Over the past decade, the world’s richest 1% have amassed an additional $42 trillion, according to a recent report by Oxfam. The non-governmental organization highlighted that taxes on the wealthy have fallen to "historic lows," exacerbating global inequality and leaving the majority to contend with limited resources. Oxfam's report revealed...

A recent Eurobarometer survey revealed that over 95% of citizens in Greece, Portugal, Malta, and Slovenia believe corruption is rampant in their countries. The poll, released on Wednesday, indicated that more than two-thirds of European Union citizens think corruption is widespread in their respective nations. According to the survey, 68%...

Jim Cramer, Salesforce CEO Marc Benioff, and Workday CEO Carl Eschenbach unveiled their companies’ new partnership aimed at developing artificial intelligence to improve onboarding and human resources, among other functions. The CEOs emphasized that the partnership’s strength lies in combining their extensive data resources. Benioff explained that AI thrives on...

Hybe has appointed its current Chief Strategy Officer, Jason Jaesang Lee, as the next CEO, succeeding Park Jiwon, who led the company for the past three years. Park’s resignation marks a significant shift in the Korean entertainment industry. Hybe emphasized Lee’s extensive expertise in strategic planning and operations, both domestically...

Delta CEO Ed Bastian traveled to Paris on Wednesday morning for the Olympics opening as the airline struggled to manage the aftermath of a significant operational disruption that left around 500,000 passengers stranded due to thousands of flight cancellations. Following a global tech outage that began on Friday, Delta had...

Elon Musk, the world's wealthiest individual, experienced a significant decrease in his wealth on Wednesday as Tesla's stock price plummeted, impacting the net worths of several other billionaires linked to various companies. Although Musk's loss was the most substantial, he wasn't alone in facing financial setbacks. Several high-profile billionaires saw...

Dua Lipa saw an impressive financial year, amassing approximately %1.3 million per week in 2023 due to merchandise sales and her successful Future Nostalgia tour. Financial records up to March 2023 revealed that the 28-year-old artist's company, Radical 22 Live LLP, achieved a staggering turnover of $66.5 million. In May,...

The summer Olympics, scheduled from July 26 to August 11, will feature 10,500 athletes competing in 329 events. The Paralympics will follow from August 28 to September 8, with 4,400 athletes participating in 549 events. The Olympics will see representation from 206 countries, while 184 countries will compete in the...

Determining one's position on the wealth spectrum can be challenging since most Americans are reluctant to discuss financial matters, even though they recognize that such conversations are crucial for financial solutions. Recent research by financial advisory firm Empower indicated that 62% of Americans avoid talking about money, and 35% were...