This week, Columbia Business School professor Glenn Hubbard breaks down the economic implications of the US midterm elections. Meanwhile, rising oil prices are both a burden and a benefit in Alaska. And, we go into the field with Richmond Fed President Tom Barkin to get a closer look at American manufacturing. Plus, Europe’s postwar welfare programs are facing new challenges amid budget crunches and growing youth protests.

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This week, a special edition of Wall Street Week as Americans head to the polls for midterm elections. Could affordability decide who controls Congress? And, voters may not agree on AI but opposition to new data centers is cutting across party lines. Plus, America’s growing debt burden is pushing up borrowing costs for the government and potentially thousands of dollars onto household finances. Later, are voters rejecting capitalism or simply looking for better solutions to rising costs?

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This week, campaign costs are soaring, but democratic fundraiser Blair Effron of Centerview Partners says many races may already have reached the point where more money stops making much difference. And, even though most Americans dislike the proliferation of data centers, one community has welcomed them with open arms. Plus, the key difference Mistral hopes will set it apart in the global AI race. Later, Argentina President Milei brought inflation down and investment up, but its led to a fragmented economy one year out from an election.

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