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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

News

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 95 of 100

Target is over being ‘an everything store,’ CEO says. It’s doubling down on baby items and groceries—and investing $1 billion in its supply chain

Target is over being ‘an everything store,’ CEO says. It’s doubling down on baby items and groceries—and investing $1 billion in its supply chain

By Molly Liebergall and Morning BrewMarch 4, 2026

Donald Trump sits in the Oval Office. He looks ahead and points.

Trump’s $175 billion illegal tariff revenue is now accruing interest, and refund delays could be costing American taxpayers $700 million a month

By Sasha RogelbergMarch 4, 2026

President Donald Trump gesturing during his State of the Union address

Despite a $200 billion price tag, Trump admits the Iran war could just swap one bad leader for another

By Tristan BoveMarch 4, 2026

mossadegh

One key difference on America and Iran, then and now: the CIA had a plan for what would happen in 1953

By Gregory F. Treverton and The ConversationMarch 4, 2026

property

Personal Finance

Nationwide voter revolt over property taxes collides with reality that every other revenue source has been slashed already

By Jeff Amy and The Associated PressMarch 4, 2026

talarico

Talarico defeats Crockett in heated primary as Democrats seek first Texas Senate seat in decades

By Thomas Beaumont, Will Weissert and The Associated PressMarch 4, 2026

spain

Trump’s fury at Spain has him working to figure out how to wage a trade war even though it’s part of the EU

By Suman Naishadham, Joseph Wilson and The Associated PressMarch 4, 2026

carney

Canada’s Carney says Trump didn’t tip him off before striking Iran, but he supports the war ‘with some regret’

By Rod McGuirk and The Associated PressMarch 4, 2026

iran

Meet Mojtaba Khamenei, ‘the power behind the robes’ and presumptive favorite to assume power as Iran’s Supreme Leader

By Jon Gambrell and The Associated PressMarch 4, 2026

dubai

The hottest ticket in Dubai is a $200,000 spot on a private jet out of town

By Simina Mistreanu, Stefanie Dazio and The Associated PressMarch 4, 2026

Wilbur Ross, former US commerce secretary.

The U.S. has shown China and Russia ‘who really is a military power,’ says Trump’s ex–commerce secretary. Don’t expect them to get involved in Iran

By Eleanor PringleMarch 4, 2026

wong

Legal AI is splitting in two—and most people miss the difference

By David WongMarch 4, 2026

cuban

Trump promised lower drug prices. Here’s how Congress virtually guaranteed the opposite

By Tony LoSassoMarch 4, 2026

bernie sanders

Bernie Sanders’ billionaire tax would soak about 900 people to fund $3,000 checks for the middle class

By Jake AngeloMarch 4, 2026

iran

Iran’s revenge: drones damage data centers for Amazon Web Services, reveal west’s Achilles Heel

By Kelvin Chan and The Associated PressMarch 3, 2026

Trump sits and gestures.

Trump threatens Spain with trade war after it refuses to roll over and lend its army bases to the Iran effort

By Fatima Hussein, Suman Naishadham and The Associated PressMarch 3, 2026

Photo of Jamie Siminoff

Ring CEO Jamie Siminoff believes if people had more cameras, we may have already ‘solved’ the Nancy Guthrie case

By Catherina Gioino and Marco Quiroz-GutierrezMarch 3, 2026

AOC

Obama’s former campaign manager has a ‘brutal truth’ for Democrats: ‘We have no economic message, and if we don’t get one, we’re not going to win’

By Meg Kinnard and The Associated PressMarch 3, 2026

ticketmaster

DOJ rips into Ticketmaster monopoly in court: ‘today, the concert ticket industry is broken’

By Larry Neumeister and The Associated PressMarch 3, 2026

Jamie Dimon says Trump’s $5 billion JPMorgan Chase lawsuit has ‘no merit,’ but admits he’d be angry about debanking too

Jamie Dimon says Trump’s $5 billion JPMorgan Chase lawsuit has ‘no merit,’ but admits he’d be angry about debanking too

By Marco Quiroz-GutierrezMarch 3, 2026

U.S. Secretary of War Pete Hegseth standing in front of a podium with a Pentagon sign behind him, gesturing with his hands outstretched and looking angry.

The Pentagon’s fight with Anthropic was the first real test for how we will control powerful AI. The bad news: we all failed

By Jeremy KahnMarch 3, 2026

Economist Mohamed El-Erian

Top economist Mohamed El-Erian warns of stagflation gripping the entire world economy the longer the Iran war goes on

By Tristan BoveMarch 3, 2026

Photo of Sam Altman

Sam Altman says OpenAI is renegotiating with the Pentagon after an ‘opportunistic and sloppy’ deal

By Beatrice NolanMarch 3, 2026

clinton

Pizzagate and UFOs among questions Republicans have for Clintons over Epstein

By Stephen Groves and The Associated PressMarch 3, 2026

Want to live forever? Meta patented an AI model that would keep your profile active after you die

By Jacqueline MunisMarch 3, 2026

trump

Trump’s strikes on Iran could cost American economy as much as $210 billion, top budget expert says

By Nick LichtenbergMarch 2, 2026

‘Could it kill someone?’ A Seoul woman allegedly used ChatGPT to help carry out two murders in South Korean motels

By Catherina GioinoMarch 2, 2026

A woman stands with her hand on her hip as she pumps gas into her car.

Oil markets are bracing for $100 barrels and a redux of a 1970s-era crisis but ‘three times the scale,’ analyst warns

By Sasha RogelbergMarch 2, 2026

Photo of Donald Trump

Personal Finance

CEO of America’s largest Social Security advisory firm: Trump’s big tax cut ‘did not help’

By Nick LichtenbergMarch 2, 2026

Sam Altman speaking into a mic.

OpenAI’s Pentagon deal raises new questions about AI and mass surveillance

By Beatrice NolanMarch 2, 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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