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1

Florida voters nearly tripled the homeowner tax break — blowing an $11.8 billion hole in county budgets

2

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

3

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

1

Florida voters nearly tripled the homeowner tax break — blowing an $11.8 billion hole in county budgets

2

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

3

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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Law
Politics
Florida’s new property tax cuts could defund the police, fire fighters and EMS in small towns, threatening ‘rural dark ages,’ former GOP lawmaker says
Florida’s new property tax cuts could defund the police, fire fighters and EMS in small towns, threatening ‘rural dark ages,’ former GOP lawmaker says

“A thinner tax base means fewer services. The dark ages won’t arrive all at once. They’ll arrive one closed fire station at a time.”

By Jason MaNovember 7, 2026
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
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
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Law
More in Law
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 Law
Politics
More in Politics
‘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

During the summer, the U.S. and Iran agreed to an initial 14-point memorandum of understanding that, if finalized, could have brought a permanent end to the hostilities.

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

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
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ballroom construction
Politics
National Trust presses ahead with $400M suit against Trump’s ballroom after DOJ request
By The Associated Press and Meg KinnardApril 27, 2026
A frontier plane with the New York-New York Hotel and Casino on the Las Vegas Strip in the background
Energy
As Spirit Airlines looks for a lifeline, Frontier and Avelo are asking the Trump administration for $2.5 billion to cover jet fuel costs
By Jacqueline MunisApril 27, 2026
Marc benioff
AI
Salesforce CEO Marc Benioff says AI won’t kill entry-level jobs. He’s hiring 1,000 new grads to prove it
By Jake AngeloApril 27, 2026
United Airlines CEO says a proposed merger would benefit travelers, but American still won’t return his calls
Politics
United Airlines CEO says a proposed merger would benefit travelers, but American still won’t return his calls
By Matt Ott and The Associated PressApril 27, 2026
Iran offers to reopen Strait of Hormuz amid oil price surge, but Trump seems unlikely to accept
Politics
Iran offers to reopen Strait of Hormuz amid oil price surge, but Trump seems unlikely to accept
By Samy Magdy, Jon Gambrell, Elena Becatoros and The Associated PressApril 27, 2026
‘Capitalism works because the losers die’: Kevin O’Leary says it’s a ‘really bad idea’ for the federal government to bail out Spirit Airlines
Economy
‘Capitalism works because the losers die’: Kevin O’Leary says it’s a ‘really bad idea’ for the federal government to bail out Spirit Airlines
By Sydney LakeApril 27, 2026
Daughter of former Uzbek president accused of masterminding $100 million crime ring known as ‘The Office’
Law
Daughter of former Uzbek president accused of masterminding $100 million crime ring known as ‘The Office’
By Jamey Keaten and The Associated PressApril 27, 2026
A bank robber made off with $195,000 and got caught after his cell pinged a geofence. Now SCOTUS decides whether that violated the Fourth Amendment
Law
A bank robber made off with $195,000 and got caught after his cell pinged a geofence. Now SCOTUS decides whether that violated the Fourth Amendment
By The Associated Press and Mark ShermanApril 27, 2026
Palantir Technologies CEO Alex Karp in Davos, Switzerland in January 2026. (Photo by Fabrice Coffrini/AFP/Getty Images)
Newsletters
Palantir staff reportedly question company’s commitment to civil liberties
By Andrew NuscaApril 27, 2026
Photo: Donald Trump addresses the media.
Politics
A manifesto, a train ride, and gaps in security that let a shooter get near Trump
By Jim EdwardsApril 27, 2026
DOJ uses White House correspondents’ dinner shooting to pressure preservations to drop lawsuit over Trump’s $400 million ballroom
Politics
DOJ uses White House correspondents’ dinner shooting to pressure preservations to drop lawsuit over Trump’s $400 million ballroom
By Meg Kinnard and The Associated PressApril 26, 2026
John Ternus, Apple’s new CEO, inherits a rebounding China business—and some messy headaches
Asia
John Ternus, Apple’s new CEO, inherits a rebounding China business—and some messy headaches
By Nicholas GordonApril 26, 2026
Another attack at ‘Hinckley Hilton’ raises new security concerns
Politics
Another attack at ‘Hinckley Hilton’ raises new security concerns
By Josh Wingrove, Myles Miller, Hadriana Lowenkron and BloombergApril 26, 2026
Sergey Brin confronted Gavin Newsom at a treehouse party — then launched a political war
Politics
Sergey Brin confronted Gavin Newsom at a treehouse party — then launched a political war
By Eliyahu Kamisher, Biz Carson and BloombergApril 26, 2026
After the gunshots, JD Vance was first to be pulled off stage, then Trump and the first lady. Someone started a ‘U.S.A.’ chant but was shushed
Politics
After the gunshots, JD Vance was first to be pulled off stage, then Trump and the first lady. Someone started a ‘U.S.A.’ chant but was shushed
By Calvin Woodward and The Associated PressApril 26, 2026
The White House correspondents’ dinner shooting suspect apparently traveled by train with guns. ‘This isn’t about, in my mind, changing the law’
Politics
The White House correspondents’ dinner shooting suspect apparently traveled by train with guns. ‘This isn’t about, in my mind, changing the law’
By Jason MaApril 26, 2026
The suspect in the White House correspondents’ dinner shooting referred to himself as a ‘Friendly Federal Assassin’ and railed against Trump policies
Politics
The suspect in the White House correspondents’ dinner shooting referred to himself as a ‘Friendly Federal Assassin’ and railed against Trump policies
By Eric Tucker, Alanna Durkin Richer and The Associated PressApril 26, 2026
The presidential line of succession was at the shooting that targeted the Trump administration. Amid security doubts, ‘the system worked,’ AG says
Politics
The presidential line of succession was at the shooting that targeted the Trump administration. Amid security doubts, ‘the system worked,’ AG says
By Jason MaApril 26, 2026
Suspect in DC dinner attack spent several years acquiring guns
Law
Suspect in DC dinner attack spent several years acquiring guns
By Myles Miller and BloombergApril 26, 2026
Iran’s foreign minister returns to Pakistan as Islamabad races to save U.S. ceasefire talks while Tehran seeks Hormuz toll with Oman
Politics
Iran’s foreign minister returns to Pakistan as Islamabad races to save U.S. ceasefire talks while Tehran seeks Hormuz toll with Oman
By Munir Ahmed, Samy Magdy, Melanie Lidman and The Associated PressApril 26, 2026
Sen. Thom Tillis says he’s ready to move ahead with confirming Warsh as Fed chair after DOJ drops probe on Powell
Banking
Sen. Thom Tillis says he’s ready to move ahead with confirming Warsh as Fed chair after DOJ drops probe on Powell
By The Associated PressApril 26, 2026
Here’s how the ‘multi-layered protection’ at the White House correspondents’ dinner worked and how the hotel added security after Reagan was shot
Politics
Here’s how the ‘multi-layered protection’ at the White House correspondents’ dinner worked and how the hotel added security after Reagan was shot
By Konstantin Toropin and The Associated PressApril 26, 2026
Accused gunman at correspondents’ dinner was likely targeting Trump and top officials after traveling by train to D.C., Blanche says
Politics
Accused gunman at correspondents’ dinner was likely targeting Trump and top officials after traveling by train to D.C., Blanche says
By Eric Tucker, Alanna Durkin Richer and The Associated PressApril 26, 2026
POLAND - 2026/03/16: In this photo illustration, the Polymarket logo is displayed on a smartphone with stock market percentages in the background. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images)
Investing
Kalshi and Polymarket are racing to ban insider trading. The economist who built the theory behind prediction markets says it’s the whole point
By Eva RoytburgApril 26, 2026
Fortune Archives: The Buffett Indicator, explained by the Oracle of Omaha himself
Newsletters
Fortune Archives: The Buffett Indicator, explained by the Oracle of Omaha himself
By Shawn TullyApril 26, 2026
Photo: Donald Trump
Politics
What’s known about the man charged with attempting to assassinate President Trump at the White House Correspondents’ Dinner
By Jim EdwardsApril 26, 2026
Trump says shooting by ‘would-be assassin’ points to need for White House ballroom as questions are raised about security at correspondents dinner
Politics
Trump says shooting by ‘would-be assassin’ points to need for White House ballroom as questions are raised about security at correspondents dinner
By Jason MaApril 26, 2026
Trump uninjured and other top officials evacuated after a shooter opened fire in hotel where White House correspondents dinner held
Politics
Trump uninjured and other top officials evacuated after a shooter opened fire in hotel where White House correspondents dinner held
By Collin Binkley, Alanna Durkin Richer, David Bauder and The Associated PressApril 25, 2026
From maritime trench warfare to a ‘sloppy peace’: Here’s how the Strait of Hormuz standoff could play out, according to Goldman Sachs
Energy
From maritime trench warfare to a ‘sloppy peace’: Here’s how the Strait of Hormuz standoff could play out, according to Goldman Sachs
By Jason MaApril 25, 2026
SpaceX, Anduril among companies to win Golden Dome contracts
Politics
SpaceX, Anduril among companies to win Golden Dome contracts
By Tony Capaccio and BloombergApril 25, 2026
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Economy
Florida voters nearly tripled the homeowner tax break — blowing an $11.8 billion hole in county budgetsplaceholder alt text
By Abigail Hall, Aaron D. Wood and The ConversationNovember 6, 2026
Economy
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 netplaceholder alt text
By Eleanor PringleNovember 6, 2026
Politics
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 itplaceholder alt text
By Jason MaNovember 6, 2026
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