⚡ Today in History

On November 2, 1920, Pittsburgh’s KDKA aired the first commercial radio broadcast in the United States, reporting Warren Harding’s presidential win. In 1947, Howard Hughes piloted the Spruce Goose — then the world’s largest airplane — for its only flight over Long Beach Harbor in California. Tomorrow, Americans head to the polls for midterms as Iran offers to reopen the Strait of Hormuz within 48 hours.

Top News

Iran offers 48-hour plan to reopen the Strait of Hormuz 20% OF GLOBAL OIL

After three days of talks in Doha, Qatar, Iranian negotiators proposed reopening the Strait of Hormuz within 48 hours if Washington meets six conditions. About 20% of the world’s daily oil supply passes through the strait. President Donald Trump told an Iowa rally Sunday the eight-month war would end “very soon.”

Midterms tomorrow — Democrats hold 8.4-point lead on generic ballot D+8.4

The final RealClearPolitics average before Tuesday’s vote shows Democrats ahead 51.5% to 43.1%, near their widest margin of the cycle. All 435 House seats and 35 Senate seats are on the ballot. Forecasters give Democrats about 87% odds of flipping the House and roughly 60% odds of taking the Senate.

Trump and Netanyahu at odds over next Iran move

President Trump had a “candid” phone call Saturday with Israeli Prime Minister Benjamin Netanyahu, Axios reported. Netanyahu pushed for strikes on Iran right after the midterm elections. Trump said he wants to let negotiations play out, per one Israeli and one US official.

Apple reports Q4 earnings today after market close

Apple will release fiscal fourth-quarter results Monday at 4:30 p.m. Eastern — the last major tech report of the earnings season. The company beat estimates last quarter with $2.02 per share against a $1.89 consensus.

Oleshky ceasefire ends — 167 civilians evacuated during pause

The six-day ceasefire in Russian-occupied Oleshky, a city in Ukraine’s Kherson region, expired Sunday night as planned. Ukrainian forces evacuated 167 civilians during the pause. First Lady Melania Trump helped broker the deal for about 1,700 residents trapped under occupation since 2022.

World

Zelenskyy offers to meet Putin in Turkey with Erdogan as mediator

Ukrainian President Volodymyr Zelenskyy said Sunday he is ready to meet Russian President Vladimir Putin in Turkey, with Turkish President Recep Tayyip Erdogan mediating. The offer followed Zelenskyy’s third meeting with Erdogan in four months. Putin’s aide Yuri Ushakov said Sunday that Moscow would accept a call from the Ukrainian leader.

Ukraine drones hit three Russian refineries in 72 hours 10% OF CAPACITY

Ukrainian drones struck three major oil refineries over 72 hours ending November 1, hitting targets in Samara, Ufa, and Kstovo. Together, the sites handle about 10% of Russia’s total refining capacity.

Russia lost record 54,400 troops in October, Zelenskyy says

President Zelenskyy reported Sunday that Russia lost 54,400 soldiers killed or wounded in October — the highest monthly toll since the war began in February 2022. Ukraine also recaptured 96.2 square kilometers, 10.4 more than Russia seized in the same period.

Cyclone Murasu heading for India’s coast — second storm in a week

Cyclone Murasu strengthened over the Bay of Bengal Sunday, prompting alerts for India’s Andhra Pradesh and Tamil Nadu coasts. The storm is set to make landfall late Monday or early Tuesday. Cyclone Arnab hit the same region just six days ago, killing at least 15 and causing $550 million in damage.

Thousands rally in Tel Aviv for Jewish-Arab coalition to remove Netanyahu

Thousands of Israelis rallied at Tel Aviv’s Habima Square on Saturday, calling on opposition leader Gadi Eisenkot to form a government with Arab-majority parties. Arab parties won a record 19 Knesset seats in last week’s election. Right-wing counter-protesters gathered outside Eisenkot’s home.

Politics

Forecasters give Democrats 87% odds of flipping the House 87% ODDS

Decision Desk HQ projects Democrats will win about 241 House seats Tuesday, well above the 218 needed for a majority. Senate control is tighter, with Democrats favored at roughly 60% odds to flip the four seats they need.

Ohio and Texas Senate among the tightest midterm races

A Marist poll shows Democrat Sherrod Brown leading Republican Jon Husted by 4 points in Ohio’s special Senate race. In Texas, Republican Ken Paxton and Democrat James Talarico are tied at 49% in a Fox News poll.

Trump tells Iowa crowd the Iran war is ending “very soon”

At his final midterm rally Sunday in Iowa, President Trump said the eight-month war with Iran would end “very soon.” Trump called rising oil prices “a very small price” to stop Iran’s nuclear program.

Havana Syndrome: six suspected cases at Walter Reed

At least six suspected Havana Syndrome cases surfaced last week at Walter Reed in Bethesda, Maryland. The patients — some senior defense officials — are being treated for brain injuries. The cases follow reports of suspected incidents in the Washington, D.C., area.

Hackers send false nuclear alert to Kyiv through air raid app

Residents of Kyiv received fake nuclear and chemical threat alerts Sunday through Ukraine’s “Air Raid Alert” mobile app. Ukrainian officials called it a suspected cyberattack and urged residents to rely on official channels.

Markets

S&P 500 drops 1.82% as tech rout deepens −1.82%

The S&P 500 fell 1.82% Friday to 7,580, its worst session since June. Chip stocks dropped 6.98%, the Nasdaq lost 2.86%, and the Dow slid 1.09% to 51,770. Intel’s weak guidance and earnings misses from Alphabet and Amazon drove the selloff.

OPEC+ holds December output for a third straight month

OPEC+ kept December oil targets unchanged Sunday, the third straight monthly hold. Saudi Arabia, Russia, Iraq, and four other members held September’s quotas. Actual output stays below those targets as the US-Iran war disrupts supply.

WTI crude rises 2.1% to $104; Brent settles at $113

WTI crude gained 2.1% Friday to $104.12, while Brent’s January contract settled at $113.43 as traders weighed Iran’s Hormuz offer. Oil remains up more than 75% from a year ago, when Brent traded near $64.

Gold drops $146 in one day to $3,874 per ounce

Gold fell $146 on Friday to $3,874 per ounce. Strong US economic data pushed rate-hike odds higher, and the metal has now fallen about 30% from its January 28 all-time high of $5,589.

Bitcoin enters November at $78,050, down 38% from peak

Bitcoin entered November near $78,050 after dropping 7.3% in October, its second straight losing October. The largest cryptocurrency sits 38% below its October 2025 all-time high near $126,000.

Entertainment

Antonelli crowned youngest F1 champion ever at age 20 20 YEARS OLD

Mercedes driver Kimi Antonelli became the youngest Formula 1 world champion in history Sunday at the Mexico City Grand Prix. The 20-year-old Italian finished third to clinch the title with four races left. Antonelli broke Sebastian Vettel’s record of winning at 23 in 2010.

Lions hand Vikings their first loss of the season, 19-15

The Detroit Lions ended the Minnesota Vikings’ unbeaten run Sunday with a 19-15 win at Ford Field. Running back Jahmyr Gibbs powered a second-half comeback as the previously 6-0 Vikings dropped to 6-1.

Bucs blank Falcons 16-0 without completing a single pass

The Tampa Bay Buccaneers shut out the Atlanta Falcons 16-0 at Raymond James Stadium on Sunday. Quarterback Baker Mayfield completed zero passes as Tampa Bay rushed for 324 yards.

Martha Stewart draws backlash over homeless Halloween costume

Martha Stewart issued a statement Sunday after posting and deleting a photo of herself dressed as a homeless person for Halloween. Stewart said she was “distressed” by the backlash and that the costume was meant to raise awareness.

Box office: “You Can See Everything” edges “Clayface” in tight weekend

A24’s Elizabeth Holmes documentary “You Can See Everything” won the weekend box office for the first time with $10.6 million. Warner Bros.’ “Clayface” finished a close second at $10.4 million, with Laika’s “Wildwood” third at $7.5 million.