The world’s billionaires grew richer than ever in 2025, charity Oxfam said on Monday, warning of “highly dangerous” political consequences as elites gather at the World Economic Forum in Davos. It sai...
Billionaire wealth surged at three times its recent pace last year to reach its highest level on record, deepening economic and political divides that threaten democratic stability, anti-poverty gr...
The Swiss resort town of Davos hosts the World Economic Forum each January, bringing together politicians, policymakers, and business executives. Christian Hartmann/Reuters Nearly 400 wealthy individu...
AI czar David Sacks Alex Brandon/AP White House AI czar David Sacks criticized the possibility of a California wealth tax. If the tax is ultimately approved, he said it will be "the beginning of s...
Economists and technologists say AI hype obscures displacement, infrastructure costs, and uneven gains....
Good relations with the US commander-in-chief are more than a nice-to-have...
Google cofounder Larry Page reportedly purchased property in South Florida. EMMANUEL DUNAND/AFP/GettyImages Google cofounder Larry Page bought property in Florida amid California's proposed billionair...
Will the tech billionaire attempt a takeover of an airliner out of spite? Here’s the background on Musk’s latest beef, and what it’s really all about....
The South Africa-born tech billionaire made his debut at the world's top political and economic summit in the Swiss Alps, telling the World Economic Forum that robots will outnumber people and AI will...
Luisa Zhou's parents taught her the importance of working hard. Courtesy of Luisa Zhou Luisa Zhou's immigrant parents taught her to work hard and seek security. She ran out of paid time off after help...
Scott Ellis is a millionaire who supports higher taxes for the wealthy, including himself. Courtesy of Scott Ellis Scott Ellis is a Silicon Valley millionaire who supports California's proposed wealth...
Joe Buglewicz for BI Business Insider took a deep-dive look at the bankruptcy auction of an armor-plated Mercedes. The auction was entirely online, and people placed 115 bids without kicking the tires...
Billionaire’s firm plans portfolio to profit from rising and falling prices, following sharp sell-off in digital assets sector...
Bill Gross Mary Hurlbut/Stu News Laguna Bill Gross says the record stock rally needs fresh support to sustain its momentum. "Valuation casts a shadow over markets in 2026," the bond billionair...
The cities building the most homes rely more heavily on immigrant labor. Allen J. Schaben / Los Angeles Times The cities that build and remodel the most homes rely the most heavily on immigrant worker...
Alex Karp, CEO of Palantir, said vocational skills will be in high demand in the AI era. Fabrice COFFRINI / AFP via Getty Images Alex Karp, the CEO and cofounder of Palantir, doesn't have a technical ...
Steve Cohen is the owner of the New York Mets. Joe Raedle/Getty Images A new continuation vehicle has acquired stakes in Point72's fintech startups, a press release states. The new fund raised $280 mi...
The escalating conflict between the White House and the US central bank could have far-reaching consequences...
Middle managers are taking on more direct reports after the "Great Flattening." dowell/Getty Images The average number of reports for managers is increasing as the "Great Flattening" p...
The NFT Paris cancellation offers insight into sponsorship pressure, lower volumes and how the NFT market is reshaping in 2026....