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Today’s Rundown:
- CHARLIE KIRK SHOOTER STILL AT LARGE AS SEARCH ENTERS DAY 3: Investigators say the gunman who fatally shot Charlie Kirk at Utah Valley University has not been caught. Police released new surveillance video and said a $100,000 reward is on the table for tips. Officials also said they recovered what they believe is the murder weapon and have received thousands of leads. Utah’s governor vowed to seek the death penalty if the killer is caught and convicted. The FBI and state authorities are urging the public to share any information.
- TARIFF HAUL TOPS ~$30B IN AUGUST UNDER ‘RECIPROCAL’ POLICY: U.S. customs duties hit a record near $30 billion in August, the first full month of President Trump’s “reciprocal” tariffs. Treasury’s Monthly Treasury Statement shows customs receipts soaring compared with last year. The jump helped narrow the monthly deficit, even as overall outlays stayed high. Analysts note legal risks remain as courts review parts of the tariff program, which could force refunds. Markets and trade groups are watching for a Supreme Court ruling this fall.
- 30-YEAR MORTGAGE RATE FALLS TO 6.35%, LOWEST IN NEARLY A YEAR: Mortgage rates dropped sharply, with the average 30-year fixed at 6.35% this week. That’s the biggest weekly decline in a year and the lowest level since last fall, according to Freddie Mac. Cheaper borrowing costs sparked a jump in mortgage applications, especially refinances, in the latest MBA survey. The move follows falling Treasury yields and expectations of a Fed rate cut. Buyers and sellers may see more activity if rates keep easing.
- PARAMOUNT–SKYDANCE LINES UP ELLISON-BACKED BID FOR WBD: Paramount Skydance is preparing a majority-cash offer to buy Warner Bros. Discovery, per multiple reports. The bid would be backed by the Ellison family and cover all of WBD’s assets, from HBO and CNN to the film studio. News of the plan sent WBD shares soaring, though no formal offer has been submitted. Any deal would face heavy antitrust scrutiny and complex financing needs. It would also reshape the streaming landscape by tying Max to Paramount+.
- MADISON CAWTHORN ARRESTED IN FLORIDA AMID COMEBACK BUZZ: Former Rep. Madison Cawthorn was arrested in Cape Coral after failing to appear in a traffic case, officials say. He was booked and released the same day on a $2,000 bond, according to local records. The warrant stemmed from an August charge for driving with a suspended or revoked license in Collier County. The arrest comes as he signals interest in a political return in Florida’s 19th District. His team called it a scheduling mistake.
- THREATS TRIGGER LOCKDOWNS AT MULTIPLE HBCUS: Several historically Black colleges and universities ordered lockdowns or canceled classes after receiving threats. Campuses named by officials and local outlets include Alabama State, Hampton, Virginia State, Southern University, Bethune-Cookman and schools in Atlanta’s AUC. No credible explosive devices were found, but security was tightened while police investigated. The wave of threats echoes a spate of hoaxes that hit HBCUs in 2022. Students and leaders condemned the intimidation and urged swift accountability.
- JOHN CENA’S MSG FAREWELL DRAWS EYE-WATERING TICKET PRICES: WWE confirmed John Cena’s final MSG appearance for Nov. 17, and early listings show premium seats costing four figures. Ticketmaster and venue pages promote the event, while wrestling outlets tracking prices report VIP “Ringsider” packages near $3,000 and floor seats over $800. Even upper-level seats are well above $200 during presale. High demand and dynamic pricing are fueling the surge as Cena’s retirement tour winds down. Fans say the cost is squeezing budgets, even for nosebleeds.
- GENDER PAY GAP WIDENS FOR SECOND STRAIGHT YEAR: New Census data show full-time working women earned 80.9 cents for every dollar men earned in 2024. That’s down from 82.7 cents in 2023, marking a second consecutive year of slippage. Reporters note men’s earnings rose faster than women’s, widening the gap. The overall picture: household incomes were flat after inflation, and inequality persisted. Advocates say policy changes are needed to reverse the backslide.
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