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Tuesday, October 20, 2026 |
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Good Morning! On this day in 1541, Spanish explorer Francisco Vázquez de Coronado described the Llano Estacado, the land south of the Canadian River in northwest Texas and northeast New Mexico. He told Spain's king the plains had "no more landmarks than if we had been swallowed up by the sea." F1 returns to Austin this weekend. Answer our Poll below about whether you'd take a spin in an F1 car, and stop by Et Cetera to see a giant COTA cowboy hat. Hit reply to let us know your motorsport of choice.
What does $1 million actually get you once retirement hits? A life of cruises and beach houses, or something far more ordinary? How much disappears into housing before the first trip is booked? What happens when the medical bills arrive, and is there anything left for the grandkids? And the biggest factor in how far a million goes: It's not the stock market, and it surprises almost everyone. On today's episode of The Flyover Podcast, Ayla counts down the five things you need to know about retiring with seven figures. Tune in here! Your personal information could be for sale online without your knowledge. Later today, watch for a message from our partner, Incogni, about removing your data from hundreds of websites, plus a special 58% discount for Flyover readers. Today’s sponsor, Fisher Investments, is offering a guide for tips and advice on creating a retirement strategy that’s cohesive, current, and aligned with your full financial picture.
Abilene 🌤️ 80°/57° | Amarillo 🌤️ 77°/54° | Austin 🌤️ 84°/52° | Brownsville 🌦️ 88°/69° | Corpus Christi 🌤️ 88°/66° | DFW ☀️ 81°/58° | El Paso 🌤️ 85°/64° | Houston ☀️ 83°/63° | Laredo 🌤️ 89°/61° | Lubbock 🌤️ 77°/55° | Midland 🌤️ 79°/58° | San Antonio 🌤️ 85°/57° | Tyler ☀️ 81°/49° | Waco ☀️ 82°/48°
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 Musk Pledges SpaceX Stock for Kids
Elon Musk pledged Monday to give one of his own SpaceX shares to "every kid in America" next year, a gift worth more than $10 billion at Friday's closing price. Musk announced it on X, writing, "This will be the first of many." He didn't say which ages would qualify or how the shares would be distributed, though he could use Trump Accounts, the new investment accounts for children. The pledge came a day after AI company Anthropic said it would commit 5% of its shares to a new public benefit fund. Musk answered that post on X: "I recommend giving the shares directly to the public." Investor Brad Gerstner, who helped create Trump Accounts, called it the "largest philanthropic gift in history." Musk has fallen short on past pledges, including a promise of up to $1 billion to OpenAI, which received about $38 million. |
Supreme Court Takes Up Distilling BanThe U.S. Supreme Court agreed Monday to decide whether a federal law dating to the 1860s can stop Americans from distilling whiskey, vodka, and other spirits at home, in a case brought by Texas hobbyists. Violators face up to five years in prison and a $10,000 fine. In April, the 5th U.S. Circuit Court of Appeals sided with the Texas-based Hobby Distillers Association against the ban, while the 6th Circuit upheld it in an Ohio case. Challengers call the 1868 law a relic of Reconstruction-era politics, arguing Congress overstepped its taxing power. Government lawyers counter that the ban keeps producers from dodging federal liquor taxes and warn that striking it would erode Congress' authority. Rick Morris, who started the Texas group in 2013, says distilling is the natural next step for hobbyists who already make beer and wine. The justices are expected to hear arguments next year and rule by the end of June. |
State Fair Wraps UpThe State Fair of Texas, which wrapped Sunday, drew nearly 2.1 million people during its 24-day, 140th-anniversary run, about 100,000 more visitors than last year, fair leaders said. The busiest day was Oct. 10, when more than 203,000 fairgoers turned out for the Texas-Oklahoma game at the Cotton Bowl. Visitors downed about 450,000 Fletcher's corny dogs and hauled off 500,000 Midway prizes worth about $1.8 million. Vendors handed leftover food to pantries near Fair Park on Monday, adding to the 110,655 pounds the fair collected for the North Texas Food Bank. Youth livestock and scholarship programs raised a record $2.7 million, and 103 students received $1.2 million in college scholarships. Among the crowds was a 77-year-old Ohio man who got bored a week into retirement and set out to visit every state fair in America. Texas was Jim Chew's 30th, and he rated it "a 9 or 10 out of all the fairs." |
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Flying together with our sponsor 
The Definitive Guide to Retirement Income
A successful retirement strategy should account for more than individual investments. Your goals, health, spending needs, family, and other accounts all shape the approach that may be right for you. For investors with $1 million or more, bringing those pieces together can be especially important. The Definitive Guide to Retirement Income explores how to balance short-term volatility against long-term growth needs, prepare for inflation, coordinate your portfolio, schedule withdrawals, and keep your retirement plan current.
Download the guide for tips and advice on creating a strategy that’s cohesive, current, and aligned with your full financial picture. Then schedule a conversation with a financial professional to discuss ways to bring your retirement plan to life.
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➤ Houston: Italy agreed to extradite Lee Gilley, accused of killing his pregnant wife in the Heights, but only on a murder charge rather than capital murder, his attorney said. Gilley allegedly cut off his ankle monitor and fled in May. (More) ➤ Tyler: The city approved a study of the Lake Tyler East Dam, built in 1967, after crews found sinkholes and possible seepage near the spillway last year. The lake supplies about half of Tyler's drinking water. (More) ➤ Dallas: A federal grand jury indicted four Texans accused of selling sham trusts that hid over $1.5 billion in income and cost the government over $200 million. One allegedly spent investors' $2 million on a Rolls-Royce and a yacht down payment. (More) ➤ El Paso: Smoke from an elevator transformer fire forced 200 people out of the downtown El Paso County Courthouse Monday morning, and the building stayed closed the rest of the day. Workers got the evacuation order by text, the fire department said. (More) ➤ North Texas: A man serving 60 years for five suburban armed robberies asked a federal appeals court to toss his conviction, arguing police needed a warrant before using Flock license plate cameras to trace his travels. (More) ➤ San Antonio: The city's water system will pay $150,000 to a driver rear-ended by a utility car in a 2023 crash that left him with four herniated discs and a separated shoulder. His lawyer had sought $500,000. (More) ➤ Lubbock: The 72-year-old leader of the local Bandidos biker chapter got 135 months in federal prison Friday after agents seized about 3 pounds of 98% pure meth. Steven "Hot Tub" Ryals served an identical sentence for a 1999 meth conviction. (More)
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➤ Arch Manning remains Texas' starting quarterback after back-to-back losses, but coach Steve Sarkisian said Monday he needs to see "a better version" of him. No. 19 Texas hosts No. 7 Ole Miss on Saturday. (More) ➤ The Dallas Mavericks waived center Dwight Powell on Monday, likely ending his 12-year run in Dallas. Powell re-signed a month ago to compete for a backup role but didn’t make the roster. He averaged 6.5 points in 768 career games, all but five with Dallas. (More) ➤ Stephen F. Austin ranks No. 2 in both major FCS polls for the first time since November 2010, moving up after top-ranked South Dakota State lost. The Lumberjacks host Southeastern Louisiana for homecoming on Saturday. (More) ➤ North Crowley holds the top spot in Class 6A in Dave Campbell's Texas Football's Week 9 state rankings, ahead of Galena Park North Shore and Allen. Other class leaders include Stephenville, Carthage, and Motley County. (See Rankings) Yesterday’s Results: MLB | NFL | NHL | Soccer | NCAA Volleyball Flying together with our sponsor ➤ Don't Lose Your Precious Photos and Videos! ThePhotoStick OMNI makes protecting your favorite memories effortless! Simply plug it in, click GO, and automatically find, organize, and back up thousands of photos and videos. Compatible with phones, tablets, and computers, it eliminates complicated backups and monthly cloud fees. Protect your memories today! Get ThePhotoStick OMNI Here >> |
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➤ Austin hotels could hit 92% to 95% occupancy this weekend as Formula One returns, with Visit Austin projecting about $1 billion in economic impact. The downtown W Hotel says the four-day race weekend brings in 7% of its annual revenue. (More) ➤ The Texan, a Buc-ee's rival, is coming to Kerrville. The City Council approved a permit for a truck stop with a 20,000-square-foot store at State Highway 16 and Interstate 10. Unlike Buc-ee’s, The Texan sells diesel to big rigs. (More) ➤ A data center campus in Red Oak, about 20 miles south of Dallas, hasn't used water for cooling since it opened, Compass Datacenters CEO Chris Crosby says. The facility recirculates coolant in a closed loop and will eventually span 10 buildings. (Tour Campus) Flying together with our sponsor ➤ Keep Every Meal Hot and Delicious! Tired of food getting cold before everyone finishes eating? The Urban Cooks Heating Mat helps keep your favorite dishes warm and ready to serve. Perfect for family dinners, holiday gatherings, and parties, this convenient warming mat makes entertaining easier and mealtime more enjoyable. Get Yours Today >> |
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Flying together with our sponsor More accounts, managers, and investment choices do not always add up to a cohesive retirement strategy. Investors with $1 million or more may benefit from stepping back to consider how each decision fits their goals, time frame, and full financial picture. The Definitive Guide to Retirement Income examines risk, inflation, portfolio coordination, withdrawals, and investment income sources. Download the guide and schedule a conversation with a financial professional to talk about your plan. |
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➤ Formula One fans at Circuit of the Americas can now drink in the shade of the world's largest cowboy hat, a 47-foot-long replica of Tecovas' Cattleman that Guinness certified Monday. (See Hat) ➤ A spooked horse landed in a Plano drainage ditch near Highway 121 Saturday after escaping with several others. After a vet sedated it, firefighters used a fire hose and a winch to lift it out. The horse walked away with minor scratches. (See Photos) ➤ Panda-themed emergency rooms now treat young patients at Christus Southeast Texas hospitals across Beaumont, Jasper, Orange, and Mid-County. A $200,000 gift from Panda Express through Children's Miracle Network paid for the rooms, specialized equipment, and comfort-focused technology. (More) Flying together with our sponsor ➤ Hot cacao vs Green Tea... Which of these hot drinks was proven in a study boost stem cells by 220% in 30 days? Billionaires drop 6 figures on stem cell therapy, but this hot drink costs 50 cents a day and boosts anti-aging stem cells improving heart health, blood pressure, and longevity. |
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The following stories are featured exclusively on The Flyover Podcast—a daily show that gives you the most important headlines in under 15 minutes. ➤ The million-dollar retirement dream is shrinking, and the biggest threat isn’t the one most retirees expect. (Listen Now) ➤ Ukrainian drone operators completed a frontline medical evacuation that had never been done before. (Hear Details) ➤ A National Guard member was shot after troops stepped in to break up a late-night street fight in Washington, D.C. (Hear Story)   
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What U.S. vice president is believed to have plotted an invasion of Spanish Texas? Show me the answer |
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