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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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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

Harwood, North Dakota residents voted against an initiative calling for a slowdown in industrial developments like AI 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

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

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

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

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

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

More in Politics

Latest stories from Fortune

More NewsPage 92 of 100

Women walk past a sign

People really hate AI but not as much as Iran—or Democrats

By Jake AngeloMarch 9, 2026

mission accomplished

Investors priced in a 6-week Iraq War, but it lasted 8 years and cost $3 trillion. They’re doing it again

By Nick LichtenbergMarch 9, 2026

middle east

Saudi Arabia tells Iran it will be ‘the biggest loser’ as drone strikes spray Arab states

By The Associated PressMarch 9, 2026

houston

Travelers wait as long as 3 hours in Houston airport on partial government shutdown

By Becky Bohrer and The Associated PressMarch 9, 2026

macron

Oil price moderates after Macron, as leader of G7, confirms ‘the use of strategic reserves is an envisaged option’

By Alex Veiga, Elaine Kurtenbach and The Associated PressMarch 9, 2026

africa

The Iran oil shock is really bad for countries in a region where cars and roads transport almost all food: Africa

By The Associated PressMarch 9, 2026

iran

Iran’s Assembly of Experts picks 56-year-old Mojtaba Khamenei as next Supreme Leader

By Jon Gambrell, Sam Metz, Kareem Chehayeb, Samy Magdy and The Associated PressMarch 9, 2026

wall

Dow, Nasdaq, S&P all falling as oil spikes briefly over $120 per barrel

By Elaine Kurtenbach, Matt Ott and The Associated PressMarch 9, 2026

tariff

Tariff refund process could be ready by the spring, customs official says

By Mae Anderson and The Associated PressMarch 9, 2026

Iran picks Khamenei’s son as next supreme leader, Fars says

Iran picks Khamenei’s son as next supreme leader, Fars says

By Patrick Sykes and BloombergMarch 8, 2026

Pentagon says 7th U.S. service member has died in Mideast war after being injured in Iranian attack on Saudi Arabia

Pentagon says 7th U.S. service member has died in Mideast war after being injured in Iranian attack on Saudi Arabia

By The Associated PressMarch 8, 2026

Pentagon and FAA to conduct anti-drone laser tests after earlier deployments closed Texas airspace twice in the last month

Pentagon and FAA to conduct anti-drone laser tests after earlier deployments closed Texas airspace twice in the last month

By Jaimie Ding and The Associated PressMarch 8, 2026

Despite rising prices, Trump downplays need to tap Strategic Petroleum Reserve. ‘There’s a lot of oil out there. That’ll get healed very quickly’

Despite rising prices, Trump downplays need to tap Strategic Petroleum Reserve. ‘There’s a lot of oil out there. That’ll get healed very quickly’

By Wyatte Grantham-Philips, Cathy Bussewitz and The Associated PressMarch 8, 2026

Russia is sharing intelligence with Iran about U.S. military targets in the Mideast, marking first sign Moscow is getting involved in the war

Russia is sharing intelligence with Iran about U.S. military targets in the Mideast, marking first sign Moscow is getting involved in the war

By Seung Min Kim, Aamer Madhani and The Associated PressMarch 8, 2026

Here’s why childcare is getting more unaffordable, forcing families to make ‘heartbreaking choices’

Here’s why childcare is getting more unaffordable, forcing families to make ‘heartbreaking choices’

By Jason MaMarch 8, 2026

San Francisco cheers its native Chinese Olympian Eileen Gu, who headlines parade for the Year of the Fire Horse

By Jaimie Ding and The Associated PressMarch 8, 2026

U.S. considers idea of special operation to seize Iran’s uranium

U.S. considers idea of special operation to seize Iran’s uranium

By Jonathan Tirone, Donato Paolo Mancini, Josh Wingrove and BloombergMarch 8, 2026

Tehran engulfed in fire, smoke and acid rain following strikes

Tehran engulfed in fire, smoke and acid rain following strikes

By Golnar Motevalli, Arsalan Shahla and BloombergMarch 8, 2026

Oil market chaos to deepen as more Gulf giants cut output

Oil market chaos to deepen as more Gulf giants cut output

By Yongchang Chin and BloombergMarch 8, 2026

Trump said the ‘economy is roaring’ but the job market has evaporated, soaring gas prices could boost inflation, and stocks have plunged

Trump said the ‘economy is roaring’ but the job market has evaporated, soaring gas prices could boost inflation, and stocks have plunged

By Josh Boak and The Associated PressMarch 8, 2026

The Persian Gulf’s ‘saltwater kingdoms’ rely so much on desalination that damage to the infrastructure could force evacuations

The Persian Gulf’s ‘saltwater kingdoms’ rely so much on desalination that damage to the infrastructure could force evacuations

By Annika Hammerschlag and The Associated PressMarch 8, 2026

Mideast’s water supply at risk as Bahrain and Iran say their desalination plants were attacked amid expanding war

Mideast’s water supply at risk as Bahrain and Iran say their desalination plants were attacked amid expanding war

By Jon Gambrell, Sam Metz, Kareem Chehayeb and The Associated PressMarch 8, 2026

This AI founder who quit her 9-to-5 law job has a warning for anyone dreaming of doing the same: ‘I’m working harder now than I ever did’

By Emma BurleighMarch 8, 2026

Iran sends conflicting signals on war, highlighting split between leaders looking to de-escalate vs. hard-liners bent on fighting the U.S. and Israel

Iran sends conflicting signals on war, highlighting split between leaders looking to de-escalate vs. hard-liners bent on fighting the U.S. and Israel

By Jon Gambrell, Sam Mednick, Samy Magdy and The Associated PressMarch 7, 2026

Trump says he ruled out having Kurdish forces join Iran war

Trump says he ruled out having Kurdish forces join Iran war

By Maria Paula Mijares Torres and BloombergMarch 7, 2026

UAE and Kuwait start oil output cuts after Hormuz blockage

UAE and Kuwait start oil output cuts after Hormuz blockage

By Fiona MacDonald, Anthony Di Paola and BloombergMarch 7, 2026

Trump grieves with families during return of soldiers killed in war in the Middle East

Trump grieves with families during return of soldiers killed in war in the Middle East

By Seung Min Kim, Julia Demaree Nikhinson and The Associated PressMarch 7, 2026

Forget the U.S. Navy. The best protection for ships traveling through the Strait of Hormuz may be claiming to be a ‘Chinese’ or ‘Muslim’ vessel

Forget the U.S. Navy. The best protection for ships traveling through the Strait of Hormuz may be claiming to be a ‘Chinese’ or ‘Muslim’ vessel

By Jason MaMarch 7, 2026

Trump calls on regional leaders at ‘Shield of the Americas’ summit to use their militaries against drug cartels

Trump calls on regional leaders at ‘Shield of the Americas’ summit to use their militaries against drug cartels

By Aamer Madhani, Joshua Goodman, Alanna Durkin Richer and The Associated PressMarch 7, 2026

The U.S. is sending an AI-powered anti-drone system to the Mideast as response to countering Iran’s Shahed has been ‘disappointing’

The U.S. is sending an AI-powered anti-drone system to the Mideast as response to countering Iran’s Shahed has been ‘disappointing’

By Emma Burrows and The Associated PressMarch 7, 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

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By Catherina GioinoNovember 6, 2026

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