President Donald Trump on Wednesday hosted top global business executives at the White House for the “Investing in America” event, where he revealed over $2 trillion in new investment commitments aimed at strengthening U.S. manufacturing, infrastructure, and artificial intelligence leadership. Speaking in front of industry leaders from companies including Nvidia, SoftBank, GE Aerospace, Oracle, and OpenAI, Trump framed the gathering as a milestone in what he described as the most

In an eye-opening revelation that underscores the worsening cost-of-living crisis in California, new data shows that individuals earning over $100,000 annually in four Bay Area counties are now classified as "low income." According to a recent report from the California Department of Housing and Community Development, single residents in Marin, San Mateo, San Francisco, and Santa Clara counties fall into this category despite salaries that would be considered high in most parts of the

A tragic incident involving an Indian tech entrepreneur has shocked communities both in the United States and India. Harshavardhana S Kikkeri, 57, founder and CEO of the now-defunct robotics firm HoloWorld, allegedly shot and killed his wife and teenage son before dying by suicide at their home in Newcastle, Washington, on April 24. The incident is currently under investigation by the King County Sheriff's Office, and authorities are working to determine the motive behind this heartbreaki

 Adidas has confirmed that U.S. tariffs introduced under former President Donald Trump will eventually lead to price increases on all of its products sold in the American market. The German sportswear company made the statement on Tuesday while presenting a strong financial performance for the first quarter, though it acknowledged that continued global trade uncertainty was holding back its growth forecast. The sportswear giant said it could not yet determine exactly how much

The City of Houston spent $180 million from its general fund on purchasing goods and services during the fiscal year ending June 30, 2024, according to newly released public financial records. Overseeing that massive flow of public funds was the Strategic Procurement Division of the Finance Department, which itself cost about $9.5 million to operate last year. City officials emphasize that purchasing within a government body like Houston is far different from everyday consumer spending. Unlik

Several immigrant mothers have come forward through their legal teams to expose how U.S. Immigration and Customs Enforcement deported them with their U.S. citizen children—some of whom were critically ill—without adequate legal access, medical consideration, or time to make informed decisions about their children’s future. These removals, which occurred over the weekend, have sparked widespread condemnation from attorneys and civil rights advocates who say the actions are not o

In a tragic turn of events, actor Rohit Basfore, who was set to appear in the much-anticipated series 'The Family Man 3', was found dead at Garbhanga Waterfalls near Guwahati on Sunday, April 27. The incident has left the entertainment industry and his fans shocked, as details surrounding his death continue to emerge. According to officials from the Rani Police Outpost, Basfore had gone to the scenic Garbhanga Waterfalls for a picnic with nine of his colleagues. The outing t

Gold has once again taken center stage in the global financial landscape, reasserting itself as a preferred safe-haven asset at a time when traditional pillars like U.S. Treasurys and the dollar are facing significant challenges. As economic instability, inflation fears, and geopolitical risks rise, investors are increasingly turning to gold as a reliable store of value. The recent depreciation of the U.S. dollar has been a key factor in gold’s renewed strength. Several econ

If you're wondering whether to invest in gold or mutual funds this year, you're not alone. With rising market uncertainty, inflation concerns, and global geopolitical tensions, investors are reevaluating traditional assets. Gold and mutual funds have long stood as two prominent options for Indian investors. While both offer potential returns, they cater to different investment styles, goals, and risk appetites. Financial experts suggest that a well-balanced investment portfolio, tailo

In 2024, the United States saw a slight but notable increase in its national birth rate, reversing a record-setting decline the year before. Approximately 3.6 million babies were born, marking a 1% increase from 2023. While modest, this uptick represents a shift in reproductive trends that have been steadily evolving since the late 2000s. One of the most significant patterns to emerge from the data is the rising number of births among older women. The birth rate for women aged 30

 Maryland’s latest budget cycle has ended, but its financial aftershocks are just beginning to ripple through the state's residents and businesses. One of the most significant changes coming into effect is a new 3% tax on information technology and data services, a move intended to help fill a substantial budget deficit left behind by mounting fiscal obligations. Set to begin in July, this new levy is expected to have wide-ranging impacts on both service providers a

Tesla CEO Elon Musk has announced a partial retreat from his high-profile government role to refocus on Tesla, a move that comes in the wake of a dramatic downturn in the company’s sales and profits. During a recent earnings call, Musk informed investors that starting in May, his commitment to the Department of Government Efficiency (DOGE) would be scaled back to just one or two days per week. He defended his involvement with DOGE, stating it was part of a mission to combat national was

In a series of intense deliberations, the Texas House of Representatives has embarked on finalizing the state's budget, with debates centering around Attorney General Ken Paxton's backpay, healthcare costs associated with undocumented immigrants, and the future of the Texas Lottery. The budget process, typically procedural, took an unexpected turn when discussions arose about compensating AG Ken Paxton for the period he was suspended during his impeachment proceedings in 2023. Represe

India’s annual retail inflation rate eased to 3.34% in March 2025, according to the latest data from the Ministry of Statistics and Programme Implementation. This marks the fifth consecutive month of decline and falls below the 3.61% recorded in February, offering significant relief to policymakers and consumers alike. The main factor contributing to this moderation is the continued softening of food prices, which make up a large portion of the Consumer Price Index (CPI). Food inflation dr

In a heartfelt act of faith and gratitude, Anna Lezhneva, wife of actor-politician Pawan Kalyan, visited the sacred Tirumala temple and made a generous donation of Rs.17 lakhs. The gesture was made in the name of her younger son, Mark Shankar, who recently recovered from a serious fire accident that occurred at his school in Singapore. The young boy is now safe and has returned to Hyderabad to be with his family. Anna Lezhneva, known for maintaining a low profile, touched the hearts of many w

Ray Dalio, billionaire founder of Bridgewater Associates and one of the world’s most closely followed investors, has issued a stark warning that the United States could be on the verge of something far more severe than a typical recession. His concerns are rooted not in speculation, but in a detailed analysis of macroeconomic trends, fiscal policy decisions, and geopolitical tensions that he believes are combining to create an economic environment that could result in significant long-term

 China has indicated a willingness to address India’s rising concerns over a ballooning trade deficit that is projected to touch a record $100 billion in the financial year 2024–25. This development comes as China seeks to offset its economic challenges amid intensifying trade friction with the United States. People familiar with the situation have said that Beijing has informally conveyed its openness to increasing imports from India by reducing tariff and non-tariff barriers,

The City of Dallas has revealed that a miscalculation in commercial remodel permit fees has resulted in a significant financial shortfall, costing the city approximately $8.6 million. The error was disclosed during a recent Economic Development Committee meeting and has prompted urgent calls for reform to prevent further losses. The issue stems from an internal mistake following the adoption of a new permit fee structure introduced in spring 2024. According to the Planning and Development Dep

In a significant policy development, RBI Governor Sanjay Malhotra announced that the Reserve Bank of India will soon release comprehensive regulations governing prudential norms and conduct-related aspects of gold loans. This move follows growing concerns over irregular practices among certain regulated entities (REs) and the recent surge in gold-backed lending across the country. The upcoming regulations aim to harmonize gold loan guidelines across various categories of lenders, including ba

India’s banking sector is projected to witness a year-on-year credit expansion of ₹19 lakh crore to ₹20.5 lakh crore in FY2025-26, amounting to a growth of approximately 10.8%, according to a report by ICRA, a leading credit rating agency. This expansion is expected to be driven by recent monetary easing measures implemented by the Reserve Bank of India (RBI), though structural challenges in deposit mobilisation and rising credit-deposit ratios may temper growth momentum. According to