In partnership with
Good morning investors! The market roared yesterday as thing seem to be settling down.
Today we cover:
Federal deficit shrinks
Shutdown to end?
Stocks jump
📊 Economy and News
U.S. Federal Deficit Shrinks to $219B in October
The U.S. federal deficit fell to $219 billion in October 2025, down $39 billion from last year, per CBO estimates. Revenues surged $75 billion, fueled by higher individual income, payroll taxes, and customs duties.
Outlays rose $37 billion, but timing shifts (payments moved from Nov 1, a Saturday) inflated this; adjusted, spending dropped $70 billion, widening deficit improvement to $145 billion. Lower discretionary funds from Oct 1 lapse contributed.
For FY2025 (ended Sep 30), deficit hit $1.8 trillion—down 2% ($41 billion) from FY2024. Revenues up 6% ($317 billion); outlays up 4% ($275 billion), with net interest topping $1 trillion for the first time. Gains in benefits/interest offset by cuts in student loans, insurance, and SBA.
Global hits:
Brazil central bank tightens rules for virtual assets, cryptocurrency.
China suspends port fees on US-linked ships for a year.
Trump floats $2,000 tariff rebate checks.
Shutdown to end? Senate passed procedural vote 60-40 to advance House bill reopening government until Jan 30, with 3 full-year funding bills. President Donald Trump said he approves of a pending deal in the Senate that would bring the record-breaking U.S. government shutdown to an end.
The bipartisan Senate agreement would reopen the government until January, reverse recent mass federal layoffs, and add protections for workers. It excludes Affordable Care Act subsidy extensions—a Democratic priority—but schedules a December vote on them.
Next steps: Senate final vote, then House passage. Speaker Mike Johnson (R-La.) is urging members to return to D.C. for a vote this week.
Good to know: President Donald Trump floated the idea of a 50-year mortgage in a social media post.
A 50 year mortgage has both pros and cons. You will pay less per month but you will not build equity as quickly because your principal payments would be smaller.
Would you like a 50 year mortgage?
Sponsored by RAD Intel
The AI Race Just Went Nuclear — Own the Rails.
Meta, Google, and Microsoft just reported record profits — and record AI infrastructure spending:
Meta boosted its AI budget to as much as $72 billion this year.
Google raised its estimate to $93 billion for 2025.
Microsoft is following suit, investing heavily in AI data centers and decision layers.
While Wall Street reacts, the message is clear: AI infrastructure is the next trillion-dollar frontier.
RAD Intel already builds that infrastructure — the AI decision layer powering marketing performance for Fortune 1000 brands. Backed by Adobe, Fidelity Ventures, and insiders from Google, Meta, and Amazon, the company has raised $50M+, grown valuation 4,900%, and doubled sales contracts in 2025 with seven-figure contracts secured.
Shares remain $0.81 until Nov 20, then the price changes.
👉 Invest in RAD Intel before the next share-price move.
This is a paid advertisement for RAD Intel made pursuant to Regulation A+ offering and involves risk, including the possible loss of principal. The valuation is set by the Company and there is currently no public market for the Company's Common Stock. Nasdaq ticker “RADI” has been reserved by RAD Intel and any potential listing is subject to future regulatory approval and market conditions. Investor references reflect factual individual or institutional participation and do not imply endorsement or sponsorship by the referenced companies. Please read the offering circular and related risks at invest.radintel.ai.
📈 Stocks
S&P 500 6,832.43 (+1.54%)
DJIA 47,368.63 (+0.81%)
NASDAQ 23,527.17 (+2.27%)
BRENT CRUDE 63.97 (-0.32%)
* Prices as of Nov 11th, 12:20 AM UTC
Stocks jump again
Stocks climbed Monday after Senate lawmakers advanced a key deal to end the prolonged U.S. government shutdown. AI leaders Nvidia and Broadcom drove gains, boosting risk appetite. Microsoft rose nearly 1%, on track to end an eight-day losing streak—its longest since 2011. These stocks had led last week’s decline amid AI valuation concerns.
Ripple Targets Traditional Finance with Acquisitions and Blockchain Services
Ripple Labs, a leading crypto firm, is expanding into traditional finance via a $4B acquisition spree in 2025, including Hidden Road ($1.3B) and GTreasury ($1B+). CEO Brad Garlinghouse aims to deliver blockchain-based financial services amid growing institutional adoption, eased U.S. regulations under Trump, and partnerships lending XRP Ledger tech. Ripple launched brokerage Ripple Prime, raised $500M, and hit $40B valuation. XRP utility could rise with deals, but lacks legal clarity due to the ongoing government shutdown.
CoreWeave earning: The company'’s revenue in the third quarter exceeded analysts’ estimates. The company won an expansion from a large unnamed company during the quarter, in addition to deals with Meta and OpenAI. Yet, the stock fell about 4% after the bell.
💵 Personal Finance
How Your Household Income Stacks Up by Age
Federal Reserve data reveal stark income differences across U.S. age groups, helping you benchmark your earnings and plan ahead.
Key Insights
Median household income peaks at $91,878 for ages 45–54, dropping to $49,073 for those 75+.
Earnings rise sharply from under 35, plateau mid-career, then decline after 65 due to retirement.
Younger generations (Millennials, Gen Z) out-earn prior ones at similar ages; income for 55–74 grew most since 1989.
Trends Over Time (1989–2022, inflation-adjusted)
Under-35: Low, surges in 35–44 bracket.
45–54: Consistently highest.
Post-65: Notable drop-off.
Boost Your Income at Any Stage
Upskill: Pursue certifications and next-job skills.
Leverage benefits: Use employer education perks for raises or new roles.
Side gigs: Try consulting, part-time teaching—no stigma.
Save smart: Build reserves in high-yield accounts; control spending as earnings grow. "It's not how much you earn—it's how much you save," notes expert Michael McMillan.
Compare your pretax family income (wages, investments, benefits, etc.) to these medians for a clearer financial picture. Small steps compound over time.
💰 Be a Better Investor
“I feel better about the second half of my life than the first.”
Think you know stocks?
Pro puts your instincts to the test with our Bull vs Bear AI stock advisor. Plus: exclusive deep dives, smarter tools, and zero fluff.
What did you think of today's newsletter?
👩🏽⚖️ Legal Stuff
Nothing in this newsletter is financial advice. Always do your own research and think for yourself.