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If California undid its 'original sin' and matched Texas on taxing property, it would raise more revenue than the billionaire tax, economists say

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Jeff Bezos once gave Eva Longoria and the admiral behind Osama bin Laden's capture $100 million—but she says you don't need wealth to give back

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‘It’s only when you see 49-ton trucks in China running on batteries that you realize how serious electrification is’: Octopus Energy CEO Greg Jackson on Europe’s incumbency problem

1

If California undid its 'original sin' and matched Texas on taxing property, it would raise more revenue than the billionaire tax, economists say

2

Jeff Bezos once gave Eva Longoria and the admiral behind Osama bin Laden's capture $100 million—but she says you don't need wealth to give back

3

‘It’s only when you see 49-ton trucks in China running on batteries that you realize how serious electrification is’: Octopus Energy CEO Greg Jackson on Europe’s incumbency problem
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2026 was meant to be the Philippines’ year—yet the country remains stuck in an ‘recurring cycle of underachievement’
2026 was meant to be the Philippines’ year—yet the country remains stuck in an ‘recurring cycle of underachievement’

What was meant to be a breakout year, highlighted by the Philippines’ turn as ASEAN chair, has instead become a case study in how it keeps falling short.

By Sam BeltranNovember 1, 2026
As Trump eyes new attack, Iran vows to retaliate beyond the Mideast and target financial assets, while oil markets brace for generational damage
As Trump eyes new attack, Iran vows to retaliate beyond the Mideast and target financial assets, while oil markets brace for generational damage
By Jason MaNovember 1, 2026
Soaring health insurance costs are quietly preventing wages from rising higher, while workers also shoulder a larger share of premiums, economist says
Soaring health insurance costs are quietly preventing wages from rising higher, while workers also shoulder a larger share of premiums, economist says
By Jason MaNovember 1, 2026
You should pick your credit card perks like Warren Buffett picks his stocks, TD Bank exec says
You should pick your credit card perks like Warren Buffett picks his stocks, TD Bank exec says
By Catherina GioinoNovember 1, 2026
A young man holding a cup of coffee in a kitchen shows his phone to an older man, who is also holding a mug.
Gen X feels worse about the economy than Gen Z and millennials—and more than 70% fear running out of money more than death
By Sasha RogelbergNovember 1, 2026
Dario Amodei
Anthropic’s potential $2 trillion IPO could turn staff into millionaires—but the AI firm is asking candidates what they’d do if stock fell to zero
By Preston ForeNovember 1, 2026
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News
More in News
Voters usually decide one or two income or wealth tax measures a year. This midterm season, there are nine
Voters usually decide one or two income or wealth tax measures a year. This midterm season, there are nine

Colorado, Washington and Cook County voters will also weigh taxes on top earners, while other states move to make taxes harder to raise.

By Catherina GioinoNovember 1, 2026
China sees the yuan vs. dollar rivalry like Pepsi vs. Coke, expert says — ‘never the market leader, but serviceable in a pinch’

“Without a far larger pool of renminbi assets that foreigners can freely buy and sell, the renminbi cannot come close to replacing the dollar.”

By Jason MaOctober 31, 2026
If California undid its ‘original sin’ and matched Texas on taxing property, it would raise more revenue than the billionaire tax, economists say

“It is simply not possible to fund the state’s needs by leaning on a few hundred people, as politically appealing as that may be.”

By Jason MaOctober 31, 2026
The ex-CEO of the agency behind ‘Jerry Maguire’ says NIL is still the Wild West—and parents are part of the problem

College athletes became paid players and brand spokespeople almost overnight. Meltzer argues they still lack a framework and trustworthy advocates, even as Congress and the Big Ten move to impose order.

By Robert GrayOctober 31, 2026
More in News
North America
More in North America
gustavo
‘The best thing that you can do for your career is to make yourself redundant’: Inside Stellantis’ AI push after the ‘starting gun went off’

That’s the advice of Stellantis’ CTO, who plans to hire hundreds more anyway. AI is shrinking weeks into days, but it can’t tell you what car to make.

By Nick LichtenbergNovember 1, 2026
Hackers pushed freezers at hundreds of French supermarkets to 122 degrees. Now the Pentagon is asking whether the same thing hit U.S. military bases

More than half a dozen U.S. military commissaries experienced refrigeration failure in August, and cybersecurity experts suspect a possible connection.

By Sasha RogelbergNovember 1, 2026
Why Wendy’s is losing the burger wars—and is now a takeover target for Nelson Peltz

Its new CEO says Wendy’s has let quality slip and now it has fallen behind Burger King to No. 3 in the burger wars.

By Phil WahbaNovember 1, 2026
U.S workers just took home their smallest share of capital since at least 1947—and the lowest ever recorded

American workers aren’t just getting the smallest share of GDP since records began. Their share of employment is shrinking and shrinking

By Sasha RogelbergOctober 31, 2026
More in North America
Asia
More in Asia
How Southeast Asia can realize its commercial promise amid geopolitical rivalry
How Southeast Asia can realize its commercial promise amid geopolitical rivalry

Countries have a shared interest in defending international law—even when doing so may create friction with the country violating it.

By Lynn KuokOctober 31, 2026
Rakuten Capital’s Saemin Ahn thinks Southeast Asian VC needs a different model, as good startups don’t get enough ‘oxygen’ compared to the U.S.

The managing partner of Rakuten’s venture arm says the region’s startups lack the scale and exits to justify U.S.-style checks.

By Angelica AngOctober 30, 2026
Cyclone Arnab hits India’s data-center coast, where Google, Adani and Airtel plan to invest $15 billion in a hyperscale data center

Meteorologists said unusually high temperatures across the Bay of Bengal helped fuel Arnab.

By Sibi Arasu and The Associated PressOctober 29, 2026
‘Operation Supercharge’: Japan and U.S. agree to develop Japanese missile facility—a ‘strong, quiet and clear’ message against China’s naval activity

Japanese Defense Minister Shinjiro Koizumi made the announcement in a news conference where he met U.S. Defense Secretary Pete Hegseth.

By The Associated Press, Jim Gomez and JOEAL CALUPITANOctober 29, 2026
More in Asia
Global
More in Global
Israel Anthem and his family in a photo together.
Meet a 38-year-old father rejecting a Trump account for his daughter: ‘I’ll put $1,000 of my own money in an account before I do that’

“When money is psychologically tainted, we often avoid it,” University of Michigan professor Scott Rick told Fortune.

By Tatiana SatauaNovember 1, 2026
While Americans turn against data centers, Brazil offers tax breaks and cheap power, representing a potential ‘release valve’ for U.S. constraints

The government is cutting taxes on data center equipment as Google, Amazon and Microsoft expand in a country already hungry for AI services.

By Mia OsmonbekovNovember 1, 2026
AI boom hits a wall on Wall Street as OpenAI cuts fundraising target while Meta gets a credit warning over its cash flow, spending and monetization

S&P Global cut its outlook on Meta to “negative” from “stable” late Friday.

By Jason MaOctober 31, 2026
Mark Zuckerberg’s $170 million Miami mansion is just one piece of his sprawling real estate empire that includes a 196-year-old castle

The Meta CEO has spent years accumulating luxury properties, including a secretive ranch with an underground shelter, an Irish castle, and a Lake Tahoe mountain retreat.

By Marco Quiroz-GutierrezOctober 31, 2026
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Home equity loan and HELOC rates, Oct. 14, 2026
Personal Finance
Home equity loan and HELOC rates, Oct. 14, 2026
By Joseph HostetlerOctober 14, 2026
The question behind AI panic: What happens to me if it works?
Commentary
The question behind AI panic: What happens to me if it works?
By Christoph TrattnerOctober 14, 2026
FBI arrests OpenAI employee accused of planting secret recording device in conference room
Cybersecurity
FBI arrests OpenAI employee accused of planting secret recording device in conference room
By Emily ForliniOctober 13, 2026
Applied Materials’ $5 billion AI lab aims to cut chip development time in half—and restore Silicon Valley’s edge
Big Tech
Applied Materials’ $5 billion AI lab aims to cut chip development time in half—and restore Silicon Valley’s edge
By Alexei OreskovicOctober 13, 2026
Tech companies are overhauling company structures to justify AI spending, and it means AI agents could start appearing on org charts, Block CFO says
MPW
Tech companies are overhauling company structures to justify AI spending, and it means AI agents could start appearing on org charts, Block CFO says
By Sasha RogelbergOctober 13, 2026
Sam's Club CEO Latriece Watkins
MPW
Sam’s Club CEO Latriece Watkins says she feels most powerful watching the people she’s invested in succeed
By Emma BurleighOctober 13, 2026
Photo of Emma Grede
MPW
‘We talk ourselves out of it’: Entrepreneur Emma Grede never second-guesses herself
By Sasha RogelbergOctober 13, 2026
Why Asia’s AI moment depends on leaders, not tools
Commentary
Why Asia’s AI moment depends on leaders, not tools
By Ryoji SekidoOctober 13, 2026
Centene CEO sees health care’s biggest AI opportunity beyond automation
MPW
Centene CEO sees health care’s biggest AI opportunity beyond automation
By Sheryl EstradaOctober 13, 2026
Photo of a rat with a nut in its mouth
North America
The GOP billionaire behind the biggest political gift in U.S. history could be sued for allegedly fueling a Chicago rat infestation
By Catherina GioinoOctober 13, 2026
More than a third of Americans earning over $500,000 say they’re living paycheck to paycheck, Goldman Sachs finds
Personal Finance
More than a third of Americans earning over $500,000 say they’re living paycheck to paycheck, Goldman Sachs finds
By Steven JohnOctober 13, 2026
How tech icon Meg Whitman is already leaving her mark on grocery giant Albertsons
Retail
How tech icon Meg Whitman is already leaving her mark on grocery giant Albertsons
By Phil WahbaOctober 13, 2026
Meta’s Muse models reach the AI frontier—and kill any hopes to ‘pace’ it
AI
Meta’s Muse models reach the AI frontier—and kill any hopes to ‘pace’ it
By Emily ForliniOctober 13, 2026
OpenAI CEO Sam Altman
Newsletters
Strict liability is gaining traction as a solution to force AI companies to institute better safety controls. But it has some big downsides too
By Jeremy KahnOctober 13, 2026
Palantir’s CTO claims AI researchers are smoking to prove they believe AI will cure cancer, and he says it’s a sign of tech-fueled ‘mass psychosis’
AI
Palantir’s CTO claims AI researchers are smoking to prove they believe AI will cure cancer, and he says it’s a sign of tech-fueled ‘mass psychosis’
By Marco Quiroz-GutierrezOctober 13, 2026
Apple’s new home devices are a bet on its upgraded Siri AI
Big Tech
Apple’s new home devices are a bet on its upgraded Siri AI
By Sebastian HerreraOctober 13, 2026
Meet billionaire Clara Wu Tsai, who built the Liberty into a $600 million team and now plans to fund guaranteed income for new moms
Success
Meet billionaire Clara Wu Tsai, who built the Liberty into a $600 million team and now plans to fund guaranteed income for new moms
By James LaForgeOctober 13, 2026
Philanthropist and Walmart heiress Olivia Walton
MPW
Philanthropist Olivia Walton didn’t get proper postpartum care. Now, she’s investing $100M to halve the U.S. maternal mortality rate in 5 years
By Emma BurleighOctober 13, 2026
Kelly Clarkson’s $15,000 bird feud with a Brooklyn shop shows why winning the argument can cost you customers
Arts & Entertainment
Kelly Clarkson’s $15,000 bird feud with a Brooklyn shop shows why winning the argument can cost you customers
By Bilin LinOctober 13, 2026
Illustration of a digital snake emerging from a laptop computer whose screen is displaying lines of code
AI
Anthropic says small AI models could soon be able to copy themselves onto everyday devices
By Beatrice NolanOctober 13, 2026
Mark Zuckerberg gets the last laugh as ‘The Social Reckoning’ flops—opening to a fraction of what ‘The Social Network’ made 16 years ago
Arts & Entertainment
Mark Zuckerberg gets the last laugh as ‘The Social Reckoning’ flops—opening to a fraction of what ‘The Social Network’ made 16 years ago
By Andrew McGowanOctober 13, 2026
Unexpected blockbuster ‘Backrooms’ originated from a 4chan thread—and it’s one reason why legacy media sees advantages to the death of monoculture
MPW
Unexpected blockbuster ‘Backrooms’ originated from a 4chan thread—and it’s one reason why legacy media sees advantages to the death of monoculture
By Sasha RogelbergOctober 13, 2026
David Shelley, chief exeucitve at Hachette, 2026
AI
Hachette CEO writes every email himself. He says AI shortcuts are creating a ‘worse C-suite’
By Sam BirchallOctober 13, 2026
‘A very tough market out there’: U.S. home sales fell 2.2% from last year as mortgage rates and prices rise
Real Estate
‘A very tough market out there’: U.S. home sales fell 2.2% from last year as mortgage rates and prices rise
By The Associated Press and Alex VeigaOctober 13, 2026
Photo of Jamie Dimon
Banking
JPMorgan, Goldman Sachs, Citigroup and Wells Fargo post strong profits, but warn rising interest rates and ‘sticky inflation’ will bite
By The Associated Press and Ken SweetOctober 13, 2026
Photo of Elon Musk
Politics
Supreme Court will hear the Trump administration’s argument that DOGE is exempt from the public-records law
By The Associated Press and Michael KunzelmanOctober 13, 2026
Photo of Kristalina Georgieva
Success
IMF chief warns AI’s ‘slow-moving tsunami’ is coming—and it could leave Gen Z graduates stuck making lattes at Starbucks
By Preston ForeOctober 13, 2026
Google’s Ruth Porat survived cancer twice. She sees AI as a way to expand access to care
Newsletters
Google’s Ruth Porat survived cancer twice. She sees AI as a way to expand access to care
By Sydney LakeOctober 13, 2026
‘The cost to us, the United States, is high’: Trump’s ‘financial lifeline’ diesel deal with Putin sparks bipartisan backlash in Congress
Politics
‘The cost to us, the United States, is high’: Trump’s ‘financial lifeline’ diesel deal with Putin sparks bipartisan backlash in Congress
By The Associated Press and Lisa MascaroOctober 13, 2026
‘The timing is notable’: China lets Visa start preparing to clear bank card payments, weeks before a third Xi-Trump meeting
Banking
‘The timing is notable’: China lets Visa start preparing to clear bank card payments, weeks before a third Xi-Trump meeting
By The Associated PressOctober 13, 2026
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Economy
If California undid its 'original sin' and matched Texas on taxing property, it would raise more revenue than the billionaire tax, economists sayplaceholder alt text
By Jason MaOctober 31, 2026
Success
Jeff Bezos once gave Eva Longoria and the admiral behind Osama bin Laden's capture $100 million—but she says you don't need wealth to give backplaceholder alt text
By Orianna Rosa RoyleOctober 31, 2026
Europe
‘It’s only when you see 49-ton trucks in China running on batteries that you realize how serious electrification is’: Octopus Energy CEO Greg Jackson on Europe’s incumbency problemplaceholder alt text
By Kamal AhmedOctober 30, 2026
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