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Wall Street quiet early in holiday lull ahead of new US economic data

AP News Markets are flat early Tuesday in holiday-thinned trading before head of the release of new data on how the U.S. economy fared in the third quarter.

Futures for the S&P 500, the Dow Jones Industrial Average and Nasdaq are all essentially unchanged before the opening bell.

Shares of the Danish pharmaceutical company Novo Nordisk jumped more than 7% overnight after U.S. regulators approved a pill version of the blockbuster weight-loss drug Wegovy, the first daily oral medication to treat obesity. Novo's Wegovy is a GLP-1 drug that works like widely used injectables to...
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A look at the experts racing to decode Trump’s tariff rules

AP News NEW YORK (AP) — After a half-century immersed in the world of trade, customs broker Amy Magnus thought she’d seen it all, navigating mountains of regulations and all sorts of logistical hurdles to import everything from lumber and bananas to circus animals and Egyptian mummies.

Then came 2025.

Tariffs were imposed in ways she’d never seen. New rules left her wondering what they really meant. Federal workers, always a reliable backstop, grew more elusive.

“2025 has changed the trade system,” says Magnus. “It wasn’t perfect before, but it was a...
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Parents are divided on whether their girls should return to flood-scarred Camp Mystic in Texas

AP News Patrick Hotze’s three daughters made it home safe from Camp Mystic after July’s catastrophic floods that killed 25 campers and two teenage counselors. He attended some of the funerals and says he understands the outrage over the Texas camp’s plan to partially reopen next year.

He also intends to send his girls back.

“My heart is broken for them,” Hotze said of the parents whose girls died, including some he described as close friends. “I think it’s different for each kid and each family.”

For the first time since the roaring flood, the...
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Medicaid paid more than $207 million for dead people. A new law could help fix that

AP News WASHINGTON (AP) — Medicaid programs made more than $200 million in improper payments to health care providers between 2021 and 2022 for people who had already died, according to a new report from the independent watchdog for the Department of Health and Human Services.

But the department's Office of Inspector General said it expects a new provision in Republicans’ One Big Beautiful Bill requiring states to audit their Medicaid beneficiary lists may help reduce these improper payments in the future.

These kinds of improper payments are “not unique to one state, and...
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A look at aging baby boomers in the United States

AP News The oldest baby boomers — once the vanguard of an American youth that revolutionized U.S. culture and politics — turn 80 in 2026.

The generation that twirled the first plastic hula hoops and dressed up the first Barbie dolls, embraced the TV age, blissed out at Woodstock and protested the Vietnam War — the cohort that didn't trust anyone over age 30 — now is contributing to the overall aging of America.

Boomers becoming octogenarians in 2026 include actor Henry Winkler and baseball Hall of Famer Reggie Jackson, singers Cher and Dolly Parton and presidents Donald...
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Top Stories

  • Parents are divided on whether their girls should return to flood-scarred Camp Mystic in Texas
  • Medicaid paid more than $207 million for dead people. A new law could help fix that
  • Major Russian drone and missile attack on Ukraine kills at least 3 people and cuts power
  • Ex-aide says Netanyahu tasked him with making a plan to evade responsibility for Oct. 7 attack
  • At least 5 killed after Mexican Navy plane on medical mission crashes in Texas
  • US strikes another alleged drug-smuggling boat in eastern Pacific
  • Bureaucratic mishap delayed gun license for accused Bondi Beach shooter in Australia
  • Nigerians welcome 130 schoolchildren and teachers released after mass abduction
  • Powerball jackpot soars to $1.7 billion after another night with no big winner
  • Trump warns Maduro against playing 'tough' as US escalates pressure campaign on Venezuela

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Entertainment

  • Powerball jackpot soars to $1.7 billion after another night with no big winner
  • Vince Zampella, video game pioneer behind Call of Duty, dies at 55
  • Barry Manilow has early-stage lung cancer and will undergo surgery
  • Banksy unveils new art in London following speculation over murals depicting stargazing figures

Sports

  • Draymond Green, Steve Kerr have heated exchange in huddle during timeout before Green leaves court
  • The Bills, Jaguars and Chargers are headed to the playoffs after the Colts' 5th straight loss
  • Brock Purdy throws career high 5 TD passes and leads 49ers to 5th straight win, 48-27 over the Colts
  • Zion Williamson scores 24 to lead Pelicans over Mavericks for 5th straight win
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