Time (November 10 Issue)
“Ballooning health care costs are driving up the price of insurance for the 154 million Americans who rely on employer-sponsored coverage,” where an average increase of 6.5% is expected in 2026, “the highest increase since 2010.” Things are even worse for those who do not have employer-sponsored coverage. Those covered by Affordable Care Act (ACA) plans are likely to see their premiums “rise by an average of 75% in 2026.”
Tags: 2010, 2026, ACA, Ballooning, Costs, Coverage, Employer-sponsored, Health care, Insurance, Plans, Premiums, Price, U.S.
Wall Street Journal (November 9)
“President Trump has a big tariff problem: His border taxes are raising prices on tariffed goods, they’re unpopular with voters, and the Supreme Court might rule that his “emergency” tariffs are illegal.” To win back support, he has just promised “a dividend of at least $2000 a person (not including high income people!) will be paid to everyone.” This latest “hail Mary” is founded on, among other logical fallacies, a “contradiction that Mr. Trump can both pay a tariff rebate and pay down the national debt.” The WSJ editorial board has “advised Mr. Trump from the beginning that tariffs would do economic harm, and so they are.”
Tags: 2000, Border taxes, Contradiction, Dividend, Economic harm, Emergency, Illegal, Logical fallacies, National debt, Prices, Rebate, Supreme Court, Tariff, Trump, Unpopular, Voters
CNBC (November 7)
“Worries over the government shutdown surged in the early part of November, pushing consumer sentiment to its lowest in more than three years and just off its worst level ever.” The most recent University of Michigan “Index of Consumer Sentiment posted a reading of 50.3 for the month, indicating a decline of 6.2% on the month and about 30% from a year ago…. November’s reading was the second lowest going back to at least 1978.”
Tags: 1978, 50.3, Consumer sentiment, Decline, Government shutdown, Lowest, November, Surged, University of Michigan, Worries, Worst level
New York Times (November 6)
“President Trump’s barrage on global trade appears to have taken a hit” during questioning in front of the Supreme Court. “Concerns are growing that the Supreme Court could scramble the Trump administration’s tariffs strategy. That may be welcome news for free-trade advocates, but it could also unleash more uncertainty for businesses and Wall Street.” Market reaction was rapid as “the yield on 10-year Treasury notes spiked to 4.15 percent,” a sell-off that suggests “bond holders are fretting that an adverse ruling could deprive the government of revenues needed to offset the federal deficit.”
Tags: Barrage, Bond holders, Businesses, Free trade, Fretting, Global trade, Market reaction, Revenues, Scramble, Sell-off, Supreme Court, Tariffs strategy, Treasuries, Trump, Uncertainty, Wall Street, Yield
SF Gate (November 6)
“America’s tech industry continues to lead in a grim metric.” Challenger, Gray & Christmas released a report that “tracked layoff announcements from companies” and “in 2025, the tech industry had the highest recorded number of layoffs for the month of October: 33,281 compared with 5,639 in September.” But the report found layoffs are hardly restricted to the tech industry. “Total year-to-date job cuts in the U.S. are at their highest level since the pandemic struck in 2020” while “layoffs for the month of October” were the highest recorded since 2003.
Tags: 2003, 2020, 2025, Grim metric, Highest, Job cuts, Layoffs, October, Pandemic, Tech industry, U.S.
Reuters (November 4)
“Fears of a market bubble come as the benchmark S&P 500 continues its meteoric climb, repeatedly hitting record highs and evoking memories of the dot-com boom.” And on Tuesday, the chief executives of Morgan Stanley and Goldman Sachs warned that “global equity markets could be heading towards a correction, underscoring a growing concern that investor optimism has driven valuations to sky-high levels.”
Tags: Boom, Concern, Correction, Dot-com, Equity markets, Executives, Fears, Goldman Sachs, Investor optimism, Market bubble, Meteoric, Morgan Stanley, Record highs, S&P 500, Valuations
Washington Post (November 4)
America may still be “the world’s leading scientific research power, but competition is growing more fierce.” Even though “it’s a dangerous time to dull the country’s competitive edge,” Trump’s moves against universities have done just that. “Scientists in the United States increasingly see European bureaucracy as a safer setting for conducting their cutting-edge research than their home country’s own institutions.” The European Research Council “has seen a surge in applications,” with “nearly triple the number of proposals from Americans compared with the year before.”
Tags: Applications, Bureaucracy, Competition, Competitive edge, Cutting-edge research, ERC, Europe, Fierce, Leading, Power, Proposals, Safer setting, Scientific research, Trump, U.S., Universities
MarketWatch (November 3)
“History is about to be made in Washington. No one is celebrating.” The government shutdown will become the nation’s longest on Tuesday night when it will “eclipse the shutdown that stretched from December 2018 to January 2019.” It remains “unclear when the shutdown will end. In the meantime, the damage is piling up.”
Tags: Celebrating, Damage, Eclipse, End, Government shutdown, History, Longest, Tuesday, U.S., Unclear
Newsweek (November 3)
“Only 28 out of every 1,000 U.S. homes changed hands between January and September 2025,” marking “the lowest rate since at least the early-mid 1990s.” Increasingly, “U.S. homeowners are staying put amid growing economic uncertainty and the ongoing affordability crisis.”
Tags: 1990s. Homeowners, 2025, 28, Affordability, Crisis, Economic uncertainty, Homes, January, Lowest rate, September, Staying put, U.S.
The Economist (November 1)
“Ukraine is facing a savage cash crunch. Unless something changes, it will run out of money at the end of February. This cliff edge is fast approaching, now that President Donald Trump has cut America’s financial support for Ukraine, hopes of a ceasefire fade and Russian drones smash Ukraine’s energy grid in an attempt to break its will.” This presents Europe with “a giant opportunity.” Though “the bill will be huge. It is also a historic bargain.”
Tags: Historic bargain
