Bessent: High U.S. interest rates may have caused housing recession

Parts of the U.S. economy, particularly housing, may already be in recession because of high interest rates, U.S. Treasury Secretary Scott Bessent said Sunday. He repeated his call for the Federal Reserve to accelerate rate cuts.

“I think that we are in good shape, but I think that there are sectors of the economy that are in recession,” Bessent said on CNN’s “State of the Union” program. “And the Fed has caused a lot of distributional problems with their policies.”

Bessent acknowledged that although the overall U.S. economy remains solid, high mortgage rates continue to hinder the real estate market. Housing, he explained, is effectively in a recession that is hitting low-end consumers the hardest because they tend to have debts rather than assets.

Pending home sales in the United States were flat in September, according to the National Association of Realtors. The treasury secretary characterized the overall economic environment as being in a transition period.

Fed Chair Jerome Powell last week signaled that the central bank may not cut rates further at its December meeting. This stance prompted sharp criticism from Bessent and other officials from the Trump administration.

Federal Reserve Governor Stephen Miran, who is on leave from his post as chairman of the White House Council of Economic Advisers, said in an interview with the New York Times published on Saturday that the Fed risks inducing a recession if it does not swiftly lower interest rates.

Miran, who is due to return to his White House job in January, was one of two central bank governors who dissented from last week’s Fed decision to lower interest rates by 25 basis points, instead advocating for a 50 basis points cut (0.5 percentage points).

“If you keep policy this tight for a long period of time, then you run the risk that monetary policy itself is inducing a recession,” Miran said in the interview, conducted on Friday. “I don’t see a reason to run that risk if I’m not concerned about inflation on the upside.”

Bessent echoed this view, noting that the Trump administration’s cuts in government spending have helped lower the deficit-to-gross-domestic-product ratio to 5.9% from 6.4%, which in turn should help reduce inflation.

The Federal Reserve can also assist by continuing to bring down interest rates, he added.

“If we are contracting spending, then I would think inflation would be dropping. If inflation is dropping, then the Fed should be cutting rates,” Bessent said.
https://www.staradvertiser.com/2025/11/02/breaking-news/bessent-high-u-s-interest-rates-may-have-caused-housing-recession/

Pedestrian killed in hit n’ run crash on I-64 in Midtown

A man tragically died late Saturday night after being struck by multiple vehicles on Interstate 64 in Midtown.

The incident occurred under circumstances that are currently under investigation. Authorities urge drivers to exercise caution while commuting through the area.

Further details will be provided as the investigation unfolds.
https://fox2now.com/news/missouri/pedestrian-killed-in-hit-n-run-crash-on-i-64-in-midtown/

Don’t Expect a ‘Shaun of the Dead’ Sequel, Says Edgar Wright

Edgar Wright’s *Shaun of the Dead* celebrated its 20th anniversary last year. For fans hoping for a follow-up, however, those hopes will have to remain just that. While promoting his upcoming film *The Running Man*, Polygon asked the British filmmaker if he had ever considered making a second *Shaun of the Dead* film. Wright politely declined the idea, explaining that he and longtime creative partner Simon Pegg don’t feel there’s any more story left to tell with Shaun’s adventures.

In Wright’s view, many sequels “don’t really earn their keep because all the story has been told in the first movie.” He elaborated: “Shaun goes from being a kind of sad sack to being a hero by the end of the movie. So it’s very difficult to start the next movie when there’s no obvious arc.”

Looking at Wright’s filmography, it’s clear he’s not particularly a sequel-oriented director. The closest examples are his loosely connected *Cornetto* trilogy and, debatably, *Scott Pilgrim Takes Off*. Meanwhile, the zombie genre itself has seen numerous continuations. *The Walking Dead* has spawned multiple spinoffs and sequel series over the years, and *Zombieland*—a film often compared to *Shaun of the Dead*—became a mini-franchise with a sequel film in 2019 and a TV spinoff.

We’ve also grown accustomed to decades-later sequels appearing seemingly out of nowhere, with Disney leading the charge in recent years. But when it comes to *Shaun of the Dead*, Wright said he has “not recently” been approached about a sequel and is completely fine with that.

Simon Pegg shares this sentiment. In May, he stated that the film should be left alone entirely, effectively quashing any reboot rumors. For Pegg, Shaun’s story wrapped up neatly at the film’s end, and a sequel risks diluting the original. He explained, “A second [movie] can end up spoiling the original, because when you watch the original again, you’re thinking, ‘Well they’re gonna go through this other thing.’ The resolution stops having any meaning.”

That said, Pegg and Wright have previously joked about sequels where the characters fight vampires in Edinburgh or explore alternate universes. These remain fun thought exercises but, clearly, both creators are content leaving those ideas as just that—in their heads.

**Want more io9 news?**
Check out when to expect the latest *Marvel*, *Star Wars*, and *Star Trek* releases, learn what’s next for the *DC Universe* on film and TV, and get everything you need to know about the future of *Doctor Who*.
https://gizmodo.com/dont-expect-a-shaun-of-the-dead-sequel-says-edgar-wright-2000680447

C.J. Stroud injury update: Texans QB suffers concussion after taking a major hit to his head vs. Broncos

C. J. Stroud’s Week 9 matchup on Sunday against the Denver Broncos came to an abrupt and concerning end in the second quarter.
https://www.sportskeeda.com/nfl/news-c-j-stroud-injury-update-texans-qb-suffers-concussion-taking-major-hit-head-vs-broncos

Are Republicans Willing to Play the Trump Card? – Liberty Nation News

President Donald Trump has called for an end to the shutdown – even if that means going “nuclear” on the filibuster. Meanwhile, Vice President JD Vance has some tough words for congressional Democrats. Are Republicans willing to play the Trump card?

The shutdown has dragged on for a month, with no end in sight.

### Liberty Nation News: The Beltway and Beyond – The Public Square

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Everywhere the US president went in the Far East, he successfully made trade deals.
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https://www.libertynation.com/are-republicans-willing-to-play-the-trump-card/

OPINION: A Vision for Annapolis: Safer Streets, Greener Spaces, Stronger Communities

It has been a privilege to represent Ward 7 for the past eight years, and an honor to work alongside the Buckley administration and my Council colleagues. From the start, my priority has been addressing the environmental impacts of development.

We’ve made enormous strides in that regard: passing the strongest Forest Conservation and Critical Area laws in the State, strengthening stormwater management, and partnering with Anne Arundel County to designate our waterways as a No Discharge Zone. For the first time, we have a dedicated funding stream for our urban forestry program, ensuring we can achieve our urban tree canopy target of 50% by 2050. We are protecting our city from climate change.

Annapolis, together with the County, established one of Maryland’s first Resilience Authorities. It’s actively planning projects to protect our communities from sea level rise. We’ve broken ground on flood mitigation measures at City Dock and re-envisioned it as a space that prioritizes people over cars.

The top concerns I hear from residents are traffic, parking, and safety—especially along Forest Drive. That’s why I’ve made it a priority to address these issues head-on. I’ve secured funding to study and improve transit along Forest Drive and West Street, and I’m working to replicate our successful downtown circulator to connect Eastport and Ward 7 to downtown.

These efforts are designed to make our streets safer, reduce congestion, and provide more accessible transportation options for everyone. As a ward with a large senior population, ensuring they maintain mobility is crucial to remaining a connected community.

I plan to focus my next term on making Annapolis a leader in sustainable mobility. With 30% of our carbon emissions coming from the transportation sector, it’s a climate imperative.

Forest Drive is the most dangerous road in the County, with five schools along its corridor. This is a safety issue for commuters and, most importantly, for our children. We must do better.

With a housing crisis and rising home prices, it’s also an affordability imperative. We need to lower the cost of living by providing free and safe ways to get around town without relying on expensive car ownership.

While we’ve made significant progress in managing the environmental impacts of growth, past development decisions did not always prioritize the infrastructure our community needs. Too often, projects moved forward without adequate planning for traffic, mobility, and safety.

Recognizing this, we took decisive action: our new transit-oriented development code sets a higher standard, requiring developers who want higher density to work with us to deliver real solutions—safer roads, improved transit, below-market-rate housing, and essential amenities like community grocery stores. This marks a major shift towards smarter, more sustainable growth for Annapolis.

I’m proud of what we’ve accomplished together in Ward 7. We are now home to the premier accessible boating center in the country (Chesapeake Region Accessible Boating), a revitalized Ellen Moyer Back Creek Park (thanks to the Annapolis Maritime Museum), and the protected Carrs-Elktonia Beach property—soon to be our first city park with Chesapeake Bay access.

We’re leading a sustainable mobility transformation by expanding sidewalks, securing funding for traffic circles at dangerous intersections, planning a reconstruction of Edgewood Road with integrated traffic calming, and designing a multi-use path down Bay Ridge Avenue.

To my friends in Ward 7 and beyond, thank you for your continued support. I ask for your vote on November 4th so we can keep building a safer, greener, and more connected Annapolis together.

Rob Savidge is the current Ward 7 Alderman and is running for re-election. He can be contacted at [email protected].
https://www.eyeonannapolis.net/2025/11/opinion-a-vision-for-annapolis-safer-streets-greener-spaces-stronger-communities/

2 hospitalized after kitchen fire tears through Pompano Beach townhouse

POMPANO BEACH, FLA. (WSVN) — Firefighters were busy Sunday morning as they worked to put out a kitchen fire at a townhouse in Pompano Beach.

Pompano Beach Fire Rescue responded to the area near the 3900 block of Palm Aire Drive. 7News cameras captured fire crews on scene and showed the front door partly burned.

Fire crews reported that the blaze started in the kitchen before spreading throughout the residence. Two people were taken to a local hospital for smoke inhalation.

Nearby residences also suffered smoke damage, according to officials. Two adjacent townhomes have been deemed uninhabitable due to the extent of the damage.

The Red Cross is assisting all those affected by the fire. The cause of the blaze is currently under investigation.

https://wsvn.com/news/local/broward/2-hospitalized-after-kitchen-fire-tears-through-pompano-beach-townhouse/

“Sexy Mommy”: Jada Gyamfi, Chloe Bibby & More Swoon Over Footage of Caitlin Clark’s BTS Training Workout

Indiana Fever star Caitlin Clark has quickly become one of the most marketable athletes in the sports world. Her rising popularity has captured the attention of fans and brands alike.

Recently, Clark partnered with DICK’S Sporting Goods to create an exciting new commercial. As part of this collaboration, she released a behind-the-scenes video, giving fans an exclusive look at the making of the advertisement.

This partnership highlights Clark’s growing influence both on and off the court, further solidifying her status as a prominent figure in basketball and sports marketing.
https://www.sportskeeda.com/us/wnba/news-sexy-mommy-jada-gyamfi-chloe-bibby-more-swoon-over-footage-caitlin-clark-s-bts-training-workout

Kentucky meets Florida in SEC play

Florida (3-5) at Kentucky (3-5)

Date & Time: November 8 at 7:30 p.m. EST

How to Watch: SEC Network

Key Stats

Kentucky Offense

  • Overall: 346.1 yards per game (102nd in FBS)
  • Passing: 201.3 yards per game (95th)
  • Rushing: 144.9 yards per game (81st)
  • Scoring: 22.4 points per game (103rd)

Kentucky Defense

Overall: 366.9 yards per game (65th in FBS)

https://mymotherlode.com/sports/college-sports-general-news/10135528/kentucky-meets-florida-in-sec-play.html

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