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The Economic Times

Top News / The Economic Times

US stock market crashes today: Dow Jones, S&P 500, and Nasdaq fall hard as bond yields hit 19-year high - Nvidia, Broadcom, AMD, and Amazon lead massive Wall Street selloff

US stock market crashes today as Dow Jones, S&P 500 and Nasdaq plunge. The Dow Jones Industrial Average dropped more than 237 points, while the S&P 500 and Nasdaq slid deeper into negative territory as technology and AI-linked stocks faced heavy selling pressure. A perfect storm of soaring Treasury yields, oil above $100, and a violent unwind in semiconductor stocks sent Wall Street into its third straight day of losses.

19 May 2026 9:24 pm
Who is Sibi George? Seasoned diplomat who became social media attraction

Sibi George, a seasoned diplomat and Arabic speaker, gained viral attention for his response to a journalist during PM Modi's European tour. Currently serving as Secretary (West) at the MEA, George oversees India's relations with the EU and Nordic countries. His extensive diplomatic career includes ambassadorships to Japan, Switzerland, Kuwait, and postings in West Asia and Washington D.C.

19 May 2026 9:16 pm
10-year-treasury yield, 30-year-treasury bond rates jump to record highs. What does this mean for mortgages, loans rates?

Higher yields can drive up rates for mortgages and loans going to companies to build AI data centers, which has been a big source of growth for the economy.

19 May 2026 9:14 pm
African Proverb of the Day: It is the woman who makes some men Life lessons on relationships, loyalty, encouragement and why no one succeeds alone

African Proverb of the Day highlights the meaning of It is the woman who makes some men succeed where others fail. The saying reflects how emotional support, encouragement, and partnership can play a powerful role in shaping a persons success. It suggests that behind achievement, there is often a supportive presence that helps build confidence, resilience, and determination during challenges.

19 May 2026 9:10 pm
Liangmai Naga leaders demand release of six abducted men, urge CM for police deployment

A delegation met Chief Minister Yumnam Khemchand Singh regarding six missing men abducted from Kangpokpi district. They demanded the men's release or the handover of bodies for last rites. The Chief Minister assured that combing operations are underway. He appealed for calm and community cooperation to restore peace in the region.

19 May 2026 9:08 pm
Red Lobster Tallahassee closure: Is Americas oldest Red Lobster shutting down forever? Tallahassees iconic 56-year restaurant closes May 24 final chance for Cheddar Bay Biscuits

Red Lobster restaurant 2026 closing list near me: After 56 years of service, Red Lobster's longest-running U.S. location shuts its doors this Sunday. The iconic North Monroe Street restaurant in Tallahassee, Florida, will officially stop operations on May 24.

19 May 2026 8:55 pm
WHO states strike deal to extend talks on pandemic treaty

World Health Organization member states will continue talks on a pandemic treaty for another year. Discussions focus on sharing access to dangerous pathogens and benefits from them. Wealthy and developing nations have differing views on equity. The agreement aims to prevent a repeat of the disjointed global response to Covid-19.

19 May 2026 8:53 pm
Apple iPhone 18 Pro, iPhone 18 Pro Max: Expected price in India, launch timeline, major upgrades and more

Apple is reportedly gearing up to launch the iPhone 18 Pro and Pro Max in September 2026, with pricing expected to remain similar to current models. The new Pro lineup is anticipated to feature the A20 chipset, a slimmer Dynamic Island, improved battery, and enhanced camera hardware. This launch may also coincide with the debut of Apple's first foldable smartphone.

19 May 2026 8:51 pm
CBSE answer sheet: Date to obtain scanned copies extended after student face glitch on website; check key details

Technical glitches on the CBSE website have prompted an extension for students seeking scanned copies of their Class 12 evaluated answer books. The deadline is now May 23, a day later than initially planned. This move aims to provide students with ample time to apply for the post-verification process, which has seen several technical issues reported by students.

19 May 2026 8:47 pm
From freelancing at 16 to 70 LPA at 20: How a 20-year-old college dropout allegedly landed a job at a US startup

A 20-year-old college dropout has gained attention for securing a remote role with a 70 lakh annual package at a San Francisco startup. The individual detailed their journey of freelancing and continuous learning online. Despite initial rejection, persistence led to an interview and the job offer.

19 May 2026 8:45 pm
Israeli forces fired shots at Gaza aid flotilla vessels, video shows

Video from the flotilla's livestream showed soldiers firing shots at two of the boats, but the type of ammunition was not clear. Another spokesperson for the flotilla said six vessels had been fired at.

19 May 2026 8:42 pm
Karnataka: Four ministers close to CM Siddaramaiah meet over breakfast in Bengaluru as leadership change buzz grows

Karnataka ministers met for breakfast fueling leadership change rumors. The gathering occurred before an event marking three years of the Congress government. Speculation surrounds Home Minister G Parameshwara as a potential successor. Deputy CM DK Shivakumar visited a temple, adding to the political buzz. The party high command has yet to clarify its stance on the leadership question.

19 May 2026 8:42 pm
What is Mini Shai-Hulud npm supply chain attack, and was Microsoft and Socket hit by malware? Full explainer on npm malware spread

What is Mini Shai-Hulud npm supply chain attack, and was Microsoft and Socket hit by malware? A new npm supply chain attack hit hundreds of packages linked to the @antv ecosystem. Attackers used a compromised maintainer account to publish malicious versions that stole credentials and spread across repositories. Microsoft and Socket confirmed investigations and detections. The incident shows how dependency attacks can spread fast across CI/CD, cloud services, and developer tools worldwide.

19 May 2026 8:36 pm
IPL money can put players in cosy space, but find drive to commit to sport for 10-15 years: Virat Kohli

Virat Kohli advised young cricketers to focus on long-term commitment to the sport. He highlighted the allure of instant fame and money from T20 cricket. Kohli stressed the importance of developing a drive to become true all-format players. He noted that modern players possess advanced power-hitting skills.

19 May 2026 8:29 pm
Not going to let world be blown up on my watch: Trump says US may need to hit Iran again

President Donald Trump revealed the United States was an hour away from striking Iran before he postponed the decision. He stated that Iran's leaders are currently seeking a deal with the U.S. The President's comments indicate a tense and evolving situation with Iran.

19 May 2026 8:23 pm
Quote of the day by Michel de Montaigne: 'The greatest thing in the world is to know how to...' - life lessons on finding peace within yourself and why self-belonging matters more than social approval by the father of essays and French Renaissance philosopher

Michel de Montaigne's quote emphasizes self-belonging, the comfort of being oneself without external validation. In a world of societal expectations and social media, this inner connection is crucial for emotional grounding and stability. His essays highlight the importance of self-understanding and authenticity, offering reflections on human nature and self-awareness.

19 May 2026 8:20 pm
Michael Burrys AI crash warning grows louder: Is Nvidia-driven hype and record venture capital funding pushing Wall Street toward another dot-com disaster?

Michael Burrys AI bubble warning is shaking Wall Street after fresh data showed 87% of venture capital funding now flows into artificial intelligence companies. The Big Short investor compared todays AI investment boom to the dangerous dot-com bubble before the 2000 market crash. Burry warned that rising AI debt, aggressive tech valuations, and risky corporate borrowing could trigger a major financial correction. His latest analysis also questioned whether AI profits can realistically justify to

19 May 2026 8:17 pm
Quote of the Day by Leo Buscaglia: Risks must be taken because the greatest hazard in life is Life lessons by Dr Love on how taking a chance is important and why playing it safe can cost you everything

Quote of the Day: Leo Buscaglia believed people were capable of remarkable compassion and personal transformation once they stopped letting fear dictate their decisions. His message was simple yet deeply powerful: life becomes more meaningful when people are willing to risk disappointment in pursuit of something that truly matters.

19 May 2026 8:15 pm
US HR tech firm Isolved opens GCC in Hyderabad, its biggest campus outside the US

US-based HR tech firm isolved has established its largest global capability center outside the US in Hyderabad, India. The company plans to hire 400 employees by 2027 to scale engineering, AI, and product development for its human capital management products. Hyderabad was chosen for its infrastructure, existing HR tech ecosystem, and talent pool.

19 May 2026 8:00 pm
Delhi horror: Man dies after allegedly setting himself on fire outside wifes home in Jahangirpuri

A man died in North West Delhi after setting himself on fire outside his wife's home. Police are investigating the incident. The deceased's wife and mother-in-law are in custody. Preliminary inquiries suggest ongoing matrimonial disputes. The man allegedly threatened suicide before the incident. Further investigation is underway.

19 May 2026 8:00 pm
India, Nordic nations agree to elevate ties to Green Technology and Innovation Strategic Partnership

India and Nordic nations have forged a Green Technology and Innovation Strategic Partnership. This collaboration aims to boost clean energy, trade, and the blue economy. Prime Minister Modi met with Nordic leaders to strengthen ties. Both sides are committed to a rules-based global order and resolving conflicts. Discussions also covered sustainability and emerging technologies for a peaceful future.

19 May 2026 7:58 pm
UPSC optional marks row: RTI applicant, DoPT both warn of coaching institutes' misuse before CIC

A dispute over UPSC Mains marks disclosure has reached the Central Information Commission. An RTI applicant and the Department of Personnel and Training both fear coaching institutes could misuse subject-wise marks. The applicant argues lack of transparency allows exploitation. The DoPT fears selective projection of 'high scoring' optional subjects.

19 May 2026 7:56 pm
Quote of the Day by Legendary French-American diarist Anas Nin: Love never dies a natural death. It dies because Inspiring lessons on relationships, care, attention, and why love needs constant efforts by the writer known for psychological insight into human emotions and intimacy

Quote of the Day by Anas Nin: Anas Nins quote, Love never dies a natural death. It dies because we don't know how to replenish its source explores the fragile nature of love and emotional connection in relationships. The quote suggests that love does not fade on its own, but weakens when care, attention, understanding, and emotional effort are not continuously nurtured between people.

19 May 2026 7:46 pm
G7 finance ministers vow cooperation to face 'heightened risks'

Global economic leaders met in Paris to tackle instability caused by the Middle East war. They pledged cooperation to manage challenges like energy and food supply disruptions. Discussions also covered tariffs and Russia. The G7 aims for coordinated responses to global economic risks. Leaders will meet again in Evian to discuss critical minerals and global imbalances.

19 May 2026 7:42 pm
He earns so much in Canada: Indian man reveals tree trimmers hourly income, internet reacts

An Indian man in Canada shared his experience paying CAD 700 for an hour of tree trimming. The high cost reflects the worker's year-round employment, technical skills, specialized equipment, and inherent risks. Social media users acknowledged the value of practical skills in Canada, noting the significant earnings potential for skilled tradespeople.

19 May 2026 7:39 pm
The reason your boss emails you at 10pm is your own fault, and one button fixes it forever

Remote work boundaries are becoming a major work from home survival strategy in todays always-online culture. Many freelancers and remote employees now use the Schedule Send email hack to protect work-life balance and reduce burnout. Late-night replies create permanent expectations. Smart remote workers draft emails anytime but schedule delivery for office hours. This simple productivity habit protects mental peace, improves professional communication, and helps remote professionals regain contr

19 May 2026 7:34 pm
Mumbai to get 15,000 AI-powered CCTV cameras under Rs 2,140-cr surveillance project

Mumbai is set to significantly enhance its public safety with 15,000 new AI-powered CCTV cameras. This Rs 2,140 crore project will integrate advanced features like facial recognition and speed detection. The initiative aims to strengthen real-time monitoring and assist law enforcement. The expanded network will also aid in traffic management and disaster response, improving overall urban safety for citizens.

19 May 2026 7:25 pm
GRAP-1 imposed in Delhi-NCR: Full list of restrictions, bans and permitted activities

Delhi-NCR has entered Stage 1 of the Graded Response Action Plan (GRAP) as air quality dropped to the 'poor' category with an AQI of 208. The Commission for Air Quality Management (CAQM) has implemented restrictions, including a ban on coal and firewood in tandoors and limited use of diesel generators.

19 May 2026 7:12 pm
Chinese Proverb of the day: A man may conquer the field with force, but a wise woman wins Ancient truth about women, patience and emotional power everyone is talking about

The proverb of the day offers a powerful perspective on the many ways people can become strong. Some pursue victory through force, while others build lasting influence by encouraging growth in the people and world around them.

19 May 2026 7:02 pm
India, Norway sign agreements to strengthen cooperation in science and technology

India and Norway are entering a new era of scientific collaboration, with fresh agreements between the Council of Scientific and Industrial Research and Norwegian research and industry organizations. These alliances are designed to accelerate progress in vital sectors such as renewable energy, maritime research, and healthcare initiatives.

19 May 2026 7:00 pm
Hearing crows in your garden during the day? Heres what it may mean and why it could be a good sign

Crows cawing in gardens are usually a sign of ordinary activities like food searches, territorial marking, or communication, not superstition. Their presence indicates a healthy environment with resources. While not a cause for alarm, avoid feeding them and focus on proper waste management to support urban wildlife.

19 May 2026 6:57 pm
Meta layoffs to start from tomorrow: which teams will be affected? Here's the breakdown

Meta layoffs tomorrow: Meta is initiating a significant round of layoffs, impacting approximately 10% of its global workforce, as it restructures to prioritize artificial intelligence workflows. This strategic shift involves transferring around 7,000 employees into new AI-focused initiatives and adopting flatter organizational structures to enhance efficiency and decision-making.

19 May 2026 6:54 pm
Video, satellite photos show Iran war oil spill on Persian Gulf island

A recent attack on an Iranian oil refinery has led to a devastating oil spill impacting Shidvar Island, a vital wildlife breeding ground in the Persian Gulf. Videos reveal oil-soaked shores and distressed marine life, highlighting the war's severe ecological toll. This incident follows other environmental damage from attacks on oil facilities and shipping routes.

19 May 2026 6:45 pm
UGC NET registration deadline: Check date, time, ways to apply and other important instructions

The National Testing Agency (NTA) has reminded candidates that the registration window for the UGC NET June 2026 examination closes on May 20, 2026. Applicants must complete both the application and fee payment process by 11:50 pm on the deadline. Candidates are urged to carefully review all details before submission, as corrections may not be permitted later.

19 May 2026 6:43 pm
Forget blood tests, your cell's sugar coat may be the earliest cancer signal we have ever found

A new study shows that over 90% of cancer cases begin with subtle cellular changes before symptoms appear. Scientists now highlight hidden sugar patterns on human cells cancer early detection as a powerful breakthrough in diagnostics. These microscopic glycocalyx sugar shifts act like biological signals of disease. Researchers say advanced glycan mapping and cell surface sugar code analysis can now separate healthy and cancerous cells with high accuracy. This discovery may reshape early cancer d

19 May 2026 6:41 pm
Quote of the day by Helen Keller: 'There is beauty in everything, even in silence and...' Life lessons on peace, human behavior and love by popular American author and educator

Quote of the day by Helen Keller reminds readers about hope, silence, darkness, human behavior, peace and love. The quote highlights meaning, relevance, life lessons and the life story of Helen Keller. It explains her education, achievements, books, activism, communication methods and global impact. The article explores lessons from the quote and its value in daily life today.

19 May 2026 6:41 pm
Today's inspirational quote: Patience and silence are powerful energies. Patience makes you mentally strong. Silence makes you Life lessons on self-control, mental health, handling pressure and why what's left unsaid says it all

Inspirational quote of the day, You learn nothing from life if you think you are right all the time, explores the importance of humility, self-awareness, and open-mindedness in personal growth. The quote suggests that true learning happens when individuals are willing to question their own beliefs, accept mistakes, and remain open to different perspectives instead of assuming they are always correct.

19 May 2026 6:40 pm
India-Nordic partnership set to usher in golden era, says PM Modi

India and Nordic nations are poised for a new era of strong ties. Prime Minister Narendra Modi announced this following new trade agreements. These pacts with Norway, Iceland, and other EFTA countries, along with the India-European Union Free Trade Agreement, will boost relations. Denmark, Finland, and Sweden are key partners in these developments.

19 May 2026 6:32 pm
NATO jet shoots down stray Ukrainian drone in Estonia

A NATO fighter jet shot down a Ukrainian drone in Estonian airspace after it was reportedly diverted by Russian jamming. This marks the first such interception in a Baltic state since Russia's invasion of Ukraine. The Ukrainian defence minister apologized for the incident, which occurred during NATO exercises.

19 May 2026 6:29 pm