As fortunes at the very top swell, the consequences are not confined to private jets and luxury compounds. When the richest 1 percent pull away from everyone else, the strain shows up in crowded ...

As Elon Musk nears trillionaire status, Anthropic’s billionaire CEO is ringing the alarm that the ultrarich have an ...

Nearly one-third of U.S. household wealth was held by the top 1% in the third quarter of 2025.

The United Nations chief lashed out Thursday at countries that violate international law and called the concentration of power and wealth by the world’s richest 1% “morally indefensible.” At the start ...

If democracy is to endure, it must tame capitalism, not merely coexist with it.

Billionaire wealth surged at three times its recent pace in 2025 to reach its highest level on record, deepening economic and ...

“It took four decades for the top 0.00001% of Americans’ share of total U.S. household wealth to grow from 0.1% in 1982 – when 11 households made up that rarefied group – to 1.2% in 2023.” The ...

Billionaires are now 4,000 times more likely to hold political office than ordinary citizens, a concentration of power that is hollowing out democracies ...

A homeless man pushes a shopping cart full of his belongings across an intersection in the Skid Row area of Los Angeles. [AP Photo/Jae C. Hong] The recently released UBS Global Wealth Report 2025 ...

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The widening gap between the ultra-wealthy and the rest of society is more than just a political talking point; it is a ...