Made of money! Billionaire club hits record high — Here’s how much their children will inherit over next 15 years

The world now has more billionaires than ever before, with their combined wealth hitting record high this year! In 2025, the global billionaire club hit an all-time high. UBS counted 2,919 billionaires on April 4– the largest number since the bank began tracking the data in 1995. Their combined wealth reached $15.8 trillion, a 13%…

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Trump’s big claims: US President says tariffs can replace federal income taxes — but do the numbers back him?

US President Donald Trump is once again floating the idea that tariffs could one day replace federal income taxes in the United States, reviving a proposal that has been the focus of his economic approach since the 2024 presidential campaign.Trump claims that the revenue generated from tariffs is rising fast enough to eventually eliminate the…

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Digital dominance: UPI tops global real-time payments with 49% share; govt tells Lok Sabha

India’s Unified Payments Interface (UPI) has been recognised as the world’s largest retail real-time payment system by transaction volume, accounting for nearly half of all such transactions globally, the government told Parliament on Monday.Citing an International Monetary Fund (IMF) report titled ‘Growing Retail Digital Payments (The Value of Interoperability)’ dated June 2025, the government said…

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US market today: Wall street holds near record highs; Warner Bros bidding war lifts stocks ahead of Fed decision

US stocks hovered close to record levels on Monday as investors stayed cautious ahead of a key Federal Reserve decision, even as select stocks moved sharply on takeover news and index reshuffles.The S&P 500 was largely flat in early trade and sat about 0.3% below its all-time high set in October, while the Nasdaq Composite…

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AI expansion: IBM snaps up Confluent in $11-billion deal; data streaming seen as key to faster AI deployment

IBM on Monday announced a major acquisition to strengthen its artificial intelligence capabilities, agreeing to buy data streaming platform Confluent in a cash deal valued at $11 billion.The US technology major said it has signed a definitive agreement to acquire all issued and outstanding common stock of Confluent Inc. for $31 per share in cash,…

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