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BusinessUS Treasury yields declined as traders moderated their expectations for Federal Reserve rate hikes following inflation data showing August's increase was below economists' forecasts. Futures now indicate less than a 50% chance of a rate hike in October, though markets still expect a hike by December, reflecting changing economic conditions and investor sentiment.
ET Markets·4h ago
PoliticsThe 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
EntertainmentAt 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
PoliticsFishermen 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
PoliticsQin 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
PoliticsPradeep 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
ET Markets·4h ago
US Treasury yields declined as traders moderated their expectations for Federal Reserve rate hikes following inflation data showing August's increase was below economists' forecasts. Futures now indicate less than a 50% chance of a rate hike in October, though markets still expect a hike by December, reflecting changing economic conditions and investor sentiment.
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