Politics DOJ opens path for felons to apply to restore federal gun rights AG Todd Blanche finalized a DOJ rule opening a pathway for certain nonviolent felons to apply to restore their federal gun rights, with an estimated 330,000 applications expected in year one.
AI West Virginia bets on data centers to kill its income tax West Virginia Gov. Patrick Morrisey unveiled a 20-year plan to route 50% of hyperscale data center revenue into reducing and eventually eliminating the state income tax.
Markets FDA Recalls Grand Central Bakery Bread at Whole Foods, Fred Meyer Over Metal The FDA has recalled Grand Central Bakery Potato Sourdough bread sold at Whole Foods, Fred Meyer, QFC, PCC and other Seattle-area grocers after a pallet nail was found in a loaf.
Macro Bessent: US Can Grow Its Way Out of $40 Trillion Debt Pile Treasury Secretary Scott Bessent says the US can grow its way out of its $40 trillion debt pile, while VP Vance teases a ‘discreet’ plan that includes a sovereign wealth fund.
Geopolitics USS Abraham Lincoln heads home after 9-month Middle East run The USS Abraham Lincoln is heading back to San Diego after a nine-month Middle East deployment tied to the Iran war. The USS George Washington has taken over, with defense contractors in focus.
Macro Bessent: US Doesn't Need as Many Jobs After Deportations, Border Closure Treasury Secretary Scott Bessent told CNBC the US doesn't need to produce as many jobs after deportations and the border closure, brushing off a 23,000 job loss in July as noisy data.
Tech ‘De-Flock America’: Halloween Push to Vandalize Flock Cameras Goes Viral A viral ‘De-Flock America’ campaign is urging people to disable or destroy Flock Safety license-plate cameras on Halloween night, adding to mounting backlash against the $7.5B surveillance startup.
Politics Ex-Fauci Adviser Morens Pleads Guilty to Concealing COVID Records Former Fauci adviser Dr. David Morens pleaded guilty to conspiring to conceal COVID-19 research records. He faces up to five years in prison, with sentencing set for Nov. 12.
Macro Treasury Doubles Long-End Buybacks as 30Y Yield Hits 19-Year High Treasury is at least doubling long-end buyback operations to $4B per op from September 9 through November 4, after the 30-year yield hit a 19-year high of 5.34%.
Politics Michigan to Drop First-Semester Freshman Grades Starting Fall 2027 The University of Michigan will replace first-semester freshman letter grades with pass/no credit starting fall 2027, citing a student mental health crisis. The pilot covers all incoming LSA students.
Crypto Trump Floats Sizable US Bitcoin Purchase, BTC Reclaims $70K Trump says the US is considering a sizable Bitcoin purchase. BTC reclaimed $70K, over $1B in shorts got liquidated, and spot ETFs saw nearly $500M in two-day inflows.
Markets Trump Moves to Open 45M Acres of National Forest to Logging, Roads The Trump administration proposed rescinding the 2001 Roadless Rule, opening nearly 45 million acres of national forest to roads, logging, and extractive activity across 37 states. Timber names in focus.
Macro UK primary schools to flag children at risk of future unemployment A UK government review led by Alan Milburn is set to recommend that primary schools identify children at risk of becoming NEET, as youth worklessness tops 1 million and costs the UK an estimated £125bn a year.
Politics UC Professors Push to Bring Back SAT as Students Struggle With Basic Math More than 3,000 University of California professors are calling for the SAT and ACT to be reinstated in admissions, arguing incoming STEM students cannot handle high school math. The regents may act as soon as 2028.
Geopolitics US Sanctions ICC President Tomoko Akane in Escalating Clash With The Hague The US sanctioned ICC President Tomoko Akane of Japan and senior trial lawyer Abdoulaye Seye, escalating Trump’s campaign against The Hague-based court over its Israel probes.
Geopolitics Trump threatens to "bomb" Oman if it interferes with Iran talks Trump told Fox News the US will bomb Oman if it interferes with Iran negotiations, as the 60-day MOU on the Strait of Hormuz expires without a deal.
Macro Bessent Signals He Will Do 'Whatever He Can' to Cap Bond Yields Traders say Treasury Secretary Scott Bessent is signaling he will do whatever he can to keep long-end Treasury yields from spiking, from yen intervention to bond auction tweaks.
Markets 48% of U.S. Employers Drop Pre-Hire Marijuana Screening A recent survey reveals that 48% of U.S. employers have stopped pre-employment marijuana screening, reflecting changing attitudes and legal landscapes.
Markets Luigi Mangione Pleads Guilty to Federal Stalking in UnitedHealthcare CEO Killing Luigi Mangione pleaded guilty to federal stalking charges in the killing of UnitedHealthcare CEO Brian Thompson. Sentencing is set for December 18 with a maximum of life in prison.
Geopolitics MTG Claims White House Is Weighing Nuclear Strikes on Iran Marjorie Taylor Greene claims the White House is holding strategy meetings on using nuclear weapons against Iran. The claim is unverified, but the tail risk is real for oil, defense, and safe havens.
Macro US Posts Record July Budget Deficit of $432 Billion The US posted a record July budget deficit of $432 billion, pushing the fiscal 2026 shortfall to $1.8 trillion with two months still to go. The CBO now sees a $2.1 trillion full-year gap.
Politics AOC Reports Under $100K Net Worth, Still Carries 2007 Student Loan Alexandria Ocasio-Cortez’s latest financial disclosure lists a net worth under $100,000, with student loan debt dating to 2007. She remains one of the lowest net worth members of Congress.
Real Estate Manhattan Rents Hit Record $6,655/Month as Supply Tightens Manhattan's average rent hit a record $6,655/month in July, up 10% year-over-year, as vacancy sits near 1.5% and policy uncertainty over rent freezes and a pied-a-terre tax weighs on supply.
Markets Trump Weighs Capital Gains Tax Cut Ahead of Midterms Trump is reportedly weighing a capital gains tax cut and a home sale exemption as a midterm pitch. Passage is uncertain, but the headline is a catalyst for equities, housing, and rates.
Politics ICE plans up to $20M no-bid buy of electric shock gloves ICE is preparing a no-bid contract worth up to $20 million for thousands of electric shock gloves from Kentucky-based Compliant Technologies, adding to a broader immigration enforcement spending ramp.
