WSJ Minute Briefing - Banks Compete for Fannie and Freddie Mega IPO

Plus: Trump suggests he is open to talks on healthcare, signaling that there may be a way to break the impasse on the government shutdown. And, negotiations over a ceasefire in Gaza continue in Egypt two years on from the deadly Hamas attacks that started the conflict. Caitlin McCabe hosts. 


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The Intelligence from The Economist - Man of steel, and aluminium: Carney talks trade with Trump

The swiftest way for Prime Minister Mark Carney to ease pressure on Canada’s economy is to convince President Donald Trump today to pare back tariffs. But he has far broader plans afoot, too. A heady online mix of e-commerce and entertainment is creating a new generation of shopping addicts. And why John Singer Sargent’s posh-folk portraits are again in fashion.


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WSJ What’s News - Trump Signals Openness to Healthcare Talks to End Shutdown

A.M. Edition for Oct. 7. Trump suggests he is open to talks on healthcare, signaling that there may be a way to break the impasse on the government shutdown. Negotiations over a ceasefire in Gaza continue in Egypt two years on from the deadly Hamas attacks that started the conflict. And big banks are competing for Trump's favor to be part of the Fannie and Freddie mega IPO. WSJ’s Ben Dummett explains how CEOs of the country’s six largest banks are navigating some novel hurdles in the process. Caitlin McCabe hosts. 


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Up First from NPR - National Guard Powers, Marking October 7th, SCOTUS: Conversion Therapy

Texas deploys National Guard troops under President Trump’s orders as legal battles intensify over his authority to send them into Democratic-led cities. As the war in Gaza enters its third year, hopes rise over a new U.S.-backed plan aimed at ending the fighting. And the Supreme Court hears a case on state bans of conversion therapy, weighing free speech rights against protections for the LGBTQ community.


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Today’s episode of Up First was edited by Alina Hartounian, Miguel Macias, Krishnadev Calamur, Mohamad ElBardicy and Alice Woelfle.

It was produced by Ziad Buchh, Nia Dumas and Christopher Thomas

We get engineering support from Stacey Abbott. And our technical director is Carleigh Strange.

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Code Story: Insights from Startup Tech Leaders - S11 E20: Alex Galkin, Competera AI

Alex Galkin can't remember a time where he wasn't doing tech. Funny enough, he does remember a time before internet was common place. In 6th or 7th grade, he got a computer and immediately disassembled it. And eventually, he built an internet service provider for his community, eventually dropped out of university, and sold his internet provider. Outside of tech, he has always been into sports - cycling, motorcycles, etc. And though he doesn't have much time for it anymore, he is big into Brazilian Jujitsu.

At his old role, Alex started to pitch subscription pricing for their products. The timing wasn't right for deep machine learning for pricing, so his boss turned him down. Several years later, he and his team are leveraging the power of Contextual AI to calculate and optimize price combinations.

This is the creation story of Competera AI.

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Marketplace All-in-One - Online job scams are a growing problem

The number of scams involving job postings and offers nearly tripled between 2020 and 2024, according to the Federal Trade Commission. The change translates to more than $500 million in reported losses.


These scams have proliferated on legitimate job boards and you might have even received some via email or text message — fake recruiters reach out with “enticing” offers which are too good to be true. Marketplace’s Nova Safo spoke with Mark Anthony Dyson, author of the Job Scam Report newsletter, about how to spot scams.


Marketplace All-in-One - Why is it called bull market or a bear market?

Bridget and Ryan are at the Podcast Hosts for Youths Sleepaway Camp, but Ryan just can’t fall asleep. That’s when they meet Dougie Pickles, host of the Cozy Critters sleepy time podcast, with a surprising bedtime trick. Together, they unpack the world where animals and money collide, learn what bull and bear markets are, and introduce us to a fishy little entrepreneur, all while soothing Ryan to sleep. Plus, what do you think is more expensive to feed, a tiger or an elephant?


If your family is interested in learning even more about today’s question, check out our website. We’ve got conversation starters and a tip sheet!


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Headlines From The Times - National Guard Lawsuit, Maxwell Appeal Rejected, Gaza Peace Talks, Nobel Prize in Medicine, Chevron Refinery Fire, and Flying Taxis in L.A.

Illinois and Chicago sue to block a federal plan to deploy National Guard troops as tensions rise in major U.S. cities. The Supreme Court rejects Ghislaine Maxwell’s appeal, while indirect talks begin in Egypt to end the war in Gaza. Three scientists earn the Nobel Prize for breakthroughs in immunology. Then, a Chevron refinery fire threatens to raise gas prices, and developers in Los Angeles prepare for flying taxis that could reshape urban travel.

The Daily - Marriage and Sex in the Age of Ozempic

In the last few years, GLP-1 weight-loss drugs like Ozempic and Zepbound have been radically reshaping the people’s lives, changing appetites and health.

But the drugs also have the power to affect other parts of consumers’ lives, including their romantic relationships.

Lisa Miller, who writes about health for The New York Times, tells the story of how these drugs upended one couple’s marriage.

Guest: Lisa Miller, a domestic correspondent for the Well section who writes about personal and cultural approaches to physical and mental health.

Background reading: 

Photo: Katherine Wolkoff for The New York Times

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. 

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Start Here - National Guard’s Next Destination: Chicago

A federal judge declines to block the Trump administration from sending National Guard troops to Chicago. The government shutdown enters its seventh day, with lawmakers facing questions about funding, services, and Jeffrey Epstein. And France’s prime minister becomes the fourth to resign in the last year.

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