Newsletter Oct 28, 2022
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Markets
DJIA 32,033.28 0.61%
S&P 500 3,807.30 -0.61%
Nasdaq Composite 10,792.67 -1.63%
Japan: Nikkei 225 27,226.88 -0.43%
UK: FTSE 100 7,073.69 0.25%
Crude Oil Futures 88.42 -0.74%
Gold Futures 1,668.30 0.16%
Yen 146.43 0.08%
Euro 1.00 0.32%
* As of market close

 
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Musk cleans house at Twitter, even the sink

Elon Musk took control of Twitter and fired its top executives Thursday in a deal that puts one of the top platforms for global discourse in the hands of the world's richest man. Musk sacked chief executive Parag Agrawal and other high-ranking execs hours before the court-appointed deadline for Musk to seal his on-again, off-again deal to purchase the social media network. The New York Stock Exchange posted a pending order to suspend trading in Twitter before Friday's session.

SEE WHAT MUSK TWEETED ABOUT THE DEAL AND HIS SINK PIC



What will post-midterm Congress look like?

The U.S. midterm elections are only 11 days away, but their outcomes could go a long way toward establishing the political landscape for the next two years. The midterms will determine whether Republicans or Democrats control each house of Congress, and the results will have a profound impact on the next two years of President Joe Biden's White House tenure. Here's what could happen next for his administration.

SEE ALL THE SCENARIOS AND HOW THEY WILL IMPACT BIDEN


Leaf-peepers provide boost to rural tourism

With cooling temperatures bringing colorful leaves across the U.S., "leaf-peepers" are also altering local tourism as those eager to see the trees head for the hills. Changing seasons is a boon to local economies as the autumn scenery bring travelers into America's lush landscapes. In small communities that rely on tourism and activities like pumpkin-picking and corn mazes, optimal fall conditions mean financial security. 

SEE HOW MUCH REVENUE NEW ENGLAND BANKS IN THE FALL


Pumpkin spice

What U.S. city is known as the Pumpkin Capital of the World, and why?

Thursday's answer: Bangkok, Thailand is the world's most visited city (22 million in 2021). The U.S. is the most visited nation (79.3 million).

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