Latest in Anti poverty group says billionaires' wealth soared in 2024 as the elites prepare for another Davos
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Billionaires' wealth skyrocketing, anti-poverty group says ahead of Davos
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.CBS News - 2h -
Anti-poverty group says billionaires' wealth soared in 2024 as the elites prepare for another Davos
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 1990ABC News - 10h -
A Vibe Shift at Davos
For years, C.E.O.s have used the annual gathering at the World Economic Forum to emphasize commitments to D.E.I., E.S.G. and globalization. Now the politics have changed.The New York Times - 1d -
Wealth of world’s billionaires grew by $2tn in 2024, report finds
Rate of wealth growth last year was three times faster than 2023, Oxfam inequality research reveals. The wealth of the world’s billionaires grew by $2tn (£1.64tn) in 2024, three times faster than ...The Guardian - 4h -
World could soon see its first trillionaires, Oxfam says, as billionaire wealth surges
Billionaire wealth surged in 2024, as the world’s richest people increasingly benefited from inheritance and powerful connections, Oxfam said in its annual inequality report.NBC News - 6h -
Myanmar airstrike on detention camp kills dozens, armed opposition group says
Those killed in attack on camp for relatives of junta soldiers in Rakhine state were women and children, Arakan Army says. A Myanmar junta airstrike has killed 28 people, including children, and ...The Guardian - 7h -
Davos is appealing for ‘collaboration in the intelligent age’. Good luck with that
The annual gathering of the globally minded is looking forlorn in the light of Trump 2.0 and trade rows. This year’s week-long gabfest in the Alpine resort of Davos, which kicks off on Monday, will ...The Guardian - 1d -
'Gladiators changed my life', say 2024 finalists
Wesley Male and Bronte Jones talk about life on the show, ahead of its return on Saturday.BBC News - 2d -
World Economic Forum: Behind the Scenes at Davos
Planning and managing the World Economic Forum’s annual meeting is a huge task, and the work for next year’s event will begin as soon as this one ends.The New York Times - 2d -
Florida hotel discriminated against Arab American group, DOJ says
The Florida hotel canceled a summit held by the Arab America Foundation almost a month after the Hamas attack on Israel on Oct. 7, 2023.CBS News - 2d -
Mets signing elite lefty reliever A.J. Minter
The Mets are adding a serious jolt to their bullpen, signing left-hander A.J. Minter.Yahoo Sports - 2d -
Home insurance costs soaring as climate-related events surge, Treasury Department says
During the period, costs for policies across all categories rose 8.7% faster than the rate of inflation.CNBC - 2d -
At Davos, Trump will face a less friendly brand of billionaire – but their dominance is waning | Larry Elliott
These high priests of globalisation are facing the fact that Trump’s tariffs are part of a global shift to protectionism. Hollywood would struggle to come up with a better plot. On Monday, as ...The Guardian - 4d -
Women held keys to land and wealth in Celtic Britain
DNA analysis suggests Iron Age societies in Britain were built around women rather than men.BBC News - 4d -
FEMA administrator says L.A. officials were "very prepared" for wildfires given historic winds
FEMA administrator Deanne Criswell tells "Face the Nation with Margaret Brennan" that she believes Los Angeles officials were "very prepared" for devastating wildfires, but "they have never seen ...CBS News - Jan. 12 -
Criswell says Los Angeles area 'very prepared' for fires, not prepared for '100 mile-an-hour winds'
Federal Emergency Management Agency (FEMA) Administrator Deanne Criswell said in an interview that aired Sunday that the Los Angeles area was “very prepared” for the recent wildfires it has faced, ...The Hill - Jan. 12 -
Billionaire Issa brothers’ EG Group readies $13bn US IPO
Private equity-backed petrol station business expected to list as early as this yearFinancial Times - Jan. 12 -
Bitcoin soared in 2024. How much — if any — should you own?
Bitcoin prices soared in 2024.NBC News - Jan. 11 -
Bitcoin soared in 2024. How much — if any — should you own?
The crypto asset was the top performer in 2024, rising about 125%. But finance pros say bitcoin should generally not account for over 5% of your portfolio.CNBC - Jan. 11 -
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Hottest year on record in 2024 breached global warming threshold, scientists say
Climate scientists say the global warming threshold of 1.5C above pre-industrial was breached in 2024, which was the hottest year on record.NBC News - Jan. 10 -
Myanmar army airstrike in Rakhine state kills about 40 people, says opposition group
Hundreds of homes were burned in Kyauk Ni Maw village in the aerial attack on Rakhine state, says Arakan Army says. An airstrike by Myanmar’s army on a village under the control of an armed ethnic ...The Guardian - Jan. 10 -
Ford CEO says China operations earned $600 million in 2024
Ford Motor's operations in China earned roughly $600 million last year despite challenging market conditions, CEO Jim Farley said Thursday night.CNBC - Jan. 10 -
Biden says he could have beaten Trump in 2024 election
President Biden says he thinks he could have beaten President-elect Donald Trump in the 2024 election. However, in an interview with USA Today, Biden also admitted he isn't sure he'd have the ...CBS News - Jan. 8 -
Former United Airlines employee called anti-Asian slurs and assaulted on job, settlement says
United Airlines will pay $99,000 to settle a federal discrimination case in which an Asian American employee alleged that a supervisor called him an anti-Asian slur, told him to pull up his mask ...NBC News - Jan. 8 -
Death toll of Haiti gang violence rose to 5,600 in 2024, UN says
UN Human Rights Office adds that 2,200 were injured and nearly 1,500 kidnapped as international mission struggles. More than 5,600 people were reported killed in Haiti last year, the UN has said, ...The Guardian - Jan. 7 -
Iran reportedly executed at least 901 people in 2024, UN says
The UN human rights chief says it is time Iran "stems this ever-swelling tide of executions".BBC News - Jan. 7 -
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'Another violation,' Blinken says of North Korean launch as he visits South Korea
The JCS said the South Korean military has heightened surveillance for additional launches and maintaining a readiness posture to share info with the U.S. and Japan.ABC News - Jan. 6 -
Maga vs the billionaires
Trump’s fragile coalition is already splintering over immigrationFinancial Times - Jan. 6 -
Aaron Rodgers throws 500th TD: Jets veteran joins elite group of quarterbacks to reach historic NFL milestone
The ultra-exclusive list also includes Rodgers' former teammateCBS Sports - Jan. 6 -
This money bias is 'the biggest barrier to building wealth,' says financial psychologist
Putting off some key financial moves because they seem too complex? You could be costing yourself over the long run.CNBC - Jan. 5 -
Polish wealth managers warn against tax changes for family foundations
Structure was set up in 2023 to encourage money to stay in the countryFinancial Times - Jan. 5 -
Tech groups to pay premium for energy for Malaysia data centres, says minister
Investment in ‘oil of the 21st century’ will support country’s development of renewable powerFinancial Times - Jan. 5 -
Pope says bullying at school prepares students for war, not peace
"Imagining peace" lays foundation for "more just and fraternal world," he says.ABC News - Jan. 4 -
‘We’ve been at this rodeo before’: gun-safety groups prepare for second Trump term
With ‘the best friend gun owners have ever had in the White House’ to return, gun-safety groups eye state level actions. Donald Trump ’s imminent return to Washington has put gun-safety groups on ...The Guardian - Jan. 4 -
This factor makes 11 stocks look like better bargains even after they soared in 2024
Some stocks’ price-to-earnings valuations declined even as they outpaced the S&P 500’s big gain.MarketWatch - Jan. 4 -
House prices rose by 4.7% in 2024, says Nationwide
Housing market activity remained "remarkably resilient" despite affordability challenges, the lender says.BBC News - Jan. 2 -
FBI says it foiled possible attack against pro-Israel group Aipac
Man accused of traveling to offices in Florida with intention of ‘killing, injuring, harassing and intimidating’. FBI agents say they have foiled a possible attack on a US pro-Israel group ...The Guardian - Jan. 1