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

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

Within a decade, the world could witness the emergence of its first trillionaire, Oxfam International warns in its latest ...

As the world economic forum kicks off in Davos, Oxfam is putting the spotlight on wealth inequality. According to the ...

The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that ...

DEI in Davos? At the World Economic Forum, where Presidents, CEOs, Executives and World Leaders meet one thing has been ...

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 ...

While economists see a recession as unlikely, some said policy changes like higher tariffs could weigh on economic growth. Can price pressures return to normal in 2025 without a jump in unemployment?

Gov. Andy Beshear is going to Switzerland in January to speak at the World Economic Forum, his office announced Friday. Beshear will be in Davos Jan. 20-24, according to a news release. He was invited ...

“Expanding opportunities for everyone to move up the economic ladder is important for achieving China’s goal of common prosperity,” said Elitza Mileva, World Bank Lead Economist for China. “Equal ...