The News Roundup For October 16, 2026
In the last consumer snapshot before the 2026 midterm elections, the annual rate of inflation rose 3.7 percent.
Meanwhile, Tesla CEO Elon Musk is set to become the biggest donor of this midterm cycle, after spending more than $366 million on conservative candidates and causes.
And the Trump administration is once again targeting Rep. Ilhan Omar, with federal agents issuing subpoenas to her family as they searched her family history for instances of fraud.
And, in global news, fighting between the Saudis and the Yemeni Houthis is intensifying. A building owned by major Saudi energy company was…
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