A new billionaire has been minted nearly every day during the pandemic
CNN
The Covid-19 pandemic has been good for the wallets of the wealthy.
Some 573 people have joined the billionaire ranks since 2020, bringing the worldwide total to 2,668, according to an analysis released by Oxfam on Sunday. That means a new billionaire was minted about every 30 hours, on average, so far during the pandemic.
The report, which draws on data compiled by Forbes, looks at the rise of inequality over the past two years. It is timed to coincide with the kickoff of the annual World Economic Forum meeting in Davos, Switzerland, a gathering of some of the wealthiest people and world leaders.
At least a dozen US House Democrats are already facing primary challenges, as progressives seek to transform a party regaining its footing after 2024 by tapping into voters’ frustration with its leaders ahead of next year’s midterm elections.
Friday featured yet another drop in the drip-drip-drip of new information from the Jeffrey Epstein files. This time: new pictures released by House Democrats that feature Donald Trump and other powerful people like Bill Clinton, Steve Bannon and Richard Branson, culled from tens of thousands of photos from Epstein’s estate.
Mubashir had just stepped outside into the snowy Minneapolis winter weather to take his lunch break when he says he saw a masked federal officer running toward him “at full speed.”
The death of a 32-year-old man after riding a high-speed roller coaster at the Universal Epic Universe theme park was accidental, and an investigation has been closed, according to a Florida sheriff’s office report released this week.
Bruna Ferreira had rushed out of her Massachusetts home, shoelaces untied, and was driving to pick up her 11-year-old son from school when she was approached by unmarked vehicles and a “swarm of people.”
The US special forces veteran who spirited Nobel laureate María Corina Machado out of Venezuela has begged her not to return to the country, after a perilous rescue mission that lasted nearly 16 hours and was carried out largely in the middle of the night through rough waters.
House Republicans unveiled a narrow health care package on Friday that does not extend soon-to-expire enhanced Affordable Care Act subsidies — the latest sign that Congress is unlikely to avert skyrocketing insurance premiums for millions of Americans in the new year.
The Department of Labor held a Christian prayer service for its employees this week, TKTKTK this is highly unusual.
The Justice Department sued Fulton County, Georgia, on Friday, seeking records related to the 2020 election as efforts continue to prove President Donald Trump’s false claims that the election was stolen from him.
Adm. Alvin Holsey, the commander of US Southern Command who reportedly clashed with Defense Secretary Pete Hegseth over the legality of the US military strikes in the Caribbean, officially retired on Friday in a ceremony in Floria where he handed the reigns of the command to his deputy.
The nation’s top historic preservation group said Friday it was suing the Trump administration to block construction of President Trump’s planned 90,000 square-foot ballroom until review boards weigh in on the massive project.
The 1980 US Olympic men’s ice hockey team defied nearly insurmountable odds to defeat the Soviet Union, the world’s largest hockey superpower, propelling them to win a gold medal and the nation’s adulation.
Venezuelan opposition leader María Corina Machado said Friday that she is focused on an orderly transition of power in her country should President Nicolás Maduro leave power, and is confident that Venezuela’s police and armed forces would not oppose such a transition.