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The Latest Breaking News from United States

Fitch cuts FY27 growth projection to 6.4%; US-Iran war to slow down economy

Fitch Ratings has reduced India's GDP growth projection to 6.4 percent for the current fiscal year. The US-Iran war is expected to slow economic activity in the September and December quarters. Rising prices will dampen consumer spending. For FY28, growth is expected to pick up to 6.7 percent. Fitch also…

The Economic Times

Another country to ban mobile phones in schools as reading levels fall

Since 2023, Sweden’s centre-right coalition government has pursued a policy prioritising more reading time and less screen time

The Independent UK

The US and Israel can't hide their differences on Iran

A dispute between Israel and Iran over the scope of a ceasefire is escalating military tensions, threatening US President Trump's efforts to end the war. Iran views Hezbollah as a tool, contributing to regional instability and the Oct. 7 attacks. Netanyahu faces a difficult choice regarding action against Hezbollah, with…

The Economic Times

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INSIGHT-How Honda's old guard tried, and failed, to oust its CEO

Honda is encountering significant disputes as a faction of retired executives pushes for the removal of CEO Toshihiro Mibe. Citing his failure to adequately address the Chinese market and a poorly-conceived EV initiative, they argue that his leadership has culminated in detrimental financial losses. Despite the unfolding crisis, Mibe has…

The Economic Times

Indian diaspora groups welcome court ruling striking down $100,000 H-1B visa fee

Indian diaspora groups in the US have lauded a federal court's decision to strike down the $100,000 H-1B visa fee, deeming it a fair move for the employment-based immigration system. This ruling, which found the fee unlawful without congressional approval, is expected to bring relief to stakeholders, though concerns about…

The Economic Times

'The President Had no Power': Federal Judge Voids Trump's $100,000 Fee Requirement for H-1B Visas

A US court has blocked Trump's attempt to impose a $100,000 fee on H-1B visas, ruling it unconstitutional and lacking congressional approval.

International Business Times UK

Donald Trump becomes first sitting US President to attend NBA Finals game; gets booed by crowd

President Donald Trump made history as the first sitting US president to attend an NBA Finals game, but his appearance at Madison Square Garden was met with loud boos. The unprecedented event was overshadowed by extensive security measures and a mixed public reception, highlighting Trump's complex relationship with New York…

The Times of India

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US carriers spent $6. 5B on fuel in April; global profit forecast is cut nearly in half

Airlines are facing a fuel price shock. U.S. carriers spent over six billion dollars on jet fuel in April, a significant jump from last year. This surge in energy costs is impacting global airline profits. Industry experts predict profits could be cut almost in half by 2026. Airlines are responding…

The Economic Times

Justice Department Moves to Strip Citizenship From 17 People in Donald Trump's De-naturalisation Push

The US Justice Department is seeking to revoke citizenship from 17 individuals, intensifying efforts to address fraud in the naturalisation process under the Trump administration's policy.

International Business Times UK

US lawmakers cheer as court blocks $100,000 H-1B fee in major blow to Trump visa curbs

US lawmakers welcomed a court ruling blocking a proposed USD 100,000 H-1B visa fee, despite White House plans to appeal. The decision crucially protects the vital employment pipeline for highly skilled Indian professionals, who systematically secure the majority of these 85,000 annual US work permits.

The Economic Times

AAP Rolling News Bulletin June 9, 1430

AAP Rolling News Bulletin for June 9 at 1430

AAP

Sweden set to ban mobile phones in schools, joining trend of shelving screens for students

Sweden is set to ban mobile phones in schools from the next academic year as part of a broad reversal on the use of screens in classrooms

AAP

Stitch Fix and AMC Stock Rally Hides a Brutal Reality for Shoppers as Consumer Debt Hits Record Highs

Stitch Fix jumped 5.4% and AMC surged 3.9% on easing geopolitical tensions, but US household debt at $18.8 trillion and record delinquencies tell a darker story.

International Business Times UK

SBI, PNB, other PSU bank stocks tumble up to 21% from record highs. Time to buy or wait?

Public sector bank stocks have seen a significant drop from their recent peaks. The Reserve Bank of India has introduced measures to attract foreign investment in government securities. Experts suggest these steps are positive for the banking sector. However, caution is advised, with a focus on quality banks possessing strong…

The Economic Times

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AAP

As US Customs refines its tariff refund system, who gets in to apply is under dispute

A U.S. Customs and Border Protection agency official is set to testify in federal court about the U.S. government's plans for refunding billions of dollars in tariffs that the Supreme Court ruled President Donald Trump imposed illegally

The Economic Times

US Customs’ $166 billion tariff refund plan faces court fight over who gets access to payouts

A government official testifies today in federal court. This concerns billions of dollars in import taxes. The Supreme Court ruled these taxes illegal. The court will decide if refunds are expedited. The Justice Department appealed a ruling for all businesses to get refunds. This hearing may clarify the refund process.…

Golf Monthly

US Open Final Qualifying: Who Made It And Who Missed Out On Golf’s Longest Day?

Some notable names will be teeing it up at Shinnecock Hills thanks to their efforts on Golf’s Longest Day, but for others, there was disappointment

The Economic Times

US Army Apache helicopter crashes near Strait of Hormuz: Report

A U.S. Army Apache helicopter gunship crashed near the Strait of Hormuz on Monday, with both crew members safely rescued. The cause of the incident remains unclear, with possibilities including Iranian fire, mechanical failure, or another issue. Reuters has not yet verified the report.

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The Economic Times

US to offer B1/B2 visa interview appointments within 10 days for additional $750 fee

The US State Department will launch a pilot programme from July 1 allowing certain consulates to offer B1/B2 visa applicants interview appointments within 10 business days for an additional $750 fee. The premium service, available in limited numbers at select locations through December 31, will only expedite appointment scheduling and…

AAP

Trump booed and jeered by crowd before NBA Finals game

US President Donald Trump has been booed by spectators at game three of the NBA Finals in his hometown of New York.

The Independent UK

Iran-US war latest: Iran attacks US bases across three Gulf allies after Trump renews strikes on Tehran

US military says nearly all drones fired towards Jordan, Kuwait and Bahrain have been intercepted

AAP

AAP Rolling News Bulletin June 9, 1400

AAP Rolling News Bulletin for June 9 at 1400

Euronews

France and Germany abandon joint fighter jet project as companies unable to reach agreement

The project was seen as a key test of European efforts to work more closely on defence as they seek to present a united front in the face of a hostile Russia at a time of souring ties with the United States.

The Economic Times

Indian Envoy Vinay Kwatra meets US corporate and tech leaders to boost AI and supply chain ties

India's Ambassador to the US, Vinay Mohan Kwatra, met top business and tech leaders to advance economic ties. In posts on X, he highlighted productive discussions with Walmart's CEO on supply chains, and with SCSP's chief on boosting India-USA cooperation in AI, quantum computing, and advanced technologies.

AAP

AAP Rolling News Bulletin June 9, 1330

AAP Rolling News Bulletin for June 9 at 1330

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