Semafor

Economists voiced growing alarm over France’s fiscal path, pointing to surging debt and high bond yields ahead of next year’s divisive elections.

European countries sought to harden migration rules in a bid to quell support for nationalist parties across the continent.

OpenAI reportedly aims to raise $30 billion in a new funding round valuing the company at $1.4 trillion, underlining how what was set to be a bumper IPO market to end the year is stalling.

US bond yields recovered slightly, but remained near quarter-century peaks due to investors’ fears over inflation, persistent fiscal largesse, and geopolitical uncertainty.

As the Supreme Court prepares to kick off its new term next week, the justices face an increasingly pessimistic American public.

BOLD PAC, the political arm of the Congressional Hispanic Caucus, is kicking off its voter outreach ahead of the midterms with a social media influencer-focused program, according to an announcement shared first with Semafor.

As the US doubles down on its overhaul of global trade, Trade Representative Jamieson Greer is welcoming his G20 counterparts to Milwaukee for two jam-packed days of ministerial sessions and bilateral meetings.

The News The final American troops in Iraq are scheduled to depart today as the deadline for their withdrawal takes effect, ending nearly two decades of US military presence in the country.

As the US and Iran continue to speak via mediators in a bid to end the war, the White House is tempering any expectations that a breakthrough might be near.

The News Many Democrats supported the bipartisan bill overhauling college sports, but they don’t want to give Republicans any other wins before the midterms.

Overseas visitors to the US are on track to drop by almost two million year-on-year, with even the FIFA Men’s World Cup failing to arrest the decline in tourism.

US consumer sentiment fell to its lowest level since 2014, new data showed, as unexpectedly weak jobs figures and elevated energy prices rekindled Republicans’ midterm fears.

The US could offer Russia sanctions relief in exchange for the release of political prisoners, The Atlantic reported, potentially clearing a path for expanded economic ties between Washington and Moscow.

The EU is threatening to aim its “trade bazooka” at China, as the two giant economies fall out over Brussels’ allegation that Beijing abused commercial ties.

The White House announced plans to tap the Strategic Petroleum Reserve — a step meant to blunt rising gas prices looming over the midterm elections.

President Donald Trump and House Speaker Mike Johnson told reporters today that they’re preparing to release a self-regulatory accord with AI frontier labs.

The News President Donald Trump plans to travel the battleground map to stump for Senate Republicans — where he’s wanted — in the homestretch of the election.

Anthropic’s pitch to investors: We’re losing gobs of money, we might kill everyone, buy our stock anyway.

The News OpenAI on Tuesday launched a personalized agent tool, called dots — a new competitor to Meta’s popular Muse system.

Liz’s view Lloyd Blankfein, contemplating his exit from Goldman Sachs, liked to say that when things are bad, you can’t leave, and when things are good, you don’t want to.

Oura delayed its $2 billion IPO citing market “uncertainty,” a term usually reserved for pandemics, wars, and tariff shocks, not when the Nasdaq is hitting record highs.

Former Trump antitrust enforcer Gail Slater has held discussions about returning to the private practice of antitrust law, people familiar with the matter tell us, advising companies trying to get mergers past an unpredictable administration.

The Scoop Thoma Bravo has been forging a path out of the SaaSpocalypse, after the sector was virtually left for dead by investors earlier this year.

by Emily Ogden.

Africa and Asia are expected to drive a boom in global oil refining capacity by 2030 as countries seek to meet rising demand, reduce reliance on imports, and expand exports, new analysis found.

The Trump administration cancelled the US visas of several senior Latin American officials, a move intended to support politicians it regards as friendly to its regional ambitions.

Chinese officials vowed to bolster flagging growth as a real estate downturn hampers domestic consumption.

European energy ministers meet today, fearing coming shortfalls of natural gas and diesel ahead of winter.

Increasing flows of oil are making it out of the Middle East despite persistent US-Iran tensions, indicating Tehran’s grip on key export routes may be loosening.

Around 11 million US workers, about 7% of the country’s workforce, may need to change jobs within the next decade because of AI displacement and the vast majority will need substantial retraining, a new McKinsey report predicted.

OpenAI scrapped its latest model release and Anthropic reportedly highlighted its technology’s existential risks, ratcheting up safety concerns ahead of a major White House meeting.

Just in time for Halloween and the Christmas shopping season, the US and China have agreed to cut tariffs on Chinese toys, holiday decorations, and fireworks.

President Donald Trump’s plans for an “AI Force” and a new “AI czar” have yet to take concrete steps forward after more than a week.

Fewer Americans than ever believe the US media have a lot of freedom, according to new polling from Gallup.

Congressional leaders are hitting the trail in the midterms’ final stretch.

The Senate’s bipartisan AI safety talks are at a standstill now, and there will be no committee action before the election, according to Senate Commerce Chair Ted Cruz, R-Texas, and the Democrat he’s working with, Sen.

Yinka’s view Africa’s innovators are discovering that building a new product or service often also means building a new relationship with the government.

An Irish factory supplying alumina to Russia could face EU penalties in the bloc’s upcoming sanctions package, underscoring Europe’s enduring dilemma in balancing industrial health with security priorities.

South Korea demanded an apology from Ukraine for “unilaterally and abruptly” revealing that Kyiv transferred North Korean prisoners-of-war — captured fighting for Russia — to Seoul, a diplomatic rupture reflecting the conflict’s increasingly global dimens…

SpaceX’s Starship rocket entered orbit for the first time Monday, deploying Starlink satellites before returning to Earth, a landmark achievement that nevertheless saw the rocket maker’s stock fall.

Nvidia’s record $150 billion stock buyback plan is a bet by CEO Jensen Huang that he can fund huge swaths of the AI buildout while still rewarding his own shareholders.

Shein’s operating profit fell by more than 50%, its first results showed, as geopolitical and economic headwinds dented the Chinese fast-fashion giant’s already-battered business model.

Nvidia on Monday launched a platform that it said could keep AI agents in check, following a string of security breaches.

The US 10-year Treasury yield returned to highs not seen since 2007 on Monday as faltering US-Iran diplomacy rekindled fears of higher-for-longer oil prices.

House Democrats are looking confident.

The News Talks over a deal that would see the US help develop Kenya’s critical minerals processing industry are at a “very advanced” stage, the African country’s mining minister told Semafor, as the nation looks to increase mining’s contribution to its ec…

The News Once the Senate passes the bipartisan college sports bill, Ted Cruz wants the Republicans to quickly turn it into a midterms victory by reconvening the House to pass the bill, having President Donald Trump sign it on live TV, and then campaigning…

The Brussels news organization known as Euractiv will relaunch Tuesday as , its CEO René Moerland told staff Monday, as competition intensifies for wall-to-wall coverage of EU politics.

The News South Africa needs to reset its relationship with the US, a senior member of Pretoria’s governing coalition said in an interview, describing Washington’s demands as “fairly straightforward.”

by Catherine Grace Katz.