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Donors still on edgeThe shock waves from last week’s presidential debate are still reverberating, as President Biden and his aides sought to allay concerns from despondent Democrats and wealthy donors about his age and fitness for office. Donors are increasingly becoming reconciled to Biden remaining the Democratic nominee even after Biden’s disastrous performance. But some in the party, and in the markets, are increasingly expecting Donald Trump to win in November. Seventy-two percent of registered voters don’t believe Biden has the mental and cognitive health to serve as president, according to a CBS News poll published Sunday, compared with 65 percent in early June. With the odds for a Trump win rising after the debate, Wall Street analysts are recalculating what that could mean for the economy and the markets.

Persons: Biden, Donald Trump, don’t, Trump Organizations: Democratic, CBS, Trump, Wall Street

☆ Tesla is about to embark on a 2nd half rally as the company's comeback story is starting, Wedbush's Dan Ives says
▼ + stars: | 2024-07-01 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Tesla stock is set for big upside in the second half of 2024, Wedbush predicted. That's because the carmaker is finally a turnaround in weak demand from China, Dan Ives said. But those headwinds are easing, particularly as things begin to stabilize in China, Ives said. The release could represent a major turning point for Tesla stock, Ives said, previously calling the robotaxi a "magic model" for the company. I believe this is a stock that's going to have a massive run second-half of the year."

Persons: Wedbush, Dan Ives, Ives, —, Wedbush's Dan Ives, Tesla, Elon, that's, Trump, Joe Biden, Musk, Wells Organizations: Service, CNBC Locations: China

☆ Analysis: The Supreme Court just gave presidents a superpower. Here’s its explanation
▼ + stars: | 2024-07-01 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +14 min

But Congress may not criminalize the President’s conduct in carrying out the responsibilities of the Executive Branch under the Constitution. Juries can’t even consider official acts in terms of a prosecution, according to the Supreme Court. This case poses a question of lasting significance: When may a former President be prosecuted for official acts taken during his Presidency? She said they could easily have expressed that some of Trump’s conduct was unofficial. Sorting private from official conduct sometimes will be difficult—but not always.

Persons: Donald Trump’s, Trump, John Roberts, Here’s Roberts, ”, Roberts, ’, –, Jack Smith’s, John Sauer, Amy Coney Barrett, Barrett, Mike Pence, Pence, they’re, George Washington’s, Smith, Clarence Thomas, “, …, Sonia Sotomayor, Trump’s, Sotomayor Organizations: CNN, Trump, Branch, Capitol, Supreme, Government, Founders Locations: Washington ,, Washington, United States

☆ These are the sectors most likely impacted if Trump is re-elected, according to Stifel
▼ + stars: | 2024-07-01 | 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 EmailThese are the sectors most likely impacted if Trump is re-elected, according to StifelBrian Gardner, Chief Washington Policy Strategist at Stifel, discusses the aftermath of the first presidential election debate this year.

Persons: Trump, Brian Gardner Organizations: Chief Washington

☆ Opinion: The most despicable things Trump said at the debate
▼ + stars: | 2024-06-30 | by ( Dean Obeidallah | ) edition.cnn.com time to read: +6 min

He’s a Palestinian now.” The remark presumably meant to suggest that Schumer, who is Jewish, is somehow not supportive enough of Israel. Supporters hold up signs at former President Donald Trump's campaign rally in Virginia on June 28, 2024, one day after his historic debate against President Joe Biden. Some correctly noted that Trump revealed his view that Black Americans are relegated to working in low-paying, menial jobs that anyone could fill. Rep. James Clyburn, a Democrat from South Carolina, speaking Sunday on CNN’s State of the Union, noted that Trump’s “Black jobs” remark shows that Trump has “a low opinion of Black people.” But that’s nothing new, Clyburn added. The only question is whether enough Americans will reject Trump’s vileness to ensure that he never gets there again.

Persons: Dean Obeidallah, we’ve, Joe Biden, Donald Trump, Biden, Trump, “, Israel, ”, Benjamin Netanyahu’s, Biden “, Chuck Schumer, “ He’s, He’s, Schumer, Donald Trump's, Jim Watson, Netanyahu, James Clyburn, ” Derrick Johnson, Trump’s, he’s Organizations: CNN, Democratic, Dean Obeidallah CNN, United Nations, demonizing, Getty, State Department, Gaza Health Ministry, Republican, US State Department, CNN’s, Union, NAACP, Biden, ” Locations: Gaza, Palestinian, Virginia, Israel, AFP, South Carolina, CNN’s State

☆ Biden and Trump both want you to ignore the obvious
▼ + stars: | 2024-06-29 | by ( Katherine Tangalakis-Lippert | Erin Snodgrass | ) www.businessinsider.com time to read: +9 min

But that's not what it looked like on Thursday when Biden floundered in his debate performance against former President Donald Trump, political strategists told Business Insider. "It was a disaster for President Biden," Alex Zdan, GOP political strategist and former New Jersey Republican candidate for US Senate, told BI. Where the similarities endAnother Trump presidency would mean a vastly different America than if Biden won a second term. When BI reached out for comment, representatives for the Trump campaign declined to answer questions about similarities between Trump and Biden. To have a chance, Biden will need that constituency to ignore his poor debate performance and questions about his age.

Persons: Joe Biden, Biden, that's, Donald Trump, Alex Zdan, David Triana, Gavin Newsom, Triana, Dustin Siggins, Siggins, Rebecca Horan, MAGA, Horan, —, Trump, Timothy Snyder, He's, He'd, gamely, he's, Christian Grose, Qasim Rashid, Rashid, Biden's Organizations: Service, North Carolina State Fairgrounds, Business, GOP, New, New Jersey Republican, US, Republicans, Democratic, Triana, Democratic Party, MAGA Republicans, Trump, BI, Independents, USC, Biden, New York Times, Board, Times Locations: New Jersey, North Carolina, American, China, Virginia and Illinois, America, —

☆ Opinion: Dear Joe, it’s time to go
▼ + stars: | 2024-06-28 | by ( Opinion Jay Parini | ) edition.cnn.com time to read: +6 min

CNN —Dear Joe,I write to you urgently, as your old neighbor from Scranton. You, Joe, pushed through the Safer Communities Act, which included the most significant gun control measures in nearly thirty years. But you’re an old man now, like me. You’re a man of huge integrity, Joe, and you must — you MUST — stand down. Be the great man you are, Joe, the one we’ve seen in action and admired for many decades.

Persons: Jay Parini, “ Borges, ”, Jorge Luis Borges, CNN —, Joe, I’ve, Oliver Parini, Mike Pence, you’ve, Donald Trump, Donald, Trump, Vladimir Putin, Benjamin Netanyahu, Chuck Schumer, Hakeem Jeffries, Nancy Pelosi, Ruth Bader Ginsburg’s, Barack Obama, Don’t, Joe Bader Biden, You’ve, Gretchen Whitmer, Gavin Newsom, Pritzker, Jay Organizations: Middlebury College, CNN, Capitol, White, NATO, Supreme, Michigan Gov, Illinois Gov, Trump, Twitter, Facebook Locations: Scotland, Argentine, Scranton, freefall, Ukraine, Atlanta, You’re, China, Trump, California, Illinois, United States of America

☆ Analysis: Trump relishes a winning streak on the debate stage and in the courts
▼ + stars: | 2024-06-28 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

Washington CNN —Donald Trump used to tell his fans that he’d win so much, they’d get tired of winning. The ex-president’s lawyers are already signaling they will seek to get evidence tossed and obstruction counts against the ex-president dismissed. The court released its decision ahead of an even more critical case that will bear more directly on Trump’s criminal entanglements. A second 2020 election case, in Georgia, is also stalled – partly over a controversy and appeals process triggered by a relationship between District Attorney Fani Willis and a prosecutor she appointed. Trump is only three years younger than Biden and often lapses into gibberish in campaign events.

Persons: Washington CNN — Donald Trump, they’d, Joe Biden’s, Trump, ” Trump, Jack Smith, Aileen Cannon, Cannon, –, Fani Willis, Juan Merchan, it’s, Biden, Biden’s, he’s, ”, overstepped, Smith, CNN’s Paula Reid, ’, ” Cannon Organizations: Washington CNN, Trump, America, “, Justice Department, Capitol, Republican, WIN, White, Republican National Convention, Biden, Justice, Trump . Trump’s Locations: Atlanta, Virginia, Florida, Lago, Georgia, New York, Milwaukee , Wisconsin

☆ A Nobel Prize-winning economist breaks down exactly how Trump's proposed policies could make inflation worse
▼ + stars: | 2024-06-28 | by ( Madison Hoff | ) www.businessinsider.com time to read: +5 min

Read previewNobel Prize-winning economist Joseph Stiglitz told Business Insider the US economy is "remarkably strong." "I think general consensus, not just my view, but almost anybody modeling what is going on would say the Trump administration would be more inflationary," Stiglitz told BI. AdvertisementStiglitz noted Trump's promise of large increases in tariffs as one of the things that could make inflation worse. AdvertisementA third factor that could juice inflation would be the "drastic reductions in immigration" that Trump has proposed, Stiglitz said. Outside of the risks to inflation, Stiglitz said a Trump presidency could also mean a slowing GDP.

Persons: —, Joseph Stiglitz, Stiglitz, Trump, Axios, Joe Biden, Trump's, Karoline Leavitt Organizations: Service, Democratic, Republican, Business, Trump, U.S, Republicans, CNN Locations: U.S

☆ How a criminal record affects your chances of being hired
▼ + stars: | 2024-06-28 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +7 min

In fact, for many if not most jobs, there are no legal prohibitions on hiring those with criminal records. And when a criminal record of any kind turns up, that can kill a person’s chances, regardless of how well-qualified they may be for a position, either because an employer has a high aversion to risk or a bias against those with a record, Love said. Or the paperwork and time required to get approval for someone with a criminal record may be such that an employer simply decides to look at candidates without a record. “Sometimes people believe they are required to turn my clients down because of a criminal conviction. That law provides for eligible conviction records to be automatically “sealed,” meaning they should no longer show up on employer background checks.

Persons: Donald Trump, Trump, he’d, ”, Margaret Love, aren’t, Love, Beth Avery, Avery, Sabina Crocette, Crocette, ” Crocette, Jason Hoge, Hoge, ‘ I’m, ” Hoge, Wes Moore Organizations: New, New York CNN, Employment Opportunity Commission, of Columbia, National Employment Law, Economic, Federal Deposit Insurance Corporation, Legal, Western, Employers, Whites, New York’s, Criminal, Services, Maryland Gov Locations: New York, United States, NELP, San Francisco, California , New York, Blacks

☆ Key lines from CNN’s presidential debate
▼ + stars: | 2024-06-28 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +17 min

CNN —In CNN’s presidential debate, President Joe Biden was halting and, at times, trailed off and confused words, feeding a nagging narrative about his fitness for the presidency. Trump said Biden couldn’t drive a golf ball 50 yards, and Biden challenged Trump to a golf match but only if Trump carries his own clubs. We’ve got to take a look at what I was left when I became president, what Mr. Trump left me. -TrumpBiden said Trump deserves blame for watching the riot at the Capitol unfold for hours without doing anything to intervene. They’ve had meetings and they voted who’s the worst president in American history.

Persons: Joe Biden, Donald Trump, overinflated, Trump, Biden, ” Trump, “, …, Trump’s, Jake Tapper, Dana Bash, We’ve, Biden Trump, Trump Trump, We’d, I’ve, –, ”, Roe, Wade, You’ve, It’s, Trump Biden, ” Biden, Beau, John Kelly, Vladimir Putin’s, Putin, Volodymyr, Zelensky, There’s, Gaza Biden, Israel, “ I’ve, Tapper, we’re, We’re, Hunter, Joe, you’re, Biden Biden, E, Jean Carroll, Daniels, ” –, reimbursements, Hitler Biden, Hitler’s, flabbergast Biden, They’ve, That’s Organizations: CNN, Trump Biden, Trump, Medicare, Social Security, Republicans, Trump Trump, Biden, Democrats, White House, Ukraine Trump, Ukraine, Hamas, Bash Locations: Atlanta, freefall, Iraq, France, Ukraine, Soviet Union, Israel, Gaza, Palestinian, United States, New York, Charlottesville , Virginia, “

☆ Trump Media stock surges 10% after debate
▼ + stars: | 2024-06-28 | by ( Matt Egan | ) edition.cnn.com time to read: +2 min

CNN —Former President Donald Trump’s social media company is getting a boost after President Joe Biden’s shaky debate performance. Shares of Truth Social owner Trump Media & Technology Group (DJT) rose 4% in early trading Friday as investors bet the debate has boosted Trump’s chances of retaking the White House. Trump is the chairman of Trump Media, and he is the leading shareholder. Trump Media doesn’t really trade on the fundamentals of the underlying company, the stock has ebbed and flowed with the news about Donald Trump, including his criminal conviction and Thursday night’s debate performance. Trump Media is valued at more than $6 billion even though the company makes very little revenue and Truth Social is tiny.

Persons: Donald Trump’s, Joe Biden’s, Trump, ”, Donald Trump, “ DJT, ” Matthew Tuttle, Tuttle, Biden, aren’t Organizations: CNN, Social, Trump Media & Technology, Trump Media, Trump, Tuttle Capital Management

☆ Jim Cramer says these stocks and sectors could benefit if Trump is elected president again
▼ + stars: | 2024-06-28 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +4 min

CNBC's Jim Cramer said Friday there are stocks and sectors that would benefit if Donald Trump were to become president again. If you think Trump will win the White House, Cramer said, "That means you can go buy the banks. That means you can go buy the natural gas and energy stocks," as well as Big Tech. Cramer also said Tesla might fare better under Trump and Biden because Trump is not pro-union. China Trump has said he would be even tougher on China if he were re-elected.

Persons: CNBC's Jim Cramer, Donald Trump, Cramer, —, Joe Biden, Biden's, Biden, he's, Rather, Trump, Banks, Wells Fargo, Morgan Stanley, Nextracker, China Trump Organizations: Trump, Investing Club, Top, CNBC, White, Big Tech, Biden, Kroger, Albertsons, Capri, Disney, Club, House . Energy, New, Energy, Ford, The, Nike, Starbucks Locations: China

☆ Jim Cramer explains how the market's tone could change if Trump becomes president
▼ + stars: | 2024-06-28 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

In the wake of a contentious debate between President Joe Biden and former President Donald Trump on Thursday night, CNBC's Jim Cramer described how the vibe of the market could change if Trump returned to the White House. Cramer noted that Trump is broadly amiable to gas and oil, pointing to companies like New Fortress Energy and Cheniere . Cramer said as long as he's known Trump, the GOP candidate has had a keen interest in the market. "He loved bantering about the stock market, appeared on this show many times, because even though he was in real estate, he enjoyed stocks," Cramer said. Former President Trump's campaign did not immediately respond to a request for comment.

Persons: Joe Biden, Donald Trump, CNBC's Jim Cramer, Trump, Cramer, bode, Trump's Organizations: Kroger, Albertsons, Capri, New Fortress Energy, Republican, Nike, Starbucks, GOP Locations: China

☆ A timeline of Elon Musk's political stances and donations before his latest embrace of the Republican Party
▼ + stars: | 2024-06-27 | by ( Jake Lahut | Grace Eliza Goodwin | ) www.businessinsider.com time to read: +10 min

And as one of the richest and most powerful people in the world, Musk's political stances carry a great weight. Musk's political donations dating back to 2002 fit neatly into just a single landing page on OpenSecrets, a nonprofit organization that tracks money in politics. AdvertisementThough Musk historically hasn't been big on political donations, he's publicly said that he weighs in on politics when it could affect his businesses. Musk's political coming of age during the pre-social media era remains much of a mystery. His latest donations have all been to Republican candidates and causes, with Sen. Chris Coons of Delaware being the last Democrat to receive any Musk donations back in 2020.

Persons: —, Elon, hasn't, that's, he's, Trump, Joe Biden, Donald Trump, Musk, Elon Musk, Paul Harris, Errol —, Ashlee Vance's, Musk's, Andrew Panzera, Tesla, Martin Eberhard, Marc Tarpenning, Trump Tesla, Alex Brandon Musk, George W, Bush, John Kerry, Barack Obama, Hillary Clinton, Clinton, Sen, Chris Coons, Rex Tillerson's, Hillary Clinton's, Marc Piasecki, Ron DeSantis, DeSantis, Biden, Nelson Peltz, MAGA, — Musk Organizations: Service, SpaceX, Business, White, Tesla, Getty, Pretoria City Council, Progressive Party, New York Times, Times, PayPal, Trump, Donald Trump AP, Democratic, California Democrats, National Republican Congressional, GOP, Republican, Elon, State, Paris Climate, America, NASA, Biden's, Cannes Lions, Democratic Party, Republican Florida Gov, Twitter Locations: Africa, Los Angeles, Republic of South Africa, Pretoria, South Africa, Canada, Johannesburg, Silicon Valley, California, Sens, Delaware, Paris, Texas, Musk's Texas

CNN —The confrontation in Atlanta between Joe Biden and Donald Trump Thursday night has a good chance of becoming the most fateful presidential debate in US history. The momentous nature of this debate can only be fully understood against the backdrop of the unprecedented politics of the times. But the tension surrounding this year’s first debate in June, rather than in September or October as usual, is palpable. “The closer the election, the greater the chance that a debate could influence it,” said Aaron Kall, director of debate at the University of Michigan, who has conducted an in-depth study of every presidential debate. Biden has raised the stakes for himself heading into the debate higher than those any modern president faced.

Persons: Joe Biden, Donald Trump, it’s Biden’s, he’s, Sen, John F, Kennedy, Richard Nixon, John Kerry, George W, Bush, Mitt Romney, Barack Obama, Douglas Brinkley, CNN’s Wolf Blitzer, Biden, Trump, —, Al Gore’s, George H.W, ”, Aaron Kall, David, Ohio Sen, J.D, Florida Sen, Marco Rubio, He’s, David Biden’s, Ron Klain, ” Biden, Hunter, Bob Bauer, Dana Bash, Jake Tapper, It’s, they’ve, assail Biden, ” Trump, it’s, Terry Szuplat, ” Szuplat, CNN’s Kasie Hunt Organizations: CNN, Massachusetts Gov, University of Michigan, Biden, Ohio, White House, Trump, GOP, Truth Locations: Atlanta, America, New York, Vance, Florida, Maryland

CNN —President Joe Biden and his predecessor, Donald Trump, are set to make history on CNN Thursday night as they meet for their first 2024 debate. Thursday’s debate will be the earliest in the election cycle that a presidential debate featuring the major parties’ nominees has taken place in modern history. That’s why Trump’s advisers and allies have urged the former president to focus on issues like the economy, crime and inflation as he debates Biden. The Biden campaign knows all this, of course, so it will be interesting – and instructive – to hear his message and analyze where it’s being targeted. The Trump campaign distanced itself, in part, from the plan, noting that the advisers who wrote it are not on the payroll.

Persons: Joe Biden, Donald Trump, It’ll, Biden —, —, Trump, Hunter, Jake Tapper, Dana, insurrectionists, Biden, parry, Wade, Roe, ”, CNN’s Erin Burnett, won’t Biden, ” Biden, “, Lincoln, Benjamin Netanyahu, Vladimir Putin, Putin, ” He’s Organizations: CNN, United States, Trump, Capitol, GOP, Biden, NATO, Reuters, Kyiv, Republicans, UFC Locations: New York, Georgia’s, Atlanta, Washington , Florida, Georgia, Russia, Israel, Gaza, Ukraine, Moscow, Kyiv, Western Europe, United States

☆ The debate night contrast Biden hopes will win the 2024 election
▼ + stars: | 2024-06-26 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

CNN —The Almighty won’t be standing on stage alongside Joe Biden on Thursday night. Biden’s campaign laid the groundwork for the Atlanta showdown hosted by CNN in a weekend memo. If Trump rants and vents his 2020 election lies on Thursday, he will play into Biden’s hands. That could avoid the mayhem of the first Trump v. Biden debate in 2020. His campaign has spent days trying to roll back his expectations of Biden as a doddering, elderly president who can’t string two words together.

Persons: Joe Biden, Donald Trump, “, ‘ Joey, don’t, Trump, ”, zealots, Biden, Michael Tyler, Mitch Landrieu, Kayla Tausche, it’s, George W, Democrat John Kerry’s, Barack Obama’s, Mitt Romney, Cronkite, TikTok, he’s, — they’ve, Karl Rove, Trump can’t, shouldn’t, Kristi Noem, Trumpian, Jason Miller, ” Miller, Massachusetts Sen, Elizabeth Warren, ” Warren, they’ll, he’ll Organizations: CNN, Atlanta, ” Biden, Trump, Democrat, GOP, White, Capitol, Voters, Biden, . South Dakota Gov, NBC, Union, Massachusetts Locations: Democrat John Kerry’s Vietnam, Washington, New York, ., Atlanta, State, Wisconsin

☆ Election Updates: J.D. Vance says he’ll be disappointed if Trump doesn’t pick him as his running mate.
▼ + stars: | 2024-06-26 | by ( Michael C. Bender | ) www.nytimes.com time to read: +9 min

And AIPAC’s attacks have galvanized a concerted countercampaign by the left to try to discredit the group, which is bipartisan, among Democratic voters. Mr. Latimer ran up large margins in more moderate suburban communities, including ones with sizable Jewish populations. Mr. Bowman’s opponents churned out an unusually large amount of opposition research against him, including old blog posts dabbling in Sept. 11 conspiracy theories. Mr. Latimer returned to the episode repeatedly to argue that Mr. “He’s making the party look really bad,” said Sandra Altman, citing Mr. Bowman’s fire alarm episode and his left-leaning views, as she voted for Mr. Latimer in Scarsdale.

Persons: Jamaal Bowman, ”, Bowman, George Latimer, Dave Sanders, Israel, Marshall Wittmann, Bernie Sanders, Alexandria Ocasio, Cortez, Gregg Vigliotti, Bernie Sanders of, Ayanna Pressley, ’, Latimer, Cori Bush, Biden, “, Bowman’s, Stephen Colbert, Cash Cobain, Ocasio, Sanders, Reagan, Paul Feiner, “ I’ve, he’s, ” Marsha Gordon, Ms, Gordon, “ Jamaal Bowman, Sandra Altman, “ He’s, ” Molly Longman Organizations: Democratic, Israel, Westchester County, AIPAC, The New York Times, American Israel Public Affairs Committee, ., The New York Times Left, Justice Democrats, Cortez of New York, Bernie Sanders of Vermont, Massachusetts, Jewish, Democratic Party, Mr Locations: York, New York City, Gaza, Westchester, Israel, New York, Bronx, Cortez of New, Mount Vernon, Missouri, Yonkers, Latimer, Scarsdale, “, N.Y

candidate who would make a genuine difference for Trump in the campaign and in the November election vote? What matters most about Trump’s choice? First, as Democrats like to point out when questions of Joe Biden’s age come up, Trump is also pretty damn old. So the possibility that his vice president would succeed Trump in the middle of his term is not implausible. Ross Douthat: It’s not just that Trump is old, it’s also that — fears of his permanent power notwithstanding — he’s term-limited, which means that his V.P.

Persons: Patrick Healy, Ross Douthat, David French, Michelle Goldberg, Bret Stephens, Donald Trump’s, Trump, Biden’s, Donald Trump, Bret, Joe Biden’s, Doug Burgum, Marco Rubio, It’s, it’s, Mike Pence’s, there’s Organizations: Trump Locations: MAGA, Florida

☆ ‘Deeply concerned.’ 16 Nobel economists sound the alarm on Trump and inflation
▼ + stars: | 2024-06-26 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

Yet 16 Nobel Prize-winning economists are warning that Trump’s proposals wouldn’t just fail to fix inflation — they would make matters worse. “We the undersigned are deeply concerned about the risks of a second Trump administration for the US economy,” the economists wrote in the Tuesday letter, which was first reported by Axios. The letter, organized by famed economist Joseph Stiglitz, argued there are valid reasons to worry the Trump agenda will “reignite” inflation. Republican presidential candidate former President Donald Trump speaks at the Road to Majority conference in Washington, Saturday, June 22, 2024. Jae C. Hong/Pool/APIn the letter, the 16 Nobel economists expressed concern about the rule of law and stability if Trump wins the White House again.

Persons: Donald Trump, Trump, Axios, Joseph Stiglitz, Trump’s, Manuel Balce Ceneta, Joe Biden, ”, Stiglitz, —, Biden, Jae C, “ Donald Trump, Robert Shiller, Paul Romer, George Akerlof, Janet Yellen, Biden’s, Joe, Donald Trump’s, ” Karoline Leavitt, don’t, Harry Enten, Moody’s Organizations: CNN, Peterson Institute, Oxford Economics, Allianz, Republican, AP Trump, Congressional, Federal Reserve, Trump, World Bank, Biden, ABC, Voters Locations: Washington, China, U.S, Mexico, Nogales, Ariz

☆ 34 stocks ready to outperform if Donald Trump retakes the White House and implements an 'America First' policy, according to Goldman Sachs
▼ + stars: | 2024-06-25 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Even though the S&P 500 has risen under Trump and Biden, the candidates' policy differences will likely have a significant impact on which stocks outperform, according to Goldman Sachs. 34 US-focused stocks to ownTrump's so-called "America First" agenda appears to be a tailwind for companies that generate most or all of their sales in the US, according to Goldman Sachs. Kostin and his colleagues recently highlighted their domestic sales basket, which comprises 50 stocks in the S&P 500 with that description. Within that group, there are 34 companies that Goldman Sachs said generated 0% of their revenue from outside the US in the last year. Below are 34 stocks that are set to outperform if Trump wins and implements tariffs, along with each stock's ticker, market capitalization, sector, and revenue from the previous 12 months.

Persons: —, Joe Biden, Donald Trump, Goldman Sachs, David Kostin, Trump, Kostin, it's Organizations: Service, Republicans, Democratic, Business, White, Biden, Trump, Goldman Locations: China

☆ Why a divided government would be the best outcome for crypto in the November election, according to TD Cowen
▼ + stars: | 2024-06-25 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

A sweep of the executive and legislative branches by either Democrats or Republicans in the November election could spell more risk to crypto assets, according to TD Cowen. "Divided government is the best possible outcome for financial firms, housing and crypto as we believe there would be bipartisan legislative and regulatory agreements that could survive future political changes," TD Cowen's Jaret Seiberg wrote in a note Monday. "If Biden wins, a Republican Senate could limit his ability to put aggressive regulators in power," Seiberg added. "Trump would likely have a GOP Senate, but House Democrats could block his legislative agenda. Republican politicians have tended to hold more crypto-friendly views, but the digital currency industry maintains that crypto is a nonpartisan issue.

Persons: TD Cowen, Jaret Seiberg, Seiberg, Trump, Donald Trump, Biden, Biden's, Gary Gensler, Gensler, Michael Bloom Organizations: Republicans, Biden, Republican, GOP Senate, Innovation, Technology, Republican Senate, TD Cowen's Washington Research Group, SEC, Securities and Exchange Commission Locations: Washington

☆ Our contributors rewatched the 2020 Biden-Trump debates for clues. Here’s what they predict will happen Thursday
▼ + stars: | 2024-06-24 | by ( Cnn Opinion | ) edition.cnn.com time to read: +27 min

Kate Bedingfield served as White House communications director in the Biden administration and was the deputy campaign manager on Biden’s 2020 presidential campaign. That contentious exchange during the 2020 debate put Biden on the defensive. A President Trump might make their decisions about retirement that much easier. David Urban, a CNN political commentator, served as an adviser to then-President Trump’s 2020 re-election campaign. On Thursday, President Biden needs to do it again.

Persons: isn’t, Joe Biden’s, Donald Trump’s, —, Stephanie Griffith, Scott Jennings, Trump, Donald Trump, Joe Biden, Biden, counterpunched Biden, CNN Trump masterfully, ” Scott Jennings Trump, mightily, George W, Bush, Sen, Mitch McConnell, Sophia A, Nelson Stephanie Honikel, Chris Wallace, Wallace, Trump’s, it’s, Nelson, It’s, Kate Bedingfield, Donald Trump Kate Bedingfield, Shermichael Singleton, Bill Clinton’s, James Carville, “, Democratic Barack Obama, they're, aren’t, “ It’s, David Axelrod, people’s, ” Biden, jibing Trump, ”, Barack Obama, Obama, David Urban, Amy Coney Barrett, Amy Coney Barrett's, Roe, Wade, Ronald Reagan, Bill Clinton, Reagan, Clinton, ” David Urban, Dobbs, Lady Jill Biden, Samuel Alito, Clarence Thomas, Bakari Sellers, Abraham Lincoln, chokeholds, Emmett Till, HBCUs ? Biden, Hilary Krieger Organizations: CNN, White, Biden, Scott Jennings CNN, Trump, Democratic, Republican, RunSwitch Public Relations, Capitol, GOP, Republican Government Reform, White House, NBC, Marist, Fox News, Global, Senate, United, Appeals, Federalist Society, American, United State Supreme Court, National Guard, South Carolina House of, Strom Law, CNN Opinion’s Locations: Cleveland , Ohio, Nashville , Tennessee, New York, Louisville , Kentucky, Charlottesville , Virginia, “, White, Charlottesville, Michigan, Scranton, Claymont, America, United States, Pennsylvania, HBCUs

☆ Trump Media stock jumps 20%, breaking weekslong decline in DJT share price
▼ + stars: | 2024-06-24 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Shares of Trump Media soared more than 20% on Monday morning, as the firm majority-owned by former President Donald Trump sought to bounce back from a weekslong plunge that cut the stock price nearly in half. Trump Media, which trades as DJT on the Nasdaq, was trading around $33 a share on much higher than average volume as of 10:50 a.m. Shares of Trump Media sunk even lower last week, after its registration of additional shares was declared effective by the Securities and Exchange Commission. Trump posts almost exclusively on Truth Social, the microblogging social media platform that is Trump Media's sole product to date. But Trump in early June joined the social media behemoth TikTok, whose traffic dwarfs that of Truth Social.

Persons: Donald Trump, Trump, TikTok Organizations: Trump Media, Nasdaq, Truth, Securities and Exchange Commission, Trump Locations: Warsaw, Poland, York

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