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☆ Harris and Trump face off for the first time tonight, but some corners of the business world are already over it
▼ + stars: | 2024-09-10 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

Business Insider's Brent D. Griffiths has a rundown on everything you need to know heading into tonight . A newly released Times/Siena poll shows Trump holding just a one-point advantage over Harris among likely voters. For Trump, the focus will likely be the economy, which is a high priority for voters and also a sore spot for Harris. The latest Times poll showed Trump (55%) held a big advantage over Harris (42%) regarding who would be better equipped to handle the economy. Trump will also likely target Harris' biggest vulnerabilities , which may include trying to define her shifting views as disingenuous flip-flops, Brent writes.

Persons: —, he'll, it's, Jose Luis Pelaez, Michael Ciaglo, Getty, Tom Williams, Tyler Le, Kamala Harris, Donald Trump, Insider's Brent D, Griffiths, Harris, BI's John L Dorman, Trump, Brent, Jenny Chang, Rodriguez, BI's Bradley Saacks, It's, BI's Alice Tecotzky, Sébastien Thibault, Goldman Sachs, Torsten Sløk, Anson Chan, Brian Niccol, hasn't, Putin, Andrew Cuomo, Dan DeFrancesco, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Service, Elon, Business, Jose Luis Pelaez Inc, Trump, BI Bitcoin, Arab League Locations: Philadelphia, Siena, Silicon Valley, China, America, Russia, Ukraine, Cairo, Israel, Gaza, New York, London

☆ Presidential debate live updates: Trump and Harris face off in Philadelphia
▼ + stars: | 2024-09-10 | by ( Dan Mangan Kevin Breuninger Josephine Rozzelle Brian Schwartz Rebecca Picciotto Ece Yildirim | Dan Mangan | Kevin Breuninger | ) www.cnbc.com time to read: +1 min

Republican presidential nominee and former U.S. President Donald Trump reacts during his "No Tax on Tips" campaign event in Il Toro E La Capra restaurant in Las Vegas, Nevada, U.S. August 23, 2024. (L), and Vice President Kamala Harris smiles as she speaks at her Presidential Campaign headquarters in Wilmington, DE, U.S., July 22, 2024. Republican presidential nominee Donald Trump will square off Tuesday against Vice President Kamala Harris, the Democratic nominee, in a prime-time debate that could alter the course of an unprecedented race for the White House. It will also be the first time Harris and Trump have ever met in person, just eight weeks before the Nov. 5 election. Polling averages indicate the race is effectively tied at the national level, while surveys of the key battleground states show Trump and Harris within a few points of each other, and well within the polls' margins of error.

Persons: Donald Trump, Toro, Kamala Harris, Harris, Trump Organizations: Republican, Democratic, White, ABC News, National Constitution Center, Trump Locations: Las Vegas , Nevada, U.S, Wilmington , DE, Philadelphia

The U.S.-recognized winner of Venezuela’s presidential election on July 28, Edmundo González Urrutia, fled to Spain as President Nicolás Maduro heightened his repression campaign and issued a warrant for his arrest. As human rights abuses and the dismantling of democratic institutions intensified under Maduro, President Donald Trump followed with “maximum pressure” sanctions in an attempt to squeeze him out of office. A Venezuela election body stacked with Maduro backers has declared Maduro the winner of the country’s July 28 election but refused to release vote tallies. Biden resumed deportations of Venezuelans as a condition of the election negotiations with Maduro. “If you want to do something about migration, what you should not do is help make things worse for Venezuelans,” Rodriguez said.

Persons: Donald Trump, Kamala Harris, Trump, Edmundo González Urrutia, Nicolás Maduro, Fernando Rodriguez, Josef Korbel, “, ” Rodriguez, Maduro, George W, Bush, Joe Biden, González, ”, Oliver Stunkel, ” Stunkel, Harris, Jason Marczak, Biden, Rodriguez, Dislodging Organizations: Josef, Josef Korbel School of International Studies, Trump, Chevron, U.S, Carnegie Endowment, International Peace, Carnegie, Northern, Atlantic Council Latin America, Customs, Maduro, NBC Locations: U.S, Spain, Denver , Colorado, Cuba, Venezuela, “, United States, El Salvador, Guatemala, Honduras, Mexico

☆ Trump hush money sentencing postponed past Election Day, judge rules
▼ + stars: | 2024-09-06 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Former President Donald Trump will not be sentenced in his New York criminal hush money case until after the Nov. 5 presidential election, a judge ruled Friday. The sentencing, which was set for Sept. 18, will instead take place on Nov. 26, Manhattan Supreme Court Judge Juan Merchan ruled. The Supreme Court's ruling had already spurred Merchan to delay Trump's sentencing, which was originally scheduled for July 11, by more than two months. Trump campaign spokesman Steven Cheung in a statement Friday said, "There should be no sentencing in the Manhattan DA's Election Interference Witch Hunt." "As mandated by the United States Supreme Court, this case, along with all of the other Harris - Biden Hoaxes, should be dismissed," Cheung said.

Persons: Donald Trump, Juan Merchan, Trump, Merchan, Trump's, Michael Cohen, Stormy Daniels, Cohen, Alvin Bragg's, Steven Cheung, Harris, Biden, Cheung, Bragg, Joe Biden Organizations: U.S, New York, Court, Manhattan, Trump, Republican, United States Supreme, NBC News Locations: New York, Manhattan

The addition of Gabbard is particularly notable given the tense exchanges she had with the vice president during their 2020 race that left Harris rattled. Trump’s team has been sketching out potential responses on reproductive rights with the expectation Harris will make that a focus during the debate. The Trump campaign has insisted the matter is settled. Thus far, no one is expected to sit in for Harris, just as no one played Biden ahead of the June debate. It’s the second time the vice president will visit the city this week after campaigning with Biden on Labor Day.

Persons: Donald Trump, Kamala Harris, Harris, —, Trump, Joe Biden, Tulsi Gabbard, Harris ’, Biden, Trump’s, Ohio Sen, JD Vance, Rohini Kosoglu, Karen Dunn, Sheila Nix, Sean Clegg, Philippe Reines, Hillary Clinton, Clinton, overconfidence, J.B, Pritzker, underestimating Trump, “, ”, “ They’re, ” Trump, Jason Miller, Vince Haley, Stephen Miller, Matt Gaetz, Don’t, Donna Brazile, Al, ” Brazile, “ Don’t, won’t, Mike Pence, Pence, Mr, ” Harris, It’s, Barack Obama Organizations: Washington CNN, National Constitution Center, Democratic, Trump, Biden, CNN, Illinois Gov, Republican, Florida, ABC, Union, Clinton, “, Labor Locations: Philadelphia, Hawaii, Bedminster, Mar, Lago, Manhattan, Harris, Trump, State, Pittsburgh, she’s, Maryland, Las Vegas, Williamsburg , Virginia

☆ Nvidia will be in the spotlight next week as Wall Street wraps up a tumultuous August
▼ + stars: | 2024-08-23 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

NVDA YTD mountain Nvidia Wall Street is bullish heading into Nvidia's earnings results next week, figuring any hiccups to its next generation AI chips does little to dim the earnings potential of a company that essentially has a monopoly on the market. Economists polled by FactSet anticipate PCE to show increases of 0.2% month on month and 2.6% from the year-earlier period. Wall Street anticipates that stocks could go higher from here, though the road from now to the end of the year could be bumpy. Other notable earnings results include tech names Salesforce and CrowdStrike, as well as consumer names such as Campbell Soup, Dollar General and Ulta Beauty. Earnings: Nvidia , Bath & Body Works , J. M. Smucker , Salesforce , CrowdStrike , NetApp , HP Thursday Aug. 29 8:30 a.m.

Persons: Nvidia's, chipmaker, they've, Harsh Kumar, Piper Sandler, Blackwell, Jensen Huang, Jim Cramer, Kumar, Louis Navellier, Jerome Powell, Jackson, Powell, FactSet, David Miller, Miller, Kamala Harris, Donald Trump, He's, Campbell, Lululemon Organizations: Nvidia, Blackwell, Navellier, Associates, Federal Reserve, PCE, Nasdaq, Dow Jones, U.S, Catalyst Funds, Ulta, Dallas Fed, Richmond Fed, Body, HP, Autodesk, PCE Deflator, Chicago PMI Locations: Russia, Ukraine, Chicago, Michigan

Tim Walz defends his military record. Walz defends his military recordDemocratic vice presidential nominee Tim Walz defended his military record during his first solo event on the campaign trail. Vance asserted Walz misrepresented his military record; Walz said he misspoke. Ernesto expected to strengthen into a hurricaneTropical Storm Ernesto on Aug. 13, 2024. Staff Pick: Laci Peterson case back in the spotlightLaci Peterson and Scott Peterson in an undated photo.

Persons: Tim Walz, Walz, ”, Sen, JD Vance, Vance, Donald Trump, Joe Biden, nudging Trump, Chuck Todd, Kamala Harris, Ernesto, Ilhan Omar, Minnesota, Eric Hovde, Democratic Sen, Tammy Baldwin, Laci Peterson, Scott Peterson, Peterson, — Chelsea Stahl, Benjamin Netanyahu, Elvis Presley’s, Elizabeth Robinson Organizations: Labor Statistics, Federal Reserve, Democratic, Minnesota, NBC, Trump, GOP, NOAA, Getty Images Schools, NHC, U.S ., Wisconsin Republican, Senate, Modesto Police Department, Pictures, Israeli, Police Locations: Los Angeles, Ohio, Denver, Boston, Michigan, Asheville , North Carolina, Puerto Rico, Caribbean, British Virgin Islands, U.S . Virgin Islands , Puerto Rico, Vieques, Culebra, California, U.S, Ferguson , Missouri, Tennessee

☆ Whoever can finally coin an effective economic message could win the White House
▼ + stars: | 2024-08-13 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

CNN —Voters keep telling pollsters that their economic insecurities are the biggest issue in the 2024 election. Former President Donald Trump will try to make a case against Kamala Harris’ role in the Biden economy on Wednesday in North Carolina. President Joe Biden dedicated his domestic agenda to restoring economic fairness and sought to revive manufacturing and repair the country’s crumbling infrastructure. As the effective incumbent in this race, Harris is vulnerable to any sudden shifts in the economic outlook. But with Trump seeking an opening to define her negatively — especially on the economy — Harris must act fast.

Persons: Donald Trump, Kamala Harris, Biden, Trump, Joe Biden, Harris, Kamala, He’s, Price, “, Biden Administration’s, ”, —, ” Harris, ” Trump, hasn’t, “ You’ve, Scott Jennings, Anderson Cooper, “ You’re, Brad Todd, CNN’s Kasie, he’s, ” Todd, Kevin McCarthy, Elon Musk, Sen, JD Vance, Harris ’, Bill Clinton, Barack Obama, Clinton, Obama, Obama –, –, — Harris, Tim Walz, She’s Organizations: CNN — Voters, Trump, Home Depot, Republican, Democratic, Biden, CNN, Fox News, Air Force, Democratic National Convention, NPR, PBS, Marist, New York Times, Siena College, Minnesota Gov, pharma Locations: North Carolina, Asheville , North Carolina, Maryland, Raleigh, Ohio, Chicago, Nevada, Phoenix, California, States, Pennsylvania, Michigan, Wisconsin

☆ Trump agrees to victim interview as FBI searches for shooter's motive
▼ + stars: | 2024-07-29 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +4 min

Andrew Caballero-Reynolds | AFP | Getty ImagesFormer President Donald Trump will participate in an FBI victim interview about his attempted assassination at a campaign rally, the agency told reporters Monday. The interview with Trump "will be consistent with any other victim interview that we do," an FBI official said in a press call. Republican candidate Donald Trump was evacuated from the stage at today's rally after what sounded like shots rang out at the event in Pennsylvania, according to AFP. Law enforcement recovered two explosive devices from the trunk of Crooks' car near the site of the Trump rally, and another from his bedroom. On the afternoon of the rally, Crooks flew a drone near the event area for about 11 minutes.

Persons: Donald Trump, Andrew Caballero, Reynolds, Trump, Thomas Matthew Crooks, Crooks, rallygoer Corey Comperatore, Kevin Rojek, Christopher Wray, Rojek, Oswald, Kennedy, Carlos Osorio Organizations: Republican, Convention, AFP, Getty, FBI, Butler, Inc, Bloomberg, U.S, Trump Locations: Milwaukee , Wisconsin, Butler , Pennsylvania, Pennsylvania, Pittsburgh, U.S

☆ Trump reemerges in Charlotte to a new opponent and a political landscape reshaped once again by the extraordinary
▼ + stars: | 2024-07-24 | by ( Steve Contorno | Kristen Holmes | ) edition.cnn.com time to read: +6 min

Charlotte, North Carolina CNN —Donald Trump will step out onto the campaign trail Wednesday to an entirely new race and a political landscape once again irrevocably altered by an unprecedented election year. Meanwhile, Trump and his campaign are working to reimagine a playbook and operation launched to take on an unpopular 81-year-old incumbent. He predicted that Harris would start “gaining on or even leading President Trump” in the polls, though he also insisted that the “honeymoon” period would end. Trump’s appearance in Charlotte will provide his first opportunity to contrast himself with Harris before voters in a battleground state. But it was left off the list of states that the Biden campaign viewed as most winnable in a sobering post-debate assessment of the race.

Persons: North Carolina CNN — Donald Trump, Joe Biden, Kamala Harris, Harris, Trump, –, “ Biden, ”, Biden, ” Trump, Trump’s, Harris ’, Tony Fabrizio, Trump ”, Fabrizio, ” Fabrizio, Harris “, Joe Biden’s, “, ” Harris, CNN’s Kate Sullivan Organizations: North Carolina CNN, Trump, Democratic Party, Democratic, Fox, The Democratic National Committee, Biden, San, Democrat, MAGA Inc Locations: Charlotte, North Carolina, Georgia, Minnesota, California, San Francisco, Arizona , Georgia, Nevada, Pennsylvania

☆ Opinion | The Spotlight Turns to Kamala Harris
▼ + stars: | 2024-07-22 | by ( ) www.nytimes.com time to read: +1 min

To the Editor:Re “Biden Bows Out; Late Reversal Upends Race for White House as President Endorses Harris to Lead Ticket” (front page, July 22):Why is there any doubt that the new nominee must be Kamala Harris? Not only has she served as President Biden’s vice president but, besides Mr. Biden, who else in what the Democrats call their deep bench has the same national name recognition? Why would Democrats want to insult such a strong constituency by overlooking Ms. Harris? If the Democrats overlook Kamala Harris and nominate someone else, they will be shooting themselves in the foot, and Donald Trump will be elected in November. And perhaps he felt honor-bound to endorse his vice president as his successor.

Persons: Re “ Biden, Harris, Kamala Harris, Biden’s, Biden, Joe Biden, Donald Trump, Dave Schraeger Hamilton Organizations: White House, Mr Locations: N.J

☆ How the House GOP campaign arm is pivoting to target Harris: Border, fracking and protests
▼ + stars: | 2024-07-22 | by ( Annie Grayer | ) edition.cnn.com time to read: +7 min

“It’s the Harris-Biden ticket,” GOP Rep. Tony Gonzales of Texas told CNN. “The unique problem with picking her is she can’t run away from any of that,” GOP Rep. Kelly Armstrong of North Dakota told CNN. Vice President Harris has dedicated her career to making life better for working people – while Trump only cares about himself. That’s the contrast the American people will see over the next 106 days.”In Pennsylvania, the GOP campaign arm is focusing on Harris’ previous statements as a presidential candidate in 2019 about banning fracking. “The thing about this race is that both Harris and Trump have held office,” Johnson, the House speaker, told CNN.

Persons: Kamala Harris ’, Harris, Biden, “, Tony Gonzales, Tim Burchett, Steve Horsford, Mike Johnson, ” Johnson, Kamala Harris, Byron Donalds, Joe Biden, Kelly Armstrong of North, Donald Trump, Pete Aguilar, ”, ’ Kamala Harris ’, ” Biden, Ammar Moussa, –, Trump, Harris ’, Matt Cartwright, Susan Wild, George Floyd, “ They’ve, Manu Raju Organizations: CNN, The, Republican, Democrats, Democratic, GOP, Biden, Congressional Black, National Republican, Republicans, Central America, Kelly Armstrong of North Dakota, House Republicans, House Democratic Caucus, White House, Democrat, “ Locations: Texas, Tennessee, Florida, Francisco, Arizona, New Mexico, Central, Ukraine, Israel, Harris, ”, Pennsylvania, Minnesota, Oregon, Minneapolis

☆ Alphabet earnings and 3 more things we're watching in the stock market next week
▼ + stars: | 2024-07-20 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

But in general, this is the kind of development we've hoped to see ever since Starbucks' massive earnings miss April 30. We'll take the nearly 7% pop in shares Friday and hope it's only the beginning of recovery for the beaten-up stock. Fed's fave inflation measure : The personal spending and income report will be the most closely watched economic report next week. Earnings : As the second-quarter earnings season picks up pace, we'll hear from five Club holdings next week including Google parent Alphabet . Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Russell, Donald Trump, — Trump, Jim Cramer, Trump, Donald Trump's, Taiwan's TSMC, Joe Biden's, Biden, Biden's, he's, Elliott, we've, We'll, it's, we'll, Sartorius, Ford, Jim Farley, We're, Honeywell management's, —, Zions, BOK, Brown, BRO, Lockheed Martin, Philip Morris, Clark, Lamb, Edwards Lifesciences, DOV, Dr Pepper, CARR, Baker Hughes, Booz Allen Hamilton, Jim Cramer's, Jim Organizations: Federal Reserve, Nasdaq, Dow, Republican National Convention, GOP, Bloomberg Businessweek, Trump, Elliott Management, Starbucks, Street Journal, Technology, General Motors, Honeywell, Dover, Products Company, Verizon, Truist, SAP, Semiconductors, Crown Holdings, Cadence Design Systems, Medpace Holdings, AGNC Investment, Logitech International S.A, KKR Real Estate Finance Trust, Berkley Corp, Spotify Technology S.A, United Parcel Service, GE Aerospace, GE, Cola Company, Lockheed, Comcast, Polaris Industries, Philip Morris International, Company, HCA Healthcare, Moody's Corporation, Enphase Energy, Texas Instruments Incorporated, Chubb Corporation, Seagate Technology plc, Maine, Packaging Corporation of America, Weatherford International plc, Canadian National Railway Company, FTAI Aviation Ltd, Mattel, Vertiv Holdings Co, Lamb Weston Holdings, NextEra Energy, Tenet Healthcare, Fisher, GE Vernova, Boston Scientific Corporation, General Dynamics, Lennox International, Software Technologies, CME Group, Fortive Corporation, Co, Roper Technologies, Teck Resources Limited, Blackstone Mortgage Trust, Economico Mexicano S.A, Dominion Freight, Otis Worldwide Corporation, OTIS, Ford Motor Company, Grill, Business Machines, IBM, Viking Therapeutics, Las Vegas Sands Corp, Newmont, Whirlpool, Globe, WM, O'Reilly Automotive, Annaly Capital Management, Honeywell International, American Airlines Group, Hasbro, Southwest Airlines Co, New York Community Bancorp, RTX Corporation, AstraZeneca, Carrier Global Corporation, Integer Holdings Corporation, Valero Energy, Texas, Juniper Networks, Boston Beer Company, Physicians Realty Trust, Allison Transmission Holdings, Corp, Columbia Banking, Digital Realty Trust, Edison International, Myers Squibb, Charter Communications, 3M Company, Booz, Centene Corporation, AON, Barnes, Colgate, Palmolive, Jim Cramer's Charitable, CNBC, U.S Locations: U.S, Taiwan, FactSet, China, Dover, Cleveland, Alexandria, ZION, W.R, Freeport, Kimberly, Cal, Teck, Las, ORLY, New, Banc, Bristol, Milwaukee , Wisconsin

☆ Chip stocks suffer a mini-meltdown as more potential trade restrictions threaten the industry
▼ + stars: | 2024-07-18 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, we're looking at why reports of more potential trade restrictions have chip companies on their heels . Trade restrictions are certainly real concerns for chip companies. AdvertisementThe supply-chain base for most of the chip industry is in Taiwan, specifically TSMC. Politicians and regulators have no interest in making American AI companies less competitive and demand is still extremely high. With so much geopolitical tension, is it possible the chip industry becomes more regionalized?

Persons: —, Dan Schneider's, Rebecca Zisser, Joe Biden, Insider's Kelly Cloonan, Biden, chipmakers, Trump, Emma Cosgrove, It's, Marianne Ayala, aren't, Dan Ives, influencers, Donald Trump, JD Vance, Tyler Le, Elon Musk, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Dan Schneider's Nickelodeon, Business, Nvidia, AMD, Bloomberg, China, YouTube, JPMorgan, Apple, Republican National Convention, Netflix Locations: China, Netherlands, Taiwan, Texas, California, New York, London

☆ Trump triumphant as Biden descends into a deepening crisis
▼ + stars: | 2024-07-18 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

Milwaukee CNN —Donald Trump will pull off his greatest feat yet as Joe Biden confronts his darkest hour. The 45th president’s comeback will only be fully realized if he becomes the second one-term president to win a return to the White House in November. But that’s one reason why his campaign is pulling its punches on Biden in the hope he stays in the race. President Joe Biden gestures to reporters as he steps off Air Force One upon arrival at Dover Air Force Base on July 17, 2024. After Trump escaped the assassination attempt in Pennsylvania, his campaign has leveraged the aftermath to reshape his image.

Persons: Milwaukee CNN — Donald Trump, Joe Biden, Biden, Nancy Pelosi, Trump, “, ” Biden, Adam Schiff —, it’s, Kent Nishimura, torpedoing, genuflected, Vladimir Putin, Biden –, JD Vance, ” Vance, Donald Trump, Donald J, ” “ Donald Trump, America’s, ”, Schiff, Pelosi, Democratic powerbroker, CNN’s Dana Bash, Jason Crow, Crow, Beau, Chrissy Houlahan, Houlahan, Chuck Schumer, Hakeem Jeffries, Andrew Bates, CNN’s Jeff Zeleny, “ He’s, ‘ Kamala can’t, ’, Kamala, Kamala Harris, “ It’s Organizations: Milwaukee CNN, Democratic, Trump, CNN, White House, GOP, Republican, Day, Senate, Blue, Air Force, Dover Air Force Base, Getty, Democratic Party, Trump GOP, Capitol, NATO, Ohio Republican, California Democrat, Colorado Democrat, ”, ABC News, Capitol Hill Democrats, Republican Party Locations: Delaware, California, Blue Wall, Pennsylvania, Michigan, Wisconsin, AFP, Milwaukee, Ukraine, Russia, America, Iraq, Bucks County, Biden’s, New York

☆ Trump Bitcoin Conference fundraiser tickets top out at $844,600 for Nashville soiree
▼ + stars: | 2024-07-18 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +2 min

Former U.S. President and Republican presidential candidate Donald Trump attends a campaign event in Philadelphia, Pennsylvania, U.S., June 22, 2024. Shannon Stapleton | ReutersFormer President Donald Trump will headline a campaign fundraiser in Nashville on the sidelines of the Bitcoin Conference, where the top ticket is going for $844,600 per person. Trump signed on to headline the Music City Center gathering shortly before he survived an attempted assassination on July 13. A spokesman for the Trump campaign did not respond to a request for comment on his Nashville appearances. Trump also vowed at the Libertarian National Convention in Washington in May to keep Sen. Elizabeth Warren, D-Mass., and "her goons" away from bitcoin holders.

Persons: Donald Trump, Shannon Stapleton, Trump's, Trump, Sen, Elizabeth Warren Organizations: U.S, Republican, Reuters, Bitcoin Conference, CNBC, Trump, Music City Center, Nashville, solana, Internal Revenue Service, Libertarian National Convention, Mar Locations: Philadelphia , Pennsylvania, U.S, Nashville, Washington

☆ Republicans Get Pumped for Trump’s Muscular Finale
▼ + stars: | 2024-07-18 | by ( Jess Bidgood | ) www.nytimes.com time to read: +1 min

The night Mitt Romney accepted the Republican presidential nomination in 2012, he was introduced by party stalwarts like Newt Gingrich and Jeb Bush. In 2004, George W. Bush went with Gov. Tonight, former President Donald Trump will be preceded by Kid Rock, Hulk Hogan and the chief executive of the Ultimate Fighting Championship. It is less a display of political lineage than an unapologetic show of masculine kitsch. The lineup suggests a swing back to the bellicose political style that defined Trump’s rise.

Persons: Mitt Romney, Newt Gingrich, Jeb Bush, George W, Bush, George Pataki, Donald Trump, Kid Rock, Hulk Hogan, brawn, burnish Organizations: Gov, New, Trump Locations: New York

☆ Opinion | Why Are Democrats Speaking to America in Ancient Greek?
▼ + stars: | 2024-07-18 | by ( John Mcwhorter | ) www.nytimes.com time to read: +1 min

As the Democratic Party mulls how to respond to the rhetoric emerging from the Republican National Convention this week, I dearly hope it does not continue to describe Donald Trump as a threat to democracy. That’s not because I disagree with that assessment or even because Trump just survived a horrifying attempt on his life. It has a noble ring to it, but outside of a classroom or seminar, what does it mean, exactly? “Democracy” is built from Greek roots: The “demo” part means “people,” while the “cracy” part means “power.” That’s a vivid combination — if you know Ancient Greek. If Democrats want voters to understand how Trump threatens this ideal, instead of saying it in Greek, it would be more effective to speak English.

Persons: Donald Trump, Trump, “ Donald Trump, ”, “ Organizations: Democratic Party, Republican National Convention

☆ Giuliani drains half of bank account for personal expenses while creditors pursue what he owes them
▼ + stars: | 2024-07-17 | by ( Katelyn | ) edition.cnn.com time to read: +5 min

Giuliani only appears to have a portion of that amount in his personal bank account, which keeps being depleted to pay other bills, Wednesday’s federal court proceedings in White Plains, New York, revealed. Giuliani has been slow to disclose what cash he has on hand in liquid accounts, and hasn’t been fully transparent, the judge has found. Last Friday, Giuliani’s bankruptcy protection ended, and creditors such as the 2020 election workers Ruby Freeman and Shaye Moss are now able to pursue his $10 million net worth. He told Giuliani’s lawyers they had until Thursday at “high noon; that’s appropriately theatrical” to notify the court of a plan for Giuliani to resolve his bills. “If your client persists in this course of action, there are a lot of bad things that can happen,” Lane told Giuliani’s attorneys on Wednesday.

Persons: CNN — Rudy Giuliani, Giuliani, hasn’t, Rachel Strickland, ”, ” Strickland, Ruby Freeman, Shaye Moss, Moss, Freeman, , ’, Sean Lane, Lane, ” Lane, Heath Berger, Gary Fischoff, Donald Trump, CNN’s Kaitlan Collins, Ted Goodman, Giuliani “, Goodman, ” Trump Organizations: CNN, Republican National Convention, New, Amazon, Apple, Giuliani, Milwaukee, GOP, New York’s LaGuardia Locations: White Plains , New York, Georgia, New York City, York, Florida, Milwaukee, New York, Palm Beach , Florida, New

☆ Jim Cramer gives a tactical look at the market rotation out of tech stocks
▼ + stars: | 2024-07-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

As buyers continued to cycle out of tech on Wednesday, CNBC's Jim Cramer reminded investors of his classic adage: Keep a diverse portfolio. Owning stocks from different sectors makes it easier to shoulder losses when one part of the market takes a nosedive, according to Cramer. Mega-cap tech stocks related to artificial intelligence swept the market during the first half of the year. But now Wall Street is clamoring for small and medium-sized businesses, especially ones that would benefit from interest rate cuts — which could be on the horizon as inflation slows. To Cramer, many on Wall Street sell great stocks out of fear or panic, which sometimes creates solid buying opportunities.

Persons: CNBC's Jim Cramer, Cramer, Big, Donald Trump Organizations: Nasdaq, Big Tech, Wall

☆ Trump says he would let Fed Chair Powell finish his term if he wins in November, Bloomberg reports
▼ + stars: | 2024-07-16 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +1 min

Donald Trump will allow Federal Reserve Chair Jerome Powell to complete his term at the central bank if he won the November election, the Republican presidential candidate told Bloomberg Businessweek in an interview. "I would let him serve it out, especially if I thought he was doing the right thing," Trump told Bloomberg Businessweek. President Joe Biden nominated Powell to serve a second four-year term as Fed chief in May 2022. As recently as February of this year, Trump told Fox Business that he would not reappoint Powell to lead the Fed. Read the Bloomberg Businessweek article here.

Persons: Donald Trump, Jerome Powell, Trump, Joe Biden, Powell, —, reappoint Powell, Maria Bartiromo Organizations: Republican National Convention, Federal, Republican, Bloomberg Businessweek, Fed, Fox Business Locations: Milwaukee , Wisconsin, U.S

☆ With odds of a Trump win rising, here's what it could mean for Europe's economy
▼ + stars: | 2024-07-15 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +4 min

Former US President Donald Trump during a campaign event at Trump National Doral Golf Club in Miami, Florida, US, on Tuesday, July 9, 2024. "Trump's re-election would thus pose a significant downside risk to our otherwise constructive growth forecast for the Euro area." Trade policy uncertainty, added defense and security pressures and spillover effects from U.S. domestic policies on, for example, taxes could impact Europe, they explained. Trade tensionsTrump's trade policy, and the uncertainty around it, could be one factor that impacts Europe's economy, just as it did during his last presidency, analysts Stehn and Moberly said. In 2018 and 2019, uncertainty about trade policy reduced industrial production in the euro area by around 2%, they estimated.

Persons: Donald Trump, Eva Marie Uzcategui, Goldman Sachs, Jari Stehn, James Moberly, Trump's, Trump, Joe Biden, Moberly Organizations: Trump National Doral Golf Club, Bloomberg, Getty, White, Trump, European Union, EU, . Defense, NATO, U.S, Stehn Locations: Miami , Florida, Europe, Pennsylvania, U.S, Germany, Stehn, Moberly, Ukraine

☆ A nation traumatized and a campaign transformed as Trump is set to reemerge
▼ + stars: | 2024-07-15 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

The uproar over the Trump assassination attempt may pause the intraparty rebellion against Biden for now, especially as he assumes his role as the leader of a nation in sudden crisis. In a nation that was already deeply divided, the core vote for both Trump and Biden was probably locked in. There can be no justification for an assassination attempt on a candidate — an assault on democracy. Many Republican politicians issued calls for calm and an easing of political rhetoric after the shooting — as did Democrats. And Johnson accompanied his calls for calm by implying that Democrats — in advancing their arguments against Trump — had somehow abetted the assassination attempt.

Persons: Donald Trump, MAGA, Joe Biden, “, ” Biden, Corey Comperatore, Mike Johnson, we’ve, ”, ” Trump, Salena Zito, Trump, Biden, Ronald Reagan, —, he’s, Doug Burgum, Florida Sen, Marco Rubio, Ohio Sen, J.D, Vance, he’d, Barack Obama, Paul Pelosi, Nancy Pelosi, Trump’s, Johnson, Trump —, Abraham Lincoln, CNN’s Anderson Cooper, ’ it’s, Gretchen Whitmer Organizations: CNN, Republican, Convention, Trump, RNC, Washington Examiner, White, GOP, Service, The New York, Milwaukee Bucks, North Dakota Gov, Ohio, Truth, Capitol, —, Louisiana Republican, Republican National Convention Locations: American, America, Atlanta, Washington, Butler , Pennsylvania, Wisconsin, Florida, New York, Louisiana, Michigan

☆ 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

☆ Trump's trade and tax policies are the new hot-button topic dividing economists and market experts
▼ + stars: | 2024-07-13 | by ( Filip De Mott | ) www.businessinsider.com time to read: +6 min

Experts hold drastically different views, creating a new hot-button topic that will continue to be debated up until the election in November. The camp staunchly opposed to Trump's policiesThe base argument against Trump's fiscal platform is that tariffs are, by nature, inflationary. AdvertisementIn a recent op-ed for the Financial Times, he cited the "benign" impact Trump's first-term tariffs had on the US economy. Looking ahead to a new term, Yardeni thinks Trump's most extreme pursuits will likely be watered down by Congress. AdvertisementRepublican donor Kyle Bass — who serves as the chief investment officer of Hayman Capital Management — has taken a different tact in his support of Trump's fiscal agenda.

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