The Economic Times
Elections 2026Global Business / The Economic Times
A promise made to his three-year-old son in 1978 led John Lavender II to buy a mountaintop in New York and spend decades building Highlands Castle. With help from family, friends and workers, he turned the property into a castle overlooking Lake George, which now welcomes guests.
Citigroup said in a statement that it was aware of an incident at the complex and was cooperating with authorities.
The Democrats are expected to take control of both chambers of the US Congress after recent elections. This shift may disrupt Donald Trump's presidential agenda for the remaining two years. Additionally, the issuance of H-1B visas for Indians significantly decreased due to a recently imposed fee levy. Indian exports to the US saw fluctuations, closing at slightly positive growth figures.
Donald Trump Iran war: The US president has acknowledged that the Iran war and rising gasoline prices contributed to Republican losses in the US midterm elections. With Democrats taking control of both chambers of Congress, the president faces tougher political challenges, while Democratic leaders prepare to push healthcare priorities and increase scrutiny of his administration.
If I had to do it again, I will: Trump refuses to back down on Iran war after Vances claim
Oil prices are expected to stay elevated amid President Trump's weakened political position after the midterms. Uncertainties regarding the Iran conflict could impact military strategies, potentially leading to higher oil costs. A resolution that restores oil transport through the Strait of Hormuz is crucial for reducing oil prices. Trumps decisions may influence the ongoing military conflict or create a deal with Iran.
Five judges supported the association and two did not. The association had originally owned only the western half of the private road. The eastern half belonged to the Dix family and its predecessors. The court concluded that the association had established ownership through adverse possession because it had maintained and controlled the entire road for decades.
French bank Crdit Mutuel Arka has confirmed a cyberattack involving fraudulent transactions after blockchain investigator ZachXBT traced more than $133 million in suspected crypto withdrawals. Investigators are examining the movement of funds across exchanges, while the bank has yet to disclose its losses or confirm how the attack occurred.
Democrats achieved significant victories in the midterm elections, resulting in control of both Congressional chambers. Many seats were flipped across previously Republican strongholds with stark voter dissatisfaction influencing results. Notably, Trump-backed candidates faced substantial defeats in multiple states like South Carolina and North Carolina. The outcomes revealed limitations in Trump's political influence and a shift toward Democratic representation.
The Unusual Whales Subversive Democratic Trading ETF, named NANC, has shown remarkable performance, exceeding that of the S&P 500 since February 2023. This fund strategically utilizes the stock trades of Democratic lawmakers to shape its investment strategy. With significant holdings in leading technology firms, especially in AI innovations, its recent achievements can be attributed to a thriving AI market.
US Midterm election results 2026: Donald Trump's popularity has declined since he launched the war, which has disrupted oil shipments and pushed fuel prices near record highs, hitting U.S. household finances.
Lamar Jackson is an American professional football quarterback who plays for Baltimore Ravens in the National Football League (NFL). He grew up in a family where his mother, Felicia Jones, played a big role. The Baltimore Ravens selected him with the 32nd overall pick in the first round of the 2018 NFL Draft. He then went on to become the NFL's biggest stars.
The Virgo Moon is asking you to look clearly. You need to consider the facts instead of being emotional. Be focused on what you reality got in reality instead of imagining it.
The Taurids meteor shower is anticipated to peak in November 2026. The Southern Taurids will peak overnight on November 45. Following this, the Northern Taurids are expected to peak on November 1112. Observers may witness bright fireballs that outshine Venus, making the experience memorable. Ideal viewing conditions will be enhanced by the low illumination from the Moon.
Donald Trump recognized that the Iran war played a significant role in the Republican losses during the midterm elections. He stated that the decision to pursue the war was essential and justified, despite its consequences. Trump's remarks came a day after his party lost control of Congress, highlighting the political fallout of the conflict. He expressed a commitment to continuing the actions related to Iran.
Donald Trump expressed denial over the Republican losses in the recent elections while later showing willingness to work with Democrats. He blamed Republican candidates for their defeats and defended his own stance amidst criticism. Some conservatives publicly pointed fingers at Trump, claiming the results represented a total rejection of his leadership. Democrats, relieved by their successes, may find opportunities to collaborate with the President.
Democrat victories in recent midterm elections signal a shift in public sentiment regarding data centers and AI technology. Key races in Texas and Georgia brought significant wins for candidates opposing data center development. Analysts estimate that nearly half of planned US data center capacity could face new regulations and moratoriums. Concerns have emerged over potential slowdown effects on the AI and technology sectors as stocks decline.
Apple stock price surged more than 6% to a record high on Wednesday, lifting its market capitalization to $5.1 trillion and making it the worlds most valuable company. The rally followed Democrats midterm election victories and came after Apple reported stronger-than-expected quarterly revenue and earnings.
The midterm results put Democrats in line to control both chambers of Congress. Some of their first oversight fights could begin with questions lawmakers have already asked. Four potential inquiries show where the pressure could build and how far Congress can go.
Troy Jackson's political journey took an unexpected turn when he received the Democratic Senate nomination. After Graham Platner withdrew due to a serious allegation, Jackson became the leading candidate. He won the nomination with overwhelming support at the special convention. Subsequently, Jackson campaigned and defeated longtime Republican Senator Susan Collins in the general election.
Republicans suffered significant losses in the midterm elections, resulting in Democrats gaining control of Congress. Donald Trump downplayed his responsibility for these defeats, stating he was not on the ballot. While voters expressed dissatisfaction with Republican candidates, Trump insisted his presence would have led to a victory. The former president has a history of avoiding accountability for various outcomes during his political career.
Why did oil price crash below $90 today? US oil prices fell sharply after midterm election results indicated Democratic control of Congress. Vice President JD Vance connected the Iran war to the Republicans' defeat, impacting market sentiments. Traders expressed reduced concerns over future military action against Iran, causing a decline in oil prices. While falling US crude inventories typically support prices, the political landscape took precedence for traders.
A senior Canadian cabinet minister stated that the US midterm election results will not affect trade negotiations. Dominic LeBlanc mentioned he would soon communicate with US officials regarding trade matters. President Trump suggested that a trade deal with Canada is close, but significant work remains. Canadian Prime Minister Mark Carney confirmed that certain US demands have been scaled back.
Europe's far-right leaders have begun distancing themselves from Donald Trump after Republicans' losses in the US midterm elections, citing the Iran war, rising energy prices and cost-of-living pressures. While some avoided directly criticising Trump, analysts said his declining popularity could turn ties with his MAGA movement from an electoral advantage into a liability.
Indian-American Congressman Suhas Subramanyam recently won re-election in Virginia's 10th Congressional District. He pledged to address concerns about rising costs, healthcare cuts, and federal workforce reductions. Subramanyam committed to ending forever wars and fighting unnecessary tariffs to lower costs.
Mary Peltola is a Democratic politician from Alaska. She made history in 2022 by becoming the first Alaska native and first woman elected to represent the state in the US House. She served in Congress from 2022 to 2025. She lost her re-election bid in 2024 to Republican Nick Begich. In January 2026, she announced her decision to challenge Republican Senator Dan Sullivan.
US House Speaker Mike Johnson is stepping aside from Republican Party leadership after the party's defeat in the midterm elections, declining to seek support for the minority leader's post in the new Congress. His decision sets up a contest between Steve Scalise and Jim Jordan, while Democrats prepare to nominate Hakeem Jeffries as speaker.
JD Vance, the Vice President, articulated that the tensions involving Iran were a major factor in the financial setbacks for Republicans. He observed that a segment of former Trump loyalists has shifted their allegiance to Democrats during the midterms, driven largely by economic anxieties, especially regarding the escalating cost of living.
JD Vance, the Vice President, articulated that the tensions involving Iran were a major factor in the financial setbacks for Republicans. He observed that a segment of former Trump loyalists has shifted their allegiance to Democrats during the midterms, driven largely by economic anxieties, especially regarding the escalating cost of living.
Tesla stock (TSLA) fell as Democrats midterm victories raised concerns about AI data center expansion, particularly in Texas. Analyst Dan Ives warned that political hurdles could slow planned projects, while Elon Musk floated the idea of space-based data centers as investors weighed the outlook for his AI ambitions.
U.K. Culture Secretary Lisa Nandy plans to intervene in the 1.6 billion-pound deal between Sky and ITV. She aims to introduce new public interest considerations that reflect modern viewing habits. The Competition and Markets Authority will review the takeover for competition concerns. Nandy expects a report addressing media public interest by January 27, which may lead to further investigation. The deal aims to strengthen competition against global streaming companies.
Democrats won control of Congress in the 2026 midterms, putting Donald Trump on the defensive. Voters frustration over prices and the Iran war made it harder for Republicans to defend the administrations record.

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