Apple faces a tough decision as new tariffs by President Trump could increase iPhone prices by up to 43%. Without exemptions, Apple may absorb or pass on these costs, potentially raising the iPhone 16 Pro Max to $2,300. Analysts suggest Apple may only transfer a fraction of the costs to consumers, impacting their bottom line.
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Federal Reserve Chair Jerome Powell announced a hold on interest rate changes, awaiting clarity on President Trump's economic policies. Uncertainty surrounds immigration, tax policy, regulation, and trade tariffs. While tariffs are expected to cause short-lived inflation and slower growth, opinions diverge among Fed officials. Some, like Waller, downplay long-term tariff impacts, while others prioritize inflation control.
India's wicketkeeper-batter Dhruv Jurel won a cash prize of $300 for his exceptional performance in a fielding drill. The drill, designed to sharpen fielding skills and boost team energy in preparation for the Boxing Day Test against Australia, involved players hitting targets for points. With the series tied 1-1, Team India aims to take the lead in Melbourne.
Former cricketer Atul Wassan expressed concerns over Rohit Sharma's struggles, attributing it to his decision to bat at number six during the Border-Gavaskar Trophy. This shift in batting position disrupted his rhythm, leading to inconsistent performances. Madan Lal also highlighted Rohit's ongoing difficulty, noting his dismissal while attempting signature shots. Rohit aims to regain form in upcoming innings.
In a historic moment for the Indian Premier League, 14-year-old Vaibhav Suryavanshi debuted for Rajasthan Royals against Lucknow Super Giants, becoming the youngest player ever to feature in the tournament. Born in 2011, after the IPL's inception, Vaibhav replaced injured captain Sanju Samson, setting a unique record as the first player born after the league's start to play in it.
The CBI, in collaboration with the DRI, has initiated an investigation into gold smuggling operations at various Indian airports. This follows the arrest of Kannada actress Ranya Rao with 14.2 kg of gold at Bengaluru Airport. The Karnataka government plans to revise airport protocol services to prevent misuse.
Trinamool Congress MP Kalyan Banerjee accused Union minister Shivraj Singh Chouhan of favoring the wealthy and denying West Bengal's central funds for schemes like MGNREGA. Banerjee suggested this was because the BJP failed to form a government in the state. BJP countered this, demanding an apology and insisting there’s no discrimination against states.
Congress leader Rahul Gandhi responded to PM Modi's remark regarding the Adani Group issue, emphasizing it as a matter of national importance. During PM Modi's recent US visit, he stated that such individual cases are not discussed between leaders of nations, underscoring India's democratic values.
A Bihar assistant subinspector, Rajiv Ranjan Mall, died after a mob attacked a police team in Araria while they were apprehending notorious criminal Anmol Yadav at a wedding. Mall collapsed during the attack and was pronounced dead at the hospital. Six supporters of Anmol were arrested, but he remains untraced.
The Dallas Cowboys face the longest NFC championship drought after their rival Washington Commanders reached the title game. Cowboys' fans criticized owner Jerry Jones on social media for his management over the years. The Cowboys, underperforming this season with a 7-10 record, will seek a new head coach as Mike McCarthy's contract expires.
Amid a series of executive orders, President Trump warned of 100% tariffs on Brics nations if trade remains unbalanced, incorrectly mentioned Spain as a member. He also signed notable actions like withdrawing from the Paris Accord, ending birthright citizenship, and renaming the Gulf of Mexico, sparking legal and international challenges.