FIVE MINUTE DAILY

In partnership with

A name in Alaska’s Senate race just became a federal case, a judge yanked three government-funded ads, and Meta settled as jurors were being picked. Elsewhere, Israel’s election ended in deadlock, Reddit lost nearly a third of its value, and the NFL’s $4.7 billion headache came roaring back.

Forward this to a friend who wants the world in five minutes.

Become An AI Expert In Just 5 Minutes

If you’re a decision maker at your company, you need to be on the bleeding edge of, well, everything. But before you go signing up for seminars, conferences, lunch ‘n learns, and all that jazz, just know there’s a far better (and simpler) way: Subscribing to The Deep View.

This daily newsletter condenses everything you need to know about the latest and greatest AI developments into a 5-minute read. Squeeze it into your morning coffee break and before you know it, you’ll be an expert too.

Subscribe right here. It’s totally free, wildly informative, and trusted by 600,000+ readers at Google, Meta, Microsoft, and beyond.

The Big Read

Alaska's Two-Sullivan Senate Race Draws a Criminal Probe

Alaska's top federal prosecutor said Friday that an ongoing criminal investigation is examining why a second candidate named Dan Sullivan appears on the state's Senate ballot. The Justice Department is also pursuing a civil suit that could delay certification, claiming the retired schoolteacher ran solely to siphon votes from Sen. Dan Sullivan.

Democrat Mary Peltola denied knowing about the alleged scheme, telling a crowd she was not interested in tricking voters in one of the midterms' tightest races. Her campaign and the Democratic Senatorial Campaign Committee both deny involvement, while the prosecutor described a surge of FBI resources just four days before Election Day.

Judge Orders Three Taxpayer-Funded Trump Ads Pulled

A federal judge ordered the government to pull three taxpayer-funded administration ads that appear made for political or propaganda purposes, including one touting the president's $5,000 promise. Judge Jennifer L. Rochon also ordered the cancellation of any placements for the ads through authorized third parties, including President Trump's flagship super PAC, MAGA Inc.

The ads, titled "$5,000 to Americans," "Every Democrat Voted Against No Tax on Tips" and "Cost of Socialism," must also come down from official government websites. A White House spokesperson called it a "lawless order" from a "Biden-appointed activist judge," as the judge weighed expanding a restraining order issued two weeks ago.

Meta Settles Social Media Addiction Case as Jury Selection Begins

Meta settled a social media addiction lawsuit with an 18-year-old Mississippi woman on Friday, after jury selection had begun for a trial over Instagram and Snapchat. She alleged the apps worsened her mental health, including depression and an eating disorder, and her case was paired with an Illinois teen who settled last week.

The trial is still set to continue against Snapchat's parent company Snap, the only social media company among the defendants that has not reached a settlement. A Meta spokesperson said trials, dismissals and settlements are common in the bellwether process, while the plaintiff's attorney called the settlement a just resolution for her client.

World View

Israel's final election count left both major blocs well short of the 61 seats needed for a Knesset majority, opening weeks of coalition talks that could end in another vote.

Russia's Novaya Gazeta newspaper is closing after 30 years of investigative reporting, with its leadership saying Russian authorities and security services forced the editorial team to cease operations.

Riot police guarded Poland's top court as protesters rallied against the suspension of its two senior justices, prompting President Karol Nawrocki to turn his plane back to Warsaw.

Need To Know

Pope Leo XIV mailed an Illinois ballot for the midterms, becoming the first pope to vote in a US election, with the Vatican citing citizens' right and duty to participate.

Washington approved a $2.1 billion sale of 500 Patriot interceptors to Ukraine, paid for with donations from Canada, Germany and Norway, after Kyiv accused the Pentagon of delaying delivery.

A federal judge is investigating whether Justice Department lawyers misled her about plans to renovate Washington's East Potomac Golf Course, where hundreds of trees were cut this month.

Money & Markets

Reddit shares plunged 29% on Friday, the worst drop since going public, after the company forecast weak fourth-quarter sales and said it will test requiring logins to view content.

The S&P 500 slid 1.8% for its worst day since June, as the Nasdaq sank 2.9% and the Dow shed 572 points amid worries over heavy tech spending.

New Treasury I bonds will pay 5.51% annual interest starting November 1, up from 4.26%, with the fixed portion rising to 1.40%, its highest level since 2006.

The Free Newsletter Fintech Execs Actually Read

Most coverage tells you what happened. Fintech Takes is the free newsletter that tells you why it matters. Each week, I break down the trends, deals, and regulatory shifts shaping the industry — minus the spin. Clear analysis, smart context, and a little humor so you actually enjoy reading it. Subscribe free.

Future Frontiers

Reddish rocks found in the Sahara are a 4.1-billion-year-old piece of Mars, scientists reported, making the meteorite Teghaza 001 one of only three Martian finds that old.

Swiss researchers built a robotic hand that walks on its own fingers, comparing it to the Addams Family's Thing and teaching it to balance through practice in a computer simulation.

Atlantic striped bass numbers have fallen after years of overfishing and poor reproduction, while climate change and shifting environmental conditions may be adding pressure on the prized sport fish.

The Score

A federal appeals court revived the Sunday Ticket antitrust verdict against the NFL, ordering a new trial on damages after a jury's $4.7 billion award was tossed in 2024.

Lamar Jackson returns Sunday at Buffalo after missing three games injured, calling his sprained ankle's pain bearable and saying he no longer feels like a statue.

Harry Kane edged Kylian Mbappé by just 28 Ballon d'Or points, newly published voting shows, the closest race since Lionel Messi beat Virgil van Dijk by seven in 2019.

Bo Bichette is staying with the Mets by exercising a $42 million option for 2027 after a first season in New York in which he hit .260 with 18 homers.

Life & Culture

Dwyane Wade's statue outside the Heat's arena now has a new face, two years after the original was widely panned for bearing almost no resemblance to the Hall of Famer.

A new generation of Freedom Riders finished the bus route to New Orleans that a segregationist mob cut short in 1961 by firebombing the original riders' buses in Anniston, Alabama.

HBO's Harry Potter series added five cast members, including David Threlfall as the voice of the Sorting Hat and Leo Bill as the ghost Nearly Headless Nick.

Deep Dive

Teachers' Union Sues Over Stalled Public Service Loan Forgiveness

What it is: The American Federation of Teachers sued the Trump administration on Friday, alleging it has unlawfully blocked Public Service Loan Forgiveness for tens of thousands of qualifying borrowers. The program, signed into law by President George W. Bush in 2007, cancels federal loans for qualifying public and nonprofit workers after 120 payments, generally made over 10 years.

The detail: The suit, Weingarten v. McMahon, says the department has let PSLF Buyback applications pile up, with 88,000 borrowers still waiting on a decision as of this spring. Plaintiffs also say the department lowered their qualifying payment counts without explanation earlier this year, while a spokesperson said it is correcting coding errors made under the prior administration.

Why it matters: Teachers, nurses, first responders and other public servants rely on the program, and the Biden administration's changes cleared the way for more than 1 million borrowers to receive forgiveness. For co-plaintiff Elizabeth Schoepflin, a New York speech-language pathologist, the stakes are simple: "Every month this drags on is another payment I shouldn't have to make."

What to watch: Filed in federal court in Washington, the case has the 1.8-million-member union demanding on behalf of borrowers that Secretary Linda McMahon "stop stalling and do her job." Borrowers in the Buyback queue should watch for the department's response, and for whether a judge moves to speed up decisions before more months of payments pile up.

Wall Street Hasn't Connected the Dots on This $5 Stock

Elon Musk's rockets, satellites and robots all run on metals America can't get enough of, and much of it is still processed in China. One small company sits on that supply and trades around $5. Our free report names it, and we'll text you the ticker.

Today's Trivia

Because of how the Panama Canal curves, Panama is the only place on Earth where you can watch the sun rise over one ocean and set over the other on the same day. Which two oceans?

Login or Subscribe to participate

Extra Bits

A Michigan man kept a Powerball ticket in his wallet for nearly two months, only learning it was a $1 million winner while trying to pay for a pop.

A British collector opened seven card packs in one minute while strapped to a biplane's wing, earning a Guinness World Record as 120 mph winds tugged at every wrapper.

A Swiss lab built a disembodied robot hand that walks around on its fingers, openly comparing it to the Addams Family's Thing, just in time for spooky season.

On This Day

Tsar Nicholas II issues the October Manifesto (1905) · Challenger launches with a record eight-person crew on its last successful flight (1985) · Quebec voters narrowly reject sovereignty, 50.58% to 49.42% (1995) · John J. Loud patents the ballpoint pen (1888)

"…if there is still a majority -- even a tight majority -- that says no, for me it's because it is what Quebecers want." — Mario Dumont, Action démocratique du Québec leader and Yes campaigner, looking back on the 1995 Quebec referendum

That's all for today. Thanks for reading and staying curious. Share Five Minute Daily with a friend, and we'll be back tomorrow with more stories worth knowing.

—The Five Minute Daily Team