Politics Jan 28 After running on a working-class message, Trump fills his government with billionaires By Bill Barrow, Associated Press
World Jan 21 Billionaires’ wealth soared in 2024, at least five trillionaires expected in next decade, anti-poverty group says The anti-poverty group Oxfam International's latest report on global inequality is calling for caps on CEO pay, better salaries for workers, and echoes former President Joe Biden's call for higher taxes on the wealthiest to get them to pay their… By Jamey Keaten, Associated Press
World Nov 22 Indian billionaire Gautam Adani’s business empire at risk amid U.S. indictment for fraud, bribery Adani, a major power player in India perceived as close to Prime Minister Narendra Modi, was charged on Wednesday by U.S. prosecutors with securities fraud and conspiracy to commit securities and wire fraud. By Krutika Pathi, Associated Press
Economy Nov 20 Billionaire Gautam Adani charged with fraud, hiding bribery scheme from investors An Indian businessman who is one of the world’s richest people has been indicted in the U.S. on charges he duped investors in a massive solar energy project in his home country by concealing that it was facilitated by alleged… By Associated Press
Politics Nov 11 Watch 5:44 A look at the influence Elon Musk could have in the incoming Trump administration Elon Musk was among Donald Trump’s most visible and powerful surrogates on the campaign trail. Now with President-elect Trump, Musk remains within the inner circle, joining calls with world leaders and weighing in on staffing decisions. Amna Nawaz discussed the… By Amna Nawaz, Karina Cuevas
Sep 12 First private spacewalk pulled off high above Earth By Marcia Dunn, Associated Press It was a high-risk endeavor reserved for professional astronauts — until now. Tech entrepreneur Jared Isaacman teamed up with SpaceX to test the company’s brand new spacesuits on his chartered flight. Continue reading
Jan 17 Billionaire backers of new California city reveal map and details of proposed development By Janie Har, Associated Press The Forever California company plans to submit paperwork Wednesday to ask voters on the November ballot to allow them to build the city on agricultural land now protected. Continue reading
Feb 07 WATCH: Cracking down on wealthy tax cheats is fiscally responsible, Biden says during State of the Union By Associated Press Biden used the speech to highlight his focus on the common man, calling out billionaires who pay lower tax rates than the middle class and airlines that treat their passengers like “suckers.”… Continue reading
Aug 11 Watch 7:24 Examining the tax provisions in the Democrats’ budget bill By Lisa Desjardins As the House prepares to cast the final vote Friday on the Democrats’ sweeping climate and health care bill, we take a look at how the legislation also impacts tax policy. Michael Graetz, a professor of tax law at Columbia… Continue watching
Apr 12 Watch 8:27 Why corporations are reaping record profits with inflation on the rise By Paul Solman, Lee Koromvokis Despite rising inflation, major U.S. corporations are reporting record profits, as companies pass rising supply-chain costs onto consumers. Economics correspondent Paul Solman explores whether concentrated market power is contributing to inflation. Continue watching