For The First Time, Jeff Bezos Became Forbes' Richest Person
On Thursday, the Amazon CEO topped Forbes' list of richest people for the first time — a result of Amazon's exploding growth.LEARN MORE
The world's richest 1 percent of people own more than half the globe's total wealth.
The world's richest people got a lot richer this year.
Bloomberg — which keeps track of the world's billionaires — reports the 500 richest people on earth became $1 trillion richer in 2017.
The technology sector had the biggest wealth increase, and Amazon CEO Jeff Bezos banked the largest individual gain: $34.2 billion.
For the first time, the number of billionaires is Asia also surpassed the number in the U.S.
The Guardian notes the world's billionaires "hold the greatest concentration of wealth since the U.S. Gilded Age."
The outlet cited a report by Credit Suisse, which found the world's richest 1 percent of people shared half of the globe's total wealth in 2017.
Over 75,000 Kaiser Permanente workers were expected to strike in multiple states this week as the company and unions negotiated.
Part of the issue customers reported was the email appeared to be for those who bought gift cards — but those who didn't still received the email.
Their contract expired over the weekend and both sides have yet to settle on new terms. The clock is running out for a contract agreement.
Kevin McCarthy has had his eyes on the role of Speaker of the House since at least 2015. Now he's been removed from the post after 269 days.
Police told Morgan State University to shelter as they responded to an active shooter in the area. Multiple people were reportedly shot around 9 p.m.
President Biden held a call Tuesday morning with nearly a dozen leaders of allies and partners to reaffirm the U.S. commitment to Ukraine.