The ultra-rich pose a threat to our democratic institutions—and the problem will deepen if extreme wealth is left unchecked.

In 2024, an average of nearly four new billionaires were coined every week, according to Oxfam. Much of their wealth will be ...

Put JPMorgan Chase CEO Jamie Dimon in the camp that's just fine with President Trump's potential tariffs. Speaking from the ...

The World Economic Forum in Davos, Switzerland, is underway this week — and there are calls for taxing the extremely rich to address global inequality.

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, ...

A leading NGO warned Monday of an emerging "aristocratic oligarchy" with massive political clout and primed to profit from Donald Trump's presidency, as global elites descend on Davos for their annual ...

Jan. 6 (UPI) --German automaker Volkswagen and Chinese electric car firm XPENG announced Monday plans to expand new super-fast charging stations across China, opening their networks to each other.

The recent Oxfam inequality report that shows that the rich are getting richer, while the poor are getting poor is not at all surprising to COSATU. The latest Oxfam report titled “Public Good or ...

A busy schedule awaits Telangana Chief Minister A. Revanth Reddy in the new year including a few trips abroad. The Chief Minister, accompanied by Industries and IT Minister D. Sridhar Babu and ...