Breaking News
Trump Blames Massive Stock Market Selloff On Democrats’ Midterm Success
Major indexes tumbled to one of their worst closes during Trump’s second term following a Democratic “blue wave” in midterm elections.
Forbes Staff
Midterm Election Results (Live Updates): Democrat Ousts Lawler In New York—43rd GOP House District Flipped
Democrats flipped seven Republican-held Senate seats (with two more races in a dead-heat) and reclaimed control of the House.
BySara Dorn,Alison Durkee, and Team
Gavin Newsom Commutes Death Sentences Of All 548 People On California Death Row
Newsom is approaching the end of his final term as California’s governor, and is widely seen as a potential Democratic presidential candidate in 2028.
ByZachary Folk,
Forbes Staff
What Democrats’ Midterms Wins Could Mean For Elon Musk—And His Net Worth
Democrats in both Congress and Texas are already vowing to probe the Tesla CEO.
Forbes Staff
Democratic Socialist Nithya Raman Wins Los Angeles Mayoral Race Against Incumbent Karen Bass
Incumbent Mayor Karen Bass fell behind Nithya Raman in several polls ahead of November’s midterms.
Forbes Staff
Rubio Considering Resigning, Report Says
Rubio’s office dismissed the report as “complete and total fake news.”
BySara Dorn,
Forbes Staff
‘Compute Campuses’ Data Center Rebrand Kicks Off Big Tech’s Attempt To Woo Democratic Congress
Major tech companies seem to be changing their progress-at-any-cost attitudes after Democrats swept the midterm elections.
Forbes Staff
Elon Musk’s Fortune Drops $80 Billion Amid Tech Stock Rout
Musk suffered the worst losses of any billionaire Thursday as SpaceX and Tesla shares fell.
Forbes Staff
Larry Ellison Falls Out Of Top 10 In Billionaire Rankings As Oracle Plunges
Larry Ellison lost $11.5 billion on Thursday as Oracle shares fell around 7.5%
ByFiona Riley,
Fellow
Controversial DOJ Civil Rights Head Harmeet Dhillon Resigns
Attorney General Todd Blanche announced her resignation in a post on X on Thursday.
BySara Dorn,
Forbes Staff
Chipmakers Tumble Toward Worst Day In Years: Nvidia, Micron And Broadcom Down Over 8%
Nvidia, Micron, AMD, Intel, SanDisk, TSM, Qualcomm and Marvell all fell sharply on the second day of the chipmaker selloff.
ByFiona Riley,
Fellow
LIV Golf Is Shutting Down And Liquidating Assets
The company said it would wind down business in a bankruptcy court hearing on Thursday.
ByZachary Folk,
Forbes Staff
Jensen Huang Sheds $12 Billion As Nvidia Shares Sink, Falling Two Spots In Billionaire Rankings
Nvidia’s Jensen Huang’s net worth fell by $12 billion on Thursday as Nvidia’s stock dropped 7%.
ByFiona Riley,
Fellow
IMAX Posts Best Quarter In Its History Thanks To ‘The Odyssey’
“The Odyssey” is the highest-grossing IMAX release ever—by a lot.
Forbes Staff
Trump Media Stock Plunges Again—Trump’s Lost Over $200 Million Since Midterms
Plunging Trump Media & Technology Group stock has erased more than $200 million from President Donald Trump’s fortune since the Democratic midterm sweep.
ByConor Murray,
Reporter
Democrats’ Investigative Targets After Winning Midterms: Epstein, Trump ‘Crime Family’, ICE, Corporations
Democrats won back subpoena power that will allow them to compel congressional testimony and records.
BySara Dorn,
Forbes Staff
Wendy’s Says Billionaire Peltz’ $1.4 Billion Buyout Deal ‘Substantially Undervalues’ Fast Food Chain
The fast food burger chain has struggled in recent years, posting seven straight quarters of declining same-store sales.
ByZachary Folk,
Forbes Staff
Shoppers Say They Don't Trust AI With Their Holiday Purchases
Consumers plan to spend $777 on holiday gifting this year, but they want to make the purchases themselves.
Forbes Staff
CVS Health To Unbundle Pharmacies From Insurance And Health Solutions
After building a healthcare conglomerate around a drugstore chain, CVS is dismantling the model with drug stores on one side and healthcare solutions on the other.
Senior Contributor
Trump Says He Has ‘Every Intention’ Of Keeping Hegseth As Defense Secretary
Rep. Thomas Massie, R-Ky., said Wednesday would introduce articles of impeachment against Hegseth.
BySara Dorn,
Forbes Staff
Billionaire Soccer Legend Cristiano Ronaldo Announces Retirement From Portugal National Team
Ronaldo, who holds the men's record for most international goals, announced his decision on social media a month after a public clash with Portugal's national team coach.
Forbes Staff
Billionaire Leon Black Sues Democratic Rep. Robert Garcia Over Epstein Allegations
Black accused the top Democrat on the House Oversight Committee of falsely linking him to Jeffrey Epstein's sex-trafficking crimes and claimed the remarks endangered his family.
Forbes Staff
Amazon And UPS Will Hire 470,000 Seasonal Workers—As Holiday Hiring Improves After Dismal 2025
Seasonal opportunities may be more plentiful this year at giants like Amazon and UPS, but both companies and their broader sectors have spent months aggressively cutting permanent staff.
Forbes Staff
November’s ‘Beaver Moon’ Is A Supermoon — But A Bigger One Is Coming
Everything you need to know about November’s full Beaver Moon — from when to see it rise and why it's a supermoon to why the "Christmas supermoon" will be even bigger.
ByJamie Carter,
Senior Contributor
New Jersey Lottery Player Wins $847 Million Powerball Jackpot—Here’s What They Could Take Home
This is the second-biggest lottery prize of 2026 so far, only behind a $1.04 billion Powerball jackpot claimed by an Illinois ticket buyer in August.
Forbes Staff
