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Key Conclusions From Trump GOP’s 2026 Midterm Election Wipeout
US voters handed Democrats control of Congress in midterm elections on Tuesday, delivering a stunning repudiation of President Donald Trump.
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Bloomberg Tech London Event: Looking Ahead to Balance of Power After US Midterms
The Bloomberg Tech event looked ahead to new balance of power in US
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California Elects Xavier Becerra as Its First Latino Governor in 150 Years
Veteran legislator Xavier Becerra will lead the world’s fourth-largest economy after a campaign light on big rallies and promises.
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Lagarde’s Early Exit Tests ECB’s Eight-Year Terms
Almost a third of Executive Board members haven’t finished their mandates.
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Wayfair Growth Hits Post-Pandemic High on US Market Share Gains
Wayfair Inc.’s revenue grew at the fastest pace since the pandemic-driven e-commerce boom, as the home furnishings retailer continued to boost its overall order numbers against a challenging consumer backdrop.
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McDonald’s US Slump Cushioned by Increase in Order Sizes
McDonald’s Corp.’s US sales fell less than feared in the third quarter as diners spent more per visit, offsetting a traffic decline.
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Midterms Aren’t Clearing Event Stock Market Needs, Barclays Says
Investors hoping the US midterm elections will clear the way for a year-end stock-market rally may be disappointed, as the biggest forces weighing on equities — questions about AI’s payoff and the cost of financing its buildout — won’t be…
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San Francisco’s BART Gets Lifeline as Voters Approve New Tax
The struggling public-transit system in the San Francisco Bay Area received a financial lifeline Tuesday, with voters passing a proposed sales tax to fund the region’s trains, buses and ferries.
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Israel Edges Toward Coalition Talks Even as Netanyahu Cries Foul
Israel paved the way for talks on a new government, certifying last week’s election results despite Prime Minister Benjamin Netanyahu’s continued claims about voting irregularities.
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Uber’s Ride-Hail Bookings, Trips Miss on Overseas Driver Crunch
Uber Technologies Inc. posted weaker-than-expected ride-hail bookings after it experienced driver supply constraints overseas, and blamed the ongoing tensions in the Middle East for a muted holiday outlook.
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Democrats Take Congress in Midterms Sweep as Voters Rebuke Trump
Here’s what you need to know to start your day: Morning Briefing Americas
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Circle Lays Off 5% of Workforce as Revenue, Profit Surprises
Circle Internet Group Inc. said it laid off approximately 5% of its workforce as part of a broader push to incorporate AI, while posting third-quarter revenue and earnings that exceeded analyst expectations.
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Swiss Parliament Floats UBS (UBS) Compromise to Cut $16 Billion Capital Demand
A new compromise proposal has emerged in the Swiss parliament in the debate over UBS Group AG’s future capital requirements, in the latest attempt to ease government demands that the lender says would make it uncompetitive.
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Midterm Affordability Message Bullish for Equities, Emanuel Says
Julian Emanuel, chief equity and quantitative strategist at Evercore ISI, calls the results of the US midterm election “accountability for the affordability crisis” and explains why he sees that as bullish for equities moving forward. He…
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Democrats Sweep House and Senate in Midterm Rebuke of Trump
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews…
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Trump Midterm Rout Was Protest Vote, Says Reid
Morris Reid, Partner at Actum and former official in the Clinton administration, describes the Democrat sweep of Congress in the US midterm elections as a "protest vote", saying it shows the American people were against President Trump but…
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Cyberattackers Drain Money From French Bank Credit Mutuel Arkea
Crédit Mutuel Arkéa said hackers stole money from it after gaining access to its computer systems, underscoring the growing cybersecurity risks for the banking sector.
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Delhi Chokes on ‘Very Poor’ Air After Cleanest October in Years
Thick smog cloaked Delhi Wednesday as the national capital’s winter pollution worsened a week ahead of the Diwali festival, when firecrackers typically intensify the haze.
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Palestine Action Urges UK Supreme Court to Overturn Terror Ban
The UK’s use of anti-terror powers to outlaw Palestine Action has led to the group’s total destruction, its lawyers said at the UK’s highest court in the latest attempt to overturn the ban.
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The AI Boom Has a Fertility Problem
The world’s advanced economies could be facing a slow-moving train wreck that they appear powerless to stop. We are no longer producing enough babies.
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Australia’s Construction Boom to Double Mining Peak, Lift Prices
Australia’s massive construction program is being amplified by a surge in new data centers that are fueling inflationary forces, according to Deloitte Access Economics, which reckons investment will be double the mining boom of more than a…
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CVS Plans to Break Up $117 Billion Healthcare Conglomerate
CVS Health Corp. plans to spin off its retail pharmacy business in one of the biggest-ever breakups in the healthcare industry, according to a company spokesperson.
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Democrats’ Midterm Wins Threaten to Slow the AI Data Center Boom
Investors facing new political and financial constraints
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European Defense Stocks Slide as Democrats’ Sweep Dents Optimism
European defense stocks slid as the Democrats’ landslide midterm-elections win dented expectations of a further ramp-up in US military spending.
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