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Wall Street storms higher as Dow surges 1,500

The U.S. stock market, Elon Musk's Tesla, banks and bitcoin all stormed higher Wednesday as investors made bets on what Donald Trump's return to the White House. The S&P 500 rallied 2.5% for its best day in nearly two years. The Dow Jones Industrial Average surged 1,508 points, or 3.6%, while the Nasdaq composite jumped 3%. All three indexes topped records they had set in recent weeks.

Harris calls Trump to congratulate him

Republican Donald Trump was elected the 47th president of the United States on Wednesday, an extraordinary comeback for a former president who refused to accept defeat four years ago, sparked a violent insurrection at the U.S. Capitol, was convicted of felony charges and survived two assassination attempts.

Trump promises to bring lasting peace to Middle East

TEL AVIV, Israel (AP) - Donald Trump will return to the U.S. presidency at a time of unprecedented conflict and uncertainty in the Middle East. He has vowed to fix it. But Trump’s history of strong support for Israel coupled with his insistence during the campaign that the war in Gaza should end quickly.

Politics
Trump Media suffers $19.2 million Election Day loss

NEW YORK (AP) - The parent company of Donald Trump’s social networking site Truth Social lost $19.2 million in the last quarter, according to an earnings report released on the same day he won back the presidency.

Politics
Stocks and bitcoin jump after Trump's victory

NEW YORK (AP) - The U.S. stock market, Elon Musk's Tesla, banks and bitcoin are all storming higher Wednesday as investors bet on what Donald Trump's return to the White House will mean for the economy and world. Among the losers the market sees: solar-power companies and potentially anyone worried about higher inflation.

Politics
Tesla shares soar 13% after Trump win

NEW YORK (AP) - Shares of Tesla soared Wednesday following an election that will send Donald Trump back to the White House, an outcome that had been strongly backed by CEO Elon Musk in the closing months of the race.

Politics
Donald Trump's sweeping plans

WASHINGTON (AP) - Donald Trump has promised sweeping action in a second administration. The former president and now president-elect often skipped over details but through more than a year of policy pronouncements and written statements.

Politics
Trump promises to bring lasting peace to Middle East

TEL AVIV, Israel (AP) - Donald Trump will return to the U.S. presidency at a time of unprecedented conflict and uncertainty in the Middle East. He has vowed to fix it. But Trump’s history of strong support for Israel coupled with his insistence during the campaign that the war in Gaza should end quickly.

Politics
Republicans take Senate majority

WASHINGTON (AP) - Republicans have taken control of the U.S. Senate and are fighting to keep their majority in the U.S. House, which would produce a full sweep of GOP power in Congress alongside President-elect Donald Trump in the White House.

WASHINGTON (AP) - Donald Trump has promised sweeping action in a second administration. The former president and now president-elect often skipped over details but through more than a year of policy pronouncements and written statements.