Jeff Bezos, world's 4th richest man, couldn't stop talking about a nurse in Queens earning $75,000. Here's whyAmazon founder Jeff Bezos, also the world's fourth richest man, argued that low-income earners in the US should pay no taxes, citing a nurs...
21 May, 2026, 03.12 PM IST
Quote of the day by Thomas Piketty: “Refusing to deal with numbers rarely serves the interests of the...” Lesson on money, rising inequality, and why numbers reveal the truth — The modern Marx and writer of Capital in the Twenty-First Century, explains why ignoring economic reality hurts ordinary people the mostQuote of the day: Thomas Piketty warns that ignoring economic data often harms poor and middle-class families the most. In today’s world of...
12 May, 2026, 12.00 AM IST
Tech is betting on a former executive in the race for California governorTech investor favorite Matt Mahan, a moderate Democrat and former tech executive, is running for California governor. He's gained significa...
07 May, 2026, 09.51 AM IST
Elon Musk vs OpenAI: Inside the battle over broken promisesA high-stakes legal battle begins today as Elon Musk sues Sam Altman's OpenAI, alleging the AI giant abandoned its non-profit mission for p...
28 Apr, 2026, 03.45 PM IST
Zohran Mamdani faces backlash from Ken Griffin's Citadel, pro-Palestinian views. Why has New York Mayor's name been dragged into controversies?Zohran Mamdani: Miami-based hedge fund Citadel has objected to New York Mayor's attempt to use Griffin's name in his push to tax individu...
24 Apr, 2026, 05.56 PM IST
Elon Musk scorned "shady" loopholes, yet offshore tax tricks likely saved Tesla hundreds of millionsTesla has reportedly saved over 400 million dollars on US taxes. This was achieved through a financial maneuver involving its units in the ...
20 Apr, 2026, 03.40 PM IST
Post-war climate change: As the world witnesses accelerated US decline, can India not get caught flat-footed?The West Asian war is set to accelerate America's decline and China's ascent. Europe may look up to the US no more. Nations will prioritise...
14 Apr, 2026, 11.17 PM IST
Trump is calling for a major increase in defense spending alongside cuts in domestic spendingPresident Donald Trump proposes a massive $1.5 trillion defense budget for 2027. This marks the largest such request in decades. The plan p...
03 Apr, 2026, 06.20 PM IST
White House set to release Trump's budget 2027 with major increase in defense spendingPresident Donald Trump's 2027 budget prioritizes military spending, proposing a substantial boost for the Pentagon. This plan signals a shi...
03 Apr, 2026, 09.50 AM IST
Americans could get $3,000 checks under new bill — see who qualifiesAmericans Could Receive $3,000 Check: About 938 U.S. billionaires could fund a major relief plan. Under a new bill from Bernie Sanders and ...
13 Mar, 2026, 10.53 PM IST
Google cofounder seeds billionaire political effort amid wealth tax debateSergey Brin, a Google cofounder and one of the wealthiest people in the world, is donating $20 million to a new California political drive ...
31 Jan, 2026, 09.02 AM IST
Jensen Huang would owe $8 billion under new billionaire tax, and he’s perfectly fine with itJensen Huang billionaire wealth tax California: Nvidia CEO Jensen Huang expressed indifference to a proposed California wealth tax that cou...
08 Jan, 2026, 08.44 PM IST
Tax the billionaires, Congress isn't alone in its demand amid a 'rare political opportunity'Congress has queried Prime Minister Narendra Modi's stance on "billionaire tax", particularly as it approaches discussion at the upcoming G...
13 Jul, 2024, 11.09 PM IST
Billionaire Americans to pay more tax, Biden's proposal draws flak from many quartersPresident Joe Biden has proposed that American billionaires or people with household incomes of more than US$100 million would be taxed at ...
31 Mar, 2022, 09.57 PM IST
As US Congress advances Democrats' tax plans, America's wealthy eye loopholesWhile the White House says the new surtax could generate $230 billion to pay for the spending bill, experts and bankers say that many indiv...
16 Nov, 2021, 04.43 PM IST
Elon Musk and Jeff Bezos are now worth almost half a trillion dollarsThe value of the two fortunes—a sum bigger than the market value of Johnson & Johnson and about equal to that of America’s biggest bank, JP...
28 Oct, 2021, 11.41 AM IST
What's a 'wealth tax' and how would it work?Biden never endorsed an outright "wealth tax" when he campaigned for the White House last year. But his more conventional proposed rate inc...
27 Oct, 2021, 08.30 PM IST