Good morning! On this date in 1908, the first Model T car built for sale by Henry Ford was completed at Ford’s Piquette Plant. Production began with a trickle — just 11 Model Ts were built that October — but it soon became a flood. (See Photo)
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Second GOP Debate Missing Trump
The second GOP presidential debate is tonight on Fox from 9-11 p.m. ET, and the only change in the lineup is that Asa Hutchinson didn’t qualify. Donald Trump, as before, chose not to participate.
Ron DeSantis will stand center stage for tonight’s debate, flanked by Nikki Haley and Vivek Ramaswamy. Next will be Chris Christie and Tim Scott, and on the outer wings will be Doug Burghum and Mike Pence.
All seven candidates are trailing Trump in the polls by a wide margin, and some strategists predict that at least one of the candidates will take on Trump directly to try and break out of the pack.
Biden Joins Picket Line, Tells Union “Stick With It”
President Biden became the first president ever to join striking autoworkers on a picket line, saying he endorsed the United Auto Workers demand for a 40% pay raise and urging them to “stick with it.”
Past presidents have preferred not to take sides in order to have influence with both management and labor, but Biden’s team wants to show union support ahead of today’s visit to Detroit by Donald Trump, who will also speak to union workers.
Trump won’t join the picket lines but will speak at an event Wednesday night, just before the GOP debate. He blames Biden’s policies pushing electric cars as one of the causes of the strike.
California Tops Sales Tax Rankings
A Tax Foundation analysis ranks the ten states with the highest sales tax and the ten with the lowest, including five states that charge no sales tax at all.
Every state has a different policy on sales tax, which can range from zero to over 7%, and that’s before adding in local sales tax, which can bring the total to as high as 12.65%.
To see where your state falls, here’s a map illustrating the level of sales tax in every state.
➤ A judge ruled Tuesday that Donald Trump was liable for overvaluing his real estate assets and exaggerating his net worth. The ruling came as part of an ongoing civil lawsuit filed by New York Attorney General Letitia James. (More)
➤ Hunter Biden filed another lawsuit, this time suing Rudy Giuliani and Giuliani’s lawyer for violating his privacy by revealing the data found on his abandoned laptop. He called it a “total annihilation” of his digital privacy. (More)
➤ The House Oversight Committee is investigating a recent trip by Energy Secretary Jennifer Granholm. A family accused Granholm’s staff of deliberately blocking a vehicle charging station so she could use it — and they couldn’t (More)
➤ Mayor Max III, the dapper golden retriever elected mayor of unincorporated Idyllwild, CA, celebrated his first anniversary in office. His chief of staff (and owner) says he’s the only politician who can close his mouth on command. (See Photos)
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➤ Kansas City tight end Travis Kelce saw a nearly 400% spike in jersey sales after his linkup with Taylor Swift. Thanks to Swift’s enormous fame, Kelce is now one of the top 5-selling NFL players. (More)
➤ Philadelphia Phillies rookie pitcher Orion Kerkering threw his first major-league strikeout in front of his dad, who was overcome with emotion in the stands. (See Video)
➤ The Cincinnati Bengals snapped their losing streak, beating the Los Angeles Rams 19-16 on Monday Night Football. In the second MNF game, the Philadelphia Eagles easily beat the Tampa Bay Bucs 25-11. (More)
Market Report 9/26/23
▼
NASDAQ Natl. Assoc. of Securities Dealers Automated Quotations
13,063.61
–1.57%
▼
SPX S&P 500
4,273.53
–1.47%
▼
DJI Dow Jones Industrial Average
33,618.69
–1.14%
▼
BTC Bitcoin
$26,210.0
–0.46%
▲
IMVT Immunovant, Inc.
$39.96
+97.04%
➤ Big Stock Move: Immunovant shares nearly doubled Tuesday, soaring 97%, after early-stage data from its experimental antibody treatment beat analysts’ expectations. (More)
➤ Consumer confidence sank to a four-month low in September, weighed down by higher prices and interest rates. It’s the second straight monthly decline in confidence reported by the Conference Board. (More)
➤ The Federal Trade Commission filed an antitrust suit against Amazon, claiming the giant retail site is an illegal monopoly that limits consumer choice and blocks sellers from selling at lower prices elsewhere. (More)
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➤ The Copyright Office ruled that an award-winning picture created by artificial intelligence can’t be copyrighted. The office rejected the artist’s request to protect his AI-generated fantasy image. (See Image)
➤Deep-sea archaeologists released never-before-seen images of wrecked ships from the Battle of Midway in WWII. The wrecks sit 16,000 feet below the surface, undisturbed since the battle in June of 1942. (See Images)
➤ An increase in solar activity could lead to the greatest display of the Northern Lights in 20 years, including in states that don’t normally see the magnetic light show. Scientists say it will peak over the next 18 months. (More)
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➤Pearl Taylor, a 102-year-old woman, appears in her granddaughter’s TikTok posts to discuss her advice on aging, which includes a natural diet, gentle exercise, and some surprises. (See Her Advice)
➤ Wisdom can come from anywhere, and that includes your favorite movies. Forbes has compiled 15 pieces of great life advice pulled from movie dialogue. (See List)
➤ An American Psychiatric Association survey shows that people who engage in creative activities rate their mental health as very good, with less anxiety and stress. Listening to music was the top-ranked activity. (See Activity List)
➤ Two ticket stubs from Ford’s Theater on the night of Abraham Lincoln’s assassination sold at auction for $262,500. Only one other ticket stub from that fateful night at the theater is known to exist. (See Photo)
➤ Pandas are adorable, but no one ever called them particularly graceful. Sometimes they have trouble even sitting in a chair. (See Video)
➤ A skydiver in England made a magical landing from the sky directly onto an inflatable unicorn. The event was part of a skydiving competition open only to people who had done at least 200 jumps. (See Video)