US Elections results – Artifex.News https://artifexnews.net Stay Connected. Stay Informed. Thu, 07 Nov 2024 06:46:10 +0000 en-US hourly 1 https://wordpress.org/?v=6.7 https://artifexnews.net/wp-content/uploads/2023/08/cropped-Artifex-Round-32x32.png US Elections results – Artifex.News https://artifexnews.net 32 32 Taylor Swift, Beyonce, George Clooney https://artifexnews.net/taylor-swift-beyonce-george-clooney-a-listers-fail-to-win-kamala-harris-votes-against-donald-trump-6963121/ Thu, 07 Nov 2024 06:46:10 +0000 https://artifexnews.net/taylor-swift-beyonce-george-clooney-a-listers-fail-to-win-kamala-harris-votes-against-donald-trump-6963121/ Read More “Taylor Swift, Beyonce, George Clooney” »

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Los Angeles:

A raft of celebrities from Taylor Swift and Beyonce to George Clooney and Harrison Ford proved unable to prevent Kamala Harris’s crushing defeat in the US election, underlining the limited impact of sweeping star endorsements on voters. 

Instead, it was Donald Trump and the Republicans — who received scant support from the entertainment industry at large, but tapped into a targeted subset of well-known, hypermasculine influencers — who won comfortably.

So, did the Democrats’ long-standing Hollywood and music industry connections, including last-minute rally appearances from Lady Gaga and Jennifer Lopez, make any difference at all in the end?

“Not in this election, clearly,” said New York University arts professor Laurence Maslon.

“At the end of the day, people probably realize that Beyonce and George Clooney don’t have to worry about the cost of gas or the cost of eggs — so maybe they’re sort of irrelevant,” he told AFP.

Celebrity endorsements have long been part of the fabric of US elections, harking back to the days when Frank Sinatra wrangled the “Rat Pack” to support John F. Kennedy in 1960.

Even this year, Hollywood-led fundraisers helped raise tens of millions of dollars for Harris’s record-breaking campaign war chest.

But their impact in actually influencing votes has always been a “mixed bag,” said Arizona State University associate professor Margaretha Bentley, who teaches a public policy course on Taylor Swift.

“It’s never going to be the golden ticket that everybody’s looking for,” she said.

Mark Harvey, author of “Celebrity Influence: Politics, Persuasion, and Issue-Based Advocacy,” agreed that we “shouldn’t be terribly surprised” by the lack of celebrity impact.

“There isn’t a real strong science behind this idea that celebrities can influence people to vote for candidates,” he said.

– ‘Macho’ –
Famous supporters have only ever been effective when advocating on very specific issues on which they are widely regarded as expert, added Harvey.

As Donald Trump delivered his victory speech early Wednesday, the new president-elect was flanked by — and showered praise on — famous names from the world of sport.

UFC boss Dana White was lovingly hailed as “tough” and “a piece of work,” while golfer Bryson DeChambeau was celebrated as “fantastic” and even having a “slightly longer” drive than the golf-loving Trump.

Loud cheers — and a significant portion of Trump’s address — were devoted to his best-known supporter of all, tech billionaire Elon Musk.

Trump also received a last-minute endorsement from Joe Rogan, the influential host of one of the world’s top podcasts.

The Republican may have benefited from these associations because, in an election “largely driven by cultural issues, one of the most potent cultural issues was masculinity,” said Harvey. 

“This sort of ‘be a real man,’ the Trump ‘macho’ sort of thing… it’s the kind of thing that Joe Rogan plays all the time.”

– ‘Shocked’ –
For the Democrats, this latest scarring experience will require a “deep self-analysis… of what they did and didn’t do, and what might have been successful,” including with celebrity endorsements, said Bentley. 

Ashley Spillane, author of the report “Celebrities Strengthening Our Culture of Democracy,” agreed there was “debate” about the “value and impact of celebrity endorsements of candidates.”

But there is still “robust evidence that celebrities do have a real impact in promoting overall, nonpartisan civic engagement,” she wrote via email, pointing to Swift’s endorsement of Harris, which was credited with driving 400,000 people to a voter registration site.

Even if their endorsements failed, Hollywood celebrities showed no indication Wednesday that they would remain silent.

Waking up to the news of Trump’s victory, several well-known figures took to social media to vent their frustrations.

Oscar winner Jamie Lee Curtis said Trump’s win would usher in “a sure return to a more restrictive, some fear draconian time.”

“Fascist with total power… That may have been the last free election,” wrote actor John Cusack. “Horror is coming.”

Pop singer Cardi B, who appeared at a Harris rally last Friday, simply wrote: “I hate yall bad.” 

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)




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U.S. Elections 2024 results: Republicans take Senate majority for first time in 4 years https://artifexnews.net/article68835397-ece/ Wed, 06 Nov 2024 05:33:35 +0000 https://artifexnews.net/article68835397-ece/ Read More “U.S. Elections 2024 results: Republicans take Senate majority for first time in 4 years” »

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Republicans seized control of the U.S. Senate late Tuesday after flipping Democratic held seats, holding onto GOP incumbents and wresting away the majority for the first time in four years.

The unexpected battleground of Nebraska pushed Republicans over the top. Incumbent GOP Sen Deb Fischer brushed back a surprisingly strong challenge from independent newcomer Dan Osborn.

Follow U.S. Elections 2024 results LIVE updates

Democrats watched their efforts to salvage their slim majority slip out of reach as tallies rolled in across a map that favoured Republicans.

Early in the night, Republicans flipped one seat in West Virginia, with the election of Jim Justice, who easily replaced retiring Sen Joe Manchin.

Democratic efforts to oust firebrand Republicans Ted Cruz of Texas and Rick Scott of Florida collapsed.

While Texas hasn’t elected a Democrat statewide in almost 30 years, Colin Allred, a Dallas-area congressman and former NFL linebacker, positioned himself as a moderate and leaned into his support for reproductive rights amid Texas’ abortion ban, which is one of the strictest in the nation.

Mr. Cruz’s victory came after Democratic efforts to salvage their Senate majority evaporated when Democratic Sen Sherrod Brown in Ohio lost his reelection to Republican Bernie Moreno, a wealthy Trump-era newcomer.

Also Read | Democrat Nancy Pelosi wins reelection to U.S. House in California’s 11th Congressional District

Mr. Brown’s loss to Mr. Moreno, an immigrant from Bogota, Colombia, who built a fortune as a luxury car dealer and blockchain entrepreneur, puts the Democrats on the edge of losing Senate control. A three-term senator, he is the first incumbent to lose reelection.

The Ohio race between Mr. Brown and Mr. Moreno, who was backed by Donald Trump, is the most expensive of the cycle, at some $400 million.

With control of Congress at stake, the contests for the House and Senate will determine which party holds the majority and the power to boost or block a president’s agenda, or if the White House confronts a divided Capitol Hill.

The focus now turns to the Democratic “blue-wall” states of Pennsylvania, Michigan and Wisconsin, where Democrats are fighting to protect seats in what’s left of their slim hold on the Senate.

In the end, just a handful of seats, or as little as one, could tip the balance in either chamber. With a 50-50 Senate, the party in the White House determines the majority, since the vice president is a tie-breaker.

Already several states will send history-makers to the Senate.

Voters elected two Black women to the Senate, Democrat Lisa Blunt Rochester of Delaware and Democrat Angela Alsobrooks of Maryland, in a historic first.

Blunt Rochester won the open seat in her state while Alsobrooks defeated Maryland’s popular former Governor, Larry Hogan. Just three Black women have served in the Senate, and never before have two served at the same time.

And in New Jersey, Andy Kim became the first Korean American elected to the Senate, defeating Republican businessman Curtis Bashaw. The seat opened when Bob Menendez resigned this year after his federal conviction on bribery charges.

Elsewhere, House candidate Sarah McBride, a Democratic State lawmaker from Delaware who is close to the Biden family, won her race, becoming the first openly transgender person elected to Congress.

The key contests are playing out alongside the first presidential election since the Jan. 6, 2021, attack on the Capitol, but also in unexpected corners of the country after what has been one of the most chaotic congressional sessions in modern times.

Voters said the economy and immigration were the top issues facing the country, but the future of democracy was also a leading motivator for many Americans casting ballots in the presidential election.

AP VoteCast, an expansive survey of more than 110,000 voters nationwide, found a country mired in negativity and desperate for change as Americans faced a stark choice between former President Donald Trump and Vice President Kamala Harris.

Congress plays a role in upholding the American tradition of peacefully transferring presidential power. Four years ago, Trump sent his mob of supporters to “fight like hell” at the Capitol, and many Republicans in Congress voted to block President Joe Biden’s election. Congress will again be called upon to certify the results of the presidential election in 2025.

Billions of dollars have been spent by the parties, and outside groups, on the narrow battleground for both the 435-member House and 100-member Senate.

Top House races are focused in New York and California, where Democrats are trying to claw back some of the 10 or so seats where Republicans have made surprising gains in recent years with star lawmakers who helped deliver the party to power.

Other House races are scattered around the country in a sign of how narrow the field has become. Only a couple of dozen seats are being seriously challenged, with some of the most contentious in Maine, the “blue dot” around Omaha, Nebraska, and in Alaska.

Vote counting in some races could extend well past Tuesday.

“We’re in striking distance in terms of taking back the House,” House Democratic leader Hakeem Jeffries, who is in line to make history as the first Black speaker if his party wins control, told The Associated Press during a recent campaign swing through Southern California.

But House Speaker Mike Johnson, drawing closer to Trump, predicts Republicans will keep “and grow” the majority. He took over after Kevin McCarthy was booted from the Speaker’s office.

One of the most-watched Senate races, in Montana, may be among the last to be decided. Democrat Jon Tester, a popular three-term senator and “dirt farmer” is in the fight of his political career against Trump-backed Tim Sheehy, a wealthy former NAVY Seal, who made derogatory comments about Native Americans, a key constituency in the Western state.

Also Read | Republican Lt. Gov. Mike Kehoe defeats Democratic challenger to win Missouri governorship

Outgoing Senate Republican leader Mitch McConnell has spent a career focused on seizing and keeping majority power, but other opportunities for Republicans are slipping into long shots.

In the Southwestern states, Arizona firebrand Republican Kari Lake has struggled against Democrat Ruben Gallego in the seat opened by Sen. Krysten Sinema’s retirement. In Nevada, Democratic Sen. Jacky Rosen has been holding out against newcomer Sam Brown.

Democrats intensified their challenges to a pair of Republican senators — Cruz of Texas and Scott in Florida — in states where reproductive rights have been a focus in the aftermath of the Supreme Court decision rolling back abortion access. Mr. Scott defeated Democrat Debbie Mucarsel-Powell, a former member of Congress.

What started as a lacklustre race for control of Congress was instantly transformed once Harris stepped in for Mr. Biden at the top of the ticket, energizing Democrats with massive fundraising and volunteers that lawmakers said reminded them of the Obama-era enthusiasm of 2008.

Fallout from redistricting, when states redraw their maps for congressional districts, is also shifting the balance of power within the House, with Republicans set to gain several seats from Democrats in North Carolina and Democrats picking up a second Black-majority seat in Republican-heavy Alabama.

Also Read | Senator Bernie Sanders wins a fourth term representing Vermont

Lawmakers in the House face voters every two years, while senators serve longer six-year terms.

If the two chambers do in fact flip party control, as is possible, it would be rare.

Records show that if Democrats take the House and Republicans take the Senate, it would be the first time that the chambers of Congress have both flipped to opposing political parties.



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U.S. Stock market: Wall Street rallies on Election Day as economy remains solid https://artifexnews.net/article68835077-ece/ Wed, 06 Nov 2024 02:34:30 +0000 https://artifexnews.net/article68835077-ece/ Read More “U.S. Stock market: Wall Street rallies on Election Day as economy remains solid” »

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On Tuesday (November 6, 2024), U.S. stocks rallied as voters headed to the polls on the last day of the presidential election and as more data piled up showing the economy remains solid.

The S&P 500 rose 1.2% to pull closer to its record set last month. The Dow Jones Industrial Average climbed 427 points, or 1%, while the Nasdaq composite gained 1.4%.


Also Read: U.S. Elections 2024 voting LIVE: Donald Trump wins Florida, leads over Kamala Harris as early polls close

The market’s main event was the election, even if the result may not be known for days or weeks as officials count all the votes. Such uncertainty could upset markets, along with an upcoming meeting by the Federal Reserve on interest rates later this week. The widespread expectation is for it to cut its main interest rate for a second straight time.

Investors have already made moves in anticipation of a win by either former President Donald Trump or Vice President Kamala Harris. But Paul Christopher, head of global investment strategy at Wells Fargo Investment Institute, suggests not getting caught up in such pre-election moves, or even those immediately after the polls close, “which we believe will face inevitable tempering, if not outright reversals, either before or after Inauguration Day.”

The Dow and S&P 500 futures were up slightly, while the Nasdaq futures were unchanged as of 7:27 p.m. Eastern time, as several states on the East Coast closed polls and early returns began coming in.

In Asia, some benchmarks were moving higher in early trading Wednesday (November 7, 2024). The Nikkei 225 in Tokyo was 0.7% higher, while the Kospi in Seoul was up 0.5%. Australia’s S&P/ASX 200 added 0.8%.

Trump Media & Technology Group, the company behind the former president’s Truth Social platform, tumbled 20% in after-hours trading. It closed 1.2% lower during the regular session, when trading in the stock was halted multiple times due to volatility. The stock, which tends to move more with Mr. Trump’s re-election odds than on its own profit prospects, rallied strongly last month.

Despite all the uncertainty heading into the final day of voting, many professional investors suggest keeping the focus on the long term. The broad U.S. stock market has historically tended to rise regardless of which party wins the White House, even if each party’s policies can help and hurt different industries’ profits.

Since 1945, the S&P 500 has risen in 73% of the years where a Democrat was president and 70% of the years when a Republican was the nation’s chief executive, according to Sam Stovall, chief investment strategist at CFRA.

The U.S. stock market has risen more in magnitude when Democrats have been president, in part because a loss under George W. Bush’s term hurt the Republicans’ average. Mr. Bush took over as the dot-com bubble was deflating and exited office when the 2008 global financial crisis and Great Recession were devastating markets.

Besides whom will be president, other questions hanging over the market include whether the White House will be working with a unified Congress or one split by political parties, as well as whether the results will be contested.

The general hope among investors is often for split control of the U.S. government because that’s more likely to keep the status quo and avoid big changes that could drive the nation’s debt much, much higher.

As for a contested election, Wall Street has some precedent to look back to. In 2000, the S&P 500 dropped 5% in about five weeks after Election Day before Al Gore conceded to George W. Bush. That, though, also happened during the near-halving of the S&P 500 from March 2000 to October 2002 as the dot-com bubble deflated.

Four years ago, the S&P 500 rose the day after polls closed, even though a winner wasn’t yet clear. And it kept going higher after Mr. Trump refused to concede and challenged the results, which created plenty of uncertainty. A large part of that rally was due to excitement about the potential for a vaccine for COVID-19, which had just shut down the global economy.

The S&P 500 ended up rising 69.6% from Election Day 2020 through Monday (November 5, 2024), following President Joe Biden’s win. It rallied to records as the U.S. economy bounced back from the COVID-19 pandemic and managed to avoid a recession despite a jump in inflation.

In the four years before that, the S&P 500 rose 57.5% from Election Day 2016 through Election Day 2020, in part because of cuts to tax rates signed by Mr. Trump.

On Tuesday (November 6, 2024), excitement about the artificial-intelligence boom helped lift Wall Street following a strong profit report from Palantir Technologies. So did a report showing growth accelerated last month for U.S. services businesses, beating economists’ expectations for a slowdown.

The Institute for Supply Management said it was the strongest growth in more than two years. The report offered more hope that the U.S. economy will remain solid and avoid a long-feared recession following the worst inflation in generations.

Palantir jumped 23.5%. CEO Alexander Karp said, “We absolutely eviscerated this quarter, driven by unrelenting AI demand that won’t slow down.”

All told, the S&P 500 rose 70.07 points to 5,782.76 on Tuesday (November 6, 2024). The Dow gained 427.28 to 42,221.88, and the Nasdaq composite rallied 259.19 to 18,439.17.

In the bond market, the yield on the 10-year Treasury slipped to 4.28% from 4.29% late Monday (November 5, 2024).



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