India gains as global investors reassess AI infrastructure exposure after US polls
Democrats have taken control of both chambers of Congress after sweeping midterm gains, setting up a legislative showdown with Trump as voters voice anger over the Iran war and rising living costs.
Democratic gains in Congress could reshape US policy on Iran, Ukraine, trade and AI regulation, with implications for allies, rivals and global markets.
Democrats must build credible policies
For equity markets, the political uncertainty comes at a time when US stocks are trading with considerable momentum, but financial conditions have tightened and energy prices remain elevated.
Democrats win control of both chambers of the US Congress in the 2026 midterm elections, dealing a setback to Donald Trump, as several key Republican-held seats fall to the opposition party
Trump cited newly declassified intelligence reports to allege vulnerabilities in US election infrastructure, renewing claims about election fraud and calling for sweeping voting reforms
The SAVE America Act became a flashpoint for Republican infighting last week when Trump said he would refuse to sign a bipartisan housing bill until the legislation passed Congress
Driven by a flood of Silicon Valley money, AI has emerged as one of the biggest financial forces in this year's US elections
The US Senate is likely to take up this week a bill that would require voters to submit a proof of citizenship to register to cast their votes in a federal election, a move described as the "number one priority" by President Donald Trump. The SAVE America Act also requires voters to furnish a photo identity card before exercising their franchise rights and seeks to limit mail-in ballots only for those who are disabled, ill, serving in the military, or are travelling. A fact-sheet on the White House website noted that India and Brazil have already linked voter identity cards to a biometric database, while the US relies on self-attestation for citizenship before being allowed to vote. "The Republicans MUST DO, with PASSION, and at the expense of everything else, THE SAVE AMERICA ACT - And not the watered down version. This is a Country Defining fight for the Soul of our Nation," Trump said in a post on social media last week. The Brennan Centre, a think-tank with offices here and in
Zohran Mamdani, 34, has scripted history as the first Muslim and among the youngest mayors of New York City, signalling a leftward shift in the city's political landscape
The authors end up arguing that things were not so fated, but reading what they have to report, I couldn't help feeling those political insiders had a point
Zohran Mamdani leads NYC Democratic mayoral primary with 43.5% votes, ahead of Andrew Cuomo's 36.3%, as final ranked-choice results await announcement on July 1
President Donald Trump's executive order seeking broad changes to how elections are run in the US is vast in scope and holds the potential to reorder the voting landscape across the country, even as it faces almost certain litigation. Trump wants to require voters to show proof that they are US citizens before they can register for federal elections, count only mail or absentee ballots received by Election Day, set new rules for voting equipment and prohibit non-US citizens from being able to donate in certain elections. A basic question underlying the sweeping actions he signed Tuesday: Can he do it, given that the Constitution gives wide leeway to the states to develop their own election procedures? Here are some of the main points of the executive order and questions it raises. Voters would need to provide citizenship documents to register Trump's order calls for the federal voter registration form to be amended so prospective voters must provide documentary proof of citizenshi
The United States has imposed sanctions on two groups linked to Iranian and Russian efforts to target American voters with disinformation ahead of this year's election. Treasury officials announced the sanctions Tuesday, alleging that the two organizations sought to stoke divisions among Americans before November's vote. US intelligence has accused both governments of spreading disinformation, including fake videos, news stories and social media posts, designed to manipulate voters and undermine trust in US elections. The governments of Iran and Russia have targeted our election processes and institutions and sought to divide the American people through targeted disinformation campaigns, Bradley T. Smith, Treasury's acting undersecretary for terrorism and financial intelligence, said in a statement. Authorities said the Russian group, the Moscow-based Center for Geopolitical Expertise, oversaw the creation, financing and dissemination of disinformation about American candidates, ...
US President-elect Donald Trump asked the Supreme Court on Friday to pause the potential TikTok ban from going into effect until his administration can pursue a political resolution to the issue. The request came as TikTok and the Biden administration filed opposing briefs to the court, in which the company argued the court should strike down a law that could ban the platform by Jan 19 while the government emphasised its position that the statute is needed to eliminate a national security risk. President Trump takes no position on the underlying merits of this dispute. Instead, he respectfully requests that the Court consider staying the Act's deadline for divestment of January 19, 2025, while it considers the merits of this case, said Trump's amicus brief, which supported neither party in the case and was written by D John Sauer, Trump's choice for solicitor general. The argument submitted to the court is the latest example of Trump inserting himself in national issues before he ..
Mr Musk, after spending more than $250 million on Trump's re-election, has signed on to help slash the federal budget as co-leader
In the days after the presidential election, Sadie Perez began carrying pepper spray with her around campus. Her mom also ordered her and her sister a self-defence kit that included keychain spikes, a hidden knife key and a personal alarm. It's a response to an emboldened fringe of right-wing manosphere influencers who have seized on Republican Donald Trump's presidential win to justify and amplify misogynistic derision and threats online. Many have appropriated a 1960s abortion rights rallying cry, declaring Your body, my choice at women online and on college campuses. For many women, the words represent a worrying harbinger of what might lie ahead as some men perceive the election results as a rebuke of reproductive rights and women's rights. The fact that I feel like I have to carry around pepper spray like this is sad, said Perez, a 19-year-old political science student in Wisconsin. Women want and deserve to feel safe. Isabelle Frances-Wright, director of technology and societ
Donald Trump's personnel choices for his new Cabinet and White House reflect his signature positions on immigration and trade but also a range of viewpoints and backgrounds that raise questions about what ideological anchors might guide his Oval Office encore. With a rapid assembly of his second administration faster than his effort eight years ago the former and incoming president has combined television personalities, former Democrats, a wrestling executive and traditional elected Republicans into a mix that makes clear his intentions to impose tariffs on imported goods and crack down on illegal immigration but leaves open a range of possibilities on other policy pursuits. The president has his two big priorities and doesn't feel as strongly about anything else so it's going to be a real jump ball and zigzag, predicted Marc Short, chief of staff to Vice President Mike Pence during Trump's 2017-21 term. In the first administration, he surrounded himself with more conservative ...
Donald Trump won a second term as President of the United States after securing 295 electoral votes in the 2024 presidential election, defeating Democratic rival Kamala Harris, who garnered 226 votes