Newsletter Oct 30, 2023

Quick Six

US warns Israel against civilian casualties in Gaza incursion
The White House warned Israel that it must protect innocent Gaza residents by distinguishing between Hamas militants and civilians in the Palestinian territory. In a Sunday call between US President Joe Biden and Israeli Prime Minister Benjamin Netanyahu, Israel's military was urged to avoid civilian casualties in Gaza, where Hamas health officials say more than 8,000 people have already died in three weeks of air strikes that Israel has conducted in retaliation for Hamas's unprecedented deadly attacks on Oct. 7.
WARNINGS COME AHEAD OF GAZA GROUND INCURSION

UAW reaches tentative deal to end auto strike with Stellantis
Stellantis and the striking United Auto Workers union reached a preliminary deal over the weekend similar to the one struck earlier this week with Ford, the union said, allowing members to go back to work at grounded factories. The tentative deal, reached after 44 days of strike action that simultaneously targeted Detroit's "Big Three" automakers, includes a 25% raise in base wages by 2028.
THE DETAILS OF THE DEAL STRUCK BY UAW, STELLANTIS

Federal Reserve likely to take another pause on interest rates
The Federal Reserve will likely announce Wednesday it is holding interest rates at a 22-year high as it looks to tame inflation without damaging the resilient US economy. Analysts and traders parsing recent Fed speeches expect the central bank to hold rates steady for the second straight meeting to return inflation to its 2% target.
IS THE FED FINALLY FINISHING UP ITS WAR ON INFLATION?

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Markets

DJIA	32,417.59	-1.12%
S&P 500	4,117.37	-0.48%
Nasdaq Composite	12,643.01	0.38%
Japan: Nikkei 225	30,991.69	1.27%
UK: FTSE 100	7,291.28	-0.86%
Crude Oil Futures	84.61	-1.09%
Gold Futures	2,013.90	0.77%
Yen	149.77	0.07%
Euro	1.06	-0.06%
* As of market close

Trump ups ante, Pence folds from GOP race

The Republican Party's previous two presidential tickets made news over the weekend for contrasting reasons. Donald Trump used a speech to a Republican Jewish convention to promise reimposition of a controversial travel ban that targeted a slew of mostly Muslim countries if he gets re-elected. Meanwhile, former US vice president Mike Pence dropped out of the 2024 presidential race, saying it was not "his time" -- and underlining Trump's total dominance of the Republican Party.

SEE TRUMP'S STRONG WORDS TO GOP JEWISH CONVENTION

Police put together puzzle of Maine shooter

Police in Maine said the man who gunned down 18 people at a bar and a bowling alley and later committed suicide, suffered serious mental health issues, but was able to buy weapons legally because he had never been forcibly committed to treatment. The body of Robert Card, a 40-year-old army reservist, was discovered after he apparently shot himself. Investigators are still trying to determine Card's motive for carrying out Wednesday's massacre in the town of Lewiston.

SEE THE CLUES CARD LEFT BEHIND FOR POLICE IN A NOTE

'Friends' fans mourn Matthew Perry's death

Matthew Perry, one of the stars of smash hit TV sitcom "Friends," was found dead at his home Saturday. He was 54. First responders found Perry unconscious in a hot tub at his Los Angeles home and were unable to revive him. Perry, best known for his portrayal of the wise-cracking Chandler Bing on NBC's wildly popular "Friends," which ran for 10 seasons from 1994 to 2004, battled for years with drug addiction.

SEE THE TRIBUTES TO PERRY AT THE NEW YORK 'FRIENDS' SET

Extra point

Matthew Perry's character Chandler Bing speaks the final one-word line of the entire "Friends" series. What is the word?

Friday's answer: The Beatles' previous band name was The Quarrymen.

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