The Dow Jones Industrial Average soared nearly 1,600 points, or 3%, on Wednesday, its biggest gain of the year, as investors digested the impact of the Democrats’ sweeping victories in the midterm congressional elections. Other indexes also jumped, with the broader S&P 500 climbing 120 points, or 1.6%, to close at 7,689 and the tech-heavy Nasdaq…
Washington — Progressive William Lawrence beat one-term Republican Rep. Tom Barrett in Michigan’s 7th Congressional District, CBS News projected. The race was one of the most closely watched in the nation. Barrett, who was first elected in 2024 and flipped the Lansing-area district red, was one of the first House Republicans to break with President…
Democratic U.S. Sen. Amy Klobuchar will become the first woman to serve as Minnesota governor after defeating Republican state House Speaker Lisa Demuth in Tuesday’s election, CBS News projects. Klobuchar will succeed Gov. Tim Walz, the two-term Democrat and former vice presidential candidate. Walz faced accusations of fraud in state programs, which his office said…
Washington — Democrats will capture enough House seats to retake control of the chamber early next year, CBS News projects, effectively halting President Trump’s legislative agenda and teeing up a wave of investigations into his administration and business ventures during his final two years in the White House. Economic discontent over the cost of living…
On a May evening back in 1950, Evelyn Trent had just finished feeding her rabbits when, she claims, she looked up and saw a slow-moving, metallic disk-shaped object hovering above her farm. Though some dismissed it as a hoax, her account was added to a growing list of unexplained events that sparked America’s first UFO…
Washington — Ace Parsi describes himself as “personally pretty against AI.” The Democrat is running an uphill race against Republican Rep. Riley Moore in ruby-red West Virginia and has drafted a legislative proposal to block new data centers that don’t have buy-in from constituents. But after what he said was probably the most complicated decision…
21m ago Why Pennsylvania could be one of last states to count ballots this Election Day Why Pennsylvania could be one of last states to count ballots this Election Day With four days until Election Day, Philadelphia Mayor Cherelle Parker and city commissioners are urging people to vote. Officials on Thursday escorted the media…
“There’s a lot of pissed-off farmers right now at Trump and Marshall,” said Kansas farmer Jeff Preisser, “because you see the situation we’re in.” In the final stretch of Kansas’ unexpectedly competitive Senate race between Republican Sen. Roger Marshall and Democrat Adam Hamilton, the Preisser family laid out their situation for CBS News, handing over…
Wendy Mayo knows firsthand how expensive and time-consuming caring for an aging parent can be. The 44-year-old Connecticut resident and her two siblings help look after their mother, who has Alzheimer’s disease and requires around-the-clock supervision. The siblings split the cost of care, which includes employing a professional caregiver, paying their mother’s rent, and spending…
Jury selection begins today in Los Angeles for a trial against Meta and Snap brought by two plaintiffs who claim the companies’ platforms were designed to be addictive — the latest in a wave of cases focusing on social media’s impact on young people’s mental health. The plaintiffs sued in 2023, alleging that endless scrolling,…
