Thursday, November 1

ByKevin Sheekey

Shifting Midterms Landscape: Rare Drop Seen in National Rifle Association Campaign Spending as Gun Safety Groups Set to Outspend Pro-Gun Groups (Associated Press)

The shift comes as spending to support tougher gun control measures has surged. Everytown for Gun Safety, a group founded by former New York City Mayor Mike Bloomberg, pledged $30 million for this year’s election, and has continued to put new money into competitive races in the final days.

It’s the first time under current campaign finance laws that the NRA might be outspent by gun control groups, though the organization often ramps up spending late in the campaign. That money won’t show up in federal financial reports until after Election Day.

Bloomberg promises to keep up the pressure on lawmakers and candidates he’s backing if they end up on Capitol Hill. “I’ve put an awful lot of my money and an awful lot of my time into this,” he said in an interview with The Associated Press. “I’m not going to forget it. I’m not going to walk away.”

He continued: “The nice thing about the House … you get another crack at deciding to support them or somebody else two years from now.”

Poll Alert: Mike Bloomberg Defeats President Trump in 2020 by 43% to 40% (Zogby Poll)

Green Groups Spend Record Sums to Flip ‘Most Anti-environmental Congress in History’ (McClatchy)

U.S. Job-Cut Announcements Surge by 37% in October (Wall Street Journal – subscription)
Employer job cuts announced in October more than doubled from a year ago.

Brexit Headlines:
-U.K., EU Officials Push Back Against Brexit Bank Deal Report
-No Sleep Till Brexit: The City Scrambles to Deal With Quitting the EU (Bloomberg Businessweek)
-Pound Sees Biggest Rally in Two Months on Faster Rate-Hike Bets (Bloomberg)

Headlines from around the world.

Best of late night.

“It’s late at night, and if you’re like most people, by now you’ve put your kids to bed, and you’re just working out how much of their candy you can eat without them noticing.”
— James Corden

“A man in New Hampshire recently broke a record for the largest pumpkin grown in North America, weighing in at over 2,500 pounds. Which means the previous record-holder for the world’s largest pumpkin now has to rethink his entire life.”
— James Corden

“That’s right it’s almost midnight on Halloween night, which means that every CVS employee is frantically stocking the shelves with Christmas decorations. ”
— Jimmy Fallon

For more Best of Late Night from the New York Times, click here.

By submitting my information, I agree to the privacy policy and to learn more about products and services from Bloomberg.