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Harris conceded, Trump victory, election, Elon Musk, Hurricane Rafael, inflation, interest rates, BYU: Daily Briefing
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Harris conceded, Trump victory, election, Elon Musk, Hurricane Rafael, inflation, interest rates, BYU: Daily Briefing

In her concession speech, Vice President Kamala Harris urged young people to continue fighting to make “the world a better place.” We break down how President-elect Donald Trump won the election and look at the confusing path of Hurricane Rafael.

I Nicole Fallert, Daily Briefing writer. When will there finally be snow season??!

Harris: ‘When we lose the election, we accept the results’

Vice President Kamala Harris conceded her election defeat in a phone call with President-elect Donald Trump before giving a speech to supporters Wednesday afternoon at her alma mater, Howard University, in Washington, D.C.

“While I accept this election, I do not accept the struggle that fueled this campaign,” he said. “We will continue to wage this fight in the voting booths, in the courts, and in the public square, and we will continue to do so more quietly, by treating each other with kindness and respect, by how we live our lives.”

The vice president also promised a peaceful transfer of power. Watch his speech.

How did Trump win?

Donald Trump received the electoral votes needed to return to the White House on Tuesday – and won the votes of the people This week. How could the soon-to-be 47th president (who still faces criminal charges in four cases) do this?

Trump’s campaign relied on a new kind of engagement operation based on a familiar problem: the economy. The president-elect’s plans for higher tariffs, lower taxes and more restrictions on immigration are expected to reignite inflation But economic forecasters are divided on whether it will weaken or strengthen the U.S. economy in the near term.

The change begins: President Joe Biden plans to address the country on Thursday to discuss presidential transition efforts..

More news you need to know now

How is the weather today? Check your local forecast here.

Hurricane Rafael stunned forecasters

Hurricane Rafael touched down in western Cuba on Wednesday as a Category 3 storm, bringing down the island’s power grid with sustained winds of up to 185 mph before the system headed toward the Gulf of Mexico and possibly the United States. The storm will bring tropical storm conditions to the Florida Keys and could possibly spawn hurricanes in the state’s southwestern mainland. But long-range forecast models disagree and show the storm could have direct impacts anywhere from eastern Mexico to Texas, Louisiana, Mississippi and the Florida Panhandle. Follow the storm.

Interest rate cut in November: A short drop but not a sudden drop

The Federal Reserve will wrap up its two-day monthly meeting on Thursday and announce whether Americans will see interest rate cuts. The Fed, which cut its key interest rate by a significant half-point in September, is expected to cut interest rates by a more measured quarter-point on Thursday and several times next year as inflation continues to fall. But if the Fed deviates from that steady pace, it will likely cut interest rates less sharply to ensure inflation continues to fall, economists say. This would run counter to some forecasters’ view that the central bank is largely winning the fight against rising prices.

Today’s speakers

BYU football’s Big 12 rise

BYU’s moment has finally arrived. In its second Big 12 season, No. 9 seed BYU (8-0) is enjoying pole position to represent the Big 12 in the first game of the 12-team College Football Playoff. The Cougars, who will face rival Utah on Saturday, join Indiana as one of the biggest surprises in college football this year. They’re turning heads by playing complementary football, backed by what players describe as a deep-rooted program culture, backed by a coach who loves BYU as much as any fan. USA TODAY Sports takes a deeper look at BYU’s meteoric rise.

Photo of the Day: A pretty famous selfie

Prince William, along with a host of celebrities, visited Cape Town, South Africa, for the 2024 Earthshot Prize Awards on November 6. The awards ceremony was launched in 2020 by the Prince of Wales. Highlights environmental efforts by awarding million-dollar grants to five recipients.

Nicole Fallert is a newsletter writer for USA TODAY. Sign up for email here. Want to send Nicole a note? Send him an email at [email protected].