
Estimate revised upwards by $2,000, released on midterm election day
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The estimate by Moody's Analytics for CNN quantifies the cost of the war in Iran for American families, revised upwards from 2,000 to 2,147 dollars. The calculations are published on the day of the mid-term elections, with the cost of living at the center of voters' decisions.
The war in Iran cost American families $2,147 each. Moody's Analytics does the math for CNN, revising the previous estimate of $2,000 upwards. Moody's Analytics calculations arrive on the day of the mid-term elections which see the cost of living at the center of voters' decisions.

The European Central Bank is moving towards an interest rate hike in December, according to Joachim Nagel, president of the Bundesbank and member of the ECB Governing Council, who called the increase "most likely necessary" if the inflation outlook does not improve significantly. The Board of Directors will meet on 17 December.

A hacker attack tampered with the temperatures of the cold rooms of some Coop supermarkets in Sicily, including Palermo and Catania, causing the loss of a considerable quantity of food products and damage estimated at thousands of euros. Between twenty and thirty stores would have been affected.

The race to succeed Christine Lagarde at the helm of the European Central Bank opens, with the Netherlands and Spain in the front row for the presidency of the Eurotower. The twenty-one Eurozone countries have until 6 November to submit their nominations, in view of the Eurogroup discussion on 9 November in Brussels.

The Flacks group denies the rumors of exiting the tender for the former Ilva and confirms that it intends to invest in Taranto with electric ovens, awaiting a call from the government to discuss the proposal.

European stock markets close cautiously awaiting the mid-term elections in the United States and the diplomatic attempt to resolve the crisis in the Middle East. Milan gains 0.33%, while London, Madrid and Frankfurt lose. In New York the Dow Jones limited the decline to 0.18% and the Nasdaq accelerated to +1.07%. Crude oil and gas falling, government bond yields rising, BTP-Bund spread at 112.8 points.

Intesa Sanpaolo closes the first nine months with a profit of 8.2 billion (+8.1%). The third quarter result reaches 2.6 billion. The group raises its net profit forecast for the year to over 10 billion, confirming a payout ratio of 95%.