Increased tariffs on China could "accelerate the diversification of supply chains, in particular away from China," S&P reported — but that won't necessarily mean more jobs for Americans.

Rosenfeld said Steve Madden is exploring a move to "countries like Cambodia, Vietnam, Mexico, Brazil."

He didn't mention the U.S. as a possible place of production.

After former President Donald Trump gave his victory speech early Wednesday, at the Palm Beach Convention Center, dozens of his supporters gathered in a lobby to sing “How Great Thou Art,” reciting from memory the words and harmonies of a classic hymn, popular among evangelical Christians.

It was a fitting coda to an election in which Trump once again won the support of about 8 in 10 white evangelical Christian voters, according to AP VoteCast, a sweeping survey of more than 120,000 voters. That margin — among a group that represented about 20% of the total electorate — repeats similarly staggering margins of evangelical support that T rump received in 2020.

President-elect Trump's MAGA allies wasted little time after his election win before openly celebrating that the Heritage Foundation's Project 2025 will set the agenda for his administration.

President-elect Trump's decisive victory is fueling the potential for a GOP sweep — a scenario top Republican senators have already been planning for.

Democrats are looking on nervously as their last-ditch goal of recapturing the House in an otherwise brutal election shows signs of fizzling.

President-elect Trump could do away with his predecessor's years-long efforts to erase student debt.

The big picture: Trump has repeatedly bashed the Biden administration's student loan forgiveness plans but has not said how he would handle the mounting debt in another White House term.

Former President Donald Trump's reelection threatens to worsen global climate change by altering the trajectory of U.S. greenhouse gas emissions, eroding federal climate research and forecasting, and abdicating America's leadership role in global climate negotiations.

Why it matters: His return to the White House comes at a time when climate scientists have warned that the Paris Agreement's warming targets are slipping dangerously out of reach, raising the odds of potentially catastrophic consequences.

Historically, voters from smaller and more rural counties tend to cast their ballots on Election Day, per an analysis of the 2020 election from the MIT Election Data and Science Lab.

If that trend holds, it could create the appearance that Trump and Republicans are in the lead — the so-called "red mirage."

However, as absentee and mail-in ballots, typically originating from denser, more urban precincts that lean Democratic, are tabulated, the outcome in certain states could change — leading to a "blue shift" on the electoral map.