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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 24 of 100

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

Dr. Erica Schwartz testifies during a Senate Health Education Labor and Pensions committee confirmation hearing to be the director of the Centers for Disease Control and Prevention on Capitol Hill.

‘Often flying blind’: Up to $246 million of taxpayer-funded CDC programs are largely unstaffed

By The Associated Press and Mike StobbeAugust 19, 2026

How a DIY Adobe Illustrator design landed Rebel Creamery in a $23.8 million fight with Van Leeuwen

How a DIY Adobe Illustrator design landed Rebel Creamery in a $23.8 million fight with Van Leeuwen

By Sarah GlodekAugust 19, 2026

From Pennsylvania to Ohio to Texas, the governors’ races are all coming down to data centers

By Marc Levy and The Associated PressAugust 19, 2026

Afghanistan’s grape harvest is turning into raisins — literally — as exports collapse

Afghanistan’s grape harvest is turning into raisins — literally — as exports collapse

By ABDUL QAHAR AFGHAN and The Associated PressAugust 19, 2026

The IRS is scrutinizing how UnitedHealth moved money through foreign subsidiaries—and whether it underpaid taxes

The IRS is scrutinizing how UnitedHealth moved money through foreign subsidiaries—and whether it underpaid taxes

By Tatiana SatauaAugust 19, 2026

The U.S. built its brand by attracting the world’s best and brightest. It must not lose that advantage

By John A. QuelchAugust 18, 2026

Dave Sunday gestures while speaking to the audience in the Forum Auditorium across the street from the Capitol after taking the oath of office to become Pennsylvania's next attorney general.

2 Penn State frats were main suppliers in ‘upper level trafficking’ cocaine ring, authorities say

By The Associated Press and Josh KeletyAugust 18, 2026

Biden’s favor to Trump on cheaper drug prices includes a largely forgotten law to make Medicare more powerful

Biden’s favor to Trump on cheaper drug prices includes a largely forgotten law to make Medicare more powerful

By The Associated Press and Ali SwensonAugust 18, 2026

The Buss family wants an ‘exit gracefully.’ Jeanie Buss says no

By Greg Beacham and The Associated PressAugust 18, 2026

BANDAR ABBAS, IRAN - A person wades in the water as ships are seen anchored in the Strait of Hormuz on Aug. 10, 2026 off the coast of Bandar Abbas, Iran. In a recent statement, Iran's Supreme National Security Council said the vital waterway would not reopen until the United States corrects its behavior, demanding that the U.S. end its war on Iran and compensate the country for war damage, among other conditions. Iran has largely halted vessel traffic through the strait with the threat of strikes; meanwhile, the U.S. has imposed a blockade on Iranian ports.

The Iran war may kill the ‘freedom of seas’ worldwide and everyone would pay the price

By Jordan BlumAugust 18, 2026

Photo of Chris Larsen

California’s billionaires just poured $40 million into blocking a wealth tax that threatens to force them to pay 5% of their net worth

By Marco Quiroz-GutierrezAugust 18, 2026

New Mexico’s attorney general reportedly pushes new social media safety laws a day before 29 AGs testify against Meta in federal trial

New Mexico’s attorney general reportedly pushes new social media safety laws a day before 29 AGs testify against Meta in federal trial

By Catherina GioinoAugust 17, 2026

57 Trump officials are worth $100 million or more—quadruple the combined total of the last three presidents

57 Trump officials are worth $100 million or more—quadruple the combined total of the last three presidents

By The Associated Press and Thomas BeaumontAugust 17, 2026

Photo of Chris Wright speaking at a podium

U.S. strategic reserves are getting so low the drawdown threatens to damage the 60 underground salt caverns storing American oil

By Sasha RogelbergAugust 17, 2026

Trump pivoted from bombs to an economic war against Iran. But Tehran is now ‘fully offensive’ and doesn’t think the real fighting has even started yet

Trump pivoted from bombs to an economic war against Iran. But Tehran is now ‘fully offensive’ and doesn’t think the real fighting has even started yet

By Jason MaAugust 17, 2026

China, the EU, and Singapore are pushing back against the White House’s new ‘Great Transshipment Scam’ report

China, the EU, and Singapore are pushing back against the White House’s new ‘Great Transshipment Scam’ report

By Angelica AngAugust 17, 2026

Canadian auto billionaire’s fortune doubles even with US tariffs

Canadian auto billionaire’s fortune doubles even with US tariffs

By Ari Altstedter and BloombergAugust 17, 2026

Photo of Union Pacific frreight

The great modern train robbery: Thieves steal $200 million a year

By Bloomberg and Kiel PorterAugust 17, 2026

Photo of Trump and American flags

Trump’s Venezuela fixer is promoting ‘America First’ oil deals

By Fabiola Zerpa, Ezra Fieser, Patricia Garip, Ben Bartenstein and BloombergAugust 17, 2026

work

Walmart and McDonald’s aren’t the SNAP kings anymore — Uber, Lyft and DoorDash lead in workers on food stamps

By Jacob Lederman and The ConversationAugust 17, 2026

lula

Lula opens a U.S. tariff fight with big tech in the crosshairs

By Mauricio Savarese and The Associated PressAugust 17, 2026

Travel & Leisure

Miami’s wreck of a gorgeous floating stadium where Elvis and Jimmy Buffett has a chance to come back from the dead

By David Fischer and The Associated PressAugust 17, 2026

The pandemic loan was for a tire shop. Prosecutors say it helped elect a mayor

By Michael Casey and The Associated PressAugust 17, 2026

Florida gerrymandering puts Debbie Wasserman Schultz in awkward position of running to represent 42% Black district

By Bill Barrow and The Associated PressAugust 17, 2026

Blanche defends reflecting pool prosecutor who angered Trump

Blanche defends reflecting pool prosecutor who angered Trump

By Tony Czuczka and BloombergAugust 16, 2026

Dimon warns UK’s Healey against raising taxes on banks, FT says

Dimon warns UK’s Healey against raising taxes on banks, FT says

By Tony Czuczka and BloombergAugust 16, 2026

BBC asks U.S. court to help get testimony from Ivanka Trump, Jared Kushner and Don Jr., saying they have ‘personal knowledge’ on defamation claims

BBC asks U.S. court to help get testimony from Ivanka Trump, Jared Kushner and Don Jr., saying they have ‘personal knowledge’ on defamation claims

By Sylvia Hui and The Associated PressAugust 16, 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

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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

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By Catherina GioinoNovember 6, 2026

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