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Monday, October 12, 2026
Morning edition
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Financial
Dow and S&P 500 futures rose 0.1% and Nasdaq-100 futures were little changed early Monday, Oct. 12, Yahoo Finance reported. Brent crude was at $104.76 a barrel and U.S. benchmark crude at $91.50 early Monday, and Tokyo markets were closed for a holiday, the AP reported.
Robert E. Hall and Michael Woodford win Nobel memorial prize in economicsAmerican economists Robert E. Hall and Michael Woodford won the Nobel memorial prize in economics on Monday, Oct. 12, "for their work on models that have helped governments and central banks manage economic shocks," the AP reported. Hall is at Stanford University and Woodford at Columbia University, and the prize of 12 million Swedish kronor (about $1.2 million) will be presented Dec. 10, according to an AP news summary.
Big bank earnings Tuesday; inflation and retail sales data later this weekJPMorgan, Goldman Sachs and Citi report results Tuesday, and inflation and retail sales data are scheduled for release Wednesday and Thursday, Yahoo Finance reported Monday, Oct. 12.
Long Beach lifts most peninsula evacuation advisories; Seaside Walk orders remainThe city of Long Beach announced at 6:15 p.m. Sunday, Oct. 11, that evacuation advisories were lifted for most Long Beach Peninsula residents, including Naples Island and Treasure Island, while mandatory evacuation orders remain for homes in the 6400 and 6500 blocks of Seaside Walk, NBC Los Angeles reported. Eight buildings containing 13 residences were red-tagged and one building was yellow-tagged, and the peninsula remains closed to nonresidents with street closures beginning at 62nd Place, according to NBC Los Angeles and MyNewsLA. The National Weather Service downgraded the Coastal Flood Warning to an Advisory, NBC Los Angeles reported.
AIDS Walk Los Angeles set for Oct. 18 at West Hollywood Park, with street closuresAIDS Walk Los Angeles takes place Sunday, Oct. 18, at West Hollywood Park, 647 N. San Vicente Blvd., beginning at 10:30 a.m., with proceeds funding APLA Health, WEHO Times reported Oct. 12. N. San Vicente Boulevard between Santa Monica Boulevard and Melrose Avenue closes from 5 a.m. to 5 p.m., and Santa Monica Boulevard between N. Doheny Drive and N. La Cienega Boulevard closes from 7 a.m. to 3 p.m., according to WEHO Times.
Bike Fire evacuation orders lifted; fire at 475 acres and 68% containedEvacuation orders for the Bike Fire near Sand Canyon, which started Sunday afternoon, Oct. 11, were lifted Sunday and nearby warnings were lifted as of 8 p.m., with the fire at 475 acres and 68% contained, MyNewsLA reported (single source). About 250 county firefighters and about 75 U.S. Forest Service personnel were assigned, according to MyNewsLA. CBS Los Angeles reported that "The cause of the fire was not known as of Sunday afternoon."
Race for Campus Safety set for Oct. 17 on WSU Pullman campusThe Lauren McCluskey Foundation's annual Race for Campus Safety takes place Saturday, Oct. 17, on the WSU Pullman campus, with races starting at the WSU College of Veterinary Medicine parking lot: the 1K at 10 a.m., the 10K at 10:30 a.m. and the 5K at 10:40 a.m., WSU Insider reported. A free self-defense class for women and girls follows at 1 p.m. at the Marriott Residence Inn, according to WSU Insider.
Starbucks risk management director speaks at WSU Walton Lecture Oct. 19Anthony Spacciante, director of risk management for Starbucks, presents "The Places You Can Go: Careers in Risk Management and Insurance" at WSU's Walton Lecture on Monday, Oct. 19, from 5:30 to 6:30 p.m. in Todd Hall 116, WSU Insider reported. The event is free to the public, according to WSU Insider.
Judge orders Trump administration to cancel DHS-funded promotional TV adsFederal Judge Jennifer Rochon in New York issued a temporary restraining order Sunday, Oct. 11, blocking the use of Department of Homeland Security funds for pro-Trump ads and requiring cancellation of any ads scheduled to run from Sunday night onward, Forbes reported; the order stays in effect for 14 days unless extended. The suit was brought by Common Cause, a Democratic candidate from Alabama and the SEIU 32BJ union, and Rochon found the plaintiffs are "likely to succeed" on the merits, according to Forbes. Forbes reported DHS allocated $20 million to the ads.
Six senators from both parties tell administration to "immediately reverse course" on Russian diesel importsRepublican Sens. Susan Collins, Lisa Murkowski, Thom Tillis and John Curtis and Democratic Sens. Jeanne Shaheen and Richard Blumenthal said in a statement Sunday, Oct. 11: "The Administration must immediately reverse course," PBS NewsHour reported. The statement said "Congress was clear: the U.S. should not import oil from Russia until it ends its aggression against Ukraine" and "President Trump's decision to allow Russian diesel imports to the U.S. runs directly counter to that law," according to PBS. The AP reported Trump wrote Friday that Russia would supply more than 300,000 tons of diesel immediately, then 500,000 tons in November.
Zelenskyy says Russia struck energy facilities after Trump's "energy ceasefire" announcementSpeaking at the Warsaw Security Forum on Monday, Oct. 12, Ukrainian President Volodymyr Zelenskyy said Russia struck Ukrainian energy facilities after President Trump's Sunday post announcing an energy ceasefire, and said, "We support it, but I have not heard approval of this proposal from the Russian side," the AP reported. Zelenskyy also said, "It was clear that (Russian President Vladimir) Putin does not read Truth Social," according to the AP. Ukraine's Air Force said it shot down or suppressed 89 of 121 Russian drones overnight, the AP reported.
Houthis report airstrikes on Sanaa; Saudi state media says forces responded to attackSaudi state media reported Monday, Oct. 12, that Saudi forces have responded to a drone and cruise missile attack, without giving further details, the AP reported. The Houthi-run Health Ministry said overnight airstrikes in two districts of Yemen's capital, Sanaa, killed one person and wounded 12, and the Houthi media center blamed Saudi Arabia; there was no immediate comment from Saudi Arabia, according to the AP (single source). The AP reported Houthi attacks on King Khalid International Airport in Riyadh in recent days have killed at least 14 people and wounded at least 320. Yemen ranked 6th of 179 countries in the Fund for Peace Fragile States Index 2024.