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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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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

More NewsPage 23 of 100

A trader trading crypto on their phone.

Bitcoin soars to nearly $80,000—but crypto’s new favorite coin, Hyperliquid, is stealing its thunder

By Camila Grigera NaónAugust 21, 2026

Eric Schmidt, chief executive officer of Relativity Space and former chief executive officer of Google, during the America Business Forum in Miami, Florida.

Eric Schmidt is reportedly at odds with Google cofounder Sergey Brin over how a $100 million campaign against California’s billionaire tax is spent

By Joshua HongAugust 21, 2026

Donald Trump, standing behind a podium, points in front of him with Scott Bessent standing behind him.

‘Damage from the chaotic tariff regime cannot be refunded’: The $100 billion in refunds have wiped out revenue the import taxes brought in since May

By Sasha RogelbergAugust 21, 2026

The banking lobby’s bad faith campaign to kill the Clarity Act will backfire

The banking lobby’s bad faith campaign to kill the Clarity Act will backfire

By Omid MalekanAugust 21, 2026

Cuba opened its economy on Washington’s orders. Rubio’s answer: more sanctions

Cuba opened its economy on Washington’s orders. Rubio’s answer: more sanctions

By Edith M. Lederer and The Associated PressAugust 21, 2026

Fortune 500 Power Moves: Which executives gained and lost power, Aug. 8-21, 2026

Fortune 500 Power Moves: Which executives gained and lost power, Aug. 8-21, 2026

By Fortune EditorsAugust 21, 2026

New York Times correction over a college basketball player wrongly named at the scene of a shooting leads to $9.25 million jury verdict

New York Times correction over a college basketball player wrongly named at the scene of a shooting leads to $9.25 million jury verdict

By The Associated PressAugust 21, 2026

The changing college sports landscape has women’s programs turning to philanthropy as funding dries up

The changing college sports landscape has women’s programs turning to philanthropy as funding dries up

By The Associated Press and James PollardAugust 21, 2026

America faces an affordability crisis like the one from 25 years ago, but needs a fresh solution

By Amos Winter and Vijay GovindarajanAugust 21, 2026

Steps to the United States Supreme Court.

Prediction market exec says gambling fight could reach Supreme Court by June

By Camila Grigera NaónAugust 21, 2026

Scott Kupor, wearing a suit, looks forward and frowns.

Exclusive: The man leading Trump’s RTO charge for government workers says he filmed a video in front of a blank wall to avoid work-from-home suspicion

By Sasha RogelbergAugust 20, 2026

President Donald Trump speaks during a meeting with technology leaders in the Roosevelt Room of the White House.

Trump oblivious to voter fury about data centers, saying ‘the jobs are enormous and the money paid, the taxes paid, are just enormous’

By Jesse Bedayn, Marc Levy, Scott Bauer and The Associated PressAugust 20, 2026

Scott Bessent on the national debt: ‘There’s nothing magic about the $40 trillion number’

By Nick LichtenbergAugust 20, 2026

Democratic U.S. Senate candidate, Florida state Rep. Angie Nixon participates in a worship service during a visit to the Ebenezer Missionary Baptist Church.

Another Democratic primary, another shocking DSA upset as Angie Nixon adds to moderates’ heartburn over seemingly unstoppable wave

By The Associated Press and Matt BrownAugust 20, 2026

Exclusive: A leader in Venezuela’s National Assembly engages ‘money doctor’ Steve Hanke for a dose of dollarization medicine in a nation sick from hyperinflation

By Shawn TullyAugust 20, 2026

‘Game-changer’ GLP-1s could fix America’s obesity crisis—but 2 inequalities stand in the way

By Nick LichtenbergAugust 20, 2026

Governor races present ‘unique moment’ as historic number of Black candidates climbs to 8

Governor races present ‘unique moment’ as historic number of Black candidates climbs to 8

By Bill Barrow, Steven Sloan and The Associated PressAugust 20, 2026

Photo of Stars and Stripes newspaper

The military’s own newspaper is too ‘woke’ for Pete Hegseth as longtime Stars and Stripes publisher retires after decades of service

By Jocelyn Noveck and The Associated PressAugust 20, 2026

You are paying for your favorite college athlete now: ‘the next stage of the arms race’

You are paying for your favorite college athlete now: ‘the next stage of the arms race’

By David A. Lieb and The Associated PressAugust 20, 2026

Trump calls his new FDA pick ‘Dr. Heidi.’ Patty Murray calls her a ‘far-right, anti-abortion extremist’

Trump calls his new FDA pick ‘Dr. Heidi.’ Patty Murray calls her a ‘far-right, anti-abortion extremist’

By Ali Swenson and The Associated PressAugust 20, 2026

canada

Trump’s Canada tariff threat produces a deal with no public terms

By Rob Gillies, Paul Wiseman, Seung Min Kim and The Associated PressAugust 20, 2026

Meta faces a $1.4 trillion threat that could mean ‘turning in the keys and walking away’—but the stakes of the case reach across tech

Meta faces a $1.4 trillion threat that could mean ‘turning in the keys and walking away’—but the stakes of the case reach across tech

By Tatiana SatauaAugust 20, 2026

Emil Michael, under secretary of defense for research and engineering nominee for US President Donald Trump.

Pentagon pushes ‘zero tolerance’ audit on foreign university partnerships that ‘compromise our national security’

By The Associated Press and Heather HollingsworthAugust 19, 2026

Geopolitical risk needs to move away from the ‘after-dinner speaker’: Eurasia Group and Rio Tinto’s Dominic Barton

Geopolitical risk needs to move away from the ‘after-dinner speaker’: Eurasia Group and Rio Tinto’s Dominic Barton

By Nicholas GordonAugust 19, 2026

National debt crosses $40 trillion and think tank warns: ‘The level of fiscal mismanagement is tragic

By Eleanor PringleAugust 19, 2026

Lindsay Clancy was ‘begging for help’ and feared drug dependence in weeks before her children died, ex-mother-in-law testifies

Lindsay Clancy was ‘begging for help’ and feared drug dependence in weeks before her children died, ex-mother-in-law testifies

By The Associated Press and Leah WillinghamAugust 19, 2026

A woman inspired by Luigi Mangione to try bombing Scott Bessent gets hit with 6 years in prison

A woman inspired by Luigi Mangione to try bombing Scott Bessent gets hit with 6 years in prison

By Michael Kunzelman and The Associated PressAugust 19, 2026

78-year-old ex-Fauci adviser pleads guilty to concealing COVID-19 origin research records using private email

78-year-old ex-Fauci adviser pleads guilty to concealing COVID-19 origin research records using private email

By The Associated PressAugust 19, 2026

Jimmy Kimmel feud with Trump escalates to ABC suing the FCC over threats to its broadcast licenses

Jimmy Kimmel feud with Trump escalates to ABC suing the FCC over threats to its broadcast licenses

By Jocelyn Noveck and The Associated PressAugust 19, 2026

A Democratic Socialist just defeated a central figure in Trump’s first impeachment trial in a Florida primary

By Matt Brown and The Associated PressAugust 19, 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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