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The Latest Breaking News from United States

Have a US 401(k)? Indians must report withdrawals and maturity details in ITR schedules FSI and FA

Indian taxpayers with US 401(k) accounts must now report withdrawals and maturity details in ITR schedules FSI and FA. Failure to disclose can lead to tax issues. Filing Form 40 is crucial for deferring Indian tax until withdrawal, aligning with US taxation and potentially enabling Foreign Tax Credit benefits. New…

The Economic Times

People who walk fast often seem like they are in a hurry, but psychology suggests there may be a bit more going on

Fast walkers often tend to be more conscientious, extraverted and emotionally steady, according to studies published in respected journals. Other traits such as openness, agreeableness, assertiveness and ambition may also play a role, although the evidence is stronger for some traits than others.

The Economic Times

US bond yields back to 'normal'; AI needs a reality check, says Ed Yardeni

Veteran strategist Ed Yardeni views the recent rise in Treasury yields and the AI stock correction as healthy market adjustments, not crisis signals. He believes bond yields are returning to normal levels and AI stock valuations are undergoing a realistic reassessment. Despite a hawkish Fed stance, Yardeni anticipates only one…

The Economic Times

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'He hurt himself very, very badly': Trump's blunt response to Keir Starmer's resignation as UK PM

US President Donald Trump has sharply criticized outgoing UK Prime Minister Keir Starmer's policies on energy, immigration, and foreign relations, suggesting they contributed to his downfall. Trump specifically pointed to Starmer's approach to North Sea oil and the UK's energy independence. He also mentioned a disagreement over the use of…

The Times of India

US proposes 75% hike in citizenship application fee, ends fee waivers for naturalisation seekers

US Homeland Security is proposing a significant hike in naturalisation application fees, with Form N-400 potentially rising by 75% to $1,330. This plan also removes reduced-fee options and fee waivers for many applicants. The department states these changes aim to cover processing costs across the immigration system. The proposal is…

The Economic Times

A tax-law argument could make or break Trump's H-1B $100,000 plan

A US court blocked a $100,000 H-1B visa fee, deeming it an unconstitutional tax imposed by presidential authority without congressional approval. The Trump administration is appealing, arguing it's a lawful immigration restriction. This legal battle tests presidential power versus Congress's taxing authority, with significant implications for skilled immigration and attracting…

The Economic Times

The Strait of Hormuz’s future is unsettled even as more ships venture through

Ship traffic has picked up in the Strait of Hormuz since Iran and the U.S. signed an interim deal to end a war that constricted global oil supplies and fueled inflation, but questions surrounding control of the vital waterway and whether vessels will be charged tolls to cross it could…

Newslaundry

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India welcomes US-Iran peace deal, NSA Doval says pact brings 'cautious optimism'

India's National Security Advisor Ajit Doval expressed cautious optimism regarding the US-Iran MOU, anticipating it will bolster energy security and ease supply chain issues for crucial goods like fertilisers. He highlighted the positive implications for freedom of navigation in the Strait of Hormuz, predicting a significant boost to regional and…

The Economic Times

SpaceX Crash Wipes More Than Warren Buffett's Net Worth From Trillionaire Elon Musk's Fortune

SpaceX shares fell 16%, erasing $152 billion from Elon Musk's fortune. The decline follows a grounded Starship fleet and a $20 billion bond sale, raising investor concerns.

International Business Times UK

TV tonight: Dannii Minogue’s hit gay women’s dating show is back

Will sparks fly in the new series of I Kissed a Girl? Plus: England hopes for another win, this time against Ghana. Here’s what to watch this evening

The Guardian - UK

From the NHS to new homes, Starmer’s successes and setbacks – in charts

The PM said in May that ‘stories beat spreadsheets’, but what does the data tell us about his time in office?

The Guardian - UK

Japan bond yields mixed after relatively weak 5-year auction

Japanese government bond yields showed mixed movements on Tuesday, with a weaker-than-expected auction for 5-year bonds. Yields on shorter maturities edged up, while longer-term bonds saw slight declines. Discussions between Japan's Finance Minister and the U.S. Treasury Secretary about global markets and currency swings have fueled speculation about potential acceleration…

The Economic Times

Indian students are the 'agents of positive change' for Europe-India relations, says EU Ambassador

The EU has launched a new Student Ambassadors' Network, connecting 40 students from 20 Indian universities to foster stronger Europe-India ties. These ambassadors will promote academic and research opportunities in Europe, encouraging youth engagement in the growing partnership. Additionally, 75 Indian students received prestigious Erasmus Mundus scholarships, highlighting Europe's appeal…

The Economic Times

The BenQ MA270S breaks Apple’s monitor monopoly

The BenQ MA270S looks and acts just like a premium Apple display, but it costs a fraction of the price.

TechRadar

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The Conversation

Cheap, effective and dangerous: how Australian farmers came to depend on the toxic weedkiller paraquat

It is illegal to use paraquat in at least 74 jurisdictions worldwide, including the European Union, China, Malaysia, Brazil and, most recently, the US state of Vermont.

The Economic Times

India's LPG imports from US set to cross 1 million tons in June, sources say

India's LPG imports from the U.S. are projected to cross a record 1 million metric tons in June, driven by Middle Eastern supply disruptions. This surge in U.S. purchases, despite higher costs, ensures uninterrupted cooking gas for households. Efforts to boost domestic production and alternative supply routes are also underway…

The Times of India

'Problem solver, including with Bibi': Trump asked how he will stop Netanyahu from derailing Iran talks

President Trump conveyed his optimism regarding easing tensions with Israeli Prime Minister Netanyahu concerning the US-Iran agreement, proclaiming himself a skilled problem solver. In contrast, Netanyahu reaffirmed Israel's right to self-defense actions in southern Lebanon, likening it to America's stance. He noted that despite their alliance, he and Trump sometimes…

International Business Times UK

How the FBI Hunted Down $3.7B Medicare 'Mastermind' Ibrahim Khaldoon Hilmi Hiding Out in Turkey

Ibrahim Khaldoon Hilmi, accused of a $3.7 billion Medicare fraud, has been extradited from Turkey to the US, marking a significant development in the case.

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The Economic Times

Global Market: Standard Chartered bullish on Asia ex-Japan equities, sees strong AI-led growth

Standard Chartered upgraded Asia ex-Japan equities to overweight, expecting the region to post the strongest earnings growth globally in 2026 and 2027, supported by AI investment and semiconductors. It prefers Taiwan, China and India, while maintaining a positive view on US equities, bonds and gold.

The Economic Times

Gold prices fall Rs 1,300/10g; silver tanks Rs 7,200/kg on firm dollar, rate hike fears. What should you do?

Gold and silver prices fell sharply on MCX on Tuesday, reversing gains from the previous session, as a stronger U.S. dollar dampened demand and investors tracked U.S.-Iran peace talks and interest-rate expectations.

The Independent UK

Iran-US war latest: Trump says Tehran willing to ‘give us anything’ as Senate votes to block his military action

Iran has denied that it has agreed to the inspections and warned against ‘exaggerations’

Euronews

Federal judge blocks Trump's push to use database to check citizenship status prior to voting

US federal court says the Trump-led initiative carries the risk of preventing valid voters from their constitutional right to democracy and tramples on Americans’ privacy.

The Economic Times

US Stock Market: Warsh to face lawmakers in key semiannual policy testimony on July 14

Federal Reserve Chair Kevin Warsh is set to deliver his inaugural semiannual monetary policy address to Congress on July 14. This crucial appearance will offer insights into the central bank's stance on inflation, interest rates, and the overall economic outlook. Warsh's testimony follows a departure from tradition earlier this year…

The Economic Times

Sensex trades on choppy note, Nifty below 24,100 as IT stocks drag benchmarks lower

Indian stock markets saw a subdued trading session on Tuesday, with the Sensex and Nifty experiencing minor dips, primarily due to losses in IT stocks. Broader market indices, however, showed resilience. Analysts point to improving West Asian peace prospects and falling crude oil prices as positive for economic growth, though…

The Independent UK

The Strait of Hormuz's future is unsettled even as more ships venture through

Ship traffic has picked up in the Strait of Hormuz since Iran and the U.S. signed an interim deal to end a war that's constricted global oil supplies

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