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

The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the presidential inauguration of Donald Trump.

A leading NGO warned Monday of an emerging "aristocratic oligarchy" with massive political clout and primed to profit from Donald Trump's presidency, as global elites descend on Davos for their annual confab.

Billionaire wealth surged by $2 trillion in 2024—equivalent to $5.7 billion per day—as global inequality reached unprecedented levels, Oxfam International reported Monday. Oxfam's analysis ...

Davos—where the world's richest and most powerful huddle together for public talks. Here's what happened at the forum on Tuesday.

Trump — who juiced his own net worth by tens of billions of dollars with a memecoin strategically released just before his inauguration — is likely to dominate discussions in the Swiss Alps

a top anti-poverty group reported on Monday as some of the world's political and financial elite prepared for an annual gathering in Davos, Switzerland. Oxfam International, in its latest ...

a top anti-poverty group reported on Monday as some of the world’s political and financial elite prepared for an annual gathering in Davos, Switzerland. Oxfam International, in its latest ...

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,

The global elite returned to the Swiss town of Davos this week as the Oxfam charity revealed that the rich are getting richer. The annual meeting of the World Economic Forum (WEF) comes amid climate disaster, war in the Middle East and Ukraine and Donald Trump’s inauguration.

Latest assessment by Oxfam International, timed with the opening of the World Economic Forum, predicts that at least five trillionaires will emerge over the next decade. Billionaires' wealth grew three times faster in 2024 compared to the previous year,