The scourge of global poverty is estimated to take more than 200 years to eradicate, but the rich may reach new heights in just a fraction of that time, with the world on track to see its first-ever ...
Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...
Billionaire wealth surged in 2024, as the world’s richest people increasingly benefited from inheritance and powerful connections, Oxfam said Monday in its annual inequality report. The combined ...
The five wealthiest people on Earth have become a whole lot richer in recent years. Since 2020, these billionaires’ net worth has skyrocketed 114% to a total of $869 billion, after taking inflation ...
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, based on ...
Food companies making big profits as inflation has surged should face windfall taxes to help cut global inequality, anti-poverty group Oxfam said Monday as the World Economic Forum's annual meeting ...
British humanitarian organization Oxfam called English "the language of a colonising nation" that must be "addressed in order to decolonise our ways of working and shift power," according to its newly ...
The Oxfam Action Network for an Equal Future engages activists and leaders to build power—and wield it—to win real victories for climate action, economic and racial justice, and gender equality. Are ...
The top 1% has garnered two-thirds of the $42 trillion new wealth created since 2020, per UK non-profit Oxfam. But at least 1.7 billion workers live in countries where inflation outpaces wages.
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