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☆ Democratic Sen. Tammy Baldwin will win reelection in Wisconsin, CNN projects
▼ + stars: | 2024-11-06 | by ( Simone Pathe | ) edition.cnn.com time to read: +3 min

CNN —Sen. Tammy Baldwin will win reelection in Wisconsin, CNN projects, in a victory for Senate Democrats trying to defend the so-called blue wall states despite losing them at the presidential level and having already lost their majority in the chamber. Baldwin will be returning for a third term to a dramatically shifted Senate. CNN has not yet projected the other “blue wall” Senate races – in Pennsylvania and Michigan – as of Wednesday afternoon. She also scored the endorsement of the Wisconsin Farm Bureau Federation, a notable get for a Democrat running statewide. Republicans also attacked her over transgender issues, trying to paint the senator as too liberal for the state.

Persons: CNN — Sen, Tammy Baldwin, Baldwin, Republican Eric Hovde, didn’t, who’s, Hovde, –, Donald Trump, Joe Biden, Kamala Harris, “ Organizations: CNN, Republican, Republicans, Sunwest Bank, Democrats, Democratic, Senate, Wisconsin Farm Bureau Federation, Democrat, GOP Locations: Wisconsin, West Virginia , Ohio, Montana, Pennsylvania, Michigan, California, Laguna Beach , California, Badger, Madison

☆ What Trump's election to the White House could mean for EVs
▼ + stars: | 2024-11-06 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT – President-elect Donald Trump's victory over Vice President Kamala Harris is expected to send the U.S. electric vehicle industry into a period of uncertainty. Republicans, led by the former president, have largely condemned EVs, claiming they are being forced upon consumers. Several people said they would expect Trump to target federal consumer credits that currently offer up to $7,500 for the purchase of an EV rather than target industrial production credits for companies. "It has some really good things in it that I think Republicans and Democrats will like." Many of the investments into EV production under the IRA having been taking place in Republican states such as Ohio, South Carolina and Georgia.

Persons: Donald Trump's, Kamala Harris, EVs, Trump, David Rubenstein Organizations: GM, DETROIT –, U.S, Environmental Protection Agency, Biden, Auto, Trump, The Carlyle Group, CNBC Locations: Detroit, Hamtramck, Ohio, South Carolina, Georgia

Former President Donald Trump bested Vice President Kamala Harris in the 2024 presidential election. Trump won largely by breaching Democrats' "blue wall." The ex-president will now return to the White House after being ousted by Joe Biden in 2020. In defeating Vice President Kamala Harris, Trump will return to the White House after voters ousted him from office in the 2020 election. Trump's return to the White House is also poised to have profound effects on the judiciary.

Persons: Donald Trump, Kamala Harris, Trump, Joe Biden, —, Joe Biden's, Ron DeSantis, Nikki Haley, Biden, Harris, Clarence Thomas, Samuel Alito Organizations: Service, Fox News, CNN, NBC News, CBS News, ABC, Trump, US, GOP, UN, Democratic, GOP megadonors Locations: Wisconsin, Florida, West Palm Beach , Florida, America

☆ Trump's election victory sparks dismay — and defiance — among architects of the Paris climate accord
▼ + stars: | 2024-11-06 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Donald Trump's election victory on Wednesday sparked a palpable sense of dismay among the climate community, with two key architects of the landmark Paris Agreement warning that the result will stall global efforts to protect the environment. The 78-year-old, who has called the climate crisis "one of the great scams," has pledged to ramp-up fossil fuel production, pare back outgoing President Joe Biden's emissions-limiting regulations and pull the country out of the Paris climate accord — again. The 2015 Paris Agreement is a critically important framework designed to reduce planet-heating greenhouse gas emissions. Laurence Tubiana, a key architect of the Paris Agreement, said Trump's election victory "is a setback for global climate action, but the Paris Agreement has proven resilient and is stronger than any single country's policies." Tubiana, a French economist and diplomat who now serves as CEO of the European Climate Foundation, said the context today is "very different" to Trump's first election victory in 2016.

Persons: Donald Trump, Hurricane Helene, Donald Trump's, Kamala Harris, pare, Joe Biden's, Laurence Tubiana, Trump's Organizations: Democratic, White, NBC, European Climate Foundation Locations: Hurricane, Valdosta , Georgia, Paris, French

☆ Watch full: Kamala Harris delivers concession speech
▼ + stars: | 2024-11-06 | by ( ) edition.cnn.com time to read: 1 min

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☆ Video: Kamala Harris calls Trump to concede the 2024 presidential election
▼ + stars: | 2024-11-06 | by ( ) edition.cnn.com time to read: 1 min

☆ TikTok star Claudia Conway talks navigating political disagreements with mom Kellyanne Conway
▼ + stars: | 2024-11-06 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +3 min

Claudia Conway posted a TikTok showing her and her mom, Kellyanne Conway, going to vote together. Claudia Conway told BI there's "absolutely no universe" in which she'd vote for Trump. The two have famously disagreed on politics, but Claudia Conway shared their trip to the polls on TikTok nonetheless. "While I'm not happy with who she voted for or her voting choices, they're her choice," Claudia Conway said of her mother's politics. Representatives for Kellyanne Conway did not immediately respond to a request for comment.

Persons: Claudia Conway, Kellyanne Conway, —, Donald Trump, I'm, Kamala Harris, HeadCount, Gen, Harris Organizations: Trump, Service Locations: TikTok, Pennsylvania, Wisconsin

☆ Kamala Harris won't speak at watch party
▼ + stars: | 2024-11-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKamala Harris won't speak at watch partyKamala Harris, with her path to victory narrowing, will not address supporters at her watch party at Howard University, senior Democratic Party aide Cedric Richmond said.

Persons: Kamala Harris, Cedric Richmond Organizations: Howard University, Democratic Party

☆ Trump did well in deep-blue states, a sign of his broadening appeal
▼ + stars: | 2024-11-06 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

But he's also expected to win the popular vote, and he did unusually well in deep-blue states. Across several of those states, Trump exceeded his own previous performance in 2020 — in other words, Harris fared worse than President Joe Biden. Here's how Harris is doing compared to Biden in 2020, according to unofficial results from the Associated Press:Illinois — Harris leads Trump by more than 8 points. In 2020, Trump won Texas by just 5.6 points. According to exit polling, Trump won 45% of the Hispanic and Latino vote, including 54% of Hispanic and Latino men.

Persons: he's, —, Donald Trump's, Kamala Harris, Trump, Harris, Joe Biden, Here's, Biden, Associated Press : Illinois — Harris, . New Jersey — Harris, . New York — Harris, Connecticut — Harris, Maryland — Harris Organizations: Service, Republican, Wednesday, Associated Press : Illinois, Biden, Trump, Maryland, Texas, Miami, NBC, CNN, CBS, ABC, Democratic Locations: . New Jersey, . New York, Connecticut, California, Florida, Dade County

☆ Kamala Harris wins New Mexico
▼ + stars: | 2024-11-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKamala Harris wins New MexicoNBC News projects Kamala Harris will win New Mexico in the 2024 presidential election.

Persons: Kamala Harris Organizations: New Mexico NBC, New Locations: New Mexico

☆ Opinion | What We Can Learn From How Kamala Harris Lost
▼ + stars: | 2024-11-06 | by ( Tressie Mcmillan Cottom | ) www.nytimes.com time to read: +2 min

There will be a lot of accounting of why Harris came so close but did not close the deal. I know the fundamentals of how and why Trump exists — I’ve written about them too many times to count — and I know that nothing about those fundamentals has changed. This election was about who told a better story about the fundamentals without promising anything to fix those fundamentals. I know that most Americans are center-right and that the left has not yet built the power base necessary to make most Americans center-left. She was always going to be the only legitimate candidate in a race against Donald Trump, a felon and self-aggrandizing political troll.

Persons: Harris, Trump, —, Donald Trump Locations: vacuums

☆ Video: Dana Bash on how Donald Trump’s projected win in North Carolina could affect Kamala Harris’ path
▼ + stars: | 2024-11-06 | by ( ) edition.cnn.com time to read: 1 min

☆ Donald Trump is projected to defeat Kamala Harris in the presidential election
▼ + stars: | 2024-11-06 | by ( Charlotte Morabito | Jeniece Pettitt | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDonald Trump is projected to defeat Kamala Harris in the presidential electionDonald Trump is projected to win the U.S. presidential election, according to NBC News.

Persons: Donald Trump, Kamala Harris Organizations: U.S, NBC News

☆ Here’s what Trump is proposing for the economy
▼ + stars: | 2024-11-06 | by ( Katie Lobosco | Tami Luhby | ) edition.cnn.com time to read: +10 min

This includes, among other things, an increase to the standard deduction, lower marginal income tax rates for most income brackets, and an increase to the estate tax exemption. Though his campaign hasn’t released details on the proposal, Trump has indicated that he would eliminate both federal income taxes and payroll taxes, which fund Social Security and Medicare. However, these workers would then get smaller Social Security payments after they retire. Around half of beneficiaries – mainly those with higher incomes – pay federal income tax on their Social Security payments. Trump has also floated ending the federal income tax and replacing it with revenue from tariffs.

Persons: Donald Trump, Trump, Kamala Harris, hasn’t, Ohio Sen, JD Vance, He’s, Harris, Elon Musk, John Deere, ” Vance Organizations: Washington CNN —, Security, Democratic, Social Security, Center, Social, Budget, Trump, Biden, Republican Party, ” Invest, Federal Reserve Locations: Las Vegas, Mexico, Canada, Midwest

☆ Trump declares victory as presidential race with Harris has yet to be called
▼ + stars: | 2024-11-06 | by ( Dan Mangan | ) www.cnbc.com time to read: 1 min

Donald Trump declared victory in the presidential election early Wednesday morning, as the Republican led Kamala Harris in projected Electoral College votes in the presidential election. Neither Trump nor Harris has secured the 270 Electoral College votes needed to win the White House, but after NBC News projected he will win Pennsylvania, the former president was just four electoral votes short of that goal. "I want to thank the American people for the extraordinary honor of being elected your 47th president and your 45th president," Trump told supporters at the West Palm Beach, Florida, Convention Center, where he was flanked by family members and top members of his campaign. "We're going to help our country heal," Trump said. "We're going to fix everything about our country."

Persons: Donald Trump, Kamala Harris, Trump, Harris Organizations: Republican, Electoral, White, NBC News, Pennsylvania, Convention Locations: Palm Beach , Florida

☆ ‘Trump’s America’: His Comeback Victory Signals a Different Kind of Country
▼ + stars: | 2024-11-06 | by ( Peter Baker | More About Peter Baker | ) www.nytimes.com time to read: +1 min

In her closing rally on the Ellipse last week, Kamala Harris scorned Donald J. Trump as an outlier who did not represent America. In fact, it turns out, that may be exactly who we are. With his comeback victory to reclaim the presidency, Mr. Trump has now established himself as a transformational force reshaping the United States in his own image. Populist disenchantment with the nation’s direction and resentment against elites proved to be deeper and more profound than many in both parties had recognized. Mr. Trump’s testosterone-driven campaign capitalized on resistance to electing the first woman president.

Persons: Kamala Harris, Donald J, Trump, ” Organizations: White, Electoral College Locations: America, United States

Markets: The post-election rally on Wall Street continued into afternoon trading, with the Dow Jones Industrial Average jumping 3.4%, or roughly 1,450 points, and the S & P 500 advancing 2.4%. It's worth noting, the stock market was reacting like Jim Cramer said it would in his Sunday column . The one thing markets hate is uncertainty, and Wednesday's rally can be attributed, in part, to relief that Wall Street professionals and individual investors alike know where they stand and what to expect from the country's next president. Bond yields move inversely to prices, and a basis point is equal to 0.01%. "You have to be very careful to respect the bond market if you do any buying today," Jim said.

Persons: Jim Cramer, Donald Trump, Kamala Harris, Morgan Stanley, Jim, It's, Yun Li, Trump, Harris, Jerome Powell's, we'll, Jim Cramer's Organizations: CNBC, ., Wall, Dow Jones, Trump, Republican, NBC, Senate, NBC News, Wells, BlackRock, Energy, Coterra Energy, Honeywell, Federal, White, Arm Holdings, Qualcomm, Bros, Moderna, Barrick Gold, Halliburton, Hershey, Air Products, Chemicals, Warner Bros ., Jim Cramer's Charitable

☆ Trump's victory spells doom for his criminal cases — but he's not off the hook for $570 million in civil fines
▼ + stars: | 2024-11-06 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

With his comeback victory over Vice President Kamala Harris in the books, Trump can rest easy. But he has not yet escaped from liability in a handful of high-profile civil cases, where he has been ordered to pay combined penalties of over $570 million. "In theory, there should be no effect" from Trump's election on those civil matters, former federal prosecutor Neama Rahmani told CNBC. "It's well established that while a sitting president can't be prosecuted, he can face civil cases," Rahmani said. A state-level criminal case in Georgia, alleging Trump illegally meddled in that state's 2020 election, is also on ice.

Persons: Donald Trump, Donald Trump's, Kamala Harris, Trump, Neama Rahmani, Rahmani, Jack Smith, Smith's, Smith, Aileen Cannon, Fani Willis, Willis, Stormy Daniels Organizations: Convention Center, CNBC, of Justice, D.C, Trump, DOJ, Fulton Locations: Palm Beach, West Palm Beach , Florida, U.S, Smith's Washington, Florida, Georgia, Fulton County, York

☆ Tim Sheehy will defeat Sen. Jon Tester in Montana Senate election, NBC News projects
▼ + stars: | 2024-11-06 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Montana Republican U.S. Senate candidate Tim Sheehy walks up to the stage during a rally for Republican presidential nominee, former U.S. President Donald Trump at the Brick Breeden Fieldhouse at Montana State University on August 9, 2024 in Bozeman, Montana. Former President Donald Trump won a decisive victory over Vice President Kamala Harris in the presidential race , taking multiple key battleground states, and Republicans made gains in the Senate. Sheehy, a former Navy SEAL and wealthy businessman, was heavily touted by the GOP as one of its strongest chances to pick up a Senate seat. Republican nominee Tim Sheehy will defeat incumbent Democratic Sen. Jon Tester in the election for a Senate seat from Montana, NBC News projects. Tester, a farmer who had been elected to three terms in the Senate, was facing strong headwinds in winning reelection.

Persons: Tim Sheehy, Donald Trump, Kamala Harris, Sheehy, Democratic Sen, Jon Tester, Megyn Kelly Organizations: Montana Republican U.S, Republican, Montana State University, Navy, GOP, Democratic, NBC, Senate Locations: Bozeman , Montana, Montana, Afghanistan

☆ Workers in Missouri can look forward to raises after minimum wage boosts were passed
▼ + stars: | 2024-11-06 | by ( Juliana Kaplan | Matthew Loh | ) www.businessinsider.com time to read: +3 min

In Missouri, voters opted to raise the minimum wage. In Massachusetts, workers who rely on tips could see a bump in their base pay, while minimum wage workers in three other states could see a broad pay bump. Related VideoMissouriIn Missouri, voters have opted to raise the state's minimum wage to $15 by 2026. His opponent, Vice President Kamala Harris, has pledged support for raising the federal minimum wage from $7.25 to $15 an hour. "Raising the minimum wage will increase people's ability to shop at our business and local businesses across Missouri.

Persons: —, Donald Trump, Kamala Harris, David Burmeister, Louis, We've Organizations: Workers, Service, New York Times, Missouri, Midwest Pasta Co, Employees Locations: Alaska , California , Massachusetts, Missouri, — Massachusetts, California, Alaska, Massachusetts, Arizona, St

☆ Video: Kamala Harris speaks to supporters after conceding election
▼ + stars: | 2024-11-06 | by ( ) edition.cnn.com time to read: 1 min

While on the campaign trail, Trump threatened retribution against some tech companies, including jailing Meta's chief, Mark Zuckerberg. "That is likely to have devastating consequences for US tech companies that sell in foreign markets as well as crippling domestic consumption." Hay said that while most presidents wouldn't have any say on existing cases, "Trump is a bit more of a wild card." AdvertisementBut still, he said, new guidelines wouldn't have much impact on the biggest tech companies. There are fears that if H1-Bs are restricted under the second Trump administration, the US could lose its competitive edge on the world stage.

Persons: Donald Trump, —, Trump, Elon, marveling, — Musk, jailing, Mark Zuckerberg, Zuckerberg, Mark Lemley, Lemley, GlobalData's Neil Saunders, Chris Walton, Walton, there's, George Hay, Hay, wouldn't, Kamala Harris, Dan Romanoff, Joe Biden, Anna Rathbun, Biden, he's, Rathbun, James Brundage, Saunders, Valerie Wirtschafter, Harris, Romanoff, Wirtschafter Organizations: Trump, Big, Service, SpaceX, Big Tech, Google, Justice Department, Department, Barclays, Stanford Program, Law, Science & Technology, Business, Retail, Target, Apple, Cornell University, Republicans, Morningstar, AT, Time Warner, Republican, Walmart, Brookings, Artificial Intelligence, Emerging Technology Initiative Locations: Americas

☆ JPMorgan execs call for unity in a memo to staff on Trump's victory
▼ + stars: | 2024-11-06 | by ( Reed Alexander | ) www.businessinsider.com time to read: +6 min

JPMorgan CEO Jamie Dimon congratulated Donald Trump on winning the White House. In a memo to staff, Dimon and other top JPM executives called for "bringing our nation together." On Wednesday, JPMorgan CEO Jamie Dimon weighed in to say the time has come to band together as a nation. In a memo to staff, members of the bank's operating committee, including Dimon, congratulated Trump before recalling Dimon's comments from Election Day about national unity. AdvertisementRead the full contents of the Wednesday memo from JPMorgan's Operating Committee about Trump's victory below.

Persons: Jamie Dimon, Donald Trump, Dimon, —, Donald Trump's, Kamala Harris, Trump, Jamie, Diana Frost, Kraft Heinz, Judith Kent, Harris, Walz, Kent, Goldman Sachs, David Solomon, JD Vance, Ashley Bacon, Jeremy Barnum, Lori Beer, Tim Berry, Mary Erdoes, Wealth Management Stacey Friedman, Teresa Heitsenrether, Marianne Lake, Consumer & Community Banking Robin Leopold ,, Doug Petno, Global Banking Jenn Piepszak, & Investment Bank Daniel Pinto, JPMorgan Chase Troy Rohrbaugh, & Investment Bank Sanoke Viswanathan, Reed Alexander Organizations: White, Service, Wednesday, JPMorgan, Dimon, Wells, Wall Street, Wealth Management, Consumer & Community Banking, Human, Global Banking, & Investment Bank, International Consumer Locations: Wall, United States, Washington ,, Wells Fargo, Michigan

☆ Republicans win back control of the Senate
▼ + stars: | 2024-11-06 | by ( Geoff Weiss | Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Republicans are projected to retake the majority in the US Senate. AdvertisementRepublicans are projected to regain control of the US Senate after winning seats in West Virginia and Ohio, according to Fox News and the Associated Press, ending four years of Democratic control. Republicans also appeared likely to win a 52nd seat in Montana, where Sen. Jon Tester trailed the GOP candidate Tim Sheehy. Despite dramatically outraising Republicans in many of this year's tightest Senate races, Democrats faced a punishing map and were primarily on defense. Democrats' best pick-up opportunity in the Senate was in Texas, where Republican Sen. Ted Cruz ultimately survived a tougher-than-expected challenge from Rep. Colin Allred.

Persons: —, Sen, Joe Manchin, Sherrod Brown, Bernie Moreno, Deb Fischer, Dan Osborn, Jon Tester, Tim Sheehy, Republican Sen, Ted Cruz, Colin Allred, Kamala Harris, Donald Trump Organizations: Service, Fox News, Associated Press, Democrats, GOP, Republican, Republicans, Senate, Democratic Locations: West Virginia, Ohio, Nebraska, Montana, Pennsylvania , Michigan, Wisconsin, Nevada, Arizona, Texas

☆ Donald Trump defeats Kamala Harris to win 2024 presidential election
▼ + stars: | 2024-11-06 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +4 min

watch nowRepublican presidential nominee Donald Trump will defeat his Democratic rival, Kamala Harris, and return to the White House for another four years, NBC News projects. At 78, he is the oldest person ever to win a U.S. presidential election. Trump's win denies Harris, the vice president, what would have been her own historic milestone: becoming the first woman president of the United States. Democratic presidential candidate Vice President Kamala Harris speaks at a campaign event at the Erie Insurance Arena in Erie, Pennsylvania, on Oct. 14, 2024. It remains to be seen to what extent Trump's presidential agenda will resemble the sum of his many claims as a candidate.

Persons: Donald Trump, Kamala Harris, Joe Biden, Grover Cleveland —, Trump's, Harris, Dustin Franz, Sen, JD Vance, Ohio, Vance, Trump, Robert F, Kennedy Jr, Elon Musk, Evan Vucci, Thomas Matthew Crooks, Crooks, — Organizations: Democratic, White House, NBC, Trump, U.S, Erie Insurance, Afp, Getty, Capitol, Biden, Kyiv, Republican, Secret Service, Secret Locations: United States, Erie , Pennsylvania, Ukraine, Butler, Pa, Pennsylvania

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