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10-year Treasury yield touches 5%, lifting borrowing costs across the economy

10-year yield hits 5%; borrowing costs rise

The 10-year hitting 5% raises mortgage, auto and corporate borrowing costs — which can increase monthly payments and could slow business investment, affecting jobs and prices.
Axios More

Judge blocks new USPS mail‑ballot rule as Supreme Court mulls next step

A judge blocked a USPS mail‑ballot rule, affecting how millions of mail ballots could be handled weeks before the midterms; the Supreme Court may yet weigh in.
APMore

EPA set to roll back power-plant carbon limits

Repealing federal carbon limits could shift power-plant investment and grid planning, potentially affecting electricity costs and how utilities manage future generation.

Oil jumps after Gulf strikes and Saudi pipeline shutdown

Rising crude can tighten diesel and gas supplies, potentially raising fuel prices and adding pressure to inflation and borrowing costs for households and businesses.

Report: Putin-aligned oligarch funded Don Jr.’s Bahamas wedding

A Putin-aligned oligarch paid major costs for Don Jr.’s Bahamas wedding, raising conflict-of-interest and security questions about access to the Trump family that could affect oversight and policy.

Pennsylvania coroner reports third measles‑related death in outbreak

A 40‑year‑old woman died Saturday; state health officials are reviewing the case as the outbreak intensifies and vaccination debates grow.

Pentagon awards Elmet up to $2B to rebuild tungsten stockpile

A Pentagon IDIQ with a $2 billion ceiling and $150 million guaranteed means steady demand for U.S. tungsten mining and processing, affecting defense supply chains and long-term industry investment.

Amazon pauses 21 Air flights after fatal Miami cargo crash

Amazon suspended its partnership after a Miami cargo jet overshot the runway and killed five, raising safety and delivery concerns for e‑commerce shipping.

Kennedy Center could close; board ties rescue to restoring Trump’s name

Kennedy Center may run out of cash within weeks and could close as early as Tuesday; board links rescue to restoring President Trump’s name, risking canceled shows and staff layoffs.

White House accepts tougher ethics language to push crypto bill forward

New ethics limits could reshape the crypto market and set conflict‑of‑interest rules as senators prepare for a key vote.
AP More

Speaker: Trump’s $5,000 ‘dividend’ would need Congress’s approval

Johnson said checks can’t be sent unilaterally, so households’ receipt of proposed $5,000 depends on lawmakers and midterm fights.
Axios More

Florida okays $240M for immigration; disaster fund forecasts $1.5B gap

Lawmakers approved $240 million for immigration bills while the state’s disaster fund faces a projected $1.5 billion shortfall, which could limit money available for hurricane response and recovery.
WUSF More

Airman recounts rescue after F-15E was shot down over Iran

A rare first-person account of a high-risk U.S. combat rescue sheds light on the risks service members face and matters to military families and the public.

Trump says he may declassify records tied to alleged Saudi links to 9/11

He said he would consider releasing documents families long sought that they say could clarify any foreign role in the attacks.
AP More

Judge says DHS’s plan to cut FEMA staff by half was unlawful

The ruling blocks a plan to halve FEMA staffing, preserving disaster‑response capacity amid ongoing threats from storms, fires and floods.

Texas rallies from 20 down to stun No. 1 Ohio State, 24‑23

A 20‑point fourth‑quarter comeback gave No. 4 Texas a 24‑23 win, reshuffling the AP Top 25 and affecting the college title race.

Trump downplays strict AI limits, points to race with China

His remarks about easing strict AI curbs could influence U.S. policy that shapes jobs, national security and tech innovation.
Gpb More

Trump urges Zelensky to stop strikes on Russian diesel infrastructure

He asked Ukraine to halt strikes on diesel targets, a move that could affect global diesel supply and U.S. energy prices.
APMore

Trump says he plans to remove 10% tariff on Irish whiskey

Removing the tariff could lower prices on a popular import and ease a trans‑Atlantic trade sore spot for consumers and retailers.

Anthropic CEO urges AI slowdown, says industry ‘lied’ about risks

Dario Amodei’s call for slower model development and federal guardrails could influence the pace of AI features, safety rules and the tech economy.
Earlier on PoliticalDad
Flash flooding disrupts Northeast travel — trains and flights hit7:59 AM Hearst
Powerball jackpot hits $251 million for Monday drawing7:59 AM Texas
Nolan's The Odyssey becomes Universal's top‑grossing film ever5:59 AM Variety
Yesterday
Practical Magic 2 opens No. 1, ends Spider-Man's six-week run1:53 PM AP News
Venice names 'Woman Unknown' its top film11:41 AM Reuters via
More arrests expected in Jackson hanging investigation8:42 AM AP
Alien Terrorist Removal Court used first time to deport Texas resident8:42 AM Georgia
Report links Chinese satellite images to strike that killed 3 U.S. troops8:42 AM Anadolu
Former CIA official with $40M in gold reaches tentative plea deal8:42 AM AP
Trespass at Harris' Malibu home prompts extra patrols8:42 AM Fox News
Tom Tiffany survives emergency plane landing in lake8:42 AM WSAU
Oklahoma State stuns No. 6 Oregon, snapping 21-game skid8:09 AM NBC Sports
Rybakina wins US Open, becomes world No. 18:09 AM WTA
Report: one killed after ship struck near Strait of Hormuz8:09 AM Reuters
Week 2 upsets scramble AP Top 25 and playoff picture8:09 AM NCAA.com
Noche UFC card delivers Silva win, Moreno rebound8:09 AM UFC
Alaska drops voter misconduct cases tied to American Samoans8:09 AM Alaska's
Saturday
New subpoenas broaden DOJ probe into Newsom's travel, expenses8:04 PM San Francisc
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