Billionaires' wealth skyrocketing, anti-poverty group says ahead of Davos

Tech Billionaires Get Prominent Places at Trump Inauguration

Tech CEOs pay homage to the new president at church service and swearing-in ceremony.

Inc. - 1h

Hamas Official Says Group Is Ready for ‘Dialogue With America’

In a rare move hours after the cease-fire took effect, one senior Hamas official said the group wants to engage the new Trump administration.

The New York Times - 2h

China says it brokered a ceasefire between Myanmar army and an ethnic rebel group

China says it has brokered a ceasefire between Myanmar’s military government and a major ethnic rebel group in the country’s northeast

ABC News - 2h

Trump Will Take Office as a Crypto Billionaire

The Trump family’s new crypto tokens, which went on sale over the weekend, have soared in value — along with crypto markets in general.

The New York Times - 3h

Big Banks Quit Climate Change Groups Ahead of Trump’s Term

Several large U.S. financial institutions, including the Federal Reserve, have withdrawn from the networks after years of growing political and legal pressure.

The New York Times - 4h

The Assist That Made Magic Johnson a Billionaire

He might even be a better entrepreneur than he was a basketball player, if that’s possible.

Inc. - 5h

As WEF gets underway, the list of world leaders not attending Davos speaks volumes

It's that time of year when the great and good gather for the annual World Economic Forum in Davos, Switzerland. But who's skipping the event is more telling.

CNBC - 6h

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 1990

ABC News - 16h

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 - 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

World Economic Forum: Will Trump and Davos Herald a New World Disorder

Among the issues likely to be explored at the World Economic Forum this week is the future of Ukraine and its impact on Europe.

The New York Times - 2d

Tech billionaires attend inauguration church service

Top tech billionaires including some who were critics of Trump during his first term flock to his inaugural celebrations.

BBC News - 1h

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 - 10h

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 - 11h

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 - 13h

Davos agenda turns to dealmaking and growth as Trump takes office

US financiers look to revival of ‘animal spirits’ despite concerns over threat of trade tariffs

Financial Times - 13h

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

Billionaires and their cash head to Washington for Trump’s inauguration

CEOs are lining up for a swearing-in ceremony that is expected to smash fundraising records

Financial Times - 2d

World Economic Forum: Davos Braces for Political Drama as the World Warms

A new U.S. president’s promise to expand fossil fuels that is at odds with global ambitions to combat climate change will be a topic of discussion at the World Economic Forum.

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

The Guardian view on Biden’s warning of oligarchy: Trump and the malefactors of wealth | Editorial

The outgoing president was right, in his farewell address, to warn of the dangers posed by the billionaires around the table. . Aristocrats are “the most difficult Animals to manage, of anything in ...

The Guardian - 4d

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 - 5d

Biden says "I have given my heart and my soul to our nation" ahead of farewell address

President Biden is addressing the nation from the Oval Office at 8 p.m.

CBS News - 5d

Billionaire Issa brothers’ EG Group readies $13bn US IPO

Private equity-backed petrol station business expected to list as early as this year

Financial Times - Jan. 12

Jamie Dimon on the economy, billionaires, and income inequality

The chairman and CEO of JPMorgan Chase explains why he's referred to cryptocurrencies like Bitcoin as a Ponzi scheme; his bank's efforts to improve the lives of lower-income Americans; and his ...

CBS News - Jan. 12

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

BlackRock departs climate investment group

Asset management firm BlackRock is leaving a climate-focused investing group, the group confirmed. “We are disappointed to see any investor withdraw, but as a voluntary initiative, we respect any ...

The Hill - Jan. 9

Billionaire Frank McCourt's Project Liberty bids for TikTok ahead of Supreme Court arguments

The internet advocacy group's proposed purchase would bring TikTok under American ownership and prevent it from being banned in the U.S.

CNBC - Jan. 9

Fubo’s stock skyrockets as Disney Hulu + Live TV deal creates YouTube TV rival

Shares of FuboTV Inc. skyrocketed Monday after the company announced a deal to combine Walt Disney Co.’s Hulu + Live TV service with Fubo.

MarketWatch - Jan. 7

Chewy is entering ‘beast mode,’ with more than 50% upside ahead, says analyst

Chewy Inc. is well-positioned for a strong 2025, according to Mizuho Securities, which has upgraded the online retailer of pet products to outperform.

MarketWatch - Jan. 6

Maga vs the billionaires

Trump’s fragile coalition is already splintering over immigration

Financial Times - 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 country

Financial 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 power

Financial Times - Jan. 5

The Year Ahead

There’s an empty calendar spread out before us. What meaning will we give to it?

The New York Times - Jan. 4

Sen. John Thune says House Speaker Mike Johnson has a 'really tough job' ahead

Sen. John Thune, R-S.D., the incoming Senate majority leader, said Friday that House Speaker Mike Johnson, R-La., will have a "really tough job," navigating a narrow majority.

NBC News - Jan. 3

Trump says he’s been in touch with GOP holdouts ahead of Speaker vote

President-elect Trump said he has been in touch with Republican holdouts ahead of Friday afternoon's Speaker vote, as uncertainty swirls about whether Speaker Mike Johnson (R-La.) has enough ...

The Hill - Jan. 3

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

Billionaires' wealth skyrocketing, anti-poverty group says ahead of Davos

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