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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…
Bathurst 1000 Drivers Fail Mandatory Test; Some Turn to ChatGPT
Bathurst 1000 drivers face mandatory 100% safety test with flawed questions. One driver failed three times; others used ChatGPT. Test answers contradict Supercars rules.
Supreme Court Weighs Oil Companies’ Bid to Block Climate Lawsuits, October 7
US Supreme Court hears arguments in Suncor v. Boulder, a case that could decide if oil companies can be sued for climate damages. Outcome affects dozens of pending lawsuits seeking billions in compensation.
F1 Software Bug Halts Bahrain GP in Malaysia; Verstappen Wins Amid Chaos
Max Verstappen won the Bahrain GP in Malaysia after a software bug left multiple cars stranded on the formation lap. The FIA blamed an unprecedented combination of low speed, wet conditions, and circuit layout.
Verstappen Wins First Race of 2026 at Bahrain GP in Malaysia
Max Verstappen wins his first F1 race of 2026 at the Bahrain GP in Malaysia after 90-minute rain delay. George Russell retires, extending Kimi Antonelli’s title lead to 84 points.
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.
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.