The U.S. Supreme Court will listen to cases about President Donald Trump's use of the International Emergency Economic Powers Act (IEEPA) to impose tariffs. This legal challenge involves family-owned businesses and a wine importer opposing tariffs affecting their costs. The core issue is whether Trump can use IEEPA to set tariffs without Congress.
Key Facts
The Supreme Court is examining President Trump's use of a 1977 law to impose tariffs.
Trump used the IEEPA to set tariffs on countries like China without Congress.
The cases include Learning Resources Inc. and V.O.S. Selections Inc., both impacted by these tariffs.
The U.S. Court of International Trade previously ruled against Trump, citing Congress' power to set tariffs.
The dispute is over whether the IEEPA gives the President power to bypass Congress in imposing tariffs.
Trump's tariffs have affected several businesses, raising their import costs significantly.
The Court hearing takes place amid a conservative majority on the bench, with Trump having appointed three justices.
Jack's Donuts of Indiana has filed for Chapter 11 bankruptcy, which allows them to reorganize and pay their debts while keeping their business running. The parent company owes $14.2 million but only has $1.4 million in assets. Despite financial issues, Jack's Donuts says their stores will stay open and individual franchise locations are not part of the bankruptcy case.
Key Facts
Jack's Donuts of Indiana filed for Chapter 11 bankruptcy in Indiana.
The company owes $14.2 million but only has $1.4 million in assets.
Jack's Donuts operates 24 locations, with 14 owned by independent franchisees.
The bankruptcy applies to the corporate commissary, not individual franchises.
Franchisees accused the CEO, Lee Marcum, of misusing funds and mismanagement.
Old National Bank is seeking $3.4 million due to loan defaults.
Jack's Donuts' stores remain open despite the bankruptcy filing.
The Indiana Secretary of State's office issued a cease-and-desist order to prevent Marcum from selling unregistered securities.
The rate at which homes in the U.S. are being sold is at its lowest level in nearly 30 years. This drop is linked to a slower job market and higher mortgage rates, which makes it difficult for people to move or afford new homes.
Key Facts
Only 28 out of every 1,000 U.S. homes changed owners between January and September.
This is the lowest turnover rate since at least the 1990s, based on Redfin's analysis.
The turnover rate is about 30% lower compared to the average rate from 2012 to 2022.
People usually move for new jobs or more space, but this is happening less often now.
The current low turnover correlates with a slow-moving job market with fewer hires and fires.
Higher mortgage rates since 2022 discourage homeowners from selling homes bought or refinanced at lower rates.
In August, U.S. employers added 22,000 jobs, which was fewer than expected.
The median sales price for previously owned homes has increased 53% over the past six years.
Italian authorities seized $1.5 billion from Lagfin, the main shareholder of the Campari Group, due to tax evasion allegations. The investigation involves potential unpaid taxes on capital gains related to a past merger. The investigation is ongoing, and Lagfin plans to defend itself.
Key Facts
Italian authorities seized $1.5 billion in assets from Lagfin on tax evasion claims.
Lagfin controls over 50% of Campari shares and 80% of voting rights.
The seizure is linked to alleged unpaid taxes of about $1.4 billion from a past merger.
Campari Chairman Luca Garavoglia is under investigation.
The investigation began around two years ago after an audit.
Lagfin states it will vigorously defend its actions in court.
Campari continues to operate, with a recent 4.4% rise in third-quarter sales.
YouTube TV and Disney, which owns channels like ABC and ESPN, are in a disagreement over contract renewal terms. As a result, YouTube TV decided to remove Disney’s channels, prompting ESPN to urge customers to rally for their return. YouTube TV offered a discount to its users due to the channel removal.
Key Facts
YouTube TV announced it would remove Disney channels, including ABC and ESPN, due to contract disagreements.
The removal started on October 30, 2025.
YouTube TV said they aim for fair pricing and won't accept terms they see as unfair to their members.
To ease the impact, YouTube TV offered a $20 discount to affected users.
ESPN responded by urging YouTube TV customers to complain to regain access to their channels.
ESPN used its popular personalities to motivate fans to pressure YouTube TV.
Some fans criticized ESPN, accusing them of trying to manipulate the situation for financial gain.
The conflict between Disney and Google (which owns YouTube TV) continues without a resolution.
Italian police have seized shares worth €1.3 billion from the owner of Campari over alleged tax evasion. The shares were taken from a Luxembourg-based company as part of an investigation into tax payments. The probe looks at whether the company avoided taxes during a merger by transferring assets abroad.
Key Facts
Italian police seized €1.3 billion in shares from Lagfin, which controls Campari.
The action is part of a year-long investigation into alleged tax evasion.
The company is accused of not paying taxes equal to the value of the seized shares.
Neither Campari itself nor its subsidiaries are directly involved in the case.
The investigation includes Campari's chair, Luca Garavoglia, among others.
Lagfin owns over 50% of Campari's shares and holds 80% of its voting rights.
Prosecutors say Lagfin may have hidden €5.3 billion in capital gains from 2018 to 2020.
The Campari brand, started in 1860, is valued at about €7 billion on the Milan Stock Exchange.
A new survey shows that members of Generation Z are more open to talking about their salaries compared to older generations. The survey also indicates that there is a push for more salary transparency in the workplace, with new laws in several U.S. states requiring employers to include salary ranges in job postings.
Key Facts
A survey by Kickresume found only 31% of employees say salary is openly discussed at work.
Nearly 40% of Gen Z say salary discussions happen at their workplaces, compared to 22% of Gen X.
18% of Gen Z have talked about salary even when not allowed, while 1 in 3 Gen X prefer not to discuss pay.
Gen Z employees often avoid job applications if salary details are not transparent.
About 46% of employees support open salary policies; this number rises to 49% among Gen Z.
New laws in states like Massachusetts require companies to list salary ranges in job postings.
The Equal Pay Act of 1963 and new transparency laws protect employees' rights to discuss wages.
Gen Z values transparency, influenced by growing up with open sources of information.
China has decided to ease its export ban on certain computer chips to Europe after the Netherlands took control of a Chinese-owned chipmaker, Nexperia, citing governance issues. This move comes after concerns from European car manufacturers about chip shortages impacting vehicle production. The decision followed discussions between President Trump and Chinese President Xi Jinping.
Key Facts
China will loosen a ban on exporting chips to Europe that was imposed after the Netherlands took over Nexperia, a chipmaker.
The Netherlands used an old law to take over Nexperia, citing governance issues and concerns over chip availability in emergencies.
China initially stopped sending completed Nexperia chips back to Europe, causing worries among European car manufacturers.
Around 70% of chips made in the Netherlands are sent to China for completion before export to other countries.
China criticized the Netherlands for interfering in business, blaming it for disrupting global supply chains.
The European Automobile Manufacturers' Association warned that chip shortages could halt vehicle production.
Discussions between President Trump and China's Xi Jinping addressed trade and chip exports.
The White House plans to release details of a new trade agreement with China, including the resumption of Nexperia chip exports.
An activist group called The People's Union USA has announced a boycott of Amazon, Target, Home Depot, and Kellogg’s for November. The goal of the boycott is to push these companies to reinstate diversity programs and influence U.S. economic policy in ways that help American families. The group has organized similar boycotts since February 2025.
Key Facts
The People's Union USA is organizing a November boycott of four companies: Amazon, Target, Home Depot, and Kellogg’s.
The boycott is part of a campaign known as "The November Business Blackouts."
The group wants companies to bring back diversity, equity, and inclusion (DEI) programs.
They aim to change corporate behavior to reduce income tax burdens and high pricing.
Amazon and Target have been boycotted before for reasons like ending DEI initiatives and workplace practices.
Home Depot is criticized for allegedly removing its DEI page.
Kellogg’s is a new target due to remarks by its CEO about affordable meal options.
President Donald Trump has opposed DEI programs, calling them problematic.
More than 100 companies in the United States plan to lay off employees in November. These layoffs will affect thousands of workers and are happening as companies navigate economic challenges and restructuring needs. The Worker Adjustment and Retraining Notification (WARN) Act requires businesses to give a 60-day notice before large layoffs.
Key Facts
Over 100 companies have announced plans for layoffs in November.
Thousands of American workers will be affected by these layoffs.
The layoffs come at a time of economic uncertainty and restructuring among businesses.
The WARN Act requires a 60-day notice for mass layoffs, defined as affecting 50 or more employees within a 30-day period.
Companies from various sectors, including technology, healthcare, and manufacturing, are among those planning layoffs.
Notable companies on the list include Microsoft, Alphabet Inc., Salesforce, and Oracle America.
President Trump's changes to the federal workforce have contributed to some of these layoffs.
Economic factors include trade policy changes and recent government shutdowns.
The article discusses a charity campaign called Will Aid, which encourages young people to write their wills. It highlights how young professionals increasingly include personal and digital assets in their wills. The campaign's goal is to promote discussions around will writing to avoid future complications.
Key Facts
Will Aid is an annual charity campaign that helps people write wills without usual solicitor fees, asking for a donation instead.
Young people are being encouraged to create wills, including personal and digital items like social media accounts and cryptocurrency.
Personal touches in wills, such as goodbye notes and gifts, are becoming more common among younger generations.
Many young people have not considered writing a will because they feel their estate is too simple.
A report showed that 25% of people don't know how to draft a will.
The founder of Octopus Legacy, Sam Grice, encourages will writing after experiencing family difficulties due to an outdated will from his mother.
Younger people often overlook will writing, even though their lives can change rapidly, affecting assets and liabilities.
Up to 29% of people with a will have not informed anyone of its storage location.
More rental homes in the UK, especially in London, are being advertised without living rooms. This change is mostly because landlords turn living areas into extra bedrooms to help cover increased costs. The move affects renters, who often end up socializing in kitchens or spending more by going out.
Key Facts
About 30% of ads for shared flats on SpareRoom showed no living room in the first half of the year.
In London, 41% of these rental ads lacked a living room.
Birmingham saw a rise in ads without a living room from 16% in 2020 to 22%.
UK average private rents increased by 5.5% to £1,354 per month by September.
There's an average of 10 tenants competing for each available rental property.
Renters often use the kitchen as a social space instead of a living room.
Landlords convert lounges into bedrooms to manage higher mortgages and costs.
The article discusses the growing trend of hair transplants among young men, influenced by changing attitudes and social media. Hair transplants have become more common worldwide, with many young people seeking them out, often traveling to countries like Turkey for more affordable options due to the high costs in places like the UK.
Key Facts
Hair transplants are becoming more popular globally, especially among young men aged 20 to 35.
Social media and dating apps have increased awareness and acceptance of hair transplants.
Many people now see hair transplants as regular self-care rather than vanity.
In the UK, high costs lead people to seek cheaper options abroad, such as in Turkey.
Some concerns exist about the safety and regulation of cheaper overseas procedures.
There is an increase in people needing corrective surgery after poor-quality transplants abroad.
The affordability of hair transplants in Turkey makes it a popular destination despite potential risks.
Several companies, including Instacart and DoorDash, are offering discounts and other financial help to people who get SNAP (food assistance) benefits as the U.S. faces a potential cut in these payments. These companies aim to help SNAP recipients by providing grocery discounts and waiving fees.
Key Facts
Instacart will offer a 50% discount on grocery orders to customers who used a SNAP/EBT card in October.
Instacart is increasing its support for food banks from 100 to 300, costing $5 million.
Gopuff will provide $50 worth of free groceries to SNAP recipients in November, spending up to $10 million.
DoorDash will waive fees for 300,000 SNAP recipient orders and deliver 1 million meals from food banks for free.
Zip Co. will offer no-fee installment payments for groceries to SNAP recipients if government payments stop.
The U.S. Department of Agriculture plans to pause SNAP payments on Nov. 1 due to the government shutdown.
DoorDash has over 2.4 million customers using a SNAP/EBT card with their accounts.
The United States and China have decided to temporarily ease their trade conflict by pausing certain tough measures for a year. Both countries made some compromises to reach this temporary truce.
Key Facts
The U.S. and China agreed to temporarily ease their trade tensions.
Some harsh trade measures are on hold for one year.
The trade conflict involves the world’s two largest economies.
Experts from different research institutes are analyzing the situation.
There is uncertainty about whether a long-term agreement will follow or if conflicts will resume.
Several companies are offering discounts and services to help people using SNAP benefits during a government shutdown that is affecting SNAP payments. Instacart, DoorDash, Gopuff, and Zip Co. are some of the companies providing various forms of aid to ease the impact on low-income families.
Key Facts
The federal government plans to freeze SNAP payments during the shutdown.
Instacart offers a 50% discount on the next grocery order for SNAP users.
DoorDash will waive delivery fees for 300,000 SNAP orders in November.
Gopuff offers $50 in free groceries to eligible users.
Zip Co. provides temporary no-fee payment plans for SNAP beneficiaries.
These initiatives aim to help low-income families during the funding halt.
Disney channels, including ESPN and ABC, are no longer available on YouTube TV because Disney and YouTube TV couldn't agree on payment terms. Disney wanted YouTube TV, owned by Google, to pay higher fees for their content, but YouTube TV said these terms were too costly and unfair to their subscribers.
Key Facts
Disney channels like ESPN and ABC have been removed from YouTube TV.
The removal happened after the companies couldn't agree on how much YouTube TV should pay for Disney's content.
YouTube TV is owned by Google and offers online TV to around 10 million subscribers in the U.S.
Disney claims YouTube TV isn't agreeing to pay fair rates, while YouTube TV argues the proposed terms are too expensive and hurt their subscribers.
A similar negotiation issue occurred earlier this year between YouTube and NBCUniversal but was eventually resolved.
If Disney channels stay unavailable for a long time, YouTube TV plans to give subscribers a $20 credit.
The companies are still trying to come to an agreement to return Disney content to YouTube TV.
Disney accuses Google of using its large market position to weaken competition, while Google argues Disney's terms would raise prices.
Moonlight Companies is recalling conventional white and yellow peaches that may contain Listeria, a harmful bacteria. These peaches were sold across the U.S. in stores from September 16, 2025, to October 29, 2025. No illnesses have been reported, and customers can check specific details to identify the recalled products.
Key Facts
Moonlight Companies is recalling white and yellow peaches due to possible Listeria contamination.
The recall involves peaches sold nationwide between September 16 and October 29, 2025.
Listeria is a bacteria that can cause infections, mainly harmful to young children, the elderly, and those with weak immune systems.
Recalled products have specific packaging and sticker details, excluding those labeled 'Washington' and 'Organic.'
No related illnesses have been reported as of the recall announcement.
The recall is voluntary, and the FDA monitors such actions and provides public information.
Customers can contact the company at 855-215-5017 for any questions about the recall.
Some members of the Federal Open Market Committee (FOMC) argue against more interest rate cuts, citing ongoing economic growth, rising inflation, and a steady job market. Officials from various Federal Reserve districts express concerns that further rate reductions may not effectively address economic challenges, such as inflation and labor market changes.
Key Facts
The FOMC is considering whether to cut interest rates further.
Some committee members think the economy is strong enough, so cutting rates might be a mistake.
Kansas City Fed president Jeff Schmid disagrees with the recent rate cut.
Dallas Fed president Lorie Logan prefers to keep rates steady.
Inflation has been above the Fed's target for more than four years.
Economic growth, high stock markets, and capital spending are noted amid an AI boom.
Some Fed members believe current monetary policy should focus on controlling demand to reduce inflation.
The push for rate cuts has been led by Washington-based Fed governors.
New tariffs are aimed at bringing furniture jobs back to North Carolina by making imported goods more expensive. However, the local furniture industry depends on materials from other countries, which are also becoming costlier.
Key Facts
The goal of the new tariffs is to help North Carolina furniture makers.
Tariffs increase the cost of imported furniture, potentially making local products more competitive.
Local furniture makers depend on global supplies that are getting more expensive due to tariffs.
The global supply chain affects the cost and availability of materials for furniture production.
The effectiveness of tariffs in bringing jobs back remains uncertain.
