Politics

Feds Arrest 11 in California Voter Fraud Operation, 28 Foreign Nationals Charged, per Democracy Docket

Operation Protect the Vote The Trump administration carried out raids in California over alleged voter fraud, per Democracy Docket, with 11 people arrested on Monday and 28 foreign nationals charged in total, according to the U.S. Attorney's Office for the Central District of California. The arrests are

Politics

Trump Calls for New Mexico to Be Renamed "New America," Effective Immediately

"We are not Mexico, we are the United States of America" President Trump is calling for New Mexico to be renamed "New America," effective immediately. "New Mexico should immediately change its name to New America. We are not Mexico, we are the United States of

Markets

NYSE Launches Extended-Hours Options Trading, With 23-Hour Days Coming December 6, per CNBC

Options trading before the bell and after the close The New York Stock Exchange has launched extended-hours options trading, per CNBC, covering 29 big stocks and ETFs including Nvidia, Bank of America, the SPDR S&P 500 ETF Trust and the iShares Russell 2000 ETF. The new sessions

AI

OpenAI Bugging Suspect Ordered Held Without Bail After Saudi Consulate Offered to Pay in Full, per CNBC

Held without bail, and the consulate's offer backfired A San Francisco federal judge has ordered the Saudi national accused of planting a recording device in an executive conference room at OpenAI's headquarters held without bail, per CNBC. Magistrate Judge Alex Tse ruled on Monday that there

Economy

Canada's Immigration Minister Says Immigration Levels Will Be Going Up, per CTV

Two years of restraint are ending Canada's immigration minister says immigration levels will be going up, per CTV News, signalling an end to the two-year slowdown in population growth that followed the Trudeau-era intake surge. Immigration Minister Lena Metlege Diab made the comments on October 16,

Economy

Trump Aides Are Preparing Financial Penalties for Millions of Americans in Default on Federal Student Loans

Collections are being staffed up, quietly Trump aides are preparing to impose financial penalties on millions of Americans in default on their federal student loans next year, per WashingtonSun. The plans are unlikely to be announced before the midterm elections, according to five sources familiar with the matter cited by

Geopolitics

French Authorities Acknowledge They Have 'Lost Control' in Major Cities as Unrest Grips the Country

The worst violence in years, and an admission to match French authorities acknowledge they have "lost control" in major cities as widespread protests, violence and unrest grip the country, prompting calls for curfews to restore order, per NBC. The rioting and looting that erupted across France over the

Tech

Elon Musk Says He Will Give Every Child in the US a Share of SpaceX Next Year

One share for each of 73 million kids Elon Musk says he'll give every child in the U.S. a share of SpaceX next year. There are about 73 million Americans under 18, which at SpaceX's current price of around $157 would make the gift worth

Economy

Trump's Policies Are Raising Taxes and Costs for Every Income Group Except the Richest 1%

The tax cuts are being swallowed by the tariffs Trump ran on cutting taxes. But once tariffs are counted, his policies are raising taxes and costs this year for every income group except the richest 1%, per a new report from the Institute on Taxation and Economic Policy. The reason:

Geopolitics

A Breakthrough Deal Between the US and Iran Could Be Announced as Soon as This Week

Mediators say a breakthrough is close A breakthrough deal between the U.S. and Iran could be announced as soon as this week, sources familiar with mediation efforts told Al-Araby Al-Jadeed. It follows Iran's president saying Friday that Tehran isn't seeking nuclear weapons and

Politics

JD Vance: 'Don't Vote for the People Who Caused These Problems'

The midterm pitch, in one line JD Vance: Don't vote for the people who caused these problems. The vice president made the remark on The Sean Spicer Show, in a clip posted on Friday, October 16, as he discussed the cost of living, gas prices and inflation ahead

Economy

Car Buyers Are Stretching Loans to Seven Years or More, and Payments Are Still Hitting Records

Seven-year loans are the new five-year loans Car buyers are stretching loans to seven years or more just to afford the monthly payment, per CNBC. And payments are still hitting records. The average new-car payment reached $787 a month in the third quarter, the average amount financed

Economy

The Husband Is the Main Breadwinner in About 55% of Marriages, Down From 85% in 1972

The single-earner marriage is no longer the default The husband is the main breadwinner in about 55% of marriages, down from 85% in 1972, per PEW. Pew Research Center's analysis of US Census Bureau data found that while men remain the main breadwinner in a majority of

Economy

America's $1.7 Trillion Auto Loan Market Is Headed for a Crash, per Reuters

The strain is showing in the delinquency data America's $1.7 trillion auto loan market is headed for a crash, per Reuters. Auto loans are now one of the biggest sources of household debt, bigger than credit cards. And the strain is showing: 1 in 5 Americans is

Geopolitics

Putin Has Proposed a Summit With Trump and Xi Next Month to Negotiate an End to the Ukraine War

A three-way summit, floated on a phone call Russian President Vladimir Putin has proposed that he, President Trump and Chinese leader Xi Jinping meet next month to attempt to negotiate an end to the war in Ukraine that would favor Moscow, per WSJ. The Wall Street Journal reported the

Tech

Jeff Bezos Says AI Could Let Americans Support a Family Working Just Three Days a Week

Bezos is betting on a labor shortage, not mass unemployment Jeff Bezos says AI could let Americans support a family working just three days a week. He also predicts more single-income households, and even a labor shortage instead of mass job losses. "Some people will also decide, you

Tech

Tech Billionaires Added a Record $845 Billion This Year While Every Other Billionaire Lost Money

Every dollar of new billionaire wealth came from tech Tech billionaires are pulling away from the rest of the ultra-rich. The world's roughly 100 tech billionaires added a record $845 billion through September, per Bloomberg, while every other billionaire combined lost $62 billion. The gain was the

Economy

A Record 21.2% of New-Car Buyers Now Pay $1,000 or More a Month

Four-figure car payments are now normal The $1,000 car payment has gone from outlier to routine. A record 21.2% of new-car buyers now pay $1,000 or more a month, up from 19.1% a year ago, per CNBC, and 69% of them took loans of

Economy

America Is in a Homebuyer Recession: Mortgage Purchase Applications Are Down 60% From Their Pandemic Peak

Demand is lower than at any point in the housing crash America appears to be in a homebuyer recession. Mortgage purchase applications are down 60% from their pandemic peak, per Redfin, and homebuying demand is now back near 1995 levels, lower than at any point during the 2008 to 2012

health

Cancer Rates Are Rising Among Adults Under 50, With Prostate, Kidney, Womb, Liver, Pancreas and Breast Cancers All Increasing

A 'concerning' trajectory in younger adults There have been increases in rates of prostate, kidney, womb, liver, pancreas and breast cancers among adults aged under 50, per Sky News. The findings come from the World Cancer Research Fund (WCRF), which analysed NHS data in England comparing diagnosis rates

Economy

Banks Repossessed 5,794 Homes in August, Up 42% From a Year Ago

The end of the pipeline is moving faster than the start Banks are taking back more homes. Lenders repossessed 5,794 US properties in August through completed foreclosures, up 42% from a year ago and 22% from July, according to real estate data firm ATTOM. That growth far outpaced the

AI

BlackRock's Larry Fink Says a Data Center Moratorium Could Trigger a Recession

The warning from the world's largest asset manager BlackRock CEO Larry Fink says a moratorium on data center construction could trigger a recession in the United States, per CNBC. "If we have a moratorium of some sort in this country, we will be in a recession,"

Macro

China's US Treasury Holdings Have Fallen by More Than Half From Their Peak, to the Lowest Level Since 2008

A decade-long drawdown China has been quietly reducing its US debt exposure for years. Its holdings of US Treasuries have fallen by more than half, from a record $1.32 trillion in 2013 to $618 billion in July, the lowest level since 2008, according to US Treasury data. China

Politics

Trump Says France Should Close Its Borders Amid Violent Unrest, Declaring 'France Is Burning'

'Close your borders and take control' President Trump has said that France should close its borders amid violent unrest, declaring that "France is burning" and blaming immigration for the protests. In a Sunday post on Truth Social, Trump wrote that the immigration of "people from

Politics

Trump Has Declined to Rule Out Declaring a National Emergency Related to the 2026 Midterms

'I don't rule anything out or in' President Trump has declined to rule out declaring a national emergency related to the 2026 midterm elections, per Reuters. In a Time magazine interview published in October, Trump left the possibility open. "I don't rule anything