Latest from Economic Times


Economic Times
an hour ago
- Entertainment
- Economic Times
Bruce Springsteen vs Donald Trump: All recent controversial statements where musician criticizes US President
Donald Trump and Bruce Springsteen Veteran musician Bruce Springsteen has continued his criticism of Donald Trump's leadership. In recent interviews and concerts, Springsteen addressed political concerns, including immigration and democratic values. His remarks have sparked a response from Trump, who also attacked Springsteen on social an interview with The New York Times published on June 18, Springsteen shared his views on the political state of the United States. He spoke about his ongoing 'Land of Hope & Dreams Tour,' during which he includes songs and speeches that reflect the current social and political situation. Springsteen described the present US condition as an 'American tragedy.' He blamed industrial decline and income inequality for leaving many people behind. He said these conditions created space for a political figure like Trump to gain said that the events of the recent months under Trump's second term were once thought to be impossible in the US. He said Americans used to believe these events 'can't happen here,' but now they are happening. Also Read: Supreme Court Key Rulings: All details about birthright citizenship, Obamacare task force, LGBTQ school books Springsteen has been a critic of Trump for years. He supported Kamala Harris during the 2024 election. In a past interview with The Atlantic, he called Trump a threat to a May concert in Manchester, Springsteen described Trump's government as 'corrupt, incompetent and treasonous.' Trump responded on Truth Social, calling Springsteen 'overrated' and saying he 'never liked his music.' Trump also insulted Springsteen personally and told him to 'keep his mouth shut.'Springsteen was not affected by the insults. He continued to speak out during his shows. In late May, he released an EP with a recording of the Manchester speech that upset Trump. At his concerts, Springsteen addresses current events between songs. He mentions immigration raids, policy decisions and public health topics. These speeches are captioned in local languages during international shows. In his NYT interview, Springsteen criticized recent immigration raids by ICE. He pointed to Freehold, New Jersey, his hometown, where a large migrant population lives. He said migrant communities have changed towns across the US. He called the current immigration actions a tragedy and said they are harmful to the country. Also Read: Squid Game Season 3 Ending: Who is Front Man and who wins the game? Here's new twist in last episode During a concert in Berlin, Springsteen spoke to thousands of fans at a historic stadium. He asked the audience to support democracy and resist authoritarianism. The speech followed a similar tone as his earlier said the US is being led by a government that does not understand what it means to be truly American. He urged Americans to speak out and defend the country's democratic posted a video on social media that appeared to show him hitting Springsteen with a golf ball. He also called for an investigation into Springsteen, Beyoncé, and other celebrities. Trump claimed they were paid to support Kamala Harris in the 2024 election. Why did Bruce Springsteen criticize Donald Trump? Springsteen criticized Trump over his leadership, immigration policies, and threats to democratic values, expressing these concerns in public speeches and interviews during his ongoing tour. How did Donald Trump respond to Bruce Springsteen's comments? Trump insulted Springsteen on social media, calling him overrated and demanding an investigation into his political support for Kamala Harris, media reports said.


Economic Times
an hour ago
- Business
- Economic Times
Australia to have its first AI minister in shocking plan to save nurses and teachers from boring paperwork
Australia to Appoint First AI Minister Under NSW Plan to Help Teachers and Nurses Focus on What Matters Imagine a classroom or hospital where educators and healthcare workers spend more time caring and less time on paperwork. That's the vision behind NSW Opposition Leader Mark Speakman's bold proposal for Australia's first-ever Minister for Artificial Intelligence, a move designed to liberate frontline public workers from routine chores and boost productivity. Speakman said this new minister would spearhead a statewide AI strategy. 'It can relieve our teachers, our nurses, a whole lot of public‑sector workers of mundane tasks, improve productivity, and drive every tax dollar further,' he told NewsWire . The plan includes not only a dedicated ministry and AI national action plan but also low‑interest 'AI for Biz' loans to help small and medium businesses adopt 'responsible AI'. Speakman aims to follow countries like Canada, France, the UAE, and Taiwan, which already have AI ministers or similar offices. He argues that by pushing innovation, NSW won't lag. 'Every technological change has increased living standards,' he said. 'I want Australia and NSW to be leaders of that, not followers.' Not everyone is ready to sign off. Troy Wright, assistant general secretary of the Public Service Association, warned that AI 'has thus far failed because it lacks empathy' in public‑facing trials. He urges caution, especially with sensitive data. 'Keeping that secure must be our number‑one priority,' he says. Speakman counters that the AI Minister would also oversee re‑skilling workers to ensure technology augments, not replaces, jobs. He draws an analogy with Luddites, arguing that past fears of technology were ultimately proven wrong and that AI will create more and more productive jobs. Delivering a budget reply speech in late June, Speakman branded the timing urgent amid rising living costs and criticisms of the Minns Labor government's spending. He framed AI as a means to stretch every tax dollar meanwhile, is focusing on other pressing issues, housing shortfalls, health care expansion, and small‑business support. Whether AI earns a formal ministry remains to be seen.


Economic Times
an hour ago
- Business
- Economic Times
‘Direct attack on US': Trump terminates trade talks with Canada over ‘egregious taxes' on tech firms
President Donald Trump said Friday that he's suspending trade talks with Canada over its plans to continue with its tax on technology firms, which he called "a direct and blatant attack on our country." Trump, in a post on his social media network, said Canada had just informed the US that it was sticking to its plan to impose the digital services tax, which applies to Canadian and foreign businesses that engage with online users in Canada. The tax is set to go into effect Monday. "Based on this egregious Tax, we are hereby terminating ALL discussions on Trade with Canada, effective immediately. We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period," Trump said in his post. Show more 06:00 03:51 03:57 09:05 02:10 08:15 04:30 08:02 08:36 08:44 09:01 02:27 03:11 03:52 05:19 06:52 08:18 02:59 06:07 06:34 07:31 01:18 02:50 09:49 08:51 15:42 08:58 09:23 08:42 15:49 03:01 01:42 01:58


Economic Times
an hour ago
- Health
- Economic Times
Ghee, butter, coconut oil bad for liver? Doctor recommends switching to seed oils
Challenging traditional beliefs, liver specialists now advise replacing ghee, butter, and coconut oil with refined seed oils for cooking and cold-pressed options for raw consumption. This shift aims to reduce liver fat, improve lipid profiles, and lower internal inflammation, particularly for those prone to fatty liver disease. Studies suggest saturated fats worsen insulin resistance and elevate liver triglycerides. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Why are saturated fats being flagged by liver doctors? How should you actually use seed oils in daily cooking? Can changing oil alone really improve liver test results? Tired of too many ads? Remove Ads FAQs Most kitchens use ghee , butter, or coconut oil but could these beloved fats be harming your liver ? A liver expert now recommends switching to refined and cold-pressed seed oils for improved liver health. His advice challenges many of our long-held beliefs about "traditional fats."The liver specialists reportedly warn that using ghee, coconut oil, and butter on a regular basis can harm liver health, particularly in people who are predisposed to fatty liver now recommend usingfor cooking andfor raw consumption to improve liver function and reduce internal Cyriac Abby Philips, a hepatologist who goes by TheLiverDoc on social media, presents a completely different viewpoint on liver health. He wrote on X, "Switch from saturated fats like coconut oil, clarified butter (ghee), lard and butter to refined (for cooking), unrefined and cold pressed (for direct use) seed oils rich in monounsaturated and polyunsaturated to experience improved liver tests and reduce liver fat,' as per a report by The Indian Express.'Increasing clinical research supports this claim," says Dr. Manoj Gupta, head of PSRI Hospital's Liver Transplant and Surgical Gastroenterology department, in an interview with The Indian is well known that saturated fats, such as those in ghee, butter, coconut oil, and lard, can lead to the accumulation of liver fat, particularly in those who are either at risk for or have been diagnosed with non-alcoholic fatty liver disease (NAFLD).High consumption of saturated fats has been shown to worsen insulin resistance, raise hepatic triglyceride levels, and activate inflammatory pathways in the liver, according to studies published in journals such as Hepatology and The Journal of Clinical Endocrinology & Metabolism."While traditional fats like ghee and coconut oil are culturally significant and consumed in moderation in many households, excessive and regular intake, especially in the context of a sedentary lifestyle and calorie-dense diet, can worsen metabolic health, including liver function," continues Dr. Jagadish Hiremath, a public health responses, he says, can differ, and the total dietary pattern, lifestyle, and pre-existing metabolic risk factors are more important than any one methods have an impact on the healthfulness of seed oils. Safer for deep-frying and sautéing, refined seed oils, such as canola, rice bran, or sunflower oil, are treated to eliminate impurities and tolerate high cooking temperatures without contrast, cold-pressed or unrefined oils are extracted by mechanical pressure without the use of heat or chemicals, preserving antioxidants, phytosterols, and vitamin E, all of which are good for the liver and heart but are heat-sensitive and best eaten people with fatty liver disease, substituting monounsaturated and polyunsaturated seed oils for saturated fats has demonstrated encouraging outcomes in terms of lowering liver fat and improving lipid advantages become even more noticeable when regular exercise and a lower sugar intake are added, making this one of the most affordable and easily accessible liver health in excess, they can increase liver fat and inflammation—particularly if you already have a fatty liver or live a sedentary recommend refined seed oils for cooking and cold-pressed oils, such as flaxseed or sunflower, for raw use.


Economic Times
2 hours ago
- Business
- Economic Times
US Stock Market Today: S&P 500 closes at 6,173, Nasdaq reaches 20,273 as markets show growth. Details here
The stock market closed higher on Friday as the S&P 500 and Nasdaq posted record closing numbers. Investors continued to respond to recent economic signals, trade adjustments and easing geopolitical S&P 500 closed at 6,173 on Friday. This marked a new record closing high. It had dipped slightly after President Donald Trump announced an end to trade talks with Canada. The index later recovered. The previous record closing level was 6,144. During the morning session, the index rose by 0.3% and reached 6,156 for the first time. The Nasdaq also set a new closing record. It reached 20,273 on Friday. The technology-heavy index has grown sharply in recent weeks. Over the past month, the Nasdaq climbed 28%. The growth reflects investor confidence in large technology firms. Also Read: Jake Paul vs Chavez Jr.: Fight date, time, venue, odds, where to watch, how to buy tickets and full main card Since April, the stock market has seen consistent gains. The S&P 500 has climbed more than 20% during this time. The gains followed Trump's announcement of 'Liberation Day' tariffs. The Dow Jones Industrial Average also increased 12% over the same period. Analysts note that investor sentiment has shifted. There is now less concern about unpredictable policies and more hope for stable economic recent weeks, the US government has reduced several tariffs. These rollbacks have reduced costs for companies. They also helped reduce fears of sudden inflation increases. A key development was the trade deal between the US and agreement cut tariffs between both countries. This led to a rise in stock prices. Wall Street analysts quickly revised their recession forecasts. Many now see a more stable path ahead. Also Read: Supreme Court Key Rulings: All details about birthright citizenship, Obamacare task force, LGBTQ school books Other factors also supported the market's climb. New economic data showed the US economy is steady. Inflation did rise slightly in recent data, but it remains close to the lowest level seen since 2021. Hiring slowed in May but remained economists believed hiring would decline further due to trade tensions. However, recent government data showed hiring was not as affected as this month, a conflict between Iran and Israel caused a temporary decline in the stock market. Oil prices also rose during this period. But a ceasefire helped bring stability. Oil prices then dropped, and stocks regained briefly dropped again on Friday afternoon. This followed an announcement by President Trump. He said the US would end all trade talks with Canada. He made the statement on his social media decision followed Canada's move to impose a digital service tax. The tax targets US technology companies. Trump called the tax a direct move against the US. This led to market concerns, though the indexes later recovered. Why did the S&P 500 and Nasdaq reach record highs? Reduced tariffs, a stable economy, and better investor sentiment supported strong growth in the S&P 500 and Nasdaq, pushing both to new record highs. What triggered the temporary dip in the market on Friday? President Trump's decision to end trade talks with Canada after their digital tax announcement briefly caused a dip in stock prices.