World Economic Forum

The 2025 Global Gender Gap Index, released by the World Economic Forum, shows that gender parity worldwide is still a distant fantasy, with 68.8% of the gap closed across 148 economies, an improvement of only 0.3 percentage points from last year. What Happened: At the current pace, the report says...

Recently, the World Bank estimated that there were 1.4 billion unbanked and many more underbanked people globally. The lack of access to financial services is a significant burden for underserved populations, making it harder to get loans and bridge financial gaps, which hurts personal finances and...

Wall Street hit new records as Donald Trump began his second term as 47th U.S. president this week. The S&P 500 index — as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY) — climbed above 6,100 points, surpassing its previous December peak and marking a second consecutive week of gains,...

President Donald Trump confronted Bank of America Corp. (NYSE:BAC) CEO Brian Moynihan and JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon on Thursday at the World Economic Forum, alleging discrimination against conservative clients. Trump, addressing the audience via video conference, accused...

BlackRock Inc (NYSE:BLK) CEO Larry Fink is cautiously optimistic on the markets. He’s optimistic on growth prospects, but warned Thursday that new inflationary pressures could negatively impact stocks. What To Know: During a CNBC interview from the World Economic Forum on “Squawk...

Editor's Note: The headline has been revised to correct a typographical mistake. JP Morgan Chase (NYSE:JPM) CEO, Jamie Dimon, expressed his approval of President Donald Trump’s proposed tariffs on several countries, including Canada, Mexico, and China on Wednesday. What Happened: During...

Artificial intelligence and AI agents are changing the workforce and the job market, according to a report from the World Economic Forum.  The Details: According to the WEF's The Future of Jobs Report 2025, 41% of employers surveyed expect to reduce the size of their workforces in the next...

Salesforce Inc (NYSE:CRM) co-founder, chairman and CEO Marc Benioff took a shot at Microsoft Corp (NASDAQ:MSFT) while laying out his vision for the future of AI Wednesday in a CNBC interview from the World Economic Forum. What Happened: Benioff told CNBC’s Andrew Ross Sorkin that Microsoft...

JPMorgan Chase & Co (NYSE:JPM) CEO Jamie Dimon praised Tesla Inc (NASDAQ:TSLA) CEO Elon Musk on Wednesday and indicated that the two billionaires have patched holes in their relationship. What To Know: In an interview from the World Economic Forum, aired on CNBC's "Squawk Box" Wednesday morning...

Bridgewater Associates founder Ray Dalio believes the key to lowering interest rates and balancing out the bond market is reducing the U.S. budget deficit. What To Know: In an interview from the World Economic Forum on CNBC’s “Squawk Box” Tuesday morning, Dalio indicated that...

The World Economic Forum's (WEF) "Global Risks Report" for 2025 paints a sobering picture of the challenges ahead. The survey, released during the WEF’s annual meeting in Davos, Switzerland, highlights the risks of geopolitical tensions, climate change and disinformation. These risks call...

Global leaders Klaus Schwab and Ray Dalio are calling for increased collaboration between public, private, and philanthropic sectors to address climate change funding gaps, citing Bill Gates‘ Breakthrough Energy as a successful model for climate innovation financing. What Happened: In a joint...

Saudi Arabia has confirmed that the NEOM megaprojects will proceed as initially planned, despite previous reports suggesting a potential scaling back of the futuristic desert development. What Happened: The Kingdom’s economy minister, Faisal Al Ibrahim, dismissed earlier reports of a...

The United Arab Emirates’ (UAE) energy minister, Suhail Al Mazrouei, has expressed his support for JPMorgan’s recent cautionary stance on the global energy transition. What Happened: Al Mazrouei, stated that JPMorgan’s call for a “reality check” on the world’s...

Borge Brende, the president of the World Economic Forum (WEF), expressed concerns about the global economy, warning of a potential decade of low growth due to soaring debt levels. What Happened: Speaking at the WEF’s “Special Meeting on Global Collaboration, Growth and Energy for...