Greetings! Happy National Seafood Bisque Day to those celebrating.

Let’s get into today’s top stories.

❝

SPONSORED SECTION

Sponsor PM Daily! Unlike other free daily newsletters, PM’s ad model works differently: 1. one single sponsor slot per issue; 2. 100% share of voice (SOV) guaranteed; 3. which means higher return on ad spend (ROAS) from your first placement.

No-brainer, little risk, high upside. Q4 slots are filling up quickly! Reach our rapidly scaling, high-intent, vetted premium audience by replying to this email right now.

🌎 GLOBAL NEWS

Source: Associated Press (AP)

πŸ‡§πŸ‡΄ Bolivia votes in a presidential runoff as Paz and Quiroga test turnout and trust. Election officials reported steady lines in urban precincts and slower openings in rural zones where rain and road conditions often matter more than slogans. Observers from the Organization of American States (OAS) fanned out across departments to watch chain of custody, quick counts, and adjudication rooms where close margins are born. Both campaigns spent the final week litigating narratives about inflation, gas exports, and judicial independence, a trinity that touches every wallet and most institutions. Local broadcasters reminded viewers that provisional tallies are not final results and that late-arriving rural votes can swing tight races. Security services staged near but outside polling places to deter intimidation while keeping photos of soldiers out of ballot selfies. The electoral court said unofficial figures would post in waves with a formal canvass to follow. This follows two decades of one-party socialist rule. The winner inherits a mandate measured not only in votes but in how the losing side concedes.

Source: Associated Press (AP)

πŸ‡«πŸ‡· Thieves grab Louvre crown jewels in minutes and vanish into Paris traffic. Investigators say a small crew exploited a timed window of guard rotations and used a simple ladder and scooter handoff to disappear before perimeter alarms could be useful. The haul included royal pieces whose cultural value dwarfs any fence price, which means buyers are mythical and the real commodity is leverage. Curators began emergency provenance checks to ensure inventories match reality rather than memory. Police are reviewing camera grids across bridges and tunnels where plates and faces frequently blur beyond utility. Interpol issued notices as pawnbrokers and auction houses quietly circulate serials to trusted circles. Museum insurers will weigh how much of the loss is money versus reputational risk that lives on every ticket stub. In a country that treats its royal heritage like oxygen, this play in one act was a deft theft of breath.

πŸ‡ΊπŸ‡Έ LOCAL NEWS

Source: Associated Press (AP)

πŸŒͺ️ States warn new rules and FEMA grant delays could blunt disaster response. Directors say revised Federal Emergency Management Agency (FEMA) guidance and longer review queues slow the cash that pays for debris removal, temporary housing, and overtime. County budgets built on reimbursement models cannot float months-long delays without canceling contracts or cutting patrols and clinic hours. The Department of Homeland Security (DHS) contends tighter documentation prevents fraud and speeds audits later, yet responders live in the now. Fire chiefs describe a math problem where one missing reimbursement pushes ladder maintenance or radio upgrades into the next fiscal year. Governors want waivers for small jurisdictions with tiny finance teams who struggle to upload perfect packets while sandbagging. The paradox is familiar: accountability that arrives on time is help, accountability that arrives late is history. Storms and fires will not pause so that spreadsheets can catch up.

Source: Associated Press (AP)

πŸ’Ό Americans are ambivalent about their chances on the job market. Surveys show confidence varies by age, education, and region, with tech hubs more upbeat than rural counties anchored by single employers. The Bureau of Labor Statistics (BLS) keeps printing low unemployment, yet respondents fixate on prices, childcare, and rent, which decide whether a job feels like a ladder or a treadmill. Employers say they struggle to hire for skilled trades while posting fewer generalist roles in back offices that software already thinned. Recruiters report raises for hard hats and certifications, softer offers for titles that live in slide decks. Households weigh the portability of benefits and flexibility more than pre-pandemic, which recodes what counts as a good job. The numbers whisper expansion, while the kitchen table often votes recession. Spoiler alert: all too often, that gap is in fact the economy’s Rorschach test.

πŸ—‚οΈ MISC

Source: Associated Press (AP)

πŸ“‰ Immigration crackdown lands hard on payrolls, and the labor market flinches. Construction foremen and growers describe shifts where crews shrink and bids rise because verification fear beats overtime enthusiasm. The National Federation of Independent Business (NFIB) tells a similar tale in its surveys, with more positions open than qualified applicants willing to clear new hoops. Economists warn that reduced labor supply in low-vacancy sectors nudges wages up but can also nudge prices higher, a stagflation cocktail no one ordered. City mayors track ripple effects in hospitality and eldercare, where staff turnover already burns calendars. The Congressional Budget Office (CBO) typically scores tighter labor pools as a drag on potential output unless productivity jumps. Voters will not parse elasticities; they will notice wait times and invoices. The border is a headline, the labor force is a balance sheet.

Source: Associated Press (AP)

πŸ›οΈ Shutdowns do what they always do: break things slowly, then suddenly. The Office of Management and Budget (OMB) posts contingency plans, yet agencies still furlough analysts who make flights safe, water clean, and grants legible. Federal workers miss paychecks and become case studies in how late fees compound faster than press conferences. Contractors face the harsher reality that back pay is a rumor not a rule, so small firms shed staff to survive. Food aid reauthorization grinds into waiver gymnastics, while parks, labs, and courts ration hours and morale. Markets pretend to ignore the noise until bill auctions and growth prints stop pretending back. When government halts, the economy becomes a series of polite apologies from people who cannot do their jobs. The fix is not a speech, it is a signature.

πŸ‘€ ICMYI

  1. Trump called Colombian President a drug dealer and says he will end aid.

  2. Sports investor Josh Wander was indicted in an alleged $500M fraud.

  3. Limp Bizkit said bassist Sam Rivers has died, prompting fan tributes.

  4. David Attenborough became the oldest Daytime Emmy winner at age 99.

  5. Horror sequel β€œBlack Phone 2” opened at #1 and jolted a sleepy box office.

  6. Funders and schools are backing a smaller nonprofit to lift college access.

  7. Ford recalled over 290K vehicles in America over rearview camera faults.

  8. Police check if Prince Andrew sought aid to dig up dirt on Virginia Giuffre.

  9. Explaining chikungunya, transmitted in America again after years of quiet.

  10. Certain drugs were named for expedited review tied to national priorities.

πŸ—³οΈ SURVEY

Help better understand our audience. Take this 1-minute survey here so we can provide our community with the best content, news, and stories that matter to you most.

πŸ—£οΈ SHARE PM DAILY

✍️ FEEDBACK

What did you think of this issue?

Let us know your feedback below

Login or Subscribe to participate

Feel free to reply with your feedback. PM reads and responds to every email. :)

That’s all for today!

Much obliged and many thanks for reading and sharing today’s newsletter.

See you tomorrow!