The &34;Espresso&34; singer previously appeared in the &34;SNL50&34; primetime special and as musical guest in the season 49 finale. Saturday Night Live recap: Sabrina Carpenter vamps it up as host and musical guest The &34;Espresso&34; singer previously appeared in the &34;SNL50&34; primetime special and as musical guest in the season 49 finale. By Andy Hoglund Andy Hoglund Andy Hoglund is a writer at . He has worked at EW since 2019. EW's editorial guidelines on October 19, 2025 2:16 a.m. ET :maxbytes(150000):stripicc()/SabrinaCarpenterSNL101925377ea2fe35c014627b81e77fbc65d3a95.

The "Espresso" singer previously appeared in the "SNL50" primetime special and as musical guest in the season 49 finale.

Saturday Night Live recap: Sabrina Carpenter vamps it up as host and musical guest

The "Espresso" singer previously appeared in the "SNL50" primetime special and as musical guest in the season 49 finale.

By Andy Hoglund

Andy Hoglund

Andy Hoglund is a writer at **. He has worked at EW since 2019.

EW's editorial guidelines

on October 19, 2025 2:16 a.m. ET

Sabrina Carpenter delivers her monologue on 'Saturday Night Live'. Credit:

Saturday Night Live/YouTube

*Saturday Night Live*'s season 51 episodes featured Sabrina Carpenter pulling double duty as host and musical guest. She's become a friendly face at 8H in the past 18 months. A quick snapshot:

She was the musical guest during the season 49 season finale. Later, she joined Domingo and his brothers at the 50th anniversary special. Her modern-iconic "I'm on SNL and you're not" was all over the marketing for that. And back in May, she popped up in Quinta Brunson's monologue, singing about being short with Marcello Hernández and Dwyane Wade. **

I am joined tonight by the legend Jeff Richards who actually spent a few moments with Carpenter during the SNL50 festivities back in February.

"It was great talking with Sabrina and Jenna Ortega at the SNL50 after-party, both so grounded and kind. Sabrina has this rare, magnetic charm like a modern Marilyn Monroe with a sense of humor." Recalling her duet of "Homebound Bound" during the special's cold open, he noted: "Her performing with Paul Simon was a highlight of the night, she's the real deal."

People seemed happy with Amy Poehler's return last week — nearly half of you selected A in my poll. Scroll below, let's see if Sabrina continues the trend.

Why Bowen Yang isn't on 'SNL' for Sabrina Carpenter episode

'SNL' fails to pay tribute to past musical guest D'Angelo after singer's death at 51

After a 12-minute delay due to college football, we get underway! It's Domingo. Yes, they are mining that again — this time with next generation cast members as the out of tune friends, an interesting development for an otherwise tired sketch. Songs include Lady Gaga's "Abracadabra" revealing secrets about a wife (Chloe Fineman) and her fling with Marcello Hernandez's Domingo. **

Sabrina returns as one of the good friends to Fineman's Kelsey. She was previously in the vow renewal. The premise this round: They went to Nashville. "This is strike six!" cries the cuckolded husband played by Andrew Dismukes. One note and not funny — though I love a recurring character superseding obvious political material for the cold open!

(Many expected Trump's pardon of George Santos to be an obvious premise for tonight's cold open; alas, Bowen Yang is not in the studio tonight.)

People got freaked out by the cover of Carpenter's latest album. She discusses SNL50 and being a provocative "horndog" pop star. She loves talking to normal people, going out into the audience. Kenan pops up to confront her for impersonating a police officer at her concerts. This was brief — she is charismatic and fun, I am surprised how rushed/one-note this was. Blame the USC game?**

Jeff Richards recently had TikTok star Faith Elizabeth on his podcast portraying Carpenter (among others). Check it out. It's brilliant.

"Boys Podcast"

Teen boys giggle about Halloween candy and vegetables, using a lot of silly, indecipherable Gen Z slang. I think Carpenter and Fineman are hilarious here. Fire episode!**

Their first guest is Donald Trump (James Austin Johnson). They ask him about his favorite Airhead, and he starts ranting about Ukraine and Santos. ("He's weird, he's a liar.") He rants for a while before answering blue. He turns the conversation back to himself and whether he's getting into heaven.

This is a well-executed satire at podcasts, youth culture, and Trump's odd role in both, especially online. I like it!

"Plans" Movie Trailer

From the studio that brought you *Insidious* — this is about people who get anxiety over making plans. In this horror movie spoof, a couple (Ben Marshall, Carpenter) realize they made plans with her cousin and her husband months ago. A lot of fun tidbits here, watch this!

"Shop TV: Pillow"

Rhett is back! Folks will remember this one from a few times before. Now Mikey Day's Rhett is joined by Ashley Padilla's co-host Bev, a sign that Padilla is again seen as a star this season. **

Carpenter's suggestive travel neck pillow is the hook here — as a reminder, these ShopTV sketches are all about the naughty sight gags and double entendres. Meh.

"Girlboss Seminar"

It's the "Girl Boss Female Confidence Seminar," a corporate event featuring Queen Lisha (Carpenter), who preaches platitudes about jealousy being a disease and FOMO right before being thrown through a wall. Audience member Sarah Sherman is rightfully concerned (or is she just being a hater). Lisha speaks nonsense — or is that because she is concussed? Or just internalized misogyny?**

Nice performance work and energy from Carpenter here, a reminder she is not your standard pop star singer trying out her comedy chops. She started out on the Disney Channel!**

"Grind" Song

Yang appeared in the episode after all. He anchors this pretape about "middle-school lovin'" — that's right, the awkward coming-of-age moments being captured at organized dances and the grinding that occurs. I loved this — sounds great, like a vintage *SNL* song parody à la "Twin Bed." And outside Yang and Carpenter's vocals, the performances from new cast members like Jeremy Culhane are noteworthy. (Culhane is showing a lot of promise at this point in the season.) **

"Manchild" Song

A lot to love about this country-influenced pop performance — from the saxophone solo to Carpenter's playful "Live From New York" outfit. **

"Manchild" is the lead single on Carpenter's latest album *Man's Best Friend.* Carpenter co-wrote and co-produced the. song with Jack Antonoff with Amy Allen providing additional songwriting. **

"Weekend Update"

Topics include: the sudden release of George Santos, the leaked Young Republican group chat, John Bolton's indictment and Che's Tinder matches. Jost makes an Austin Powers joke!

It is scary movie season, which "ushers" back another Hernandez recurring character: the Movie Guy. He has not seen a lot of the scary movies being released and replies "Except me, I did not see" whatever he's describing. He also makes a Mike Myers joke, the second this Update. (And one random comment: lots of vagina jokes this episode! Already four, by my count.)

New York has the most residents moving out. *SNL* newcomer Tommy Brennan is also new to New York — he's from the Midwest, one of eight kids. He jokes about his upbringing and looks — his childhood has helped him adjust to his time in NYC. He jumped his first turnstile today, to mild applause. Brennan is doing his best to work his stand-up material here, getting into his Catholic guilt. I'll call it: Maybe it's the hair, but some Jay Mohr vibes from Tommy.**

"Appliance Store"

Two customers are looking to buy a washer-dryer set – Dismukes wants one with a jingle. The employee (Kenan Thompson) reveals a special unit, Veronika Slowikowska and Sabrina Carpenter portraying singing machines, going over various genres and scenarios people use for washing clothes. "The songs are dynamite, and I'm attracted to the machines!" admitted Dismukes, killer line. **

Slowikowska and Carpenter are great — very nice showcase for Slowikowska, I like the show giving the new cast members their own spotlight this early. **

Honestly? I preferred the passive aggressive couple played by Dismukes and Padilla. **

"Surprise"

Coworkers want to surprise Laura (Padilla) for her birthday. They jump out and shock her – causing her to get scared and fart. She loses full control, and Padilla has a nice moment. She's developing quite the repertoire playing aggrieved, humiliated women this season. This is almost Tim Robinson ITYSL territory.

The Party City tag is a cute payoff too.

Song #2 - "Nobody's Son"

"He sure f---ed me up," Carpenter appears to sing a few times during this. Granted she's multitasking — this performance is set in a karate dojo, and she's breaking wooden boards as she sings! **

"Social experiment"

Another Please Don't Destroy expat Martin Herlihy hosts a social experiment where moviegoers like Jane Wickline are tested, sitting in a theater with a group of Frankensteins. Kam Patterson is funny here as the one unaffected participant, who curiously studied Gothic Literature!**

If Ashley Padilla went for Tim Robinson territory, Herlihy is approaching Nathan Fielder. I believe this short film was previously planned for earlier in the season but got cut. (Actually Martin reminds me of Kyle Mooney in this….) Very good stuff though, I think Tom Schiller would approve. **

Another Shrek reference tonight!**

Final thoughts

- Despite the late start, the new cast members gelled nicely with Carpenter tonight! I am encouraged. Probably my favorite of the season so far – feels like a new direction in a lot of ways. **

- What did you think? Vote! **

- Thank you Jeff Richards! Check out his podcast!**

*Saturday Night Live* returns from a brief hiatus on Nov. 1 with host Miles Teller and musical guest Brandi Carlile.

–Find more of Andy Hoglund's *SNL* in Review coverage on X.

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Vin Diesel, Michelle Rodriguez, and rest of family strap in for EW's BINGE: The Fast Saga By Derek Lawrence :maxbytes(150000):stripicc()/derek160e1b72b3389c74b8ca03743731e346949.jpg) Derek Lawrence is a former associate editor at . He left EW in 2022. EW's editorial guidelines April 29, 2021 8:30 a.m. ET The entire Fast family is ready for a good BINGE watch. Ahead of F9 finally driving into theaters on June 25, the billiondollar franchise's stars are strapping in for EW's BINGE: The Fast Saga, in which they're breaking down each movie with hosts Derek Lawrence and Chanelle Berlin Johnson.

Vin Diesel, Michelle Rodriguez, and rest of family strap in for EW's BINGE: The Fast Saga

By Derek Lawrence

Derek Lawrence is a former associate editor at **. He left EW in 2022.

EW's editorial guidelines

April 29, 2021 8:30 a.m. ET

The entire *Fast* family is ready for a good *BINGE* watch.

Ahead of *F9* finally driving into theaters on June 25, the billion-dollar franchise's stars are strapping in for *EW's BINGE: The Fast Saga*, in which they're breaking down each movie with hosts Derek Lawrence and Chanelle Berlin Johnson.

The action will kick off Friday with Vin Diesel looking back on the one that started it all, 2001's *The Fast and the Furious*. Get your first listen to Dominic Toretto himself in *BINGE*'s debut trailer, which can be seen above.

Also going along for the *BINGE* ride will be Michelle Rodriguez, Jordana Brewster, Sung Kang, Chris "Ludacris" Bridges, Tyrese Gibson, Nathalie Emmanuel, Justin Lin, Lucas Black, and new family member John Cena.

The schedule for *BINGE* episodes will coincide with Fast Fridays, Universal's series of free screenings of the first eight films: *The Fast and the Furious* on April 30, *2 Fast Furious* on May 7, *The Fast and the Furious: Tokyo Drift* on May 14, *Fast & Furious* on May 21, *Fast Five* on May 28, *Fast & Furious 6* on June 4, *Furious 7* on June 11, and *The Fate of the Furious* on June 18. A spoiler-filled *F9* installment will then drop in the days following the film's release.

To listen, subscribe to *EW's BINGE: The Fast Saga* feed via Apple Podcasts, Spotify, or wherever you get your podcasts. You can also subscribe to EW's YouTube page to catch all the video interviews, and stay tuned to EW.com for even more *Fast *coverage. Until then, salud mi podcast familia!

**Related content:**

- The *Fast & Furious* films are returning to theaters — and EW is binging them with the cast

- Vin Diesel talks *Fast & Furious 9*, Han's return, and space

- From stolen DVD players to Black Superman, *Fast & Furious *writer shares secrets of the franchise

- EW's Binge Podcast Episodes

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Trump, Xi agree to pause dueling port fees that disrupted trade

Trump, Xi agree to pause dueling port fees that disrupted trade By Lisa Baertlein and David LawderOctober 31, 2025 at 3:43 AM 0 1 / 2U.S. President Donald Trump meets with Chinese President Xi Jinping on the sidelines of the APEC summit, in BusanU.S. President Donald Trump and Chinese President Xi Jinping talk as they hold a bilateral meeting at Gimhae International Airport, on the sidelines of the AsiaPacific Economic Cooperation (APEC) summit, in Busan, South Korea, October 30, 2025. REUTERS/Evelyn Hockstein By Lisa Baertlein and David Lawder LOS ANGELES/WASHINGTON (Reuters) The U.S.

- - Trump, Xi agree to pause dueling port fees that disrupted trade

By Lisa Baertlein and David LawderOctober 31, 2025 at 3:43 AM

0

1 / 2U.S. President Donald Trump meets with Chinese President Xi Jinping on the sidelines of the APEC summit, in BusanU.S. President Donald Trump and Chinese President Xi Jinping talk as they hold a bilateral meeting at Gimhae International Airport, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Busan, South Korea, October 30, 2025. REUTERS/Evelyn Hockstein

By Lisa Baertlein and David Lawder

LOS ANGELES/WASHINGTON (Reuters) -The U.S. and China agreed on Thursday to pause tit-for-tat fees on each other's ships that became a major irritant in the broader trade war between the world's two largest economies and pushed up ocean freight costs.

The move provides a 12-month reprieve on an estimated $3.2 billion annually in fees for large Chinese-built vessels sailing to U.S. ports and was among the trade deals reached in South Korea by U.S. President Donald Trump and Chinese President Xi Jinping.

Early this year, the Trump administration announced plans to levy fees on China-linked ships to loosen the country's grip on the global maritime industry and bolster U.S. shipbuilding.

The so-called Section 301 penalties followed a U.S. probe that concluded China's domination of the global maritime, logistics and shipbuilding sectors was driven by unfair practices.

U.S. Treasury Secretary Scott Bessent said on Fox Business Network on Thursday that the Section 301 action had been put on hold.

The U.S. Trade Representative's office did not immediately comment whether the pause covered other U.S. penalties on non-U.S. auto carriers built outside of China or on ship-to-shore port cranes built in China.

China's Ministry of Commerce said in a statement that the suspension applied to Section 301 penalties "concerning China's maritime, logistics, and shipbuilding sectors." It added that China also will suspend its on countermeasures and fees on U.S.-linked ships.

The fees reportedly have cost ship operators including China-owned COSCO and U.S.-based Matson millions of dollars and disrupted vessel schedules, driving up shipping expenses that eventually will land on consumers, maritime experts warned.

Singapore-based shipper High-Trend International Group said in a statement that the suspension offered immediate, material benefits to the company.

"The suspension removes a long-standing cost and policy overhang that had affected HTCO's maritime logistics and carbon-neutral initiatives," the High-Trend said. "This development is expected to significantly reduce cross-border shipping costs, improve cash-flow stability, and strengthen investor confidence in HTCO's growth strategy."

Bessent said just the threat of the Section 301 tariffs was enough to reduce demand for China-built ships.

"Chinese shipbuilders have seen substantial diminution or decreases in their order books," Bessent said.

Orders for Chinese ships have fallen from last year as part of an overall decline this year. However, data shows that China continues to dominate ship orders.

Chinese shipyards captured 53% of all global ship orders by tonnage during the first eight months of 2025, according to a the Center for Strategic and International Studies (CSIS) analysis of S&P Global data.

(Editing by Cynthia Osterman)

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Trump , Xi agree to pause dueling port fees that disrupted trade By Lisa Baertlein and David LawderOctober 31, 2025 at...

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Gottmik, Kandy Muse, Rosé, and Symone hold a mini reunion to talk sprained ankles and a special performance of Tina Burner's boy band single. RuPaul's Drag Race top 4 reunite to spill scalding tea on season 13's wildest moments Gottmik, Kandy Muse, Rosé, and Symone hold a mini reunion to talk sprained ankles and a special performance of Tina Burner's boy band single. :maxbytes(150000):stripicc()/JoeyNolfiauthorphotoba4923fec03a4027868306485696ef41.jpg) Joey Nolfi is a senior writer at . Since 2016, his work at EW includes RuPaul's Drag Race video interviews, Oscars predictions, and more.

Gottmik, Kandy Muse, Rosé, and Symone hold a mini reunion to talk sprained ankles and a special performance of Tina Burner's boy band single.

RuPaul's Drag Race top 4 reunite to spill scalding tea on season 13's wildest moments

Gottmik, Kandy Muse, Rosé, and Symone hold a mini reunion to talk sprained ankles and a special performance of Tina Burner's boy band single.

Joey Nolfi is a senior writer at *. *Since 2016, his work at EW includes *RuPaul's Drag Race* video interviews, Oscars predictions, and more.

EW's editorial guidelines

April 29, 2021 1:00 p.m. ET

Don't let the smooth taste fool you: *RuPaul's Drag Race* season 13 isn't over yet!

*EW's BINGE* podcast recapping the Emmy-winning reality competition series returns (below and on Spotify) with a surprise episode looking back at season 13's wildest moments. Top 4 contestants Symone, Kandy Muse, Gottmik, and Rosé set sail with hosts Joey Nolfi and Jillian Sederholm aboard the S.S. Muse — Kandy's brand new boat — to ride the waves of nostalgia as they look back on the longest-ever season of the show.

After Symone reveals the contents of the McDonald's bag she secured following her snatching of the series' 13th crown, the queens dive deep into all of the gagatrondrizing bits, from Gottmik's impact on the trans community, the story behind Rosé's sprained ankle, and where their careers are headed next.

Highlights from this episode include:

- Gottmik discussing their impact on the way trans men see themselves in media

- Kandy and the queens reflect on the fallout from *the* Tamisha fight

- The disconnect between the queens' feelings on Kandy and the fans' feelings on Kandy

- Symone on playing Harriet Tubman for *Snatch Game*

- Symone addressing Elliott's use of the word "aggressive" when discussing her drag

- A special guest performance by Tina Burner's boy band 5th Ring (and the queens react)

- Rosé dishes on what went through her mind during Tina's infamous makeover

- Reactions to the roast and Utica's intent with her controversial jokes

- Gottmik dishes on working with Paris Hilton and her reaction to the *Snatch Game*

- The queens hilariously respond to Utica and Olivia Lux's dating rumors

- Symone reveals the iconic last-minute decision to do her Whitney Houston performance with a handkerchief (and where she got the rag from)

- Rosé reveals the story behind her sprained ankle (Denali is involved!)

- The queens look ahead and muse on Kandy's pitch for a dating show

'RuPaul's Drag Race' season 13 top 4 reunion gets all the tea on EW's BINGE podcast. World of Wonder/VH1 (4)

So, grab one of Symone's Diana Ross breasts as a floatation device and hitch a ride on the S.S. Muse, because *EW's BINGE* podcast is back, back, back again. Listen to our full *RuPaul's Drag Race* season 13 recap reunion with Symone, Kandy Muse, Gottmik, and Rosé above. The full episode is also available on Spotify now!

***Subscribe to EW's BINGE podcast for full recaps of all 13 seasons of *RuPaul's Drag Race*, featuring exclusive interviews with the season 13 top four, Jaida Essence Hall, Trixie Mattel, Katya, Peppermint, Bianca Del Rio, Bob the Drag Queen, Sasha Velour, and more.***

**Related content: **

- In *RuPaul's Drag Race* winner Symone, a star is born: 'I want to rule the world'

- RuPaul's *Drag Race España* cast revealed: Buenos días, divas!

- 8 moments that prove Jaida Essence Hall's *RuPaul's Drag Race* reign is forever

- EW's Binge Podcast Episodes

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Biogen trims annual profit forecast on expected hit from R&D-related charges

Biogen trims annual profit forecast on expected hit from R&Drelated charges ReutersOctober 31, 2025 at 12:25 AM 0 FILE PHOTO: Biogen logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo (Corrects period in paragraph 11 to third quarter from second quarter) (Reuters) Biogen cut its annual profit forecast on Thursday, as it expects to take a hit of $1.25 per share from R&D related charges tied to certain acquisitions in the fourth quarter.

- - Biogen trims annual profit forecast on expected hit from R&D-related charges

ReutersOctober 31, 2025 at 12:25 AM

0

FILE PHOTO: Biogen logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

(Corrects period in paragraph 11 to third quarter from second quarter)

(Reuters) -Biogen cut its annual profit forecast on Thursday, as it expects to take a hit of $1.25 per share from R&D related charges tied to certain acquisitions in the fourth quarter.

The drugmaker, however, beat Wall Street estimates for third-quarter profit, helped by better-than-expected sales of its multiple sclerosis treatments, which now face stiff competition in a crowded treatment market.

Biogen has also reported steady growth for its keenly-watched Alzheimer's treatment Leqembi, which has struggled with a slow start due to concerns over cost, efficacy and side effects.

Global sales of Leqembi, developed with Japan's Eisai, rose over 80% from a year earlier to about $121 million. Its U.S. sales grew nearly 10% to $69 million.

A weekly under-the-skin injection version of Leqembi received U.S. approval in August, offering a convenient at-home administration option for patients who have completed an initial series of intravenous infusions.

Biogen expects the expanded approval to open up more infusion chairs for new patients who need to start on the treatment. It is also shifting its marketing strategy to target newly diagnosed patients.

On an adjusted basis, Biogen expects 2025 per-share profit of between $14.50 and $15.00, compared with its prior view of between $15.50 and $16.00. It said the new forecast reflects a positive impact of 25 cents per share from an expected stronger business outlook for the full year.

Analysts were expecting full-year profit of $15.80 per share, according to estimates compiled by LSEG.

It earned $4.81 per share for the quarter, compared with expectations of $3.88 per share.

Sales of multiple sclerosis drugs such as Tecfidera rose nearly 1% to $1.06 billion, beating a combined estimate of $950.69 million, according to estimates compiled by LSEG.

Its rare disease portfolio – which includes genetic disorder drug Skyclarys, spinal muscular atrophy drug Spinraza and ALS drug Qalsody – brought in sales of $533 million in the third quarter, up nearly 8% from a year earlier.

(Reporting by Mariam Sunny in Bengaluru; Editing by Anil D'Silva)

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Biogen trims annual profit forecast on expected hit from R&Drelated charges ReutersOctober 31, 2025 at 12:25 AM 0 ...

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China's rare earth export delay offers US a chance to weaken Beijing's grip on the market

China's rare earth export delay offers US a chance to weaken Beijing's grip on the market JOSH FUNK October 31, 2025 at 12:29 AM 0 FILE Workers use machinery to dig at a rare earth mine in Ganxian county in central China's Jiangxi province on Dec. 30, 2010. (Chinatopix via AP, File) () China's promise to delay its newest restrictions on the export of the rare earths that are crucial to many hightech products for one year as part of a trade agreement President Donald Trump secured creates an opportunity for the U.S. and its allies to bolster their own production and processing capabilities.

- - China's rare earth export delay offers US a chance to weaken Beijing's grip on the market

JOSH FUNK October 31, 2025 at 12:29 AM

0

FILE - Workers use machinery to dig at a rare earth mine in Ganxian county in central China's Jiangxi province on Dec. 30, 2010. (Chinatopix via AP, File) ()

China's promise to delay its newest restrictions on the export of the rare earths that are crucial to many high-tech products for one year as part of a trade agreement President Donald Trump secured creates an opportunity for the U.S. and its allies to bolster their own production and processing capabilities. But it will be hard to undercut China's stranglehold on the market.

The restrictions China imposed on rare earths this year have been a key issue in the trade talks between Beijing and Washington. Trump responded angrily to China's latest rules with a threat to impose an additional 100% tariff on all Chinese imports, but he has since dropped that demand as part of this agreement.

This week's deal will delay the regulations that would have required foreign companies to get special approval to export items that contain even small traces of rare earths elements sourced from China even if those products were made elsewhere by foreign companies, but it doesn't eliminate restrictions that were imposed in the spring after Trump imposed his tariffs.

These critical minerals are needed in a broad range of products, from jet engines, radar systems, electric vehicles and robots to consumer electronics including laptops and phones. China accounts for nearly 70% of the world's rare earths mining. It also controls roughly 90% of global rare earths processing.

Neha Mukherjee, a rare earths analyst at Benchmark Mineral Intelligence, said the one-year delay in China's new rare earth export controls that were announced earlier this month provides some short-term relief that will allow exports to return to a more normal level, but it doesn't change the broader strategic picture, and it's important for America and its allies to continue investing in the industry.

"This move appears more tactical than structural, a pause to stabilize trade relations with the U.S. rather than a policy reversal," Mukherjee said. "This is a temporary window for the U.S. and allies to accelerate diversification before controls likely return."

The White House has made it a priority to revive and expand the domestic critical minerals industry while also seeking supplies of these elements from allies. The Pentagon agreed to invest $400 million in rare-earth producer MP Materials and promised to ensure every magnet made at its massive new plant is bought and set a minimum price for its neodymium and praseodymium products for a decade.

Ian Lange, who is an economics professor who focuses on rare earths at the Colorado School of Mines, said he thinks the U.S. and its allies can make significant progress in a year's time to lessen China's dominance of the rare earths market.

There are a number of promising efforts already underway. Noveon will continue to produce rare earth magnets at its plant in Texas, and MP Materials and USA Rare Earth are both scheduled to begin producing magnets at their plants over the next year. And starting next year MP also plans to begin processing the heavy rare earths China had restricted in the spring at the only operating U.S. rare earths mine in Mountain Pass, California.

And Lange said that other efforts to recycle rare earths and begin producing them as byproducts at existing steel and zirconium mines may also start to pay off. The United States' recent agreement with Australia will also help provide additional materials to counter China.

China has shown little sign of being willing to allow rare earth exports to defense contractors, which is concerning given the national security implications. But military demand for rare earths is relatively small, so America might be able to supply its needs by prioritizing rare earths from other sources for use in fighter jets, guided missiles and nuclear submarines.

Industry executives have said this needs to be the "Manhattan Project moment" for rare earths if the United States is ever to break China's grip over them.

"We're moving into overtime with China and they currently have the ball on our 10-yard line. Our best defensive move is to tie together our global refining and supply partnerships with allies and swiftly invest in innovation in the United States," said Wade Senti, president of the U.S. permanent magnet company AML.

Noveon Magnetics CEO Scott Dunn said the details of "how China implements this suspension will matter greatly, and with the deal limited to one year, it's clear the U.S. must use this window to strengthen domestic capabilities and reduce long-term exposure to geopolitical risk."

Lange said he is optimistic overall because the United States isn't starting from zero, and if these efforts continue at their current pace, America should be much better off in a year even if some of the things the government is investing in will take several years to become a reality.

"Because in a year, we don't really care what they do. We've got an independent supply chain. At least I don't think we're too far from that," Lange said.

___

writer Didi Tang contributed to this report from Washington.

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My dad died 30 years ago, but I just found an old IRA with a $30K balance in his name. Can I still claim that cash — and will it all still be there?

My dad died 30 years ago, but I just found an old IRA with a $30K balance in his name. Can I still claim that cash — and will it all still be there? Will KentonOctober 31, 2025 at 3:00 AM 0 You may be surprised at how many retirement accounts have been left behind or forgotten. It's not uncommon for retirement savings accounts to get lost or forgotten. In fact, 31.9 million 401(k)s were reportedly left behind or forgotten entirely as of July 2025, and these accounts have an average balance of $66,691.

- - My dad died 30 years ago, but I just found an old IRA with a $30K balance in his name. Can I still claim that cash — and will it all still be there?

Will KentonOctober 31, 2025 at 3:00 AM

0

You may be surprised at how many retirement accounts have been left behind or forgotten.

It's not uncommon for retirement savings accounts to get lost or forgotten.

In fact, 31.9 million 401(k)s were reportedly left behind or forgotten entirely as of July 2025, and these accounts have an average balance of $66,691.

Many of these forgotten accounts were likely left behind when the owners switched jobs, but 401(k)s aren't the only type of retirement savings account that can get lost or forgotten.

Let's say, for example, that you just discovered your deceased father's Individual Retirement Account (IRA), which had $30,000 in it when he passed away. And now, 30 years later, you can't help but wonder: can I still claim this money, and will all of the cash still be there three decades later?

Claiming this money depends on who was listed as the original beneficiary, how the account was titled, and whether it's even still intact after years of required distributions and tax rules.

How inherited IRAs work

When someone dies owning a traditional IRA, the account is passed on to the person or entity named as the beneficiary. There are two broad categories of beneficiaries:

Designated beneficiaries are people named directly on the account paperwork, such as a spouse, child or another individual

Non-designated beneficiaries include estates, trusts and organizations like charities

A surviving spouse generally has the most flexibility if they are the named beneficiary on the account. They can roll the funds into their own IRA and delay withdrawals until they reach the required minimum distribution (RMD) age. According to the IRS, many plans require that a spouse is named as the primary beneficiary. (1)

But if no beneficiary was named, an IRA generally becomes part of the decedent's estate and passes according to the will or state intestacy laws. In that case, the executor may need to distribute the account in line with IRS rules for non-spouse beneficiaries. (2)

Non-spouse beneficiaries are usually subject to the 10-year rule under the SECURE Act, meaning the account must be emptied within ten years of the original owner's death. If the IRA is left to a trust or the estate, distribution timelines can be even shorter. (3)

Will the $30K still be there after 30 years?

In this case, your father passed away in 1995, two years before Roth IRAs were created in 1997. Because your father's account was a "traditional" IRA, the funds would have been subject to RMDs starting the year after his death, unless a spouse beneficiary rolled it into their own account.

Over 30 years, mandatory withdrawals could have easily drained the balance of your father's IRA, particularly since the original sum was a modest $30,000. If your mother were to have inherited the IRA and rolled it into her own, she would have been required to take RMDs starting at age 70 ½. By now, the account could be empty unless she left a balance to a new beneficiary.

What to do if you think a 'lost' IRA exists

Even though a significant amount of time may have passed, if you think there's a retirement account out there that you're entitled to, it's worth trying to locate and claim it. Here are six steps you can take:

Identify the financial institution: Older accounts, particularly those from the 90s or early 21st century, generally received paper account statements at that time. If your parents kept old paperwork, bank statements or tax records, that is the place to find clues. If the institution has merged or closed, you can track the successor bank or brokerage

Determine the original beneficiary: This will dictate whether you have a right to claim the funds. If you were not the named beneficiary, you may have no claim unless the account reverted to the estate and you are an heir

Check probate records: If the account went through the estate, there may be a public record showing its distribution

Contact the custodian for the account: IRAs and other retirement accounts are managed by a custodial institution for the beneficiaries. If you provide the deceased's name, Social Security number and date of death, the institution can tell you if the account was closed or transferred

Seek professional advice: A tax professional or estate attorney can help navigate complex distribution rules, especially if the account was mishandled

Finding a decades-old inherited IRA is rare, and the odds of it still holding money after 30 years are slim, especially for traditional IRAs subject to strict withdrawal rules. Still, if you think you have money languishing in limbo, it's worth investigating.

Unclaimed assets sometimes sit dormant when beneficiaries were never notified. Start by tracking down the institution, confirming the beneficiary designation and reviewing probate files. Even if the account is gone, you'll have the peace of mind of knowing you closed the loop on your family's financial history.

Article sources

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IRS (1, 2, 3)

This article originally appeared on Moneywise.com under the title: I just found a forgotten old IRA with $30K stashed away in my dad's name — 30 years after he died. Can I still claim it?

This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

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My dad died 30 years ago, but I just found an old IRA with a $30K balance in his name. Can I still claim that cash — and will it all still be there?

My dad died 30 years ago, but I just found an old IRA with a $30K balance in his name. Can I still claim that cash —...

Read More