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Trump administration invests $10 bn in private firms for national security
The unusual government intervention into the private market is fuelling some concerns, including the opacity of the process, the potential for favouritism, corruption and market distortions
 "Trump administration invests $10 bn in private firms for national security")
US threatens to cut intel, weapons to press Ukraine into peace deal: Report
Washington has presented Ukraine with a 28-point plan, which endorses some of Russia's principal demands in the war
 "US threatens to cut intel, weapons to press Ukraine into peace deal: Report")
US threatens to cut intel, weapons to press Ukraine into peace deal: Report
Washington has presented Ukraine with a 28-point plan, which endorses some of Russia's principal demands in the war
The tough race for critical minerals continues despite viability fears
While the auction of mines has attracted high bids, just how many of these mines will actually be commercially viable remains to be seen
 "The tough race for critical minerals continues despite viability fears")
Harvard launches new probe into Epstein links after Summers email uproar
Through a spokesperson, Summers declined to comment on Harvard's new investigation, which was reported earlier by the Harvard Crimson
 "Harvard launches new probe into Epstein links after Summers email uproar")
Larry Summers to step back from public roles amid Epstein backlash
In one email, sent in October 2017, Summers told Epstein that Trump was the 'world s luckiest guy in terms of opposition, economy etc. still think his world will collapse'
 "Larry Summers to step back from public roles amid Epstein backlash")
Chevron, Phillips 66, Total win India's first US LPG import tender: Report
India plans to raise energy imports from the US to cut its trade surplus with Washington, a key irritant for President Donald Trump, who has imposed a 50% import levy on Indian goods
 "Chevron, Phillips 66, Total win India's first US LPG import tender: Report")
Epstein claimed he could 'take down' Trump after their friendship ended
Jeffrey Epstein cast himself as a Trump insider and wanted to leverage potentially damaging information about the president and his business dealings, according to emails with associates
 "Epstein claimed he could 'take down' Trump after their friendship ended")
Michael Burry of 'Big Short' fame deregisters Scion Asset Management
Bets by Scion, which managed $155 million in assets as of March, have long been dissected for hints of looming bubbles and signs of market froth
 "Michael Burry of 'Big Short' fame deregisters Scion Asset Management")
President Trump praises H-1B talent, reinforces India's tech role
President Donald Trump's remarks recognising the importance of H-1B talent have renewed optimism among India's tech sector, though experts say the real impact depends on visa fee reforms
US air traffic staffing crisis disrupts thousands of flights amid shutdown
Some 1,500 flights were canceled and 6,000 flights were delayed on Saturday, compared with Friday when 1,025 were canceled and 7,000 were delayed
 "US air traffic staffing crisis disrupts thousands of flights amid shutdown")
US air travel will fall to a trickle due to shutdown: Transportation Secy
Major airlines were dealing with a third day of government-mandated flight cuts after thousands of delays and cancellations snarled traffic on Saturday
 "US air travel will fall to a trickle due to shutdown: Transportation Secy")
Gold to remain in corrective phase ahead of crucial US, China macro data
Gold prices are expected to remain in a corrective phase in the coming week ahead of the crucial US inflation data, continuing uncertainties over trade tariffs and key economic numbers from China, analysts said. Traders will also closely watch comments from US Federal Reserve officials for clarity on the monetary policy outlook, which is likely to steer the near-term direction for bullion prices, they added. "Gold prices are expected to see some consolidation or more correction as focus will be on the inflation numbers, US Supreme Court hearing on tariffs, speeches from Fed officials, and Chinese data," Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd, said. He said that although gold prices ended the week slightly lower, the metal is largely stuck in a range, capped on the upside by a stronger dollar and sluggish physical demand as retail buyers stayed away on the sidelines in anticipation of further price correction. However, Mer noted ..
 "Gold to remain in corrective phase ahead of crucial US, China macro data")
Republican US Rep. Elise Stefanik to run against New York Guv Kathy Hochul
Republican US Rep Elise Stefanik is running for governor of New York, her campaign announced Friday. In a video shared on social media, Stefanik called Democratic Gov Kathy Hochul the worst governor in America and called New York the most unaffordable state in the nation. Stefanik, who represents a solid red congressional district in upstate New York, has for months teased a run for governor, levelling heavy criticism at Hochul and more recently toward Zohran Mamdani, the mayor-elect of New York City. I am running for governor to bring a new generation of leadership to Albany to make New York affordable and safe for families all across our great state," Stefanik said in a statement issued Friday. Last year, President Donald Trump picked Stefanik, a staunch ally, to be the administration's ambassador to the United Nations, but months later rescinded the nomination over concerns about Republicans' tight margins in the House. Though any Republican faces long odds of winning the ...
 "Republican US Rep. Elise Stefanik to run against New York Guv Kathy Hochul")
US job cuts hit two-decade October high as AI and costs reshape firms
Companies announced 153,074 job cuts last month, almost triple the number during the same month last year and driven by the technology and warehousing sectors
 "US job cuts hit two-decade October high as AI and costs reshape firms")
Nancy Pelosi, first woman US House speaker, to retire after 40 years
She has been at the forefront in battling for control of the House and especially taking on Republican Donald Trump, who feuded with her in his first presidential term from 2017-2020
 "Nancy Pelosi, first woman US House speaker, to retire after 40 years")
Gold rises over 1% on safe-haven demand despite strong US payrolls
Spot gold was up 1.2% at $3,977.94 per ounce by 10:57 am ET (1557 GMT). US gold futures for December delivery rose 0.7% to $3,989.80 per ounce
US government shutdown becomes longest ever, costs economy $15 bn weekly
Thousands of privately owned businesses that rely on loans from the US Small Business Administration are missing out on funds
Wall Street drops fear of 'hot commie summer' in overture to Zohran Mamdani
Mamdani used the Wall Street derision channeled in his direction as the perfect foil, Kronfeld said
 "Wall Street drops fear of 'hot commie summer' in overture to Zohran Mamdani")
How Zohran Mamdani beat back New York's elite and was elected mayor
The 34-year-old assemblyman won the Democratic primary by defying the city's all-powerful establishment. He secured the mayoralty by delicately disarming it
 "How Zohran Mamdani beat back New York's elite and was elected mayor")