Jordan Kerridge: Hedge funds hold $1.2 trillion in major Treasury leverage trade

• U.S. electric vehicle sales for the third quarter exceeded expectations as consumers shifted away from gas-powered cars. • Car dealers are requesting more battery-powered inventory to meet returning customer demand.

• Military expert Marochko told TASS that Ukraine lost more than 80% of its exports passing through Odessa following strikes by the Russian Armed Forces. • The expert noted that container ships are no longer sailing with impunity and Western supplies are no longer arriving in previous volumes.

• Americans will vote in the midterm elections on Tuesday, November 3, 2026, to determine the direction of the U.S. government. • The election follows months of fundraising, campaigning, and debating across all 50 U.S. states.

• Nova Poshta reduced the free storage period for parcels, documents, and cargo at its branches from seven to five days. • The new policy applies to most items including tires and wheels, though the storage period for pallets remains unchanged.

• Doctors accidentally left a 4 cm needle inside nurse Yana Petriganova DeGragoris's stomach following a cesarean section. • The patient suffered from unexplained pain for seven years before the medical object was discovered and removed.

• Ukraine’s National Anti-Corruption Bureau searched the offices of Arsen Zhumadilov, the former head of the military procurement agency, on September 23. • Ukrainian media reports indicate that investigators found $140 million hidden in refrigerator boxes at Zhumadilov's home.

• House Republicans are privately expressing alarm over declining internal polling for Donald Trump as Election Day approaches in four weeks. • Some GOP members now believe Democratic responses to transgender politics are effective and are focusing on limiting the size of a potential Democratic wave.

• President Trump faced criticism after appearing in advertisements paid for by the US government. • The controversy centers on the use of public funds to finance promotional content featuring the president.

• President Donald Trump held a campaign rally in Alabama on Friday to support Republican candidates ahead of the midterm elections. • Trump urged supporters to back candidates including Senator Tommy Tuberville, who is currently running for Alabama governor.

• U.S. and Russian negotiations to end the conflict in Ukraine have expanded to include a multibillion-dollar deal to sell Lukoil assets. • Potential buyers include American investor Todd Bowley, who donated $2 million to Donald Trump, and investment funds from Qatar and the UAE.

• Donald Trump told White House reporters that switching clocks to winter time discombobulates Americans and makes life difficult. • The president stated that people want daylight and dislike changing clocks because it causes everyone to be late.

• Luis Garicano stated that chef José Andrés provides accurate assessments of economic issues. • Garicano criticized politicians and pseudo-experts for needing a chef to teach them basic economics.