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... The man who won a record Powerball jackpot has a new goal: redevelop his hometown after the L.A. fires

Edwin Castro is one of the biggest investors snapping up destroyed properties—and he wants to lead in rebuilding his hometown of Altadena.
https://www.wsj.com/economy/housing/altadena-powerball-winner-los-angeles-fires-5acd346e

... Federal Reserve Can Look Through Tariff-Driven Inflation, Fed’s Paulson Says

Price increases driven by tariffs will likely prove temporary, according to Philadelphia Fed President Anna Paulson, who also threw her support behind further interest-rate cuts this year as the Fed responds to a slowing labor market.
https://www.wsj.com/economy/central-banking/federal-reserve-can-look-through-tariff-driven-inflation-feds-paulson-says-cd4f870b

... Economists surveyed by The Wall Street Journal have raised estimates for economic growth—and lowered prospects for jobs

In the latest Wall Street Journal survey, forecasters also predict that the Federal Reserve will become less independent.
https://www.wsj.com/economy/central-banking/economist-survey-jobs-economic-growth-f76381f8

... China’s Exports Rise at Fastest Pace in Six Months Despite U.S. Tariffs

China’s exports rose at the fastest pace in six months in September, beating market expectations and underscoring the sector’s continued role as a key growth driver for the world’s second-largest economy.
https://www.wsj.com/economy/trade/chinas-exports-rise-at-fastest-pace-in-six-months-despite-u-s-tariffs-123f115c

... South Korea’s Hanwha Group is pledging to revive the U.S. shipbuilding industry, but it won’t happen soon

Hanwha has said two ships on order will be made almost entirely in South Korea.
https://www.wsj.com/economy/trade/south-korea-us-shipbuilding-industry-timeline-5857c728

... A Divided Israel Unites in Joy as Hostages Come Home

With the release from Gaza of the last surviving captives, many Israelis said it was time for the country to heal after years of polarizing war.
https://www.nytimes.com/2025/10/13/world/middleeast/israel-hostages-gaza.html

... Cheering Crowds Greet Palestinian Prisoners Freed by Israel

“We were happy for our prisoners — and for the Israelis, too,” one Gaza resident said. “We love peace and the truce.”
https://www.nytimes.com/2025/10/13/nyregion/prisoners-freed-gaza-palestinian-west-bank.html

... Trump Takes a Victory Lap, but Avoids Questions About What’s Next

Except for brief references, President Trump did not talk about what it would take to rebuild Gaza or about the future of the Palestinian people.
https://www.nytimes.com/2025/10/13/world/middleeast/trump-victory-lap-whats-next.html

... Palestinians See Little to Celebrate Even Though the Bombs Have Stopped

The cease-fire in Gaza has taken hold. Hostages and prisoners have been exchanged. But amid the utter devastation of two years of war, a sense of gloom pervades.
https://www.nytimes.com/2025/10/13/world/europe/gazans-ceasefire-relief-gloom.html

... Trump Enacts Tariffs on Imported Lumber and Furniture

The new taxes went into effect on Tuesday as President Trump also threatened to widen his trade war with China.
https://www.nytimes.com/2025/10/14/business/economy/trump-ramps-up-trade-war-as-tariffs-on-lumber-and-furniture-kick-in.html

... Trump’s Two Minds on China Sow a Chaotic Few Days

The president’s bellicose vow of steep new tariffs, followed quickly by a more conciliatory message, pointed to an internal tug of war over his approach.
https://www.nytimes.com/2025/10/13/us/politics/trump-china-tariffs.html

... U.S. Starts Charging Chinese Ships to Dock at Its Ports

The measure is aimed at countering China’s dominance of commercial shipbuilding and helping to revitalize the American industry.
https://www.nytimes.com/2025/10/14/business/china-shipping-us-ports.html

... Part Enabler, Part Buffer: The Bind of the Justice Dept.’s No. 2

Todd Blanche, the deputy attorney general, has helped usher in President Trump’s retribution campaign. But he faces anger on the right for resisting some of the most extreme measures.
https://www.nytimes.com/2025/10/13/us/politics/todd-blanche-justice-department-trump.html

... Several News Outlets Reject Pentagon’s Reporting Restrictions

The Washington Post, The New York Times, Newsmax and others said their journalists would not agree to the Defense Department’s policies on news gathering ahead of a Tuesday deadline.
https://www.nytimes.com/2025/10/13/business/pentagon-restrictions-news-outlets.html

... North Carolina Republicans Plan to Redraw Congressional Map to Add a Seat

The Trump administration has pushed Republican leaders to redraw House district maps before the midterm elections next year. His party already holds 10 of North Carolina’s 14 congressional seats.
https://www.nytimes.com/2025/10/13/us/north-carolina-republicans-redistricting.html

... The Rules of Investing Are Being Loosened. Could It Lead to the Next 1929?

A group of financiers is trying to convince the public to invest heavily in private equity and crypto — a risky gambit with some real 1920s vibes.
https://www.nytimes.com/2025/10/13/magazine/investing-private-equity-crypto-crash-1929.html

... Diane Keaton Defied Beauty Standards

For many of her fans, she was like a rare bird soaring from bygone days when progress and growing freedoms for women seemed inevitable.
https://www.nytimes.com/2025/10/13/style/why-diane-keatons-death-hits-harder.html

... Woody Allen Remembers the ‘Magical’ Diane Keaton

“I made movies for an audience of one, Diane Keaton,” Allen wrote in a remembrance that reflected on the breadth of their relationship.
https://www.nytimes.com/2025/10/13/movies/diane-keaton-woody-allen.html

... Dozens Are Dead and Dozens More Missing as Catastrophic Rains Devastate Mexico

Torrential rains set off deadly floods and landslides across five Mexican states, leaving a trail of destruction.
https://www.nytimes.com/2025/10/13/world/americas/mexico-torrential-rain-deaths.html

... Doug Lebda, LendingTree C.E.O. and Founder, Dies in ATV Accident

Mr. Lebda died on Sunday after an all-terrain vehicle accident on his family’s North Carolina farm, a company spokeswoman said.
https://www.nytimes.com/2025/10/13/business/doug-lebda-lendingtree-accident-death.html