1. Houthi Attacks Hit Riyadh
Houthi missile, drone and rocket attacks have left commercial jets burning at Riyadh's airport, while Pakistan has joined Saudi Arabia and other regional countries in the fight against the Houthis. Tanker attacks near Qatar have pushed oil prices higher.

2. Iran Strike Reports and US Military Damage
The president says there will be no attacks on Iran before the midterms, following reports that strikes were under consideration. CBS News reports that earlier Iranian attacks inflicted more damage on US positions than previously understood, including strikes by low-flying F-5 jets in Kuwait.

3. Federal Deficit Nears $2 Trillion
The Congressional Budget Office puts the federal deficit at nearly $2 trillion for the fiscal year ending September 30, up 12% from 2025 in nominal dollars. Spending reached $7.4 trillion against $5.4 trillion in revenue, while rising bond yields are making federal borrowing more expensive.

4. Russia Escalates Strikes in Ukraine
At least 30 people are dead as Russia escalates attacks on Ukraine, including power grids and other infrastructure ahead of winter. Ukraine is launching long-range missiles into Russia as the president predicts the war will wind down and signs of strain grow inside Russia.

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