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Democratic socialist set to become D.C. mayor — and face Trump's pushback

Source: CNBC ·
Aerial view of the U.S. Capitol and Capitol Hill in Washington, D.C.
File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Following Zohran Mamdani's election as New York City mayor, another democratic socialist is set to become mayor of Washington, D.C.

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Ground Level News gathers headlines from public news feeds. This page shows a short summary only; the full article and all rights belong to CNBC.

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Trading floor of the New York Stock Exchange with banks of monitors Markets

Why is Mobileye stock sliding today?

Investing.com · Rows of NASA Pleiades supercomputer racks at Ames Research Center Markets

American Express is cutting 5% of its workforce to 'prepare for AI'

Amex, which reported third-quarter results earlier Friday, is taking a $336 million restructuring charge in the quarter, CEO Stephen Squeri said Friday.

CNBC · Wall Street in New York's Financial District with flags hanging from buildings Markets

10-year Treasury yield drops back to 5% this week as investors seek cover from AI worries

The 10-year Treasury yield stayed below 5% Friday after AI-driven tech selling sent investors into government bonds.

CNBC ·