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US Budget Deficit Hits $2 Trillion in 2026
The US budget deficit widened sharply in the fiscal year ended in September 2026, rising 12% to $1,992 billion — nearly $2 trillion — as refunded tariff revenue and surging interest payments on the national debt overwhelmed record federal revenues. The figures, published by the US Treasury on October 16, leave the deficit at about…
Stock Market Today: Chip Stocks Plunge on AI Funding Worries
The stock market today is firmly in the red as a global rout in chip stocks deepens. Nvidia, AMD and Dell are leading the declines, with selling spreading from the United States across Asia as investors question whether the money behind the artificial-intelligence buildout will keep flowing. It is the kind of session that reminds…
AFL Trade Period Kicks Off: Merrett Lands $4M Hawthorn Deal on Day One
Zach Merrett joins Hawthorn on $4M deal as AFL trade period opens. Eight moves done in three days including Lachie Neale to Collingwood and Scott Pendlebury to Gold Coast.
Breyden schließt Gießerei Ueckermünde: 320 Jobs bis Jahresende weg
Breyden schließt seine Eisengießerei in Ueckermünde zum Jahresende. 320 Mitarbeiter verlieren ihre Jobs. Grund: sinkende Nachfrage und zu hohe Energiekosten im Vergleich zu Asien.
Zcash Falls 0.6% to $1,326 as Grayscale ETF Records First Weekly Outflows
Zcash drops to $1,326 as Grayscale Zcash Trust sees $93.6M in weekly outflows, signaling institutional pullback from privacy assets.
Daylight Saving Starts October 4 in Five Australian States
Daylight saving starts October 4 in five Australian states. Clocks jump to 3am Sunday. NSW, Victoria, Tasmania, SA, and ACT affected until April 4, 2027. Queensland, WA, NT remain unchanged.
Japan Beats China in Volleyball Thriller, Eyes First Gold in 16 Years
Japan edges China 3-2 in Asian Games men’s volleyball semifinal to reach final against Iran on October 3. Victory would secure first gold in 16 years.
Nike Stock Hits 13-Year Low as Q1 Revenue Misses, Layoffs Loom
Nike shares plunge 9% to 13-year low after Q1 revenue miss and weak FY2027 outlook. Company plans $2.5B cost cuts and layoffs starting 2027.
Zcash Slides 3.6% to $1,287 as ETF Outflows Weigh on Sentiment
Zcash fell 3.6% to $1,287.07 on October 2 amid $30.25M in Grayscale ETF outflows and lingering concerns from the Bitget hack.