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The Economic Times

Global Business / The Economic Times

US hits Cuba with new sanctions as island's crises multiply

The United States has imposed new sanctions on Cuba, targeting its oil industry and individuals. These measures aim to further strain the island's already struggling economy. Cuba's government condemned the sanctions, calling them collective punishment and genocide. Cuban citizens are experiencing prolonged power outages and water shortages due to the crisis. The US states its commitment to a free Cuba, while Cuba calls for an end to the blockade.

4 Sep 2026 10:59 am
Families of US nationals write to Rubio seeking help to trace missing relatives in Nepal

American families have urged Secretary of State Marco Rubio to expand Nepal flood rescue operations. Ninety US nationals remain unaccounted for after devastating flash floods struck northern Nepal. Relatives requested enhanced search efforts, including high-altitude aircraft and satellite imagery. They also asked for coordination with China and other nations for information. The death toll in Nepal has risen to 1,282 with thousands still missing.

4 Sep 2026 10:27 am
Lululemon cuts outlook again, highlighting to-do list for new CEO

Lululemon shares tumbled about 18% after the athleisure company cut its full-year outlook again and missed quarterly sales estimates. Sales in the Americas fell 8%, while leggings declined about 20%, adding pressure on incoming CEO Heidi ONeill to revive the brand.

4 Sep 2026 10:07 am
Quote of the day by John Malkovich: 'Nothing you do particularly matters. But I'm not sure that's a great excuse for doing...' - The powerful life lesson from the acclaimed American actor about effort, excellence and why giving your best still matters

Quote of the day by John Malkovich: John Malkovich is a recognizable performer known for his unique voice and presence. He began his career with Chicago's Steppenwolf Theatre Company before Hollywood success. Malkovich earned Oscar nominations for his roles in 'Places in the Heart' and 'In the Line of Fire'. His filmography spans various genres, showcasing his remarkable range and willingness to take risks. The actor's philosophy emphasizes doing things well regardless of their ultimate importan

4 Sep 2026 9:20 am
In blow to Trump, Missouri top court blocks Republican-drawn congressional map

The Missouri Supreme Court on Thursday blocked a Republican-backed congressional map from taking effect in Novembers midterm elections, potentially preserving Democratic Representative Emanuel Cleavers Kansas City-area seat. The unanimous ruling requires voters to approve the map in a referendum, dealing a setback to Republicans seeking to protect their narrow House majority.

4 Sep 2026 9:14 am
Trump says Spain will be a ruined country after Cueta migrant crisis, renews attack over NATO

US President Donald Trump warned Spain would become a ruined country. He criticized Madrid's NATO defense spending and its handling of the Ceuta migrant crisis. Trump stated Spain does not pay what it should for NATO commitments. He described the mass migrant arrivals as very sad to witness. The president previously blamed weak laws and mismanagement for the situation.

4 Sep 2026 8:59 am
Trump hit pause on a Great Lakes project. Then a phone call changed the odds

The Trump administration abruptly lifted a months-long stop-work order on the Brandon Road Interbasin Project, aimed at preventing invasive carp from reaching the Great Lakes, hours after Michigan Governor Gretchen Whitmer spoke with President Donald Trump.

4 Sep 2026 8:54 am
Nepal floods cause at least $2.56 billion in property, infrastructure damage

Nepal's recent catastrophic floods caused extensive damage to property and infrastructure. The estimated cost of this destruction reached at least $2.56 billion. Early recovery efforts will require approximately $52.6 million for essential services. These funds will rebuild roads and provide temporary shelters for affected populations. Drinking water and electricity restoration are also key priorities for the nation.

4 Sep 2026 8:35 am
Nepal flood rescue: WhatsApp group of engineers guides search for survivors in buried hydropower tunnels

Experts use a WhatsApp group to guide rescue workers searching devastated hydropower plant tunnels. They seek survivors trapped inside tunnels after a massive flash flood devastated the valley. Engineers share layout drawings and tunnel access details to aid the difficult search operations. Rescue teams are trying to reach trapped individuals in various power plant locations. Family members anxiously await news of their missing loved ones after the disaster.

4 Sep 2026 8:20 am
Elon Musks America PAC spends over $800,000 to boost Republicans in key Senate races

Elon Musk's America PAC spent over $800,000 on Republican candidates recently. This funding supported campaign materials for close midterm election races. Texas Attorney General Ken Paxton received significant financial backing from the PAC. Senator Susan Collins and Senator Jon Husted also benefited from this spending. The PAC's actions aim to influence voter turnout in key battleground states.

4 Sep 2026 8:14 am
Gloria Steinems final memoir looks back on feminism, India and a life of change

Gloria Steinem's memoir An Unexpected Life explores her childhood and feminist activism. She shared reflections on aging with gratitude and optimism for the future. Her time in India significantly shaped her worldview and understanding of diverse cultures. Steinem emphasized the power of informal conversations for genuine human connection. The book revisits her influential role in the second-wave feminist movement.

4 Sep 2026 8:09 am
Quote of the Day by Hugh Jackman: 'Giving people a hand up, not a...' How true empowerment creates lasting impact and dignity

Genuine support is about enabling people to achieve long-term independence and self-sufficiency. Hugh Jackman highlights the importance of offering a hand up rather than merely a handout. This mindset not only enhances individuals' capabilities but also nurtures resilience among those encountering difficulties. It emphasizes the transition from short-term aid to lasting opportunities and personal development, shaping a more impactful approach to philanthropy and everyday connections.

4 Sep 2026 7:55 am
Oil Price Today (September 4): Crude oil at $96, set for a 7% weekly surge as Iran, US exchange attacks. Whats next?

The latest US attacks, which killed and wounded dozens of people, including Iranian civilians, have resulted in the most intense clashes between the two countries since July. The conflict, which began with US-Israeli strikes at the end of February, has now entered its seventh month.

4 Sep 2026 7:42 am
Khosla family completes $9.612 billion purchase of Super Bowl champion Seattle Seahawks

The Khosla family has officially purchased the Seattle Seahawks for $9.612 billion. NFL owners approved the sale, and the Seahawks announced the deal's closing. Vinod Khosla will serve as chair, with his wife and son also taking key roles. This significant transaction follows the wishes of the late Paul Allen. The deal makes the Seahawks one of the most valuable sports franchises ever sold.

4 Sep 2026 7:39 am
Oil set for steepest weekly gain since mid-July over intensifying US-Iran tensions

Oil prices are on the rise, driven by escalating supply risks in the Middle East. The renewed hostilities between the U.S. and Iran have heightened fears regarding regional stability, resulting in violent confrontations. Concurrently, Russian President Putin is advocating for a peaceful resolution in Ukraine. Meanwhile, Iran is actively adding to its inventory of non-compliant vessels in the strategically crucial Strait of Hormuz.

4 Sep 2026 7:36 am
Gold steady before US payrolls data, heads for small weekly gain

Gold prices exhibited stability on Friday, as key US employment figures were expected to provide clarity on forthcoming Federal Reserve interest rate actions. Market speculation suggests a fifty percent chance of a rate adjustment soon. Concurrently, silver, platinum, and palladium faced minor dips, while the European Central Bank is gearing up for another rate hike shortly.

4 Sep 2026 7:31 am
Trump asks Supreme Court to allow tighter mail-ballot rules before midterms

The Trump administration is asking the Supreme Court to enforce a new postal service rule. This regulation tightens standards for mail-in ballot delivery ahead of elections. A judge had previously blocked the rule, citing potential disruption to legitimate votes. The Justice Department seeks to lift the temporary injunction preventing enforcement. This action follows previous legal challenges to the directive on mail-in ballots.

4 Sep 2026 7:27 am
BASF accuses Apple of infringing patents behind Face ID technology

BASF has filed a lawsuit against Apple, accusing the tech giant of patent infringement. The complaint alleges Apple's facial recognition technology violates seven trinamiX patents. BASF claims Apple incorporated this technology into several iPhone and iPad models. The company seeks unspecified damages and an injunction against further infringement. This dispute centers on technology developed over the past decade by BASF's unit.

4 Sep 2026 7:16 am
Trump doubles down on sanctions, military pressure as Iran refuses to yield

The Trump administration employs economic pressure and military threats against Iran. Iran's government has refused to yield to these intense measures. New sanctions face challenges with major trading partners like China. The Strait of Hormuz remains a key point of contention and risk. Both nations face domestic pressures influencing their current stance.

4 Sep 2026 7:06 am
South Korea prepares Hormuz military deployment, media reports say

South Korea is considering deploying military assets to support freedom of navigation in the Strait of Hormuz before the end of 2026, according to local media. Options reportedly include a maritime patrol aircraft, logistics vessel or mine-clearing unit, while Seoul says discussions are ongoing and no deployment decision has been finalised.

4 Sep 2026 6:59 am
Volkswagen to cut 100,000 jobs by end of decade in biggest restructuring in global auto industry

Volkswagen has approved plans to cut 100,000 jobs by the end of the decade, marking the biggest restructuring in the global auto industry. The automaker, hit by US tariffs, weak EV demand and Chinese competition, will also review the future of four German plants, though no closures have been approved.

4 Sep 2026 6:34 am
Scientists may have found a major reason why we age after uncovering a hidden immune system breakdown

Aging research: New research reveals aging impairs immune cell cleanup functions. Senescent neutrophils accumulate, contributing to harmful inflammation in the body. Blocking a specific receptor called EP2 restored youthful immune cell activity. Older mice without EP2 showed improved physical fitness and memory.

4 Sep 2026 2:24 am
3 zodiac signs may make important financial shifts on September 4, 2026, as Lilith direct encourages confidence, action and smarter money decisions

On September 4, 2026, Taurus, Leo, and Aquarius will make significant financial decisions. Lilith moving direct encourages these signs to take control of their money. Taurus will shift from worrying to practical financial planning and action. Leo will regain confidence through a new idea to improve their finances. Aquarius will decisively seize emerging financial opportunities for future security.

4 Sep 2026 2:04 am
In 2020, American Rivers removed the Middle Fork Nooksack dam after 50 years of blocking fish in Washington. 2 years later, the river reopened 16 miles of habitat for Chinook salmon and trout

Middle Fork Nooksack salmon habitat: A dam built in 1961 was removed in 2020, restoring river access. This action reopened sixteen miles of vital habitat for salmon and trout. The Nooksack Tribe and Lummi Nation advocated for this important fish passage. The City of Bellingham maintained its water supply by moving its diversion point.

4 Sep 2026 1:26 am
4 zodiac signs could experience a lucky shift on September 4, 2026. These signs may find abundance by following different paths to success

September 4, 2026, could be a noteworthy day for four zodiac signs seeking good fortune. For Aries, prioritizing self-care and active engagement will replenish their energy. Taurus should delve into their true interests, paving the way to their goals. Gemini's luck lies in recognizing and being thankful for their current gifts, while Virgo will thrive by trusting their sharp instincts regarding significant specifics.

4 Sep 2026 1:24 am
Quote of the day by Enid Blyton: The best way to treat an obstacle is to use it as a... Timeless life lessons from an inspiring quote on struggle, resilience, failure, perspective, optimism, perseverance and personal growth from literatures most beloved storyteller

Quote of the day by Enid Blyton examines how reframing hardship as a stepping stone converts personal setbacks into opportunities for growth. This mindset applies directly to everyday experiences, from navigating career failures and uncertainty to handling interpersonal conflict. Ultimately, the article explores key lessons on cultivating resilience, adjusting perspective under pressure, and practicing acceptance during difficult moments.

4 Sep 2026 1:22 am
Quote of the day by Mark Wahlberg: 'As far as Im concerned, theres no job more important on the planet than being a mom.' Life lessons from motivational quote on selflessness, dedication, unconditional love, hard work, strong character and success

Quote of the day by Mark Wahlberg focuses on his view of motherhood, family, sacrifice and parenting. His words point to the work mothers do while raising children and building their character. The quote also connects success with family, responsibility, dedication and the values people pass to the next generation.

4 Sep 2026 1:17 am
Nepal floods: Death toll hits 1,259, over 5,000 missing

Nepal's flash flood death toll has reached 1,259, with over 5,000 people still missing. Residents are performing funeral rites for missing relatives as hopes diminish. The foreign minister described the event as a Himalayan Tsunami and thanked international supporters. Schoolchildren are donating pocket money to the Prime Minister's Relief Fund. Indian and Nepali teams continue rescue operations under difficult conditions.

4 Sep 2026 12:58 am
In 2021, Washington's Skagit River System Cooperative installed an 80-foot bridge over the Lucas channel. 5 years later, the project has helped reconnect fish habitat across the floodplain

A restoration project in Washingtons Barnaby Reach has focused on improving floodplain connectivity and fish passage by removing infrastructure at Barnaby Slough. The first phase included extensive dike and flow control structure removal, demolition of unused hatchery facilities, removal of five wells, decommissioning of a culvert, installation of an 80-foot pedestrian bridge over the Lucas connector channel, and relocation of a recreational parking area. The Skagit River System Cooperative, Dep

4 Sep 2026 12:55 am
On September 4, 2026, Cancer, Scorpio and Capricorn may finally release what has been draining them as Pluto retrograde encourages a powerful change in direction

On September 4, 2026, Plutos retrograde encourages three zodiac signs to navigate through challenging times. Cancer prioritizes self-care by filtering out harmful influences. Scorpio recognizes the futility of certain endeavors and reclaims their power. Capricorn decides it's time to seize the moment instead of waiting for life to happen. Together, these signs will shed what weighs them down, paving the way for fresh possibilities and growth.

4 Sep 2026 12:41 am
In 1997, US Army began Maryland's oyster restoration partnership in Chesapeake Bay. 24 years later, about 600 acres of new oyster bars had been created across Maryland

Maryland partnership formally began with the project cooperation agreement executed in February 1997. Restoration sites eventually included Kedges Strait and Eastern Bay, as well as portions of the Chester, Choptank, Magothy, Patuxent, Severn and Tred Avon rivers.

4 Sep 2026 12:40 am
In 1824, an English engineer invented the first working electromagnet laying the foundation for modern electrical engineering

In 1824, an English engineer invented the first working electromagnet laying the foundation for modern electrical engineering. William Sturgeon developed an electromagnet that could be switched on and off using an electric current. His horseshoe-shaped iron core could lift several times its own weight and helped establish the link between electricity and controlled mechanical force.

4 Sep 2026 12:36 am
'We are not democratic socialists': McClintock fires back at SCOTUS' birthright citizenship ruling

'We are not democratic socialists': McClintock fires back at SCOTUS' birthright citizenship ruling

4 Sep 2026 12:33 am
For 35 years, Dolly Partons Tennessee theme park was home to bald eagles. Now theyre moving

Following a severe storm, Dollywood's Eagle Mountain Sanctuary will be closing its doors, leading to a relocation of non-releasable bald eagles to the American Eagle Foundation's Kodak campus. This move is aimed at enhancing rehabilitation and education initiatives for the public. The dedicated partnership carries on through the captivating Birds of Prey show at Dollywood, ensuring that the sanctuary's conservation mission continues in a new setting.

4 Sep 2026 12:24 am
Mongolian proverb of the day: 'Times are not always the same; the grass is not always...' - this inspiring saying teaches life lessons on ups and downs of life, patience, why difficult times never last forever and how everything can change when you least expect it

Mongolian proverb of the day: Life's situations are constantly changing, as the proverb suggests. Difficult times will eventually pass, and good times may not last forever. Patience is essential when facing challenges and appreciating successes. Observing others should not lead to unfair comparisons of life's journeys.

4 Sep 2026 12:09 am
Psychology says people who give space and freedom to their partners aren't indifferent: What this behavior means in relationships?

Psychology says people who give space and freedom to their partners aren't indifferent or lacking love. This behavior can reflect trust, secure attachment, emotional intelligence and respect for autonomy. Giving each other room can reduce relationship stress, support personal growth and help couples maintain individual identities while building a life together. Understanding this behavior can also explain why healthy boundaries can support closeness.

4 Sep 2026 12:08 am
In 2006, Kentucky identified nutrient problems along 12.8 miles of Fleming Creek. 18 years later, monitoring showed the stream could fully support its aquatic life

Fleming Creek in northeast Kentucky has moved from nutrient-related impairment to full support for its warm water aquatic habitat designated use following years of monitoring, watershed planning and agricultural conservation. The Kentucky Division of Water listed miles 0.012.8 as impaired in the 2006 Integrated Report after monitoring identified elevated nitrate/nitrite and Total Kjeldahl Nitrogen, along with a fair fish community. Conservation projects supported through the CWA Section 319 Prog

4 Sep 2026 12:06 am
Quote of the day by Adele: Ive learned that you have to be brave and afraid at the same time. Life isn't about... Life lessons from an inspiring quote on courage, vulnerability, self-acceptance, emotional honesty, forgiveness, resilience, personal growth and finding strength while facing fear from the Grammy-winning singer

Quote of the day by Adele examines the balance between fear and courage, proposing that true growth requires accepting vulnerability rather than striving for invincibility. In daily life, this mindset provides a realistic anchor when navigating personal regret, career uncertainty, and self-doubt. Ultimately, the article outlines key lessons in self-forgiveness, emotional resilience, and showing up honestly through life's transitions.

3 Sep 2026 11:53 pm
Lithuanian Proverb of the Day: 'Offer the lazy man an egg, and hell want you to..'-A humorous Lithuanian saying offers a sharp lesson about laziness and personal responsibility

Lithuanian Proverb of the Day: A Lithuanian proverb humorously illustrates extreme laziness and dependence. It warns against expecting others to perform even simple tasks for us. This wisdom remains relevant as habits of avoidance can become ingrained. Small efforts build responsibility, while help should not foster constant dependence. Recognizing personal responsibilities is key to avoiding undue reliance on others.

3 Sep 2026 11:52 pm
Are you born with your personality? Scientists have uncovered genetic clues to the traits that may shape who you become

New research reveals genetic variants influence personality traits like extraversion and conscientiousness. These genetic associations are spread across the genome and have small individual effects. Personality develops through a combination of genetics, family, and life experiences. The study found genetic links between personality and health outcomes like substance use. Understanding personality requires considering both biology and environmental influences.

3 Sep 2026 11:43 pm
Quote of the day by Sandra Bullock: Therapy is washing of the brain. Youre willing to get a facial. Wash the brain. Take it out, clean it. What doesnt belong there, throw it away Her powerful life lesson on letting go, healing and making space for a healthier mind

Sandra Bullocks quote of the day Therapy is washing of the brain. Youre willing to get a facial. Wash the brain. Take it out, clean it. What doesnt belong there, throw it away offers a perspective on mental well-being, encouraging people to clear away emotional baggage. This quote of the day explores the life lesson behind her comparison between caring for your appearance and caring for your mind.

3 Sep 2026 11:27 pm
In 2024, Agiro planted 580 trees and shrubs at a former waste site in Quebec City. Today, surveys have found more than 160 plant species and 50 bird species are thriving around the recovering site

Agiro is restoring a former 1.8-hectare construction waste disposal site at the foot of Mont-Brillant in Quebec Citys Saint-Charles River watershed. The project combines soil regeneration, native planting, habitat creation, invasive species management and community participation to support ecological recovery. A total of 580 trees and shrubs representing 24 species have been planted, alongside perennial seeding. A community bioblitz identified more than 160 plant species, nine amphibian species

3 Sep 2026 11:21 pm