After Republicans secured the House majority and John Thune was elected Senate majority leader, the final outcome of the 2024 election remains unclear with five uncalled House races. The GOP is projected to maintain control of the House with 218 seats to Democrats’ 212. Several races in California are still undecided, with results to be certified on Dec. 13. Key races include Alaska’s at-large district, California’s 13th Congressional District, and Iowa’s 1st Congressional District, where incumbents are facing close contests.
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Stellantis warns of $1.7 billion earnings hit from tariffs
Stellantis announced that President Trump's tariffs will cost the automaker approximately €1.5 billion ($1.7 billion) in 2025, primarily affecting earnings in the second half of the year. While the company is engaging with policymakers regarding the tariffs, its operations in North America are particularly impacted, similar to other manufacturers like GM and Volkswagen, which are also facing significant tariff-related losses. Want More Context? 🔎
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