'We're in the era of the billionaire,' human rights expert says. Here's why wealth accumulation is accelerating

• ‘We’re in the era of the billionaire,’ human rights expert says. Here's why wealth accumulation is accelerating

  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.
  
  CNBC - 5h

• 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 - 2d
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  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 - 2d
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  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 - 2d

• Tempted to swap your stocks for bonds this year? Here's why we're sticking with equities

  Trying to consistently hop in and out of asset classes is not a game we want to play.
  
  CNBC - 4d
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  Here’s Why I’m Not Investing in Startups Right Now

  In the absence of a strong IPO market, founders should focus on sustainable growth. Here’s how.
  
  Inc. - 5d

• Apple slides on disappointing iPhone data in China. Here's why we're not panicking

  Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
  
  CNBC - 6d
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  Here's why you should clean your pillows. according to experts

  To learn how to clean pillows, I spoke with experts for their guidance. You can use products like Resolve Spot and Stain Remover, Tide Fabric Spray and more to.
  
  NBC News - Jan. 7

• Experts say high food prices are here to stay. Here's why

  Some experts say there's really nothing the government can do about high food prices.
  
  CNBC - Jan. 4

More from NBC News

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  Elon Musk undercuts Trump's Stargate AI investment announcement

  Elon Musk claimed overnight Tuesday that tech giants OpenAI, Oracle and Softbank don’t have enough money to fulfill their high-profile pledge to invest $500 billion in U.S. artificial intelligence ...
  
  NBC News - 5h
• 

  HHS official halts CDC reports and health communications for Trump team review

  Federal health officials have been instructed to temporarily stop any “external communications” to the public, according to two officials with knowledge of the situation.
  
  NBC News - 3h
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  Federal regulations paused, halting FDA's proposed ban on formaldehyde in hair products

  A proposal to ban formaldehyde in hair straightening products is now in limbo after President Donald Trump signed an executive order pausing all federal regulations.
  
  NBC News - 3h
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  Windy conditions spark new brush fires in Southern California

  NBC News' Dana Griffin reports on the Hughes Fire and the red flag warnings that have been extended in Southern California.
  
  NBC News - 2h
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  Lynn Ban, star of Netflix’s 'Bling Empire: New York,' dies after brain surgery due to ski accident

  Jewelry designer Lynn Ban, who starred in the Netflix reality series "Bling Empire: New York," died weeks after she underwent emergency brain surgery due to a skiing accident, her son announced ...
  
  NBC News - 2h

More in Top stories

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  Trump 2nd term live updates: Trump sending 1,500 troops to southern border

  The move builds on an executive order he signed on Monday.
  
  ABC News - 11m
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  California fires live updates: New LA County fire explodes to over 8,000 acres

  At least 28 people are believed to be dead and more than a dozen others remain unaccounted for as multiple wildfires rage across Southern California.
  
  ABC News - 12m

• Is Trump ushering in a new "Gilded Age"?

  The start of President Trump's new term and the rapidly developing tech space are drawing parallels to the Gilded Age of U.S. history. The term, coined by writer Mark Twain, refers to a period from ...
  
  CBS News - 13m

• Seat switching, oversold tickets cause drama at pre-inauguration Trump dinner

  "I didn't want to get out of my seat because I didn't want to lose it," said one guest at President Trump's pre-inauguration Candlelight Dinner.
  
  CBS News - 16m

• Fallout continues from Trump's Jan. 6 pardons, DEI rollback and border crackdown

  President Trump has moved quickly in his first days back in office, pardoning Jan. 6 rioters, ending federal diversity programs and cracking down on immigration. CBS News' Scott MacFarlane, Ed ...
  
  CBS News - 16m