Photo: Matt Sullivan/Getty Images

President Trump blessed and helped win, against the odds, the Florida and Georgia governors races in 2018 — an astonishing display of political muscle.

Driving the news: This year, in two more conservative states, Trump tried a similar feat — Kentucky earlier this month, and Louisiana yesterday — and flopped. 

In Louisiana, "Democratic Gov. John Bel Edwards claimed a second term [last night], winning a stunning victory in a heavily Republican state and beating back repeated attacks," tweets and visits by President Trump, The Advocate of New Orleans reports.

  • "Edwards defeated Republican businessman Eddie Rispone with about 51% of the vote, polling 40,341 ballots more than his opponent out of more than 1.5 million cast."

How it happened: "Urban ministers, organized labor and black politicians worked for Edwards, the 53-year-old who is the only Democratic governor in the Deep South," per The Advocate.

  • "Rispone ... had Trump at his side at rallies — along with $2 million and 60 paid staffers sent at the last minute from the Republican National Committee and millions more dollars from the Republican Governors Association."

By the numbers: As Bloomberg's Sahil Kapur notes, Trump held rallies for the Republican gubernatorial candidates in Kentucky, Louisiana and Mississippi, where he put the fight against impeachment front and center. The results:

  • Kentucky, which Trump won by 30 points in 2016, was carried by the Democrat by 0.4%.
  • Louisiana, which Trump won by 20 points in 2016, was carried by the Democrat by 2.6%.
  • Mississippi, which Trump won by 18 points in 2016, was carried by the Republican by 5.5%.

Go deeper: The GOP's nightmare scenario for 2020

Go deeper

Dan Primack, author of Pro Rata
21 mins ago - Economy & Business

Leon Black says he "made a terrible mistake" doing business with Jeffrey Epstein

Photo illustration: Sarah Grillo/Axios. Photo: Rick Friedman/Corbis/Getty Images

Apollo Global Management CEO Leon Black on Thursday said during an earnings call that he made a "terrible mistake" by employing Jeffrey Epstein to work on personal financial and philanthropic services.

Why it matters: Apollo is one of the world's largest private equity firms, and already has lost at least one major client over Black's involvement with Epstein.

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Jeremy Corbyn suspended by U.K. Labour Party over anti-Semitism report

Photo: Christopher Furlong/Getty Images

The U.K. Labour Party has suspended its former leader, Jeremy Corbyn, after a watchdog report found that the party failed to properly take action against allegations of anti-Semitism during his time in charge.

Why it matters: It represents a strong break by Keir Starmer, Labour's current leader, from the Corbyn era and one of the party's most persistent scandals.

U.S. economy sees record growth in third quarter

The U.S. economy grew at a 33.1% annualized pace in the third quarter, the Commerce Department said on Thursday.

The state of play: The record growth follows easing of the coronavirus-driven lockdowns that pushed the economy to the worst-ever contraction — but GDP still remains well below its pre-pandemic level.