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How Trump won the election and wildfire spreads in California: Morning Rundown

A look at the factors that led Donald Trump to victory and Kamala Harris to an election loss. A fast-growing wildfire spreads in California. And a new NBA arena is designed with fans in mind.

Here’s what to know today.

How Trump won and Harris lost the election

The analysis of President-elect Donald Trump's victory over Vice President Kamala Harris began before Election Day had ended. For Trump and Republicans, efforts to galvanize key groups of voters proved fruitful. Harris and Democrats struggled with a late start and failure to break from President Joe Biden.

On Wednesday, Harris conceded in a speech at Howard University. She offered words of empowerment while stressing that Democrats had to accept the results of the election — something Trump never did when he lost to Biden in 2020.

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In fact, after the Jan. 6 riot, Trump was cast into the political wilderness by his own party, as Republicans turned to new faces they thought could harness Trump’s energy but with less of his baggage. Republican primary voters had other ideas, though, and his ascent back to the top was fueled by multiple indictments that turned him into a “folk hero and icon,” a campaign official said. “And then he gets shot, and that only increased the view of him as a folk hero and icon.”

Meanwhile, Biden’s refusal to exit the 2024 presidential race after a disastrous initial debate performance in June kicked off a whirlwind season that gave rise to Harris. Some argue Biden waited too long to step down. And though Harris rode a wave of summer excitement, some close to her campaign said the team struggled to keep up the momentum into Election Day.

NBC News’ politics team spoke to 35 operatives and officials from both parties and campaigns to understand how Trump won and how Harris lost. Read the full story here.

More election coverage:

Key interest rate expected to decrease again

The Federal Reserve is expected to cut its key federal interest rate today by 0.25%, the second time it has done so since September. Wall Street traders were nearly unanimous in their prediction that the federal funds rate would fall back to 4.5%. Meanwhile, inflation is back at the Fed’s 2% target and the unemployment rate remains at a subdued 4.1%.

But Donald Trump’s presidential election victory injects new uncertainty into what happens long-term. Trump has promised to enact a new fiscal and economic regime, including harsh tariffs that some economists fear could have inflationary effects.

Fast-moving wildfire tears through California community

A wildfire in Southern California quickly grew to over 14,000 acres, sending firefighters rushing to get residents out of homes and to safety, officials said. The Mountain Fire in Ventura County was fueled by a significant Santa Ana wind event, fire officials said, after a brush fire broke out yesterday morning between the communities of Moorpark and Somis. “Firefighters were right off the bat engaged in pulling people out of their houses and saving lives,” Ventura County Fire Capt. Trevor Johnson said.

Several people have been injured and homes destroyed, Johnson said. The fire was 0% contained as of Wednesday evening. Here’s what else we know.

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Staff Pick: Inside an arena that’s trying to change how fans cheer

The oculus at the new Intuit Dome is seen during tip off during an NBA basketball game between the Los Angeles Clippers and the Phoenix Suns, Wednesday, Oct. 23, 2024, in Inglewood, Calif.  (Ryan Sun / AP)

The oculus at the new Intuit Dome is seen during game between the Los Angeles Clippers and the Phoenix Suns.

There has never been an arena to watch a basketball game quite like the Intuit Dome in Inglewood, California. Whereas some stadiums are built to host spectacles, the new $2 billion home of Steve Ballmer's Los Angeles Clippers is a spectacle unto itself, with technology, design and rules not seen elsewhere — from what’s playing in the restrooms, to seats with more leg room and an exclusive section where fans must pass a test to prove they’re die-hards. We went inside the building that’s trying to change what it means to experience live sports. — Andrew Greif, sports reporter

NBC Select: Online Shopping, Simplified

In need of a little self-care? NBC Select rounded up dozens of wellness and beauty items perfect for a relaxing day, from face masks to a soap that massages your muscles. Or maybe add a little bit of nature to your home. Here’s everything you need for a pet fish, according to aquatic veterinarians.

Sign up to The Selection newsletter for hands-on product reviews, expert shopping tips and a look at the best deals and sales each week.

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This article was originally published on NBCNews.com

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