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☆ Goldman Sachs slashes European growth forecasts on Trump win
▼ + stars: | 2024-11-07 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —President-elect Donald Trump’s proposed protectionist policies, including hefty tariffs, will hurt Europe’s economic standing — leaving crisis-hit Germany particularly vulnerable, Goldman Sachs predicts. Goldman Sachs expects gross domestic product across the 20 countries that use the euro to expand 0.8% next year, down from the 1.1% it forecast previously. Goldman Sachs’ central expectation is for “a more limited set of tariffs on European economies,” targeting primarily their auto exports. Goldman Sachs now expects the German economy to grow only 0.5% next year because of trade tensions, just over half the 0.9% growth it forecast previously. “For European businesses, Trump’s return to the White House implies considerable trade policy risks and geopolitical uncertainty,” Berenberg chief economist Holger Schmieding wrote in a note Thursday.

Persons: Donald Trump’s, Goldman Sachs, Trump’s, Trump, ”, Holger Schmieding, “ Organizations: London CNN —, NATO, Republican, European Union, Volkswagen, VW Locations: Germany, United States, Europe, Ukraine, China

☆ 2 crypto tycoons are almost $15 billion richer after Trump's election victory
▼ + stars: | 2024-11-07 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Two crypto moguls' joint wealth rose by about $15 billion on the back of Trump's election victory. Binance's Chaopeng Zhao and Coinbase CEO Brian Armstrong added about $12 billion and $2.6 billion each. AdvertisementTwo cryptocurrency tycoons saw a near-$15 billion boost to their combined wealth on Wednesday as Donald Trump won the presidential election. One result was the world's 12 richest people grew more than $70 billion richer in a single day, per Bloomberg's wealth rankings. Exclude him and his 11 peers have grown a combined $505 billion richer this year — a figure that exceeds the market value of Oracle ($502 billion).

Persons: Binance's Chaopeng Zhao, Brian Armstrong, —, Donald Trump, Changpeng Zhao, Zhao, Elon, Binance, Elon Musk, Anthony Harvey, Kamala Harris, Musk, Larry Ellison, Berkshire Hathaway's Warren Buffett, Jeff Bezos, Bernard Arnault Organizations: Service, Bloomberg, Trump, Ethereum, Republican, Democratic, Oracle Locations: Solana, Berkshire

☆ U.S. election ultimately came down to kitchen-table economics, says Prinsights founder
▼ + stars: | 2024-11-07 | 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 EmailU.S. election ultimately came down to kitchen-table economics, says Prinsights founderNomi Prins, founder of Prinsights Global, talks about why President-elect Donald Trump won the election and what economic issues the Republican administration will focus on.

Persons: Nomi Prins, Donald Trump Organizations: Prinsights

Trump defeated Democratic candidate Vice President Kamala Harris, and Republicans claimed a majority of the Senate in elections this week. "We know kind of where the world is headed in a Trump environment because we've seen it before," said Jeffrey Solomon, president of TD Cowen, on CNBC's "Money Movers" Wednesday. One M&A advisor, who also spoke to CNBC anonymously, noted that Trump's disdain for Big Tech companies — historically active deal-makers — might keep them on the sidelines. Apparent GOP opposition to the CHIPS Act means that semiconductor consolidation might be challenging, the advisor noted, while cautioning it is still too early to know what a Trump presidency would mean. That advisor noted that smaller banks had been getting gobbled up for "some time," but that the pace and size of those acquisitions would likely ramp up under a Trump presidency.

Persons: Donald Trum, Ronda Churchill, Donald Trump, Kamala Harris, Jeffrey Solomon, TD Cowen, Solomon, Trump, Lina Khan, Khan, Howard Gutman, Jonathan Miller, —, Jared Holz, Mizuho, Sen, Elizabeth Warren, David Zaslav, David Grogan Organizations: Republican, Nevada GOP, Afp, Getty, Trump, Democratic, Republicans, Biden administration's Department of Justice, Federal Trade Commission, CNBC, Dow Jones, MorganFranklin Consulting, Big Tech, Qualcomm, Intel, Integrated Media, Pharmaceutical, Biotech, Illumina, FTC, Maze Therapeutics, Sanofi, Senate, DOJ, Allen & Company Sun Valley Conference Locations: Florida, Nevada, Las Vegas , Nevada, Ronda, Trump, Sun Valley , Idaho

☆ Trump Media shares dive, giving up Election Day gain
▼ + stars: | 2024-11-07 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Shares of Trump Media & Technology Group , President-elect Donald Trump's media company, plunged in premarket trading Thursday, giving back the rally in the previous session triggered by his election victory. Trump Media, which is the operator of Truth Social, was viewed as a proxy for Trump's election odds in the past few months. The stock had shot up as much as 60% early Wednesday as Trump was projected to defeat Vice President Kamala Harris. The media company, majority owned by Trump, went public in March via a blank-check merger and now trades under ticker DJT — Trump's initials. Trump Media released a surprise earnings statement after the bell Tuesday that showed the company lost $19.2 million in the third quarter.

Persons: Donald Trump, Elon Musk, Donald Trump's, Trump, Kamala Harris Organizations: Republican, White House, Trump Media & Technology Group, Trump Media, Trump, Investors Locations: Mar, Palm Beach , Florida, U.S, United States

☆ A top mind at JPMorgan Asset Management warns of clear economic red flag after Trump's big win, despite soaring US stocks
▼ + stars: | 2024-11-07 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

US stocks had one of their best days in years and hit new records after Trump's resounding win over Kamala Harris in Tuesday's election. Both of those moves make sense, said David Kelly, the global strategy chief at JPMorgan Asset Management, in an interview on Wednesday. AdvertisementThe strategy chief has been adamant that higher tariffs — one of Trump's key proposals — would cripple the US economy and endanger the global economic expansion. Related storiesMost economists condemn tariffs, which are taxes on imports, because they tend to lead to higher prices and lower economic growth. Sean Gallagher, the global head of Lazard's small-cap equity platform, made a similar point in a recent interview with Business Insider when asked about Trump's tariffs and Kelly's stance.

Persons: Stocks, Donald Trump, David Kelly, Wall, he's, —, Donald Trump's, Trump's, Kamala Harris, Kelly, Trump, Mahatma Gandhi, I'm, I've, Tom Orlik, who's, Chris Murphy, Susquehanna's, Orlik, Sean Gallagher, Gallagher, maven, He's, inflation's Organizations: House . Market, Service, Nasdaq, US, JPMorgan Asset Management, Republican, JPMAM, Bloomberg Economics, Business, Trump Locations: Tuesday's

☆ Stocks making the biggest moves midday: Warner Bros. Discovery, AppLovin, Wolfspeed, Lyft and more
▼ + stars: | 2024-11-07 | by ( Pia Singh | In | ) www.cnbc.com time to read: +4 min

The stock had popped 5.9% on Wednesday after the Republican was elected the 47th president of the U.S. Warner Bros. Lyft expects current-quarter bookings to come in between $4.28 billion to $4.35 billion, topping a FactSet consensus of $4.23 billion. Wolfspeed posted revenue of $195 million for the first fiscal quarter, missing the LSEG consensus forecast by $5 million. Arm posted adjusted earnings per share of 30 cents on revenue of $844 million for the second quarter. AppLovin also guided its fourth-quarter EBITDA of $740 million to $760 million, higher than the $667 million StreetAccount forecast.

Persons: LSEG, Donald Trump's, Armour, —, Lyft, Wolfspeed, AppLovin, Zillow, Alex Harring, Sean Conlon, Hakyung Kim, Yun Li, Lisa Kailai Han Organizations: Bros, Dutch Bros, Trump Media & Technology, Republican, U.S, Warner Bros, —, Discovery, FactSet . Arm Holdings, LSEG, Gilead Sciences Locations: Gilead

☆ Americans are flocking to expat websites after the election: 'They want out, fast'
▼ + stars: | 2024-11-07 | by ( Jennifer Liu | ) www.cnbc.com time to read: +2 min

Tens of thousands of Americans are looking into moving abroad after Donald Trump's presidential reelection. In the hours following the presidential race being called for the Republican nominee, nearly 30,000 people and counting visited the website for Expatsi, a travel company that offers scouting trips to help Americans move abroad. 'The exit is real'LaVerne Collins, 65, was visiting Portugal on a scouting trip with Expatsi when she learned of the presidential election results. "As an African American woman, my concerns about government stability and safety is heightened," she tells CNBC Make It. "I recognized that depending on how this election would go, things could become even more unstable."

Persons: Donald Trump's, We're, Jen Barnett, We've, LaVerne Collins, Kamala Harris, Collins, Trump, she's Organizations: Republican, Expatsi, CNBC Locations: Portugal, Greensboro , North Carolina, Costa Rica, African American

☆ Britain loves its 'special relationship' with the U.S. — but that doesn't mean Trump will love it back
▼ + stars: | 2024-11-07 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +6 min

London feels those long-standing bonds and geopolitical interests make its relationship with the U.S., well, special. Not so special anymoreDescribing the "special relationship" as one of convenience for the U.S., Pickering said the U.K. could still maneuver itself to be useful to an incoming Trump government. Whisper it, but the "special relationship" ceased to be special long ago, according to Holger Schmieding, chief economist at Berenberg. "That Trump and Starmer are apparently not fans of each other, to put it mildly, will not help in future U.S.-U.K. talks. Britain's Queen Elizabeth II greets U.S. President Donald Trump as he arrives for the Ceremonial Welcome at Buckingham Palace, in London, Britain June 3, 2019.

Persons: Donald Trump, Jeff J Mitchell, Keir Starmer, Trump, David Lammy, Starmer, Harris, Joe Biden, Kevin Lamarque, Badenoch, Lammy, Kallum Pickering, Peel Hunt, We're, we'll, Pickering, Holger Schmieding, Schmieding, Britain's Queen Elizabeth II, Victoria Jones Organizations: Getty, U.S, London, Britain's, Republican, Trump Tower, Trump, Atlantic, Labour Party, White, Reuters, Conservative Party, Republicans, Labour, European Union, China, Peel, CNBC, NATO Locations: London, New York, Washington, Europe, China, EU, U.S, America, Buckingham, Britain

As well as drastically increasing the number of strikes, Russia has begun to fire decoy drones without warheads to overwhelm Ukraine’s air defenses. These cheaper drones confuse Ukraine’s air defenses, which may shoot down decoy drones instead of ones carrying a lethal warhead. Decoy drones now account for as many as half of all Russian drones fired at Ukraine, Ihnat said. In the capital, there has only been one night without a drone attack since September 1. I just hide, wait and hope that I will survive.”A car and house burn after they were damaged from a Russian drone strike in Kyiv on Thursday.

Persons: Volodomyr Zelensky, Yuriy Ihnat, Ihnat, Donald Trump’s, “, Vadym, Valentyn Ogirenko, Serhiy Popko, ” Popko, Zelensky, ”, Kamala Harris, Trump, ” Zelensky, Vladimir Putin Organizations: Ukraine CNN —, CNN, Reuters, Republican, Russia, North Korean, Ukraine Locations: Kyiv, Ukraine, Ukraine CNN — Russia, Moscow, Russia, Iran, Russian, “, United States, Russia’s Kursk, Ukraine’s, Pyongyang

☆ Trump win and threat of more tariffs raises expectations for more China stimulus
▼ + stars: | 2024-11-07 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

On the campaign trial, Trump threatened to impose additional tariffs of 60% or more on Chinese goods sold to the U.S. She expects a stimulus package of more than 10 trillion yuan ($1.39 billion), with about 6 trillion yuan going towards local government debt swaps and bank recapitalization. More than 4 trillion yuan will likely go towards local government special bonds for supporting real estate, Su said. That divergence in stock performance indicates China's stimulus "will be slightly bigger than the baseline scenario," said Liqian Ren, who leads WisdomTree's quantitative investment capabilities. She estimates Beijing will add about 2 trillion yuan to 3 trillion yuan a year in support.

Persons: Zhu Baoliang, Trump, Su, Yue Su, —, Liqian Ren, Ren doesn't, Biden, Chris Miller, That's, China's, Zhiwei Zhang Organizations: Bund, Trump, Citigroup, U.S, Economist Intelligence Unit, National People's Congress, Huawei, Republicans, Senate, NBC, Republican Party, Emergency Economic, Trade Locations: Shanghai, China, Hong Kong, Beijing, U.S

Unlike Trump’s surprise win in 2016, House and Senate GOP leaders have been preparing for months for a possible GOP sweep. With Republicans winning control of the Senate, delivering on Trump’s agenda will come down to whether the GOP retains a majority in the House. Even with unified GOP control, there would be challenges ahead for Republicans. One issue is the political math: House Republicans believe if they do hold onto the majority, it won’t be by much. But it wouldn’t be easy to clear a huge package through a narrowly divided House even if Republicans control all the levers of power.

Persons: Donald Trump, ” GOP Wisconsin Sen, Ron Johnson, Mike Johnson, Trump, Johnson, Joe Biden, Johnson —, —, “, Tim Burchett, ” Johnson, Mark Meadows, Steve Bannon, Joe Biden’s, Nicole Malliotakis, ” Malliotakis, — Biden, Nancy Pelosi, “ Dems, Marjorie Taylor Greene, ” Greene, Danya Gainor Organizations: CNN, Republicans, Capitol, GOP, Trump, ” GOP Wisconsin, Senate Finance, House, Democratic, Republican, “, Trump Administration, House Republicans, Republican New York, Democrats, Biden White, nab Locations: Washington, ”, Pennsylvania, Michigan, Congress

☆ Trump thinks presidents have near-total power: there will be little to stop him in his second term
▼ + stars: | 2024-11-07 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

CNN —Donald Trump believes presidents have almost absolute power. In his second term, there will be few political or legal restraints to check him. It’s not guaranteed that just because Trump has massive power he will spurn constitutional checks and balances. No other president has come into office armed with a Supreme Court ruling that grants significant immunity to presidents for official acts. Attempts to prosecute Trump’s political foes on spurious grounds, meanwhile, could theoretically see mass resignations of Justice Department staff.

Persons: Donald Trump, Kamala Harris, Trump, he’ll, It’s, ”, Adam Kinzinger, Arizona Sen, John McCain, Marjorie Taylor Greene, “, scoffed, CNN’s Dana Bash, ” Trump, Jack Smith, Elie Honig, Corey Brettschneider, ” Brettschneider, Patrick Henry’s disquiet, George Washington, Brettschneider, Henry, —, Vladimir Putin, Xi Jinping, Viktor Orbán, he’s, Ketanji Brown Jackson, Don McGahn, John Kelly, Mark Esper, That’s Organizations: CNN, White, Republican Party, GOP, Republican, Trump, Capitol, Electoral College, “, Affordable, Georgia Republican, Justice Department, Trump —, Brown University, Citizens, Democratic House, Department, Constitutional Convention Locations: Washington, ”, Ohio, Ukraine, Arizona, Illinois, Georgia, New York, America, Hungarian, New Hampshire, Trump

☆ Zelensky confirms deadly clashes with North Korean troops as Putin says he’s willing to talk with Trump
▼ + stars: | 2024-11-07 | by ( Helen Regan | ) edition.cnn.com time to read: +5 min

CNN —North Korean troops deployed to Russia’s Kursk region have fought Kyiv’s forces on the battlefield, Ukrainian President Volodymyr Zelensky said Thursday, adding that the clashes resulted in fatalities. Zelensky said 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 earlier this week that a number of North Korean troops had been killed in a limited engagement with Russian and Ukrainian forces, citing senior US and Ukrainian officials. US officials had warned that around 10,000 North Korean troops are in the Kursk region and would be expected to enter combat against Ukraine. But Zelensky fears a greater role for North Korean troops if its allies fail to exert more pressure on Putin.

Persons: Volodymyr Zelensky, Zelensky, ” Zelensky, ”, Donald Trump, Vladimir Putin, Maxim Shipenkov, Putin, Trump, JD Vance, Jill Dougherty, “, they’ve, Dougherty, – Putin Organizations: CNN, North, Russian Federation, New York Times, NATO, Republican, Getty, Trump, CNN Moscow, Georgetown University’s Center, East European Studies, Budapest Thursday, Ukraine, North Korean, Putin Locations: Russia’s Kursk, Ukrainian, Ukraine, Kursk, Budapest, Hungary, United States, Moscow, Pyongyang, Sochi, Black, Kyiv, Russia, ”, Donbas, Crimea, South Korea

☆ Photos this week: October 31-November 7, 2024
▼ + stars: | 2024-11-07 | by ( Kyle Almond | ) edition.cnn.com time to read: +1 min

Four years after losing the presidency, Donald Trump won it back in Tuesday’s election. The Republican nominee, who served from 2017-2021, defeated Vice President Kamala Harris to complete a historic political comeback. “I want to thank the American people for the extraordinary honor of being elected your 47th president and your 45th president,” Trump said at an election-night event in West Palm Beach, Florida. Harris, the nation’s first female vice president, was hoping to shatter a nearly 250-year-old glass ceiling to become the nation’s first female president. “But hear me when I say: The light of America’s promise will always burn bright.”Here are some of the stories that made headlines over the past week, as well as some photos that caught our eye.

Persons: Donald Trump, Kamala Harris, ” Trump, ”, Trump, Harris, Joe Biden’s Organizations: Republican, Democratic Locations: Tuesday’s, West Palm Beach , Florida, America, Butler , Pennsylvania, Lebanon

Harris offered to console Democrats over the loss to former President Donald Trump, acknowledging they were "feeling and experiencing a range of emotions right now." Trump never did when he lost to President Joe Biden and Harris in 2020. After Biden dropped out and endorsed Harris, Democrats reveled in the change, flooding donation channels and crushing fundraising records. The Biden campaign was skidding off course, setting off an eruption of party panic. Memorably, Harris offered a stinging rebuttal to Trump’s insistence on the debate stage that he had won the 2020 election.

Persons: Kamala Harris, Harris, Donald Trump, Trump, Joe Biden, Biden, MAGA, —, reveled, Roe, Wade, Hillary Clinton’s, “, ” Harris, Donald J, Shuran Huang, Nancy Pelosi, Harris ’, Oprah, Bruce Springsteen, John Legend, “ Donald Trump Organizations: mater Howard University, Wednesday, Democratic, Trump, Republicans, Republican Party, Republican, Democrats, Biden, Trump —, NBC News, White, U.S . Capitol, “, Service, Democratic National Convention Locations: U.S, California, America, Washington, “ America, United States of America, United States, Butler , Pennsylvania, Chicago, Iowa, Ohio

☆ Asian Americans favored Harris, but shifted right by 5 points
▼ + stars: | 2024-11-06 | by ( Kimmy Yam | Kimmy Yam Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +5 min

Asian American support for Donald Trump was 5 points higher this election cycle than in 2020, marking a slight shift to the right. The NBC News Exit Poll of early and Election Day voters indicated that 54% of Asian American voters chose Harris, while 39% voted for Trump. Harris lost seven points compared to Asian American Pacific Islander (AAPI) support for Biden in 2020. “The pendulum has started to swing back.”Ramakrishan pointed out that previous polling showed that the economy was a major priority for the Asian American electorate. And for the Asian American community, a group that owns more than 3 million small businesses, that perception was particularly effective.

Persons: Donald Trump, Harris, Karthick Ramakrishnan, ”, ” Ramakrishan, you’re, ” Ramakrishnan, Ramakrishnan, Trip Yang, Trump, Bill Clinton’s, Barack Obama, Trump’s, Ramakrishan, “, ” Yang, Biden Organizations: NBC, Trump, American Pacific, Biden, AAPI, Democratic, American, Democratic Party, Republican Party, Asian American, GOP Locations: U.S, Asian American, American, “

If González’s advantage over Dalmau prevails, the pro-statehood New Progressive Party would make history as the first in Puerto Rico to secure a third consecutive term. Back-to-back pro-statehood governors have held office in Puerto Rico since 2016, when Ricardo Rosselló was elected. Local political parties are largely divided based on the issue of Puerto Rico’s territorial status. An unprecedented shiftNo winner has been certified yet, Jessika Padilla, president of the Puerto Rico Elections Commission, said during a news conference early Wednesday. The Puerto Rico Elections Commission is so far reporting a 58% voter turnout in this year’s election.

Persons: Jenniffer, Juan Dalmau —, “, ” González, González, Dalmau, Ricardo Rosselló, Pedro Pierluisi, Rosselló’s, Wanda Vázquez, Kamala Harris, Donald Trump, ” Gonzalez, Maria, Jessika Padilla, Jesús Manuel Ortiz, Ortiz, Fernando Rivera, Puerto Ricans, Harris Organizations: New Progressive Party, Puerto Rican Independence Party, Citizens, Puerto Ricans, Puerto, Puerto Rico Elections Commission, Local, Trump Cabinet, Popular Democratic Party, Dalmau, “ Alianza ”, Puerto Rico Research, University of Central, Trump, Democratic, Republican Locations: Puerto Rico, Puerto, González, “ Puerto Rico, Puerto Rican, Dalmau, University of Central Florida, U.S

Former President Donald Trump has won the critical swing state of Michigan, NBC News projects, netting the Republican 15 Electoral College votes over Vice President Kamala Harris. Michigan has been one of the nation’s most hotly contested battlegrounds since it helped Trump pull off a surprise victory in 2016. No Democrat has won the White House without Michigan since Jimmy Carter in 1976. Hillary Clinton in 2016 became the first Democratic presidential nominee to lose Michigan in decades, when Trump edged her out by just 10,704 votes. Trump’s victory this year will likely ensure that the state remains a key battleground going forward.

Persons: Donald Trump, Kamala Harris, Trump, Harris, Jimmy Carter, Jill Stein, Cornel West, Hillary Clinton, Biden Organizations: NBC News, Electoral, White House, Democrat, NBC, Democratic Party, Biden, Democratic, Michigan, Trump Locations: Michigan, Kamala Harris . Michigan, Upper Midwest, Detroit, Gaza, Lebanon, Muslim, Israel, Democratic, Midwest

“As a Palestinian, I think it doesn’t matter,” said Riyad Awad, 61, in the central West Bank city of Ramallah on Wednesday. Some expressed deep concern over Trump’s victory, while others were curious about whether he might ultimately be the right figure to stop the fighting after months of failed U.S. efforts. “He said that he’s going to end the war,” said 19-year-old Hussam Alsharif, who was displaced from his home farther south in Gaza by Israel’s offensive. He has praised Russian President Vladimir Putin and incorrectly blamed Ukrainian President Volodymyr Zelenskyy for starting the war, while refusing to commit to sending more aid to the embattled country. Russia, said Maksym Kostetskyi, head of the Centre for Policy Making, a think tank based in Kyiv.

Persons: Fawaz, Netanyahu, Donald Trump ”, Joe Biden, ” Gerges, “, —, Brown, Gerges, ”, Israel, Trump’s, Riyad Awad, Khan Younis, Alsharif, Trump, Vladimir Putin, Volodymyr Zelenskyy, Maksym Kostetskyi, Zelenskyy Organizations: London School of Economics, Trump, Republican, West Bank, West, “ Republican, Democratic, NBC News, ”, Centre Locations: Trump , Washington, Gaza, Lebanon, Iran, U.S, Jerusalem, Israel, West Bank, Ramallah, ” Ukraine, Ukraine, Europe, Russia, Kyiv, “, United States, America

Former President Donald Trump has defeated Vice President Kamala Harris in Wisconsin, NBC News projects, denying Democrats a vital segment of their “blue wall” of Northern states to claim victory in the presidential race. Polling in the lead-up to Election Day had showed Harris and Trump locked in a tight race within the margin of error in Wisconsin, similar to other battleground states. Harris and Trump campaigned feverishly for months in Wisconsin, regularly crisscrossing the state and advertising heavily. She was joined by former Rep. Liz Cheney, R-Wyo., whose father was Republican President George W. Bush’s vice president. Trump's two Wisconsin wins are the only ones for Republicans at the presidential level since 1984.

Persons: Donald Trump, Kamala Harris, Trump, Hillary Clinton, Joe Biden, Harris, feverishly, Trump’s, Liz Cheney, George W, Barack Obama's Organizations: NBC News, Republican Party, Wisconsin, Republicans Locations: Wisconsin, Pennsylvania, North Carolina, Georgia, Dane County, Milwaukee, Ripon

Pennsylvania Senate: Although Trump is projected to win Pennsylvania, the Senate race there is still too close to call. Colorado's 8th District: Democratic Rep. Yadira Caraveo is locked in a tight race in the Denver suburbs against Republican state Rep. Gabe Evans. Ohio's 9th District: Democratic Rep. Marcy Kaptur is locked in an extremely tight race with GOP state Rep. Derek Merrin. Texas' 34th District: Democratic Rep. Vicente Gonzalez faces a rematch against former GOP Rep. Mayra Flores, with Gonzalez slightly ahead. Washington's 4th District: Republican Rep. Dan Newhouse narrowly leads Republican former NASCAR driver Jerrod Sessler.

Persons: Donald Trump, Trump, Kamala Harris, Ruben Gallego, Kari Lake, Gallego, outperforming Harris, Lake, Mike Rogers, Elissa Slotkin, Rogers, Slotkin, Democratic Sen, Debbie Stabenow, Jon Tester, Tim Sheehy, Republican Sam Brown, Jacky Rosen, Republican Joe Lombardo, Catherine Cortez Masto, Bob Casey, Republican Dave McCormick, Tammy Baldwin, Eric Hovde, Baldwin, Republican Nick Begich, Mary Peltola, David Schweikert, Shah, Juan Ciscomani, Sen, Kirsten Engel, Kevin Kiley, Jessica Morse, Josh Harder, Stockton Mayor Kevin Lincoln, John Duarte, Democrat Adam Gray, David Valadao, Rudy Salas, Mike Garcia, Democrat George Whitesides, Young Kim, Joe Kerr, Ken Calvert, Will Rollins, Michelle Steel, Derek Tran, Mike Johnson, Bill Clark, Republican Scott Baugh, Dave Min, Mike Levin, Matt Gunderson, Lauren Boebert's, Adam Frisch, Boebert, Republican Jeff Hurd, Gabe Evans, Frank Mrvan, Republican Randell Niemeyer, Republican Mariannette Miller, Meeks, Christina Bohannan, Jared Golden, Austin Theriault, David Trone's, Frederick, April McClain Delaney, John Delaney, Republican Neil Parrott, Monica Tranel, Ryan Zinke, Harris, Don Bacon, Tony Vargas, North, Don Davis, Republican Laurie Buckhout, Gabe Vasquez, Yvette Herrell, Susie Lee, Drew Johnson, Steven Horsford, North Las Vegas Mayor John Lee, Anthony D'Esposito, Laura Gillen, Josh Riley, Marc Molinaro, Marcy Kaptur, Derek Merrin, Janelle Bynum, Lori Chavez, Andrea Salinas, Mike Erickson, Salinas, Erickson, Ryan McKenzie, Susan Wild, Scott Perry, Janelle Stelson, Vicente Gonzalez, Mayra Flores, Gonzalez, Democrat Eugene Vindman, Republican Derrick Anderson, Vindman, Alexander Vindman, Volodymyr Zelenskyy, Marie Gluesenkamp Perez, Republican Joe Kent, Dan Newhouse, Jerrod Sessler, Sessler, Newhouse, Kim Schrier, Carmen Organizations: Republican Party, NBC, Arizona, Democratic, Marine, Lake, Michigan, GOP, Democratic Rep, Nevada Senate, Republican, Senate, Pennsylvania, . Wisconsin Senate, Republicans, Democrat, California Natural Resources Agency, Stockton Mayor, Capitol, NASA, Virgin Galactic, Democrats, Democratic Army, Inc, Getty, Colorado's, Gary, Miller, Maine's, Rep, NASCAR, Commerce Department, District, Republican Rep, Army, Mexico's, North Las Vegas Mayor, New York's, Ohio's, Freedom Caucus, Trump, Ukrainian Locations: Michigan, Arizona, Nevada, Alaska, Debbie Stabenow . Montana, Montana, Pennsylvania, Washington, California, Phoenix, District, Tucson, California's, Sacramento, Central Valley, Southern California, Riverside County, Colorado's, Denver, Indiana's, Iowa's, Maryland's, Nebraska's, Omaha, North Carolina's, Nevada's, Las Vegas, Oregon's, Pennsylvania's, Texas, Virginia's, Washington's

Former President Donald Trump has gained 266 electoral votes — just four away from the 270 he needs to be elected 47th President of the United States. Republicans will control the Senate: Republicans will win the US Senate majority, CNN projects, shifting the balance of power in Washington. The Republican march to control started early on election night when West Virginia Gov. Battleground projections: Early on Tuesday evening, Trump swept reliable red states and Vice President Kamala Harris picked up blue strongholds. Harris will speak later today: The campaign’s co-chair Cedric Richmond told supporters the vice president wasn’t going to speak Tuesday evening, but is expected to speak today.

Persons: Donald Trump, ” Trump, ”, Jim Justice, Sen, Joe Manchin, Democratic Sen, Sherrod Brown, Bernie Moreno, Trump, Kamala Harris, Harris, Cedric Richmond, wasn’t, Richmond Organizations: ” CNN, Senate, Republicans, CNN, Republican, West Virginia Gov, Democrat, Democratic, Trump, Howard Locations: United States, Florida, America, Washington, In Ohio, North Carolina, Georgia, Pennsylvania

Outside of the eight states with the ballot measures, certain cities and municipalities in three states, as well as Washington, D.C., have allowed noncitizens to vote in some local elections. Supporters of the ballot measures have argued that they are a way to get ahead of any potential problems related to noncitizen voting. Passage of the amendments marks the latest chapter of Republican's ongoing efforts to put unfounded claims of noncitizen voting at the center of a broader political strategy. Former President Donald Trump has long made false claims that noncitizen voting is resulting in widespread fraud and that Democrats have helped migrants enter the country to cast those ballots. The Republican National Committee’s election integrity campaign also highlighted noncitizen voting as a danger that it warned could be a source of widespread fraud in the 2024 election.

Persons: it’s, noncitizens, ”, Donald Trump, Mike Johnson Organizations: Republican, NBC, noncitizens, GOP, Republicans, D.C, United, Republican National Locations: Idaho , Iowa , Kentucky , Missouri, North Carolina , Oklahoma, South Carolina, Wisconsin, Washington, Iowa , Missouri, Idaho, Kentucky, United States

Republicans have averted a potential disaster in Nebraska, with NBC News projecting that Sen. Deb Fischer has won re-election to a third term. Fischer faced a surprisingly competitive challenge from independent Dan Osborn, a mechanic and union leader who cast her as a creature of Washington. Fischer's win gives the Republicans 51 Senate seats, putting them over the threshold needed for control of the chamber, NBC News projects. But it has been nearly 20 years since the state elected a Democrat to the Senate, and Republicans typically carry statewide races with ease. Fischer was elected to the Senate in 2012 in a resounding victory over Democratic former Sen. Bob Kerrey, who had also been governor.

Persons: Sen, Deb Fischer, Fischer, Dan Osborn, Donald Trump, Fischer's, Osborn, “ Deb Fischer, she’s, ” Trump, AdImpact, Bernie Sanders, Bob Kerrey Organizations: NBC News, Republican, GOP, NBC, Democrat, Senate, Labor, Washington Examiner, MSNBC, Democratic Locations: Nebraska, Washington

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