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- The top 25 stories curated by editors and fellow readers!

From the Editor's Desk

Markets are finally believing Fed chair Jerome Powell will pull off
his soft landing - Fortune

“Voters do not think about abstract concepts like GDP, have a
distorted view of price levels, and believe that pay increases are due
to them working harder,” Donovan continued. “While the reality is
people have a higher standard of living for the same amount of work,
the perception is people are working harder to stand still.”

“Even prior to Friday’s job news, the U.S. Economics team
suggested that investors should be less worried about a labor-driven
slowdown because the latest data suggests stronger final demand, which
can backstop the labor market,” the note adds, “Improved
productivity could help explain how somewhat softer jobs can coexist
with strong demand.”

Continued here [[link removed]}&lead=419599&emailid=75439&nl=daily]

_TradeBriefs: Newsletters for Decision-Makers!_

Work

Scholar Rock drug for spinal muscular atrophy succeeds in late-stage
study - STAT [[link removed]}&lead=419599&emailid=75439&nl=daily]
The biotech company Scholar Rock reported Monday that its experimental
medicine improved motor function in patients with a muscle-wasting
disease called spinal muscular atrophy, paving the way for the likely
approval of the drug.

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China demands schoolteachers hand in their passports - FT
[[link removed]}&lead=419599&emailid=75439&nl=daily]
Authorities make travelling abroad difficult for growing number of
public sector employees















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Harris Lead Over Trump Narrows In Election Betting Markets - Forbes
[[link removed]}&lead=419599&emailid=75439&nl=daily]
Vice President Kamala Harris lead over former President Donald Trump
in the election betting markets narrowed to a single point, amid a
surge in bets favoring the Republican candidate as polling numbers
continued to show a tight race in nearly all key swing states.

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How Giant Skeletons Became the Ultimate Hoax - Discover Magazine
[[link removed]}&lead=419599&emailid=75439&nl=daily]
The past few years have seen a hot new trend in Halloween decorations
giant skeletons. Some soar several feet tall. Others climb from a
coffin, creep in a graveyard, or sit on a porch swing.














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Better Than Expected Jobs Data Supports a Soft Landing - Inc
[[link removed]}&lead=419599&emailid=75439&nl=daily]
The U.S. Federal Reserve received more encouraging evidence that its
efforts to gradually slow economic growth without large job losses are
succeeding. Data released Friday by the Bureau of Labor Statistics
(BLS) showed the unemployment rate dropped slightly to 4.1 percent in
September, with most related indicators also largely holding firm.
That scenario should allow Fed governors to agree to another interest
rate reduction in November, following its half-point cut in
Septemberits first in years.

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Melania Trump Shares Her Views on Abortion in New Interview
[[link removed]}&lead=419599&emailid=75439&nl=daily]
Former First Lady Melania Trumpthe wife of Republican presidential
candidate Donald Trumplaid out her supportive position on abortion
rights in a new interview on FOXs Sunday Morning Futures, which aired
on Oct. 6.














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How Do I Balance My Career Ambitions as Part of a Dual-Career Couple?
- Harvard Business Review [[link removed]}&lead=419599&emailid=75439&nl=daily]
She has ambitions to reach the C-suite, but her career has hit a
plateau. Opportunities in her current role have stalled, and she feels
her options are limited as she tries to balance her career with that
of her partners. Host Muriel Wilkins coaches her through reframing her
career stagnation and the steps she can take to continue her
professional growth.

Work

Nobel prize for medicine goes to the pair who discovered microRNA -
New Scientist [[link removed]}&lead=419599&emailid=75439&nl=daily]
The 2024 Nobel prize in physiology or medicine has been awarded to
Victor Ambros and Gary Ruvkun for the discovery of tiny pieces of RNA,
called microRNAs, that play a key role in regulating gene activity in
animals and plants.














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Silicon Valley, the New Lobbying Monster - The New Yorker
[[link removed]}&lead=419599&emailid=75439&nl=daily]
One morning in February, Katie Porter was sitting in bed, futzing
around on her computer, when she learned that she was the target of a
vast techno-political conspiracy. For the past five years, Porter had
served in the House of Representatives on behalf of Orange County,
California. She’d become famous—at least, C-span and MSNBC
famous—for her eviscerations of business tycoons, often aided by a
whiteboard that she used to make camera-friendly presentations about
corporate greed. Now she was in a highly competitive race to replace
the California senator Dianne Feinstein, who had died a few months
earlier. The primary was in three weeks.

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AT&T, Verizon reportedly hacked to target US govt wiretapping platform
[[link removed]}&lead=419599&emailid=75439&nl=daily]
The purpose of the attack appears to be for intelligence collection as
the hackers might have had access to systems used by the U.S. federal
government for court-authorized network wiretapping requests.














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This Homemade AI Drone Software Finds People When Search and Rescue
Teams Cant
[[link removed]}&lead=419599&emailid=75439&nl=daily]
When Charlie Kelly first messaged saying he wouldn't make it home that
night, his partner wasn't happy. It was September 6, 2023, a
Wednesday, and the 56-year-old, a keen hillwalker, had left the house
that he shared with Emer Kennedy in Tillicoultry, near the Scottish
city of Stirling, before she went to work. His plan was to climb
Creise, a 1,100-meter-high peak overlooking Glen Etive, the remote
Highland valley made famous by the James Bond film Skyfall.

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NASA Made the Hubble Telescope to Be Remade
[[link removed]}&lead=419599&emailid=75439&nl=daily]
When NASA decided in the 1970s that the Hubble Space Telescope should
be serviceable in space, the engineering challenges must have seemed
nearly insurmountable. How could a machine that complex and delicate
be repaired by astronauts wearing 130-kilogram suits with thick
gloves?














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A new setting makes iPhone-to-Android texting easier - WSJ
[[link removed]}&lead=419599&emailid=75439&nl=daily]
Apple’s iOS 18 software update supports Rich Communication Services,
or RCS—the first major change to texting since SMS in 1992. It
brings some familiar “blue bubble" iMessage features to “green
bubble" chats with Android phones, such as emoji reactions and read
receipts.

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Thyssenkrupp reviews plan to wean itself off fossil fuels - WSJ
[[link removed]}&lead=419599&emailid=75439&nl=daily]
Thyssenkrupp said it was reviewing plans to wean its steelmaking
operations off fossil fuels due to high costs, making it the latest
company to rethink energy-transition pledges.














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Why do the young vote left? - WSJ [[link removed]}&lead=419599&emailid=75439&nl=daily]
Fifty-seven percent of 18- to 34-year-olds surveyed prefer Kamala
Harris for president vs. 26% for Donald Trump, according to the Pell
Center. Why do our youth gravitate toward progressive idealism and a
nanny state? Is it sloganeering like “new way forward" or
“opportunity economy"?

Work

The mystery of why left-handers are so much rarer
[[link removed]}&lead=419599&emailid=75439&nl=daily]
Relatively few people are lefties, and it’s a puzzle why. Still, the
science of handedness is revealing fascinating insights about you –
from how it could change the way you think, to the fact that you might
be ‘left-eared’.













Work

Bankrupt EV startup Fisker left its abandoned headquarters in
'complete disarray'
[[link removed]}&lead=419599&emailid=75439&nl=daily]
And yet, Lenzini says, the La Palma facility “has been left in
complete disarray.” He says there are two 50- to 55-gallon drums,
one which references containing oil and another which says contains
coolant. He says there are “approximately 20 automotive sized
batteries” left on site, too. It isn’t clear if those are electric
vehicle battery packs or more typical 12-volt car batteries. Lawyers
for Shamrock wrote that Fisker vehicles “were left parked” in the
lot outside the facility, but did not specify if they are Ocean SUVs.

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Uber boss: Choose electric - even if you have an extra wait
[[link removed]}&lead=419599&emailid=75439&nl=daily]
The US and European Union (EU) argue the Chinese are unfairly
subsiding their carmakers and have imposed tariffs - or import taxes -
to bring prices of Chinese cars more into line with domestic
manufacturers.

Work

Are Today's Tax Credits the Best Way to Get Americans to Buy E.V.s?
[[link removed]}&lead=419599&emailid=75439&nl=daily]
Measuring the cost to society of carbon emissions from driving and
manufacturing, local air pollutants and the danger of crashes, a new
economic analysis finds that some gas-powered vehicles are less
damaging than electric and hybrid vehicles.

Work

Is Nighttime Depression Really a Thing?
[[link removed]}&lead=419599&emailid=75439&nl=daily]
“It’s a sense of sadness,” said Dr. Theresa Miskimen Rivera, a
clinical professor of psychiatry at Rutgers University and
president-elect of the American Psychiatric Association. “It’s
that feeling of: There’s no joy. My life is so blah.”

Work

Trump's Mar-a-Lago, golf resorts are outside Milton's path. But Truth
Social's offices are at risk
[[link removed]}&lead=419599&emailid=75439&nl=daily]
Milton is expected to arrive in the southeastern United States late
Wednesday on the heels of Hurricane Helene, the Category 4 storm that
tore through Florida, Georgia, North Carolina, South Carolina,
Virginia and Tennessee.

Work

As a Massacre Unfolded, a Frantic Call: 'Send for Help'
[[link removed]}&lead=419599&emailid=75439&nl=daily]
When Ms. Horace, who was about 10 miles away in the city of
Saint-Marc, arrived with heavily armed police officers four hours
later as the sun was rising, she said the streets of the town were
strewed with bodies.

Work

Opinion | All the Good Economic News Vindicates Bidenomics
[[link removed]}&lead=419599&emailid=75439&nl=daily]
Claims like this get some surface plausibility from the fact that
employment among native-born Americans has in fact been flat or
declining in recent years. But this isn’t happening because the
Americans born here can’t find jobs; the native-born unemployment
rate is only 3.8 percent. It’s happening because baby boomers are
getting older, and more and more of them are reaching retirement age
and leaving the labor force. This is, by the way, something many
economists, myself included, have been writing about for a long time.

Work

One Year After Oct. 7, Peace Seems More Elusive Than Ever
[[link removed]}&lead=419599&emailid=75439&nl=daily]
In the U.S., many American Jews reconnected with Jewish communities.
The war led to mass protests on college campuses and is now an
important election topic: Muslim and Arab American voters have become
discontent with Democrats, particularly in the swing state of
Michigan.

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Sen. Elizabeth Warren and Rep. Madeleine Dean demand food and beverage
CEOs put a stop to 'shrinkflation'
[[link removed]}&lead=419599&emailid=75439&nl=daily]
"Even as our economy recovers from the pandemic, people are still
hurting from high prices at the grocery store,'" Dean said in a
statement to NBC News. "Charging more for products, like cereal, while
reducing their size means that Americans are paying more for less and
big corporations are paying less than their fair share in taxes."

Work

Comcast says 230,000 customers affected by debt collection data breach
[[link removed]}&lead=419599&emailid=75439&nl=daily]
In other words, keep an eye out for suspicious phone calls, emails and
texts. This is good advice for anyone, and not just debtors who had
data stored with FBCS. After all, it was revealed that hackers stole
more than 2.7 billion records from American consumers earlier this
year, which likely includes data on everyone who lives in the country.

Work

Prime Day starts tomorrow and the Ring Pan-Tilt indoor Cam is already
on sale for a record-low of $50
[[link removed]}&lead=419599&emailid=75439&nl=daily]
Also, the regular Ring Indoor Cam has dropped to $30, which again
marks a record low. It's 50 percent off the usual price of $60.
Likewise, the Ring Stick Up Camera Pro is half off and has reached a
record low price. This model, which is designed to withstand regular
rain and snow while capturing footage in 1080p HDR, is on sale for
$90.

Work

Oasis expand reunion tour to Australia
[[link removed]}&lead=419599&emailid=75439&nl=daily]
Dynamic pricing was not used for the US tour sales. After the first
wave of stadium dates there quickly sold out, the band added four
more, which sold out too. It underlines the enduring popularity of a
band who did better than most in breaking North America: they reached
the Top Five of the US album chart three times, and twice topped the
equivalent chart in Canada.

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Meet the ScaleUp Startups exhibiting at Disrupt 2024 | TechCrunch
[[link removed]}&lead=419599&emailid=75439&nl=daily]
AURA_TAL is your smart health companion that empowers you to take
control of your health with precision nutrition tracking, utilizing
advanced smart food recognition technology to log your meals and
provide personalized insights automatically.

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VESSL AI secures $12M for its MLOps platform that aims to cut GPU
costs by up to 80% | TechCrunch
[[link removed]}&lead=419599&emailid=75439&nl=daily]
Kate Park is a reporter at TechCrunch, with a focus on technology,
startups and venture capital in Asia. She previously was a financial
journalist at Mergermarket covering M&A, private equity and venture
capital.

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Execs from Stoke Space and Relativity Space join Disrupt 2024 |
TechCrunch
[[link removed]}&lead=419599&emailid=75439&nl=daily]
The future of space launch will be defined by those who dare to push
boundaries and innovate beyond what’s possible today. At Disrupt
2024, you’ll hear firsthand from the industry’s boldest leaders,
whose expertise and vision are setting the course for what comes next.
Don’t miss this opportunity to connect, learn, and be inspired by
the pioneers who are charting the path forward for space exploration.
Secure your ticket now before prices rise at the door. This is one
conversation you won’t want to miss.

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Suze Orman Says The Personal Finance Of Americans Is 'Really, Really
Bad' Even Though The Stock Market Is Doing Great
[[link removed]}&lead=419599&emailid=75439&nl=daily]
If you're facing financial uncertainty and unsure where to start
building security with your own finances, consider speaking with a
financial advisor. They will offer advice tailored to your unique
situation and help you determine a plan that matches your financial
goals.

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Wrath and sorrow rule in Israel on the anniversary of October 7th -
The Economist [[link removed]}&lead=419599&emailid=75439&nl=daily]
AS ISRAEL faces the first anniversary of the October 7th atrocities by
Hamas, two huge challenges loom. One is Israels internal divisions,
which will be highlighted by two separate commemoration services that
are due to be held. The other is how Israel prosecutes and eventually
ends the multiple connected wars that it is now fighting, and not
least how it retaliates to Irans recent ballistic-missile barrage. On
October 5th General Michael Kurilla, head of Americas Central Command,
arrived in Israel in an attempt to reach an agreement on that
high-stakes question.

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Exclusive: Russia's Lavrov warns "dangerous consequences" for US in
Ukraine
[[link removed]}&lead=419599&emailid=75439&nl=daily]
The United States will face "dangerous consequences" if it presses on
with growing military aid to Ukraine rather than backing a proposed
Russian settlement that would see Moscow take over swathes of
territory, the man serving as Russian President Vladimir Putin's top
diplomat for 20 years said in exclusive responses to Newsweek
questions.

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Is the Israeli military ever leaving Gaza?
[[link removed]}&lead=419599&emailid=75439&nl=daily]
The US presidential campaign is in its final weeks and were dedicated
to helping you understand the stakes. In this election cycle, its more
important than ever to provide context beyond the headlines. But
in-depth reporting is costly, so to continue this vital work, we have
an ambitious goal to add 5,000 new members.

Work

How a Harris or Trump Presidency Could Affect Gun Policy - Scientific
American [[link removed]}&lead=419599&emailid=75439&nl=daily]
This article is part of a series on what the 2024 presidential
election means for science, health and the environment. Editors with
expertise on each topic delved into the candidates records and
policies and the evidence behind them.

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How bad are US ports? The best is 53rd worldwide - WSJ
[[link removed]}&lead=419599&emailid=75439&nl=daily]
The International Longshoremen’s Association (ILA) has reached a
tentative agreement to return to work after winning a 62% pay raise
over six years, but the labor dispute isn’t over. Round II will be
fought over the union’s demand to protect its jobs forever by
banning any automation at American ports.

Work

Washington Worries the Israelis Will Bomb Iran's Nuclear Sites. But
Can They?
[[link removed]}&lead=419599&emailid=75439&nl=daily]
For 22 years, Israeli forces have planned for this moment. But it
seems unlikely that they will strike Irans nuclear facilities in the
next round of retaliation, or that they would be successful without
American help.

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Harris Honors Oct. 7 Dead as Victims of 'Pure Evil' and Vows to Defend
Israel
[[link removed]}&lead=419599&emailid=75439&nl=daily]
The brutality of the Oct. 7 attacks and the mass death and grave
humanitarian crisis in Gaza caused by Israel’s response have
complicated Democratic efforts to win support from Jewish, Muslim and
Arab American voters, groups that have reliably backed the party in
past elections.

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Musk's Super PAC Offers $47 to Those Who Help It Find Trump Voters
[[link removed]}&lead=419599&emailid=75439&nl=daily]
There appears to be no limit on the number of registered voters that
someone can refer, raising the possibility that the referral program
could be gamed. But the super PAC says that it will check: “Eligible
people may only list one eligible person as their referrer. Before
payment is made, America PAC will verify the accuracy of all
information of the referrer and referee.”

Work

The Mideast War Threatens Harris in Michigan as Arab Voters Reject Her
[[link removed]}&lead=419599&emailid=75439&nl=daily]
The discontent is palpable on the ground in Michigan, which has more
than 300,000 residents with Middle Eastern or North African ancestry,
though high-quality polling on Arab American and Muslim voters is
scant. In nearly two dozen interviews this weekend with a range of
these voters across levels of religious observance and familial
countries of origin, just two said they were voting for her.

Work

Trump's Plans Could Increase U.S. Debt While Raising Costs for Most
Americans
[[link removed]}&lead=419599&emailid=75439&nl=daily]
“It’s almost difficult to come up with a tax plan that would raise
taxes on most Americans, but still increase the deficit by hundreds of
billions of dollars a year — and that’s what this does,” said
Steve Wamhoff, the federal policy director at I.T.E.P.

Work

This week's auction block roundup
[[link removed]}&lead=419599&emailid=75439&nl=daily]
This sleek Art Deco poster was first printed in 1939 to advertise the
20th Century Limited, a passenger express train that ran from New York
to Chicago. Designed by artist Leslie Ragan, this poster is considered
one of the most iconic images of the Art Deco era and has been
featured on American postage stamps. The piece is worth an estimated
$12,000 to $18,000 and will be available at Swann Auction Galleries’
Rare and Important Travel Posters sale on October 10.

Work

Donald Trump's plans would cut taxes on the richest 5% of America --
and raise them for everyone else
[[link removed]}&lead=419599&emailid=75439&nl=daily]
The ITEP’s analysis comes as the Committee for a Responsible Federal
Budget (CRFB) estimates Trump’s economic plan would add about $7.5
trillion to the federal debt, compared to $3.5 trillion for Vice
President and Democratic nominee Kamala Harris’ plan. According to
the group, Trump’s tariffs would raise just $2.7 trillion, while his
tax cuts would cost $9.1 trillion.

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Martin Shkreli can't escape his $64 million fine
[[link removed]}&lead=419599&emailid=75439&nl=daily]
“Judge Cote’s decision to ban Shkreli for life from the
pharmaceutical industry is a significant victory for American
consumers,” said FTC Chair Lina Khan at the time. “This
precedent-setting relief should be a warning to corporate executives
everywhere that they may be held individually responsible for the
anticompetitive conduct they direct or control.”

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Even Big Oil wants Donald Trump to keep Joe Biden's climate law -- or
at least parts of it
[[link removed]}&lead=419599&emailid=75439&nl=daily]
His rival for the White House, Vice President Kamala Harris, has
touted the benefits of the IRA on the campaign trail, often pointing
to its benefits for manufacturers. If elected, she has pledged to
continue backing investment in clean energy.

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The Dow drops over 300 points as oil prices and Treasury yields rise
[[link removed]}&lead=419599&emailid=75439&nl=daily]
Oil prices continued to surge, taking the international benchmark
Brent crude closer to $80 per barrel, while the U.S. West Texas
Intermediate was over $75, following another round of attacks by
Israel on terrorist targets in Lebanon.

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Goldman Sachs says the S&P 500 could hit 6,000 this year
[[link removed]}&lead=419599&emailid=75439&nl=daily]
“We think the FOMC was late to start cutting, so a catch-up that
brings the funds rate closer to the levels of around 4% implied by
standard policy rules makes sense even in hindsight,” Goldman said.
“However, the recent numbers do strengthen our conviction that the
next few meetings (including November 6-7) will bring smaller 25bp
cuts.”

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Why Joker: Folie Deux's mega budget spelled disaster
[[link removed]}&lead=419599&emailid=75439&nl=daily]
The comic book sequel has bombed at the box office but what makes its
performance even more catastrophic is its astronomical cost.

Work

FTX: Customers of failed crypto firm set for refunds
[[link removed]}&lead=419599&emailid=75439&nl=daily]
It has drawn a mixed reception from some former customers. Some have
suggested the repayment in cash will not match the loss of crypto
holdings that would be worth far more today had they not been stolen.

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