Davos, Switzerland — Billionaires‘ wealth grew three times faster in 2024 than the year before, a top anti-poverty group reported on Monday as some of the world’s political and financial elite prepared for an annual gathering in Davos, Switzerland. Oxfam International, in its latest assessment of global inequality timed to the opening of the World
The U.S. is marking Martin Luther King Jr. Day, the federal holiday set aside to honor the life of the civil rights icon. But in Alabama and Mississippi, Monday is also Robert E. Lee Day in honor of the Confederate general. The two states recognize King and Lee on the third Monday in January. Their
President-elect Donald Trump promised a spate of executive orders when he takes office as president Monday, suggesting at a Sunday rally in Washington, D.C., that among them will be action on the Jan. 6 rioters. “Everybody in this very large arena will be very happy with my decision on the J6 hostages,” he said of
Vice President Kamala Harris and second gentleman Doug Emhoff are heading back to California after the inauguration, a senior administration official confirmed Sunday. Harris, the official said, will take time to decide her next move. She is expected to write books about her time in politics and her interest in food and cooking, according to
Vivek Ramaswamy, President-elect Donald Trump’s choice to co-lead the Department of Government Efficiency (DOGE) with entrepreneur Elon Musk, is expected to soon step away from the task force, CBS News has learned. Ramaswamy intends to announce a campaign for Ohio governor as soon as the end of January, multiple sources confirmed to CBS News.
Vice President-elect JD Vance on Sunday met with his Chinese counterpart, Vice President of the People’s Republic of China Han Zheng, Trump transition officials confirmed to CBS News. Han is in Washington, D.C., for President-elect Donald Trump’s inauguration on Monday. “Vice President-elect Vance and Vice President Han discussed a range of topics including fentanyl, balancing
Clock is ticking for TikTok and its American users The clock is ticking for TikTok and its 170 million American users 02:01 A man accused of setting a fire at a strip mall in Wisconsin where a congressman’s office is located told authorities he was motivated by the federal ban on TikTok. The office of