CVS Health to split pharmacy chain from health insurance

Republicans are blaming Donald Trump for midterm defeats, with angry party figures openly criticizing his role. Elon Musk’s large financial backing also failed to deliver Texas for the Republicans. The fallout highlights intra-party tensions and the limits of high-profile spending in the midterms.

The United Nations says funding to help poorer countries cope with the climate crisis has stalled. This matters because vulnerable nations need steady support for adaptation and resilience, and a slowdown could undermine global climate efforts and trust.

Markets reacted to Democrats’ midterm election victory with the dollar falling while gold and US Treasury bonds rallied. Investors are assessing how the political outcome could affect fiscal policy, inflation and interest rates. The moves matter because they signal shifts in global risk sentiment and demand for safe-haven assets.

Democrats won a series of elections in areas long held by Republicans, wins BBC North America correspondent Anthony Zurcher describes as historic. The results point to shifting political momentum and could reshape the map of competitive races ahead.

US midterm elections will give voters a chance to pass judgment on President Trump’s second term and decide the balance of power in Congress. The results could constrain or strengthen Trump’s agenda and signal the national political mood ahead of the next presidential race.