The Economic Times
Elections 2026Global Business / The Economic Times
'5,000 without power': DeSantis rolls out $27M in recovery aid as Florida batters with Isaias
'I'm the Vice President, not James Talarico': Vance 'humiliates' Texas Dem candidate over sexuality
A tanker and a container ship were struck by projectiles of unknown origin in the Strait of Hormuz. This incident occurred while Iran has been asserting control over the waterway, blocking transit since the onset of the war. An investigation into the attacks is underway, but there has been no information on damage or casualties. Following US and Israeli strikes against Tehran, tensions have escalated in the region significantly.
A jury ruled that the Society for Human Resource Management, or SHRM, failed to accommodate a job applicant. Plaintiff Fiona Torres claimed SHRM revoked her job offer due to her need for a medical service dog. The jury awarded Torres $400,000 in compensatory damages for violations of the Americans with Disabilities Act. SHRM plans to appeal the verdict while asserting their offered alternatives for Torres were adequate.
Iran's warning raises concerns about the vulnerability of Gulf data centres and digital infrastructure to potential attacks. Recent escalations have already disrupted Amazon Web Services facilities in the UAE and Bahrain, highlighting the risk. The Gulf has invested significantly in emerging technologies, making security a critical focus for governments and companies. Developing alternative routes for connectivity will be essential to mitigate these threats.
The IMF's latest stress test examined how banks would cope with an AI crash, soaring government bond yields and an economic slowdown. Under this scenario, 22% of global banking assets would be held in 110 weak lenders, whose core capital ratio would fall below 7%, or a higher threshold for the world's most complex banks.
Loud booms were heard near Saudi Aramco's headquarters in Dhahran, prompting an evacuation of the area. Reports indicated that smoke was observed coming from the headquarters, raising concerns. Following this, the Saudi civil defense issued a warning about potential danger in Riyadh. Subsequently, a loud boom was also reported in the capital city. No official statements have yet been released regarding the situation or the cause of the noise.
The National Federation of Independent Business index slipped 0.8 point to 97.9, according to data released on Tuesday. Six of the 10 components that make up the gauge declined, while three rose and one held steady. The net share of owners who expect business conditions to improve declined 4 percentage points to a four-month low of 6%. Persistent price pressures continue to weigh on small businesses as conflicts in West Asia and Europe keep energy costs high.
Home sales rose 1.5% last month to a seasonally adjusted annual rate of 3.99 million units, the National Association of Realtors said on Tuesday. Economists polled by Reuters had forecast home resales would decline to a rate of 3.95 million units.
When I moved to China: Katie Zacharias bizarre reply to Journos bar exam question stuns Trump?
Tarique Rahman's adviser issued a warning concerning legal repercussions for supporters of Awami League who heckled Muhammad Yunus. Yunus, recently facing criticism over a measles outbreak, was targeted by aggressive protestors while arriving in New York. Supporters yelled accusations of terrorism and questioned his presence in the US. The incident occurred after Yunus canceled his attendance at a significant WHO conference for health reasons.
Six Flags temporarily closed nine roller coasters across various parks due to a recent fatal incident. The incident at Six Flags Over Georgia resulted in one fatality and several injuries, prompting investigations. Local authorities are currently looking into the circumstances surrounding the incident, which has saddened the community. Similar attractions were shut down as a precaution while further assessments take place.
Apple is set to launch HomeView, a new smart hub designed to enhance personal experiences in homes. The device can recognize up to six users' faces and display tailored information accordingly. HomeView incorporates Siri AI to assist with various tasks and control smart home devices conveniently. Pre-orders will begin soon, with sales expected to start on November 13, indicating a growing focus on connected home products.
Google has introduced Gemini 4 Argon, an advanced AI model tailored for tackling intricate, real-world challenges. Developers can access this model through the API integrated within the AI Studio and Gemini platform. Various businesses have leveraged Argon to enhance productivity across areas such as coding, finance, legal affairs, and cybersecurity.
Saudi Arabia has invested significantly in defense, spending approximately $83 billion in 2025. Houthi rebels have increasingly targeted critical infrastructure, including airports and oil facilities. The complexity of defending against missiles and drones poses a significant challenge for Saudi air defenses. Recent attack patterns have raised concerns about the effectiveness of current military capabilities.
She wasnt my family: Trump confirms WH asked Kimberly Guilfoyle to resign as Envoy to Greecev
I looked at his a** & at the whole: Trumps bizarre Jon Husted compliment cracks up Ohio crowd
US President Donald Trump issued a warning to Yemen's Houthi rebels regarding their recent attacks on Saudi Arabia. He accused the rebels of attempting to manipulate oil prices ahead of the upcoming US elections. Trump indicated that the Houthis had remained dormant until recently but have now become aggressive. Additionally, he suggested that Iran might be supporting their actions.
Meta CEO Mark Zuckerberg and his wife Priscilla Chan acquired Strancally Castle in County Waterford for 51 million. The castle, built in 1830, spans approximately 16,000 square feet and was restored by previous owners. Following the purchase, they donated 150,000 to three Gaelic Athletic Association clubs in the area. Local representatives expressed hope that the high-profile ownership will benefit the community.
The SS United States, once a majestic passenger liner, is set to embark on a unique destiny as it plans to be intentionally sunk in November 2026. This transition will create the largest artificial reef off Florida's coast, providing a crucial habitat for marine life. Acquired by Okaloosa County, Florida, the ship's new ecological role follows years of ownership changes after ceasing operations in 1969.
A research team has reached Nikumaroro to investigate the Taraia Object, which may relate to Amelia Earhart's disappearance. They will employ various methods, including sonar and magnetometers, to examine the submerged object. The expedition faces challenges from changing ocean conditions and local wildlife, particularly giant coconut crabs. Previous theories suggested Earhart may have crashed near the island or survived as a castaway after her disappearance.
'They throw you off the top': Trump rips into 'gays for Palestine' at Ohio rally | Midterm elections
'Set the record straight!': Abduls alleged Muslim Brotherhood family links surface after NBC denial
White House Press Secretary Katie Zacharia, a conservative commentator who most recently worked for President Donald Trumps social media company, was named to the job on Friday, succeeding Karoline Leavitt.
Kimberly Guilfoyle was asked to resign from her position as US ambassador to Greece following misconduct allegations. Reports suggest that she requested $100,000 from a donor to pay a credit card bill. Additionally, there are allegations about her involvement with Greek businesses funding luxury trips. The State Department inspector generals office is investigating her conduct during the time.
Lansing is considering implementing the Bubble Barrier technology, initially developed in Amsterdam, to address plastic pollution. This innovative system uses air bubbles to direct plastic waste towards collection points in waterways. Installation in the Grand River aims to prevent waste from reaching the Great Lakes. Local researchers are studying the ecological impact and effectiveness of the system before installation. Community engagement and ongoing maintenance are crucial for the project's
Apple HomeView launch was accompanied by updates to its HomePod smart speaker and Apple TV devices. It also introduced a range of accessories, including doorbells, cameras and thermostats, made by LG and Schneider Electric and designed with help from Apple.
A Bengaluru court granted an injunction to Siddaramaiah, restraining media from publishing videos linking him to a honey trap. He claims these allegations are intended to tarnish his reputation and character for political reasons. Siddaramaiah has stated he has no connection to the alleged sting operation circulating on social media. He supports freedom of expression but sought legal action due to misuse by certain media sections.
RJ Mitte, the actor renowned for playing Walter White Jr. in Breaking Bad, has passed away at age 34. He was diagnosed with cerebral palsy and worked tirelessly to challenge stereotypes surrounding disabilities. Mitte served as an ambassador for organizations promoting disability awareness and inclusion, utilizing his platform to advocate for better representation. His sudden death is under investigation, with no signs of foul play at this time.
Matthew McConaughey spent almost two months alone in the desert to reflect on his life and career. He took a book of reviews from critics covering two decades of his acting performances. While reading, he distinguished between constructive criticism and personal attacks from detractors. McConaughey acknowledged both valid criticisms and the existence of negative reviews stemming from dislike.
As Democrats strategize for the upcoming 2026 midterm elections, they are carefully selecting national figures. Candidates in competitive districts are weighing the advantages and risks of high-profile endorsements. Prominent figures like Kamala Harris, Alexandria Ocasio-Cortez, and Pete Buttigieg are being considered differently across various campaigns. Some local candidates prefer to focus on community issues over national figures.
The federal government stopped issuing paper checks for most payments on September 30, 2025. Social Security recipients still receiving checks should arrange electronic payments. Direct deposit is one option, while the Direct Express card helps people without bank accounts receive benefits. Those already paid electronically generally need no changes. Before the next payment, confirm your payment method with the relevant agency.
Police cordoned off Nuremberg airport in southern Germany and launched an investigation before the commercial plane landed safely from the Greek island of Corfu and authorities issued an all-clear, the agency reported.
Mike D'Antoni, the former Los Angeles Lakers coach, bought a home in Manhattan Beach for $6.9 million. He sold this property two years later for $9.5 million, earning nearly $2.6 million in profit. The housing market during this time was steadily growing, though D'Antoni's home appreciated at a much higher rate. Coastal areas like Manhattan Beach have seen increased demand from cash buyers for luxury real estate.
Elon Musk, previously intending to reduce political spending, has emerged as a major Republican donor. His $366 million contributions are aimed at crucial midterm elections, emphasizing his evolving political involvement. Funding includes significant amounts to super PACs supporting Republican candidates in key races. This financial support could influence both congressional majorities and future scrutiny of Musk's business dealings.
Social Security COLA 2027: Retirees are just one day away from finding out what their next check will look like. Tomorrow, October 14, the Social Security Administration will announce the official cost-of-living adjustment, or COLA, for 2027. Until that announcement drops, everyone is watching one final piece of the economic puzzle, that is, September inflation.

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