Postpublished at 05:32 GMTBreaking
Summary
The Democrats win the Senate and the House in US midterm elections, taking control of Congress for the rest of Donald Trump's presidency
Trump acknowledges the Iran war played a part in the defeat - we've charted recent rises in fuel price rises, and overall inflation
There is no mystery about why this happened, writes our North America editor - voters are angry about the cost of living, and blame the president
In the Senate race, Democrats picked up a string of victories in Republican strongholds, including Texas, South Carolina, and Kansas - which last elected a Democrat almost 100 years ago
In Michigan, Democrat Abdul El-Sayed will be the first Muslim to serve in the US Senate. It's not the only "first" in this set of elections - see more here
How will Trump deal with a Congress controlled by Democrats? A hat picture he posted on social media may give us a clue
Postpublished at 05:32 GMT
Louisiana Senate race moves to lean Republican - CBSpublished at 05:30 GMT
CBS News has just updated its race rating for the Senate race in Louisiana and says it is now leaning Republican.
Louisiana's Senate race was previously rated a toss-up. It has reliably voted Republican in past elections.
Key Michigan Senate race rated likely Democrat - CBSpublished at 05:27 GMT
The BBC's US news partner CBS has just rated the Senate and governor's races in Michigan.
Both have been rated likely Democrat.
Democrats are projected to take back control of Congress - here's what that meanspublished at 05:26 GMT
Sakshi Venkatraman
Reporting from Washington DCDemocrats are now projected to have a majority in both the Senate and the House of Representatives.
That means, come January, they will be back in control of Congress, the branch of government responsible for passing the nation's laws.
Both chambers of Congress are currently controlled by Trump's Republican Party, who hold the majority.
But when Democrats take back Congress, they will be able to pass laws more easily and challenge the president's agenda. They will also be able to launch investigations into members of the president's administration.
It's a big shift - and the win the Democrats were hoping for as Trump enters his final two years in office.
Democrats will feel they've cracked the White House’s political holdpublished at 05:19 GMT
Tom Bateman
Reporting from Columbus, Ohio
Media caption, Watch: Tom Bateman reports from Ohio Republican watch party after losses in Senate and governor races
This is a dramatic, significant result for the Democrats in Ohio - projected to flip a seat in the US Senate and take the governor’s mansion from the Republicans.
This state has been solid Republican territory throughout the Trump era and the Democrats have broken the party’s hold here.
It tells us much about the scale of the party's success tonight as this state was one of the tightest, toughest fought campaigns.
Trump visited Ohio three times during this campaign such was the concern at the way his party felt the challenge was becoming.
The Senate seat was vacated two years ago by JD Vance when he became vice-president.
There will be clear symbolism for the Democrats feeling they have cracked the White House’s political hold nationwide.
Image source, ReutersImage caption, Democratic candidate Amy Acton is projected to win Ohio's governor race
Hakeem Jeffries hails 'great American comeback'published at 05:16 GMT
Sakshi Venkatraman
Reporting from Washington DC
Image source, Getty ImagesWe've just heard from one of the top Congressional Democrats, Hakeem Jeffries, who is celebrating his party taking back control of the House of Representatives from the Republicans.
"Today begins the great American comeback," he tells a crowd.
A big win for Democrats tonight in the House may also mean a change of title for Jeffries.
That's because a Democratic majority in the US House of Representatives means a new speaker will replace the Republican speaker, currently Mike Johnson.
That person could be Jeffries. He is currently the House Minority Leader, which means he is the top Democrat in the House of Representatives.
If his colleagues choose to keep him as the leader of their party's House delegation, he will be the next speaker.
Trump congratulates Democrats saying they 'did a good job'published at 05:16 GMT
Image source, Getty ImagesPresident Donald Trump has dialled into Fox News to discuss his reaction to the results of the midterm rout against the Republicans, conceding the Democrats "did a good job".
He tells host Bret Baier that there was a "mood in the air" and expresses surprise at the outcome.
"We had tremendous rallies," Trump says. "I'm a little bit surprised".
Taking a conciliatory tone, he says that there were "many, many things" that he could work with Democrats on in Congress.
He rules out making any changes to his cabinet as a result of the midterms.
Media caption, Trump says "Democrats did a good job" in Fox News interview
Where does the House currently stand?published at 05:13 GMT
The current estimate for the House of Representatives is that Democrats will win at least 239 seats and Republicans will win at least 161 seats, according to CBS projections.
With 435 seats in the US House, we're still waiting on quite a few races to be called - particularly in California and Texas where there are many more seats.
Places like Maine and Alaska also take longer to count their votes.
Postpublished at 05:09 GMT
Breaking
That all happened... very fastpublished at 05:08 GMT
Sakshi Venkatraman
Reporting from Washington DCEarlier today, we told you that results for this year's midterm elections might take a while to come in, especially when it came to knowing the overall winners of the House of Representatives and the Senate.
That turned out to be very wrong.
Big Democratic wins came in strikingly quickly, representing a decisive rebuke of President Donald Trump and his Republican Party, which currently controls both Congress and the White House.
We didn't anticipate this speed, especially in previous Republican strongholds like Texas and Kansas.
Of course, there is still more news to bring you.
We're still waiting to see what happens in Michigan, where a close contest between Democrat Abdul El-Sayed and Republican Mike Rogers is playing out.
But if you feel it all happened very fast, you're not alone.
Postpublished at 05:08 GMT
Breaking
Trump speaking to Fox Newspublished at 05:05 GMT
BreakingDonald Trump is speaking to Fox News right now.
We'll bring you his comments in the next few minutes.
Trump blames his party's midterm results on fake Republicans and Fox Newspublished at 05:02 GMT
Image source, ReutersTrump has now taken to Truth Social to give his view on the night's results so far.
"I’m going to become a Political Pundit, both good and bad, on the reasons these Candidates won and lost!" he writes.
"If Greg Abbott, the Governor of Texas, hadn’t become a RINO in the last six months of his Political Life, he wouldn’t have lost," he says, using an acronym that means "Republican in name only".
He also shared an image of a red hat with the word "veto". That's an apparent reference to his ability to block any legislation that is passed by the next Democratic-controlled Congress.
He also took issue with Fox News, something he's done repeatedly throughout the day, asking why it has former Democratic New York Mayor Bill de Blasio on its political panel.
"FoxNews [sic] bears responsibility for these losses by constantly and consistently putting on the Dumocrat opposition, and worse."
Earlier tonight, he posted: "I wasn’t on the Ballot and if I was, we would have won IN A LANDSLIDE! Thank you for your attention to this matter."
Image source, RealDonaldTrump/Truth SocialImage caption, Trump shared this image on Truth Social
Polls close in Alaskapublished at 05:00 GMT
Polls have now closed in the US state of Alaska as results continue to come in.
The only state where polls remain open now is Hawaii.
Maine Senate race leans Democrat, CBS sayspublished at 04:56 GMT
BreakingThe Maine Senate race now leans Democrat, CBS rates.
The contest between incumbent Republican Senator Susan Collins and Democrat Troy Jackson was previously marked a toss up.
This is a big moment in Texas politicspublished at 04:54 GMT
Gary O'Donoghue
Chief North America correspondent in Austin, Texas
Image source, ReutersImage caption, Supporters of James Talarico celebrate in Texas
Around me at the James Talarico election night party, they went berserk when the projected results of a Democratic win in both the Senate and governor races were splashed across the big screens.
They hugged, they kissed, and they drank to a reality they dared not believe would come true.
This is a seismic moment in Texas politics. For almost two generations, this state has been as red as they come - one of the big US states that could be put reliably in the red column.
Time and time again Democrats thought they were close - time and again they were denied.
Tonight they got not one but two state-wide victories, and in Gina Hinojosa, the first Latina to be elected governor of the state.
A historic rout of the Republican Partypublished at 04:50 GMT
Anthony Zurcher
North America correspondent in Washington DCA good night for Democrats is now turning into a historic rout of the Republican Party - a level of victory most in the Democratic Party never dreamed of accomplishing even a few months ago.
Democrats are now projected to take control of both the House of Representatives and the Senate.
The latter comes following victories in Texas, Kansas, Ohio and South Carolina – all states that had been won comfortably by Republican President Donald Trump just two years ago.
Democrats' performance not just a wave - but a seismic shockpublished at 04:48 GMT
Sarah Smith
North America editor in Washington DCMedia caption, How the Democratic takeover of the Senate could impact Trump
I think even the most optimistic Democrats didn't dare hope that they could quite achieve this much.
There are some close races that we haven't heard yet, but what it is looking like tonight is not just a Democratic wave - we are looking at a seismic shock here.
America has spoken pretty loudly in rejecting Donald Trump's last two years in office.
President Trump spent most of this campaign telling voters to act as though he was on the ballot; to pretend that he was on the ballot.
He campaigned incredibly hard, making himself the focus of the Republican campaign. And now, it's his candidates who are being rejected by the voters.
We're also hearing from White House officials about the quality of the candidates in some of these races where Republicans have been defeated.
But it's worth remembering that some of them, like Darline Graham in South Carolina and Ken Paxton in Texas, were put there with the support of Donald Trump. He championed these candidates and got them into those positions in the first place.
It's a little bit rich now to be saying that it is the fault of poorly chosen candidates that Republicans have lost seats in these areas that they would normally have expected to hold onto easily.
Louisiana Senate race moves to toss up - CBSpublished at 04:43 GMT
BreakingCBS News has just updated its race rating for the Senate race in Louisiana and says it is now a toss up.
Louisiana has reliably voted Republican in past elections.
'Just one mistake after another' - Republican strategistpublished at 04:42 GMT
Daniel Bush
Washington correspondent
Image source, ReutersImage caption, Republican Party supporters in Austin, Texas
A sobering reality is setting in for Republicans as they take stock of the mounting losses tonight. Party insiders entered the night expecting to lose the House, but many viewed the Senate as more of a toss-up.
But now, as the magnitude of the election defeat is setting in, many Republicans are pointing blame at President Donald Trump for the party losing control of both chambers of Congress.
"It’s on him. It’s not on anybody else. It's a total, complete rejection of President Trump," Bill Miller, a longtime Republican lobbyist in Texas, tells me.
Democrats have won Senate seats in several states where the party hasn't won Senate races in years, if not decades. Texas and South Carolina are at the top of that list. Democrats also pulled away in states like Iowa and Ohio that have shifted red in the Trump era.
In interviews, Republicans say Trump weighed down the party with his low job approval ratings, unpopular policies and frequent downplaying of voter concerns about rising costs.
"It was just one mistake after another," says Gregg Peppin, a Republican strategist in Minnesota. "Clearly, in state after state, people did not like the president's policies."