Politics
Democrats Take Congress With Oversight Power and a 60-Vote Hurdle
Their proposed first-100-days agenda includes health care and food assistance. Federal funding expires Dec. 11, before the new Congress convenes.
Global economy
Economy
Treasury designates 6,576 communities for investment tax breaks
The U.S. Treasury and IRS designated 6,576 communities as Opportunity Zones, with tax incentives taking effect Jan. 1, 2027, for a 10-year term.
More to read
- Ukraine Reports Four Injured in Russian Strikes Ahead of Abu Dhabi Talks
- Norges Bank Holds Rate at 4.5% as Inflation Stays Above Target
- West Monroe Survey Finds 74% of Buyers Put More Than 10% of IT Budgets Into AI
- XRP Long Liquidations Reach $5.62 Million as Binance Quote Falls 5.98% in Four Hours
- Kalshi prices 65.5% chance of higher Fed rate range in December
Environment
UNEP Says the World Can No Longer Avoid a 1.5°C Warming Overshoot
Scientists expect long-term warming to pass 1.5°C near decade’s end. Current-policy projections have fallen since 2015, but progress has stalled since 2021.
Read the storyWorld, business & science
Politics
Ukraine Reports Four Injured in Russian Strikes Ahead of Abu Dhabi Talks
The Air Force said Russia launched 128 drones and two missiles overnight. Talks involving Ukraine, Russia and the United States are scheduled for Nov. 10-11.
Technology
West Monroe Survey Finds 74% of Buyers Put More Than 10% of IT Budgets Into AI
The survey found a gap in views on whether companies buy or build AI and which software pricing models buyers prefer.
Science
CERN's LHCb Finds Evidence of Neutral B⁰ Decay Predicted Once in 10 Billion
The signal reached 3.2 standard deviations when combined with earlier data, short of the five standard deviations CERN says are needed to confirm the decay.
Policy & central banks
Business
India Probes Pernod Ricard, Diageo Over Scotch Whisky Import Tariffs
Indian tax authorities have launched an investigation into global liquor giants Pernod Ricard and Diageo over allegations that certain bulk Scotch whisky imports were incorrectly classified to benefit from reduced tariff…
Central Banks
Norges Bank Holds Rate at 4.5% as Inflation Stays Above Target
September inflation reached 3.4%, and the krone had strengthened beyond the bank's prior assumption.
Economy
Paraguay Senate Approves Bill for Faster Ueno Bank Deposit Advances
The bill would cap advances at 40 minimum wages, about 121 million guaraníes, and count them toward existing coverage. The Chamber of Deputies was scheduled to consider the measure Nov. 5.
Technology
Business
Einride Deploys Four Autonomous Electric Vehicles at Lorenz's German Plant
The fleet will move raw materials, finished products and empty pallets under a five-year service agreement at the Neunburg vorm Wald site.
Investing
Nvidia Falls 7.6% in Its Biggest Decline Since April 2025
A 10:29 a.m. ET Thursday snapshot put Nvidia shares 7.6% lower for the session.
Investing
Nasdaq Was Down 3.6% in 10:10 a.m. ET Snapshot as AI Stocks Slid
AP reported losses for Nvidia, Advanced Micro Devices and CoreWeave in a morning market snapshot. The October U.S. jobs report is due Friday at 8:30 a.m. ET.
Markets & finance
Economy
U.S. Business Activity Slows in October as Final PMI Falls to 55.9
Manufacturing output and services activity both grew at a slower pace, while the score stayed above the 50-point expansion threshold.
Investing
YieldMax Raises GMEY’s Nov. 6 Weekly Distribution 2.78% to $0.2850
The prior payout was $0.2773. Nov. 5 is the ex-dividend and record date.
Business
RedotPay Completes Audits as Stablecoin Firm Advances U.S. IPO Plans
Hong Kong-based stablecoin payments company RedotPay has completed a financial audit as it moves forward with preparations for a potential U.S. initial public offering. RedotPay said Monday that it also finished a separa…
Health & society
Business
Blinkit Sets ₹2,500 Charge for Non-Emergency Ambulance Trips
Emergency transfers will remain free. Deepinder Goyal said the proceeds will support expansion as Blinkit aims to reach major Indian cities within two to four years.
Health
CMS Sets 80% Medicare Rate for Additional Same-Day Services in 2027
The final rule limits the change to zero-day global procedures. APMA says it could threaten access to podiatric care.
Health
Sanofi Ends Phase 1 Trial, Terminates SAR448272 Program, Nurix Says
SAR448272 is an oral STAT6 degrader developed under the companies’ collaboration. Nurix no longer expects milestone payments or royalties tied to the program.
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