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Here’s a quick recap of the crypto landscape for Wednesday (November 5) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$103,902, a 3.3 percent increase in 24 hours and its highest valuation of the day. Bitcoin’s lowest valuation on Wednesday was US$102,377.

Bitcoin price performance, November 5, 2025.

Chart via TradingView.

Both Bitcoin and Ether (ETH) are showing signs of recovery after a volatile start to the week. Current price action is driven by derivatives liquidations, options settlement dynamics and sustained retail and institutional fear.

Ether ended the trading day at US$3,448.04, an increase of 7.5 percent over the last 24 hours. Its lowest valuation of the day was US$3,326.02. Like Bitcoin, Ether is attempting a rebound near a significant technical and psychological level, but uncertainty remains elevated. The Fear and Greed Index remains in “extreme fear” at 20, reflecting persistent nervousness after long-term holders and whales triggered mass liquidations.

“Market data and technical signals suggest Bitcoin may trade within a US$94,000–US$118,000 range in the near term. The lower bound represents a healthy retracement zone consistent with subdued ETF inflows, while the upper range reflects a measured recovery below the October high near US$125K. Ethereum is likely to move between US$3,000 and US$4,400, supported by Layer-2 expansion and renewed DeFi participation,’ she said via email.

“Overall, the market appears to be stabilizing in a more disciplined, data-driven manner, signaling that confidence is returning through structural resilience and steady capital reallocation.”

Meanwhile, Galaxy’s head of research, Alex Thorn, said that the investment company has lowered its 2025 Bitcoin price forecast from US$185,000 to US$120,000.

Altcoin price update

  • Solana (SOL) was priced at US$162.69, up by 6.6 percent over the last 24 hours and at its highest valuation of the day. Its lowest was US$157.65.
  • XRP was trading for US$2.37, up by 9.7 percent over the last 24 hours to its highest valuation of the day. Its lowest was US$2.25.

Crypto derivatives and market indicators

Over the past four hours, Bitcoin has seen liquidations totaling US$16.11 million, mostly in short positions, suggesting a short-covering rally and improving near-term sentiment. Futures open interest is fractionally down 0.15 percent to US$70.17 billion, indicating a minor position reduction after aggressive selling earlier in the week.

The funding rate is neutral at 0.001, signaling balanced sentiment between longs and shorts, while implied volatility remains elevated at 45.9 percent, pointing to continued market uncertainty.

Max pain for options expiry sits at US$104,000, a level that the Bitcoin price is approaching.

Meanwhile, US$27.84 million in Ether options positions, also primarily shorts, have been liquidated in the past four hours, contributing to the uptrend as risk reversals shift. Ether has seen a 1.51 percent increase in open interest to US$40.3 billion, and its funding rate is slightly negative at -0.001, strengthening the bullish undertone.

Bitcoin dominance stands at 57.21 percent.

Today’s crypto news to know

Ripple secures US$500 million boost at US$40 billion valuation

Ripple has raised US$500 million in a new funding round led by Fortress Investment Group and Citadel Securities, valuing the company at US$40 billion. The investment follows Ripple’s US$1 billion tender offer earlier this year at the same valuation, marking a continuation of investor confidence in the firm’s long-term outlook.

Ripple said the funds will strengthen its partnerships with financial institutions and expand its services across custody, stablecoin issuance and crypto treasury management. The company’s RLUSD stablecoin has gained traction for corporate payments amid clearer US regulations under the GENIUS Act. The funding also positions Ripple to deepen its role in global payments as more firms integrate stablecoins into settlement networks.

Canada announces plans to introduce stablecoin legislation

The Canadian government announced as part of its 2025 budget that it plans to introduce legislation regulating fiat-backed stablecoins. The legislation aims to provide a secure, stable framework encouraging the development of Canadian-dollar pegged stablecoins, modernizing payment systems and fostering digital innovation.

The new rules will require stablecoin issuers to maintain sufficient asset reserves to back their digital currencies, safeguard consumer interests and comply with national security standards to protect personal data.

The Bank of Canada will receive C$10 million over two years starting in the 2026 to 2027 period to oversee the new framework, with ongoing costs expected to be covered by stablecoin issuers.

Northern Data exits Bitcoin mining in US$200 million AI transition

Northern Data Group, Europe’s largest Bitcoin-mining company, is divesting its mining arm, Peak Mining, in a deal worth up to US$200 million as it pivots entirely toward artificial intelligence (AI) infrastructure. The transaction includes US$50 million in upfront cash and up to US$150 million in performance-based payments tied to future profits.

The move follows the Bitcoin halving this past April, which cut mining revenues in half and accelerated the firm’s strategic shift. The company plans to repurpose its mining facilities in Texas for high-performance AI workloads, which can yield up to 10 times more revenue per megawatt than Bitcoin mining.

The company already owns over 220,000 GPUs through prior acquisitions.

Balancer protocol suffers major exploit

The Balancer DeFi protocol suffered a major exploit on Tuesday (November 3), losing about US$128 million in assets from its V2 Composable Stable Pools due to a precision rounding error and access control flaws in its smart contracts.

According to a report released after the attack, the infiltrator manipulated swap calculations and batch swaps to drain liquidity across multiple blockchains, including Ether, Polygon, Arbitrum and others.

Balancer promptly paused affected pools, confirmed no impact on V3 or other versions, and is collaborating with forensic and security experts to trace and recover funds. So far, US$19.3 million worth of StakeWise osETH has been recovered. Balancer has offered a white hat bounty for full asset return within 48 hours and continues investigating.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Fertilizer prices remained elevated in Q3 compared to both the first half of the year and the end of 2024.

Potash prices surged at the start of the year as the Trump administration threatened tariffs on Canada, the top supplier to US farmers. During the third quarter, prices were 20 percent higher than at the end of last year.

Meanwhile, phosphate prices continued to climb through Q3 on the back of supply shortages, spurred by export restrictions from top producer China. Prices were further influenced by US tariffs.

What happened to phosphate and potash prices in Q3?

According to data from the World Bank, the average quarterly phosphate price rose to US$770.60 per metric ton (MT), up from US$673.20 in Q2, and significantly higher than the annual average of US$563.70 in 2024.

On a monthly basis, phosphate climbed to US$736 in July, then climbed to a three year high of US$795.10 in August. Since then, the price has fallen to US$780.63 in September and US$754 in October.

The quarterly average for potash fell slightly in Q3 to US$352.20 per MT, down from US$359.20 the previous quarter, but remained higher than US$283.90 in the last quarter of 2024.

On a monthly basis, potash prices eased to US$362.50 in July, and continued to fall to US$356.50 in August. They sank further to US$352.50 in September and US$352 in October.

What factors impacted phosphate in Q3?

Phosphate prices have been primarily influenced over the last several years by export restrictions from China, which have declined to 6.6 million MT in 2024 from 9 million MT in 2021. The restrictions were put in place to protect the domestic supply, and while the hope was that they would eventually ease, that hasn’t happened.

“As expected, their exports started to arrive in July to September; however, the government had a self-imposed October 15 cutoff date for export submission. That date came and went without an extension, so now the belief is their flows will slow to a crawl very soon,” he said. The situation may face additional headwinds, as China has imposed more restrictions on key battery technologies and precursors for phosphate-based batteries. These restrictions will add to demand for ex-China supply as the agricultural sector competes with battery makers for a limited supply of phosphate.

Demand for phosphate is also high, particularly from India, which has been working to increase its stockpiles since the end of 2024, when they reached a low of 1.1 million MT. However, stockpiles had more than doubled to 2.4 million MT at the start of October, with imports climbing to 4 million MT during the April to September period.

Much of the demand has been covered by supply from Saudi Arabia and Morocco, which signed several offtake agreements with Indian importers in July. “They were a major driver of higher prices for much of 2025 as they played catch up on stockpiles, and have finally reached a comfortable number of tons, which has allowed them to slow their desperate pace. The slower demand pace has allowed the market time to breathe/correct lower,” Linville said.

For US-based farmers, supply isn’t the only issue.

On August 7, a host of new tariffs as high as 25 percent were applied to phosphate imports, including from Saudi Arabia, which accounted for 54.7 percent of imports during the first five months of the year. Although there were some concerns that higher prices could prompt farmers to rethink their strategy, Linville hasn’t seen that materialize either.

With reports that farm yields this year have been higher, it may prompt farmers who have been on the fence about a fall application of phosphate to reconsider, as a significant yield would indicate some phosphate soil depletion.

“While still spoty, we are continuing to hear reports that phosphate demand is better than expected,” he said.

However, Linville noted that a surge in last-minute demand it could make supplies tighter and limit the ability for phosphate to make it onto the fields.

What factors impacted potash in Q3?

Linville said potash news was quiet during the quarter, pointing to stable prices and a well-supplied market.

In July, BHP (ASX:BHP,NYSE:BHP,LSE:BHP) announced it was delaying the opening of its Jansen mine in Saskatchewan. It was initially slated to start production in 2026, but has instead moved its timeline back to 2027 and is also considering pushing the second phase to 2031, citing cost overruns that have ballooned to US$7 billion.

Although potash has so far escaped US tariffs, Linville noted some concern following Ontario’s anti-tariff ad, which ran in the US during the World Series. “We continue to hope/believe that potash will be left alone as part of the North America Trade agreement. Assuming potash is left alone, markets should continue as normal; however, if we start seeing barriers to entry, US farmers will likely bear the brunt of most/all of those tariffs,” he said

Potash and phosphate price forecast for 2025

While potash markets remain stable, phosphate markets are much more dynamic.

Unless there is a significant shift in China’s exports, supply should remain tight. In his most recent weekly update on November 5, Linville noted that the situation could become dire for US consumers before the end of the year.

“We continue to advise our people that if they decide they need phosphate after all, do not wait to lock it up. Days very well may matter. Heck, hours might matter. Supplies are tight and can ill-afford a sudden demand jump,” he wrote.

Additionally, markets are likely to become further strained in the years to come as limited supply meets increased demand from outside the agricultural sector.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

U.S.-based companies announced more than 153,000 job cuts in October, the research firm Challenger, Gray & Christmas reported Thursday.

“This is the highest total for October in over 20 years, and the highest total for a single month in the fourth quarter since 2008,’ the firm said in a news release.

From January through the end of October, employers have announced the elimination of nearly 1.1 million jobs. It’s the most Challenger has recorded since 2020, when the Covid-19 pandemic shut down the global economy.

“October’s pace of job cutting was much higher than average for the month,’ Andy Challenger, the firm’s chief revenue officer, said in a statement. The last time there was a higher October monthly total was in 2003.

“Some industries are correcting after the hiring boom of the pandemic, but this comes as AI adoption, softening consumer and corporate spending, and rising costs drive belt-tightening and hiring freezes,” he said.

On Wednesday, the private payroll processor ADP released its own October jobs data, showing that employers added just 42,000 jobs in the month.

The ADP report also flagged job losses in the leisure and hospitality sector as a potential sign of trouble ahead, given the industry’s acute sensitivity to consumer sentiment.

ADP’s chief economist called the losses in hospitality and leisure a ‘concerning trend.’

Both Challenger and ADP’s reports landed as major companies such as Amazon, IBM, UPS, Target, Microsoft, Paramount and General Motors announced plans to eliminate tens of thousands of jobs.

Despite the wave of downbeat economic news, the Trump administration continues to deliver an upbeat take on the current environment.

“Jobs are booming” and “inflation is falling,” Treasury Secretary Scott Bessent said Tuesday.

However, the most recent available data paints a different picture.

Inflation has also been on the rise. Prices as measured by the Consumer Price Index overall have risen every month since April.

A spokesperson for the Treasury Department did not immediately reply to a request for comment on the Challenger report.

Challenger’s report does not typically carry the same weight with economists and investors as federal jobs data, owing to its methodology.

To arrive at its figures, the firm compiles the number of job cuts companies have publicly announced. But employers may not ultimately carry out all the cuts they roll out.

Moreover, some of the job cuts that multinational companies announce could affect workers outside of the United States. Other headcount reductions could be achieved through attrition, rather than layoffs. The report also may not capture smaller layoffs over the long run.

But in the midst of a federal data blackout caused by the government shutdown, Challenger’s latest report is being read more closely than usual.

The federal government’s October jobs report that would traditionally be released Friday will not be published this week, due to the shutdown.

Other key data about the U.S. economy like GDP and an inflation indicator called PCE, closely watched by the Federal Reserve, has also been delayed.

Challenger equated the impact of AI on the current labor market to the rise of the internet in the early aughts. “Like in 2003, a disruptive technology is changing the landscape,” it said.

‘Technology continues to lead in private-sector job cuts as companies restructure amid AI integration, slower demand, and efficiency pressures,’ Challenger said.

But even firms that are not actively cutting jobs have warned that they do not plan to add to their headcount in the near term, with several pointing directly to AI’s impact on their personnel needs.

On Wednesday night, JPMorgan Chase CEO Jamie Dimon told CNN that headcount at his company would likely remain steady as the nation’s largest bank rolls out AI internally.

Goldman Sachs CEO David Solomon also recently told his employees that the firm would ‘constrain headcount growth through the end of the year,’ as it takes advantage of AI efficiencies, Bloomberg reported.

This post appeared first on NBC NEWS

President Donald Trump said on Wednesday morning that the ongoing government shutdown was partly to blame for Republican losses on Election Day.

Trump told reporters during a breakfast with GOP lawmakers at the White House that election night on Tuesday ‘was not expected to be a victory,’ saying the 36-day government shutdown was one of two possible reasons.

‘I think, if you read the pollsters, the shutdown was a big factor,’ Trump said. ‘Negative for the Republicans, and that was a big factor.’

Trump added: ‘And they say that I wasn’t on the ballot and was the biggest factor. But I don’t know about that. But I was honored that they said that.’

His remarks come after Democrats won resoundingly in multiple states on Tuesday, with exit polls showing economic worries were very much on the minds of voters.

‘I don’t think it was good for Republicans,’ Trump said of the election results. ‘I don’t think it’s good. I’m not sure it was good for anybody.’

Some major losses for Republicans included the New York City mayoral race, and contests for governor in New Jersey and Virginia. Democrats also secured another expected win in California, where voters approved a new congressional map that is designed to help their party win five more U.S. House seats in next year’s midterm elections.

On the morning following the defeats, Trump called on lawmakers to bring the 36-day government shutdown, now the longest on record, to an end. 

‘We must get the government open,’ Trump said, going on to push Republican senators to end the filibuster.

‘It’s time for Republicans to do what they have to do,’ he said. ‘Terminate the filibuster.’

The Associated Press contributed to this report.

This post appeared first on FOX NEWS

House GOP leaders’ daily government shutdown press conference briefly descended into chaos on Wednesday when a Democratic lawmaker interrupted the event.

Rep. Chrissy Houlahan, D-Pa., a moderate Democrat, shared a heated exchange with Speaker Mike Johnson, R-La., after crashing his remarks outside the U.S. Capitol while demanding he meet with her caucus to end the shutdown.

Johnson told her, ‘You should respect free speech,’ to which Houlahan responded, ‘You should respect free speech.’

‘I’m asking a question if you’re ready to have a conversation with the other side,’ Houlahan shouted from where reporters were gathered at the press conference. ‘You represent all of us. You are the speaker for all of us, sir.’

Johnson attempted to take a question from a reporter but told them, ‘I can’t hear you because we have someone who doesn’t respect the rights of their colleagues.’

Meanwhile, Houlahan kept shouting over the speaker even as he tried to call order.

‘You have an obligation not just to speak lies to the American people, you have an obligation to call the leadership of both parties and bring us together, and solve this problem together,’ she yelled.

House GOP Conference Chair Lisa McClain, R-Mich., erupted back, ‘You have an obligation!’

‘We did that before the shutdown began. I went to the White House. We went and sat in front of the Resolute Desk. We brought [House Minority Leader Hakeem Jeffries, D-N.Y., and Senate Minority Leader Chuck Schumer, D-N.Y.] in and we had a discussion,’ Johnson responded. 

‘The president said, ‘Please don’t shut the government down, it would all this pain to the American people.’ This has never happened before. It is a clean, non-partisan CR that every Democrat, including you, voted no on,’ he said.

Houlahan shot back, ‘You are absolutely misrepresenting history, sir, and you know that you are, and you’re dividing the American people unnecessarily.’

The two continued to speak over each other, with Johnson accusing Houlahan of having ‘regret’ for her vote.

‘No, sir, I do not regret anything. It’s important that we work together and that we unify,’ she responded.

Johnson said, ‘I appreciate your input. Now somebody give me a question that’s real.’

‘I appreciate you too,’ she finished.

Tensions are running high on Day 36 of the government shutdown, now the longest such standoff in U.S. history.

It was Johnson’s first shutdown press conference after Tuesday night’s sweeping victories for Democrats during elections in Virginia, New Jersey and New York City.

Republicans had anticipated Democrats’ resolve was weakening amid a lack of funding for food aid programs and paychecks for air traffic controllers, but Tuesday night’s wins appear to have emboldened some on the left as well.

The House passed a short-term federal funding bill on Sept. 19 aimed at giving lawmakers until Nov. 21 to strike a deal on fiscal year (FY) 2026 spending levels.

But at least some Democrats are needed to advance the legislation in the Senate, where it’s failed 14 times over the left’s demand that any funding deal be paired with an extension of COVID-19 pandemic-era Obamacare subsidies that are set to expire at the end of this year.

Republicans have contended that federal funding and healthcare are issues that must be considered separately.

This post appeared first on FOX NEWS

A new bipartisan bill introduced by Sens. Josh Hawley, R-Mo., and Richard Blumenthal, D-Conn., would bar minors (under 18) from interacting with certain AI chatbots. It taps into growing alarm about children using ‘AI companions’ and the risks these systems may pose.

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What’s the deal with the proposed GUARD Act?

Here are some of the key features of the proposed Guard Act:

  • AI companies would be required to verify user age with ‘reasonable age-verification measures’ (for example, a government ID) rather than simply asking for a birthdate.
  • If a user is found to be under 18, a company must prohibit them from accessing an ‘AI companion.’
  • The bill also mandates that chatbots clearly disclose they are not human and do not hold professional credentials (therapy, medical, legal) in every conversation.
  • It creates new criminal and civil penalties for companies that knowingly provide chatbots to minors that solicit or facilitate sexual content, self-harm or violence.

The motivation: lawmakers cite testimony of parents, child welfare experts and growing lawsuits alleging that some chatbots manipulated minors, encouraged self-harm or worse. The basic framework of the GUARD Act is clear, but the details reveal how extensive its reach could be for tech companies and families alike.

Why is this such a big deal?

This bill is more than another piece of tech regulation. It sits at the center of a growing debate over how far artificial intelligence should reach into children’s lives.

Rapid AI growth + child safety concerns

AI chatbots are no longer toys. Many kids are using them. Hawley cited more than 70 percent of American children engaging with these products. These chatbots can provide human-like responses, emotional mimicry and sometimes invite ongoing conversations. For minors, these interactions can blur boundaries between machine and human, and they may seek guidance or emotional connection from an algorithm rather than a real person.

Legal, ethical and technological stakes

If this bill passes, it could reshape how the AI industry manages minors, age verification, disclosures and liability. It shows that Congress is ready to move away from voluntary self-regulation and toward firm guardrails when children are involved. The proposal may also open the door for similar laws in other high-risk areas, such as mental health bots and educational assistants. Overall, it marks a shift from waiting to see how AI develops to acting now to protect young users.

Industry pushback and innovation concerns

Some tech companies argue that such regulation could stifle innovation, limit beneficial uses of conversational AI (education, mental-health support for older teens) or impose heavy compliance burdens. This tension between safety and innovation is at the heart of the debate.

What the GUARD Act requires from AI companies

If passed, the GUARD Act would impose strict federal standards on how AI companies design, verify and manage their chatbots, especially when minors are involved. The bill outlines several key obligations aimed at protecting children and holding companies accountable for harmful interactions.

  • The first major requirement centers on age verification. Companies must use reliable methods such as government-issued identification or other proven tools to confirm that a user is at least 18 years old. Simply asking for a birthdate is no longer enough.
  • The second rule involves clear disclosures. Every chatbot must tell users at the start of each conversation, and at regular intervals, that it is an artificial intelligence system, not a human being. The chatbot must also clarify that it does not hold professional credentials such as medical, legal or therapeutic licenses.
  • Another provision establishes an access ban for minors. If a user is verified as under 18, the company must block access to any ‘AI companion’ feature that simulates friendship, therapy or emotional communication.
  • The bill also introduces civil and criminal penalties for companies that violate these rules. Any chatbot that encourages or engages in sexually explicit conversations with minors, promotes self-harm or incites violence could trigger significant fines or legal consequences.
  • Finally, the GUARD Act defines an AI companion as a system designed to foster interpersonal or emotional interaction with users, such as friendship or therapeutic dialogue. This definition makes it clear that the law targets chatbots capable of forming human-like connections, not limited-purpose assistants.

How to stay safe in the meantime

Technology often moves faster than laws, which means families, schools and caregivers must take the lead in protecting young users right now. These steps can help create safer online habits while lawmakers debate how to regulate AI chatbots.

1) Know which bots your kids use

Start by finding out which chatbots your kids talk to and what those bots are designed for. Some are made for entertainment or education, while others focus on emotional support or companionship. Understanding each bot’s purpose helps you spot when a tool crosses from harmless fun into something more personal or manipulative.

2) Set clear rules about interaction

Even if a chatbot is labeled safe, decide together when and how it can be used. Encourage open communication by asking your child to show you their chats and explain what they like about them. Framing this as curiosity, not control, builds trust and keeps the conversation ongoing.

3) Use parental controls and age filters

Take advantage of built-in safety features whenever possible. Turn on parental controls, activate kid-friendly modes and block apps that allow private or unmonitored chats. Small settings changes can make a big difference in reducing exposure to harmful or suggestive content.

4) Teach children that bots are not humans

Remind kids that even the most advanced chatbot is still software. It can mimic empathy, but does not understand or care in a human sense. Help them recognize that advice about mental health, relationships or safety should always come from trusted adults, not from an algorithm.

5) Watch for warning signs

Stay alert for changes in behavior that could signal a problem. If a child becomes withdrawn, spends long hours chatting privately with a bot or repeats harmful ideas, step in early. Talk openly about what is happening, and if necessary, seek professional help.

6) Stay informed as the laws evolve

Regulations such as the GUARD Act and new state measures, including California’s SB 243, are still taking shape. Keep up with updates so you know what protections exist and which questions to ask app developers or schools. Awareness is the first line of defense in a fast-moving digital world.

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Kurt’s key takeaways

The GUARD Act represents a bold step toward regulating the intersection of minors and AI chatbots. It reflects growing concern that unmoderated AI companionship might harm vulnerable users, especially children. Of course, regulation alone won’t solve all problems, industry practices, platform design, parental involvement and education all matter. But this bill signals that the era of ‘build it and see what happens’ for conversational AI may be ending when children are involved. As technology continues to evolve, our laws and our personal practices must evolve too. For now, staying informed, setting boundaries and treating chatbot interactions with the same scrutiny we treat human ones can make a real difference.

If a law like the GUARD Act becomes reality, should we expect similar regulation for all emotional AI tools aimed at kids (tutors, virtual friends, games) or are chatbots fundamentally different? Let us know by writing to us at Cyberguy.com.

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Democrat Abigail Spanberger defeated Republican Winsome Earle-Sears to win the Virginia governor’s race, tallying significant leads among reliable Democratic groups while capitalizing on economic worries and the deep unpopularity of President Donald Trump in the state.

Spanberger will be the first woman to hold the office in the Old Dominion State.

The former Virginia congresswoman replaces term-limited Republican Governor Glenn Youngkin, who was the first Republican to win a statewide election in Virginia in 12 years when he was elected in 2021. That race surprised many in that it was much closer than the 2020 presidential race the year before, when Joe Biden defeated Trump by 10 points. This year it was the other way around, with Spanberger well exceeding the 2024 presidential margin that saw Harris over Trump by only six points.

Trump was undoubtedly a factor in the race, even though he wasn’t on the ballot. Close to six in 10 Virginia voters disapproved of the job he is doing, while more than half said they strongly disapprove. The vast majority of these voters backed Spanberger.

Two-thirds of Spanberger supporters said their vote was expressly to show opposition to the president. That compares to about one-third of those backing current Lt. Governor Earle-Sears who said theirs was to show support.

Aside from those sending a signal of opposition to Trump, Spanberger’s strong appeal to Black voters, college graduates and the young was more than enough to offset Earle-Sears’ strength among White men, White evangelicals and those with no college degree, according to near-final data from the Fox News Voter Poll, a survey of more than 4,000 Virginia voters.

Not even the prospect of voting for the first Black woman governor of any state seemed to move Black voters, who backed Spanberger by about a nine to one margin.

Spanberger also benefited from a significant gender gap. Indeed, 65% of women backed her compared to 35% for Earle-Sears, a 30-point advantage; and men supported Earle-Sears by 4 points (48% for Spanberger, 52% Earle-Sears) – leaving a gender gap of 34 points, one of the largest in recent memory.

Neither party is very popular in the state, half of voters said they have an unfavorable opinion of Democrats, and more than half felt that way about Republicans.

Between the two candidates, however, Spanberger garnered a net-positive rating – more than half had a favorable opinion of her – compared to Sears, and more than half viewed her unfavorably.

Voters continue to be happy with Youngkin. More than half approved of the job he is doing as governor.

The top characteristic Virginia voters wanted in a candidate was someone who shares their values, followed by someone who is honest and trustworthy.

Values voters broke for Earle-Sears while Spanberger carried those looking for honesty.

Spanberger focused heavily on the economy during the campaign, specifically banging home the deleterious effects that Trump administration efforts to upend government in D.C. are having on Virginia, home to a large number of federal workers.

More than six in 10 of those federal employees backed Spanberger.

The economy was by far the top issue for Virginia voters – with close to half ranking it as the most important. Those voters broke significantly for Spanberger.

Healthcare was the second most important concern – another issue Spanberger hit hard in the wake of the federal government shutdown and people facing the possible loss of health benefits.

Those voters who said healthcare was their number one issue went overwhelmingly for Spanberger – by about four to one.

Overall, Virginia voters – about six in 10 – think the economy is doing pretty well. Those voters backed Earle-Sears.

But when it comes to their own family’s finances, most said they were either holding steady or falling behind. Both of those groups went for Spanberger.

And of the six in 10 voters who said the federal budget cuts had affected their family finances, they backed Spanberger as well.

Two issues that got significant attention from Earle-Sears in the campaign were controversies about trans rights, and the disclosure of violent texts from the Democratic candidate for attorney general.

Fewer than half of voters found the texts sent by Democrat Jay Jones, threatening a fellow lawmaker, disqualifying from the job of attorney general. Those who did broke strongly for Earle-Sears.

The rest, though – who said the texts were concerning but not disqualifying, were not a concern, or who simply didn’t know enough – went strongly for Spanberger.

It was suspected that some voters might split their votes, backing Spanberger for governor but Republican Jason Miyares for attorney general. That did not happen. Those Democrats defecting to Miyares remained in the single digits, and Jones was declared the winner.

On transgender rights, voters have mixed views. Half said support has gone too far – the position Earle-Sears took, with special emphasis on its effect on schools and girls’ sports. The other half, however, said support has not gone far enough, or it’s been about right.

Those who said it’d gone too far backed Earle-Sears by almost four to one, while those who disagreed went hard for Spanberger.

In the end, the headwinds of Trump’s unpopularity and the ire of the vast number of federal workers in the state was too much for Earle-Sears to overcome.

Only about a third of Virginia voters are happy with the direction the country is going, and while these voters overwhelmingly backed Earle-Sears, the other two-thirds went big for Spanberger. Of the four in 10 who are actually angry about how things are going, almost all of them – more than nine in 10 – backed Spanberger.

Asked about Trump’s immigration enforcement efforts, more than half say it has gone too far, and, perhaps not surprisingly, most of these voters backed Spanberger.

Almost all Democrats voted for Spanberger, as did a few Republicans. Earle-Sears was unable to generate any sort of crossover appeal, while winning most Republicans. The small group of independents favored Spanberger.

The Fox News Voter Poll is based on a survey conducted by SSRS with Virginia registered voters. This survey was conducted October 22 to November 4, 2025, concluding at the end of voting on Election Day. The poll combines data collected from registered voters online and by telephone with data collected in-person from Election Day voters at 30 precincts per state/city. In the final step, all the pre-election survey respondents and Election Day exit poll respondents are combined by adjusting the share of voting mode (absentee, early-in-person, and Election Day) based on the estimated composition of the state/city’s final electorate. Once votes are counted, the survey results are also weighted to match the overall results in each state. Results among more than 4,500 Virginia voters interviewed have an estimated margin of sampling error of plus or minus 2.1 percentage points, including the design effects. The error margin is larger among subgroups.

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Vice President JD Vance said that Republicans need to direct their focus to the ‘home front’ and work to make life more affordable for Americans, following the GOP losses in several key elections Tuesday.

Republicans’ ability to do so will be a key factor in how Americans show up and vote in the 2026 midterm races, according to Vance. 

‘I think it’s idiotic to overreact to a couple of elections in blue states, but a few thoughts,’ Vance said in a Wednesday social media post. 

‘We need to focus on the home front,’ Vance said. ‘The president has done a lot that has already paid off in lower interest rates and lower inflation, but we inherited a disaster from Joe Biden and Rome wasn’t built in a day. We’re going to keep on working to make a decent life affordable in this country, and that’s the metric by which we’ll ultimately be judged in 2026 and beyond.’

In October, the Bureau of Labor Statistics announced that the consumer price index (CPI), used to assess how much goods like groceries or rent cost, increased 0.3% from August to September. Additionally, it increased to 3% on a year-over-year basis from 2.9% in August, marking the highest headline CPI reading since January when it also reached 3%.

Meanwhile, Republicans lost several high-profile races Tuesday — including gubernatorial races where former Democratic Rep. Abigail Spanberger won the Virginia governor’s race over Republican challenger Winsome Earle-Sears, and New Jersey Democratic Rep. Mikie Sherrill won New Jersey’s governor’s race over Republican Jack Ciattarelli. 

Likewise, New York City elected democratic socialist Zohran Mamdani as mayor of the city, beating former New York Gov. Andrew Cuomo, who ran as an Independent, and Republican Curtis Sliwa. 

In all races, affordability and the economy were top priorities for voters, with Mamdani backing policies including rent freezes and city-run grocery stores to cut food prices.

For example, Fox News Voter Poll data found that New Jersey voters reported the state’s high taxes and the economy ranked as their top two issues. Additionally, the poll data found that half of voters in Virginia said that the economy was their top priority. 

Likewise, New York City voters ranked affordability at their top concerns, the Fox News Voter Poll data found. 

Ken Martin, the chair of the Democratic National Committee, said that the party can accommodate moderate Democrats like Sherrill and Spanberger, as well as progressives like Mamdani. While they don’t have to agree on everything, what they do agree on is trying to make life more affordable for Americans, he said. 

‘There’s a lot of different ideas on how to accomplish our goals, but we’re unified around those goals,’ Martin told Fox News Digital ahead of the elections. ‘We’re unified around making sure that people’s lives are more affordable and that we can create an economy that works for everyone in this country.’ 

According to President Donald Trump, the government shutdown that started Oct. 1 due to a lapse in funding was a culprit for GOP losses in Tuesday’s races. 

‘I think if you read the pollsters, the shutdown was a big factor,’ Trump said Wednesday during a breakfast meeting with Senate Republicans. ‘Negative for the Republicans, and that was a big factor.’ 

Fox News’ Eric Revell, Paul Steinhauser and Emma Colton contributed to this report.

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Senate Democrats are riding high after a wave of victories on Election Day and view Democratic candidates’ performances as an indicator that their shutdown strategy is working.

As the government shutdown officially entered record-breaking territory in its 36th day, Senate Democrats felt emboldened by the election results, and saw the blowout wins across the country as an indictment against President Donald Trump and Republicans, particularly on the matter of expiring Obamacare premium subsidies.

Still, some Senate Democrats are mulling an off-ramp from the shutdown and considering an offer from Republicans that would guarantee them a vote on the expiring subsidies in exchange for supporting the House-passed continuing resolution (CR).

But some warn that caving now for the promise of a vote would be the wrong move.

‘If they cave now and go forward with a meaningless vote, I think it will be a horrible policy decision, and I think politically, to the Democrats,’ Sen. Bernie Sanders, I-Vt., said. ‘And you know, they’re going to come into the 2026 election. Some of you may have heard the expression, when we fight, we win. You ever hear that? Well, when you cave, you lose.’

Some Republicans fear that the election may have caused Senate Democrats to dig deeper into their position and remain united in their shutdown game plan.

President Donald Trump, during a breakfast at the White House with the Senate GOP Wednesday morning, contended that the ‘shutdown was a big factor, negative for the Republicans,’ on election night.

‘I think the Democrats, you know, may feel emboldened by it, but I think that people are going to get past election results fairly quickly and start remembering that they’ve just unilaterally decided to shut down the government,’ Sen. Thom Tillis, R-N.C., told Fox News Digital. ‘So I think it could be maybe a weak bump, but at the end of the day, we’re going to get back to the reality that we’ve got to fund the government.’

Republicans are also not budging from their shutdown strategy as the closure drags on. Senate Majority Leader John Thune, R-S.D., offered Senate Democrats a vote on the expiring subsidies and wants to jump-start the government funding process by tying a small package of spending bills to the CR.

‘Can this be over now? Have the American people suffered enough or do the Democrats need more?’ Thune said on the Senate floor.

Despite his and the GOP’s offer, and Trump’s offer to meet with Senate Minority Leader Chuck Schumer, D-N.Y., and House Minority Leader Hakeem Jeffries, D-N.Y., after the shutdown ended on the expiring subsidies, Senate Democrats do want more.

‘Republicans shouldn’t ignore us anymore for their own good and the country’s good,’ Schumer said on the Senate floor. ‘So this morning, Leader Jeffries and I once again demanded a meeting with the president. It’s time to sit down and negotiate with Democrats to bring this Republican shutdown to an end.’

Sen. Andy Kim, D-N.J., whose home state elected Gov.-elect Mikie Sherrill in a blowout double-digit win over Republican Jack Ciattarelli, contended that Trump ‘certainly feels weaker.’

‘This was a resounding defeat for Donald Trump,’ Kim said. ‘He should have woke up this morning and just immediately said, ‘I — we need to negotiate. We need to find an end to this shutdown.’’

And Sen. Ruben Gallego, D-Ariz., agreed with Sanders’ outlook that Democrats should dig in and not cave.

But whether it strengthened Senate Democrats’ hand in trying to get Trump to the negotiating table, he was skeptical.

‘If you’re dealing with rational actors, yes, are we dealing with rational actors? I have no idea,’ Gallego told Fox News Digital. ‘This is a man that’s going across the country and redistricting the hell out of the country, and amid this redistricting to help save him from potentially dealing with a Democratic-controlled Congress, and now he’s basically going to assure a Democratic Congress by screwing up the one thing that is entirely under his control, which is making sure these premiums don’t go up.’

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President Donald Trump’s global roller coaster of peace moves — led by him and his team to end wars around the world — is now picking up speed in Sudan, where a 30-month war has left tens of thousands dead, and some 14 million displaced from their homes.

‘Ending wars is a priority for President Trump, and the United States remains focused on working with our partners and other stakeholders to resolve the crisis in Sudan,’ a State Department spokesperson told Fox News Digital on Wednesday, adding, ‘Engagement with all relevant stakeholders is essential to achieving this goal. Given the immediate urgency of de-escalating the violence, we will continue to engage with the belligerents to end the conflict.’

Talks to end the fighting between the Rapid Support Forces (RSF) militia, led by Gen. Muhammad Hamdan Dagalo Musa, known as Hemedti, and the Khartoum government’s Sudan Armed Forces (SAF), under the control of Gen. Abdel Fattah al-Burhan, began during the Biden administration but failed to make headway. They have since gained momentum under President Trump, with the U.S. forming a so-called international Quad in September with Egypt, Saudi Arabia and the United Arab Emirates.

Since the weekend, the pace of peace talks has become positively frenetic. The White House’s senior advisor for Arab and African Affairs, Massad Boulos, fresh from brokering a ceasefire in the 30-year war between the Democratic Republic of the Congo and Rwanda, held talks with Egypt’s Foreign Minister Badr Abdelatty in Cairo on Sunday.

On Monday, Boulos met with the Arab League, with the League stating that Trump’s envoy had briefed them on U.S. efforts to ‘halt the war, expedite aid delivery, and initiate a political process.’

The Sudan Tribune then quoted Boulos as saying later on Monday, ‘Both parties have agreed in principle, and we have not recorded any initial objection from either side. We are now focusing on the fine details.’

But the two sides are still fighting. On Tuesday, Sudan’s Defense Minister Hassan Kabroun talked to the country’s state television network, following a government council meeting in Khartoum, saying, ‘We thank the Trump administration for its efforts and proposals to achieve peace,’ but added: ‘Preparations for the Sudanese people’s battle are ongoing. Our preparations for war are a legitimate national right.’

Also on Tuesday, White House Press Secretary Karoline Leavitt weighed in, telling reporters, ‘The United States is actively engaged in efforts to bring about a peaceful resolution to the terrible conflict in Sudan. We remain committed to working with our international partners, including Quad members — Egypt, Saudi Arabia and the UAE — as well as others to lead a negotiated peace process that addresses both the immediate humanitarian crisis and the longer-term political challenges.’

Leavitt continued, ‘I actually spoke with Secretary Rubio about this, this morning, as, of course, there’s been, you know, kind of an uptick in recent reporting on the matter. And he assured me that the administration is very much engaged. We’re in pretty frequent communication with those Arab partners that I just mentioned. And we want to see this conflict come to a peaceful end, just as we have with so many others. But it’s — the reality is — it’s a very complicated situation on the ground right now.’

Analysts say last week’s fall of the Sudanese city of El-Fasher, and with it the Darfur region to RSF fighters, effectively cutting the country in two, may have spurred all parties into action. ‘The RSF’s full control of the Darfur region could have dangerous and worrying consequences in the future in terms of partition,’ Boulos told Al Jazeera.

On Tuesday U.N. Secretary General Antonio Guterres called for an immediate ceasefire in Sudan. Speaking on the sidelines of a conference in Qatar, Guterres said the war was ‘spiraling out of control.’

‘The fall of El-Fasher to the RSF is a defining moment in Sudan’s brutal civil war’, Mariam Wahba, research analyst at the Foundation for Defense of Democracies (FDD), told Fox News Digital. Wahba continued: ‘It marks the militia’s full control of the Darfur region and leaves Sudan effectively split in two.’

The human cost is staggering. On Monday, the U.N. reported that ‘over 21 million people across Sudan are facing high levels of acute food insecurity — the largest such crisis in the world.’ The latest Integrated Food Security Phase Classification (IPC) found that famine is ongoing in the now-captured El-Fasher and in Kadugli, South Kordofan, with families trapped and surviving on leaves, animal feed and grass.

The Yale School of Public Health’s Humanitarian Research Lab released satellite images taken over El-Fasher over the last week, stating Tuesday, ‘Evidence of body disposal activities include at least two earth disturbances consistent with mass graves at a mosque and the former Children’s Hospital; there is one new instance of removal of objects consistent with bodies. This activity appears consistent with RSF conducting cleanup of their alleged mass atrocities.’

Sources say intense negotiations led by the U.S. team are continuing. Details of what’s on offer have not been revealed, but it’s understood an agreement would start with a three-month humanitarian truce, to allow aid delivery in, followed by a permanent ceasefire and a civilian-led transition.

‘For Washington, the stakes in Sudan are rising by the day,’ the FDD’s Wahba told Fox News Digital, adding, ‘The more time the RSF has to cement its control over Darfur and push toward Khartoum again, the harder it will become to prevent the country’s permanent collapse. What happens next in Sudan will shape the balance of power across the Horn of Africa and signal to America’s adversaries whether the United States still has the will to confront instability before it spreads in this critical region of the world.’

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