10.31.2019

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Need To Know
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Nationals Shock Astros
The Washington Nationals won the franchise's first-ever World Series, upsetting the heavily favored Houston Astros 6-2 in Game 7 last night. Scoreless through the sixth inning, Washington broke out the bats in the seventh, scoring in each of the final three innings. The win was the culmination of a remarkable championship series for the Nationals, who won all four games in Houston, and an even more remarkable playoff run. Starting the season 19-31, Washington entered the playoffs through the wild card game, beat the 100-win Los Angeles Dodgers on an extra-innings grand slam in the series' final game, and swept the St. Louis Cardinals. Throughout the run they trailed before ultimately winning each of the five elimination games they faced - a Major League Baseball record. Pitcher Stephen Strasburg, who went 5-0 with a 1.98 ERA through the playoffs, was named Series MVP

Watch video of the final out here
Twitter Bans Political Ads
In a surprising move yesterday, Twitter announced it would no longer run paid political advertising by any person or group, forgoing millions in projected revenue expected from the upcoming 2020 election cycle. The decision allows the company to avoid a battle with advertisers aiming to spread misinformation and false political claims and sits in stark contrast with Facebook, which recently adopted a highly criticized hands-off approach. The move is not expected to significantly dent Twitter's top line - revenue from political ads nets roughly $3M annually, compared to total revenues of more than $3B. While the move limits political content users will see via ads, the company has said it will take a lenient stance toward comments posted by politicians on their personal accounts. 

Read CEO Jack Dorsey's rationale for the decision here
Fed Cuts Rates (Again)
The US Federal Reserve lowered its benchmark interest rate by a quarter point to 1.5-1.75% yesterday, citing slowing global growth, the ongoing trade war with China, and other external factors. It was the third rate cut - a tool typically used to stimulate a lagging economy - in three months, and the Fed signaled it was likely to pause further rate cuts in the short term. Commercial banks generally use money borrowed from the Fed to make loans to individuals and businesses; a lower benchmark interest rate typically makes it cheaper for consumers to finance things like buying a car or starting a new business (see 101). US GDP growth for the third quarter was also posted yesterday at 1.9%, a value higher than expected but still marking the second consecutive quarter of declining growth

Kind of know what the Fed does, but kind of don't? Start here.
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Winter is coming.
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Like it or not, the weather is about to get cold (or already is for some of you!). And cold weather calls for quality winter clothes, like United By Blue's exciting new launch.
 
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In The Know
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Sports, Entertainment, & Culture
> Taylor Swift to be honored with the Artist of the Decade award at the 2019 American Music Awards (More)
> New York's City Council votes to ban the sale of foie gras, the fattened liver of a duck or goose; the ban on the delicacy goes into effect in 2022 (More)
> Toronto FC beats Atlanta United in Major League Soccer Conference Finals (More) | Seattle Sounders topped Los Angeles FC; will face off against Toronto for MLS Cup for third time in four years (More)
Science & Technology
> Group of YouTube content creators claim to have reverse engineered the company's proprietary P-score, which ranks channels and determines ability to monetize content (More)
> New battery design could allow lithium-ion batteries in electric vehicles to be recharged in as little as 10 minutes (More)
> Scientists develop new polymer-like structural unit, termed "bundlemers," that could lead to breakthroughs in materials discovery in range of products (More)
Business & Markets
> Sources say boards of automakers Peugeot & Fiat Chrysler agree to explore estimated $50B merger, potential deal would create world’s fourth largest carmaker (More)
> Earnings Season: Apple beats expectations and projects strong holiday season, shares up 2% (More) | General Electric beats earnings expectations, shares up 11% (More)
> Facebook beats Q3 revenue and earnings expectations, shares up about 4% (More) | Facebook agrees to pay £500,000 fine to UK Information Commissioner's Office for Cambridge Analytica data scandal (More)
Politics & World Affairs
> Chile cancels Asia-Pacific Economic Cooperation (APEC) Summit and UN's Climate Change Conference (COP25) among widening social unrest (More) | Kashmir region in India officially loses autonomy starting today (More)
> New wildfire erupts in Southern California's Simi Valley, threatening Los Angeles' Reagan Library and burning through almost 2,000 acres (More)
> Acting Homeland Security chief Kevin McAleenan departs post today, unclear who will take over as interim lead; GOP senators squash immigration chief Ken Cuccinelli as option (More) | Former national security adviser John Bolton asked to testify in impeachment probe on Nov. 7 (More)
In-Depth
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Miami Suited the Devil
Medium | Jeff Maysh. The true story of a 1979 riot at a private high school in Miami's Little Havana district. The culprit? A Ouija board and demons. (Read)
Why Do People Hate Vegans?
The Guardian | George Reynolds. Defying expectations, veganism - with a diet excluding not just animal protein, but all animal-related products - continues to grow in the West. More surprising is the aggressive pushback against vegans, which can border on hyperemotional. (Read)
 
 
Salvaged bison fiber what now?
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We were confused too.
 
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Etcetera
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This woman's ex came back from the dead (sort of). 
What scares ghost hunters more than ghosts

...and a psychologist explains why haunted houses scare us so much

...and five signs your house may be haunted
From our partners: Stream, stream, stream. With all the streaming we do today, faster broadband is going to be a must. It’s a good thing that 10G is just around the corner. Stay up-to-date on the 10G rollout here. #Ad.

The ultimate Halloween candy power rankings
Inside the sexy Halloween costume industrial complex
... and reviewing the 55 best costume ideas of all time
Critics say this extreme haunted house is just a torture chamber in disguise
Scarebait: The most terrifying of all - canines in costumes at the Tompkins Square Halloween dog parade.
Historybook: English poet John Keats born (1795); RIP Harry Houdini (1926); Mount Rushmore National Memorial is completed (1941); Actor and comedian John Candy born (1950); First female Prime Minister of India Indira Gandhi is assassinated (1984).
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