‘The U.S. recorded a $100,500,000,000 budget deficit in October, an increase of about 60% from a year earlier, as spending grew twice as fast as revenue.’
‘Stocks are falling sharply on Wall Street, erasing an early gain, following a report that the U.S. will announce tariffs on all remaining imports from China by early December if the two countries can’t make progress in resolving their trade dispute.’
Stocks plunge again, wiping out gains for the year; technology swoon pulls Nasdaq 12 percent below August peak.
Breaking: DOJ arrests & extradites officer of China’s Ministry of State Security for espionage. Yanjun Xu was lured to Belgium, arrested there and extradited to US yesterday. His targets were multiple US aerospace and aviation companies. Fascinating case & collar for DOJ
House Majority Leader Kevin McCarthy to introduce bill to fully fund Trump’s border wall.
The U.K. and Germany are considering fresh measures to put pressure on Russia after U.S. and European investigators disclosed a range of new accusations over hacking activities by Russian military intelligence.
‘The U.S. jobless rate dropped to 3.7 percent in September — the lowest since 1969, though the economy added a lower-than-expected 134,000 jobs, the Bureau of Labor Statistics said. The jobless rate fell from August’s 3.9 percent.’