Democrats secured majorities in both the Senate and the House of Representatives in the midterm elections, taking control of both chambers.
Vice President JD Vance distanced himself from President Trump's war on Iran on Wednesday, questioning its worth and blaming it for the electoral rebuke that delivered control of Congress to Democrats.
Israeli Prime Minister Netanyahu faces difficulties in securing another term as Arab parties holding the casting vote in forming a coalition have stepped up support for the opposition and some defections have appeared from allied parties.
World
FBI says North Korea orchestrated theft of over $6 billion in cryptocurrency from Binance exchange through the Lazarus Group.
Wall Street surged following Democrats' midterm landslide with Dow Jones rising over 1,000 points, though oil prices plunged more than 7%.
Top US Senate Democrat Chuck Schumer said Wednesday the Iran war "must end" and suggested Congress could use control over funding to press for that goal.
Business
Dow Jones surged over 1,000 points after Democrats won control of both Senate and House in midterm elections, easing political uncertainty.
NextDC data centre shares jumped 44% after Goodman and Digital Realty bought a 9.9% stake at a 45.5% premium, signalling a potential takeover target.
E.l.f. Beauty reported 51% revenue increase in fiscal Q2 2027, beating expectations and raising full-year guidance.
Technology
Canva announced it will lay off more than 1,200 workers, over one-fifth of its workforce, with staff notified via email yesterday.
Voters rejected data center ballot measures in all but one of more than 40 initiatives across the U.S., showing broad public opposition to data center development.
Data center shares fell despite Wall Street closing sharply higher following Democrats' midterm election victory, as investors feared tighter AI regulation.
Science
Researchers confirmed a remarkable third type of magnetism called altermagnetism, overturning nearly 90 years of scientific belief that magnetism had only two categories.
Astronomers identified a hidden companion star called Siwarha as the culprit mysteriously disturbing the red giant star Betelgeuse.
NASA is exploring a daring plan to save the legendary Hubble Space Telescope from its eventual fiery plunge into Earth's atmosphere.
Economy
Private-sector employment increased by 86,000 jobs in October according to the ADP National Employment Report.
October's increase exceeded the 69,000 jobs forecast by economists surveyed by Reuters.
The official October jobs report from the Bureau of Labor Statistics is due November 6 at 8:30 a.m. ET.
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