Now
US Navy scrambles after helicopter and fighter jet crash in South China Sea + Milei’s far-right triumph in Argentina’s midterms sends shockwaves through Washington + ICE detains British journalist Sami Hamdi amid US tour—sparking free speech furyUS China trade truce: framework agreed ahead of Trump Xi summit
Top US and Chinese officials reached a preliminary framework for a trade deal ahead of a planned meeting between Presidents Trump and Xi, potentially averting steep tariffs and easing global market tensions.
Number
21.6% - China industrial profits surged in September year on year
Quote
"I believe all the details are ironed out" — Scott Bessent
SPX 6,792 ↑ 0.79% Dow 47,207 ↑ 1.01% Nasdaq 23,205 ↑ 1.15% Gold 4,089 ↓ 1.19% BTC 115,036 ↑ 0.42%
24 Hours
US China trade truce: framework agreed ahead of Trump Xi summit
Top US and Chinese officials reached a preliminary framework for a trade deal ahead of an expected summit between Presidents Trump and Xi. Negotiators said the agreement could avert steep tariffs and set terms for broader economic cooperation.
TikTok deal near completion... Treasury says China agreed
Officials signaled progress on the future ownership of TikTok, with the US Treasury saying China has agreed to terms. The TikTok agreement is tied to wider US China trade negotiations and could be formalized when leaders meet.
Hurricane Melissa strengthens to Category 4: Jamaica warned of catastrophic flooding
Hurricane Melissa rapidly intensified into a major storm and threatened Jamaica and other Caribbean islands. Emergency officials warned of catastrophic flooding and urged residents to seek shelter as the hurricane approached.
Flights to LAX halted: FAA issues ground stop amid controller shortage
A staffing shortage among air traffic controllers triggered a temporary ground stop for flights bound for Los Angeles before authorities lifted the hold. The disruption highlighted strains in FAA operations amid the government shutdown.
Federal food aid halted Nov 1: USDA posts notice
The government shutdown pushed several federal programs toward suspension, including emergency food aid and other benefits. Treasury officials also warned the shutdown could delay military pay if it continues into mid November.
Russia tests nuclear powered cruise missile: Putin vows deployment
The Kremlin announced a successful test of a nuclear capable cruise missile, claiming advances in a weapon that Moscow says can evade defenses. Western experts have expressed skepticism but called the claim significant for global security.
Russian drone strike on Kyiv kills three civilians
Russian drone attacks struck Kyiv in overnight raids, killing civilians and prompting calls for stronger sanctions. The strikes underscored the ongoing toll on Ukraine and renewed international concern about Moscow's tactics.
US Navy helicopter and fighter jet crash in South China Sea - crew rescued
Two US Navy aircraft crashed during separate operations over the South China Sea within hours of one another. Rescue teams recovered crew members from the water and officials launched investigations into both incidents.
US warship docks in Trinidad and Tobago: pressure on Venezuela increases
The US deployed naval assets to the region as tensions with Venezuela rose, prompting Caracas to denounce the moves as provocative. Washington says the presence supports regional stability amid disputes over drug trafficking.
Milei wins mandate: libertarian victory reshapes Argentina politics
Argentina’s libertarian president and his coalition scored major victories in midterm contests, boosting his mandate for economic overhaul. Markets and investors reacted quickly as analysts assessed implications for Argentina’s finances.
Paris police arrest suspects in Louvre crown jewels heist
French authorities made multiple arrests in a high profile theft of crown jewels from the Louvre last week. Prosecutors said suspects were detained as investigators pieced together a rapid daylight heist that exposed security flaws.
Australia sues Microsoft over AI linked subscription hikes
Australia's competition regulator launched legal action against Microsoft over alleged misleading AI subscription pricing, seeking remedies for millions of affected customers. The dispute highlights global scrutiny of Big Tech pricing tied to AI features.
Novartis to buy Avidity Biosciences for about $12bn
Swiss drugmaker Novartis agreed to buy US biotech Avidity Biosciences in a multibillion dollar deal aimed at strengthening its neuroscience pipeline. The cash acquisition values Avidity at roughly $72 per share.
Boeing defense workers reject contract offer, extend strike
Boeing defense workers in the Midwest rejected the company’s latest contract offer and extended a months long strike. The continued work stoppage threatens production schedules at plants that build military aircraft.
Trump presses Hamas to recover remains of Israeli hostages
Efforts continued to recover the remains of Israeli hostages from Gaza with international teams and heavy equipment assisting searches. Diplomatic pressure and battlefield constraints have complicated recovery operations.
Senators demand answers over US strikes on alleged drug boats
Senators from both parties demanded briefings and evidence after US strikes targeted alleged drug trafficking boats, sparking debate over legality and escalation. Some lawmakers warned the campaign risked widening regional tensions.
Pentagon receives $130m anonymous donation to cover military pay during shutdown
The Pentagon disclosed an unprecedented anonymous donation to cover some military pay during the shutdown, raising legal and fiscal questions. The contribution aimed to ensure continuity for service members amid mounting funding shortfalls.
Transport secretary warns controllers are wearing thin amid shutdown
Transportation officials warned air traffic controllers are strained and facing missed paychecks, heightening safety concerns as the shutdown continues. Calls rose for a solution to avoid disruption and fatigue among controllers.
British journalist Sami Hamdi detained by ICE at San Francisco airport
A British journalist touring the US was detained by immigration agents, prompting calls from civil rights groups for his release and drawing diplomatic attention. Authorities said visa and national security concerns were under review.
Migrant sex offender mistakenly released is rearrested in north London
A convicted migrant sex offender who had been mistakenly released from prison was recaptured following a manhunt in London. Officials said the error prompted investigations and swift action to resecure the suspect.
Russia Ukraine war day 1341: key events update
A daily compendium tracked the long running Russia Ukraine war with updates on the frontlines and key events. The timeline offered a snapshot of military advances, strikes, and diplomatic moves on day 1,341 of the conflict.
US farmers criticize Trump plan to import Argentine beef
US farmers voiced anger at a White House proposal to import Argentine beef as a means to lower consumer prices, saying it would hurt domestic ranchers. The dispute exposed tensions between trade policies and farm constituencies.
Asia Pacific markets set to rise as US China trade talks progress
Markets reacted to diplomatic progress as Asia Pacific and US futures rose on US China trade news. Investors prepared for a consequential week of central bank moves and megacap corporate earnings.
Swalwell demands Democrats pledge to tear down Trump's White House ballroom
The White House East Wing demolition and a planned $300 million presidential ballroom ignited partisan attacks and defenses. Democrats pushed pledges to tear down the project while some editorial boards defended the renovation, making the ballroom a political flashpoint.