It's shaping up to be a busy week ahead for markets as investors look to the midterm elections for who will win control of Congress as well as key economic data that could indicate whether the U.S. is heading toward a recession.

Here are three stories at the intersection of business and politics to watch going into November:

Midterm elections

There are just eight days to go until the midterm elections, and polls suggest that the races in key battleground states are tightening as more than 20 million ballots have already been cast, according to CNN.

Republicans are slightly favored to take back control of the House while the Senate remains in a dead heat.

That said, results from a New York Times/Siena poll released on Monday give Democrats a slight edge in four Senate battleground states: In Arizona, incumbent Sen. Mark Kelly (D) leads Blake Masters (R) 51% to 45%; in Pennsylvania, John Fetterman (D) is leading Mehmet Oz (R) 49% to 44%; in Georgia, Dems are up 3 points, with Sen. Raphael Warnock (D) leading Herschel Walker (R) 49% to 46%; and in Nevada, it's a deadlock as Sen. Catherine Cortez Masto (D) and Adam Laxalt (R) are tied at 47%.

Last weekend, President Biden hit the campaign trail in Pennsylvania, where he looked to help Democratic Senate candidate John Fetterman following the latest debate against Dr. Mehmet Oz, his GOP challenger. Meanwhile, former President Barack Obama campaigned in Georgia for Democratic Senate candidate Raphael Warnock, who is looking to beat GOP candidate Herschel Walker.

Biden wants to make this a choice election in states like Georgia and Nevada, which he carried against Trump in 2020. But the momentum in these races has tilted toward Republicans in recent weeks as record-high inflation continues to pummel consumers and many economists predict a recession next year.

Political violence in America

Security has become top of mind ahead of the midterms, especially after Paul Pelosi, the husband of House Speaker Nancy Pelosi (D-CA), was attacked last week in the couple’s San Francisco home. His attacker, Paul DePape, is set to be arraigned later this week on multiple charges, including attempted homicide.