November 1, 2026: Stevens Endorses Rogers, Judge Tosses DOJ Alaska Lawsuit, More

0:02 News when you want it with Bloomberg News Now, I'm Doug Krisner. Democrats and Republicans are making a final push to rally voters ahead of the midterm elections on Tuesday. Most surveys show Democrats positioned to gain the congressional seats necessary to take control of the House. They are also optimistic about their chances in the Senate, with seven races closely contested, and that would include Michigan. And that is where the Democratic Party is dealing with a shock from one of its members today. Democratic Congresswoman Haley Stevens has endorsed Republican Senate candidate Mike Rogers. Now, Stevens was defeated by Abdul El-Sayed in the Democratic primary back in August. Today, she appeared at an event with Rogers after she was

0:46 dropped from a planned joint appearance with El-Sayed. Here is Stevens.

0:51 This is the conscience of the Senate right now and our Michigan moment.

0:57 And I'm just letting you know where I am.

0:59 Now, El-Sayed reacted to Stevens's endorsement of Rogers.

1:04 At the end of the day, I actually don't think about Haley Stevens. I think about the, like I said, the 9,999,998 people who are not those two.

1:14 Because you know what?

1:16 I'm just less interested in the politics of it all than I am in the policy of it all.

1:21 Democrats swiftly criticized Stevens and rallied behind El-Sayed. The Michigan Democratic Party and Senate Democratic Leader Chuck Schumer reaffirmed their support for El-Sayed and rejected Stevens' decision to campaign with Rogers. A federal judge has dismissed a lawsuit brought by the Department of Justice to block certification of Alaska's U.S. Senate race if Republican incumbent Dan Sullivan were to lose. The DOJ wanted an investigation into whether votes cast for retired teacher Dan J. Sullivan were actually intended for incumbent Senator Sullivan.

1:59 The judge said the relief sought by the government was infeasible because many voters have already cast their ballots. Now, this ruling comes as Senator Sullivan questioned Democratic opponent Mary Patola's denial that she knew of efforts to recruit the other Sullivan into the race. Connecticut Senator Chris Murphy has been hospitalized after suffering a stroke. His office says he experienced numbness in his arm while attending his son's hockey game on Saturday. Murphy was taken to a hospital where doctors determined he had suffered a stroke. His chief of staff said the senator was awake and alert, and doctors are encouraged by his progress. Murphy's office says it is optimistic that the senator will be making a full recovery.

2:42 A business jet crashed on Sunday afternoon in Palm Beach County, Florida. Authorities say all nine people aboard a Learjet 60 were killed. This aircraft departed Austin, Texas and was headed to the Bahamas when it plunged to the ground and exploded. The circumstances remain under investigation. The FAA is sending a team to support the National Transportation Safety Board in its investigation.

3:06 Gulf states say another U.S.-Israeli attack on Iran could unleash a more destructive war across the region. Iran has elevated those fears recently with some new threats. Supreme Leader Moshe Taba Khamenei ordered commanders to prepare for immediate retaliation without geographical limits. And President Trump has repeatedly said the U.S.

3:27 and Israel would finish the job. Trump has also left open the possibility of renewed attacks while peace talks remain deadlocked. Here is Bloomberg's Michelle Jamrisco.

3:37 You're already seeing new fronts in the region. So this is one of the things that makes engagement with Iran so complicated is that every time you engage Iran militarily, you kind of kick up these other proxy groups across the region, sometimes not to Iran's benefit.

3:52 That is Bloomberg's Michelle Jamrisco. Canadian Prime Minister Mark Carney spoke with President Trump regarding a potential trade deal, and he said both Canada and the U.S. would work on a mutually beneficial agreement in the weeks ahead. Carney said the conversation was built on recent discussions over the outlines of a deal, and any agreement should create jobs, improve affordability, and respect Canada's sovereignty. The crypto exchange Binance posted net outflow.

4:21 Of $ 3.

4:21 6 billion over That's after restoring customer withdrawals on Sunday. It's a relatively soft blow following the largest cyber theft in history. Last Thursday, Binance froze withdrawals in the aftermath of a $ 6. 3 billion hack. The company pledged to reimburse all customers in full. This attack has been attributed to North Korea. Some of the biggest names in technology will be reporting earnings in the week ahead, including Apple and Palantir.

4:51 and the market will continue to interrogate the sustainability of spending on AI after another losing week for stocks. On Friday, the Nasdaq 100 entered a correction, and over the weekend, Morgan Stanley's chief equity strategist Mike Wilson said there are several clearing events that could temporarily push the market lower, although he remains bullish on the longer-term outlook. Wilson is expecting the S & P 500 to climb after clearing events finish out that correction. Along with the U.S. midterms, the October jobs report is the highlight of the economic calendar in the week ahead. More from Bloomberg's Karen Moscow.

5:30 It's a busy week ahead that begins with reports on construction, spending, and manufacturing, as well as earnings from Apple. Tuesday, we get factory orders, durable goods orders, and Jolt's job openings. And voters go to the polls to cast ballots in the midterms. Wednesday, it's the trade balance and a look at service industries. The weekly report on initial jobless claims is out on Thursday, along with a BOE interest rate decision.

5:52 And Friday, it's the October jobs report, as well as consumer sentiment from the University of Michigan. Karen Moscow, Bloomberg Radio.

6:00 In sports, Andreas Almgren of Sweden won the men's race at the New York City Marathon, and Sheila Shipkirui of Kenya won the women's race. And that is news when you want it. With Bloomberg News Now, I'm Doug Krisner, and this is Bloomberg.