Morning News: November 25, 2025
Posted by Eddy Elfenbein on November 25th, 2025 at 7:05 am

China and Japan, With Trump in the Middle, Stoke an Existential Showdown

Norway’s Lesson for Europe on Wealth Taxes: Let Some Millionaires Go

Is Trump Right About the US Getting $21 Trillion in Investment?

Trump’s $21 Trillion Investment Boom Is Actually Short Trillions

$10 Billion and Counting: Trump Administration Snaps Up Stakes in Private Firms

Fed Chair Powell’s Allies Provide Opening for December Rate Cut

Fed’s Daly Backs December Rate Cut, Citing Vulnerable Labor Market

The Fed’s Tool for Calming Short-Term Funding Markets Is Being Tested

What I Learned Teaching Economics and Government Full Time

Kalshi Is Taking Aim at Stock Exchanges. Why Not?

Wall Street’s Macro Traders Eye Their Biggest Haul in 16 Years

If You’re Desperate, You Likely Don’t Have Much Debt

Pulte’s Move to Fix Credit Scores Is Bad News for Homebuyers

Justice Department to Settle Lawsuit Over Apartment Rental Pricing

Your Turkey Is Cheaper This Thanksgiving. That’s About It.

Trump’s Beef Price Battle Meets America’s Insatiable Demand

Republicans Need to Get Serious About Health Care

Park Service Union Movement Spreads to Grand Canyon, Joshua Tree

Petrobras CEO Scores Big Win, But Hasn’t Dodged ‘Electric Chair’

China’s Top Companies Focus on AI Agents as Next Battleground

AI Promised Magic, Then Wall Street Did the Math

Alphabet’s AI Chips, Gemini Model Position It to Rival Nvidia

How AI Can Help Reduce Wildfire Risks

What Is Agentic A.I., and Would You Trust It to Book a Flight?

Boeing Tackles Quality With a ‘War on Defects’

NASA and Boeing Scale Back Starliner Missions After Fumbled Astronaut Flight

Crime Rings Enlist Hackers to Hijack Trucks

VW Touts Up to 50% Reduction in Chinese EV Development Costs

Would You Like a New Car With That $8 USB Cable? Amazon Hopes So

This Sneaker Brand Keeps Raising Prices—and Consumers Don’t Seem to Care

France to Spend $150 Million Uprooting Vines as Wine Demand Dips

Tariffs and Strike Drive ‘Once-in-a-Lifetime’ Boost for Canadian Wine

Faux Jewels and Slimming Belts: Why Shopping on TikTok Is a Lot Like QVC

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Morning News: November 24, 2025
Posted by Eddy Elfenbein on November 24th, 2025 at 7:06 am

China Uses Japan Spat to Pressure World to Pick Sides on Taiwan

A Brief History of Enlightened Oppression

How Constitutional Limits Become Negotiable

Why Europe and the U.S. Are Still Haggling on Trade

Trade Chaos Causes Businesses to Rethink Their Relationship With the U.S.

How One German Toymaker Made Money Despite U.S. Tariffs

Banned Chinese Bond Tactic That Turns 8% Yields Into 16% Is Roaring Back

Bitcoin Funds Head for Worst Month as $3.5 Billion Pulled

Blockchain Is the Foundation of a Clearer Financial Future

The Next Winners in PE’s Big 401(k) Push: Million-Dollar Lawyers

Big Tech’s AI Debt Wave Is Threatening to Swamp Credit Markets

Treasury Secretary Says There Won’t Be a Recession in 2026

The Fed’s Not Ready to Channel Greenspan in Betting on Tech Boom

Everyone Is Talking About the ‘Affordability Crisis.’ It Can’t Be Solved.

The U.S. Is Not a Low-Tax Country Despite What You’ve Been Told

How the U.S. Economy Became Hooked on AI Spending

Blue Owl Is the Sum of All Investor Fears

Ray Dalio Says ‘Pod Shop’ Hedge Fund Model Is Unlikely to Last

The AI Industry Is Built on a Big Unproven Assumption

AI Is More Likely to Cause a Labor Shortage. Here’s Why.

Google’s Having the AI Build the UI in Latest Gemini Update

The Bad Reasoning in the Meta Antitrust Ruling Isn’t Even the Worst Part

The FTC Failed Against Meta Because It Misunderstands Dynamism

BHP Ends New Anglo Takeover Bid After Rejection

Blackstone-Backed Beacon Offshore Bets on US Gulf With New Wells

Hedge Fund Titan Has a Turnaround Plan (for the Carolina Panthers)

Inside Marriott’s Disastrous Bet on Short-Term Rental Company Sonder

Performance Food Group, US Foods Scrap Merger Talks

Why People Are Posting Fake Tales About Being Ghosted by Brands

Harley-Davidson Dealerships Are Shutting Down Across America: Here’s Why

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Morning News: November 21, 2025
Posted by Eddy Elfenbein on November 21st, 2025 at 7:03 am

Russian Oil Risks Being Stranded at Sea as US Sanctions Hit

Japan Announces $135 Billion Stimulus, NHK Reports, In Bid to Support Economy and Consumers

Top ECB Officials Urge EU To Remove Internal Barriers Amid Trump Tariffs

Mexico Economy Dipped Last Quarter, Fueling Recession Fears

Anxiety Over A.I. Spending Returns to Global Markets

Bitcoin Heading for Worst Month Since Crypto Collapse of 2022

Chinese Maker Behind Most of World’s Bitcoin Miners Has Been Focus of US National Security Probe

Close the Stablecoin Loophole Before We All Pay the Price

Berkshire’s Alphabet Buy Sure Doesn’t Sound Like Buffett

Founder of India’s Top Stock Broker Becomes a Billionaire

Watch Out, It’s More Economic Analysis From An Economist

The Fatal Conceit of Time Zones and Interest Rates

GOP Awaits Trump Direction on Health Care as Subsidy Spike Looms

Job and Housing Stresses Are Caught in a Vicious Loop

ICE Is Testing Charlotte’s Biggest Employers. They’re Failing.

Here’s What It Can Cost to Detain and Deport Just One Person

Air-Traffic Controllers With Perfect Shutdown Attendance to Get $10,000 Bonuses

The Godmother of AI Didn’t Expect It to Be This Massive

The New Billionaires Behind the AI Data Center Boom

Wall Street Chases AI Billions While Africa Tries to Join the Race

Morgan Stanley’s OpenAI Ties Show How Bank Reels in Hot Startups

Let’s Learn From Meta’s Antitrust Case What Not To Do With AI

Climate Summit Proposal Omits Plan for Exiting Fossil Fuels

The Dirty Secret of Biodegradable Plastic

VinFast’s Third-Quarter Loss Grows While EV Deliveries Jump

Obesity Drug Access Grows as Novo, Lilly Sell Direct to Employers

Cannabis Is In, Booze Is Out at This Year’s Thanksgiving Table

Why ‘Surveillance Pricing’ Strikes a Nerve

Netflix, Comcast and Paramount Submit Warner Bros. Discovery Bids

Telefónica Secures UEFA Broadcasting Rights in €1.5 Billion Deal

Marketers Are Quitting Corporations for Sports Teams. CMOs Who Made the Move Explain Why.

Cracker Barrel Investors Vote to Keep On CEO, but Send Message of Discontent

Superman Comic Sets Auction Record, Selling for $9.12 Million

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Morning News: November 20, 2022
Posted by Eddy Elfenbein on November 20th, 2025 at 7:08 am

Saudi Arabia’s Prince Has Big Plans, but His Giant Fund Is Low on Cash

Saudi Arabia, Once Shunned, Has Corporate Titans Swooning for Deals

A US Stand-Down Over Venezuela Is Still Possible

Cultural Confidence: The Missing Ingredient of Western Prosperity

The American Middle Class Is Shrinking, and That’s OK

Los Angeles Shows the Limits of the Affordability Message

Delayed Jobs Data to Give Snapshot of a Labor Market Under Stress

Holiday Hiring Slows, Frustrating Job Seekers

Fed’s October Rate Decision Fueled Pushback Over Possible December Cut

Why Are 3,900% Higher Deposit Levels a Priority?

BNP Raises Profitability Targets, to Launch $1.33 Billion Buyback

HSBC Overhauls Trading Business in Bid to Become Debt Powerhouse

Blue Owl Money Machine Sputters in Face of Private Credit Cracks

The Housing Strategy That Has California NIMBYs in a Corner

Nvidia’s Profit Jumps 65% to $31.9 Billion. Is It Enough for Wall St.?

Elon Musk Claims Money Won’t Exist in the Future (and Jensen Huang Would Like a Heads Up)

Larry Summers Resigns From OpenAI’s Board

Family Affair: Commerce Secretary’s Sons Cash In on A.I. Frenzy

Wall Street Wants Everyone Using AI Except Its Job Applicants

When Energy Is Done Right, a Rising Tide Will Lift All Boats

As Sanctions on Russian Oil Loom, India Prepares to End Its Buying Spree

This $1 Billion Nuclear Loan Is a Bad Look for Nuclear

Reducing Drug Costs Without Risking Patient Health

Abbott to Acquire Exact Sciences for $21 Billion

Walmart Reports Strong Sales Growth, Raises Outlook

Meta’s Dream of a Connected World Blocked at Red Sea

Verizon Begins Laying Off More Than 13,000 Employees

SharkNinja Built a $6 Billion Empire Selling Gizmos Nobody Needs

Bath & Body Works CEO Says Former Strategy Failed to Drive Growth

Weed Drinks That Get You Very, Very High Could Be Gone Soon

Major League Baseball Signs New Rights Deals With ESPN, NBCU and Netflix

Maasai Sue Marriott Over Ritz-Carlton Safari Camp

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Morning News: November 19, 2025
Posted by Eddy Elfenbein on November 19th, 2025 at 7:04 am

Singapore Woos Growth Firms with Plans to Make SGX-Nasdaq Dual Listing Easier

Where Will ‘America First’ Lead Us? The Answer From History: Nowhere Good

Trump’s Long-Shot Quest to Turn the Tide as the Asian Century Rolls On

Trump’s Warships Trigger Rally in Venezuela’s Defaulted Bonds

Raimondo Says Trump’s Tariffs Hard to Remove for Next President

Pharma Tariffs Would Result In Fewer, More Expensive Cures

There’s No Such Thing As a K-Shaped Economy

Fed’s Barkin Says Coming Data Will Guide December Meeting

What Fed Cut? US Repo Rates Still High as Liquidity Tightens into Year-End

The Growing Cost of Having Ties to Epstein

The World Is Failing Women and Children

JPMorgan’s Super-Sized Checks Are Blowing Away All Other Lenders

How Americans’ Nest Eggs Built a Private Equity Loan Revolution

Fintechs Don’t Require Government Handouts for Data Access

Nvidia and Walmart Could Ease Wall St.’s Jitters. Or Make Them Worse.

Nvidia Earnings Run Into a Market Suddenly Afraid of AI Spending

Nvidia Needs Investors to Party Like It’s Not 1999

Brookfield Targets $10 Billion for AI Fund in Nvidia Pact

China’s AI University Beats Out Harvard, MIT in Race For Patents

U.S. Backs $1 Billion Loan to Restart the Three Mile Island Nuclear Plant

Elon Musk’s xAI Is in Advanced Talks to Raise $15 Billion, Lifting Valuation

Europe’s Chip Dreams Confront Business Realities

Meta Did Not Violate Antitrust Law, Judge Rules

Adobe Nears $1.9 Billion Deal for Software Provider Semrush

Nexstar CEO Says Bigger Is Better in Pitch to FCC

Paramount Is the Only Logical Winner in the Three-Horse Race for Warner

Lowe’s Sales Rise, Boosted by Growth in Pro Builder Business

Target to Invest Billions to Upgrade Stores as Sales Slump Continues

TJ Maxx Owner Outperforms, Signaling More Frugal US Shopper

Ocado Misses Its Delivery Window With Kroger Setback

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CWS Market Review – November 18, 2025
Posted by Eddy Elfenbein on November 18th, 2025 at 8:43 pm

(This is the free version of CWS Market Review. If you like what you see, then please sign up for the premium newsletter for $20 per month or $200 for the whole year. If you sign up today, you can see our two reports, “Your Handy Guide to Stock Orders” and “How Not to Get Screwed on Your Mortgage.”)

The stock market fell again on Tuesday. This was the S&P 500’s fourth drop in a row. Wall Street is clearly getting nervous. Yesterday, for the first time since April, the index fell below its 50-day moving average, and it happened again today. The Dow lost 500 points today and the Nasdaq fell by 1.2%.

November has not been friendly to investors. So far this month, we’ve had four daily drops of more than 1%. In the three months prior to that, it happened only once. The S&P 500 has closed higher for the last six months in a row, but that streak looks to be in serious jeopardy. In four days, the S&P 500 has lost 3.4%.

Today it was tech stocks that were down the most. The S&P 500 Tech Sector was off by 1.68% today. That’s becoming a theme. Tech stocks and High Beta stocks in general have lagged the market over the last two weeks.

Anything risky has not done well. Bitcoin briefly dropped below $90,000 for the first time since April. I’m leery of calling this the start of a rotation. We need the trend to last a lot longer before we can say that. If we’re in an AI bubble, then this has to be one of the most expected bubbles in history. One thing history teaches us is that bubbles can go on longer than you think. It’s hard to stay rational when no one around you is.

All of Wall Street is waiting for Nvidia (NVDA) to report its earnings after tomorrow’s close. It’s hard to overstate how important this earnings report is to traders. Nvidia has a market value of roughly $4.5 trillion, and it used to be even higher.

Wall Street expects earnings of $1.25 per share. That’s compared with 81 cents per share for the same quarter one year ago. Whether it beats or not, get ready for some volatility. Going by the options market, traders see shares of NVDA closing up or down, by an average of 7%. That’s over $300 billion. Again, that’s only the average, it could be a lot more.

Over the last 10 years, Nvidia is up more than 6,000%. Despite being Wall Street’s darling, shares of Nvidia have largely performed as well as the market for the last four months. You have to wonder if a small leak can quickly turn into a big panic.

Since all those government economic reports were on hold, we’ve had to rely on other sources for getting a look at how well the economy is doing. We got another pseudo government report today which was Home Depot’s (HD) earnings report. In my opinion, HD’s earnings report is probably a better indicator of what’s really going on in the U.S. economy. It’s usually optimistic consumers that decide to do things like add a new deck.

Home Depot (in black) hasn’t performed very well against the S&P 500 (blue) for the last few years.

This morning, HD said that it missed earnings. Its Q3 earnings fell from $3.65 billion one year ago to $3.6 billion this year. The company also lowered its full-year guidance. Home Depot’s CFO said, “Our customers tell us that they remain on the sidelines due to uncertainty and perhaps the hesitation to make larger financial commitments amid an uncertain economic environment.”

For Q3, Home Depot’s comparable sales rose 0.2%. That was below Wall Street’s forecast for 1.3%. The damage isn’t that bad, but it soon could be much worse. This is an area of the market to keep an eye on.

The Russell 2000 had an unusually strong day today. The index closed higher by 0.4%. I think the Russell is a misunderstood index. It really doesn’t say much about small-cap stocks. Instead, the index is weighted heavily toward domestic manufacturing stocks.

The Federal Reserve meets three weeks from tomorrow, and the outlook for another rate cut is in doubt. Not that long ago, Wall Street assumed the Fed was on its side and that it would slash rates again. Maybe not. In the futures pits, the odds are almost exactly 50-50 on the chance for a December rate cut.

Yesterday, Federal Reserve Governor Christopher Waller said he supports another rate cut, and he could be in the majority. This next Fed meeting could test Jerome Powell’s leadership. Normally, most FOMC voters go along with the Fed chair, or there are one or two dissents. This next meeting may be different.

President Trump hasn’t exactly been shy about his feelings about Jerome Powell. Today the president said, “I’d love to get the guy currently in there out right now, but people are holding me back.” He’ll soon get his wish when Powell’s term expires in May.

To complicate matters, there may be a growing crisis in the world of private credit. A firm called Blue Owl limited redemptions from one of its funds. Earlier this month, Blue Owl said it will merge its traded fund with its non-traded fund, but investors in the non-traded fund won’t be to redeem their funds until the merger is completed. That may not happen until next year. Any problems in this sector of the market could easily be soothed with lower rates from the Fed.

Earnings Preview for IES Industries

This Friday, we’re going to get the latest earnings report from IES Industries (IESC). The report is due out before the market opens.

The stock has been a big winner for us this year. So far, the stock is up more than 80% YTD. Despite its strong performance, the company isn’t well-known. In fact, only one analyst on Wall Street follows the stock.

In this week’s issue, I wanted to describe who they are and what they do.

The company’s Executive Chairman is Jeffry Gendell who used to be CEO as well, but he relinquished that role earlier this year. Gendell was also the founder of Tontine Associates, which is a private investment management firm. The new CEO is Matt Simmes.

IESC currently has a market value of $7.2 billion and about 9,400 employees. The company currently operates through four business segments: Electrical, Communications, Infrastructure and Residential.

IES Electrical is an electrical contractor that provides design, build and maintenance services. The division offers service capabilities including constant presence, critical plant shutdown, troubleshooting, emergency service, testing, and preventive maintenance.

IES Communications provides the highest level of design, build and maintenance services for technology and communication systems.

IES Infrastructure provides electrical and mechanical apparatus services, custom steel fabrication and custom power solutions, including generator enclosures and bus systems.

IES Residential is one of the nation’s leading electrical, mechanical and plumbing contractors for both single family homes and multi-family apartment complexes.

IESC has also become known for its data centers which have become valuable thanks to the growth of AI. The company describes itself as “skilled and certified in designing, building and maintaining the critical technology and electrical systems in a data center.”

During Q3, IESC bought back 33,900 shares of stock for $5.3 million. The company has $168.0 million left in its repurchase authorization.

The sole analyst who follows IESC expects Q4 earnings of $3.11 per share. Since that’s the only forecast, I really don’t consider that to be Wall Street’s “consensus.” For last year’s Q4, IESC made $2.79 per share. Assuming 18% earnings growth would give them an estimate of $3.29 per share.

That’s all for now. The government’s econ reports may be out soon. Until then, several Fed officials will be speaking this week. I’ll have more for you in the next issue of CWS Market Review.

– Eddy

Morning News: November 18, 2025
Posted by Eddy Elfenbein on November 18th, 2025 at 7:06 am

Poor Countries Got $1 Trillion From China. So Did Rich Ones.

Why Close Trade Partners China and Japan Can’t Get Along

After Climate Push, Energy Companies Return to Fossil Fuels in Europe

Al Gore Tells COP30 That the US May Have Reached ‘Peak Trump’

High Hamburger Prices? White House Blames Biden and Migrants.

As Struggling Farmers Take On Debt, a Bailout From D.C. May Come Too Late

Trump Needs to Prove He Actually Cares About Affordability

This Is How Our Economy Comes Crashing Down

The Fed Balance-Sheet Debate Tilts Toward ‘Voodoo’ Economics

The Fed’s Alarm Is On Mute: Lloyd Blankfein’s Advice for 2025

You Don’t Need a Burry to Know Which Way the Bubble Blows

Weinstein’s Saba Sells Credit Derivatives on Big Tech as AI Risks Grow

Fed Vice Chair Says Economic Trade-Offs Justify Lowering Rates Slowly

The Fed Is Cutting Bank Oversight. Critics See Risks.

If the U.S. Treasury Employed Fraudulent “MMT,” It Would Have No Debt

Why the CFPB Must Reject the Open Banking Experiment

How a Private Equity Firm Left a $2.2 Billion Hole in a Life Insurer

Klarna Revenue Surges as Longer-Term Loan Book More Than Doubles

Bitcoin Drops Below $90,000 for the First Time in Seven Months

A New Trump Resort in the Maldives Courts Crypto Investors

A City Is Broke. Can a Billionaire’s Urbanist Dream Offer It a Last Chance?

JPMorgan’s Pinto Warns of Possible ‘Correction’ in AI Valuations

Outage at Cloudflare Disrupts Parts of the Internet

ChatGPT, X Among Sites Down in Broad Cloudflare Outage

Apple’s Vision Pro Isn’t the Flop It Seems

The World’s Most-Watched YouTube Video Hasn’t Made Its Creator Rich

Who Will Win Hollywood’s Big Prize?

Cutting Ties With China Is Harder Than Companies Expected

The Hidden Risk When Retailers Ask for a Five-Star Review

If I Were CEO of Starbucks, I Would Fire the Strikers

Panera Plans to Spend Millions on Better Sandwiches and Nicer Stores

Trump Says US Is Creating Priority Visa System for World Cup

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Morning News: November 17, 2025
Posted by Eddy Elfenbein on November 17th, 2025 at 7:09 am

Brazil’s Economic Activity Falls as High Rates Weigh on Growth

Saving One of the World’s Most Important Carbon Sinks Is Big Business

China Escalates Japan Spat With Threats of Economic Retaliation

Trump Tariffs Push Japan’s Economy Into Contraction

Ukraine’s Revival Is a U.S. Investment Opportunity

Does the US Now Have a Casino Economy? Yes and No

Pasta at Twice the Price? Some Italian Producers Face Huge U.S. Tariffs.

White House Hunts for Ways to Lower the Cost of Living

Why Every Fed Official Should Eat At Akron, OH’s Diamond Grille

The Crypto Industry’s $28 Billion in ‘Dirty Money’

Crypto’s Riskiest Tokens Plummet to Pandemic-Era Levels

How to Not Get Kidnapped for Your Bitcoin

The Offshoring of America’s Retirement Savings

Jeffrey Gundlach Warns of ‘Garbage Lending’ as Private Credit Booms

The ESG Return on Investment Reckoning Is Coming

Trump’s Spending Abuses Are Out of Control

They Rushed to Buy Homes During the Pandemic. Now, Some Feel Trapped.

The Case for a Mortgage Policy That Almost Everyone Hates

Layoff Tactics Keep Changing, and the Blunders Keep Coming

The Job Market Is Heating Up — for Jobs That People Usually Don’t Want

International Student Enrollment Drops After Trump’s Visa Overhaul

For Too Many American Kids, Math Isn’t Adding Up

Cash Grants Aren’t a Long-Term Solution to Global Poverty

Novo Undercuts Lilly’s Obesity Drug Price for Cash-Pay Patients

Hydropower Is Getting Less Reliable as the World Needs More Energy

Rivian Bets Its EV Engineers Can Spin Out New Businesses

The AI Investment Boom Is Quietly Entering Mania Territory

US Sanctions Propel China AI Prodigy to $23 Billion Fortune

ChatGPT Is Just Too Dangerous for Teenagers

Spotify Needs to Stop AI Music From Reaching My Ears

How ‘Baby Shark’ Drove Pinkfong to the Stock Market

Sinclair Takes Stake in E.W. Scripps to Push Takeover Deal

The Man Yelling ‘Iceberg!’ on the Hollywood Titanic

Domino’s Invests in Rebrand (And Stuffed-Crust Pizza) to Keep Diners Coming

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Morning News: November 14, 2025
Posted by Eddy Elfenbein on November 14th, 2025 at 7:03 am

Africa Needs 1 Billion Jobs by the End of the Century. Where Will It Find Them?

China’s Economy Stumbles After Unprecedented Slump in Investment

Short of Hoarding, China Can’t Keep ‘Rare Earths’ Out of the U.S.

Oil’s Surplus Is Growing, But So Is Geopolitical Risk

Europe Cannot Legislate Technological Supremacy

Rachel Reeves Budget U-Turn Puts UK in a Tax Death Spiral

How a BBC Documentary Triggered a $1 Billion Lawsuit Threat From President Trump

Trump Readies Tariff Cuts, Trade Deals in Affordability Push

What Bananas Tell Us Now About Tariffs and Inflation

Janet Yellen Says the US Is Undermining Its Economic Success

Bitcoin’s Bear Market Deepens as ETF Investors Yank $870 Million

What Our Michael Burry Obsession Says About Us

Watch for This Toxic Trifecta Before the Next Financial Meltdown

Don’t Turn Deposit Insurance Into Another Middle Class Tax

Companies Predict 2026 Will Be the Worst College Grad Job Market in Five Years

Cyberattacks Are Up. So Why Are US Defenses Down?

Anthropic Says Chinese Hackers Used Its A.I. in Online Attack

“Industrial Policy” Should Be Opening Federal Lands To Data Centers

Big Tech’s Dominance Depends on Our Laziness

Emirates to Put Starlink on Aircraft in Major Win for SpaceX

Inside the Frantic Push to Reverse Verizon’s Decline

As First Brands Headed for Failure, Its Founder Spent Big in Europe

Your 2025 Guide to Holiday Prices: Where Tariffs Are Biting and Where They’re Not

Boomers Are Passing Down Fortunes — And Way, Way Too Much Stuff

How to Not Drown Under All Your Parents’ Stuff

Kennedy Walks a Tightrope on Trump Deal for Obesity Drugs

Paramount, Comcast, Netflix Prepare Bids for Warner as Deadline Approaches

25 Movies, Many Stars, 0 Hits: Hollywood Falls to New Lows

Netflix Tries Bringing Family Game Night to Your TV

Want a Meeting With the Girl Who Invented a Board Game? Get in Line.

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Morning News: November 13, 2025
Posted by Eddy Elfenbein on November 13th, 2025 at 7:01 am

Zelenskiy Says Ukraine’s Survival Rests on Funds From Allies

Russian Trademark Poachers Are Targeting Brands Like Armani and Amazon

Cocaine Bonanza and a Defiant Colombian President Infuriate Trump

Britain Is Preparing Tens of Billions in New Taxes—Again

Record US Government Shutdown Ends as Trump Signs Spending Bill

White House Says October Jobs, Inflation Reports Unlikely to Be Released

The Shutdown’s Unseen Victims

Better Economic Instruction Will Restore Economic Freedom

Supreme Court Can’t Mend US Trade Policy

NYC Is the Next Front in Trump’s War on Cities

Atlanta Fed President Bostic to Retire Ahead of Reappointment Process

Regional Fed Banks Could Be Next Front in Trump’s Pressure Campaign

How To Increase Deposit Insurance Without Moral Hazard

Jon Gray Is Reshaping Blackstone Into Everybody’s Investing Megastore

Michael Burry’s Scion Hedge Fund Deregistered, SEC Filing Shows

All About Denmark’s ‘Foundation’ Model, and Why it Matters Now

If Border Closure Is Such Great Politics, What Happened On 11/4?

Trump Administration Expected to Drastically Cut Housing Grants

Builders’ Cheap Mortgages Are a Bad Deal for Home Buyers

How Private Equity’s Vision for a Roofing Conglomerate Went Bust

Threats of Nuclear Testing Ignore Its Terrifying History

Oil Market Faces Growing Surplus as Inventories Climb, IEA Says

A Fossil Fuel Fight Brews at COP30 as Delegates Draft Road Map

Trump Is Helping Big Oil’s Return to Exploration

Keep International Climate Policies Out of Americans’ Pocketbooks

Electric-Truck Maker Harbinger Raises $160 Million

The Luxury Electric Vehicle Is in Trouble

Accenture and Jeffrey Katzenberg’s WndrCo Invest in AI Marketing Startup

Some South Korean Workers Return to Georgia Factory After U.S. Reissues Visas

Disney Posts Roughly Flat Quarterly Revenue as TV Declines Continue

NBCUniversal Launching New Cable Sports Channel

China ‘Singles’ Day’ Sales Show Modest Growth

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