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We’ve never in my lifetime changed candidates this late in the game,” West said, pausing as she left a Harris campaign office to pick up a new packet of door-knocking materials. “There is a lot of excitement around Vice President Harris, actually. However, despite the preparations, Trump’s campaign has yet to find its footing on a consistent message about the vice president. Outside the campaign, Trump’s allies worry there is no strategy for what is now a competitive race. Vice President Kamala Harris speaks at a gathering of the Sigma Gamma Rho sorority in Houston on July 31, 2024.

Persons: Donald Trump’s, Joe Biden, Trump, Biden, Kamala Harris, Ohio Sen, JD Vance, Harris –, Harris, –, ”, “, ” Trump, pollster John McLaughlin, ” McLaughlin, Harper, “ I’ve, We’ve, ” West, President Harris, Joe Lamberti, ” Harris, Rachel Scott, Scott Olson, it’s, Barack Obama, Trump’s, Steven Cheung, “ He’s, Brandon Bell, Trump –, Harris didn’t, ” Rev, Charles Williams, I’m, ’ ” Williams, he’s, Donald Trump, She’s, Carolina Sen, Lindsey Graham, she’s, Vance, Anna Moneymaker, Tucker Carlson’s, they’ve, Alaska Sen, Lisa Murkowski, Schouten, Kate Sullivan, Jeff Zeleny, Steve Contorno, Manu Raju, Morgan Rimmer, Danya Gainor, Lauren Fox Organizations: CNN, Republican, Republican Party, Trump, GOP, National Association of Black Journalists ’, Biden, Harris, Getty, Democrats, Democratic, Democratic Party, ABC, Fox News, Senior Trump, ABC News, National Association of Black Journalists, Indian, Sigma Gamma Rho, Air Force, White, Sigma Gamma Rho sorority, Historic King Solomon Baptist Church, ”, Senate, Capitol Locations: Milwaukee, Chicago, India, Jamaica, Oakland County , Michigan, Harrisburg , Pennsylvania, AFP, Trump, New York, Georgia, Butler , Pennsylvania, Harris, Atlanta, United States, North Carolina, Houston, Detroit, ”, Carolina, Sierra Vista , Arizona, Alaska, Mexico, Arizona, Ohio, California

☆ Emhoff acknowledges affair during first marriage after tabloid report
▼ + stars: | 2024-08-03 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +4 min

CNN —Vice President Kamala Harris’s husband Doug Emhoff acknowledged Saturday in a statement to CNN that he had an affair during his first marriage after the alleged details of the relationship were published by a British tabloid. “During my first marriage, Kerstin and I went through some tough times on account of my actions. The statement comes after the Daily Mail reported that Emhoff had a relationship with one of his then-young daughter’s teachers, which resulted in the end of his first marriage. The person also said that Emhoff had told Harris about the affair well before they got married. Doug Emhoff married Harris in 2014, when he was working as an entertainment lawyer in Los Angeles and she was California attorney general.

Persons: Kamala Harris’s, Doug Emhoff, Kerstin, ” Emhoff, Emhoff, Joe Biden’s, Harris, “, ”, Brian Fallon, Fallon, Kerstin Emhoff, Vance, Cole, Ella, Kamala, Doug, ” Kerstin Emhoff, “ Dougie ”, Biden, “ She’s, “ We’ve, they’re, Samantha Waldenberg Organizations: CNN, Daily Mail, The Daily Mail, Democratic, Biden, Republican, Naval Observatory Locations: British, Los Angeles, California, Washington

☆ Harris campaign says Trump is 'running scared' after he offers Fox debate
▼ + stars: | 2024-08-03 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

"Donald Trump is running scared and trying to back out of the debate he already agreed to and running straight to Fox News to bail him out," Harris campaign spokesman Michael Tyler said, in a statement on Saturday. The Trump campaign responded to the statement by accusing the Harris campaign of being cowardly. "Sounds like @KamalaHarris and @KamalaHQ are too chicken s--- to accept an earlier debate," Trump campaign spokesman Steven Cheung wrote Saturday on X. Days after Biden dropped out and endorsed Harris, Trump said he would be willing to debate the vice president multiple times. The Harris campaign has said that the vice president will show up at the Sept. 10 debate whether Trump is there or not.

Persons: Kamala Harris, Donald Trump, Harris, Michael Tyler, Trump, Tyler, Steven Cheung, Joe Biden, Biden, he's Organizations: ABC News, Trump, Fox News, Truth, Democratic, Fox, CNN, ABC

☆ Trump and Vance head to battleground Georgia looking to put recent struggles behind them
▼ + stars: | 2024-08-03 | by ( Arit John | ) edition.cnn.com time to read: +5 min

Trump and Vance will campaign in the same venue Saturday, but without the fundraising spike, increased momentum or improved chances of winning a crucial state. Biden became the first Democrat to win Georgia in nearly 30 years when he beat Trump by just under 12,000 votes in 2020. So, let’s talk about the issues.”South Carolina Sen. Lindsey Graham, a Trump ally, said the campaign should focus on drawing policy contrasts. “My problem with Vice President Harris is the policy choices she’s made.”Trump, however, is not shying away from the controversial and false claims about Harris’ heritage. A senior Trump campaign official told CNN that the campaign would not “shy away” from the former president’s comments.

Persons: Donald Trump, JD Vance, Joe Biden, Kamala Harris, she’d, Harris, Vance, Biden, Trump, Georgia’s, Brad Raffensperger, Nevada –, Black ”, Republicans –, “, Alaska Sen, Lisa Murkowski, CNN’s Manu Raju, “ You’ve, Carolina Sen, Lindsey Graham, she’s, ” Graham, ” Trump, ”, MAGA, – Vance, –, CNN’s Alayna, Manu Raju, Morgan Rimmer Organizations: CNN, Democratic, Georgia, University Convocation Center, White, Peach State, Trump, Democrat, Sun, Black, National Association of Black Journalists, Chicago, Republicans, Republican Locations: Georgia, Atlanta, Peach, North Carolina , Arizona, Nevada, Michigan , Pennsylvania, Wisconsin, Ohio, India, Jamaica, Alaska, ”, Carolina, Arizona

That level of intensity in a short period of time necessitated a crew of hardened professionals, several sources with knowledge of Harris' strategy said. Next week, a major campaign swing, then the convention and then it’s the debate,” one person with knowledge of Harris’ strategy said. Mitch Stewart will act as a senior adviser on battleground states, and Palmieri will serve as senior adviser to the second gentleman. “In Wisconsin, we have had more online volunteer sign-ups since July 21st than between January 1st and July 20th,” a Harris campaign aide said. “That’s a game-changer to a ground game in a small state like Nevada,” Molly Forgey, a Nevada Democratic strategist, said.

Persons: Kamala Harris ’, David Plouffe, Barack Obama’s, Stephanie Cutter, Jennifer Palmieri —, Harris, Joe Biden’s, Mike Donilon, Steve Ricchetti, Obama, Mitch Stewart, Palmieri, Brian Fallon —, ”, Pete Giangreco, Biden, Trump, “, Cutter, Jen O’Malley Dillon, Julie Rodriguez, “ Harris, Molly Forgey, Forgey, there’s, —, Chris Korge, he's Organizations: Democratic, White, Trump, “, Democratic National Committee, Democratic Congressional, Committee, ”, Nevada Democratic Locations: “, Arizona, Nevada, Wisconsin, “ In Wisconsin, Philadelphia, ” In Nevada

☆ How an Elon Musk-backed PAC is gathering data to boost Trump
▼ + stars: | 2024-08-02 | by ( Brian Schwartz | ) www.nbcnews.com time to read: +8 min

How do I start?”The ad then displays a website for a group called America PAC. “I have created a PAC, or a super PAC ... the America PAC,” Musk said in a recent interview. But what is unique about America PAC’s project is who is backing it and the timing of its creation. The America PAC raised over $8 million between April 1 and June 30, according to FEC records. He recently said on X that he is “making some donations to America PAC,” but did not say how much.

Persons: “, Donald Trump, Trump, they’ll, Elon Musk, Kamala Harris, ” Musk, Musk, ”, Brendan Fischer, Fischer, ” Fischer, Phil Cox, Generra Peck, Dave Rexrode, Doug Leone, Cameron, Tyler Winklevoss, Joe Lonsdale, Lonsdale, Harris, Daniel Weiner, Brennan, Matthew Baum, Baum, Weiner Organizations: Google, America PAC, Tesla, Republican, Democratic, Forbes, PAC, Facebook, YouTube, America, “ America PAC, Trump, The New York Times, FEC, Harvard Kennedy School Locations: Michigan, California, Wyoming, Pennsylvania, Georgia, Arizona , Michigan, North Carolina , Nevada , Pennsylvania, Wisconsin, America, Trump

Vice President Kamala Harris’ presidential campaign said it raked in a whopping $310 million in its July fundraising efforts — more than double the amount raised by former President Donald Trump last month. Harris’ fundraising numbers mark the latest sign of how transformative and energizing the change to the top of the Democratic ticket has been among grassroots and high-dollar supporters. A majority of that $310 million haul, more than $200 million, was raised in the first week of Harris’ candidacy, the campaign said in a statement, with two-thirds of the fundraising coming from first-time donors to the campaign. The campaign also said it has $377 million cash on hand, while the Trump campaign has $327 million cash on hand. Read more here.

Persons: Kamala Harris ’, Donald Trump, Harris, Harris ’, Trump, outraised, Read Organizations: Democratic

☆ JD Vance holds Silicon Valley fundraiser as tech leaders rally around Kamala Harris
▼ + stars: | 2024-08-02 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +1 min

Ohio Sen. JD Vance held a fundraising event in Palo Alto hosted by BitGo CEO Mike Belshe. Vance, a former VC, has the backing of influential tech execs, including Elon Musk. But many Silicon Valley figures are throwing their support behind Kamala Harris. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOhio Sen. JD Vance has been fundraising in Silicon Valley.

Persons: Ohio Sen, JD Vance, Mike Belshe, Vance, Elon Musk, Kamala Harris, —, Donald Trump's, Mike Belshe's Palo, Couples Organizations: Service, Ohio Locations: Ohio, Palo Alto, Silicon Valley, Vance

☆ Kamala Harris raised $310 million in July, dwarfing Trump haul for month
▼ + stars: | 2024-08-02 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

The presidential campaign of Vice President Kamala Harris said Friday that its political operation raised $310 million in July, dwarfing the tally raised for the Republican nominee Donald Trump in the same month. Harris' team raised the eye-popping sum between the campaign, the Democratic National Committee, and joint fundraising committees. Trump's team said its larger political organization, which includes the former president's campaign and joint fundraising committees, raised $138.7 million in July. Harris' massive fundraising haul underscores renewed enthusiasm from Democratic donors, some of whom were hesitant to open their checkbooks after Biden's disastrous debate performance against Trump in late June. "More than 3 million donors made over 4.2 million contributions – with more than 2 million donors making their first donation this cycle," the campaign said in a press release.

Persons: Kamala Harris, Donald Trump, Harris, Joe Biden, Trump's, Julie Chavez Rodriguez, tabling, Chavez Rodriguez Organizations: Democratic, Republican, Democratic National Committee, Democratic nominee's, Trump Locations: Atlanta , Georgia, DeKalb County, Pennsylvania, –

Officials quickly moved to tailor the Chicago convention to Harris with only four weeks, in part drawing from the 2008 convention when Barack Obama accepted the nomination given the historic candidacy of Harris herself. Nominee acceptance speeches for the convention, which begins the week of August 19, are currently scheduled for that Wednesday and Thursday night, according to convention officials. Hollywood gets on boardThe Hollywood community is clamoring to support Harris at the DNC, according to numerous agents, publicists and Democratic strategists who spoke to CNN. No performers have been set yet, though various representatives for musicians have been in talks with the Harris campaign, according to two sources. For instance, besides Megan Thee Stallion’s performance at her Atlanta rally earlier this week, Harris had the support of the rapper Quavo, who spoke about gun violence prevention.

Persons: Joe Biden, Kamala Harris, Harris, Barack Obama, “, Biden, “ I’m, ”, there’s, She’s, Megan Thee, Donald Trump, Matt Hill, Donald Trump’s, Biden —, —, Biden’s, Bill Clinton, Clinton, Al, Quavo, Kid, Hulk Hogan, Hillary, Hillary Clinton, they’re Organizations: CNN, Democratic National Convention, Trump, Democratic Party, Democratic, ” Democratic National, Hollywood, Atlanta, Black, DNC, Republicans Locations: Chicago, Atlanta, who’s, America, Al Gore

☆ VP hopefuls are clearing their schedules as Harris' search nears its end
▼ + stars: | 2024-08-02 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +3 min

Josh Shapiro of Pennsylvania, considered a frontrunner for the role of Harris' running mate, abruptly canceled a three-event fundraising event in the Hamptons, The New York Times reported. However, Beshear posted on X on Thursday that his father, former Kentucky Gov. pic.twitter.com/GMl611jC5h — Adam Wren (@adamwren) August 1, 2024The search for Harris' running mate is in its final days. The Harris campaign told Politico that Harris would stage her first rally with her running mate in Philadelphia on Tuesday. According to Politico, Harris is preparing for face-to-face interviews with her shortlist, marking the last stage of an expedited vetting process.

Persons: —, Kamala Harris, veepstakes, Josh Shapiro, Harris, Manuel Bonder, Shapiro, Shapiro's, Andy Beshear, timetabled, Jacqueline Coleman, Beshear's, Beshear, Steve Beshear, Pete Buttigieg, hasn't, Adam Wren, Pete Buttigieg truncating, GMl611jC5h, Gretchen Whitmer, Tim Walz, JB Pritzker, Arizona Sen, Mark Kelly Organizations: Service, Pennsylvania, Hamptons, The New York Times, Business, Times, Gov, Kentucky Gov, US Department of Transport, Politico, Reuters, NBC, Minnesota Gov, Illinois Gov Locations: Kentucky, Kokomo , Indiana, Indiana, Philadelphia, Illinois, Arizona

☆ Brat boost: 10 times more Gen Z donors contributed to Harris' campaign in July than Biden's in June
▼ + stars: | 2024-08-02 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +1 min

Kamala Harris raised $310 million in July and now has $377 million in her war chest. The campaign saw a huge surge of support among Gen Z and millennial donors. AdvertisementKamala Harris' campaign is seeing neon green, as it boasted eye-popping July fundraising numbers that were sparked in part by new enthusiasm among Gen Z and millennial donors. The campaign reported that 10 times more Gen Z donors and eight times more millennial donors contributed in July compared with June. Within one week of Biden dropping his reelection bid, the burgeoning Harris campaign raised more than $200 million.

Persons: Kamala Harris, Gen Z, Donald Trump, —, Harris, Biden Organizations: Service, Business

☆ How an Elon Musk PAC is using voter data to help Trump beat Harris in 2024 election
▼ + stars: | 2024-08-02 | by ( Brian Schwartz | ) www.cnbc.com time to read: +7 min

The ad then displays a website for a group called America PAC. "I have created a PAC, or a super PAC ... the America PAC," Musk said in a recent interview. But what is unique about America PAC's project is who is backing it and the timing of its creation. He recently said on X that he is "making some donations to America PAC," but did not say how much. Musk on X mirrors Musk PAC

Persons: Elon Musk, The Beverly Hilton, David Swanson, Donald Trump, Trump, they'll, Kamala Harris, Musk, Brendan Fischer, Fischer, Phil Cox, Generra Peck, Dave Rexrode, Doug Leone, Cameron, Tyler Winklevoss, Joe Lonsdale, Lonsdale Organizations: SpaceX, Tesla, The Beverly, Reuters, Google, America PAC, Republican, Democratic, Forbes, PAC, Facebook, YouTube, America, Trump, The New York Times, FEC Locations: Beverly Hills , California, U.S, Michigan, California, Wyoming, Pennsylvania, Georgia, Arizona , Michigan, North Carolina , Nevada , Pennsylvania, Wisconsin

☆ Kamala Harris has earned enough votes to win the Democratic presidential nomination, party chair announces
▼ + stars: | 2024-08-02 | by ( Ethan Cohen | Arit John | ) edition.cnn.com time to read: +3 min

CNN —Vice President Kamala Harris has won enough votes from Democratic delegates to win the party’s nomination for president, Democratic National Committee Chair Jaime Harrison announced Friday. Delegates began casting virtual ballots for the nomination Thursday, a process that will continue until Monday evening. “I am honored to be the presumptive Democratic nominee for president of the United States,” said Harris, who joined the virtual event. It’s been clear since shortly after President Joe Biden ended his reelection campaign and endorsed Harris that the vice president would be the only serious candidate for the nomination. Though voting for the Democratic nomination began and will possibly conclude before Harris announces her running mate, party rules don’t require a separate vote to confirm the nominee for vice president.

Persons: Kamala Harris, Jaime Harrison, Harris, “, ”, It’s, Joe Biden, Biden, Donald Trump’s, Tim Walz, Josh Shapiro, Arizona Sen, Mark Kelly, Andy Beshear, Pete Buttigieg, JB Pritzker, Samantha Waldenberg, Jamie Gangel Organizations: CNN, Democratic, Republican, Minnesota Gov, Kentucky Gov, Illinois Gov Locations: American, United States, Chicago, Iowa, Pennsylvania, Arizona, Kentucky, Philadelphia

☆ Pete Buttigieg: How his 2020 campaign built the base driving his VP buzz
▼ + stars: | 2024-08-02 | by ( Arit John | ) edition.cnn.com time to read: +8 min

Buttigieg isn’t the only politician to exit a Democratic presidential primary with an enduring army of online super fans. “Team Pete” didn’t disappear, but the “veepstakes” reactivated his supporters, said Mike Schmuhl, Buttigieg’s 2020 campaign manager. This week, though, he joined the list of vice presidential hopefuls to cancel a planned event with limited explanation. They reject the idea that America isn’t ready for a major-party ticket featuring both a Black woman and the first out gay vice presidential pick. “I definitely think in my lifetime he will be on a ticket,” said Brandon Neal, a Democratic strategist and senior adviser to the 2020 campaign.

Persons: Pete Buttigieg, “, ”, Kamala Harris, George Hornedo, “ They’ve, they’ve, Pete’s, ” Buttigieg, Harris, Buttigieg’s, Buttigieg, Independent Sen, Bernie Sanders, Andrew Yang’s “ Yang, ” Harris, hyping, Pete ” didn’t, Mike Schmuhl, “ Joe Biden, it’s, Pete, Kamala Harris ”, Joseph Guarino, Pete ”, ” Guarino, Josh Shapiro, Arizona Sen, Mark Kelly, Tim Walz, Pat Ryan, ” Ryan, Biden, He’s, Harris ’, Donald, Trump, MAGA, President Harris, Shapiro, he’s, he’d, Don Beyer, ” Nina Smith, ” Smith, there’s, Brandon Neal, Jamie Gangel, Ali Main Organizations: CNN, Democratic, Fox News, Independent, “, Democratic Party, Pennsylvania Gov, Minnesota Gov, Department of Transportation, New York Democrat, House Democrats, Indiana, Virginia Rep Locations: South Bend , Indiana, Iowa, New Hampshire, New York City, Philadelphia, Arizona, Kokomo , Indiana, America, New York, Michigan

☆ Why CTOs have the biggest job on Wall Street right now. Tech leaders from Goldman and Citadel open up about how the job is evolving in the age of AI.
▼ + stars: | 2024-08-02 | by ( Bianca Chan | ) www.businessinsider.com time to read: +8 min

"The most powerful part of the AI story thus far is the chief technology officer, chief information officer," Griffin said at the Milken Global Institute. At the most profitable hedge fund of all time, that person is Umesh Subramanian, Citadel's chief technology officer. But in the age of generative AI, the role of the CTO has evolved into something that reaches far beyond the back office. Nearly two years after OpenAI introduced ChatGPT, finance firms are still trying to figure out the best ways to leverage generative AI for their own businesses and workers. Related stories"The level of investment right now in AI, trickling down the whole value chain, is no longer only a technology investment," Argenti said.

Persons: —, Ken Griffin, Griffin, They've, Subramanian, OpenAI, it's, Andrew Chin, AllianceBernstein, Goldman Sachs, Marco Argenti, Chin, Wells, Bridget Engle, Engle, Keri Smith, Argenti, Citadel's Subramanian, Wall, Accenture's Smith, AllianceBernstein's Chin, Goldman's Argenti Organizations: Service, Citadel, Milken Global Institute, Business, BNY Mellon, Goldman, Amazon Web Services, Management, Accenture, Tech, Wall Locations: Wall

☆ Trump's bitcoin strategy was shared behind closed doors with CEOs who raised $25 million. Here's what he told them.
▼ + stars: | 2024-08-01 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +15 min

Bitcoin 2024 attendee wears "Make Bitcoin Great Again" baseball cap. Trump said on Saturday that his campaign has raised $25 million from the crypto industry since it began accepting cryptocurrency donations in May. "Make Bitcoin Great Again" hats displayed for sale at the Bitcoin 2024 conference in Nashville, Tennessee, US, on Saturday, July 27, 2024. "The rules will be written by people who love your industry, not hate your industry," Trump declared that afternoon in the main auditorium as he warmed up the crowd. As Riot's Les put it, "I think the core message that we communicated to President Trump was, 'This is your industry leadership group.

Persons: Donald Trump, Jon Cherry, Donald Trump White, Tyler, Cameron Winklevoss, Paul Grewal —, David Sacks, Cantor Fitzgerald, Howard Lutnick, Cynthia Lummis, Bill Hagerty, Marsha Blackburn, Vivek Ramaswamy —, Kid Rock, Billy Ray Cyrus, Jason Les, Fred Thiel, Zach Bradford, Chris Cook, Amanda Fabiano, Michael Saylor wasn't, Saylor, Trump, That's, Donald Trump's, Les, he's, litigator, Tracy Hoyos, Cyrus strummed, " Hoyos, López, Hoyos, Cyrus, López Trump, Marathon's Thiel, Thiel, David Bailey, Bailey, Sen, Elizabeth Warren, Gary Gensler —, Kamala Harris, Cook, Saturday's, CleanSpark's Bradford, Riot's Les, indoctrinating, Bradford, they've, It's, we're Organizations: Republican, Getty, Music City Center, GOP, Gemini, Trump, U.S ., State Department, Marathon Digital Holdings, CNBC, Music City, Riot, Attorney, Bitcoin, BTC Inc, U.S . Securities, Exchange, US, Bloomberg, indoctrinating Trump, Industry, Mar Locations: Nashville , Tennessee, San Francisco, Nashville, Mar, Lago, U.S, San Bernardino County, López

☆ Here's a non-exhaustive list of some things JD Vance said that have aged poorly
▼ + stars: | 2024-08-01 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +5 min

Read previewSen. JD Vance of Ohio said several inflammatory things in the past, and some of it's coming back to haunt him. AdvertisementOn a Fox News "Outnumbered" episode from 2021, Vance said that the media had turned the news of Biles quitting the Olympic team "into this act of heroism." Remember when JD Vance called Simone Biles weak when she withdrew from the Tokyo Olympics? JD Vance says women who haven’t given birth like Kamala Harris are “childless cat ladies who are miserable at their own lives,” and have “no direct stake” in America. Representatives for Vance did not immediately respond to a request for comment from Business Insider sent outside regular business hours.

Persons: —, Sen, JD Vance, Ohio, Vance, Donald Trump, Simone Biles, Biles, WRClQiRe7k — Alex Cole, @acnewsitics, Kamala Harris, they've, 3DJY3pQTGe, Ron Filipkowski, Harris, Pete Buttigieg, Alexandria Ocasio, Cortez, — Harris, Doug Emhoff, Preet Bharara, It's, Buttigieg, Chasten —, Jon Stewart, Nancy Pelosi's, Christine Pelosi, Nikki Fried, Trump, ”, dcLZ2wNxyd — Kamala, sociopaths Organizations: Service, Business, Tokyo, Fox News, Democratic, Fox, Transportation, US, The Daily, Florida Democratic Party, Representatives, Business Insider Locations: America, Alexandria, Afghanistan, —

☆ Trump’s political operation says it raised nearly $139 million in July
▼ + stars: | 2024-08-01 | by ( Fredreka Schouten | Kate Sullivan | ) edition.cnn.com time to read: +1 min

CNN —Donald Trump’s campaign said Thursday that its political operation raised $138.7 million in July for the former president’s election effort – and amassed $327 million in cash reserves for the roughly three-month sprint to the election. Trump’s total represents a jump from June, when the former president’s campaign and aligned committees reported bringing in nearly $112 million. But the July total was dwarfed by the fundraising haul of his newly minted Democratic rival, Vice President Kamala Harris, whose campaign said it raked in a whopping $310 million in its July fundraising efforts. In a short statement, the Trump campaign said that the total reflected “continued momentum with donors” and that the large stockpile of campaign dollars ensures Trump would have the resources to prevail on Election Day. Presidential campaigns will file the full details of their July fundraising and spending later this month.

Persons: Donald Trump’s, –, Kamala Harris, Joe Biden, Harris, Trump Organizations: CNN, Democratic, White, Trump

☆ JD Vance's pro-natalist comments are older than his political career
▼ + stars: | 2024-08-01 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +8 min

Vance's campaign has been careful to point out that his comments about childless adults are aimed Democratic leaders. Advertisement"You go on Twitter and almost always the people who are most deranged and most psychotic are people who don't have kids," Vance said. AdvertisementJust two days later, Vance went on "Tucker Carlson Tonight" and made the comment about "childless cat ladies." Rather than walk back his comments, Vance attempted to profit off of them. Unknowingly addressing his future political opponent, Vance said, "If you want to brainwash children, have your own kids to brainwash."

Persons: —, JD Vance, — he's, Trumper, MAGA, Vance didn't, Vance, dotting, he's, Taylor Van Kirk, Tucker Carlson, We've, sociopaths, they're, Breitbart, Kamala Harrises, Megyn Kelly, Kamala Harris, hasn't Organizations: Service, Democratic, American Conservative, Business, Twitter, Senate, Washington Post, FOX, Intercollegiate Studies Institute, Breitbart News, Yale Law School, CNN Locations: millennials

☆ Hedge funds are dusting off an old strategy to help reverse a fundraising slump, but it comes with a risk
▼ + stars: | 2024-08-01 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, hedge funds are dusting off an old strategy that's a unique twist on passive investing . And with the fundraising environment for hedge funds looking bleak , they'll take any help they can get. AdvertisementBut with portable alpha, hedge funds are tying themselves to something they've pledged they are better than. What happens if the hedge fund's portion of the portable alpha strategy is what pulls returns down? With competition from venture capital and private equity, hedge funds can't afford to turn their nose up at anything.

Persons: —, Tyler Le, Alex Morrell, It's, Jenny Chang, Rodriguez, Philippe, hasn't, they've, it's, duMond, Chip Somodevilla, Alyssa Powell, Harris, Jerome Powell, Powell, Tetiana Lazunova, Meta, it'll, Linda Yaccarino, Elon Musk, Kamala Harris, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Business, Trump, DWS Group, BI, Nvidia, Twitter, Apple, Amazon, Barclays, Shell, Democratic National Committee Locations: Hollywood, London, Milan, Dubai, New York

☆ To woo investors, hedge funds are reviving a strategy left for dead post-crisis — supercharged index investing
▼ + stars: | 2024-08-01 | by ( Alex Morrell | ) www.businessinsider.com time to read: +12 min

Read previewFaced with higher rates and a daunting fundraising climate, hedge funds are wooing investors with a seemingly antithetical pitch: index investing with a twist. Hedge fund industry insiders are abuzz right now about "portable alpha," a blast-from-the-past strategy that's undergoing a revival. According to the Morgan Stanley white paper, it can take on a variety of forms, including "dedicated portable alpha funds, portable alpha share classes, portable alpha feeder funds and other solutions." Advertisement"It's a nice way of smuggling hedge funds into your portfolio if you're an allocator," said Jon Caplis, CEO of hedge fund research firm PivotalPath. He said much of the industry still hasn't woken up to the appetite for portable alpha solutions and the potential boon to hedge funds.

Persons: —, punchier, Kim Shaw, Morgan Stanley, There's, Shaw, Penny Novick, Morgan, Novick, Bill Gross, Myron Scholes, PIMCO's, Roark Stahler, Jon Caplis, Russell, PIMCO, Sabrina Callin, Brian Payne, Payne, Caplis, hasn't Organizations: Service, Trading, Business, Man, CME Group, BlackRock, Barclays, Russell Investments, Institutional, State, Investor, BCA Research, Teachers, Investors Locations: Winton, American, Illinois

Former President Donald Trump and Vice President Kamala Harris each unleashed a new wave of television ads Tuesday as they race to secure an advantage in a presidential campaign dramatically altered in recent weeks. In its first major ad blitz targeting Harris, the Trump campaign is zeroing in on her immigration record in ads running across several key battleground states. It’s a sign that the former president has settled on a longstanding GOP line of attack against the vice president, after grappling with the abrupt change atop the Democratic ticket. Trump, in two new campaign ads, seeks to define Harris on his terms by relying on what has been a political liability for the Biden administration: the management of the US-Mexico border. In response, Harris campaign spokesperson Ammar Moussa said Trump is “running on his trademark lies” and said the former president opposed a congressional border deal that would have helped with enforcement.

Persons: Donald Trump, Kamala Harris, Harris, Trump, ”, Joe Biden’s, Biden, Ammar Moussa Organizations: Democratic, California –, Convention, Trump, Wisconsin – Locations: Bay, California, Mexico, Arizona, Georgia, Michigan, Nevada , Pennsylvania, Wisconsin, AdImpact

☆ U.S. Olympic and Paralympic Foundation president Christine Walshe on Team USA funding goals
▼ + stars: | 2024-07-31 | 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 EmailU.S. Olympic and Paralympic Foundation president Christine Walshe on Team USA funding goalsChristine Walshe, U.S. Olympic and Paralympic Foundation president, joins 'Squawk Box' to discuss the funding behind U.S. Olympic and Paralympic teams, the foundation's fundraising campaign, and more.

Persons: Christine Walshe Organizations: U.S, Olympic, Paralympic Foundation, Team USA, Paralympic Locations: U.S

☆ Kamala Harris’ coalition takes shape with ‘new energy’ from fraying Biden alliance
▼ + stars: | 2024-07-31 | by ( Jeff Zeleny | Eric Bradner | ) edition.cnn.com time to read: +9 min

There’s a new energy that we didn’t have previously,” said Dean, who owns a coffee shop in northwest Detroit. “It’s not just we have an opportunity to make history,” said Dean, who also leads the Michigan Black Business Alliance. “This is America’s border czar – and she’s failed us,” a narrator says over video of Harris dancing at an event. The narrator describes the vice president as “Failed. “How are you feeling about the switch from Biden to Harris?” Stevens asked.

Persons: Dean, Joe Biden, Donald Trump, Kamala Harris, “, ”, Harris, “ It’s, ’, Charles Williams, Joe Biden’s, ” Williams, Biden, –, she’s, ” Trump, Trump, That’s, Rosa, Harris ’, we’ve, ” Dean, “ I’ve, Anna Moneymaker, “ Uncommitted ”, Biden –, Abdullah Hammoud, “ Wth, Hammoud, Benjamin Netanyahu, ‘, Haley Stevens, ” Stevens, Stevens, Reuben Maxbauer, I’m, There’s Organizations: Detroit CNN, Democratic, Biden, Trump, Harris, Michigan Black Business Alliance, Historic King Solomon Baptist Church, “, Democratic National Convention, Liberal, Michigan, Electoral, Michigan Democrats, Dearborn, CNN, Israeli, Trump . Make, Democrats Locations: Detroit, Michigan, Chicago, Central America, Pennsylvania, Wisconsin, Arizona , Nevada , North Carolina, Georgia, Grand Rapids , Michigan, Dearborn, Israel, Gaza, Oakland County

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