As the dust begins to settle after Election Day, President Joe Biden addressed the nation. The battle to control a key branch of the U.S. government continues. And Cuba was left in the dark after Hurricane Rafael raked across the country. |
👋 Hey y'all. Laura Davis here. Ready for Thursday's news? It's ready for you. |
Biden promises smooth transition |
Pledging his administration's full support for a smooth transition of power, President Joe Biden spoke to the nation from the White House Rose Garden, telling supporters that "a defeat does not mean we are defeated." |
From the speech: "In a democracy, the will of the people always prevails," Biden said, two days after his vice president, Kamala Harris, lost the election to Trump. Trump famously refused to accept his loss to Biden four years ago. The president also lauded Harris, saying his "partner and public servant" ran an inspiring campaign after he dropped out this summer. 👉 More from Biden's speech. | President Joe Biden speaks about the 2024 election results in the Rose Garden at the White House on Thursday. Kevin Lamarque, Reuters |
All eyes were on vote counts in pivotal U.S. House races Thursday as both parties hoped to seize control of the lower chamber, a last chance for Democrats to check Republican power next year. It will take 218 seats to rule the House, and although neither party had reached the threshold early Thursday, the numbers appeared to favor Republicans. 👉 Here's what to expect with a GOP trifecta. |
A move to boost the economy |
In hopes of further slimming down costs for millions of Americans, the Federal Reserve lowered its key interest rate by a quarter-percentage point Thursday, its second straight rate cut amid easing inflation. But don't be surprised if the cuts slow from here on out, economic forecasters say. |
Why it matters: The Fed lifts rates to tamp down borrowing activity and inflation. It lowers rates to spark a softening job market and economy. And Trump's tax, trade and immigration policies are expected to partly reignite inflation, which has slowed substantially since 2022. 📊 What it means for your wallet. |
Hurricane Rafael slams Cuba |
Still packing winds of 100 mph, Hurricane Rafael remained at Category 2 strength after barreling across Cuba, pummeling the country with flooding rain and knocking out its vulnerable electrical grid. The storm pushed into the open water of the Gulf of Mexico on Thursday, the National Hurricane Center said. Over the next several days, Rafael was expected to steer well away from coaster areas, weakening and possibly dissipating before reaching the western Gulf Coast. 🌀 See the storm's track here. | People walk the street as Hurricane Rafael passes over Havana, Cuba, on Wednesday. Alexandre Meneghini, REUTERS | | | | Three weeks after Payne died from falling off a balcony in Argentina, the local prosecutor's office is accusing suspects of distributing drugs. | | | | Trump talked on the campaign trail about legal actions against Joe Biden, Kamala Harris, Nancy Pelosi and others. Will he follow through? | | | | Homes were burned and thousands evacuated after a fast-moving wildfire sprang up in Ventura County, northwest of Los Angeles. | | | | Florida's abortion amendment failed to pass with majority votes. Some women feel seen: 'Even when we win, we lose' | | | | In a widening bribery investigation in Jackson, Mississippi, the mayor, district attorney and a councilman have been indicted on federal charges. | | | | The diversion was called because someone reported an odor in the flight deck, according to a Delta Airlines spokesperson. | | | | There will be no exemptions for children who have parental consent, or who already have accounts. | | | | A "Jeopardy!" contestant is speaking out about how a controversial sexist clue was "a little uncomfortable" after show host Ken Jennings apologized. | | | | The contents of the 'black balls' that washed up on Sydney, Australia beaches last month have been identified after weeks of analytical testing. | | | | Black women campaigned to get more voters of colors to show up at the polls and help Kamala Harris make history. They mourn the loss of her bid. | | | | | | | Brighten your day with one of our games. | | | | | |
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