Making billionaires illegal by taxing their wealth wouldn’t even fund the government for a year, budget expert says | Fortune

California’s proposed wealth tax is coming in for a lot of criticism these days. From Gov.…

Golf legend Jack Nicklaus wins $50 million verdict against former business partners over defamation | Fortune

Professional golf legend Jack Nicklaus has won a $50 million verdict in a defamation lawsuit filed…

Trump has granted clemency to several high-profile white-collar fraudsters. Could Elizabeth Holmes be next? | Fortune

President Donald Trump has been on a clemency kick. During his first year back in office,…

Nathan's Famous goes from 5-cent hot dog stand in Coney Island to $450 million acquisition by Smithfield Foods over 100 years later | Fortune

Nathan’s Famous, which opened as a 5-cent hot dog stand in Coney Island more than a…

U.S. oil producers increasingly ‘slighted’ by Trump’s international focus on crude in Venezuela, Greenland, and beyond | Fortune

The U.S. benchmark for crude oil is sitting just under $60 per barrel, the threshold below…

WPP's CTO says AI is reshaping advertising. But creative judgment needs to remain in human hands | Fortune

In the world of marketing, artificial intelligence tends to get the most attention when it is…

Ray Dalio warns the global rules-based order is already ‘gone’ as Trump threatens Greenland: ‘Let’s not be naive’ | Fortune

Bridgewater Associates founder Ray Dalio, speaking to Fortune’s Kamal Ahmed at the World Economic Forum meeting…

Trump says Mark Zuckerberg showed him a ‘Manhattan-sized’ AI data center | Fortune

President Donald Trump gave a surprise shout-out to Meta CEO Mark Zuckerberg after his address at…

7 ways Europe could hurt the U.S. if Trump doesn’t back down over Greenland | Fortune

President Trump told those gathered at the World Economic Forum meeting in Davos that he would…

Ask an Expert with Claer Barrett — How to organise your finances for the year ahead

The FT’s consumer editor replied to reader questions PublishedJanuary 16 2026 UpdatedJanuary 22 2026 Jump to…