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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…
Solana Drops 5.4% to $109.92 as Capital Flows to Bitcoin
Solana fell 5.4% in 24 hours to $109.92 as investors shift to Bitcoin. Altcoin season index dropped 8.33%, signaling risk-off sentiment.
Hyperliquid USD Drops 4.5% to $84.51 After $330M Token Unlock
HYPEUSD fell 4.5% to $84.51 on October 8 after a $330 million institutional token unlock and regulatory concerns in Singapore.
NSW Drivers Face $11,000 Fine for Refusing Phone Access Under New Crime Laws
NSW police can now request access to your phone during traffic stops under new organised crime laws. Refusing a legal order costs up to $11,000 or five years in prison.
FBI Agent Reports 4 Ransom Emails in Nancy Guthrie Case, October 8
Retired FBI agent Jennifer Coffindaffer received four ransom emails demanding 25 bitcoin and 2 bitcoin for Nancy Guthrie’s return. She reported them to the FBI and believes they were scams designed to exploit followers of the case.
Arthur Hayes Warns AI Boom Will Waste Trillions, Predicts Crypto Rally by 2028
Arthur Hayes predicts AI data-center overbuilding will lead to a market crash and bailout by late 2027 or 2028, positioning Bitcoin to benefit from excess liquidity.
Honda XR300L and XR300 Rally launched in India from Rs 1.83 lakh
Honda XR300L priced at Rs 1.83 lakh and XR300 Rally at Rs 2.08 lakh launched in India with 293.5cc engines. Bookings open now, deliveries from 2027.
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.