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Zohran Mamdani Elected NYC Mayor - Historic Socialist Upset

Zohran Mamdani won the New York City mayoral race in a landmark upset, becoming the city’s first Muslim and one of its youngest mayors. The victory reshapes national politics and ignited fierce debate over the Democratic Party’s future.

Number

36 days - Length of the U.S. government shutdown, now the longest in history

Quote

"Turn the volume up" — Zohran Mamdani

SPX 6,772 ↓ 1.17% Dow 47,085 ↓ 0.53% Nasdaq 23,349 ↓ 2.04% Gold 3,978 ↑ 0.44% BTC 101,963 ↑ 0.44%

24 Hours

Zohran Mamdani elected New York City mayor - Historic win

Zohran Mamdani secures a historic victory in New York City, defeating high-profile opponents and promising bold policy shifts. His win has national political ramifications and triggered fierce reactions across parties.

Mikie Sherrill wins New Jersey governor race - Democratic hold

Democrats swept major statewide contests, flipping or holding key offices that reshape the political map ahead of 2026. Victories include New Jersey, Virginia governorship and an attorney general pickup.

California approves Prop 50 - Newsom wins redistricting gambit

California voters approved Proposition 50, handing Gov. Newsom a redistricting tool that could add House seats for Democrats and alter the 2026 midterm map. The result has immediate national strategic consequences.

Government shutdown becomes longest in US history - 36 days

The U.S. federal government shutdown extended into a record-breaking month with mounting fallout for services, travel and benefits. Lawmakers face growing pressure to craft an off-ramp as economic and humanitarian pain spreads.

Massive fireball as UPS cargo plane crashes in Louisville - Multiple dead

A UPS cargo plane crashed near Louisville during takeoff, producing a massive fireball and multiple fatalities. Authorities closed the airport and launched search and rescue and an investigation into the cause.

Stocks tumble as stretched valuations spook investors

Global markets slid as stretched tech valuations and AI concerns triggered a selloff. Investors reassessed richly priced names and safe-haven flows lifted bonds and the yen amid volatile trading.

Bitcoin drops below 100000 as crypto selloff accelerates

Crypto markets plunged alongside equities with bitcoin dipping below key thresholds and traders bracing for further downside. The rout highlights renewed risk-off sentiment across crypto and stocks.

Supreme Court weighs legality of tariffs - Major test of presidential power

The Supreme Court prepares to hear a major test of presidential tariff power, challenging the administration's use of emergency trade authority. The case has sweeping economic and political implications.

US sanctions bankers accused of laundering funds for North Korea

Washington announced sanctions and exposed networks tied to North Korea's illicit financing while U.S. military strikes continued against suspected narco-trafficking vessels. Officials say these moves target funding for weapons programs.

Israel identifies remains of hostage handed over by Hamas

The conflict in Gaza remained active with new strikes and prisoner exchanges creating fresh headlines. Israeli forces reported attacks and the return and identification of hostage remains added to regional tensions.

Typhoon Kalmaegi leaves dozens dead in central Philippines - Rescue under way

Typhoon Kalmaegi battered the central Philippines causing mass flooding and large loss of life in provinces still recovering from earlier quakes. Rescue and relief operations face transportation and infrastructure challenges.

China eyes $4 billion bond as state orders top $65 billion

Beijing signalled changes in trade policy and markets watched closely as China adjusted tariffs and contemplated bond sales. Officials highlighted efforts to stabilize trade and investment amid global tensions.

Novo Nordisk lowers growth outlook for weight loss drugs

Pharmaceutical firms face pricing pressure while governments negotiate coverage for weight loss drugs. Novo Nordisk trimmed growth forecasts and deal talks over Medicare coverage moved forward.

Google and Epic reach settlement - Android changes proposed

Google and Epic reached a proposed settlement over the long-running antitrust case, with potential global changes to the Android ecosystem. The move could alter app store economics and competition worldwide.

Apple plans cheaper Mac laptops to target budget PC market

Apple is planning lower-cost Mac models to compete with Chromebooks and budget PCs while supply chain moves hint at a strategy shift. Industry sources say affordable Mac laptops could arrive in 2026.

IBM to cut thousands of workers amid AI refocus

Legacy tech firms are restructuring as AI priorities shift; IBM announced large cuts tied to a pivot toward software and AI services. The moves signal broader industry change and job impacts.

Ukraine destroys elite Russian unit in Black Sea oil rig strike

Ukraine struck high-value Russian targets at sea as the war continues to consume both sides. Kyiv's operations and presidential visits underscore a sustained operational tempo in the east and along maritime assets.

Judge orders White House to restore sign language interpreters

A federal judge ordered the White House to restore American Sign Language interpreters at briefings, rebuking the administration for relying on captions alone. The ruling has immediate accessibility and legal implications.

Dick Cheney dies at 84 - Former vice president remembered

Former vice president Dick Cheney died at 84, prompting retrospectives on his expansive and controversial legacy. Analysts debated his imprint on US foreign policy and the modern presidency.

Transportation secretary warns of mass cancellations if shutdown persists

Transportation officials warned of escalating air travel chaos if the shutdown continues, raising the prospect of flight cancellations and regional airspace closures. Airlines and travelers face mounting disruption risks.

Trump threatens to withhold SNAP funding until government reopens

The White House and courts clashed over Supplemental Nutrition Assistance Program funding during the shutdown, triggering public and legal scrutiny. Officials scrambled to clarify policy and compliance with orders.

RSF commander estimates thousands killed in El Fasher massacre

Reports from Sudan detailed mass atrocities and mass graves around el-Fasher with alarmingly high casualty estimates. Humanitarian agencies warned of worsening famine and urgent needs in conflict zones.

Articles of impeachment filed against Judge Boasberg - GOP move

Republican lawmakers filed articles of impeachment against Judge James Boasberg over controversial investigations, escalating a partisan fight over the judiciary. The move could set up heated congressional proceedings.

Judge poised to demand sweeping changes at immigration facility

Judicial and watchdog reports flagged abusive conditions at immigration detention facilities and signalled likely court-ordered reforms. Local and federal scrutiny intensified after detainee testimony and inspections.