Democrats swept into power last week as voters also embraced tougher criminal penalties and restrictions on bail. Why it matters: Six years after the George Floyd protests, Democrats won big without promising a return to sweeping 2020-era reforms. Some even adopted border-security rhetoric associated with Republicans. Democrats gained at least 12 state legislative chambers and won governorships in Georgia, Iowa, Nevada, Ohio and Texas. By the numbers: Voters approved all six statewide ballot measures Ballotpedia tracked that proposed tougher sentences, criminal penalties or bail restrictions in 2026. Five passed Nov. 3 in Indiana, Louisiana, Tennessee and Colorado. Alabama approved the sixth in May. Four expanded when courts could deny or restrict bail. Two increased penalties, including for fentanyl offenses and child sex trafficking. The shift: Some Democratic winners embraced tougher border-security language while opposing Trump's immigration crackdown. Texas Sen.-elect James Talarico called himself a "border security Democrat ," criticized former President Biden for failing to secure the border and said there needs to be comprehensive immigration reform. Michigan Sen.-elect Abdul El-Sayed , a progressive, said days before the election : "We needed tougher border security." He also criticized Trump's use of ICE. Zoom in: Colorado voters backed Democrats, tougher penalties and limits on federal immigration enforcement. That included electing Phil Weiser (D) as governor and approving tougher fentanyl penalties and life without parole for child sex trafficking. They rejected a measure requiring police to notify federal immigration authorities in certain cases involving violent crime suspects or people with prior felony convictions whose immigration status was unlawful or uncertain. Weiser and state Democrats are now weighing changes to the fentanyl measure, arguing it falls short on promised addiction treatment. Yes, but: Virginia voters approved automatically resto
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Data: FactSet; Chart: Matt Phillips/Axios The AI trade has regained momentum despite — or maybe because of — Nvidia's struggles following the weekend revelations from CEO Jensen Huang. The big picture: Monday's sudden burst of exuberance for AI was the latest wide swing for a market upended by last week's "blue tsunami" in the midterm elections and the threat they could pose to the data center boom. By the numbers: The Nasdaq 100 index of large-cap technology shares soared 3.4%, its biggest daily jump since late March and its second-best showing of the year. Zoom in: Stocks romped across the AI ecosystem — well, with one important exception. Pick-and-shovel plays such as engineering and construction companies, and makers of data center inputs like fiberoptic cables, servers and data storage devices soared. The companies that build and lease out data center computing power, known as neoclouds, also jumped. (Those companies had been at the epicenter of recent jitters about financing for the AI boom.) Hyperscalers rose, paced by Meta, which notched a gain of 5.1%. Semiconductors roared, with the SOX index posting its best gain — 6.9% — since late July. Yes, but: The glaring exception to the AI-palooza was its best-known player, Nvidia. Weekend revelations from CEO Jensen Huang — who acknowledged having an affair with a woman suspected of connections to Chinese intelligence — left investors grappling with uncertainty about the CEO's future. The intrigue: Some investors may see Nvidia's pain as potential gain for rivals. Broadcom jumped 8.8%, its best day in nearly a year. Advanced Micro Devices soared 13.3%, benefiting also from an upgrade to "Outperform" — effectively, a "buy" recommendation — from Oppenheimer analysts on Sunday. Context: Bullish commentary from Wall Street established the background music for Monday's big bounce, as analysts urged investors to buy into the market's recent soft patch. "We believe stocks are now clearly in oversold territory," Goldman S
President Claudia Sheinbaum drew a firm line barring U.S. forces from operating on Mexican soil. But in a northern border state, one local partner quietly helped the agency build a foothold.
After a bruising week for artificial intelligence stocks, CoreWeave Inc. faces a high bar to convince Wall Street that the AI trade is alive and well when it reports earnings after the bell.
Hasina fled to India in 2024 after mass uprising. She faces death penalty upon return Sheikh Hasina is “confident” she will return to Bangladesh in December, according to exiled members of her party, after the disgraced former prime minister of Bangladesh applied for a fresh passport this week. Hasina has been living in self-imposed exile since August 2024 when she was toppled from power by a mass uprising against her authoritarian rule. She fled over the border to India, where she has since been allowed to live freely in Delhi. Continue reading...
Errors in entry and exit records leave some Britons wrongly flagged as having overstayed post-Brexit 90-day limit EU sues IBM and two European firms over entry/exit border system The writer Jojo Moyes is facing a two-year EU travel ban and €10,000 (£8,300) fine because of glitches with the bloc’s digital security controls. She is one of a number of UK travellers who say their trips to the EU have not been properly recorded since the introduction of the EU digital entry and exit system (EES) . Continue reading...
The reported evacuation comes weeks after the US withdrew bombers from RAF Fairford over a suspected Iran-linked security incident The US military evacuated aircraft from a second airbase in Britain on Monday after a threat from Iran, the Wall Street Journal (WSJ) reported, citing people familiar with the matter, weeks after Washington withdrew its bombers from RAF Fairford airbase over a suspected Iran-linked security incident. Two US refuelling tankers that were using the RAF Mildenhall military base diverted to Germany earlier on Monday, while several other tankers at the base were moved to Germany and other locations later in the day, the WSJ report said. Continue reading...
The midterms exposed the vulnerability of Republican dominance in Florida.
Detroit Tigers shortstop Kevin McGonigle explained how he avoided the rookie wall after winning the American League Rookie of the Year Award on Monday. McGonigle played 156 games and made 707 plate appearances in his first major league season. He handled that workload while splitting time between shortstop and third base, adjusting to the demands […] The post Tigers shortstop Kevin McGonigle reveals how he avoided the rookie wall on the way to ROTY win appeared first on ClutchPoints.
The Supreme Court ruled that the Trump administration can resume building a border wall through the Big Bend region of West Texas. The post Supreme Court Lifts Order Blocking Trump’s Big Bend Border Wall appeared first on Breitbart .
The AI company is expected to set its valuation range this week, the Wall Street Journal reported.
While traveling through the airport, TSA may ask you to power up your phone. Border agents can conduct a more thorough search as well.
Ruling said law enacted by Congress reflects preference for border control over environmental and recreational harm The US supreme court has allowed Donald Trump to continue his administration’s construction of a border wall in Texas’s Big Bend region, including parts of Big Bend national park. In an unsigned, five-page ruling , the nation’s highest court granted the Trump administration’s emergency request to suspend a lower court order that had temporarily stopped the project last month. Continue reading...
AMC Global Media missed Wall Street analysts’ revenue forecast for the third quarter, with the total of $566.1 million inching up less than 1% from the prior-year period. Adjusted earnings of 44 cents per share, however, came in well ahead of expectations of a loss of 1 cent per share. Company executives were asked on […]
Lawsuit had sought to block border wall construction in national park by targeting waivers that sidestep protections.
The incoming Democratic chairman of the Senate Finance Committee signaled three major banks with ties to disgraced financier Jeffrey Epstein would be top investigative targets for the panel when his party takes control next year.
The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Citi Wealth Head of Portfolio Construction & Analytics Olaolu Aganga, Former Federal Reserve Governor Betsy Duke, Citigroup Managing Director Jason Bazinet, CVS Heath CEO & Chairman David Joyner, Morgan Stanley Head of Wealth Management Jed Finn, Bokeh Capital Partners Founder & CIO Kim Forrest, Seaport Research Partners Senior Analyst David Joyce, Gerber Kawasaki Wealth & Investment Management President & CEO Ross Gerber, Yale School of Management Lecturer of Management Practice Gautam Mukunda, & Dutch Bros CEO Christine Barone. (Source: Bloomberg)
Asian stocks were poised to track Wall Street higher as a rally in technology shares and a slump in oil prices drove US benchmarks to their best day in seven months.
The Trump administration filed an emergency relief request with the high court earlier in October asking for the construction to continue while a lawsuit over the plan moves forward.
"There is no such thing as a 'constitutional' major-questions claim."
AMC Global Media reported its third-quarter 2026 earnings Monday, revealing a major increase in content licensing sales and a restructuring charge of $2.1 million following the sale of its ALLBLK streaming service. Wall Street forecast a loss of earnings per share (EPS) of 1 cent on $584.9 million in revenue, according to analyst consensus data […]
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Vonnie Quinn, Scarlet Fu, Carol Massar and Tim Stenovec. (Source: Bloomberg)
‘compelling interests’
The probabilities make it almost certain that macro forecasts will be wrong far more often than right.
The quarterly results are the first since Lucid CEO Silvio Napoli, who started leading the company in June, announced a restructuring plan.
The Supreme Court lifted a federal injunction blocking Trump border wall construction in the Big Bend Sector, but environmental groups' lawsuit continues.
The Supreme Court handed the Trump administration a key win on its emergency docket on Monday by lifting a lower court’s block on border wall construction in the Big Bend region of Texas. U.S. District Judge Kathleen Cardone, an appointee of former President George W. Bush, had blocked three waivers issued by the Department of […]
'The Government’s interest therefore outweighs any aesthetic, recreational, and environmental harm alleged by respondents.'
A broad coalition of environmentalists, cattle ranchers, farmers, river boat guides, outdoor activists and church leaders had gone to court seeking to stop the construction.
The Supreme Court is allowing the Trump administration to resume border wall construction in the Big Bend region of Texas for now
The more than 500-mile stretch of road, cameras, vehicle barriers and sensors is planned in and around Big Bend National Park. It is one of the longest sections.
The Supreme Court is allowing border barrier construction to continue in and around Big Bend National Park in Texas, in a win for the Trump administration. The justices on Monday halted a lower court’s decision last month to pause the construction while the underlying case against it plays out. In a brief statement outlining its…
The administration had asked the court to permit construction of a border wall in southwestern Texas, including areas within a national park.
The Supreme Court agreed to lift a district court order that temporarily stopped construction of the border wall and other infrastructure in the Big Bend sector.
The Supreme Court allowed President Donald Trump to move forward with construction of his border wall in the remote Big Bend region of southwest Texas.
The US Supreme Court let construction on President Donald Trump’s border wall resume in Big Bend National Park in west Texas, overriding environmental objections and giving him a key victory on one of his signature projects.
Rob Arnott, chairman & founder of Syzygy Asset Management, joins Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ." A renewed wave of dip buying drove stocks toward their best day since April in the wake of a technology selloff that roiled Wall Street, with the market also gaining as oil prices fell. (Source: Bloomberg)
Anthropic PBC has unveiled new versions of its powerful Mythos and Fable artificial intelligence models, an effort to bolster the company’s position as a leader in AI development on the eve of its long-awaited Wall Street debut.
Shares of Nvidia slumped after Chief Executive Officer Jensen Huang admitted to having an extramarital affair with Alice Huang, a woman identified as a suspected Chinese spy. Wall Street experts react on Bloomberg Television. (Source: Bloomberg)
Yemeni forces claim fresh advances across key fronts as cross-border Houthi attacks surge amid heavy clashes.
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day than "Bloomberg Surveillance." (Source: Bloomberg)
The Chicago Bears have won four straight games and improved to 7-2 after a dramatic victory over the Tampa Bay Buccaneers . Their latest win also gave the team every reason to believe it can compete with the best in the NFL. Jeffery Simmons made that confidence clear after Sunday’s 27-24 thriller. The defensive tackle took to his X, formerly […] The post Jeffery Simmons’ hype post after Buccaneers thriller will have Bears fans ready to run through wall appeared first on ClutchPoints.
Anthropic makes a massive spending commitment and what Wall Street doesn't like about Apple's outlook. This is Ed Ludlow and "The Rundown" from Bloomberg Tech. (Source: Bloomberg)
A renewed wave of dip buying drove stocks toward their best day since April in the wake of a technology selloff that roiled Wall Street, with the market also gaining as oil prices fell. Lori Calvasina, Head of US Equity Strategy at RBC Capital Markets, discusses bearish sentiment in the markets and compressed equity valuations. (Source: Bloomberg)
NU was resilient with its backs against the wall, but also suffered the consequences of being there to begin with.
Rep. Henry Cuellar (D-TX) this week pressed back against the growing progressive push in his party to abolish or defund Immigration and Customs Enforcement. The Democratic lawmaker is known as a more centrist member of Congress and hails from a border district with swing tendencies. After securing a 12th term in Texas’s 28th Congressional District […]
Families arrive in Kenya with little food or shelter as host communities struggle to cope.
Three artists share their thoughts on the reunification of East and West Germany. How do they perceive a shared "we" and what gives them cause for optimism?
President Donald Trump said on Sunday his immigration policy hurt the Republican Party in the midterm elections, and pressed Democrats to make a bipartisan deal with the White House that could offer legal status to “good” illegal immigrants. Trump stood by his administration’s effort to seal the border and target violent illegal immigrants over the […]