The Midterms Flipped the Global Calculus. Here’s Why | Fortune Daily

A dramatic week in Washington has upended the balance of power, sending shockwaves through global markets, AI policy, and the federal budget. On this episode of Fortune Daily, Ellie Austin breaks down what a flipped Congress means for the economy, key corporate leaders, and households facing the next major debt showdown. In this episode: • The Midterms & Global Markets: Fortune’s Kamal Ahmed breaks down how a split government alters trade policy, the ongoing AI buildout, and what authority remains firmly in the White House. • Elon Musk’s Influence: After spending nearly half a billion dollars backing candidates, Fortune’s Sasha Rogelberg examines what influence Musk retains despite election losses. • The $40 Trillion Debt Clock: With a December 11 funding deadline fast approaching, Fortune’s Eleanor Pringle explains what Washington gridlock could cost businesses and consumers. Subscribe to Fortune: https://fortune.com/subscribe/ Additional images courtesy of Getty Images