US October deficit hits $404 billion record
The US budget deficit set a record in October at $404 billion, as spending rose and revenue fell. Separately, an attack in southern Iran weighed on risk assets.
1 h ago2 min read
Trump open to week-long Cuba campaign, hints at Iran force
Trump says he would consider a week-long military campaign against Cuba and may use force against Iran.
12/11/2026 21:012 min read
- Trump stated he aims to āget Cuba doneā prior to the end of his tenure
- Would entertain using āa little bitā of military action
- Declared he will not hold back from deploying military force against Iran if required
The approach appears to be sustaining the blockade of Cuba, though Trump's tendency to improvise makes outcomes uncertain.
Separately, the United States conducted strikes on Iran today, with low-level attacks continuing. Senator Tim Kaine announced he is preparing a measure to terminate the Iran conflict, which he will push to attach to a Dec. 11 stopgap funding bill.
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