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Business

US Stocks Rise on Cooler August Inflation Data

On September 30, US stocks rose as inflation data for August came in cooler than expected, boosting investor sentiment. The Dow Jones gained 84 points (0.2%), the S&P 500 rose 0.6%, and the Nasdaq climbed about 1%. The Personal Consumption Expenditures (PCE) price index showed inflation at 3.4% year-over-year, down from 3.7% in July, below economists' forecasts. Core PCE also fell short of expectations, signaling easing inflation pressures.

HT Business·3h ago

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Politics

Justice Department Files Complaint Against Minnesota Judges Over Immigration Surge Comments

The U.S. Department of Justice filed a complaint against seven federal judges in Minnesota for violating judicial ethics by publicly commenting on the Trump administration's immigration enforcement surge. The judges spoke to The New York Times about the heavy caseload during Operation Metro Surge, which led to thousands of arrests. The DOJ demands their recusal from cases involving the Department of Homeland Security due to alleged bias, escalating tensions between the department and the federal judiciary.

HT World·13m ago·Minneapolis

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Entertainment

Stella McCartney Condemns Seafood Industry at Paris Fashion Week

At Paris Fashion Week, Stella McCartney criticized the fishing industry, highlighting its harm to ocean life. She emphasized the contradiction in calling animals "sea life" versus "seafood" and declared, "We’re at war with the oceans." Her rain-soaked show featured ocean-inspired fashion and notable attendees like Jennifer Lopez and Juliette Binoche. The collection used seafoam and coral colors, symbolizing marine themes.

HT Health·34m ago·Paris

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Politics

Kasimedu Fishermen to Strike Over Boats Held in Andhra Pradesh

Fishermen at Kasimedu fishing harbour have announced an indefinite strike demanding the state government retrieve seven boats held captive in Andhra Pradesh for over 100 days. The protest will start in about ten days after returning boats complete their long voyages. The decision was made by Kasimedu fishing stakeholders including boat owners, vendors, and workers, citing lack of financial assistance from the government.

The Hindu·32m ago·Chennai

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Politics

Chinese Envoy Highlights Little Progress in Bengaluru-Chengdu Sister City Ties

Qin Jie, China's Consul General in Mumbai, expressed disappointment over the limited progress in reviving the sister-city programme between Bengaluru and Chengdu despite efforts from China. Speaking at the China-India BRICS Dialogue Seminar, he noted the potential for greater exchanges between Karnataka and Chinese regions. He also mentioned challenges due to India's restrictions on establishing a Chinese consulate in Bengaluru, where many Chinese companies and nationals reside.

Deccan Herald·37m ago·Bengaluru

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Politics

Sena (UBT) Leader Pradeep Purnekar Shot Dead in Mumbai

Pradeep Purnekar, divisional head of the Uddhav Balasaheb Thackeray Sena, was shot dead at his Mumbai office by masked attackers on two-wheelers. His family alleges the Shiv Sena (Shinde) faction orchestrated the murder. This incident highlights ongoing political violence in Maharashtra.

Economic Times·58m ago·Mumbai

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