STATISTICAL PROBABILITY
Infosys Prize 2026 honours six young researchers across science & arts
At a recent press event, the Infosys Science Foundation celebrated the winners of the Infosys Prize 2026, honoring six promising early-career researchers for their remarkable achievements in diverse fields. Each recipient will be awarded a gold medal along with a substantial monetary prize of $100,000, designed to motivate emerging scholars and further their academic journeys, while reinforcing the foundation's commitment to fostering innovation and research excellence.
Donald Trump says he sleeps just 4-5 hours a night. What does science say about sleeping less, and how much sleep do Americans need?
Donald Trump reportedly operates on just four to five hours of sleep each night. Research indicates that most adults require seven to eight hours for optimal health. Sleep deprivation raises health risks and affects daily functioning for millions of Americans. Studies show that inconsistent sleep patterns can worsen heart health and increase the risk of serious conditions. Prioritizing a consistent sleep schedule is crucial for maintaining overall well-being.
Fed’s Christopher Waller opens door to 50-basis-point December rate hike after hot CPI
Federal Reserve Governor Christopher Waller has raised the possibility of a 50-basis-point December rate hike after US core inflation rose 0.3% in October. Persistent price pressures have intensified debate over tighter monetary policy and the Fed's inflation-fighting credibility.
Federal Reserve rate hike bets strengthen as US jobs growth beats estimates
Stronger than expected US jobs growth has revived expectations of a December Federal Reserve rate hike, with employers adding 165,000 jobs in October against estimates of 65,000. The unemployment rate fell to 4.1%, while markets raised the probability of a quarter point hike to 85% and brought forward expectations of another increase.
IIT graduate’s father was a sweet seller in Lucknow; he got 48% in class 5, later went on to get top grades in IIT, today earns more than Rs 2 crore per year as AI engineer: ‘I earn in a month…’
Tejash Vaish was once part of a humble family in Lucknow, where his father made a living by selling sweets. Although he faced academic challenges throughout his school years, he ultimately changed his circumstances through dedication and effort. Currently, he has a computer science degree from IIT Kanpur and is employed in Dubai, earning an impressive yearly salary exceeding Rs 2.5 crore.
Prediction markets face US midterms test as election bets soar
In the race towards the US midterm elections, over $1.48 billion has been wagered through prediction markets such as Kalshi and Polymarket, highlighting their role in shaping political discourse. Experts raise alarms about the potential fallout if market outcomes deviate from real election results, which could undermine credibility. Notably, key Senate contests are intensifying market activity, indicating favorable odds for Democratic gains in Congress.
US midterm elections 2026: Who runs the exit polls? The SSRS survey behind every network’s projections
The Voter Poll uses multiple methods to reach voters and combines interviews conducted at polling locations with surveys conducted through mail, telephone and online platforms. The approach is designed to include people who vote in person on Election Day, those who vote early and those who can cast ballots by mail.
Only a weatherman knows which way the wind blows: Why science and truth matter in an AI-driven world
Pressure, a film by Anthony Maras, vividly captures the turbulent atmosphere of the D-Day operation in World War II, focusing on British meteorologist James Stagg and his American counterpart Irving Krick. As they navigate the unpredictable weather, their conflicting methods illuminate an important truth: history hangs on fleeting moments and the quality of information, warning us against over-reliance on AI in critical decision-making today.
Meet Jamie Siminoff, who spent his last $20,000 on a Shark Tank pitch but got rejected; how he went on to sell Ring to Amazon for $1 billion; know his career journey
Siminoff appeared on reality show Shark Tank in 2013 to seek funding for Doorbot. He asked investors for $700,000 in exchange for a 10% stake, valuing the company at $7 million. He presented Doorbot as an ID system for doorbells. During the pitch, he said the company had generated approximately $1 million in business during its first nine months. Each unit was priced at $199.
UK new minimum wage 2027: What will the new rates be, how much more will workers earn, and when does the new minimum wage start?
UK minimum wage 2027: The UK minimum wage will rise by 3.9% in April 2027, taking the hourly rate to £13.21 for workers aged 21 and over and £11.27 for those aged 18 to 20. Here's what to know about the new minimum wage 2027, how much more workers will earn and when the new rates take effect.
Couple earning $275K a year couldn’t afford a second child, quit their jobs and started a business so other parents could save nearly $15K a year
A couple from Brighton, grappling with the financial strain of soaring childcare costs and mortgage expenses, embarked on a journey of discovery into taxation and childcare support options. After achieving significant savings, they founded Wealthy Parent Guide, a business dedicated to helping other high-income families maximize their childcare savings. Their initiative seeks to alleviate the burdens faced by working parents throughout the UK, providing them with essential resources and guidance.
US yields jump as hot consumer inflation boosts rate hike bets
In September, the US Treasury yields climbed as the Consumer Price Index (CPI) showed a surprising rise of 0.6% month-over-month and 3.7% year-over-year. This unexpected inflation report heightened the chances of an interest rate hike by the Federal Reserve in December, signaling a potential response to ongoing inflationary pressures. Market sentiments are now leaning toward the anticipation of policy changes from the Fed as they aim to manage inflation effectively.
Gold drops over 1% as hot US inflation data boosts Fed hike bets
US consumer prices increased in September, contributing to expectations of an interest rate hike by the Federal Reserve. Following this inflation data, gold prices fell over 1% for the third consecutive session. The US dollar index also climbed, making gold more expensive for foreign investors. Market predictions indicate a 44% chance of a rate hike in October and a 95% chance in December.
World Bank warns of 800 million-job gap in next 10 years: Will global employment crisis affect Americans?
According to the World Bank, an alarming job crisis looms, with projections of an 800-million-job void worldwide. Ajay Banga, the bank's President, cautions that soaring youth unemployment could destabilize economies. This tumultuous landscape may lead to higher living costs for Americans, driven by disrupted supply chains and global wage competition.
In 2017, Cindy Crawford and Casamigos co-founder Rande Gerber bought a Beverly Hills home for $11.6 million; four years later, they sold it for $13.5 million, a $1.9 million gross gain
Cindy Crawford and Rande Gerber recently sold their stunning Beverly Hills estate for $13.5 million, initially purchased for $11.6 million. Their apparent profit of $1.9 million was notably impacted by real estate expenses, emphasizing that celebrity homes may not always command quick sales or inflated prices. This highlights the often-overlooked costs associated with high-end property transactions and the reality that profits can vary from initial expectations.
Eye on the price: Retail inflation at 5.54% in September, most on new base
India's retail inflation increased to 5.54% year-on-year in September, the highest since January. This rise is attributed to higher food prices, particularly onions and other essentials. Economists predict inflation could approach 6% in the coming months, influencing upcoming policy decisions. The Reserve Bank of India has indicated a likelihood of rate hikes due to ongoing price pressures. Rural areas experienced sharper inflation increases, outpacing urban regions this month.
Economists see food, oil stoking India’s September inflation
India's consumer inflation is anticipated to rise as energy costs increased significantly during September. Brent crude surpassed $100 a barrel, contributing to higher inflation alongside rising food prices. The Reserve Bank of India raised its key repo rate for the first time in nearly four years to combat inflation. Economists predict consumer inflation reached 5.40%, marking four consecutive months above the RBI's target.
Firstborn daughters may change male bosses’ hiring decisions: Chartered accountant explains why women could benefit at work
Bosses having a daughter can change not just their lives but also yours for the better. A survey found that managers whose firstborn kids were daughters were more likely to have more women being employed and their pay packets increasing. The results show that becoming a father, especially having a daughter, might change how people at work think about women in the workplace.
PAK vs BAN, 1st Semi-Final Asian Games 2026: Check where and when to watch live streaming, playing 11, weather forecast and more
Pakistan vs Bangladesh Predicted Playing 11: Pakistan and Bangladesh will meet in the Asian Games 2026 men’s cricket semi-final on October 1 in Nisshin, Japan. The match preview covers both teams’ probable playing 11s, pitch and weather conditions, T20I head-to-head record, live streaming details and key factors to consider before the high-stakes knockout clash.
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