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US Fed minutes signal another rate hike by year-end as inflation stays high
According to the latest minutes from the US Federal Reserve, officials hint at a possible interest rate rise by year's end in response to ongoing inflation challenges. With inflation reaching a high of 7.2% in June 2022, fluctuations have continued amid worries over geopolitical events and escalating energy costs. The Fed faces the complex task of controlling inflation while ensuring stable employment within the economy.
Newsom vs Trump: California governor demands 25th Amendment after controversial LA, San Diego remarks. Here's what the US President said
California Governor Gavin Newsom has called for the invocation of the 25th Amendment against President Donald Trump. Newsom labeled Trump as mentally ill following his controversial comments at a Nebraska rally. Various California politicians criticized Trump's remarks about cities like Los Angeles and San Diego. Trump's statements are concerning for Republicans as they may energize Democratic voters ahead of the midterms.
103-year-old World War II veteran still runs a basement bar in Maryland that would be illegal to open today
At 103, World War II veteran Irvin Koch is still behind the counter at Irv’s Basement Bar in Maryland, a watering hole he has run since 1963. But there is a surprising reason his unusual home-based bar has survived for more than six decades: modern zoning rules would make it extremely difficult for anyone to open a similar establishment today.
US stocks: Webull shares plunge 18% after report flags structural ties to China
Webull shares fell by more than 18% following a report connecting the platform to the Chinese government. The House Select Committee on China revealed discrepancies between Webull’s marketing and its operational reality. Concerns were raised about the company’s reliance on infrastructure subject to Chinese laws. Analysts expressed uncertainty about the regulatory implications affecting the stock's performance. This scrutiny reflects growing apprehension in Washington regarding Chinese involvement in critical US sectors.
Quote of the day by Chloe Kim: ‘I’ve realized that nothing’s in my control. The more I try to control things, the more problems I’ll have’ - Olympic medalist on letting go of uncertainty for a more peaceful life
Chloe Kim's quote captures her changing outlook on success, noting the pressures that arise from control. She highlighted the importance of personal freedom and nurturing relationships. Following her ADHD diagnosis, Kim discovered newfound clarity that transformed her life. As a two-time Olympic gold medalist and a prominent figure in snowboarding, her story signifies a transition from sheer competition to embracing well-being and self-acceptance.
Vance, in interview, says Iran must make ‘meaningful’ enrichment cuts to end seven-month war
US Vice President JD Vance stated that Iran must significantly reduce its nuclear enrichment capacity to meet US demands. Vance expressed uncertainty about how decisions are made in Iran's leadership following recent clashes. The US maintains that they will not make concessions without concrete Iranian nuclear actions. Simultaneously, the war has raised political concerns for President Trump and the Republican party before the midterm elections.
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The day the fault lines cracked: October 7’s aftershocks travelled from Israel and Gaza to Iran, Red Sea and $100 oil
It started at the Gaza border. Then came Hezbollah, Houthi attacks, rerouted ships, an Israel-Iran war, American strikes and an oil shock. Three years after October 7, the Middle East’s fault lines have cracked open far beyond where the first shots were fired.
Britain likely to expel Israeli diplomats if Jerusalem consulate closes, sources say
Britain could expel Israeli diplomats if Israel follows through on its order to shut the British consulate in East Jerusalem this week, according to sources cited by Reuters. The dispute stems from Britain’s planned ban on trade in goods from Israeli settlements in the occupied West Bank, with the consulate’s 30-day closure deadline ending on Thursday.
War-weary northern Israelis rethink loyalty to Netanyahu before election
Residents in northern Israel are reassessing their political support for Prime Minister Netanyahu as elections approach. Many former supporters express dissatisfaction with the government's handling of recent conflicts. Displaced individuals and business owners cite ongoing trauma and economic struggles following years of warfare. While some still support tough measures against threats, others demand significant change in leadership. The forthcoming election could see a shift in voter loyalty amidst these challenges.
Donald Trump approves execution of Nidal Malik Hasan, former US Army psychiatrist who killed 13 in 2009 Fort Hood shooting
Nidal Malik Hasan is set to face execution after being convicted for the deadly mass shooting at Fort Hood in 2009 that claimed 13 lives. The execution, sanctioned by Secretary of War Pete Hegseth and President Donald Trump, will be conducted by an army firing squad, as confirmed by chief Pentagon spokesperson Sean Parnell.
Haldia to revamp feedstock mix after Mideast war hit supplies, executive says
In response to disruptions from the Middle East conflict, Haldia Petrochemicals Ltd is set to broaden its feedstock sourcing strategies. Currently reliant on 50% local supply and 50% from the Middle East, HPL plans to enhance its processing abilities by using condensate and up to 30% LPG at its West Bengal facility next year.
Ukraine scrambles for money to fight war as Russian strikes batter economy
Kryvyi Rih, the hometown of President Volodymyr Zelenskiy, is severely impacted by Russian airstrikes disrupting economic activities. The city's largest employer has halted operations, contributing to a dire financial situation. Ukraine faces a significant budget crisis requiring $56 billion for this year to address military and economic needs. Delayed foreign aid adds to the challenges in funding essential services and defense spending.
India may be best placed to fill a China-sized hole in fuel exports
India could emerge as a key swing supplier of refined fuels as China suspends October exports, helped by recovering Middle Eastern crude imports and lower Indian fuel-export taxes. With large refining capacity and an export-oriented industry, Indian refiners may be able to step up diesel, petrol and jet-fuel shipments to Asian markets facing tighter supplies.
Markets bet on RBI rate hike as inflation pressure builds
As inflation concerns rise, investors are putting their faith in the Reserve Bank of India to implement an interest rate hike. A survey reveals that nearly 60% of economists believe a 25-basis-point increase is likely at the coming policy meeting. With an eye on foreign investment, expectations are growing for a tightening cycle to kick off in October, setting the stage for how future capital flows will be managed.
US bombers redeployed to home bases after RAF Fairford terror attack probe
The U.S. Air Force has brought home its bombers stationed at RAF Fairford due to security concerns. An investigation into a potential terror attack has resulted in the arrest of several individuals. U.S. officials have indicated that additional military forces are being deployed to the Middle East. President Donald Trump has signaled continued military action against Iran may be considered. The situation remains fluid, with escalating tensions in the region.
Yemen's government declares a major operation against the Houthis
Yemen's government has launched a military operation against the Iran-backed Houthi rebels near Taiz city. An Israeli airstrike in Gaza killed one Palestinian while wounding several others, amid an increase in such strikes. The Houthis have reportedly targeted Saudi oil facilities in recent conflicts, claiming significant strikes. Meanwhile, Iran has expressed openness to diplomatic solutions to ongoing tensions. The situation remains volatile as regional conflicts continue to escalate.
'Our side is ready to support': Zelenskyy expresses readiness for US-proposed trilateral talks with Russia
Ukraine is ready for a proposed trilateral meeting with the US and Russia at the technical level by the end of October, President Volodymyr Zelenskyy said. The announcement came after fresh Russian drone and missile attacks across Ukraine, while India said it was separately engaging Moscow and Kyiv on issues including Black Sea shipping and exports.
Who is Dominick Critelli? 105-year-old WWII veteran plays national anthem on saxophone at Islanders game - Watch Viral Video
Dominick Critelli, a 105-year-old World War II veteran, performed the national anthem on saxophone at an Islanders game. He previously played the anthem at UBS Arena when he was 104 and was recognized for his service. Critelli has received several military honors for his bravery during World War II. His passion for music has remained strong throughout his life, continuing to honor his country.
Gaza ‘reduced to rubble’: Angelina Jolie shares before-and-after satellite images of destruction due to palestine war; details inside
Angelina Jolie shared satellite images of Gaza showing extensive destruction caused by the ongoing Israel-Hamas conflict. In her Instagram post, Jolie emphasized the urgent humanitarian needs of residents left without shelter and essential supplies. She cited UN satellite analysis indicating that a significant percentage of structures have been damaged or destroyed. Jolie called for immediate aid to ensure that the needs of civilians are met as winter approaches.
Pakistan took full advantage of Indus Waters Treaty following India’s unequal concessions: PK Saxena
Former Indian Indus Waters Commissioner PK Saxena called the Indus Waters Treaty unequal, saying India made concessions while Pakistan exploited the 1960 pact to delay hydropower development in Jammu and Kashmir. The treaty, brokered by the World Bank, survived wars but was placed in abeyance by India in April 2025 after the Pahalgam terrorist attack, amid growing water and security concerns.
Gears of War: E-Day Reviews: Marcus Fenix returns in style. Read what gamers are saying
Gears of War: E-Day is set to hit your screens on October 6, 2026. This highly anticipated prequel rejuvenates fan-favorite characters, Marcus Fenix and Dominic Santiago, as they tackle the chaos of Emergence Day. With online co-op for up to four players and an exciting competitive multiplayer mode, players can experience thrilling Horde Siege challenges in teams of 12.
Iran readies harder retaliation if attacked as diplomacy faces long odds
Iran is intensifying its military response planning amid fears of US military escalation in the region. Senior commanders are considering broader targets beyond US-linked assets in their strategic discussions. Diplomatically, Iran has proposed a plan through Qatari mediators to halt fighting and resume oil exports. Economic pressures and fears of unrest within Iran complicate the situation for the leadership.
AI agent wars: OpenAI’s Dots wades into a market warmed up by Instinct and Meta’s Muse
The launch of OpenAI's Dots comes amid the agentic frenzy launched by Meta's Muse earlier this month. Muse targets professionals and companies, and also caters to everyday consumers and small businesses as well. Startups and open-source projects such as Instinct and OpenClaw are also part of this market.
Congress decides to replace Amrinder Warring after Sachin Pilot got organisational feedback
After taking feedback from party leaders and workers in Punjab, state in-charge Sachin Pilot is pushing for a change at the helm. The party leadership is considering replacing state chief Amrinder Singh Raja Warring as it looks to ease factional tensions and bring rival camps onto a common platform ahead of the 2027 Assembly elections.
Greer urges G20 to back Trump tariff agenda, takes aim at China
US Trade Representative Jamieson Greer urged G20 major economies to refrain from coercive food trade actions. He emphasized the need to tackle industrial overcapacity and reassess the existing tariff system. Greer highlighted concerns regarding China's industrial policies contributing to excess capacity in global markets. Discussions among G20 members included potential tariffs on steel from countries with overproduction issues.
Russia sends nuclear warning to NATO as tensions rise in the Baltic
Russia has issued a grave caution to NATO concerning nuclear weapons, highlighting increasing worries about NATO's perceived moves to alienate the Kaliningrad Region. With relations strained following the 2022 Ukraine invasion, NATO emphasizes its dedication to its member states and support for Ukraine. Analysts voice concerns over potential misjudgments that might escalate into an open conflict, further heightening the existing tensions between Europe and Russia.
Iran's Revolutionary Guards urge US Voters to reject Donald Trump's Policies
Iran's Revolutionary Guards have written an open letter appealing to American voters to reject President Donald Trump's policies. They argue that with a policy change, peaceful coexistence between Iran and the US is possible. Additionally, they criticised the US support for Israel and foreign wars as detrimental. The letter contends that Iran's nuclear program is peaceful, though Israel views it as a threat.
US job openings slipped to 7.1 million in August but labour market remains sturdy
US employers posted fewer job vacancies in August, but the broader American labour market remains resilient against price shocks caused by the fighting in Iran. Openings came in below the 7.2 million expected by forecasters. Layoffs as well as the number of people quitting their jobs also fell. Employers have added an average of 80,000 jobs a month so far this year. The next jobs report is set for Friday.
Oil prices up, and S&P 500 and Nasdaq futures down as Trump rejects Iran peace deal
Oil prices rise more than 1% while S&P 500 futures and Nasdaq futures are down by 0.1%. President Donald Trump has publicly rejected Iran's proposal to reopen the Strait of Hormuz.
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