*** Ross Rant ***
Trump's tariff gambit faces Supreme Court reckoning
The Supreme Court heard oral arguments yesterday on what may prove to be one of the most consequential cases of its term—and President Donald Trump's legal foundation for tariffs appears to be losing.
During contentious questioning on Wednesday, justices across the ideological spectrum expressed deep skepticism about the administration's claim that the 1977 International Emergency Economic Powers Act (IEEPA) grants the president unilateral authority to impose sweeping tariffs on dozens of nations.
Both conservative and liberal justices sharply challenged Solicitor General D. John Sauer's defense of the reciprocal and fentanyl-related tariffs that have reshaped global trade flows since Trump's return to office.
Lower courts have already ruled against the administration, finding that Trump exceeded his statutory authority by using an emergency powers law designed for national security crises to implement what amounts to a wholesale restructuring of American trade policy. The presence of Treasury Secretary Scott Bessent in the courtroom underscored the administration's recognition of the stakes involved.
The legal challenge strikes at the constitutional separation of powers between Congress and the executive branch.
Critics argue that Trump has usurped Congress's exclusive authority to levy taxes and regulate international commerce-a fundamental principle embedded in Article I of the Constitution. The administration's defense rests on an expansive interpretation of the IEEPA that would allow any president to unilaterally reshape trade relationships by declaring an economic emergency.
If the justices reject this reasoning, as Wednesday's arguments suggest, the decision would not invalidate specific tariff measures; it would fundamentally constrain presidential power over trade policy for generations to come. The Court's apparent skepticism suggests that even Trump-appointed justices may be reluctant to endorse such a dramatic expansion of executive authority, particularly when it directly conflicts with Congress's enumerated powers.
For business leaders, the implications extend far beyond abstract constitutional theory.
Corporate America is in a state where it needs to adapt supply chains, renegotiate contracts, and restructure operations to accommodate tariff regimes that might be illegal. This regulatory uncertainty has the most chilling impact on business. Not knowing the rules and having the rules change on a whim is not how business should operate.
Even a favorable Supreme Court ruling against the administration would create even more chaos in global trade relationships while simultaneously raising thorny questions about the hundreds of billions of dollars already collected under these tariffs.
Companies that paid these duties may seek refunds, creating a fiscal nightmare for the Treasury and potentially resulting in windfalls for importers. More fundamentally, the uncertainty surrounding tariff policy makes long-term capital allocation decisions nearly impossible. CEOs cannot confidently invest in new facilities, negotiate multi-year supply agreements, or develop market entry strategies when the basic framework of trade policy hangs in judicial limbo.
The strategic implications for corporate planning are equally troubling.
If the Court strikes down the tariffs, Trump will likely seek alternative legal mechanisms to maintain his protectionist agenda, potentially triggering new rounds of litigation and policy uncertainty. Congress could theoretically pass legislation explicitly authorizing tariffs, but the political dynamics make such action unlikely in a divided and slothful government.
Meanwhile, America's trading partners face their own dilemma: should they negotiate with an administration whose trade policies may be subject to judicial invalidation, or should they wait for legal clarity while their exporters suffer? This uncertainty poisons the well for serious trade negotiations and encourages partners to hedge by diversifying away from American markets.
The business community now confronts a period of maximum ambiguity precisely when global economic conditions demand strategic clarity.
Companies that absorbed tariff costs rather than passing them on to consumers made balance sheet commitments based on policies that may be subject to change. Financial models built on current tariff structures could require wholesale revision.
The only certainty is uncertainty—and that represents perhaps the most corrosive force in modern business planning. Markets can adapt to almost any policy regime, but they cannot efficiently allocate capital when fundamental rules remain subject to judicial nullification. Wednesday's Supreme Court arguments suggest American business may be entering precisely such a period, with implications that will reverberate through boardrooms and balance sheets for years to come.
It would be helpful if Congress and the administration remembered that the business of America is business, and when a company is unaware of the rules and faces regulatory uncertainty, no one benefits.
-Marc
*** Caracal Daily ***
CNBC: Supreme Court justices appear skeptical that Trump tariffs are legal
+ Supreme Court justices appeared deeply skeptical about the legality of tariffs imposed by President Donald Trump against most of the world’s nations.
+ Conservative and liberal justices sharply questioned Solicitor General D. John Sauer about the justification of the tariffs, which critics say infringe on the power of Congress to tax.
+ Lower courts say Trump lacked authority under the International Emergency Economic Powers Act to impose reciprocal and fentanyl tariffs on imports from Canada, China, Mexico, and other trade partners.
+ Treasury Secretary Scott Bessent attended the arguments.
Supreme Court appears skeptical of legality of most of Trump’s tariffs: The court heard arguments on one of the most important cases of its term, testing whether the president has authority to impose wide-ranging tariffs. WP
Key justices cast a skeptical eye on Trump’s tariffs: The Supreme Court is considering whether the president acted legally when he used a 1977 emergency statute to impose tariffs on scores of countries. NYT
Supreme Court confronts Trump’s power to disrupt world trade: In a high-stakes legal showdown, the Supreme Court will consider arguments that Trump exceeded his constitutional authority with many of the sweeping tariffs he has imposed on goods from around the world. Bloomberg
Supreme Court’s skepticism on Trump tariffs means uncertainty reigns Bloomberg
Trump’s tough day at Supreme Court puts tariffs in jeopardy: The prospect of a loss by the administration raises questions about the president’s alternatives—and what happens to money that has already been collected. WSJ
Donald Trump’s tariffs could soon be toast: A majority of the justices seem skeptical of Mr Trump’s trade war. Economist
A justice-by-justice breakdown on Trump’s tariffs: The president needs five votes to win. The math looks challenging. WSJ
Why it will be hard for five justices to bless Trump’s tariffs Jack Goldsmith + John Guida
Putin paves way to resume nuclear testing as tensions flare with Trump: WSJ reports the Russian leader said Moscow could return to nuclear testing if the US begins testing its own arsenal.
Putin prepares for first nuclear detonation tests since Cold War: The Times reports Russian president says controlled explosions could be carried out in response to President Trump’s announcement that the US is to resume its own tests.
Russia’s new war grifters—‘black widows’ duping soldiers into marriage: WSJ reports authorities say women are marrying servicemen in an attempt to get the death payouts that go to their families.
Norway may use wealth fund to back €100bn EU war loan to Ukraine: The Times reports Oslo could unlock fresh funding for Kyiv by pledging a slice of its national investment fund, the largest in the world, as collateral.
Switzerland is crossing the crypto rubicon: Can the country replicate its culture of trust in an era that thrives on code and decentralisation? Mercedes Ruehl
Elections in India’s poorest state put Modi’s party to the test: WP reports voting in the eastern state of Bihar falls at a tense time for Prime Minister Narendra Modi, who faces growing domestic criticism and economic pressure from Washington.
Analysis: Xi Jinping eschews 'wolf warrior' diplomacy amid economic woes: Face-off with Trump in South Korea ends in a draw at best, not a Xi victory. Nikkei
Japan’s adventures in Trump’s irrational-rational land: A shiny Ford pick-up truck has become the symbol of Sanae Takaichi’s diplomatic dance with the US. Leo Lewis
End of the line: How Saudi Arabia’s Neom dream unravelled: Mohammed bin Salman’s utopian city was undone by the laws of physics and finance. FT
Brazil is developing a weapon for trade wars: Fertilizer in the Amazon: WSJ reports a planned $2.5 billion potash mine in the rainforest is billed as key to Brazil’s expanding agricultural exports and to the economic security of the indigenous population.
Milei defies calls to float Argentine peso freely: Libertarian president vows to double down on transformation of country’s economy. FT
Why Latin America can’t quit oil and gas: As COP30 approaches, Brazil and Colombia offer competing visions of a ‘just energy transition’ for developing countries. FT
Mexico’s president presses charges against man who groped her on the street: NYT reports a video of a man touching Mexico’s first female president, Claudia Sheinbaum, shocked many Mexicans but did not surprise them. “It’s so common,” one woman said.
Trump expresses reservations over strikes in Venezuela to top aides: WSJ reports the Trump administration is still deciding whether to oust Venezuelan President Nicolás Maduro or extract concessions from him, according to US officials familiar with the deliberations.
How Venezuela’s military might respond to US attacks: Venezuela has an arsenal of Russian weapons and armed civilian cells that could mount a guerrilla war. But a coup against President Nicolás Maduro? Don’t count on it. NYT
Bloomberg: Trump to host Central Asia leaders as resources race heats up
+ President Donald Trump will host a summit with representatives of Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan and Turkmenistan at the White House.
+ The meeting follows recent efforts by other major powers to bolster ties with the region, including Russian President Vladimir Putin and Chinese leader Xi Jinping.
+ Central Asian leaders have sought to diversify their economic and security relationships, particularly since Russia’s invasion of Ukraine sparked massive Western sanctions against Moscow.
Elections show Trump’s edge on the economy slipping: NYT reports Democrats harnessed worries about the cost of living, with polls showing that Republicans’ longtime advantage on the economy has evaporated.
AP: Trump may become the face of economic discontent, a year after such worries helped him win big
+ Fresh off Democrats’ clean sweep of the 2025 off-year elections, President Donald Trump plans to refocus his political messaging on affordability, James Blair, the political director for Trump’s 2024 presidential campaign and the RNC, told Politico in an exclusive interview Wednesday.
What’s really concerning Republicans after Tuesday’s romp: Trump’s former political adviser told Politico in an exclusive interview that the president plans to talk a lot more about about the cost of living as we turn in the new year. Politico
Republicans point fingers after their losses, but not at Trump: Casting around for culprits, leaders in the party blamed their candidates, the government shutdown, and a weak economic message. NYT
Make no mistake: Trump is an albatross Jamelle Bouie
What Democratic victories tell us about America’s feelings on Trump: Independent and Latino voters swung to the Democrats on Tuesday, while Gavin Newsom showed the party can play the Republicans at their own game. The Times
Winners and losers from the 2025 election: It was not a good night for Trump or Republicans aligned with him. WP
What Democrats’ 2025 election sweep means for the midterms Ed Kilgore
Democrats risk drawing the wrong lessons from one good day: Moderate governors offer a better model than a charming socialist in New York. Economist
Pollsters missed the blue wave in New Jersey and Virginia: WSJ reports pollsters say they miscalculated who would show up to vote and a leftward shift by Latino voters.
Virginia Democrats won in a ‘doggone tsunami’ of an election. Today they’re preaching restraint. WP reports Virginia’s results were among a slew of blue victories around the country, and Democrats nationwide were assessing how to define the party’s future heading into the 2026 congressional midterms.
After ‘seismic’ win, New Jersey’s next governor says she has a mandate: NYT reports Representative Mikie Sherrill, a Democrat, defeated her Republican opponent, Jack Ciattarelli, by 13 points as voter turnout surged.
How voters shifted in Virginia, New Jersey, and New York elections WP
The voters who propelled Mamdani to victory: More than one million voters cast their ballots for democratic socialist in New York City’s mayor’s race. WSJ
An emboldened Mamdani sheds conciliatory tone: NYT reports fresh from a stunning victory, Zohran Mamdani, the mayor-elect, said in an interview that his supporters wanted “a politics of consistency” and aggressive action, including on taxing the rich.
NYT: Jamie Dimon of JPMorgan says he has reached out to Zohran Mamdani
Mamdani and the new challenge for nation states: The metropolis and the heartland provoke each other into extremes, as the New York mayoral race shows. Janan Ganesh
Bloomberg: Mamdani’s ‘Trump-proofing NYC’ campaign sets up fight with White House
Trump vs. Mamdani: The showdown to come: President Trump has berated Zohran Mamdani, the mayor-elect of New York City, in public. But privately, Mr. Trump describes him as slick and a good talker. NYT
After Mamdani win, Schumer rejects charges he’s out of touch: NYT reports the top Senate Democrat was reluctant to say why he stayed on the sidelines of the mayoral race and denied that Zohran Mamdani’s victory reflected poorly on him.
Redistricting pressure heats up after Prop 50’s passage: ‘All Democratic elected officials should take note’: Politico reports Proposition 50 — once thought to be too risky — won big Tuesday. Now, Democrats are using its passage to push for more redraws.
Republicans swiftly file lawsuit in bid to block California’s new house maps: NYT reports Republicans asked a federal court to block newly approved maps in California that were designed to flip as many as five House seats for Democrats.
Redistricting battles, set off by Trump, have few parallels in US history: First, Texas redistricted. Other states followed, and now California. Some legal experts say it’s a crisis: “The wheels are coming off the car right now.” NYT
The anti-MAGA majority reemerges: Democrats won up and down the ballot yesterday, riding a backlash to Donald Trump’s second term. David A. Graham
Socialism or abundance? Two visions fight for the Democratic Party’s soul as it searches for purpose, direction, and a modicum of popularity. Simon van Zuylen-Wood
McDonald’s is struggling to hold on to its low-income customers: WP reports the company said there’s been a double-digit decline in traffic across the industry from lower-earning consumers.
Maine centrist Jared Golden to quit Congress, citing threats and dysfunction: WSJ reports Democratic lawmaker has criticized his party’s leadership over the government shutdown.
In the Trump era, Cheney’s brand of conservatism became obsolete: Dick Cheney was once the face of hard-line conservatism. Then hard-line conservatism changed. NYT
Government shutdown becomes longest in US history: WP reports it breaks the record of 34 days set in President Donald Trump’s first term.
Only Trump can reopen the government. But he’s not in the mood. Ed Kilgore
Reuters: US orders 10% flights cut at major US airports due to shutdown
FAA orders 10% cut in flights at several airports as shutdown drags on: WP reports the Trump administration says the move, which will affect 40 markets, is part of an effort to ease pressure on air traffic controllers.
Bloomberg: US to cut 10% of flights on shutdown, spare international routes
Democrats gird for longer shutdown fight after election sweep: Politico reports bipartisan negotiations continue, but pressure mounted Wednesday to push the 36-day shutdown even longer.
More arrests are made in alleged ISIS ‘pumpkin’ terrorist plot: WSJ reports two New Jersey men have been charged in connection with an alleged plan to attack LGBTQ bars on Halloween.
WSJ: Trader Jeff Yass is giving $100 million to ‘anti-woke’ University of Austin
Why Palantir’s success will outlast the AI exuberance: Its valuation looks bonkers. Its business isn’t. Economist
OpenAI isn’t yet working toward an IPO, CFO says: WSJ reports Sarah Friar says the AI giant could reach break-even quickly and would like government backstop on data-center investments.
Nvidia’s Jensen Huang says China ‘will win’ AI race with US: CEO criticises western ‘cynicism’ while Beijing loosens regulations and cuts energy costs for data centres. FT
Why does so much new technology feel inspired by dystopian Sci-Fi movies? The industry keeps echoing ideas from bleak satires and cyberpunk stories as if they were exciting possibilities, not grim warnings. NYT Mag
Chatbots pose a risk to democracy: AI companies vowed not to support their use for voting choice so why are they recommending parties? Marietje Schaake
Pony ai, WeRide shares sink in Hong Kong debuts as robotaxi battle heats up: Nikkei reports in interview, Pony.ai CEO James Peng says vehicle costs 'will definitely drop further.'
Foxconn to deploy humanoid robots to make AI servers in US in months: CEO: Nikkei reports key Nvidia supplier also plans make the products at Sharp's old LCD plant in Japan.
China’s flying taxi leader aims to launch airport services within 3 years: FT reports EHang says its uncrewed electric aircraft could carry passengers into major Chinese cities for as little as $30.
Saga of Chinese trucking firm exposes US national security gaps: American officials thought they’d secured a deal with TuSimple to protect autonomous-driving technology. It didn’t work. Bloomberg
Sonos hires a Madison Avenue veteran to revive its bruised brand: WSJ reports Colleen DeCourcy joins as chief marketing officer of the audio equipment company, which is looking to claw back revenue and customers after a calamitous 2024.
France says it will ban Shein in row over sex dolls and weapons: FT reports government says it will suspend retailer’s online operations as company opens its first permanent shop in Paris.
Bill Gates’s climate rethinking is a gift to the world: Showing intellectual responsibility, Bill Gates admirably adjusts his stance on climate change. George Will
Cleaning up a coal-fired mess: China’s green-industrial complex makes deep decarbonisation possible, but far from inevitable. Economist
Detroit is back from the dead. But not everyone is feeling it CNN
‘Mr. Scorsese’ portrays a flawed and sympathetic genius: In a new documentary, Rebecca Miller takes the autobiographical echoes in Martin Scorsese’s work seriously — for better and worse. WP
At 89, she’s a top nutrition expert. Here’s what she eats in a day. Marion Nestle’s blunt nutrition advice, sharp criticism of food companies and popular books have made her one of the most recognizable names in nutrition. WP
The day the New York Jets became completely terrible—this time on purpose: WSJ reports the Jets have been a punchline for years. But after a pair of blockbuster midseason trades got rid of two of their best players, it’s clear they’re now actively trying to be bad.
FIFA to award new ‘peace prize’ in Washington next month: FT reports head of football governing body is close ally of Donald Trump, fuelling speculation that US president may be first recipient.
Enjoy the ride + plan accordingly.
-Marc
Marc A. Ross | Chief Communications Strategist @ Caracal
Caracal Daily | November 5
New-model proxy wars: After a relative lull following the end of the Cold War, violent conflicts have proliferated around the world since the turn of the century, and they generally proven to be more protracted than in the past. Among the biggest factors behind this disturbing trend is the rise of interventionist "middle powers." Comfort Ero + Richard Atwood
Trump weighs options, and risks, for attacks on Venezuela: President Trump has yet to make a decision, but his advisers are pressing a range of objectives — from attacking drug cartels to seizing oil fields — to try to justify ousting Nicolás Maduro. NYT
How the US is preparing a military staging ground near Venezuela Reuters
Miami Herald: China backs Venezuela, Trump hints Maduro’s end is near as tensions escalate
Russia open to sending hypersonic missiles to Venezuela: Telegraph reports weapon capable of carrying a nuclear warhead among those that could be dispatched to tackle Trump’s drugs offensive.
One Caribbean leader is going all-out for Trump against Venezuela: Trinidad and Tobago’s prime minister is hosting US warships and cheering strikes on alleged drug boats in a high-risk gamble. WSJ
Reuters: Mexican president dismisses report of possible US military mission inside Mexico
A mayor’s assassination reignites Mexico’s debate over confronting cartels: WSJ reports President Claudia Sheinbaum says the country won’t return to violent war on drug traffickers that some opponents say is necessary.
A narrow Pacific waterway is at the heart of US plans to choke China’s vast navy: The US has deployed troops and anti-ship missiles into the northern Philippines as part of almost continuous, joint war drills throughout the country. One goal is to block the Bashi Channel and deny Chinese warships access to the Pacific Ocean if Beijing launches an attack on Taiwan. As a former Philippine military chief told Reuters: You can’t invade Taiwan if you don’t control the northern Philippines. Reuters
China’s security state sells an AI dream: China’s new national drive to embrace artificial intelligence is also giving the authorities new ways to monitor and control its citizens. NYT
The trade war couldn’t change China’s economy: American hopes for political reform in China faded years ago, and now hopes for economic liberalization are fading too. WSJ
Xi masters the art of the deal over Trump: Their trade truce was welcomed but the Chinese leader is set to wrest the Pacific from the US. Roger Boyes
What Chinese leaders really think of Trump: According to Chinese academics, economists, and retired military officers, the country's leaders are not losing any sleep over Donald Trump's America First agenda. In fact, as they see it, the US president is ushering in a world that Chinese strategists have long been preparing for. Mark Leonard
Trump's 'G2' revival sparks anxiety in Washington and Asia: The president's words hint at coexisting spheres of influence with China. Nikkei
China against China: Xi Jinping confronts the downsides of success. Jonathan A. Czin
China’s Belt and Road Initiative is booming: In a Trump-troubled world, China’s leader still sees opportunities in poor countries. Economist
Japan needs foreign workers. Its far right is turning against them: In the city of Toyota, immigrants help power the economy while facing political backlash. Bloomberg
What will it cost to make Vladimir Putin stop? Europe must offer Ukraine a big enough financial package to deter the Kremlin. Economist
Zelenskyy faces criticism over energy supply as Putin bids to cripple Ukraine’s power grid: Politico reports a former energy boss accuses Kyiv’s leadership of a politically motivated vendetta against him — and acting too late on a plan to guard the sector against Russian attacks.
Ukraine's Zelenskyy visits troops near threatened Pokrovsk: DW reports Russian and Ukrainian troops continue fighting in the ruins of Pokrovsk for control of the strategically valuable logistics hub in Donetsk. Moscow has been trying to capture the settlement for more than a year.
Reuters: EU's frozen-asset funding for Ukraine may need bridging solution, Dombrovskis says
Bloomberg: Poland wants its own drone wall to counter Russian threat
Republicans torch Pentagon over lack of information on European troop drawdown: Politico reports: “The situation needs to improve if we are to craft the best defense policy,” Senate Armed Services Chair Roger Wicker (R-MS) told Pentagon nominees.
Reuters: Republican lawmakers lash out at Pentagon for keeping them in the dark
Kimberly Guilfoyle has officially started as the first woman to serve as US ambassador to Greece.
What can Europe offer a fragmenting world? As the rivalry between the United States and China intensifies, many countries are seeking partners they can trust. The European Union could fill that role by offering economic opportunity, a secure investment environment, and legal systems that are predictable and fair. Ngaire Woods
An EU-Mercosur trade deal looks close to ratification: In a hostile world, Europe and Latin America draw closer. Economist
The Maldives bans smoking for everyone born after 2006: WP reports the country where about a fifth of the population uses tobacco is the first to institute a generational smoking ban.
Nigeria, in Trump’s cross hairs, rejects Christian genocide claims: NYT reports officials have accused the United States of foreign interference and called on Washington to support the country’s democracy instead of fomenting division.
Nigeria rejects US military threat over alleged Christian killings: Politico reports the African nation denied that Christians are being persecuted.
Sudan civil war spiralling out of control, UN secretary general says: Guardian reports António Guterres calls for the violence to end but there appears little appetite for ceasefire proposed by US.
Bloomberg: Sudan army weighs US truce plan as UN condemns violence
As criticism grows, is UAE ready to walk away from Sudan’s RSF militia? Guardian reports after mass killings in El Fasher and four years on from a coup, UAE now admits its Sudan policy has gone wrong.
Sudan: The UAE's shady role and Western nations' 'culpable indifference': Le Monde reports allied with General Hemedti's Rapid Support Forces, the UAE has provided crucial logistical support to the paramilitary fighters who conducted the deadly assault on el-Fasher.
Tanzania's instability could harm trade in southern Africa: DW reports the political unrest in Tanzania could potentially disrupt key trade routes and the landlocked economies in southern Africa that rely heavily on the East African country's ports for essential imports.
Canadian economy struggles amid Trump's trade war: Le Monde reports Canada faces the fallout from the US president's protectionist offensive. To reduce its reliance on its powerful neighbor, Ottawa is banking on a major infrastructure and investment plan.
Carney earmarks billions in new spending to counter US protectionism: G+M reports federal budget projects $78.3-billion deficit and sets out tax incentives, public service cuts.
Canada signals it plans to scrap oil and gas emissions cap: Bloomberg reports the Canadian government has signaled it plans to eventually lift the controversial cap on emissions from the oil and gas sector, doubling down instead on its industrial carbon pricing system to rein in pollution.
Trump and the presidency that wouldn’t shut up: His posts and rants are omnipresent, ugly, and unhinged. Don’t look to history to make it make sense. Jill Lepore
How the US economy has defied doomsday predictions on Tariffs: Inflation is lower than expected after President Trump’s steep levies. WSJ
Majority of Americans say tariffs hurt their family's financial situation, are spending more on groceries and utilities: Poll: ABC News reports that about 7 in 10 Americans are spending more on groceries compared to last year.
From groceries to gas, Americans say they’re spending more under Trump: WP reports the Post-ABC News-Ipsos survey found two-thirds of independents and 92 percent of Democrats blame the president, but only 20 percent of Republicans do.
She voted for Trump three times. Now she is leading a fight against his tariffs. The Liberty Justice Center led by Sara Albrecht is better known for backing right-leaning causes, but it filed the tariff case that will be heard by the Supreme Court this week. NYT
Mystery conservative donors bankroll opposition to Trump’s tariffs: The Supreme Court test of Trump’s power is backed by a group funded without disclosure by wealthy conservatives, highlighting a deep split over import taxes. WP
An Obama-appointed judge's 'roadmap' could help Trump win Supreme Court tariffs case Reuters
What’s at stake as Trump’s tariffs go before the Supreme Court: Refunds, trade deals, and presidential power are all in play. WSJ
Small businesses gear up for tariff fight at Supreme Court: Companies that sell diamonds, plant sensors, and wine all have one thing in common: They are weighing in against tariffs in a consequential case. NYT
Trump vs the toy maker: Tariffs on trial at US Supreme Court: Wednesday hearing looks into whether levies exceed legal authority. Nikkei
How Donald Trump can dodge a Supreme Court tariff block: No matter its ruling, the president has back-up powers. Economist
Lawmakers see hope for ending record-tying shutdown: WSJ reports a frustrated President Trump again demanded that Republicans end the Senate filibuster to bypass Democrats and reopen the government.
ABC News: Department of Transportation might be forced to shut down some airspace next week: Duffy
Duffy warns of air travel ‘mass chaos’ by next week: Politico reports the Transportation secretary said air traffic controllers can’t afford to miss another paycheck.
Trump negotiating with Ozempic maker to sell some weight-loss drugs for $149: WSJ reports the deals would sell some of Novo Nordisk and Eli Lilly’s obesity drugs via TrumpRx and make them eligible for Medicare and Medicaid coverage.
Trump revives billionaire Isaacman’s nomination to top NASA job: Bloomberg reports Trump renominated Elon Musk ally Jared Isaacman to lead NASA on Tuesday, a major about-face just five months after the White House ended his candidacy as relations between Trump and Musk soured.
No politics is local: State and city elections are now heavily intertwined with what happens in Washington. David A. Graham
A ‘perpetual gerrymandering extravaganza’: What was once a once-a-decade occurrence has morphed into a standing political arms race. Politico
CNN: Democrats sweep the first major elections of Trump’s second term
WP: Mamdani wins in NYC; Democrats take NJ, VA governor races
+ Mamdani takes New York’s mayoral race; Sherrill, Spanberger prevail in contests for governor
+ @NBCNews: exit polling on young men (18-29) in VA, NJ, and NYC
VA: Spanberger +14
NJ: Sherrill: +10
NYC: Mamdani +40
NYT: Mamdai seals victory in improbable run
NYP: On your Marx, get set, Zo!
+ Dem socialist Mamdani wins NYC mayoral election as city braces for leftist policies
+ The Uganda-born Mamdani will be the Big Apple’s first Muslim and first socialist mayor, as well as one of the youngest.
NBC News: Zohran Mamdani wins the New York mayoral race
+ Mamdani will be the youngest New York mayor in a century, NBC News projects, after a rapid rise past Andrew Cuomo and other opponents.
NYT: New York mayor’s race draws highest turnout since 2001
FT: Mamdani wins NYC as Democrats sweep key races in blow to Trump
WSJ: Zohran Mamdani takes NYC as Democrats win key races
The meaning of Zohran Mamdani: Will the New York mayoral favourite be a boon to the Democratic party, or a millstone around its neck? FT
Wall Street couldn’t prevent Mayor Mamdani. Now it has to work with him. WSJ reports some leading figures of financial world spent millions to elevate other candidates in New York City mayoral race.
Mamdani is a gift, which Trump should unwrap carefully: You couldn’t design a better far-left foil. But his voters’ frustrations are real and serious. Gerard Baker
NYT: Democrat wins NJ governor’s race over Trump-backed opponent
WP: Abigail Spanberger to be Virginia’s first female governor
+ @DefenseBaron: Wow —> “No woman has led Virginia since its colonial government was formed 406 years ago and since Patrick Henry became the first governor of the independent state in 1776.”
The Hill: Hashmi wins Virginia lieutenant governor’s race, will be first Muslim woman in statewide office
+ @FrankLuntz: Every single county in Virginia shifted blueward tonight:
AP: California voters approve new US House map designed to boost Democrats in 2026, aiming to blunt GOP changes elsewhere
DETROIT-MAYOR: Mary Sheffield wins Detroit mayoral election.
+ @freep: BREAKING: Detroit City Council President Mary Sheffield made history Tuesday night, Nov. 4, becoming the city's first woman mayor in an election she led from start to finish.
WLWT: Afrab Pureval reelected Cincinnati mayor, defeating half-brother of JD Vance
+ @AP: BREAKING: Democrat Aftab Pureval wins Cincinnati mayoral election over Cory Bowman, half-brother of Vice President JD Vance.
In the US, young Democrats' rebellion spreads across many states: Le Monde reports New York, Maine, Missouri, Florida, Texas… In opposition to candidates backed by the party leadership, progressive youth are striving to bring forward a new generation of elected officials, focusing on economic and social issues.
LAT: Sen. Alex Padilla (D) says he won’t run for California governor
The secretive donor circle that lifted JD Vance is now rewriting MAGA’s future: Chris Buskirk put tech elites at the center of power in Trump’s Washington. His efforts are grounded in a controversial theory: An “aristocracy” is needed to move the country forward. WP
It’s been a year since Trump was elected. Democrats still don’t get the internet: “I can’t, for the life of me, figure out why we are still so rigid and moderating everything when we have nothing to lose for the first time,” a Democratic digital strategist tells Wired. Wired
The rise and fall of Stacey Abrams’s political machine: The New Georgia Project, her get-out-the-vote group, has folded. Economist
Waiting, impatiently, for 2028: An extremely early, surely premature analysis of who might win the Democratic presidential primary. Ben Terris
Dick Cheney, powerful vice president during war on terrorism, dies at 84: After 9/11, he used his role as President George W. Bush’s chief strategist to approve the use of torture and steer US occupations of Afghanistan and Iraq. WP
Dick Cheney, powerful former vice president who served four Republican presidents, sies at 84: National-security hawk was an architect of the post-9/11 US war on terror. WSJ
Dick Cheney, former US vice-president, 1941-2025: Influential politician was an apostle of unilateralism and among the strongest voices urging the US invasion of Iraq. FT
There was one Dick Cheney all along: The end of the former vice president’s career reflected its beginnings. David Frum
A decade of dramatic GOP change since Paul Ryan became speaker: Ten years after Ryan’s ascension, there’s little of the former speaker’s traditional conservatism remaining in today’s House Republican caucus. WP
Laura Loomer is now credentialed to cover the Pentagon.
MS … NOW? As MSNBC rebrands, a $20 million effort to avoid confusion. NYT reports that after three decades, the MSNBC brand will be retired on Nov. 15. The network has called in Rachel Maddow to help viewers make the transition.
Bloomberg: US utility lobbying jumps 14% amid AI boom, clean energy turmoil
NRA furloughs staff as it prepares to rebuild ahead of 2026: WP reports the once-mighty gun rights group is trying to balance its books after years of misspending.
Britain’s quantum software start-ups might be giants: Companies such as Phasecraft and Riverlane will need to be brave to remain independent. John Gapper
Bloomberg: Apple prepares to enter low-cost laptop market for first time
AI is the bubble to burst them all: I talked to the scholars who literally wrote the book on tech bubbles—and applied their test. Wired
AI stocks waver as ‘Big Short’ investor bets against Palantir, Nvidia: WP reports Michael Burry drew the ire of Palantir CEO Alex Karp after disclosing his bets against the artificial intelligence giants.
The AI revolution will bring prosperity: The growth of industry disrupted old economic patterns but produced undreamed-of wealth. Phil Gramm + Michael Solon
AI and the coming white-collar political upheaval: Manufacturing job losses in the 2000s affected politics. Disruptions to desk jobs will too. William A. Galston
Will AI kill the firm? For centuries, the firm has organized economic life, translating human labor into value through hierarchy and routine. But as agentic AI begins to perform the managerial work of coordinating and decision-making, the institutions that once defined modern capitalism are starting to give way. Sami Mahroum
US races to train tech workers for manufacturing, but will AI get the jobs first? Immigration issues and China competition further complicate Trump's vision of an industrial revival. Nikkei
Is it man or machine? The rise of AI-generated reviews is making it harder to spot the online fakes: Analysis of Canadian industries by an AI-detection firm finds that machine-made reviews are suspected in up to 35% of marketing posts, and experts says it’s increasingly difficult to filter out the phoneys. Toronto Star
Tesla is obsessed with Musk’s pay package. Musk is obsessed with AI. Focus on winning tech arms race leads to long hours at xAI; employees turned over biometric data to develop controversial avatars. WSJ
Right-wing chatbots turbocharge America’s political and cultural wars: Once pitched as dispassionate tools to answer your questions, AI chatbots are now programmed to reflect the biases of their creators. NYT
China is building the future: The United States can learn from its technological success. Eric Schmidt + Selina Xu
Reuters: China's Xi pushes for global AI body at APEC in counter to US
Bloomberg: Amazon demands Perplexity stop AI tool from making purchases
Everyone hates ‘Friend,’ the AI necklace. But the AI isn’t the problem. A wearable companion is a brilliant idea — in theory. NYT Mag
Bloomberg: Australia widens under-16 social media ban to include Reddit
Portugal has plenty of tourists. Now it wants data centers: Investment around the town of Sines totals almost 5% of GDP as the country seeks to retool its economy for the 21st century. Bloomberg
What happened when small-town America became Data Center, USA: Residents, politicians, and local agencies are making the most of the tech boom, but prosperity comes with costs; ‘What’s going to happen once they stop building?’ WSJ
Nippon Steel to mass-produce high-grade steel for US data centers: Nikkei reports investment made in new plant facilities to meet rising demand from tech giants.
US Steel details plans to invest $11 billion by 2028 across all business segments: AP reports the announcement comes just five months after Nippon Steel finalized a “historic partnership“ with the Pittsburgh steelmaker in a deal worth nearly $15 billion. That deal included a “golden share” provision that gave the federal government the power to appoint a board member and a say in some company decisions.
New lawsuit alleges Spotify allows streaming fraud: AFP reports a new lawsuit alleges streaming giant Spotify turns a blind eye to vast networks of bots that inflate streaming figures to benefit megastars such as Drake at the expense of lesser-known artists.
Bank of America 3.0? Moynihan set to pitch strategy refresh to investors: Sprawling lender’s longtime chief will convene the first investor day in 14 years. FT
The Amazonification of Whole Foods is finally here—bring on the Doritos: WSJ reports Amazon is shaking up the natural-foods grocer with robots in the backroom and Pepsi outside the exit in its push for a bigger slice of the supermarket business.
How New York became a nightmare for Airbnb: For the past two years, short-term tourist rentals have effectively been banned in the American metropolis as the result of a massively complex regulatory overhaul. The platform is now hoping, without much optimism, to see the rules eased after the municipal elections on Tuesday. Le Monde
Has Airbnb reached its peak? Brian Chesky, its boss, wants to offer more than just a bed to sleep on. Economist
New York City restaurateur Danny Meyer coming to Hudson's Detroit: Detroit News reports that one of New York City's top chefs and restaurateurs, Danny Meyer and his Union Square Hospitality Group, announced on Thursday that they will be joining Hudson's Detroit in 2026.
The great friendship flattening: Relationships are getting lost in the sauce of everything else on your phone. Julie Beck
Louis CK doesn’t need everyone to like him: The comedian, who this month releases a coming-of-age debut novel, on rebuilding his career, why he doesn’t believe in comedy as therapy and what it’s like to be ‘a secret superstar.’ WSJ
ESPN: Tom Brady says his dog is a clone of family's previous pet
Toronto Star: Jays vs. Dodgers World Series finale was largest international broadcast operation in the history of the sport, MLB says
Padres ace Darvish to miss 2026 MLB season after surgery: AFP reports San Diego Padres pitcher Yu Darvish said Tuesday he will miss the entire 2026 Major League Baseball season after undergoing surgery to repair injured tendons in his elbow.
Arise, Sir David! Beckham receives knighthood at Windsor Castle: The Times reports the former England captain was recognised for his services to sport in the King’s birthday honours.
AFP: LIV Golf switching to 72-hole format in 2026: official
Enjoy the ride + plan accordingly.
-Marc
Marc A. Ross | Chief Communications Strategist @ Caracal
Caracal Daily | November 4
Supreme Court confronts Trump and his tariffs in test of presidential power: The justices face a so-called legitimacy dilemma as they deal with a tricky legal dispute and a president who has made clear he would view defeat as a personal insult. NYT
Businesses press Supreme Court to strike down Donald Trump’s emergency tariff power: About 40 briefs have been filed challenging signature policy ahead of showpiece hearing. FT
Reuters: Supreme Court cannot stop all of Trump's tariffs. Deal with it, officials say
CNN: Big business sits out the Supreme Court fight over Donald Trump’s tariffs
Presidential power and the Supreme Court’s own stature ride on this case: The momentous tariffs case will undermine or buttress the Constitution’s separation of powers. George Will
Lessons from Trump’s China trade war: Beijing fought back, and it’s hard to see what tariffs achieved for the US. WSJ-Editorial
Trump’s China trade policy is a hot mess Thomas Friedman
The US had the spotlight, China stole the show Karishma Vaswani
US-China escalation is here to stay: The latest Trump-Xi deal won’t easily mend the faultlines that have opened between Washington and Beijing. Sarah Beran
American farmers want fair trade, not handouts: Relief payments and Chinese promises won’t make up for Trump’s tariff damage to agriculture. Mark Heckman
Tariffs on pasta from Italy could soon soar to more than 100%: WP reports a routine Commerce Department probe into alleged “dumping” has resulted in threats of crushing tariffs on Italian pasta that have left exporters shouting “Basta!”
Toronto Star: Doug Ford says he rejected two Mark Carney requests to pull anti-tariff ad
Philippines and UAE apply to join CPTPP to counter Trump tariffs: Nikkei reports Trans-Pacific trade bloc set to grow as global economy faces fragmentation risk.
Japan's defense forces hold live-fire anti-drone training in US: Nikkei reports Tokyo looks to high-power lasers and microwaves as countermeasures.
Reuters: Hegseth visits DMZ ahead of talks on US troops in South Korea
Vietnam is building islands to challenge China’s hold on a vital waterway: WSJ reports the contested South China Sea boasts rich oil and gas reserves and could play a key role in a conflict over Taiwan.
China to extend visa-free policy for Japan until end of 2026: NHK reports China's government says it will extend its visa-free entry policy for Japanese visitors until the end of next year.
China started separating its economy from the West years ago: Two decades of sustained effort to build national self-reliance and minimize imports have antagonized trade partners but fortified what a senior adviser called Beijing’s “bulwark” against conflicts. NYT
How a little Chinese island rose to global chemical dominance: A parable of China’s industrial supremacy. Economist
The state of AI: Is China about to win the race? The world is focused on America’s lead, but Beijing has the means, motive, and opportunity to pull ahead. FT
Trump officials torpedoed Nvidia’s push to export AI chips to China: WSJ reports president decided not to discuss matter with Xi after aides opposed company’s request.
US allows Microsoft to ship Nvidia AI chips to use in UAE for first time: FT reports the commerce department approval paves way for huge new investment in AI and cloud infrastructure in Middle East.
Trump threat of military action in Nigeria prompts confusion and alarm: WP reports Trump also warned of aid cuts over alleged attacks on Christians, though an adviser to Nigeria’s president dismissed the remarks as a negotiating tactic.
Reuters: Nigeria says US help against Islamist insurgents must respect its sovereignty
Bloomberg: Trump’s Military Threat Doesn’t Reflect Reality of Violence in Nigeria
WP: A kidnapping in Niger tests Trump promise to bring all Americans home
Sudan: ICC warns el-Fasher atrocities could be 'war crimes': DW reports the Red Cross said that history is repeating itself in Sudan's Darfur region following reports of mass killings in the city of el-Fasher. The ICC said it was collecting evidence as part of its investigation into the war.
BBC: Israeli military's ex-top lawyer arrested over leak of video allegedly showing Palestinian detainee abuse
Reuters: Ukraine to set up arms export offices in Berlin, Copenhagen, Zelenskiy says
Argentina is on a path to economic success: While many commentators have criticized Argentine President Javier Milei's draconian approach to economic reform, the results of the October legislative election show that the Argentine people would prefer short-term economic pain over a return to Peronist policies. Milei now has a clear path to finish what he started. Nouriel Roubini
Milei plans Miami trip for global summit with Trump, Messi: President Javier Milei will make his 14th trip to the United States since taking office midweek; He will attend America Business Forum, where he will meet Trump, Messi, and other global figures. BAT
Trump administration is planning new mission in Mexico against cartels, current and former US officials say: NBC News reports the new operation would include US troops on the ground in Mexico striking drug labs and cartel leaders, according to current and former US officials, though a deployment is not imminent.
The big lie behind Trump’s boat strikes: The Trump administration is training the press and the American people to associate the military strikes on small boats in international waters with stopping the flow of fentanyl and other drugs. This mendacity is a prime example of the falsehoods that imperialists tell before launching doomed wars of aggression. Timothy Snyder
Trump’s violent new Monroe Doctrine: US airstrikes in the Caribbean reflect President Donald Trump’s view of intra-American relations as hierarchical. Whereas previous US presidents tried to reconcile Woodrow Wilson’s idealism with Theodore Roosevelt’s realism, Trump merges both impulses into a single, volatile creed: exceptionalism without responsibility or restraint. Ana Palacio
Trump’s new world order: If you think he’s an isolationist, you’re wrong. He aims to reshape the globe. Walter Russell Mean
The imperial aesthetic at the heart of Trump’s presidency: In addition to his accumulation of political power, President Donald Trump has embraced visual cues designed to project personal command and grandeur. WP
WP: Report: Donors to White House ballroom have $279B in federal contracts
Reuters: US economy at risk of wobble as lower-income consumers get squeezed
AP: Government shutdown could become longest ever as Trump says he ‘won’t be extorted’ by Democrats
+ Speaker Mike Johnson said Monday that GOP leaders are discussing ways to deal with the rapidly approaching Nov. 21 expiration date of the continuing resolution that passed the House last month and is now stalled in the Senate.
Trump admin will partially fund November SNAP benefits: Politico reports the move comes after a federal court ordered USDA to use emergency money for the nation’s largest food aid program during the government shutdown.
Trump administration says it is paying out half of November’s SNAP benefits: WP reports the administration said it will release funds to pay for a half-month’s worth of food assistance benefits in November, days after two courts ordered the US Department of Agriculture to release the money to avoid driving nearly 42 million Americans into food insecurity.
Trump admin quietly funds some nutrition aid for low-income moms and babies: Politico reports officials moved $450 million in emergency funds for the Special Supplemental Nutrition Program for Women, Infants and Children on Friday.
AP: Some Head Start preschools shutter as government shutdown continues
Reuters: US government shutdown worsens financial woes for court-appointed defense lawyers
How the shutdown is laying the groundwork for Democrats in 2026: MSNBC reports Democrats have positioned the one issue where they have an advantage at the forefront of the midterms.
The new right’s new antisemites: Kevin Roberts of the Heritage Foundation flounders in the Tucker Carlson-Nick Fuentes fever swamps. WSJ-Editorial
Elections this week will show how unpopular Donald Trump really is: New York will make headlines. But keep an eye on New Jersey and Virginia, too. Economist
Trump’s gains with Latinos face a test Tuesday in this key New Jersey county: WP reports Trump flipped Passaic County in New Jersey last year. Now Democrats hope to capitalize on backlash to his administration in Tuesday’s gubernatorial election.
US Democrats, defeated by Trump a year ago, grapple with a grassroots rebellion: As Tuesday's special elections approach, the party is fractured, with no clear leader or unified message, as activists push for new priorities and a shake-up of its entrenched establishment. Le Monde
Mamdani is benefitting from New York City’s changing workforce Allison Schrager
Zohran Mamdani’s success is a warning: How did a socialist with almost no governing experience become New York’s mayoral frontrunner? WP-Editorial
NYC-MAYOR: In a record-setting early-voting period, more than 735,000 New Yorkers cast ballots in the race for the city’s next mayor, braving long, meandering lines outside polling stations.
Your summer weekend in Nantucket is on this year’s ballot: Residents of the beloved tourist destination are split over just how long visitors can stay. WSJ
The 25 young(ish) new Democrats to watch: We talked with dozens of party operatives to identify the most promising politicians of the next generation. NY Mag
WSJ: Jon Stewart to stay at ‘The Daily Show’ through 2026
Netflix is in talks to license video podcasts from iHeartMedia: The streaming service is looking to beef up its video podcast offerings and already signed a deal with Spotify. Bloomberg
Can’t Look Away: A film on the dangers of social media: Directed by Matthew O’Neill and Perri Peltz and based on Bloomberg News’ investigative reporting by Olivia Carville, Can’t Look Away exposes the real-world consequences of tech companies’ digital practices and widespread concerns over harmful algorithms. Bloomberg
Bloomberg: Starbucks sells 60% stake in China unit to Boyu for $4 billion
Bloomberg: Hooters founders start ‘re-hooterization’ with original garb
Sex dolls, boycotts, protests: Furor in France as Shein opens Paris store: Tensions escalated after French regulators discovered the Chinese-founded retailer was selling child-like sex dolls on its platform. WSJ
France threatens to block Shein over 'childlike' sex dolls: DW reports Shein has removed listings for sex dolls after French authorities flagged the presence of "childlike" sex dolls on the online store. France's economy minister said "boundaries have been crossed."
Kimberly-Clark strikes $40 billion deal for Tylenol maker Kenvue: WSJ reports the deal, one of the biggest so far this year, marks a short, rocky term of independence for Kenvue. Its shares soared, while Kimberly-Clark’s slumped.
Bloomberg: Ex-cybersecurity staffers charged with moonlighting as hackers
Bloomberg: Palantir hikes sales forecasts after record stock run-up
Nvidia targets factories as next step for corporate AI: Corporate adoption of AI technology has faced challenges, but demand is picking up, according to a top Nvidia enterprise AI executive. WSJ
Bloomberg: Nvidia can hit $8.5 trillion on ‘golden wave’ of AI, loop says
Bloomberg: Amazon inks $38 billion deal with OpenAI for Nvidia chips
OpenAI strikes $38bn computing deal with Amazon: FT reports lossmaking start-up commits to spending close to $1.5tn as it gobbles up processing power.
Is OpenAI becoming too big to fail? Sam Altman’s ability to intertwine the startup throughout major tech players puts it at the nexus of a vital part of the US economy. Tim Higgins
+ @MorningBrew: OpenAI deals this year (@KobeissiLetter):
• Stargate - $500 billion
• Nvidia - $100 billion
• AMD - $100 billion
• AWS - $38 billion
• Intel - $25 billion
• TSMC - $20 billion
• Microsoft - $13 billion
• Broadcom - $10 billion
• Oracle - $10 billion
Total Value: $816 billion
Bloomberg: Microsoft vows to spend $8 billion in UAE through 2029 on cloud, chips
Bloomberg: Microsoft signs $9.7 billion deal with data center firm IREN
Apple Watch data teamed with AI reveals heart damage: FT reports researchers say advance could make early screening for structural heart disease possible on a large scale.
Coca-Cola injects ‘Holidays Are Coming’ ads with an upgraded dose of AI: WSJ reports ‘Holidays Are Coming’ faster and cheaper for the soda giant, which caught heat last year for its AI-generated ads.
Google’s first AI ad avoids the uncanny valley by casting a turkey: WSJ reports the search giant becomes the biggest name yet to generate an ad entirely with its Veo 3 and other artificial-intelligence tools.
AI is co-writing financial reports. Here’s why that matters. The technology’s use in producing annual and quarterly filings—even with the requisite human oversight—raises questions of transparency and trust. WSJ
You don’t need to swipe right. AI is transforming dating apps. Meet your artificial intelligence matchmakers. These AI tools are changing dating apps, so users don’t have to swipe through an endless scroll of profiles. NYT
Will AI make dating apps better—or even worse? Tinder, Hinge, and Bumble are betting big on the technology. Economist
The human cost of Xiaomi’s rapid pivot from smartphones to EVs: China’s tech companies are pushing staff to work longer hours as they seek to dominate new markets and compete with US firms. Bloomberg
The microchip era is about to end: The future is in wafers. Data centers will be the size of a box, not vast energy-hogging structures. George Gilder
$615,000 a day: Order to keep coal plant open ignites debate in Michigan: Some consider the lakeside power station a dinosaur, while others hope to attract a data center. WSJ
Russia sees Southeast Asia as next destination for small nuclear reactors: Nikkei reports Moscow aims to capture 20% of growing market by 2030.
Rare-earth magnet startups seal $1.4 billion deal with Trump administration: WSJ reports the agreement with Vulcan Elements and ReElement Technologies is a strong sign the Pentagon is intent on building a supply chain to reduce China’s control.
How a 1975 storm reached its peak fury on Lake Superior, dooming the Edmund Fitzgerald Detroit Free Press
I trained for the marathon with artificial intelligence. But the suffering was real. Four months ago, a WSJ reporter turned to ChatGPT to coach her for the New York City Marathon. Here’s how her race day unfolded. WSJ
Bloomberg: About 45% of Canada watched Toronto’s dramatic World Series loss
Did the Blue Jays blunder a World Series with a bunt? Thoughts after a riveting Game 7: The bunt police swarm after Toronto, an epic from Yoshinobu Yamamoto, the end of home field advantage, and are the Richie Rich Dodgers sort of…likeable? Jason Gay
The NFL’s new Brady-Manning debate: With five wins apiece from 10 career meetings, Josh Allen and Patrick Mahomes have become a modern answer to the quarterback question that shaped the league for a decade. But when it comes to the playoffs, their rivalry is more of a walkover. WSJ
Woke football stickers are going viral in Britain: The sport is becoming a battleground in Britain’s culture war. Economist
Enjoy the ride + plan accordingly.
-Marc
Marc A. Ross | Chief Communications Strategist @ Caracal

