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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

More NewsPage 22 of 100

Secret Service reviews apparent Iranian state media threat against life of Barron Trump

Secret Service reviews apparent Iranian state media threat against life of Barron Trump

By The Associated PressAugust 25, 2026

Trump floats renaming Lake Ontario as ‘Lake America’ amid Canada trade war

Trump floats renaming Lake Ontario as ‘Lake America’ amid Canada trade war

By Darlene Superville, Rob Gillies and The Associated PressAugust 25, 2026

UN warns world is ‘dangerously close’ to letting machines autonomously target and kill humans

By The Associated PressAugust 25, 2026

Lindsay Clancy case: forensic psychologist testifies that an 18-minute hallucination that lasts as long as 3 murders is not psychosis

By Michael Casey and The Associated PressAugust 25, 2026

US President Donald Trump, right, followed by Scott Bessent, US treasury secretary, exit the South Portico of the White House before boarding Marine One in Washington, DC, US, on Saturday, Dec. 13, 2025.

Trump plans to grow his way out of $40 trillion debt crisis—it’s a ‘fantastic story’ but virtually impossible, says top budget economist

By Eleanor PringleAugust 25, 2026

Mark Drapeau is founding partner of Veleonis and editor in chief of the Data Catalyst Institute.

The data-center backlash has broken into the midterms but the industry’s problem is larger than communications: America needs a new bargain

By Mark DrapeauAugust 25, 2026

U.S. prepares largest mass visa revocation in history, targeting up to 200,000 foreigners who are seeking asylum

U.S. prepares largest mass visa revocation in history, targeting up to 200,000 foreigners who are seeking asylum

By Matthew Lee and The Associated PressAugust 24, 2026

Treasury Secretary Scott Bessent becomes the tip of the spear in the war on Iran and the bond vigilantes as the U.S. readies more financial firepower

Treasury Secretary Scott Bessent becomes the tip of the spear in the war on Iran and the bond vigilantes as the U.S. readies more financial firepower

By Jason MaAugust 24, 2026

Photo of Elon Musk

‘It’s hard to know exactly what the objective of DOGE was’: Former IRS boss warns Elon Musk’s cuts to the tax agency will be felt in years to come

By Sasha RogelbergAugust 24, 2026

President Donald Trump tees off during the opening ceremony for the Trump International Golf Links golf course.

Travel & Leisure

Trump ripped Obama for flying long distances to play golf. Now he’s flying to the Irish Open

By Will Weissert and The Associated PressAugust 24, 2026

greg

Greg Abbott turned from data center ‘epicenter’ booster to skeptic—and Trump is calling it an economic ‘mistake’

By Nick LichtenbergAugust 24, 2026

Photo of Pete Hegseth

U.S. strikes another boat in Eastern Pacific as death toll tops 210 in anti-cartel war

By Bill Barrow and The Associated PressAugust 24, 2026

Photo of Iran's currency rial

Iran calls U.S. sanctions support ‘act of war’ as its currency crumbles

By The Associated PressAugust 24, 2026

Photo of a Flock camera in Lawnside, New Jersey

Meet Flock, the $8 billion startup backed by a16z and Tiger facing growing backlash against surveillance capitalism

By Catherina GioinoAugust 24, 2026

As Trump administration readies economic warfare measures against Iran, top security official vows retaliation ‘in a seismic manner’

As Trump administration readies economic warfare measures against Iran, top security official vows retaliation ‘in a seismic manner’

By The Associated PressAugust 23, 2026

Jared Kushner has negotiated with adversaries like Iran as Trump’s envoy. Now he’s talking with the House Democratic leader ahead of midterms

Jared Kushner has negotiated with adversaries like Iran as Trump’s envoy. Now he’s talking with the House Democratic leader ahead of midterms

By Lisa Mascaro and The Associated PressAugust 23, 2026

Trump panic mounts as judge rules his financial records fair game in his own BBC defamation lawsuit

Trump panic mounts as judge rules his financial records fair game in his own BBC defamation lawsuit

By Michael Kunzelman and The Associated PressAugust 23, 2026

nancy

Nancy Kassebaum Baker said she’d ‘rather cuddle up and do needlepoint all day,’ but became a rare Republican to call for Trump’s impeachment

By John Hanna and The Associated PressAugust 23, 2026

japan

Japan’s PM is barely sleeping and rarely leaving her office in the name of ‘efficiency.’ Her approval rating disagrees

By Mari Yamaguchi and The Associated PressAugust 23, 2026

‘We’re going to hit back’ — Canada does what many other U.S. allies have avoided: risk economic pain rather than yield to tariff pressure

‘We’re going to hit back’ — Canada does what many other U.S. allies have avoided: risk economic pain rather than yield to tariff pressure

By Rob Gillies and The Associated PressAugust 23, 2026

buc-ees

Buc-ee’s Buckeye backlash as beaver infringement lawsuit infuriates Mini Mart maniacs in Ohio

By Julie Carr Smyth and The Associated PressAugust 23, 2026

Photos of Elon Musk (left) and Sen. Bernie Sanders

Personal Finance

Taxing all 938 billionaires at 100% wouldn’t stop the $40 trillion national debt, says Elon Musk. Bernie Sanders says tax them 5% and send you a check

By Catherina GioinoAugust 23, 2026

Los Angeles Dodgers Owner and Chairman Mark Walter looks on before game one of the National League Championship Series.

Mark Walter’s sports empire offers a glimpse of the money machine behind private credit—and the plumbing keeping it together

By Joshua HongAugust 23, 2026

Venezuela abandoning the bolivar and adopting the U.S. dollar would be the biggest currency switch since the advent of the euro, Hanke says

Venezuela abandoning the bolivar and adopting the U.S. dollar would be the biggest currency switch since the advent of the euro, Hanke says

By Jason Ma and Shawn TullyAugust 22, 2026

Trump’s stock disclosure shows more than 1,000 trades in June

Trump’s stock disclosure shows more than 1,000 trades in June

By Hadriana Lowenkron and BloombergAugust 22, 2026

aes

Abdul El-Sayed used Mamdani’s social media playbook to overcome a 9:1 spending deficit. Now he’s facing slander about 9/11

By Michael Traugott and The ConversationAugust 22, 2026

oil

Trump says oil companies are ‘making too much money.’ Their own balance sheets agree

By Tibor Besedeš and The ConversationAugust 22, 2026

TikTok settles children’s privacy suit with DOJ for $400 million

By Barbara Ortutay and The Associated PressAugust 22, 2026

Trump remakes Rose Garden with loans from secret Supreme Court megadonor Harlan Crow

By Darlene Superville and The Associated PressAugust 22, 2026

Harvard to pay $53 million after former morgue manager sold body parts on black market

By Leah Willingham and The Associated PressAugust 22, 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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