cover of episode Friday, November 8th, 2024 - Biden urges calm; Trump’s new team; Fed cuts rates; Musk gains billions; Giuliani asset seizure; Charges in Liam Payne’s death

Friday, November 8th, 2024 - Biden urges calm; Trump’s new team; Fed cuts rates; Musk gains billions; Giuliani asset seizure; Charges in Liam Payne’s death

2024/11/8
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Morning Announcements

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Today’s Headlines: Republicans gained control of the Senate as David McCormick flipped Pennsylvania, giving the GOP 53 seats, with two races still undecided. The House is leaning Republican, currently at 210 GOP to 198 Democrat seats. President Biden addressed the nation, urging calm and a peaceful transition of power. Trump’s second term is shaping up, with Susie Wiles named Chief of Staff and plans for mass deportation despite the projected $300 billion cost. The Fed cut interest rates by 0.25% as inflation continues to ease. Meanwhile, California and other states are preparing legal defenses to protect state rights under Trump’s administration. Elon Musk’s net worth surged $26.5 billion post-election, along with other billionaires. Rudy Giuliani was ordered to surrender assets, including his Manhattan penthouse and luxury items, to cover a defamation judgment owed to Georgia election workers. Finally, in Argentina, three people face charges connected to the recent death of Liam Payne.

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Morning Announcements is produced by Sami Sage alongside Bridget Schwartz and edited by Grace Hernandez-Johnson

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