Morning Edition · Tuesday, November 10, 2026
Markets
Brent Falls Below $92 After Trump Says New Iran Strikes Are Unlikely, While Houthis Hit Saudi Pipeline Again
The benchmark settled 5.85% lower on Monday, even as Saudi forces intercepted missiles fired at Riyadh and Tehran ruled out shipping its enriched uranium abroad.
Macro
China's Trade Surplus Tops $1 Trillion by October as Exports Rise 35.2%
Exports of artificial intelligence hardware drove the gain, and China's surplus with the European Union widened to $310.7 billion, increasing the likelihood of new trade barriers in Europe.
Macro
New York Fed Survey Shows the Highest Unemployment Fears Since April 2020 Before Today's Inflation Report
Households expect inflation of 3.9% a year from now, and PepsiCo announced about 1,000 job cuts, leaving the Federal Reserve to weigh weakening job prospects against persistent price pressure ahead of a possible December rate increase.
World
Trump Names Stephen Miller Chief of Staff as Republican Massie Forces Impeachment Vote on Hegseth
Democrats hold 254 House seats to the Republicans' 162 with 19 races uncalled and lead the Senate 54 to 44, so the Iran war and Trump's spending agenda now depend on a hostile Congress.
Geopolitics
Russia, Ukraine and the United States Resume Talks in Abu Dhabi With No Ceasefire on the Agenda
Secretary of State Marco Rubio said security guarantees for Ukraine must also be acceptable to Moscow, and Washington and Beijing still disagree on the format of a possible Trump-Putin-Xi meeting in Shenzhen next week.
Tech
Nvidia Loses About $190 Billion in Value as Shareholders Sue Over Chief Executive's Alleged Ties to a Suspected Chinese Spy
Trump said the Federal Bureau of Investigation is looking into the matter, and a short seller says Megaspeed, the firm linked to the woman involved, is not the only channel giving China access to US chips.
Crypto
Bitcoin Falls Below $75,000 as Stocks Rally, and Gold Eases to About $4,115 Before US Inflation Data
Bitcoin dropped about 1.2% on a day the S&P 500 rose 2.35%, while Amundi disclosed a larger stake in Strategy even as that company's shares fell about 18% from the end of the quarter.
Geopolitics
Two Tankers of Russian Diesel Turn Away From US Ports Despite Treasury License for Trump's Fuel Deal With Putin
Buyers fear legal exposure under a congressional ban on Russian energy imports, while the Netherlands says it cannot reliably trace Russian crude in the refined fuel it buys from India.
Macro
Argentina's Country-Risk Spread Rises Above 900 Points as Caputo Seeks More Dollars Before 2027 Elections
The government needs about $1.3 billion for the International Monetary Fund by December and about $4.4 billion for bondholders in January, and the Republican midterm defeat weakens the US support behind its program.
Tech
Anthropic Releases Two New Models as It Begins Marketing a Planned Listing Valued Near $1.5 Trillion
The AI developer is reported to be seeking $80 billion to $100 billion before Thanksgiving, after a sell-off in AI stocks last week cut valuation expectations from about $2 trillion.
Geopolitics
EU Funds a €50 Million Black Sea Security Hub as Bulgaria's Prime Minister Disputes Romania's Blame of Russia for Ship Attacks
Prime Minister Rumen Radev says Bucharest accused Moscow without evidence, Romania rejects his account, and Latvia keeps digging anti-tank trenches on its Russian border.
World
Paraguayan Prosecutors Find a Hidden Armored Vault in a House Ex-President Peña Built With Ueno Bank Loans
Prosecutors have charged Peña over the collapsed bank, about three million depositors had balances frozen, and Asunción has asked the United States, Luxembourg and Argentina to help trace missing funds.