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California’s wealth tax doesn’t fix the real problem: Cash-poor billionaires who borrow money, tax-free, to live on

Billionaires live under “buy, borrow, die,” and California’s wealth tax wouldn’t touch that. An estimated $1 trillion of wealth has already fled.

By Nick LichtenbergJanuary 14, 2026
PAGE BRIN
‘Sickening and greedy’: California millionaire slams Larry Page and Sergey Brin for cutting ties with the state to avoid wealth tax
By Jacqueline MunisJanuary 14, 2026
Trump
Courts keep telling Trump that he can’t cut funding for ‘sanctuary cities,’ but now he’s going to try to cut states off, too
By Geoff Mulvihill and The Associated PressJanuary 14, 2026
Hochul
Mamdani-Hochul alliance exposes affordability rift in New York state: ‘Republicans have kids, too, you can stand’
By Anthony Izaguirre and The Associated PressJanuary 14, 2026
Greenland
Trump demands NATO help with U.S. acquiring Greenland: ‘Anything less than that is unacceptable’
By Emma Burrows and The Associated PressJanuary 14, 2026
Latest Stories
A drawing of a piggy bank on a rocket ship.
Personal FinanceBest high-yield savings accounts of January 2026
By Glen Luke FlanaganJanuary 14, 2026
powell
CommentaryForget the K-Shape: We have a barbell economy—and the middle class is buckling under the weight
By Katica RoyJanuary 14, 2026
Jensen Huang
SuccessThe shaky job market won’t last: Nvidia CEO Jensen Huang is ‘fairly confident’ that AI will increase productivity and hiring—but there’s a catch
By Preston ForeJanuary 14, 2026
Academy Award-winning actress Zoe Saldaña
SuccessWith a $15 billion Hollywood portfolio, Zoe Saldaña is now the highest-grossing actor of all time—and the best advice she got was from her mom
By Emma BurleighJanuary 14, 2026
NewslettersTwo of the world’s biggest podcasters went viral talking about why women are having fewer children. Here’s what they got wrong
By Ellie AustinJanuary 14, 2026
Illustration of Google logo and Gemini open on a smartphone.
AIGoogle connects Gemini to users’ emails and photos in push to build a personal assistant
By Beatrice NolanJanuary 14, 2026
Future of WorkWhy a college degree is still worthwhile—and the 3 things it can teach you that AI can’t do
By Jake AngeloJanuary 14, 2026
man with glasses stares into camera
CryptoMeld raises $7 million to integrate stablecoin networks, build the ‘Visa for crypto’
By Carlos GarciaJanuary 14, 2026
More PoliticsPage 100 of 100
A man outside in the snow holds a sign with rainbow lettering that reads, "Save kid's cancer research from 'DOGE' please!"
PoliticsFired NIH workers lost their ‘dream job.’ Due to a Kafkaesque appeals process and slim private-sector offerings, their futures may be in jeopardy, too
By Sasha RogelbergMarch 10, 2025
A store attendant takes a bottle of Champagne from a refrigerated display cabinet
PoliticsU.S. tariffs threaten to put European delicacies, from Champagne to Parmigiano, out of Americans’ reach, conjuring a 1960s throwback
By Prarthana PrakashMarch 10, 2025
President Trump Announces TSMC Investment
Politics‘Trumpcession’ fears spike after Trump refuses to promise economic growth will continue
By Christiaan HetznerMarch 10, 2025
PoliticsHomeland Security Secretary Noem names new ICE leaders and vows to ramp up lie detector tests to identify leakers
By Christine Fernando and The Associated PressMarch 10, 2025
PoliticsICE agents arrest Palestinian activist who helped lead Columbia University protests—and say they are revoking his green card
By Jake Offenhartz and The Associated PressMarch 10, 2025
Claudia Sheinbaum, president of Mexico, greets her followers during a message she gives at the Zocalo in Mexico City
PoliticsMexican president holds mass celebration to cheer delay of U.S. tariffs: ‘Dialogue and respect have prevailed’
By Fabiola Sánchez and The Associated PressMarch 10, 2025
LifestyleRoyal rhythms: King Charles’ dancefloor favorites debut on Apple Music, from Kylie Minogue to Ghanaian Highlife
By AFPMarch 10, 2025
PoliticsAdministrative judge who called on colleagues to ‘resist’ Trump’s ‘illegal mandates’ becomes federal worker folk hero
By Claire Savage and The Associated PressMarch 10, 2025
PoliticsThe U.S. President is ‘unpredictable’ in a way that makes people feel ‘insecure’ says Greenland PM
By AFPMarch 10, 2025
PoliticsCanada’s next prime minister managed the 2008 financial crisis and Brexit—and now Trump’s trade war
By Rob Gillies and The Associated PressMarch 10, 2025
PoliticsUkraine and U.S. meet in Saudi Arabia as Kiev tries to smooth over Trump-Zelensky blow-up—and get more aid
By Jon Gambrell and The Associated PressMarch 10, 2025
PoliticsNo one thinks Trump’s desire to annex Greenland is a joke any more. Here’s why it’s such a prize
By Danica Kirka and The Associated PressMarch 10, 2025
PoliticsBeijing’s tariffs on U.S. farm imports kick in as Trump’s trade war threatens China’s struggling economy
By AFPMarch 10, 2025
PoliticsMark Carney to become Canada’s next prime minister, taking on Trump’s trade war and annexation threat
By Rob Gillies and The Associated PressMarch 9, 2025
Elon Musk speaks during the CPAC-DC in Oxon, Md.
PoliticsTrump has made clear to the cabinet that ‘Elon is your partner,’ Commerce Secretary Howard Lutnick says
By Stuart DyosMarch 9, 2025
Finance‘Nobody will trust a US treaty again,’ and Japan’s yen is now the new safe haven currency, strategist says
By Jason MaMarch 9, 2025
PoliticsMusk calls on US to quit NATO, stop paying for defense of Europe
By Ros Krasny and BloombergMarch 9, 2025
PoliticsHHS workers who research diseases, inspect food and administer Medicare and Medicaid are offered $25,000 buyouts
By Amanda Seitz and The Associated PressMarch 9, 2025
PoliticsSecret Service shoots armed man near the White House after getting report of ‘suicidal individual’
By The Associated PressMarch 9, 2025
PoliticsFEMA cancels classes at national fire training academy amid federal funding cuts
By Christine Fernando and The Associated PressMarch 8, 2025
PoliticsSocial Security goes after overpayments, reversing Biden policy
By Gregory Korte and BloombergMarch 8, 2025
PoliticsHouse Republicans dare Democrats to reject spending bill with the deadline to avert a government shutdown just days away
By Kevin Freking and The Associated PressMarch 8, 2025
PoliticsSocial Security’s acting chief privately admits DOGE ‘will make mistakes’ while cuts delay processing of claims, report says
By Jason MaMarch 8, 2025
Elon Musk attends President Donald Trump's address to a joint session of Congress on March 4.
PoliticsMusk’s DOGE team reportedly tried to fire air traffic controllers amid multiple plane crashes but was stopped by the Transportation secretary
By Stuart DyosMarch 8, 2025
PoliticsVladimir Putin’s ruling party gives actual meat grinders to mothers of soldiers killed in Ukraine as gifts
By AFPMarch 8, 2025
RetailJustice Department opens antitrust probe into egg price spike
By Kim Chipman, Josh Sisco, Leah Nylen and BloombergMarch 8, 2025
PoliticsOnce hailed by Obama as a ‘Champion of Change,’ DOGE’s chief may be wielding extraordinary power—or not—as role remains a mystery
By Ryan J. Foley, Brian Slodysko and The Associated PressMarch 8, 2025
White House Senior Advisor Elon Musk meets with Republican lawmakers.
PoliticsMusk reportedly sneers that Marco Rubio is ‘good on TV’ as top diplomat airs grievances about DOGE cuts during explosive meeting
By Stuart DyosMarch 7, 2025
Lara Trump and Eric Trump attend U.S. President Donald Trumps address to a joint session of Congress at the U.S. Capitol on March 04, 2025 in Washington, DC.
FinanceTrump company sues ‘woke’ Capital One for canceling accounts
By Erik Larson and BloombergMarch 7, 2025
Tech‘I’ve never seen anything like this’: One startup is trying to use Trump’s anti-regulation rhetoric to get an enforcement action reversed
By Jessica MathewsMarch 7, 2025
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Success
Despite his $2.6 billion net worth, MrBeast says he’s having to borrow cash and doesn’t even have enough money in his bank account to buy McDonald’sAn image of a popular article
By Emma BurleighJanuary 13, 2026
Tech
Elon Musk asked people to upload their medical data to X so his AI company could learn to interpret MRIs and CT scansAn image of a popular article
By Sasha RogelbergJanuary 11, 2026
AI
'Godfather of AI' says the technology will create massive unemployment and send profits soaring — 'that is the capitalist system'An image of a popular article
By Jason MaJanuary 12, 2026
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