Here's who Wall Street thinks will win the midterm elections
CBSN
Wall Street analysts are betting that Tuesday's midterm elections will flip control of Congress, with potentially significant implications for the U.S. economy.
History backs them up: The president's party has lost between 25 and 30 House seats in nearly every modern midterm election. But this year, the economy is playing an outsized role. A recent Gallup poll found that the portion of registered voters calling the economy "extremely important" in who they support at the ballot box is at its second-highest level in two decades.
Muddying the picture this year is that the economy is sending mixed signals. A historically strong job market and high rates of Americans starting businesses coexist with the highest inflation since the early 1980s and soaring energy costs.
When it comes to handling a pair of toddlers, Pete Buttigieg, the unflappable Secretary of Transportation, may appear a little jet-lagged. Pete and his husband, Chasten Buttigieg, raise their two-year old twins, Penelope and Gus, in Traverse City, Michigan, where they recently moved full-time from Washington to be closer to family.
Growing up on 13th Avenue in Dyker Heights, Brooklyn, in the 1940s and '50s, Anthony "Tony" Fauci was the precocious son of the corner pharmacist. "They called him Doc," he said. "The pharmacist back then served as the neighborhood psychiatrist, marriage counselor. So, it was serving the community."
Matt Katz is a lifelong Mets fan. Playing ball with his son, Reuben, is what Father's Day memories are made of. But growing up, Matt's experience of Father's Day was about as complicated as a triple play. "Did my birth father like baseball? Does he like baseball?" Katz asked. "And because I had for many years no contact with my birth father, I would wonder about little things like that."
A Missouri woman who spent more than 43 years in prison for a murder her attorneys argue was committed by a now-discredited police officer could soon be released after a judge overturned the conviction. If released, Sandra Hemme's prison term will mark the longest known wrongful conviction of a woman in U.S. history, her attorneys said.
Vice President Kamala Harris on Saturday pledged America's full support in backing Ukraine and global efforts to achieve "a just and lasting peace" in the face of Russia's invasion, representing the United States at an international gathering on the war and meeting with Ukraine's Volodymyr Zelenskyy to discuss his country's vision for ending it.