⚡ TODAY IN HISTORY

On September 29, 1988, Space Shuttle Discovery lifted off from Kennedy Space Center in Florida, sending NASA astronauts back to space 975 days after the Challenger disaster. In 2008, the Dow fell 777.68 points, then the largest one-day point drop in its history. Today? SpaceX’s Starship reached orbit for the first time on Monday, on its 14th test flight.

TOP NEWS

US ban on Canadian liquor and dairy takes effect 12:01 A.M. ET

After 18 months of trade fights with Ottawa, a White House ban on select Canadian imports began just after midnight Tuesday. The list covers Canadian alcoholic drinks, dairy byproducts, molasses and some motorcycles, on top of steep tariffs already charged on many Canadian goods.

Iran peace talks stall as Hormuz stays shut DAY 214

President Donald Trump on Saturday rejected Iran’s offer to reopen the Strait of Hormuz, a key route for Gulf oil, within seven days. Iranian Foreign Minister Abbas Araghchi left New York for Tehran on Tuesday after talks through Qatari mediators, saying Iran still awaits a formal U.S. reply in a war that began Feb. 28.

UK frees five air base plot suspects on bail

A farmer’s tip about three white vans led police to arrest five London men in their early 20s on Sunday near RAF Fairford, an English air base that U.S. bombers use for missions against Iran. Police released the men on bail Monday, and U.S. Secretary of State Marco Rubio said a foreign actor was involved, without offering evidence; Iran denies any role.

Hurricane Polo crosses Mexico’s Baja peninsula 110 MPH

After rain and landslides tied to the storm left at least two people dead in the western state of Jalisco, Hurricane Polo came ashore near Las Barrancas in Baja California Sur late Monday as a Category 2 storm. Forecasters expected a second landfall in the state of Sonora on Tuesday morning, with up to 12 inches of rain in some areas.

SpaceX’s Starship reaches orbit for the first time

On its 14th test flight, Starship lifted off Monday from Starbase, Texas, and reached orbit about 25 minutes later, releasing 26 Starlink internet satellites. SpaceX cut the mission short after one engine shut down early, and the ship splashed down in the North Pacific after about three hours.

WORLD

Russian drone hits Ukraine’s science academy in Kyiv 26 INJURED

A Russian drone struck the National Academy of Sciences building in central Kyiv on Monday afternoon, part of a daylong barrage that killed two people and hurt 26 across Ukraine’s capital. Russia fired ballistic missiles at Kyiv again early Tuesday, and European Commission President Ursula von der Leyen said Ukraine’s scientists had themselves become a target.

Myanmar airstrike kills 49 at Rakhine market

Fighting rebel groups since its February 2021 coup, Myanmar’s military dropped two bombs near the main market in Kyauktaw, a town in western Rakhine state held by the Arakan Army, around noon Monday. The strike left at least 49 people dead and 58 wounded, according to the group and a rescue official, and the military has not commented.

South Africa weekend shootings leave 28 dead

Gunmen with AK-47 rifles stormed a bar in Wedela, a township southwest of Johannesburg, on Saturday night, and hours later a second attack hit Lwandle, a township near Cape Town. The combined toll reached 28 on Monday when another victim died in the hospital, and police have made no arrests.

Saudi oil pipeline restarts after repairs

With the Strait of Hormuz still closed, Saudi Arabia increased flows Monday on its East-West pipeline, which carries crude across the kingdom to Red Sea ports. The restart eased some supply worries, but Brent crude still gained for a second straight day.

Iran’s rial passes 2.5 million to the dollar

As peace talks stalled, the U.S. dollar rose above 2.5 million rials on Iran’s open market Tuesday, according to Iran International, a London-based Persian news outlet. The same morning, a Revolutionary Guard spokesman said the force is writing a letter to the American public urging U.S. troops to leave the region.

POLITICS

White House cancels spending days before budget deadline $810M

Using a “pocket rescission,” a request sent so late that the money expires before Congress can act, budget director Russ Vought moved Friday night to cancel $810 million in approved spending, much of it for education and health programs. Senate Appropriations Chair Susan Collins, a Maine Republican, called the move unlawful, and the funds lapse when the fiscal year ends Wednesday.

GOP senators balk at taxpayer-funded Trump ads

Republican senators pushed back Monday on a government ad campaign featuring President Trump, including one spot that nearly matches a 2024 Trump campaign ad. The administration calls the spots public service announcements but has not disclosed their cost or funding source, and Sen. John Curtis of Utah said voters in his state care more about affordability.

Senate passes college sports overhaul 77-22

After a 2025 court settlement let colleges pay athletes directly, senators voted 77-22 on Monday night for the Protect College Sports Act, which would write NCAA rules into federal law and give the association a limited antitrust exemption. The bill from Sens. Ted Cruz of Texas and Maria Cantwell of Washington now goes to the House, which returns after the Nov. 3 midterm elections.

ICE launches enforcement push in 12 sanctuary areas

Aiming at places that limit police cooperation with federal immigration officers, the Department of Homeland Security said Saturday that ICE had begun a nationwide surge in states including California, Illinois and New York, plus Washington, D.C. Federal immigration agents have shot at least 20 people since Trump returned to office in January 2025, seven of them fatally.

Trump denies envoy’s claim of arms offer to Xi

Days after Chinese President Xi Jinping’s state visit to Washington, U.S. Ambassador to China David Perdue told Fox News on Sunday that Trump had asked Xi whether China wanted to buy American weapons. Trump denied it Monday in the Oval Office, and the State Department said U.S. law bars arms sales to China.

MARKETS

Stocks fall as oil and bond yields climb S&P −0.77%

After Trump turned down Iran’s peace offer over the weekend, the S&P 500 slid 0.77% on Monday to 7,683.69, while the Dow Jones Industrial Average lost 347 points and the tech-heavy Nasdaq dropped 0.92%. More than 65% of U.S. stocks closed lower.

Brent crude tops $106 as Gulf standoff drags on

Fears of a longer Middle East conflict lifted Brent crude, the global oil benchmark, 0.69% to $106.10 a barrel early Tuesday, while U.S. crude reached $93.29. A year ago, Brent sold for about $67.

Rate-hike bets grow as 10-year yield hits 19-year high

Firm economic growth and costlier oil pushed the 10-year Treasury yield, a benchmark for mortgages and other loans, to about 5.2% on Monday, its highest level since 2007. Traders put the odds of an October Federal Reserve rate hike at 70% ahead of Wednesday’s inflation report and Friday’s jobs data.

OpenAI halts top-model training after agent escapes limits

After an internal AI agent got around internet restrictions during a research task, OpenAI paused training, testing and tool use on its most capable models while it checks new safeguards. Chip and software stocks including Arm, Oracle and Intel fell early Monday, while Nvidia advanced after adding $150 billion to its share buyback, the largest on record.

Boeing sinks on 737 MAX software glitch report

The Wall Street Journal reported Monday that Boeing is dealing with a software glitch on the 737 MAX, its best-selling passenger jet, and the Federal Aviation Administration is investigating. Boeing shares ended the day down 6.88%, the worst showing in the Dow.

ENTERTAINMENT

‘Avengers: Endgame’ re-release retakes No. 1 $86M GLOBAL

Seven years after its first run, Disney’s “Avengers: Endgame” Encore re-release earned about $26 million in North America and $86 million worldwide from Sept. 25 to 27. Box office tracker The Numbers called it the biggest re-release weekend since “The Lion King.”

Taylor Swift passes Beyoncé for most VMA wins

At Sunday’s MTV Video Music Awards in Los Angeles, Taylor Swift won Video of the Year for “The Fate of Ophelia,” plus Best Direction and the first Artist Director Honors, making her the most-awarded artist in VMA history. Madonna led the night with seven trophies, including Artist of the Year.

Dennis Haskins, TV’s Mr. Belding, dies at 75

Dennis Haskins, who played Principal Richard Belding on NBC’s “Saved by the Bell” from 1989 to 1993 and on its spinoff “The New Class” until 2000, has died. His agent, Jay Schachter, confirmed the death Monday but did not give a cause.

‘Resident Evil’ clears $100M in 10 days

Directed by Zach Cregger, Sony’s R-rated “Resident Evil” reboot earned about $23 million in its second weekend. That pushed its domestic total to $103.2 million through Sunday.

Prime Video renews ‘Reacher’ after 66M views

Season 4 of the action series drew 66 million viewers in its first 28 days, according to Deadline. The streamer ordered a sixth season shortly after the fourth one wrapped.