The News Roundup For October 16, 2026

In the last consumer snapshot before the 2026 midterm elections, the annual rate of inflation rose 3.7 percent.

Meanwhile, Tesla CEO Elon Musk is set to become the biggest donor of this midterm cycle, after spending more than $366 million on conservative candidates and causes.

And the Trump administration is once again targeting Rep. Ilhan Omar, with federal agents issuing subpoenas to her family as they searched her family history for instances of fraud.

And, in global news, fighting between the Saudis and the Yemeni Houthis is intensifying. A building owned by major Saudi energy company was the latest casualty as it was set ablaze late Tuesday. On Thursday, a presidential palace in Aden was also hit

Also in the Middle East, Iranian drone and missile attacks are heating up in the Strait of Hormuz. At least six cargo vessels were attacked and sunk this week.

In France, President Emmanuel Macron is accusing student protesters demonstrating against conditions in the nation’s schools of harboring political motivations and being exploited by his enemies. And in India, protestors put pressure on Prime Minister Modi.

We cover the most important stories from around the world in the News Roundup.

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