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$4.6 trillion
“As discussions intensify on Capitol Hill over reupping President-elect Donald Trump’s signature tax cuts, Republicans are headed for a massive fight over what could be a nearly $5 trillion price tag,” Politico reports. “Top House and Senate lawmakers are deeply divided over what, if anything, to do about the hit to the budget that would come by renewing the slew of tax cuts benefiting millions of Americans that are set to expire at the end of next year.”
1.55%
In his victory speech on Nov. 6, President-elect Donald Trump claimed Americans had given him an “unprecedented and powerful mandate,” the Los Angeles Times reports. However: “The latest tally from the Cook Political Report shows Trump winning 49.83% of the popular vote, with a margin of 1.55% over Vice President Kamala Harris.”
75%
“Rupert Murdoch’s Fox News has captured nearly three-quarters of all US cable news audiences in the aftermath of Donald Trump’s election victory, as liberal Americans tune out of the former reality star’s transition to a second term in office,” the Financial Times reports. “Fox’s daily audiences have surged 40 percent since the November 5 vote, while viewership of the more left-leaning MSNBC and CNN have dropped 38 percent and 27 percent respectively, according to Nielsen figures.”
2.8%
Bloomberg: “Gross domestic product increased at a 2.8% annualized pace in the third quarter, the second estimate of the figures from the Bureau of Economic Analysis showed Wednesday. The economy’s primary growth engine — consumer spending — advanced 3.5%, the most this year.”
54%
The first post-election Emerson College poll finds President-elect Donald Trump’s favorability rating at 54%, a six-point increase from his pre-election favorability of 48%. President Joe Biden has a 36% job approval rating, a four-year low for the president in Emerson polls, while his disapproval rating remains steady at 52%.
750
New York Times: “Flash displays of hate and white power are happening more frequently in the United States, a trend that experts say is a reaction to changing demographics, political turmoil and social catalysts. More than 750 such incidents have taken place since 2020, according to the Anti-Defamation League, with more than half of them occurring in the last 18 months.”
$348 billion
“Elon Musk’s net worth hit an all-time high of $347.8 billion on Friday, driven by Tesla Inc.’s ongoing stock rally and a new funding round valuing his artificial intelligence startup xAI at $50 billion,” Bloomberg reports. “Musk’s numerous businesses have been surging in value since Donald Trump’s election victory propelled Musk, the so-called ‘first buddy,’ into the political spotlight.”
$350 million; 3,000 jobs
Weeks after hurricanes Helene and Milton, Florida businesses and their employees are still paying a staggering toll, reports Tampa Bay Times. According to claims business owners have voluntarily filed with the state, $350 million in damages have been reported statewide. More than half was concentrated in Pinellas and Hillsborough counties, covering nearly 2,000 businesses, making them the hardest hit in Florida. As of Nov. 1, damages had forced about 2,300 people across those counties out of work temporarily. Another 700 had lost their jobs permanently.
$5 million
Prime Minister Benjamin Netanyahu said Israel will pay $5 million to any Gaza resident who returns a hostage plus safe passage out of the war-ravaged territory, Bloomberg reports.
100,000+
“News influencers — people with at least 100,000 followers on Facebook, Instagram, TikTok, X or YouTube who regularly post about current events — are more likely to identify with the political right than the left, a new study from the Pew Knight Initiative found,” Axios reports.
