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Americans' favorite tech gadgets could surge in price under Donald Trump's proposed tariffs, per a new report. An October report on consumer technology found laptops, smartphones, and TVs would surge in price. Under Trump's tariffs, the average price of laptops and tablets could skyrocket 45%, jumping an additional $200-$350 from their current prices, the CTA report found. AdvertisementUnder Trump's tariffs, video game consoles, meanwhile, could cost nearly $250 more than they currently do, and monitors could increase by more than $100, the report found. Televisions will see a 9% increase in consumer price, costing an additional $48 on average, according to the CTA report.
Persons: Donald Trump's, , Trump, Gary Shapiro, International Trade Ed Brzytwa Organizations: Service, Consumer Technology, EVs, Cato Institute, CTA, Reuters, Consumer Technology Association, World, Census Bureau, Global, International Trade Locations: China
Biden in 2020 did not gain ground across the country in as large a percentage of counties as Trump did in 2024. In 2020, Biden won Michigan, Pennsylvania and Wisconsin, the three former “blue wall” states that decided the election, by a combined 257,029 votes. “In 2020, Biden picks up everywhere. In 2020, Biden won only a little more than one-sixth of the nation’s counties, but the places he captured generated over 70% of the nation’s total economic output. The highest-output counties Trump flipped were almost entirely in the Sun Belt: from Hillsborough (Tampa) and Tarrant (Fort Worth) to Maricopa (Phoenix).
Persons: Donald Trump’s, Kamala Harris, Trump, Joe Biden’s, Trump hasn’t, Biden, , Alan Abramowitz, Harris, Harry Truman, Lyndon Johnson, Republican George W, Bush, Lynn Vavreck, , Barack Obama, John Kerry’s, Obama, Hillary Clinton, Mitt Romney, Abramowitz, That’s, Vavreck, Trump’s, , ” Vavreck, Mark Muro, Muro, Brookings, Elon Musk, ” Muro, NORC Organizations: CNN, Trump, Emory University, GOP, Biden, Republican, UCLA, Daily, Rural Studies, Michigan, White, Colorado and, Brookings Metro, Republicans, Democratic, Truman, Elon, Edison Research, Associated Press Locations: nation’s, nonmetropolitan, Nevada, Pennsylvania, Wisconsin, Iowa, Ohio, Colorado, Colorado and Virginia, Trump, Hillsborough, Tampa, Tarrant, Fort Worth, Maricopa, Phoenix
Olivia Nuzzi has withdrawn her protective order request against her ex-fiancé Ryan Lizza. AdvertisementOlivia Nuzzi, the former New York magazine political correspondent who made headlines earlier this year for having a personal relationship with Robert F. Kennedy Jr., has withdrawn her request for a protective order against her ex-fiancé, fellow journalist Ryan Lizza. In an October petition for a civil protection order, Nuzzi accused Lizza, a Politico reporter, of hacking her devices and stealing information to blackmail her. Related Video Jury finds Trump sexually abused and defamed E. Jean CarrollAn attorney for Nuzzi confirmed to Business Insider that she withdrew the protective order request. Following a third-party investigation into Nuzzi's work, New York magazine said the probe found no inaccuracies or evidence of bias in her reporting.
Persons: Olivia Nuzzi, fiancé Ryan Lizza, Nuzzi, Lizza, , Robert F, Kennedy Jr, Ryan Lizza, Trump, Jean Carroll, Ari Wilkenfeld, Olivia, I'm, Oliver Darcy, Kennedy Organizations: RFK, Service, New, Politico, Business, BI, New York Magazine Locations: New York
Trump critics fear he may enter office looking for retribution. “I’m worried that I’ll be targeted by him and a lot of people in his circle,” Troye said in an interview. And I’m concerned for my family.” One former Trump White House official who has publicly spoken against Trump described feeling “scared” and declined to let their name be used. ➡️ The NBC News Home Buyer Index shows those with tough housing markets shifted more sharply toward Trump. And take a look at the best leggings on Amazon for exercising, running errands or just lounging at home.
Persons: Adam Gray, Olivia Troye, Trump, “ I’m, I’ll, ” Troye, , , he’s, Joe Biden, Biden, Jack Smith, He’s, Read, ➡️ Trump, Tom Homan, Dave McCormick, Democratic Sen, Bob Casey, ➡️, Jim Jordan, Dariel Vasquez, we’ve, NFL Alex Slitz, Greg Rosenstein, 👑, ake B, Ari z, Flo, lou Organizations: Trump, Sunday, , Getty, Democratic, Trump White House, . Immigration, Customs, Pennsylvania Senate, NBC, ➡️, Democratic Party, Northeast New, Northeast New Jersey Department of Environmental, AP Firefighters, York Parks, New, New Jersey Forest Fire Service, NFL, Detroit Lions, Houston Texans, NBC News Sports Locations: AFP, , United States, America, Jan, Pennsylvania, Northeast New Jersey, New Jersey, Sterling Forest, New York, Passaic County , New Jersey, Philadelphia, ss the
CNN —Given his rhetoric demonizing undocumented immigrants and his promise to engage in mass deportations when he returns to the White House in January, it’s kind of shocking that deportations actually dropped in the four years Donald Trump was president. Appearing Monday on Fox News, Homan said Trump 2.0 will be like his first term but with more deportations. During his first term, Trump also promised mass deportations. But that’s about half the 2.9 million deportations undertaken during Barack Obama’s first term and fewer than the 1.9 million deportations during Obama’s second term. It’s on par with Biden’s 1.49 million deportations, according to updated calculations Bush-Joseph shared with me.
Persons: CNN —, Donald Trump, It’s, Joe Biden’s, Trump, Tom Homan, Homan, “ It’s, it’s, Biden, ” Homan, Obama, Kathleen Bush, Joseph, Barack Obama’s, Bush, The Trump, ” Bush, David Bier, Bier, ” Bier, , John Sandweg, CNN Sandweg, We’re, ’ you’re, ” Sandweg, Organizations: CNN, White, Customs, Fox News, Trump, Migration Policy, Obama’s, Cato Institute, ICE Locations: Mexico
"Look at which tax cuts were getting the most focus on the campaign trail. A traditional GOP tax policy might be thought of as favoring business tax cuts. "The top priority is extending the Trump tax cuts and the signature part of his program. Notably, House Speaker Mike Johnson has voiced support for the traditional view of funding tax cuts through economic growth. Individual tax cuts versus Social Security, business tax breaksHistory shows that when it comes to the battle between individual and business tax cuts, contrary to popular perception, individual tax issues are always politically dominant issue.
Persons: Donald Trump, Mnuchin, Stamper, Dustin Stamper, Grant Thornton, Rohit Kumar, Mitch McConnell, Trump, Kumar, Mike Crapo, Mike Johnson, It's, PwC, Biden, John Paulson, Paulson, Elect Trump, Joe Manchin, Kamala Harris, Elon Musk Organizations: Van Andel, Trump, GOP, Representatives, Idaho Republican, Senate, Capitol, Social Security, Child Tax, Corporations, New York Times, Republican, Social, Tax, Republicans, Democrats, West, CBO, IRS, Defense, Federal Reserve, Washington , D.C Locations: Grand Rapids , Michigan, U.S, Idaho, West Virginia, Washington ,
By contrast, that projected growth would take a hit if Trump were able to enact his mass deportation plans. An estimated 11 million unauthorized immigrants reside in the United States, but Trump’s focus has mostly been on deporting immigrants with criminal records. Goldman Sachs reported in June that it estimates about 1.2 million unauthorized immigrants, or 8% of that population, have criminal convictions. Here’s the financial impact for Americans if Trump follows through on his mass deportation plan. The report noted that inflation could peak at 0.5 percentage points higher under a mass deportation plan.
Persons: Donald Trump, Trump, Goldman Sachs Organizations: CNN, White, Congressional, University of New Hampshire Carsey School of Public Policy, Brookings Institute, US, American Immigration, Social Security, Trump, NBC News, US Immigration, Customs Enforcement, ICE Locations: America, United States
CNN —Israel’s far-right finance minister, Bezalel Smotrich, has ordered preparations for the annexation of settlements in the Israeli-occupied West Bank. President-elect Donald Trump’s victory in the US election “brings an important opportunity for the State of Israel,” Smotrich told the Knesset, or Israeli parliament. The “only way to remove” the “threat” of a Palestinian state, Smotrich added, “is to apply Israeli sovereignty over the entire settlements in Judea and Samaria,” the biblical term by which Israelis refer to the West Bank. Around half a million Israelis live in West Bank settlements. Smotrich, himself a settler, has long called for Israeli law to apply in the settlements, and previously opposed the creation of an independent Palestinian state.
Persons: CNN —, Bezalel Smotrich, Donald Trump’s, , ” Smotrich, Smotrich, Trump, Abraham, Trump’s Organizations: CNN, West Bank, Smotrich, State, Ministry of Defense, Civil Administration, Abraham Accords, Palestinian Authority, Minister’s Office Locations: , West Bank, Israel, Palestinian, Judea, Samaria, Jordan, Jerusalem, Syria
It reignites a debate about the feasibility of developing increasingly advanced models and AI scaling laws — the theoretical rules about how the models improve. It remains to be seen how smart an AI model can get when it has that much capital thrown at it. There could also be strategies to make AI models smarter by enhancing the inference portion of development. The model OpenAI released in September — called OpenAI o1 — focused more on inference improvements. Still, it's clear that, like Altman, much of the industry remains firm in its conviction that scaling laws are the driver of AI performance.
Persons: OpenAI's, It's, , Sam Altman, Fabrice Beaulieu, Altman, OpenAI, Andrew Caballero, Reynolds, Ion Stoica, Gary Marcus, Anthropic, Marcus, Claude, Ilya Sutskever, Dario Amodei, Kevin Scott, we're, Scott, they've Organizations: Service, OpenAI's, Orion, Business, Getty, Companies, New York University, Reuters, Sequoia, o1 Locations: GPT, Silicon Valley, AFP
Al Roker, 70, says he won't judge people who use Ozempic and other medications for weight loss. I think everybody's journey is their journey," Roker told The Daily Mail. AdvertisementAl Roker, 70, says he doesn't want to judge anyone who uses Ozempic for weight loss. I think everybody's journey is their journey," Roker said. Roker has been open about his struggles with binge eating and his dramatic weight loss journey through the years.
Persons: Al Roker, Roker, , you've, Ozempic, he's, everybody's, they've, Kelly Clarkson, Whoopi Goldberg, Clarkson, Elon Musk, Whoopi Goldberg —, Brianna Paruolo, Paruolo Organizations: Daily Mail, Service, Elon, FDA, Business Locations: New York
Her patients inquire about testosterone therapy for multiple problems — to improve mood, energy, sex drive, brain fog and muscle mass. She tells patients that testosterone therapy is currently only recommended for a low sex drive, although future research may find other benefits. Shifren, who has been involved in clinical trials looking at testosterone therapy in women, said that the benefits for women with low libido aren’t terribly impressive. When men start testosterone therapy, it is typically given in a gel with a dose of 50-100 mg a day. Voedisch recalls one patient who finally stopped testosterone therapy after her voice was altered.
Persons: Dr, Rebecca Dunsmoor, Su, They’re, Amy Voedisch, Voedisch, , , “ It’ll, they’ve, Traci Kurtzer, ” Kurtzer, Jan Shifren, Hospital’s, Shifren, It’s, Marcella Hill, Hill, ” Hill, didn’t, hadn’t, , Hill isn’t, ’ ” Organizations: OB, Stanford Medicine, Northwestern Medicine Center, Sexual, Drug Administration, Massachusetts, Health Locations: U.S, Palo Alto , California, Chicago, Boston, Vineyard , Utah
After winning in Washington, the first game of a daunting second-half schedule, do the Pittsburgh Steelers belong in the Super Bowl conversation? Setting aside how they compare to the rest of the NFL in 2024, how do you feel this year’s edition compares to the Chiefs teams of the past two seasons? Good teams, remember, almost always get fortuitous bounces and kind calls. This Chiefs team is more balanced and more well-rounded. And so, although the delivery may differ, this Chiefs team is just as equipped to make a Super Bowl run as any of the previous iterations.
Persons: Daniels, Baker Mayfield, BAKER, J. W Organizations: Chiefs, Steelers, Falcons, Bucs, 49ers Locations: New Orleans
But for some people, this is the dream: They're watching Netflix at 1.5x speed. What craven need for speed goes on in the dopamine-wrecked frontal cortex of someone who watches stuff at super speed? Netflix's "Love Is Blind" was mentioned several times as an example of something great to speed watch. Our modern, insatiable appetite for video content might mean that we've adapted and stretched our brains to watch faster and faster. As much as I'd like to accuse these speed watchers of being monsters, I have to consider my own preferred method of watching movies: at regular speed, on the big TV — but looking at my phone the entire time.
Persons: , craven, It's, weren't, I've, Nicholas Quah, incentivized Organizations: Service, Netflix, YouTube Locations: 1.25x
Here are five takeaways on the voters Trump won and what it means moving forward:The Latino realignmentA trend with the potential to remake the American political landscape is the huge shift in Latino voters toward Trump. Trump’s 1.5-point win in Osceola County flipped a location that President Joe Biden won by 14 points four years earlier. Trump’s performance similarly improved in Orange County, home of Orlando, where Biden won by 23 points in 2020 but Harris won by just 5.6 points this year. Trump’s gains are explained in part by his appeals to Black men, and his efforts to reach out to Arab American voters. Harris won by 10 points and 85,000 votes — short of the 14-point, 114,000-vote win Biden had notched there in 2020.
Persons: Donald Trump, Kamala Harris, Trump, Harris ’, Joe Biden, Biden, Harris, Anna Moneymaker, hadn’t, Hillary Clinton, Republican Sen, Ted Cruz, Vicente Gonzalez, he’d, Henry Cuellar, John Moore, she’d, Rebecca Cook, Reuters Harris, Nikki Haley, Liz Cheney, hasn’t, Andy Beshear, resoundingly Organizations: CNN, Trump, Democrats, they’ve, GOP, Republican, Sunshine State, Latino, Trump National Doral, Club, Texas borderland, Democratic, Democrat, Republicans, Detroit, voters, Reuters, South Carolina Gov, Wyoming, Nevada —, Independents, Democratic Party Locations: Florida, Miami, Dade County, Cuban, Orlando, Puerto Rican, Madison, Osceola County, Orange County, Doral , Florida, Rio Grande, Texas, Starr County, Starr, United States, Arizona, Yuma County, Rio, El Paso , Texas, Detroit, San Francisco, York City, Wayne County, New York City, Philadelphia, Pennsylvania, North Carolina, Oakland County, Macomb County, Nevada, Las Vegas, Trump’s, Missouri, Kentucky, In Missouri
Ukrainian President Volodymyr Zelensky said Thursday that about 11,000 North Korean soldiers are in the region, where Ukraine’s three-month military incursion into Russian territory has stalled. The New York Times reported Sunday that some 50,000 Russia and North Korean troops are set to take part in the assault. Reports that North Korea was sending troops to Russia began appearing last month, though both countries dismissed the allegations at the time. Russia and North Korea, both pariahs in the West, have forged increasingly friendly ties since Moscow’s 2022 invasion of Ukraine. Ukraine invaded the Kursk region over the summer, shocking Russia, in the first invasion of the country since World War II.
Persons: Volodymyr Zelensky, hasn’t, Donald Trump, Trump, Ohio Sen, JD Vance, Vladimir Putin, ” Trump, Zelensky, Elon Musk, Biden, CNN’s Jack Forrest, Helen Regan, Svitlana Vlasova, Tara John, Victoria Butenko, Nic Robertson, Kristen Holmes, Natasha Bertrand, Haley Britzky, Oren Liebermann Organizations: CNN, Russia, Sunday, The New York Times, Ukraine, US, NATO, Republican, Pentagon Locations: Russia’s Kursk, Russia, North, Korea, North Korea, Ukraine, Kursk, Moscow, Budapest, Kyiv, , Ukrainian
Mass deportation would exacerbate this economic issue, say employers and economists. Leverant says it is still being determined how jobs lost from a mass deportation would be filled. "Looking at specific occupations, about one-quarter of farm workers, agricultural graders, and sorters are undocumented workers. "One of the natural problems with undocumented workers, we don't know how many are here because they are undocumented. A mass deportation is not possible without crippling economic impact," he said.
Persons: Donald Trump, Donald J, Trump, Jason Leverant, Leverant, Chad Prinkey, AtWork, Janeesa Hollingshead, Hollingshead, Uber, Trump's, David Leopold, Leopold, Kristen Welker, isn't, they're, Nan Wu, Wu, Prinkey Organizations: U.S, White, TPS, AtWork, American Progress, American Immigration Council, American Community Survey, Pew Research Center, Consulting, Uber Works, American Immigration, Citizenship, Immigration Services, Trump, NBC News, AIC, USDA, Conservative, CNBC Workforce, cnbccouncils.com, wec Locations: Mexico, Eagle, , Texas, Piedras Negras, U.S, United States, Madison, New York, Greensfelder, California, Prinkey, Boston, Austin
President-elect Donald Trump raised eyebrows when he decided to hold a campaign rally in the Bronx in late May. Results so far show Trump winning more than 27% of the vote in the Bronx, shrinking his margin of defeat there significantly. Not only did the Teamsters decline to endorse, Murtaugh noted, but they also released polling in swing states, including Pennsylvania, that showed Trump winning over large numbers of their members. ‘We have no easy path here’For one Democratic policy aide, the biggest concern was movement among younger voters. And what happened [Tuesday] was a Louisville Slugger baseball bat going upside the head of the Democratic Party for not telling people the truth.
Persons: Donald Trump, Trump, Ritchie Torres, , ” Torres, “ Donald Trump’s, Joe Biden, Kamala Harris, It’s, Torres, , Harris, Nancy Mace, Trump’s, , Court’s Dobbs, ” Mace, Robert F, Kennedy Jr, Tulsi Gabbard, Elon Musk, ” Trump, ” There’s, Biden, Mike Berg, ” Tim Murtaugh, Murtaugh, MAGA, , you’re, ” —, we’re Organizations: The New, Democratic, Trump, Republican, Democrat, Democratic Party, NBC, GOP, , National Republican Senatorial, NBC News, Teamsters, Voters, Republicans, Pennsylvania Democrat, Louisville Slugger, Party, county, Democrats Locations: Bronx, The New York City, Manhattan, America, Pennsylvania , Michigan, Wisconsin, Hawaii, Pennsylvania, New York , New Jersey, Illinois, , New York
15 LSU its second consecutive double-digit loss Saturday night, effectively knocking the Tigers out of the College Football Playoff race with a 42-13 blowout in Baton Rouge. When Milroe plays how he did on Saturday — confident, decisive, efficient — Alabama is incredibly hard to defend. — Kennington Smith IIISEC race remains jumbledThe simplest immediate consequence of Saturday night’s blowout in Death Valley is that LSU’s SEC championship hopes have taken a major hit with the Tigers’ second SEC loss, while Alabama’s aspirations remain alive. AdvertisementBut it’s also easy to see a scenario where six teams tie for second with two SEC losses: LSU, Alabama, Ole Miss, Georgia, Tennessee and the loser of Texas/Texas A&M. Back in September, South Carolina’s LaNorris Sellers ran for 88 yards and two scores in a game LSU was lucky to escape unscathed.
Persons: Jalen Milroe, Garrett Nussmeier, Caden, Kalen, Brian Kelly’s, Milroe, — Kennington Smith, Ole, Matt Baker, Matt Baker LSU defense’s, Marcel Reed, LaNorris Sellers, Blake Baker’s, — David Ubben, Austin, Kane Wommack, they’re, hasn’t, DeBoer, — Smith Garrett Nussmeier’s, LSU’s, Nussmeier, Deontae Lawson, — Ubben, Jonathan Bachman Organizations: Alabama, LSU, Tigers, College Football, Crimson Tide, Tiger, Milroe, Bayou Bengals, SEC, Georgia, Aggies, Texas, Volunteers, Ole Miss, Matt Baker LSU, Tide, Getty Locations: Baton Rouge, Alabama, Texas, Tennessee, Arkansas, Kentucky, Auburn, Atlanta, Athens, Georgia, Mercer, Oklahoma
Trump is also wary of special elections to replace sitting lawmakers, especially in the Senate. has conveyed that he is not interested in entering the Trump administration, according to three sources familiar with the decision. Sessions, an adviser to Trump in 2016, was one of his earliest supporters when Trump elevated him from the Senate to run his Justice Department. The special election to replace him also turned into a centerpiece of Democratic organizing against Trump. Though the GOP won the special election narrowly, Republicans lost Price's congressional seat in the midterms and then watched Georgia turn blue in 2020.
Persons: Donald Trump, Trump, Steven Mnuchin, Ben Carson, Jeff Sessions, recusing, Tom Price, Ryan Zinke of, Roy Moore, Moore, Sen, Eric Schmitt, Marco Rubio, Tom Cotton, Mike Waltz, Mike Pompeo, Trump’s, Cotton, Bill Clark, Donald Trump Jr, , Rubio, , I’m, ” Rubio, Pompeo, Sessions, Price, Zinke, Rick Scott's Organizations: White, Treasury Department, of Housing, Urban, Republican, Trump, CIA, Getty, Trump Jr, coy, NBC’s, Senate, Congress, Justice Department, GOP, Republicans, Interior Department Locations: Alabama, Ryan Zinke of Montana, United States, Georgia
CNN —Ancient DNA has revealed surprises about the identities of some people who perished in the ancient Roman town of Pompeii after a volcanic eruption, overturning misconceptions about their genetic relationships, ancestry and sex. Ash and volcanic rock called pumice then covered Pompeii and its residents, preserving scenes of the victims of the city’s destruction like an eerie time capsule. While the Greeks, Etruscans and Samnites attempted to conquer it, Pompeii became a Roman colony, the study authors noted. In 2015, the Archaeological Park of Pompeii began efforts to restore 86 of the 104 casts originally made by Fiorelli. Together, park scientists and the study authors are working on a larger project to better understand the genetic diversity present in Pompeii during the Roman Empire.
Persons: Giuseppe Fiorelli, , David Reich, restorers, David Caramelli, Massimo Osanna, Gabriel Zuchtriegel, Valeria Amoretti, ” Caramelli, Reich, Steven Tuck, Tuck, ” Tuck, Caitie Barrett, Barrett, Homer’s “, Bacchus, Alissa Mittnik, , ” Barrett, Michael Anderson, Anderson, ” Anderson Organizations: CNN, Harvard Medical School, Harvard University, University of Florence, Villa, Miami University in, Cornell University, Max Planck Institute, Evolutionary Anthropology, Harvard, San Francisco State University Locations: Pompeii, Naples, what’s, Italy’s Campania, Roman, Italy, Miami University in Ohio, archaeogenetics, Britain, North Africa, Alexandria, Egypt, Bay
Trump has praised the leaders of many of these nations, especially Hungary’s far-right prime minister Viktor Orbán. Those angles include attacking journalists, discrediting their reporting, applying pressure on media owners to induce self-censorship, launching legal challenges, and leveraging wealthy allies to buy up media outlets to turn them into government mouthpieces. Those outlets were then centralized into the powerful media conglomerate, the Central European Press and Media Foundation (KESMA). That hub now controls roughly 500 outlets, Wójcik said, “consolidating the majority of pro-government media under a single entity.”The few remaining independent media outlets that continue to operate in the country “face challenges, including legal obstacles and broadcast license denials,” Wójcik said. Kamenchuk also expressed optimism that the “levers and limits” on the executive branch enshrined in US law will work to protect the free press.
Persons: Donald Trump, Trump, Sharon Moshavi, “ It’s, , Viktor Orbán, , Moshavi, ” Moshavi, Olga Kamenchuk, Kamala Harris, Harris, ” Kamenchuk, ” Anne Applebaum, ” Applebaum, who’s, Orbán’s, Anna Wójcik, Orbán, Wójcik, ” Wójcik, Mikhail Zygar, Der Spiegel, Vladimir Putin, ” “ Putin, , Putin, A.G . Sulzberger, ” Sulzberger, Applebaum, it’s, Kamenchuk Organizations: New, New York CNN, International Center for Journalists, Northwestern University, The Washington Post, Los Angeles Times, Kozminski University, , Central European Press and Media Foundation, “ Journalists, CBS, New York Times Locations: New York, Europe, United States, Russia, Hungary, India, Poland, Washington, authoritarians, Russian
Skyscrapers on the skyline in the financial district of Frankfurt, Germany, on Monday, Nov. 4, 2024. European markets were expected to open in mixed territory on Friday, as investors awaited corporate results and reacted to quarter-point interest rate cuts from the U.S. Federal Reserve and Bank of England. It comes as market participants continue to take in political upheaval in Germany and Donald Trump's historic presidential election victory this week. Elsewhere, Asia-Pacific markets were mixed on Friday, with investors closely monitoring the final day of China's National People's Congress, which is expected to announce fiscal stimulus measures. On Wall Street, U.S. stock futures gained marginally after the S&P 500 and Nasdaq Composite notched fresh records in a post-election rally.
Persons: Germany's DAX, Donald Trump's, Chancellor Olaf Scholz, Christian Linder, Scholz Organizations: U.S . Federal Reserve, Bank of England, France's CAC, IG, People's Congress, Nasdaq Locations: Frankfurt, Germany, Asia, Pacific, U.S
Watch: Dramatic video shows the moment a car explodes in NYC
  + stars: | 2024-11-08 | by ( ) edition.cnn.com   time to read: 1 min
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WASHINGTON — President-elect Donald Trump’s dramatic victory has scrambled next week’s three-way contest to replace Senate Republican Leader Mitch McConnell, the chamber’s longest-serving leader who is stepping down at the end of the year. One ally of both Scott and Trump, Sen. Ron Johnson, R-Wis., urged Trump to endorse Scott, a former Florida governor who cruised to re-election in the Senate on Tuesday night. “If you’ve got any influence with President Trump, ask President Trump to come out publicly and say he wants to work with somebody as accomplished as Rick Scott to accomplish his agenda. Cornyn joined Trump at a rally in Reno, Nevada, last month for Republican Senate candidate Sam Brown, whose race is currently too close to call, according to NBC News projections. "As I told President Trump, I'm interested in getting the band back together again," Cornyn told Fox News host Neil Cavuto on Monday.
Persons: Donald Trump’s, Mitch McConnell, McConnell’s, John Thune, Sen, John Cornyn, , Rick Scott, John, John Barrasso, McConnell, Scott, Trump, ” Scott, , ” Trump, Ron Johnson, you’ve, President Trump, We’ve, ” Johnson, , — it’s, it’s, Mike Lee, Bernie Moreno, Tim Sheehy of Montana, Jim Justice, Thune, ” Thune, he’s, ” Thune’s, Tim Scott, Cornyn, Trump’s, Sam Brown, I'm, Neil Cavuto, MAGA, Ted Cruz Organizations: WASHINGTON, Republican, Republicans, GOP, GOP Conference, Trump, NBC News, McConnell, Fox Business, United States Senate, CNBC, NBC, Fox News, National Republican Senatorial, Senate, Texas Republican Locations: South Dakota, Texas, Florida, Wyoming, Washington, Utah, Bernie Moreno of Ohio, West Virginia, Lago, Reno , Nevada
The three remaining ministers of the Free Democrats resigned in response, leading to the downfall of the government coalition. Scholz is expected to lead the country with a minority government, but the opposition is calling for an immediate no-confidence vote. Tobias Schwarz / AFP - Getty Images fileScholz’s left-leaning Social Democrats will now effectively lead a minority government with the remaining coalition partner, the environmentalist Greens. Lindner’s pro-business Free Democrats had rejected tax increases or changes to Germany’s strict self-imposed limits on running up debt. Scholz’s Social Democrats and the Greens wanted to see major state investment and rejected the Free Democrats’ proposals to cut welfare programs.
Persons: Chancellor Olaf Scholz, Christian Lindner, Scholz, Volker Wissing, Lindner, Frank, Walter Steinmeier, ” Scholz, Olaf Scholz, Tobias Schwarz, Friedrich Merz, Merz, , , ” Merz, Achim Wambach, Donald Trump Organizations: Free Democrats, German Finance, AFP, Getty, Social Democrats, Greens, Christian Democrats, German Bundestag, Scholz’s Social Democrats, Leibniz Center for European Economic Research Locations: Berlin, German, Germany, , Europe
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