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Business

Treasury Secretary Urges Fed to Keep Open Mind on Inflation

Treasury Secretary Scott Bessent urged Federal Reserve policymakers to keep an open mind on interest rates, citing productivity gains from AI and deregulation as factors that could control US inflation. He highlighted the thriving US economy under President Trump due to tax cuts and deregulation, despite rising fuel prices from conflicts involving Iran and Russia affecting voters ahead of November midterms.

NDTV Business·4h ago

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Business

Bank Employees Work Sunday; Monday Strike Deferred After Talks

Bank employees worked on Sunday ahead of a planned three-day strike. However, the strike scheduled for Monday was deferred following late-night discussions between the Indian Banks' Association (IBA) and the United Forum of Bank Unions (UFBU). This sudden change sparked a wave of memes on social media as users reacted to the unexpected development.

Mint·51m ago

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Entertainment

Re-released Avengers: Endgame Tops North America Box Office

The 2019 superhero film Avengers: Endgame led the North American weekend box office with $26 million from its re-release, boosting its global total to $86 million. The film, starring Robert Downey Jr., Josh Brolin, and Scarlett Johansson, is the second-highest grossing film ever with $2.8 billion. The re-release builds anticipation for the December 18 debut of Avengers: Doomsday, featuring new post-credit scenes.

HT Entertainment·58m ago

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Sports

India Wins Silver in Open, Bronze in Women's Chess Olympiad

At the Chess Olympiad in Samarkand, India secured the silver medal in the Open section and the bronze in the women's section. Uzbekistan won the Open title, while China claimed the women's championship despite missing some top players. The Indian men finished with 18 points, drawing their final match against Hungary. The women drew with Georgia on the last day. Key performances included Arjun Erigaisi's win over Peter Leko.

Hindu Sport·3h ago

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Science

California Acquires 640 Acres Near Pioneertown for Joshua Tree Conservation

California state officials have acquired 640 acres of desert land near Pioneertown to conserve the western Joshua tree. Researchers found the area suitable for the species despite climate change challenges. The California Department of Fish and Wildlife used funds from the Western Joshua Tree Conservation Fund for the purchase. Plans include collaboration with Native American tribes for long-term stewardship.

TOI World·46m ago·Pioneertown

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Business

Armani Considers Multiple Investors for 15% Stake Sale

Armani is open to selling a 15% stake in the company as per founder Giorgio Armani's will. CEO Giuseppe Marsocci mentioned the possibility of involving multiple investors in the sale. Meetings with potential buyers such as LVMH and L'Oreal are reportedly being planned. The company prioritizes adhering to the timeline set by Giorgio Armani.

Economic Times·1h ago

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