Student Loan Caps Push Grad Borrowers to Private Lenders
TL;DR: Newsweek reported that new federal loan caps, in effect since July 1, are pushing graduate students toward private lenders. The lenders' own third quarter earnings back that up, and the detail…
November 7, 2026
Dimon: Why the Dollar Stays the Top Reserve Currency
TL;DR: JPMorgan CEO Jamie Dimon said the dollar will stay the world's top reserve currency as long as the U.S. keeps the strongest military and the strongest economy, according to Moneywise . He spok…
November 7, 2026
Fed's Daly: More Rate Hikes Likely as Inflation Stays High
TL;DR: San Francisco Fed President Mary Daly said Friday she expects the Fed will need to raise interest rates further, though the timing and size are undecided. The benchmark rate sits at 3.75% to 4…
November 7, 2026
Korea's $10B Nuclear Prepayment After the Midterms
TL;DR: South Korea has discussed paying up to $10 billion by year end for long lead reactor components, part of a plan of up to $120 billion for eight U.S. reactors. Democratic midterm wins that favo…
November 7, 2026
IBM Quantum System Two Now Running in Chicago
TL;DR: IBM's new Quantum System Two, now running at the University of Chicago's Hyde Park Labs, is the company's most advanced system available and its first quantum computer in Illinois, IBM says . …
November 7, 2026
Tech Stocks Plunge as Midterms Fuel AI Slowdown Fears
TL;DR: Global tech stocks fell sharply on Thursday as investors sold on fears that the U.S. midterm elections would slow AI development, according to AOL's copy of a BBC report . The Nasdaq sank 5.5%…
November 7, 2026
DOL's Final 401(k) Alternatives Rule Goes to White House
TL;DR: The Labor Department's Employee Benefits Security Administration sent its final rule, Fiduciary Duties in Selecting Designated Investment Alternatives, to the White House Office of Management …
November 7, 2026
Angel Investor Checklist: Check the Downside First
TL;DR: Before writing a check, an angel wants to know how the money gets lost. That means the team, the document, the cap table and the odds of a follow on round, all before the upside. Per an Angel …
November 6, 2026
Pound-to-Dollar Falls as AI Stock Selloff Lifts Dollar
TL;DR: The pound to dollar rate fell 0.46% to 1.3388 on Friday as the dollar rose against every G10 currency, Pound Sterling Live reported. The cause was not in the UK. A rout in AI linked shares sta…
November 6, 2026
Is the US exorbitant privilege eroding?
TL;DR: Brookings published a commentary on November 5, 2026 asking whether the U.S. exorbitant privilege is eroding. Its author, Brookings senior fellow Robin Brooks, argues that with U.S. public deb…
November 6, 2026
Shield AI Buys Echodyne for $5.3B at $28.8B Valuation
TL;DR: Shield AI agreed on November 5, 2026 to acquire radar maker Echodyne in a deal valued at $5.3 billion. It is raising $2.5 billion to pay for it, including a $1 billion Series H at a $28.8 bill…
November 6, 2026
Stocks Plunge as Election and AI Worries Hit Tech
TL;DR: U.S. stocks fell sharply on Thursday after Democratic midterm wins fed fears of tighter AI regulation and limits on data centers. The S&P 500 dropped 4.4% and the Nasdaq Composite 5.5%, ea…
November 6, 2026