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Democrats did a good job: Trump accepts defeat, acknowledges Iran war impact on midterm defeat

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.

The Economic Times 4 Nov 2026 10:53 am

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.

The Economic Times 4 Nov 2026 10:51 am

US Midterm Elections 2026: Trump says he will become political pundit after Democrats take control of Congress

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.

The Economic Times 4 Nov 2026 10:37 am

Virat Kohli's Gurgaon House: Inside his lavish 80,00,00,000 bungalow in DLF Phase 1 featuring a private swimming pool, gym, spacious balconies, marble flooring and luxurious interiors

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.

The Economic Times 4 Nov 2026 10:30 am

'India is neither an ally or a superpower': Delhi Police file FIR against Prashant Bhushan for sharing a fake video of Russian Foreign Minister Sergey Lavrov

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.

The Economic Times 4 Nov 2026 10:29 am

US midterms see few voting disruptions despite Trump's election interference concerns

Voting in this year's midterm elections occurred against uncertainties about President Trump's attempts to influence election results. Many Americans had cast their ballots early, but some polling places faced challenges due to weather conditions and equipment malfunctions. Election officials noted few significant issues overall, although ballot counting was delayed in certain areas. Trump's administration had been involved in legal disputes regarding election integrity, although courts blocked his efforts.

The Economic Times 4 Nov 2026 10:15 am

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.

The Economic Times 4 Nov 2026 10:09 am

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.

The Economic Times 4 Nov 2026 10:09 am

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.

The Economic Times 4 Nov 2026 10:08 am

US midterms 2026 big wins and upsets: Amy Acton stuns Vivek Ramaswamy; Annie Andrews topples Lindsey Grahams sister Darline

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.

The Economic Times 4 Nov 2026 10:03 am

US Midterms Texas results: Democrat Gina Hinojosa elected first Latina governor in state, ousts Republican incumbent Greg Abbott

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.

The Economic Times 4 Nov 2026 9:58 am

Adam Hamilton defeats Trump-backed Roger Marshall in Kansas, ending 94-year Democratic Senate drought

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.

The Economic Times 4 Nov 2026 9:57 am

Washington's next chapter: A democratic socialist mayor and a looming Trump showdown

Janeese Lewis George won the recent mayoral election and will take office on January 2. She will face significant challenges, including local governance issues and financial difficulties. After a period of job losses, the city anticipates potential revenue drops, prompting tax consideration discussions. Lewis George emphasizes addressing the city's affordability crisis amid Trump's ongoing influence. She has a unique opportunity to reshape policies within the city's limited autonomy.

The Economic Times 4 Nov 2026 9:53 am

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.

The Economic Times 4 Nov 2026 9:51 am

US Midterm elections 2026: James Talarico defeats Ken Paxton in Texas Senate race, ending Democrats 32-year statewide drought

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.

The Economic Times 4 Nov 2026 9:48 am

MCX gold prices at Rs 1.39 lakh/10 gram; silver tanks Rs 2,000/kg as US jobs data fuels rate hike bets. Key levels to track ahead of Dhanteras

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.

The Economic Times 4 Nov 2026 9:42 am

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.

The Economic Times 4 Nov 2026 9:33 am

US Midterm Elections 2026: Late Republican veteran Lindsey Grahams sister Darline loses South Carolina Senate race

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.

The Economic Times 4 Nov 2026 9:28 am

US Midterm Elections 2026: Software glitch stalls ballot counting in New York county's key congressional race

A judge has authorized the transport of thousands of paper ballots in Westchester County after technical failures occurred. The machines malfunctioned due to a programming glitch, delaying the counting of votes in a competitive congressional race. Voters were instructed to place completed ballots into secured bags for later processing. Both candidates have encouraged residents to vote, ensuring all votes will be counted.

The Economic Times 4 Nov 2026 9:10 am

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.

The Economic Times 4 Nov 2026 9:07 am

Pennsylvania election result: Key seat flipped in battleground state as Democrat Bob Brooks beats US Representative Ryan Mackenzie

US midterm election 2026 results: Brooks, president of a Pennsylvania firefighters union, defeated Mackenzie in Tuesday's midterm elections, according to US media reports.

The Economic Times 4 Nov 2026 9:02 am

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.

The Economic Times 4 Nov 2026 8:59 am

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.

The Economic Times 4 Nov 2026 8:58 am

ETMarkets Smart Talk| Gold, silver or copper? Tata MF fund manager suggests a 50:30:20 commodity allocation: Tapan Patel

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.

The Economic Times 4 Nov 2026 8:48 am

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.

The Economic Times 4 Nov 2026 8:45 am

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.

The Economic Times 4 Nov 2026 8:42 am

US Midterm Elections 2026: Indian-American Pia Dandiya defeats Marine veteran to win Florida congressional seat

Pia Dandiya has secured a seat in the US House of Representatives, representing Florida's 22nd congressional district after defeating Casey Askar with 51.9 percent of the vote. Known for her dedication to education and community service, Dandiya, who comes from Indian immigrant roots, has previously served as a high school principal, focusing on empowering underprivileged students.

The Economic Times 4 Nov 2026 8:34 am

US Midterm Election Results 2026: Democrat Keisha Lance Bottoms makes history in Georgia as 1st Black woman to be elected governor

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.

The Economic Times 4 Nov 2026 8:28 am

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.

The Economic Times 4 Nov 2026 8:22 am

US Midterms 2026: Mixed results for Indian-Americans as Subramanyam, Miller projected to win, Ramaswamy trails in Ohio

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.

The Economic Times 4 Nov 2026 8:14 am

US Midterm Elections 2026 may bring a wave of historic firsts across states and the country. Check here

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.

The Economic Times 4 Nov 2026 8:08 am

US Midterm election results key takeaways: Young voters move away from Republicans, many voters driven by opposition to Trump

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.

The Economic Times 4 Nov 2026 7:58 am

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.

The Economic Times 4 Nov 2026 7:57 am

Oil Price Today (November 4): Crude oil falls below $104 ahead of US midterm elections outcome. What are analysts saying?

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.

The Economic Times 4 Nov 2026 7:54 am

US Midterm Elections 2026: What Americans are saying about how they voted in the midterm elections

Voters across the United States expressed their concerns during the midterm elections regarding various issues, including healthcare and immigration. Many voters highlighted the rising costs of living as a critical factor influencing their choices. Some expressed concern over the impact of immigration enforcement on their communities and families. Incumbent candidates also faced scrutiny as voters evaluated their performance and policies.

The Economic Times 4 Nov 2026 7:34 am

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.

The Economic Times 4 Nov 2026 7:30 am

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.

The Economic Times 4 Nov 2026 7:21 am

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.

The Economic Times 4 Nov 2026 7:15 am

US Midterm Early Election Results 2026: Democrats flip key North Carolina, retain Georgia as Senate battle tightens

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.

The Economic Times 4 Nov 2026 7:12 am

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.

The Economic Times 4 Nov 2026 6:57 am

US Midterm Elections 2026: Georgia Sen. Jon Ossoff wins reelection, defeating Rep. Mike Collins to hold a key Democratic seat

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.

The Economic Times 4 Nov 2026 6:57 am

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.

The Economic Times 4 Nov 2026 6:52 am

US midterm elections 2026: Key takeaways from the polls that will decide Trump's fate for next 2 years

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.

The Economic Times 4 Nov 2026 6:39 am

US Midterm Elections 2026: Democrat Debbie Wasserman Schultz wins reelection to US House in Florida's 20th District

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.

The Economic Times 4 Nov 2026 6:32 am

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.

The Economic Times 4 Nov 2026 6:27 am

US Midterms: Vivek Ramaswamy's fate on the line as polls close in Ohio, Georgia, North Caroline and other states

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.

The Economic Times 4 Nov 2026 6:22 am

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.

The Economic Times 4 Nov 2026 6:11 am

New York Governor Race Results 2026: Who is winning Kathy Hochul vs Bruce Blakeman? Latest updates as votes are counted

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.

The Economic Times 4 Nov 2026 6:06 am

US Midterm Elections 2026: Trump approval plunges to 38% as polls begin to close, CBS exit poll shows

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.

The Economic Times 4 Nov 2026 6:01 am

US midterms: First polls close in Indiana, Kentucky

The Economic Times 4 Nov 2026 5:40 am

'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.

The Economic Times 4 Nov 2026 5:33 am

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.

The Economic Times 4 Nov 2026 5:21 am

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.

The Economic Times 4 Nov 2026 5:07 am

Donald Trump disapproval rating hits 62% as US Midterm initial exit polls show voter dissatisfaction

Donald Trump faces voter dissatisfaction after initial exit polls from the US Midterm elections show 62% of voters disapprove of his performance. The NBC News Exit Poll shows that 59% of voters felt that Trump was a factor in their decision. Immigration policies, corruption within government and policies enforced by his administration have all played a role in deciding how people voted.

The Economic Times 4 Nov 2026 4:53 am

US midterms: JD Vance says administration fought replacement of American workers with lower-wage foreign employees

US Vice President JD Vance highlighted the Trump administration's actions to combat visa fraud and safeguard American jobs. He emphasized that American employment should be prioritized for citizens over foreign workers to ensure sovereignty. Meanwhile, disruptions during the 2026 midterm elections in North Carolina caused polling hours to be extended across several precincts.

The Economic Times 4 Nov 2026 4:50 am

Congressman Suhas Subramanyam meets voters in Manassas, urges Indian-Americans to participate in US midterms

US Congressman Suhas Subramanyam engaged with voters in Virginia, urging them to participate in the upcoming midterm elections. He observed a significant voter turnout and suggested possible Republican shifts towards Democratic candidates. Subramanyam stressed the importance of Indian-American political involvement, including the possibility of running for office. He promised that a Democratic majority would focus on public concerns like healthcare and food assistance.

The Economic Times 4 Nov 2026 4:42 am

What time do voting polls close today? When will polls close in Georgia, Florida, Texas, California, Ohio and other states?

On November 3, polling stations across the United States will have varied closing times. The first to shut down will be in certain regions of Indiana and Kentucky at 6 pm ET, followed by many states, including Georgia and Virginia, closing at 7 pm ET. Although election results might start rolling in shortly after, final counts could be delayed, particularly in close races where state vote-counting procedures vary.

The Economic Times 4 Nov 2026 4:27 am

Investors ready for possible shake-up in Congress as US awaits election results

Investors are closely monitoring upcoming midterm elections, as results may influence asset prices significantly. A potential Democratic victory could lead to increased scrutiny on sectors like AI and data centers. Polls indicate a high probability of Democrats taking control of the House and a competitive Senate race. Analysts predict potential volatility in markets following the election results due to heightened investor anxiety.

The Economic Times 4 Nov 2026 4:18 am

US Stock Market today: S&P 500, Nasdaq, Russell 2000 rise but Dow Jones fall as investors eye midterm elections 2026 results. Check top gaining, worst performing stocks

US Stock Market today: S&P 500, Nasdaq traded well as Wall Street investors are waiting for midterm elections 2026 results.

The Economic Times 4 Nov 2026 4:13 am

US Midterm Election results 2026: When will results be announced and what happens to Trump if Republicans lose control of Congress?

The 2026 US midterm election results could determine whether Donald Trump retains Republican control of Congress or faces a Democratic majority in the House or Senate. While some winners may be declared on election night, close races could take days to resolve. Here's when results are expected and what could happen to Trump's legislative agenda if Republicans lose control of either chamber.

The Economic Times 4 Nov 2026 3:54 am

US midterms: Republican Dayna-Marie Miles says party is 'bigger than Trump', urges voters to research candidates

As voters participate in the 2026 midterm elections, many emphasize the importance of researching candidates carefully. Republican supporters highlight that the partys values extend beyond President Trumps influence. Economic concerns, particularly rising inflation, remain significant issues for households across the country. Voter turnout is noted to be steady, reflecting growing awareness of electoral impact. Indian-American voters are raising concerns about anti-immigrant sentiment and the need for better representation.

The Economic Times 4 Nov 2026 3:49 am

Federal judge temporarily blocks Trump plan to deport detained Afghans to Afghanistan

A federal judge in New York issued a temporary block on deportation plans for Afghans. This decision came after warnings from advocates and lawmakers about potential risks to their safety. They highlighted that returning these individuals could lead to persecution or even death. The government confirmed there are currently no planned flights for deporting Afghan nationals. The judicial order is set to expire soon, leaving many uncertain about their future.

The Economic Times 4 Nov 2026 3:25 am

Progressive Abdul El-Sayed and Republican Mike Rogers duel for key Michigan Senate seat

Abdul El-Sayed and Mike Rogers are competing in a crucial Senate race in Michigan, which may influence Senate control. El-Sayed is promoting a progressive agenda, including universal healthcare, while trying to unite various community divisions. Rogers, aiming for redemption after a narrow prior loss, faces challenges without Trump's support on the ballot. The race has drawn substantial advertising funds and intense scrutiny.

The Economic Times 4 Nov 2026 3:21 am

Why NASCAR's Carson Hocevar was suspended by Spire Motorsports after repeatedly brake-checking Austin Cindric at Martinsville

NASCAR driver Carson Hocevar has been suspended by Spire Motorsports for the Homestead-Miami season finale after repeatedly brake-checking Austin Cindric during the Martinsville race, causing heavy damage to Cindric's car. Hocevar has admitted that he crossed the line with his on-track actions and apologised to his team, sponsors and fans.

The Economic Times 4 Nov 2026 3:16 am

US midterm election results cheer US bond yields, 10-year treasury note, yield on 30-year bond, two-year treasury yield jump on Tuesday

US midterm election 2026 results: 10-year TIPS breakeven rate was last at 2.305 per cent, indicating the market sees inflation averaging about 2.3 per cent a year for the next decade.

The Economic Times 4 Nov 2026 3:14 am

Greenland approves security deal with Denmark and US following months of Trump's pressure

Greenlandic lawmakers voted 16-0 to approve a security agreement with Denmark and the United States. This deal aims to strengthen military presence in the Arctic while keeping Greenland under Danish control. Although some residents express concerns about its implications for Greenlanders, they hope to curb American threats. The agreement will take effect after Danish parliamentary processes are completed later this month.

The Economic Times 4 Nov 2026 3:06 am

Iran US War to resume in full scale in Middle East? American strikes in Strait of Hormuz on Midterm election results day raise fears

Iran US war: Thousands of U.S. troops remain in the waters off Iran to maintain a naval blockade aimed at preventing tankers carrying Iranian oil from reaching the global market. Another aircraft carrier and thousands of additional troops are also on their way to the Middle East.

The Economic Times 4 Nov 2026 3:02 am

Microsoft buyout offer: Should you take the payout or risk future layoffs? A legal expert explains what to do before signing

Microsoft buyout offer: Microsoft has offered voluntary buyouts to around 60,000 employees, leaving workers to weigh the payout against the uncertainty of staying or finding another job. Employment attorney Craig Levey shares what employees should review before signing, from legal terms and future layoff concerns to negotiation and tax implications.

The Economic Times 4 Nov 2026 2:57 am

Trump endorses Vivek Ramaswamy for Ohio governor, calls him 'special'

Donald Trump has endorsed Vivek Ramaswamy in his campaign for governor of Ohio. Trump praised Ramaswamy for being strong, smart, and truly passionate about the country. He criticized Ramaswamys opponent, Amy Acton, for her radical positions on various issues. The endorsement highlights Ramaswamy's focus on economic growth, border security, and election integrity. Voters are encouraged to support Ramaswamy to ensure a strong future for Ohio.

The Economic Times 4 Nov 2026 2:52 am

Can Vivek Ramaswamy win the Ohio governor race?

The Economic Times 4 Nov 2026 2:37 am

'A sign of things to come!': Guam goes Republican! Trump celebrates Tony Adas election victory

'A sign of things to come!': Guam goes Republican! Trump celebrates Tony Adas election victory

The Economic Times 4 Nov 2026 2:35 am

US Midterms 2026: Trump to watch results with Cabinet allies at White House as Republicans brace for crucial election verdict

US President Donald Trump will closely monitor the results of the 2026 midterm elections from the White House. This gathering includes Cabinet members and political allies who wish to support him. Trump has expressed optimism about potential Republican victories, despite some advisers' concerns about disappointing outcomes. The administration is preparing for various scenarios, including the chance of Trump addressing reporters.

The Economic Times 4 Nov 2026 2:29 am

A referendum on Trump, election monitors and a Democratic shift: What to watch on Election Day

President Trump's performance will be scrutinized during the upcoming midterm elections as voter turnout surges. Polls suggest that Democrats may gain significant congressional seats based on voter dissatisfaction. Trump's base is expected to show strong turnout, but Democrats appear more motivated to vote. Concerns about potential interference, including the dispatching of federal agents, have also been raised. The results could reshape party dynamics and influence the next presidential cycle.

The Economic Times 4 Nov 2026 2:27 am

'Abdul too extreme for state': Rogers votes in midterms; bashes Dems for Steven's vicious targeting

'Abdul too extreme for state': Rogers votes in midterms; bashes Dems for Steven's vicious targeting

The Economic Times 4 Nov 2026 2:23 am

Social Security benefits warning: Will retirees lose $500 a month when the retirement trust fund runs out in 2032? What the latest forecast means for your monthly checks

The Social Security retirement fund is projected to exhaust its reserves by the end of 2032 without any legislative intervention. If changes are not made, monthly benefits for retirees might face substantial reductions, estimated between 22% and 26%. This impending decline is attributed to demographic shifts like an increasing elderly population and dwindling birth rates. Lawmakers have a limited timeframe to tackle these pressing issues before retirees experience significant cuts.

The Economic Times 4 Nov 2026 2:09 am

Midterms may bring in wave of historic firsts for some states and the country

This midterm election may result in unprecedented leadership milestones across various demographics in the United States. Voters could elect the first Native American female governor and Black female governor, among others. Additionally, the country might witness its first Muslim U.S. senator and openly gay senator. While candidates from both parties promote diversity, some have avoided emphasizing their identities.

The Economic Times 4 Nov 2026 1:58 am

Guam governor results: Meet Tony Ada, former US Army serviceman poised to become Guams next governor

Republican candidate Tony Ada is poised to become Guams next governor after taking an early lead in the November 3 gubernatorial election alongside his running mate, E.J. Calvo. A former US Army serviceman who served from 1986 to 1993, Ada has also held several positions in Guams government, including serving in the territorys legislature.

The Economic Times 4 Nov 2026 1:55 am

Midterm elections 2026: Why Kalshi and Polymarket election betting declines as sports and crypto take over

2026 midterm election results: Prediction markets have grown more than 20-fold since October 2024, but election betting is losing its share of trading activity. Ahead of the 2026 US midterms, sports and crypto are attracting traders, while concerns over market manipulation and state gambling laws put Kalshi and Polymarket under scrutiny.

The Economic Times 4 Nov 2026 1:47 am

'Tremendous difference': Trump urges New York voters to back Mike Lawler in midterm race

Donald Trump has called for New York voters to back Congressman Mike Lawler in the upcoming midterm elections. He emphasized Lawler's strong commitment to the Jewish community and his actions against antisemitism. Trump highlighted the previous support from the Jewish community in Monsey during the 2024 Presidential Campaign. He also recognized Lawler's dedication to serving constituents and making significant contributions to the community.

The Economic Times 4 Nov 2026 1:31 am