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☆ Apple's having a rough year
▼ + stars: | 2024-03-24 | by ( Matt Turner | Jordan Parker Erb | ) www.businessinsider.com time to read: +4 min

Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. Justin Sullivan/Getty Images; Jenny Chang-Rodriguez/BIThis week's dispatchTaking a bite out of AppleApple's having a rough year. Apple is to blame for Amazon and Microsoft's phone failures, per the DOJ, which also zeroes in on Apple's green text bubbles. It was a tech antitrust lawsuit more than two decades ago that helped create space for Apple's rise.

Persons: —, Justin Sullivan, Jenny Chang, Rodriguez, Tim Cook, Steve Jobs, Apple, Rebecca Zisser, Frazer Harrison, Tyler Le, Goldman Sachs, David Solomon, Patrick Semansky Goldman, Russell Horwitz, Al Schwimmer, Frank Sinatra, Matt Turner, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan Organizations: Service, Business, Apple, Department of Justice, DOJ, Amazon, FTC, Getty, Google, BI, David Solomon AP Locations: China, Palestine, New York

☆ Rate cuts are likely coming next year, but investors shouldn't bank on them saving the market
▼ + stars: | 2023-11-27 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking at why the rate cuts investors have been praying for might not be the godsend they imagined. But rate cuts won't necessarily be the win markets are hoping for, Business Insider's Jennifer Sor writes. Still, some interest rate traders are predicting rate cuts coming as soon as this March, according to CME's FedWatch Tool. Another key piece of the economy facing headwinds complicates the case for rate cuts being a boon for investors.

Persons: —, I've, we're, Patrick Semansky, Jennifer Sor, CME's, Jennifer, Insider's Dominick Reuter, Miles Goodloe, Domenic, Robert Oszust Jr, Domenic Boresta, Alice Brooks, Jennifer Campbell, Sean Jacobsohn, he's, Jacobsohn, Chelsea Jia Feng, They're, it's, Gen, Bradley Cooper, Ben Affleck, Greta Gerwig, Bill, Bill —, Bill Nye, Science Guy, Manolo Blahnik, Jimi Hendrix, Steve Bannon, Bruce Lee, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Tech, Business, Federal Reserve, Fed, UBS, Big Tech, Retail, Walmart, Target, Financial Times, Echo, Khosla Ventures, Science Locations: Washington, Miles, Chelsea, New York City, San Diego, London, New York

☆ Alabama sets date for first-ever US execution of death row inmate by nitrogen gas in 2024, governor says
▼ + stars: | 2023-11-08 | by ( Devon M. Sayers | Emma Tucker | ) edition.cnn.com time to read: +3 min

CNN —Alabama has scheduled the nation’s first execution by nitrogen hypoxia, an alternative to lethal injection, its Republican governor said. He asked the state to be put to death by nitrogen gas rather than lethal injection after what he called a botched execution. Smith’s execution now is set to take place between January 25 and 26, according to a news release from Gov. The court’s action came after the justices divided 6-3 earlier in the term to allow Smith’s execution to go forward by lethal injection. Smith’s case was tried by a jury twice, Alabama Attorney General Steve Marshall has noted, both of which resulted in convictions.

Persons: Kenneth Eugene Smith’s, Kay Ivey, nodded, ”, Steve Marshall, Patrick Semansky, Smith, –, Elizabeth Dorlene Sennett, Sennett’s, Smith’s, CNN’s Jamiel Lynch, Ariane De Vogue, Dakin Andone Organizations: CNN, Alabama, Republican, Gov, Court Locations: Alabama, Washington

☆ Sam Altman warns AI could kill us all. But he still wants the world to use it
▼ + stars: | 2023-10-31 | by ( Samantha Kelly | ) edition.cnn.com time to read: +10 min

New York CNN —Sam Altman thinks the technology underpinning his company’s most famous product could bring about the end of human civilization. As many as 300 million full-time jobs around the world could eventually be automated in some way by generative AI, according to Goldman Sachs estimates. Challenges aheadWhen starting OpenAI, Altman told CNN in 2015 he wanted to steer the path of AI, rather than worrying about the potential harms and doing nothing. OpenAI CEO Sam Altman addresses a speech during a meeting at Station F in Paris on May 26. Sam embodies that for AI right now.”The world is counting on Altman to act in the best interest of humanity with a technology by his own admission could be a weapon of mass destruction.

Persons: Sam Altman, OpenAI’s ChatGPT, Altman, ChatGPT, Goldman Sachs, ”, Patrick Semansky, ‘ Kevin Bacon, Mairo, ” Altman, Kamala Harris, Joe Biden, OpenAI, Elon Musk, Kyunghyun Cho, JP Lee, Greg Brockman, SeongJoon Cho, Kevin Bacon, Aaron Levie, “ I’ve, he’s, ” Levie, Bern Elliot, “, Rowan Curan, Forrester, –, Biden, Joel Saget, Emily Bender, Margaret O’Mara, O’Mara, Gates, Jobs Organizations: New, New York CNN, World Economic, Privacy, Technology, Capitol, Silicon, White House, New York University, Softbank Ventures, Bloomberg, Getty, CNN, Gartner Research, Israeli Defense Force, University of Washington, Laboratory Locations: New York, Washington ,, Washington, Valley, Silicon, Silicon Valley, Milan, Italy, Softbank Ventures Asia, Seoul, South Korea, Big Sur, Paris, AFP, Manhattan

☆ Nine Republicans are vying to become the next House speaker. These are the candidates
▼ + stars: | 2023-10-23 | by ( Spencer Kimball | ) www.cnbc.com time to read: +9 min

Interim House Speaker Patrick McHenry of North Carolina said he wants the nominee to face a House vote as soon as Tuesday. His failure came after the party's original nominee, House Majority Leader Steve Scalise of Louisiana, bowed out of the race because he could not secure enough GOP votes. Meuser said Monday whoever wins the nomination needs to ensure that speaker's office is inclusive so the narrow GOP majority remains unified. The Pennsylvania Republican told Fox Business that Republicans' failure to elect a speaker has made the party "part of the dysfunction of Washington." US House Of Representatives | via ReutersRep. Gary Palmer is chairman of the House Republicans' policy committee.

Persons: Tom Emmer, Amanda Andrade, Jim Jordan's, Joe Biden, Patrick McHenry of, Jordan, Steve Scalise, Scalise, Hakeem Jeffries, Austin Scott of, Joe Biden's, Donald Trump's, Nathan Howard, Kevin McCarthy of California, McCarthy, Emmer, Austin Scott, Jim Jordan, Kevin Lamarque, Scott, Austin, he's, Jack Bergman, Bergman, Byron Donalds, Donalds, Jon Cherry, Kevin Hern, Evelyn Hockstein, Kevin Hern of, Hern, Mike Johnson, Patrick Semansky, Johnson, Dan Meuser, Alexander Drago, Meuser, Gary Palmer of, Gary Palmer, Palmer, Pete Sessions, Texas Eric Thayer Organizations: Sports, Capitol, Rhoades, Reuters, Ohio Rep, House Republicans, GOP, Interim, Republicans, Democrats, Republican, Minnesota U.S, Getty, NBC News, Minnesota Republican, Austin Scott of Georgia U.S . Rep, U.S . House, Representatives, Reuters Rep, Ohio Republican, Georgia Republican, Michigan Rep, Marine Corps, Washington, Michigan Republican, Florida U.S . Rep, U.S, Caucus, Florida Republican, Oklahoma Rep, Fox News, Oklahoma Republican, Louisiana Rep, House Republican Conference, AP, Louisiana Republican, Marriott, Navy, Pennsylvania Republican, Fox Business, Gary Palmer of Alabama Republican U.S . Rep, Alabama Republican, Pete Sessions of Texas Rep, Bloomberg Locations: Washington, Israel, Ukraine, Patrick McHenry of North Carolina, Louisiana, lockstep, New York, Minnesota, Austin Scott of Georgia, Arizona, Pennsylvania, Washington , DC, Florida, Kevin Hern of Oklahoma, America, Gary Palmer of Alabama, Texas

☆ Phoenix's big moment: How Mayor Kate Gallego is capitalizing on the 'semiconductor revolution' to establish the next global city
▼ + stars: | 2023-10-12 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

Phoenix, Arizona, is the center of the US's burgeoning semiconductor chip industry . "We're still trying to prove ourselves as an important global city," Gallego told Insider. AdvertisementAdvertisementPhoenix's semiconductor industry could face some challengesIn the years ahead, Phoenix's economy and international reputation seem poised to benefit from the semiconductor boom. The first of the two TSMC chip factories has faced construction delays and accusations of management and safety issues. "It is the most complex project that I have seen in our city," Gallego said of TSMC's Phoenix factory.

Persons: isn't, Kate Gallego, —, We're, Gallego, Joe Biden, Gina Raimondo, she's, Patrick Semansky, wasn't, Jacob Zinkula, there's Organizations: Service, Philadelphia, Intel, US, Harvard, Phoenix, . Airlines, Taiwan Semiconductor Manufacturing Company, AP, Deloitte Locations: Phoenix, Arizona, , Arizona, United States, isn't, Taiwan, Asia, New Mexico, South Korea, Japan, California

☆ Why It’s Never Been More Expensive to Buy a Car
▼ + stars: | 2023-09-20 | by ( Dion Rabouin | ) www.wsj.com time to read: 1 min

Three Reasons a U.S. Recession May Be Delayed, Not Averted The U.S. economy has been strong so far in 2023, with jobs growth continuing, GDP rising and inflation slowing. But several cracks in the economic armor have started to appear. WSJ’s Dion Rabouin explains. Photo illustration: Noah Friedman/Patrick Semansky/AP

Persons: WSJ’s Dion Rabouin, Noah Friedman, Patrick Semansky Locations: U.S

☆ An ex-Mafia hitman says Trump and Giuliani shouldn't face RICO charges because they aren't real criminals like he was
▼ + stars: | 2023-08-15 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +3 min

An ex-mobster called it "disgusting" that Donald Trump is facing a RICO charge like the one he pleaded guilty to. Trump and allies like Rudy Giuliani have been indicted on RICO charges famously used against the mafia. If the former president or his co-defendants are convicted of the RICO charges in Georgia, they could face between five and 20 years behind bars. Former New York City mayor Rudy Giuliani. AP Photo/Patrick Semansky, File"The reason why I am speaking up for Giuliani and Trump is because they're not me.

Persons: Donald Trump, Gambino, John Alite, Trump, Rudy Giuliani, turncoat, Alite —, —, Donald Trump Alex Brandon, Giuliani, Alite, Patrick Semansky, they're, They're, he's Organizations: Service, Trump, AP, New York City, Prosecutors, Former New York City, Giuliani Locations: Wall, Silicon, Georgia, Florida, Queens , New York, Trump's Georgia, Brazil, New York

☆ Jamie Dimon, Larry Summers blast Fitch's shock US downgrade as 'ridiculous' and 'bizarre and inept'
▼ + stars: | 2023-08-03 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +5 min

Fitch's downgrade of the US government's credit score on Tuesday has come as a shock to markets. Here's how 8 top voices have reacted, including Jamie Dimon, Warren Buffett and Larry Summers. But the decision of a credit rating agency today, as the economy looks stronger than expected, to downgrade the United States is bizarre and inept," Summers said in a post on X. Fitch rating services down grades US credit rating from AAA to AA+. I strongly disagree with Fitch's decision, and I believe it is entirely unwarranted," Yellen said.

Persons: Jamie Dimon, Warren Buffett, Larry Summers, Fitch, Berkshire Hathaway, Treasurys, Buffett, Dimon, Jeenah, Summers, Mohamed El, Erian, Paul Krugman, Krugman, Robert Kiyosaki, Rich Dad, Brace, Janet Yellen, Patrick Semansky, Yellen, Mark Haefele, Haefele Organizations: AAA, Service, Biden, Wall, Berkshire, CNBC, JPMorgan, Allianz, Fitch, AA, Fed, Treasury, AP, UBS Global Wealth Management Locations: Wall, Silicon, U.S, United States, States

☆ Hunter Biden's jail-free plea deal isn't the end of his legal troubles
▼ + stars: | 2023-06-20 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +9 min

Hunter Biden's criminal plea deal still needs approval from a judge — which isn't guaranteed. The plea deal, however, still must be approved by a judge. Most plea deals skate through court without any problems, but judges do occasionally reject plea deals in high-profile cases. With a plea deal, prosecutors bind themselves to recommend a particular sentence. It's unusual for a judge to reject a plea deal if the sentencing recommendations are too harsh.

Persons: Hunter, Biden, —, Hunter Biden isn't, Delaware —, Donald Trump —, Hunter Biden, Joe Biden, Ahmaud, Sarah Krissoff, Pitney, it's, Neama Rahmani, Rahmani, Jill Biden, Ashley Biden, Patrick Semansky, Krissoff, aren't, It's, Department's, David Weiss, Susan Walsh, Randy Zelin, Wilk Auslander, Zelin, He's, he's Organizations: Prosecutors, Service, Department, Washington Post, Pitney LLP, United States, West, AP, Republicans, Congress, Justice Department, Wilk, US, Biden Locations: Delaware, Manhattan, Ukrainian, Ukraine

☆ Chris Christie criticizes 2024 rival Ron DeSantis' 'small' fight with Disney World: 'Does that prove you're really a tough guy?'
▼ + stars: | 2023-06-20 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +6 min

Christie cited DeSantis' battle with Disney as the GOP aiming "small," in the "Ruthless" podcast. Ron DeSantis this week over his bitter crusade against Walt Disney World as an example of the party wasting its time on "small" political issues. DeSantis also passed policies into law that coincide with the policies Christie cited, such as making school vouchers universally available in Florida. Republican presidential candidate Nikki Haley urged Walt Disney World to consider relocating from Florida to South Carolina. Later in the podcast, when asked to provide a one-word thought about DeSantis, Christie chose "interesting."

Persons: Christie, DeSantis, —, Chris Christie dunked, Ron DeSantis, Disney, it's, Christie isn't, Walt, didn't, Nikki Haley, Corea, John Raoux, Patrick Semansky, Donald Trump, Trump, He's, Harris, Bud Light, influencer Dylan Mulvaney, we're Organizations: Disney, GOP, Service, Florida Gov, Walt Disney, Republicans, New, Trump, Republican, Walt Disney World, Sunshine State, UN, Disney World, Reuters, Harvard, Independents Locations: Florida, China, New Jersey, South Carolina

☆ Disney is seriously unpopular with GOP primary voters in key states, internal DeSantis 2024 campaign data and leaked audio show
▼ + stars: | 2023-05-26 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +9 min

But DeSantis 2024 campaign polling shows it could help him with Republican voters in a primary. Ryan Tyson, pollster for the campaign, found the company was deeply unpopular among Republicans primary, according to findings shared with The Messenger. "The campaign thinks this is a very good issue for primary voters," Dan Eberhart, CEO of drilling services company Canary, LLC, told Insider. Neither campaign responded to a query from Insider addressing whether they had polling that conflicted with the DeSantis campaign findings. When combining this week's calling efforts with online donations, the DeSantis campaign raised $8.2 million in the fist 24 hours of the campaign.

☆ The G7 is accusing China of 'economic coercion.' Here's why.
▼ + stars: | 2023-05-20 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +4 min

The US has accused China of "economic coercion" and plans to take steps to counteract Beijing. What is "economic coercion" – and what can the West actually do about it? So what exactly is "economic coercion" – and what can the G7 do about it? According to Sullivan, this will involve measures that could enhance economic security for G7 nations. The West needs to work with Beijing on a range of issues that likely go beyond the countries' desire for economic security.

☆ Why Disney is stuck in Florida
▼ + stars: | 2023-05-18 | by ( Kimberly Leonard | Erin Snodgrass | ) www.businessinsider.com time to read: +6 min

Disney World sued Ron DeSantis last month to keep control of its self-governing status in Florida. But a top Disney expert said the company is stuck in The Sunshine State. A leading expert on Disney World's history in Florida told Insider that the amusement park is tied to its Florida home, due to its expensive operations and sprawling size. "They're stuck there," Richard Foglesong, the author of the book "Married to the Mouse: Walt Disney World and Orlando," told Insider. Other Republicans are taking DeSantis to task for his dedication to fighting with DisneyRepublican presidential candidate Nikki Haley urged Walt Disney World to consider relocating from Florida to South Carolina.

☆ IRS Employee Says He Was Removed From Hunter Biden Tax Probe
▼ + stars: | 2023-05-16 | by ( C. Ryan Barber | ) www.wsj.com time to read: 1 min

President Biden with first lady Jill Biden and children Hunter Biden and Ashley Biden in Philadelphia this week. Photo: Patrick Semansky/Associated PressWASHINGTON—An IRS supervisory agent has been removed from the tax investigation into President Biden’s son, Hunter Biden , the agent’s lawyers told lawmakers this week, after claiming to have evidence of political interference in the criminal inquiry. In a letter to House and Senate leaders, lawyers for the Internal Revenue Service supervisor said “his entire investigative team” had also been removed from the inquiry, in what they suggested was retaliation. The supervisor, who is seeking whistleblower protections, was informed that the change was made at the request of the Justice Department, according to a copy of the letter obtained by The Wall Street Journal.

☆ ChatGPT’s Sam Altman Warns Congress That AI ‘Can Go Quite Wrong’
▼ + stars: | 2023-05-16 | by ( Ryan Tracy | ) www.wsj.com time to read: 1 min

Sam Altman, CEO of ChatGPT creator OpenAI, touted the benefits of AI and acknowledged potential downsides of the technology during a Senate subcommittee hearing on Tuesday. Photo: Patrick Semansky/Associated PressWASHINGTON—The chief executive of ChatGPT creator OpenAI called on Congress to create licensing and safety standards for advanced artificial-intelligence systems, as lawmakers begin a bipartisan push toward regulating the powerful new tools available to consumers. “We understand that people are anxious about how it can change the way we live. We are, too,” Sam Altman said of AI technology at a Senate subcommittee hearing Tuesday, his first appearance before Congress. “If this technology goes wrong, it can go quite wrong.”

☆ Crypto Exchange Poloniex to Pay $7.6 Million to Settle Probe Into Sanctions Violations
▼ + stars: | 2023-05-02 | by ( Mengqi Sun | ) www.wsj.com time to read: 1 min

The settlement agreement alleged that Poloniex processed digital assets transactions worth a total of more than $15.3 million for customers in sanctioned regions between 2014 and 2019. Photo: Patrick Semansky/Associated PressCryptocurrency exchange Poloniex LLC has agreed to pay about $7.59 million to settle allegations it allowed users in sanctioned regions to trade digital assets on its platform, the U.S. Treasury Department said. The settlement agreement, which became public Monday, alleged that Poloniex processed digital assets transactions worth a total of more than $15.3 million for customers in sanctioned regions between 2014 and 2019, despite the platform having know-your-customer information and internet protocol address data that told them otherwise, according to the Treasury’s Office of Foreign Assets Control, which enforces U.S. economic sanctions.

☆ Missouri Judge Blocks Limits on Transgender Healthcare
▼ + stars: | 2023-05-02 | by ( Mariah Timms | ) www.wsj.com time to read: 1 min

Missouri Attorney General Andrew Bailey, a Republican, issued the restrictions on transgender-related healthcare for minors and adults last month. Photo: Patrick Semansky/Associated PressA Missouri judge has temporarily blocked an attempt by the state attorney general to impose strict regulations on transgender-related healthcare for minors and adults. St. Louis County Circuit Judge Ellen Ribaudo issued a temporary restraining order Monday that prevents the state until May 15 from enforcing restrictions announced last month by state Attorney General Andrew Bailey , a Republican, that could have ended most, if not all, gender-transition care in the state.

☆ FBI Warrantless Searches of Americans’ Communications Declined Sharply, Spy Agency Says
▼ + stars: | 2023-04-28 | by ( Dustin Volz | ) www.wsj.com time to read: +1 min

The National Security Agency is allowed to capture without a warrant communications thought to belong to foreigners living abroad., sometimes scooping up Americans’ data in the process. Photo: Patrick Semansky/Associated PressWASHINGTON—The number of warrantless searches of Americans’ telephone calls, emails and text messages conducted by the Federal Bureau of Investigation plummeted last year, dropping from millions of searches to about 120,000, according to a U.S. intelligence report. A senior FBI official attributed the drop in part to better compliance with restrictions on searches of the data after adoption of internal reforms, as well as to variations in national- security investigations. Additionally, a large percentage of the searches in 2021 were related to efforts to identify potential victims of an unidentified Russian hacking campaign that struck critical infrastructure in the U.S., said the report, which was released Friday. Other factors in the decline include changes in suspected foreign spies’ communications practices and advances in technology.

☆ 5 reasons fighting Disney is a political winner for DeSantis — and 6 reasons it could hurt his shot at the presidency
▼ + stars: | 2023-04-28 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +13 min

It does a ton of business in China, which many GOP voters view as a threat to the US. DeSantis already ran on being anti-Disney — and wonTaryn Fenske, DeSantis' communications director, has described the Disney fight as being "the will of Florida voters." And they might not vote for DeSantis if they think the Disney fight is a killer in a general election. Families often work hard and save for years to take their children to Disney World. If DeSantis can't bring a resolution to the Disney fight, can he handle the job of president?

☆ Justice Clarence Thomas' troubles reveal a much larger accountability issue lurking in the Supreme Court
▼ + stars: | 2023-04-27 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +13 min

Supreme Court Justice Clarence Thomas is facing a wave of misconduct allegations in recent weeks. The Supreme Court did not immediately respond to a request for comment on the allegations. What was your initial reaction to Monday's Bloomberg report regarding the 2004 appeals case that Justice Thomas failed to recuse himself from? Associate Supreme Court Justice Clarence Thomas. The point is that the issue should not be punishing Justice Thomas or punishing Justice Gorsuch.

☆ Justice Department Sues to Block Tennessee Restrictions on Transgender Healthcare
▼ + stars: | 2023-04-26 | by ( Mariah Timms | ) www.wsj.com time to read: +1 min

The Justice Department is asking a judge to issue a preliminary injunction to block Tennessee from enforcing the law. Photo: Patrick Semansky/Associated PressThe Justice Department filed a lawsuit Wednesday challenging Tennessee’s recent ban on certain healthcare for transgender minors, arguing the law violates the constitutional guarantee of equal protection. Under the measure, doctors are prohibited from providing certain treatments to anyone under 18 even with parental consent if the procedure is used as part of transgender healthcare. The restrictions include a block on prescribing medications that can delay the onset of puberty or hormones that can cause physical changes such as the development of facial hair or breasts. The law also requires physicians to discontinue current gender-transition care of minor patients by March 2024.

☆ Another Biden-Trump Presidential Race in 2024 Looks More Likely
▼ + stars: | 2023-04-23 | by ( Ken Thomas | Aaron Zitner | ) www.wsj.com time to read: 1 min

A 2024 contest between former President Donald Trump and President Biden would probably be different from the first encounter. Photo: Jeff Swensen/Getty Images; Patrick Semansky/Associated PressWASHINGTON—America could be headed for an epic rematch. President Biden is expected to announce his re-election campaign this week, putting to rest questions of whether he will seek a second term as the nation’s first octogenarian president. At the same time, polls show former President Donald Trump with a substantial lead in the Republican presidential field despite facing criminal charges in New York and the potential for more legal problems on the horizon.

☆ President Biden Expected to Launch Re-Election Campaign in Video Next Week
▼ + stars: | 2023-04-21 | by ( Ken Thomas | Catherine Lucey | ) www.wsj.com time to read: 1 min

President Biden faces sagging approval ratings and public concern about his age and fitness for office. Photo: Patrick Semansky/Associated PressWASHINGTON—President Biden is expected to formally launch his re-election campaign with a video announcement next week, said people familiar with the planning. A formal campaign announcement from Mr. Biden, 80, has long been expected, and the president has been vocal about his desire to “finish the job” he started during his first term. But aides have said there was little urgency to make it official, given the lack of a serious Democratic primary challenger and the chaotic Republican field. Tuesday, April 25, will mark the four-year anniversary of the launch of Mr. Biden’s last presidential campaign.

☆ President Biden Plans Video Re-Election Bid Announcement as Soon as Next Week
▼ + stars: | 2023-04-20 | by ( Ken Thomas | Catherine Lucey | ) www.wsj.com time to read: 1 min

President Biden faces sagging approval ratings and public concern about his age and fitness for office. Photo: Patrick Semansky/Associated PressWASHINGTON—President Biden is looking to formally launch his re-election campaign with a video announcement as early as next week, said people familiar with the planning. A formal campaign announcement from Mr. Biden, 80, has long been expected, and the president has been vocal about his desire to “finish the job” he started during his first term. But aides have said there was little urgency to make it official, given the lack of a serious Democratic primary challenger and the chaotic Republican field. Tuesday, April 25, will mark the four-year anniversary of the launch of Mr. Biden’s last presidential campaign.

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