Friday, November 13th Edition
 

Today’s Big Story

The Microsoft Outage

 

The widespread breakdown shut down Outlook and other 365 services

 

Outlook went dark shortly before 1 p.m. ET Thursday, and with it went a good chunk of the American workday. Were you one of the many Microsoft 365 users who lost access to email on the web and in apps? The complaints spread fast to Teams, Azure, OneDrive and Copilot. Downdetector logged roughly 130,000 Outlook reports, though Microsoft hasn’t given a user count of its own.

The company pinned the problem on Exchange Online and first blamed “elevated load across multiple regions.” Then it walked that back. The load wasn’t a traffic spike, Microsoft said, but “a number of servers being unexpectedly unavailable”—with failed health checks possibly originating in the very component that processes server health. In other words, the thing checking the servers may have been the thing that broke.

While people seemingly enjoyed the break, recovery crawled. By later afternoon, Microsoft said an alternative health check method had returned some servers to service. By about 6 p.m. it reported limited regional recovery and gave no ETA for full restoration. Teams issues were declared mitigated. No confirmed root cause had been released as of Thursday evening.

Employees at Amazon Prime Video, Skydance and NBCUniversal told Deadline they were cut off from email entirely. Online theories ran wild (hackers, GTA VI pre-orders, the Nvidia CEO news) but experts noted there were no indications of any cause. CNBC reported AWS and Google users also flagged problems on Downdetector, though Amazon said its services were running normally and blamed inaccurate reporting. Microsoft shares closed up slightly at $523.

So the market shrugged while millions of people stared at a spinning icon or scrolled social media. Whether service was fully restored overnight—and what actually knocked those servers offline—remains to be seen. Hang in there.

 
Yes, But:

These situations always produce the best memes, don’t they?
 

Oil Prices Rise Again

 

Why? Trump said American doesn’t need a deal with Iran

President Donald Trump killed the Iran talks with a Truth Social post Thursday. “We’ve got their money, Hundreds of Billions of Dollars, and we’ve got their Strait!" he wrote, arguing the U.S. doesn’t need a deal. He also pulled Vice President JD Vance off the negotiations. Vance had been leading the push to restart them, you might recall, but he’s now been redirected to crime and corruption in Democrat-run cities and states.

The oil market heard that loud and clear. Brent settled 3.3% higher at $95.82 and WTI rose 2.6% to $88.74, CNBC reports. Both are still down sharply for November, which is the tell: traders priced in a ceasefire that isn't coming. Analysts warned that Trump’s claim on the Strait of Hormuz could invite more Iranian attacks on shipping—basically, the opposite of what a settled market assumes.

Neither Tehran nor the White House had elaborated on the post, and nothing in the reporting explains what flipped Trump. Focus on the tankers, not the tweets.

 
Dig Deeper:

John Kilduff, a partner at Again Capital, told CNBC investors may have been too quick to price in an end to the fighting.
 

American Wealth vs. Health

 

A study of 73,000 adults found America’s richest still die sooner than most Europeans

Money doesn’t buy you out of this one. A Brown University study published in the New England Journal of Medicine tracked more than 73,000 adults ages 50 to 85 across the U.S. and 16 European countries for roughly a decade starting in 2010. Americans died sooner at every wealth level—and the richest Americans were no exception.

The wealthiest Americans posted mortality rates about 35% higher than their northern and western European counterparts, Fortune reports. Their survival odds matched the poorest quartile in France, Germany and the Netherlands. Meanwhile, the U.S. spent an estimated $14,775 per person on health care in 2024—nearly $7,000 more than comparable wealthy countries, which average 3.7 more years of life expectancy.

Wealth still matters within each country. As one doctor explained, “we found that where you stand in your country’s wealth distribution matters for your longevity, and where you stand in your country compared to where others stand in theirs matters, too.”

 
Meanwhile:

About 26.7 million Americans went uninsured for all of 2025.

Have you
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Today’s Member Extras

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Today on

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Morning Motto

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