Massachusetts voters on Tuesday approved a ballot measure that would allow ride-share drivers to unionize, becoming the first state to allow drivers for app-based companies like Uber and Lyft to do so. With 94% of precincts reporting, 53.9% of voters endorsed a novel framework that would allow ride-share drivers who are considered by the companies to be … Read more
For all the concerns about a tumultuous process that could leave Americans waiting for days to learn who its next president would be, news outlets instead experienced an election night that hewed close to tradition. Fox News Channel declared Donald Trump had reclaimed the presidency at 1:47 a.m. on Wednesday. Broadcast networks and The Associated … Read more
SAN JUAN, Puerto Rico — Jenniffer González of Puerto Rico’s pro-statehood New Progressive Party was leading polls on Wednesday in a historic gubernatorial election that could see her party secure a third consecutive term for the first time. González had 39%, or 438,183 votes with 91% of precincts reporting, according to Puerto Rico’s State Elections … Read more
The French “whale” who bet $30 million on a Trump White House win via Polymarket has raked in $48 million in profits on the wager, according to the crypto-based betting platform. The anonymous bettor, who goes by Théo, controlled four separate accounts on the platform that each made wagers on Trump winning the Electoral College … Read more
NEW YORK — The U.S. stock market, Elon Musk’s Tesla, banks and bitcoin are all storming higher Wednesday as investors bet on what Donald Trump’s return to the White House will mean for the economy and world. Among the losers the market sees: solar-power companies and potentially anyone worried about higher inflation. The S&P 500 … Read more
WASHINGTON — The election of Donald Trump as president for a second time and the Republican takeback of the U.S. Senate could undo many of the national climate policies that are most reducing planet-warming greenhouse gas emissions, according to climate solutions experts. When they list measures that are making the most difference, it lines up … Read more
NEW YORK — Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return to the White House. Tesla stands to make significant gains under a Trump administration with the threat of diminished subsidies for alternative energy and electric vehicles doing the … Read more
WASHINGTON — Donald Trump has promised sweeping action in a second administration. The former president and now president-elect often skipped over details but through more than a year of policy pronouncements and written statements outlined a wide-ranging agenda that blends traditional conservative approaches to taxes, regulation and cultural issues with a more populist bent on … Read more
President-elect Donald Trump’s impending return to the White House appears to put the Federal Reserve on a slower and shallower path for interest rate cuts, with a slew of new policies embraced by the Republican leader poised to juice the economy and stall, or reverse, the slowdown in inflation. US central bankers are still widely expected to cut the Fed’s benchmark interest rate by a quarter of … Read more
Tesla shares surged 14% on Wednesday after President-elect Donald Trump – whose campaign the electric-car maker’s CEO Elon Musk outspokenly supported – clinched a victory. Musk’s Tesla soared on Wednesday morning as Trump was projected to win the presidency with 277 electoral votes. The billionaire tech founder donated millions to a pro-Trump PAC, rallied on … Read more