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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

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

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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Gen Z is ditching the family SUV for the humble sedan U.S. carmakers gave up on. Now, Ford and GM are reconsidering
Gen Z is ditching the family SUV for the humble sedan U.S. carmakers gave up on. Now, Ford and GM are reconsidering

Eight of Gen Z’s 10 most commonly driven models are sedans, new data shows. Affordability is a big reason, and Ford and GM, which abandoned the segment, are reconsidering.

By Bilin LinNovember 1, 2026
Fed Chair Kevin Warsh is actually managing U.S. debt costs not inflation, economist says, as interest rates threaten to top GDP growth soon
Fed Chair Kevin Warsh is actually managing U.S. debt costs not inflation, economist says, as interest rates threaten to top GDP growth soon
By Jason MaNovember 1, 2026
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’
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
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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
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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
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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
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Global
More in Global
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

The billionaire’s philosophy for preaching the ways of compound interest might also apply to how many credit cards you have in your wallet.

By Catherina GioinoNovember 1, 2026
Gen X feels worse about the economy than Gen Z and millennials—and more than 70% fear running out of money more than death

The generations who were supposed to have it figured out are the ones panicking about money.

By Sasha RogelbergNovember 1, 2026
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

With an IPO looming, Anthropic CEO Dario Amodei—who has a net worth of $13.6 billion—has reportedly expressed concerns that AI workers are prioritizing money over mission.

By Preston ForeNovember 1, 2026
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
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North America
Reno’s mayor to residents near a fast-growing wildfire: your life matters more than your house
By The Associated PressAugust 23, 2026
Trump panic mounts as judge rules his financial records fair game in his own BBC defamation lawsuit
Law
Trump panic mounts as judge rules his financial records fair game in his own BBC defamation lawsuit
By Michael Kunzelman and The Associated PressAugust 23, 2026
nancy
Politics
Nancy Kassebaum Baker said she’d ‘rather cuddle up and do needlepoint all day,’ but became a rare Republican to call for Trump’s impeachment
By John Hanna and The Associated PressAugust 23, 2026
g
Environment
A California house painter taught himself about gibbons 50 years ago — and now his center is a world-leading rescue facility
By Jaimie Ding and The Associated PressAugust 23, 2026
japan
Politics
Japan’s PM is barely sleeping and rarely leaving her office in the name of ‘efficiency.’ Her approval rating disagrees
By Mari Yamaguchi and The Associated PressAugust 23, 2026
‘We’re going to hit back’ — Canada does what many other U.S. allies have avoided: risk economic pain rather than yield to tariff pressure
North America
‘We’re going to hit back’ — Canada does what many other U.S. allies have avoided: risk economic pain rather than yield to tariff pressure
By Rob Gillies and The Associated PressAugust 23, 2026
s
North America
The U.S. picked the Mexican state without screwworm to reopen the border. Then it got screwworm
By Fabiola Sánchez and The Associated PressAugust 23, 2026
sb
Banking
Traders bet bitcoin was stuck below $67,000. The Treasury blew that trade up in one afternoon
By Michelle Chapman and The Associated PressAugust 23, 2026
bossware
Workplace Culture
Your boss’s monitoring app didn’t just watch you — it shared your data to Facebook and a Russian search engine
By Cathy Bussewitz and The Associated PressAugust 23, 2026
buc-ees
Law
Buc-ee’s Buckeye backlash as beaver infringement lawsuit infuriates Mini Mart maniacs in Ohio
By Julie Carr Smyth and The Associated PressAugust 23, 2026
Photos of Elon Musk (left) and Sen. Bernie Sanders
Personal Finance
Taxing all 938 billionaires at 100% wouldn’t stop the $40 trillion national debt, says Elon Musk. Bernie Sanders says tax them 5% and send you a check
By Catherina GioinoAugust 23, 2026
Jimmy Donaldson, also known as MrBeast
Success
Despite his $2.6 billion net worth, MrBeast said he’s had to borrow cash and didn’t even have enough money in his bank account to buy McDonald’s
By Emma BurleighAugust 23, 2026
The tax escape map: Billionaires are bolting for Florida from the West Coast and taking some $29 billion in tax revenue with them
Real Estate
The tax escape map: Billionaires are bolting for Florida from the West Coast and taking some $29 billion in tax revenue with them
By Marco Quiroz-GutierrezAugust 23, 2026
carter
Personal Finance
Meet the 18-year-old junk remover who vibe-coded his own pricing calculator and makes up to $15,000 a month
By Nick LichtenbergAugust 23, 2026
Fortune Archives: Baseball’s salary cap fight is 40 years in the making
Newsletters
Fortune Archives: Baseball’s salary cap fight is 40 years in the making
By Joey AbramsAugust 23, 2026
‘I had no one to bird with who wasn’t 20 years older than me’: Meet the Gen Zers who transformed grandma’s hobby into an analog craze
North America
‘I had no one to bird with who wasn’t 20 years older than me’: Meet the Gen Zers who transformed grandma’s hobby into an analog craze
By Mia OsmonbekovAugust 23, 2026
Kirill Bigai, the cofounder and CEO of learning platform Preply,
Success
The CEO of $1.2 billion learning platform Preply says it all started with his online search for an English tutor
By Emma BurleighAugust 23, 2026
cromwell
Commentary
OTC Markets CEO: 250 years of market history just collided with a new SEC rule
By Cromwell CoulsonAugust 23, 2026
A man sits in the driver’s seat of a truck, frowning.
Investing
American billionaires are showing off their farmland for elaborate hobbies, but a buying spree among the ultrarich risks pricing farmers out
By Sasha RogelbergAugust 23, 2026
Exhausted businesswoman sleeping at desk in home office with playing son
Economy
Women want ‘dads,’ not ‘duds’: A Nobel-winning historian has a theory for falling birthrates, but the economics aren’t so straightforward
By Eleanor PringleAugust 23, 2026
Los Angeles Dodgers Owner and Chairman Mark Walter looks on before game one of the National League Championship Series.
Investing
Mark Walter’s sports empire offers a glimpse of the money machine behind private credit—and the plumbing keeping it together
By Joshua HongAugust 23, 2026
SpaceX is hiring in natural gas trading for energy needs
Energy
SpaceX is hiring in natural gas trading for energy needs
By Julian Hast and BloombergAugust 22, 2026
Humanoid Chinese robots are smashing running records set by humans — including Usain Bolt’s sprint
Innovation
Humanoid Chinese robots are smashing running records set by humans — including Usain Bolt’s sprint
By Achmad Ibrahim, Chan Ho-Him and The Associated PressAugust 22, 2026
Venezuela abandoning the bolivar and adopting the U.S. dollar would be the biggest currency switch since the advent of the euro, Hanke says
Economy
Venezuela abandoning the bolivar and adopting the U.S. dollar would be the biggest currency switch since the advent of the euro, Hanke says
By Jason Ma and Shawn TullyAugust 22, 2026
‘You’re at war when you get attacked’ — Canada’s Mark Carney accuses U.S. of using economic integration as a weapon as trade fight spurs tariff hikes
North America
‘You’re at war when you get attacked’ — Canada’s Mark Carney accuses U.S. of using economic integration as a weapon as trade fight spurs tariff hikes
By Paul Wiseman, Rob Gillies and The Associated PressAugust 22, 2026
Canada demand for trucks tariff relief imperiled trade talks
North America
Canada demand for trucks tariff relief imperiled trade talks
By Josh Wingrove and BloombergAugust 22, 2026
Nvidia customers notified about AI-related price hikes above 15%
Big Tech
Nvidia customers notified about AI-related price hikes above 15%
By Brody Ford, Ian King and BloombergAugust 22, 2026
Trump’s stock disclosure shows more than 1,000 trades in June
Politics
Trump’s stock disclosure shows more than 1,000 trades in June
By Hadriana Lowenkron and BloombergAugust 22, 2026
Forget AI, debt has become the main character on Wall Street as markets just now decided that it’s gotten out of control after years of warnings 
Economy
Forget AI, debt has become the main character on Wall Street as markets just now decided that it’s gotten out of control after years of warnings 
By Jason MaAugust 22, 2026
Even billionaires are worried their Gen Z kids can’t keep a job—and their wealth advisors say the fear is ‘very real’
Success
Even billionaires are worried their Gen Z kids can’t keep a job—and their wealth advisors say the fear is ‘very real’
By Sydney LakeAugust 22, 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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