Friday, October 10th, 2025 - Israel-Gaza ceasefire in effect; NY AG indicted; Recession fears; Candy inflation; Pope Leo’s letter

2025-10-10

Today’s Headlines: A ceasefire in Gaza officially took effect after Israel’s security cabinet approved the deal brokered in Egypt — Israel and Hamas agreed on mutual pullbacks and a hostage-prisoner swap, while aid groups are already mobilizing for Gaza. Meanwhile, Trump’s longtime nemesis, New York AG Letitia James, has been indicted for allegedly fudging a mortgage document to help her niece buy a house — federal prosecutors previously passed on the case, and James insists it’s a paperwork mistake, not a crime. In Chicago, a judge just blocked the Trump administration from sending in the National Guard for its immigration crackdown — which, if history is any guide, will only make Trump want to do it more. At the Pentagon, nearly 300 employees are under investigation for online comments about Charlie Kirk after his death — part of Defense Secretary Pete Hegseth’s new “don’t speak ill of Charlie” policy. Also confirmed by the Senate: the same NOAA chief who presided over Trump’s infamous “Sharpiegate” hurricane stunt. So… good luck getting accurate forecasts, ladies — the pressure’s in your barometer breasts now. Economically speaking, it’s a spooky season — Moody’s says 22 states are either in or near recession thanks to tariffs, federal job cuts, and immigration slowdowns (sound familiar?), while cocoa prices have doubled and candy inflation is up 8%. Guess no one’s getting those full sized bars this Halloween. Overseas, the U.S. just bailed out Argentina with $20 billion after its libertarian president Milei crashed the economy. In return, China’s buying Argentina’s soybeans instead of ours, screwing over Iowa farmers — so Trump’s now considering a $10–14 billion bailout for them, too. And finally, Pope Leo dropped his first major document as pontiff, urging compassion for migrants and reminding Catholics that “the poor are part of our family.” In a world full of Stephen Millers, be a Pope Leo.

Resources/Articles mentioned in this episode:

CNN: Israel and Hamas agree to first phase of Gaza ceasefire plan

NYT: What Are the Charges in Letitia James’s Indictment?

Axios: Judge blocks Trump's deployment of National Guard to Chicago

WaPo: Hegseth’s hunt for Charlie Kirk critics spans nearly 300 investigations

NYT: Senate Confirms Neil Jacobs, ‘Sharpiegate’ Meteorologist, to Lead NOAA

Axios: 22 states are in a recession or close to it, new analysis finds

Axios: Halloween scare: Candy costs are soaring

Axios: The U.S. bought Argentine pesos, Bessent says

WSJ: Trump Explores Bailout of at Least $10 Billion for U.S. Farmers

Axios: Pope Leo's first encyclical: Faith means defending migrants

Morning Announcements is produced by Sami Sage and edited by Grace Hernandez-Johnson