Fox Business anchor Taylor Riggs joins the program to break down financial market reactions following the 2026 midterms, beginning with a look at the Responder Rescue ATF charity raffle. Riggs assesses morning remarks from incoming House Speaker Hakeem Jeffries pledging investigations into Donald Trump, warning that focusing on political retribution rather than household affordability could backfire on Democrats ahead of 2028. Turning to Wall Street, Riggs explains that broad market indices are rallying because divided government creates a predictable stalemate where neither corporate tax cuts can be easily rolled back nor radical legislative overhauls passed. However, she flags emerging economic headwinds surrounding artificial intelligence infrastructure, detailing how newly elected Democratic governors and local ballot initiatives in Texas, Ohio, and Georgia are proposing moratoriums on data center construction—threatening roughly 13 gigawatts of planned projects in Texas alone and impacting tech shares like Tesla and SpaceX. The segment reviews the anticipated pre-Thanksgiving IPO filing for AI developer Anthropic, the broader geopolitical race against China, and concludes with strong economic fundamentals, including an 86,000-job beat in the latest ADP report, an Atlanta Fed GDP projection of 3.7%, and an elevated worker quits rate signaling labor market confidence.
LISTEN TO 97.1 FM TALK LIVE IN ST LOUIS OR STREAM WORLDWIDE AT 971TALK.COM
Hashtags:
#971FMTalk #StLouis #STLNews #TaylorRiggs #FoxBusiness #Midterms2026 #HakeemJeffries #StockMarketRally #CongressionalGridlock #AIDataCenters #DataCenterMoratorium #AnthropicIPO #SpaceX #ADPJobsReport #AtlantaFed #EconomicGrowth
Nov 04, 2026
