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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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U.S. to trim military exercises with South Korea after Trump says Seoul declined to help on Iran while the North is ‘unthreatening and respectful’

U.S. to trim military exercises with South Korea after Trump says Seoul declined to help on Iran while the North is ‘unthreatening and respectful’

By The Associated PressAugust 16, 2026

Avocado pickers in Mexico restart exports as security alert is lifted but are ‘at the mercy of whatever the U.S. market and government decide’

Avocado pickers in Mexico restart exports as security alert is lifted but are ‘at the mercy of whatever the U.S. market and government decide’

By María Verza, Armando Solis and The Associated PressAugust 16, 2026

Centcom chief calls carrier’s mission ‘one of the most operationally intense and consequential of the modern era’ amid mental health and supply issues

Centcom chief calls carrier’s mission ‘one of the most operationally intense and consequential of the modern era’ amid mental health and supply issues

By The Associated PressAugust 16, 2026

President Donald Trump boards Air Force One on August 9, 2026 at Morristown Airport in Morristown, New Jersey.

Trump’s grand plan to put American workers first may be backfiring as U.S.-born unemployment rises and wage growth stalls

By Eleanor PringleAugust 16, 2026

Trump administration tells Supreme Court that ballroom construction must go on despite order to stop, citing recent missile threat on Air Force One

Trump administration tells Supreme Court that ballroom construction must go on despite order to stop, citing recent missile threat on Air Force One

By Michael Kunzelman, Lindsay Whitehurst and The Associated PressAugust 15, 2026

‘I’ll never apologize’ — Trump brushes off Iran war’s impact on oil prices and calls aircraft carrier’s 240+ days at sea ‘not nearly long enough’

‘I’ll never apologize’ — Trump brushes off Iran war’s impact on oil prices and calls aircraft carrier’s 240+ days at sea ‘not nearly long enough’

By Konstantin Toropin, Aamer Madhani and The Associated PressAugust 15, 2026

What Bessent’s economic isolation of Iran could look like

What Bessent’s economic isolation of Iran could look like

By Magdalena Del Valle and BloombergAugust 15, 2026

Trump embraces a political strategy of being in charge of everything but responsible for nothing when things go badly

Trump embraces a political strategy of being in charge of everything but responsible for nothing when things go badly

By Will Weissert and The Associated PressAugust 15, 2026

Some gamblers are buying losing lottery tickets on eBay as a way to offset taxes on their gambling wins

Personal Finance

Some gamblers are buying losing lottery tickets on eBay as a way to offset taxes on their gambling wins

By Catherina GioinoAugust 15, 2026

Donald Trump and Scott Bessent sit next to each other.

‘If your tariff was 0%, there’s no need to commit fraud’: The White House is sounding off on a $112 billion tariff-dodging scheme it made worse

By Sasha RogelbergAugust 14, 2026

Luigi Mangione pleads guilty in killing of UnitedHeathcare CEO. ‘I shot Mr. Thompson in Manhattan and he died’

Luigi Mangione pleads guilty in killing of UnitedHeathcare CEO. ‘I shot Mr. Thompson in Manhattan and he died’

By Catherina GioinoAugust 14, 2026

Peter Navarro rips into China in White House report that is more about other countries aiding tariff avoidance

By The Associated Press and Josh BoakAugust 14, 2026

Sean Duffy speaks behind a podium. An American flag hangs behind him.

Facing a decadeslong shortage, the FAA has now hired more than 2,000 air traffic controllers after its campaign recruiting Gen Z video gamers

By Sasha RogelbergAugust 14, 2026

Photo of Trump

Trump’s ‘Golden Age’ economy pitch fizzles with midterm voters

By Josh Wingrove, Mark Niquette, Catherine Lucey and BloombergAugust 14, 2026

Photo of Selena Gomez

Arts & Entertainment

Selena Gomez accused of fraud by mental-health startup investors

By Sabrina Willmer, David Voreacos and BloombergAugust 14, 2026

Photo of Jared Kushner

Trump’s ‘Board of Peace’ with Jared Kushner, Tony Blair heads to Middle East to salvage Gaza peace deal

By Matthew Lee and The Associated PressAugust 14, 2026

Randall Lane probably didn’t break the law by accepting $6 million while working at Forbes, but he may still pay a price under a 140-year-old doctrine

Personal Finance

Randall Lane probably didn’t break the law by accepting $6 million while working at Forbes, but he may still pay a price under a 140-year-old doctrine

By Catherina GioinoAugust 14, 2026

Glenn Fogel runs the world’s largest online travel business. He still personally reads customer complaints because ‘you gotta get that sh*t right’

Glenn Fogel runs the world’s largest online travel business. He still personally reads customer complaints because ‘you gotta get that sh*t right’

By Kamal AhmedAugust 14, 2026

Philanthropy’s best-kept secret: the more you have, the less you’re required to give

By Vandana ArcotAugust 14, 2026

Francesca Hong smiles and waves at the crowd during an election-night party.

Prediction markets’ reputation comes back to earth after surprise result in Wisconsin

By Camila Grigera NaónAugust 13, 2026

Two ICE agents wearing camouflage gear with eye and face coverings.

The electric shock gloves ICE is spending up to $20 million on are already being given to police officers in Omaha public schools

By Sasha RogelbergAugust 13, 2026

Trump pivots to economic squeeze of ‘entrenched’ Iran regime

Trump pivots to economic squeeze of ‘entrenched’ Iran regime

By Magdalena Del Valle and BloombergAugust 13, 2026

Trump trade enforcers deploy AI in tariff evasion crackdown

By Laura Curtis and BloombergAugust 13, 2026

Trump wants big pharma to split kids’ vaccines. They’ll probably ignore him

Trump wants big pharma to split kids’ vaccines. They’ll probably ignore him

By Matthew Perrone and The Associated PressAugust 13, 2026

Trump’s tariff was a $1,000 tax on you last year. This year, maybe you’ll get a small refund in your bank account

Trump’s tariff was a $1,000 tax on you last year. This year, maybe you’ll get a small refund in your bank account

By Mae Anderson and The Associated PressAugust 13, 2026

Photo of Trump holding up printed-out Truth Social post

Trump sued over ‘selling priority access to news he himself generates for the benefit of a private company he controls’

By Bernard Condon and The Associated PressAugust 13, 2026

Trump, Medicaid and LGBTQ+ rights: He calls them ‘barbaric surgeries,’ critics say he’s ‘terrorizing trans youth’

Trump, Medicaid and LGBTQ+ rights: He calls them ‘barbaric surgeries,’ critics say he’s ‘terrorizing trans youth’

By Geoff Mulvihill and The Associated PressAugust 13, 2026

How Zohran Mamdani’s pied-a-terre tax united the ultrawealthy and the moderately wealthy — in opposition

By Anthony Izaguirre and The Associated PressAugust 13, 2026

Lilly escalates its fight against black market weight-loss shots

By Bloomberg and Madison MullerAugust 12, 2026

Photo of a Polymarket ad in a subway station

New York City probes Kalshi and Polymarket over social harms

By Bloomberg and Nicola M. WhiteAugust 12, 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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