The world has made tremendous progress in reducing extreme poverty. The percentage of people living in extreme poverty globally fell to a new low of 10 percent in 2015 — the latest number available — ...

Real progress has been made in reducing poverty in recent years, particularly in India and China. However, there is still much uncertainty about the numbers. Using the same data, two reports released ...

In the last three years, the population of the super wealthy has skyrocketed in the U.S. and around the world.

The world economy is growing steadily in the face of global conflict, protectionist trade policies and high interest rates.

Billionaire's wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even ...

Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.

The hardship inflicted on retirees now will surely visit future retirees unless steps are taken to alleviate misery.

Oxfam predicted in its new report that the world was on track to see at least five trillionaires within a decade.

The wealth of the world’s billionaires skyrocketed by a staggering 2$ trillion (£1.64 trillion) in 2024, a surge three times ...

RISING inflation, escalating interest rates, and the depreciating value of the Naira could push an additional 13 million Nigerians below the national poverty line by 2025, according to a report by ...

Khaby Lame, the world’s most-followed TikTok personality, has been appointed as a UNICEF goodwill ambassador, a role that ...

OxFam International’s research adds weight to a warning by outgoing President Joe Biden last week of a “dangerous ...