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☆ Trump debate prep: Tulsi Gabbard advises Republican to attack Harris on 'hypocrisy'
▼ + stars: | 2024-09-01 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

Former Democratic Rep. Tulsi Gabbard, who has endorsed Republican former President Donald Trump's campaign, is advising the GOP nominee to focus on Vice President Kamala Harris' policy pivots in their upcoming debate. Still, Gabbard is uniquely suited to help Trump understand what it would be like to debate Harris, given her firsthand experience during the 2020 Democratic primary contest. "What I pointed out in that debate stage in the 2020 campaign was her hypocrisy," Gabbard said. At the time, criminal justice reform was a very popular issue among Democratic primary voters. The Trump campaign recently added both Gabbard and RFK Jr. to its official transition team, and both are in reported talks for potential cabinet positions if Trump wins the White House.

Persons: Donald Trump, Tulsi Gabbard, Donald Trump's, Kamala Harris, Harris, Gabbard, Trump, Biden, Robert F, Kennedy Jr Organizations: Republican, Democratic, ABC, Trump, White, Democrat, RFK Jr Locations: La Crosse , Wisconsin, Hawaii

☆ 3 election-proof trades to boost your portfolio regardless of a Harris or Trump win
▼ + stars: | 2024-08-04 | by ( Christine Ji | ) www.businessinsider.com time to read: +5 min

Amid the backdrop of the US' polarized political environment, it might seem like the differences between Harris and Trump are night and day. DWS Group identified the following three areas of the market that'll perform well under a Trump or Harris presidency. Big Tech and AI aren't going anywhere this November, according to DWS Americas Chief Investment Officer David Bianco. If Trump wins, tax cuts will provide a boost to corporate America and increase consumer spending. If Harris wins, the dollar will strengthen for different reasons.

Persons: —, Harris, Trump, David Bianco, Bianco, Amanda Rebello, DWS, Frank Kelly, Biden, Kelly, Russell Organizations: Service, Trump, Big Pharma, DWS, Business, Big Tech, Republicans, Vanguard Utilities, International Stock ETF Locations: America

☆ An inside look at the Supreme Court and 3 key justices
▼ + stars: | 2024-08-03 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +6 min

CNN —The US Supreme Court holds immense power over Americans’ lives but is incredibly tight-lipped about how it reaches decisions. Do they care about the perception that the Supreme Court is out of step with the country? How do you think that proposal is going over at the Supreme Court? WOLF: If Trump wins, do you expect any justices would retire? BISKUPIC: If Trump wins, the leading candidates for retirement would be Justices Clarence Thomas (age 76) and Alito (age 74).

Persons: ’, Joe Biden, Joan Biskupic, You’ve, Amy Coney Barrett, Samuel Alito, John Roberts, I’m, Barrett, Alito, WOLF, SCOTUS, Justice Barrett, Trump, Roberts, Donald Trump, Trumpism, Biden, Kamala Harris, Clarence Thomas, Harris, Sonia Sotomayor, Ruth Bader Ginsburg, Antonin Scalia, Ginsburg, Scalia, They’re Organizations: CNN, Supreme, Trump Locations: Idaho, Trump

☆ Trump’s net worth has plunged $800 million since Harris entered the race for the White House
▼ + stars: | 2024-08-01 | by ( Matt Egan | ) edition.cnn.com time to read: +2 min

New York CNN —Former President Donald Trump’s social media fortune is shrinking. The value of Trump’s stake in the corporate owner of Truth Social has dropped by $800 million since Vice President Kamala Harris entered the race for the White House on July 21. At the same time, Trump’s Truth Social struggles to gain traction in the social media world. Trump Media’s share price has experienced extreme turbulence since going public in late March. That’s despite the fact that JetBlue generated 2,300 times more revenue last year than Trump Media’s paltry $4.1 million.

Persons: Donald Trump’s, Kamala Harris, Joe Biden, Harris, Trump Organizations: New, New York CNN, White, Trump Media & Technology, Trump, Wall, TheRighting, Trump Media, JetBlue, That’s Locations: New York, Pennsylvania

☆ 4 areas of the market set to surge if Trump wins the election — and 3 poised to benefit from a Harris victory
▼ + stars: | 2024-07-31 | by ( Christine Ji | ) www.businessinsider.com time to read: +7 min

When it comes to investing in sectors such as financials and energy under Trump, Bianco believes that size matters. A Harris presidency would benefit the renewable energy industry, according to Amanda Rebello, head of Xtrackers ETF sales at DWS. That's primarily because a Harris presidency would result in more stringent fiscal policy than a Trump one. The national debt is also likely to rise faster under a Trump presidency compared to a Harris one. AdvertisementInvestors can prepare for a Harris presidency by adding fixed income assets such as US 10-year Treasury notes to their portfolios.

Persons: —, David Bianco, Harris, it's, He's, Bianco, Trump, Russell, REITs There's, Amanda Rebello, That's, he's, REITs, iShares Cohen Organizations: Service, Trump, Business, Republican, DWS Group, Republican National Convention, Big Pharma, VanEck Pharmaceutical, Vanguard, Energy, Democratic, Fed, Harris, Real, Investment, Battery Tech, Clean Energy, Schwab, Steers, ETF Locations: Big, Harris ' California

☆ Investors are missing how this solar stock would benefit if Trump wins the election, Morgan Stanley says
▼ + stars: | 2024-07-24 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

First Solar could emerge as clean energy winner under a second Trump administration, and investors should consider buying the stock on the cheap after its recent sell-off on "overblown" election risks, according to Morgan Stanley. But the risk of Republicans repealing the IRA is overblown, Morgan Stanley analyst Andrew Percoco told clients in a research note Tuesday. First Solar benefits from Trump tariffs Investors are missing how First Solar actually stands to benefit from tougher tariffs against China under a Trump administration, he said. Morgan Stanley estimates that the domestic tax credits currently represent about $101 of First Solar's $220.24 share price. Morgan Stanley has a price target of $331 for First Solar, implying 50% upside from Monday's close of $220.24.

Persons: Trump, Morgan Stanley, Joe Biden, Donald Trump, Goldman Sachs, Andrew Percoco, Brian Lee, Percoco, Goldman, wouldn't Organizations: White, GOP, Republicans, China, FSLR, Renewables Locations: U.S

☆ Trump wants a weaker dollar, but analysts say his policy direction points to just the opposite
▼ + stars: | 2024-07-23 | by ( Huileng Tan | ) www.businessinsider.com time to read: +1 min

Republican presidential nominee Donald Trump has said he wants a weaker dollar to boost US exports. Economists and analysts say a weak dollar policy would be costly and politically difficult to implement. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRepublican presidential nominee Donald Trump has made it clear he would like a weaker dollar to make American exports more competitive. But economists and analysts are flagging challenges to making the greenback weaker — especially if Trump wins a second term.

Persons: Donald Trump, —, Michael Strobaek, Lombard Odier Organizations: Service, Trump, Lombard, Business Locations: America, Swiss

☆ Opinion | One of the Republican Convention’s Weirdest Lies
▼ + stars: | 2024-07-21 | by ( David French | ) www.nytimes.com time to read: +1 min

I watched hour upon hour of the Republican National Convention, something I’ve done every four years since I was a young political nerd in 1984. Speaker after speaker repeated the claim that America was safer and the world was more secure when Trump was president. If past performance is any indicator of future results, Americans should brace themselves for more chaos if Trump wins. The theme of the second night of the convention was “Make America Safe Again.” Yet the public mustn’t forget that the murder rate skyrocketed under Trump. According to the Pew Research Center, “The year-over-year increase in the U.S. murder rate in 2020 was the largest since at least 1905 — and possibly ever.”

Persons: Mitt Romney, Donald Trump, Trump, ” Organizations: Republican National Convention, Republican, America, Trump, Pew Research Center Locations: America, Russia, U.S

☆ The Trump trade: how a red wave could impact stocks, bonds, and commodities
▼ + stars: | 2024-07-19 | by ( Laila Maidan | ) www.businessinsider.com time to read: +9 min

Read previewAs we near the November elections, investors are increasingly focused on what a Donald Trump win would mean for global markets and economies. The charts below show how stock sectors moved in the 24 hours after the debate and how a Trump administration might impact sectors with varying regulatory burdens. If Trump wins, investors will need to cut through the noise and at least understand how he might impact different parts of the economy. Where monetary policy is concerned, leading economist Christophe Barraud believes a Trump administration could pressure the Federal Reserve to be very accommodative on rates, in other words, steeper or sooner cuts. It expects a Trump Administration to allow LNG export permits after the Biden Administration attempted to halt them.

Persons: —, Donald Trump, Goldman Sachs, Joe Biden, Trump, Solita, Samantha Lamas, Goldman, Goldman's Jan Hatzius, Christophe Barraud, Bloomberg Businessweek Trump, Morgan Stanely, Morgan Stanley Organizations: Service, Trump, Business, Trump Media, Technology, UBS, Americas Global Wealth Management, Morningstar, Federal Reserve, Bloomberg Businessweek, Korea, Asia Pacific's, Republican, Trump Administration, Biden Locations: Predictit, Mexico, Canada, China, Japan, Germany, Asia, Goldman Sachs, Washington

Here's a rapid-fire update on all 34 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Costco : While Costco gets nearly 7% of its sales from China, Jim said it's unlikely its business would be threatened by geopolitics given the company's popularity in the country. Constellation Brands : There's no doubt that the Modelo and Corona parent is a less attractive stock under Trump compared with Biden. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Jim, Donald Trump, Abbott's, Reckitt Benckiser, we're, there's, it's, Biden, Dupont, Trump, Walt Disney, Nelson Peltz, Jim said, Estee Lauder, Eaton, Honeywell's, Washington that's, Eli Lilly, Roche, Eli Lilly's, Lilly, Sen, J.D, Vance of, Morgan Stanley, ChatGPT, chipmaker, Laxman Narasimhan, Stanley Black, Decker, rightsizing, Wells, Wynn, he's, Jim Cramer, Brendan McDermid Organizations: Jim Cramer's Charitable Trust, CNBC, Trump, Abbott Laboratories, AMD, Broadcom, VMWare, Costco, Coterra Energy, White, Bloomberg, Federal, Motors, Ford, GE Healthcare, Big Tech, Honeywell, Air Products, Linde, Meta, Microsoft, Investors, OpenAI, Republican, Palo Alto Networks, Palo, Procter & Gamble, Biden, Constellation Brands, Modelo, The, TJX, Wynn Resorts, Club, Jim Cramer's Charitable, Traders, New York Stock Exchange Locations: China, Dover, U.S, Washington, Vance of Ohio, Meta, Taiwan, Israel, Gaza, Corona, Wells Fargo, Macau, New York City

☆ Why you're going to be hearing a lot about tariffs on China for the next 4 months
▼ + stars: | 2024-07-16 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Read previewFormer President Donald Trump has finally announced his running mate — and his choice means you'll likely hear a lot about tariffs on China in the coming months. Tariffs, or taxes on goods imported from another country, are intended to raise government revenue and bolster domestic manufacturing. As president, Trump was staunchly protectionist and used tariffs to enforce his "America First" policies — he imposed a series of tariffs on China that ultimately led to a trade war between the two economies. According to the Tax Foundation, Trump's tariffs raised taxes by nearly $80 billion. Biden's tariff policies have been more targeted than Trump's.

Persons: —, Donald Trump, Sen, JD Vance —, Ohio —, Vance, Trump, Joe Biden, — Trump, Biden, they're, Joseph Stiglitz Organizations: Service, Trump, Republican, Trump Republican, Business, CBS News, Tax Foundation, CBS Locations: China, Ohio, United States, America, Pennsylvania, Michigan, —

☆ Wharton's Jeremy Siegel: No way Democrats can hold the Senate if Trump wins the presidency
▼ + stars: | 2024-07-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWharton's Jeremy Siegel: No way Democrats can hold the Senate if Trump wins the presidencyJeremy Siegel, professor emeritus of finance at University of Pennsylvania’s Wharton School of Business and Wisdom Tree chief economist, joins 'Squawk Box' to discuss the impact of the assassination attempt of former President Trump on markets, 2024 presidential election, down ballot races, and more.

Persons: Jeremy Siegel, Trump Organizations: Trump, University of Pennsylvania’s Wharton School of Business

☆ The marks of the failed Donald Trump assassination attempt are already all over the markets
▼ + stars: | 2024-07-15 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

The failed assassination attempt on Donald Trump is likely to be on investors' minds this week. Bitcoin surged on haven trade following the event, while the dollar also rose as the "Trump trade" returned. AdvertisementThe failed assassination attempt on former President Donald Trump is expected to dominate markets this week as investors focus on the so-called "Trump trade." Even before the weekend events, economists and analysts were already debating what a Trump presidency would mean for the markets. "Judging by historical parallels, this event will galvanize the Trump vote, meaning the markets will gradually price in the so-called 'Trump trade,'" wrote Rodda.

Persons: Donald Trump, Bitcoin, Trump, —, Kyle Rodda, TMTG, Hong, Rong Organizations: Trump, Service, Investors Locations: United States, Tokyo, Paris, Frankfurt

☆ Project 2025 and the New Spoils System - The New York Times
▼ + stars: | 2024-07-15 | by ( Paul Krugman | ) www.nytimes.com time to read: +1 min

I’m not going to speculate about the effect of Saturday’s attempted assassination of Donald Trump on the 2024 presidential race. But two things are true at the same time: Political violence is unacceptable, full stop. And the efforts by Trump and his most hard-core supporters to undermine American democracy continue to be unacceptable. As Republicans head into their convention this week, it’s important to understand the potential ramifications of both their official platform, about which I wrote last week, and their unofficial aspirations, embodied by Project 2025. How radical is the Project 2025 agenda?

Persons: I’m, Saturday’s, Donald Trump, Trump, Trump’s, MAGA, Kevin Roberts, ” Organizations: Heritage Foundation, Trump, Leadership Locations: American

☆ Trump selects JD Vance as his running mate
▼ + stars: | 2024-07-15 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

Read previewFormer President Donald Trump on Monday announced that he had selected Sen. JD Vance of Ohio as his running mate, adding a vocal ally to a ticket aimed at appealing to Trump's base. "As Vice President, J.D. Vance illustrates that Trump remains unencumbered by the concerns that would typically animate a nonincumbent when selecting a running mate. A once self-described "Never Trump Republican," Vance previously said that he considered voting for 2016's Democratic presidential nominee, Hillary Clinton. AdvertisementIf Trump wins a second term, Vance would be sworn in as one of the youngest vice presidents in the nation's history.

Persons: —, Donald Trump, Sen, JD Vance, Ohio, J.D, Trump, Vance, Biden, Trump's, Mike Pence, Sherrod Brown, Hillary Clinton, Peter Thiel . Thiel, Mitch McConnell Organizations: Service, Monday, Troops, Business, New York Times, Republican, Republicans, Democratic, Trump, Trump Republican, GOP, PAC, Senate, Reuters Locations: Butler , Pennsylvania, Ohio, Washington, Ukraine, Manhattan

☆ Two days after surviving an assassination attempt, Trump picks his MAGA heir
▼ + stars: | 2024-07-15 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

And if Trump wins the election in November, a millennial will be a heartbeat away from the presidency. The Ohio Republican has turned on the establishment and elite academe that helped make his name with the vehemence that only a defector can muster. But he has explained that he was wrong about Trump and now believes that he was a great president. Trump critics are also seizing on the pick to question Trump’s commitment to his new unity message after he escaped the assassination attempt. Ultimately, Trump is clearly comfortable with Vance, a favorite of his firebrand son Donald Trump Jr.

Persons: CNN — JD Vance, Donald Trump —, MAGA, —, Vance, Trump, he’s, Trumpism, Trumper, “, Trumper ”, Critics, CNN’s Kaitlan Collins, “ I’m, Mike Pence’s, ”, ” Vance, Donald Trump, it’s, Joe Biden’s, Biden, won’t, reclaims, America’s, ’ ”, Volodymyr Zelensky, Vance’s, CNN’s Collins, It’s, ” Zelensky, Dick Cheney, Bush, Donald Trump Jr, Mike Pence, Collins Organizations: CNN, Republican Party, Trump, Senate, Ohio State University, Marine Corps, Yale Law School, Ohio Republican, White, Democratic Party, Buckeye State, Republican, Munich, Conservative Political, Wing, “ America, The Locations: Ohio, Appalachia, Kentucky, Iraq, Pennsylvania, Michigan, Wisconsin, Omaha , Nebraska, America, Ukraine, The Ohio

☆ Jon Stewart is angry the Democratic Party 'wasn't honest' about Biden and landed the US in a 'rock and a hard place' position
▼ + stars: | 2024-07-12 | by ( Matthew Loh | ) www.businessinsider.com time to read: +1 min

Jon Stewart is upset that the Democratic Party failed to prepare for threats like Biden appearing weak. "I don't know if it was complacency, or deceit, or whatever it is," Stewart said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementComedian Jon Stewart accused the Democratic Party of putting its voters between a "rock and a hard place" by failing to prepare them for any doubts about President Joe Biden's health before the 2024 election. "What do I do with my anger at a Democratic Party that honestly has put us in this rock and a hard place position?"

Persons: Jon Stewart, Biden, Stewart, Biden's, —, Joe Biden's, Kamala Harris Organizations: Democratic Party, Trump, Service

☆ Volatile yen keeps markets on edge as intervention risks swirl
▼ + stars: | 2024-07-12 | by ( ) www.cnbc.com time to read: +4 min

A sheet of newly-designed Japanese 10,000 yen banknotes at the National Printing Bureau Tokyo plant in Tokyo, Japan, on Wednesday, June 28, 2023. The Japanese currency swung between gains and losses in early trading before trading slightly weaker. It spiked nearly 3% to as high as 157.40 immediately after the consumer inflation report on Thursday. "Currency interventions should certainty be rare in a floating rate market, but we'll need to respond appropriately to excessive volatility or disorderly moves," Kanda said. Tokyo intervened at the end of April and in early May, spending roughly 9.8 trillion yen ($61.55 billion) to support the currency.

Persons: Masato Kanda, Kanda, It's, Siong Sim, Charu Chanana, Matt Simpson, Menon, Donald Trump, Sterling Organizations: National Printing Bureau, Asahi, Nikkei, Bank of Singapore, U.S, CPI, Saxo, Federal Reserve, City, Traders, Presidential, Trump Locations: National Printing Bureau Tokyo, Tokyo, Japan, U.S

☆ Trump's promise of tariffs and deportations could pop the stock market bubble if he wins a 2nd term, Capital Economics says
▼ + stars: | 2024-07-12 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

An AI-driven stock market bubble could burst early if Trump wins the 2024 election, according to Capital Economics. Trump's proposed policies on tariffs and immigration could slow economic growth and spark higher inflation, the firm said. Higher inflation would restrict the Federal Reserve's ability to cut interest rates. AdvertisementThe ongoing stock market bubble that has been inflated by a strong rally in AI stocks could pop prematurely if former President Donald Trump wins the 2024 election. A second Trump Presidency "could potentially result in the imposition of universal tariffs and reductions in immigration," Higgins said.

Persons: Trump's, —, Donald Trump, John Higgins, Higgins, Trump Organizations: Trump, Capital Economics, Service, Trump Presidency, Federal Reserve

☆ Big youth climate group calls for Biden to exit election race against Trump
▼ + stars: | 2024-07-12 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Sunrise Movement protesters gather near VP Harris' Brentwood home calling on her to urge President Biden to declare a climate emergency. The Sunrise Movement, a major youth climate group that strongly supported President Joe Biden in the 2020 election, urged him on Friday to exit the 2024 race against former President Donald Trump. We can't afford to ignore the warning signs in front of us," Sunrise Movement Executive Director Aru Shiney-Ajay said in a statement. "Joe Biden's next climate legacy-defining act must be to pass the torch to a new nominee," Shiney-Ajay said. "If Trump wins, he will demolish President Biden's historic climate achievements, such as the Inflation Reduction Act and American Climate Corps.

Persons: Harris, Biden, Simon Aron, Josiah Edwards, Joe Biden, Donald Trump, Aru Shiney, Ajay, Joe Biden's Organizations: Sunrise Movement, Brentwood, Sunrise, Movement, Democratic, Democrats, Trump, Climate Corps

☆ Democrats go public with fears of GOP ‘landslide’ that could jeopardize US democracy
▼ + stars: | 2024-07-10 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +8 min

CNN —President Joe Biden and his advisers keep issuing unequivocal declarations that he’s staying in the 2024 race, but Democrats aren’t hearing it. “Speaker Pelosi fully supports whatever President Biden decides to do,” a spokesperson said in a subsequent statement. “Donald Trump is on track, I think, to win this election, and maybe win it by a landslide, and take with him the Senate and the House,” he told CNN’s Kaitlan Collins. Trump is currently aheadCNN’s Road to 270 assessment of the electoral map shows Trump in position to win the election. “Donald Trump and the Republicans have loved every minute of watching this discussion,” Rep. Debbie Dingell, who represents the battleground state of Michigan, told CNN’s Jessica Dean.

Persons: Joe Biden, “, Nancy Pelosi, ”, Biden, Pelosi, Vermont Sen, Peter Welch, —, Colorado Sen, Michael Bennet, “ Donald Trump, CNN’s Kaitlan Collins, Adam Smith, ” Smith, Trump, CNN’s Wolf, Ritchie Torres —, Biden —, Clooney, George Clooney, cohosted, “ Joe Biden, ” Clooney, He’s, Rob Reiner, Michael Douglas, ABC’s George Stephanopoulos, doesn’t, Lester Holt, ’ Bennet, Sens, Sherrod Brown, Jon Tester, ” Bennet, Donald Trump, CNN’s, Ronald Brownstein, Clarence Thomas, Samuel Alito, Harry Enten, CNN’s Jim Acosta, Hakeem Jeffries, Annie Grayer, Manu Raju, Jeffries, Debbie Dingell, CNN’s Jessica Dean Organizations: CNN, Democratic, Democrat, New York Rep, Congressional Black Caucus, The New York Times, Democrats, Trump, Biden, Hollywood, Democratic National Convention, NATO, NBC, Colorado Democrat, Senate, Republicans, White, House Democratic Caucus, ” Locations: Vermont, Washington, Los Angeles, California, Chicago, Russia, New York City, Georgia , Michigan, Nevada, Michigan

☆ Biden needs to show he's 'with it' at 'extraordinarily important' NATO summit, former diplomat says
▼ + stars: | 2024-07-09 | by ( Natasha Turak | ) www.cnbc.com time to read: +3 min

watch nowThe stakes are high for the NATO alliance as the organization's 75th anniversary summit gets underway in Washington this week. "I think this NATO summit in Washington is an important moment for Joe Biden, he really has to show that he is with it, he's ready to continue to lead not only the United States of America but the NATO alliance," she told CNBC's Dan Murphy. Asked if the summit could be make-or-break for the transatlantic alliance, Gottemoeller replied: "I think it is an extraordinarily important summit for the NATO alliance; I wouldn't say it is a make-or-break. US President Joe Biden participates in the US-Nordic Leaders' Summit at the presidential palace in Helsinki, Finland, on July 13, 2023. US President Joe Biden travelled to Britain on July 9, 2023, to a NATO summit in Lithuania and will end the trip to Europe on July 13, 2023 in Finland.

Persons: Joe Biden, Donald Trump, Rose Gottemoeller, CNBC's Dan Murphy, Gottemoeller, Andrew Caballero, Reynolds, Trump, Vladimir Putin, Defence Lloyd J, Austin III, Rustem Umerov, Jens Stoltenberg, Charles Q, Brown Jr, Omar Havana Organizations: NATO, CNBC's, Nordic, AFP, Getty, Trump, Kyiv, Defence, Ukrainian Defence, United, Joint Chiefs Locations: Washington, U.S, United States, America, Helsinki, Finland, Britain, Lithuania, Europe, Ukraine, Russia, Brussels, Belgium

☆ Iran's new president may be a reformist, but change remains distant
▼ + stars: | 2024-07-09 | by ( Natasha Turak | ) www.cnbc.com time to read: +6 min

Newly-elected Iranian President Masoud Pezeshkian visits to the shrine of the Islamic Republic's founder Ayatollah Ruhollah Khomeini in Tehran, Iran on July 06, 2024. Fatemeh Bahrami | Anadolu | Getty ImagesIran on Friday elected its first "reformist" president in 20 years, signaling many voters' rejection of hardline conservative policies amid low turnout of just 49%, according to official figures. Iran's sole reformist candidate Masoud Pezeshkian and ultraconservative Saeed Jalili are set to go to runoffs after securing the highest number of votes in Iran's presidential election, the interior ministry said. "This is why many Iranians have lost hope in bringing about change through the ballot boxes and are boycotting elections." "The core structure of Iran's theocratic regime, where a Supreme Leader's authority eclipses that of any president, will remain steadfastly intact… In essence, Iran's theocracy is designed to resist meaningful change."

Persons: Masoud Pezeshkian, Ruhollah Khomeini, Fatemeh, Masoud, Ibrahim Raisi, Sina, Toossi, Massoud Pezeshkian, Majid Saeedi, Mohammad Khatami, Ayatollah Ali Khamenei, Nader Itayim, Khamenei, Itayim, Mohammad Bagher Ghalibaf, Amirhossein Ghazizadeh, Hashemi Alireza Zakani, Saeed Jalili, Mostafa Pourmohammadi, Iran's, ultraconservative Saeed Jalili, Atta Kenare, Ben Taleblu, Pezeshkhian, Mahsa Amini, Amini, Mahsa, Ozan Kose, Pezeshkian's Organizations: Anadolu, Getty, Center for International, CNBC, Guardian Council, Argus Media, Vehicles, Afp, Foundation for Defense of Democracies, AFP, for Human Rights, Trump Locations: Tehran, Iran, Afrasiabi, Islamic Republic, Mideast, Washington, Pezeshkian, Kurdish Iranian, Iranian, Istanbul

☆ A second Trump term would be 'chaos' for student loan borrowers
▼ + stars: | 2024-07-07 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

Read previewDonald Trump has long regarded the student loan forgiveness measures rolled out under the Biden administration as a stunt to garner "publicity for the election." At a campaign event in late June, Trump called Biden-era student debt relief measures "vile," suggesting that student loan borrowers shouldn't count on forgiveness under a second Trump administration. A recent Supreme Court ruling striking down the Chevron doctrine has already weakened the Education Department. Biden-era student loan forgiveness measures, as well as his new income-driven SAVE repayment plan, are making their way through court challenges led by conservative groups, which are not likely to be resolved before 2025. Advertisement"Overall, I think a Biden administration is going to be more favorable for college affordability than a Trump administration," Kantrowitz said.

Persons: —, Donald Trump, Biden, he's, Trump, Pell Grant, Jan Miller, Mark Kantrowitz, Kantrowitz, Betsy Mayotte, who'd Organizations: Service, Biden, Business, of Education, Department of Education, US Department of Education, Education Department, Senate, Trump, The, Student Loan Advisors, Education Department's, Education Locations: Washington ,, Mayotte

☆ Analysis: Biden’s ABC interview does nothing to quell the existential crisis around his campaign
▼ + stars: | 2024-07-06 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Washington CNN —President Joe Biden’s struggle to prove he’s got the strength and cognitive capacity for a second term is becoming an excruciating personal and national ordeal. While his interview performance was far stronger than the president’s often incoherent showing at the CNN debate in Atlanta, that’s not saying much. He appeared more composed and fluent than at the CNN debate. But Democratic Rep. Brad Sherman of California told CNN that the president needed to do a prolonged and live television interview unlike the recorded one on ABC. But increasingly, it seems as though the fear of a Trump term may be overwhelming satisfaction with Biden’s achievements.

Persons: Joe Biden’s, he’s, Biden, –, that’s, Friday, Virginia Sen, Mark Warner, Hakeem Jeffries, I’m, ” Biden, “, Almighty, ‘ Joe, ’ I’d, Almighty’s, Donald Trump, he’d, ”, ’, Trump’s, Trump, Biden’s, George Stephanopoulos, Brad Sherman, George Washington’s, Seth Moulton, Mike Quigley, ” “, ” Quigley, Maura Healey Organizations: Washington CNN, CNN, Democratic, Democrats, ABC News, Trump, NATO, ABC, ”, Boston, Illinois, MSNBC, United, Affordable Locations: Atlanta, Wisconsin, Washington, California, ” Massachusetts, United States, Massachusetts, America

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