Democrats Sweep With Big Wins in New York, Virginia and New Jersey

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  Democrats are starting to get their groove back after key election victories in New York,

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  New Jersey and Virginia.

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  Democrats have been struggling for the last year to figure out how to regain their political footing given the dominance of Donald Trump.

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  Well, tonight we learned that Republicans have a similar problem.

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  Plus,

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  President Trump calls Republican senators to a White House breakfast meeting as the government shutdown becomes the longest in history.

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  and ozumbic maker Novo Nordisk lowers its profit guidance amid intensifying competition for weight loss drugs.

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  It's Wednesday, November 5th.

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  I'm Caitlin McCabe for The Wall Street Journal and here is the AM edition of What's News,

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  the top headlines and business stories moving your world today.

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  Democrats have a lot to celebrate this morning after sweeping victories in a series of crucial elections.

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  Most prominently,

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  34-year-old Democratic Socialist Zoran Mamdani cruised a victory to become New York City's 111th mayor,

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  dealing a blow to former Governor Andrew Cuomo.

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  New York, tonight you have delivered a mandate for change.

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  politics, a mandate for a city we can afford,

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  and a mandate for a government that delivers exactly that.

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  The race had been closely watched due to Mamdani's progressive campaign promises that included rent freezes,

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  fare free buses and universal childcare,

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  which would be paid for with an additional 2% tax on millionaires and higher taxes on businesses.

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