David Jones goes down

David Jones has been placed into receivership after months of financial pressure, unpaid rent and a breakdown in negotiations with major landlord Scentre Group.

The 188-year-old retailer now faces an uncertain future - raising questions about what happens next for its stores, staff and one of Australia’s oldest retail brands.

And in the United States, Democrats have taken control of both houses of Congress in the midterm elections.

So what does the shift in power mean for markets, Donald Trump and the global economy?

Carrington Clarke and senior journalist Janine Perrett break it all down on ABC Business Daily.

Got a burning business question?

We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.