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Did Iran just make Trump cry? How Republicans may have taken a direct war hit
US Midterm Election Results 2026: While inflation, tariffs, political dissatisfaction and other issues all may have contributed to the Republican setback, the Iran war brought together several of these concerns through higher energy prices, mounting public expenditure and questions about the administration's priorities.
In Mississippi, Scott Colom and Cindy Hyde-Smith are locked in an intense Senate battle. With nearly a million votes already cast, the counting continues. Colom, eyeing the historic chance to become Mississippi's first Black senator, is gaining traction in surprising areas. Meanwhile, Hyde-Smith remains optimistic despite the razor-thin margins. The final results could take time as they await the tally of all ballots, including absentee votes.
Black wattle has become a formidable invasive force in Hawaii, spreading rapidly beyond its initial planting zones into the island's treasured native ecosystems. This explosive growth is transforming open pastures into impenetrable thickets, effectively pushing out native plant species. With seeds that can lie dormant for extended periods, the challenge of management and restoration is heightened.
Alaska midterm election results: Is Nick Begich III winning? When will final results be declared?
As the counting progresses for the US House of Representatives midterm election in Alaska, Republican Nick Begich III is currently in the lead with nearly half of the votes accounted for. Independent candidate Bill Hill trails behind and will need a substantial number of remaining ballots to narrow the gap. If no candidate garners over 50% of first-choice votes, ranked-choice voting will be implemented.
The Trump era meets a midterm reality check
The state of Florida creatively utilized retired M60 tanks by turning them into artificial reefs for marine habitats. This innovative initiative began in 1994 and involved extensive preparation before deploying the tanks underwater. Marine life benefits from these structures, which provide stability and protection as they develop ecosystems over time. Inspections revealed that the tanks remained in their original locations, enhancing local biodiversity.
Researchers at MIT have developed innovative microneedles capable of delivering melatonin directly into vegetables post-harvest, drastically prolonging their freshness. For instance, lab studies revealed that treated pak choy stayed fresh for an additional four days at room temperature, even without refrigeration. This breakthrough allows melatonin to enter the plants vascular system, activating its natural defenses, thereby reducing decay rates compared to untreated produce.
From Mr Veto to well work together: Trumps messages after US Midterm setback
Silver prices surged over 4% to reclaim the $51/oz mark after Democrats secured a victory in the US midterm elections, weakening the dollar and Treasury yields. However, HSBC expects further gains to be limited as silver trades close to levels justified by fundamentals. Industrial and jewellery demand may weaken, while institutional buying and supply constraints could offer support.
Recent elections saw a substantial surge for Democrats in both Senate and House races, marking a critical shift in political dynamics. Noteworthy victories included the election of the first openly gay senator and two historic figures: the states first female and Muslim senators. Additionally, Kansas made headlines by electing a Democratic senator for the first time in nearly a century, reflecting changing voter sentiment across the country.
'Ohio's best days are ahead': Vivek Ramaswamy concedes defeat, congratulates governor-elect Acton
Will Republicans learn from this defeat?
A healthy Republican Party would respond to this historic midterm-election repudiation of President Donald Trump with contrition and honest introspection. Its leaders would plot a fresh path forward and shed the elements of a White House agenda that drove American voters to hand control of the House of Representatives and US Senate to a Democratic Party they dont even approve of all that much.Reduced to a rump in Congress and its governing coalition gutted to the bone just in time for 2028 that Republican Party would assemble a more durable confederation of voters that doesnt rise and fall on the whims of a narcissistic albeit once-in-a-generation political talent.But Republicans and their exalted leader arent the picture of political health.Those within the party most likely to confront reality and take on the difficult work of rebuilding the GOP were cut down in ruby-red House districts, Senate seats and governors mansions that have simply not elected Democrats. The only Republicans left standing were insulated by gerrymandered districts, their constituents stubborn support for Trump or a combination of the two. The partys short-sighted motivation will be to follow the presidents defiant lead and resist the new Democratic majorities attempts to neuter the commander-in-chief.And so the partys future, immediate and otherwise, is in Trumps hands, and most elected officials would still take their cues from the White House.As the shocking returns flowed in showing defeats in Senate contests in Iowa, Kansas, Ohio, South Carolina and Texas (Texas!), some veteran party insiders I spoke with disagreed with my assessment and argued that battered congressional Republicans would be chastened, distance themselves from Trump and finally end blind support for his agenda on Capitol Hill. Some Republican operatives even speculated that Vice President JD Vance would be forced to abandon any plans he might have to seek the White House, to say nothing of aspiring Cabinet members.Im not a gambler. But if I were, I wouldnt risk a nickel on that bet. The siren song of the presidents loyal, Make American Great Again (MAGA) populist base will be hard for the partys 2028 contenders to resist and thats if a major effort materializes to wean the party off of Trump.This isnt the first time the president has led his party into a ditch, only to recover like Lazarus because he refused to concede failure. That kind of obstinance inspires grassroots conservatives who see a fighter rather than a shirker. I wasnt on the ballot and if I was, we would have won IN A LANDSLIDE! Trump said in a Truth Social post on election night. Meanwhile, GOP strategists told me with a high degree of confidence that Democrats will overplay their hand just like Republicans did causing voters to turn back to Trump and the GOP just in time for a presidential campaign now unexpectedly ripe with opportunity.The claim that Democrats will overreach and offer Republicans a chance to revive their political standing is not unreasonable; the US has seen both political parties misinterpret an election backlash. The Democrats did so following back-to-back blue waves in 2006 and 2008. Two years later in 2010, a red wave gained the GOP 63 House districts and seven Senate seats during President Barack Obamas first midterm election. The Republicans committed the same faux pas during Trumps first presidency, which fueled a blue wave-flip of 41 House districts in the 2018 midterm election.No doubt, if Democrats dive head first into impeaching Trump and legislate on culture-war issues after the new Congress is seated in January, voters will sour on them rather quickly. But I wonder if Republicans have digested the breadth of the destruction the 45th and 47th president left in his wake this week an apocalyptic political disaster that, as polling analyst Sean Trende points out, hasnt been seen since 1974, in the aftermath of the Watergate scandal that left the GOP on life support.Republicans didnt just lose a Senate seat in Kansas for the first time in nearly a century. The Democrats were possibly poised to win a Senate seat in Mississippi for the first time since 1982. The GOP lost states, districts and other offices that Trump and his GOP predecessors have been carrying by double digits going back years, if not decades. That outcome demands a wholesale reevaluation of American politics and the blue-state, red-state paradigm the US has lived under for a quarter century.Trump doesnt seem much interested in doing so. And if past is prologue, that means Republicans wont be either. They might need to lose some more, first.
During the recent midterm elections, abortion-rights supporters marked significant achievements in both Missouri and Virginia, highlighting shifts in voter attitudes. Concurrently, President Donald Trump's redistricting strategies faced backlash in several states. In Florida, an amendment was adopted that offers critical property tax relief to homeowners. Meanwhile, Nebraska solidified transgender medical limitations in its constitution, demonstrating active citizen participation in legislative decisions.
Glittering Prospects: Why Gold is the ultimate sweet spot this Dhanteras
Gold is trading over 20% below its peak ahead of Dhanteras, offering long-term investors a potential staggered buying opportunity. Central-bank demand, ETF inflows and rupee weakness could support prices, with analysts projecting returns of 1520% by next Dhanteras.
In the recent midterm elections, candidates endorsed by Donald Trump faced significant defeats in key races across several states. Voters in South Carolina, North Carolina, and Texas chose Democratic candidates over Trump-backed options. As a result, Democrats gained control of the Senate, highlighting Trump's declining influence among the electorate.
US midterms 2026: What motivated voters? Poll points to economy, democracy, Trump backlash
Voter decisions in the 2026 US midterm elections were heavily shaped by economic issues and concerns about democracy. A significant proportion of voters expressed disapproval of President Trump, despite his absence from the ballot. Young and Hispanic voters increasingly supported Democratic candidates compared to the previous election. Many voters wanted Congress to exert more oversight on presidential power.
Red brick wall reduced to a pile of bricks: Schumer on how Dems flipped Congress in the midterms
Ohio's best days are ahead: Republican concedes defeat, congratulates governor-elect Dr Acton
Abdul El-Sayed has emerged victorious in the contentious Michigan Senate race, winning against Republican Mike Rogers by garnering 51.8% of the votes. This historic win not only strengthens Democratic power in the Senate but also makes El-Sayed the first Muslim elected to the position. With endorsements from influential progressives, his campaign has faced scrutiny over accusations of antisemitism and Islamophobia, amidst critical budgetary concerns that highlighted the election's stakes.
US midterm election results: What Trump & Republicans' loss means for India
US midterms result: Indian industry and economy watchers were keenly looking at the polls to try and find out what direction US policy will take. In recent months, India's trade/export fortunes have swayed in lockstep with Trump's tantrums, making policymakers jittery over any new development in the US.
Gold and silver prices correct ahead of Diwali: Buying opportunity or a trap?
Gold and silver have corrected sharply from record highs, but their long-term fundamentals remain supportive. Investors with a longer horizon may consider staggered accumulation, with gold and silver potentially recovering toward $4,750 and $75, respectively, by Diwali 2027.
Black, Native American, LGBTQ+: US midterm elections 2026 rewrite history
The 2026 US midterm elections produced several historic milestones with diverse leaders being elected across the country. Georgia elected its first Black woman governor, while New Mexico elected its first Native American woman governor. Chris Pappas in New Hampshire became the first openly gay man elected to the US Senate. Additionally, many women participated in the elections, setting record numbers in gubernatorial and congressional races.
'Will take back the house, finish the job': Mike Johnson vows GOP comeback after midterm losses
Democrat Josh Turek defeats Republican Ashley Hinson in Iowa, flips key Senate seat
Josh Turek won Iowa's open US Senate race against Republican Ashley Hinson, flipping the seat to Democrats. This victory marks the first Democratic win in Iowa since Barack Obama's election in 2012. Turek, a state representative and former Paralympian, campaigned on bipartisan cooperation while criticizing Hinson's alignment with Donald Trump. The race drew significant campaign spending as both parties aimed for Senate control.
Public universities in Bangladesh are reportedly expelling academics and students with alleged ties to the Awami League party. Human Rights Watch reported that hundreds of students have faced significant educational barriers, including expulsion and certificate withholding. Several professors stated that they cannot perform their teaching and research duties for fear of retribution. Allegations of involvement in violence were made against numerous students, yet many deny these claims.
'Power of Veto': Trump holds out 'Veto' warning to Democrats as they take control of Congress
US President Donald Trump has warned that he will use his veto power to block legislation passed by a Democrat-controlled Congress after the party secured major gains in the midterm elections, flipping both the House of Representatives and the Senate.
Sherrod Brown flips Senate seat in Ohio for Democrats by ousting Sen. Jon Husted
Sherrod Brown claimed a notable win against Jon Husted in Ohio's Senate election, spotlighting a change in Democratic fortunes in a historically red state. Despite President Trump's backing, Husted failed to attract significant voter turnout. Brown's connection with rural and working-class communities highlighted his political legacy, suggesting that Democrats will need to adapt their campaign strategies moving forward in Ohio.
US midterm elections 2026: Democrat Troy Jackson defeats Susan Collins in Maine Senate race
Democrat Troy Jackson achieved a significant victory in the midterm elections by winning a Senate seat in Maine. He defeated incumbent Republican Senator Susan Collins, who conceded on Tuesday after a competitive race. Jackson highlighted his working-class background and advocated for universal healthcare during his campaign. Economic challenges, including rising fuel costs, greatly influenced voter sentiment in Maine this year.
Israel elections 2026 winner: Who is winning the polls and when will final results be announced?
Israel elections results: Israeli Prime Minister Benjamin Netanyahu lost his coalition majority after the recent elections, creating uncertainty for government formation. Other political factions also failed to gain a majority, complicating the situation further. President Isaac Herzog will consult party leaders before selecting a candidate to form a government by November 11. If unsuccessful, another election may occur after 100 days.
Donald Trump recognized the influence of the Iran war on Republican performance in the recent midterm elections. He acknowledged that voters were likely concerned about rising gasoline prices due to the conflict with Iran. While open to working with Democrats on immigration, Trump expressed intentions to veto any proposals he found unacceptable. He stated he does not anticipate changes within his cabinet following the electoral results.
Vivek Ramaswamy beaten at US midterms: Decoding a Republican firebrand's high-decibel fall
Vivek Ramaswamy defeat: Democrat Amy Acton beat Ramaswamy, whose campaign -- backed by Donald Trump and big funding --failed to connect with voters worried about living costs. A controversial advertisement -- which drew sharp criticism from across the political spectrum -- may have backfired too.
US Midterm Elections 2026: Winners' powerful messages as Democrats & Republicans celebrate victories
Donald Trump announced his intention to become a political pundit to analyze the 2026 midterm elections. This decision follows significant gains made by Democrats, who regained control of the House of Representatives. The results represent a notable setback for Trump and the Republicans during the elections. Voter dissatisfaction over the economy and various issues contributed to these outcomes.
Virat Kohli celebrates his birthday on November 5th while competing in the ODI series against New Zealand. His stunning residence in Gurgaons DLF Phase 1 is valued at approximately 80 crores. Spanning over 10,000 square feet, this modern bungalow features luxurious interiors, a swimming pool, expansive glass windows, and beautifully landscaped outdoor areas, providing both comfort and privacy for the cricket star.
Delhi Police has taken action against advocate Prashant Bhushan by filing an FIR for sharing a deceptive video purportedly from Sergey Lavrov, which harshly critiques India's oil imports from Russia. Confirmations from the Ministry of External Affairs and the Russian Embassy reveal the video is misleading. Concerns are rising that this could jeopardize India-Russia relations, with suggestions of involvement from Pakistani entities, as the SCO Civilisational Dialogue in Delhi approaches.
From the White House to Capitol Hill, Donald Trump faces a new balance of power
Democrats gained control of both the House and Senate in the 2026 midterm elections. The shift reflects voter dissatisfaction with issues such as high prices, the economy, and the war in Iran. Trump's administration will now face increased scrutiny and potential investigations from the Democratic-controlled Congress. Although Trump retains veto power, his legislative priorities may now be more difficult to achieve.
Pramila Jayapal, the Indian-American Democrat, secures her re-election in Washington's 7th Congressional District with a commanding 87.5 per cent of the vote. A prominent advocate for immigration reform and healthcare, Jayapal's journey from immigrant rights activist to Congress showcases her commitment to progressive issues. Read about her impact on immigration policies and her wide-ranging legislative focus beyond just her district.
'Failed lame-duck president...': Democrat Jon Ossoff mocks Trump after senate victory in Georgia
Voters deliver embarrassing rebuke to Trump by flipping four GOP-held Senate seats
Voters delivered significant losses to Donald Trump's endorsed candidates in the midterm elections, flipping four Senate seats. This outcome raises concerns for Republican control in Congress and could invite Democratic investigations. Trump's emphasis on his political influence backfired, as voters largely blamed his economic policies for unfavorable conditions. The election results also hinted at a changing political landscape leading to the 2028 presidential campaign.
Democrats poised to take Senate, House as voters deliver rebuke to Trump in historic midterms route
Democrats achieved significant victories in the latest midterm elections, gaining control of the Senate and making House gains. A series of unexpected wins in traditionally Republican states highlighted voter frustration over high prices and political direction. Several incumbent Republicans were defeated, including those backed by President Donald Trump. Economic concerns dominated voters' minds, creating dissatisfaction with both parties. These results may influence future political dynamics and presidential candidate considerations.
Democrat David Crowley declares victory in Wisconsin governor's race over Trump ally
David Crowley has declared victory in the Wisconsin governor's race while Tom Tiffany conceded defeat on Tuesday. Crowley would become the first Black governor in Wisconsin's history and the first Democrat in over eight years. He previously served as Milwaukee County executive and was encouraged to re-enter the race by retiring Governor Tony Evers. Tiffany, backed by significant billionaire support, faced challenges from Crowley's campaign focused on economic issues.
David Crowley makes history as Wisconsin's first Black governor, winning crucial Democratic race
David Crowley has declared victory in the Wisconsin governor's race while Tom Tiffany conceded defeat on Tuesday. Crowley would become the first Black governor in Wisconsin's history and the first Democrat in over eight years. He previously served as Milwaukee County executive and was encouraged to re-enter the race by retiring Governor Tony Evers. Tiffany, backed by significant billionaire support, faced challenges from Crowley's campaign focused on economic issues.
Democrats made significant gains in the 2026 US midterm elections, winning key races in Ohio, Texas, and South Carolina. Amy Acton defeated Vivek Ramaswamy in Ohio, while James Talarico secured the Senate seat in Texas. Annie Andrews' victory in South Carolina ended years of Republican dominance in the state. Additionally, Democrats flipped a Senate seat in North Carolina and held on in Georgia.
Gina Hinojosa has been elected as Texas' first Democratic governor in over three decades. She won against incumbent Greg Abbott, marking a significant shift in Texas politics. Hinojosa emphasized populist issues and distanced herself from the progressive label during her campaign. Her victory signals potential changes in policy direction, with Democrats gaining a veto power. The outcome reflects broader trends impacting Republican strength in Texas.
Adam Hamilton achieved a historic victory in Kansas, becoming the first Democrat elected to the US Senate in 94 years. He defeated Trump-backed Republican Roger Marshall in a contest initially deemed safely Republican. Hamilton, who emphasizes affordability and bipartisanship, campaigned effectively amidst a changing political landscape. The race gained attention from notable figures, including Donald Trump and Vice President JD Vance.
Gig workers may get social security benefits through 2% transaction levy on businesses
The government is considering implementing a 2% transaction-based levy on aggregators to support social security for gig workers. This levy will fund benefits such as insurance, health, and maternity support for over 12 million workers. There is a consensus that this approach ensures fairness among different types of aggregators. The new scheme is expected to be launched in 2027, requiring gig workers to meet specific work criteria.
Iran says tankers destroyed after hitting mines in Hormuz
Amid ongoing U.S.-Iran tensions, a fiery incident involving four oil tankers took place as they struck naval mines in the Strait of Hormuz, with claims from Iran's Islamic Revolutionary Guards Corps that two other vessels were disrupted. These events follow military strikes that have deepened the impasse, with Iran asserting its control of this crucial shipping route and readiness for conflict.
Democrat James Talarico has defeated Republican Ken Paxton in the 2026 US midterm elections to win a Senate seat representing Texas. His victory marks a major political shift in a state long dominated by Republicans. It is also the first time since 1988 that Texas has elected a Democrat to the US Senate, boosting the party's efforts to regain control of the upper house of Congress.
In the domestic market, MCX silver futures for December 2026 delivery were down by Rs 2,000 to Rs 1,77,784 per kg. Gold futures for December 2026 delivery fell marginally to Rs 1,30,300 per 10 grams.
'Tonight we celebrate, tomorrow we work': Republican Byron Donalds sets sights on Florida's future
Midterm Elections 2026: Dems flip North Carolina Senate seat as Cooper defeats Trump-picked Whatley
Trump says he will accept midterm results, work with Democrats as GOP faces setbacks
Donald Trump has stated he would accept the results of the midterm elections and collaborate with Democrats. He believes the Republican party's difficulties arise from his not being on the ballot. Various media outlets indicate that Democrats are likely to gain control of the House of Representatives. In his social media post, Trump claimed Republicans would have won significantly had he run for office.
Annie Andrews won a significant election, marking the first time a Democrat secured a Senate seat in South Carolina since 1998. Her victory came after defeating interim Senator Darline Graham, who had limited political experience. Andrews successfully campaigned against a backdrop of national discontent towards the Republican Party and its leadership.
Donald Trump suggested that Republicans would have achieved a landslide victory in the midterm elections. He made this claim after the Democrats gained significant seats in Congress. Four Republican-held House seats flipped to Democratic control, aiding their efforts in the House. Election outcomes remained uncertain for the Senate, with key victories for Democrats in Georgia and North Carolina.
US midterm elections 2026: Democrats or Republicans, who will win? Heres what the projections show
The midterm elections have brought surprising news, with projections suggesting that Democrats will take control of the US House of Representatives. Major outlets, including CBS and NBC, report Democratic leads in crucial contests. Remarkably, in traditionally Republican areas like Texas and Kansas, the party is seeing substantial gains. This potential shift in the balance of power will be enacted on January 3, after all votes are tallied.
US midterm election 2026 results: Brooks, president of a Pennsylvania firefighters union, defeated Mackenzie in Tuesday's midterm elections, according to US media reports.
False fraud claims cloud US midterms as isolated voting glitches fuel conspiracy theories
Voting irregularities were reported across various locations during the midterm elections. In Westchester County, New York, a ballot-scanning malfunction led to false claims of cheating by Democrats. Additionally, some voters in Fulton County, Georgia, received misleading texts about polling changes. While rumors surfaced about an FBI raid uncovering fraudulent ballots, the FBI denied these claims as false.
How key demographic groups voted in the 2026 midterms, according to The AP Voter Poll
Republican candidates faced challenges in the midterm elections, losing ground among young and Hispanic voters. Many young voters cast their ballots to express opposition to Trump, signaling a shift. Economic concerns and government corruption emerged as pivotal issues affecting voters' decisions. Voters expressed dissatisfaction with both Trump and Congress, emphasizing the need for checks and balances.
In this edition of ETMarkets Smart Talk, we speak with Tapan Patel, Fund Manager Commodities at Tata Asset Management, who shares his outlook on gold, silver, copper and crude oil, explains the changing dynamics driving commodity prices, and suggests a 50:30:20 allocation to gold, copper and silver, respectively, for investors looking to build a commodity portfolio for the long term.
Democrats score Georgia governor's win as Trump unpopularity reshapes midterm contests
Democrats captured Georgia's governor's office for the first time since 1998 in the midterm elections. Keisha Lance Bottoms defeated Republican Rich Jackson, marking a historic win. Meanwhile, Republicans retained their hold in Florida as Byron Donalds won the gubernatorial race. Other closely watched contests were reported in Texas and Ohio, with vote counting still ongoing. The outcomes of these elections could significantly impact future political dynamics in the United States.
US Midterms: CBS projects blue wave hitting Texas, Dems lead gubernatorial, Senate races
Democrats are making waves in Texas with early leads in both the gubernatorial and Senate races. In the gubernatorial matchup, Gina Hinojosa has gained 57.2 percent of the votes against Greg Abbott, and Senate candidate James Talarico is ahead with 59.4 percent against Ken Paxton. These gains suggest a potential political shift in a state long-held by Republicans, paralleling trends seen in Kansas.
US Midterm Results 2026: Democrats set to take control of House, DDHQ projects
Democrats are projected to take over the US House of Representatives after the midterm elections. Republicans faced challenges due to President Trump's declining approval ratings and voter dissatisfaction. This shift in control will alter the balance of power in Washington significantly. While Republicans will retain the White House, legislative advancements by Democrats may be obstructed by Trump's vetoes.
In a groundbreaking election, Keisha Lance Bottoms emerged as Georgias first Black woman governor, defeating her Republican opponent Rick Jackson. Throughout her campaign, Bottoms promised to enhance economic opportunities and broaden healthcare coverage for residents. Despite limited campaign funds, she championed issues important to Georgians. After the results, Jackson graciously conceded, underscoring a transformative moment in Georgia's political landscape as urban areas gain influence.
US midterm elections: False accusations and unverified claims quickly spread about voting
Rumors of voting irregularities clouded Election Day, especially in Westchester County, New York, where malfunctioning ballot scanners raised suspicions of fraud. In Fulton County, Georgia, erroneous text messages misled voters about polling site changes, causing chaos. A Minnesota poll worker faced backlash for a T-shirt with no political intention. NBC News reiterated its commitment to responsible reporting, ensuring no election results were declared prematurely.
Indian-American Democrats Suhas Subramanyam and Aruna Miller were projected to win their re-elections in the midterm elections. Meanwhile, Pia Dandiya led a close race in Florida's 22nd Congressional District against Casey Askar. In Ohio, Democrat Amy Acton was ahead of Republican Vivek Ramaswamy in the gubernatorial contest. Additionally, Democratic Senator Ed Markey was projected to win re-election in Massachusetts.
This midterm election is notable for the historically diverse slate of candidates running for office. Several candidates could achieve significant milestones, including the first Native American female governor and Muslim U.S. senator. Additionally, the election could see the first Black female governor and the first openly gay male senator from New Hampshire. Voters' rights advocates celebrate the expanding electorate reflecting the nation's diversity.
US President Trump's unpopularity appears to have impacted the Republican Party's performance in the recent midterm elections. Nationwide trends show many voters expressing dissatisfaction with Trump's leadership and policies. Discontent is particularly pronounced among young voters, many of whom shifted towards Democratic candidates. The outcome of the elections may significantly influence control of Congress and state governorships. Voter sentiment indicates a desire for change, challenging Trump's political coalition in crucial battlegrounds.
Gold price prediction: Will gold bounce back on Wednesday? Check outlook for November 4
On the MCX, gold prices ended flat, while silver gained momentum to close higher. As for international prices, spot gold dipped 0.3% to $3,948.75 per ounce, while US gold futures for December delivery gained 0.1% to $3,943.20. Spot silver fell 0.2% to $49.67 per ounce.
Crude oil price : Oil prices experienced a slight dip on Wednesday as traders kept a close eye on the US midterm elections. Brent crude futures fell to $103.21 per barrel, with US WTI crude also seeing a decrease to $95.42. Despite an unexpected drop in US crude inventories, the unpredictable situation in the Middle East continues to influence market sentiments.
2026 us election results: Midterm elections were held recently, influencing the control of Congress for President Donald Trump's remaining term. Republicans faced notable declines among Black men, Latinos, and young voters, according to early exit poll data. The House currently has a slight Republican majority, while the Senate is 53-47 in favor of Republicans. Democrats needed a net gain of four seats to gain Senate control.
Gold firms on softer oil prices, US midterm results awaited
Gold prices experienced a modest uptick in early Asian markets, spurred by a decline in oil prices that has helped ease inflationary concerns. This shift is shaping investor expectations around potential actions from the Federal Reserve. Attention is also focused on the US midterm election outcomes, which could influence market volatility, while India's gold demand faces a projected six-year low amidst high prices affecting sales.
Democrats press to win a majority of governors' offices in midterms after power struggles with Trump
Votes were counted in key gubernatorial races during the midterm elections across several states. Democrats attempted to gain a majority of gubernatorial offices, a goal not achieved in years. Competitive contests took place in various states, reflecting voter discontent over multiple issues. Notable races included those in Texas, Ohio, Georgia, and Iowa, where incumbent governors faced challenges. The outcomes could significantly influence future election administration and political dynamics.
Democrat Roy Cooper defeats Trump-backed Michael Whatley in North Carolina Senate race
Roy Cooper has successfully triumphed over Michael Whatley in the recent North Carolina US Senate race. This victory is significant for the Democrats in their pursuit of Senate control. Cooper's campaign addressed crucial issues like rising food and energy costs. Whatley, endorsed by Donald Trump, had previously held no elected office. Coopers strong popularity among independent voters was pivotal in securing his lead during the election.
Democrats achieved a significant victory by flipping a Senate seat in North Carolina during the midterm elections. The results indicate a potential shift in power in Congress as Democrats target more Republican-held seats. Voter dissatisfaction with the economy and government issues is evident, impacting turnout rates for both parties. Significant elections in various states signify the urgency of control over Congress.
Chris Pappas holds New Hampshire US Senate seat for Democrats
Democrat Chris Pappas has won the open US Senate seat in New Hampshire by defeating Republican John Sununu. He will take over from retiring Democrat Jeanne Shaheen, who served for 18 years. Pappas attributed high energy prices to President Trump's policies and blamed fellow Republicans for the conflict with Iran. Republicans aimed to retain their Senate majority, targeting New Hampshire as a key state.
Democratic Senator Jon Ossoff won a second term in Georgia, defeating Republican Representative Mike Collins and retaining a key seat for his party. The 39-year-old, the youngest member of the Senate, ran an aggressive campaign against President Donald Trump and raised more than $100 million.
US Midterm Elections 2026: Democrats take early Senate victory as polls close
Democrats gained an early boost in their bid to regain control of the US Senate, with Senator Jon Ossoff projected to win re-election in Georgia, according to the Associated Press and other media outlets. His victory would help the party's chances of taking control of the chamber.
Trump rages at Fox News as US midterms voting wraps
US President Trump reacted negatively to Fox News during the midterm election results at the White House. He criticized the channel for its ratings decline and claimed they were not loyal to him. Trump made several posts on his Truth Social network, expressing his dissatisfaction with a poll and specific hosts. Despite his efforts, polls indicated Democrats may gain control of Congress due to voter dissatisfaction.
US midterm exit polls showed widespread voter dissatisfaction with President Donald Trump, with two-thirds blaming him for high prices and nearly 90% saying the cost of living was a major factor in their vote.
Wasserman Schultz's move to a new congressional district paid off as she won a 12th term in office. The first Jewish woman elected to Congress from Florida, she previously served in the state's House and Senate before entering federal politics.
US midterm elections: Democrats 'on the verge' of taking back House majority, says Hakeem Jeffries
Democratic leader Hakeem Jeffries expressed optimism about winning control of the House during midterm elections. Voting took place on November 3, with significant implications for Congress's power dynamics. Jeffries noted strong early vote numbers across various states indicating potential gains. President Trump, facing low approval ratings, dismissed concerns about a Democratic majority. Polling station closures marked significant moments in this critical electoral night.
As the 2026 midterm elections unfolded, polls in numerous US states closed with intense focus on key Senate and gubernatorial races. Ohio's contest sees Republican Vivek Ramaswamy and Democrat Amy Acton in a neck-and-neck battle. In Georgia, Democratic Senator Jon Ossoff and Republican Mike Collins engage in a fierce duel, complemented by a dynamic matchup in South Carolina where Democrat Annie Andrews stands against Republican Senator Darline Graham.
US Midterm Elections 2026: Democrat Mark Warner wins reelection to Senate from Virginia
Democratic incumbent Mark Warner won a fourth term in the US Senate, defeating Republican Bert Mizusawa, a retired Army major general and Afghanistan war veteran. The Associated Press called the race for Warner at 7 pm EST on Tuesday.
NYC election results: Kathy Hochul seeks re-election, facing off against Republican Bruce Blakeman in the New York gubernatorial race. With a significant 14-point lead in recent polls amongst likely voters, Hochul's victory isn't guaranteed yet, as vote counting has not commenced. Blakeman's campaign highlights affordability and taxation, while Hochul aims to deliver economic relief, attributing rising costs to the prior administration's policies.
US President Donald Trumps approval rating stood at 38%, the lowest for an incumbent president during a midterm election, according to a CBS News exit poll. Around three-quarters of voters were dissatisfied with the direction of the country, while more Americans viewed the economy negatively than two years ago. Most also believed the US was wrong to take military action in Iran.
Blue Eye Samurai will be released on Netflix on January 19, 2027. This is more than three years after the first season was released in November 2023. Mizu will go on a journey to London, while Akemi and Taigen deal with events in Edo Castle in the second season of the show. Ringo will also look for something new in his life.
US midterms: First polls close in Indiana, Kentucky
'Tesla misled South Korean customers'
Tesla has misled tens of thousands of South Korean customers by marketing driver-assistance software that the company knows cannot be legally used in most of its vehicles in the country, according to a complaint an advocacy group plans to file with a consumer protection agency on Thursday.Tesla has marketed Full Self-Driving (Supervised) software to prospective buyers in South Korea for years, often collecting lump-sum payments of 9.043 million won ($6,726).FSD can be used on about 20% of Tesla vehicles registered in South Korea - those manufactured in the US, Tesla Korea country manager Seo Young-deuk said in parliamentary testimony last month. Those cars meet US vehicle-safety standards that South Korea recognizes as part of a free trade agreement, according to the forthcoming complaint to the Korea Fair Trade Commission (KFTC), seen by Reuters.The complaint to the regulator, which also handles antitrust, has not been previously reported.Most Tesla vehicles in South Korea, however, are manufactured in China, where no such agreement exists. Tesla only recently started the process for obtaining FSD certification for China-made vehicles, despite charging customers for the software for more than three years.SOUTH KOREAN TRADE COMMISSION INVESTIGATINGIt is unclear how many South Korean customers purchased FSD subscriptions on ineligible vehicles, but Tesla has sold more than 170,000 Shanghai-produced vehicles in South Korea since 2023, according to Tesla data sent to South Korea's National Assembly.Tesla generated substantial revenue by selling an expensive driver-assistance system to mass-market buyers who cannot use it for even a single day, said Choi Young-suk, who leads automotive issues at the advocacy group Citizens United for Consumer Sovereignty.Tesla did not respond to requests for comment. A KFTC official said the agency launched a probe earlier this year into Tesla's advertising of its FSD system and has received written responses from the company, but declined to provide further details.Tesla continued to market FSD as sales of ineligible China-manufactured Teslas surged in South Korea in recent years. Sales of FSD-incompatible Teslas made in China grew more than fivefold in South Korea from 2023 through last year, when 99% of new Teslas sold in South Korea could not legally use FSD, according to data Tesla submitted to the National Assembly.Despite years of promises from CEO Elon Musk that all Teslas would soon become fully driverless vehicles, FSD is not autonomous and requires active human supervision.Tesla has sought to expand FSD's reach beyond North America, particularly in Europe, where the company has waged a pressure campaign against European regulators.TESLA SALES SURGE IN SOUTH KOREATesla surpassed BMW this year as South Korea's top imported-car brand, according to South Korean import data.Tesla sold FSD for one-time payments for years, before shifting to a monthly subscription of 150,000 won ($112) in August.The complaint alleges that Tesla promoted FSD last year as coming soon and posted a demonstration video filmed in South Korea without clearly disclosing that the technology could only be used in a small fraction of Teslas being sold.Tesla knew those limitations but continued to market the software to all customers, the complaint said.Tesla Korea manager Seo testified during an October 8 parliamentary hearing that the company had not formally requested FSD testing from the transport ministry. Two weeks later, Tesla applied for certification.The ministry said FSD does not comply with local safety rules, including requirements for drivers to keep their hands on the wheel, according to a statement it sent to a lawmaker, reviewed by Reuters. The transport ministry could not be reached for comment.The consumer group accused Tesla Korea of deceptive marketing and asked the KFTC to issue a temporary cease-and-desist order on marketing FSD for ineligible vehicles, impose administrative fines and refer the case to state investigators.
US Midterm elections 2026: Alaskan in tight Senate race accuses Democrats of 'election cheating'
Alaska Republican Senator Dan Sullivan accused Democratic rival Mary Peltola of orchestrating an alleged scheme to field a decoy candidate with the same name as him to divert votes in the closely contested US midterm race. Peltola has denied knowledge of the alleged plot. Sullivan called it a major election cheating scandal and claimed thousands of voters could mistakenly cast ballots for the rival candidate.
Vivek Ramaswamy asks Ohio voters to back him, promises lower taxes and safer streets
Republican candidate Vivek Ramaswamy urged Ohio voters to support him in the upcoming gubernatorial elections. He promised to reduce property taxes, lower electricity bills, and improve housing affordability. Ramaswamy emphasized the need for public safety and accountability from elected officials. After voting in Columbus, he acknowledged the difficult times families are facing. His main competitor is Amy Acton, a Democratic candidate and former Ohio state health director.
