In a surprising turn of events, satirical news outlet The Onion has acquired Alex Jones's controversial platform, Infowars, following a bankruptcy auction. The sale, finalized with the assistance of families of Sandy Hook shooting victims, comes as Jones faces over $1 billion in defamation judgments for falsely labeling the tragic event a hoax. One victim's father expressed that the closure of Infowars represents \"the justice we have long awaited and fought for.\"
The CEO of The Onion's parent company announced plans to relaunch Infowars in January, intending to produce satire targeting conspiracy theorists. He emphasized the moral choice behind the acquisition, stating, \"It was us or Alex Jones... we decided to do the second thing.\" Shortly after the announcement, the Infowars website went offline, with Jones claiming to broadcast from a new studio. A bankruptcy judge has scheduled a hearing regarding the sale after Jones contested the auction's terms.
In economic news, the number of Americans filing for unemployment benefits has dropped to a six-month low, with first-time jobless claims decreasing by 4,000 to a total of 217,000, indicating continued stability in the labor market. Meanwhile, wholesale prices rose by 0.2% in October, attributed to increased service costs.
On Wall Street, stocks closed lower following comments from Federal Reserve Chair Jerome Powell, who indicated that there is no immediate need for further interest rate cuts. The Dow Jones Industrial Average fell by over 200 points, while the Nasdaq and S&P 500 also ended in negative territory.
In sports, Lindsey Vonn, the three-time Olympic medalist, is making a comeback to competitive skiing after retiring in 2019. At 40 years old, she is rejoining the US Ski Team just in time for the World Cup circuit this winter, having undergone partial knee replacement surgery earlier this year. Vonn reported that her training sessions have been pain-free, signaling a promising return to the slopes.