
Global stocks steady after Wall Street drop unsettles Asia
CNN
Stocks in the United States and Europe steadied on Tuesday after Asian markets were rattled overnight by fears of a potential US default, trouble in China's massive property market and rising oil prices.
US stock futures advanced and European markets opened with small gains. Nasdaq futures were up 0.4%, rebounding from a difficult trading session on Monday that saw the tech-heavy index shed 2.1%.
Investors have been unnerved by dysfunction in Washington, where lawmakers have made little progress on allowing the US government to keep borrowing to pay its bills. The US Treasury has said it will default if the debt ceiling isn't hiked by October 18.

New York City Mayor Zohran Mamdani used his executive powers to revoke a handful of orders put into place by his predecessor after the former mayor was federally indicted, including a directive that expanded the definition of antisemitism and another that barred city employees and agencies from boycotting or divesting from Israel.

Key figures in the long-running controversy over alleged fraudulent safety net programs in Minnesota
The Trump administration, for the second time in recent weeks, is using allegations of fraud to justify increased federal law enforcement actions in Minnesota, the state with the country’s largest Somali population.











