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Rubio Said Trump Wants To End The Iran War 'Peacefully.' Oil Prices Are Plunging.

Trump, on his end, said the conflict will end "very soon, one way or the other."

Rubio Signals Washington Is Open To A Diplomatic Resolution Of The Iran Conflict As Midterms Loom
Iran Is Changing Tactics To Prevent Ships From Crossing The Hormuz Strait. It Is Now Resorting To Limpet Mines.
Collapsing Currency, Soaring Inflation And No Oil Exports. The Treasury Department Says Economic Pressure On Iran Works.

Americans Are Spending More Money. But They're Not Actually Buying Much More.
Consumer spending rose 0.5% in September, but inflation-adjusted purchases were virtually unchanged as prices increased at the same pace.
Netanyahu Reportedly Wants To Strike Iran Right After U.S. Midterms, But Trump Wants To Give Negotiations A Chance
Netanyahu wants to jointly strike Iran after the U.S. midterms on Tuesday, while Trump prefers to give more time for negotiations to play out.
U.S. Keeps Escalating Economic Pressure On Iran. Tehran Officials Now Warn Of Gas Shortages As Winter Looms.
First Vice President Mohammad Reza Aref called on residents to conserve the resource, noting that he had to be honest about the stability of the supply.
The Trump Administration Is Quietly Preparing For A Democrat Win On Tuesday, But Republicans Are Upping The Ante
Donald Trump and Republican officials are reportedly preparing for the Democrats to flip the House and maybe the Senate, but a surprise endorsement in Michigan has offered Republicans a late boost.
Supermarkets Across Europe Are Losing Millions As Suspected Cyberattack Spoils Frozen Food Again
Chains in Sweden, Belgium and Luxembourg claimed that several stores experienced such incidents.
Binance Customers Are Pulling Billions After A Record Crypto Hack. The Exchange Says It's Holding Up.
Binance has pledged to cover customer losses and says it has replaced approximately 95% of the affected assets, although some withdrawal restrictions remain in place.

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THE BOTTOM LINE

house

One-Third Of U.S. Renters Want To Own A Home But Believe They'll Never Be Able To Afford One

The pessimism extends well beyond younger generations.

Economy in Focus

Wall Street Is Trading Near Record Highs. The Richest 1% Own More Than Half Of America's Stock Wealth.
As major U.S. banks prepare to report quarterly earnings, fresh attention is falling on who owns the financial assets benefiting from Wall Street's rally.
- S&P 500 Profits Set To Surge More Than 30% In Q3 With AI Giants Dominating Growth
- SpaceX Could Borrow $40 Billion For Nvidia Chips As Musk Makes A Massive New Bet On AI. Its Stock Fell.
Americans Are More Dissatisfied With Their Financial Situations Than They Have Been In Decades: Poll
The NBC News poll also shows Trump's approval ratings tanking ahead of Tuesday's midterms, but that has not necessarily translated into voters having favorable opinions of Democrats.
- Early Voting Continues to Surge Ahead of the Midterms. Battleground States See Biggest Spike.
- Democrats Are Holding the Lead In Early Voting Turnout Ahead of the Midterms. It is Larger than 2024.

Editor's pick

BlackRock headquarters

Bitcoin ETFs Lost $65 Million In A Day. One BlackRock Fund Accounted For Every Dollar.

The latest redemptions, however, represent a small fraction of the roughly $65.7 billion in net inflows BlackRock's fund has attracted since launching in 2024.

Shane Miah and Christian Asare

Contributor

How TetraFi Is Rethinking Institutional Liquidity and Settlement Across Digital Asset Markets

TetraFi is developing institutional digital asset infrastructure that connects liquidity venues, supports settlement and explores lending and multilateral netting for businesses operating across emerging markets.

Contributor
Baden Bower Is Pitching The Founders A Record Venture Market Passed Over
U.S. startups raised a record $412.7 billion in the first half of 2026, but investment was heavily concentrated in AI, megadeals and a small group of companies.
Contributor
Jae Kwon's Vision for Verifiable Digital Infrastructure in an AI-Driven Information Era
Amid declining trust in news and the spread of AI-generated search summaries, Jae Kwon advocates decentralized, open-source infrastructure and cryptographic verification as tools for improving digital accountability.

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.

Hegseth Fired a Top General. The Pentagon Claims He Was Leaking Classified Information.
The Pentagon removed Army Lt. Gen. Brett Sylvia and referred the matter to the Justice Department after an Air Force investigation into the potential disclosure of classified information.
More Top Wall Street Firms Are Paying Up To $100,000 a Month to See Trump's Social Media Posts First
Nearly Half of Americans Are Driving Less to Save on Gas as High Prices Continue to Surge

What Is Behind The Business Spat Between China And Soccer Superstar Kylian Mbappé?
French footballer Kylian Mbappé apologized after making comments implying he found comparisons between him and "dictatorial" Mao Zedong amusing, prompting backlash in China.
Bolsonaro Continues To Dispute The Brazilian Election Results. He Said He Would Run For Office Again Soon.
Collapsing Currency, Soaring Inflation and No Oil Exports. The Treasury Department Says Economic Pressure on Iran Works.

Stocks Plunge Again as AI Trade Unravels. Nasdaq Sees Worst Day Since June.
Stocks fell sharply as investors reassessed heavy AI spending, with the Nasdaq dropping 2.86% and Intel plunging 29% after issuing weaker-than-expected guidance.
The Tech Sell-Off is Putting the AI Trade on Notice. An Expert is Questioning Whether the Spending is Justified.
AI Models Could Be Compromised Into Delivering Misinformation, Research Finds