Democrats harnessed worries about the cost of living, with polls showing that Republicans’ longtime advantage on the economy has evaporated.

Economic worries were the dominant concern as voters cast ballots for Tuesday’s elections, according to preliminary findings from the AP Voter Poll.

MIAMI (AP) — President Donald Trump is heading to Miami on Wednesday — the anniversary of his reelection to a second term — to speak to a forum of business leaders and global athletes about what he sees as his economic achievements.

In today’s newsletter: The shutdown is intensifying anxiety over the economy, and some Republicans are sounding the alarm. Gubernatorial hopefuls in New Jersey and Virginia make their final push ahead of Election Day. And the Trump administration is planning a new mission against Mexican cartels, U.S. officials say.

The reversal of fortune from a year ago was stark. Back then, voters returned Trump to the White House on the promise that he could quickly bring down inflation, jump-start factory hiring and shower the country in newfound wealth from steep tariffs he imposed on U.S. allies the world over.

According to early results of an NBC News exit poll, 49% of voters said the economy is their most important issue.

A sweeping new survey of 3,000 registered Latino voters across the country finds that economic anxiety continues to dominate the political mood heading into the 2026 midterm elections, with cost of living,

Democrats enjoyed major wins beyond just the marquee races, up and down the ballot — and across the country — continuing the party's momentum heading into the 2026 midterm elections.

Democrats dominated the first Election since President Donald Trump’s return. A debate about the future of the Democratic Party may have only just begun, but there are signs that the economy may hurt Republicans for the foreseeable future.