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Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Disney on radar: Shares of Club name Disney dropped 3% on Friday, breaching the $100 level that Jim Cramer has in recent weeks identified as a favorable price to buy more stock. Solar praise: Analysts at Susquehanna offered upbeat commentary Friday on our newest stock: Nextracker , which joined the portfolio a day earlier . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Disney Cruise Line's Disney Dream is seen docked in Port Canaveral, Florida, on July 30, 2021.
Persons: Jim Cramer, Dow, Jim, Jim's, Donald Trump's, Trump, Cramer, Jerome Powell, he's, Powell, Joe Biden, Morgan Stanley, Jim Cramer's, Joe Burbank, Mark Gauert Organizations: CNBC, ., Federal, Nasdaq, Dow Jones, Nike, Dow, Nvidia, Apple, Broadcom, Disney, House, Trump, Susquehanna, Microsoft, Jim Cramer's Charitable, Disney Cruise, Orlando Sentinel, Tribune, Service, Getty, Sun Sentinel Locations: U.S, Nextracker, Wells Fargo, Port Canaveral , Florida
Fact checking the CNN presidential debate
  + stars: | 2024-06-27 | by ( Cnn Staff | ) edition.cnn.com   time to read: +69 min
CNN —President Joe Biden and former President Donald Trump faced off during CNN’s presidential debate in Atlanta Thursday night. From CNN’s Daniel DaleFormer President Donald Trump and President Joe Biden debate at CNN's Atlanta studios on June 27, 2024. From CNN’s Daniel Dale and Ella NilsenFormer President Donald Trump, left, and President Joe Biden take part in the CNN presidential debate on Thursday, June 27. From CNN’s Alicia WallaceFormer President Donald Trump and President Joe Biden debate at CNN's Atlanta studios on June 27, 2024. Kpler found that China imported about 511,000 barrels per day of Iranian crude in December 2020, Trump’s last full month in office.
Persons: Joe Biden, Donald Trump, Biden, Trump “, , ” Trump, , Trump, ” John Kelly, servicemembers, Kelly, Jim Sciutto, Daniel Dale, Kaanita Iyer, Roe, Wade, That’s, Wade ”, Kimberly Mutcherson, “ Donald Trump’s, Maya Manian, Trump’s, Mary Ziegler, Davis, Ziegler, Ruth Bader Ginsburg, Roe should’ve, , Will Lanzoni, ” Biden, corpsman —, Hamid Karzai, CNN’s Haley Britzky, didn’t, Priscilla Alvarez, George Floyd, Tim Walz, Walz, Paul –, CNN’s Holmes Lybrand, Daniel Dale FACT, European Union won’t, Ella Nilsen, Jill Biden, Jake Tapper, Dana Bash, Adam Rose, CNN US Sen, Marco Rubio, CNN Trump, Austin Steele, CNN Biden, Tristen Rouse, CNN Tapper, Robert F, Kennedy Jr, Kennedy, CNN MJ Lee, Mandel Ngan, Megan Varner, Reuters Kennedy, Burk Stringfellow, Iran “, Mike Pompeo, ” Pompeo, Tami Luhby Trump, CNN’s KFILE, weren’t, Hillary Clinton, affirmatively, it’s, what’s, , Alicia Wallace, Obama, CNN’s Ella Nilsen, you’re, Biden’s, Hunter Biden, Joe Biden’s, Viktor Shokin, Shokin, CNN’s Marshall Cohen, “ It’s, Rick Muskat, CNN.So, Morgan, Katie Lobosco, Alvin Bragg’s, Bragg, Jack Smith, Smith, General Merrick Garland, Garland, Matthew Colangelo, Colangelo, I’ve, there’s, Iran haven’t, ” Matt Smith, Ali Vaez, Kpler, Gary Engelhardt, Jason Richwine, ” Richwine, Tami Luhby, Confederate, Robert E, Lee, marchthat, “ I’m, Elle Reeve, Ralph Northam, Jen Christensen, ” Trump’s, Ronald Reagan’s, Barack Obama, George W, , ’ ” Trump, CNN’s Jen Christensen, Pelosi, Nancy Pelosi, “ Nancy Pelosi, , Alexandra Pelosi, Aaron Bennett, Cherry, Christopher Miller, Miller, Charis Kubrin, CNN’s Catherine Shoichet, ” Kubrin’s, Graham Ousey, College of William & Mary, Erwan, George Washington, Marshall Cohen, ” Howard Gleckman, Gleckman, Emmanuel Saez, Gabriel Zucman “, Howard Gleckman, ” Gleckman Organizations: CNN, Trump, Homeland Security, SSRS, Marquette Law School, NBC, Gallup, ” Rutgers Law, American University, university’s Health, University of California, Atlanta, US Navy, Border Patrol, Border Patrol Council, National Guard, Minneapolis Former, Minnesota Democratic Gov, Minnesota National Guard, Guard, EU, European Union, US, European Automobile Manufacturers ’ Association, CNN US, Biden, House, CNN Biden's, CNN Biden, White House, Getty, Reuters, State, Medicare, Black, of Labor Statistics, Republican, Burisma Holdings, International Monetary Fund, Republicans, House Republicans, US International Trade Commission, US Customs, Deer Stags, Peterson Institute for International Economics, Justice Department, DOJ, DC, federal, Department, Democrat, Americas, Crisis, Social Security, Social, General Internal Medicine, , Syracuse University, Center for Immigration Studies, Electoral, White, Nazi, US Centers for Disease Control, Former Virginia Gov, United, China Former, China, Hamas, ISIS, Trump’s, Democratic, Congressional, Capitol, Colorado Supreme Court, US Food, Guttmacher Institute, California Democrat, Capitol Police Board, Senate, District of Columbia National Guard, College of William &, NATO, Atlantic Treaty Organization, George Washington University’s Elliott School of International Affairs, Transatlantic, Urban, Brookings Tax, Urban Institute, , Tax, Center Locations: Atlanta, France, Afghanistan, Kabul, Jordan, Iran, Somalia, Yemen, Yakushima Island, Japan, Minneapolis, Portland, Minnesota , Minneapolis, St, EU, Georgia, CNN's, Washington ,, AFP, Lebanon, Israel, what’s, Paris, China, India, Russia, United States, Ukrainian, Ukraine, lockstep, American, Manhattan, New York , Georgia, Florida, Washington, New York, York’s, Mexico, Kpler, Malaysia, Charlottesville, Charlottesville , Virginia, White, Virginia, Northam, East, , New York City, Saudi, al Qaeda, Texas, Colorado, California, Trump, Irvine, Germany, Berkeley
A Debate Cheat Sheet for Business
  + stars: | 2024-06-27 | by ( Andrew Ross Sorkin | Ravi Mattu | Bernhard Warner | ) www.nytimes.com   time to read: +3 min
Talking pointsAll eyes will be on CNN at 9 p.m. Eastern, when President Biden and Donald Trump face off in their first debate since 2020. Among the keenest watchers will be executives and investors looking for signs about how the candidates might handle the economy and business in a second term. There will be plenty to scrutinize in the 90-minute, audience-free debate, including what the candidates say and how they say it. What will Biden and Trump say about some of the key issues? In Thursday night’s debate, “markets probably care more about presentation than policy pledges,” Paul Donovan, an economist at UBS, wrote in a client note.
Persons: Biden, Donald Trump, Trump, ” David Bahnsen, DealBook, ” Paul Donovan, Elon Musk, There’s, J.D, Vance of, Doug Burgum, Marco Rubio Organizations: CNN, Bahnsen, UBS, Biden, Trump, Times, Gov Locations: Atlanta, Vance of Ohio, North Dakota, Marco Rubio of Florida
The technology to store renewable energy for long periods hasn’t quite been mastered, either. The interconnector would send renewable energy both east and west, taking advantage of the sun’s diurnal journey across the sky. The transatlantic interconnector is still a proposal, but networks of green energy cables are starting to sprawl across the world’s sea beds. They are fast becoming part of a global climate solution, transmitting large amounts of renewable energy to countries struggling to make the green transition alone. Not all of them carry renewable power exclusively — that’s sometimes determined by what makes up each country’s energy grid — but new ones are typically being built for a green energy future.
Persons: there’s, , Simon Ludlam, “ We’ve, we’ve, Fadel Senna, Paul Ellis, Biden, Laurent Segalen, Energy’s Ludlam, , you’ve, you’re, Trump, Dmitry Peskov, George Dyson, Dyson, Morten Kruger, Frank Schneider, Alberto Rizzi, ” Rizzi Organizations: London CNN, Etchea Energy, Getty, Burbo, Sun Cable, Initiative, NATO, European Council, Foreign Relations, United, European Union Locations: New York, California, Britain, Europe, North America, Canada, France, East Coast, United States, Paris, Belgium, Norway, Netherlands, Denmark, Morocco, Moroccan, Ouarzazate, AFP, English, New Brighton, Australia, Singapore, India, Saudi Arabia, Asia, East, Beijing, London, Russia, China, Germany, Ukraine, Finland, Sweden, Baltic, Western Europe, North, Russian, Aqaba, Jordan, Taba, Egypt, Red, America, EU
“He wants the credit, but it’s not working,” one top Democrat, who recently shared these concerns with the campaign, said of Biden. Biden and Trump square off in the first presidential debate at 9 p.m. As a result, the economy has become both the biggest priority for voters and their biggest frustration with the incumbent president. You want people to know you’re doing a really good job,” one major donor told CNN. “I think Biden can’t help but talk about what a good job he’s done.”CNN’s MJ Lee contributed to this report.
Persons: Joe Biden’s, Donald Trump, , it’s, Biden, they’ve, Biden’s, Ron Klain, Klain, That’s, Racine , Wisconsin –, Trump, – Biden, “ We’ve, ” Biden, CNN’s Erin Burnett, Bidenomics ”, “ Donald Trump, Joe Biden, he’s, Snickers, CNN’s MJ Lee Organizations: Washington CNN, White, America, Trump, CNN, Federal Reserve, ABC, Biden, Biden White House Locations: Racine , Wisconsin
A return to the roots of presidential debates
  + stars: | 2024-06-24 | by ( Zachary B. Wolf | ) edition.cnn.com   time to read: +10 min
CNN —CNN’s presidential debate will feel like something new for most Americans, but it is actually a return to the roots of presidential debates. J. David Ake/AFP/Getty Images Monica Moorehead, a presidential candidate from the Workers World Party, disrupts a presidential debate in Washington, DC, in 1996. Gerald Herbert/AP Barack Obama, right, and John McCain shake hands at the start of a presidential debate in 2008. Joseph Kaczmarek/AP Obama hugs his wife, Michelle, as Romney kisses his wife, Ann, after their third presidential debate in 2012. Ultimately, the commission was formed to create a nonpartisan framework for presidential debates – something that has been exported to other countries.
Persons: CNN —, Joe Biden, Donald Trump, Jake Tapper, Dana Bash, Sen, John F, Kennedy, Richard Nixon, Nixon, Howard K, Smith, Jimmy Carter, Gerald Ford, Carter, Jerry Mosey, Betty, David Hume Kennerly, John B, Ronald Reagan, Anderson, AP Carter, Reagan, Walter Mondale, George H.W, Bush, Michael Dukakis, Dennis Cook, Ross Perot, Bill Clinton, Clinton, Ron Edmonds, AP Clinton, Bob Dole, J, David Ake, Monica Moorehead, Joe Marquette, Mark Penn, Lorenzo Alvarez, Angelica, George W, Al Gore, Joe Raedle, Jim Lehrer, Gore, John Kerry, Gerald Herbert, Barack Obama, John McCain, Charles Dharapak, Obama, Mary Jackson's, Mitt Romney, Joseph Kaczmarek, Michelle, Romney, Ann, David Goldman, Hillary Clinton, Patrick Semansky, Salwan Georges, Biden, Chip Somodevilla, Alan Schroeder, ” Kennedy, Schroeder, , Ford, John Anderson, sidestep, Trump, ” Schroeder, Abraham Lincoln, Stephen Douglas, Douglas, Read, haven’t, “ They’re, Organizations: CNN, Commission, CNN’s Atlanta, CBS, Getty, State University of New, Ford, Anderson, Cleveland Convention Center, AP, Music, Bettmann, Bushnell, Theater, Workers World Party, AP Workers, Hofstra University, AP Trump, Washington Post, Trump, Northeastern University, House, Republican, Republican National Convention, Biden, Lincoln, White, Illinois Senate, ABC News Locations: Los Angeles, New York, State University of New York, Albany, Cleveland, Hartford , Connecticut, Washington , DC, San Diego, El Paso , Texas, Hempstead , New York, Detroit, Soviet Union, Eastern Europe, Lincoln, Illinois
Through advertising, campaign events and news conferences, Democrats are fanning out across the country, working to remind voters that it was justices nominated by Mr. Trump who helped overturn Roe v. Wade. “Donald Trump is the sole person responsible for this nightmare,” President Biden said in a statement on Monday. “Fundamentally on this issue, it’s about freedom,” Vice President Kamala Harris said in an MSNBC interview that is set to run in full on Monday. He has also said he believes abortion policy should be left to the states, disappointing some on the right. Many of these issues are likely to come up at their debate on Thursday, the first of the general-election campaign.
Persons: Roe, Wade, Donald J, Trump, “ Donald Trump, , Biden, Kamala, Kamala Harris, , Donald Trump, Doug Emhoff, Tim Walz, Minnesota, Mr, Wade —, ” Karoline Leavitt, ” Robert Blizzard, Republican pollster Organizations: Mr, Republican Party, MSNBC, Biden surrogates, , Democratic Governors Association, Trump “, Democrats, Republicans, , Republican Locations: College Park, Md, Phoenix, Flint, Clawson, Mich
And what everyone sort of expected to happen seems to be roughly what’s happening, which is that the populist right has consolidated a lot of support. So that’s sort of three-dimensional chess of one sort. That gets at the definition of populism, right? michelle cottleYeah, so but that kind of then lends itself to a backlash when you feel like things aren’t going right. carlos lozadaWell, I mean —ross douthatI think that’s all sincere.
Persons: lydia polgreen Ross, carlos lozada, lydia polgreen, michelle cottle, carlos lozada That’s, lydia polgreen That’s, Lydia Polgreen, michelle cottle I’m Michelle Cottle, ross douthat I’m Ross Douthat, carlos lozada I’m Carlos Lozada, We’ve, Ross, michelle cottle Woo, — ross douthat, lydia polgreen —, I’m, ross, — michelle cottle, ross douthat —, ross douthat, Emmanuel Macron, Macron, Silvio Berlusconi, Giorgia, Meloni, Brexit, It’s, populists, , Lozada, it’s, don’t, we’ll, that’s, we’ve, JD Vance, He’s, — carlos lozada, polgreen, Trumpist, who’s, Vance, we’re, Trump, — michelle cottle Woo, carlos lozada —, , decries, — ross, won’t, carlos lozada Well, carlos lozada Don’t, Don’t, it’s — michelle cottle, I’ve, Trumpism, Donald Trump, michelle cottle Huey Long, Carlos, William Jennings Bryan, Michelle, Huey Long, George Wallace, Ross Perot, Pat Buchanan, Bernie Sanders, you’ve, Charles Coughlin, Richard Nixon, Ronald Reagan, Biden, unquote, nobody’s, he’s, JD Vance don’t, Robert Penn, Warren, Long, lydia polgreen Wow, ross douthat — Carlos Lozada, George Packer, lydia polgreen Go, carlos lozada Oh, that’s — carlos lozada —, lydia polgreen We’ll, carlos lozada It’s, lydia polgreen It’s Organizations: “ New York, Trump, Tories, National Health Service, Republican, Social Security, Republican Party, Chamber of Commerce, “ Times, Aspen Ideas, Nebraska Democrat, Tea Party, Occupy, Belt, Star Locations: , Europe, France, United States, Italy, United Kingdom, South, British, Ohio, Middletown , Ohio, America, Sun Valley, Middletown, Louisiana, Alabama, China, Connecticut, Belt America, Florida , Texas, California, American, Texas, Mexico, Arizona
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUBS GWM CIO breaks down the potential impact of the U.S. presidential electionMark Haefele of UBS Global Wealth Management says a second Trump presidency will benefit some bank and commodity stocks, but be "less good" for consumer staples and renewables stocks.
Persons: Mark Haefele, Trump Organizations: UBS, U.S, UBS Global Wealth Management
Hardware is Wall Street's new favorite bet
  + stars: | 2024-06-17 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at the Apple-Google partnership that shows why hardware has become Wall Street's new favorite bet . The big storyHardware is hotGetty Images; Chelsea Jia Feng/BISoftware may still eat the world, but only with the help of some serious hardware. But generative AI has put a considerable spotlight on a less sexy part of tech: hardware. That's playing out in the stock market, where hardware tech stocks have outperformed software tech stocks by 30 percentage points this year , writes BI's Matthew Fox.
Persons: , Chelsea Jia Feng, Marc Andreessen's, Hugh Langley, That's, BI's Matthew Fox, it's, Steve Schwarzman, Jon Gray, Brian Ach, Tyler Le, Andy Sieg, Merrill Wealth, Dan Sundheim, Chris Tuite, Trump, Elon Musk, hasn't, Jimmy Simpson, they're, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith, Amanda Yen Organizations: Service, Elon, Apple, Business, Apple Intelligence, OpenAI, Google, Microsoft, Amazon, Oracle, Street, Nvidia, Broadcom, Blackstone, Merrill, D1 Capital, YouTube, Netflix, BI, Cannes Lions, advertising's Locations: That's, New York, London
NATO Secretary-General Jens Stoltenberg is visiting Washington and meeting with Biden ahead of the city’s hosting of the alliance’s annual summit, set to take place in July. “Just five years ago, there was still less than 10 allies that spent 2% of GDP on defense,” Stoltenberg said during remarks at The Wilson Center in Washington. “I can only now reveal that this year, more than 20 allies will spend at least 2% of GDP on defense.”“This is good for Europe,” he added. Several NATO member countries that either border Russia or are nearby have hiked their defense spending since 2022. Biden has heralded NATO as the “greatest defense alliance in the history of the world,” and the alliance has expanded by two member countries since he became president.
Persons: Joe Biden’s, Jens Stoltenberg, Biden, , ” Stoltenberg, , Donald Trump, “ I’ve, they’re, we’re, ” Trump, Trump, Organizations: Washington CNN, NATO, Wilson Center, America, Trump, CNN, White Locations: United States, Washington, Europe, Russia, Ukraine, Wales, Crimea, Finland, Sweden
Watch: Michigan Democrats fight against a Trump presidency
  + stars: | 2024-06-17 | by ( Zoe Todd | ) edition.cnn.com   time to read: 1 min
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Opinion: Don’t focus on bracing for a Trump win
  + stars: | 2024-06-17 | by ( Dean Obeidallah | ) edition.cnn.com   time to read: +6 min
The article also cited an organization that is preemptively hiring a new auditor in case Trump were to direct the Internal Revenue Service to target the group during a second term. Trump is telling anyone who will listen what his dark goals are for a second term — from mass deportations to the construction of expansive detention camps for migrants to expanding his presidential power. Even the strategy detailed in Sunday’s New York Times article, which included using the courts to slow down a second-term Trump agenda, is far less likely to be successful this time. One reason for this is that in his first term, Trump was able to confirm more than 200 federal judges including three US Supreme Court justices that he personally appointed. That is why second-term resistance strategies only divert resources from the more pressing imperative at hand: keeping Trump from winning a second term.
Persons: Dean Obeidallah, Trump, ” Dean Obeidallah, Jay Inslee’s, Donald Trump, , There’s, , , scoundrels, I’m, stymie Trump’s, Aileen Cannon, Arizona Sen, John McCain, Dan Newhouse, David Valadao of, Mitt Romney, Trump’s, Mitch McConnell — Organizations: CNN, The New York Times, Democratic, ” Dean Obeidallah CNN, Washington Gov, Trump, Internal Revenue Service, Conservative Political, Republicans, Sunday’s New York Times, GOP, MAGA Republicans, Senate, Twitter, Washington Locations: ” America, , Wisconsin, American, Sunday’s, Arizona, David Valadao of California
Opponents of Donald J. Trump are drafting potential lawsuits in case he is elected in November and carries out mass deportations, as he has vowed. One group has hired a new auditor to withstand any attempt by a second Trump administration to unleash the Internal Revenue Service against them. Democratic-run state governments are even stockpiling abortion medication. “Trump has made clear that he’ll disregard the law and test the limits of our system,” said Joanna Lydgate, the chief executive of States United Democracy Center, a nonpartisan democracy watchdog organization that works with state officials in both parties. “What we’re staring down is extremely dark.”While the Supreme Court on Thursday rejected an attempt to nullify federal approval of the abortion pill mifepristone, liberals fear a new Trump administration could rescind the approval or use a 19th-century morality law to criminalize sending it across state lines.
Persons: Donald J, Trump, Trump’s, “ Trump, , Joanna Lydgate Organizations: Revenue Service, Democratic, Trump, States United Democracy Center Locations: American
Trump argued, as he had before, that if he were president the war wouldn’t still be going. Opposed to additional Ukraine aid and openly skeptical of NATO, Trump could rip up the bilateral agreement Biden signed Thursday if he returned to office. Yet with uncertainty swirling around any American support in the future, the time to act appeared short. Biden pushes G7 to back reproductive rightsEven on an issue unrelated to Ukraine, Biden sought this week to consolidate G7 support in a way that would be unlikely if Trump were to return to the summit. American allies in Europe are collectively preparing for a second Trump administration with a sense both of trepidation and exhaustion.
Persons: Joe Biden, ” Biden, Volodymyr Zelensky, , , Donald Trump, Biden, Trump, John Bolton, doesn’t, Zelensky, , Putin, Ursula von der Leyen, Jake Sullivan, Ukraine “, Ukraine —, Giorgia Meloni Organizations: CNN, Republicans, Capitol, NATO, Trump, Biden, Democratic, White Locations: Italy, Ukraine, Washington, Kyiv, Paris, Iran, Russia, Puglia, Italian, Hiroshima, Japan, Europe, Sicily, haggling, Quebec, Biarritz
The Hunter Biden and Trump cases are vastly different, as is the way the former and current first families have responded to the trials. This is especially significant since Hunter Biden could face up to 25 years in prison if convicted, although a sentence for a first-time offender is unlikely to be that severe. The Hunter Biden trial is the latest cruel twist in the story of a family that has endured more tragedies than most could bear. The infringements on the Biden family’s dignity and privacy cut deep during the trial, which saw discomforting testimony about Hunter Biden’s former cocaine addiction. Media organizations, meanwhile, played an excerpt from Hunter Biden’s audio book that chronicles his spiral into addiction that was used in the prosecution case.
Persons: CNN —, Donald Trump, Joe Biden, Hunter, Trump, Hunter Biden, He’s, Nelson Mandela, WITCH HUNT, ” Trump, Eric, Donald Jr, Mike Johnson —, GOP nominee’s, Melania Trump, Biden, Jill Biden, Leo Wise, , ” Wise, , , Beau, It’s, Bill Clinton, Roger Clinton, Billy Carter, Jimmy Carter, Beau Biden’s, Hallie, Naomi, “ I’m, Attorney Alvin Bragg, Biden’s, General Merrick Garland, David Weiss, Wise, Joe Organizations: CNN, Biden, Trump, ABC, GOP, Media, Manhattan, Attorney, Republicans Locations: York, Wilmington , Delaware, New York, American, Wilmington, France, Europe, there’s, Mar, Georgia —, Ukraine, China
John Della Volpe, who has been doing intensive research on young voters, said older voters have embraced Biden's policies, such as lowering the cost of prescription drugs, whereas younger voters don't feel similar benefits from them. Rep. Ann McLane Kuster, D-N.H., said older voters in her state and elsewhere are attracted to Biden's "steady hand." At the same time, Biden had a narrow lead among voters 65 and older, according to the poll. While Trump won voters 65 and older in the 2016 election by 7 percentage points, Biden narrowed that gap to 5 points in 2020. The Biden campaign hopes to maintain his apparent momentum among older voters in part by contrasting Biden's proposals for seniors with Trump's policies.
Persons: Biden, Joe Biden, Al Gore, Harris, Douglas Emhoff, Jill Biden, Ronald Reagan's, John Della Volpe, Della Volpe, Lisa Clark, Clark's, Ann McLane Kuster, Kuster, Roe, Wade, Donald Trump, — Biden, Trump, it's Biden, Kamala Harris, Mia Ehrenberg, Richard Fiesta Organizations: Biden, Democrat, Democratic, NBC, Republican, an Air Force, Trump, Social Security, Alliance, Retired, Medicare, Fiesta Locations: New Hampshire, France, Vietnam, Wisconsin
Read previewThe billionaire cofounder of LinkedIn, Reid Hoffman, slammed business leaders who support former President Donald Trump, arguing that a 2024 win for the Republican would actually be bad for the economy. He argues that a "robust legal system" is critical for American business to prosper because it keeps things in check. "But a robust, reliable legal system is not a given," Hoffman wrote. Others, Hoffman argues, believe Joe Biden would be even more dangerous to American business than Trump would. There's a growing number of business leaders who publicly support Trump.
Persons: , Reid Hoffman, Donald Trump, Hoffman, Donald Trump's, Trump, Stormy Daniels, Joe Biden, Bill Ackman, Nelson Peltz, Blackstone, Steve Schwarzman, Douglas Leone, Elon Musk, Biden Organizations: Service, LinkedIn, Republican, Business, Trump, Pershing, Capital Management
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New York CNN —The Washington Post announced on Sunday that it had parted ways with its top editor, Sally Buzbee, in a seismic shakeup executed by new publisher and chief executive William Lewis just months before the high-stakes 2024 presidential election. “Sally is an incredible leader and a supremely talented media executive who will be sorely missed,” Lewis said in a statement. “I wish her all the best going forward.”While Lewis praised Buzbee publicly on Sunday, she oversaw a particularly tumultuous period at the venerable newspaper. The Post said that Matt Murray, former editor in chief of The Wall Street Journal, will immediately replace Buzbee as executive editor. After the November election, Robert Winnett, deputy editor of The Telegraph Media Group, will take on a new role as editor of The Post, overseeing its core news offering.
Persons: Sally Buzbee, William Lewis, “ Sally, ” Lewis, , Lewis, Buzbee, Matt Murray, Murray, Robert Winnett, Donald Trump, Rupert, “ I’m, Sally, ” Murray, Will Organizations: New, New York CNN, Washington Post, Post, Street, The Telegraph Media Group, The, Wall Street Locations: New York
Elon Musk says he hasn't talked to Donald Trump about joining his government if Trump's elected. Musk was responding to earlier reports saying that Trump was mulling an advisory role for him. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk says he hasn't spoken to former President Donald Trump about joining a second Trump administration. This story is available exclusively to Business Insider subscribers.
Persons: Elon Musk, hasn't, Donald Trump, Trump's, Musk, Trump, Joe Biden, Organizations: Trump, Service, Trump Presidency, SpaceX, Street Journal, Business
And among those watching most closely are world leaders near and far. Of course, world leaders have generally stayed mum on the issue of which man they prefer – although I would wager that most favor the status quo over a return to the raucous years of Trump’s presidency. Some world leaders have already signaled their aversion to another Trump presidency. But for these foreign leaders, coming out against Trump is a move that is chock full of risks. The stakes in this election are too high for global leaders to stay mum.
Persons: Michael Bloomberg, Read, Joe Biden, Donald Trump, Biden “, , Trump, Trump’s, , Hank Sheinkopf, Biden, Javier Milei, Israel’s Netanyahu, Victor Orbán, Russia’s Vladimir Putin, it’s, Justin Trudeau, isn’t, Brazil’s Luiz Inácio Lula da Silva, octogenarian Biden, “ Trump, Sheinkopf, Don’t, Team Biden, Organizations: New York, CNN, Trump, NATO, , Biden, Canadian, Worker’s Party, Team Trump, Team Locations: United States, Latin America, Africa, America, Asia, China, Argentina, Hungary, Brazilian, Gaza, Brazil, Russia, India, South Africa, Washington
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Substantial' potential in Chinese equities over the next 6 to 12 months: UBS WMSuresh Tantia of UBS Global Wealth Management is positive on China's economic recovery trajectory, but says there is still a tail risk associated with the possibility of a second Trump presidency.
Persons: Suresh Tantia Organizations: UBS, UBS Global Wealth Management, Trump
Bill Gross warned that a second Trump presidency could harm bond markets. Gross highlighted that Trump's tax cuts and spending programs would worsen the fiscal deficit. AdvertisementDonald Trump winning the presidential election would be bad news for the bond markets, said "Bond King" Bill Gross. A Trump presidency would worsen US fiscal deficits, which would hurt bonds, the billionaire investor and PIMCO cofounder said in an interview with the Financial Times. "Trump is the more bearish of the candidates simply because his programs advocate continued tax cuts and more expensive things," Gross said.
Persons: Bill Gross, Trump, Gross, , Donald Trump Organizations: Service, Financial Times, Business
The former president’s trial over hush money paid to a porn star has made history, and his performance in court has been so farcical that Mr. Trump was threatened with jail time for contempt of court. He has called his political enemies “vermin” and said that immigrants are “poisoning the blood” of America. Mr. Trump’s transgressions against American political norms are by now almost a cliché. But the “unified Reich” video shows a different kind of danger in another Trump presidency. That underscores the bigger problem in the Republican Party today, one that goes far beyond Mr. Trump: a generation of young Republican staff members appears to be developing terminal white nationalist brain.
Persons: Donald Trump, Trump, , , America ”, Nick Fuentes Organizations: America, Trump, Nazi, Associated Press, Republican Party, Republican Locations: America, Nazi Germany, Charlottesville, Va
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