U.S. employers added 165,000 jobs in October, beating forecasts, while unemployment fell to 4.1%. Wage growth picked up but remained below the latest inflation reading.
News Mash
Elon Musk says Tesla will wind down Cybertruck production at its Texas factory by mid-2027 to make room for more Cybercabs. He has not said whether the pickup will be discontinued or built elsewhere.
A tech-stock sell-off that began on Wall Street spread through Asia and into Europe as investors weighed the potential effects of the U.S. midterm elections on AI investment. South Korea temporarily halted trading after its Kospi index fell more than 8%.
A federal judge has stopped work on President Trump's proposed 250-foot arch for 14 days, shortly after a planning commission approved it. Lawsuits challenge the project's legality, while D.C. and Virginia warn of immediate construction disruptions.
Federal planners voted 8-4 to approve President Trump's 250-foot arch near Arlington National Cemetery. Lawsuits seeking to stop the project leave its construction timeline uncertain.
She’s Alive LLC, which manages Dolly Parton’s estate, has moved to dismiss its civil claims against her nephew Bryan Seaver without prejudice. The company alleged that Seaver threatened staff, partners and advisers; he denied threatening anyone.
Trump has declared the Oval Office a national monument, saying he wants to prevent future presidents from making major changes. The proclamation still allows redecorating and ordinary operational or security modifications.
Melania Trump hosted Russian and Ukrainian officials after a six-day ceasefire in Russian-occupied Oleshky. Aid reached the city during the pause, and hundreds of residents were evacuated.