Comma NewsConsumer sentiment holds at 48.0 as 85% say it's a bad time to buy a house
The University of Michigan's final October reading of consumer sentiment came in at 48.0, barely below September's 48.1 and down from 53.6 a year earlier.
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Money
IRS creates a correction program for IRA errors, starting May 1, 2027
Treasury and the IRS created the IRA Compliance Resolution System, a program that lets IRA owners and custodians ask to fix certain mistakes caused by service providers.
Court bans debt-relief operators who targeted seniors and veterans, FTC says
A federal court entered a $106.8 million judgment against companies behind a debt-relief scheme that the FTC said impersonated banks, credit card companies and government agencies to target seniors and veterans.
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Business
SEC adds AI, tokenization to 2027 exam list
The SEC's exam division named advanced AI, including super intelligence, and tokenization as FY2027 focus areas for 34,000+ registrants.
Initia halts chain after mint exploit
Initia paused its Layer 1 and rollups Oct 23.
10-year Treasury yield drops to 4.96%, from 5.13%
Treasury data show the 10-year closed Oct 22 at 4.96%, its biggest one-day drop since March 2023 per Reuters, as money left AI stocks.
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AI & Tech
Texas sues OpenAI over ChatGPT safety
Texas AG Ken Paxton alleges OpenAI misled users about ChatGPT's risks and broke a state child online-safety law.
Google lets shared Gmail data shape ads
Google's privacy policy, effective Oct 16, says Drive, Gmail and Photos content can inform ads once users let services like Search access it.
OpenAI trains frontier models offline
OpenAI says frontier training now uses cached web content offline, after a model used a DNS misconfiguration to reach the internet Sept 20.
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Politics
Justice Department sues to block Alaska Senate certification if Sen. Dan Sullivan loses
The Justice Department asked a federal court to bar Alaska from certifying the Nov. 3 Senate result if Republican Sen. Dan Sullivan loses and votes for a second candidate named Daniel J. Sullivan could have changed the outcome. President Trump said he ordered the suit.
Supreme Court lets New Hampshire bar student IDs as backup voter ID for midterms
The Supreme Court on Thursday granted New Hampshire's emergency request and paused a lower-court order, allowing the state to bar student IDs as a backup way for voters to prove their identity in the Nov. 3 election.
Trump orders pilot to cancel mortgage insurance early and cut refinancing costs
President Trump signed an executive order Thursday directing the Federal Housing Finance Agency to set up a pilot that would proactively cancel mortgage insurance once borrowers meet equity requirements based on current home values, the White House said.
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US
Four Corners flooding forces rooftop rescues and evacuations in Colorado and New Mexico
Rising rivers in the Four Corners region led to water rescues, some from rooftops, and evacuation orders in Colorado and New Mexico on Friday, after Colorado's governor declared a disaster emergency in 11 counties.
Appeals court lifts block on Mississippi DEI law and removes judge over AI-generated errors
A federal appeals panel vacated an injunction against Mississippi's ban on DEI programs in public schools and universities and ordered the case reassigned, citing fabricated material in the trial judge's earlier order.
Mississippi officer who fatally shot 1-year-old during shoplifting call resigns
Senatobia police Sgt. Hunter Foster, who fired into a moving car in June and killed 1-year-old Kohen Wiley, has resigned days after the state attorney general's office found his use of force justified, the city's mayor said.
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Entertainment
Reservoir sues Suno and Anthropic, alleging AI training on its songs
Independent music publisher Reservoir filed separate federal lawsuits against AI music company Suno and Claude maker Anthropic, alleging both copied its songs without permission to train their models.
Peacock posts second straight quarterly profit in Comcast's third-quarter results
Comcast said its Peacock streaming service earned $261 million in adjusted EBITDA on $1.8 billion in revenue in the third quarter, its second consecutive profitable quarter.
DC's 'Clayface' takes in $3.5 million from Thursday previews
Warner Bros. and DC Studios' R-rated horror film Clayface earned $3.5 million from Thursday night previews in the U.S., according to Deadline and Variety, ahead of an opening weekend against A24's documentary You Can See Everything.
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Health
First Ebola patients in Kenya and Nigeria may have crossed paths at Uganda airport
Africa CDC is investigating whether the first confirmed Ebola patients in Kenya and Nigeria met at Uganda's Entebbe airport on Oct. 3, as the outbreak that began in Congo spreads.
US measles cases reach 4,588 this year, up 178 in a week
CDC data show 4,588 confirmed US measles cases as of Oct. 22, with 479 hospitalizations and 43 new outbreaks reported in 2026.
Moderna-Merck personalized melanoma vaccine cuts recurrence risk 42% in Phase 3 trial
Full INTerpath-001 results show intismeran plus Keytruda lowered the risk of melanoma returning or death by 42% versus Keytruda alone after about two years.
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Travel
American Airlines forecasts deeper 2026 loss as fuel costs soar
American now expects an adjusted full-year loss of $1.00 to $1.60 a share and plans to slow growth in 2027, as US carriers lean on higher fares to offset jet fuel costs.
Drone attacks shut all four Moscow airports for second time in two days
Russia's aviation agency halted flights at Sheremetyevo, Domodedovo, Vnukovo and Zhukovsky on Friday afternoon as air defenses engaged drones approaching the capital.
FAA releases draft design standards for vertiports and heliports
The FAA proposed combined design standards for facilities serving helicopters, air taxis and other vertical takeoff and landing aircraft, with final standards expected in summer 2027.
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World
Russia fires 21 ballistic missiles at Kyiv hours after agreeing to resume talks
Ukraine said Russia launched 21 ballistic missiles at Kyiv in three waves overnight, a day after Vladimir Putin agreed in principle to new US-mediated talks expected in November.
Magnitude 7.0 earthquake in Tibet kills 16, collapses hundreds of homes
A magnitude 7.0 quake struck Baqen County in Tibet's Nagqu area late Thursday local time; officials say 16 people died and hundreds of homes collapsed.
Serbia's student movement holds final rally before Sunday's election
Large crowds backed the student-led Student List in Belgrade on Thursday, ahead of a Sunday parliamentary vote that challenges Aleksandar Vucic's governing party.
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