Markets

A Wall Street investment chief says a divided government is a better outcome for stocks than a ‘blue wave’ — and sees 44% S&P 500 upside from current levels

Stephen Auth, chief investment officer for equities at Federated Hermes says a divided government will be a “far happier outcome for markets” than a Democratic sweep. Auth explained that a divided government will pass a substantial fiscal package while avoiding “growth-killing” tax hikes. He has a long-term price target of […]
A Wall Street investment chief says a divided government is a better outcome for stocks than a ‘blue wave’ — and sees 44% S&P 500 upside from current levels
News

It wasn’t a disaster, but this election shows the fragility of American democracy

Armed militias didn’t intimidate voters, the postal service didn’t collapse under the weight of millions of absentee ballots, and despite long lines people were able to vote. Given the circumstances – a once-in-a-century pandemic, a bitterly-divided electorate, and months of social unrest – it’s tempting to call this “success.” But […]
It wasn’t a disaster, but this election shows the fragility of American democracy
Tech

Twitter labels 5 of Trump’s tweets on Wednesday as ‘disputed’ and possibly ‘misleading’

Twitter on Wednesday labelled five of President Donald Trump’s tweets as “disputed” and potentially “misleading.” The tweets generally questioned the legitimacy of the 2020 election, mentioning Michigan’s vote count and “ballot dumps.” Twitter announced before the election that it would crack down on election misinformation, and the president’s tweets have […]
Twitter labels 5 of Trump’s tweets on Wednesday as ‘disputed’ and possibly ‘misleading’
News

Join us at 3:30 PM ET today for a discussion with Insider senior politics reporter Grace Panetta about the state of the 2020 presidential election and what’s next

There’s no clear leader yet in the presidential race between President Donald Trump and Democratic presidential nominee Joe Biden as results continue to come in Wednesday morning. Trump picked up four major wins in the key battleground states of Florida, Iowa, Ohio, and Texas, Insider and Decision Desk HQ project. […]
Join us at 3:30 PM ET today for a discussion with Insider senior politics reporter Grace Panetta about the state of the 2020 presidential election and what’s next
News

The 2020 election catastrophe that wasn’t

The results of the 2020 presidential election and several key congressional races are yet to be determined. Regardless of who wins, the US can celebrate pulling off a successful presidential election with far fewer problems than expected. Seasoned election officials and ordinary citizens alike stepped up to avoid many of […]
The 2020 election catastrophe that wasn’t
News

The presidential race comes down to 8 states

Welcome to Business Insider ‘ s daily healthcare newsletter , your daily dose of pharma, biotech, and healthcare news. Subscribe here to get this newsletter in your inbox every weekday. Hello, We still don’t have a winner in the presidential election, with the results coming down to eight key states. […]
The presidential race comes down to 8 states
News

Ryanair, one of the world’s biggest airlines, compared Trump’s premature victory declaration to jumping out of a plane before it’s landed

The European low-cost airline Ryanair said in a tweetWednesday that President Donald Trump’s premature claim to have won the 2020 US election was “like disembarking before the plane has landed.” “We don’t recommend,” it added. Ryanair’s tweet came moments after Trump gave a speech at the White House in which […]
Ryanair, one of the world’s biggest airlines, compared Trump’s premature victory declaration to jumping out of a plane before it’s landed
Markets

Green-energy stocks tumble and fossil-fuel shares spike on higher chances of a second Trump term and a Republican-controlled Senate

Renewable-energy stocks slumped in pre-market trading on Wednesday as investors reacted to the increased prospect of President Trump securing a second term and Republicans retaining the Senate. In contrast, fossil-fuel stocks climbed on hopes for further support of their industries and a slower economic transition to renewable energy. Enphase Energy, […]
Green-energy stocks tumble and fossil-fuel shares spike on higher chances of a second Trump term and a Republican-controlled Senate
Markets

Uber and Lyft shares soar after Californians approve Prop 22, allowing ride-hailing companies to continue classifying their drivers as contractors

Uber and Lyft shares jumped more than 15% in pre-market trading on Wednesday after California voters approved Proposition 22. The ballot measure’s passage means the ride-hailing companies can continue to classify their drivers as independent contractors instead of employees, exempting them from Assembly Bill 5, a state labour law passed […]
Uber and Lyft shares soar after Californians approve Prop 22, allowing ride-hailing companies to continue classifying their drivers as contractors
News

Republicans have condemned Trump’s false claim to have already won the election

Prominent Republicans condemned President Donald Trump’s baseless Wednesday-morning claim that he had won reelection. Trump’s claim was widely panned as an undemocratic attempt to undermine the results, which were still unclear hours after his remarks as ballots continued to be counted. Former Sen. Rick Santorum of Pennsylvania, former Gov. Chris […]
Republicans have condemned Trump’s false claim to have already won the election
News

Facebook labelled President Trump’s late-night election posts about Democrats stealing the election as misinformation

President Donald Trump has had his election night Facebook posts flagged as misinformation by the social media platform’s fact-checkers. Facebook and Twitter are trying to dispel misinformation about the winner of the 2020 election. Several key swing states, including Pennsylvania, Michigan, Wisconsin are still counting in-person and mail-in votes. Visit […]
Facebook labelled President Trump’s late-night election posts about Democrats stealing the election as misinformation
News

Twitter flags Trump’s baseless claim about election theft

President Donald Trump tweeted early Wednesday morning baselessly claiming “they are trying to STEAL the Election.” Twitter immediately flagged the post as “disputed” and possibly “misleading.” The 2020 presidential election was undecided as of Wednesday morning. Visit Business Insider’s homepage for more stories. President Donald Trump once again made an […]
Twitter flags Trump’s baseless claim about election theft
News

15 celebrities who are voting for the first time in the 2020 election

Several celebrities are voting for the first time in the 2020 US presidential election. Kanye West, Ryan Reynolds, Selena Gomez, and Snoop Dogg are all first-time voters. Some celebrities received US citizenship to vote while others previously thought their votes didn’t matter. Visit Insider’s homepage for more stories. Among the […]
15 celebrities who are voting for the first time in the 2020 election
Markets

Dow leaps 555 points as investors eagerly await election results

US stocks surged on Tuesday as investors eagerly awaited the results of Tuesday’s presidential election. A decisive election winner would remove uncertainty from the market and spur investors to buy stocks, one Wall Street strategist said. Stocks moved higher on broad participation from many sectors, with the industrial, information technology, […]
Dow leaps 555 points as investors eagerly await election results
News

The FBI is investigating dubious robocalls that told voters in several states to ‘stay safe and stay home’ on Election Day

The FBI is investigating reports of suspicious robocalls and texts urging voters to “stay safe and stay home” on Election Day, a senior cybersecurity official told reporters on Tuesday. “Robocalls of this nature happen every election” and are a “voter intimidation” and “voter suppression” tactic, an official from the Cybersecurity […]
The FBI is investigating dubious robocalls that told voters in several states to ‘stay safe and stay home’ on Election Day
Markets

Dow climbs 340 points as Americans head into Election Day

US stocks surged on Tuesday as tens of millions of Americans headed to the election polls to vote for the next President of the United States. The election has represented a sizable overhang for investors over the past few months, as the potential outcome could have wide ranging implications for […]
Dow climbs 340 points as Americans head into Election Day
News

Matt Mowers is running for Congress in New Hampshire, following a recent trend of GOP ‘carpetbaggers’ trying their political luck in the state with lax rules on running

Matt Mowers is challenging first-term Democratic US Rep. Chris Pappas in New Hampshire’s 1st Congressional District. Mowers does not have a political resume specific to New Hampshire, where he appears to have relocated sometime within the past two years. Democrats have claimed that Mowers moved to the state specifically to […]
Matt Mowers is running for Congress in New Hampshire, following a recent trend of GOP ‘carpetbaggers’ trying their political luck in the state with lax rules on running
News

It’s Election Day. But about 100 million Americans already voted.

About 100 million Americans had voted as of early Tuesday morning, more than doubling the record 2016 early-voting total. More than 35 million early in-person votes were cast, and almost 64 million mail-in ballots had been returned, according to the US Elections Project. This means voters had already cast 72.3% […]
It’s Election Day. But about 100 million Americans already voted.
News

Trump, making false claims about mail-in ballots, suggests counting votes could lead to ‘violence in the streets’

President Donald Trump made more false claims about mail-in voting on Monday, leading Twitter to label one of his posts as potentially “misleading.” Trump was particularly incensed by the US Supreme Court’s decision not to hear a Republican challenge regarding mail-in votes in Pennsylvania. Pennsylvania election officials will count ballots […]
Trump, making false claims about mail-in ballots, suggests counting votes could lead to ‘violence in the streets’
News

NBC’s Andrea Mitchell, Chuck Todd, and Rashida Jones dive into how a presidential race ‘on top of a pandemic’ will make for a different election night than ever before

Insider spoke with Rashida Jones, NBC News’ top producer for its election night coverage, along with “Meet the Press” host Chuck Todd, and the network’s Chief Foreign Affairs and Senior Washington Correspondent Andrea Mitchell about how they’re planning to tackle the votes coming in on November 3. All three said […]
NBC’s Andrea Mitchell, Chuck Todd, and Rashida Jones dive into how a presidential race ‘on top of a pandemic’ will make for a different election night than ever before
Markets

Here’s how investors should position their portfolios if a ‘blue wave’ materialises, according to the world’s largest asset manager

The outcome of Tuesday’s election will have wide ranging implications for investors’ portfolios, BlackRock said in a note on Monday. With polls suggesting a greater likelihood of a “blue wave” outcome, investors should move toward a more pro-risk stance despite last week’s sell-off in stocks, according to BlackRock. Large-cap tech […]
Here’s how investors should position their portfolios if a ‘blue wave’ materialises, according to the world’s largest asset manager
News

Trump says he’s planning legal action to stop some votes being counted in key swing states: ‘As soon as that election is over — we are going in with our lawyers’

President Donald Trump has threatened legal action on vote counting in key swing states. Trump claimed, without evidence, that there could be fraud in vote counting for Pennsylvania and Nevada. Trump said it was a “terrible thing when ballots can be collected after an election,” referring to a Supreme Court […]
Trump says he’s planning legal action to stop some votes being counted in key swing states: ‘As soon as that election is over — we are going in with our lawyers’
News

Trump reportedly plans to declare victory if he’s ‘ahead’ on election night, but his claims carry no legal weight and the remaining ballots would still be counted

President Donald Trump is said to be planning to declare victory in his reelection on Tuesday night if the initial results show him “ahead,” according to Axios. Axios cited three sources who said Trump might claim victory even if major states like Pennsylvania had not finished counting votes. A premature […]
Trump reportedly plans to declare victory if he’s ‘ahead’ on election night, but his claims carry no legal weight and the remaining ballots would still be counted
News

Pro-Trump demonstrators showed up outside Attorney General William Barr’s home demanding he “lock up’ Joe Biden

A group of Pro-Trump demonstrators showed up outside of Attorney General William Bar’s Virginia home, demanding he investigate and prosecute Trump’s opponent, Democratic presidential nominee Joe Biden. Barr went outside and met with the demonstrators, explained his role in any investigation, shook their hands, and took photographs with them, according […]
Pro-Trump demonstrators showed up outside Attorney General William Barr’s home demanding he “lock up’ Joe Biden
News

Beverly Hills police declared unlawful assembly at crowded pro-Trump rally following clash between rally-goers and counterprotesters

Beverly Hills police declared unlawful assembly at a pro-Trump rally on Saturday following a “violent fight” between a counter-protester and a rally-goer, police said. Supporters of the “USA Freedom Rally” which supports “#Trump2020, the police, and opening our cities, businesses and schools,” according to its Facebook page, rallied on the […]
Beverly Hills police declared unlawful assembly at crowded pro-Trump rally following clash between rally-goers and counterprotesters
News

The real Trump Derangement Syndrome is ‘Orange Man Good’

Trump supporters reflexively insist President Donald Trump’s critics have “Trump Derangement Syndrome” and that their only argument is “Orange Man Bad.” By nearly every objective metric, Trump’s presidency has been a failure, and he has contributed to this country’s partisan division perhaps more than any single person over the past […]
The real Trump Derangement Syndrome is ‘Orange Man Good’
News

15 photos of the moments that defined the 2020 US presidential campaign

The US presidential election is two days away. It follows months of campaigning by Democratic nominee Joe Biden and President Donald Trump in the midst of two defining national moments, the COVID-19 pandemic and the Black Lives Matter movement. Scroll down to see the 15 images of the 2020 presidential […]
15 photos of the moments that defined the 2020 US presidential campaign
News

The Biden campaign cancelled events in Texas after a convoy of trucks flying Trump flags surrounded their bus and ran into a person’s car, officials say

The Biden campaign cancelled events in Texas on Friday after a convoy of trucks flying Trump flags surrounded their bus and ran into a person’s car, local Democratic officials said. Videos shared on Twitter showed vehicles with multiple Trump flags surrounding the Biden-Harris campaign bus on the highway. In one […]
The Biden campaign cancelled events in Texas after a convoy of trucks flying Trump flags surrounded their bus and ran into a person’s car, officials say