The Economic Times
Elections 2026Global Business / The Economic Times
Elon Musk, Mark Zuckerberg, Jeff Bezos and other tech leaders could face congressional investigations as Democrats prepare to take control of Congress in 2027. Their scrutiny could focus on ties to Donald Trump, political influence, AI development, data center expansion and the industry's impact on American jobs and communities.
Marcin Kleczynski was not initially an experienced professional programmer. He taught himself coding using online communities and programming resources. He started developing malware-removal utilities to tackle infections that many antivirus products were missing. His early work included a tool that helped remove rogue security software. One of the people he connected with through an online security forum was Bruce Harrison, who later became his business partner.
Social Security taxes will take a bigger bite out of some high earners' paychecks in 2027. The taxable income limit is rising to $192,300 from $184,500, meaning another $7,800 of wages will be taxed. Workers earning above the new limit could pay up to $483.60 more next year. The increase comes as retirees are set to receive a 3.6% benefit boost.
Actor Johnny Depp has owned several expensive properties across the world, and his real estate investments have often drawn attention from people interested in his life. Over the years, the superstar has bought homes in different locations globally. The list includes luxury homes in Hollywood, estates in Europe and a private island in the Caribbean.
Nicki Minaj narrowly avoided a forced sale of her $20 million Hidden Hills mansion after paying a $503,318 court judgment on January 22, 2026. The payment came just before a judge was expected to decide whether the California property could be auctioned to recover the money owed to a former security guard.
After his death, Smith began a legal battle over his estate in Texas. She challenged the inheritance arrangements and argued that she was entitled to a share of her husband's wealth. The Texas probate proceedings did not go in her favour. The dispute then moved into federal bankruptcy proceedings in California. Smith's stepson, E. Pierce Marshall, had filed a defamation claim against her in those proceedings.
Tesla Cybertruck production: Tesla plans to wind down Cybertruck production at its Texas factory around mid-2027 as Elon Musk shifts manufacturing capacity towards the Cybercab. The decision follows years of production delays, repeated recalls, steep price increases and sales that fell short of the company's original ambitions.
US President Donald Trump referred to El-Sayed as a jihadist, evoked the September 11 attacks and deliberately misstated the candidate's name.
The November 7, 2026, horoscope suggests Jupiter in Leo could give three zodiac signs a welcome boost in confidence. For some people that could mean settling a decision theyve been putting off or speaking up about an opportunity.
Cathie Wood is buying AI stocks while Wall Street is selling them. ARK Invest purchased nearly $49 million in SpaceX and $46 million in Nvidia after Thursdays tech sell-off wiped out more than $3 trillion in US market value. But it sold $119.7 million in Broadcom and $20 million in CoreWeave. The contrasting trades raise questions about Woods AI strategy.
A major point of contention is the proposed location of the 250-foot (76-metre) structure, next to Arlington National Cemetery, the final resting place of hundreds of thousands of American service members. The giant arch would be considerably taller than the Arc de Triomphe in Paris, which inspired the design.
Qatar is acting as the chief mediator between Washington and Tehran amid intense diplomatic efforts to end the war, which is now in its ninth month. Qatari officials have been shuttling between Doha and the Iranian capital to firm up a potential deal ahead of Tuesday's US midterm elections, in which the Democrats secured a sweeping victory over Trump's Republican Party and took control of Congress.
Anthropic IPO: Anthropic's planned November IPO is facing uncertainty as Wall Street's technology sell-off and slower corporate AI spending raise questions about its $1.5 trillion valuation. Some investors are now discussing a figure closer to $1 trillion, leaving the Claude maker with a difficult decision about whether to proceed or wait for markets to stabilize.
Netflix has unveiled plans for a live action prequel series titled Other Worlds: A Stranger Things Adventure, which will delve into various characters and supernatural tales set in the 1950s. Spearheaded by co-creator Kate Trefry and director Joe Wright, this project seeks to broaden the beloved Stranger Things universe. With production slated for New Mexico, fans can anticipate its premiere in 2028 while enjoying older seasons.
The appliance has separate storage for flour and water, along with a glass container for the sourdough starter. Users load flour and water into their respective compartments and keep their starter in the glass crock. The measured quantities of flour and water are automatically dispensed by the machine. The ingredients are mixed into the starter according to the selected feeding schedule.
A police officer said that multiple witnesses reported that Ealy had threatened another individual. According to the statement, the individual approached Ealy in an attempt to calm the situation. Ealy allegedly referred to having a firearm, lunged towards the individual and repeatedly threatened to kill him. Another person at the scene reportedly corroborated the account.
TSM stock today: TSMC stock climbed more than 6% in early trading Friday after a report said the chipmaker is considering manufacturing advanced 3D DRAM chips at Nvidia's request. The potential move could expand TSMC's role in the AI hardware market as memory shortages increase competition among leading chipmakers.
Thomas Markle Sr. was taken into custody by federal agents in Florida, linked to an inquiry concerning child sexual abuse material. The investigation was prompted when his son stumbled upon unsettling images at their father's previous residence in the Philippines. Markle Jr. informed both the Philippine police and the FBI about the material.
US midterm elections results 2026: Democrats won every House district that touches the US-Mexico border which includes seats in Texas, New Mexico, Arizona and California for the first time since 2008.
Meghan Markle's father, Thomas Markle Sr., has been arrested by federal agents in Florida on charges related to child sexual abuse material, according to AP. The arrest follows reports that his son discovered a collection of such images at his former home in the Philippines and alerted local police and the FBI.
'Immigration levels again at pre-Trudeau level': Pierre Poilievre corners PM Carney in parliament
US technology layoffs have crossed 200,000 in 2026, with Google, Microsoft, Amazon and other major companies cutting jobs. But the bigger concern is whether the trend will spread to retail and financial services, where another 1.6 million job losses could push unemployment higher and raise fears of a US recession.
WoW Forever server status today: Are World of Warcraft servers down right now? World of Warcraft Forever servers went offline for scheduled maintenance on November 6, leaving players unable to log in during the game's first week. Blizzard's maintenance window ran from 8 p.m. to 9 p.m. PST on November 5 (11 p.m. to midnight ET), with login access restored at 7:59 p.m. PST. The restart came as players reported login errors, server access problems and character-phasing issues.
John D. Jay Rockefeller IV, who dedicated his life to public service, has passed away at the age of 89 in Washington. A prominent figure in West Virginia politics, he served as governor and U.S. senator for 30 years. His advocacy for healthcare and poverty alleviation led to significant achievements, including the creation of the Children's Health Insurance Program before retiring from the Senate in 2015.
Epstein files' spectre may once again come back to haunt US politics after midterm elections results.
Venus Aerospace was founded in 2020 by husband-and-wife team Sassie Duggleby and Andrew Duggleby. They established the company with an ambitious idea. It was to develop a new propulsion system that could make extremely fast passenger aircraft commercially viable. They spent several years working on the technical challenge on making the engine withstand the extreme heat generated by rotating detonation.
US stock market today: Wall Street is seeing a split recovery on Friday after Thursday's AI-led sell-off. The Nasdaq has jumped 1.02%, while the Dow Jones has fallen 0.90% and the S&P 500 gained 0.29%. Nvidia, AMD, Intel, Broadcom and Micron were among the chipmakers recording gains in early trading. Nvidia's rebound has been particularly important because of its large weight in the broader market.
Tax brackets 2027: The IRS has raised all seven federal income tax bracket thresholds for 2027 and increased the standard deduction for single, married and head-of-household filers. The changes also include higher capital gains limits, a larger Child Tax Credit and additional tax breaks for eligible seniors.
Bill Clifton, a legendary figure in bluegrass music, passed away on October 30 at the remarkable age of 95. His contributions included nearly three decades of album releases and the inception of bluegrass festivals since 1961. Clifton played a pivotal role in bringing bluegrass to international audiences in England and the Philippines. His unwavering commitment to folk traditions will resonate with countless generations to come.
US employers added 165,000 jobs last month, surpassing economists' expectations and bringing the unemployment rate down to 4.1%. The Labor Department also revised previous months' job figures upwards, indicating stronger hiring trends.
Nagare Labs was founded by Georgia Institute of Technology professors and researchers Suman Datta and Shimeng Yu. They spent years working on next-generation memory technologies. Their work involves oxide semiconductors. The company is based on research conducted at Georgia Tech and is seeking to turn its laboratory developments into a commercially viable memory product.
Adam Spatacco's SpaceX stock prediction: SpaceX stock is trying to recover after Thursdays 9.05% crash, with SPCX rising 4.89% to $129.66 in Friday premarket trading. Investors are now watching Elon Musks appearance at Baron Capitals annual conference. Investor Adam Spatacco sees a potential rally catalyst, but the question is whether Musk can offer updates that support Starlink and the companys AI growth story. Musk's appearance at the 2022 conference did not produce a positive reaction in Tesl
Japan International Cooperation Agency (JICA) has responded positively to providing a loan of around Rs 20,000 crore for the first phase of Maharashtra's Marathwada Water Grid project. The initiative will connect water-surplus dams to water-scarce areas through 3,095 km of pipelines, benefiting around one crore people across four districts.
COVID-19 vaccines generated economic benefits worth USD 60 to USD 809 for every dollar invested in their development and distribution, a global study of 173 countries has found. However, high-income countries gained more due to earlier access and faster rollouts, while delayed vaccine availability limited benefits in poorer nations.
Gold rate on Friday took a hit after pivotal factors like oil prices and inflation have impact on the bullion.
In its report released from Paris, the global money-laundering watchdog said large, fortified compounds where cyber slaves were forced to commit financial cybercrimes are being moved to apartments, houses, hotels and office floors, sometimes rebranding as legitimate outsourcing or marketing firms.
Nvidia stock rebounds 5% after 9.26% crash: Nvidia suffered its worst single-day fall since the January 2025 DeepSeek shock, with shares plunging 9.26% to $181.60 on Thursday and turning negative for 2026. The crash came as Wall Street lost nearly $3 trillion in market value. Fridays futures pointed to a partial recovery, with Nvidia rebounding in premarket trading as chip stocks attempted to recover.
The property was built in 1953 and has been owned by the same owner since the 1960s. The owner expanded the original ranch over several decades, creating a much larger house with multiple living and dining areas. The listing described the property as having an expansive collection of flexible living spaces.

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