Democrats win control of US Congress in landslide as Trump branded ‘lame duck’

Democrats’ capture of Congress raise expectations of tougher regulation of AI sector; US stock futures fall but later pare losses Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. The dollar has hit a one-month low, US stock futures are down and gold rose after the Democrats won control of Congress, increasing expectations of tougher regulation of the AI sector. There’s been a rally for US Treasuries as well, given that divided government

With the world closely watching a historic defeat for the Republicans in Tuesday’s midterms election, Iran has said the results are an emphatic public rejection of Donald Trump’s war in the Middle East.

Boss Rob Papps stressed that the company’s performance was “positive” in the face of a challenging backdrop for the sector

Katie Miller admitted that she, a mom of four, did not exercise her right to vote as Democrats took control of the House and the Senate