Canadian News
Prime Minister Mark Carney’s Toronto investment summit entered its second day, drawing hundreds of global investors and hundreds of protesters outside the Art Gallery of Ontario, where a “Money vs. The Many” coalition of labour and Indigenous groups denounced what one speaker called an “auction” of Canadian infrastructure. Day one produced more than 250 billion dollars in announced bank investment pledges (Toronto Star).
- Carney travels to Europe this week to address the European Parliament, where he is expected to propose a “unique alliance” with the EU rather than any form of membership; a new Abacus Data poll cited by former Star columnist Paul Wells found Canadians favour closer European integration by more than eight to one, while Pierre Poilievre has posted that Canada will “NEVER” become the 28th EU state (Toronto Star).
- A Toronto mayoral debate hosted by the Daily Bread Food Bank saw Olivia Chow, Brad Bradford and Chris Alexander spar over affordability and policing, with columnists split on who came out ahead (Toronto Star).
Writing in The Line, columnist Clarke Ries argues Canada should not flinch in its tariff standoff with Washington, casting Donald Trump as a “politically-crippled lightweight” whose approval among independents has fallen to 25 percent and who folds once a confrontation causes him real political pain; Ries points to Alberta crude, Saskatchewan potash, Ontario auto parts and Quebec electricity as the “weapons” Trump’s own light-touch response has revealed are Canada’s true leverage (The Line).
US News
The Supreme Court blocked, 7-2, the Trump administration’s attempt to restrict mail-in ballots ahead of the November midterms, with Trump-appointed justices Neil Gorsuch, Brett Kavanaugh and Amy Coney Barrett siding against the president and only Clarence Thomas and Samuel Alito dissenting (NYT, The Economist, The Wall Street Journal, The Washington Post).
- The Washington Post’s Early Brief argues this election cycle is fundamentally about voter “control”: polling shows 71 percent of Americans feel the country is “out of control,” and both parties are framing their pitch around who can restore it, from Democrat Abdul El-Sayed’s Michigan Senate campaign to Republican Ashley Hinson’s in Iowa.
- NYT’s The Morning reports on the fallout from the end of Temporary Protected Status for Haitian immigrants, which is gutting the tourist-economy workforce of Key West, and on a Homeland Security inspector general report finding that migrants at the now-closed “Alligator Alcatraz” detention center were confined in 18-square-foot “calming areas,” well under the 75-square-foot national standard.
- The EPA proposed scrapping limits on greenhouse-gas emissions from coal- and gas-fired power plants, a move the agency says would save 310 billion dollars (The Economist).
- Congress remains largely paralyzed on AI policy: Speaker Mike Johnson said lawmakers aren’t ready to regulate advanced AI and that industry should police itself, while Senate Majority Leader John Thune is pushing a bipartisan framework that remains stalled; Democrats are themselves split between a Ted Lieu-backed push for a select AI committee and progressives like Greg Casar seeking a “superintelligence” ban (Punchbowl News).
- In Minnesota’s Senate race, Republican Michele Tafoya, a former sports broadcaster running to flip the seat, faces scrutiny over past podcast comments sympathetic to January 6th defendants, which Democrats hope will tie her to Trump in a state he lost by four points (Punchbowl News).
Finance and Markets
The most-repeated story across today’s newsletters remained the fallout from Anthropic chief Dario Amodei’s weekend essay urging AI firms to “pace the frontier.” Trump dismissed the warnings as a “hoax” and mocked Amodei as “pretending to be a perfect little angel,” while former FTC chair Lina Khan and ex-Trump AI adviser David Sacks found unlikely common ground arguing existing product-liability and consumer-protection law is already enough to hold AI firms accountable (NYT DealBook, The Wall Street Journal, The Economist, Punchbowl News).
- Anthropic is reportedly still targeting a roughly 2 trillion dollar valuation and a NASDAQ listing, telling investors it hit 65 billion dollars in annualized revenue by the end of July, up from 9 billion in December (The Economist, The Daily Upside).
- In a lengthy essay, newsletter writer Ed Zitron argued the “AI safety” panic sparked by departed Anthropic researcher Jacob Coxon is mostly theater: he lays out how OpenAI’s much-discussed “rogue agent” hack of Hugging Face was, in his telling, simply a cybersecurity-testing harness doing exactly the exploit-finding job it was built for, and contends labs are using dramatic language about uncontrollable AI to dodge responsibility even as Anthropic pushes ahead with its IPO (Where’s Your Ed At).
- The 10-year Treasury yield touched its highest level since 2007, with hedge funds now holding a record share of the Treasury market, prompting the New York Fed to quietly ask investors about emerging risks; markets widely expect new Fed chair Kevin Warsh to raise rates this week despite Trump’s preference for low rates (The Wall Street Journal, The Economist, NYT DealBook).
- Brent crude pushed back above 108 dollars a barrel after fresh Houthi strikes on Saudi Arabia, and U.S. oil executives say the long-feared fuel crisis tied to the closed Strait of Hormuz has now arrived (NYT DealBook, The Economist, The Wall Street Journal).
- Shopping malls are now the fastest-growing category of U.S. commercial real estate, up 13 percent in value over the past year as Gen Z foot traffic returns (The Daily Upside).
- The crypto-focused Clarity Act remains stalled in the Senate, with Democrats countering a Republican ethics-restriction offer and several Republicans, including Susan Collins, still undecided ahead of a Tuesday cloture vote (Punchbowl News).
International News
The Bab al-Mandab strait, a key alternative shipping route for Saudi oil exports, has effectively fallen under Houthi control, and Saudi Arabia says it will respond “firmly” after fresh strikes and air-raid alerts across six of its cities; The New York Times’ Gulf bureau chief describes the Iran-backed Houthi movement as unlikely underdogs who have repeatedly out-lasted better-funded foes since the 2023 Red Sea shipping attacks (NYT The World, The Wall Street Journal).
- A Russian drone strike hit a Ukrainian rail line near the Polish border on a route known as the “Peace Express,” narrowly missing a train that had carried Western officials days earlier; The Economist previewed a special edition built around its journalists’ recent reporting trip to Ukraine, describing a country facing a difficult fifth winter of war (NYT, The Economist).
- Israeli commentator Amit Segal writes that polling puts Benjamin Netanyahu’s coalition and Gadi Eisenkot’s opposition bloc within a couple of seats of each other, meaning next week’s election is unlikely to produce a decisive government either way; separately, a former senior Israeli official said the Mossad now assesses Iran’s government could fall in the first quarter of 2027 if the U.S.-led pressure campaign continues (It’s Noon in Israel).
- Brazil’s Supreme Court is weighing whether to open a criminal investigation into justice Alexandre de Moraes, who oversaw former president Jair Bolsonaro’s coup prosecution, after leaked messages tied his wife’s law firm to a fraud suspect (The Economist).
- A long-awaited British public inquiry into the case of nurse Lucy Letby, convicted of murdering seven infants, was set to report today on hospital failings, even as statisticians continue to dispute the strength of the evidence behind her conviction (NYT, The Economist).
- China tightened rules on overseas travel for citizens it deems to have “harmed” national interests, and its top spy chief separately warned that artificial intelligence could pose a direct threat to Communist Party rule (The Economist, NYT).
Media News
The Columbia Journalism Review reports on how Russian independent outlets such as Meduza, Mediazona and iStories keep reporting from exile as this weekend’s tightly controlled parliamentary election approaches, relying on undercover “proxy reporters,” scraped bank and satellite data, and VPN-accessible mirror sites to reach audiences inside Russia despite the imprisonment of at least 29 journalists (Columbia Journalism Review).
- The Guardian’s TechScape newsletter covers OpenAI’s release of a new model its president called evidence of an “AGI era,” arriving days after further disclosures about the company’s AI agents hacking Hugging Face and a German website during testing; the issue also contrasts fierce American backlash against Flock Safety’s license-plate cameras with Britain’s much higher tolerance for surveillance since the 1990s “ring of steel” (The Guardian).
- Nieman Lab’s daily digest profiled sports creator Frank Michael Smith on choosing which stories are worth telling online (Nieman Lab).
Sports News
The Kansas City Chiefs routed the Denver Broncos 31-10 on Monday night, with Kenneth Walker III running for 173 yards and Patrick Mahomes looking fully recovered from last year’s injury (The Athletic).
- Fallout continued from Sunday’s Manchester derby, in which a video assistant referee error let a disputed Erling Haaland goal stand; the Premier League has stood down both officials involved, and critics are increasingly questioning why the league uses two separate, poorly coordinated vendors for offside and other VAR calls (The Athletic).
- Patriots owner Robert Kraft confirmed he pushed to have rapper Macklemore dropped from Ed Sheeran’s stadium tour over what Kraft called Macklemore’s “history of antisemitic rhetoric” tied to his pro-Palestinian activism (The Athletic, NYT).
- The Toronto Raptors’ trade to reacquire Kawhi Leonard from the Clippers has officially been completed after a league investigation into the deal (Toronto Star, The Athletic, NYT).
- Apple TV’s “Widow’s Bay” was the big winner at the Emmy Awards, taking 14 trophies as Apple won the most Emmys of any distributor for the first time; star Matthew Rhys became the first performer to win a lead acting Emmy across limited, comedy and drama series (NYT, The Economist, Toronto Star).
Health and Wellness
A study of nearly 17,000 healthy adults found more than half already had arterial plaque buildup, with about 1 in 13 people in their late teens and twenties affected, rising to roughly 9 in 10 by ages 60 to 70; researchers say men tend to show plaque five to ten years earlier than women, whose risk climbs sharply around menopause (Arnold’s Pump Club).
- The same newsletter reports that probiotic use has jumped nearly 300 percent among U.S. adults over 14 years even though a recent review of randomized trials found no meaningful gut-diversity benefit for healthy people, and argues fiber, which 95 percent of Americans don’t get enough of, does far more for gut and heart health.
- A review of weighted-vest research concludes the popular rucking trend likely does little for bone density on its own; one 2025 trial found older adults who wore a vest roughly seven hours a day for a year still lost hip bone density, with benefits in other studies traced to jumping and resistance training rather than the vest itself (Arnold’s Pump Club).
Other
An OECD study of nearly 800,000 students across 91 countries found reading, math and science scores have fallen to their lowest recorded levels since testing began roughly two decades ago, with the steepest declines arriving after, not during, the pandemic; the newsletter argues heavy chatbot use correlates with worse performance, citing a Wharton experiment in which students who used ChatGPT to practice math scored 17 percent worse once the tool was taken away for the actual exam (“The Education Crisis,” Substack).
- The Wall Street Journal profiled Vermont’s Mountain School, a semester-long farm program where teenagers pay 40,000 dollars to do daily chores such as herding sheep and chopping wood, which some families see as a distinctive credential for elite college admissions.
Sources
- The New York Times: DealBook, Opinion Today, The Morning, The World, El Times
- The Wall Street Journal: The 10-Point, CEO Brief
- The Daily Upside
- The Economist: The World in Brief, The Insider
- The Washington Post: Early Brief
- Toronto Star: First Up
- The Athletic
- Punchbowl News
- Columbia Journalism Review
- The Guardian: TechScape
- It’s Noon in Israel, Amit Segal (Substack)
- The Education Crisis, Edward Elson (Substack)
- The Line, Clarke Ries (Substack)
- Nieman Lab
- Where’s Your Ed At, Ed Zitron (Substack)
- Arnold’s Pump Club
