The Economic Times News

The IRS has introduced a new law to fix tax filing math errors more clearly. The IRS MATH Act helps taxpayers understand mistakes, know where they happened, and respond on time. It aims to reduce confusion, save effort, and make dealing with IRS tax notices easier for millions of Americans.

John Means made his major league debut in 2018, was an All-Star the following year and spent his first seven seasons with Baltimore.

Nasdaq rose more than 1% again today as AI stocks staged a strong rebound. Oracle jumped after a TikTok deal headline. Nvidia climbed on chip export optimism. Micron extended gains on bullish guidance. Volatility remains high with record options expiry approaching. Investors now watch AI momentum into year-end.

The Indian Army proposal is at an advanced stage of acquisition. It is likely to be cleared soon by a high-level meeting of the Defence Acquisition Council scheduled to be held in the last week of this month, Defence sources informed ANI.

The Enforcement Directorate has approved a Reserve Bank of India compounding order. This settles a year-long FEMA violation case against Nearbuy India Private Limited. The company will pay Rs 4.28 lakh to avoid prosecution. This move promotes ease of doing business. Petty FEMA violations will now be compounded to end frivolous litigation. Proceedings against the company have been terminated.

Winterfest has long been one of Fortnites most celebratory events, known for offering free cosmetic rewards, holiday-themed challenges and crossover content. In past chapters, the festive period has sometimes wrapped up without much fanfare, while other years have featured unexpected events or storyline developments.

Quote of the day by Franklin D. Roosevelt: Franklin D. Roosevelt's words from 1933 still resonate. He spoke of fearing fear itself during the Great Depression. Today, fear still hinders progress through news and social media. Courage is not the absence of fear but refusing to be ruled by it. This timeless lesson teaches that internal obstacles often hold us back. Understanding fear allows us to move forward.

Gold Price Forecast: Goldman Sachs forecasts gold rising to $4,900 by December 2026 amid central bank demand. Oil prices may decline to $52-$56 next year, then recover by 2028. Copper stays the favored industrial metal at $11,400 per ton. U.S. power markets face rising prices and possible outages.

Target app down: Target is facing a major system outage during the crucial holiday shopping week. Customers and employees are experiencing disruptions across digital platforms. Online shopping, returns, and pickup services are affected nationwide. The issues began early Friday morning, impacting order fulfillment and customer transactions. Target has advised customers to retry their purchases later.

The Ursids are a yearly meteor shower that occurs when Earth passes through debris shed by Comet 8P/Tuttle, a short-period comet that circles the Sun approximately every 13.5 years.

The Reserve Bank of India's monetary policy committee decided on a 25 basis points repo rate cut. This move was driven by worries about economic growth slowing in the latter half of the fiscal year. Record low inflation provided the necessary room for this policy stimulus. The decision aimed to support demand and economic growth.

Weekend Streaming Releases provides a wide variety of fresh movies, shows, and specials across platforms such as Netflix, Hulu, HBO Max, and Disney+. From binge-worthy series to hilarious stand-up specials, these new releases offer viewers numerous options for a relaxing weekend. Popular entries this week include Emily in Paris Season 5 on Netflix, the Counting Crows documentary on HBO Max, and Kumail Nanjianis stand-up special Night Thoughts on Hulu.

Warren Buffetts 90/10 rule guides investors to 90% S&P 500 and 10% bonds. It offers low fees, broad market growth, and long-term compounding. Historically, the S&P 500 returned around 10% annually. Critics warn about volatility for retirees. Still, simplicity and patience make it a proven strategy.

Americans will get automatic $250 checks through Trump Accounts, a program for children born in 2025-2028. Billionaire Ray Dalio donated $75 million to help kids start savings. Parents can add money too, and the accounts teach children about saving, stocks, and financial independence. This plan aims to give kids a strong financial start early in life.

IBPS RRB PO Result 2025 OUT: The Institute of Banking Personnel Selection has announced the IBPS RRB PO Prelims Result 2025. Candidates can check their qualification status on the official website. Those who cleared the preliminary exam will now prepare for the Mains examination scheduled for December 28, 2025. This result is a significant step towards securing a banking career in Regional Rural Banks across India.

Hollywood star Leonardo DiCaprio revealed he has not seen the iconic film Titanic in years. The actor made this confession during a chat with Jennifer Lawrence. DiCaprio prefers to keep a low public profile to protect his privacy and ensure career longevity. Fans expressed surprise at his admission regarding the beloved movie.

Bangladesh is experiencing significant unrest following the death of a radical leader. Protests have turned anti-India, targeting Indian interests. A Hindu youth was lynched, and media offices were attacked. India views this as a major strategic challenge, fearing long-term realignment. Upcoming elections are a critical juncture for Bangladesh and South Asia's strategic balance.

BMW Motorrad India will increase prices on its bikes by up to six percent starting January 1, 2026. This change affects both locally made and imported models. The company cites foreign exchange pressure and higher input costs as reasons for the adjustment. This move aims to ensure profitability and support its dealer network.

Hardik Pandya smashed the second-fastest T20I fifty by an Indian, reaching the milestone in just 16 balls against South Africa in Ahmedabad. His explosive innings, featuring powerful hitting and smart placement, shifted the momentum and earned applause from former player Gautam Gambhir. Pandya now sits behind only Yuvraj Singh in India's fastest T20I fifties list.

US stock market today: The Dow Jones Industrial Average rose 292.86 points, or 0.61%, to 48,244.71. The S&P 500 gained 0.78% to 6,827.88, while the Nasdaq Composite jumped 1.03% to 23,243.86 by mid-morning trading. Nvidia rose on chip policy signals. Oracle jumped on TikTok venture news.

U.S Stock Market index S&P 500 is up more than 15 per cent so far 2025, on track for its third consecutive year of gains of at least 10 per cent.

Claudio Neves Valente, 48, a former Brown student and Portuguese national, was found dead Thursday night from a self-inflicted gunshot wound, said Col. Oscar Perez, the Providence police chief.

Russell Brand drew attention after criticizing Canadian Prime Minister Justin Trudeau during a brief appearance at Turning Point USAs AmericaFest conference in Phoenix. Speaking to the crowd, Brand mentioned about his past marriage to Katy Perry and sharply criticized her current partner, stating Trudeau a globalist stooge. The comment came on the opening day of the conservative event.

Landman Season 2 Episode 6 release date, time, schedule and how to watch details the global release timings, full episode plan, and streaming platform information. The explainer also covers story developments, upcoming plot points, and what viewers can expect from the next episode.

Christmas shoppers can find missing packages. First, check your porch and neighbors. If still missing, contact the seller and file a claim. After seven business days, submit a Missing Mail Search Request to USPS. This helps locate lost deliveries. Millions of packages are stolen annually, making these steps crucial for consumers.

Trump accounts are new savings plans for children backed by the US government. They start with $1,000 and grow like an IRA until the child turns 18. After that, the money can be used for anything. Experts compare them to 529 plans, ESAs, and custodial accounts as ways for parents to save and invest for their childs future.

YouTube has permanently removed Screen Culture and KH Studio, top fake movie trailer channels. Both earned billions of views using AI-enhanced trailers. Fans were often misled into believing videos were official. The shutdown follows Disney copyright pressure and widespread complaints.

James Van Der Beek, undergoing treatment for colorectal cancer, clarified that his recent weight loss was due to stomach bugs, not his illness. The Dawson's Creek star, who was diagnosed with Stage 3 cancer at 46, emphasized the importance of early screening and expressed gratitude for his family's support and a newfound appreciation for life.

YouTube and Google down? When will it be back up is the main question for users across India and the United States. Thousands reported issues with YouTube, Google Search, and related services. Downdetector data shows server, website, and video streaming problems with no official update yet.

ISRO has announced the LVM3-M6 mission launch for December 24, 2025. The powerful rocket will lift off from Sriharikota. Members of the public can witness this event. Registration for viewing is available online. This mission utilizes ISRO's most capable launch vehicle.

Taylor Swifts Disney+ docuseries The End of an Era offers a closer look at the final U.S. leg of her Eras Tour, combining performances, backstage glimpses, and personal insights. Episode 4 emphasizes Swift's intent on providing fans a sanctuary during the politically charged 2024 presidential election. She emphasizes that the tour is meant to be an escape, citing, The one thing I can provide for people is an escape Im glad that I will have given just 100% girlhood and hope and belief and sweat a

Maya Angelou's powerful quote, Love recognises no barriers, emphasizes that true love is an active, courageous force that overcomes obstacles like fear, distance, and circumstance. It's about the effort and hope involved in connection, extending beyond romantic relationships to all forms of love that persevere through challenges.

The SAVE student loan plan is ending soon, and millions of borrowers will need to pick a new plan. Monthly payments may go up, especially for families and lower-income workers. The most stable option now is the Income-Based Repayment (IBR) plan, while a new Repayment Assistance Plan (RAP) will start in 2026 to offer cheaper payments for some borrowers.

Karnataka Chief Minister Siddaramaiah has dismissed any mid-term power-sharing agreement. This contradicts Deputy Chief Minister DK Shivakumar's assertion of a secret deal. Shivakumar stated an understanding exists between them and the Congress high command. Speculation about Shivakumar replacing Siddaramaiah after 30 months has been ongoing. The leaders have recently shown renewed bonhomie.

A Delhi court has rejected a plea by former Bihar Chief Minister Rabri Devi. She had sought to transfer criminal cases against her and her family to another court. Rabri Devi alleged bias from Special Judge Vishal Gogne. The cases involve the land-for-jobs and IRCTC scams. The CBI had called her plea a mala fide attempt to interfere with justice.

TSA warns holiday travelers not to wrap gifts before flying to avoid security delays. With record air travel expected, knowing TSA gift and packing rules is important. Items like liquids, snow globes, and some foods have limits. Travelers should check TSA guidelines early to save time and avoid problems at airport security.

Thought of the day: Here are some inspirational quotes by Chris Evans. The first teaser for Avengers: Doomsday has confirmed that Steve Rogers, the iconic Captain America played by Chris Evans, is set to make a return in Marvels upcoming ensemble blockbuster.

Tamil Nadu's electoral roll revision is seeing a strong public response. Over 5.43 crore electors have submitted forms. The Election Commission is working to ensure accurate voter lists for upcoming elections. A claims window is open for eligible voters to correct or restore their names. Special focus is on enrolling young voters. Booth-level officers and volunteers are assisting the process.

Finance Minister Nirmala Sitharaman is expected to present the Union Budget for 202627 on Sunday, February 1, in line with parliamentary convention. The February 1 date has been followed since 2017 to ensure the Budget is implemented on time from April 1. However, the final decision on holding the presentation on a Sunday rests with the Cabinet Committee on Parliamentary Affairs.

3I/ATLAS heads out but will be back with reinforcements? NASA confirms the interstellar comet has passed Earth and is exiting the solar system. Scientists continue analysis of its age, origin, unusual brightening, and what it reveals about early Milky Way material.

Brad Pitt achieved a new procedural legal win in his continuing dispute with ex-wife Angelina Jolie concerning their shared French winery, Chteau Miraval. A Los Angeles judge ordered Jolie to offer previously withheld, unredacted non-attorney communications, granting Pitts motion to compel discovery. The ruling provides Pitt access to emails and messages connected to Jolies 2021 sale of her stake to the Stoli Group.

Federal Reserve is restarting quantitative easing after massive balance-sheet reductions since 2022. Inflation remains near 3 percent, above the Feds 2 percent target. Federal borrowing costs are rising over $1 trillion annually. The Fed plans $40 billion in Treasury purchases to ease rates and maintain ample reserves. Markets and policymakers watch closely as QE returns, signaling a major shift.

Olivier Rioux, Florida's 7-foot-9 center, made history with his first college basketball dunk. He is now the tallest player to score a field goal in a college game. Rioux, already a Guinness World Record holder, recently played his first minutes for the Gators. This marks a significant achievement for the young athlete as Florida continues its season.

Singapore Police Force states no foul play is suspected in singer Zubeen Garg's death. An investigation is ongoing. Meanwhile, Indian police have charged four individuals with murder. A Coroner's Inquiry is scheduled for early 2026. The Assam government is also conducting a judicial probe into the singer's passing.