Red hot U.S. inflation reading dials up interest rate worries on markets

Global News - Nov 10, 2026

U.S. stocks were under pressure Tuesday after a report showed inflation was worse across the country last month than economists expected.

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Anthropic seeks valuation of up to $1.4 trillion for IPO

Nov 10, 2026

Anthropic seeks valuation of up to $1.4 trillion for IPO

Anthropic is seeking a valuation of up to $1.4 trillion for its blockbuster initial public offering (IPO) expected later this month. In a new filing with the Securities and Exchange Commission (SEC), Anthropic said it is planning to sell 825 million shares between $70 and $78 a share. If the company lists shares at the...

Jeffries pushes tighter China chip restrictions amid Nvidia CEO scandal

Nov 10, 2026

Jeffries pushes tighter China chip restrictions amid Nvidia CEO scandal

House Minority Leader Hakeem Jeffries (D-N.Y.) backed an effort Monday to pass new restrictions on China's access to advanced AI chips through an annual defense bill amid a scandal over Nvidia CEO Jensen Huang's relationship with an alleged Chinese spy. Jeffries, who could become Speaker in the next Congress, said he "strongly supports" chip restrictions...

Hegseth says ‘policy disagreements’ led to bipartisan impeachment push

Nov 10, 2026

Hegseth says ‘policy disagreements’ led to bipartisan impeachment push

Defense Secretary Pete Hegseth dug in for a fight Tuesday against his potential impeachment in Congress, telling reporters that he's being targeted over “policy disagreements.”

Anthropic aims for $1.3 trillion valuation when it becomes a public company

Nov 10, 2026

Anthropic aims for $1.3 trillion valuation when it becomes a public company

Artificial intelligence giant Anthropic is looking for an approximately $1.3 trillion valuation in an initial public offering despite new questions about money in the sector.

Shasta County measure that sought to eliminate most mail-in voting violates state law, judge rules

Nov 10, 2026

Shasta County measure that sought to eliminate most mail-in voting violates state law, judge rules

A Northern California judge on Monday permanently barred Shasta County from implementing a voter-approved initiative that sought to dramatically reshape voting in the conservative stronghold.

San Diego school officials push back after Haitian boy, 8, is taken during ICE check-in

Nov 10, 2026

San Diego school officials push back after Haitian boy, 8, is taken during ICE check-in

The boy is a third-grader in San Diego and was brought to the U.S. with his father who was deported to Mexico, according to federal and school district officials.

In a first, L.A.'s three citywide elected offices will all be held by Asian Americans

Nov 10, 2026

In a first, L.A.'s three citywide elected offices will all be held by Asian Americans

Mayor-elect Nithya Raman came to the U.S. from India as a child. City Atty.-elect Marissa Roy's mother emigrated from India. And City Controller Kenneth Mejia, who won reelection in June, has Filipino heritage.

Arellano: Raman's victory was a resounding rebuke to L.A.'s Latino political establishment

Nov 10, 2026

Arellano: Raman's victory was a resounding rebuke to L.A.'s Latino political establishment

Almost all the city's Latino power brokers — politicians, nonprofit leaders, union activists, celebrities — bet big on longtime ally Karen Bass, only to now find themselves on the outside looking in.

Voters approve Prop. 38 medical research bond measure

Nov 10, 2026

Voters approve Prop. 38 medical research bond measure

California voters have passed Proposition 38, authorizing the state to issue $8.4 billion in bonds to fund immunology and immunotherapy research aimed at curing and preventing certain chronic diseases.

Billionaire tax rejected on concern squeezing California's ultra-rich would harm the economy

Nov 10, 2026

Billionaire tax rejected on concern squeezing California's ultra-rich would harm the economy

Supporters of Proposition 40, a proposal to tax California billionaires to mostly fund healthcare, faced opposition from politicians, a teachers union and other powerful groups before residents cast their votes.

5 takeaways from Trump's surprise White House briefing

Nov 10, 2026

5 takeaways from Trump's surprise White House briefing

President Trump carried out a surprise press briefing at the White House on Monday, teasing reporters with an appearance by UFC head Dana White — to whom he offered the job as press secretary — and providing a combative response to the GOP’s stunning defeat in the midterm elections. The president took a wide range...

Canada extends tariff relief program beyond U.S. steel imports

Nov 9, 2026

Canada extends tariff relief program beyond U.S. steel imports

Goods used by public education entities, including those mandated by Indigenous organizations, will be also be eligible for relief.

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