News

Jimmy Donaldson, widely known by his online alias MrBeast, has officially become a billionaire at the age of 26, marking a historic achievement in the digital creator economy. According to Celebrity Net Worth, MrBeast now holds an estimated fortune of $1 billion (₹8,350 crore), making him not only the youngest self-made billionaire under 30 but als…

This shift in sentiment is already visible in the bond market. Yields on benchmark 10-year Treasury notes, which are critical in determining mortgage rates and borrowing costs for both consumers and companies, briefly rose above 4.5% early in the week before stabilizing. Longer-dated 30-year bond yields climbed more sharply, topping 5% on Monday th…

On May 20, the United Kingdom’s Competition Appeal Tribunal delivered its final judgment in the UK Mastercard Settlement, a landmark class action lawsuit brought against Mastercard. The case, which dates back to 2016, accused the global payments company of imposing excessive interchange fees, also known as swipe fees, that were ultimately passed on…

Walmart, the world’s largest retailer, has warned customers to expect Walmart price hikes starting late May, with broader increases expected in June. This shift comes as the company grapples with rising costs linked to former President Donald Trump’s tariffs on imported goods. Although some tariffs were rolled back following trade negotiations, Wal…

A surprising health hack involving a popular McDonald’s order now widely known as the McDonald’s migraine hack, has captured the attention of millions on TikTok. Users are claiming that a combination of a large Coca-Cola and an order of large fries offers quick relief from migraines. Dubbed the “migraine meal,” this fast-food fix is trending across…

Markets Edge Higher as Trade Tensions Ease U.S. stock markets inched upward on Friday, buoyed by optimism surrounding improved U.S.-China trade relations, even as concerns over the broader economic impact of tariffs lingered. S&P 500 futures rose by 0.2%, building on four consecutive days of gains. The Dow Jones Industrial Average futures ga…

Fresh economic data from April, a month marked by heightened uncertainty over trade tariffs and their potential tariff impact on inflation, has cast doubt on earlier warnings of recession and surging inflation. Contrary to pessimistic business and consumer sentiment surveys, hard data suggests the U.S. economy is holding steady. Retail sales remain…

As the U.S. Senate prepares for another vote on the GENIUS Act, concerns surrounding former President Donald Trump’s involvement in cryptocurrency are adding new challenges to bipartisan efforts. The bill, officially known as the Guiding and Establishing National Innovation for US Stablecoins Act, seeks to establish a regulatory framework for stabl…

Seventeen years and two billion guests later, Airbnb is reimagining its role in the travel industry. In a major announcement, CEO Brian Chesky revealed that the company is introducing a suite of Airbnb hotel services and an upgraded version of its "Experiences" platform, signaling a significant pivot beyond just lodging. Travelers can now book room…

Japanese automaker Nissan has announced a major downsizing plan as part of its Nissan global restructuring initiative, which includes cutting 11,000 additional jobs and closing seven factories worldwide, as the company grapples with falling sales and mounting financial losses. This latest round of layoffs raises the total number of job reductions a…