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On the eve of President Barack Obama’s State of the Union address and days before the World Economic Forum in Davos, Switzerland, Oxfam predicts a widening wealth gap and points a finger at lobbying ...

Jan. 15 (UPI) --The world's five richest men more than doubled their fortunes from $405 billion to $869 billion since 2020, while almost 5 billion people around the world became poorer, according to a ...

DAVOS, Switzerland (AP) — Billionaires’ wealth grew three times faster in 2024 than the year before, a top anti-poverty group reported on Monday as some of the world’s political and financial elite ...

DAVOS, Switzerland (AP) — Billionaires' wealth grew three times faster in 2024 than the year before, a top anti-poverty group reported on Monday as some of the world's political and financial elite ...

You may have seen the headlines from Davos, Switzerland, where Oxfam’s latest global inequality report found the world’s richest 62 billionaires have as much wealth as the poorest 3.6 billion people.

As the gathering of the global elites at the annual World Economic Forum meeting in Davos, Switzerland gets underway, the international aid agency Oxfam has published a devastating report on the ...

In the face of an unending pandemic, war and inflation, the wealthiest people and multinational corporations on the planet became “dramatically richer,” driving an “explosion of inequality,” according ...

Oxfam International predicts the world may witness its first trillionaire just within ten years, underscoring the glaring gap between the majority of people living in poverty and the ultra-wealthy.