The new administration has empowered a handful of extremely rich people to exert disproportionate influence over the ...

This past Monday, the world marked two noteworthy beginnings: the second inauguration of U.S. President Donald Trump and the ...

Trump set himself above the bank and energy executives on the panel, who groveled, flattered and praised him. But like every dictator, he speaks not only for himself but for a social class.

"Our commitment to an enterprise rooted in respect and inclusion is appropriate and necessary," Costco's board of directors ...

"If the report has that impact, then it would be effective." But he notes that in reality, Davos was born in the 1990s at the peak of globalization – a time when the Oxfam report had more influence on ...

"Trillions are being gifted in inheritance, creating a new aristocratic oligarchy that has immense power in our politics and our economy," Oxfam said in its traditional annual pre-Davos report on ...

The World Economic Forum has officially begun. What's at stake for the global development world? We bring you the chalet play ...

At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.

Billionaires' wealth soared in 2024, a top anti-poverty group said ahead of an annual gathering in Davos, Switzerland of some ...

Billionaire wealth surged last year, with the world's richest individuals adding $2 trillion to their pockets in 2024, ...

Oxfam's "Takers Not Makers" report comes as billionaire ... to take part in the World Economic Forum's annual meeting in Davos. Outgoing U.S. President Joe Biden this week warned of the rise ...

Oxfam International reported that billionaires' wealth increased three times faster in 2024, outpacing the previous year's ...