CNBC Top Stories

The Wharton professor told CNBC on Wednesday that a Joe Biden presidency and a continued Republican majority in the Senate would be a good scenario for markets.

The final result has yet to be tallied, but the outcome of the U.S. election could have a big impact on one area of the market: the defense sector.

"I don't think people are adhering to lockdown like they were at the start," said David Cain, a consultant for the U.K.'s National Health Service.

Mike Bloomberg spent more than $100 million in states that Joe Biden is on track to lose. That could impact his status as a marquee kingmaker for Democrats.

Facebook says data can take up to 24 hours to update in its ads library, even if the ads are paused from being shown to users.

Check out the companies making headlines in midday trading.

The FDA agrees that results from Biogen's late-stage trial, study 302, are "highly persuasive" and the study is "capable of providing the primary contribution to a demonstration of substantial evidence of effectiveness of aducanumab."

The projected vote total marks a record high number of ballots cast in a presidential election and the highest voter turnout rate among eligible citizens since 1900.

Florida passed a ballot initiative to raise its minimum wage to $15 per hour, becoming the eighth state to approve the pay floor.

A North Dakota Republican who died of Covid-19 last month has won a seat in the state legislature.

JPMorgan CEO Jamie Dimon addressed his U.S. workforce in a memo the morning after the U.S. presidential election.

The front bench seat was once a standard feature of American cars. Its disappearance, as well possible return, says a lot about how much cars have changed.

Media mogul Barry Diller told CNBC he "hoped for a repudiation" of Trump but "that has not happened."

Election Day is over. Here's what that means for the coronavirus relief negotiations that will take place in the coming months.

Frank Luntz told CNBC on Wednesday that the president "must win Pennsylvania if he's to get to 270," the number of electoral votes needed to win the presidency.

Michigan and Pennsylvania count Election Day votes before absentee and mail-in ballots, briefly creating the illusion of a large Republican advantage.

The Dow soared on Election Day and there's a good chance stocks close out 2020 with gains, based on eight decades of data on the market and elections.

Companies added 365,000 positions for the month, according to ADP, well below the 600,000 estimate from a Dow Jones economist survey.

Republican Sen. Kelly Loeffler will face Ebenezer Baptist Church Pastor Raphael Warnock in a January runoff, NBC New projects.

China remains the biggest foreign policy risk facing the U.S., according to Liz Economy, a senior fellow at Stanford University's Hoover Institution.