CPI data outpaced expectations, boosting odds of a Federal Reserve rate hike to 46%.
Pope Leo XIV underwent surgery Tuesday that confirmed he has lung cancer, with doctors removing the lower lobe of his right lung.
Russian strikes hit Kyiv, killing at least three and injuring 21 as nearly 600,000 people lost electricity across Ukraine's capital.
World
EU leaders gather in Brussels for a two-day summit discussing competitiveness, energy prices, Ukraine support, Russian hybrid attacks, and Middle East developments.
Russia launched a massive attack that left 600,000 people without power in Ukraine as President Zelenskyy warned outages could spread further.
Saudi Arabia struck oil facilities and fuel depots in Yemen, with Houthis retaliating by attacking Saudi Aramco's headquarters in Dhahran.
Business
Netflix is laying off around 1,000 employees, representing about 6% of its workforce, marking its largest restructuring to date.
Dell stock plunges 11%, leading data center sell-off as fears mount about enterprise AI timing.
OpenAI sued by 8 states over ChatGPT safety concerns.
Technology
Netflix is cutting 6% of its workforce, with product, tech, legal and human resources teams most affected.
Chip stocks fell after hot CPI data on October 14, with the Philadelphia Semiconductor Index dropping 4.3% and CoreWeave's credit default swap spreads widening to 643 basis points.
Federal prosecutors charged an OpenAI engineer with allegedly installing a covert recording device inside an executive conference room.
Science
Cornell scientists identified the first genetically confirmed cases of Marfan syndrome in domestic cats after studying two unusually long-legged felines.
Samples collected from the Moon's farside may have solved why its two sides differ so dramatically, suggesting uneven heating from Earth's gravitational pull played a key role.
Scientists discovered a protein that helps aging cells hide from the immune system, allowing them to accumulate and fuel age-related health problems.
Economy
Consumer inflation rose to 3.7% for the 12 months ending September, up from 3.4% in August, according to data released October 14, with gasoline jumping 9.1% and accounting for over half the monthly increase.
Core inflation, which excludes food and energy, rose to 2.6% annually from 2.4%, exceeding economist forecasts of 2.5%, signaling broadening price pressures beyond energy alone.
Markets are now pricing in back-to-back Federal Reserve rate hikes for October and December 2026 as inflation stays high, with the Fed's next decision coming October 28.
This was the shared edition.
Subscribers get theirs every morning at 7am, built around their own topics: their teams, a few stocks, their town, even subjects only they follow.