The World Economic Forum in Davos, Switzerland, is underway this week — and there are calls for taxing the extremely rich to address global inequality.
But nothing all that golden is minting these new wealthy individuals.“Most billionaire wealth is taken, not earned, 60% comes ...
Ahead of today’s inauguration of President Donald Trump, Oxfam America President and CEO Abby Maxman released the followin ...
Move over billionaires. The first trillionaires are on their way.
The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that ...
2024 was a year of unparalleled humanitarian crises. At top of mind are the conflicts, protracted crises, and severe weather ...
There is increasing disparity in the world today as an "aristocratic oligarchy" is amassing wealth at unforeseen levels, a ...
President Donald Trump will order the U.S. to withdraw from the Paris climate agreement, the White House said on Monday, once ...
“That’s an unimaginable amount,” Rebecca Riddell, senior policy lead at Oxfam America, said of $1 trillion. “This extreme inequality is nothing to celebrate.” The ranks of the ...