| By Derek Caney
Hurricane Matthew is just offshore of Florida's Atlantic coast and heading north parallel to the coastline, the National Hurricane Center said this morning. Specifically it's 90 miles southeast of Daytona Beach, which puts Melbourne Beach and Cape Canaveral right in its immediate path. The center of the storm is expected to move up the Florida coast through tonight and hit the Georgia and South Carolina coasts tomorrow. 
The Nobel Peace Prize goes to Colombian President Juan Manuel Santos for his efforts to end 52 years of war with Marxist rebels. The peace agreement he forged with the FARC guerrillas was rejected by Colombian voters just days ago.
The British pound took a 10 percent hit in a matter of seconds during overnight trading before quickly rebounding. Even after the bounce, it was still trading down 1.3 percent from late U.S. levels. Traders were bruised and confused in the absence of any major news. "This was even a bigger move than what we saw after the Brexit vote. There were almost no offers, no bids when this happened," said a trader at a European bank in Tokyo. The pound had been under pressure over growing fears of a "hard" exit by Britain from the European Union.
Around Wall Street Digits of the day: 156,000 That's how many jobs the U.S. economy added in September, falling short of the Wall Street consensus of 175,000 jobs. The unexpected slower growth could make the Federal Reserve more cautious about raising interest rates and could ratchet up the rhetoric in the presidential campaign. - Qatari investors who own the largest stake in Deutsche Bank do not plan to sell their shares and could buy more if the embattled German bank decides to raise capital. Funds controlled by Qatar's former Prime Minister Sheikh Hamad bin Jassim al-Thani bought 6.1 percent of Deutsche in mid-2014 and increased their stake to just under 10 percent, including options, in July this year.
- World finance leaders decried a growing populist backlash against globalization and pledged to take steps to ensure trade and economic integration benefited more people currently left behind. Their comments at the start of the International Monetary Fund and World Bank fall meetings signaled frustration with persistently low growth rates and the surge of public anger over free trade and other pillars of the global economic system.
Around the world - Behind Philippines President Rodrigo Duterte's so-called war on drugs is a system that predates the arrival of Spanish colonizers in the 16th century. It's called barangay: a system of local officials who help police officers draw up lists of suspected criminals in each district. And what do the police do with the lists? It's not for us to say. But more than 3,600 people have been killed in the war on drugs since Duterte took office on June 30.
- An increase in activity at North Korea's nuclear test site could signal preparations for a new test or a collection of data from its last one, a U.S.-based monitoring group said, citing satellite images. The 38 North group, run by Johns Hopkins University's School of Advanced International Studies, said there was activity at all three tunnel complexes at the Punggye-ri nuclear test site.
- Rebels holed up in Aleppo can leave with their families if they lay down their arms, Syrian President Bashar al-Assad said. And you can trust him, because his government would never use chemical weapons, bomb aid convoys or commit human rights abuses against civilians. Assad also vowed to press on with the assault on Syria's largest city and recapture full control of the country.
Around the country - A New Jersey commuter train accelerated to twice the speed limit shortly before it crashed into a station in Hoboken last week, investigators with the National Transportation Safety Board said. The engineer applied the brakes less than a second before the train crashed into the station's bumping post, according to information obtained from the train data recorder.
- A South Carolina prosecutor wants to charge a 14-year-old boy as an adult on two charges of murder and three charges of attempted murder following a schoolyard shooting last month that convulsed the community of Townville. Officials have accused the boy of killing his father, and opening fire on an elementary school playground.
- New York City police are looking for whoever draped a gigantic banner featuring a portrait of Russian President Vladimir Putin over the side of the Manhattan Bridge. The 20-by-30-foot banner appeared on the side of the bridge between lower Manhattan and the borough of Brooklyn, featuring Putin dressed in a suit in front of the Russian flag with the word "Peacemaker" in capital letters. Donald Trump didn't do it. He was en route to New Hampshire.
Today's reason to live Paul Simon – Hurricane Eye |
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