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The Economic Times

Global Business / The Economic Times

Why US stock market crashes today? 3 reasons Dow Jones, Nasdaq and S&P 500 are in deep red as tech stocks fall across the board

Why US Stock Market Is Falling Today? US equities stumbled across the board Thursday morning, with all three major market benchmarks sliding into negative territory. The Dow Jones Industrial Average dropped 383 points, while the tech-heavy Nasdaq Composite and the S&P 500 fell 0.8% and 0.5% respectively. Oracle fell 4.95%, taking $7.16 off its share price to trade around $137.40.

24 Sep 2026 9:22 pm
Why is Javier Bardem backing a petition to remove Pink as UNICEF ambassador after Ed Sheeran tour row involving Macklemores Palestine message?

Spanish Actor Javier Bardem has backed a Change.org petition calling for Pink to be removed as a UNICEF ambassador. The singer has been facing intense backlash over her response to Macklemores pro-Palestinian comments during Ed Sheerans tour. The petition had crossed 172,000 signatures in an earlier report and later surpassed 179,000.

24 Sep 2026 9:12 pm
Hispanic Heritage month 2026: Origin, date, events and how you can participate

Hispanic Heritage Month is observed annually from September 15 to October 15 throughout the United States. This month commemorates the independence of several Latin American countries and recognizes their contributions to American society. The celebration evolved from a week-long event in 1968, initiated by Congressman George E. Brown. It was extended to a month-long observance in 1988, marking the cultural significance of Hispanic and Latino communities.

24 Sep 2026 8:57 pm
Why is Oracle stock crashing today at NYSE, Wall Street? Check reason behind ORCL share price bloodbath on Thursday

Oracle Share price today: Oracle is aiming to delay payments should the data center dubbed Project Jupiter get derailed and fail to come online in 2028 as planned, rather than exiting as the main tenant, according to the report.

24 Sep 2026 8:56 pm
In 1858, Gundlach Bundschu began a California wine legacy. 168 years later, pandemic fallout, heavy debt and a changing market have pushed the historic winery into bankruptcy

Gundlach Bundschu Winery, founded in California in 1858, has filed for Chapter 11 bankruptcy protection. The winery seeks to restructure over $37 million in debt amid significant market changes. Financial pressures arose from a 2020 acquisition and pandemic-related disruptions, impacting sales and tourism. Despite this filing, all operations, including vineyards and tasting rooms, are expected to continue.

24 Sep 2026 8:56 pm
Siemens Gamesa produced 6 recyclable wind turbine blades in Aalborg in 2021. 5 years later, the technology helped advance circular design for offshore wind power worldwide

Siemens Gamesa built six 81-meter recyclable wind turbine blades in Aalborg in 2021. They looked like ordinary blades, but the material inside was different. Their resin could later be separated from the blade, making it possible to recover materials like fiberglass and wood instead of treating the entire blade as waste.

24 Sep 2026 8:53 pm
Canada has prepared for the unthinkable: A military attack by the US

Canadian Prime Minister Mark Carney recently suggested that the possibility of a US military attack is minimal. He emphasized responsibility in assessing extreme and improbable risks while preparing for them. Carney's remarks indicate a growing mistrust in the US and a shift in Canadian defense strategy. Canada seeks to diversify its dependencies and strengthen ties with Europe amidst increasing pressures.

24 Sep 2026 8:49 pm
McDonalds is spending $8.5 billion on changes: AI drive-thru, automated kitchens, new chicken menu, protein-packed meals and more

McDonalds is planning an $8.5 billion global overhaul over the next decade, bringing AI-powered ordering, more automation, smarter kitchens, new chicken items and protein-focused foods. The changes will also include restaurant upgrades, employee training and new ways to improve service, value and the overall customer experience.

24 Sep 2026 8:47 pm
Motivational Quote of the Day by Johnny Depp: I was angry and frustrated until I started my own family and Timeless life lessons from an inspiring quote on family, parenting, children, gratitude and why life looks different when you have someone to live for by the American actor

Quote of the Day by Johnny Depp: Johnny Depps quote, I was angry and frustrated until I started my own family and my first child was born. Until then I didnt really appreciate life the way I should have, but fortunately I woke up. delves into the importance of family and gratitude. The quote indicates that relationships and significant life experiences can help individuals recognize the value of daily moments and appreciate life.

24 Sep 2026 8:39 pm
Vitruvias Therapeutics thyroid tablet recall: FDA issues serious Class I warning over superpotent medicine check lot number, expiration date and what patients should know

Vitruvias Therapeutics thyroid tablet recall: The FDA has issued a serious Class I recall for one lot of Vitruvias Therapeutics thyroid tablets after the medicine was found to be potentially superpotent. The recalled Thyroid Tablets, USP 30 mg may contain more thyroid hormone than intended, raising concerns about serious health effects. Patients currently taking Thyroid, USP from Lot 504950 should contact their healthcare provider.

24 Sep 2026 8:30 pm
Full Harvest Moon rises this weekend but its real trick happens after the first night: Here's when to get the best view

When the Harvest Moon rises, it can look unusually large and sometimes takes on a striking orange glow near the horizon. Those features make it an impressive sight, but the real secret to getting the best view comes down to when you look for it.

24 Sep 2026 8:29 pm
Trump, Xi seek steadier US-China ties, focus on trade, AI and security

Donald Trump and Xi Jinping aim to strengthen US-China relations by focusing on cooperation in trade and technology. The two leaders have plans to discuss artificial intelligence, security, and trade balance during their meetings. Xi Jinping emphasized the importance of people-to-people exchanges and proposed inviting young Americans to China for cultural exchange. Both leaders acknowledged the intertwined interests of their countries while avoiding conflict is a priority.

24 Sep 2026 8:26 pm
Lessons from Hayden Panettiere death can save around 70,000 American lives in a year. Here is all you need to know

Hayden Panettiere death: For people struggling with addictions, there are various types of care, including therapy and counseling, medication and support groups.

24 Sep 2026 8:08 pm
Developers took on vacant historic religious buildings that were no longer in regular use; adaptive reuse gave them a new purpose as hospitality and community spaces

Some of Americas most unusual hotels are hiding inside buildings that once served very different purposes. Old factories, railway stations, shops and even an underground car park have found new lives as places to stay.

24 Sep 2026 7:50 pm
Is communism making a comeback in America? Bishop Barron revives Fulton Sheens 1950s, Cold War-era warning as the archbishop is beatified nearly five decades after his death

Fulton J. Sheen is set to be beatified in St. Louis, marking a major step toward sainthood. His legacy is revisited as discussions on communism arise in contemporary American politics. Bishop Robert Barron emphasizes the relevance of Sheen's anti-communist views for today's leaders. Sheen's media career in evangelization influences current religious communication strategies. A recognized miracle underpins his beatification celebration, linking his religious ministry to contemporary issues.

24 Sep 2026 7:33 pm
In 2009, unemployed Staffordshire man spent 5 days digging and found 3.2 million treasure: What was inside the largest Anglo-Saxon hoard ever found?

In 2009, unemployed metal detectorist Terry Herbert spent five days searching an English field and uncovered a huge Anglo-Saxon treasure worth 3.285 million ($4.34 million). The Staffordshire Hoard contained thousands of gold and silver pieces and is considered the largest known collection of Anglo-Saxon gold and silver metalwork ever found.

24 Sep 2026 7:28 pm
In 2009, unemployed man spent 5 days digging and found 3.2 million treasure: What was inside the largest Anglo-Saxon hoard ever found?

In 2009, unemployed metal detectorist Terry Herbert spent five days searching an English field and uncovered a huge Anglo-Saxon treasure worth 3.285 million ($4.34 million). The Staffordshire Hoard contained thousands of gold and silver pieces and is considered the largest known collection of Anglo-Saxon gold and silver metalwork ever found.

24 Sep 2026 7:28 pm
Put unripe tomatoes stem-side up in a paper bag with a few holes: The setup may help them ripen by keeping ethylene close to the fruit

Harvested tomatoes can continue to ripen thanks to the ethylene gas they emit. For the best results, arrange them in a paper bag with ventilation holes, stem side up. This technique captures the gas, speeding up the ripening while preventing excess moisture. Store the bag in a cool, shaded spot away from sunlight to enjoy a batch of perfectly ripe tomatoes.

24 Sep 2026 7:20 pm
Motivational Quote of the Day by Nelson Mandela: The brave man is not the one who has no fears, he is the Timeless life lessons from an inspiring quote on courage, resilience, strength, determination and why you should step outside your comfort zone

Quote of the Day by Nelson Mandela: Nelson Mandelas quote, The brave man is not the one who has no fears, he is the one who triumphs over his fears, explores the meaning of courage and inner strength. The quote suggests that bravery is not about living without fear, but about confronting difficult emotions, overcoming uncertainty, and finding the determination to move forward despite fear.

24 Sep 2026 7:12 pm
62 generators, no permits: New Jersey data centre's $1 million fine exposes the regulatory challenge of powering artificial intelligence & how fast AI infrastructure can be built

DataOne, an AI data centre in Vineland, New Jersey, has been fined $1.07 million by NJDEP. State inspectors found unpermitted natural-gas generators operating at the facility during a recent inspection. Each of the 62 generators has a significant power capacity, raising environmental concerns. DataOne disputes the characterization of the generators, indicating they are temporary equipment. The company plans to apply for the necessary permits while complying with state regulations.

24 Sep 2026 7:11 pm
Not sure your baking powder still works? Drop 1 tsp into 1/3 cup hot water; if it bubbles vigorously, it may still have enough potency for baking

Over time, baking powder can lose its effectiveness due to exposure to moisture, ultimately affecting the rise of your baked goods. To check its potency, conduct a simple test with hot water; a vigorous bubbling confirms its still good, while minimal activity means it's time to replace it. Store your baking powder in a cool, dry place for optimal longevity and regularly check its effectiveness to ensure delicious baking outcomes.

24 Sep 2026 7:10 pm
Starbucks store closures: Why is the coffee giant shutting 250 North American locations despite rising sales and earnings forecasts?

Starbucks plans to close 250 North American coffeehouses this week, trimming roughly 1% of its 18,000 locations across the continent. The decision marks the second major wave of store shutdowns under Chief Executive Officer Brian Niccol, who took over leadership in 2024. During a similar restructuring last September, the company shuttered 627 stores across North America and Europe while cutting 900 non-retail jobs.

24 Sep 2026 7:06 pm
Starbucks internal memo reveals 250 North American stores are shutting down this week: Why is the coffee giant closing locations as sales and earnings forecasts rise?

Starbucks plans to close 250 North American coffeehouses this week, trimming roughly 1% of its 18,000 locations across the continent. The decision marks the second major wave of store shutdowns under Chief Executive Officer Brian Niccol, who took over leadership in 2024. During a similar restructuring last September, the company shuttered 627 stores across North America and Europe while cutting 900 non-retail jobs.

24 Sep 2026 7:06 pm
In 2017, Philadelphia crews digging up Spruce Street hit water mains made of bored logs, laid around 1811; the city's last wooden pipe left service in 1858

While digging on Spruce Street in Philadelphia, city workers unearthed wooden water mains dating back 200 years. Installed around 1811, these pipes were integral to the citys early water supply system. Recognized by an arborist, who alerted officials, historical records confirmed their significance. The Philadelphia Water Department ensured these artifacts were preserved for education, shedding light on the citys rich water history.

24 Sep 2026 7:00 pm
US current account deficit widens 15.7% to $246 billion in Q2 on import surge

In the second quarter, the US current account deficit increased by $33.4 billion, reaching $246.0 billion. The rise in imports of goods was substantial, outpacing the growth in exports significantly. The goods trade deficit widened to $291.3 billion after a notable increase in imports. Additionally, the primary income balance narrowed, indicating changes in international financial flows. The nation's international investment position also deteriorated slightly, showing a larger deficit.

24 Sep 2026 6:57 pm
What if your eyes are older than you are? Scientists use a new AI model to uncover a surprising link between retinal age, smoking and diabetes

A new artificial intelligence model can predict age based on retinal images. The model has identified a retinal age gap associated with health and lifestyle factors. People with certain conditions showed a higher retinal age gap in the study. Researchers emphasize the need for further studies to validate the model's reliability for individual assessments. Ultimately, the technology could provide insights into general health through retinal examinations.

24 Sep 2026 6:56 pm
Taylor Swift new music video, song, album release date: Where to watch latest music video, listen Eros singer's first new song since marrying Travis Kelce

Taylor Swift's last album The Life of a Showgirl was released on October 3, 2025, and opened with 4.002 million album-equivalent units in the US, setting the biggest first-week total in the modern tracking era.

24 Sep 2026 6:52 pm
From 2002, Louisiana dumped up to 1.8 million cubic yards of dredged mud near Horseshoe Bend, and the river turned it into a 35-hectare island

Since 2002, dredgers on the Lower Atchafalaya River in Louisiana have adopted a groundbreaking sediment placement technique. This has resulted in the formation of Horseshoe Bend Island, a vibrant habitat for various plant and animal species. Studies show that this island plays a crucial role in removing harmful nutrients, improving regional water quality.

24 Sep 2026 6:50 pm
Why octopus camouflage is so hard to explain: They cannot see colour as we do, yet they can blend into their surroundings with stunning precision

Octopuses possess specialized skin structures that allow them to change their color and texture to blend in. Their visual systems detect light and patterns, but they have poor color vision. Neural signals control skin cells rapidly, enabling quick adaptations to the environment. Research continues to explore how octopuses interpret visual information for effective camouflage. Understanding their unique sensory processing offers insights into their remarkable survival strategies in the wild.

24 Sep 2026 6:40 pm
Since 1874, a boat on the Detroit River has passed mail to freighters that never stop, hauled up in a bucket on a rope; it has its own ZIP code: 48222

Since 1874, the J.W. Westcott II has served as a crucial lifeline for freighters navigating the Detroit River. Starting with John Ward Westcott's effort to connect ships to land, it transformed into a legally recognized service by USPS, operating 24/7 from April to December. As traditional mail volume dwindled, the mailboat diversified its offerings, including grocery deliveries and foreign vessel guidance.

24 Sep 2026 6:40 pm
Wordle #1923 today, September 24: Hints and clues to help you find the answer - can you figure out this five-letter word?

Todays NYT Wordle puzzle brings a familiar five-letter word with a tricky repeated letter. If youre stuck on Wordle #1923, these clues can help narrow down the answer without giving away the solution, from its starting and ending letters to its single vowel.

24 Sep 2026 6:31 pm
New York requires rooftop tanks on buildings over six storeys, and 5,600 are wooden; three family firms still build them from staves with no nails or sealant

New York City boasts more than 5,600 rooftop water tanks, vital for delivering water to its towering buildings. Crafted with age-old techniques, these wooden tanks naturally seal the water effectively. Due to pressure limitations in the municipal system, rooftops of buildings taller than six stories are required to have these tanks.

24 Sep 2026 6:30 pm
US weekly jobless claims decrease as labour market regains footing

Recent data reveals that initial claims for unemployment benefits in the US have dipped, signaling a stronger labour market. However, businesses continue to struggle with hiring due to escalating energy costs and a shortage of workers. Additionally, while continuing claims edged up slightly, the jobless rate remains steady at 4.1%.

24 Sep 2026 6:24 pm
Florida Keys homeowner shocked to find 64 baby turtles in backyard pool trapped in chlorinated water : The surprising reason they took a wrong turn

A Florida Keys resident recently discovered 64 baby sea turtles swimming helplessly in their pool. These tiny creatures, disoriented by the allure of artificial light, lost their way towards the ocean. The Turtle Hospital staff swiftly stepped in, rehabilitating the turtles before releasing them back into their natural habitat. Baby turtles can take a wrong path in the ocean due to artificial lightning.

24 Sep 2026 6:23 pm
'Restore access to CNN, MS NOW & Politico': Judge rebukes Trumps media ban, lacks factual support

'Restore access to CNN, MS NOW & Politico': Judge rebukes Trumps media ban, lacks factual support

24 Sep 2026 6:22 pm
Todays NYT Connections hints, clues and answers for September 24, 2026-can you solve puzzle #1201?

Today's NYT Connections puzzle introduces participants to a diverse range of word groups and challenges. Players are required to categorize 16 words into four groups of four based on hidden connections. While the puzzle is rated relatively approachable, some categories demand lateral thinking and familiarity with references. Examples are provided to guide players without revealing all answers directly. This engaging word game remains popular among enthusiasts for its unique challenge.

24 Sep 2026 6:19 pm
Russian strikes kill 8 in Ukraine as the UN debates how to end the war

Recent Russian attacks on Ukraine led to at least eight civilian deaths, with significant damage reported in Kyiv. Agricultural workers were among those killed in the northeastern Kharkiv region, while strikes also targeted Odesa. Ukrainian President Volodymyr Zelenskyy urged countries to impose sanctions against Russia during his U.N. address. Civilians continue to endure the hardships of war, adapting to the ongoing violence and instability.

24 Sep 2026 6:06 pm
As mortgage rates hit a 2-year high above 7%, heres the updated mortgage rate forecast and why US homebuyers are pulling back

The cost of borrowing money to buy a house in the United States just crossed a critical psychological line. For the first time since May 2024, the average 30 year fixed rate mortgage broke the seven percent mark. It jumped fifteen basis points last week to settle at 7.12 percent. This is not an isolated real estate trend. It is the direct result of the Federal Reserve battling high inflation. Also the global energy shock continue to ripple through the broader economy.

24 Sep 2026 5:56 pm
Boston, Massachusetts, New England weather forecast, coastal flood warning for east coast: Nor'easter this weekend to bring strong winds, heavy rains, Chicago Cubs, Boston Red Sox MLB games, season under threat

US weather forecast update: Noreaster storm will bring wind gusts in excess of 45 MPH and potential for scattered power outages for the Mid-Atlantic coast into Friday before the wind and heavy rain threat shifts to New England for this weekend. Heavy rain may lead to inland flooding in southern New England Friday to Sunday.

24 Sep 2026 5:46 pm
Quordle puzzle today: Clues and answers for September 24

Quordle challenges players to identify four five-letter words using a limited number of guesses, making each daily puzzle a test of vocabulary and deduction. If todays challenge is proving difficult, a few carefully chosen clues can help narrow down the possibilities without immediately revealing the solutions. This article provides useful hints about the vowels, repeated letters and uncommon characters featured in the puzzle, followed by clues for each individual word. The complete Quordle answ

24 Sep 2026 5:41 pm
China, US reach consensus on multiple economic and trade issues: Chinese Commerce Ministry

China and the US reached consensus on multiple economic and trade issues during their eighth round of consultations in New York, including reciprocal tariff reductions, trade and investment councils, and extending arrangements from their Kuala Lumpur talks. The two sides also held their first dialogue on artificial intelligence, China said.

24 Sep 2026 5:40 pm