The producer price index fell 2.1% in October from a year earlier, National Bureau of Statistics (NBS) data showed, compared with an expected 2.2% decline in a Reuters poll of economists. The index has remained negative since October 2022 and dropped 2.3% in September.
Gaza health officials reported over 69,000 Palestinian deaths as body exchanges continued under a fragile ceasefire. Israel returned Palestinian remains, while Hamas returned a hostage's body. Meanwhile, settler violence escalated in the West Bank during the olive harvest, with multiple attacks injuring farmers and activists.
Air traffic control staffing shortages, exacerbated by the federal government shutdown, have led to widespread flight delays and cancellations across 12 major U.S. cities. The FAA has imposed ground delay programs, with Atlanta experiencing significant disruptions. Transportation Secretary Duffy warned of potential further flight cuts if controller absences continue.
