Apple partners with Klarna for lease-to-own program on devices

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 nearly every closely watched race against Republicans, according to Wired. The sweeping results could reshape political power and signal a broad shift in voter support.

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.

Canva announced layoffs affecting 22 percent of its workforce alongside broader company changes. The move makes the design platform one of the larger tech firms to undertake a major staff reduction, affecting many employees and signaling continued cost-cutting across the sector.

The hidden AI-related debt of major US technology companies reportedly rose 90% to $3.2 trillion over six months, according to Hacker News. The scale of these less-visible obligations could raise concerns about financial risk as firms expand AI infrastructure. It matters because large hidden liabilities may affect investor confidence and the broader tech sector.