Midterm Elections

Former Treasury Secretary Lawrence H. Summers commended President Joe Biden in November 2022, saying one has to go back to John F. Kennedy’s times to find a Democratic president whose first mid-term elections went as well as Biden’s did. It looks like you have to go back...

As the Republican party gains back control of the House, the U.S. Congress is stuck once again in gridlock mode. With a Republican-controlled House, a Democratic president and a Senate divided in half with no defining supermajority, the Democratic and Republican parties have arrived at a new...

South Dakota failed to pass a Senate 3 bill that would have legalized adult-use cannabis.    "We commiserate with the people of South Dakota over the failure of this recent legalization initiative. It’s unfortunate that it did not succeed and even more unfortunate...

Missouri voters legalized adult-use cannabis by approving an initiative known as Amendment 3. The bill, which won by a comfortable margin of nearly 10%, expands the current medical marijuana program by allowing existing licensees to serve both medical and non-medical...

Heading into Tuesday’s election, Republicans were favored to win the Senate and House on PredictIt.org, a site that allows users to bet on political outcomes. But, as election results rolled in throughout the country, Democrats lead key Senate races in states like Pennsylvania and Georgia,...

The legalization of cannabis for adults in North Dakota will have to wait.   Measure 2, which would have legalized the possession and retail sale of marijuana lost by nearly ten percentage points in Tuesday's ballot. "It’s unfortunate that North Dakotans...

Ukraine is anxious that the U.S. midterm elections result may decide the future of its war against Vladimir Putin. What Happened: Amid mounting fears that a majority for Republicans may weaken American backing for Kyiv, Ukrainian lawmakers have expressed their concerns, Politico reported.  "We...

Maryland voted to legalize adult-use cannabis by what is shaping up to be a nearly 30% vote margin. Maryland is one of five states with measures on the ballot in this election allowing voters to decide whether to legalize recreational marijuana.  Beginning in July 2023, adults 21 and...

As voters head to the polls today to decide on marijuana legalization around the country among many other issues, the House Oversight Civil Rights and Civil Liberties Subcommittee announced that lawmakers will meet next week. The purpose of the hearing will be to discuss...

Billionaire entrepreneur and Tesla Inc (NASDAQ:TSLA) CEO Elon Musk said Monday that his historical party affiliation has been "independent" but recommended to his nearly 115 million Twitter followers that they elect a "Republican Congress." What Happened: Musk said in a tweet that "shared...

Kevin O’Leary, aka Mr. Wonderful, and Operation Hope CEO John Hope Bryant joined CNBC's "Squawk Box" early Monday to discuss what a potential shift in congressional power could mean for small businesses. The midterm elections, taking place on Tuesday,...

Voters in five mostly red states will vote in Tuesday's on whether or not to legalize cannabis for adult use: Arkansas, Maryland, Missouri, North Dakota and South Dakota. And, despite their conservative leanings, there’s a good chance most of them could say yes to cannabis,...

As voters endeavor to select the congressional candidates they believe would best assist the U.S. in navigating through historical issues it is currently facing, investors are wondering what's going to happen to equities. For the worried investor, don't fret. Historically speaking, markets...

Hawkish comments from the U.S. Federal Reserve weighed on markets last week. With midterm elections and more inflation data on the horizon, markets will be tested once again, but one analyst firm told investors to stay bullish on equities.  What To Know: Morgan Stanley's Michael...

Markets may be down, but cannabis optimism remains high heading into election season. With five states determining adult use legislation this November, another Green Wave could soon sweep the United States. The potential green wave brings ample business opportunities, legal cannabis sales and the...