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Mamdani’s New York is coming to tax your private jet. Here’s how to prepare

Here’s how Mayor Mamdani’s tax agenda could reach the Teterboro ramp — and which airports, ownership structures, and strategies offer the most protection.

By Greg RaiffMay 16, 2026
new mexico
New Mexico is raking in oil profits from Iran War, gaining $59 million for every $1 added to the price of a barrel
By Morgan Lee and The Associated PressMay 15, 2026
boeing
Jury awards $49.5 million to family of 24-year-old who died in Boeing 737 Max crash in 2019
By Rio Yamat and The Associated PressMay 15, 2026
ratcliffe
CIA director traveled to Cuba and met with Raul Castro’s grandson, officials confirm
By Andrea Rodriguez, Eric Tucker and The Associated PressMay 15, 2026
leo
Pope Leo warns of ‘spiral of annihilation’ as AI warfare leads to symphony of destruction
By Nicole Winfield, Paolo Santalucia and The Associated PressMay 15, 2026
osborn
Democrats are looking for conservative versions of Bernie Sanders in states like Nebraska and Alaska
By Steve Peoples, Mike Catalini and The Associated PressMay 15, 2026
Law
More in Law
PayPal reaches $30 million DOJ settlement over 2020 program for Black-owned businesses
PayPal reaches $30 million DOJ settlement over 2020 program for Black-owned businesses

The agreement comes just one month after IBM agreed to pay $17 million in damages to the DOJ over its DEI programming.

By Kristen Parisi and HR BrewMay 14, 2026
The ‘Knight Rider’ replica car got a $50 speeding ticket in New York despite never leaving Chicago museum

“We want to find out who this Knight Rider guy is,” said the Chicago museum’s marketing director.

By The Associated Press and Dave CollinsMay 14, 2026
Parents want less screen time in schools. Administrators say opting out isn’t feasible

“There is not an option for us to not have technology in schools,” said a Lower Merion School Board member, facing down a petition from 600 parents.

By Sharon Lurye and The Associated PressMay 14, 2026
‘Ocean Dream’ diamond, largest blue-green stone of its kind in the world, sells for $17.3 million

Christie’s called it a record price for a stone of its kind sold at auction.

By The Associated PressMay 14, 2026
More in Law
Politics
More in Politics
krishna
The U.S. has 1,200 AI bills and no good test for any of them

Yale’s Jeffrey Sonnenfeld and Stephen Henriques and NYU’s Gary Marcus offer a method for separating necessary AI regulation from legislative noise.

By Jeffrey Sonnenfeld, Gary Marcus and Stephen HenriquesMay 15, 2026
Senators are ‘putting our money where our mouth is’ and approve withholding their pay during government shutdown

Shutting down the government should not be the default, said Louisiana Sen. John Kennedy, who sponsored the bill.

By The Associated Press, Joey Cappelletti and Mary Clare JalonickMay 14, 2026
Starmer sees open rebellion break out, challenge incoming from former Health Secretary

Health Secretary Wes Streeting became the first senior minister to quit Starmer ’s Cabinet on Thursday.

By Danica Kirka, Brian Melley, Pan Pylas and The Associated PressMay 14, 2026
Trump tells Xi, ‘It’s an honor to be your friend.’ Xi responds by talking about Taiwan

Xi asked “whether the two countries can transcend the ‘Thucydides Trap’ and forge a new model for relations between major powers.”

By Will Weissert, Aamer Madhani and The Associated PressMay 14, 2026
More in Politics
Latest Stories
cyborg
Future of WorkAI’s cyborg problem: you have to embrace it to really succeed but 90% of people can’t or don’t want to
By Nick LichtenbergMay 16, 2026
connor vukelich
Future of WorkMeet the 20-year-old CEO who launched a company in high school to solve Gen Z’s entry-level job crisis
By Jake AngeloMay 16, 2026
IDEO invented ‘human-centered design.’ Can it survive an AI world where everything looks the same?
AsiaIDEO invented ‘human-centered design.’ Can it survive an AI world where everything looks the same?
By Nicholas GordonMay 16, 2026
alex
Future of WorkLeaders, stop with the Gen Z generalizations 
By Alex CooperMay 16, 2026
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, and US President Donald Trump during a dinner with tech leaders in the State Dining Room of the White House in Washington, DC, US, on Thursday, Sept. 4, 2025. US President Donald Trump said he would be imposing tariffs on semiconductor imports "very shortly" but spare goods from companies like Apple Inc. that have pledged to boost their US investments. Photographer: Will Oliver/EPA/Bloomberg via Getty Images
Big TechHow Trump’s ‘unusual’ brokerage account traded around his own market-moving decisions—selling hyperscalers and buying energy stocks during the war
By Eva RoytburgMay 15, 2026
Berkshire triples Alphabet stake and buys Delta stock while dumping Amazon in Greg Abel’s first quarter as CEO
InvestingBerkshire triples Alphabet stake and buys Delta stock while dumping Amazon in Greg Abel’s first quarter as CEO
By Josh Funk and The Associated PressMay 15, 2026
SpaceX said to plan public IPO filing as soon as Wednesday
Big TechSpaceX said to plan public IPO filing as soon as Wednesday
By Anthony Hughes, Bailey Lipschultz and BloombergMay 15, 2026
America’s productivity boom started before AI, and a Stanford economist who decoded the Great Resignation says working from home is the reason why
Future of WorkAmerica’s productivity boom started before AI, and a Stanford economist who decoded the Great Resignation says working from home is the reason why
By Marco Quiroz-GutierrezMay 15, 2026
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Iran responds to U.S. ceasefire proposal, saying talks must focus on permanently ending the war on all fronts
PoliticsIran responds to U.S. ceasefire proposal, saying talks must focus on permanently ending the war on all fronts
By Jon Gambrell, Samy Magdy and The Associated PressMay 10, 2026
China may not offer breakthroughs when Trump meets Xi because Beijing is ‘working backward from our midterm elections’
AsiaChina may not offer breakthroughs when Trump meets Xi because Beijing is ‘working backward from our midterm elections’
By Will Weissert and The Associated PressMay 10, 2026
Shaky Iran war ceasefire tested again as drone hits cargo ship off Qatar coast while Kuwait and UAE repel drone attacks
PoliticsShaky Iran war ceasefire tested again as drone hits cargo ship off Qatar coast while Kuwait and UAE repel drone attacks
By Jon Gambrell, Samy Magdy and The Associated PressMay 10, 2026
Elon Musk stares
Economy‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt
By Jacqueline MunisMay 10, 2026
Fortune Archives: Ted Turner’s reckless, brilliant bets
LawFortune Archives: Ted Turner’s reckless, brilliant bets
By Indrani SenMay 10, 2026
trump
CommentaryTrump thinks he’s flying to Beijing with leverage. China spent 6 years making sure he doesn’t have any
By Steve H. HankeMay 10, 2026
UK moves warship to Middle East for potential Hormuz mission
PoliticsUK moves warship to Middle East for potential Hormuz mission
By Ellen Milligan and BloombergMay 9, 2026
Iran war is draining world’s oil buffer at an unprecedented pace
EnergyIran war is draining world’s oil buffer at an unprecedented pace
By Grant Smith, Yongchang Chin and BloombergMay 9, 2026
A federal judge weighing the future of a D.C. golf course doesn’t want to be Amy Poehler, but Trump might be interested as he remakes parks
PoliticsA federal judge weighing the future of a D.C. golf course doesn’t want to be Amy Poehler, but Trump might be interested as he remakes parks
By Steven Sloan and The Associated PressMay 9, 2026
Russian debt defaults are surging, with a quarter of the bond market at risk, while Putin hides in bunkers fixated on his war instead of the economy
EconomyRussian debt defaults are surging, with a quarter of the bond market at risk, while Putin hides in bunkers fixated on his war instead of the economy
By Jason MaMay 9, 2026
Ted Cruz says the quiet part out loud: Trump accounts are Social Security personal accounts as GOP senator reveals ‘dirty little secret’
PoliticsTed Cruz says the quiet part out loud: Trump accounts are Social Security personal accounts as GOP senator reveals ‘dirty little secret’
By Jason MaMay 9, 2026
Putin presides over Russia’s Victory Day parade without tanks, missiles and other heavy equipment due to threat of Ukrainian long-range drones
PoliticsPutin presides over Russia’s Victory Day parade without tanks, missiles and other heavy equipment due to threat of Ukrainian long-range drones
By The Associated PressMay 9, 2026
Bahrain, which hosts the U.S. Navy’s Mideast HQ, arrests dozens with alleged links to Iran’s Revolutionary Guard
PoliticsBahrain, which hosts the U.S. Navy’s Mideast HQ, arrests dozens with alleged links to Iran’s Revolutionary Guard
By Adam Schreck, Samy Magdy and The Associated PressMay 9, 2026
Pedestrian who jumped Denver airport fence dies after being hit by Frontier Airlines plane, sparking an engine fire and forcing passengers to evacuate
North AmericaPedestrian who jumped Denver airport fence dies after being hit by Frontier Airlines plane, sparking an engine fire and forcing passengers to evacuate
By The Associated PressMay 9, 2026
As hantavirus outbreak unfolds, the CDC is missing in action, experts say. ‘I’m very sorry to say that we are not prepared’
PoliticsAs hantavirus outbreak unfolds, the CDC is missing in action, experts say. ‘I’m very sorry to say that we are not prepared’
By Mike Stobbe and The Associated PressMay 9, 2026
Protester at Jeffrey Epstein hearing
LawHow Jeffrey Epstein leveraged a prestigious U.N.-affiliated nonprofit—and the Gates Foundation—to control women and keep them in his orbit
By Jessica MathewsMay 9, 2026
You’re probably safe from the Hantavirus outbreak, but here’s what you absolutely must not do, experts say
PoliticsYou’re probably safe from the Hantavirus outbreak, but here’s what you absolutely must not do, experts say
By Catherina GioinoMay 8, 2026
kid on phone
Politics‘Close to zero’: Schools are spending tens of millions banning phones from classrooms, but test scores aren’t improving
By Jake AngeloMay 8, 2026
Iran may have a higher tolerance for economic pain—but the pain is excruciating as regime reveals 100% inflation in just days on some items
EconomyIran may have a higher tolerance for economic pain—but the pain is excruciating as regime reveals 100% inflation in just days on some items
By Jason MaMay 8, 2026
Apple promised a smarter Siri, but a lawsuit says it didn’t deliver—and you can get up to $95 back
LawApple promised a smarter Siri, but a lawsuit says it didn’t deliver—and you can get up to $95 back
By Catherina GioinoMay 8, 2026
Ray Dalio: the ‘heart attack’ of America’s debt crisis is just the beginning of a ‘great turbulence’ that will reshape the country
EconomyRay Dalio: the ‘heart attack’ of America’s debt crisis is just the beginning of a ‘great turbulence’ that will reshape the country
By Nick LichtenbergMay 8, 2026
eisenhower office
PoliticsTrump wants to repaint a historic landmark. Preservationists say it will destroy it—and cost taxpayers $7.5m
By The Associated Press and Darlene SupervilleMay 8, 2026
UFOs
North AmericaPentagon begins releasing new files on UFOs, telling public to draw their own conclusions
By Collin Binkley, Seung Min Kim and The Associated PressMay 8, 2026
trump
EconomyU.S. economy surprises with 115,000 new jobs created in April
By Paul Wiseman and The Associated PressMay 8, 2026
mamdani
Real EstateNew York is going to tax the wealthy’s second homes, but not tax wealth itself
By Anthony Izaguirre and The Associated PressMay 8, 2026
Wall Street piles into ‘NACHO’ bet on looming oil shortages in June
EconomyWall Street piles into ‘NACHO’ bet on looming oil shortages in June
By Jim EdwardsMay 8, 2026
amit
AI$96 billion giant ServiceNow doesn’t see a ‘SaaSpocalypse.’ It sees the ‘hard lift, heavy lifting’ phase just beginning
By Nick LichtenbergMay 7, 2026
collins
Politics73-year-old Susan Collins has been a senator for decades. She only just disclosed a benign essential tremor
By Patrick Whittle, Kimberlee Kruesi and The Associated PressMay 7, 2026
usps
LawTrump administration thinks maybe it’s okay to let people send handguns to each other through the mail
By The Associated Press and Jessica HillMay 7, 2026
Motorbikes drive past a billboard with graphic showing the late Iranian Supreme Leader Ayatollah Ali Khamenei
PoliticsIran is setting up an agency to tax ships passing through Hormuz even as it negotiates a peace deal
By Adam Schreck, David McHugh, Russ Bynum and The Associated PressMay 7, 2026
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The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promisesplaceholder alt text
By Jake AngeloMay 12, 2026
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Despite having a $165 million net worth, Scarlett Johansson says work-life balance doesn’t exist—and the first step to success is admitting thatplaceholder alt text
By Preston ForeMay 13, 2026
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By Joseph HostetlerMay 15, 2026
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