Karen Dunn and Other Top Lawyers Depart Paul Weiss to Start Firm

Even if the US slaps a 25% tariff on iPhones made in India, Apple might still stick with its "Make in India" strategy. Why? Because labor costs in India are way cheaper—about $230 a month per worker compared to a whopping $2,900 in the US. That massive savings on assembly could outweigh the tariff hit, making it a smart financial move for Apple to keep production in India.

Editor’s Note: This isn’t just about Apple—it’s a sign of how global companies are weighing costs and risks in an era of trade tensions. If Apple stays put, it could reinforce India’s growing role as a manufacturing hub, even as the US tries to push companies to bring jobs back home. For consumers, it might mean iPhones stay competitively priced, but it also highlights the tricky balance between tariffs, labor costs, and supply chains.

Central government employees in India have until June 30 to decide between sticking with the National Pension System (NPS) or switching to the newly introduced Unified Pension Scheme (UPS). The UPS, which launched in April 2025, guarantees a fixed pension worth half of an employee's average basic pay after 25 years of service—a potentially attractive option for those seeking stability in retirement.

Editor’s Note: This isn't just bureaucratic fine print—it's a major financial decision affecting millions of employees. The UPS offers predictable retirement income, unlike the market-linked NPS, but the tight deadline means folks need to weigh their options fast. For public sector workers, this choice could shape their financial security for decades.

Indonesia is rolling out a new economic stimulus package aimed at giving consumer spending a much-needed lift. The government hopes this move will reinvigorate domestic demand and help cushion the economy against global slowdowns. Think of it as a financial nudge to get people spending again—whether that’s on groceries, gadgets, or local services.

Editor’s Note: When people tighten their wallets, economies slow down. Indonesia’s stimulus is a proactive play to keep cash flowing through local businesses and households, which could stave off deeper economic trouble. For everyday Indonesians, this might mean more affordable loans, subsidies, or even direct cash aid—anything to ease the pinch of rising costs and encourage spending. It’s a sign the government is trying to act before things get worse, but whether it’ll work depends on how well the measures land.

Nest, the UK’s largest workplace pension scheme, manages a whopping £50 billion for over 13 million people—yet it flies under the radar for many. This piece peels back the curtain on where that money actually goes, from flashy tech stocks like Tesla to wind farms and even hotels. It’s a rare look at how everyday retirement savings are quietly shaping industries and the economy.

Editor’s Note: Most of us don’t think much about where our pension cash ends up—it’s just something that happens in the background. But Nest’s massive influence means our collective savings are fueling everything from green energy to big-name corporations. Understanding this helps savers grasp how their financial future is tied to broader trends, for better or worse.

A young couple got scammed out of hundreds of pounds after buying British Airways Avios points from a fraudster on Facebook. Travelers are being warned to steer clear of unofficial sellers hawking frequent flyer points on social media or shady third-party sites—what might seem like a cheap shortcut could leave you with worthless points and an empty wallet.

Editor’s Note: Scammers are cashing in on people looking for travel deals, especially with air miles. This isn’t just about losing money—it’s a reminder that if something seems too good to be true online (especially on sketchy platforms), it probably is. For anyone collecting points, stick to official channels unless you want your dream trip to turn into a nightmare.