Why markets experienced massive tech sell-off
A day after investors gave U.S. stocks a big post-election boost, the markets saw a massive sell-off over concerns about the future of artificial intelligence. Kelly O’Grady breaks it down. Source link
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French labor protests end in tear gas as police clear protesters
Teachers, transport employees and other union workers walked off the job on Thursday, joining massive nationwide protests over wages and the cost of living. Ramy Inocencio reports from Paris, France. Source link
What Trump’s final 2 years in office will look like with Democrats in charge
Washington — President Trump seems to be reconsidering his approach to Democrats after Tuesday’s massive Republican election losses and has so far made contradictory comments about how he plans to deal with them as they take control of the Senate and the House in January. “We’re going to work with the Democrats,” the president told…
GOP Rep. Mike Lawler defeated in New York battleground district
Washington — Democrat Cait Conley defeated two-term Republican Rep. Mike Lawler, winning a highly competitive seat in New York’s Hudson Valley region, CBS News projected. Lawler’s loss is another setback for Republicans. CBS News has projected that Democrats will take control of the House in January with a wide majority. Lawler called Conley to concede Tuesday,…
California death row sentences to be commuted to life without parole, Newsom says
Gov. Gavin Newsom says he will commute every current death sentence in California to life in prison without the possibility of parole. Newsom announced the decision Thursday in an open letter, saying he will use his constitutional clemency authority to commute the sentences of 548 people currently facing the death penalty. “I take this action…
Why did Republicans lose the midterm elections? GOP soul-searching begins after blowout.
Washington — Widespread Republican losses in the midterm elections are roiling the GOP, prompting soul-searching over what went wrong and a brewing blame game that’s expected to heat up as the party looks toward the next election. From House and Senate races to governors’ mansions, Republicans saw striking losses, both in battlegrounds and in places…
Nithya Raman ousts incumbent Karen Bass in Los Angeles mayor’s race, CBS News projects
Councilmember Nithya Raman will be Los Angeles’ next mayor after defeating incumbent Karen Bass in the November general election, CBS News projects. Raman’s win comes after resounding victories for Democrats across the country on Election Day. Raman released a video statement on Thursday afternoon saying she is deeply honored to be the next mayor…
Democratic Rep. Marie Gluesenkamp Perez wins reelection in competitive Washington race
Washington — Democratic Rep. Marie Gluesenkamp Perez won a third term in Washington’s 3rd Congressional District, CBS News projected. Gluesenkamp Perez’s victory, in a district President Trump has won three times, comes as she’s flexed her independence over party loyalty. Democrats will take control of the House of Representatives in January, with stunning wins across…
Harmeet Dhillon, controversial head of Justice Department’s Civil Rights Division, resigns
Washington — Harmeet Dhillon, the assistant attorney general in charge of the Justice Department’s Civil Rights Division, resigned on Thursday, Attorney General Todd Blanche said. “Today, I accepted the resignation of Assistant Attorney General Harmeet Dhillon, who led the Civil Rights Division with conviction the past 18 months,” Blanche wrote in a post on X….
Trump to attend Army-Navy football game next month, officials say
Washington — President Trump is scheduled to attend the Army-Navy game, one of the longest rivalries in college football, U.S. officials told CBS News. The stands at MetLife Stadium in New Jersey on Dec. 12 will be filled with active-duty troops and veterans. Mr. Trump has made an appearance at the game several times as…