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    SEN MARKWAYNE MULLIN PULLS UP

    Will Americans finally pay less on credit card debt? Elizabeth Warren backs Trump's 10% interest rate cap after midterm wins

    For Americans carrying credit card debt, the difference between a 22% interest rate and a 10% rate could mean hundreds of dollars in savings every year. Now, Senator Elizabeth Warren says she is ready to work with President Donald Trump to make that lower rate a reality. The proposal has failed to gain traction before, but the Democrats’ strong midterm performance has brought the issue back into focus.

    California voters reject measure to tax the wealth of billionaires

    California's rejection of Proposition 40 marks a pivotal moment in the state's political landscape, as voters dismissed a billionaire tax intended to fund healthcare and education initiatives. With significant financial backing from figures like Sergey Brin, who contributed over $100 million against the measure, the campaign highlighted a stark divide between younger supporters and older opponents worried about economic instability.

    After saying deportation policy was too tough, Trump now says it's 'very strong,' rejects 'amnesty'

    The comments from Trump came after Homeland Security Secretary Markwayne Mullin earlier Monday also said that while he has been fielding calls from Democrats interested in working on immigration policy, he was adamantly opposed to any deal that would include amnesty.

    US: Senate advances sweeping energy legislation in first major action since midterm elections

    The Senate voted 73-25 to formally take up the bill, which senators and the president have pushed as a way to meet growing demand for electricity and other forms of energy that now face yearslong delays in getting to the grid.

    Why Mississippi, Alaska Senate election results are not yet out; check the real reason behind these two US states not declaring winners

    As counting issues linger, the Senate races in Mississippi and Alaska remain unresolved. Mississippians await results due to ongoing processing of absentee and provisional ballots, positioning Democrat Scott Colom and Republican Cindy Hyde-Smith in a fiercely competitive race. In Alaska, the situation is prolonged with its ranked-choice voting system.

    If AI unwinding pulls power stocks down, mind the difference between narrative and business: 6 stocks with upside potential of up to 30%

    It is quite possible that, over the coming weeks, the narrative on the street could be that power stocks, which many had started to treat as a kind of proxy for the AI build-out, would come under pressure. But linking these stocks to global unwinding in the AI trade could be a mistake because demand for power in India depends on something far bigger and far older.

    The Economic Times
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