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Yesterday β€” 5 November 2024Bloomberg Politics

Legal Weed Fails in Florida in Victory for DeSantis, Griffin

Florida voters rejected a ballot measure to legalize recreational marijuana, dealing a blow to the cannabis industry and giving a win to the leading opponents: Governor Ron DeSantis and billionaire Ken Griffin.

Cannabis plants in a greenhouse at a Cresco Labs Inc. facility in Indiantown, Florida, U.S., on Monday, March 28, 2022. A bright spot in the beleaguered legal-cannabis industry may be U.S. multistate operators, which we expect to lead the group's 1Q year-over-year sales growth, largely reflecting their expansion in U.S. state-legal markets. Photographer: Eva Marie Uzcategui/Bloomberg

Democrat Stein Defeats Robinson for North Carolina Governor

5 November 2024 at 20:15
North Carolina Attorney General Josh Stein was elected governor, defeating a Republican opponent who spent the last months of his campaign denying reports that he had posted racist material in online porn forums.

Josh Stein Photographer: Al Drago/Bloomberg

Trump Wins Florida, State He Carried in Both 2016 and 2020

5 November 2024 at 20:10
Republican Donald Trump defeated Democrat Kamala Harris in Florida, according to Fox, NBC and CNN.

Supporters of former US President Donald Trump outside the Mar-a-Lago Club in Palm Beach, Florida, on Nov. 5. Photographer: Josh Ritchie/Bloomberg

Republican Senator Rick Scott Wins Reelection in Florida

5 November 2024 at 20:04
Florida Senator Rick Scott won election to a second term, fending off Democratic challenger who sought to break Republicans’ hold on the state.

Senator Rick Scott, a Republican from Florida, during the America First Policy Institute's America First Agenda summit in Washington, D.C., US, on Monday, July 25, 2022. The non-profit think tank was formed last year by former cabinet members and top officials in the Trump administration to create platforms based on his policies.

Democrat Kim Wins New Jersey Senate Race

5 November 2024 at 20:02
Democrat Andy Kim defeated Republican Curtis Bashaw in the New Jersey Senate race to replace former Senate Democrat Bob Menendez, according to the Associated Press.

Andy Kim Photographer: Tom Williams/CQ-Roll Call, Inc.

Justice Wins West Virginia Senate Race to Flip Seat to Republicans

5 November 2024 at 19:31
West Virginia Governor Jim Justice won the race to fill the Senate seat being vacated by Democrat-turned-independent Joe Manchin, flipping it to Republicans, according to the Associated Press.

Jim Justice

Elon Musk-Led Election Falsehoods Hang Over Vote as Tally Begins

An ultra-rich American pouring tens of millions of dollars into a presidential race is nothing new. Nor is lobbying for their business interests or vying for a position in the next administration.

Elon Musk with Donald Trump

Mexico’s Top Court Dismisses Bid to Limit Judicial Overhaul

5 November 2024 at 18:09
Mexico’s Supreme Court dismissed a ruling intended to limit the scope of a judicial overhaul passed by Congress, easing concerns of a standoff with President Claudia Sheinbaum that risked setting off a constitutional crisis.

The Supreme Court of Justice in Mexico City.

Polls Close Across Key Battlegrounds as Results Flood In

5 November 2024 at 17:22
Polls have now closed across more than half of the United States β€” including four of the seven critical battlegrounds β€” and early results are beginning to be tallied as the nation watches for signs of how voters broke in the hard-fought battle between Kamala Harris and Republican Donald Trump.

Voters Sue Musk for Fraud Over $1 Million Election Sweepstakes

5 November 2024 at 17:00
Voters who signed up for Elon Musk’s million-dollar voter giveaway are suing the Tesla Inc. chief and his America PAC, claiming entrants were misled about how winners were picked.

Elon Musk speaks during a town hall in Lancaster, Pennsylvania, on Oct. 26. Photographer: Samuel Corum/Getty Images

Fox, Rivals Employ New Tools to Improve Election-Night Calls

5 November 2024 at 16:43
Fox News is working to avoid a repeat of 2020, when network staffers made an early call on Arizona for Joe Biden and turned the state’s map to blue without prepping the anchors.

Bill Hemmer at Fox News Channel Studios on March 05. Photographer: Roy Rochlin/Getty Images

What to Expect When You’re Expecting Results From Election Day

5 November 2024 at 16:33
This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today,Β White House and politics reporter GregoryΒ Korte explains the ballot counting process and why voters may not get election results tonight.Β  Email our editors here.

Wall Street Is Counting on Stocks to Rally After Election Hurdle

5 November 2024 at 16:16
A growing number of Wall Street strategists are predicting that a decision in the US presidential election will set the stage for stocks to rally into the end of 2024, building on a 21% gain this year for the S&P 500 Index.

Voters wait in line outside a polling location in Pennsylvania

Orban Challenger Magyar’s Party Widens Lead in Hungarian Poll

5 November 2024 at 16:16
The upstart political party that launched a challenge against Hungarian Prime Minister Viktor Orban’s rule only months ago has extended its lead against the nationalist leader in the latest opinion poll on Tuesday.

Viktor Orban, Hungary's prime minister, speaks to supporters at a rally in Budapest, Hungary, on Wednesday, Oct. 23, 2024. Hungary marks the 68th anniversary of the Hungarian Uprising of 1956 with a national holiday.

When Will We Know Who Has Won the US Election?

5 November 2024 at 14:00
If the US electorate is as closely divided between Vice President Kamala Harris and former President Donald Trump as polls have suggested, Election Day will soon turn into Election Night, which could then become Election Week.

Israel’s Netanyahu Fires Defense Minister Over War Conduct

5 November 2024 at 13:31
Israeli Prime Minister Benjamin Netanyahu fired Defense Minister Yoav Gallant, saying longstanding disagreements between them over the conduct of the conflicts with Hamas and Hezbollah had become impossible to bridge.

Yoav Gallant Photographer: Andrew Harnik/Getty Images

Odd Lots Live: What to Watch for on Election Night and Beyond

Watching the returns and the economic implications of them.

Tracy Alloway, Brad Setser and Joe Weisenthal at a live taping of the Odd Lots podcast on Monday, Nov. 5, 2024 in New York City, NY.

Odd Lots Live: What to Watch for on Election Night (Podcast)

It’s Election Day in the US, so there’s no need for any real explanation of what’s at stake. Last night in New York City, we hosted a special live Odd Lots event, where we interviewed some of our regular guests on stage to talk about the vote, as well as the economic and market implications in the days and years ahead β€” regardless of who wins. First up, you’ll hear a conversation about prediction markets, regular markets, and vote-watching with Skanda Amarnath of Employ America, Neil Dutta of Re

PBOC Head Vows to Boost China Countercyclical Monetary Measures

5 November 2024 at 12:50
China’s central bank chief pledged to maintain an accommodative monetary policy stance and to double down on countercyclical adjustments to support the country’s economic growth.

Pan Gongsheng Photographer: Qilai Shen/Bloomberg

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