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Social Security benefits at risk in 2032: Will 35 new Senators prevent a 22% cut?
Social Security benefit cuts 2032: Social Security faces a potential 22% benefit cut in 2032 as its retirement trust fund is projected to run out of reserves. Thirty-five newly elected senators will have to confront the funding challenge, with proposals ranging from raising payroll tax limits on high earners to changing how retirement funds are invested.
From eastern airbase, Rajnath Singh calls for highest readiness
Defence Minister Rajnath Singh addressed air warriors at Bagdogra Air Force station regarding national security threats. He highlighted the need for armed forces to maintain high operational readiness amid complex security challenges. Singh noted that adversaries may exploit vulnerabilities through misinformation instead of direct confrontation.
Warfare now extends beyond borders to cyberattacks, drone swarms and information operations: Rajnath Singh
Defence Minister Rajnath Singh addressed the Indian Air Force personnel at Bagdogra airfield recently. He highlighted the complexities of modern warfare, which now includes cyberattacks and information operations. Singh warned that adversaries exploit vulnerabilities without direct conflict and spread misleading information via social media. He urged soldiers to maintain vigilance against emerging threats while emphasizing the importance of discipline and conduct.
Four-star Gurnoor blows away New Zealand as hosts bowled out for 134
Gurnoor Brar led India's bowling attack with an impressive performance, taking four wickets against New Zealand. The inexperienced bowlers restricted the hosts to a low score of 134 in the second ODI. Auqib Nabi and Anshul Kamboj also contributed with two wickets each, while Arshdeep Singh maintained economic bowling. Daryl Mitchell was the only player to score a half-century for New Zealand during the match.
Wall Street grapples with $5.7 trillion rout as AI bets unwind
Wall Street is undergoing notable shifts as worries about the AI investment frenzy and political developments arise. This sharp sell-off brings forth doubts about the viability of AI infrastructure investments, scrutinizing valuations and corporate expenditures. The Democratic majority in Congress poses regulatory challenges, amplifying economic tensions. Investors are leaning towards more conservative sectors, yearning for assurance that AI investments will deliver anticipated results amidst these turbulent times.
US stocks today: Nasdaq rebounds from tech rout but extends weekly losing streak to four weeks
US stocks rebound as chipmakers recover from Thursday's steep selloff, but the Nasdaq records its fourth consecutive weekly decline. Nvidia, AMD and Sandisk lead technology gains as investors reassess AI investment concerns. Strong October jobs data also revive December Fed rate hike bets, adding another challenge for Wall Street.
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Trump's grand arch project hits legal roadblock
A major point of contention is the proposed location of the 250-foot (76-metre) structure, next to Arlington National Cemetery, the final resting place of hundreds of thousands of American service members. The giant arch would be considerably taller than the Arc de Triomphe in Paris, which inspired the design.
Who is Shehzad Poonawalla? He beat Priyanka Chahar Choudhary to win Rise and Fall Season 2. Check the prize money
Rise and Fall Season 2 concluded with Shehzad Poonawalla taking the crown and Priyanka Chahar Choudhary finishing as the runner-up. The grand finale included six finalists and ended with Niharika Tiwari's fifth-place elimination. Karan Patel and Swara Bhasker also exited, leaving just Shehzad, Priyanka, and Gautam Gulati, who placed third.
Japan's Nikkei slumps more than 5% as market rout deepens on AI worries
Japan's Nikkei share average plummeted over 5% amid escalating market fears tied to regulatory scrutiny and a slowdown in artificial intelligence advancements. This drop followed the Democratic wins in the US midterm elections, sparking substantial sell-offs in traditional tech stocks. Both S&P 500 and Nasdaq indices recorded significant losses in earlier sessions, signaling a prevailing cautious mood in the global tech stock landscape.
Pant set to miss third India A Test against New Zealand A, availability for Test series in doubt
Rishabh Pant is recovering from a side strain and will miss the third unofficial Test against New Zealand A. Jasprit Bumrah and Ravindra Jadeja are expected to play in this match to prepare for upcoming Tests. Tilak Varma has joined the India A squad as Pant’s replacement, and Dhruv Jurel will continue to lead the team.
AI backlash could threaten Anthropic IPO timing, potential investors say
Investors are pushing for a more attractive valuation to commit to the offering, with some viewing the recently discussed $1.5 trillion valuation as being at the high end of expectations, the people told Reuters.
At 32, he battled and survived stage 3 cancer. At 50, he lost his job. Man reveals how he dealt with curveballs: ‘Rebuilding is less terrifying when…’
Motivational speaker Edgar Tang recently posted on Instagram to highlight various notable achievements he has attained throughout different phases of adulthood. He disclosed that at the age of 51, he was in superior physical condition compared to when he was 21. He obtained his diploma at 44, started therapy at 46, survived cancer at 32, and assumed caregiving duties at 38.
What is Polyamory? Inside California City's decision to legally recognize throuples and foursomes as domestic partners
In a significant step towards inclusivity, West Hollywood's new ordinance permits polyamorous relationships to be officially registered as domestic partnerships. This change provides legal safeguards for multi-partner families regarding hospital visitations and housing security. However, it does not extend full marriage benefits or inheritance rights. Following the lead of Somerville and Cambridge in Massachusetts, this ordinance showcases a growing acceptance of varied family dynamics while maintaining traditional marriage statutes.
AI data center stocks dip, renewables surge after Democrat sweep in US midterm elections
The Democratic sweep, which included victories in traditional Republican strongholds and key data-center hubs Texas and Georgia, will usher in divided government in Washington and raises the prospect of greater congressional oversight of industries that benefited from Republican control.
AI data center stocks dip, renewables surge after Democrat sweep in US midterm elections
AI data centre stocks declined while renewable energy and healthcare shares rallied after Democrats won control of Congress in the US midterm elections. Investors assessed the possibility of tighter AI oversight and continued clean energy support. Defence contractors and prison operators fell amid concerns over changing government spending and immigration policies.
ETtech Explainer: Why Meta is raising billions through bonds
Developing AI models and offering AI-powered services requires enormous computing capacity. This involves building data centres, purchasing specialised chips and servers, expanding cloud infrastructure, and securing the electricity needed to run these facilities.
Quote of the day by Kansas senator-elect Adam Hamilton: 'Our fears were meant to move us. The moment we start taking action...' A powerful lesson on overcoming fear and self-doubt
Adam Hamilton, the Methodist pastor who defeated Republican Senator Roger Marshall in Kansas, shared a message about overcoming fear. In his blog, he explained how fear can protect us but should not hold us back. His FEAR acronym encourages people to face fears, examine assumptions, take action against anxiety and release worries to God.
Meta kicks off first euro bond sale in latest test for tech sector
Meta Platforms has initiated a significant bond sale, marking its first offering of euro-denominated bonds aimed at financing its investments in AI and infrastructure development. In addition, the tech giant plans to raise $15 billion through a US dollar bond offering this week. Despite ongoing concerns about growth in the AI sector and regulatory challenges, technology companies continue to pursue funding opportunities.
‘Failed lame-duck president’: Georgia Democrat Senator Jon Ossoff blasts President Trump after winning, says ‘First light of dawn is on horizon’
Jon Ossoff has successfully retained his Senate seat in Georgia, defeating Republican Mike Collins with a commanding 59% of the vote to Collins' 40%. Ossoff took the opportunity to criticize the former president's administration while addressing pressing issues like rising living costs. This election also indicates a major shift in voter sentiment in Georgia, with Democrats projected to secure substantial control of the House of Representatives.
Vivek Ramaswamy asks Ohio voters to back him, promises lower taxes and safer streets
Republican candidate Vivek Ramaswamy urged Ohio voters to support him in the upcoming gubernatorial elections. He promised to reduce property taxes, lower electricity bills, and improve housing affordability. Ramaswamy emphasized the need for public safety and accountability from elected officials. After voting in Columbus, he acknowledged the difficult times families are facing. His main competitor is Amy Acton, a Democratic candidate and former Ohio state health director.
Stay empty, stay stupid
In our modern society, ignorance has paradoxically transformed into a desirable trait. Confidence is often prized over knowledge, leading to a scenario where individuals who display folly are celebrated for their relatability. This trend signifies a cultural shift where foolishness is regarded as aspirational, prompting a reevaluation of intelligence and creating an unusual social atmosphere that values bravado over intellect.
Fridge hacks and finance attacks flag AI insecurity
The growing use of AI in cyberattacks could pose a major threat to the global economy, financial markets and critical infrastructure, according to a Reuters commentary by Mike Dolan.
Mehbooba Mufti bats for dialogue, opening of roads to central Asia, calls National Conference the original traitor in Jammu and Kashmir
Mufti, while addressing the worker's convention here in Srinagar also blamed the ruling National Conference for the 'mistrust' between the central government and J&K as they frequently shifted its political stand.
Global Market Today: Asian stocks slide as US chip selloff deepens
The MSCI Asia Pacific gauge dropped 0.4% with South Korea’s Kospi Index sliding almost 3%. In the US, a gauge of chipmakers extended a three-day rout to 12% and the Nasdaq 100 sank 10% from its peak, entering a technical correction. In a sign some investors are looking to buy on dips, US stock futures gained. Japan is closed for a holiday.
Kimi Antonelli's historic title-winning F1 season in 5 key moments
Kimi Antonelli has achieved a historic milestone by becoming Formula 1's youngest champion at just 20 years old. He faced significant challenges during the season, including early self-doubt and fierce competition from teammates. Antonelli turned his season around with a breakthrough win in China and a subsequent five-race winning streak. His determination was evident even during difficult moments, showcasing his grit and resilience.
India-Bangladesh Ganga water treaty renewal in doubt as December deadline nears
The 1996 India-Bangladesh Ganga water-sharing treaty faces uncertainty ahead of its December 12 expiry, with New Delhi unlikely to renew it automatically without a visit by Bangladesh PM Tarique Rahman. Both countries are weighing changes to the agreement, amid India's rising domestic water needs and Bangladesh's push for revised allocation terms.
Wall Street tech rout deepens on doubts over AI spending
Major US tech stocks have taken a hit as investors react to underwhelming earnings and worries about AI spending. Giants like Microsoft, Amazon, and Alphabet revealed hefty investments in AI systems along with rising debt. Intel's troubles intensified with a disappointing revenue outlook, driven by costly components and fierce rivalry.
Amit Shah lays out UP poll agenda: UCC and Hindutva
Amit Shah praised CM Yogi Adityanath's law-and-order record and implementation of central welfare schemes, amid speculation over differences between the state leadership and the BJP's central leadership. Addressing BJP's state executive meeting in Lucknow, Shah asked party workers to put aside all doubts and distractions and focus single-mindedly on the party's victory.
In 1835, Maryland built a curved railway bridge from 63,000 tons of granite - critics thought it would collapse, but trains still cross it today
The Thomas Viaduct, completed in 1835, stands as a testament to innovation in American railway engineering. Built with 63,000 tons of granite featuring a curved design, this bridge overcame early doubts about its strength. It was recognized as a National Historic Landmark in 1964, emphasizing its cultural importance. Today, it exemplifies how historic structures can be preserved while supporting contemporary transportation needs.
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