Dawn Of A Conservative Court | Elon Musk's $2.9 Billion Payday | Brewing Coffee Competition

Plus: Trump Megadonor Sheldon Adelson Has Given At Least $180 Million This Year, Despite Troubles At His Company

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Amy Coney Barrett’s confirmation to the Supreme Court cements a 6-3 conservative majority and will go down in history as the closest to an Election Day, as well as the first to not receive a single vote from the minority party.

Following her second oath today, she will take her seat the bench on November 2, the schedule packed with cases covering issues from voting rights and healthcare to immigration and LGBTQ discrimination.

In other news today, Ant Group prepares for a record IPO, Elon Musk unlocks a $2.9 billion payday, the confirmed presence of water on the Moon raises new questions.

And in case you missed it, staff writer Ruth Umoh looked at how the pandemic affected one of entrepreneurship’s fastest growing demographic: Black female business owners.


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What Else To Know Now

Texas voters who have Covid-19 will need a doctor’s note to apply for a last-minute absentee ballot.

America’s ten richest people have shed billions of dollars from their fortunes as stock market indices plunged on Monday.

Top Take-Aways

Ant Group, the financial technology arm of Chinese e-commerce giant Alibaba, plans to raise $34.5 billion when it lists its shares on the Hong Kong and Shanghai stock exchanges. The world-record beating IPO will lift the fortune of founder Jack Ma by $27 billion and create at least 18 other billionaires.

With the IRS announcing annual inflation adjustments—as well as an extended a deadline for those eligible to claim a $500 child stimulus payment—here’s what you need to know about their impact on future tax returns and 401(k) retirement plans.

The New York real estate market is in turmoil—to better understand one slice of the landscape, these 13 charts offer a granular picture of the current market for residential sales. Meanwhile, home buyers looking to escape the city are driving demand for property in vacation markets.

Thanks to strong Tesla results, CEO Elon Musk is now eligible to receive the fourth tranche of his massive $55 billion compensation package. 

Competition is brewing in the coffee shop space. Inspire Brands’ reported $8.8 billion bid for Dunkin’ would place the Roark Capital-backed restaurant company in the crosshairs of coffee giant JAB, owner of Au Bon Pain, Pret a Manger and Panera.

As NASA confirms the presence of water on the Moon, the lingering mystery is how water is created and how it persists on the harsh, airless lunar surface. 

Psyche, a massive metal asteroid thought to be the leftover core of a planet that failed during its formation, could be worth more than the entire global economy.

As many as 70% of Americans reported dealing with imposter syndrome—a persistent feeling of self-doubt. Don’t try to fight it—the key is to embrace it and turn it into positive energy. 

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