Ahead of today’s inauguration of President Donald Trump, Oxfam America President and CEO Abby Maxman released the followin

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,

Oxfam report said billionaire wealth grew by $2 trillion last year, or roughly $5.7 billion a day, three-times faster than in 2023.

The S&P 500 largely erased its post-election gains the past few weeks. As Trump’s inauguration nears, investors seem ready to play the market again.

As global elites arrive in Davos for the annual World Economic Forum, the global advocacy group Oxfam reported that billionaires' wealth increased three times faster in 2024 than the previous year, and it warned of an emerging aristocratic oligarchy with enormous political clout,

A leading NGO warned Monday of an emerging "aristocratic oligarchy" with massive political clout and primed to profit from Donald Trump's presidency, as global elites descend on Davos for their annual confab.

At his inauguration in Washington, DC, overnight, Trump claimed that “America’s decline is over” and the “golden age of America begins right now” ( Reuters );

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

Supreme Court Chief Justice John Roberts began administering the oath to Trump and told him to raise his right hand before first lady Melania Trump, who was holding the Bible, made it to Trump’s side. Video and images of the ceremony show that Trump repeated the oath but never moved his left hand onto the Bible.

President Donald Trump announced Monday he is withdrawing the US from the World Health Organization, a significant move on his first day back in the White House cutting ties with the United Nations’ public health agency and drawing criticism from public health experts.

Oligarchy or Opportunity? The Global Elite’s Imminent Confab in Davos** As the world's elites gather in Davos for their annual powwow, many are raising eyebrows over the impli