Monday’s Mini-Report, 10.26.15

Today’s edition of quick hits:
 
* Deadly earthquake: “A magnitude-7.5 earthquake hit northeastern Afghanistan on Monday, killing more than 150 people there and in neighboring Pakistan and flattening at least 1,400 buildings.”
 
* More on this tomorrow: “Congressional leaders and the Obama administration are close to a crucial budget deal that would modestly increase domestic spending over the next two years and raise the federal borrowing limit.”
 
* Keep an eye on this one: “Russian submarines and spy ships are aggressively operating near the vital undersea cables that carry almost all global Internet communications, raising concerns among some American military and intelligence officials that the Russians might be planning to attack those lines in times of tension or conflict.”
 
* Dear Fed, don’t raise rates: “Quarterly profits and revenue at big American companies are poised to decline for the first time since the recession, as some industrial firms warn of a pullback in spending.”
 
* Testing: “President Barack Obama called for limiting the amount of time students are taking standardized tests and unveiled new guidelines that his administration would use to help schools across to administer more meaningful exams on Saturday.”
 
* Important research: “An examination of traffic stops and arrests in Greensboro, N.C., uncovered wide racial differences in measure after measure of police conduct.”
 
* Speaking of law enforcement, I wonder if Comey can substantiate this: “The F.B.I. director, James B. Comey, said on Friday that the additional scrutiny and criticism of police officers in the wake of highly publicized episodes of police brutality may have led to an increase in violent crime in some cities as officers have become less aggressive.”
 
* The right-wing House Freedom Caucus members are under fire from the even-further-right members of the GOP base for supporting Paul Ryan’s ascension to Speaker.
 
* And if the editorial page of the Wall Street Journal is going to complain about the Affordable Care Act’s exchanges work, the editors should at least try to understand the topic before writing about it.
 
Anything to add? Consider this an open thread.
 
 

Monday's Mini-Report, 10.26.15