Historically, US equities have performed strongly following midterm elections. The S&P 500 has gained an average of around 6 per cent over the subsequent 60 trading days, data shows.
A new book alleges that Jared Kushner used his White House influence to advance the UAE's regional interests while pursuing private financial gains, prompting calls for a congressional investigation.
A federal judge has thrown out President Donald Trump's multibillion-dollar lawsuit against The Wall Street Journal and media mogul Rupert Murdoch over a story reporting on his ties to wealthy financier Jeffrey Epstein. US District Judge Darrin Gayles in Miami dismissed the suit with prejudice on Saturday, ruling that the president did not prove the defendants made defamatory statements with actual malice. The ruling said the lawsuit was "grasping at straws" as it attempted to "manufacture" flaws in the Journal's investigative reporting. When a case is thrown out "with prejudice," it cannot be refiled again and the dismissal is permanent and incontrovertible. The lawsuit was over a story the Journal published last year describing a sexually suggestive letter that the paper said bore Trump's name and was included in a 2003 album compiled for Epstein's 50th birthday. The letter was reportedly collected by disgraced British socialite Ghislaine Maxwell as part of a birthday album for
The Trump administration's online accounts are circulating images of a pumpkin carved with a sombrero design and a fake Halloween-themed background around a Black man apparently accused of food assistance fraud, in social media posts slammed by critics as inflammatory rhetoric. Only days before the midterm elections, the posts coincide with the government's sweeping campaign to show its aggressive immigration enforcement, and highlight efforts to crack down on fraud to save taxpayers money when rising healthcare costs and other economic stressors have made affordability a top voter concern. Agriculture Secretary Brooke Rollins posted Saturday on the social platform X a photo of the Black man standing in front of stacks of what appear to be US currency with the headline, SNAP FRAUDSTER, an apparent reference to the Supplemental Nutrition Assistance Program, formerly known as food stamps. He is holding aloft what appears to be a bill set aflame. "Some costumes come with a price tag.
Federal prosecutors intensify a probe into Alaska's Senate race, while the Justice Department signals a likely Supreme Court appeal over California mail-in ballots ahead of Tuesday's midterm elections
Netanyahu has won only because he hasn't been defeated. He's also changed Israel fundamentally. Any ruling alliance now will have to be a coalition to the exclusion of Israel's Arab citizens
The US president said Washington was investigating whether North Korean hackers were behind the record cryptocurrency theft, as Binance said about $3 billion of the stolen assets had been frozen
The Pentagon is standing up a new industry group that aims to secure the data that feeds into military software being built for Golden Dome
A 2-1 ruling denied the administration's request to block disputed ballots from being counted until voters' citizenship status is verified ahead of the midterm elections
The federal government must pull three taxpayer-funded Trump administration ads from television and social media sites that appear to have been made for political or propaganda purposes, including one that trumpets the president's claim that every American will get USD 5,000 if Republicans keep control of the House and Senate in the midterm election, a judge has ruled. US District Judge Jennifer L. Rochon in New York sided with a coalition, including the nonpartisan watchdog Common Cause, in ordering the government to take down the advertisements entitled USD 5,000 to Americans," "Every Democrat Voted Against No Tax on Tips," and "Cost of Socialism." She said they must be taken off official government websites, including social media sites such as YouTube, Instagram, or other similar sites. She also ordered that any slots, placements, reservations, or arrangements for the airing or dissemination of the ads through authorised third parties, including by Trump's flagship super PAC MAGA
The US president said Washington had time on its side after seven months of fighting, claiming Iran was struggling to pay its soldiers and police personnel and remained keen on negotiations
Today's columns examine climate overshoot and AI's environmental costs, Netanyahu's electoral position in Israel, US midterm implications for oil prices and China's property crisis
Regardless of how the election goes, Mr Trump will have a window of two to three months to escalate tensions with Iran, a possibility for which India must be prepared
Indian investment commitments of over $330 billion in the US could boost outward FDI flows, potentially challenging Singapore's position as the top destination for Indian investments.
When Donald Trump was running for president two years ago, Americans' television screens were filled with images of migrant chaos. There were tent camps on both sides of the border, caravans of people trudging through Central America and concerns about newcomers overwhelming social services. That turmoil faded as President Joe Biden tightened immigration enforcement after Trump clamped down even more. Now any chaos is on American streets, where violent and even deadly clashes have defined a deportation campaign that's designed to fulfil hardliners' goals of uprooting anyone in the country illegally. The shift helps explain why Trump's effort to fulfil his promises has turned into a backlash, undermining one of the core issues that fueled his return to the White House. While Trump maintains some support for his handling of the border, polling shows voters disapprove of his approach to immigration, a striking turnaround that could undermine Republican attempts to maintain control of ..
Trump has stepped up rallies amid Republican concerns over losing Congress, while Obama has criticised the president and campaigned for Georgia Senator Jon Ossoff ahead of Tuesday's vote
Trump said he would consider helping form a unity government in Israel, as partial results showed Netanyahu's bloc ahead
The White House faces staff turnover and midterm anxiety as Trump tightens his inner circle, attacks critics, holds rambling rallies and consumes news clips and what one aide called "AI slop"
Judge David O. Carter denied the Justice Department's request to withhold disputed ballots pending citizenship checks, warning the move could disrupt the midterm elections
US President Donald Trump said a meeting involving Vladimir Putin and Volodymyr Zelenskyy could be arranged soon to end the Russia-Ukraine war, but gave no timeline.