Wiseman and The Associated PressAugust 29, 2026

‘What is that saying about the applicant pool?’ The FBI will no longer treat experience with prostitution as an automatic bar against hiring

‘What is that saying about the applicant pool?’ The FBI will no longer treat experience with prostitution as an automatic bar against hiring

By Eric Tucker and The Associated PressAugust 29, 2026

After 6 months of war, hardliners consolidate power in Iran, but there are ‘serious differences over the future path of the country’

After 6 months of war, hardliners consolidate power in Iran, but there are ‘serious differences over the future path of the country’

By Lee Keath, David Rising and The Associated PressAugust 29, 2026

Former White House teleprompter operator must turn over more than $100,000 in profits and pay a $65,000 fine in insider trading settlement

Former White House teleprompter operator must turn over more than $100,000 in profits and pay a $65,000 fine in insider trading settlement

By Collin Binkley and The Associated PressAugust 29, 2026

Dae'quan Wright #8 of the Ole Miss Rebels celebrates against the Miami Hurricanes during the second half of CFP Semifinal Vrbo Fiesta Bowl at State Farm Stadium.

Arts & Entertainment

College sports and ‘amateurism’ become the new ‘professional’ as an NFL player fights to return to school

By Joshua HongAugust 29, 2026

alaska

Scientists are using AI to track permafrost thaw as Arctic lakes vanish in hours

By Anna Liljedahl, Ingmar Nitze and The ConversationAugust 29, 2026

Donald Trump, standing behind a podium, pantomimes holding a gun.

DOJ is turning to an ancient body of law to capture Iranian oil tankers. It’s been so long since the U.S. used it, ‘we’d have to conduct a séance’

By Sasha RogelbergAugust 28, 2026

New York City sends 11,000 more pied-à-terre tax letters as it apologizes to the 1,200 wrongly targeted because it didn’t check 2025 tax returns

Personal Finance

New York City sends 11,000 more pied-à-terre tax letters as it apologizes to the 1,200 wrongly targeted because it didn’t check 2025 tax returns

By Catherina GioinoAugust 28, 2026

In this image released by the US Navy 07 April, 2003, Command Sgt Maj John Sparks, delivers copies of Stars and Stripes 04 April to US Marines from Weapons Platoon, 3-2 India Company.

Fired Stars and Stripes staffers sue Pentagon, claiming retaliation over reporting on deteriorating aircraft carrier

By The Associated PressAugust 28, 2026

Trump officially signs executive order directing government to rename Lake Ontario as ‘Lake America’

Trump officially signs executive order directing government to rename Lake Ontario as ‘Lake America’

By Michelle L. Price, Will Weissert and The Associated PressAugust 28, 2026

DeSantis administration diverted $10 million meant to help poor children, Florida grand jury finds

DeSantis administration diverted $10 million meant to help poor children, Florida grand jury finds

By Jim Vertuno and The Associated PressAugust 28, 2026

Judge: Pentagon punished Anthropic for ‘arrogance,’ and that’s illegal

By Kaitlyn Huamani and The Associated PressAugust 28, 2026

‘I don’t have to announce everything, do I?’ Trump bristles at questions over blocked Hormuz, sanction-free China

By Aamer Madhani and The Associated PressAugust 28, 2026

Who pays for a shadow fleet oil spill? No one

Who pays for a shadow fleet oil spill? No one

By Charles Edward GehrkeAugust 28, 2026

susan

In border states, even Trump’s own party wants the Canada fight to be over

By Nick LichtenbergAugust 27, 2026

newsom

A consultant who once railed against ‘the billionaire boys club’ is now leading opposition to California’s wealth tax

By Mia OsmonbekovAugust 27, 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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