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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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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

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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

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

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

3

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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The anti-Skydance: How a Nike billionaire’s backing lets Laika spend a reported $100 million on ‘Wildwood’
The anti-Skydance: How a Nike billionaire’s backing lets Laika spend a reported $100 million on ‘Wildwood’

The studio behind ‘Coraline’ is run by the Nike co-founder’s son, and its films rarely make money at the box office.

By Andrew McGowanNovember 1, 2026
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
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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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
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
More in Global
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The Taiwan Strait is not on the verge of war: The ‘2027 invasion’ countdown is a mirage
Commentary
The Taiwan Strait is not on the verge of war: The ‘2027 invasion’ countdown is a mirage
By Ningrong LiuOctober 22, 2026
Trump wanted a ‘Trump Ocean’ on Google Maps. He says CEO Sundar Pichai shut it down
North America
Trump wanted a ‘Trump Ocean’ on Google Maps. He says CEO Sundar Pichai shut it down
By Bilin LinOctober 22, 2026
Elon Musk, wearing a suit, frowns and looks to his right.
Law
Judge: Federal government lawyers ‘barely defend’ giving Elon Musk’s DOGE illegal access to government data
By Sasha RogelbergOctober 22, 2026
a
Innovation
Palmer Luckey teams with dire wolf billionaire Ben Lamm to launch $200 million Warhound, unleashing genetically engineered clone dogs of war
By Nick LichtenbergOctober 22, 2026
The Best GLP-1 Boosters and Supplements (2026): What to Know Before You Buy
Health
The Best GLP-1 Boosters and Supplements (2026): What to Know Before You Buy
By Emily PharesOctober 22, 2026
BoxGroup partner Claire Smilow
Success
Claire Smilow helped BoxGroup earn a roughly $1 billion return on Cursor. Now she’s scouting college campuses for the next generation of founders
By Emma BurleighOctober 22, 2026
Daybreak logo on a phone screen
Newsletters
The PHP bug marks a dangerous new era for the internet. OpenAI’s poised to cash in
By Emily ForliniOctober 22, 2026
Mark Zuckerberg says over 10 million people used Meta’s Muse—and demand was so high, he had to get Stripe to raise credit limits
AI
Mark Zuckerberg says over 10 million people used Meta’s Muse—and demand was so high, he had to get Stripe to raise credit limits
By Mia OsmonbekovOctober 22, 2026
Haley Sacks sitting down with Fortune Daily's Ellie Austin.
Personal Finance
‘I’m a millionaire, and I proudly rent’: Mrs. Dow Jones says the American Dream needs a rethink
By Tatiana SatauaOctober 22, 2026
da
AI
AI could displace one in 11 workers, Goldman says, but the layoffs are likely waiting for a recession
By Nick LichtenbergOctober 22, 2026
Venture giant Andreessen Horowitz drops ‘crypto’ from name of blockchain fund, rebrands as ‘a16z Frontier’
Crypto
Venture giant Andreessen Horowitz drops ‘crypto’ from name of blockchain fund, rebrands as ‘a16z Frontier’
By Camila Grigera NaónOctober 22, 2026
Does comprehensive insurance cover hitting a deer or other animals?
Personal Finance
Does comprehensive insurance cover hitting a deer or other animals?
By Joseph HostetlerOctober 22, 2026
Chick-fil-A hit $23.9 billion in sales while closed every Sunday. Its CEO explains why that won’t change, even if it costs the chain billions
C-Suite
Chick-fil-A hit $23.9 billion in sales while closed every Sunday. Its CEO explains why that won’t change, even if it costs the chain billions
By Heather OcchinoOctober 22, 2026
Containers of caffeine pouches, small packets placed in the mouth between the lip and gum, are on display at Red Star Vapor Smoke in Flagstaff, Ariz.
Health
‘A vicious cycle’: Schools ban pouches that have as much caffeine as two cups of coffee—causing stunted ‘development and mental health’ for students
By The Associated Press and Cheyanne MumphreyOctober 22, 2026
GTA VI probably won’t cost the U.S. economy $1 billion—and economists say it wouldn’t matter if it did
Economy
GTA VI probably won’t cost the U.S. economy $1 billion—and economists say it wouldn’t matter if it did
By Catherina GioinoOctober 22, 2026
m
Commentary
We just raised another $550 million to bring AI to the legal industry. I still believe there will be more work than lawyers
By Max JunestrandOctober 22, 2026
‘Disconcerting’: Researchers found a ‘pain’ signal inside AI models. Turning it up made them delete a user’s family photos
AI
‘Disconcerting’: Researchers found a ‘pain’ signal inside AI models. Turning it up made them delete a user’s family photos
By Shae LakeOctober 22, 2026
Eric Schmidt
Success
Ex–Google CEO Eric Schmidt worked 60-hour weeks: ‘I used to tell people my job is to sit in meetings 12 hours a day.’ He says AI will kill that burden
By Preston ForeOctober 22, 2026
Young employees work in team
Success
Over 1,000 analysts competed to pitch Goldman Sachs CEO David Solomon and execs their ideas for community impact—and top teams win $650K for charity
By Emma BurleighOctober 22, 2026
U.S. President Donald Trump reacts during an event in the Oval Office of the White House.
Politics
‘Built on respect’: EU gives International Criminal Court its top human rights prize as U.S. sanctions threaten to cut it off
By The Associated Press, Lorne Cook and Mike CorderOctober 22, 2026
z
AI
‘This effectively sets Russia far behind in the AI race’: Ukraine is wiping out data centers across the border
By The Associated PressOctober 22, 2026
Google wouldn’t call it a data-center ‘backlash,’ but ‘there are often community questions to be addressed’
AI
Google wouldn’t call it a data-center ‘backlash,’ but ‘there are often community questions to be addressed’
By The Associated Press, Marc Levy and Kaitlyn HuamaniOctober 22, 2026
grave
North America
‘It’s like journalism, but for dead people’: Meet the Vermont woman who turned a pandemic gravestone-cleaning hobby into a social media feed
By Kimberlee Kruesi, Amanda Swinhart and The Associated PressOctober 22, 2026
Trucks are parked along the street during a truckers' protest in Naples, Italy, over high fuel prices.
Politics
Say cheese? Not in Italy, where a truckers’ strike has brought mozzarella production to a halt
By Giada Zampano and The Associated PressOctober 22, 2026
The logo of US technology company Meta Platforms Inc. is displayed on a smartphone in front of abstract background on computer screen.
AI
Meta’s CFO Susan Li has a new AI customer in mind: corporate America
By Sheryl EstradaOctober 22, 2026
anis
Commentary
My industry wants you to fire your sales team. One of my customers plans to double theirs
By Anis BennaceurOctober 22, 2026
Daniel Simon smiles for a headshot wearing a black button up.
Startups & Venture
Fintech startup Coast raises $35 million to better track what workers do with company credit cards
By Camila Grigera NaónOctober 22, 2026
Top CD rates from major banks Oct. 22, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on October 22, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerOctober 22, 2026
Current price of Ethereum for Oct. 22, 2026
Personal Finance
Current price of Ethereum for October 22, 2026
By Joseph HostetlerOctober 22, 2026
Current price of Bitcoin for Oct. 22, 2026
Personal Finance
Current price of Bitcoin for October 22, 2026
By Joseph HostetlerOctober 22, 2026
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Cybersecurity
Hackers pushed freezers at hundreds of French supermarkets to 122 degrees. Now the Pentagon is asking whether the same thing hit U.S. military basesplaceholder alt text
By Sasha RogelbergNovember 1, 2026
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
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