The “Blunami” is washing over markets. US stocks soared on Wednesday as investors digested the stunning streak of Democrat victories in the midterm elections. Major indexes initially dropped overnight before reversing to surge on Wednesday, with the Dow gaining nearly 1,600 points in the session. It marks the index’s best day since April 2025, when
“The harm in this matter is difficult to overstate,” wrote a New Mexico judge who ordered tech giant Meta to pay one of the largest data privacy case penalties in American history. The US$25 billion fine came in a case about how Trump campaign firm Cambridge Analytica deceptively used data from Facebook users without their
Keisha Lance Bottoms (D), Georgia Keisha Lance Bottoms. Megan Varner/Getty Images Democratic Keisha Lance Bottoms is now the first Black woman elected governor in US history after defeating Republican Rick Jackson. She is also Georgia’s first Black governor and first woman governor. Byron Donalds (R), Florida Byron Donalds. Andrew Harnik/Getty Images Byron Donalds is now
A “blue wave” hit the U.S. last night as the country tallied the votes of its 2026 midterm election, with key states like Ohio and South Carolina flipping from Republican to Democratic control. One of the most anticipated races took place in Texas, where Democrat James Talarico ultimately triumphed over Republican Ken Paxton as the
When my older son, Michael, was about 3, my husband and I took him and his baby brother to the Bronx Zoo. It was our first trip there as a family of four, and we were excited. We hadn’t been there more than 15 minutes when Michael spilled some juice on his shorts. Michael is
Weil, Gotshal & Manges’ collapse last week has set off a blame game over what made the storied law firm uniquely vulnerable. But focusing on Weil’s particular circumstances misses the bigger point. The legal profession’s traditional business model is under enormous strain, and its outdated taboo against outside capital must be reconsidered if firms of
