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News Wrap: Nor'easter Hits East Coast, Nobel Economics Prize Awarded, and More

PBS NewsHourOctober 13, 20255 min6,095 views
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Nor'easter Storm Impacts East Coast

  • ⚠️ New Jersey and parts of New York declared emergencies due to a powerful nor'easter storm slamming the coast.
  • ⚡ A woman in New York City died when a solar panel detached from a rooftop, and transit workers took measures to prevent subway flooding.
  • 🌊 The storm, after hitting the Carolina outer banks, is expected to bring strong winds and flooding from Virginia to New Jersey, with residents reporting extreme surf conditions.
  • 💨 In western Alaska, dozens were rescued after the region was severely impacted by the remnants of typhoon Halong, with three people still missing.

Global Disasters and Political Unrest

  • 😥 Officials in Mexico reported at least 64 deaths from recent rains and flooding, with dozens missing, primarily in Veracruz, Hidalgo, and Puebla.
  • 📉 Thousands in affected Mexican areas remain without power and running water, with officials warning the death toll could rise due to flooding and landslides.
  • ✊ Madagascar's President Andry Rajoelina stated he had to flee to a secure location amid protests led by a youth group, which expanded from issues of water and electricity outages to broader government anger.
  • 🚨 An elite military unit joined the protests, leading the president's office to claim a coup was underway, though protesters asserted their struggle for systemic change continues.

Nobel Prize in Economics and Market Reaction

  • 🏆 Three researchers were awarded this year's Nobel Prize in Economics for their work on the concept of "creative destruction", which explains how new innovations replace older technologies and businesses.
  • 📈 On Wall Street, stocks recovered significantly, with the Dow Jones industrial average adding nearly 600 points, the NASDAQ jumping almost 500 points, and the S&P 500 ending sharply higher, following President Trump's efforts to ease concerns about China tariff threats.

Podcast Milestone and Political Headlines

  • 🎙️ Marc Maron concluded his podcast "WTF" after 16 years and over 1600 episodes, which began in 2009 and became a template for many subsequent podcasters.
  • 🎤 Former President Barack Obama was the final guest on Maron's podcast, highlighting Maron's popularity and the show's core decency.
  • 📰 Upcoming segments on the "Newshour" include the state of the government shutdown and a breakdown of political headlines by Tamara Keith and Amy Walter.
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What’s Discussed

Nor'easterEmergency DeclarationsTyphoon HalongFloodingLandslidesNobel Prize in EconomicsCreative DestructionEconomic GrowthWall StreetStock MarketChina TariffsWTF PodcastMarc MaronBarack ObamaGovernment Shutdown
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