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| Market | US stocks |
|---|---|
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| Close on 10/23/2026 | 759.97 |
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Related news
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With the Nov. 3 midterm elections less than a week away, the article says affordability, including housing, groceries and gas, is emerging as a key issue for voters, with 66% of U.S. adults very concerned about housing costs, according to Pew. The median existing-home price was $417,500 in September, up 1.3% from a year earlier and nearly 54% above September 2019, while in 2024 22.7 million renter households (49%) spent more than 30% of their income on rent and utilities. The bipartisan 21st Century ROAD to Housing Act became law without President Trump's signature, and an MIT analysis cited in the article expects only modest short-run effects. Tax changes under the One Big Beautiful Bill Act remain a recurring campaign topic, with the average tax refund at $3,276 as of May 8, up from $2,939 in 2025, yet fewer than 10% of Americans rank taxes as the single most important election issue.
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In Milledgeville, Georgia, voters in Baldwin County say the local economy has shifted, citing the loss of major employers including Central State Hospital, Reed Manufacturing and Mohawk. The county was one of only a few in Georgia to vote for Joe Biden in 2020 and Donald Trump in 2024. Voters point to rising property taxes, high diesel prices that have left some truckers idle, and affordability concerns as top issues. Political analyst Cory Ruth says these issues cut across party lines and warns that recent midterm polling has missed rural and working-class voters, so Georgia is not a sure bet for either party.
- Taxes and affordability top issues for voters , candidates
- U . S . Senate candidate Peltola calls the economy the only plot line that matters
Former U.S. Rep. Mary Peltola, a Democrat, has made the economy her top priority in her close race against Republican Sen. Dan Sullivan in Alaska, where spending has topped $100 million. She says rising prices for fuel, food, health insurance, utilities and rent are voters' main concern, and has said the Iran war should not progress in order to ease energy costs. Her proposals include eliminating income taxes for Americans earning less than $92,000 a year by raising taxes on the ultra-wealthy, increasing the Child Tax Credit and making Social Security solvent. Economists say Alaskans are feeling squeezed by record-high diesel and heating fuel prices, and Peltola cited a Selawik household with a $1,500 electric bill. Sullivan, who has backed the president's policies and argues he has cut taxes and expanded oil drilling, has an estimated net worth of $8.2 million, partly from holdings in RPM International.
- In the weave: A legislative agenda for Trump’s final years – Oneida Dispatch
In his midterm campaign, President Donald Trump has laid out a legislative agenda for his final two years, much of which would likely face opposition if Democrats win control of one or both chambers. He has urged Senate Majority Leader John Thune to bring the SAVE America Act on elections to the floor and promised that a Republican-run Congress would send $5,000 payments to U.S. adult citizens, with $1 trillion allocated quickly after the Nov. 3 elections. He also wants to make permanent the tax cuts in the 2025 “One Big Beautiful Bill Act,” along with a health care overhaul, a “No Invasion of Our Country Act,” and an end to cash bail. Some GOP lawmakers have bristled at the “Trump dividends,” while House Democratic Conference Chairman Pete Aguilar said the party’s “only real accomplishment” was a tax break for billionaires and cuts to health care and food assistance. GOP strategist Matt Mackowiak argued that any cash infusion into close races would have been more useful months earlier.
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U.S. Energy Secretary Chris Wright told CNBC that the U.S. may allow more Russian diesel onto the global market depending on Moscow’s behavior. He framed the Trump administration’s suspension of sanctions on Russian diesel exports as “an incentive” for Moscow to end the war in Ukraine. Under a Trump–Putin deal, Russia would export 800,000 metric tons of diesel in October and November, followed by another million tons; the first 300,000-ton shipment equals about 75,000 barrels per day over one month, and the 500,000-ton tranche about 124,000 bpd. Analysts say these volumes are small relative to global demand of around 28 million barrels per day, so they will not materially lower prices. Ukraine’s President Volodymyr Zelenskyy and several Republican senators have sharply criticized the deal.
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Intel, IBM, Oracle and IonQ have objected to having their U.S. stocks listed in tokenized form on the exchange proposed by cryptocurrency exchange OKX and ICE, the parent of the New York Stock Exchange. With these four additions, 26 companies have now filed objections, including Alphabet, Wells Fargo and Goldman Sachs. The proposal came weeks after the SEC approved temporary innovation exemptions for tokenized U.S. stocks, under which Tokenized Securities Venues (TSVs) can offer limited trading in tokenized NMS stocks. Many companies opting out have U.S. listings on Nasdaq and the NYSE, and Nasdaq advised issuers in September to be “cautious” about participating. OKXICE initially proposed 62 companies listing tokenized stocks, so about 41% have chosen not to participate as of Monday. Co-chair Andrew Cuomo, a former New York governor, said objecting was a “very natural response” and he expects more names to be added.
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Jamie Dimon, the head of America's biggest bank, named five threats to the economy: deficits, sticky inflation, elevated asset prices, rising rates and geopolitics. The article says JPMorgan is already acting on them.
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