There were a lot of factors that led to the Democratic blowout last night. They won because of candidates who focused relentlessly on the issues that mattered to the people they were running to represent. Affordability and the cost of housing and energy and the burden of the government shutdown on communities across the country.They won because of a rising anger and outrage at the abuses of Donald Trump and his administration that we have seen at no kings rallies across the country, driving millions to turn ...

Welcome back. On this historic 37th day of the government shutdown, recipients of the SNAP program are anxiously awaiting their next payments. The Trump administration now says they will partially cover 65% of recipients monthly benefits instead of the 50% previously announced.And it comes after a federal judge ordered the administration to disperse funding for the food aid program. A federal judge later today will hear arguments on whether they are complying with that order with these partial payments. And ...

And joining us now, chair of the House Democratic Caucus, Congressman Pete Aguular, who's also a fellow Californian, alongside Nancy Pelosi. Congressman, you have served with Speaker Ammerita Pelosi now for roughly 10 years. What's your reaction to today's announcement.>> My reaction is that uh this is uh a sad day, but also joyous for uh for Speaker Pelosi. um that she is, you know, turning the page um uh and you know that we can celebrate appropriately uh her career in Congress. She's not going anywhere.W ...

The government has been shut down for 36 days, the longest in US history -And absolutely nothing about your life is different.What is the lesson here? ...

U.S. President Donald Trump speaks to reporters aboard Air Force One en route to the White House on November 2, 2025 after taking off from Palm Beach International Airport in West Palm Beach, Florida. Samuel Corum | Getty ImagesThis is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:Supreme Court justices appeared skeptical of the legality of President Donald Trump's tariffs on Wednesday, when ...

Impact of Government Shutdown on Air Travel Safety - Transportation Secretary announced a 10% reduction in US flights at 40 major airports, affecting nearly 4,000 flights [1] - Allied Pilots Association, representing 16,000 pilots, supports the flight reduction to maintain safety margins [1][4] - Rolling delays due to staffing shortages are causing fatigue among air traffic controllers [3] - The industry emphasizes the need for a clean CR (Continuing Resolution) to avoid further disruptions [5] - Airspace safety and security are paramount, requiring adaptation to maintain standards [7][8] Operational Challenges - Airlines are experiencing pilot time-outs due to delays, impacting schedules and requiring the use of reserve pilots planned for the Thanksgiving season [9][11] - The current situation is described as a "mess" that needs to be resolved to prevent further operational disruptions [10] - The shutdown is putting strain on pilots, potentially affecting their readiness and focus [11][13] Call for Action - The industry advocates for an immediate end to the shutdown, emphasizing that safety and security should not be part of a political debate [4][5] - The situation is considered urgent, requiring immediate action to ensure clear skies and prevent accidents [5] - The industry stresses that distractions and external issues should not compromise the focus and performance of flight crews and air traffic controllers [14]

Aviation Industry Impact - FAA to cut 10% of flights at 40 major US airports due to staffing shortages related to the government shutdown [1][5][7] - The flight cuts are expected to impact thousands of flights a day and will begin Friday morning [7] - UPS suspended package delivery operations at its Louisville hub, potentially delaying shipments including medications and online shopping, after a cargo plane crash [15] - UPS's Louisville hub typically handles 2 million packages per day [15] Political and Economic Implications - President Trump blamed the government shutdown for Republican losses in recent elections [3][22] - The Supreme Court is questioning President Trump's tariffs, which could cost the average consumer approximately $1,200 by the end of the year [17] - If the tariffs are struck down, the Treasury Department estimates a potential reimbursement effort of up to $1 trillion [19] Security and Crime - The FBI and NYPD arrested two men in New Jersey and charged three more in Detroit in connection with an ISIS-inspired Halloween plot [28][29] - Law enforcement is concerned about ISIS's continued support among lone-wolf attackers and potential direct communication with followers [29] - Mexico's president is pressing charges against a man who groped her in public, highlighting the issue of sexual harassment [35][37] International Affairs - A typhoon in the Philippines caused dozens of deaths and widespread destruction [3][46] - Chinese astronauts are stranded in space due to suspected space debris hitting their return capsule [47] - The report includes a rare look inside Gaza, showing the scale of destruction since the ceasefire, with both sides accusing each other of violating the peace deal [30][32][33] Other News - New York City elected a Democratic socialist, Ziran Mamani, as mayor [22][23] - The search continues for a missing 9-year-old girl, with investigators focusing on surveillance images showing her in disguise [39][40] - NFL star Tom Brady cloned his dog, costing tens of thousands of dollars [47][48]

Let's get everybody up to speed. Uh it was a uh a remarkable evening. Fascinating to see uh what took place.Democrats notching some key wins on election day. Democratic socialist Zoran Mandami is elected mayor of New York. He defeated independent Andrew Cuomo with about 90% of the expected votes in.Mandami has more than 50% to Cuomo's roughly 42%. And uh even if you were to factor in the SLA vote, it looks like Zuran Mandani would have still won. Democratic representative uh Mikey Cheryl elected New Jersey ...

And just a few minutes ago, Adam said to our daughters, "Your mom's going to be the governor of Virginia." [Applause] And I can guarantee those words have never been spoken in Virginia ever before. I've spoken with thousands of you over this last year. I know your struggles. I know your hopes. I know your dreams.So serving you is worth any tough fight I have to take on. And I am incredibly honored to be your next governor. >> Tonight, against all odds, we have grasped it.>> The future is in our hands, >> my ...

Market Sentiment - Risk-off sentiment has been pervasive across markets, leading to a stronger USD against most currencies, with the exception of JPY [1][9] - The Australian dollar and New Zealand dollar have been particularly weak, with the latter reaching a nearly seven-month low following a rise in the unemployment rate [9][10] Currency Performance - The U.S. dollar index was steady at 100.18, having reached as high as 100.25 for the first time since August 1 [5][10] - Sterling is near a seven-month low after UK finance minister Rachel Reeves hinted at broad tax rises in her upcoming budget [1][2] - The New Zealand dollar fell to $0.5635 after a 1.2% drop on Tuesday, marking a seven-month low [7][10] Stock Market Trends - Selling pressure dominated Asian stock markets, with Japan's Nikkei dropping 2.4% and South Korea's KOSPI plunging 4.8% [4][9] Economic Indicators - The ongoing government shutdown in the U.S. has halted the flow of macroeconomic data, increasing focus on private ADP payrolls [6][10] - The Reserve Bank of Australia's recent policy statement was not perceived as hawkish, contributing to the weakness of the Australian dollar [8][10] Cryptocurrency Market - Bitcoin experienced a 6.1% decline on Tuesday, reaching its lowest level since June 22, trading around $100,317 [8][10]