Business — Civic News India

3 days ago

Prize Law Revival Targets Iranian Oil Tankers

The Trump administration is reviving prize law, a centuries-old maritime legal tradition, to more easily seize Iranian oil tankers and sell their assets.

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Aug 28, 2026

Gap's New Hailey Bieber Strategy Ends Discount Era

Gap is rewriting its playbook. Under CEO Richard Dickson, the iconic American retailer is stepping away from constant discounting and betting instead on cultura...

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Aug 28, 2026

Tap-to-Pay Donation Scam Alert: $20 Gift Becomes $2,000

Scammers are exploiting tap-to-pay donations to inflate small gifts into massive charges. Learn how this bait-and-switch works and how to protect your money.

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Aug 27, 2026

Prop 40 Tax: Billionaire Strategist's Shocking Flip

Ned Wigglesworth, once a campaign finance reformer who criticized the "billionaire boys club," now leads opposition to California's Proposition 40 wealth tax.

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Aug 27, 2026

Social Security Insolvency 2032: Wealthy Boomers Strain $40T Debt

The national debt has passed $40 trillion while Social Security faces insolvency by 2032. Wealthy Boomers collecting over $100k in benefits are at the center of the debate.

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Aug 27, 2026

Billionaire Wealth Hits Record $15.1 Trillion in 2025

The number of billionaires hit an all-time high of 3,795 in 2025, with collective wealth reaching $15.1 trillion. AI investments drive growth, while sports and philanthropy remain favorite spending areas.

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Aug 27, 2026

Nvidia Stock Surges 7.63% After Q2 Earnings Shock

Nvidia shares surged 7.63% overnight following an eye-popping Q2 earnings call that left analysts stunned. Here's what happened and what it means for investors.

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Aug 21, 2026

Supreme Court Allows Trump Ballroom Construction to Continue

Chief Justice John Roberts allows Trump's $400M White House ballroom construction to continue while Supreme Court considers emergency request.

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Aug 21, 2026

AI Boom Drives Asia Export Growth to Record Highs

AI hardware demand drives record export growth across Asia, yet Southeast Asian economies may only see a temporary boost rather than lasting gains.

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Aug 21, 2026

AI Productivity Tools Overhyped: Investors Warn of Failure

Venture investors warn that most AI productivity tools are overhyped and overfunded, with many destined to fail. Here's why investors should look elsewhere.

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Aug 20, 2026

OPM Director Caught Hiding Remote Work

Scott Kupor, the OPM director leading Trump's return-to-office push, admitted in a hot mic moment he filmed a video against a blank wall to avoid suspicion of working from home.

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Aug 20, 2026

Airwallex T:0 Autonomous Finance System Explained

Airwallex moves beyond cross-border payments into autonomous finance with T:0, while president Lucy Liu says it's still not the best time for an IPO.

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