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US Stock Market today: Why are S&P 500, Dow Jones, Nasdaq down? Check top and worst performing stocks at Wall Street

Wall Street today saw one of the shocking losses as Google-parent Alphabet sufferedthe worst day since the company began trading at the US Stock Market.

The Economic Times 30 Oct 2026 4:02 am

US Bond Treasury Yield Notes fall big: Why are 10-year, 30-year, 2-year notes down? Check factors, what to expect

US Treasury yields were down ahead of the US midterm elections 2026 due to a number of factors.

The Economic Times 30 Oct 2026 3:28 am

US midterm election 2026: Will Alaska polls be called off? What will happen on results day?

Along with Alaska election in the US midterm election 2026, California's voter rolls is also under scanner.

The Economic Times 30 Oct 2026 2:53 am

'Sylvia failed three polygraphs': Hegseth fires top Pentagon strategist as Trump warns 'leakers'

'Sylvia failed three polygraphs': Hegseth fires top Pentagon strategist as Trump warns 'leakers'

The Economic Times 30 Oct 2026 2:42 am

Will Kalshi prediction market be banned in US? Why is state of Utah filing criminal charges?

According to the filing, Kalshi required the agent to confirm his location before each bet, and he truthfully reported he was in Utah. The company collected a fee on every wager, which prosecutors say amounted to proceeds from illegal gambling.

The Economic Times 30 Oct 2026 2:41 am

Google went to Finland for its AI expansion. Now a cleared forest and a police probe threaten to overshadow its $15 billion investment

Google's planned expansion in Finland is facing scrutiny due to alleged environmental violations at a data centre site. Authorities are investigating whether the company breached local laws related to water management. The controversy has drawn public criticism and highlighted the need for responsible corporate practices. As investment in artificial intelligence increases, balancing economic growth and environmental protection remains challenging.

The Economic Times 30 Oct 2026 2:17 am

AI boomerang: What one should keep in mind if Microsoft, Barclays Bank, Kroger rehire sacked employees?

Microsoft, Barclays Bank and supermarket chain Kroger are among the latest entries on a growing list of companies that have announced AI-related workforce reductions this year.

The Economic Times 30 Oct 2026 1:16 am

Pentagon treating military base freezer malfunctions as suspected cyberattack, officials say

In August, military commissaries in the United States experienced freezer malfunctions that resulted in significant food spoilage. Investigators are exploring these incidents as possible cyberattacks, with updates being shared with French counterparts. A similar attack in France impacted hundreds of commercial freezers, causing significant financial losses. The vulnerability of refrigeration systems to cyber threats poses risks to food safety and supply chains.

The Economic Times 30 Oct 2026 12:39 am

'Communists, Islamists have taken over Dems': Cruz tears into Talarico, Abdul, Mamdani at GOP rally

'Communists, Islamists have taken over Dems': Cruz tears into Talarico, Abdul, Mamdani at GOP rally

The Economic Times 30 Oct 2026 12:27 am

Chinese Horoscope November 2026: 3 zodiac signs could end the month with a win as they get overdue recognition

November 2026 could bring success for three Chinese zodiac signs. Trying something new early in the month may lead to well-earned recognition by its end.

The Economic Times 30 Oct 2026 12:04 am

'Why cant I have opponent like her': Trump mocks Acton in a final pitch for Vivek Ramaswamy in Ohio

'Why cant I have opponent like her': Trump mocks Acton in a final pitch for Vivek Ramaswamy in Ohio

The Economic Times 29 Oct 2026 11:37 pm

Find Dan Sullivans: Peltola's secret spoiler plot exposed? Trump demands, 'Either quit, else'

Find Dan Sullivans: Peltola's secret spoiler plot exposed? Trump demands, 'Either quit, else'

The Economic Times 29 Oct 2026 11:35 pm

In a flash, money vanishes overseas': DOJ uncovers massive Ghost Student identity theft scheme

In a flash, money vanishes overseas': DOJ uncovers massive Ghost Student identity theft scheme

The Economic Times 29 Oct 2026 11:12 pm

Trump LIVE | POTUS fires up Republicans in South Carolina, rallies for Darline Grahams victory

Trump LIVE | POTUS fires up Republicans in South Carolina, rallies for Darline Grahams victory

The Economic Times 29 Oct 2026 11:02 pm

Bridgerton Season 5 wraps filming, but when will Francesca and Michaelas romance reach Netflix? Here's when you can expect new episodes

Bridgerton Season 5 has finished filming, with Netflix confirming a 2027 premiere. Hannah Dodd and Masali Baduza lead the new chapter as Francesca and Michaela explore their feelings.

The Economic Times 29 Oct 2026 10:58 pm

Who is Brett Sylvia, the Pentagon general accused of leaking classified information?

Lt. Gen. Brett Sylvia, a senior US Army officer, was reportedly removed from his role as director of Strategy, Plans and Policy on the Pentagons Joint Staff by Defense Secretary Pete Hegseth over alleged leaks of classified information. His dismissal has raised questions about Pentagon security protocols and senior military leadership.

The Economic Times 29 Oct 2026 10:56 pm

The age of pirates isn't over: Modern-day Somali raiders are hijacking oil tankers, holding sailors hostage and demanding millions in ransom

On April 21, 2026, armed men hijacked the Honour 25, a diesel tanker, in a swift attack. The crew was held hostage on board, with a ransom demanded for their release, which created a tense situation. Somali security forces intervened in September to recover the vessel, resulting in tragic consequences. Five crew members lost their lives during the operation, compounding the crisis.

The Economic Times 29 Oct 2026 10:42 pm

'Trump's billionaire sidekick...': Gov. candidate Bottoms rallies Georgia with fiery Midterms speech

'Trump's billionaire sidekick...': Gov. candidate Bottoms rallies Georgia with fiery Midterms speech

The Economic Times 29 Oct 2026 10:13 pm

The pope's car once had a silk-upholstered armchair and later a transparent dome: How the iconic Mercedes-Benz evolved over nearly 100 years

A new exhibition titled A Century of the Popemobile is now on display at the Vatican Museums. It features eight historic Mercedes-Benz vehicles that have served the Pope over the years. The exhibition highlights the evolution from luxury limousines to vehicles designed for public interaction. It illustrates the relationship between the German automaker and the Holy See since 1930. This transformation reflects changing priorities regarding comfort, safety, and public engagement.

The Economic Times 29 Oct 2026 9:58 pm

Manipur CM Yumnam Khemchand Singh seeks enhanced central assistance from Sitharaman

Manipur Chief Minister Yumnam Khemchand Singh met Union Finance Minister Nirmala Sitharaman in New Delhi recently. They discussed the financial health of Manipur and the state's revenue losses over the last three years. Singh requested enhanced central assistance and additional funding under the SASCI scheme during their meeting. The Chief Minister also highlighted the timely payment of salaries and pensions to employees by the state government.

The Economic Times 29 Oct 2026 9:36 pm

US midterm elections 2026 Donald Trump approval ratings: All surveys polls combined results for US president are out ahead of November 3 polling day

Donald Trump approval ratings ahead of US midterm elections 2026 are out. All major surveyors have showed the US President and Republican Party's chances in the polls.

The Economic Times 29 Oct 2026 9:24 pm

Days before US unveiled 90-day military readiness plan, mysterious freezer malfunctions hit bases. What we know

Investigators are investigating recent freezer failures at US military commissaries that may have resulted from cyberattacks, raising concerns about food safety. In France, similar issues involved the deliberate alteration of refrigeration temperatures, leading to food spoilage. The US military is consulting with French authorities about these strange events as they might be connected.

The Economic Times 29 Oct 2026 9:24 pm

'Prosecuting the dirtbags': Pirro drops the hammer! 15 charged in massive drug trafficking case

'Prosecuting the dirtbags': Pirro drops the hammer! 15 charged in massive drug trafficking case

The Economic Times 29 Oct 2026 9:12 pm

Who is Russell Brands wife Laura Gallacher? What she told court in sexual assault trial

Laura Brand, the spouse of Russell Brand, took the stand to reveal details about their relationship in light of his ongoing trial involving serious allegations of sexual misconduct from six women. She characterized Brand as nurturing and supportive, especially in his role as a father. Although they faced initial hurdles, their connection deepened, leading to their marriage in 2017. The trial proceeds as jurors assess the critical evidence presented.

The Economic Times 29 Oct 2026 8:28 pm

From Patna to Kanpur, can an emerging market fix dirty, broken cities?

Patna is set to become the first municipality in Bihar to issue municipal bonds, raising Rs 200 crore for urban infrastructure. This move highlights the ongoing need for investment in India's urban infrastructure amid challenges like urban flooding and sanitation. Other cities like Kanpur are also expected to follow with their own bond issues soon. However, many municipalities still struggle with reliable revenue sources needed for debt repayment.

The Economic Times 29 Oct 2026 8:17 pm

US weekly unemployment claims hover near 57-year lows

Initial unemployment claims in the United States have decreased slightly to 194,000 for the week ending October 24. Labour market conditions continue to demonstrate resilience, remaining below 200,000 claims since mid-September. The ongoing conflict between the US and Israel, including Iran, has led to employer hesitancy regarding hiring increases. Additionally, continuing claims have dropped to 1.701 million, reflecting decreased overall unemployment.

The Economic Times 29 Oct 2026 7:18 pm

Bend volunteer Brad Pinkert turned a battered ReStore door into a hall tree with a storage trunk and hooks; the finished piece drew the events highest bid of $375

In Bend, Oregon, a dedicated volunteer took an old door and turned it into a stunning hall tree for a fundraising event. This creative transformation emphasizes the blend of style and utility, illustrating the beauty of reclaimed materials. The initiative showcases a rising trend in sustainable furniture design, fostering a deeper appreciation for the art of reusing and restoring items, ultimately contributing to eco-friendly living practices.

The Economic Times 29 Oct 2026 7:16 pm

In Burgos, Spain, engineers turned steelmaking waste into full-size pavement slabs; five years outdoors caused no major damage, and skid resistance stayed road-safe

In an innovative endeavor, engineers from Burgos, Spain, developed sustainable pavement utilizing waste from steel production, significantly cutting down on industrial refuse. Their five-year study, monitoring large-scale pavement slabs in real environments, revealed that the pavement exhibited no major structural issues or safety risks related to skid resistance. This breakthrough paves the way for eco-friendly infrastructure methods in construction, promoting the recyclability of industrial byproducts.

The Economic Times 29 Oct 2026 7:00 pm

China's secretive Shenlong spaceplane: What the US report reveals

A newly released report by the US Defense Intelligence Agency showcases an intriguing image of China's Shenlong spaceplane operating in orbit. Notably, a second spacecraft is docked to Shenlong, prompting speculation about the spaceplane's mission and technological abilities. Concerns have been raised over China's advancing space technologies and counterspace capabilities, with whispers of potential developments in space-based weaponry that could jeopardize international satellite safety.

The Economic Times 29 Oct 2026 6:45 pm

All that over a joke?: Obama ridicules Trump admin's response to 'Cheesecake Factory' jibe

All that over a joke?: Obama ridicules Trump admin's response to 'Cheesecake Factory' jibe

The Economic Times 29 Oct 2026 6:36 pm

Gold price, silver rate today: Why are gold rate, silver price down on Thursday? What to expect in November?

Gold rate today fell as the precious metal saw topsy-turvy month of October. Silver price was also down along with platinum and palladium.

The Economic Times 29 Oct 2026 6:31 pm

In 1862, gold drew thousands of miners to Florence, Idaho; much of the richest ground was worked out that year, and old diggings remain

Florence, Idaho, surged to fame in 1862 amid a major gold rush that saw a flood of miners flocking to the area. The initial excitement transformed the town into a lively mining community, albeit briefly. By year-end, however, the gold deposits were largely depleted, prompting many miners to leave in search of greener pastures. Today, Florence stands as a testament to the fleeting fortunes of American mining towns.

The Economic Times 29 Oct 2026 6:30 pm

Nvidia CEO Jensen Huang seen as target of China spy plot; Trump briefed but took no action: Report

A Chinese businesswoman suspected of passing intelligence to Beijing developed a close relationship with Nvidia CEO Jensen Huang, according to a New York Times exclusive report. US President Donald Trump was briefed on the intelligence findings roughly a year ago but took no action, reportedly wary of disrupting Nvidia's chip sales and US-China trade relations.

The Economic Times 29 Oct 2026 6:29 pm

US economy grows faster than expected at 3.4% in Q3 on consumer spending, AI boom

The US economy grew at a faster-than-expected 3.4% annualised rate in the third quarter, driven by resilient consumer spending and AI-related business investment despite higher oil prices linked to the Middle East conflict. The robust growth contrasts with weak consumer sentiment and comes as the Federal Reserve keeps interest rates unchanged.

The Economic Times 29 Oct 2026 6:10 pm

In 2012, a Philippine coastal project began turning discarded fishing nets into carpet tiles; six years later, UNEP reported 61 tonnes collected and 41 tonnes recycled

Old fishing nets pose a significant environmental threat as they contribute to ocean plastic pollution and ghost fishing. The Net-Works project has recycled around 41 tonnes of these nets into new carpet tiles since 2012. It partners with local fishing communities to collect and repurpose used nets, which are turned into nylon thread. Despite this innovative solution, only a fraction of the total waste is being processed effectively.

The Economic Times 29 Oct 2026 6:00 pm

World War 3? US, Europe, Japan urge households to prepare emergency stockpiles. Here's what you need

In response to various uncertainties, nations such as the United States, the UK, and Japan are encouraging families to build emergency stockpiles. The suggested duration fluctuates from three days to two weeks. Crucial supplies include water, canned foods, medications, and hygiene essentials. Those living in colder regions or with pets may need additional provisions. These preparedness strategies are designed to help households cope during emergencies and social upheaval.

The Economic Times 29 Oct 2026 5:49 pm

Afghanistan vs Zimbabwe: Playing XI, live streaming, date, time, pitch and weather report

AFG vs ZIM Live Streaming: Afghanistan will face Zimbabwe in the second T20I match on October 29 at Sharjah Cricket Stadium. The first match ended with Afghanistan winning by 37 runs, giving them a 1-0 series lead. Zimbabwe aims to recover from this loss and even the series before the final match. Conditions in Sharjah are suitable for bowlers, especially spinners, due to the pitch's characteristics.

The Economic Times 29 Oct 2026 5:45 pm

Woman joins short-term contractual job, takes maternity leave for three months, govt denies her salary, High Court rules temporary employees also enjoy benefits

Chhattisgarh High Court has held that a woman working as a guest lecturer cannot be denied maternity leave salary merely because she is not a regular employee. Justice Bibhu Datta Guru directed the State authorities to decide Pushpa Jaiswal's claim for unpaid maternity salary, preferably within three months.

The Economic Times 29 Oct 2026 5:45 pm

Christine Lagarde: The outsider who led the European Central Bank her way

Christine Lagarde's early departure as European Central Bank president marks the end of a seven-year tenure shaped by the Covid-19 pandemic, energy shocks and record inflation. Despite initial doubts over her lack of formal economics training, Lagarde helped steer the ECB through major crises. However, her decision to leave before her term ends has sparked criticism over political interference and raised questions about the institution's independence.

The Economic Times 29 Oct 2026 5:35 pm

In the 1890s, gold drew up to 3,000 people to Duncan, Colorado; by 1900, most buildings had been dismantled after US marshals moved to remove them

Duncan was a booming settlement that sprang up during Colorado's gold rush in 1874, attracting around 3,000 fortune seekers. Despite its initial promise, the town began to crumble by 1900 due to complicated land ownership disputes. Many families abandoned Duncan, relocating to the nearby Liberty, which also faced a slow decline. This narrative highlights the hardships endured by pioneers in pursuit of wealth during this vibrant yet turbulent era.

The Economic Times 29 Oct 2026 5:30 pm

PM to visit Gujarat on Oct 30-31, inaugurate projects worth Rs 14,000 crore

Prime Minister Narendra Modi will begin a two-day visit to Gujarat, where he will inaugurate significant development projects. He will dedicate over Rs 14,000 crore worth of initiatives, including child-friendly Anganwadi Centres and agriculture infrastructure projects. Modi is also set to participate in cultural celebrations, notably Bharat Parv 2026, aimed at showcasing India's diverse heritage. Additionally, he will lay the foundation stone for the Ahmedabad Metro phases.

The Economic Times 29 Oct 2026 5:22 pm

Christine Lagarde is leaving the ECB early, and Europe's economic future could look very different: What the region stands to lose and gain

Christine Lagarde announced her resignation from the European Central Bank, set for February 7, 2027. Her departure is earlier than planned, as her term was due to end in October 2027. This resignation allows EU leaders to appoint her successor ahead of upcoming French presidential elections. Europe faces economic challenges, including inflation and high energy costs, which the ECB must address.

The Economic Times 29 Oct 2026 5:05 pm

Karnataka minister's defence of SIR leaves Congress in tight spot ahead of Nov 1 Delhi protest

Public Works Department Minister Satish Jarkiholi defended the Special Intensive Revision of voter lists in Karnataka. His defense contradicted concerns raised by Home Minister Priyank Kharge regarding irregularities in specific districts. Kharge highlighted issues like deceased individuals being incorrectly marked as living and bulk applications lacking verification. The opposition BJP capitalized on the discord, criticizing the Congress's contradiction of its leadership's claims.

The Economic Times 29 Oct 2026 5:05 pm

School Assembly Headlines for October 30: Top national, international, sports and business updates

School Assembly News Headlines for October 30, 2026: The Centre will release the 24th instalment of the PM-Kisan scheme on October 30, benefiting eligible farmers. The Bombay High Court has denied Meta's request to relocate a lawsuit to California, affirming Indian jurisdiction. Jamia Millia Islamia has prolonged online classes until November 24 due to ongoing protests on campus. In Israel's 2026 elections, Benjamin Netanyahus bloc is reportedly leading with a projected seat count near 54.

The Economic Times 29 Oct 2026 5:04 pm

Dubai real estate company gifts Rs 4 crore Lamborghini for the best performing employee

A Dubai real estate agent received a Lamborghini Urus worth up to Rs 4 crore after closing more than $500 million in sales over two years. Richkey Properties CEO Daban Othman surprised Natalia Chavez with the luxury SUV at the firm's third anniversary gala, where she was also named its Top Performer of 2026 after winning four major awards.

The Economic Times 29 Oct 2026 5:01 pm

In 1905, Minnesota opened a transporter bridge with a suspended gondola; the platform carried people, streetcars, and vehicles across Duluths harbor canal

In February 1905, the Duluth Aerial Ferry Bridge debuted to facilitate travel over a challenging sandbar. This innovative structure enabled rapid transport of individuals and cargo across water. However, with the rise of cars during the 1920s, its limitations became all too clear. As a result, the city opted for a modern vertical lift bridge.

The Economic Times 29 Oct 2026 5:00 pm

Israel election deadlock: What are the 4 possible scenarios for forming a government?

Following a national vote, Benjamin Netanyahu remains as caretaker prime minister without a clear government. President Isaac Herzog will consult with party leaders to identify potential candidates for government formation. If unsuccessful, a new election could be triggered within approximately 100 days. Netanyahu may attempt to recruit opposition members to secure a right-wing majority. Alternatively, a unity government with opposition parties may also be considered as a last resort.

The Economic Times 29 Oct 2026 4:59 pm

New Jersey planted more than 26,000 bushels of recycled oyster and clam shells across 8 acres; the total was double the amount initially planned

New Jersey has launched a remarkable shell recycling initiative aimed at revitalizing oyster reefs in the Mullica River estuary. This community-driven effort has surpassed all expectations, restoring twice the intended area. By partnering with local restaurants, which are actively involved in collecting and recycling oyster shells, the project underscores the crucial role oysters play in coastal ecosystems. Likewise, New York is undertaking similar efforts to bolster local oyster populations.

The Economic Times 29 Oct 2026 4:30 pm

Qualcomm job cuts in November: How many employees could lose their jobs and when will it be announced?

Qualcomm is set to implement further layoffs in November, as indicated by a memo from CEO Cristiano Amon. This decision, expected to impact 3% to 6% of the workforce in India and similar proportions worldwide, aims to boost performance and tackle unmet expectations. Amid challenges in the consumer electronics sector, the company is shifting focus towards expansion in data centers and AI technologies for stronger business diversification.

The Economic Times 29 Oct 2026 4:14 pm

Texas reused 135,389 old tires in San Angelo road projects; the recycled rubber was used in pavement to help improve road durability and divert waste from landfills

In San Angelo, Texas, over 135,000 recycled tires have been creatively incorporated into local road projects, significantly enhancing durability. This innovative initiative not only secured an Environmental Achievement Award but also tackles the pressing tire waste problem in America, where 230 million tires are produced annually, with 79% recycled as of 2023.

The Economic Times 29 Oct 2026 4:00 pm

ECB President Christine Lagarde to step down on February 7, 2027

Christine Lagarde has announced her decision to step down from her position at the ECB. Her resignation will take effect on February 7, 2027, nearly nine months early. Originally, her term was expected to end in October 2027. Speculation regarding her early exit has been ongoing for several months. The announcement coincides with the ECB's interest rate decision the same day.

The Economic Times 29 Oct 2026 3:45 pm

Scientists set up 45 artificial ponds near St. Louis and studied them for 7 years; even when ponds got the same species, the order they arrived changed the outcome

A recent examination of 45 plastic cattle tanks has shed light on the significant role that species arrival order plays in biodiversity. Tanks with low nutrients exhibited similar communities irrespective of this order, while high nutrient tanks presented diverse variations. This phenomenon, termed the priority effect, has implications for community stability and ecosystem restoration efforts, cautioning restoration ecologists against presuming automatic self-repair in nutrient-rich habitats.

The Economic Times 29 Oct 2026 3:30 pm

IMF proposes Chinas Min Liao as deputy managing director, Bo Li to exit in November

The International Monetary Fund has nominated Min Liao, Chinas Vice Minister of Finance, for Deputy Managing Director. His appointment follows the term expiration of Bo Li, which ends on November 30, 2026. Liao has extensive experience in financial regulation and macroeconomic governance, contributing to global economic policy coordination. He has played significant roles in various financial institutions since beginning his career.

The Economic Times 29 Oct 2026 3:25 pm

In 2026, Texas deployed 400 tons of concrete railroad ties off Port OConnor; the material was arranged into two piles at an artificial reef site

In April 2026, Texas took a significant step by deploying 400 tonnes of concrete railroad ties to form two artificial reef piles. This project is designed to transform the flat bottom of the Gulf into a thriving habitat for marine life. Researchers are closely examining how these artificial reefs influence fish communities, with valid concerns about potential fish migration from other regions.

The Economic Times 29 Oct 2026 3:00 pm

Oxygen cylinder explodes inside ambulance, killing at least 10 in Pakistan

A local police official said patients were being transferred to another hospital when the explosion occurred. Images on social media and on television stations showed flames engulfing a vehicle, with one door open. Another image showed its blackened frame outside a building as people stood nearby.

The Economic Times 29 Oct 2026 2:17 pm

Delhi traffic advisory: Restrictions, diversions around JLN Stadium on October 30 for Diljit Dosanjh concert

Delhi Traffic Police announced traffic advisories for Diljit Dosanjh's concert at Jawaharlal Nehru Stadium on October 30, 2026. The traffic restrictions will be implemented from 1 pm to midnight in the vicinity of the venue. Commuters are encouraged to use public transport, with Delhi Metro considered a suitable option. Motorists should remain patient and follow traffic rules to assist with smooth movement.

The Economic Times 29 Oct 2026 1:00 pm

What to know about Brazil's Bolsonaro's departure to the US after his electoral defeat

Flavio Bolsonaro, a Brazilian senator, fled to Miami with his family after losing the presidential election. He had been under investigation for corruption and faced passport seizures ordered by the Supreme Court. His father, Jair Bolsonaro, had previously claimed electoral fraud without providing evidence. Despite allegations of voter suppression, the electoral results were widely accepted by political leaders around the world.

The Economic Times 29 Oct 2026 12:57 pm

India is addressing Wall Streets favourite elephant in the room to its own advantage

The Indian government has identified 762 potential applications of artificial intelligence across 62 ministries and departments, spanning farming, railway safety, tax compliance, public grievances, customs and healthcare. While some tools are already in use, others remain in pilot or development stages.

The Economic Times 29 Oct 2026 12:51 pm

US midterms: Decoding the high-stakes game

The November 3 US midterm elections will determine whether Donald Trump continues to rule the US a Congress largely aligned with his agenda, or faces two years of heated resistance from an opposition empowered to challenge each and every decision of his.With all 435 seats in the House of Representatives and 35 of the Senates 100 seats up for election, the results will shape the balance of power in Washington, influence key policy decisions and set the stage for the 2028 presidential contest.Also read | Trump and Obama trade barbs in closing week of US midterm electionRepublicans currently control both chambers of Congress, giving the president a legislative advantage. Democrats are seeking to break that hold and turn Congress into a check on executive power. The outcome will decide not only the administrations ability to advance its priorities but also the extent of congressional oversight during the remainder of Trumps term.What are midterm elections and why do they matter?US presidents and vice-presidents are elected every four years. Midterm elections take place halfway through that period, when voters elect members of Congress and several state-level officeholders, but not the president or vice-president.Unlike presidential elections, which use the Electoral College to determine the winner, midterms decide the composition of Congress. Historically, the presidents party tends to lose congressional seats in these elections, reflecting voter approval or dissatisfaction with the administration. This trend is not inevitable, but it makes the midterms a crucial test of a presidents political standing.The newly elected 120th Congress will convene in January 2027. Its composition will determine how much legislative support Trump retains for the final two years of his presidency.House of Representatives: A narrow path to controlThe House is expected to be the most closely contested battleground. A September 2026 analysis by the European Parliaments research service put the Republican strength at 219 seats against 214 for Democrats, with two vacancies. Reuters reported on October 12 that Democrats would need a net gain of four seats to secure a majority.Although the numerical gap is small, the contest will depend on individual districts with different political preferences, local concerns and candidates. Congressional boundaries are another factor. Mid-decade redistricting, which allows states to redraw electoral maps between the usual ten-year census cycles, has altered the competitive landscape. Republican-led efforts in some states have created additional obstacles for Democrats, even as other districts remain susceptible to changing voter sentiment.Races in Pennsylvania, Arizona, Michigan, North Carolina, Florida and Washington are among those to watch. Vulnerable Republican incumbents and open seats could prove decisive in determining which party controls the chamber.Also read | Bloomberg, two trading firms agree to pay Truth Social for faster access to Trump's posts, sources sayA Democratic victory would give the party the House leadership and greater scope to launch investigations, issue subpoenas and scrutinise the administration. Republicans, meanwhile, would retain an important legislative advantage if they hold their majority. Democrats do not need to win every competitive race; they need to gain enough seats while protecting their own vulnerable incumbents.Senate: The battle over judges and appointmentsThe Senate presents a different challenge for Democrats because several Republican-held seats are in states that Trump won comfortably in 2024. Republicans currently have 53 seats, while Democrats and independents who caucus with them hold 47. Democrats need a net gain of four seats to reach a majority of 51. The vice-president can break a 50-50 tie, making the precise arithmetic dependent on the chambers composition and control of the vice-presidency.According to Reuters October 12 assessment, key contests include Georgia, Michigan, New Hampshire, Maine, North Carolina, Ohio, Alaska, Iowa, Texas and Kansas.In Alaska, Republican Senator Dan Sullivan faces former Democratic Representative Mary Peltola. Trump won the state by 13 percentage points in 2024, while its ranked-choice voting system adds uncertainty to the contest.Also read | US judge denies federal request to block 20,000 voters, says it would 'wreak havoc' on US midterm electionsIowa has an open seat following Republican Senator Joni Ernsts decision not to seek re-election. Republican Ashley Hinson and Democrat Josh Turek are competing for it, with economic concerns and the Iran war featuring in the debate.Kansas is another race attracting attention. Republican Senator Roger Marshall faces Democrat Adam Hamilton, while immigration enforcement has become a point of disagreement within the Republican camp. The contest illustrates how national policy debates can complicate elections even in states that strongly backed Trump.Control of the Senate has implications beyond legislation. The chamber confirms federal judges, Supreme Court nominees and senior executive appointments. A Republican majority would preserve the presidents ability to advance nominees with support from his party, subject to Senate rules and individual senators votes. Democratic control would give the opposition greater leverage over appointments and the legislative agenda, although it would not automatically enable the party to reverse every presidential policy.Governor and state legislature electionsVoters will also elect governors in 36 states. The current national tally stands at 26 Republican governors and 24 Democratic governors. Of the governorships being contested, 18 are held by Republicans and 18 by Democrats.Republicans are defending governorships in New Hampshire and Vermont, both states won by Kamala Harris in 2024. Democrats, meanwhile, are defending governorships in Arizona, Kansas, Michigan, Pennsylvania and Wisconsin, all won by Trump in 2024.Governors influence state budgets, healthcare, education, public safety, energy development and the implementation of federal policies. They also play important roles in emergency management and the administration of elections under state law.Several contests have particular national significance. In Georgia, Democrat Keisha Lance Bottoms faces Republican Rick Jackson in a race with implications for healthcare and data-centre regulation. The state remains politically important following disputes over the 2020 election.In Ohio, Democrat Amy Acton and Republican Vivek Ramaswamy are competing for the governorship, which carries influence over state policy and election administration. Wisconsins contest between Democrat David Crowley and Republican Tom Tiffany is significant in a state that has repeatedly been closely divided in presidential elections. Nevada is also drawing national attention, with economic pressures and the cost of living central to its political debate.These contests will reflect local candidates records and policy priorities as well as national political sentiment. State legislative elections are equally consequential because lawmakers determine whether governors proposals become law, shape abortion policy and establish election rules. Depending on state laws and the timing of redistricting, legislatures may also influence future congressional boundaries.Which issues will determine the outcome?The economy is the leading concern among voters, according to a Pew Research Center survey of registered voters conducted between September 28 and October 4. Some 84% rated it very important to their vote. The future of democracy, healthcare and education followed, while immigration and foreign policy also featured prominently.Economy and cost of livingInflation, housing, energy and everyday expenses are likely to influence how voters judge the party in power. Republicans will seek to persuade voters that the administrations policies are delivering results and that continued congressional control is necessary to sustain them. Democrats will look to economic dissatisfaction to challenge the administrations record on household finances.The Iran conflict adds another dimension, with fuel prices and the wars economic consequences becoming part of the political debate, including in traditionally Republican states. How voters connect these pressures with presidential policies could influence closely contested races.Immigration and border enforcementImmigration remains central to Trumps political agenda, particularly his efforts to expand deportations and intensify enforcement. Republicans argue that stronger enforcement is necessary to control illegal immigration and protect national security. Democrats have challenged aspects of the administrations approach, citing its effects on communities, workers and families.Pew found that 72% of voters supporting Republican congressional candidates considered immigration very important, compared with 53% of those backing Democratic candidates. However, enforcement has also produced disagreements within Republican ranks over the extent of the administrations actions.Healthcare, education and abortionHealthcare is a particularly important issue for Democratic voters. In the Pew survey, 82% of Democratic-candidate supporters rated it very important, against 53% of Republican-candidate supporters. The results could influence debates over healthcare funding, insurance coverage and federal policy.Education is important to both parties, although they differ over school governance, curriculum and the role of government. Abortion remains politically significant following the Supreme Courts 2022 decision overturning the constitutional protection previously recognised under Roe v. Wade. State governments now have greater authority over abortion policy, raising the stakes in gubernatorial and legislative contests.Democracy, investigations and foreign policyThe future of democracy was rated very important by 73% of registered voters in Pews survey. The issue covers election administration, political accountability and confidence in democratic institutions.Investigations into the Trump administration are another dividing line. Some 63% of Democratic-candidate supporters rated the issue very important, compared with 7% of Republican-candidate supporters.Foreign policy, including the Iran war, tariffs and Americas international role, could also influence assessments of presidential leadership, security and economic priorities. The election will not determine the course of a conflict directly, but congressional control could alter the political constraints under which the administration operates.How the midterms could shape 2028The results will influence both parties strategies for the next presidential election. Retaining control of Congress would allow Republicans to argue that Trump has maintained political support during his second term. Losing either chamber would prompt questions about the administrations economic record, political strategy and ability to mobilise voters beyond its core base.For Democrats, capturing the House or Senate would provide a platform to challenge the president and raise the national profiles of emerging leaders. It could also sharpen internal debates over the partys future direction and the balance between progressive candidates and more centrist figures.The immediate contest is about control of Congress and state governments. Its wider significance lies in determining how much political room Trump has to govern, how effectively Democrats can challenge him and the conditions under which both parties will prepare for 2028.

The Economic Times 29 Oct 2026 12:24 pm

Council polls: Nagpur seat no longer BJP stronghold, it's our bastion, says Congress winner Abhijeet Wanjari

Abhijeet Wanjari won the Nagpur Division Graduates' Constituency seat against Sudhakar Kohale from the BJP. The election results were declared after an extensive 40-hour vote-counting process. Wanjari secured 67,231 votes while Kohale received 63,960 votes in this close contest. This victory indicates a shift from the traditional BJP stronghold to a Congress bastion in this constituency. The outcome signifies a continued trend of Congress winning similar elections in the region.

The Economic Times 29 Oct 2026 12:01 pm

Karwa Chauth 2026 Moonrise Time Today: Check city-wise timings for Delhi, Noida, Gurugram, Jaipur, Mumbai, Bangalore and other cities

Karwa Chauth Moonrise Time: Celebrated by married women, Karwa Chauth involves a day-long fast until the moon appears. The rituals commence early with Sargi, a pre-fast meal. As evening falls, women engage in traditional prayers, culminating in breaking their fast upon sighting the moon. Since different cities in India experience varied moonrise timings, women must confirm their local schedules to participate meaningfully.

The Economic Times 29 Oct 2026 11:59 am

'2026 resembles 1991': CEA Nageswaran says India is at a critical economic inflection point

Chief Economic Advisor V Anantha Nageswaran emphasized that 2025-26 could be a significant inflection point for India's economy. He mentioned the challenges posed by global shocks and supply-side disruptions in recent years. The reliance on imported crude oil adds to India's vulnerability to fluctuating international energy prices. Strengthening resilience to external disruptions is crucial for managing such risks effectively.

The Economic Times 29 Oct 2026 11:53 am

India's counter-terrorism strategies battle-tested: Rajnath Singh cites Operation Sindoor in ADMM-Plus

Defence Minister Rajnath Singh addressed state-sponsored terrorism and Indias commitment to regional security during the ADMM-Plus forum. He emphasised the need for sharing practical counter-terrorism experience with partners to strengthen collective capabilities.

The Economic Times 29 Oct 2026 9:52 am

Trump and Obama trade barbs in closing week of US midterm election

US President Donald Trump and former President Barack Obama stepped up campaigning ahead of next Tuesday's congressional elections, which could shift control of Congress. Obama rallied support for Democrats in Georgia, criticising Trump's policies and leadership, while Trump campaigned for Republicans in Ohio amid protests and declining approval ratings.

The Economic Times 29 Oct 2026 9:36 am

Bloomberg, two trading firms agree to pay Truth Social for faster access to Trump's posts, sources say

The firms are Susquehanna International Group and Jump Trading, both high-frequency trading firms focused on algorithmic and automated strategies.

The Economic Times 29 Oct 2026 9:08 am

System failure, inexplicable decisions, 68 deaths: How Spains train collision unfolded

Spain is in three days of mourning following a train collision that resulted in 68 fatalities. The crash involved a state-operated train colliding with a stationary service run by a private operator. An automatic control system failure is believed to have led to the tragedy as traffic was resumed inexplicably. Emergency crews worked tirelessly to search the wreckage and assist injured passengers during chaotic scenes.

The Economic Times 29 Oct 2026 9:03 am

Karwa Chauth 2026 Puja time: Check bhadra kaal, puja vidhi, vrat katha, and samagri to keep in your puja thali

Karwa Chauth is being celebrated on October 29, 2026, with traditional fasting and worship rituals. Married women observe a day-long fast for the long life and good health of their husbands. The rituals include a pre-sunrise meal called Sargi and evening puja with offerings to deities. The Karwa Chauth vrat katha highlights the importance of devotion for married life.

The Economic Times 29 Oct 2026 8:56 am

Samsung logs $80.5b profit despite AI jitters

Seoul: Massive demand for AI chips delivered record quarterly profits to South Korea's Samsung Electronics on Thursday, but shares fell as investors questioned the resilience of the global tech boom.Samsung is the world's largest maker of memory chips -- components in short supply as advanced types are snapped up for use in data centres powering artificial intelligence.Also read: South Korea fines Google, Apple a combined $47.6 million over app store payment practicesThe company posted July-September operating profit at 107.4 trillion won ($80.5 billion) -- up more than 780 percent on-year.It marked the first time any technology company had reported quarterly operating profit over 100 trillion won, Samsung said.Net profit jumped more than 510 percent from last year to 75.1 trillion won, while sales reached 195.3 trillion won.The global race to build data centres to train and run chatbots, image generators and other AI tools has turbocharged the fortunes of Samsung and other chipmakers, despite concerns that the sector may be overvalued.Samsung shares fell more than five percent on Thursday morning.Investors were disappointed by a miss of market expectations for operating profit by the semiconductor division, according to Bloomberg News.The company's memory business achieved another record-breaking quarter by managing its product mix, with a focus on AI products, amid capacity constraints, Samsung said in a statement.Strong demand momentum for servers led to higher market prices across all applications.'Unprecedented growth'Demand-driven shortages of advanced memory chips known as HBM, used in AI systems alongside other data-crunching semiconductors, has caused their price to spike.Dilin Wu, research strategist at Pepperstone, said strong earnings from Samsung and South Korean industry rival SK hynix were a reminder that the AI memory boom is still very real, despite all the concerns we've seen around the broader AI trade.Chipmakers are benefiting directly from the AI investment boom, while the companies buying their chips are still trying to prove they can earn a decent return on all that spending, she told AFP earlier this week.With sky-high expectations for stellar results, record profits may not be enough to reassure market players.Ultimately, investors want to know whether there's still another leg to this memory upcycle, or whether we're getting close to peak earnings, Wu said.Samsung predicted Thursday that it would continue to feel the benefits of the AI boom.Chief financial officer Park Soon-cheol told an earnings call the company expects unprecedented growth in memory demand in 2027, driven by accelerating competition to build AI infrastructure and the expansion of personal AI agents.On the supply side, however, we expect difficulties in expanding... output in a short period of time through new capacity additions, he said.Chip companies focusing their efforts on profitable HBM has also fuelled shortages of the less glamorous computer memory components used in everyday consumer electronics -- driving up the price of smartphones and laptops.Shareholder returnsSamsung on Thursday detailed plans to return up to 110 trillion won to shareholders this year, including 30 trillion won in cash dividends, following an August announcement.Record profits driven by booming demand for AI memory chips have fuelled calls for greater shareholder returns, particularly after shares in tech giants such as Samsung tumbled from their June record highs amid concerns over US tech firms' AI spending.The announcement comes a day after SK hynix also announced plans to return 60 trillion won to shareholders, following the completion of a 40 trillion-won shareholder return programme.Such shareholder returns would allow the benefits of earnings growth to translate into greater shareholder returns, said Kim Dong-won, head of KB Securities' research center.With record profits and undervaluation coexisting, the largest-ever expansion of shareholder returns would be a decisive opportunity to address the company's undervaluation and serve as a key driver of a reassessment of its market value, said Kim.

The Economic Times 29 Oct 2026 8:36 am

US Iran war: Tehran says discussing plan with mediators to end war, reopen Strait of Hormuz

Iran's Foreign Minister Abbas Araghchi stated that Tehran is negotiating a seven-day plan for peace and stability. The plan aims to reopen the strategic Strait of Hormuz and involve crucial conditions like enforced ceasefire. Regional mediators, particularly Qatar, are facilitating communication to revitalize US-Iran discussions and prevent ongoing conflict. The proposal also includes demands for sanctions relief and asset unfreezing, which remain unresolved.

The Economic Times 29 Oct 2026 8:06 am

Oil Price Today (October 29): Crude oil dips to $113 as diplomatic talks outweigh infra attacks. Can oil fall further?

Crude oil price : In light of recent diplomatic talks surrounding potential U.S. military engagements with Iran, oil prices have taken a dip. These crude prices remain sensitive to the fluctuating situation marked by ongoing regional conflicts and the threat of further military interventions. Despite Iran's openness to negotiations, escalating hostilities from the Houthi faction targeting Saudi Arabia add to the uncertainty.

The Economic Times 29 Oct 2026 7:54 am

Spain trade union demands transport minister's resignation after train crash kills 68

Spain's trade union CSIF is urging the resignation of Transport Minister Oscar Puente after a tragic train collision. The accident, which occurred in Castilla-La Mancha, resulted in the death of 68 individuals and numerous injuries. Following the incident, the union has called for a thorough investigation into rail safety and infrastructure maintenance. Minister Puente mentioned a failure of an automatic control system as a contributing factor to the accident.

The Economic Times 29 Oct 2026 7:51 am

US warns allies to prepare for possible Iran strikes, retaliation after elections, sources say

US officials have alerted regional allies about potential military action against Iran following the upcoming elections. President Trump's administration is considering renewed strikes against Iran, emphasizing preparations for possible retaliatory actions. Iranian officials express a willingness to pursue diplomatic solutions despite the tensions. The conflict has intensified with Houthi rebels targeting Saudi infrastructure amid unrest. The situation remains fragile as both sides anticipate further developments in the region.

The Economic Times 29 Oct 2026 7:44 am

'They were treated very unfairly: Trump defends Flavio Bolsonaro after his family reaching in Miami

'They were treated very unfairly: Trump defends Flavio Bolsonaro after his family reaching in Miami

The Economic Times 29 Oct 2026 7:35 am

Gold dips on firmer dollar; US inflation data in focus

Gold prices experienced a decline as the dollar strengthened following the Federal Reserve's decision to hold interest rates steady. Market participants are now paying close attention to forthcoming inflation statistics, which could sway the Fed's future decisions. Spot gold dropped by 0.7%, while both silver and platinum recorded slight downturns. However, palladium saw a modest uptick due to ongoing market volatility.

The Economic Times 29 Oct 2026 7:35 am

US oil prices fall as investors gauge risks to Mideast supply

The price of US West Texas Intermediate crude dropped 0.9%, settling at $101.86 a barrel, showing sharp fluctuations after a previous days 3% climb. The situation worsened as Houthis targeted Aden airport and a key Saudi oil facility, which threatens energy security. In addition, Qatari mediators' draft for a deal with Iran was rejected by senior officials, amplifying the region's tension.

The Economic Times 29 Oct 2026 7:31 am

Hundreds protest in Israel's Tel Aviv, Jerusalem and Haifa calling for Jewish-Arab government

Around 300 people protested across major cities in Israel, calling for a Jewish-Arab government and inclusive governance. Demonstrators displayed placards with slogans advocating for freedom and cooperation between communities. As protests unfolded, initial election results indicated a tightly contested political landscape with significant implications. Key opposition leaders expressed intent to form a new government addressing pressing issues and restoring hope.

The Economic Times 29 Oct 2026 7:29 am

Israel's Arab parties set for kingmaker status, may hold key to Netanyahu's political future

Israel's Palestinian citizens are expected to secure a record number of seats in parliament after high voter turnout. Their participation was driven by concerns over Prime Minister Benjamin Netanyahu's government and its policies. The Arab parties may block an outright victory for Netanyahu's coalition, which is short of a majority. Gadi Eisenkot's bloc also seems likely to require Arab support to form a stable government.

The Economic Times 29 Oct 2026 7:08 am

US Fed Chairman Kevin Warsh just telegraphed more rate hikes without saying it

Warsh used his assessment of a strong economy and warnings over persistent inflation to signal the Feds job is not yet done. The message reinforced expectations that officials will raise borrowing costs in December after holding them steady Wednesday with the potential for another increase in early 2027.

The Economic Times 29 Oct 2026 7:06 am

Fed holds rates as inflation stays high, signals more hikes amid AI boom and energy costs

The Federal Reserve held its key rate steady at around 3.9%, signaling cautious optimism about inflation trends. Chairman Kevin Warsh emphasized the importance of inflation control while dismissing political influences on monetary policy decisions. Analysts expect a potential rate increase at the next meeting as inflation persists, affecting consumer sentiment. Some Fed officials dissented, indicating ongoing discussions about future rate hikes remain relevant.

The Economic Times 29 Oct 2026 7:00 am