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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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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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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
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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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Governor races present ‘unique moment’ as historic number of Black candidates climbs to 8
Politics
Governor races present ‘unique moment’ as historic number of Black candidates climbs to 8
By Bill Barrow, Steven Sloan and The Associated PressAugust 20, 2026
The great climate change Champagne race, as grape ripening shrinks from 100 to 80 days: ‘We’ve never seen anything like it’
Environment
The great climate change Champagne race, as grape ripening shrinks from 100 to 80 days: ‘We’ve never seen anything like it’
By Sylvie Corbet, Nicolas Garriga and The Associated PressAugust 20, 2026
Photo of Stars and Stripes newspaper
Politics
The military’s own newspaper is too ‘woke’ for Pete Hegseth as longtime Stars and Stripes publisher retires after decades of service
By Jocelyn Noveck and The Associated PressAugust 20, 2026
You are paying for your favorite college athlete now: ‘the next stage of the arms race’
North America
You are paying for your favorite college athlete now: ‘the next stage of the arms race’
By David A. Lieb and The Associated PressAugust 20, 2026
Trump calls his new FDA pick ‘Dr. Heidi.’ Patty Murray calls her a ‘far-right, anti-abortion extremist’
Politics
Trump calls his new FDA pick ‘Dr. Heidi.’ Patty Murray calls her a ‘far-right, anti-abortion extremist’
By Ali Swenson and The Associated PressAugust 20, 2026
Photo of ex-Meta engineer
Big Tech
Instagram took ‘don’t ask, don’t tell’ approach to kids, former engineer testifies — and pay was tied to keeping them online
By Barbara Ortutay and The Associated PressAugust 20, 2026
ri
North America
‘Squid has a distinctive odor to it’: Seafood truck crash in Rhode Island creates ‘Squidpocalypse of ’26’
By Josh Kelety and The Associated PressAugust 20, 2026
w
Retail
Walmart’s sales growth falls to 6-year low as Middle American shoppers go on strike
By Anne D'Innocenzio and The Associated PressAugust 20, 2026
t
Retail
Target’s second straight comeback quarter boosted by nearly $1 billion Trump tariff refund
By Anne D'Innocenzio and The Associated PressAugust 20, 2026
s
Economy
Why the bond market is acting like it did before the Great Recession
By Stan Choe, Christopher Rugaber and The Associated PressAugust 20, 2026
company's initial public offering at the New York Stock Exchange on Sept. 10, 2025.
C-Suite
Klarna wants its next CFO in New York. That’s a signal to Wall Street
By Sheryl EstradaAugust 20, 2026
a
North America
‘Capital alone no longer clears a site’: Morgan Stanley says data centers’ big money era is over
By Nick LichtenbergAugust 20, 2026
warsh
Economy
Treasury rushes into bond market as Fed minutes show many governors want to hike rates, not cut
By Christopher Rugaber and The Associated PressAugust 20, 2026
canada
North America
Trump’s Canada tariff threat produces a deal with no public terms
By Rob Gillies, Paul Wiseman, Seung Min Kim and The Associated PressAugust 20, 2026
Portfolio review takes on a new urgency for VCs as AI makes 2024’s great deals look like 2026’s clear mistakes
Newsletters
Portfolio review takes on a new urgency for VCs as AI makes 2024’s great deals look like 2026’s clear mistakes
By Allie GarfinkleAugust 20, 2026
Amit Joshi, Professor of AI and Strategy at IMD Business School.
Commentary
AI is becoming a financial engineering business
By Amit JoshiAugust 20, 2026
Current price of oil as of Aug. 20, 2026
Personal Finance
Current price of oil as of August 20, 2026
By Joseph HostetlerAugust 20, 2026
Current price of Bitcoin for Aug. 20, 2026
Personal Finance
Current price of Bitcoin for August 20, 2026
By Joseph HostetlerAugust 20, 2026
Current price of Ethereum for Aug. 20, 2026
Personal Finance
Current price of Ethereum for August 20, 2026
By Joseph HostetlerAugust 20, 2026
Top CD rates from major banks Aug. 20, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on August 20, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerAugust 20, 2026
Climate change to cost London up to £36 billion a year by 2050s
Europe
Climate change to cost London up to £36 billion a year by 2050s
By Olivia Rudgard and BloombergAugust 20, 2026
Photo: Scott Bessent
Newsletters
Bessent’s $4 billion bond plan is like ‘rearranging deckchairs on the Titanic given the U.S. national debt of $40 trillion,’ ING says
By Jim EdwardsAugust 20, 2026
sastry, manish
Commentary
AI won’t fix enterprise complexity. Rewiring will
By Sastry Durvasula and Manish SharmaAugust 20, 2026
Venezuela oil minister to U.S. companies: ‘It’s an entire world waiting to be discovered’
Energy
Venezuela oil minister to U.S. companies: ‘It’s an entire world waiting to be discovered’
By Jordan BlumAugust 20, 2026
Meta faces a $1.4 trillion threat that could mean ‘turning in the keys and walking away’—but the stakes of the case reach across tech
Big Tech
Meta faces a $1.4 trillion threat that could mean ‘turning in the keys and walking away’—but the stakes of the case reach across tech
By Tatiana SatauaAugust 20, 2026
People pointing at each other in a boardroom.
C-Suite
Companies are spending trillions on AI. The C-suite doesn’t know who is in charge of it
By Amanda GerutAugust 20, 2026
Teachers in one of San Francisco’s richest suburbs are so underpaid that a philanthropist just gave each of them $9,161
Success
Teachers in one of San Francisco’s richest suburbs are so underpaid that a philanthropist just gave each of them $9,161
By Sydney LakeAugust 20, 2026
Home equity loan and HELOC rates: Aug. 20, 2026
Personal Finance
Home equity loan and HELOC rates, August 20, 2026
By Joseph HostetlerAugust 20, 2026
‘Buyers aren’t yet opening their wallets’: AI-generated assets are flooding marketplaces, but consumers are snubbing them for human-made products
AI
‘Buyers aren’t yet opening their wallets’: AI-generated assets are flooding marketplaces, but consumers are snubbing them for human-made products
By Sasha RogelbergAugust 20, 2026
In this economy, millennials and Gen Z would rather break up than date someone in debt: ‘There’s a pretty big divide’
Personal Finance
In this economy, millennials and Gen Z would rather break up than date someone in debt: ‘There’s a pretty big divide’
By Catherina GioinoAugust 20, 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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