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Economy / The Economic Times

S&P 500, NASDAQ and Dow futures show big gains after Wall Street ended volatile week on a high with AI stocks dictating things; heres how key indices performed

US stock futures recorded gains on Friday after Wall Street closed higher. Futures for the S&P 500, Dow, and NASDAQ also showed significant gains. After witnessing multiple fluctuations on Friday morning, the S&P 500 took off and rallied nearly 2% before finishing with a gain of 1%. The Dow Jones Industrial Average climbed 493 points, or 1.1%, and the Nasdaq composite rose 0.9%.

22 Nov 2025 5:44 am
India's exports to China climb for 7 straight months in FY26, help New Delhi soften US tariff blow

Indias exports to China grew 24.7% year-on-year to $10.03 billion in AprilOctober, rising every month and touching a 42% jump in October. Petroleum products, telecom instruments and marine goods drove the increase, helping offset the impact of steep US tariffs on Indian shipments.

22 Nov 2025 5:30 am
Centre enforces four labour codes to modernise wage, safety and social security rules

India has introduced four new labour codes. These codes replace 29 old laws. They aim to simplify regulations and improve worker welfare. Minimum wages and social security are now guaranteed. Companies will find it easier to do business. This move is expected to boost productivity and job creation. The changes are effective immediately.

22 Nov 2025 5:30 am
Govt readies sweeping reform agenda for Winter Session with atomic, education and insurance bills

The government plans to introduce significant reforms in atomic energy, higher education, insurance, and securities markets during the upcoming Winter Session. New legislation will open nuclear power generation to the private sector, consolidate securities laws, and streamline education regulation. Additionally, bills to ease highway land acquisition and repeal obsolete laws are slated for introduction.

22 Nov 2025 5:30 am
Tyson Foods closing Lexington beef plant, cutting amarillo shift amid big losses

Tyson Foods is closing its beef plant in Lexington, Nebraska, and cutting a shift in Amarillo, Texas. The company faces big losses as U.S. cattle numbers drop. Thousands of workers will be affected. Tyson plans to boost production at other plants. The closures may impact local communities and beef supply, keeping prices high for consumers.

22 Nov 2025 5:27 am
Trumps very productive meeting with Zohran Mamdani at the Oval Office ends: How the US president praised the NYC mayor-elect days after multiple threats and warnings

New York's incoming mayor, Zohran Mamdani, met Trump at the White House, describing the discussion as very productive. Trump expressed comfort with Mamdani's leadership and pledged federal support for a safe New York, a stark contrast to past threats. This meeting follows Mamdani's historic mayoral victory and his assertive stance on immigration.

22 Nov 2025 4:59 am
Trump praises New York Mayor-elect Zohran Mamdani after surprise warm oval office meeting

Donald Trump and Zohran Mamdani talked about New Yorks rising living costs and high utility prices. They agreed that many people are worried about bills, safety, and daily expenses. Their meeting highlighted growing anger at Con Edison rates and how affordability is becoming a big issue for voters. Utility costs and New York prices are now major political concerns.

22 Nov 2025 4:41 am
How did Anna Kepner, teen cheerleader, die? Cause of death revealed as her 16-year-old stepbrother becomes suspect amid FBI probe; heres what you need to know

Teenager Anna Kepner's death aboard a Carnival Horizon cruise ship in November 2025 has been ruled an asphyxiation by bar hold, with investigators. Her 16-year-old stepbrother, identified as T.H., is reportedly under FBI investigation in connection with the case. Preliminary findings indicate no signs of sexual assault or substance use.

22 Nov 2025 4:18 am
Trump and Mamdani meet to discuss high con edison bills and cost of living in New York

Donald Trump and Zohran Mamdani talked about New Yorks rising living costs and high utility prices. They agreed that many people are worried about bills, safety, and daily expenses. Their meeting highlighted growing anger at Con Edison rates and how affordability is becoming a big issue for voters. Utility costs and New York prices are now major political concerns.

22 Nov 2025 3:56 am
Thanksgiving 2025: Bad weather and storms likely to trigger delays as nearly 82 million people are expected to travel this holiday; check weather forecast

Thanksgiving 2025 will see millions travel across America. A significant storm is forecast to hit the eastern two-thirds of the nation. This weather event is expected to cause travel delays on roads and at airports. Travelers are advised to prepare for potential disruptions during the busy holiday period. Millions will be on the move.

22 Nov 2025 3:30 am
22 Nov 2025 2:07 am
Streaming frenzy: 8 new movies and shows on Netflix and Prime you cant skip this weekend

This weekend's streaming lineup features a diverse array of new releases across Netflix, Prime Video, and Peacock. From the animated fantasy of The Mighty Nein to the psychological drama If I Had Legs I'd Kick You and Ed Sheeran's One Shot, there's something for every viewer. Don't miss the return of A Man on the Inside and the U.K.

22 Nov 2025 2:02 am
Think you know Social Security? These 3 hidden facts could change your benefits

Social Security benefits explained: Many Americans misunderstand Social Security rules. Your 35 highest-earning years determine benefits. Claiming age impacts monthly checks, with early filing reducing payments and delaying increasing them until age 70. Social Security was designed to cover only about 40% of pre-retirement income. Additional retirement savings are crucial for a secure future.

22 Nov 2025 1:50 am
Trumps tough Ukraine peace deadline sparks tension as Zelenskyy warns of heavy pressure and Europe reacts

A new US plan for the Ukraine war has created big tension. Donald Trump set a short deadline, and Ukraines President Zelenskyy says the pressure is very strong. The proposal includes major changes for Ukraine, and leaders in Europe are reacting carefully. The situation shows how serious the talks are and how much is at stake.

22 Nov 2025 1:34 am
New IRS IRA limits drop see how rich you would be if you saved this much annually

Ira contribution limit 2026 $7,500: The IRS has announced the 2026 IRA contribution limit will be $7,500. Saving this amount monthly could lead to significant retirement funds. Investing in an S&P 500 index fund could grow savings to $1.38 million. A balanced 60/40 portfolio might yield over $882,000. These figures offer a glimpse into future retirement wealth.

22 Nov 2025 1:27 am
COP30 draft gives road map to exit fossil fuels a miss

The latest draft has done away with the options that represented different countries and negotiating group positions. The balance between emission reduction, adaptation, and enablers is also missing. The draft calls for countries to accelerate the full implementation of NDCs but omits any language on a road map on transitioning away from fossil fuels.

22 Nov 2025 12:54 am
VIP Industries to sell Mumbai property to promoter-group firm for 40.7 crore

VIP Industries is selling its Mumbai property, VIP House, to Kemp & Company. The deal is valued at 40.71 crore. This transaction is considered a related-party deal but is not material. Shareholder approval is required for Kemp & Company. VIP Industries holds a small stake in Kemp & Company. The sale is on an as-is-where-is basis.

22 Nov 2025 12:54 am
Mighty Android slips a bit as users upgrade during festivals

Apple's iPhones are gaining ground in India, taking market share from Android phones. This trend is driven by Apple's focus on volume and accessible financing. Android brands are facing declining sales as consumers opt for iPhones. Apple's premium segment dominance is growing, with significant shipment increases. The overall smartphone market remains stagnant.

22 Nov 2025 12:50 am
SFIO introduces digital IDs to verify summons

The Serious Fraud Investigation Office (SFIO) has implemented digital safeguards, including QR codes and unique identification numbers on summons and notices, to prevent impersonation and misuse. A multi-layer review mechanism now oversees the issuance of these official communications, enhancing transparency for citizens and companies.

22 Nov 2025 12:47 am
Pharma Industry warns minimum import prices plan could raise drug prices, hurt MSMEs

Pharma experts have flagged concerns over the governments plan to set minimum import prices (MIP) for key drug ingredients such as Penicillin-G, 6APA and amoxicillin. They warn this will raise manufacturing costs, increase medicine prices and hurt over 10,000 MSMEs, potentially causing major job losses.

22 Nov 2025 12:47 am
IMEC to ease Israel's economic isolation, says minister Barkat

Israel anticipates major trade gains from the India-Middle East-Europe Economic Corridor. This ambitious project, linking India to Europe via the Middle East, will see Haifa port become a key gateway. The corridor's success hinges on expanding the Abraham Accords. India's rapid economic growth makes it a crucial partner for Israel, contrasting with Europe's slower pace.

22 Nov 2025 12:42 am
Budget winter getaways! These US trips cost less than $500 see the top picks

Winter is a cheap time to travel in the U.S. because flights and hotels cost less. Many cities offer good winter trips under $500, with easy sightseeing and fewer crowds. These places give simple activities, warm food spots, and relaxed winter views. It is a good season for short breaks, weekend plans, or a quick budget getaway.

22 Nov 2025 12:41 am
I-T department tells charitable trusts to add 'irrevocable' clause or lose tax benefits

A trust that fails to unambiguously put down these conditions would not receive tax benefits offered to donors as well as charitable trusts.

22 Nov 2025 12:40 am
TV broadcasters plan legal response to Trai advertising cap notice

TV broadcasters are preparing legal responses to Trais show cause notices over non-compliance with the 12-minute-per-hour ad cap. Industry bodies IBDF and NBDA are assessing options, calling the notices premature as the issue is before courts.

22 Nov 2025 12:39 am
GoI to revamp GDP series with new measurements, seeks industry feedback

The new GDP series, with base year 2022-23, will be released on February 27, 2026, replacing the current 2011-12 base. The new series will use more granular data, driven by the availability of administrative datasets and annual enterprise surveys.

22 Nov 2025 12:38 am
Tech, electronics firms back codes, but worry about costs

New labor codes are now in effect. They promise better wages and safety for electronics manufacturing workers. Increased investment and a skilled workforce are expected. Simplified rules and social security benefits will boost competitiveness. This modernizes labor laws, aligning India with global standards. The changes support workforce mobility and attract tech services.

22 Nov 2025 12:34 am
Kokuyo bets big on India as office demand surges

Japans Kokuyo says India has become its top global priority market as rapid office construction and rising workplace investments drive strong demand. Masahiro Fukui, the companys global managing officer, said full office setups in India are completed within 7590 days a speed rarely seen elsewhere. Overseas investment after the pandemic has accelerated this trend, with global companies upgrading workplaces to attract talent.

22 Nov 2025 12:34 am
New Labour Codes 2025: What changes for every worker in India

India is introducing new labour codes. These codes simplify workplace rules across all sectors. They aim for universal minimum wages and social security for gig workers. Flexible work arrangements and digitized compliance are key features. The changes promote worker protection and ease of doing business. These reforms are set to modernize India's labour landscape.

22 Nov 2025 12:31 am
News Labour Codes: Gig platforms to set aside 1-2% of turnover for worker welfare

New labour codes mandate online aggregators and marketplaces to contribute 1-2% of their annual turnover to a gig worker welfare fund. This move, impacting companies like Zomato, Swiggy, Uber, and Amazon India, aims to provide welfare benefits through an Aadhaar-linked Universal Account Number for gig and platform workers.

22 Nov 2025 12:27 am
Mamdani Trump meeting time: When does New York Mayor-elect Zohran Mamdani meeting with U.S. President Donald Trump begin?

Trump Mamdani meeting: Both U.S. President Donald Trump and New York City Mayor-elect Zohran Mamdani hail from the Queens borough of New York City and both are masters of political theater -- but their styles couldn't be more different.

22 Nov 2025 12:27 am
Jen Shahs 6.5-year prison sentence reduced, Real Housewives of Salt Lake City alum to be finally released on THIS date, where will she go after release? heres what we know so far

Jen Shah, a star of The Real Housewives of Salt Lake City, will be released from federal custody earlier than her original sentencing date. Her release date has been reduced multiple times due to good behavior and participation in prison programs. Shah is reportedly focused on reuniting with her family and building a healthier life after her incarceration.

22 Nov 2025 12:24 am
Doctors say these easy habits could be the key to finally controlling your Blood Pressure

High blood pressure, a silent killer, affects many Americans. Experts offer tips to manage it. Dietary changes, like reducing sodium and following the DASH diet, are crucial. Regular physical activity, including yoga, helps lower blood pressure. Quitting smoking and limiting alcohol are also recommended. Understanding the causes and taking proactive steps can lead to better health.

22 Nov 2025 12:19 am
US sanctions Maharashtra's RN Ship Management for alleged Iranian oil shipments

As of early 2025, India-based RN Ship Management Pvt Ltd, led by Indian nationals Zair Husain Iqbal Husain Sayed and Zulfikar Hussain Rizvi Sayed, served as the operator of multiple vessels used by Sepehr Energy Jahan to ship Iranian oil, including the sanctioned vessel SOBAR, the US Treasury said.

22 Nov 2025 12:16 am
Tata Power to invest Rs 1,572 crore in Bhutan's Dorjilung project

The project will be implemented through a special purpose vehicle (SPV), owned 60% by DGPC and the remainder by Tata Power. Tata Power will be investing about 1,572 crore in tranches, as per the agreed structure.

22 Nov 2025 12:13 am
DMK govt will push for Constitutional timelines on Governor: Tamil Nadu CM Stalin

Tamil Nadu's Chief Minister MK Stalin has declared that the state will pursue constitutional amendments to ensure there are specific timelines for governors to approve legislative bills. This decision arises after the Supreme Court indicated that governors cannot be subjected to court-imposed deadlines.

21 Nov 2025 11:56 pm
Avoiding all foreign judgments, used 'Swadeshi interpretation' in Presidential Reference: CJI BR Gavai

Outgoing CJI BR Gavai stated the Constitution bench used a swadeshi interpretation in its Presidential Reference opinion, prioritizing Indian precedents over foreign ones. The bench unanimously ruled that imposing timelines on the President and governors for bill assent was erroneous and uncalled for, emphasizing constitutional elasticity.

21 Nov 2025 11:54 pm
Cricket: Ben Stokes leads fightback after Mitchell Starc's seven as 19 wickets fall in Ashes

Mitchell Starc, spearheading the home attack in the absence of the injured Pat Cummins and Josh Hazlewood, took a career-best 7-58 as Australia dismissed the tourists for 172 before tea. The large visiting contingent in the crowd of 51,531 were soon in full voice, however, as England skipper Ben Stokes led a pace counter-offensive to rip through the Australian batting order and claim his own five-wicket haul with figures of 5-23.

21 Nov 2025 11:51 pm
NCMEI notice to Al-Falah flags misuse of minority tag

The National Commission for Minority Educational Institutions has taken a firm step by sending a show-cause notice to Al-Falah University after troubling claims tie the university to the recent Red Fort terror attack. This notice raises critical questions regarding the university's minority status, urging officials to clarify why it should remain unaltered.

21 Nov 2025 11:47 pm
Thanksgiving day 2025: Stores and restaurants in Wooster whats open and closed

Thanksgiving store hours in 2025 are different, and many big stores will stay closed for the holiday. Only a few places will open for short hours, mainly for last-minute needs. Some restaurants will also open with limited service. People are advised to check timings early and plan their Thanksgiving shopping ahead to avoid problems.

21 Nov 2025 11:47 pm
Seconds into low-level roll, Tejas crashes at Dubai show; pilot killed

A Tejas fighter jet crashed at the Dubai air show. The pilot died in the incident. This is the first fatal crash of the Tejas aircraft. An inquiry has been ordered to determine the cause. Firefighters responded quickly. No ground injuries were reported. The Indian Air Force expressed regret over the loss of life.

21 Nov 2025 11:47 pm
Stop public bickering: Randeep Singh Surjewala to Karnataka leaders and MLAs

This comes even as the Congress central leadership faces the mounting demand for a change of the CM to honour the rotational chief ministerial formula, and equally determined resistance to it.

21 Nov 2025 11:42 pm
Ben Baders cause of death revealed: Social media influencers autopsy and toxicology report disclose shocking reasons behind his extremely sudden death; heres what we know

Social media influencer Ben Bader, 25, died on October 23, 2025. He died from multiple reasons, and his death was dubbed natural. He was found unresponsive at a Florida community gymnasium after using a treadmill. A toxicology report detected codeine in his urine but ruled it did not contribute to his death.

21 Nov 2025 11:41 pm
I travel 100+ days a year, work from home: Ankur Warikoo reveals his real wealth, and it is not about buying things

Ankur Warikoos recent LinkedIn post challenges traditional ideas of wealth by framing money as a tool for freedom rather than consumption. Responding to an online prompt, he described richness through lifestyle choices such as travelling over 100 days a year, working from home and having time for family and personal growth. Warikoo reflected on shifting from chasing money in his twenties to valuing autonomy, arguing that true wealth lies in the ability to design ones life on ones own terms.

21 Nov 2025 11:41 pm
Tejas gear disrupting network in Rajasthan, alleges Bharti Airtel

Bharti Airtel has lodged a complaint against Tejas Networks. Airtel alleges that Tejas' equipment is causing interference with its network in Rajasthan. This issue has been ongoing since last December. Airtel claims the problem stems from Tejas' radio equipment and filter design not aligning with India's frequency plan.

21 Nov 2025 11:40 pm
Social Security payment boost for 2026 confirmed: New monthly amounts for retirees, spouses, survivors, and disabled beneficiaries explained

Social Security increase 2026 is officially locked in and the new payment numbers are bigger than expected. A 2.8% COLA boost will raise benefits for 75 million Americans starting January 2026, with SSI increases arriving December 31, 2025. The average retiree check jumps from $2,008 to $2,064, while spouses rise to $981, survivors to $1,619, and disabled workers to $1,627. Notices arrive in late November online and December by mail. The 2026 earnings limit increases to $24,480 and $65,160, let

21 Nov 2025 11:36 pm