4 hours ago
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The Pope had previously quoted a1963 unpublished protest song of Dylan's in his own 2026 book, Disarmed and Disarming: Peace Is a Gift.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
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The Pope had previously quoted a1963 unpublished protest song of Dylan's in his own 2026 book, Disarmed and Disarming: Peace Is a Gift.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
4 hours ago
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
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
4 hours ago
The president said the defense secretary is "doing a great job."
President Donald Trump said Wednesday that Defense Secretary Pete Hegseth would remain on the job, even as he acknowledged that the war with Iran had contributed to Republicans' sweeping midterm losses and as Democrats prepare to use their new congressional majority to potentially investigate the Pentagon chief.
Trump dismissed the possibility of replacing Hegseth, telling reporters he was "doing a great job." When asked about speculation that Hegseth is eyeing Republican Sen. Marsha Blackburn's soon-to-be-vacated Tennessee seat, Trump predicted the defense secretary would be "very popular" in the state.
Blackburn, who won Tennessee's gubernatorial race Tuesday, declined to weigh in on who might be picked to fill her Senate seat. Asked about who would be appointed, she said, "It's not a conversation for today."
Trump's remarks come as Republicans grapple with the political fallout from the eight-month war with Iran, which has driven up gas prices and fueled voter frustration over the cost of living. The war and its economic consequences are widely seen as a major factor in Republicans' crushing midterm defeat.
#Trump #defense
President Donald Trump said Wednesday that Defense Secretary Pete Hegseth would remain on the job, even as he acknowledged that the war with Iran had contributed to Republicans' sweeping midterm losses and as Democrats prepare to use their new congressional majority to potentially investigate the Pentagon chief.
Trump dismissed the possibility of replacing Hegseth, telling reporters he was "doing a great job." When asked about speculation that Hegseth is eyeing Republican Sen. Marsha Blackburn's soon-to-be-vacated Tennessee seat, Trump predicted the defense secretary would be "very popular" in the state.
Blackburn, who won Tennessee's gubernatorial race Tuesday, declined to weigh in on who might be picked to fill her Senate seat. Asked about who would be appointed, she said, "It's not a conversation for today."
Trump's remarks come as Republicans grapple with the political fallout from the eight-month war with Iran, which has driven up gas prices and fueled voter frustration over the cost of living. The war and its economic consequences are widely seen as a major factor in Republicans' crushing midterm defeat.
#Trump #defense
9 hours ago
By John Kruzel
WASHINGTON, Nov 4 (Reuters) - The US midterm election landslide that gives Democrats control of Congress starting in January is fueling questions about the longevity of the Supreme Court's two eldest justices, Clarence Thomas and Samuel Alito, and the durability of its conservative majority.
As Republicans prepare to cede control of the Senate to Democrats for the next two years or more, some conservative commentators already are expressing concerns about the health prospects of Thomas, 78, and Alito, 76, placing renewed focus on their continued service on the top US judicial body.
The US Constitution assigns the Senate the power to confirm a president's judicial nominations. With a Senate majority, Democrats can block any nominations that Republican President Donald Trump would make to fill potential Supreme Court vacancies, just as Republicans blocked Democratic President Barack Obama from filling one in 2016.
Thomas has given no public indication of wanting to step down. Alito said last month he would remain for the duration of the current nine-month term, which began in October, even if Democrats were to retake the Senate. Thomas and Alito did not immediately respond to questions from Reuters about whether they are considering retiring.
#questions
WASHINGTON, Nov 4 (Reuters) - The US midterm election landslide that gives Democrats control of Congress starting in January is fueling questions about the longevity of the Supreme Court's two eldest justices, Clarence Thomas and Samuel Alito, and the durability of its conservative majority.
As Republicans prepare to cede control of the Senate to Democrats for the next two years or more, some conservative commentators already are expressing concerns about the health prospects of Thomas, 78, and Alito, 76, placing renewed focus on their continued service on the top US judicial body.
The US Constitution assigns the Senate the power to confirm a president's judicial nominations. With a Senate majority, Democrats can block any nominations that Republican President Donald Trump would make to fill potential Supreme Court vacancies, just as Republicans blocked Democratic President Barack Obama from filling one in 2016.
Thomas has given no public indication of wanting to step down. Alito said last month he would remain for the duration of the current nine-month term, which began in October, even if Democrats were to retake the Senate. Thomas and Alito did not immediately respond to questions from Reuters about whether they are considering retiring.
#questions
11 hours ago
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
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
12 hours ago
Tesla (TSLA) and **** eX (SPCX) stock fell on Wednesday after Democrats took control of both houses of Congress in a "Blue Wave" that flipped Texas, home to both companies, with potential implications for CEO Elon Musk.
Musk spent $224 million backing Texas Republicans, including $158 million in September alone, per The New York Times, part of at least $446 million he gave to Republican candidates and groups before the vote. Democrat Gina Hinojosa unseated Gov. Greg Abbott to become the first Democratic governor of Texas since 1990, and Democrat James Talarico beat Republican Ken Paxton for the Senate seat.
Tesla and **** eX both dropped by over 2% despite the broad market rally, which includes Big Tech.
"Both of these stocks have major headline risk if we get a blue sweep," Vikram Rai of FirstNew York told Bloomberg ahead of the election.
#tesla #democrat
Musk spent $224 million backing Texas Republicans, including $158 million in September alone, per The New York Times, part of at least $446 million he gave to Republican candidates and groups before the vote. Democrat Gina Hinojosa unseated Gov. Greg Abbott to become the first Democratic governor of Texas since 1990, and Democrat James Talarico beat Republican Ken Paxton for the Senate seat.
Tesla and **** eX both dropped by over 2% despite the broad market rally, which includes Big Tech.
"Both of these stocks have major headline risk if we get a blue sweep," Vikram Rai of FirstNew York told Bloomberg ahead of the election.
#tesla #democrat
12 hours ago
(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.
Most Read from Bloomberg
Morgan Stanley Offers $2.3 Billion Debt for Dell Family Deal
Democrats Sweep to Control of Congress in Rebuke of Trump
What the Democrats' Sweep of Congress Means for Trump
#president #offers
Most Read from Bloomberg
Morgan Stanley Offers $2.3 Billion Debt for Dell Family Deal
Democrats Sweep to Control of Congress in Rebuke of Trump
What the Democrats' Sweep of Congress Means for Trump
#president #offers
12 hours ago
The battle for control of Congress got the lion's share of the attention on Tuesday, but there were a lot of other consequential measures on the ballots that could have a direct impact on voters' lives.
Ballot measures often don't receive much national focus, but every two years, voters across the country decide whether to adopt policies that have major implications for their states. This year was no different.
There were more than 140 measures on the ballot across 40 states. Many touched on some of the biggest issues in U.S. politics, including abortion, transgender rights, voting and the democratic process itself.
Ballot measures can give the people a way to directly alter the laws in their states instead of relying solely on their elected representatives to create policy on their behalf. In some cases, they provide an opportunity for voters to endorse or reject something their state legislature wants to do. In others, regular citizens can get their preferred policy on the ballot directly through a signature-gathering campaign.
Here's a rundown of the results of some of the major measures on statewide ballots this year.
#voters #states #ballots #directly
Ballot measures often don't receive much national focus, but every two years, voters across the country decide whether to adopt policies that have major implications for their states. This year was no different.
There were more than 140 measures on the ballot across 40 states. Many touched on some of the biggest issues in U.S. politics, including abortion, transgender rights, voting and the democratic process itself.
Ballot measures can give the people a way to directly alter the laws in their states instead of relying solely on their elected representatives to create policy on their behalf. In some cases, they provide an opportunity for voters to endorse or reject something their state legislature wants to do. In others, regular citizens can get their preferred policy on the ballot directly through a signature-gathering campaign.
Here's a rundown of the results of some of the major measures on statewide ballots this year.
#voters #states #ballots #directly
12 hours ago
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
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
12 hours ago
WASHINGTON (AP) — At the urging of President Donald Trump, Republicans in eight states redrew the boundaries of dozens of congressional districts over the past year while angling for an edge that could help them hold onto a slim House majority in a tough midterm election.
Ultimately, it didn't work.
Republicans lost most of the Democratic-held seats they had targeted to flip, lost others they had banked on retaining and got swept out of power by a Democratic surge fueled by voter dissatisfaction with Trump, the economy and the war with Iran.
The Republican redistricting plan fell flat in Alabama, Florida and Texas. It got scuttled by courts in Missouri and then firmly defeated by its voters Tuesday. And it got offset in California, where a retaliatory Democratic redistricting flipped all five of the Republican-held seats it targeted.
"This is a catastrophic rebuke of Donald Trump's failed effort to gerrymander the country into oblivion to save the U.S. House of Representatives for himself," John Bisognano, president of the National Democratic Redistricting Committee, said Wednesday.
#redistricting #donald #House
Ultimately, it didn't work.
Republicans lost most of the Democratic-held seats they had targeted to flip, lost others they had banked on retaining and got swept out of power by a Democratic surge fueled by voter dissatisfaction with Trump, the economy and the war with Iran.
The Republican redistricting plan fell flat in Alabama, Florida and Texas. It got scuttled by courts in Missouri and then firmly defeated by its voters Tuesday. And it got offset in California, where a retaliatory Democratic redistricting flipped all five of the Republican-held seats it targeted.
"This is a catastrophic rebuke of Donald Trump's failed effort to gerrymander the country into oblivion to save the U.S. House of Representatives for himself," John Bisognano, president of the National Democratic Redistricting Committee, said Wednesday.
#redistricting #donald #House
15 hours ago
Stocks soared Wednesday as investors reacted to a clean sweep by Democrats in the midterm election.
Stocks were initially down when results started to roll in Tuesday night, in part due to fears of a data center crackdown, but futures turned green later in the evening, and all three major indexes soared on Wednesday.
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 »
It wasn't immediately clear why stocks jumped on the results, though it appeared to be a combination of several factors. Investors were glad to see pushback on the Trump administration validated, including on inflation and the war in Iran. Investors tend to like a divided government, and with Democrats gaining solid control of both houses of Congress, they clearly have that. Finally, President Trump was surprisingly conciliatory, saying he would "absolutely accept the results of the election," and was willing to work with Democrats, which could pave the way to a productive Congressional term.
Among the winning sectors today was housing, which has languished over the last two years due to high mortgage rates and weak housing turnover. The State Street SPDR S&P Homebuilders ETF (NYSEMKT:XHB) closed up 5.4%, reaching its highest point in more than two months, while Home Depot (NYSE:HD) and Lowe's (NYSE:LOW), the two leading home improvement retailers, were up as well. Home Depot finished up 6.5%, and Lowe's jumped 7.5%.
#home
Stocks were initially down when results started to roll in Tuesday night, in part due to fears of a data center crackdown, but futures turned green later in the evening, and all three major indexes soared on Wednesday.
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 »
It wasn't immediately clear why stocks jumped on the results, though it appeared to be a combination of several factors. Investors were glad to see pushback on the Trump administration validated, including on inflation and the war in Iran. Investors tend to like a divided government, and with Democrats gaining solid control of both houses of Congress, they clearly have that. Finally, President Trump was surprisingly conciliatory, saying he would "absolutely accept the results of the election," and was willing to work with Democrats, which could pave the way to a productive Congressional term.
Among the winning sectors today was housing, which has languished over the last two years due to high mortgage rates and weak housing turnover. The State Street SPDR S&P Homebuilders ETF (NYSEMKT:XHB) closed up 5.4%, reaching its highest point in more than two months, while Home Depot (NYSE:HD) and Lowe's (NYSE:LOW), the two leading home improvement retailers, were up as well. Home Depot finished up 6.5%, and Lowe's jumped 7.5%.
#home
17 hours ago
US stocks jumped on Wednesday after Democrats won control of both chambers of Congress in a seismic midterm election, paving the way for a divided government.
The Dow Jones Industrial Average (^DJI) rose 3%, or over 1,500 points, while the S&P 500 (^GSPC) climbed 1.7%. The Nasdaq Composite (^IXIC) traded up by 1.6% amid a post-election relief rally.
Markets swiftly repriced a Democratic sweep of the House and Senate — and the potential for ballot measures and newly elected officials to restrict data center construction. Chip stocks, including Nvidia (NVDA) and Micron (MU), fell. Meanwhile, other parts of the tech sector offset some of those losses, with Apple (AAPL) and Microsoft (MSFT) each hitting all-time highs.
Investors will also be watching for policy actions on housing and pharmaceuticals in the aftermath of the election. As Yahoo Finance's Jared Blikre pointed out on Tuesday, midterm elections have a history of shaping stock performance in the near term but don't tend to move markets much over the long term.
On the economic front, ISM and S&P data showed that US services activity expanded at a slower pace in October as businesses continued to grapple with elevated costs. Private-sector hiring, meanwhile, continued to show strength in October as an ADP report indicated "pretty solid job growth."
#election #october #continued
The Dow Jones Industrial Average (^DJI) rose 3%, or over 1,500 points, while the S&P 500 (^GSPC) climbed 1.7%. The Nasdaq Composite (^IXIC) traded up by 1.6% amid a post-election relief rally.
Markets swiftly repriced a Democratic sweep of the House and Senate — and the potential for ballot measures and newly elected officials to restrict data center construction. Chip stocks, including Nvidia (NVDA) and Micron (MU), fell. Meanwhile, other parts of the tech sector offset some of those losses, with Apple (AAPL) and Microsoft (MSFT) each hitting all-time highs.
Investors will also be watching for policy actions on housing and pharmaceuticals in the aftermath of the election. As Yahoo Finance's Jared Blikre pointed out on Tuesday, midterm elections have a history of shaping stock performance in the near term but don't tend to move markets much over the long term.
On the economic front, ISM and S&P data showed that US services activity expanded at a slower pace in October as businesses continued to grapple with elevated costs. Private-sector hiring, meanwhile, continued to show strength in October as an ADP report indicated "pretty solid job growth."
#election #october #continued
18 hours ago
Voters in seven states weighed in on property tax relief measures on Tuesday, part of an ongoing property tax revolt that has developed in recent years as home prices and **** sed values soared while incomes have largely failed to keep up. The outcomes were mixed, with voters in Florida and North Carolina overwhelmingly approving amendments designed to cut or cap taxes, while Wyoming and Oklahoma voters rejected tax-limiting measures.
The split results reflect the complicated trade-offs between limiting unpopular and fast-rising taxes and funding public services.
"Property tax bills are rising far faster than inflation and even home valuations," said Nicole Fox, a policy **** yst at the Tax Foundation. "People are noticing."
Read more: Democrats win Congress, eye healthcare, tariffs, and Trump's allies
The most sweeping effort to lower taxes came in Florida, where 62% of voters approved a major property tax cut that will increase the amount of a home's value that can be exempted from non-school homestead property taxes, effectively eliminating those taxes entirely in some parts of the state.
#measures #rising #tuesday
The split results reflect the complicated trade-offs between limiting unpopular and fast-rising taxes and funding public services.
"Property tax bills are rising far faster than inflation and even home valuations," said Nicole Fox, a policy **** yst at the Tax Foundation. "People are noticing."
Read more: Democrats win Congress, eye healthcare, tariffs, and Trump's allies
The most sweeping effort to lower taxes came in Florida, where 62% of voters approved a major property tax cut that will increase the amount of a home's value that can be exempted from non-school homestead property taxes, effectively eliminating those taxes entirely in some parts of the state.
#measures #rising #tuesday
19 hours ago
Tech billionaire Elon Musk joked on Wednesday about Republicans' defeat in US midterm elections after spending hundreds of millions of dollars to help the party.
Democrats seized control of the US Congress on Tuesday, capturing both the Senate and House of Representatives in a stunning rejection of President Donald Trump's political agenda.
"Guess my election-interfering **** e lasers didn't work this time," Musk said on X, including the shrug emoji.
Musk contributed nearly half a billion dollars to Republican political efforts, making him the largest individual contributor in a federal election cycle since unlimited election spending was allowed in 2010, according to campaign finance tracker OpenSecrets.
His donations have mostly gone to his Republican-leaning America PAC, as well as to the Republican Senate Leadership Fund (SLF) super PAC.
#republican #senate #spending #dollars
Democrats seized control of the US Congress on Tuesday, capturing both the Senate and House of Representatives in a stunning rejection of President Donald Trump's political agenda.
"Guess my election-interfering **** e lasers didn't work this time," Musk said on X, including the shrug emoji.
Musk contributed nearly half a billion dollars to Republican political efforts, making him the largest individual contributor in a federal election cycle since unlimited election spending was allowed in 2010, according to campaign finance tracker OpenSecrets.
His donations have mostly gone to his Republican-leaning America PAC, as well as to the Republican Senate Leadership Fund (SLF) super PAC.
#republican #senate #spending #dollars
19 hours ago
The 2026 midterm results are in, and the Democrats won in a landslide. So what does this mean for Sandisk (NASDAQ:SNDK) stock? Apparently, nothing good.
Shares of the NAND flash memory giant sold off 8.6% through 11:50 a.m. ET Wednesday as nervous investors wonder what a sea change in government might mean for artificial intelligence data centers -- and for Sandisk's sales of memory to outfit them.
Missed AI's "Act 1"? Act 2 Could Be 16x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ****** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
Image source: Getty Images.
StreetInsider.com is blaming the midterm election results for "renewed selling pressure" on AI and memory chip stocks. As the thinking goes, "potential tighter oversight of AI infrastructure and data-center expansion" would be bad news for memory sales growth, and a Democratic Congress is seen as more likely to pass such regulations than the former Republican-led Congress was. And some Wall Street ****** ysts agree. As the election approached, Fox Advisors downgraded Sandisk stock to equalweight, and Wells Fargo cut its price target on the stock.
#Stock #midterm
Shares of the NAND flash memory giant sold off 8.6% through 11:50 a.m. ET Wednesday as nervous investors wonder what a sea change in government might mean for artificial intelligence data centers -- and for Sandisk's sales of memory to outfit them.
Missed AI's "Act 1"? Act 2 Could Be 16x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ****** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
Image source: Getty Images.
StreetInsider.com is blaming the midterm election results for "renewed selling pressure" on AI and memory chip stocks. As the thinking goes, "potential tighter oversight of AI infrastructure and data-center expansion" would be bad news for memory sales growth, and a Democratic Congress is seen as more likely to pass such regulations than the former Republican-led Congress was. And some Wall Street ****** ysts agree. As the election approached, Fox Advisors downgraded Sandisk stock to equalweight, and Wells Fargo cut its price target on the stock.
#Stock #midterm
19 hours ago
US stocks jumped on Wednesday after Democrats won control of both chambers of Congress in a seismic midterm election, paving the way for a divided government.
The Dow Jones Industrial Average (^DJI) rose 2.8%, or around 1,400 points, while the S&P 500 (^GSPC) climbed 1.7%. The Nasdaq Composite (^IXIC) traded up by 1.8% as Apple (AAPL) and Microsoft (MSFT) stocks touched record highs.
Markets swiftly repriced a Democratic sweep of the House and Senate — and the potential for ballot measures and newly elected officials to restrict data center construction. Chip stocks, including Nvidia (NVDA) and Micron (MU), fell more than 1%. Meanwhile, other parts of the tech sector offset some of those losses with Apple (AAPL) and Microsoft (MSFT) each hitting all-time highs.
Investors will also be watching for policy actions on housing and pharmaceuticals in the aftermath of the election.
As Yahoo Finance's Jared Blikre pointed out on Tuesday, midterm elections have a history of shaping stock performance in the near term but don't tend to move markets much over the long term.
#midterm #highs
The Dow Jones Industrial Average (^DJI) rose 2.8%, or around 1,400 points, while the S&P 500 (^GSPC) climbed 1.7%. The Nasdaq Composite (^IXIC) traded up by 1.8% as Apple (AAPL) and Microsoft (MSFT) stocks touched record highs.
Markets swiftly repriced a Democratic sweep of the House and Senate — and the potential for ballot measures and newly elected officials to restrict data center construction. Chip stocks, including Nvidia (NVDA) and Micron (MU), fell more than 1%. Meanwhile, other parts of the tech sector offset some of those losses with Apple (AAPL) and Microsoft (MSFT) each hitting all-time highs.
Investors will also be watching for policy actions on housing and pharmaceuticals in the aftermath of the election.
As Yahoo Finance's Jared Blikre pointed out on Tuesday, midterm elections have a history of shaping stock performance in the near term but don't tend to move markets much over the long term.
#midterm #highs
19 hours ago
The results of the 2026 midterm elections have delivered a series of historic wins, with candidates across the country breaking barriers — and glass ceilings — at the ballot box. The results come amid a sweeping Democratic victory in a battle for control of Congress, with both chambers shifting from Republican to Democratic majorities starting in January.
Among the headline-making victories are the nation's first Black woman governor, the first Native American woman governor, the first Muslim U.S. senator and the first openly gay man elected to the Senate.
Here's a closer look at the historic wins of the 2026 midterms.
Abdul El-Sayed
Democrat Abdul El-Sayed makes remarks in Detroit, Mich., on Nov. 4.
#democratic #wins
Among the headline-making victories are the nation's first Black woman governor, the first Native American woman governor, the first Muslim U.S. senator and the first openly gay man elected to the Senate.
Here's a closer look at the historic wins of the 2026 midterms.
Abdul El-Sayed
Democrat Abdul El-Sayed makes remarks in Detroit, Mich., on Nov. 4.
#democratic #wins
19 hours ago
Democrats retook power in Washington on Tuesday, flipping key House and Senate seats to command majorities in both chambers of Congress.
The power shift creates a new platform for Democrats to launch investigations of President Trump's economic allies — Elon Musk, to name one — and pass bills that may be unlikely to become law but will mark a sharp change in the political climate for business leaders and economic issues after two years of unified Republican control.
The change also appears set to elevate figures like Democratic Sen. Elizabeth Warren and others to prominent positions with oversight over economic policy.
Read more: What a Democratic sweep means for stocks
Democrats are planning "a shock-and-awe legislative sprint," the New York Times reported, on issues like healthcare subsidies and Trump's tariffs, which could prompt a wave of bills to pass the House but stall against the 60-vote threshold in the Senate. Even in the minority, Senate rules mean Republicans retain the power to stop legislation.
#issues
The power shift creates a new platform for Democrats to launch investigations of President Trump's economic allies — Elon Musk, to name one — and pass bills that may be unlikely to become law but will mark a sharp change in the political climate for business leaders and economic issues after two years of unified Republican control.
The change also appears set to elevate figures like Democratic Sen. Elizabeth Warren and others to prominent positions with oversight over economic policy.
Read more: What a Democratic sweep means for stocks
Democrats are planning "a shock-and-awe legislative sprint," the New York Times reported, on issues like healthcare subsidies and Trump's tariffs, which could prompt a wave of bills to pass the House but stall against the 60-vote threshold in the Senate. Even in the minority, Senate rules mean Republicans retain the power to stop legislation.
#issues
19 hours ago
WASHINGTON — House Speaker Mike Johnson told staff on Wednesday morning that he would not run for minority leader after Republicans lost control of Congress in the midterm elections, two sources familiar with the announcement said.
Johnson handily won reelection to his Louisiana congressional district. But members of his party lost across the country on an election night that will put Democrats in the majority in the House and Senate in the next legislative session.
Among the likely contenders to try to replace Johnson as House leader are fellow Louisiana Rep. Steve Scalise, the current majority leader, and Ohio Rep. Jim Jordan, the current House Judiciary Committee chairman.
A person familiar with situation said Johnson did not want to get in the way of Scalise's ambitions. Scalise previously ran for speaker in 2023 but dropped out after he was unable to consolidate Republican support. Johnson went on to become speaker of the House.
Some previous speakers have resigned their seats after stepping down, but Johnson is not expected to resign from Congress, a second person familiar with his thinking said. Johnson joked before the midterm election that he could return to his hometown of Shreveport and start a lawn-mowing business if Republicans were defeated. He later said it was a "tongue in cheek" comment.
#House #congress #scalise
Johnson handily won reelection to his Louisiana congressional district. But members of his party lost across the country on an election night that will put Democrats in the majority in the House and Senate in the next legislative session.
Among the likely contenders to try to replace Johnson as House leader are fellow Louisiana Rep. Steve Scalise, the current majority leader, and Ohio Rep. Jim Jordan, the current House Judiciary Committee chairman.
A person familiar with situation said Johnson did not want to get in the way of Scalise's ambitions. Scalise previously ran for speaker in 2023 but dropped out after he was unable to consolidate Republican support. Johnson went on to become speaker of the House.
Some previous speakers have resigned their seats after stepping down, but Johnson is not expected to resign from Congress, a second person familiar with his thinking said. Johnson joked before the midterm election that he could return to his hometown of Shreveport and start a lawn-mowing business if Republicans were defeated. He later said it was a "tongue in cheek" comment.
#House #congress #scalise
19 hours ago
Your retirement savings could get a boost or face new tax consequences, depending on what happens after the November midterm elections.
Congress is weighing proposals that could double federal retirement savings incentives for eligible workers while forcing some wealthy Americans to withdraw more money from their accounts.
Read More: Worried about market swings? See why investors are moving to gold and silver IRAs
Find Out: FREE 2026 Investor Guide + Up to $25,000 in Silver with Qualifying Purchases
The stakes extend beyond millionaires. Changes to tax rules could also affect how much you save in your 401(k), when you convert an IRA to a Roth and how much of your retirement money you ultimately keep.
#Retirement #savings #money
Congress is weighing proposals that could double federal retirement savings incentives for eligible workers while forcing some wealthy Americans to withdraw more money from their accounts.
Read More: Worried about market swings? See why investors are moving to gold and silver IRAs
Find Out: FREE 2026 Investor Guide + Up to $25,000 in Silver with Qualifying Purchases
The stakes extend beyond millionaires. Changes to tax rules could also affect how much you save in your 401(k), when you convert an IRA to a Roth and how much of your retirement money you ultimately keep.
#Retirement #savings #money
20 hours ago
FNMA surged 9% and FMCC 7% on Election Day, marking their fourth straight gain as Ackman publicly pushed for their conservatorship exit.
Ackman's Pershing Square owns more than 200 million combined shares and argues the president can release the GSEs without Congress.
Bessent set the conservatorship exit timeline at "next year, the year after," with the condition that agency mortgage spreads do not increase.
Just released. Our ***** ysts combed the entire stock market and named the ten best stocks to buy right now, and Pershing Square didn't make the cut. Enter your email to see the names that beat PS. The report is free. Enter your email and see if any of your stocks made the cut.
Fannie Mae closed at $5.56 on November 3, 2026, up 8.81%. Freddie Mac rose 6.61% to $5.00, marking the fourth straight gain for both.
#enter
Ackman's Pershing Square owns more than 200 million combined shares and argues the president can release the GSEs without Congress.
Bessent set the conservatorship exit timeline at "next year, the year after," with the condition that agency mortgage spreads do not increase.
Just released. Our ***** ysts combed the entire stock market and named the ten best stocks to buy right now, and Pershing Square didn't make the cut. Enter your email to see the names that beat PS. The report is free. Enter your email and see if any of your stocks made the cut.
Fannie Mae closed at $5.56 on November 3, 2026, up 8.81%. Freddie Mac rose 6.61% to $5.00, marking the fourth straight gain for both.
#enter
22 hours ago
Democrats retook power in Washington on Tuesday, flipping key House and Senate seats to command majorities in both chambers of Congress.
The power shift creates a new platform for Democrats to launch investigations of President Trump's economic allies — Elon Musk, to name one — and pass bills that may be unlikely to become law but will mark a sharp change in the political climate for business leaders and economic issues after two years of unified Republican control.
The change also appears set to elevate figures like Democratic Sen. Elizabeth Warren and others to prominent positions with oversight over economic policy.
Read more: What a Democratic sweep means for stocks
Democrats are planning "a shock-and-awe legislative sprint," the New York Times reported, on issues like healthcare subsidies and Trump's tariffs, which could prompt a wave of bills to pass the House but stall against the 60-vote threshold in the Senate. Even in the minority, Senate rules mean Republicans retain the power to stop legislation.
#senate #change
The power shift creates a new platform for Democrats to launch investigations of President Trump's economic allies — Elon Musk, to name one — and pass bills that may be unlikely to become law but will mark a sharp change in the political climate for business leaders and economic issues after two years of unified Republican control.
The change also appears set to elevate figures like Democratic Sen. Elizabeth Warren and others to prominent positions with oversight over economic policy.
Read more: What a Democratic sweep means for stocks
Democrats are planning "a shock-and-awe legislative sprint," the New York Times reported, on issues like healthcare subsidies and Trump's tariffs, which could prompt a wave of bills to pass the House but stall against the 60-vote threshold in the Senate. Even in the minority, Senate rules mean Republicans retain the power to stop legislation.
#senate #change
23 hours ago
With mere hours left on Election Night before polling closes across America, traders on prediction market platform Polymarket are forecasting an 89% chance (as of 7 p.m. ET) that Democrats sweep and retake both the House of Representatives and the Senate. For context, Republicans enter the midterms with 218 of 435 House seats and 53 of 100 Senate seats.
The potential implications of midterm elections on the Dow Jones Industrial Average (DJINDICES:^DJI), S&P 500 (SNPINDEX:^GSPC), and Nasdaq Composite (NASDAQINDEX:^IXIC) are massive. If a "blue wave" does unfold, things could get dicey, at least over the short run, for a historically expensive stock market.
Missed AI's "Act 1"? Act 2 Could Be 16x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ***** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
President Trump may soon be working with a divided government. Image source: Official White House Photo by Molly Riley.
President Donald Trump hasn't been keen on the prospect of working with the opposition. In a recent Fox News interview, he proclaimed that "I guess I'll become Mr. Veto" if a blue wave takes shape, and has previously gone on record as stating that he'd "veto everything" sent to him by a Democrat-led Congress.
#House #senate #president #Trump
The potential implications of midterm elections on the Dow Jones Industrial Average (DJINDICES:^DJI), S&P 500 (SNPINDEX:^GSPC), and Nasdaq Composite (NASDAQINDEX:^IXIC) are massive. If a "blue wave" does unfold, things could get dicey, at least over the short run, for a historically expensive stock market.
Missed AI's "Act 1"? Act 2 Could Be 16x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ***** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
President Trump may soon be working with a divided government. Image source: Official White House Photo by Molly Riley.
President Donald Trump hasn't been keen on the prospect of working with the opposition. In a recent Fox News interview, he proclaimed that "I guess I'll become Mr. Veto" if a blue wave takes shape, and has previously gone on record as stating that he'd "veto everything" sent to him by a Democrat-led Congress.
#House #senate #president #Trump
24 hours ago
Throughout the day, Americans from across our great nation have headed to the polls or mailed in their ballots to make their voices heard. According to popular prediction market Kalshi, as of 8:50 p.m. ET, the odds have skyrocketed to better than 99% that Democrats will retake control of the House of Representatives. Regardless of what happens in the Senate, President Trump would be working with a divided Congress come January 2027.
Based on what history tells us, a split Congress can significantly alter annualized return expectations for the Dow Jones Industrial Average (DJINDICES:^DJI), S&P 500 (SNPINDEX:^GSPC), and Nasdaq Composite (NASDAQINDEX:^IXIC).
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 »
President Trump will likely be working with a divided Congress in the new year. Image source: Official White House Photo by Joyce N. Boghosian.
If prediction markets prove accurate and Democrats do retake one or both houses of Congress, President Donald Trump's second nonconsecutive term will mirror his first. He'll have had two years of full Republican congressional control in the first half of each term, and a divided Congress in the second half of both.
#NVIDIA #signal #divided
Based on what history tells us, a split Congress can significantly alter annualized return expectations for the Dow Jones Industrial Average (DJINDICES:^DJI), S&P 500 (SNPINDEX:^GSPC), and Nasdaq Composite (NASDAQINDEX:^IXIC).
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 »
President Trump will likely be working with a divided Congress in the new year. Image source: Official White House Photo by Joyce N. Boghosian.
If prediction markets prove accurate and Democrats do retake one or both houses of Congress, President Donald Trump's second nonconsecutive term will mirror his first. He'll have had two years of full Republican congressional control in the first half of each term, and a divided Congress in the second half of both.
#NVIDIA #signal #divided
24 hours ago
Democrats have regained control of Congress, winning back the U.S. House and Senate as Republican midterm losses mount.
Coming into the night, Republicans held 53 of the Senate's 100 seats, compared with 45 held by Democrats. To wrest back control of the Senate, Democrats needed a net gain of at least four seats. As at 6 a.m. ET on Wednesday, the Democrats had won 54 Senate seats to the GOP's 44.
Democrats won a series of key Senate seats. In Michigan, Abdul El-Sayed defeated Mike Rogers in one of the most closely watched races. James Talarico beat Republican Ken Paxton in Texas, becoming the first Democrat to win a U.S. Senate seat in the Lone Star State since 1988.
Annie Andrews beat GOP Sen. Darline Graham in South Carolina to flip a Senate seat. In Maine, Democrat Troy Jackson defeated incumbent GOP Sen. Susan Collins, putting an end to her three-decade tenure. Sen. Jon Ossoff comfortably won reelection in Georgia. Other Senate seats to flip to the Democratic Party included Roy Cooper in North Carolina and Sherrod Brown in Ohio.
In the 435-seat House, the GOP held 218 seats, compared with 214 held by Democrats. To retake control of the House, Democrats needed a net gain of three seats — and the AP said early Wednesday that the party had exceeded that figure.
#democrats #seat
Coming into the night, Republicans held 53 of the Senate's 100 seats, compared with 45 held by Democrats. To wrest back control of the Senate, Democrats needed a net gain of at least four seats. As at 6 a.m. ET on Wednesday, the Democrats had won 54 Senate seats to the GOP's 44.
Democrats won a series of key Senate seats. In Michigan, Abdul El-Sayed defeated Mike Rogers in one of the most closely watched races. James Talarico beat Republican Ken Paxton in Texas, becoming the first Democrat to win a U.S. Senate seat in the Lone Star State since 1988.
Annie Andrews beat GOP Sen. Darline Graham in South Carolina to flip a Senate seat. In Maine, Democrat Troy Jackson defeated incumbent GOP Sen. Susan Collins, putting an end to her three-decade tenure. Sen. Jon Ossoff comfortably won reelection in Georgia. Other Senate seats to flip to the Democratic Party included Roy Cooper in North Carolina and Sherrod Brown in Ohio.
In the 435-seat House, the GOP held 218 seats, compared with 214 held by Democrats. To retake control of the House, Democrats needed a net gain of three seats — and the AP said early Wednesday that the party had exceeded that figure.
#democrats #seat
24 hours ago
Yesterday, tens of millions of Americans made their voices heard by casting or mailing in their ballots. These votes have charted a new course for America, with Democrats taking firm control of the House of Representatives and the Senate, according to the **** ociated Press. Starting in early January, President Donald Trump will be working with a Democrat-led Congress.
This congressional shake-up is a big win for Democrats. But at the end of the day, there's an even bigger winner: Wall Street's major stock indexes -- the Dow Jones Industrial Average (DJINDICES:^DJI), S&P 500 (SNPINDEX:^GSPC), and Nasdaq Composite (NASDAQINDEX:^IXIC) -- and investors.
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 »
President Trump will be working with a Democrat-led Congress in early January. Image source: Official White House Photo by Daniel Torok.
President Trump has enjoyed a unified Republican government in the first two years of both of his nonconsecutive terms. In each case, Congress passed, and he signed into law, a major tax and spending bill. The Tax Cuts and Jobs Act (TCJA) (signed December 2017) permanently lowered the peak marginal corporate income tax rate to 21%, fueling S&P 500 share buybacks, while the Big, Beautiful Bill (signed July 2025) made the personal income tax bracket reductions from the TCJA permanent.
#president #Trump #NVIDIA #signal
This congressional shake-up is a big win for Democrats. But at the end of the day, there's an even bigger winner: Wall Street's major stock indexes -- the Dow Jones Industrial Average (DJINDICES:^DJI), S&P 500 (SNPINDEX:^GSPC), and Nasdaq Composite (NASDAQINDEX:^IXIC) -- and investors.
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 »
President Trump will be working with a Democrat-led Congress in early January. Image source: Official White House Photo by Daniel Torok.
President Trump has enjoyed a unified Republican government in the first two years of both of his nonconsecutive terms. In each case, Congress passed, and he signed into law, a major tax and spending bill. The Tax Cuts and Jobs Act (TCJA) (signed December 2017) permanently lowered the peak marginal corporate income tax rate to 21%, fueling S&P 500 share buybacks, while the Big, Beautiful Bill (signed July 2025) made the personal income tax bracket reductions from the TCJA permanent.
#president #Trump #NVIDIA #signal
10 days ago
Social Security provides about 30% of older Americans' household income, according to a Congressional Research Service report.
Earnings, pensions, retirement account withdrawals, and investments also contribute to older Americans' income.
Social Security's share of income rises with age, reaching about 40% among adults 80 and older.
You may envision relying on Social Security during retirement, but the data show older adults tend to depend on other income sources.
About 19% of Americans 65 and older whose households received Social Security relied on it for 90% or more of household income in 2019, according to a 2025 Congressional Research Service report. Other sources fill the gap, according to the **** ysis: earnings, pension and retirement fund payments, and income from **** ets. The report matched Social Security Administration records with survey responses and included people still working.
#Social #income #Retirement #Research
Earnings, pensions, retirement account withdrawals, and investments also contribute to older Americans' income.
Social Security's share of income rises with age, reaching about 40% among adults 80 and older.
You may envision relying on Social Security during retirement, but the data show older adults tend to depend on other income sources.
About 19% of Americans 65 and older whose households received Social Security relied on it for 90% or more of household income in 2019, according to a 2025 Congressional Research Service report. Other sources fill the gap, according to the **** ysis: earnings, pension and retirement fund payments, and income from **** ets. The report matched Social Security Administration records with survey responses and included people still working.
#Social #income #Retirement #Research
10 days ago
With the federal budget deficit at $2 trillion and debt-interest costs topping $1 trillion a year, it may be tempting to look for extra cash under the sofa cushions.
Urgency has grown in recent months as Treasury yields have soared to the highest levels in more than 20 years, putting more pressure on interest expenses.
The Treasury Department has tried some unconventional measures recently to take the heat off yields, including buybacks of more long-dated debt and its intervention to prop up the yen that let ***** an avoid selling its Treasuries.
Given such surprises, speculation has grown around even more far-out tactics. One idea that comes up from time to time is for the Treasury Department to price its immense gold holdings at market rates.
The U.S. has the world's largest gold reserves, which total about 261.5 million ounces, or more than double what No. 2 holder Germany has. But the U.S. ***** d's official price was set by Congress in 1973 at $42.22 per ounce, and it hasn't changed since.
#trillion #interest
Urgency has grown in recent months as Treasury yields have soared to the highest levels in more than 20 years, putting more pressure on interest expenses.
The Treasury Department has tried some unconventional measures recently to take the heat off yields, including buybacks of more long-dated debt and its intervention to prop up the yen that let ***** an avoid selling its Treasuries.
Given such surprises, speculation has grown around even more far-out tactics. One idea that comes up from time to time is for the Treasury Department to price its immense gold holdings at market rates.
The U.S. has the world's largest gold reserves, which total about 261.5 million ounces, or more than double what No. 2 holder Germany has. But the U.S. ***** d's official price was set by Congress in 1973 at $42.22 per ounce, and it hasn't changed since.
#trillion #interest
10 days ago
McALLEN, Texas (AP) — The Ford Expedition rumbled to a stop and Cindy Banda's bedazzled flip-flops landed on the asphalt of the Houston cancer center's vast parking lot. She threaded through the rows of cars, a tally of patients who gather here to sit with chemotherapy needles or lie on radiation machines.
The elevator dinged open. A year ago in this building, surgeons removed Banda's right breast, and she still didn't know whether treatment had expunged the cancer from her body. Doctors had told her it would be tough to beat.
"I'm more of a positive person myself," Banda said, now sitting with a white wristband in a dim waiting room. But the bills are harder to dismiss, and the single mother with six children in her care repeated something like a mantra. "Keep the house. Keep the cars. And just keep the kids stable."
That's true for many Americans, as rising healthcare costs leave more families with a sinking feeling after seeing the bill for surgery or medication. Heading into the Nov. 3 midterm elections, about half of registered voters said healthcare costs are a major problem for them and their families, up from a little more than one-third four years ago, according to a Fox News poll from September.
With party control of Congress at stake, registered voters are nearly twice as likely to say they trust Democrats over Republicans to handle healthcare, according to an ******* ociated Press-NORC Center for Public Affairs Research poll from the same month. Those frustrations, combined with broader concerns over rising prices, have sapped support for President Donald Trump and his Republican Party.
#keep #cancer #rising #families
The elevator dinged open. A year ago in this building, surgeons removed Banda's right breast, and she still didn't know whether treatment had expunged the cancer from her body. Doctors had told her it would be tough to beat.
"I'm more of a positive person myself," Banda said, now sitting with a white wristband in a dim waiting room. But the bills are harder to dismiss, and the single mother with six children in her care repeated something like a mantra. "Keep the house. Keep the cars. And just keep the kids stable."
That's true for many Americans, as rising healthcare costs leave more families with a sinking feeling after seeing the bill for surgery or medication. Heading into the Nov. 3 midterm elections, about half of registered voters said healthcare costs are a major problem for them and their families, up from a little more than one-third four years ago, according to a Fox News poll from September.
With party control of Congress at stake, registered voters are nearly twice as likely to say they trust Democrats over Republicans to handle healthcare, according to an ******* ociated Press-NORC Center for Public Affairs Research poll from the same month. Those frustrations, combined with broader concerns over rising prices, have sapped support for President Donald Trump and his Republican Party.
#keep #cancer #rising #families
10 days ago
Nearly one in three veterans who relies on the government for health care could benefit from taking psychedelic drugs like magic mushrooms or MDMA.
That's not the ******* sment of some hippie or fading 1960s rock star. It came from Andrew Gradison, a senior adviser at President Donald Trump's Veterans Health Administration. Gradison told a conference for psychedelics enthusiasts this month that he is eager to ramp up the VA's capacity to give the drugs to as many as 2.1 million veterans with mental illnesses like post-traumatic stress disorder or depression. Gradison said 6.4 million veterans regularly rely on the VA for care.
No government regulator has deemed psychedelics safe or effective for mental illness. Under former President Joe Biden, the Food and Drug Administration in 2024 resoundingly rejected a proposal to authorize MDMA — also known as ecstasy — combined with talk therapy, to treat people with PTSD.
But psychedelics are getting a second chance in the Trump administration. Trump in April issued an executive order to accelerate research, clinical trials and patient access to the drugs. Republicans in Congress are among psychedelics' biggest backers. And the constituency they are seeking to please, veterans, are disproportionately Republicans.
Veterans, frustrated with high suicide rates among their fellow ex-service members, are lobbying aggressively to see Trump follow through.
#Veterans #psychedelics #drugs #mdma
That's not the ******* sment of some hippie or fading 1960s rock star. It came from Andrew Gradison, a senior adviser at President Donald Trump's Veterans Health Administration. Gradison told a conference for psychedelics enthusiasts this month that he is eager to ramp up the VA's capacity to give the drugs to as many as 2.1 million veterans with mental illnesses like post-traumatic stress disorder or depression. Gradison said 6.4 million veterans regularly rely on the VA for care.
No government regulator has deemed psychedelics safe or effective for mental illness. Under former President Joe Biden, the Food and Drug Administration in 2024 resoundingly rejected a proposal to authorize MDMA — also known as ecstasy — combined with talk therapy, to treat people with PTSD.
But psychedelics are getting a second chance in the Trump administration. Trump in April issued an executive order to accelerate research, clinical trials and patient access to the drugs. Republicans in Congress are among psychedelics' biggest backers. And the constituency they are seeking to please, veterans, are disproportionately Republicans.
Veterans, frustrated with high suicide rates among their fellow ex-service members, are lobbying aggressively to see Trump follow through.
#Veterans #psychedelics #drugs #mdma
