The Economic Times
Elections 2026Top News / The Economic Times
Novembers Beaver Moon turns full on Tuesday, Nov. 24, and is best viewed as it rises in the northeast around sunset.Find a spot with a clear view of the horizon and check your local moonrise time before heading out.
Abdul El-Sayed's recent election to the U.S. Senate signifies a notable milestone for American Muslim political engagement. Despite facing anti-Muslim rhetoric during the campaign, he won support for his policies and values. His victory is viewed as a rejection of hate and discrimination against Muslim Americans. Residents of Dearborn expressed pride in seeing an individual representative of their community elected to office.
Michael Burry's warning about an AI bubble is back in focus as Wall Street loses more than $2 trillion in market value. On Thursday, November 5, AMD shares plunged around 12%, SanDisk fell 14%, Micron dropped 10%, while Nvidia lost nearly 7%. Tesla and Palantir also fell 9% and 8%, respectively. The sell-off spread across chipmakers, memory companies and AI infrastructure stocks. The Dow fell 2.36%, the S&P 500 dropped 3.11%, and the Nasdaq sank 4.20%, as investors questioned whether massive AI
US hospital operators are experiencing revenue pressure due to an increase in uninsured patients affecting their operating margins. The expiration of federal subsidies is causing ACA exchange premiums to rise sharply, leading to more patients losing coverage. Major hospital chains are bracing for declines in Medicaid supplemental payments that could hit their finances hard. Analysts caution that forthcoming changes to Medicaid requirements might exacerbate issues for hospital operators.
The race in Colorado's 4th District is heating up as Lauren Boebert trails Democrat Eileen Laubacher by just over 2,500 votes, with most ballots tallied. This close contest could signal an important transformation in Colorado's political landscape, traditionally dominated by Republicans. With increased Democratic voter involvement noted in other areas, both candidates remain vigilant as they await the final results to determine their next steps.
Bitcoin (BTC USD) price crash today: Bitcoin has fallen back toward $76,000 after failing to hold its recovery above $80,000. A sell-off in technology stocks added to the pressure, while nearly $370 million in leveraged crypto positions were liquidated in about an hour. Traders are now watching the $75,000 level.
India and Nepal have reaffirmed their commitment to strengthening bilateral ties as Foreign Secretary Vikram Misri met Prime Minister Balendra Shah in Kathmandu ahead of his expected visit to Delhi later this month. Discussions covered trade, energy, connectivity, sports and new areas of cooperation, including AI and digital connectivity.
MU stock price today: Micron stock is falling as Wall Street faces a sharp selloff in technology shares. The Nasdaq dropped 3.72% on Thursday, while the Dow and S&P 500 also lost more than 2%. Nvidia and Tesla shares fell sharply, adding to the pressure on chip stocks. Micron faces another problem; a reported halt to its $4.5 billion Taiwan plant has raised fresh questions about its future AI memory production.
At a White House event, Kirill Dmitriev recognized Melania Trump's efforts in securing a ceasefire in Oleshky. He mentioned that Russian President Vladimir Putin had personally instructed the operation. The ceasefire was signed on October 23 and involved representatives from both Russia and Ukraine. The event was organized to honor the humanitarian role played by Melania Trump. Dmitriev also conveyed Putin's gratitude for her contributions to the peace efforts.
Texas Governor-elect Gina Hinojosa wants to send a one-time $1,500 check to every household in the state. Her plan would draw billions from the states emergency reserve and needs approval from Texas lawmakers.
US President Donald Trump questioned election results in Alaska even as Democrats extended their historic midterm gains, with Mississippi emerging as another potential Senate breakthrough. Republican losses across traditional strongholds have reshaped Congress, while Florida Governor Ron DeSantis described the party's electoral setback as an extinction-level event.
The Paris march began peacefully on Thursday afternoon at Place de la Republique. The large crowd included many students carrying signs reading, Inequalities seriously jeopardize our future and We can't spend our whole lives just trying to make a living. They were joined by workers and retirees demanding higher wages and pensions.
NVDA stock price today: Nvidia stock has come under fresh pressure amid concerns that data center restrictions could slow AI infrastructure spending. Shares fell below $200, but analysts remain bullish, with average price targets pointing to significant upside ahead of the company's November 17 earnings report.
US stock market crash today: The Dow, Nasdaq and S&P 500 are all trading in the red, while some of the biggest semiconductor stocks are losing ground. Micron (MU), SanDisk (SNDK), AMD and Qualcomm (QCOM) are among the hardest hit, with Western Digital and Seagate also extending their losses. Qualcomm's weaker revenue and cautious outlook have added to concerns about chip demand. But why are AI and memory chip stocks falling so sharply?
The two regional powerhouses restored ties in 2023 after a freeze but have been at odds over the war in Yemen, where the Houthis are fighting the Saudi-backed internationally recognised government and have repeatedly launched attacks on the kingdom.
FIFA council member Kohzo Tashima - a colleague of Infantino for nearly 11 years - intends to run for president against the incumbent, Japanese media reported on Thursday after a meeting of the national soccer federation.
Godfrey Phillips India Ltd reported a significant 37.73 percent decrease in net profit for the September quarter, primarily driven by a substantial tax increase from the previous fiscal year. Despite this, the company's total consolidated income surged to Rs 8,139.64 crore during the first half of FY27. To counteract the volumetric impact from rising taxes, a tactical pricing strategy was implemented.
Apple is seeking about $7 billion from a US-dollar bond offering, Bloomberg News reported on Thursday, citing people familiar with the matter. The iPhone maker is the latest major tech company to tap debt markets as the sector raises large sums to fund AI expansion.
Russell Brand has been convicted of rape and sexual assault after a detailed three-week trial at Southwark Crown Court. The jury reached a unanimous verdict based on testimonies from six women concerning events spanning a decade, from 1999 to 2009. Brand, who maintains that his sexual interactions were consensual, is now awaiting sentencing that may lead to a significant prison sentence.
Qualcomm's shares dropped significantly in early trading following disappointing smartphone chip sales. The company's largest business segment faced a 26% revenue decline, leading to lower overall chip sales. While Qualcomm's investments in data-center and automotive chips strengthen its growth potential, analysts remain skeptical about immediate earnings. Brokerages have reduced their price targets on Qualcomm's stock after recent results were released.
Elon Musk's hefty USD 445 million investment in Republican candidates did not yield the desired electoral success, as Republicans faced significant losses, ceding control of Congress. This setback has prompted Democrats to contemplate investigating Musk's business operations. Critics have denounced his financial influence in politics, highlighting the risks of affluent individuals shaping policy. Anticipated changes in Texas's Democratic leadership suggest intensified scrutiny of Musk's ties to
Gadi Eisenkot has surpassed the parliamentary threshold by gaining 67 endorsements to form Israel's government. His endorsements come after consultations with President Isaac Herzog and include support from various opposition groups. Meanwhile, Prime Minister Benjamin Netanyahu's support dwindled to 46 as his traditional ally abstained from endorsing him. The decision by United Torah Judaism highlights growing frustration over unfulfilled promises regarding military exemptions.
Speaking to the media on the sidelines of the 'Summit on Global Financial Compliance (FATCA & CRS)' in Mumbai, Debjyoti Das, Principal Director General of Income Tax (Intelligence & Criminal Investigation), highlighted the growing risks associated with non-compliance in cross-border financial reporting.
October witnessed an alarming withdrawal of $33.8 billion by foreign investors from emerging markets, the largest since March. Almost all of this outflow consisted of equities, severely impacting Taiwan. While Emerging Asia grappled with major losses, Latin America encountered minimal setbacks amid election-related volatility. Additionally, Chinese stocks continued to see foreign sell-offs for the fifth consecutive month.
Ronaldo retirement: As Cristiano Ronaldo prepares to end his 23-year international career with Portugal, his business interests stretch far beyond football. From six hotels and 13 hair-restoration centres to fashion, fitness and a YouTube channel that gained 10 million subscribers in 12 hours, here's a look at the ventures carrying his name.
Guy Fawkes Day is observed on November 5 to commemorate the Gunpowder Plot of 1605. Guy Fawkes along with a group of other conspirators tried to blow up the Houses of Parliament. The plot to kill the Protestant King James I was foiled. The day is now known as Bonfire Night. It is celebrated with fireworks, bonfires and effigies.
TRAI has recommended a new framework for satellite communications, which includes authorising satellite network providers. These providers can offer infrastructure and capacity services to eligible telecom operators without directly serving consumers. The framework also enables potential direct-to-device connectivity using satellite and terrestrial mobile spectrum. Authorised providers will have an authorisation period of up to 20 years, with possible renewal.
The Federal Aviation Administration is planning regulatory changes for commercial space launches and re-entries. It aims to facilitate at least 1,000 launches annually by the year 2030. These proposed adjustments include updating definitions about mandatory flight aborts and clarifying associated requirements. Last year saw only 178 launches, with significant involvement from SpaceX. This overhaul signals a major shift in the regulatory landscape for commercial space activities.
Pete Hegseth faces mounting bipartisan calls to resign or be removed as US War Secretary following Republican losses in the 2026 midterm elections. While Donald Trump has publicly backed him, JD Vance blamed the Iran war for the defeat, and Republican Congressman Thomas Massie threatened to revive impeachment proceedings against Hegseth.
Cristiano Ronaldo has officially announced his retirement from the Portugal national football team after an illustrious career. He played 234 international matches, scoring a record 146 goals throughout his time representing his country. Ronaldo has built a notable property portfolio in Portugal, including a luxury apartment in Lisbon. His ties to Madeira are evident in a seven-storey building where his family resides.
Cristiano Ronaldo announced his retirement from international football after 23 years with Portugal. His decision followed a disagreement with coach Jorge Jesus, leading to a 30-day suspension. Ronaldo expressed his emotional farewell on Instagram, reflecting on his time representing Portugal. He leaves behind a significant legacy, including a record 146 goals in 234 matches. Despite retiring from international football, he will continue his club career at Al Nassr.
Diwali 2026 will be celebrated on November 8, and households are preparing their homes for the festival of lights. According to traditional Vastu beliefs, simple practices such as cleaning cluttered spaces, decorating the main entrance with rangoli and flowers, lighting diyas in auspicious directions and bringing home plants such as Tulsi and money plant are associated with attracting prosperity and positive energy.
The Nasdaq opened lower on Thursday as losses in chip and data center-related stocks weighed, while broader markets were muted after a rally in the last session on the back of
Signature Global Ltd has reported a consolidated net profit of Rs 66.90 crore for the quarter ending September, marking a significant turnaround from last year's net loss of Rs 46.86 crore. With total income soaring from Rs 372.51 crore to Rs 870.70 crore, the company's chairman highlighted a robust demand for quality housing and its strong financial health. Since its establishment, Signature Global has successfully delivered 19.
PM Modi recalls para athlete Rinku Hoodas moving tribute to late mother after winning gold

20 C