US inflation at 3% in September: Gas prices rise, rent growth eases; Trump’s tariffs raise consumer goods costs

US inflation hits 3% (AP) US inflation remained elevated in September, fueled by a surge in gas prices, even as rent growth slowed, reflecting a mixed picture for consumers in an economy with steady growth but sluggish hiring.According to the labor department report, cited by AP, consumer prices rose 3% from a year earlier—the highest…

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Ranveer Singh, Deepika Padukone, Karan Johar, and Ananya Panday jet off for Jamnagar |

Several Bollywood celebrities were spotted flying out to join the celebrations in Jamnagar, Gujarat. Among those headed for the grand bash were Ranveer Singh, Deepika Padukone, Karan Johar, and Ananya Panday. Ranveer and Deepika’s airport style wins hearts Ranveer Singh kept it cool and casual in black pants and an oversized white T-shirt, pairing his…

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‘Bike dragged under bus’: How Andhra fire mishap unfolded; motorcyclist, 19 passengers dead | India News

Charred remains of a Hyderabad-bound private bus that caught fire after a collision with a two-wheeler, near Chinnatekur in Kurnool district, Andhra Pradesh. NEW DELHI: The blaze that engulfed a passenger bus in Andhra Pradesh in the wee hours of Friday was sparked when a motorcycle came under the vehicle and was dragged along, leading…

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Social security benefits to rise 2.8%: Retirees to see $56 monthly boost; senior citizens say increase not enough

Social security benefits to rise 2.8% (AP) The Social Security administration on Friday announced that its benefits will increase by 2.8% in 2026, giving retirees an average monthly boost of more than $56. The rise reflects moderating inflation after several years of higher cost-of-living adjustments (COLA).The increase will take effect in January for nearly 71…

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India’s forex reserves cross $700 billion: Value of gold holdings surges; foreign currency assets fall slightly

India’s foreign exchange reserves rose by $4.496 billion, reaching $702.28 billion for the week ending October 17, majorly driven by an increase in the value of gold reserves, the Reserve Bank of India said Friday.Last week, the overall reserves had increased by $2.176 billion to $697.784 billion, reported PTI.Foreign currency assets (FCA), the largest part…

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China’s 2020 trade deal under scrutiny: Trump administration launches compliance probe; Beijing agreed to buy more US products, services

The United States on Friday launched an investigation into China’s adherence to the ‘Phase One trade’ deal signed in 2020.Under the deal, China had pledged to increase purchases of US products and services by hundreds of billions of dollars over 2020 and 2021. However, the targets were not met, largely due to the Covid-19 pandemic.The…

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BSE shares rally: Gain 15% in a month as regulatory fears ease; top things investors should watch out for

BSE’s stock has staged a strong recovery after weeks of anxiety over regulatory reforms, gaining 15% in a month as concerns over the weekly options expiry rule fade and traders return. The stock jumped nearly 2% to Rs 2,533.70 on Thursday before settling at Rs 2,486.50, raising doubts about the rally’s sustainability.Amid speculation that the…

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