believes that the tariff

Amazon allegedly pocketed hundreds of millions by not refunding consumers for Trump-era tariffs, a class-action lawsuit claims. While other companies sought reimbursements after the Supreme Court ruling, Amazon reportedly held back, potentially to gain political favor. The suit alleges Amazon profited from unlawful government actions, leaving customers to bear the costs.

Moody's chief economist Mark Zandi warns of a 40% recession risk in the US within a year, citing 'counterproductive policy choices' like tariffs and restrictive immigration. He suggests abandoning these policies, ending the Iran war, and letting the Fed maintain steady interest rates could avert a downturn, despite slowing job growth.

Canadian investor Kevin O'Leary urges young professionals to save daily spending on coffee and sandwiches for investment. He believes this habit builds wealth over time. O'Leary also warns that America's energy grid is not ready for the AI boom. He highlights China's rapid power expansion. Investors should also note his views on interest rates and tariffs.

Tamil cinema's top brass has presented a wish list to Chief Minister Vijay, seeking tax relief, streamlined shoot permits, and robust anti-piracy measures. Producers and theatre owners are pushing for abolished local body taxes, lower electricity tariffs, and a single-window system for approvals, aiming to revitalize the industry amidst digital challenges.

In fact, ⁠IT has been the worst-performing major sector in the Indian market over the past 12-18 months. In May, 2026, the Nifty IT index touched a near 3-year low, losing more than a fourth of its value since the start of the year.

Rupee depreciation is not new, what is new however is the rapid pace at which it is falling. It’s the biggest risk for India’s external sector resilience at the moment. In just over a year, the rupee has depreciated over 14%.

The US under Trump is intensifying pressure on Cuba, drawing comparisons to its Venezuela policy. However, experts believe Cuba's complex political structure and disciplined security apparatus make it a far riskier and potentially costlier challenge for Washington than Venezuela.

President Trump's China visit occurs amid a US-Iran stalemate, with analysts suggesting Xi Jinping holds more leverage. Many in Beijing view Trump as a symptom of liberal democracy's instability and American decline, validating Xi's "rise of the East" worldview. This perception of US weakness could lead China to miscalculate and test Washington.

President Trump's visit to China is overshadowed by the Iran War, which has disrupted global energy supplies and impacted his approval ratings. While trade and Taiwan remain on the agenda, the protracted conflict in Iran presents a significant challenge, with the US struggling to achieve its war aims and facing a decline in superpower status.

The CEA’s words could not be more direct and the situation the world’s sixth largest economy faces is by no means small. Several macroeconomic indicators are in focus; inflation, health of the current account, and the exchange rate.

Analysts are bullish on Adani Ports, Indus Tower, and Voda Idea, citing strong performance and growth prospects. Kotak Bank shows solid operating metrics, though RoE lags peers. Bharti Airtel's outlook remains positive despite potential tariff hike delays, with industry repair seen as intact.