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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 27 of 100

scalia

Waiting 26 years ‘for this shoe to drop’: Musk’s AI company joins the fight to strip citizens of their power to sue

By Michael Phillis and The Associated PressAugust 8, 2026

Appeals court blocks Trump’s White House ballroom for now, saying it’s up to Congress and ‘not a matter for Executive self-help’

Appeals court blocks Trump’s White House ballroom for now, saying it’s up to Congress and ‘not a matter for Executive self-help’

By Darlene Superville, Michael Kunzelman and The Associated PressAugust 8, 2026

Samuel Alito defends his court decisions. ‘If that means a high correlation with what Trump wants, fine. If it means zero correlation…fine as well’

Samuel Alito defends his court decisions. ‘If that means a high correlation with what Trump wants, fine. If it means zero correlation…fine as well’

By The Associated PressAugust 8, 2026

Trump was reelected off a big boost from bro-podcasters — there still aren’t rules about influencers getting campaign cash

Trump was reelected off a big boost from bro-podcasters — there still aren’t rules about influencers getting campaign cash

By Sophie Austin and The Associated PressAugust 8, 2026

GOP senators look to pass Trump’s voting bill as part of a budget package that funds the Iran war and Pentagon after recess

GOP senators look to pass Trump’s voting bill as part of a budget package that funds the Iran war and Pentagon after recess

By Lisa Mascaro and The Associated PressAugust 8, 2026

Senate confirms Todd Blanche as attorney general by narrowest of margins in the middle of the night

Senate confirms Todd Blanche as attorney general by narrowest of margins in the middle of the night

By Alanna Durkin Richer, Lisa Mascaro and The Associated PressAugust 8, 2026

Mark Carney gestures with his hand as he stands next to Donald Trump in front of a white background.

It’s not just Canadian tourists snubbing U.S. cities. Business leaders are cancelling more trips to America as geopolitical tensions continue

By Sasha RogelbergAugust 8, 2026

AI labs shouldn’t be allowed to grade their own homework

By Andrew Freedman and Gillian HadfieldAugust 8, 2026

Trump tries again to fire Fed governor Lisa Cook after narrow Supreme Court decision, renewing battle over central bank independence

Trump tries again to fire Fed governor Lisa Cook after narrow Supreme Court decision, renewing battle over central bank independence

By Eric Tucker, Paul Wiseman and The Associated PressAugust 7, 2026

Venezuelan influencer Leonel Moreno (C) - aka "Leito oficial"- deported from the United States is escorted on arrival at Simon Bolivar International Airport in Maiquetia, Venezuela on March 28, 2025.

The deportation economy is backfiring on American workers, top economist warns

By Eva RoytburgAugust 7, 2026

ackman

Bill Ackman agrees with Jeff Bezos: Being a great CEO can do more for the world than philanthropy

By Nick LichtenbergAugust 7, 2026

Photo of Mamdani

Mamdani wants to form business panel with ex-Lazard, UBS bankers

By Bloomberg, Nacha Cattan and Amanda GordonAugust 7, 2026

Trump’s $400 million White House ballroom hits another legal roadblock

Trump’s $400 million White House ballroom hits another legal roadblock

By Michael Kunzelman, Bill Barrow and The Associated PressAugust 7, 2026

DOJ accuses Duke law school of favoring Black applicants over white and Asian ones

By The Associated PressAugust 7, 2026

Louisiana school board, federal government call time on more than 60 years of anti-segregation oversight

By The Associated PressAugust 7, 2026

elon

DOGE seems to have hallucinated government savings, like $1.7 billion from a contract it never canceled

By Kevin Freking and The Associated PressAugust 7, 2026

zuck

Meta hit with half-billion fine, compared by judge to polluting factory. Its stock fell half a percent

By Barbara Ortutay, Wufei Yu and The Associated PressAugust 7, 2026

The economy has been weaker than we thought as jobs report reveals 23,000 deficit in July

By Paul Wiseman and The Associated PressAugust 7, 2026

alaska

Murkowski defies Trump, says she will oppose Blanche’s nomination as Attorney General

By Bill Barrow, Alanna Durkin Richer and The Associated PressAugust 7, 2026

Trump’s grass obsession leads to White House summit with Scotts Miracle-Gro: ‘An amazing dialogue, talking grass for half an hour’

By Will Weissert and The Associated PressAugust 7, 2026

Trump hates offshore wind so much that he’s using taxpayer money for billion-dollar settlements to kill projects

By Jennifer McDermott and The Associated PressAugust 7, 2026

Fauci contempt vote opens door to DOJ prosecution — and a precedent for witnesses to refuse to even show up in the future

By Eric Tucker and The Associated PressAugust 7, 2026

‘Going rogue’: Is it time to stop talking about faulty AI frontier models as if they are people?

‘Going rogue’: Is it time to stop talking about faulty AI frontier models as if they are people?

By Kamal AhmedAugust 7, 2026

Ben Cohen speaking at SXSW London 2026, wearing a "Yo Magnum, Free Ben & Jerry's" button on his shirt pocket.

‘They ain’t got no soul’: How a Ben & Jerry’s cofounder became his own company’s biggest critic

By Sam BirchallAugust 7, 2026

U.S. puts $25 million bounty on new leader of Mexico’s most powerful cartel

U.S. puts $25 million bounty on new leader of Mexico’s most powerful cartel

By Megan Janetsky and The Associated PressAugust 6, 2026

RWE’s $1.22B exit marks the latest in Trump’s billion-dollar offshore wind buyouts—now topping $3B to redirect developers to fossil fuels

RWE’s $1.22B exit marks the latest in Trump’s billion-dollar offshore wind buyouts—now topping $3B to redirect developers to fossil fuels

By Jordan BlumAugust 6, 2026

Are you committing tax fraud? New York Gov. Kathy Hochul’s about to find out, all thanks to the pied-à-terre tax rollout

Are you committing tax fraud? New York Gov. Kathy Hochul’s about to find out, all thanks to the pied-à-terre tax rollout

By Catherina GioinoAugust 6, 2026

FIFA apologizes for failed Infantino bid to sell the World Cup to Trump’s in-laws, but throws ‘full support’ behind his continued presidency

FIFA apologizes for failed Infantino bid to sell the World Cup to Trump’s in-laws, but throws ‘full support’ behind his continued presidency

By James Robson and The Associated PressAugust 6, 2026

After Michigan, the Democratic Party’s Civil War moves next door to Wisconsin

By Scott Bauer and The Associated PressAugust 6, 2026

Senate panel to vote on Fauci contempt claim, whether to refer to DOJ for prosecution

By Eric Tucker and The Associated PressAugust 6, 2026

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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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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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