The Supreme Court is currently deliberating on the legality of tariffs imposed during Trump's administration, marking a significant examination of presidential power in economic policy. This case is crucial as it could set a precedent for how future administrations can implement tariffs and influence trade relations, impacting both domestic and international markets.

Today, the Supreme Court is set to hear a significant case regarding former President Trump's imposition of global tariffs without Congressional approval. This case is crucial as it could redefine the limits of presidential power in trade matters and set a precedent for future administrations. The outcome may also impact financial markets, as indicated by the wavering Dow futures, reflecting investor uncertainty about the ruling's implications.

In a surprising turn of events, the Democrats achieved significant victories in major races, leading President Trump to suggest that the GOP's disappointing performance was due to his absence from the ballot. This reaction highlights the ongoing tensions within the Republican Party and raises questions about Trump's influence on future elections. As the political landscape shifts, these results could signal a challenging road ahead for GOP candidates.

Orsted, a leading offshore wind energy company, reported a net loss in the third quarter, largely attributed to challenges faced in the US market during the Trump administration. This downturn highlights the difficulties renewable energy companies can encounter due to political and regulatory changes, raising concerns about the future of clean energy investments in the US.

Mamdani's victory in New York marks a significant win for the Democratic Party, as they also triumphed in New Jersey and Virginia. This electoral sweep sends a clear message to President Trump and his party, reflecting voters' dissatisfaction.

As the government shutdown looms, Trump officials are warning that the situation could worsen, leading to increased pain for many Americans. The uncertainty surrounding the shutdown raises concerns about its impact on the economy and public services.

Markets are adapting to the new phase of Trump, often referred to as Trump 2.0, and assets are performing strongly. However, it's important to keep an eye on inflation as it could impact future growth.

In a surprising turn of events, left-wing candidate Mamdani has won the mayoral race in New York City, marking a significant victory for Democrats and a notable blow to Trump. This historic win makes Mamdani the first Muslim to lead the largest city in the United States, shaking up the political landscape.