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⚡ Today in History On November 5, 1872, Susan B. Anthony cast a ballot in a presidential election in Rochester, New York, breaking the law at a time when women could not vote. Anthony was arrested two weeks later. Today, 154 years later, American voters just handed one party its largest midterm sweep in a generation. |
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Top News |
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Democrats sweep midterms, win House and Senate 7 SENATE FLIPS Fueled by voter anger over the Iran war and rising gas prices, Democrats won control of both chambers of Congress in Tuesday’s midterm elections, CBS News projects. The party flipped Senate seats in Texas, Ohio, Iowa, Kansas, Maine, North Carolina and South Carolina, and is projected to hold 251 to 268 House seats when the new Congress convenes in January. |
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Dow surges 1,569 points in best day since April 2025 +3.03% Wall Street rallied Wednesday after Democrats’ clear-cut midterm victory removed political uncertainty. The Dow closed at 53,356, the S&P 500 gained 1.58% to 7,688, and the VIX — Wall Street’s fear gauge — dropped 20.3% to 16.61. |
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Oil crashes 8–9% as traders bet on an end to the Iran war Brent crude fell as much as $8.98 per barrel, or 8.7%, to $94.62 on Wednesday, while WTI settled at $88.12 — its lowest since Aug. 31. Traders expect Democratic control of Congress to pressure the White House toward a deal with Tehran. |
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Vance breaks silence: “The reason we lost is the war” Vice President JD Vance posted a lengthy statement on X on Wednesday morning blaming the Iran conflict for Republican losses. Vance wrote that any honest look at where the party goes next must start with the war, a possible preview of an intra-party fight ahead of 2028. |
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Trump warns Democrats: impeachment “will lead to ruin” President Donald Trump signaled Wednesday he would not change course despite losing Congress. Speaking at the White House, Trump said gas prices — not the war itself — cost Republicans seats, and warned that a third impeachment attempt would backfire on Democrats. |
What’s bringing top AI companies together? Photonics — the tech that sends data through light instead of old copper wires. It’s why Nvidia, AMD, Broadcom, Microsoft, Meta and OpenAI have joined forces on an open standard for optical AI connections.
In a new video briefing, former Wall Street exec Jason Bodner explains what it means for investors, and his top stock to buy now.
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World |
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France shuts down: general strike paralyzes transport and schools NOV 5 After weeks of student protests that drew 410,000 people on October 24, France’s major unions — CGT, CFDT and SNES-FSU — joined a nationwide general strike on Thursday. The U.S. Embassy in Paris warned travelers that trains, metros, buses and schools would all be affected. |
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U.S. strikes Iranian island in Strait of Hormuz ahead of Election Day The U.S. military launched limited strikes against an Iranian island in the Strait of Hormuz on Monday, with Iranian media reporting five explosions in quick succession. The attacks came a day before Americans went to the polls, and hours before Trump told a viewing party the war was worth the cost. |
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Greenland parliament approves U.S.-Denmark security deal 16–0 Greenland’s Inatsisartut voted 16–0 on Tuesday to approve a trilateral security agreement signed with the United States and Denmark in September. Under the deal, Greenland stays under Danish control but allows an expanded U.S. military presence. Seven lawmakers abstained. |
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Israel opposition unites behind Eisenkot to oust Netanyahu All major Israeli opposition leaders agreed on Tuesday to recommend former military chief Gadi Eisenkot to President Herzog as prime minister. The bloc holds 67 seats with Arab party support — six more than the 61 needed — but Eisenkot has yet to meet Arab party leaders to finalize coalition terms. |
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Australia’s High Court hears challenge to under-16 social media ban Australia’s highest court on Tuesday began hearing arguments against the world’s first law banning children under 16 from social media platforms. Reddit and the Digital Freedom Project argue the ban is unconstitutional; the government defended it as necessary child protection. |
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You have to own gold before the signature happens. Not after
In 1933, the government took Americans' gold by force and revalued it to fill its own coffers.
It was the biggest financial injustice of the 20th century. And for 90 years, it's gone uncorrected.
The government still carries its gold at $42.22 per ounce on the books. The real price is above $5,000. That's a $1.2 trillion gap that every president since Nixon has ignored.
Trump isn't ignoring it.
He's talked about a "Golden Age." His Treasury Secretary confirmed plans to "monetize the assets." There's legislation from his own party to revalue the gold. A Federal Reserve economist published a paper on how to execute it.
Everything points to Trump using the same executive power FDR used, but this time to benefit citizens instead of robbing them.
If that happens, every ounce of gold held by Americans could jump in value overnight. No taxes. No act of Congress. Just one signature correcting a 90-year-old injustice.
But here's the thing. You have to own gold before the signature happens. Not after.
A free report called "The Great Gold Reset" lays out the full 1933 injustice, Trump's plan to undo it, and how to position your retirement in about 15 minutes.
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Politics |
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Hakeem Jeffries set to become first Black House Speaker AGE 56 After Democrats secured their House majority Tuesday night, House Minority Leader Hakeem Jeffries of Brooklyn formally launched his bid for Speaker on Wednesday. Jeffries, 56, would replace Republican Mike Johnson and become the first Black lawmaker to hold the position, which is second in the presidential line of succession. |
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Talarico wins Texas Senate — first Democrat in 38 years Democrat James Talarico defeated Republican Ken Paxton in the marquee 2026 Senate race, ending a 32-year Republican winning streak in Texas statewide elections. Talarico is the first Democrat to win a Texas Senate seat since 1988. |
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Hinojosa ousts Abbott as Texas governor, the state’s first Latina Democrat Gina Hinojosa, an Austin state representative, defeated three-term Republican Governor Greg Abbott on Tuesday night. Hinojosa will be the first Democratic governor of Texas since 1995 and the first Latina to hold the office. |
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Susan Collins concedes in Maine after nearly 30 years Republican Senator Susan Collins lost her re-election bid to Democrat Troy Jackson, CBS News projects. Collins, 73, served five terms and was the longest-serving Republican woman in Senate history at the time of her defeat. |
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Johnson exits, Scalise bids for House GOP leader House Speaker Mike Johnson told staff Wednesday he would not seek the Republican leader post in the new Congress. Majority Leader Steve Scalise quickly announced his own bid, writing in a five-page letter that the election result was “far worse than any of us expected.” |
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Markets |
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S&P 500 jumps 1.58% to 7,688 as election uncertainty lifts VIX −20.3% The Dow gained 1,569 points to close at 53,356, its best day since April 2025, while the Nasdaq added 1.44% to 25,736. Stocks rose broadly after Democrats’ decisive win removed one of the market’s biggest near-term worries: a drawn-out election fight. |
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Oil plunges — WTI settles at $88.12, Brent drops 8.7% Crude prices cratered on Wednesday as traders priced in a faster path to ending the U.S.-Iran war. WTI settled at $88.12, its lowest since Aug. 31, while Brent dropped $8.98 to $94.62 at its low. Both benchmarks remain up nearly 50% year-over-year. |
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Tesla drops 3.3%, SpaceX falls 3.8% on Musk political risk Shares of both Elon Musk companies fell Wednesday morning after Democrats won Congress. Musk spent at least $474 million on Republican candidates, and at least one Democratic senator warned of subpoenas targeting Musk companies. |
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Gold jumps 2.84% to $4,052.30 as Treasury yields fall Gold rallied $111.90 to $4,052.30 per ounce on Wednesday, helped by falling Treasury yields and hopes that a divided government could limit spending. Mining stocks including Newmont, Hecla and Freeport-McMoRan all surged early Wednesday. |
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CVS splits into two companies in $117B healthcare breakup CVS Health announced Wednesday it will separate its retail pharmacy chain from its insurance arm, which includes Aetna and Caremark. The split reverses years of mergers and is expected to close by the first half of 2028, creating two publicly traded companies. |
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Entertainment |
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Godzilla Minus Zero opens Friday, forecast at $25–35M OPENING WEEKEND The sequel to 2023’s Oscar-winning Godzilla Minus One arrives in U.S. theaters this weekend, distributed by GKIDS. Box Office Pro forecasts a $25–35 million domestic opening, which would be the biggest-ever North American debut for a Japanese Godzilla film. |
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Warner Bros.’ animated Cat in the Hat also opens this week Warner Bros. releases its animated adaptation of the Dr. Seuss classic on Friday, following last month’s Clayface success. Box Office Pro forecasts a $30–35 million opening, giving Warner Bros. a chance to close 2026 on a high note after a string of earlier misfires. |
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GTA VI is 14 days away — Take-Two locks November 19 launch Rockstar’s Grand Theft Auto VI launches November 19 on PlayStation 5 and Xbox Series X|S, with parent company Take-Two projecting up to $8.2 billion in fiscal-year bookings tied to the release. The game is the most-anticipated launch in industry history. |
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Jaguars visit Ravens tonight in Thursday Night Football The Jacksonville Jaguars (5-2) travel to M&T Bank Stadium to face the Baltimore Ravens (4-4) at 8:15 p.m. ET on Amazon Prime Video. Jacksonville enters as one of the AFC’s surprise contenders this season. |
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Netflix loads November with Black Doves, Hunting Wives returns Netflix’s November slate includes new seasons of spy thriller Black Doves and the drama series The Hunting Wives. The streamer is also releasing an animated comedy from the creators of Bluey, set in the Australian outback. |
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