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Federal Reserve's projection of fewer rate cuts next year, triggering foreign fund outflows. The benchmark BSE Sensex lost 1176.46 points or 1.49% to settle at 78,041.59, while the broader Nifty 50 index closed at 23,587.50, lower by 364.20 points or 1.52%.

Both pilots were recovered alive, with one suffering minor injuries, but the incident underlines just how dangerous the Red Sea corridor has become after a year of ongoing attacks on shipping by Yemen's Houthi rebels despite U.S. and European military coalitions patrolling the area. The U.S. military had conducted airstrikes targeting Yemen's Houthi rebels at the time, though the U.S. military's Central Command did not elaborate on what their mission was.

In an evening post on Truth Social, Trump also warned he would not let the canal fall into the «wrong hands,» and he seemed to warn of potential Chinese influence on the passage, writing the canal should not be managed by China. The post was an exceedingly rare example of a U.S. leader saying he could push a sovereign country to hand over territory. It also underlines an expected shift in U.S. diplomacy under Trump, who has not historically shied away from threatening allies and using bellicose rhetoric when dealing with counterparts.

Ohio Jeep plant less than three weeks after the abrupt resignation of Chief Executive Carlos Tavares, the Franco-Italian automaker said late on Saturday. The company has decided not to put any employees on indefinite layoff from Jan. 5 due to a previously announced shift reduction and will instead extend a worker adjustment and retraining notification notice, a company spokesperson said in an emailed statement. Employees are expected to return to work as scheduled after the new year, the spokesperson said.

Subscribe to enjoy similar stories. Joe Sacco has been called the heir to Art Spiegelman (Maus) and his award shelf creaks under the weight of trophies (Eisner Award for Best Original Graphic Novel, Ridenhour Book Prize, American Book Award, etc.). But the scale of achievements casts no shadow on the man himself.

Rickey Henderson, a 10-time All-Star and the all-time stolen base leader, died on Friday after a bout with pneumonia, multiple outlets reported. He was 65.

Centre for Strategic and International Studies (CSIS) and the Massachusetts Institute of Technology (MIT) has revealed that increasing US nuclear capabilities would not deter China from employing atomic weapons in a conflict over Taiwan, Taipei Times reported. The findings, published in a report on Friday, challenge current calls among policy experts to expand and modernise the US nuclear arsenal in response to China's growing military strength. The table top exercise, described as the first large-scale unclassified simulation of a potential nuclear war over Taiwan, explored scenarios where nuclear weapons might be used. According to the report, the US's nuclear capabilities, beyond ongoing modernisation efforts, had minimal impact on Beijing's willingness to deploy nuclear arms. Instead, the exercise highlighted the conditions under which either side might face pressure to resort to nuclear strikes, rather than the likelihood of such weapons being used.

Donald Trump, said on Saturday that she is removing herself from consideration to be a Florida senator — ending speculation that she could replace Republican Senator Marco Rubio, who has been tapped to be the incoming administration's secretary of state. «After an incredible amount of thought, contemplation, and encouragement from so many, I have decided to remove my name from consideration for the United States Senate,» Lara Trump posted on X. Instead, she promised a «big announcement to share in January». The announcement comes weeks after Trump announced that she was stepping down as co-chair of the Republican National Committee, a move which raised questions about whether she might be vying for a Senate seat.

The Houthis in a statement on Telegram said they had aimed a hypersonic ballistic missile at a military target that they did not identify. Israel's military said it was investigating, adding that «we emphasise that aerial defence is not hermetic». «A flash of light, a blow and we fell to the ground. Big mess, broken glasses all over the place,» said Bar Katz, a resident of a damaged building.

George Stephanopoulos has agreed to a new contract, an ABC News spokesperson confirmed to HuffPost on Thursday. The deal became public amid an uproar over the network’s settlement of Donald Trump’s defamation lawsuit.

Elon Musk is currently a very popular figure in the political landscape of the United States, and looking at his steady influence that speaks a ton in other countries than US, he has recently come into question about his statements about supporting a German right-wing party. This is leading serious and scary questions whether Musk is now taking things up a notch, and entering into a 'fascist' mode.

Shackled and wearing an orange prison jumpsuit, 26-year-old Luigi Mangione was escorted Thursday by heavily armed police officers and whisked by air from Pennsylvania to Manhattan, where he appeared in a packed courtroom on federal charges that could bring the death penalty, AP reported. The Ivy League graduate, who prosecutors say inveighed against the health insurance industry and wealthy executives in his writings, was not required to enter a plea to federal charges of murder, stalking and firearms charges in the December 4 killing of Brian Thompson. The state indictment charges Mangione with murder as a terrorist act.

Joe Biden's leadership, multiple military families reported that they were forced to wait for hours on the tarmac at Dover Air Force Base while the president allegedly napped on Air Force One. This event occurred during the dignified transfer ceremony for 13 U.S. service members killed in a suicide bombing at Kabul's Abbey Gate on August 26, 2021, a tragedy that claimed the lives of American soldiers and over 170 Afghan civilians.

Among them: changes to state-level overtime and minimum wage rules, the delayed federal FinCEN registration, taxes on payments from third-party providers like Venmo and PayPal, and anything that might affect inflation, including tariffs, as per AP report. The Small Business Administration is also ushering in a new leader, Trump loyalist Kelly Loeffler, assuming she’s confirmed by the Senate. “I think there a general sense that there is going to be obviously a pro-business administration on the regulatory side,” said Karen Kerrigan, President and CEO of the Small Business & Entrepreneurship Council, an advocacy group. “But there could be some nuances specifically on, say, workplace or labor rules. But that’s still to be determined.”

It Ends with Us, has filed a lawsuit against her costar and director, Justin Baldoni, accusing him of sexual harassment. The lawsuit, which has garnered significant attention, claims that Baldoni’s alleged behavior caused Lively «severe emotional distress» during the making of the much-loved adaptation of Colleen Hoover's bestselling novel, as mentioned in a report by People.

Johnny Zuagar says he’s tried to hide his worries about a potential government shutdown from his three boys as he weighs how much to spend on Christmas presents

'President Musk' has captured the attention of users on social media and has spread like a wildfire. The development comes after Democrats alleged Tesla CEO and Department of Government Efficiency (DOGE) leader is leading the GOP and is the real president, rather than US president-elect Donald Trump. A number of hilarious memes have surfaced online, showing Musk's power. A user on X identified as 'The Lincoln Project' posted a video calling 'Trump' the «vice president» and Musk the «president.» The video also mentions Trump «admiring the assets of other men,» hinting towards Musk. The user captioned the video, «Everyone knows who is running this show: President-elect Musk.»

Scheduled to take place in Saudi Arabia, this fight is expected to net Fury an impressive £60 million, as mentioned in a report by Mirror USA. However, should Usyk secure a second victory, Fury stands to lose nearly half of his prize money to the taxman.