The Latest Breaking News from The Economic Times

Using your FSA wisely? Up to $3,400 can be set aside pre-tax in 2026, and millions of workers forget to claim every single dollar of it

The 2026 FSA limit is going up to $3,400. That's $100 more than the 2025 limit. For workers who expect regular medical expenses, the higher limit gives them more room to set aside money before federal income taxes are calculated. The contribution is taken from salary through the employer's plan…

The Economic Times · Oct 7

SIR controversy: Congress declares 'Black Day' on October 8; major protest likely

The Congress' October 8 protests will take the campaign beyond Delhi, with demonstrations planned at state, district and block levels over the electoral-roll revision exercise and its demand for Gyanesh Kumar's removal.

The Economic Times · Oct 7

OpenAI says teens use ChatGPT for under 15 minutes a day as worries over risks grow

Teens spend under 15 minutes a day on average on ChatGPT, while less than 2% of them interact with the chatbot for over three straight hours, OpenAI said, as technology companies face scrutiny over the risks AI chatbots pose to children.

The Economic Times · Oct 7

How to request your mail ballot again in Florida: If you voted by mail in 2024, you must re-request for 2026 by the October 22 deadline

Florida voters who voted by mail in 2024 must request a new vote-by-mail ballot for the 2026 election. The deadline to request a ballot is 5 p.m. on October 22, 2026. Voters can track their ballot requests through their county Supervisor of Elections. Completed ballots must be returned by 7…

The Economic Times · Oct 7

Trump administration proposes a $70,000 fee for international students to work in the US

The US Department of Homeland Security has proposed significant fees for foreign students participating in the OPT program. Schools would pay $70,000 for each initial OPT recommendation and $30,000 for subsequent recommendations. This move is part of efforts to manage international student employment and address concerns regarding possible fraud. If…

The Economic Times · Oct 7

Royal Mail announces up to 2,500 job cuts

Royal Mail is set to reduce its workforce by as many as 2,500 positions over the upcoming year as part of a significant organizational transformation. This change is driven by a drastic decline in letter volumes, which have plummeted more than 70 percent from their peak, alongside a rising demand…

The Economic Times · Oct 7

Christa Pike has no memory of botched execution: Doctor reveals what she said after regaining consciousness

Christa Pike, an inmate on death row in Tennessee, experienced a botched execution attempt on September 25 when complications arose during the intravenous procedure. After receiving two doses of pentobarbital, she remained awake and responsive, raising alarms among her legal team. They are now advocating for the preservation of evidence…

The Economic Times · Oct 7

Manipur CM calls for hill-valley unity, says peace efforts cannot remain limited to valley

Manipur's Chief Minister, Yumnam Khemchand Singh, appeals for harmony among the state's various communities, stressing the necessity of dialogue to resolve tensions rather than resorting to agitation. He highlights the severe economic ramifications caused by ongoing ethnic conflicts since May 2023, which jeopardize development efforts. Praise is given to Prime…

The Economic Times · Oct 7

US stocks: Webull shares plunge 18% after report flags structural ties to China

Webull shares fell by more than 18% following a report connecting the platform to the Chinese government. The House Select Committee on China revealed discrepancies between Webull’s marketing and its operational reality. Concerns were raised about the company’s reliance on infrastructure subject to Chinese laws. Analysts expressed uncertainty about the…

The Economic Times · Oct 7

Sharper, bigger RBI moves coming in December? SBI economists put things in perspective

The recommendations come as the central bank manages inflation risks alongside pressure on the rupee and capital flows. A 50-basis-point increase in December would mark a sharper pace of tightening than Wednesday's hike, if inflation and global conditions take the expected path.

The Economic Times · Oct 7