Billionaires' wealth grew three times faster in 2024 than the year before, top anti-poverty group Oxfam International reported in its latest assessment of global inequality as some of the world's political and financial elite prepared for the opening of the World Economic Forum,

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

US president addresses global elites via videolink as he sets out his vision for the world over the next four years.

Billionaire's wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even as the number of people in poverty has barely budged since 1990

The most important step in any solution is to increase the taxes the super-rich must pay, an idea that gained significant traction at the G20 meetings in Brazil last year. Not all countries have billionaires, but every country has a rich elite. The richest 1 percent should be taxed the most everywhere, and taxes on the poorest should be reduced.

The CBI has filed a charge sheet against research and advocacy group Oxfam India and its former CEO Amitabh Behar in connection with alleged violations of rules and regulations related to foreign funds, officials said.

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

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

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

Last week, more than 30 Walmart shareholders, including Amalgamated Bank and Oxfam America, asked the CEO of the ... speaking Wednesday from the World Economic Forum meeting in Davos, Switzerland. “And wherever I go, red states, blue states, green ...

Switzerland. Oxfam International, in its latest assessment of global inequality timed to the opening of the World Economic Forum meeting, also predicts at least five trillionaires will crop up ...