The government shutdown is officially the longest one ever...
Source: zerohedge
Most Supreme Court justices are skeptical of Trump’s tariffs.
Three conservative justices questioned Trump’s use of an emergency-powers law to collect tens of billions of Dollars in tariffs a month. A decision against Trump could force >$100bn in refunds and remove a major burden on the US importers that are paying the tariffs. Source: HolgerZ
🚨 Breaking: New York City just made history.
Zohran Mamdani — a democratic socialist who built his campaign around the rising cost of living — has been elected Mayor of New York City. Across the U.S., Democrats swept major elections in a stunning rebuke to Donald Trump and his Republican Party. From New Jersey to Virginia, the message from voters was clear: economic frustration is real, and leadership that listens matters. This election wasn’t just about politics. It was about people feeling squeezed, families struggling, and voters demanding change. With one year until the next midterms, Democrats suddenly have momentum — and Trump has a warning sign flashing bright red. In the words of political analyst Charlie Cook: “There are just a lot of voters of all different shapes, sizes and colours, who are ticked off by Trump.” 1 million New Yorkers just voted for a radical shift — in the city that symbolizes global capitalism itself. Source: FT
Yesterday was day 35 of the government shutdown, tying it for the longest ever.
Source: Ryan Detrick
BREAKING 🚨 Trump–Xi Meeting: Big Moves, Bigger Signals
Fresh headlines from the Trump–Xi summit 👇 🇺🇸🤝🇨🇳 Key outcomes: - US & China will collaborate on Ukraine. - Trump to visit China (April 2026) — Xi to visit the US soon. - China to restart soybean purchases and resume rare earth exports. - Ongoing talks on Nvidia chip restrictions. - Tariffs cut: overall from 57% → 47%. - Fentanyl tariffs slashed to 10%, with a joint pledge to curb its spread. 💬 Takeaway: this marks a real thaw in U.S.–China relations — trade, tech, and geopolitics could all shift from confrontation → cautious cooperation.
🚨 Major Breakthrough in U.S.–China Trade Talks! 🚨
Over the weekend, Chinese and U.S. economic officials reached a framework deal set for final approval by President Donald Trump and President Xi Jinping — and it’s a big one. Here’s what’s on the table 👇 ✅ Pause on steeper U.S. tariffs that were set to hit Chinese imports. ✅ China delays its rare earth export controls for a year while it reconsiders policy. ✅ U.S. soybean sales to China resume — a major win for American farmers. U.S. Treasury Secretary Scott Bessent said the talks — held on the sidelines of the ASEAN Summit in Kuala Lumpur — effectively defused the threat of Trump’s 100% tariffs slated for November 1. This could mark a critical de-escalation in one of the world’s most consequential trade tensions. 🌏 📊 If finalized, this deal could reshape global supply chains, stabilize markets, and give both sides breathing room to rebuild trust.
$500 billion dollars of annual trade is being paused because of a $75,000 commercial?
Source: Spencer Hakimian @SpencerHakimian
Senate Democrats on Monday rejected a GOP-led stopgap funding bill for the 11th time as the shutdown heads into its fourth week.
Senators voted 50-43 on the House-passed bill, which would fund the government through Nov. 21. Democratic Sen. Catherine Cortez Masto of Nevada and Independent Sen. Angus King of Maine were the only senators who broke rank to vote to advance the bill. Sen. John Fetterman (D-Penn.) did not vote. Senator Josh Hawley: "Since Democrats refuse to fund the government, I'm introducing legislation to reinstate SNAP benefits immediately. Source: Politico
