Billionaires' wealth soared in 2024, a top anti-poverty group said ahead of an annual gathering in Davos, Switzerland of some of the world's political and financial elite.

A latest inequality report revealed a major prediction that within the coming decade approximately five renowned personalities on this planet can eventually become trillionaires.

Billionaire wealth skyrocketed by USD 2 trillion in 2024, highlighting increasing inequality. Oxfam's report underscores the growing gap, with Asia contributing USD 299 billion. The wealth gap is fueled by inheritance,

Five people are expected to amass at least $1 trillion in wealth within the next decade, if current trends continue, according to Oxfam’s annual inequality report, released Sunday. Tesla and ...

According to the anti-poverty group Oxfam International, billionaire wealth surged by $2tn (€1.93bn) in 2024, equivalent to roughly $5.7bn (€5.5bn) a day, three times faster than the year ...

After my husband left me, I found solace in a virtual companion—and realized AI's true potential might be in emotional labor.

Climate breakdown and inequality are deeply interwoven, with each crisis exacerbates the other; according to a new report.

Former U.S. President Donald Trump has re-designated Yemen's Houthi movement as a 'foreign terrorist organization', resulting in harsher economic penalties. The move aims to address the group's attacks in the Red Sea,

As the global political economy faces a critical test, global leaders should urgently prioritise strengthening democratic governance and social safeguards in trade rather than undermining them. ITUC General Secretary Luc Triangle took this key message to the 2025 World Economic Forum (WEF) Annual Meeting.

WASHINGTON (AP) — U.S-funded aid programs around the world have begun firing staff and shutting down or preparing to stop their operations, as the Trump administration’s unprecedented freeze on almost all foreign assistance brings their work to a sudden halt.

An opulent $300 million doomsday bunker complex, to protect ultrarich clients from disasters, has been unveiled by protective design specialists. Set to open in 2026, a Virginia-based company called Strategically Armored & Fortified Environments (SAFE) says the bunkers will house 625 people, at up to $20 million per "project Aerie" unit.

Will your will stand up to scrutiny? The case of multi-billionaire Shahzada Dawood, who has left his wife under £100,000, highlights how even wealthy families can struggle.