Positive news for NRIs as US Senate draft of Trump’s ‘One Big Beautiful Bill’ lowers remittance fees
Changes to US Remittance Tax for NRIs Non-resident Indians (NRIs) have a reason to celebrate with the recently proposed “One Big Beautiful Bill Act,” which suggests a significant reduction in the remittance tax to just 1%. Initially, the bill indicated a 5% tax, which was cut down to 3.5% by the House, and now the […]
Daily walking lowers the risk of chronic back pain, study shows
Study Highlights Benefits of Walking for Back Pain Relief Recent research indicates that longer walks may help alleviate back pain. This investigation, led by Norwegian researchers, focused on chronic low back pain, which is often described as a common and costly issue, and how it can be mitigated through regular activities like walking. The findings […]
Bitcoin could reach $120K if the Fed lowers rates because of the effects of tariffs and war.
Key Insights for Investors The Federal Reserve may consider reducing fees sooner if there are significant downturns in global trade, energy supplies, or U.S. relations with the Middle East. Should Bitcoin prices keep climbing, the dollar could continue to decline. On Wednesday, the Federal Reserve decided to keep interest rates steady at 4.25%, a choice […]
Trump Family Lowers Investment in Crypto Venture World Liberty
Simply put The DT Mark, associated with the Trump family, has decreased its interest in World Liberty Financial from 60% to around 40%. This change is happening amid increasing political scrutiny and a Senate investigation into Trump’s connections to cryptocurrency. Donald Trump has reportedly gained both politically and financially from his interactions in this sector. […]
Cantor Lowers Joby Aviation Stock Rating (JOBY) Because of Limited Immediate Potential
Cantor Fitzgerald has downgraded Joby Aviation, a manufacturer of Electric Vertical Takeoff and Landing (EVTOL) aircraft, from a buy rating to hold, setting a price target at $9. This decision comes in light of a recent downturn, as Joby’s stock dropped about 8% on Thursday following the downgrade. However, it’s noteworthy that the stock has […]
Canara Bank lowers RLLR to 8.25%, reducing loan costs starting June 12
Kanara Bank Lowers Loan Rates to Enhance Borrower Trust Kanara Bank has decided to lower its Repository Link Loan Rate (RLLR) from 8.75% to 8.25%, effective June 12th, 2025. This change aims to boost borrower confidence. The adjustment comes after the Reserve Bank of India (RBI) recently cut rates by 50 basis points. As a […]
Judge lowers Michael Avenatti’s prison term
Michael Avenatti Sentenced for Financial Fraud Michael Avenatti, the controversial attorney, received a sentence of 135 months for financial fraud during a hearing in Los Angeles. This comes after a series of legal troubles stemming from his past actions, including defrauding clients and hiding money from the IRS. Avenatti, who gained notoriety for representing Stormy […]
US lowers number of non-essential staff in the Middle East amid growing tensions — Trump comments: ‘Could be a risky area’
The U.S. is scaling back its non-essential personnel in the Middle East amid concerns about regional instability, as announced by the State Department and military officials on Wednesday. The State Department ordered the evacuation of all non-essential staff from the U.S. embassy in Baghdad after reviewing current conditions and reaffirming its intent to “keep Americans […]
World Bank lowers growth predictions due to trade worries
The World Bank announced on Tuesday that it has adjusted its growth projections for both the global and US economies this year, attributing the shift to disruptions in global trade exacerbated by the trade war initiated by President Trump. The forecast for global growth in 2025 has dropped to 2.3%, down from last year’s estimate […]
Snuggling at bedtime enhances relationship trust and lowers stress, research shows
Study Reveals Benefits of Cuddling for Couples Being close to your partner seems to have health benefits for both. A study highlighted in the Journal of Social and Personal Relationships found that cuddling at night can foster safer emotional connections and reduce stress levels. Researchers from Auburn University examined data from 143 heterosexual couples who […]