Wall Street loves gridlock. But gridlock isn’t always great

New York (CNN Business)1. Divided government: American drivers hate gridlock, but investors seem to love it, at least when it’s slowing down the wheels of Congress. But Sam Stovall, chief investment strategist at CFRA Research, cautions that the S&P 500 has only gained an average of 3.5% in the 12…

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Miley Cyrus, Neil Young, Gerard Butler among those to lose homes in California wildfires

(CNN)The deadly wildfires ripping through California have forced hundreds of thousands of residents to evacuate, including some celebrities whose homes have been lost to the blazes. Butler posted a photo on Twitter of the charred remains of his Malibu home and thanked firefighters for their courage. View this post on…

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Kim Kardashian, Lady Gaga among those awaiting word on homes as California wildfires rage

(CNN)A growing number of famous faces are among those who are waiting for word on their homes as multiple wildfires rage in California. “Pray for Calabasas,” Kardashian West wrote on an Instagram story. “Just landed back home and had 1 hour to pack up & evacuate our home. I pray…

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Reporters gear up for around-the-clock coverage of California fires

(CNN)The stories of the California wildfires are being told through video diaries by survivors, vivid updates from reporters, and wall-to-wall live coverage by local stations. And as Lizzie Johnson of the San Francisco Chronicle tweeted Sunday night, “we aren’t out of this yet.” Not even close. Red-flag conditions persist both…

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Melbourne attack: Suspect was inspired by ISIS but had no direct contact, police say

(CNN)A man who stabbed three people after his pickup truck burst into flames in a Melbourne street was known to authorities for his radical views but was not considered a threat, Australian police said. “The event yesterday for us is a reality check. Even with the fall of the caliphate…

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California wildfire wipes out much of one town, kills 9

(CNN)One of three major wildfires roaring though California has burned its way into state history as the most destructive blaze on record in terms of structure loss, with more than 6,700 structures gone in two days, according to Cal Fire, the state’s fire-fighting agency. “There’s really not much left. There…

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5 things to know for November 6: Midterms, Cameroon, USA Gymnastics, Amazon, space

(CNN) 1. Midterm elections He’s not on the ballot, but today’s midterm elections are all about President Trump. He’ll either be rewarded for overseeing a booming economy and implementing new plans or punished for new policies and his unconventional style. Either way, we’ve never seen midterms with this much hype. Independents may end up…

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Facebook removes more pages, as FBI warns Russia still targeting American voters

(CNN)Facebook took down a network of Facebook pages and Instagram accounts Monday night after a tip from US law enforcement, just a few hours before polls open in this year’s midterm elections. “Once we know more — including whether these accounts are linked to the Russia-based Internet Research Agency or…

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