Saturday, November 2, 2024

Good Morning! On this day in 1947, the Spruce Goose, officially known as the Hughes H-4 Hercules, made its first and only flight. Built by Howard Hughes and his team during World War II, this massive airplane was constructed primarily from laminated birch and spruce—hence the nickname the Spruce Goose.

With Halloween behind us and stores stocking more Christmas merchandise, we want to know: “Is it too early to put up Christmas lights?” Share your opinion by taking the poll below.

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Economy Adds Only 12,000 Jobs

The U.S. added only 12,000 jobs in October, far below expectations, marking the slowest month for hiring since December 2020.

Economists had projected at least 100,000 jobs in the final report before Election Day, while September payroll gains were also revised down to 223,000 from 254,000.

Last month’s hurricanes and labor strikes contributed to the weak jobs report, with one expert noting it also reflects a labor market cooldown, “where growth is increasingly narrowly concentrated.”

Overall, the unemployment rate remained steady at 4.1%, the lowest level heading into a presidential election since 2000.

White House Alters Official Transcript

White House officials allegedly altered the official transcript of President Biden's "garbage" remark despite concerns by official White House stenographers, according to a report by the Associated Press.

According to a transcript prepared by the stenographers, Biden appeared to call former President Trump supporters "garbage" Tuesday when he told Voto Latino, "The only garbage I see floating out there is his supporters.”

The White House press office transcript rendered the quote as "supporter’s" instead of "supporters," which aides claimed was criticizing comedian Tony Hinchcliffe specifically, not Trump supporters.

An email and two officials confirmed that the press office made the changes after conferring with Biden in a breach of protocol and transcript integrity.

Daylight Saving Time Ends Sunday

This Sunday at 2 a.m., clocks will roll back one hour, ending daylight saving time for 2024, a 238-day period intended to extend daylight hours through spring, summer, and part of autumn.

The idea of switching the clocks is often attributed, perhaps humorously, to Ben Franklin, who suggested the French adjust their sleep schedules to save on candles and lamp oil.

Daylight saving time was established as federal law in 1966, but its end was moved in the early 2000s from the last Sunday in October to the first Sunday in November to allow more daylight for Halloween trick-or-treating.

Florida Sen. Marco Rubio, known for his dislike for daylight saving time, announced another effort to end the practice, stating, "It's time to lock the clock."

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➤ Political analyst Jonah Goldberg retracted his comments regarding former President Trump’s criticism of former Rep. Liz Cheney’s foreign policy, admitting he was wrong and misinterpreted Trump’s remarks. (More)

➤ New York City Mayor Eric Adams is set to stand trial on federal corruption charges starting April 21, 2025, a date that upset the defense due to concerns about his reelection campaign. (More)

➤ The IRS announced new 401(k) contribution limits for 2025, increasing the employee deferral limit to $23,500 from $23,000 as part of its annual cost-of-living adjustments for retirement accounts. (More)

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^{01 Based on data from clinical studies and/or lab studies conducted on human skin samples, models, and cells in the OneSkin lab. Explore more at}^{oneskin.co/claims}^.

⁰²^{Zonari, A., et al. Journal of Cosmetic Dermatology, 2024}

⁰³^{Zonari, A., et al. npj Aging, 2023}

➤ Week 10 of college football features at least 20 teams vying for a spot in the 12-team College Football Playoff, highlighted by Top 25 matchups between No. 3 Penn State and No. 4 Ohio State, and No. 20 SMU against No. 18 Pittsburgh. (See Schedule)

➤ The Indiana Fever hired Stephanie White as head coach on Friday, placing her in charge of a team led by WNBA Rookie of the Year Caitlin Clark. (More)

➤ Washington Capitals Alex Ovechkin is on pace to surpass Wayne Gretzky’s goal record, scoring his 858th career goal against the Canadiens Thursday and needing just 37 more to break the record. (More)

➤ Yesterday’s Results: NCAAF | NBA | NHL | LPGA | MLS

Today's election section is brought to you by:

Election Countdown: 3 Days

A U.S. District Judge has remanded a lawsuit challenging Elon Musk's $1 million daily giveaways to registered voters, allowing the suit to move forward at the state level. (More)

Election officials in Cobb County, Georgia, are late in mailing over 3,000 absentee ballots just days before the election, blaming the delay on faulty equipment and a surge in requests. (More)

Also in early voting, nearly 65 million mail-in and early in-person votes have been cast nationwide, with 44% from registered Democrats, 30% from registered Republicans, and 26% classified as other. (See Full Data)

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Daily Market Report 11/01/2024

▲	NASDAQ Natl. Assoc. of Securities Dealers Automated Quotations	18,239.92	0.80%
▲	SPX S&P 500	5,728.88	0.41%
▲	DJI Dow Jones Industrial Average	42,051.80	0.69%
▼	BTC Bitcoin	$69,233.02	-1.40%
▲	GOLD Per Ounce	$2,743.90	0.20%

* Gold and Bitcoin are traded 24 hours

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➤ North Korea's foreign minister visited Moscow, pledging support for Russia until victory in the Ukraine war, amid reports of thousands of North Korean troops deployed near the Ukrainian border. (More)

➤ The death toll from historic flash floods in Spain rose to at least 205 on Friday, with 202 victims in Valencia, prompting anger and solidarity as many are still believed to be missing. (More)

➤ Canadian authorities announced on Thursday the seizure of the nation’s largest fentanyl and methamphetamine superlab, along with drugs, weapons, and cash linked to organized crime. (More)

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➤ New “I Voted” stickers, many designed by children, have emerged in several states, including Michigan's design of a werewolf shredding its shirt in front of an American flag. (See Stickers)

➤ A Halloween parade hoax in Dublin, Ireland, attracted thousands of people who were deceived by an AI-generated website promoting the non-existent event. (More)

➤ Speaking of Halloween, an Oregon man set a new world record in October, paddling a hollowed-out 1,214-pound pumpkin 45.67 during the West Coast Giant Pumpkin Regatta. (See Pumpkin)

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