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Global Business / The Economic Times
Who is Frank Gehry? This explainer covers his death at 96, his early life, career, Guggenheim Bilbao impact, global projects, awards, net worth, personal life and how his architectural legacy and business interests will be handled. The story details his work, family and long-term influence on architecture.
Crypto gifts for Christmas: This holiday season, young Americans are reshaping shopping habits. Nearly half of US shoppers use AI for holiday tasks, especially gift discovery. Cryptocurrency gifts are also gaining traction, with 45% of Gen Z excited to receive them. Gen Z leads digital-first commerce, favoring crypto payments and digital wallets.
Frank Gehry cause of death, net worth and family details are now confirmed after his death at his Santa Monica home. The architect changed global architecture with his work and built a major legacy. This explainer covers his death, career, net worth, family and information about who may inherit his empire.
Renowned architect Frank Gehry, celebrated for reshaping city skylines with his visionary, sculptural designs, has died at 96. His innovative use of unconventional materials, exemplified by his own Santa Monica home, set the stage for iconic structures like the Guggenheim Bilbao and Walt Disney Concert Hall, cementing his global legacy.
Donald Trump received the inaugural FIFA Peace Prize on December 5, an award created just a month prior. The decision, lacking transparency and a public selection process, has drawn scrutiny. Questions arose regarding the prize's legitimacy, especially with Myanmar tycoon Zaw Zaw, linked to alleged atrocities, heading the committee responsible for future selection processes.
Israeli Prime Minister Benjamin Netanyahu denounced the ongoing corruption case against him as a Bugs Bunny trial and defended his controversial pardon request in a video published on social media. Netanyahu is the first sitting Israeli prime minister to stand trial for corruption.
The New York Times has filed a lawsuit against AI startup Perplexity. The Times claims Perplexity copied and used its articles without permission for its AI products. This is part of a larger legal battle between publishers and AI companies. Perplexity faces similar accusations from other media outlets. The startup denies wrongdoing, calling the lawsuits an outdated tactic.
India and Russia are standing together against terrorism. Prime Minister Modi stated that attacks in Pahalgam and Russia share the same root. Both nations are committed to fighting terrorism in all its forms. They will deepen cooperation to counter extremism, crime, and illicit activities. This partnership aims to eliminate terrorist safe havens and financing.
Manipur Government issues a stern warning to anti-social elements. These elements are reportedly threatening citizens and disrupting peace. Police actions are underway against those involved. The state emphasizes that no group can issue decrees or restrict lawful activities. Individuals or organizations found threatening peace will face strict legal prosecution.
Russia has ramped up its fertilizer exports to India, now commanding a staggering 26% of the subcontinents fertilizer imports. This surge contributes significantly to an economic alliance, with Russian fertilizers increasingly finding their place in BRICS nations. S
India's Supreme Court judges are exercising extreme caution with artificial intelligence. They have stated that AI will not be allowed to dictate judicial decisions. The court acknowledged concerns about AI citing non-existent case laws. Judges will cross-check AI outputs. This awareness is part of judicial training. The bar and judges will adapt over time.
President Trump unveiled a new national security strategy prioritizing America First and regional concerns, notably elevating Latin America. The document signals an end to mass migration and criticizes Europe's trajectory, warning of civilizational erasure and vowing to cultivate resistance to its current path.
The Supreme Court has warned the Kerala Governor and government. If they cannot agree on Vice Chancellor appointments for two universities, the court will make the decisions. A committee had recommended names. The Governor chose two, but the Chief Minister disagrees. The court wants a consensus by Tuesday. Otherwise, judicial intervention is the only option.
Drinking a small glass of 100% orange juice every morning can help your heart and overall health. It has vitamin C, flavonoids, and plant sterols that support the heart, reduce harmful cholesterol, and improve metabolism. Pure or homemade juice is best, as added sugar can harm health. Benefits may vary by body weight.
Russia and the United States are making progress in peace talks concerning Ukraine. President Putin met with U.S. envoys, accepting some elements of a U.S.-drafted peace plan. Moscow is ready to continue negotiations with the current American team. Ukraine seeks real peace and fears unfavorable terms. Russia insists on achieving its goals by military means if diplomacy fails.
Financial gifts offer a lasting advantage over traditional presents. A session with a financial advisor can set someone on a path to money wellness. Contributions to a Roth IRA or a 529 plan build long-term wealth and support education costs. Treasury savings bonds provide safety and steady growth. These options foster financial confidence and stability for loved ones.
FIFA presented President Donald Trump with a new peace prize during the 2026 World Cup draw. The award recognizes his efforts to promote peace and unity globally. FIFA president Gianni Infantino highlighted Trump's leadership qualities. Trump expressed gratitude for the honor. This marks a departure from FIFA's usual focus on sports.
In a bold move, Jose Charles Martin, the heir to the 'Lottery king', Santiago Martin, is stepping into the political arena. He is set to unveil his new political party in Puducherry by mid-December. Having previously been part of the BJP, Martin has expressed frustration with the bureaucratic hang-ups of traditional parties.
Experts say simple aerobic exercise can help people over 50 stay healthy and even live longer. Activities like walking, swimming, or cycling keep the heart strong and support the body as it ages. Doctors also say even short workouts can help. This story explains why basic aerobic exercise is important and how easy it is to start.
At a recent gathering, National Conference president Farooq Abdullah called for solidarity among all party affiliates. He strongly discouraged any actions that undermine the party's integrity and highlighted the accomplishments of the NC government despite facing challenges in the Union Territory.
The five years before retirement are critical for Americans. Nearly half worry their savings wont last. Boosting contributions, cutting expenses, or adding side income can make a huge difference. Shifting to lower-risk investments and adding inflation-protected assets like gold shields your nest egg. Budgeting and tracking income ensures you know exactly what youll have from Social Security, pensions, and savings. Passive income from real estate can supplement your retirement.
Myanmar and Tibet were shaken by earthquakes today. A shallow magnitude 3.3 quake hit Myanmar, raising concerns about aftershocks. Earlier, a deeper quake also occurred. Myanmar faces seismic risks due to its location between tectonic plates. Tibet also experienced tremors, including a shallow magnitude 4.3 earthquake. The Tibetan Plateau is prone to seismic activity from plate collisions.
Alleging that the imbroglio was due to the government's monopoly model, Congress leader Rahul Gandhi said on X: IndiGo fiasco is the cost of this Govt's monopoly model. Once again, it's ordinary Indians who pay the price - in delays, cancellations and helplessness. India deserves fair competition in every sector, not match-fixing monopolies.
In a spirited session of the Lok Sabha, tempers flared as MPs from the DMK and BJP clashed over the controversy surrounding the Karthiga Deepam lighting ceremony. DMK representatives accused certain groups of trying to hijack the ritual, while the BJP fired back, blaming the Tamil Nadu government for ignoring court directives.
The ruling BJP and Asom Gana Parishad are discussing seat sharing for the upcoming Assam assembly elections. Both parties aim to conclude these talks by January 14. Discussions are ongoing between the BJP and AGP leadership. Grassroot workers from AGP are advocating for more seats. The alliance between the two parties has been in place since 2014.
Eduardo Manzano: Iconic Mexican comedian and actor Eduardo Manzano, known as El Polivoz, has passed away at 87. His son confirmed the news, marking the end of an era in Spanish-language entertainment. Manzano was celebrated for his roles in Los Polivoces and the sitcom Una familia de diez, leaving a lasting legacy in Mexican comedy.
Minutes after the Rajya Sabha proceedings began on Friday, Congress member Pramod Tiwari drew the chair's attention to the mass cancellation of flights. He alleged that this has happened due to the monopoly of one airline.
Manipur government issues a stern warning to anti-social elements. Police have initiated action against those threatening citizens and disrupting peace. The state reaffirms that no group can impose decrees or restrict lawful activities. Citizens are urged to report threats and cooperate with the government. Security forces have arrested militants and filed cases against those threatening cultural groups.
Silver prices are rising fast as the metal hits new record levels. Investors are putting more money into silver, and demand is strong in many industries. Some experts say supply is getting tight, and markets expect the Fed to cut interest rates soon. These factors are helping silver stay on a strong upward trend.
The statement comes in response to a question raised by MP Dr. Laxmikant Bajpayee in the Rajya Sabha, asking whether it is a fact that one in every seven deaths in Delhi can be attributed to the city's toxic air as claimed by several studies and reported in media.
Music psychologist Dr. Claire Renfrew has created what she calls the worlds happiest Christmas car playlist, promising guaranteed smiles for festive travellers. She analyzed numerous holiday classics using a scientific method that concentrates on significant keys, energetic vocals, lively instruments, and tempos between 100140 BPM. Commissioned by FIAT UK, the 25-track Spotify playlist focuses on minimizing holiday tensions and making festive journeys more joyful.
David Byrne is launching the 2025 holiday season with a special playlist. This collection features 32 lively songs from artists like Run-DMC and Prince. The playlist offers a fun alternative to traditional Christmas music. Byrne's selection focuses on enjoyment rather than holiday themes. He recently performed on NPR's Tiny Desk Concert and is on a world tour.
Alternative assets in 401(k): A recent US executive order now permits alternative assets like private credit, equity, and crypto in 401(k)s, offering diversification beyond traditional stocks and bonds. While proponents highlight broader investor access, experts caution about complex risks and limited liquidity. Financial advisors suggest a cautious allocation, typically 5-10%, to navigate these new opportunities.
Significantly widening the economic partnership, in a shift from cooperation in traditional domains of oil and defence, notwithstanding mounting Western pressure on New Delhi to scale down its engagement with Moscow was the centrepiece of summit talks between Modi and Putin.
India's central bank has responded to International Monetary Fund concerns about data and currency management. Reserve Bank of India officials stated that GDP and inflation estimates are accurate, with scope for improvement. They explained that data classifications are generally good, with national accounts receiving a lower grade due to an outdated base year.
Union Minister Amit Shah announced plans for 'Sahakar Taxi' to become India's largest cooperative taxi company. He detailed a vision to establish a cooperative in every Panchayat, creating over 50 crore members. This initiative aims to boost the cooperative sector's GDP contribution. Digital services and a unified banking technology umbrella will empower rural banks.
The Trump Administration's National Security Strategy identifies India as a crucial partner, emphasizing deepened cooperation in economic, technological, and defense sectors. The document highlights the Indo-Pacific as a key geopolitical battleground and calls for improved commercial relations and contributions to regional security through the Quad.
The Congress party has criticized Prime Minister Narendra Modi's governance. They used the acronym DDLJ, meaning distort, defame, lie, and justify, to describe the government's actions. This criticism follows a Bollywood event in London. The party alleges manipulation of economic data and suppression of dissent. They also claim the government spreads false narratives and defends questionable practices.
The Uttar Pradesh Subordinate Services Selection Commission has announced the UPSSSC PET Result 2025. Candidates can check their scores on the official website. This result is for the Preliminary Eligibility Test conducted in September 2025. Clearing this exam makes candidates eligible for Group B and C posts. The PET certificate is valid for three years.
George Clooney is 64 years old and still wants to keep acting. He talks about how work feels different now but he enjoys roles that challenge him. Clooney also thinks more about family and time as he gets older. He is choosing deeper films and is not ready to retire. His new movie shows this change in his career.
India and the United States are actively discussing a trade agreement. Recent US tariff changes affect Indian exports. Visa policies are also a key discussion point. India emphasizes the importance of skilled talent mobility for both nations. The government is consulting with exporters to assess the impact of US measures. Engagement continues on matters of national interest.
Prime Minister Narendra Modi presented President Vladimir Putin with gifts reflecting India's rich heritage. These included Assam black tea, Kashmiri saffron, and handcrafted items like a silver horse and tea set. A Russian edition of the Bhagavad Gita was also gifted. These items showcase India's artistry and cultural significance, strengthening the India-Russia bond.
Bollywood's 'Dhurandhar' has surprised audiences with its epic scale and a post-credit reveal confirming a sequel. 'Dhurandhar 2' is slated for March 19, 2026, setting up a major box office clash. The first installment, over 3.5 hours long, suggests simultaneous filming for both parts.

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