Good morning! On this date in in 1959, Rod Serling’s “The Twilight Zone” debuted on CBS. Even today, the four notes of its theme song are instantly understood as a signal that something strange is happening. Here’s the show’s classic intro.
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McCarthy’s Job at Risk After Shutdown Averted
The House and Senate averted a government shutdown at the last minute Saturday by agreeing to a temporary spending bill to keep the government operating for 45 more days. It doesn’t include funding for Ukraine, which Democrats wanted.
Nonetheless, the bill passed in the House largely with the support of Democrats, cutting out Republicans opposed to the deal. Rep. Matt Gaetz, one of the most outspoken of the GOP opponents, vowed to move this week to oust Speaker Kevin McCarthy.
Meanwhile, McCarthy’s allies in the House say they’re preparing a motion to expel Gaetz over ethics issues. The GOP has a slim majority in Congress, and it requires a two-thirds majority to expel a member.
Baseball Playoff Field Set
Baseball’s regular season officially ended Sunday, and all 12 playoff teams have been decided. The post-season playoffs begin Tuesday, leading to the World Series on Oct. 27. The full playoff schedule is here.
The first round of playoffs is a best-of-three series to determine which wild card teams move forward. The four teams with the best records get byes for this round: the Braves, Dodgers, Astros, and Orioles.
The Atlanta Braves are the current betting favorites at +260 to win the World Series, their second in three years, followed by the Los Angeles Dodgers at +420 and the Baltimore Orioles at +700.
Here’s What the Top 1% Make in Every State
How much salary is needed to be in the top 1% of earners in your state? In one, it’s nearly $1 million. But in another, making $380,000 would qualify for the top 1%.
A new analysis by SmartAsset shows the distribution of income of the top 1% by every state in the U.S. and ranks the top and bottom 10 in terms of income needed.
Connecticut, essentially a residential suburb for New York City, is No. 1 at $952,000. The lowest threshold is in West Virginia, at under $400,000. Check the map to see where your state ranks.
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➤ N.Y. Democrat Jamaal Bowman has come under heavy criticism for pulling a fire alarm while Democrats tried to delay a vote on the government spending bill. He says he mistakenly thought pulling the alarm handle would open the door. (See Photo)
➤ The Supreme Court opens its term today to tackle cases involving gun rights, the power of federal agencies, social media regulation, and more over the next nine months. (See Pending Cases)
➤ Oprah Winfrey and Meghan Markle have been floated as possible Senate replacements to fill out the late Dianne Feinstein’s term. Gov. Gavin Newsom has said he would appoint a Black woman. (More)
➤ The police chief who led a raid of a small Kansas newspaper has been suspended, the town’s mayor said. The August raid of the Marion County Record’s office and the publisher’s home were sharply criticized. (More)
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➤ Europe beat the U.S. in the Ryder Cup golf competition, never letting up after taking a big lead the first day. But the real fireworks came Saturday when Rory McIlroy had angry words on the 18th green over hat-waving with Patrick Cantley’s caddy. (See Video)
➤ Colorado lost to USC by one touchdown Saturday, raising questions about USC’s future and praise for Colorado quarterback Shadeur Sanders. The AP Coaches Poll showed the rankings largely unchanged, with Georgia still No. 1. (See AP Poll)
➤ A Louisiana Tech linebacker was suspended indefinitely for stomping on a tackled player’s head after the play ended. The school said it wouldn’t tolerate that kind of conduct. (See Video)
Market Report Previous Week
▲
NASDAQ Natl. Assoc. of Securities Dealers Automated Quotations
13,219.32
+0.14%
▼
SPX S&P 500
4,288.05
–0.27%
▼
DJI Dow Jones Industrial Average
33,507.76
–0.47%
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BTC Bitcoin
$28,034.0
+0.09%
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GPCR Structure Therapeutics Inc.
$50.42
+34.56%
➤ UPS plans to hire 100,000 seasonal workers this fall to help with holiday shipping. The workers will be covered by the new Teamsters contract and will make between $21 and $23 an hour. (More)
➤ Major British retailers are demanding the U.K. government take action against rising retail crime that’s doubled since 2020. The British stores include Sainsbury’s and Marks & Spencer. (More)
➤ Beyoncé is taking a page from Taylor Swift and is planning to release a movie version of her “Renaissance World Tour” this year. Like Swift’s “Eras” tour movie, the film would be distributed exclusively through AMC Theaters. (More)
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If you missed out on investing in Ring early on, you’re not alone! The founder of Ring pitched on the hit show Shark Tank at a valuation of just $7 million and the sharks shut him down.
5 years later, the company sold to Amazon for more than $1 Billion. Turning the 10% stake initially offered to the sharks from $700K into $100M!
➤ Japan is deploying mechanical “monster wolves”to deter bears from entering urban areas. The robot wolf rolls on a wheeled device and has gleaming red eyes, bared fangs, and emits screeching howls. (See Video)
➤This weekend’s Harvest Moon, the last supermoon of 2023, caught the eyes of photographers worldwide. Here’s a look at some of the best photos. (See Photos)
➤ The Mars rover Perseverance captured video of a dust devil moving across the rim of the Jezero Crater from a few miles away. The twister was about 200 feet wide. (See Video)
➤The 2023 Nobel Prizes will be announced over six days this week, beginning Tuesday with the awarding of the Nobel Prize for physics. The award money for each category is a little over $9 million. (More)
➤ Be alert! Your phone will blare a national emergency alert on Wednesday at 2:20 p.m. as a test of the National Wireless Emergency Alert system. You’ll get a vibrating text and a jarring alarm. (More)
➤ This is the week that TV talk shows start returning to television and new TV series’ scripts start being written again, now that the writers’ strike is over. (See Schedule for Returning Shows)
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➤ How should you position your stock portfolio for the current market environment? Find out by subscribing to The Average Joe — a free 3x weekly newsletter covering market trends, news and analysis. Join with one click!
➤ A retired Australian couple has spent nearly 500 days sailing around the world on cruise ships because they say it’s cheaper than paying for a retirement home. The couple have so far been on 51 back-to-back cruises. (See Photos)
➤ Elon Musk posted a slow-motion video showing him “hip-firing” a Barrett .50 caliber rifle in a grassy field. It immediately went viral, racking up 66 million views in less than 24 hours. (See Video)
➤ A dog driving a car was caught on camera in Slovakia happily zooming past the speed limit. Police were dumbfounded when they saw the traffic photo and fined his owner, who claimed the dog jumped on his lap. (See Photo)
Some Republicans want a vote this week to remove Kevin McCarthy as House Speaker. Do you believe McCarthy should be replaced?