October payrolls nearly tripled forecasts, September and August were revised up by a combined 84,000 — and December rate-hike odds jumped to about 78%.
Payrolls surge 165K, revisions add 84K — ActionForex | Fed hike odds jump on hot jobs — Invezz
ELECTIONS & CONGRESS
DEMS HOLD SLIM LEADS IN ALASKA, MISSISSIPPI — SENATE COULD HIT 56 — Colom leads Hyde-Smith by 1,813 with roughly 3,300 ballots left; Peltola still narrowly ahead in Alaska — Democrats at 54, with a path to 56.
737,000 SIGN PETITION TO DUMP JEFFRIES AS SPEAKER — A petition to block the speaker bid passed 737,000 signatures as Eric Benet and Mark Ruffalo piled on — Jeffries announced his candidacy Wednesday.
VANCE, CRUZ, DESANTIS SPLIT ON WHY THE GOP LOST — 2028 RACE ALREADY ON — Vance blames the Iran war, DeSantis calls it an “extinction-level event,” Cruz says affordability wasn’t the issue — the 2028 jockeying has already begun.
ALASKA SIMULATIONS SPLIT: SULLIVAN CAMP CLAIMS RANKED-CHOICE WIN — Peltola leads by 637 in first-choice votes, but two simulations of the ranked-choice runoff both give Sullivan the edge — tabulation comes Nov. 18.
INDIVISIBLE TO DEMS: DUMP SCHUMER — FIVE NEW SENATORS WON’T BACK HIM — The left’s biggest group wants Schumer gone after the midterm sweep — five incoming senators are already signaling they won’t back him.
BUSINESS & YOUR MONEY
NASDAQ OPENS HIGHER AS CHIPS PARE LOSSES — Tech led the rebound after the jobs report — Nasdaq up 1.7%, S&P up 0.6% — though the Dow slipped and yields climbed on hike bets.
OIL RECLAIMS $100 AS TANKER ATTACKS LIFT PRICES — Brent topped $100 again after two more tankers were hit in Hormuz — but crude is still headed for a roughly 12% weekly drop.
ARGENTINA SLIDES INTO RECESSION AS MILEI’S AUSTERITY BITES — The economy likely slipped into recession in Q3, with 32,300 businesses shuttered since Milei took office — and his approval at 36% ahead of the 2027 vote.
QUICK HITS
MISSISSIPPI SENATE STILL UNCALLED — ~3,600 ABSENTEE BALLOTS OUT, DEADLINE TUESDAY
RNC, HYDE-SMITH CAMP DEMAND MISSISSIPPI SEQUESTER AFFIDAVIT BALLOTS
FEDERAL GOVERNMENT
TRUMP HEADS TO FLORIDA: KENNEDY SPACE CENTER SPEECH, THEN MAR-A-LAGO — The president’s first Florida trip since the midterm wipeout: remarks at Kennedy Space Center Friday, then the weekend at Mar-a-Lago.
VANCE PRIVATELY BLASTS NETANYAHU AS IRAN WAR SPLITS THE ADMINISTRATION — Vance is leading the push for a negotiated settlement — and privately calling Netanyahu “wrong on everything” — as Tehran sent a formal nuclear proposal through Qatar.
MELANIA HOSTS RUSSIA, UKRAINE AT WHITE HOUSE TO MARK HER CEASEFIRE — The first lady brought Russian and Ukrainian officials together at the White House to mark the six-day Oleshky truce that let about 800 civilians out — Abu Dhabi talks are next week.
DECEMBER HIKE ODDS JUMP TO ~78% ON HOT JOBS — Traders now price a December hike at roughly 78% after the hot jobs print — up from 70% before the report — with CPI due Tuesday.
BUSINESS & YOUR MONEY
ADP: PRIVATE PAYROLLS +86,000 IN OCTOBER — Private hiring also beat forecasts — 86,000 vs 69,000 expected — and the Cook confirmation hearing was pushed to Dec. 14.
SMALL CAPS CRATER AS RUSSELL 2000 SINKS 4.45% — A split tape: the Nasdaq and S&P bounced while small caps got hammered — the Russell 2000 fell 4.45% to 2,729.89.
QUICK HITS
FED CHAIR WARSH: PAYROLL GROWTH “NOTICEABLY ABOVE LAST YEAR’S PACE”
TRUMP TO MAR-A-LAGO FOR THE WEEKEND; MELANIA TO BATON ROUGE SATURDAY
TRUMP JOKED HE COULD MOVE TO ISRAEL AND BECOME PRIME MINISTER
GEOPOLITICS
TWO MORE TANKERS HIT MINES IN HORMUZ AS STRAIT STAYS SHUT — Two more tankers were hit by mines Friday — a day after three vessels caught fire — and the IRGC says the strait stays shut until Washington meets seven conditions.
NETANYAHU REFRAMES AID CUT AS “PARTNERSHIP” — NO FINAL DECISION — Netanyahu’s office isn’t disputing Trump’s claim the $4B-a-year aid ends by December — it’s rebranding the shift as a move to “mutual investment.”
U.S. INDICTS SINALOA GOVERNOR, MAYOR FOR CARTEL DRUG TRAFFICKING — BOTH STEP DOWN — A U.S. indictment forced Sinaloa’s governor and Culiacán’s mayor out — and Mexico’s president says they’ll be tried at home if the evidence is “irrefutable.”
FRANCE CALLS WAGE TALKS AFTER BIGGEST PROTEST DAY IN YEARS — After 575,000 marched Thursday, the prime minister summoned unions and employers for Monday wage talks — five months before the presidential vote.
PARAGUAY IN LIMBO: ALLIANA NOT YET SWORN IN AS SENATE OPENS IMPEACHMENT TRIAL — Correction to this morning’s edition: Peña’s resignation still hasn’t been formally accepted — the Senate opened its impeachment trial Friday while Alliana waits to be sworn in.
BUSINESS & YOUR MONEY
CHINA CHOKES YTTRIUM TO JAPAN: EXPORTS DOWN 98% — Beijing’s rare-earth squeeze on Tokyo is now near-total — 18 tons shipped this year vs 887 last year — and the price outside China is 128 times the domestic one.
IRAN WEIGHS QATARI PLAN, OFFERS HORMUZ REOPENING IN 2 DAYS FOR SANCTIONS RELIEF — Tehran says the strait could reopen in two days if Washington lifts oil sanctions and frees frozen assets — but analysts put a deal as unlikely.
QUICK HITS
HORMUZ TRACKER: 11 SHIPS CROSSED TODAY — TRAFFIC AT ~11% OF NORMAL
PUTIN ENVOY DMITRIEV JOINED MELANIA AT WHITE HOUSE CEASEFIRE EVENT
HERZOG: AID CUT CAME AS “A COMPLETE SHOCK”; IDF FINDS 340+ HEZBOLLAH WEAPONS
CHINA’S ECONOMY GREW 4.6% — BUT EXPERTS SEE JAPAN-STYLE STAGNATION RISK
SPORTS
WEMBANYAMA POSTS 52-24-8 IN SPURS’ SIXTH STRAIGHT WIN — Victor Wembanyama dropped career highs of 52 points, 24 boards and 8 blocks — then sank the game-winner on a rolled ankle — as the Spurs won their sixth straight.
BOOKER’S 30 LIFTS SUNS PAST MAGIC, 117–104 — Devin Booker poured in 30 as Phoenix held off Orlando — and out West, Curry’s 29 powered Golden State past Miami, 120–100.
DEATH VALLEY, DAYLIGHT: NO. 5 ALABAMA AT NO. 14 LSU SATURDAY — The rivalry’s final game as permanent SEC opponents kicks off in daylight for the first time since 2010 — and Lane Kiffin told Tiger fans to “start drinking earlier.”
JAGS WAKE UP 6–2 WITH A 3.5-GAME LEAD — AND A STREAK SNAPPED — Trevor Lawrence threw for 242 in the rain as Jacksonville rolled Baltimore 33–10 — the only blemish, a 65-yard Justice Hill TD that ended a 24-game defensive streak.
TRAVEL
DARJEELING’S TOY TRAIN THROWS A FESTIVAL — INSIDE THE TRAIN — Darjeeling’s nine-day Ghum Winter Festival runs Nov. 28–Dec. 6 — much of it staged inside the moving toy train, climbing to India’s highest railway station.
A DAIRY FARM THAT WAITED ON THE COWS NOW GLOWS WITH A MILLION LIGHTS — Koziar’s Christmas Village opens its 79th season Saturday — a million bulbs on the farm where the family once waited for milking time before switching the lights on.
PICAYUNE MERGES TREE LIGHTING WITH A TRAINLOAD OF SANTA — Picayune, Mississippi, combines its tree lighting with Christmas on the Rails Nov. 28 — Santa arrives on Amtrak’s Cringle Express, and the town will try for a state record.
DENVER TO THE ROCKIES BY RAIL, YEAR-ROUND, STARTING THIS MONTH — Colorado Mountain Rail launches this month — a year-round, 76-mile Denver-to-Granby run through the 6.2-mile Moffat Tunnel, with Steamboat and Craig to follow.
SEATTLE TO VANCOUVER IN FOUR HOURS — ON AMTRAK’S BRAND-NEW AIRO CARS — Amtrak Cascades’ new Airo cars — the line’s first new fleet in 55 years — run Seattle to Vancouver in four hours for $135 round trip, with big windows and a café car stocked by Pacific Northwest favorites.
FOOD
STUFFING VS. DRESSING: SIX VERSIONS COOKED, RANKED — CORNBREAD WINS — One Texas kitchen cooked six versions over three weekends — Southern cornbread dressing took the crown at 9/10, and the USDA’s advice is bake it in a pan, not the bird.
WILD RICE STUFFED SQUASH: A FESTIVE SIDE WITH MINNESOTA ROOTS — James Beard winner JeanMarie Brownson stuffs roasted acorn squash with hand-harvested Minnesota wild rice, sage sausage and cranberries — a showpiece side from her trip to Minneapolis’s Indigenous restaurant Indigena.
CRANBERRY SAUCE WITH ORANGE AND PORT, STRAIGHT OFF THE CAPE COD BOGS — Fifteen minutes, a splash of port, and berries from the Cape Cod bogs — where the wet harvest turns the water crimson every fall.
POMEGRANATE TO THE RESCUE: 17 RECIPES TO BRIGHTEN A VERY BROWN THANKSGIVING — Turkey, gravy, stuffing, rolls — all brown. Seventeen ruby-red pomegranate dishes, from whipped feta to a one-pot chicken and rice, fix the table.
Leave a Reply