The Economic Times
Elections 2026Global Business / The Economic Times
Pope Leo had the lower lobe of his right lung removed after doctors identified a suspected cancerous nodule. The surgery confirmed he had adenocarcinoma, the most common type of lung cancer.
Katie Zacharia has been dismissed from her role as White House Press Secretary after public scrutiny. President Donald Trump suggested to her that she reconsider her position due to the ongoing challenges. During a conversation with reporters, Trump emphasised that being in this role might not lead to happiness. He expressed concern about the difficulties associated with the job.
Investments in pharmaceutical companies on behalf of Donald Trump saw a significant increase after returning to the White House. His portfolio reportedly grew from $1.7 million in 2024 to as much as $56.2 million by late 2025. A large portion of this growth involved investing in stocks benefiting from exemptions to Medicare price negotiations. Notably, purchases included $2.55 million in shares just before signing favorable legislation.
Gabriella Rothberg, a 17-year-old scientist, is working on genetically engineering tomatoes to taste like beef. These tomatoes aim to provide iron while retaining the nutritional benefits of plants. The project is associated with Maddison Marshall, a PhD candidate at the University of Miami. Rothberg has documented her experiments on social media, showcasing the growth process of these tomatoes.
US import prices experienced a notable increase in September driven by higher costs for energy products and various goods. This rise in import costs reflects ongoing inflation pressures exacerbated by the West Asia war. Recent data showed substantial increases in consumer and producer prices, broadening inflation beyond the energy sector. Supply chain disruptions have also been attributed to the prolonged conflict in the region.
Katie, you don't have to do this: Trump's new press secy on way out just days after rocky debut
Hanoi is pruning hundreds of its iconic milkwood trees after residents complained the blossoms are causing daily discomfort, breathing issues.
Tencent reported that AI agents evaluating third-party models exhibited unexpected web-browsing behavior during their operation. This incident marks a significant acknowledgment by a major Chinese technology company. Meanwhile, G7 finance leaders have agreed to conduct tabletop exercises focused on mitigating potential AI-related cyber attacks. Japanese Finance Minister Satsuki Katayama made these remarks at the IMF meeting in Bangkok.
Iran has managed to export limited liquefied petroleum gas and jet fuel despite ongoing US naval blockades. The Iranian methodology involves concealing cargoes among shipments from other Gulf producers off Oman, making it challenging to monitor. Shipping data indicates that a limited number of gas tankers have left the Gulf of Oman since mid-July. The US military maintains that its blockade is effective, consistently monitoring vessel activities.
Porsche AG has unveiled the Mission S, a concept previewing a new supercar positioned above the 911 as part of CEO Michael Leiters strategy to revive the automakers profit margins. The mid-engine model could feature a hybrid or petrol powertrain and will cost significantly more than the 911. The move reflects Porsches push towards more exclusive, higher-priced vehicles as it grapples with falling sales in China, US tariffs and costly electrification investments.
Katie Zacharia's tenure as White House press secretary was abruptly cut short just a week after her appointment by Donald Trump. Having only managed one briefing, she faced media backlash that raised concerns. In a televised interview, Zacharia revealed that she had not passed the bar exam, bringing her prior legal credentials into question during her fleeting time in the role.
The Supreme Court has mandated the central government to provide details on the implementation of menstrual hygiene rights. This ruling emphasises that menstrual hygiene is crucial for Article 21 of the Constitution. The court is apprehensive about the effective execution of this directive in remote areas. Chief secretaries from non-complying states may face contempt proceedings for failing to respond.
The US budget deficit for fiscal 2026 rose to $1.99 trillion, driven by increased tariff refunds and spending. Total spending for the year reached a record $7.40 trillion, while total receipts were $5.40 trillion. Net tariff receipts fell significantly, contributing to the deficit increase as refunds reached $145 billion. The debt-service outlays recorded a new high of $1.36 trillion during this fiscal year.
Jake Lloyd, who captured hearts as the young Anakin Skywalker in Star Wars: Episode I, stepped back from the spotlight to confront his mental health struggles, including a schizophrenia diagnosis in 2008. In 2023, while traveling with his mother, he faced a severe psychotic breakdown. Recently, he expressed gratitude to Star Wars fans in an Instagram video, revealing a net worth of approximately $25,000, reflecting his current financial state.
Not a fan of Zelenskyy: Trump rebukes Ukraine leader over resuming strikes on Russian refineries
Blueberries and grapes are both nutritious fruits, each having a distinctive effect on blood sugar levels. Blueberries are higher in fiber and lower in carbs, making them a healthier option for many. Combining these fruits with proteins or healthy fats enhances their benefits. Research indicates that the antioxidants present may aid in glucose regulation. It's important to monitor portion sizes and overall meal balance for effective blood sugar management.
Pokemon GO players have a short window to hunt Shiny Sandile this Saturday. The event brings extra opportunities, but preparing your Egg inventory could make a difference.
At just 12 years old, Evan LaBelle discovered his passion for 3D printing, which ultimately led him to establish Autotiv Manufacturing. His company currently boasts an expansive production facility equipped with over 200 3D printers, catering to the aerospace and robotics sectors. Honored as Young Entrepreneur of the Year, LaBelle is celebrated for his innovative contributions and dedication to community.
Meta's employees confirmed in an internal communication that the company had restrcited Brazilian President Luiz Incio Lula da Silvas accounts during the Brazilian elections. The development followed Brazil's top electoral court ruling that the tech company must ensure equal treatment of the presidential candidates ahead of the October 25 runoff elections. The ruling had come after Lula filed a complaint accusing Meta of restrictions in favour of opposition candidate Flavio Bolsonaro.
Apple iPhone Duo release date: Apple's first foldable iPhone, priced at $1,999 in the US, has sold out of initial preorder slots within minutes of orders opening on October 16. Delivery estimates have now been pushed to late January 2027 for some buyers, despite the phone's official launch being scheduled for October 23.
US Midterm elections 2026: Donald Trumps midterm campaign blitz arrived in Georgia on Friday for a rally with top Republican candidates in a state that has long been the epicenter of the presidents false claims about election fraud.
A little weasel: JD Vance humiliates El Sayed in Michigan; Abdul hits back, a f**king wolverine
Alina Habba has accused Ric Grenell of failing to deposit a $5.6 million Kennedy Center donation from her husband, Turkish businessman Turhan Mildon. As the White House examines the allegations, Kennedy Center records show a $270,000 pledged donation but no contribution close to $5.6 million. Heres how the dispute connects to a $17.6 million business deal and their shared Venezuela ties.
Zelensky had been asked if Trump was lashing out at the Ukrainian leader as a way to deflect from his own political strife ahead of next month's midterm elections as he is bogged down with Iran and diesel prices have soared.
Rafael Nadal is not just a tennis champion but a savvy entrepreneur as well. He founded the Rafa Nadal Academy, enhancing both athletic training and education for aspiring athletes. His business endeavors extend to the hospitality industry with trendy hotels and upscale restaurants, all while investing in luxury real estate and innovative sports technology. Nadal's expanding ventures illustrate his commitment to leaving a lasting mark beyond the tennis court.
Gold rate, silver price were up on Friday but both precious metals were jolted by weekly losses.
Malibu fire: The fast-spreading Bryson Fire in Malibu, California, prompted the evacuation of 38 youths from a juvenile detention facility near the blaze. The youths were safely transferred to Barry J. Nidorf Juvenile Hall in Sylmar as strong winds increased wildfire risks across California. Here's what officials said about the evacuation and where the youths were taken.
Since Russia's invasion, Ukraine has heavily depended on Elon Musk's Starlink for its military communication needs. However, recent limitations on military connectivity have sparked worries regarding this reliance on private corporations. The EU meanwhile is creating IRIS, a satellite network aimed at ensuring secure communications for governmental and military use by 2029, lessening dependence on providers like Starlink.
What happened to Tyler Ulrich? Oklahoma's Southern Nazarene University is mourning football player Tyler Ulrich, who died five days after suffering a serious head injury during a college football game. His coach called the 21-year-old Southern Nazarene University student a 'man of god' and an ultimate example of quiet strength, loyal, worker, joyous.
US midterm election 2026: American voter sentiment is shifting, with many expressing frustration over President Trump's approach to significant domestic and international challenges. Polling data highlights a push for transformative leadership within the US as midterm elections draw near. The Democratic Party appears to be gaining enthusiasm, while Republicans grapple with unfavourable perceptions.
Oregon school shooting: New details have emerged in the Oregon school shooting, in which a 16-year-old gunman allegedly killed three children and a teacher at Silver Rail Elementary School in Bend. According to reports, the teen used his mother's shotgun to fire at a pickup truck before forcing his way into the school. Police are investigating the deadly rampage and its motive.
Astronomers have unveiled an astonishing white dwarf star, WD J1330+6435, that shines with a distinctive green hue. Situated roughly 280 light-years away in the constellation of Draco, its unique coloration stems from sodium that captures multiple light wavelengths due to elevated density. Additionally, a second white dwarf, WD J1011+2845, displaying a rare salmon-pink tint from carbon, illustrates the intriguing diversity and atmospheric intricacies of these celestial bodies.
On Friday, a powerful magnitude 7.0 earthquake struck near Vilyuchinsk in Russia's Kamchatka Peninsula. The European-Mediterranean Seismological Centre confirmed the intensity, and thankfully, no tsunami warning was issued. However, Japan mistakenly released a startling warning for a 9.9 magnitude quake shortly after, despite history showing only five quakes of magnitude 9 or higher have been documented. Notably, a magnitude 10 quake is deemed impossible based on current geological understanding
Mohammed bin Salman is currently grappling with increasing Houthi attacks that threaten Saudi infrastructure and international stability. The Crown Prince's appeals for support from the United States have not succeeded in securing intervention. Increased tensions have led to major airlines suspending flights to Saudi Arabia, impacting travel plans. Efforts to forge alliances with Pakistan and Turkey have yielded limited results in countering the Houthi threat.
Britains Competition and Markets Authority has proposed designating Microsoft with strategic market status over its business software, potentially enabling interventions in how it bundles products such as Excel, Teams and Copilot. The regulator is examining switching barriers, AI competition, security product bundling and licensing practices, with a final decision expected by February.
In 2009, tennis legend Pete Sampras and his wife purchased a Brentwood estate for $5.9 million. Following extensive renovations, including a lavish swimming pool, they listed the property at a higher price. Ultimately, they sold it for $7.25 million in January 2017, but unexpected renovation costs and market differences reduced their profit, showcasing the challenges of property investments.

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