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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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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

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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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Brooke Rollins stands in front of a line of men wearing black cowboy hats.

Meet a third-generation Tennessee farmer paying an extra $100k for fertilizer because of the Iran War

By Jack Dura and The Associated PressMarch 18, 2026

Female sculptor using a digital tablet in her art studio

Goldman Sachs says small businesses are embracing AI, but fewer than 1 in 5 are good at actually integrating it

By Tristan BoveMarch 18, 2026

Mayes speaks at a podium.

Arizona calls Kalshi an illegal gambling business as first state in first state lawsuit against company

By Hannah Schoenbaum and The Associated PressMarch 18, 2026

boy holding phone in front of his face

Social media companies are scrambling to verify minors online. Congress just made it a lot more complicated

By Catherina GioinoMarch 18, 2026

Marines Celebration

‘One in a million’ shrapnel rain fell on California highway, military report says

By The Associated Press and Christopher WeberMarch 18, 2026

Delta CEO slams Washington over unpaid TSA agents, says front-line workers are being used as ‘political chips’

Delta CEO slams Washington over unpaid TSA agents, says front-line workers are being used as ‘political chips’

By Marco Quiroz-GutierrezMarch 18, 2026

train tunnel construction

New York is suing the Trump Administration again—This time over $58 million in withheld subway funding

By The Associated PressMarch 18, 2026

Director of National Intelligence Tulsi Gabbard with Trump

Tulsi Gabbard won’t say whether she warned Trump that Iran could block the Strait of Hormuz

By The Associated Press, Eric Tucker, David Klepper and Stephen GrovesMarch 18, 2026

Woman in blue in front of the American flag

AI and Crypto spent nearly $20 million to reshape Illinois’s Democratic primaries. They mostly lost

By The Associated Press and Matt BrownMarch 18, 2026

man in suit raising hand swearing oath

Markwayne Mullin called Rand Paul a ‘freaking snake.’ Paul questioned whether ‘someone who applauds violence’ should lead DHS

By The Associated Press and Rebecca SantanaMarch 18, 2026

dictionary next to smartphone

The dictionaries are suing OpenAI for ‘massive’ copyright infringement, and say ChatGPT is starving publishers of revenue

By Jake AngeloMarch 18, 2026

A sign displays the price of diesel fuel, which is at $5.99 at a Maverick gas station

‘I just want all of it to end’: U.S. gas prices reach highest level since 2023 with no end for the Iran War in sight

By Wyatte Grantham-Philips and The Associated PressMarch 18, 2026

Trump flipping his jacket up against a green backgroun

Trump said the U.S. would “run” Venezuela and sell its oil. Now it’s starting to happen

By The Associated Press, Fatima Hussein and Regina Garcia CanoMarch 18, 2026

PHOTO: DONALD TRUMP

As Trump rages against his allies, Republicans are asking what the plan is to end the chaos in Iran

By Jim EdwardsMarch 18, 2026

Video game screen

A gaming CEO asked ChatGPT how to avoid paying a $250 million bonus. It didn’t work

By Catherina GioinoMarch 17, 2026

man in a suit

Who is Joe Kent? Meet the Green Beret, MAGA loyalist, and former political candidate who quit over Iran

By Catherina GioinoMarch 17, 2026

Three men standing in front of a white background.

‘100% completely unsustainable as a society.’ Billionaire advisor calls out widening inequality that leaves America’s poorest 80% ‘falling behind’

By Tristan BoveMarch 17, 2026

Trump surrounded by children

Won’t somebody think of the children? Advocacy group to spend $50 million to back Democrats pushing child care ahead of the midterms

By The Associated Press and Moriah BalingitMarch 17, 2026

trump

Trump’s Iran War looks improvised. It isn’t. Here’s the playbook he’s been running for decades

By Jeffrey Sonnenfeld and Steven TianMarch 17, 2026

Trump yelling, camera looking up from an angle

‘We started this war due to pressure from Israel and its powerful American lobby:’ Trump’s National Counterterrorism Center director resigns over war

By The Associated Press and Seung Min KimMarch 17, 2026

Trump holds a soccer ball along with two men in suits on either side of him.

The World Anti-Doping Agency wants to ban Trump and U.S. government officials from international sporting events for not paying their dues

By The Associated Press and Eddie PellsMarch 17, 2026

matrix style green screen of text behind a physical deadbolt

Your Instagram DMs are no longer encrypted: Meta is reversing course on privacy and removing end-to-end encryption from Instagra

By Catherina GioinoMarch 17, 2026

trump

Either Trump is lying or the 4 other living presidents are, about war on Iran

By Darlene Superville, Steven Sloan and The Associated PressMarch 17, 2026

Photo: President Trump.

Backchannel talks between U.S. and Iran offer Trump an off-ramp—if he wants it

By Jim EdwardsMarch 17, 2026

stiglitz

Arts & Entertainment

Nobel economist Joseph Stiglitz says Trump replaced ‘The rule of law with a question: How much will you give me?’

By Joseph E. StiglitzMarch 17, 2026

Exclusive: PayPal expands stablecoin access to 68 more countries

Exclusive: PayPal expands stablecoin access to 68 more countries

By Ben WeissMarch 17, 2026

Photo of Ray Dalio

Ray Dalio warns a brutal ‘final battle’ for the Strait of Hormuz is coming—and losing could end the American empire

By Eva RoytburgMarch 17, 2026

Photo of a sign reading Billionaire Tax Now

Only 6 billionaires left California over its proposed wealth tax—but they took $27 billion in potential revenue with them

By Jacqueline MunisMarch 17, 2026

Trump suggests postponing his key meeting with Xi Jinping by ‘a month or so,’ as Iran overtakes China on the U.S.’s agenda

Trump suggests postponing his key meeting with Xi Jinping by ‘a month or so,’ as Iran overtakes China on the U.S.’s agenda

By Angelica AngMarch 17, 2026

U.S. debt is competing with a record supply of corporate bonds, pushing up the cost of federal borrowing just as war spending piles up

U.S. debt is competing with a record supply of corporate bonds, pushing up the cost of federal borrowing just as war spending piles up

By Jason MaMarch 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

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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