The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that is three times faster than in 2023.

Billionaire wealth surged last year, with the world's richest individuals adding $2 trillion to their pockets in 2024, according to a new report released Monday.

Group’s report comes as the world’s political and financial elite prepare for an annual gathering in Davos, Switzerland.

The European Medicines Agency (EMA), which is the regulator for vaccines and medicine in the European Union (EU), has stopped using the social media platform X. The website is owned by Elon Musk, who is an important ally of the newly elected United States president Donald Trump.

The wealth of the world's 10 richest men grew US$100 million ($160 million) an hour on average last year, according to Oxfam's Takers Not Makers report, published on Monday.

There is increasing disparity in the world today as an "aristocratic oligarchy" is amassing wealth at unforeseen levels, a report published by development organization Oxfam said. Published ahead of the World Economic Forum (WEF) in Davos,

Australian billionaires earn $67,000 an hour, according to a new report from Oxfam, which is 1300 times more than what everyday workers make.

On The Intercept Briefing podcast with Tech Policy Press’s Justin Hendrix: how a new inaugural era of class unity in tech and politics is taking shape.

Billionaire wealth grew by $2tn in 2024, three times faster than the previous year, according to Oxfam's latest report on wealth. View on euronews

A gesture associated with the Nazis has a surprising history. But in Germany, there was little doubt about its meaning.

The world’s richest man set out on a quest to boost the European powerhouse’s far-right opposition.