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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

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

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Trump’s farmworker pay cut moved $2.5 billion a year from workers to growers. A judge says it’s illegal, and back pay could follow

Trump’s farmworker pay cut moved $2.5 billion a year from workers to growers. A judge says it’s illegal, and back pay could follow

By Molly A. WallaceOctober 28, 2026

Obama mocked Trump’s gold White House as a Cheesecake Factory. The chain just posted a record quarter

Obama mocked Trump’s gold White House as a Cheesecake Factory. The chain just posted a record quarter

By Andrew McGowanOctober 28, 2026

Anthropic flags U.S. immigration policy as a risk factor in its historic IPO

Anthropic flags U.S. immigration policy as a risk factor in its historic IPO

By Marco Quiroz-GutierrezOctober 28, 2026

Photo of Gavin Newsom

Newsom agrees smart glasses need privacy rules—just not the ones California lawmakers wrote

By Tatiana SatauaOctober 27, 2026

Photo of Donald Trump

The Trump admin said energy costs were a small price to pay in Iran war, but U.S. consumers are paying nearly 8x more than anyone else in fuel costs

By Sasha RogelbergOctober 27, 2026

Top data scientist sees Republican Senate chances rise slightly, but model still predicts that Democrats will flip 5 seats

Top data scientist sees Republican Senate chances rise slightly, but model still predicts that Democrats will flip 5 seats

By Shawn TullyOctober 27, 2026

This is the front of a JPMorgan office building.

JPMorgan asks judge to dismiss ex-banker’s ‘sex slave’ suit as his sister recants and a third law firm seeks to drop him

By Morgan ChittumOctober 27, 2026

Photo of Sen. Bernie Sanders in front of a banner that says Billionaire Tax Now

About 70% of tax scholars would vote against California’s billionaire tax, a new survey finds

By Catherina GioinoOctober 27, 2026

A sticker with the image of U.S. President Donald Trump is adhered to a pump at a BP gas station on April 17, 2026 in Asheville, North Carolina

Trump calls the gas price a ‘small price to pay’ for a righteous war in Iran. Voters are about to tell him what they think

By Thomas Beaumont, Aamer Madhani and The Associated PressOctober 27, 2026

U.S. classes helium as a critical material for semiconductors — after Iran War makes it hard to source from Qatar

U.S. classes helium as a critical material for semiconductors — after Iran War makes it hard to source from Qatar

By The Associated Press, Jennifer McDermott and Alexa St. JohnOctober 27, 2026

coke

Former Trump official: intellectual property is the ‘great equalizer’

By Coke Morgan StewartOctober 27, 2026

Donald Trump sits in the Oval Office with people in cowboy hats standing behind him

Trump promised 300,000 tons of beef imports at lower tariff rates to reduce grocery costs. Instead, shipments have lagged and prices haven’t budged

By Sasha RogelbergOctober 26, 2026

Pentagon orders bases to plan for 90 days without the grid as Britain urges families to stockpile food and water

Pentagon orders bases to plan for 90 days without the grid as Britain urges families to stockpile food and water

By Bilin LinOctober 26, 2026

Assistant U.S. Attorney Maurene Comey is outside court during the Sean "Diddy" Combs' sex trafficking trial.

‘The President is not above the law’: Judge finds DOJ illegally fired James Comey’s daughter

By The Associated Press, Michael R. Sisak, Eric Tucker, Larry Neumeister and Alanna Durkin RicherOctober 26, 2026

Protesters march during a demonstration against rising living costs in Paris.

France has a plan to calm furious students. There’s just one catch: Macron won’t be president when it happens

By Thomas Adamson, Sylvie Corbet and The Associated PressOctober 26, 2026

Signage is displayed outside of a Dollar General discount store in Inglewood, California.

‘Imposed significant financial harm’: 20 states join the FTC in suing Dollar General for ‘deceptive pricing practices’ despite ‘corporate knowledge’

By The Associated Press and Anne D'InnocenzioOctober 26, 2026

Two of three appeals judges appear skeptical of Justice Department push to hold California ballots from 20,000 flagged voters

By The Associated Press and Rebecca BooneOctober 26, 2026

Columbia College Chicago student Kailey Ryan reads a newspaper in Chicago on Nov. 5, 2024.

It’s not just journalists suing Trump over White House media bans anymore. Now their readers are too

By Jocelyn Noveck and The Associated PressOctober 26, 2026

A Palestinian boy makes his way through the rubble of a home destroyed in an overnight Israeli strike in Nuseirat, in the central Gaza Strip.

U.N.-commissioned experts say Israel is still committing genocide in Gaza despite the ceasefire. Israel calls for the commission to be dissolved

By The Associated Press and Julia FrankelOctober 26, 2026

Benjamin Netanyahu, Israel's prime minister, during the United Nations General Assembly (UNGA) in New York, US.

‘My eyes are on you’: Netanyahu denies allegations of initiating attack on Iran ‘out of fear of losing the election’ amid final 24 hours of voting

By The Associated Press and Melanie LidmanOctober 26, 2026

Trump critic Lula wins reelection, saying Brazil is not ‘anyone’s backyard,’ while Bolsonaro asks for results to be annulled

Trump critic Lula wins reelection, saying Brazil is not ‘anyone’s backyard,’ while Bolsonaro asks for results to be annulled

By ELÉONORE HUGHES, Mauricio Savarese and The Associated PressOctober 26, 2026

Air Force One passengers reveal Trump’s inner circle and who is ‘whispering in his ear and talking softly in private quarters’

Air Force One passengers reveal Trump’s inner circle and who is ‘whispering in his ear and talking softly in private quarters’

By Josh Boak and The Associated PressOctober 25, 2026

Forget the House and the Senate, the economy may hinge on state and local races in the midterm elections

Forget the House and the Senate, the economy may hinge on state and local races in the midterm elections

By Jason MaOctober 25, 2026

Audi CEO Gernot Döllner appears on stage with Trump at a Republican campaign rally to announce a new car factory in Georgia

Audi CEO Gernot Döllner appears on stage with Trump at a Republican campaign rally to announce a new car factory in Georgia

By Jill Colvin, Josh Boak and The Associated PressOctober 25, 2026

As Mideast braces for all-out war to resume, Iran is still passing messages to the U.S. via intermediaries, foreign ministry says

As Mideast braces for all-out war to resume, Iran is still passing messages to the U.S. via intermediaries, foreign ministry says

By The Associated PressOctober 25, 2026

With Senate control at stake, attorney general defends Trump’s lawsuit to block certification of Alaska race if the GOP candidate loses

With Senate control at stake, attorney general defends Trump’s lawsuit to block certification of Alaska race if the GOP candidate loses

By Michael Kunzelman and The Associated PressOctober 25, 2026

Tens of thousands of Israelis living abroad are expected to fly home to vote in a close election after many anti-Netanyahu liberals left the country

Tens of thousands of Israelis living abroad are expected to fly home to vote in a close election after many anti-Netanyahu liberals left the country

By The Associated PressOctober 25, 2026

This three-time Trump supporter voted for a Democrat for the first time ever as massive medical bills outweigh her anti-abortion stance

This three-time Trump supporter voted for a Democrat for the first time ever as massive medical bills outweigh her anti-abortion stance

By Jesse Bedayn and The Associated PressOctober 25, 2026

midterms

Americans say the economy is bad but keep spending. Don’t mistake the midterm polls for a forecast

By Kari ButcherOctober 25, 2026

Michael Buckley attends True Religion ATL Grand Opening event at Cumberland Mall on October 26, 2023 in Atlanta, Georgia.

‘We like to be first to be second’: How True Religion’s CEO is rebuilding the denim brand for Gen Z and millennials

By Tatiana SatauaOctober 25, 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

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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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