*S&P 500 RISES 1.6% AT THE CLOSE, NASDAQ JUMPS 2.3%
(@WalterBloomberg)
🚨TRUMP ANNOUNCES PLAN TO USE TARIFF REVENUE TO CUT NATIONAL DEBT
President Trump said that any funds remaining after issuing $2,000 payments to low- and middle-income Americans—funded by tariff income from foreign countries—will go toward reducing the national debt.
“All money left over from the $2,000 payments… will be used to substantially pay down national debt,” Trump stated.
(@WalterBloomberg)
*DEMOCRATS READY TO ADVANCE BILLS THAT MAY END SHUTDOWN: AXIOS
*AT LEAST 10 SENATE DEMOCRATS MAY SUPPORT ADVANCING BILLS: AXIOS
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Trump Urges Republicans to ‘Blow Up’ the Filibuster Amid Shutdown Talks
Trump Claims Democrats ‘Cracking Like Dogs’ as He Presses GOP to End Filibuster
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BARR SAYS WEAK HIRING IN SOME INDUSTRIES MAY BE LINKED TO AI
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*GOOLSBEE: MORE UNEASY ABOUT RATE CUTS WITHOUT INFLATION DATA
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SOME BITCOIN ‘WHALES’ MAY BE SELLING, BLOCKCHAIN DATA INDICATES
Citigroup says large Bitcoin holders, or “whales,” appear to be selling, while smaller retail investors are buying. Analyst Alex Saunders noted some long-term holders may have turned to sellers. Bitcoin dropped over 6% on Tuesday, briefly falling below $100,000 for the first time since June, continuing a recent downtrend. October’s usual seasonal gains failed to materialize, affected by U.S.-China trade tensions and liquidations of leveraged positions. Bitcoin last traded up 3.2% at $103,788, down 6% over the past week.
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SAUDI ARABIA'S REQUEST TO BUY 48 F-35 FIGHTER JETS ADVANCES THROUGH PENTAGON REVIEW
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TRUMP CALLS NYC MAYORAL CANDIDATE MAMDANI A ‘JEW HATER’
President Donald Trump on Tuesday accused Democratic New York City mayoral candidate Zohran Mamdani of antisemitism, writing on Truth Social that “any Jewish person that votes for Zohran Mamdani... is a stupid person.”
Trump previously labeled Mamdani “far worse than a socialist” and warned he would not receive federal support if elected.
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CHINA'S CSI SEMICONDUCTOR INDUSTRY INDEX DOWN 3.5%
CHINA'S TECH-FOCUSED STAR50 INDEX DOWN MORE THAN 2%
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TRUMP ON XI JINPING AND PUTIN: EXTREMELY STRONG LEADERS WHO CANNOT BE UNDERESTIMATED
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Trump: I Don’t Think We Will Go To War With Venezuel
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TRUMP TALKS DENUCLEARIZATION WITH XI AND PUTIN
President Donald Trump said he discussed denuclearization with China’s Xi Jinping and Russia’s Vladimir Putin. Speaking to CBS News’ 60 Minutes, he warned of massive global arsenals and defended resuming U.S. nuclear tests, saying he doesn’t want America to be “the only country that doesn’t test.”
(@WalterBloomberg)
TRUMP ON 60 MINUTES, ASKED ABOUT TRYING TO RUN FOR A 3RD TERM: I DON'T EVEN THINK ABOUT IT. IT'S TOO EARLY. I LIKE JD VANCE, MARCO RUBIO
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1.Trump Calls Tariff Case One of the “Most Important in U.S. History”
2.Trump Warns U.S. Could Be “Defenseless” Without Presidential Power to Impose Tariffs
3.Trump: Limiting Presidential Tariff Powers Could Lead to “Ruination of Our Nation”
4.Trump Says He Will Skip Court Appearance to Avoid Distracting from Tariff Case
5.Trump Boasts of Economic Success, Credits Tariffs for Strong National Security and Wealth
(@WalterBloomberg)
MIRAN: 50 BPS CUT APPROPRIATE FOR DECEMBER, 25 BPS AT A MINIMUM
(@WalterBloomberg)
*GOP BILL INCLUDES DEAL TO REVERSE FEDERAL LAYOFFS: PUNCHBOWL
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TRUMP ANNOUNCES $2,000 TARIFF DIVIDEND FOR AMERICANS
President Donald Trump announced a $2,000 payment to most Americans, funded by U.S. tariff revenues. In a Truth Social post, he said the U.S. is collecting “trillions of dollars” in tariffs and will use the money to reduce national debt and reward citizens—excluding high-income earners. Trump called tariff critics “fools” and claimed the U.S. is now the “richest, most respected country in the world,” citing record stock markets and 401(k) values.
(@WalterBloomberg)
🚨TRUMP WARNS SUPREME COURT TARIFF RULING COULD BE "DEVASTATING"
President Donald Trump said Thursday that a negative Supreme Court decision on the tariff case would be "devastating" for the U.S., highlighting the importance of tariffs and noting that U.S. investments could exceed $21 trillion this year.
U.S. Trade Representative Jamieson Greer said the Court’s ruling could come by the end of 2025, and plaintiffs might be entitled to refunds depending on the outcome.
(@WalterBloomberg)
MIKE JOHNSON SAYS HE IS LESS OPTIMISTIC ABOUT SHUTDOWN ENDING
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Trump Boasts of Lifting 600,000 Off Food Stamps, Urges GOP to ‘Talk About Facts’ to Win Elections
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TRUMP ON SHUTDOWN: TIME FOR REPUBLICANS TO TERMINATE FILIBUSTER
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MAMDANI: I WILL NOT BE INTIMIDATED BY TRUMP
Democratic mayoral candidate Zohran Mamdani said Tuesday he won’t be intimidated by President Trump’s threats to cut New York City funding if he wins. “His threats are words, not law,” Mamdani said after voting. Meanwhile, Trump called Mamdani a “Jew hater” and claimed any Jewish voter supporting him would be “stupid.” Voting ends today at 9 p.m. ET.
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BESSENT: THINK BOTH INFLATION AND INTEREST RATES WILL COME DOWN
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*CHINA OCT. CAIXIN MANUFACTURING PMI 50.6; EST. 50.9
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Trump: I Believe We Will Successfully End The Russia-Ukraine Conflict
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TRUMP: I THINK THE DAYS OF VENEZUELAN PRESIDENT MADURO ARE NUMBERED
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TRUMP SAYS U.S. WILL NOT LET CHINA HAVE NVIDIA’S MOST ADVANCED CHIPS -CBS NEWS INTERVIEW
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Trump says government shutdown ends when Democrats give in: "If they don't vote, that's their problem"
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TRUMP: IF WE LOSE TARIFF CASE, OUR COUNTRY COULD BE REDUCED TO ALMOST THIRD WORLD STATUS
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