Very rich people (not Bezos, Musk, or Zuckerberg) are calling for higher taxes on the rich. Is the Democratic Party even paying attention?
The sight of Jeff Bezos, Mark Zuckerberg and others at President Trump’s swearing-in was another sign of how business is adapting to a new Washington.
Lizza Dwoskin here filling in on the newsletter from Davos with an assist from Cristiano. Send news tips to: elizabeth.dwoskin@washpost.com. Today: In Davos and Washington, tech execs gather under divergent goals As business titans and world leaders gathered Monday in Davos,
Anthropic CEO predicts AI to outperform human intelligence in 2-3 years. Company struggling to meet demand for its AI chatbot, Claude.
Dario Amodei, CEO and co-founder of AI company Anthropic, joined TIME editor-in-chief Sam Jacobs on stage to talk about the future of AI.
The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the presidential inauguration of Donald Trump.
The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that is three times faster than in 2023.
President Trump criticized the European Union (EU) on Wednesday for levying hefty fines against the world’s biggest tech firms, calling it a “form of taxation” against American companies.
It varies from country to country but the small numbers at the very top of the pile – Forbes identified 2,640 billionaires worldwide last year – often pay very little. French economist Gabriel Zucman estimates they pay as little as 0.3 per cent of their wealth in tax each year. How is this possible?
Jamie Dimon, the billionaire head of the U.S.’ biggest bank, lauded Tesla CEO Elon Musk, the richest man on the planet and a key part of President Donald Trump’s administration, on Wednesday, squashing a long-running beef between the billionaires’ companies as Dimon becomes the latest billionaire warming to Musk or Trump.
Some analysts increasingly believe the president sees levies as more than a negotiating ploy. To him, they’re a potential source of revenue.