12:26
Trump nominates Bessent to be US treasury secretary
President-elect Donald Trump picked prominent investor Scott Bessent to take on the role of U.S. treasury secretary.
Trump wins North Carolina, Republicans take Senate
Reuters
Republican Donald Trump defeated Democrat Kamala Harris in the battleground state of North Carolina in Tuesday's U.S. presidential election, Edison Research projected, moving him one step closer to completing an improbable political comeback.
The outcome remained uncertain in six other states expected to determine the winner.
But Trump was showing strength across broad swaths of the country. He had won 230 Electoral College votes to Harris' 169 as of midnight ET (0500 GMT on Wednesday). A candidate needs a total of at least 270 votes in the state-by-state Electoral College to claim the presidency.
Decision Desk HQ projected Trump would also win Georgia. That would leave Harris with a narrow path to victory through the Rust Belt trio of Michigan, Pennsylvania and Wisconsin, though she was behind in all three states.
Republicans won a U.S. Senate majority after flipping Democratic seats in West Virginia and Ohio. Neither party appeared to have an edge in the fight for control of the House of Representatives where Republicans currently hold a narrow majority.
Trump picked up more support from Hispanics, traditionally Democratic voters, and among lower-income households that have keenly felt the sting of price rises since the last presidential election in 2020, according to exit polls from Edison.
Trump won 45% of Hispanic voters nationwide, trailing Harris with 53% but up 13 percentage points from 2020.
Voters whose top issue was the economy voted overwhelmingly for Trump, especially if they felt they were worse off financially than they were four years ago.
09:36
'Bring down the temperature,' Biden urges Americans after Trump's US election win
"A defeat does not mean we're defeated," US President Joe Biden told disappointed Democrats after Donald Trump's election win. He urged Americans to "bring down the temperature."
14:34
Mexico's Sheinbaum asks Trump for dialogue, respect for sovereignty after victory
Mexican President Claudia Sheinbaum congratulated Donald Trump on his election victory, calling for dialogue and respect for sovereignty. She expressed confidence in strong U.S.-Mexico relations and reassured the public despite market instability.
13:54
Musk's ties to Trump will reverberate through Tesla, other interests
Elon Musk stands to gain from his ties to President-elect Trump, with Tesla shares surging post-election. Trump's policies, including deregulation and tariffs on Chinese imports, could benefit Musk’s businesses, including Tesla and SpaceX.
13:06
Under Trump, a unified Congress could push through tax and spending cuts
Trump's Republicans are set to gain control of Congress, pushing an agenda of tax cuts, border security, and deregulation. However, their plan could add trillions to the national debt, challenging their goal of reducing the $35 trillion deficit.
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