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US Wholesale Prices Jump 1.1% in May, Highest Since 2022
US wholesale prices rose 1.1% in May, the highest annual gain since November 2022, driven by energy price surges amid Middle East tensions.
German Pensions Rise 4.24% from July 1, 2026
Germany’s Bundesrat approves 4.24% pension increase starting July 1, 2026. Standard retirees gain €77.85 monthly as wage growth outpaces inflation.
India Raises Government Worker DA to 60% From 58%, June 12
India raises dearness allowance for government employees and teachers to 60% from 58% effective January 1, 2026, boosting public sector pay.
Cash App Enters Telecom Space with $40 Unlimited Phone Plan on AT&T Network Targeting Young Users
Cash App is making a major move beyond digital payments and personal finance by launching a new wireless phone service. The company has introduced a $40 per month unlimited phone plan that operates on the AT&T network, marking its entry into the highly competitive telecommunications market. The launch represents one of the biggest expansions in…
Kerala High Court Orders Transparent Temple Scheme, June 12
Kerala High Court orders transparent scheme for Thirumandhamkunnu Bhagavathy Temple to end hereditary mismanagement and financial irregularities.
SpaceX Debuts at $1.77 Trillion Valuation on Record $75B IPO, June 12
SpaceX raises record $75 billion in IPO at $135 per share, valuing the company at $1.77 trillion. Trading begins June 12 under ticker SPCX on Nasdaq.
Supreme Court Blocks Natarajan’s Rajya Sabha Bid, Cites Election Bar, June 12
Supreme Court dismisses Natarajan’s Rajya Sabha nomination challenge under Article 329. She can file an election petition as her remedy.
UK Economy Shrinks: GDP Drops 0.1% in April as Iran Conflict Sends Energy Costs Soaring and Growth Slows
The UK Economy faced a setback in April as the country’s Gross Domestic Product (GDP) fell by 0.1%, highlighting growing pressure from higher energy prices, weaker consumer demand, and increasing global uncertainty. The decline came at a time when geopolitical tensions involving Iran pushed energy costs higher, creating additional challenges for businesses and households. The…
SpaceX IPO Prices at $135, Raising Record $75 Billion, June 12
SpaceX prices $75 billion IPO at $135 per share, valuing the company at $1.77 trillion. Trading begins June 12 on Nasdaq under ticker SPCX.