• Published19 minutes ago
"Crushing midterm rebuke to Trump," reads the headline on the front page of the Financial Times.
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Almost all the front pages carry the results of the US midterm elections, where President Donald Trump's Republican Party is suffering heavy defeats and will lose control of Congress. "Crushing midterm rebuke to Trump" is the Financial Times' verdict, embedding a tally of the results so far - which show the Democrats winning majorities in the Senate and House of Representatives. "Anger over cost of living spurs Democratic blue wave" the paper says, providing its business-focused audience a taste of the market reaction by reporting "oil prices tumble and tech hyperscalers' shares surge".