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Trump’s Strait of Hormuz toll proposal could raise nearly $200 billion annually: Report

Donald Trump has proposed a 20% toll on cargo passing through the Strait of Hormuz. Experts estimate the levy could…

July 14, 2026 20:49 IST

New York’s shrinking share of US millionaires costs nearly $11 billion as Mamdani pushes to tax the rich

New York’s shrinking share of US millionaires cost nearly $11 billion in potential tax revenue, raising concerns over Zohran Mamdani’s…

July 14, 2026 20:06 IST

AI to become more powerful in 10 years? Ex-Google CEO, LinkedIn co-founder issue warning about job threat

Over 200 industry leaders, including ex-Google CEO Eric Schmidt, warn of AI’s threat to jobs in a newly signed letter…

July 14, 2026 17:34 IST

US-bound United Boeing plane forced to make sharp turn over Atlantic Ocean, divert to Ireland – Here’s why

A United Airlines Boeing 767-400 flight from Rome to Newark was diverted to Shannon Airport, Ireland, due to engine vibrations…

Updated: July 14, 2026 09:46 IST

Slashed 42% Amazon stake, donated millions in charity — Bezos’ ex-wife net worth still at $35.7 billion

MacKenzie Scott donated $20 million to Active Minds, marking the nonprofit’s largest gift and continuing her philanthropic legacy while maintaining…

July 14, 2026 07:58 IST

Paramount-Warner Bros Discovery $110 billion merger faces lawsuit from California, 11 other states

California and 11 other US states have sued to block Paramount’s proposed $110 billion acquisition of Warner Bros. Discovery, arguing…

July 13, 2026 23:42 IST

Tech layoffs are surging. Now 69% Americans want AI firms to share their wealth with public

AI layoffs are fueling job fears as 69% of Americans support an AI sovereign wealth fund to share tech industry…

July 13, 2026 23:23 IST

US banks find new growth engine beyond Wall Street: Why analysts are betting on a business lending comeback

US banks enter a profit sweet spot as AI spending, booming trading, SpaceX IPO fees and recovering business loan demand…

July 13, 2026 23:00 IST

Trump administration urges banks to treat loans to undocumented immigrants as ‘potentially risky’

The Trump administration has asked US banks to treat loans to undocumented immigrants as higher risk, saying deportation or job…

July 13, 2026 22:19 IST

Meta’s $50 billion Louisiana data center gets a big tax boost as AI spending surges

Meta’s $50 billion Louisiana Hyperion data center expansion gets a major boost from a 20-year sales tax exemption as AI…

July 13, 2026 20:27 IST

Costco worker earns $33 an hour but is a millionaire with a house and pool — here’s how he built his wealth

Costco cashier Tony Barzar built over $1 million in retirement savings through his 401(k), steady pay, bonuses, affordable healthcare and…

July 13, 2026 20:07 IST

500% tariffs on Indian goods? How Lindsay Graham’s death may expedite anti-India bill (Photo: Reuters)

Who could fill Lindsey Graham’s South Carolina Senate seat? Trump names his pick

Lindsey Graham’s death has opened a rare Senate vacancy in South Carolina. Pamela Evette, Nancy Mace and Russell Fry are…

Updated: July 13, 2026 21:06 IST

‘Stop AI Race’: Workers, students protest at OpenAI, Anthropic, Google’s US offices as layoffs surge

Around 400 protestors, including AI workers and students, marched in San Francisco demanding a pause in AI development amid job…

July 13, 2026 12:56 IST

Why is Papa Murphy’s closing restaurants across some US locations?

Papa Murphy’s will close up to 50 company-owned restaurants after its parent company found that many locations were no longer…

July 12, 2026 22:43 IST

Lindsey Graham dies at 71: A look at the $3 million net worth and legacy he leaves behind

Veteran Republican Senator Lindsey Graham, a key political ally of US President Donald Trump, died at the age of 71.

Updated: July 12, 2026 19:57 IST

Most expensive NFL sale ever: Indian-born tech billionaire Vinod Khosla to buy Seahawks in record $9.6 bn deal

Indian-origin billionaire Vinod Khosla and his family are set to purchase the Seattle Seahawks for a record $9.6 billion, pending…

July 12, 2026 12:59 IST

US Senator Lindsey Graham dies at 71; Republican lawmaker’s office issues statement

US Senator Lindsey Graham of South Carolina passed away at age 71 on July 11, 2026.

Updated: July 12, 2026 12:50 IST

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