The Economic Times

US bond Yields have dropped in recent days, as concerns about a slowdown in AI spending and its impact on economic growth have overshadowed economic data, which showed persistent inflation pressures.

US Stock Market today: Chipmakers Western Digital, Intel, ADM , Sandisk, and Marvell all posted steep percentage losses amid the broader semiconductor selloff.

Donald Trump and LeBron James have been critical of each another for years, occasionally trading public swipes.

Tom Skerritt, the Emmy-winning actor who embodied a solid, wry authority figure, whether as a flight instructor in Top Gun, a tough-but-fair sheriff on TV's Picket Fences or the doomed captain of Alien, has died.

Flight interruptions have gripped the United States as severe weather affects several key airports. Gusty winds in Boston and New York have led to extensive delays, while thunderstorms in Phoenix and downpours in California have caused further operational chaos. Travelers are strongly urged to verify their flight statuses and review cancellation policies with their airlines.

The move follows a flurry of attacks by Yemen's Houthis on infrastructure. Commercial storage available through partners is limited. The larger capacity lies in what we call strategic storage owned by governments, Nasser said in an interview.

Saudi state oil company Aramco has told staff to evacuate its headquarters in Dhahran on the Gulf, six people with knowledge of the matter said on Thursday, as fighting between the world's largest crude exporter and Yemen's Iran-aligned Houthis intensifies.The US ordered the departure of some diplomats and their families from Saudi Arabia due to the threat from Houthi militants, after the Iran-backed group carried out deadly strikes from Yemen.Clashes between the Houthis and a Saudi-led coalitio

Addressing a rally in South Carolina on Wednesday, Trump appeared to suggest that his move to rename Lake Ontario as Lake America had encouraged him to consider renaming the Pacific or Atlantic Ocean.

Global concerns over AI spending had accelerated after America-based cloud-computing provider CoreWeave Inc.'s bonds fell to levels associated with distress, exposing financing risks across the industry.

President Trumps $10 billion defamation lawsuit against the BBC is encountering increased legal scrutiny. A federal judge has raised concerns over the efforts made by Trumps legal team to gather evidence. The court has ordered Trump to prepare for a deposition by December 11, in addition to supporting the BBCs subpoena for Mar-a-Lago membership records. The lawsuit addresses claims regarding a BBC documentary that allegedly misrepresented Trumps January 6 speech.

Representatives from 196 countries are meeting in Yerevan to evaluate biodiversity progress under the 2030 targets. The Kunming-Montreal Global Biodiversity Framework aims to restore ecosystems and phase out harmful subsidies. India's national report highlights progress with key wildlife species, despite challenges in land degradation and protected areas. The report shows India's successful ecosystem restoration and involvement in biodiversity-inclusive planning.

The government is looking to revamp GST return forms to minimise discrepancies between reported sales and tax payments. Draft forms will be available for public feedback starting November 1 and the changes take effect on April 1, 2027.

Even as SEC paused the process, YSRCP alleged that the ruling TDP cadres continued to attack and intimidate its candidates for the second consecutive day. The Opposition party released videos of several places and alleged that the modus operandi had been to not allow senior YSRCP leaders to accompany candidates to nomination centres and then snatch the nomination papers to prevent them from filing.

Piyush Goyal expressed concerns over the EU's carbon tax and numerous regulations impacting their steel industry. He warned that these measures could lead to increased costs and decreased competitiveness for EU businesses. Goyal highlighted that the high import duties and standards could harm the economy and raise the cost of living. He mentioned the reciprocal nature of trade regulations in response to the EU's actions.

Beginning on November 20, Airbnb is rolling out updated guidelines to enhance cleanliness expectations for guests. Hosts can no longer impose extensive cleaning responsibilities, permitting only simple tasks. A new feature in the app aims to clarify house rules and host requests for better guest comprehension. If guests encounter unreasonable demands, they can report them. It's important for travelers to check house rules and total expenses before confirming their bookings.

The award came just days after the Trump administration announced sweeping new sanctions on the court, which is based in The Hague, Netherlands, as part of its campaign to dismantle the tribunal over investigations into the United States and its allies, including Israel.

Macron acknowledged planning failings and elements of surprise last Saturday, when protests drew more than half a million people and degenerated into vandalism. Rioters attacked public buildings and looted stores in cities. Macron blamed seditious acts led by organised ultra-left groups that seek to bring down the republic, alongside acts of delinquency.

Mark Zuckerberg has threatened to leave California if the state introduces a proposed 5% billionaire wealth tax. In response, Meta has approved a new class of nonvoting Class C shares that would allow the Facebook co-founder to raise money to pay a potential tax bill without losing control of the company. The new stock arrangement also comes with an eight-year commitment from Zuckerberg to remain a California resident.

IPO at US Stock Market: With the 30-year Treasury yield sitting at near two-decade highs, the surging cost of capital has dramatically altered the risk appetite of prospective issuers. This shift has effectively chilled the IPO window over the past two months.

A recent clinical trial involving older adults found no cognitive improvements from high-dose DHA supplements. Researchers confirmed that the DHA reached the brain but did not enhance memory. Participants demonstrated no significant cognitive benefits after two years of supplementation. The study raises questions about the effectiveness of fish oil supplements for preventing Alzheimers disease. Overall health and dietary habits remain crucial for maintaining brain health in aging individuals.

Anand Nadathur, inheritor of a huge fortune in India, has reduced the asking price of his opulent Surrey property from 19.5 million to 15 million. This adjustment is indicative of the declining state of the UK's luxury real estate market. Following tax reforms unfavorable to affluent expatriates, Nadathur relocated to Singapore, mirroring a trend of wealthy individuals distancing themselves from Britain.

There were no immediate reports of casualties or damage following the quake, which hit Baqen County of Nagqu City around 10.33 PM local time. The epicentre was monitored at 32.40 degrees north latitude and 93.79 degrees east longitude.

In a significant move towards ethical considerations, Glasgow's Kelvingrove Art Gallery and Museum has taken ancient Egyptian mummies off public view, guided by a draft Human Remains Policy that prioritizes respect and consent. Among the mummies now removed are notable artifacts, including a male head and the remains of a priest known as Nekt.

US Midterm elections typically favor the party out of power in Washington. With Republicans in control of both chambers of Congress and the White House, it's a distinctly different environment than 2022, when Democrats were in charge.

In an ambitious move, Elon Musk is contemplating merging Tesla with SpaceX, a deal poised at roughly $3.5 trillion. Public sentiment appears favorable, yet no official contract has been signed. Teams of independent evaluators will scrutinize the merger plan to assure shareholder fairness. Should this merge succeed, it could significantly enhance Musk's sway in business decisions, though regulatory obstacles and shareholder needs could complicate the pathway ahead.

Michael and Susan Dells luxurious Boston penthouse, purchased for $10.9 million in 2016, is heading to a sealed-bid auction with a minimum reserve price of $6.5 million. Inspired by the 1968 film The Thomas Crown Affair, the couple has never lived in the penthouse, and its kitchen oven reportedly has not been used in a decade.

As the quest for a new White House press secretary begins, potential names surface including Scott Jennings, Danielle Alvarez, and Maria Bartiromo, who are currently leading the discussion. Anna Kelly, the principal deputy press secretary, also emerges as a strong contender. Otros names such as Monica Crowley, Elizabeth Pipko, and Margo Martin contribute to the buzz, with a final decision expected post-midterm elections.

Brian Louis Sguros, a police officer, allegedly took control of Dennis West's home after his death. Investigators claim he used West's identity to facilitate renovations and obtain permits. The renovations reportedly cost over $214,000, which Sguros sought to recover through a civil complaint. The situation escalated when a real estate company claimed rightful ownership of the property. Ultimately, a criminal investigation was launched, leading to various felony charges against Sguros.

The European Commission said a flash estimate showed euro zone consumer morale decreased to -17.9 this month from a revised -16.8 in September.

Introduced to the United States in the late 1800s, Japanese hops were initially valued for their ornamental and medicinal qualities. However, they quickly transformed into invasive species that disrupt local ecosystems. Their rapid growth blocks sunlight, hindering native plants and habitats. To manage their spread effectively, ongoing strategies that focus on long-term control are essential, as their prolific seed production complicates eradication efforts.

National polling ahead of the US midterm elections indicates a Democratic lead over Republicans in congressional races. Various surveys show that dissatisfaction with the current administration is affecting voter preferences. President Trump is experiencing low approval ratings, particularly regarding his economic management. Economic concerns, particularly rising gas prices, are influencing voter sentiment as the elections approach.

Jeff Bezos has been linked to a recently sold oceanfront mansion in Golden Beach, Florida, for $69.5 million. The luxurious 17,500-square-foot property features seven bedrooms and multiple pools, among other amenities. It is situated directly on the Atlantic Ocean, enhancing its appeal to potential buyers. Major sources assert that the property was purchased by a company associated with Bezos.

Candidates in Michigan and Kansas addressed pressing issues such as rising fuel costs and immigration enforcement. As the midterm elections approach, these topics influence voters' concerns about household finances and national security. Economic arguments varied between the two states, reflecting local priorities and the candidates' positions. The outcome of these Senate races may affect control of the Senate and federal policy directions.

In Minnesota, a trial was conducted to explore the use of recycled tire rubber for enhancing roadway performance in winter. Utilizing PlusRide technology, granulated rubber was mixed into asphalt. While the results showed decent performance, the method fell short in offering better de-icing benefits. Moreover, the costs were not justified when compared to traditional asphalt.