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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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Trump

‘The conflict in Iran demonstrates why we need to keep our national debt at a reasonable level’: think tank sees economic emergency around the corner

By Nick LichtenbergMarch 13, 2026

Man speaks on conference stage

Ripple valued at $50 billion after $750 million share buyback

By Carlos GarciaMarch 12, 2026

iran

Iran’s new Supreme Leader warns of ‘opening other fronts’ in first statement from hiding

By Jon Gambrell, David Rising, Mike Corder, Natalie Melzer and The Associated PressMarch 12, 2026

evs

This 55-year-old supply chain management professor took a gamble last year: he bought an electric vehicle

By Alexa St. John, Tammy Webber and The Associated PressMarch 12, 2026

Inside the Binance accounts internal investigators say helped transfer more than $1 billion to Iran-linked entities: A 79-year-old VIP Chinese trader and a suspected Iranian gold smuggler

Inside the Binance accounts internal investigators say helped transfer more than $1 billion to Iran-linked entities: A 79-year-old VIP Chinese trader and a suspected Iranian gold smuggler

By Leo Schwartz and Ben WeissMarch 12, 2026

police

Police officers shot a man in the back, then a cop took the first ambulance because of a ‘mild anxiety attack’

By Dave Collins and The Associated PressMarch 12, 2026

senate

Senate passes bill to make housing more affordable, with no indication House or Trump will approve it

By Charlotte Kramon, Alex Veiga, Mary Clare Jalonick and The Associated PressMarch 12, 2026

trader

Oil hits $100 a barrel and stocks sink as Iran War drags on with no end in sight

By Stan Choe and The Associated PressMarch 12, 2026

donald trump

Trump might get away with his new tariffs: The law he’s relying on survived over 3,600 legal challenges, and even Biden used it

By Jake AngeloMarch 12, 2026

A man stands amidst a field of corn.

Fertilizer prices soar as Strait of Hormuz tensions rise—forcing U.S. farmers to rethink spring planting

By Sasha RogelbergMarch 12, 2026

Former Tennessee Gov. Bill Haslam holding up his fingers.

‘I don’t know if we’re ready’: Governors from each party appalled at 100-year-old federal workforce strategy

By Catherina GioinoMarch 12, 2026

dario

Anthropic just sued the Pentagon. The outcome could reshape the AI race with China

By Mark MinevichMarch 12, 2026

Trump gestures

Trump says the U.S. will open its first new oil refinery in nearly 50 years as the U.S. military avoids bombing Iran’s oil infrastructure

By Jacqueline MunisMarch 11, 2026

U.S. President Donald Trump speaks to the Republican Members Issues Conference at Trump National Doral Miami on March 9, 2026 in Doral, Florida.

It’s thanks to Social Security wealth inequality isn’t even worse, Wharton economist says. Trump’s policies will push it to insolvency in 6 years

By Tristan BoveMarch 11, 2026

trump

There’s one particular way the Iran War is different from all the others in American history

By Charles Walldorf and The ConversationMarch 11, 2026

U.S. President Donald Trump speaks to the Republican Members Issues Conference at Trump National Doral Miami on March 9, 2026 in Doral, Florida.

The fog of war is coming from inside the White House—and it cost oil markets $84 million in 10 minutes

By Eva RoytburgMarch 11, 2026

strait

The Strait of Hormuz isn’t totally closed. Meet the ‘shadow fleet’

By Charles Edward Gehrke and The ConversationMarch 11, 2026

FILE - Fishermen work in front of oil tankers south of the Strait of Hormuz Jan. 19, 2012, offshore the town of Ras Al Khaimah in United Arab Emirates. (AP Photo/Kamran Jebreili, File)

The IEA is releasing a record 400 million barrels of emergency oil. It may not be enough

By The Associated Press, Samuel Petrequin and Kirsten GrieshaberMarch 11, 2026

data centers

Virginia’s starting to question whether its giant tax breaks for data centers are such a good idea

By Olivia Diaz, Marc Levy and The Associated PressMarch 11, 2026

Iran’s new supreme leader may have been wounded at the start of the war, Israeli intelligence says

Iran’s new supreme leader may have been wounded at the start of the war, Israeli intelligence says

By The Associated Press, Jon Gambrell and David RisingMarch 11, 2026

trump

Republicans want Trump focused on affordability, but his mind is on voter suppression

By Steven Sloan and The Associated PressMarch 11, 2026

trump

Iran gloats about hitting Trump where it hurts: ‘Just look at the state of the global economy and energy markets — it has been very painful for them’

By Jon Gambrell and The Associated PressMarch 11, 2026

trump

Americans’ opinions on the Iran War: polarized, except on the issue of whether to escalate

By Linley Sanders and The Associated PressMarch 11, 2026

trump

Trump’s flip-flopping gives juice to critics who say he just didn’t have a plan for the Iran War

By Aamer Madhani and The Associated PressMarch 11, 2026

strait

Understanding Iran’s Strait of Hormuz, and why Europe may be facing a Ukraine-like energy crisis again

By Jon Gambrell, Mae Anderson and The Associated PressMarch 11, 2026

iran

America says it’s destroying mine-laying Iranian ships as Trump denies that Iran has mined the Strait of Hormuz

By Jon Gambrell, Julie Watson, Samy Magdy and The Associated PressMarch 11, 2026

iran

Iran targets Dubai airport, commercial ships across the Gulf as war widens

By Jon Gambrell, David Rising and The Associated PressMarch 11, 2026

trump

Trump has to choose between ‘suicidal or dangerous’ choices on Iran’s Strait of Hormuz

By John Leicester and The Associated PressMarch 11, 2026

Photo: A man walks near a banner displayed at Valiasr Square in central Tehran on March 10, 2026, depicting Iran's late supreme leader Ayatollah Ruhollah Khomeini (L) watching as his successor the late Ayatollah Ali Khamenei (C) hands over a national flag to his son and new supreme leader Mojtaba Khamenei (R). Iran marked the appointment of Ayatollah Mojtaba Khamenei to replace his father as its supreme leader with a new barrage of missiles against Israel and the Gulf states on March 9, as the Middle East war sent oil prices soaring. (Photo by AFP) / Attention editors: AFP covers the war in the Middle East through its extensive regional network, including bureaus in Tehran, Jerusalem, and several neighboring countries. Since the start of the conflict, journalists have been working under increasingly restrictive conditions. Authorities in several countries have limited reporters' movements, photo and live video coverage from sensitive locations. Some governments and armed groups have banned images of missile or drone strikes and other security-related sites. /

Iran’s new supreme leader is injured but reportedly ‘safe’ as traders sour on war exit strategy

By Jim EdwardsMarch 11, 2026

Beijing’s dominance in rare earth processing leaves others scrambling to close the gap: ‘China is the leader, and the U.S. is far behind’

Beijing’s dominance in rare earth processing leaves others scrambling to close the gap: ‘China is the leader, and the U.S. is far behind’

By Angelica AngMarch 11, 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

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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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