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40 airports face 10% cut as shutdown drags on

The FAA will cut flight capacity at 40 major US airports by roughly 10 percent as the government shutdown continues, threatening cancellations and travel chaos during the holiday travel period and pressuring negotiators to end the shutdown

Number

153,074 - Number of job cuts announced in October the highest October total in 22 years

Quote

"These are not things that are thought of as Article II powers, [but] quintessential Article I powers" — Justice Elena Kagan

SPX 6,751 ↓ 0.67% Dow 47,047 ↓ 0.56% Nasdaq 23,203 ↓ 1.26% Gold 3,994 ↑ 0.04% BTC 101,484 ↓ 2.32%

24 Hours

FAA to cut flights at major hubs - cities brace

The FAA will cut flight capacity at dozens of the nation's busiest airports as the government shutdown strains air traffic control staffing. The reductions will begin imminently and threaten Thanksgiving travel at major hubs.

White House says SNAP cuts will be smaller than first announced

The administration revised its SNAP calculations after public blowback, saying November benefits will be higher than earlier estimates. Officials admitted errors as millions of recipients face uncertainty during the shutdown.

Trump announces deal with Novo Nordisk and Eli Lilly to cut drug costs

President Trump announced landmark agreements with Eli Lilly and Novo Nordisk to lower prices and expand coverage for GLP‑1 obesity drugs. Multiple White House statements offered different price figures and program details.

Novo Nordisk executive collapses behind Trump in Oval Office

An attendee at the White House drug pricing announcement collapsed near President Trump, forcing feeds and the event to be paused. Officials later confirmed the man was treated and the incident disrupted the Oval Office appearance.

Nancy Pelosi announces she will retire from Congress

Speaker Emerita Nancy Pelosi announced she will not seek reelection, ending a nearly four‑decade congressional career. Her retirement sets up a competitive scramble for senior Democratic posts.

Maps show how Zohran Mamdani won New York City

Zohran Mamdani's upset mayoral victory is reshaping New York politics and unsettling Wall Street. He quickly assembled an all female transition team, signaling an aggressive progressive agenda and prompting investor concern.

DOJ prepares grand jury subpoenas in John Brennan probe

Justice Department officials are preparing multiple grand jury subpoenas tied to an investigation of former CIA director John Brennan. The move signals a potential escalation of legal scrutiny into intelligence‑era actions.

Appeals court gives Trump pathway to challenge hush money conviction

Federal appeals courts are revisiting high profile Trump cases as judges scrutinize presidential immunity and venue questions. Recent rulings could reshape whether state convictions withstand appeal.

Justices spend hours weighing legality of presidential tariffs

The Supreme Court displayed skepticism during oral arguments over President Trump's sweeping tariff powers, raising doubts about the legality of his emergency tariff program. The outcome could have large economic consequences.

Dow tumbles as tech stocks slide amid layoffs pressure

Markets fell as fresh data showed elevated job cuts and investor nerves over layoffs and AI driven cost cutting. The selloff came amid tumbling tech stocks and renewed recession worries.

Investigators probe deadly UPS cargo plane crash near Louisville

Investigators continued recovery and wreckage searches after a UPS cargo plane crashed and exploded near Louisville, leaving a wide debris field and multiple victims. Federal agencies are probing possible mechanical and maintenance issues.

IDF targets Hezbollah rebuilding effort in Tyre after ceasefire breach

Israel intensified air operations in southern Lebanon targeting Hezbollah after accusing the group of rearming. The strikes represent a risky escalation near the Israel northern border and raise fears of broader conflict.

Paramilitary group accepts humanitarian truce after heavy fighting

International mediators reported that Sudan's Rapid Support Forces agreed to a U.S. proposed ceasefire, offering a temporary reprieve after years of brutal fighting. The deal aims to allow humanitarian access but faces enforcement challenges.

Deadly Typhoon Kalmaegi makes landfall in Vietnam

Typhoon Kalmaegi slammed into Southeast Asia after devastating parts of the Philippines, killing scores and leaving communities cut off. Vietnamese authorities reported major damage as recovery and rescue operations ramp up.

Kazakhstan expected to join Abraham Accords in Trump meeting

The Trump administration is seeking new diplomatic openings in Central Asia as Kazakhstan prepares to join the Abraham Accords, expanding ties with Israel. The move signals a broader US push to diversify regional alliances.

Judge will order federal agents to restrict force against protesters and media

A federal judge in Chicago announced sweeping restrictions on immigration agents' use of force during protests, finding current tactics violate constitutional protections for journalists and peaceful demonstrators.

Texts appear to show Border Patrol agent bragging about shooting

Text messages and court filings show a Border Patrol agent allegedly bragged about a shooting in Chicago, triggering oversight scrutiny. The revelations add to broader questions about federal agent conduct during enforcement operations.

Judge approves DOJ request to dismiss criminal charge against Boeing

A judge approved dismissal of a criminal conspiracy charge against Boeing tied to the 737 Max crashes as part of a larger settlement, prompting criticisms and renewed scrutiny of DOJ decisions in aviation safety cases.

Five memorable moments from Nancy Pelosi's career

Leaders and public figures offered immediate reactions to Nancy Pelosi's retirement, framing it as the end of an era and sparking debate over her legacy and who will fill the Democratic leadership void.

Mark Zuckerberg loses nearly $5 billion as Meta shares slide

Internal Meta documents and market moves have put pressure on the company as executives disclose billions lost and a material share of ad revenue tied to scam and fraudulent ads. Investors and regulators are watching closely.

FBI subpoenas web registrar behind Archive is to unmask owner

The FBI is attempting to unmask the operators of archival mirror sites used widely online, subpoenaing web registrars and raising questions about archives and investigative transparency in high profile probes.

IDF identifies remains of returned hostage as Tanzanian student

Israeli forensics confirmed the identities of returned hostage remains, while officials continue investigations and negotiations over detainee transfers. The identifications underscore the human cost of the Gaza conflict.

Satellite images show dramatic growth of China's military production sites

Satellite imagery and reporting reveal a sharp expansion of China's missile and military production capacity, prompting alarm in Western capitals. Moscow meanwhile ordered proposals on resuming nuclear tests in response to US moves.

Microsoft forms superintelligence team under AI chief Suleyman

Major tech companies are announcing ambitious AI efforts as leaders warn of a global race. Microsoft formed a top level superintelligence team while chip industry figures caution China may surge ahead.