TODAY’S NEWS FLASH:
Political Landscape
U.S. and China agree to a trade deal 'framework,' treasury secretary says
President Donald Trump and Chinese President Xi Jinping are expected to reach a deal to avert a new 100% U.S. tariff on Chinese goods and are likely to meet in person soon, Treasury Secretary Scott Bessent said following talks with Beijing’s top trade negotiator.
Federal food aid will not go out starting Nov. 1 amid government shutdown, Trump administration says
The U.S. Department of Agriculture has posted a notice on its website saying federal food aid will not go out on Nov. 1, raising the stakes for families nationwide as the government shutdown drags on.
Global Impact
Netanyahu says Israel will decide which international forces are 'unacceptable' in Gaza
A number of countries have offered to take part in the international stabilization force expected to operate in Gaza, Secretary of State Marco Rubio has said, even as key details, including its mandate, were still being negotiated.
Javier Milei hails ‘tipping point’ as his far-right party wins Argentina’s midterm elections
The party of Argentina’s far-right president, Javier Milei, has won Sunday’s midterm elections after a campaign in which US president Donald Trump announced a $40bn bailout for the country and made continued aid conditional on the victory of his Argentinian counterpart.
Economic Pulse
Air traffic controllers are about to miss their first paycheck. Some are now forced to get a side gig.
Four days into the government shutdown, Jack Criss, an air traffic control specialist at Andrews Air Force Base in Maryland, assumed a second role — driving for DoorDash.
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Bitcoin 'just doesn’t cut it anymore': Miners' pivot to AI sends stocks soaring
Bitcoin miners are using their computing power to service a thirsty AI boom, and investors are taking notice.
Quick Takes
Former New York Jets Star Nick Mangold Dead At 41, 2 Weeks After Pleading For Kidney Transplant
Trump’s Plan May Undo 1933’s Biggest Financial Injustice.
One week after four thieves swept through the Louvre in just seven minutes, the first arrests have been made in a case that exposed critical security weaknesses and wounded French pride.
The main wreckage of a cargo plane that veered off a Hong Kong runway and plunged into the sea was recovered from the waters on Sunday, days after the deadly crash.
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