Top 5 US news stories

November 10 2025

Top 5 US news stories
A customer views beef displayed for sale at a store in Burbank, California.Photographer: Patrick T. Fallon/Bloomberg

Bipartisan Senate Vote Paves Way to Reopen Government; Top House Democrats Oppose Deal

Senate Compromise Secures Votes to End Shutdown; Democrats Split Over Dropped Health Subsidy Demands

Economic Divide: Investor Optimism Booms While Non-Stock Owner Sentiment Hits Record Low

Trump Orders DOJ Probe Into Meatpackers Over Soaring Beef Prices, Alleges 'Illegal Monopolies'

Trump Proposes Using Tariff Revenue for $2,000 Payouts to Most Americans



…US GOVERNMENT SHUTDOWN ENTERS 41st DAY…


Bipartisan Senate Vote Paves Way to Reopen Government; Top House Democrats Oppose Deal

The Senate took the first step toward ending the longest shutdown in U.S. history late Sunday, as a group of Democrats broke their party’s blockade and voted with Republicans to advance legislation to reopen the government and fund most federal agencies through January. Ending the shutdown and reopening the government will still take some time. The 60-to-40 Senate vote paved the way for a short-term spending agreement to begin making its way through Congress. It will not become law until it is debated and passed by the Senate, approved in the House and signed by President Trump. Members of the House were told late Sunday that they should expect votes on a funding measure as soon as this week. Several top Democrats in the House, including Representative Hakeem Jeffries of New York, the minority leader, have already said they would not back the deal. But because Republicans have a slim majority in the House, Democrats in the chamber would have no chance of defeating it if Republicans held together in support.

NYT


Senate Compromise Secures Votes to End Shutdown; Democrats Split Over Dropped Health Subsidy Demands

Eight senators in the Democratic caucus voted to advance the measure on Sunday. That suggested there were enough votes to end the gridlock that has shuttered the government for weeks, leaving hundreds of thousands of federal workers furloughed, millions of Americans at risk of losing food assistance and millions more facing air travel disruptions. The compromise measure includes a spending package that would fund the government through January, as well as three separate spending bills to cover programs related to agriculture, military construction and legislative agencies for most of 2026. The package also includes a provision that would reverse layoffs of federal workers made during the shutdown and ensure retroactive pay. The deal won over key Democrats. Other Democrats were livid that their colleagues had backed down from the party’s central demand in the shutdown fight: the extension of health insurance subsidies that are slated to expire at the end of the year. Democrats had spent weeks demanding that Republicans agree to permanently extend the subsidies in exchange for their votes to fund the government. Senator Chuck Schumer of New York, the Democratic leader scaled back that demand on Friday by proposing an extension of the health tax credits for a year, but Republicans immediately rejected that. Senator John Thune, Republican of South Dakota and the majority leader, agreed to allow a vote in December on extending the expiring health insurance tax credits for a year. But many Democrats waved off such a pledge, since such a bill has appeared all but certain to die in the Republican-led Congress.

NYT


Economic Divide: Investor Optimism Booms While Non-Stock Owner Sentiment Hits Record Low

Many Americans who own stocks are feeling good about their finances, with a market that’s continually shrugged off economic concerns and pushed major indexes to record highs. They have seen stocks dive through the dot-com bust, financial crisis and onset of the pandemic—only to recover and keep going up. Even after a big selloff following President Trump’s tariff announcements in April, and a smaller dip last week, the S&P 500 is up more than 14% so far this year. Gains in 30 top artificial intelligence-related stocks alone have added $5 trillion to household wealth across the country in the past year, according to an October JPMorgan Chase report. Investors’ rosy feelings about having a lot more money—at least on paper—are powering spending on restaurant meals, business-class airline tickets, home improvement and more, keeping the broader economy humming. It’s a very different story for everyone else. Americans with large investment portfolios feel markedly better about the economy than those who don’t own stocks, according to the University of Michigan sentiment index. Sentiment among people who don’t own stocks is at the lowest level on a three-month moving average since the university began tracking it in 1998.

WSJ


Trump Orders DOJ Probe Into Meatpackers Over Soaring Beef Prices, Alleges 'Illegal Monopolies'

President Donald Trump ordered a federal investigation into the meatpacking industry, blaming “majority foreign owned” companies for soaring beef prices. Trump asked the Justice Department to “immediately begin” the investigation into meat processors, accusing them of collusion, price fixing and manipulation, according to a social media post. Shares of Brazil’s JBS NV, the world’s largest meat company, fell by as much as 6.2% in after-hours trading. “I am asking the DOJ to act expeditiously,” Trump posted Friday on social media. “Action must be taken immediately to protect Consumers, combat Illegal Monopolies, and ensure these Corporations are not criminally profiting at the expense of the American People.” Wholesale beef prices, which have been surging in recent years, jumped 16% in 2025, according to the US Department of Agriculture. The increase came after the US cattle herd dwindled to the lowest level in seven decades, in part due to droughts. Beef packers as a result are operating at losses, which are expected to continue into 2026

Bloomberg


Trump Proposes Using Tariff Revenue for $2,000 Payouts to Most Americans

President Trump suggested tariff revenue could be used to fund payments of at least $2,000 to most Americans. Days after the Supreme Court appeared skeptical of the legal backing for many of his tariffs, the president on social media Sunday lauded the revenue they have brought in and said the government would soon begin paying down the country’s debt. He also said a payment of at least $2,000 would be made to everyone but high-income earners. “People that are against tariffs are fools! We are now the richest, most respected country in the world, with almost no inflation, and a record stock market price,” Trump wrote in a post on Truth Social. “A dividend of at least $2000 a person (not including high income people!) will be paid to everyone.” Trump didn’t offer further details about the payouts or who would qualify for them.

WSJ


November 10 1903: Mary Anderson patents windshield wiper

The patent office awards U.S. Patent No. 743,801 to a Birmingham, Alabama woman named Mary Anderson for her “window cleaning device for electric cars and other vehicles to remove snow, ice or sleet from the window.” When she received her patent, Anderson tried to sell it to a Canadian manufacturing firm, but the company refused: The device had no practical value, it said, and so was not worth any money. Though mechanical windshield wipers were standard equipment in passenger cars by around 1913, Anderson never profited from the invention.


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Sources

  1. https://www.nytimes.com/live/2025/11/10/us/trump-government-shutdown-news/heres-the-latest?smid=url-share
  2. https://www.nytimes.com/live/2025/11/10/us/trump-government-shutdown-news/heres-the-latest?smid=url-share
  3. https://www.wsj.com/economy/consumers/economy-sentiment-stock-market-investors-2eb1e772?mod=hp_lead_pos7
  4. https://www.bloomberg.com/news/articles/2025-11-07/trump-asks-justice-department-to-probe-meatpackers-over-prices
  5. https://www.wsj.com/politics/policy/trump-suggests-2-000-payouts-to-americans-as-he-defends-tariffs-c4af7ec1?mod=hp_lead_pos5

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