FEDERAL RAG
U.S. POLITICAL AND BUSINESS NEWS — SATURDAY, NOVEMBER 14, 2026 · MIDDAY UPDATE

MARKETS — LAST CLOSE FRIDAY, NOV 13: SPY 754.37 ▼ 0.36%  |  QQQ 679.89 ▼ 1.20%
NATIONAL DEBT: $40,608,506,856,903  |  ▲ $24,376,776,630 SINCE TUESDAY, NOV 10  |  AS OF THURSDAY, NOV 12 — U.S. TREASURY
Hartsfield-Jackson Atlanta International Airport during the FAA ground stop

Hartsfield-Jackson Atlanta International Airport — the world’s busiest — as the FAA’s nationwide ground stop left planes parked at gates across the country Friday. (Photo: Harrison Keely, CC BY 4.0, via Wikimedia Commons)

Duffy: Copper-to-Fiber Swap Flooded the System — Full Recovery Expected Sunday

The FAA says a contractor swapping copper wiring for fiber at a remote site flooded air-traffic routers with more than 1,000 connection attempts every few seconds — and with 4,000-plus flights canceled Saturday, the FAA chief says the skies should be back to normal Sunday.

TravelPulse: Airlines waive fees as 3,465 Saturday flights are canceled  |  Men’s Journal: Delta, United and American lead the cancellations

ELECTIONS & CONGRESS

VAN HOLLEN TAKES ON SCHUMER FOR SENATE TOP JOB — The Maryland senator announced Thursday he’ll challenge Schumer for majority leader, saying voters want the Iran war ended now, not in January; Schumer says he has the votes, but Sanders, Slotkin and four incoming senators say they won’t back him.

ALASKA: PELTOLA’S LEAD WIDENS TO 10,412 — Friday’s count put Peltola at 138,240 first-choice votes (49.84%) to Sullivan’s 127,828 (46.09%); the ranked-choice tabulation is Nov. 18, and the AP called the governor’s race for Democrat Jonathan Kreiss-Tomkins on Friday evening.

THE GERRYMANDER GAMBIT WAS A ‘COMPLETE BUST’ — Republicans redrew maps in eight states at Trump’s urging and won just one of five targeted Texas seats — while California’s retaliatory map flipped all five seats it targeted.

BUSINESS & YOUR MONEY

HOME SALES CRASH TO 16-YEAR LOW — Existing-home sales fell 5.5% in October to a 3.75 million pace, the weakest since August 2010, as the 30-year mortgage hit 7.40% — “a punch in the gut,” one economist said.

NVIDIA CLOSES BELOW $4 TRILLION — The chipmaker fell 2.01% Friday to $162.85, down 12.75% on the week — its sixth straight weekly decline — after HSBC cut it to hold with a $170 target; interim CEO Colette Kress reports earnings Tuesday.

QUICK HITS

VAN HOLLEN: ‘MORE THAN 10’ SENATORS IN HIS CORNER

SCHUMER: ‘I HAVE THE VOTES TO CONTINUE’

VAN HOLLEN WOULD USE DEC. 11 FUNDING FIGHT TO CUT OFF IRAN WAR MONEY

MISSISSIPPI CERTIFIES DEC. 3; COLOM CALLED NOV. 11

MARYLAND VOTERS APPROVED REDISTRICTING AMENDMENT

HOUSE RETURNS TUESDAY; SENATE MONDAY

INCOMING SENATE: 55 DEMOCRATS, 44 REPUBLICANS, ALASKA ALONE UNCALLED

FEDERAL GOVERNMENT

BESSENT BLAMES LUTNICK ON LIVE TV FOR CHIP BLACKLIST DELAY — The Treasury secretary said four agencies favored blacklisting Nvidia customer Megaspeed for months, but “Commerce has the pen” — an unusually public rebuke as Lutnick faces scrutiny over his ties to ousted CEO Jensen Huang.

SENATE RETURNS MONDAY TO VOTE ON JUDGE, AFFORDABILITY BILL — The Senate votes at 5:30 p.m. Monday on Tenth Circuit nominee Daniel Domenico, then on cloture for the Capito substitute to the Bipartisan American Affordability and Jobs Act — a 60-vote test before the Dec. 11 funding deadline.

TRUMP, XI TO HOLD ONE-ON-ONE TALKS AND WORKING LUNCH THURSDAY — Before Putin joins them for the first three-way meeting, Xi will hold separate talks and a working lunch with Trump in Shenzhen; Beijing remains wary of a gathering it sees as unpredictable.

BUSINESS & YOUR MONEY

STOCKS BANK BEST WEEK SINCE AUGUST DESPITE NVIDIA — The S&P 500 rose 2.51% on the week to 7,561.67 and the Nasdaq 2.27%, even as Nvidia lost 12.75%; the 10-year yield ended at 5.15% and gold at $3,881.60.

APPLE HITS RECORD HIGH AS ANTHROPIC IPO LOOMS — Apple touched a record $360.80 intraday Friday; Anthropic set a $70–$78 IPO price range, with trading expected Nov. 19 — and bitcoin slid to about $68,000, its lowest since August.

QUICK HITS

MULLIN: NO EVIDENCE OF A CYBER ATTACK

AMTRAK SAW HIGHER-THAN-NORMAL CALL VOLUMES FRIDAY

SUPREME COURT’S ORDER LIST DUE MONDAY AT 9:30 A.M.

LUTNICK AGREES TO TESTIFY BEFORE SENATE BANKING COMMITTEE

FED CHAIR WARSH SPEAKS MONDAY AT NOON IN SAN FRANCISCO

RETAIL SALES TUESDAY; NVIDIA EARNINGS TUESDAY AFTER CLOSE

FOMC MINUTES WEDNESDAY AT 2 P.M.

GEOPOLITICS

POPE PRAYS FOR END TO VIOLENCE RAVAGING PERU — Leo XIV prayed Saturday for an end to the violence enveloping his adopted homeland — homicides nearly doubled in five years, extortion reports up tenfold — then flew by helicopter to Santa Cruz de Succhabamba, where he urged the faithful to answer injustice with prayer and perseverance, not brutality; he meets Amazonian and Indigenous peoples Sunday.

TRUMP, XI AND PUTIN TO MEET THURSDAY IN SHENZHEN — The White House confirmed the first three-way meeting of the leaders of the world’s three nuclear powers: nuclear arms and Iran on the agenda, Ukraine not expected, and no agreement anticipated — nine months after New START expired.

FRANCE BRACES: 70,000 POLICE OUT AS PROTESTS RETURN — Paris extended its nighttime curfew and Lyon banned central gatherings as France deployed 70,000 police for Saturday’s cost-of-living protests; 2,700 people have been arrested since last weekend’s violence, and the Louvre is closed.

PARAGUAY: CARTES PULLED THE PLUG — The ex-president publicly demanded an investigation Wednesday and his faction backed Peña’s impeachment the next day; Peña and the ex-central bank chief sit in pretrial detention while about 1.2 million Ueno depositors have received advance payments.

INDONESIA’S VP QUITS AHEAD OF IMPEACHMENT — Gibran Rakabuming Raka, the ex-president’s son, resigned Nov. 12 after courts found his education documents didn’t meet election requirements; Prabowo must nominate two successors within 14 days.

BUSINESS & YOUR MONEY

OIL CLIMBS AS TRUMP SAYS NO IRAN DEAL NEEDED — WTI settled up 2.55% at $88.74 on Nov. 12; energy was the week’s best sector, up 5.42%, with refiners Marathon and Valero leading the gains.

QUICK HITS

ZELENSKYY WORRIED ABOUT DECISIONS ON UKRAINE WITHOUT KYIV

KREMLIN DISMISSES YALTA COMPARISONS

POPE POSED FOR A PHOTO WITH EACH OF 140 PRIESTS AT FRIDAY DINNER

MPR MUST ELECT A SUCCESSOR WITHIN 60 DAYS

CHINA’S ARSENAL ~620 WARHEADS VS 5,000+ EACH FOR U.S., RUSSIA

UENO HELD $355M OF PENSION FUND MONEY

SPORTS

NO. 4 UCLA STAYS PERFECT AS INJURED QB RETURNS TO HOLD OFF ILLINOIS 22-14 — Ty Dieffenbach left before halftime with a sore elbow and ankle, then returned to complete all five passes on the next drive, including a TD toss, as UCLA moved to 10-0 for the first time since 1998.

COLORADO STORMS BACK FROM 20-7 DOWN TO STUN NO. 14 HOUSTON 42-32 — The Buffs scored 28 straight points, ran for 249 yards with five rushing touchdowns, and fans stormed Folsom Field for Colorado’s first win over a top-15 team since 2007.

FLORIDA STATE’S DEFENSE GRINDS OUT 16-10 WIN AT PITT, ONE WIN FROM A BOWL — Kicker Gabe Panikowski hit three field goals including a season-long 47-yarder, and the Seminole defense made back-to-back fourth-down stops to seal a second straight road win under interim coach Rick Stockstill.

FAYETTEVILLE STATE ERASES 21-0 HOLE, WINS 31-29 ON LATE FIELD GOAL — Down 21-0 early in the second quarter, the Broncos rallied behind QB Jamir Dismukes, took the lead on John Hernandez-Vargas’s 30-yard field goal with 1:47 left, then watched Virginia State miss a 29-yarder as time expired.

SATURDAY’S BIG THREE: NO. 1 GEORGIA HOSTS MISSOURI, NO. 3 ALABAMA AT VANDY, NO. 5 NOTRE DAME HOSTS BOSTON COLLEGE — Top-ranked Georgia hosts No. 22 Missouri at 3:30 p.m. on ABC, Alabama visits Vanderbilt at 12:45 p.m., and Notre Dame hosts Boston College at 3:30 p.m. on NBC, with USC at No. 9 Indiana in the same window.

OLE MISS-OKLAHOMA BUMPED TO SUNDAY — AND OKLAHOMA IS FURIOUS ABOUT IT — The FAA ground stop kept Ole Miss from flying out Friday night, so the SEC moved the game to Sunday at 1 p.m. ET — over Oklahoma AD Roger Denny’s “strong objection,” with Commissioner Sankey warning a refusal to play would mean a forfeit.

TRAVEL

AMERICA’S MOST WELCOMING TOWNS: TEXAS HILL COUNTRY TAKES THE TOP SPOT — Booking.com’s 2026 Traveler Review Awards put Fredericksburg, Texas — German heritage, Wine Country, the National Museum of the Pacific War — No. 1, ahead of Palm Desert, Cape May, Broken Bow and Waikoloa.

BIG BEND AT ITS BEST: NOVEMBER IS THE MONTH FOR TEXAS’ DESERT, RIVER AND CANYONS — November highs in the 60s and 70s make it prime hiking weather at Big Bend, with 1,500-foot Santa Elena Canyon walls, Rio Grande floats, a riverside hot spring, and the Chisos Basin still open after a planned closure was canceled.

NEW ORLEANS LIGHTS UP THE NIGHT AS LUNA FÊTE RETURNS THIS WEEKEND — The free festival of light, art and technology runs Friday through Sunday, Nov. 13–15, 6–10 p.m. nightly from Gallier Hall to Piazza d’Italia, with projection mapping, illuminated puppets in the Puppetry Parade, and interactive installations.

THREE MILLION LIGHTS: ST. AUGUSTINE’S NIGHTS OF LIGHTS RETURNS NOV. 21 — The 33rd annual display runs Nov. 21, 2026 through Jan. 18, 2027, draping the nation’s oldest city in more than three million white lights, kicking off with Light-Up! Night at 6:30 p.m. on Nov. 21, plus a Christmas parade Dec. 5 and a Regatta of Lights Dec. 12.

FOOD

THE TAMALE IS QUIETLY VANISHING FROM RESTAURANT MENUS — Tamale entrées are down 7.8% on menus over five years because the three-day, labor-heavy process doesn’t pay like tacos do — though one Virginia chef still nixtamalizes his own corn and calls the result “a hug.”

ATLANTA’S BEST NEW RESTAURANT IS A LOVE STORY — AND NOW A MICHELIN STAR — So. Fox, the Virginia-Highland spot run by chef Myles Moody and sommelier Rachael Pack — husband and wife — is Southern Living’s November Restaurant of the Month, earning a Michelin star within four months of opening on a menu that changes with the season.

ROME OVERTAKES MILAN AS ITALY’S FINE-DINING CAPITAL — Rome now holds 28 Michelin-starred restaurants to Milan’s 21, led by a new wave of young chefs — two-star Gianfranco Pascucci, the “chef of the sea,” and Colombian-born Roy Caceres, whose fregula with sea urchins and XO sauce tells his life story on the plate.

VEGAS DINING: SUPER BOWL TACOS HEAD TO RED ROCK, A NEW SUSHI SPOT FOR DURANGO — Michelin Bib Gourmand winner Villa’s Tacos — the L.A. taqueria from Bad Bunny’s Super Bowl halftime show — opens a second Vegas spot at Red Rock Resort this spring, while chef Eric Kim brings a new sushi concept, Sushi Kame, to Durango’s food hall.

THE LEFTOVER FIX EVERYONE’S MAKING: TURKEY, CRANBERRY AND BRIE SKILLET CASSEROLE — The viral turkey-cranberry sliders get rebuilt as a cast-iron casserole — Hawaiian rolls, turkey, Brie and Gruyère, cranberry dollops, and a crunchy herb-butter roll topping — feeding eight for about $29.

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