The 2026 midterm elections was a decisive victory for Democrats, who won control of both the House of Representatives and the Senate. With Republicans retaining the White House, the election results bring a period of divided government starting in January.
Wall Street's initial reaction has been enthusiastic. As of this writing (Nov. 4), the Dow Jones Industrial Average (DJINDICES: ^DJI) surged more than 1,500 points during morning trading, while the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) also rallied.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Beneath the broader market's gains, investors are undoubtedly repositioning their portfolios. Artificial intelligence (AI) hyperscalers like Amazon, Alphabet, Microsoft, and Meta Platforms are surging, while many semiconductor stocks and data center operators are plunging.
The contrasting performance reflects uncertainty about how the election could affect AI and adjacent industries. For investors wondering whether to change their portfolios following the election, Warren Buffett's advice about mixing politics and investing is particularly relevant.

#election

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Space Exploration Technologies Corp. President Gwynne Shotwell said she and her husband are "thrilled that our gift of over 2 million shares of ***** eX stock will be distributed to children's Trump accounts in December."
Shotwell announced the gift in an X post on Friday. She said the initial gift's shares are transferring to escrow, and that families should receive a notice by Monday.
Robert and I are thrilled that our gift of over 2 million shares of ***** eX stock will be distributed to children's Trump accounts in December!

Our initial gift (shares transferring to escrow as we speak) will go to 11 to 17-year-olds who live in zip codes with median family…
— Gwynne Shotwell (Gwynne_Shotwell) October 30, 2026

#gwynne #Trump

For the first time in 60 years, Warren Buffett watched someone else lead Berkshire Hathaway's (NYSE: BRKA)(NYSE: BRKB) annual meeting. That doesn't mean Buffett was absent from that May 2 event, though. He was there on the sidelines and had time to field questions in an unofficial capacity.
In a CNBC interview that day, Buffett was asked whether stocks felt expensive. His answer was that he had never seen people more in the mood to gamble and that "prices for an awful lot of things will look very silly."
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Warren Buffett is and always has been a long-term investor. But if things are about to get "silly," should investors adjust their portfolios?
More than 1,000 new exchange-traded funds (ETFs) have launched in 2026 so far. A lot of them involve leverage, ultra-short-term options, and ridiculously high yields. In other words, they're the kinds of products that don't resemble anything that Warren Buffett would consider.

#warren #years

For questions about this article or underlying research, email helptrefis.com.
Between October 6 and November 4, 2026, NVIDIA (NVDA) stock fell 16.3% while the S&P 500 lost 1.6%. Anyone thinking of buying wants to know whether that drop is a chance or a warning. The answer depends less on demand, which management says is larger than NVIDIA can supply, than on what meeting that demand will cost the company. First, how strong is NVIDIA's business right now?
NVIDIA's Sales Growth Has Sped Up Four Quarters Running
The latest results show a very strong business. Revenue rose 105.9% from a year earlier to $96.2 billion in fiscal Q2 2027, the quarter that ended July 26, 2026. Growth had been 62.5% in fiscal Q3 2026, and it accelerated in each quarter after that. That 62.5% was itself up from 55.6% in fiscal Q2 2026. NVIDIA also keeps an unusual share of its sales as profit. Its operating margin over the last twelve months was 65.2%, against 18.7% for the S&P 500.
Investors pay 25.1 times NVIDIA's earnings over the last twelve months, against 22.8 for the S&P 500. A multiple only a little above the broader market reflects profits that more than doubled in a year. Net income over the last twelve months was $193 billion, against $86.6 billion a year earlier. If profits fell back, the same share price would mean a higher multiple.

#fiscal #fell

Kanye West's recent public appearance with his kids at an event has fans rooting for him. The rapper reportedly attended the Yeezy Season 01 runway show in Los Angeles on November 4, 2026. He also presented his new Yeezy fashion collection, making headlines. But what truly stole the spotlight was the sweet family moment, as he was joined by all four of his children.
Ye with his four children, North, Saint, Chicago, and Psalm West at his Yeezy Season 01 runway show in LA tonight. ?
? pic.twitter.com/k3oiLqFrEg— yzyupdates (yzyupdates) November 5, 2026
Kanye West brought all four of his children to his latest Yeezy runway event in Los Angeles on November 4, 2026. The presentation took place at Yeezy Flagship Droam 1, located at 4317 Beverly Boulevard. It marked the label's first full-scale runway show since October 2022. The event also drew several familiar faces from the music and fashion industries.
The "Runaway" rapper wore an all-black outfit featuring a jacket paired with trousers. He completed the look with Yeezy boots and sneakers from the upcoming collection. However, the highlight of the event was his appearance alongside his four children: North West, Saint West, Chicago West, and Psalm West. Kanye shares the children with Kim Kardashian. The former couple tied the knot in 2014 and separated in 2021. Seeing the rapper with all four of his children truly warmed viewers' hearts.

#yeezy #west #runway

Princess Diana remains one of the most influential royal style figures decades after her death. From glamorous evening gowns to casual sweatshirts, her clothes attracted enormous attention and often carried meanings that went far beyond fashion. Few pieces illustrate that fascination better than her famous red Black Sheep sweater, featuring rows of white sheep and a single black one standing apart from the flock.
Diana first wore the Warm & Wonderful sweater in 1981, shortly after her engagement to Prince Charles. The playful design quickly attracted attention, particularly because the lone black sheep invited interpretations about Diana's own position within royal life. Those interpretations remain speculative, but there is clear evidence that she valued the garment. After the original sweater was damaged, Buckingham Palace contacted the designers seeking a repair or replacement. Diana later appeared publicly in the replacement.
Years later, the original sweater was rediscovered and offered at auction through Sotheby's in 2023. Before the sale, it carried an estimate of $50,000 to $80,000. Its significance came from more than Diana simply having worn it. The accompanying correspondence helped establish its history, while photographs of Diana wearing the distinctive design made it instantly recognizable to collectors and royal fashion enthusiasts.
The final result dramatically exceeded expectations. The sweater sold for $1.143 million, including fees, setting a record at the time for an item of clothing worn by Diana at auction. The price also demonstrated how dramatically demand for objects connected with the princess had grown. Other pieces from her wardrobe had already achieved impressive results, including a purple Victor Edelstein evening gown that sold for more than $600,000 earlier in 2023.
Diana's wardrobe continues to attract this level of interest because her clothing became closely connected with her public identity. Early in her royal life, she embraced romantic dresses and traditional silhouettes. Over time, her wardrobe became increasingly confident, incorporating streamlined tailoring, memorable eveningwear and relaxed casual pieces.

#pieces #princess #evening #casual

Apple stock bought at $25.02 in 2016 now sits at $352.64, leaving a $92,905 embedded gain inside a $100,000 position.
A single filer with zero 2026 income can sell up to $65,550 of long-term gains at 0% federal tax by combining the standard deduction and the 0% bracket.
The gift strategy beats inheritance outright only when the embedded gain is $65,550 or less, with the crossover basis sitting at $34,450 on a $100,000 position.
At the national average savings rate, $40,000 earns about $150 a year. In one of today's top-rated high-yield accounts, the same balance earns $1,200 or more. See the current best rates, side by side.
A 66-year-old widow bought shares of Apple (NASDAQ:AAPL) in November 2016 at a split-adjusted $25.02. Ten years later the stock trades at $352.64, a 1309.61% gain. Her position is now worth $100,000.

#gain #Apple #Stock #year

Emma Roberts is making headlines with her latest fashion moment as she prepares for her return to American Horror Story. The actress stepped out in New York City for a promotional appearance, bringing a romantic yet daring twist to her daytime wardrobe. Her latest look combined delicate florals, sheer fabric, and an unexpected outerwear choice.
Emma Roberts wears a green CHARLOTTE SIMONE coat over a MONSE SS27 dress and beige pumps while out and about in New York.
?: Getty images pic.twitter.com/pDt9izG3MG
— Style-Stars (style_starss) November 5, 2026
For her appearance on Live with Kelly and Mark, Roberts wore a stunning dress from Monse's Spring/Summer 2027 ready-to-wear collection. The dress featured a delicate ivory base decorated with oversized floral prints in muted pink, purple, and green tones. However, the romantic pattern wasn't the only detail that caught attention.
The dress featured a semi-transparent fabric that revealed the silhouette underneath, giving the otherwise feminine design a daring edge. The fitted silhouette hugged her figure before falling into a flowing midi-length skirt. The dress also had delicate spaghetti straps and an asymmetrical neckline, with a soft fabric detail draped over one shoulder.

#emma #style #latest #appearance

An expert has broken down Queen Camilla's beach clean-up moment with King Charles on their Caribbean tour. She arrived over the weekend to join her husband for the final leg in Antigua and Barbuda on November 1, 2026. The monarch began the nine-day tour on his own on October 27, 2026, covering the Bahamas and Guyana before the final leg.
An expert has observed that Queen Camilla looked "uncomfortable" while helping clear a beach in Antigua, even blurting out a quick four-word warning to dodge a painful slip-up. King Charles and Queen Camilla joined local volunteers on the sands of Fort James Beach for the environmental initiative. The Queen opted to take off her shoes and walk barefoot to navigate the shoreline during the task.
However, per the Daily Express, lip-reading specialist Nicola Hickling has warned that walking shoeless amid a busy royal party carries its own risks. On examining the arrival footage, she remarked that Camilla's face was "worth watching here." The comment came as the royal made her way over the sand alongside her husband.
Hickling told the outlet that the Queen looked "slightly uncomfortable" as she abruptly moved away from King Charles. It was "possibly to avoid having her toes trodden on." Amid the clumsy shift, Her Majesty reportedly uttered the striking four-word line: "I must go easy."
The moment, however, passed without incident, and the couple carried on cheerfully. They even playfully crossed their litter pickers like swords, then took turns placing collected rubbish into a black bag. After that, the royal pair listened to Jennifer Meranto, founder and chief executive of Adopt a Coastline. She outlined the crucial effort to safeguard the island's shore. Two of the group's youth ambassadors joined Meranto for the briefing.

#beach

Colin Jost and Scarlett Johansson appear to have one thing in common beyond their successful careers. The couple shares a thoughtful approach to gift-giving. In a new interview, the "Saturday Night Live" star opened up about why he enjoys finding meaningful presents and admitted that his wife is even better at it. Jost also reflected on the gifts they treasure most and how they spend the holiday season together as a family.
While promoting Kay Jewelers' new holiday campaign, Colin Jost spoke to People about the importance of giving meaningful gifts. The comedian said he enjoys putting thought into every present instead of choosing something at random.
"I don't like getting just a random thing if it doesn't feel meaningful," Jost said. He explained that he likes finding gifts that remind people of a special memory or moment in their lives.
However, Jost admitted that Scarlett Johansson has the upper hand when it comes to thoughtful presents. "She's an excellent, very thoughtful and generous gift giver," he said. "I think we're a good gifting match."
The comedian added that many of the best gifts they have ever received came from each other. He even joked that their children are the greatest gifts of all. Jost and Johansson share son Cosmo, while the actress is also mother to daughter Rose from her previous marriage to Romain Dauriac.

#jost #johansson #scarlett #thing

The maximum 2026 Social Security benefit is $5,181/month, requiring 35+ years earning at or above the $184,500 wage cap and claiming at 70.
Most workers can't hit the wage cap, but delaying Social Security to 70 and boosting salary through job-hopping raises your benefit meaningfully.
Combining a $2,500 monthly Social Security benefit with $32,000 in annual IRA or 401(k) withdrawals can match the maximum benefit's $62,000 yearly income.
Building a portfolio and living off one are two completely different skills, and almost ******* ody teaches the second. This problem is what The Definitive Guide to Retirement Income helps, and it is free today. Read more here. (Sponsor)
The typical retiree who receives Social Security benefits gets about $2,088 per month. On an annual basis, that's about $25,000.

#income #maximum #annual

Bob Dylan has visited Pope Leo XIV in Rome.
The American singer-songwriter and poet visited with the pontiff at the Vatican during a break between concert dates in Italy.
A Vatican spokesperson shared that the encounter was a brief one, with Pope Leo giving Dylan a rosary, and Dylan presenting the pope with a copy of his autobiography, Chronicles: Volume One.
The Pope had previously quoted a1963 unpublished protest song of Dylan's in his own 2026 book, Disarmed and Disarming: Peace Is a Gift.
"I hate you cause yer man-made and man-owned, an' man-handled," he echoed about the recourse to nuclear weapons.
Dylan, who won the ****** el Prize for Literature in 2016, played for Pope John Paul II in 1997 during a concert at a religious congress in Bologna, Italy.

#italy #rome

Roth conversions count as income, so retirees over 65 near $75,000 can lose the new $6,000 senior deduction without warning.
A $40,000 conversion for a single retiree costs about 23% rather than the quoted 22%, while $100,000 nearly erases the deduction.
Converting only up to the income threshold, waiting until 2029, or paying conversion tax from taxable savings can protect the deduction.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
Congress handed people 65 and older a new tax break last year, and it comes with a tripwire that most of the articles celebrating it skipped. The deduction is worth up to $6,000 a person for tax years 2025 through 2028. It starts to shrink once your income passes $75,000 if you are single, or $150,000 if you file jointly, and it shrinks fast: 6 cents for every dollar over the line. At $175,000 single or $250,000 joint it is gone.

#income #single #converting #conversions

Mckenna Grace paired her micro minidress with Sonia Petroff jewelry for an interview during "The Hunger Games: Sunrise on the Reaping" press run. The 20-year-old portrays Maysilee Donner and her sister Merrilee Donner in the movie. She has delivered several striking looks throughout the press run.
Mckenna Grace joined co-star Joseph Zada on the new episode of the Spanish talk show "La Revuelta." Styled by Molly ***** son, the "Gifted" actress accessorized with Sonia Petroff Swan Earrings. Crafted from brass with 24-carat gold overlay, the earrings wrapped around the ear in an ear-cuff silhouette.
The top arch resembled a slender, graceful swan neck ending in a downturned beak, while the base fanned out into a stylized wing. Further, brilliant Swarovski diamonds adorned the wings' feathers. A single ***** rous pearl sat right at the bend where the neck met the plumage.
Grace paired the beautiful earrings with the Sau Lee Caspian Jacquard Print Dress. The metallic gold minidress features a high Mandarin-style collar framing a keyhole chest cutout. The bodice hugged her torso and cinched at the waist before falling into a short hemline with a little side slit for ease of movement.
The metallic gold jacquard wove an ornate, textured surface pattern that caught light from every angle, echoing the opulence of the gilded jewelry. Meanwhile, the short hemline put her long legs on full display. She paired the dress with sheer black tights, elongating the leg line. Black slingback pumps completed her look. Together, the tights and the shoes created a streamlined vertical line.

#grace #Gold #mckenna #jacquard

Interested in Sunrun Inc.? Here are five stocks we like better.
Sunrun lowered its 2026 outlook: It now expects about $200 million in Cash Generation, down from a prior range of $200 million to $375 million, and approximately $4.6 billion in Aggregate Subscriber Value. The company cited installation volumes below expectations and, to a lesser extent, higher interest rates.
Installation trends were mixed: Direct installation volumes grew 9% year over year, while affiliate volumes fell 67%; Sunrun expects affiliates to decline more than 60% for the full year. Storage attachment reached a record 75%, and Upfront Net Subscriber Value rose to about $3,700 per customer.
Sunrun expects growth in 2027 and beyond: It anticipates higher overall installation volumes and meaningfully positive Cash Generation next year, while flagging insurance, California property taxes and capital costs as potential pressures. The company also plans to double its online storage capacity by the end of 2028.
3 Small Caps Hitting 52-Week Highs: Take Profits or Let Ride?

#volumes

Meghan Markle is reportedly "questioning" whether the Sussexes' U.K. move was the right choice. Fans are aware that Prince Harry and Meghan moved to the U.K. on August 26 and intend to stay in the country for an extended period of time. However, the couple hasn't exactly received the warm welcome they were seemingly hoping to get. This has reportedly led to friction between Harry and Meghan.
Meghan Markle reportedly wishes to spend more time in the U.S., while her husband, Prince Harry, wants to stay in the U.K. longer. According to a report by Closer, almost three months later, the Suits alum is debating her decision to move to the U.K.
The ****** ss of Sussex did not enjoy her stay in Britain when she got married to the Duke. It seems like nothing much has changed, and she is "terrified" that she's in for another round of misery. "Then there's the uncertainty over how things are going to go with the royals and the British public. Meghan is understandably pretty anxious about that and already wondering if this was a mistake," the source added.
The Sussexes were seemingly trying to make inroads with the royal family when King Charles made an important announcement. The monarch released a statement via Lord Chamberlain, ****** erting that the Sussexes remain private citizens. Harry and Meghan cannot use royal ****** les (HRH) or participate in royal engagements.
The Sussexes released a statement stating that they "were a little surprised not to have been told about this in advance." The actress is reportedly hurt that there has been no acknowledgement of them from the royal family. It is quite "hurtful" because one positive word would silence their critics. On top of that, the bills are piling up for them, and the expenses are only increasing.

#reportedly #royal #prince

Just two miles short of the finish line of the 2026 New York City Marathon on Nov. 1, 24-year-old runner Rachel Apa collapsed. She died of a rare and potentially life-threatening illness that can be brought on by excessive exertion, the New York Times reported.
It's called rhabdomyolysis, and while there are relatively few cases nationwide each year, it can strike during endurance or intensive exercise, including marathons.
Apa was running her first marathon to raise money for Parkinson's disease in honor of her late grandfather, according to the New York Times. But Apa was no stranger to athletics, having played Division I field hockey in college. Her family said Apa had been in "perfect health." Plus, she'd been training for the race for months.
But at mile 18, Apa texted her father, Steve, who'd been checking in at each mile: "Ow." At the end of the next mile, she wrote, "Ow ow." She stopped responding after that. Apa's mother, Michelle, was at the race and had watched her daughter run by earlier on. Her parents noticed on the marathon tracking app that Apa stopped moving after mile 24.
Apa collapsed just after running past hospital social worker Michaela Nichols, who was cheering on participants. Nichols ran over and checked Apa's pulse, but couldn't find one. Three other people — two of whom said they were physicians — ran over to give Apa CPR. Marathon medical staff tried to revive her with a defibrillator before an ambulance arrived. She was taken to Mount Sinai Medical Center and treated for six hours, but could not be saved.

#year #collapsed

Jessica Chastain brought bold color and a playful silhouette to her latest New York City appearance. The actor stepped out in a striking micro minidress that put her legs in the spotlight, while her blonde bob added another noticeable detail to the look. Rather than relying on elaborate accessories, she let the dress's graphic print take centre stage.
Jessica Chastain was spotted outside the Watch What Happens Live studios in New York City while promoting her upcoming film "Heartland". ? pic.twitter.com/DPTdjNzkid
— Jessica Chastain Crave ? (chastaincrave) November 4, 2026
For the outing, Jessica Chastain wore Emilio Pucci's Iride Print Cady Dress. The sleeveless design featured a square neckline, a fitted bodice, and a short wrap-style skirt that barely skimmed her thighs. Its hot pink, black, and brown geometric pattern featured sweeping diagonal stripes that gave the mini a bold, graphic finish.
An asymmetric panel crossed the front of the skirt, creating a layered effect and a subtle opening. The detail added dimension to the short silhouette without taking attention away from the vibrant print.

#jessica #chastain #added #detail

Chief Executive Officer Lip-Bu Tan purchased 150,000 shares of common stock across multiple trades priced between $64.71 and $64.74.
The strategic share acquisition follows Intel's Q3 2026 earnings release, which showed $16.5 billion in revenue, but shares suffered a sharp after-hours plunge driven by conservative fourth-quarter sales forecasts.
Investors are weighing cooling artificial intelligence capital expenditure (capex) cycles following a Democratic wave in mid-term elections.
Intel's (INTC) chief executive officer and director Lip-Bu Tan acquired 150,000 shares of common stock worth $9.7 million on Nov. 2 via his family trust, according to a regulatory filing on Wednesday.
Tan bought the stock through several open-market transactions at prices ranging from $64.705 to $64.735; the total investment amounted to approximately $9.71 million. The move could be seen as a vote of confidence as the semiconductor giant navigates supply chain pressures, fabrication hurdles at its Israel facility, and shifting demand in the personal computer market.

#shares #executive #million #market

Tuesday's midterm vote is behind us, and chip stocks came into it bruised. The VanEck Semiconductor ETF (NASDAQ:SMH) ended Election Day at $518.52. That was around 22% under the fund's highest close ever, set on June 22, but it still left the fund up about 44% in 2026.
What have chip stocks usually done over the 12 months after a midterm vote?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
I went back to the PHLX Semiconductor Index, a widely watched chip benchmark with daily data going back far enough to cover the past eight midterms. For each one, I compared the index's close on Election Day to its close on the same date a year later, on price alone.
The record's impressive. But I think where chip stocks start this time is a reason to lower expectations.

#election #midterm

One advantage of being 70 is that we keep getting invited to free dinners and lunches. Salespeople typically push annuities, Medicare plans and estate-planning services. So far in 2026 we have been to roughly a dozen of these free meals, and I'm going to four more in the next few weeks. It's good to be old! How lucky am I?
Dining for Free
Medicare prescription drug costs will jump 50% in 2027. Doing nothing could cost you.
Once election results are in, here's what investors should focus on next
Related: We stopped helping our neighbors with free home repairs and our friendship cooled. Who's to blame?

#free

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The queen of Spain makes outfit repeating look so good. Today, Queen Letizia attended the 30th Ibero-American Summit 2026 held at the Royal Collections Gallery in Madrid, Spain, and for the occasion, she brought out a favorite dress of hers: a one-shoulder midi from Madrid-based brand Delpozo.
The navy dress with a bare shoulder, midi sleeves, and a pencil detail has the most elegant silhouette—one which is made even more chic by the large rosette that adorns the covered shoulder.
Letizia, who regularly supports the Spanish heritage label, has pulled the dress out several times before, including to the 50th anniversary celebration of Spanish sports newspaper AS in 2017, on a trip to Paris in 2018, and for the Princesa de Asturias Awards in 2020, at the peak of the COVID-19 pandemic.
OSCAR DEL POZO - Getty Images

#shoulder #letizia #madrid #hearst

A $310,000 taxable gain from selling an S&P 500 fund pushes a single filer's MAGI to $390,000, triggering $6,355 in annual Medicare IRMAA surcharges two years later.
Selling all at once costs $13,575 in combined surcharges and investment taxes, which is cheaper than splitting the sale over two or three years due to compounding IRMAA brackets.
Rebalancing stocks to bonds inside a traditional or Roth IRA avoids MAGI impact entirely, since those trades never appear on Form 1040.
Building a portfolio and living off one are two completely different skills, and almost ****** ody teaches the second. This problem is what The Definitive Guide to Retirement Income helps, and it is free today. Read more here. (Sponsor)
Consider a hypothetical 68-year-old who bought an S&P 500 index fund in a taxable brokerage account in 1996. He now wants less stock risk and plans to sell and move into bonds. The 10-year Treasury yielded 4.91% on November 2, so the switch looks reasonable. For a sense of scale, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) has risen 466.8% in price since November 1999 alone.

#irmaa #november #years #bonds

Democrats in Congress gained the power Tuesday night to more forcefully investigate President Trump and rein in his agenda, setting up confrontations that are likely to define the final two years of his presidency.
As party leaders on Wednesday celebrated retaking the House and Senate, they vowed to put Trump and his administration on the defensive with subpoenas and hearings, a role that voters made clear they want them to play. But they also said the top priority would be the issue that swept them to power: making life more affordable.
"We are going to work hard to drive costs down with the president or without him, period," Sen. Chuck Schumer, who is poised to become Senate majority leader, said at a news conference.
Schumer's fellow New Yorker and the House Democratic leader, Rep. Hakeem Jeffries, echoed those priorities on CNN: "We ran on affordability, we won decisively on affordability, and now we have a responsibility to govern on affordability."
With power split between the legislative and executive branches, to what degree Washington avoids gridlock will depend on how Trump wields his veto pen and how the Democrats negotiate with him — and how they follow through on pledges to investigate what they called a corrupt administration.

#democrats #president #administration #leader

(Bloomberg) -- President Donald Trump's social media company and meme coin both plunged after Democrats won a decisive victory in the midterm elections, dinging the multibillion-dollar fortune of a president whose slew of new business ventures became a defining feature of his second term.
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#president #offers

WASHINGTON (AP) — President Donald Trump reacted Wednesday to Republicans' midterm election losses by showing off the White House ballroom he's building as he demonstrated the kind of detached behavior that voters around the country said was a key reason they opted to punish his party.
In an extraordinary scene, Trump summoned reporters to the hulking construction site that he demolished the East Wing to make room for and the Republican president spoke for nearly 20 minutes about minute building details. He did not mention his party losing control of Congress after defeats in some of the country's deepest GOP strongholds, including Texas and South Carolina, or voter concerns about the high cost of living and federal corruption that helped cause the election losses.
"This has been a structure the likes of which has never been seen anywhere," Trump said, speaking into a microphone that sent loud feedback echoing around the cavernous ***** e.
He talked at length about how the ballroom would be the "safest place in Washington" upon completion, stretching five stories underground and featuring a cut of marble that he called "a vein that people have been after for 50 years."
"We have large staircases coming from the kitchen. If I put the kitchen on top, you would lose three walls, because a kitchen takes about 30% of the ***** e," Trump said of his choice to make the ballroom's kitchen subterranean.

#president #election

Fidelity National Information Services reported third quarter 2026 sales of US$3.45b and net income of US$356m, and also affirmed a US$0.44 quarterly dividend payable in late December.
The business paired stronger earnings with a lower 2026 outlook, paused buybacks to cut debt, and announced CFO James Kehoe's departure, which sharpened the focus on execution and balance sheet discipline.
We will now look at how Fidelity National Information Services' lowered guidance and CFO transition could reshape the broader investment narrative.
Spot 30 resilient stocks with low risk scores that pair steadier balance sheets with more predictable outlooks if Fidelity National Information Services' guidance cut and CFO change leave you wanting a smoother ride.
For an investor to stay with Fidelity National Information Services, the core belief is that its mix of banking, payments and capital markets software can keep shifting toward higher margin, recurring contracts, even as client behavior gets choppier. The Q3 2026 report supports that thesis on execution, with higher sales, stronger net income and better earnings per share from continuing operations.

#national

Coffee chain Dutch Bros (NYSE:BROS) met Wall Street's revenue expectations in Q3 2026, with revenue up 29.8% year on year to $549.8 million. On the other hand, the company's full-year revenue guidance of $2.1 billion at the midpoint came in 1.5% below ******* ysts' consensus estimates. Its GAAP profit of $0.20 per share was in line with ******* ysts' consensus estimates.
For more on Dutch Bros, read our full research report.
Revenue $549.8 million vs S&P ******* ysts' consensus estimates of $548.8 million (29.8% year-on-year growth, in line)
EPS (GAAP) $0.20 vs ******* ysts' consensus estimates of $0.21 (in line)
Adjusted EBITDA $101.1 million vs ******* ysts' consensus estimates of $97.47 million (18.4% margin, 3.7% beat)

#million

Premiums for Medicare prescription drug coverage will jump an average of 50% in 2027, which may push normally complacent enrollees to shop around during this open-enrollment period.
The estimated average monthly premium for Medicare Part D stand-alone prescription drug plans (PDPs) is projected to be $51 in 2027, a 50% increase over 2026, when that figure was $34, according to KFF, a healthcare research and policy firm. Average monthly premiums for the eight national prescription drug plans are projected to range from around $6 to $204 in 2027, KFF said.
These stocks have soared the most today after the Democrats trounced Trump
Midterm elections deliver a 'blue wave.' The stock market sees green.
"With some plans increasing premiums substantially, the stakes are higher this year for people with Medicare stand-alone drug coverage if they sit on the sidelines during open enrollment," said Juliette Cubanski, a vice president and director of the program on Medicare policy at KFF. "There are relatively low-premium PDP options, but people facing large premium increases need to take action if they want to avoid paying significantly more."

#medicare #premium #around

A $450,000 IRA withdrawal to buy a condo counts as taxable income, pushing a couple's MAGI to $550,000 and triggering $12,710 in extra Medicare premiums for 2028.
Social Security sets IRMAA using tax returns from two years prior, so a 2026 withdrawal raises 2028 premiums and Form SSA-44 offers no relief for voluntary withdrawals.
Spreading IRA withdrawals over four years at $112,500 annually keeps MAGI below the surcharge threshold, while splitting across just two years saves almost nothing.
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A married couple, both 66, find the condo they want to retire to. It costs $450,000. They want to own it outright, so they plan to withdraw $450,000 from his traditional IRA this year, before accounting for the taxes they'll owe. Two years from now, Social Security will send each of them a letter with a Medicare bill neither one planned for.

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