The Dow jumped 3.14%, while oil prices plunged as President Trump and Vice President Vance acknowledged the Iran war's role in the Republican defeat.

"Everyone knows why we lost. And any honest conversation about where we go from here must start there," Vance said on Wednesday.

The strategy relied heavily on Trump's 2024 voting coalition, while court battles, shifting Latino support and Democratic counter-maps complicated the GOP's plans.

Vice President JD Vance said the Iran war was the main reason for the Republican party's rout in the midterm elections and an "honest conversation" needs to be had about it moving forward.

Geoffrey Hinton said leading AI executives understand the technology's dangers but prioritize profits, warning that a serious incident could force governments to impose stronger safety controls.

Republican-aligned outside groups spent $360 million more than their liberal counterparts, but that advantage did not prevent Democratic victories in several costly Senate contests.

Democrats captured both chambers of Congress in a rare midterm election defeat for President Donald Trump, flipping at least seven Senate seats and ending Republican control of Congress.

A remark from his opponent inspired an unusual campaign strategy that brought the singer into family celebrations across the Rio Grande Valley.

Opponents of the measure and supporters of competing proposals raised more than $330 million, turning the vote into one of the state's most expensive ballot fights.

Republican losses in the midterms have amplified voices calling for the GOP to abandon Trump loyalism in favor of more "America First" isolationist principles.

Democrats regained control of Congress as exit polls showed widespread financial dissatisfaction, with only 18% of voters reporting an improvement in their finances since 2024.

U.S. stock futures recovered Wednesday morning after falling sharply overnight as Democrats won control of both chambers of Congress, raising concerns among investors about tougher regulation of ...