Brent crude futures were down 90 cents, or 1.14%, at $78.1 a barrel by 11:40 a.m. EST (1640 GMT). U.S. West Texas Intermediate crude (WTI) fell $1.01, or 1.34%, to $74.43.

Move over billionaires. The first trillionaires are on their way.

The 55 th Annual Meeting of the World Economic Forum opened this week with a powerful message and all-encompassing themes. Klaus Schwab, World Economic Forum Founder and Chairman of the Board of Trustees, global leaders, leaving no doubt about his message: the undeniable need for, in Schwab’s words, Collaboration for the Intelligent Age.

At the World Economic Forum, President Trump's return to the White House overshadowed traditional talk on climate change, trade and development.

At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.

Political Strategist Julio Rivera joins FOX 5's LiveZone to discuss President Donald Trump addresses world leaders at the World Economic Forum in Davos on Thursday, the crack down on immigration policies,

In a first-of-its-kind event, Elon Musk hosted a delegation of leading Indian business figures at SpaceX's Starbase facility in Texas. The exclusive gathering, led by India Global Forum (IGF) Founder Manoj Ladwa,

In the last few years, billionaires have only been adding to their net worth, and it likely won't be long until someone reaches the status of a trillionaire. Here's everything you need to know

The gathering, led by India Global Forum (IGF) founder Manoj Ladwa, included entrepreneurs engaging with Musk. The delegates also toured the Starbase facility, where they saw the successful launch and booster catch of SpaceXs Starship Flight 7.

The United States on Friday grounded SpaceX's Starship and ordered Elon Musk's company to investigate why the spaceship spectacularly disintegrated in a fiery cascade over the Caribbean during its latest test mission.

Elon Musk sees positive trends in India-US trade, favoring an enhanced partnership. He met with Indian business leaders at SpaceX's Starbase in Texas, highlighting potential collaboration in technology and space exploration.

The Tesla and SpaceX CEO has increasingly found himself ... Owens, a former senior economic policy adviser to Sen. Elizabeth Warren (D-Mass.), said these posts created “choppy waters” for ...