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  • Morning News: November 9, 2026
    Posted by Eddy Elfenbein on November 9th, 2026 at 7:07 am

    Trump’s Weakness and Overtures to Russia Put Ukraine on Edge

    Rubio Sees No Iran Breakthrough as Trump Downplays Strikes

    Trump’s $1.5 Trillion Defense Budget to Be Blocked by Democrats

    Trump’s Congeniality Didn’t Last the Weekend. Buckle Up

    Chinese Banks Boost Dollar Deposit Rates, Sources Say, as Beijing Seeks To Smooth Yuan Rally

    Japan Spent Record $50 Billion in Single Day to Bolster Yen

    For Trump’s Fed Ambitions, a Democratic Senate Poses the Biggest Hurdle Yet

    Milton Friedman Was Incorrect About the Fed. November 4 Shows Why

    U.S., Eurozone Bond Yields Turn Higher as Investors Shift Focus Back to Data

    On Paper, Americans Have Never Been Richer. But They’re Pessimistic About Their Personal Finances

    Treasury Rally Gets New Boost as Election Hammers AI Trade

    Hedge Funds Dump Tech Stocks at One of Fastest Paces on Record

    AI’s Giant Fundraisers Test the Market After Midterm Rout

    American Banking’s Crypto-Phobic Berlin Wall

    Coinbase Gets Final Regulatory Stamp for Trust-Bank Charter

    How a Bank Implosion in Paraguay Ensnared a President

    Beware the Influence of Financial Giants

    The Gambling App Playbook for Bankrupting Young Men

    A Case for Giving the Jones Act a Two-Year Time Out

    Weil Gotshal Was Profitable. But Not Profitable Enough.

    Nvidia Shares Drop After CEO Huang’s Affair Triggers Board Probe

    Nvidia’s Board Investigates Reports That CEO Was Spying Target After Affair

    Is Jensen Huang Too Powerful to Be Punished by Nvidia?

    Jensen Huang Is Bigger Than Nvidia — And It’s a Problem

    Nvidia’s Data Center Vision Spurs Race to Reinvent Electric Transformers

    AI Agents Are a Solution Looking for a Problem

    Musk Says Tesla to Return Cybertruck Deposit to ‘Lot of People

    Vineyards in Chile Sell Land, Swap Crops and Go Luxe as Demand Fades

    Americans Hunt for Holiday Deals That Stay in Their Own Closet

    Reality TV’s Newest Viewers Are Here to Make Money

    The World Can’t Get Enough Anime. Can Japan Cash In on Its Success?

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  • Morning News: November 6, 2026
    Posted by Eddy Elfenbein on November 6th, 2026 at 7:02 am

    China’s Extraordinary Path to Power

    The Negotiators Who Brought China Into the World Economic Order

    Why China Uses a ‘National Team’ to Influence Trading

    Eurozone Retail Sales Slump as Energy Shock Hits Confidence

    Oil’s Plunge Below $100 Doesn’t Mean Markets Are Out of Jeopardy

    US Allies Need a Plan for a Lame-Duck Trump

    Stable Labor Market to Keep Fed on Track to Raise Rates Gradually

    US Treasury Traders Make Bullish Bets Ahead of Jobs Report

    Bitcoin Selloff Eases as Investors Explore Cautious Recovery

    Stocks Bounce Back in Another Day of Dizzying Volatility

    The Hot New Place to Bet on Stocks Is a Health Savings Account

    Fast-Money Systematic Funds Stoked $2.3 Trillion Tech-Stock Rout

    Wall Street Peers into Abyss of AI Trade as Midterms Expose Risk

    Washington’s Stock Portfolio Needs a Board and a Ledger

    Trump Media’s Investors Lost $2.2 Billion While Trump Holds $460 Million Stake

    Hackers Paid $15 to Drain $2.5 Billion From Binance in One Hit

    Why Investors Are Searching for Hope in Home Builders

    Data-Center Pullback in US May Shield Real Economy From AI Bubble

    Buffett and Munger Would Know How to Invest in AI

    ‘What Everybody Is Concerned About Is Cyber’

    Google’s $500 Billion Lesson for Antitrust Officials

    Apple’s iPhones Are About the U.S. as Much as the World

    Tesla’s Polarizing Cybertruck to Wind Down Production Amid Slow Sales

    Zipline Valuation Soars as Drone Startup Raises Funds, Expands Walmart Deal

    Lilly, Hims Join Forces to Reach More Obesity Drug Patients

    Moderna Boosts Revenue Guidance on Covid Vaccine Sales

    Humana Lifts Outlook as Quarterly Revenue Jumps

    Moscow Seizes Japan Tobacco’s Russia Factories

    Under Armour Sinks After Cut to Margin Forecast Hits Turnaround

    Outback Steakhouse Owner Raises Profit Outlook as Chain’s Turnaround Continues

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  • Morning News: November 5, 2026
    Posted by Eddy Elfenbein on November 5th, 2026 at 7:06 am

    Bank of England Raises Rates as Iran War Pushes Up Prices

    Oil Climbs From Two-Month Low as Traders Parse Iran War Outlook

    When Democrats Run Against Democrats, Democrats Always Win

    A Cornered Trump Is a More Volatile Trump

    The Elon Musk Era of Politics Is Just Beginning

    Sahm: AI Is Coming for the Economists in the White House

    In Victory, Democrats See Economic Mandate to Cut Costs and Curtail Trump

    A Nobel-Winning Economist Has a Warning for Democrats

    In Ballot Items, Fiscal Conservatism Beats Socialism

    Trump’s Trouncing Gives Warsh More Room for Maneuver on Rates

    How the Federal Reserve Emerged as a Winner From the US Election

    The Fed Needs a Better Way to Talk About Interest Rates

    Banks Brace for Tighter Oversight from US Congress After Democrats Sweep

    Wall Street’s Healthcare Checkup After the Midterm Rout

    What the Midterm Election Results Mean for Your Money

    The Wants We Never Knew We Had: Galbraith, Friedman & AI

    OpenAI to Change How It Handles Data Center Efforts After Outcry

    Alphabet’s Search Dominance Is at Risk From Its Own AI Success

    The Making of Dario Amodei

    Ads in Popular Apps Give Police a Powerful Tool to Spy on Users

    China Blocks SoftBank’s $5.4 Billion Robotics Takeover, Impeding Foreign Deals

    A New Factory Isn’t Necessarily a Sign of Growth

    The Texas-Size Political Tremor Rattling Big Business

    ConocoPhillips Profit Rises as Oil Prices Climb

    High Gas Prices Boost Sales for Hybrid Giant Toyota, Sending Stock Soaring

    VW to Pay Big Premium in Hybrid Debt Sale as Carmaker Struggles

    Inside CVS’s Decision to Break Up a Healthcare Juggernaut

    Lyft Launches $9.99-a-Month Program With DoorDash Membership

    Wendy’s Rejects Takeover Bid From Trian to Take It Private

    Canada Goose Loss Widens as Higher Costs Weigh Down Results

    Craft Beer Makers Strain on Both Sides of US-Canada Trade Clash

    Peloton Forecast Tops Estimates in Sign of Comeback Progress

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  • Morning News: November 4, 2026
    Posted by Eddy Elfenbein on November 4th, 2026 at 7:20 am

    Democrats Take Congress as Trump Says Iran War Is Partly to Blame for GOP Losses

    Oil Prices Fall as Investors Weigh U.S. Midterm Results, Iran Risks

    Trump Plays Down Prospect of Strikes on Iran After Midterm Rout

    What Changes (or Doesn’t) Now?

    The Size of the Blue Wave Confronts Markets

    Stocks Rise as Democrats Flip Control of Congress

    Musk’s Tesla, SpaceX Slide as Democrats Sweep Congress

    Wall Street Banks Are Finally Seeing Their China Bets Pay Off

    World Bank to Push for More Bond Issuance by African Cities

    Will Republicans Learn From This Defeat? Not Likely

    The Business Fallout From a Blue Wave

    US Mortgage Rates Retreat for Third Week While Holding Above 7%

    Where In the U.S. Are Homeowners Freest to Build?

    US Bank Regulator Issues First-Ever AI Guidance for Examiners

    Prediction Markets Make Owning a Business Less of a Gamble

    The AI Sell-Off Saved Apple from a Sell-Off of Its Own

    Microsoft’s Buyouts Imperil Its AI Ambitions

    Nvidia China Clients to Get 1% of $70 Billion RTX Chips Ordered

    3M Announces $7.4 Billion Settlement in ‘Forever Chemicals’ Injuries Case

    HP Names Emma Walmsley as New CEO, Ending Monthlong Search

    Waymo Co-CEO Says Uber App Deal Was ‘Crapshoot’ for Riders

    CVS Raises Forecast on Health Care Benefits, Pharmacy Gains

    CVS Plans to Break Up $117 Billion Healthcare Conglomerate

    Americans Cut Back on Boats and RVs—but Can’t Stop Buying Harley-Davidsons

    McDonald’s US Slump Cushioned by Increase in Order Sizes

    Wayfair Logs Profit as U.S. Sales Drive Revenue Growth

    How Beer Companies Stole Happy Hour From Liquor Brands

    Kraft Heinz to Sell Coffee Unit to Refocus on Other Brands

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  • CWS Market Review – November 3, 2026
    Posted by Eddy Elfenbein on November 3rd, 2026 at 4:17 pm

    (This is the free version of CWS Market Review. If you like what you see, then please sign up for the premium newsletter for $20 per month or $200 for the whole year. If you sign up today, you can see our two reports, “Your Handy Guide to Stock Orders” and “How Not to Get Screwed on Your Mortgage.”)

    Americans are headed off to the polls today. As usual, I’ll skip any politics, but I will note that historically, the mid-term elections have been a good time for the bulls. The low point in the presidential election cycle has historically been right now. Yesterday, the S&P 500 closed at its lowest level since July.

    Since 1950, there have been 19 midterm elections, and stocks have gone up the following nine months and 12 months every time. Taking the midterm election day as the starting point, the average 12-month gain in those cycles was +15.1%.

    Last week, the Federal Reserve voted to leave interest rates alone. It looks like the Fed is leaning towards a rate hike next month, but we can’t say for certain just yet. One big event will come this Friday: the October jobs report. The last few reports have been unimpressive. Wall Street isn’t expecting much this time. A lousy report could delay the Fed’s rate-hiking plans.

    The stock market continues its turn towards defense. This is an important change that investors should understand. After a long time of not doing so well, defensive stocks are suddenly popular.

    For example, over the last month, healthcare stocks have done very well compared with the overall market. Since October 5, the S&P 500 ETF (SPY) is -2.6% while the Healthcare ETF (XLV) and Staples ETFs (XLP) are up 9.9% and 9.7% respectively.

    Utilities (XLU), another key defensive sector, have also done well with a gain of 8.6%. I’ll caution you—pinpointing the start of a sector rotation is a tricky game, and you see many false positives. In fact, we saw one last summer. Still, this turn toward defensive is notable. For one, these sectors have trailed the market by so much for so long that you should expect some pushback. Also, once the cycle changes, it can last for a few years.

    Q3 GDP Grew by 3.4%

    The economic news has been surprisingly good. On Thursday, the Commerce Department said that the U.S. economy grew in annualized inflation-adjusted terms of 3.4% for Q3. That’s quite good. Wall Street had been expecting growth of 3.1%. In Q2, the economy grew by 2.2%.

    We won’t get the earliest Q4 numbers until late January, but I think there’s a good chance that the U.S. grew by 50% in nominal terms over the last six years. Here are some details from Thursday’s report:

    Consumer spending rose 3.8% in the third quarter, the same pace as the prior period. Gross private domestic investment soared 19.4%, driven by a 20.9% surge in equipment spending and an 8.4% jump on intellectual property products.

    Real sales to private domestic purchasers, a proxy that Fed officials use for underlying demand, rose 4.9%, compared with a 4.6% increase in the second quarter.

    With the GDP numbers, the government also releases the personal consumption expenditures price data which the Fed prefers to follow. For September, PCE prices rose by 0.5% which put the 12-month figures at 3.6%. That was the largest increase since March.

    Core PCE was up 0.3% for the month and 3.1% for the last year. In September, consumer spending rose by 0.5% while personal income rose by 0.2%. Despite multiple reports of its imminent death, the U.S. economy continues to grow. I’ve often noticed that good economic news really upsets some people.

    Here’s another shocking stat that we recently got: The U.S. poverty rate recently fell to its lowest point on record. According to the Census Bureau, the poverty line for a family of four is $32,649. The median household income ⁠increased 2.6% to $87,460.

    It’s not just here but also around the world. The World Bank recently released a fascinating report. Between 2011 and 2023, a staggering 496 million people in India were lifted out of poverty. That averages over 110,000 people every day for 12 years. This is one of the largest declines in poverty on record, yet we rarely hear about this.

    By poverty, we mean the Lower Middle-Income poverty line is listed as income of $4.20 per day. The numbers show that 57.7% of people had been living below this line. Now that share is down to 16.1%.

    If we look at the extreme poverty line, which is $3 per day, then poverty fell from 27.1% to 2.6%.

    What caused the decline? The World Bank said it was “mainly driven by strong consumption growth, rising employment, especially among women, and expanded social transfers, including food subsidies.”

    To be sure, there are still vast wage differences in India. The top 10% makes about 13 times those of the bottom 10%, but there are reasons for optimism. Between 2017 and 2023, employment increased by about 134 million. The World Bank estimates that the share of people making less than $4.20 per share will fall from 14.2% now to 12.1 by 2028.

    The European Economy Is Struggling

    On Friday, Eurostat said that the eurozone economy grew by just 0.4% for Q3. That beat forecasts for growth of 0.2%, but it was less than Q2’s growth of 0.6%.

    The German economy grew by 0.2% while Italy and Spain grew by 0.6%. The weak link was France whose economy shrank by 0.1%. The French are dealing “with soaring borrowing costs as investors balk at a political struggle to reduce its large budget deficit and mounting national debt.” Ireland was the big winner at 5.5% growth, but that number can be very volatile.

    The eurozone faces many structural issues such as demographics, debt and energy costs. Here’s a look at the S&P 500 (blue) compared with the iShares MSCI Eurozone ETF (EZU).

    On Thursday, Binance, which is the world’s largest crypto exchange, said it had been hacked and $6.3 billion in digital coins has gone missing.

    On Thursday evening, Binance started to notice some unusual activity and massive withdrawals. The company held a series of emergency meetings. According to the New York Times, one conference call had over 100 boxes. It looks like the hackers had been planning this hack for months.

    It’s really an old story just with modern technology. This was a hi-tech version of a bank heist. Binance suspended all withdrawals. This was the largest crypto heist of all time. All the signs are pointing to an elite North Korean hacking unit called TraderTraitor. North Korea doesn’t really have an economy in a traditional sense. Instead, it relies on hacking.

    Here’s an hourly price chart of Bitcoin. You can see how sharply the price fell, but it soon stabilized.

    To its credit, Binance said it would cover all losses. The company said that it’s already been able to recover some losses. Sadly, this isn’t a new story. Last year, Bybit got hacked for a $1.5 billion loss.

    Due to its secretive nature, crypto has often (and quite unfairly) been linked to crime. A few years ago, Binance pleaded guilty to anti-money laundering violations. The company had to fork over $4 billion to regulators, and Binance’s founder was sentenced to four years in prison. He was later pardoned by President Trump.

    We’re in a new world where a hack happens, and it will take a while before we learn how much was lost. Binance said it had already replenished 98% of the affected assets.

    That’s all for now. The October jobs report will be out Friday morning. Wall Street expects a gain of 55,000 new jobs. I’ll have more for you in the next issue of CWS Market Review.

    – Eddy

  • Morning News: November 3, 2026
    Posted by Eddy Elfenbein on November 3rd, 2026 at 7:05 am

    Aramco Profit Jumps Despite Damaging Attacks on Pipelines and Refineries

    His Business Was Tough. Diesel Prices Made It Impossible

    Central Banks Accelerated Gold Buying in Third Quarter

    The Fed Doesn’t Set Interest Rates. Just Ask a Retiree

    Reputational Risk For Banks Must Be Dispensed With

    We Were Warned: High Growth & More Safety Aren’t Compatible

    Tim Penny’s Social Security Solutions Will Expand It, and the Federal Budget

    Quant Pioneer D.E. Shaw Is Tweaking Its Secret Money Machine

    The Crypto Mogul Behind Trading Powerhouse Hyperliquid

    Betting on US Midterms Brings Rush, Stress as Serious Money Goes on the Line

    How A.I. Is Making It Easier Than Ever to Microtarget Voters

    The Two Big 2027 Challenges Looming for a Divided US Government

    What Millions of Data Points Reveal About US Inflation

    Health Insurance Is the Sleeper Inflation Issue

    Flouting Consumer Law, Insurers Refuse to Pay Medical Bills for Emergency Care

    Pfizer Raises 2026 Forecast, Extending Pharma Windfall

    Japanese, Korean, Taiwanese Firms’ US Investment Set to Keep Climbing: Citi

    The Telling Changes to Board Composition

    Apple’s Profit Grows 12% Despite Component Price Worries

    Apple’s Tight-Lipped CEO John Ternus Fails to Inspire

    AMD Needs a Huge Outlook to Avoid Intel’s Fate as AI Fears Rise

    Carl Icahn’s CVR Energy Near Over $4 Billion Deal for Marathon Refineries

    DuPont Swings to a Profit and Lifts Outlook

    China’s BYD Doubles Market Share in Brazil With New Plant Eyed

    Union Pacific/Norfolk Southern Could Be Freight Rail’s Missing Link

    Ferrari Lifts Guidance Again on Strong Demand for Car Customizations

    Keurig Dr Pepper Posts Higher Profit, Sales

    Disney Plans Thousands of Layoffs, Targeting 20% Cost Savings

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  • Morning News: November 2, 2026
    Posted by Eddy Elfenbein on November 2nd, 2026 at 7:07 am

    Gulf Economies, Torn by War in Iran, Desperately Need a Return to Normal

    How a Little-Known Company Dominated the Persian Gulf Oil Trade

    Chile Bond Investors Turn to Inflation-Linked Notes as Oil Soars

    America Is Making a ‘Freaking Fortune’ In an Energy Crisis

    OpenAI’s Altman Signs Energy, Investment Deals in the UAE

    Blackstone Leads $3.1 Billion Investment in Mitsubishi’s Stake in LNG Canada

    Wash Trades and 5,000% Gains: Inside Indonesia’s MSCI Hustle

    Sectors Bracing for a Pivot as US Midterm Elections Loom

    Wall Street Eyes Biggest Treasury Sales Overhaul in Years

    US Property Titan Hines Targets Europe’s Rich With New Fund

    A Consistent and Constitutionalist Commitment to Investor Primacy

    The Best Buyout Pipeline Runs Through Venture Portfolios

    The Two Great Tasks Apollo’s CEO Is Tackling

    Binance Outflows Reach $4.7 Billion After North Korea Hack

    We’re Living in the Age of the Imperial CEO

    The Head of the A.C.L.U. Thinks C.E.O.s Are ‘Ducking the Hard Issues’

    Companies Have a Solution for the Skilled Trade Shortage: More Women

    The AI ‘Hog Cycle’: Oh Well, That Didn’t Take Long

    Silicon Valley’s AI Bets Are Built on Hype, Hope and Hubris

    Each Selloff Brings AI’s Day of Reckoning Closer

    The ‘Shorter’ AI Workweek: 9 to 5:45ish

    Could Orbital Data Centers Ruin the Night Sky?

    Apple’s $1 Trillion Rally Leaves No Room for Error on Earnings

    Netflix Needs You to Watch, Not Just Pay

    The Shopping Bots Are Coming for Amazon

    The U.S. Becomes a Global Hub for Horse Racing

    FIFA Quietly Paid Millions in Taxes for Its President

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  • Morning News: October 30, 2026
    Posted by Eddy Elfenbein on October 30th, 2026 at 7:00 am

    Trump’s Venezuela Strategy Needs More Than Oil Deals

    American Oil Giants See Profits Soar as Wars Crimp Energy Supplies

    U.S. Oil Industry Earned Over $130 Billion in Profit During Iran War

    US Natural Gas Drillers Scale Up as Demand Grows

    India Funds Leave Investors Clueless on Climate Risk

    The Daylight Savings Debate Isn’t About Energy Anymore

    Why the Markets Don’t Care About the Midterms

    Tech Tumult Rocks Wall Street

    Binance Suspends Withdrawals After Crypto Hackers Steal $6.3 Billion

    Gone in 20 Minutes: How the Biggest Heist in Crypto History Unfolded

    To Thwart Socialism, We Need More Capitalism

    Cost-of-Living Crises Don’t Need to Cost So Much

    Tax-the-Rich Masterminds Bet Their Moment Has Finally Arrived

    There’s a Much Better Way to Make Rich People Pay Their Share

    Jack Dorsey’s Cash App Wants More Than Your Occasional Payments

    The Fast-Cash Advances Draining America’s Small Businesses

    Headcount Is an Antiquated Measuring Stick of Business Size

    Sam Bankman-Fried Reveals ‘Hindsight’ As Wildly Sight-Impairing

    Trump’s New AI Czar Should Answer to Voters, Not Investors

    How One Country Became the Unlikely Crossroads of the Global A.I. Boom

    Anthropic’s $100 Billion Mission Is the Whole Market Now

    Big Tech’s Data Center Blitz Is Burning Through Cash and Scaring Wall St.

    Chinese Executive Close to Nvidia CEO Suspected of Giving China Information

    In China, the War on Mosquitoes Has Entered the A.I. Era

    BASF’s $12.5 Billion Takeover Bid for Evonik Rebuffed

    Volkswagen Pauses Work on ID.Golf Model to Preserve Cash Flow

    Polaris’s CFO Wants to Restart Buybacks After a Tough Couple of Years

    New York Bought an Electric Ferry. The City Can’t Charge It.

    AbbVie Revenue Rises on Strength in Immunology, Neuroscience

    How Bristol Myers’s CEO Challenged the Company’s Managers

    The Real Reason DoorDash Is Buying Instacart

    World Series Audience Shrinks, Despite Brewers’ Historic Win

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  • Morning News: October 29, 2026
    Posted by Eddy Elfenbein on October 29th, 2026 at 7:26 am

    Irish Economy Surges Again in Boost to Eurozone

    Christine Lagarde to Step Down as Chief of European Central Bank

    Christine Lagarde: The Outsider Who Led the ECB Her Way

    ECB Set to Hold Rates to Assess France and Energy Risks

    Kevin Warsh’s Judicious Pre-Election Pause

    In Moving Gradually, Fed Risks Having to Play Catch-Up to Quell Inflation

    Warsh’s AI Optimism May Box Him In at the Fed

    Fed Will Hold Fewer Rate-Setting Meetings Starting Next Year

    The Fed Is Wall Street’s Poodle and Main Street’s Bane

    Trump’s ‘Donroe Doctrine’ Gets a Reality Check in Brazil

    Hundreds of Stock Funds Wiped Out in Latin America Market Collapse

    ‘Free the Onions’ Rally Sparks Debate on 68-Year-Old Trading Ban

    How Weil Gotshal, One of Wall Street’s Most Storied Law Firms, Ended Up in Chaos

    We Need One Federal Standard for Prediction Markets. Courts Agree

    A Case for Trump’s Stakes In U.S. Corporations

    What America Is Living Without

    Investors May Have Bought All the AI Bonds They Can Handle

    Google Shares Drop After Sales Miss Reignites Fears Over AI

    Apple Squeezed These Chip Suppliers for Years. AI Is Helping Them Get Even

    The Bigger Meaning Found In Four-Hour Amazon Delivery Times

    The ‘Extremely Valuable’ Question Linda Yaccarino Asks Her Team

    Nscale’s Unproven CEO Braves AI Turmoil in Bid for $30 Billion IPO

    China and the US Are Competing for Space Dominance

    Fending Off Plagues Requires Global Coordination

    Kennedy to Allow Broad Use of Unapproved Peptide Injections

    Caterpillar Slumps as Modest Beat Fails to Soothe AI Jitters

    To Beat the Luxury Shopping Slowdown, This E-Commerce Company Wants the Superrich

    An ‘Endless Cruise’ Goes Broke, Stranding Passengers

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  • Morning News: October 28, 2026
    Posted by Eddy Elfenbein on October 28th, 2026 at 7:19 am

    China Claims Strong Economic Growth, but Skeptics Question Official Figures

    Port Snarls in Asia Show Signs of Easing After Seasonal Peak

    Kevin Warsh Wanted the Fed to Be Quiet. Instead, It’s as Noisy as Ever

    “Core” CPI Challenge

    The Voters’ Verdict Must Be Respected — and Upheld

    We Need Government That Threatens Fewer People With Bats

    Brazil Exposed the Deficiencies of Prediction Markets

    US Consumers Are Disillusioned About the Economy

    A Punishing Housing Market Is Squeezing Renters

    Wall Street’s AI Debt Machine Is Starting to Choke on Supply

    Just How Much Is AI Contributing to the US Economy?

    Investors Brace for Big Tech’s A.I. Spending Bill

    Silicon Valley Is Grappling With a Flood of Bugs Found by A.I.

    Elizabeth Warren Demands Answers from Anthropic on ‘Existential’ Risks

    Data Centers Exemplify Global Cooperation, and Its Attendant Peace

    GE Vernova to Buy High-Voltage Grid Equipment Manufacturer for $9 Billion

    For India’s Richest Family, a Record I.P.O. and a Moment of Pride

    China’s Car Industry Is Wowing the World—but Crashing at Home

    Wanted: Robot-Dog Walkers. $20/Hour

    Go 100 mph and Snap It: How a Teen Game Sparked Today’s Social Media Reckoning

    Netflix Is Going Through an Identity Crisis

    Amazon Debuts 16-Inch Echo Smart Display and Alexa Photo Frame

    Samsung Joins Cuff-Shaped Earbuds Trend With $229 Galaxy Buds On

    Drug Middlemen Will Soon Have to Share Details on How They Are Paid

    GSK Shares Slide After Vaccine Sales Disappoint

    Nelson Peltz’s Trian Offers to Buy Wendy’s for $1.4 Billion

    Jersey Mike’s Posts Loss on Higher Revenue

    Etsy Sales Rise as the Number of Active Buyers Increases

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  • Eddy ElfenbeinEddy Elfenbein is a Washington, DC-based speaker, portfolio manager and editor of the blog Crossing Wall Street. His Buy List has beaten the S&P 500 over the last 20 years. (more)

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