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Debt Desk — Debt Desk — October 5, 2026: A New Court Term and the Cost of Capital

Good morning. It is Monday, October fifth.

The Coast Guard has suspended its search for the six people aboard an air ambulance that disappeared while flying from Bermuda to Boston, a grim new development in the story we followed through the weekend.

The Gulfstream G100 lost contact early Saturday after its pilot reported electrical trouble. Search crews later confirmed that debris found south of Nantucket came from the aircraft. On Sunday, officials said the active search was being suspended after crews covered more than 1,600 square miles by air and sea.

The plane carried four Canadian…

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