Trump policies to cost middle-income Americans $1,700 more in 2026, while richest 1% save $12,560: Report

Trump's economic policies could raise costs for middle-income Americans in 2026, according to an ITEP report. AP/PTI(AP10_18_2026_000007B) (AP)

The economic policies introduced by US President Donald Trump are expected to increase taxes and other costs for most Americans in 2026, while the wealthiest 1% of earners are expected to save money, according to a new report by the Institute on Taxation and Economic Policy (ITEP), a left-leaning economic think tank. Trump’s economic policies … Read more

H-1B visa update: How eliminating automatic ‘deference’ policy could affect Indians? It may cost petitioners ‘$134,000’

The Department of Homeland Security is considering ending a policy that generally gives weight to prior approvals when reviewing work visa extensions. (AFP)

The United States Department of Homeland Security (DHS) has put forward a regulatory proposal that could undermine an important aspect of how temporary work visas are processed, sparking concern throughout the Indian immigrant community. The Department of Homeland Security is considering ending a policy that generally gives weight to prior approvals when reviewing work visa … Read more

Lithuania ready to cover cost if US establishes military base; parliament votes to host foreign arms

Lithuania ready to cover cost if US establishes military base; parliament votes to host foreign arms

Lithuanian Prime Minister Mindaugas Sinkevicius (Photo: Reuters). Lithuanian Prime Minister Mindaugas Sinkevicius on Tuesday said the country would cover the cost if the US decides to establish a military base.“Our partners only need to make the political ⁠decision to permanently station troops, and Lithuania is ready to cover the costs involved”, Sinkevicius said.The Lithuanian PM … Read more

New six figure H-1B visa fee could cost US Treasury $38 billion over 10 years if applications fall: Study

H-1B visa fee could cost US Treasury $38 billion. (Representational photo) (Pexel)

A proposed $103,265 H-1B visa fee could end up costing the US Treasury billions of dollars over the next decade if the steep increase prompts employers to reduce applications, according to a new analysis by the Computer & Communications Industry Association (CCIA) Research Center. H-1B visa fee could cost US Treasury $38 billion. (Representational photo) … Read more

Welcome tighter H-1B scrutiny, but not at the cost of American innovation: FIIDS

Welcome tighter H-1B scrutiny, but not at the cost of American innovation: FIIDS

Washington, The Foundation for India and Indian Diaspora Studies has welcomed tighter scrutiny of H-1B visa applications, but cautioned that it should not come at the cost of American innovation, as jobs requiring highly specialised skills cannot always be filled immediately from the available domestic labour pool. Welcome tighter H-1B scrutiny, but not at the … Read more

Four California seniors reported scams in just 24 hours; police say cryptocurrency, gift-card and timeshare schemes cost them more than $315,000

Four California seniors reported scams in just 24 hours; police say cryptocurrency, gift-card and timeshare schemes cost them more than $315,000

The schemes involve cryptocurrency, timeshares and gift cards. (Representational AI photo) Four seniors in Petaluma, California, have reported separate scams within just 24 hours, with suspected losses adding up to more than $315,000.The cases involved cryptocurrency, timeshares and gift cards. Petaluma police said officers responded to four separate reports from seniors who had been targeted … Read more

A Mexican entrepreneur turned discarded plastic into low-cost homes for families in poverty; each 430-460 sq ft house used 2 tonnes of waste, took 7 days to build and cost families about $280

A Mexican entrepreneur turned discarded plastic into low-cost homes for families in poverty; each 430-460 sq ft house used 2 tonnes of waste, took 7 days to build and cost families about $280

An EcoDom prototype house built using its plastic panels. Plastic production has increased exponentially over the last few decades. A 2017 study published in Science Advances estimated that 8.3 billion tons of plastic have been produced globally since large-scale production began. Only a tiny fraction has been recycled, with huge amounts accumulating in landfills, ecosystems … Read more

In 1927, John D Rockefeller Jr secretly used a shell company to buy over 35,000 Wyoming acres for $1.4 million; NPS says acquiring the same amount of Jackson Hole land today would cost over $1 billion

In 1927, John D Rockefeller Jr secretly used a shell company to buy over 35,000 Wyoming acres for $1.4 million; NPS says acquiring the same amount of Jackson Hole land today would cost over $1 billion

Rockefeller toured Jackson Hole in 1926. (Alamy stock photo) In the 1920s, Jackson Hole in Wyoming was changing quickly. Tourism was growing, development was spreading and wealthy visitors were arriving in the valley for an authentic cowboy experience. At the same time, local ranchers and businessmen were becoming concerned about the growing number of cabins, … Read more

In 1870, a former slave and Union soldier staked a homestead in Nebraska; drought and grasshoppers cost him the claim, but he eventually owned more than 2,000 acres

In 1870, a former slave and Union soldier staked a homestead in Nebraska; drought and grasshoppers cost him the claim, but he eventually owned more than 2,000 acres

Homestead soddy in Box Butte County. Source: History Nebraska – Nebraska.gov In 1870, Robert Ball Anderson, a former slave and Union Army veteran, filed a claim for a 160-acre homestead in Butler County, Nebraska. Severe drought and grasshopper swarms destroyed his crops, forcing him to give up the property.Instead of abandoning his goals, Anderson spent … Read more

Emirates NBD waives fees for cash withdrawals from other ATMs in UAE and GCC as concerns over Iran and US-Israel war grow

Emirates NBD waives fees for cash withdrawals from other ATMs in UAE and GCC as concerns over Iran and US-Israel war grow

UAE, Gulf banking relief amid Iran, US, Israel crises: Emirates NBD scraps ATM withdrawal fees Emirates NBD has announced that it will temporarily waive ATM withdrawal fees at other banking machines in the UAE and the wider GCC region in an effort to ease financial access during a period of turmoil in the Gulf region. … Read more