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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

Economy

Economy

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

From taxing higher earners to changing the retirement age, incoming lawmakers have offered different approaches to the funding gap.

By Tatiana SatauaNovember 7, 2026

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

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

By Abigail Hall, Aaron D. Wood and The ConversationNovember 6, 2026

Trump admitted the Iran war and gas prices hurt Republicans. It was his version of the identity politics that cost Democrats 2024

Trump admitted the Iran war and gas prices hurt Republicans. It was his version of the identity politics that cost Democrats 2024

By Catherina GioinoNovember 6, 2026

Microsoft co-founder Bill Gates

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

By Eleanor PringleNovember 6, 2026

Gen Z adult woman sits on home porch with mother

Over a quarter of Gen Z say they’d choose their dream home over their dream job—and they’re moving back in with mom and dad to make it happen

By Emma BurleighNovember 6, 2026

Some Gen Z Trump voters switched sides over what one calls an ‘egregious betrayal’ on the economy and war

Some Gen Z Trump voters switched sides over what one calls an ‘egregious betrayal’ on the economy and war

By Muskaan ArshadNovember 6, 2026

Latest stories from Fortune

More EconomyPage 61 of 100

MacKenzie Scott is bypassing the Ivy League and rewriting the $79 billion higher ed playbook by giving to HBCUs and community colleges

MacKenzie Scott is bypassing the Ivy League and rewriting the $79 billion higher ed playbook by giving to HBCUs and community colleges

By Sydney LakeApril 16, 2026

Economy
Economists warned California not to raise the minimum wage to $20. They were wrong in almost every way so far, another economist says
By Sasha RogelbergApril 15, 2026

grad

Gen Z turning its back on AI isn’t irrational—it’s a verdict on everyone who failed them

By Nick LichtenbergApril 16, 2026

hochul

New York governor’s take on a millionaires tax: fancy pied-à-terre second apartments worth over $5 million

By Anthony Izaguirre and The Associated PressApril 16, 2026

vought

Trump has no plan to cut the $39 trillion national debt, but he does want to cut childcare. His budget director is scrambling to clarify

By Nick LichtenbergApril 16, 2026

china

China’s economy grows 5% in first quarter, surprising economists to the upside

By Chan Ho-Him and The Associated PressApril 16, 2026

Jerome Powell, chairman of the US Federal Reserve, during a moderated conversation at Harvard University in Cambridge, Massachusetts, US, on Monday, March 30, 2026.

Everyone was wondering what Trump wanted more: Warsh smoothly seated at the Fed, or for Powell to pay. We now have an answer

By Eleanor PringleApril 16, 2026

Real Estate
Trump’s White House: America is short 10 million houses
By Josh Boak and The Associated PressApril 14, 2026

bbc

BBC plans to cut up to 2,000 jobs to save 10% of annual budget

By Brian Melley and The Associated PressApril 16, 2026

wyle

‘The Pitt’ reveals why healthcare desperately needs a new front door

By Jeremy MorganApril 16, 2026

Current price of Bitcoin for April 16, 2026

Personal Finance

Current price of Bitcoin for April 16, 2026

By Joseph HostetlerApril 16, 2026

Current price of oil as of April 16, 2026

Personal Finance

Current price of oil as of April 16, 2026

By Joseph HostetlerApril 16, 2026

venezuela

The world’s most — and least — miserable economies in 2025, ranked

By Steve H. HankeApril 16, 2026

Personal Finance
Augusta Precious Metals review: What to know in 2026
By Joseph HostetlerApril 14, 2026

Photo: Oil tanker.

Peace talks are back on while the U.S. plays cat-and-mouse with rogue ships in the Strait of Hormuz

By Jim EdwardsApril 16, 2026

shetty

When the shocks keep coming, farmer cooperatives are the only buffer that works

By Shobha ShettyApril 16, 2026

The Iran war’s fertilizer shock is hammering American farmers, and 70% can’t afford what they need for this year’s growing season

The Iran war’s fertilizer shock is hammering American farmers, and 70% can’t afford what they need for this year’s growing season

By Marco Quiroz-GutierrezApril 16, 2026

A older man walks with a sign that says "Learn from Vietnan. Don't repeat the mistake. Peace now."

Meet the Americans refusing to pay their taxes in protest of the Trump administration

By Jacqueline MunisApril 16, 2026

A person wearing a red hat has their hand on a gas pump.

Oil prices may be falling, but for the wrong reason: ‘Demand destruction’ throttling global consumption, report finds

By Sasha RogelbergApril 16, 2026

hormuz

Why no nation is truly ‘energy independent’ while the Strait of Hormuz remains closed

By Jordan BlumApril 16, 2026

trump

Trumpflation hits the World Cup: Fans face $80–$100 transit fares on top of $4,000-plus tickets

By Jake AngeloApril 15, 2026

Fed chair nominee Kevin Warsh is worth more than $100 million and has stakes in SpaceX and Polymarket

Fed chair nominee Kevin Warsh is worth more than $100 million and has stakes in SpaceX and Polymarket

By Jacqueline MunisApril 15, 2026

live nation

‘Robbing them blind, baby’: Live Nation and Ticketmaster are a monopoly, jury rules

By Larry Neumeister and The Associated PressApril 15, 2026

Pete Hegseth speaks with both hands in the air as Donald Trump looks on in the background.

‘I am certain’: Harvard policy expert warns the true cost of the Iran war to U.S. taxpayers will exceed $1 trillion

By Sasha RogelbergApril 15, 2026

Woman drinking coffee

Starbucks wants you to ask ChatGPT about what coffee to get, right as America boils over with AI backlash vibes

By Tristan BoveApril 15, 2026

raikes

Jeff Raikes: AI is capturing cognition — and most companies are building a talent debt they don’t see yet

By Jeff RaikesApril 15, 2026

meat

Polarized Minnesota politicians find something to agree on: the meat raffle

By Steve Karnowski, Mark Vancleave and The Associated PressApril 15, 2026

hampshire

Hampshire College closes, the latest in a string of small schools to fold under demographic, financial pressure

By Michael Casey, Leah Willingham and The Associated PressApril 15, 2026

snap

Snap to cut about 1,000 jobs, or 16% of its global workforce

By The Associated PressApril 15, 2026

lebanon

Iran, U.S. close to agreeing cease-fire extension, officials say

By Samy Magdy, Sam Metz, Munir Ahmed and The Associated PressApril 15, 2026

clinton

I was a government official in the 1990s and watched the economy get turned upside-down. It’s happening again

By Maria FlynnApril 15, 2026

dees

A retired general’s warning: America can’t fight the AI arms race on tech it doesn’t control

By Robert F. DeesApril 15, 2026

Members of the public pose for photographs beside the Charging Bull, sometimes referred to as the Bull of Wall Street or the Bowling Green Bull on Broadway on April 14, 2025 in New York City.

Markets haven’t rallied this fast since COVID. Iran volatility is just another ‘notch on the belt’ for investors, says J.P. Morgan strategist

By Eleanor PringleApril 15, 2026

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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

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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