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☆ Federal jobs are known for their stability. Now they could be in jeopardy as Musk pushes for deep spending cuts.
▼ + stars: | 2024-11-19 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

Tech: We're in the middle of a white-collar recession, and tech workers are shouldering much of it . We're in the middle of a white-collar recession, and tech workers . AdvertisementElon Musk's government efficiency commission has been tasked with cutting government spending, raising questions about the future of millions of jobs. Tech jobs are mired in a recession. White collar hiring is in a huge slump, and tech workers are some of the hardest hit .

Persons: Trump hasn't, Tesla, Chelsea Jia Feng, Madison Hoff, Vivek Ramaswamy, Musk, Alice Tecotzky, John L, Dorman, Allison Robbert, Scott Bessent, Cantor Fitzgerald, Howard Lutnick, Marc Rowan, Kevin Warsh, Trump, Goldman Sachs, Morgan Stanley, Natalie Ammari, Uber, Verily, —, Rebecca Zisser, Elon Musk, Bluesky —, Jake Paul's, Netflix's Jake Paul, Mike Tyson, wasn't, Donald Trump's, Satya Nadella, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Google, Trump, Tech, Getty, Elon, Department of Education, Veterans Affairs, Department of Government, Social Security, Medicare, Twitter, Getty Government, Allison, Treasury, BCA Research, Goldman, BI, LinkedIn, Microsoft, China Economic, Security, Walmart Locations: Washington , DC, China, Brazilian, New York, Chicago, London

☆ Meet the Press – November 17, 2024
▼ + stars: | 2024-11-17 | by ( ) www.nbcnews.com time to read: +58 min

And by the way, I do believe that President Trump has the ability to pick some really, really good people. We've seen what they've done to President Trump, we've seen the attacks that they continue to go after him with. That's - that’s being taken completely out of context. And President Trump hasn't been the one that weaponized the DOJ to go after his political enemies. I think that's a pretty controversial pick, from whatever pronoun that he or he - he or she decides to use.

Persons: KRISTEN WELKER, Donald Trump’s, SEN, LISA MURKOWSKI, SUSAN COLLINS, KEVIN CRAMER, JOHN BOLTON, Trump’s, Trump, MIKE JOHNSON, JOHN, CHUCK SCHUMER, DONALD TRUMP, Hakeem Jeffries, Markwayne Mullin, Amna Nawaz, Eugene Daniels, Jen Psaki, Lanhee Chen, it’s, Kristen Welker, Donald Trump, Matt Gaetz, Gaetz, who's, we're, Mike Johnson, Johnson, MATT GAETZ, Robert F, Kennedy Jr, Kennedy, he's, ROBERT F KENNEDY JR, I'm, I've, LEX FRIDMAN, Trump's, Pete Hegseth, Hegseth, ” Hegseth, SHAWN RYAN, PETE HEGSETH, Mullin, Press . SEN, MARKWAYNE MULLIN, Kristen, you've, Kristi Noem, Matt Gaetz's, they're, Matt, Here's, We've, we've, Biden, Hunter Biden, didn't, Trump hasn't, Garland, Pete, Bobby Kennedy, Bobby, Rachel, Sam, There's, Pete Buttigieg, Let's, Kristen –, there's, let's, Chuck Schumer, Obama, Canning, we'll, He's, Jeffries, HAKEEM JEFFRIES, Roe, Wade, Pelosi's, Pelosi, It's, Nancy Pelosi, Jim Clyburn, Steny Hoyer, That's, should've, Kamala Harris, it's, Matt Gaetz –, Tulsi Gabbard, Debbie Wasserman Schultz, DEBBIE WASSERMAN SCHULTZ, Assad, She's, Dick Durbin, Donald Trump's, Politico “ Playbook, AMNA NAWAZ, Jim Mattis, Rex Tillerson, John Kelly, Eugene, EUGENE DANIELS, –, Susan Collins, hasn't, LANHEE CHEN, aren't, Doug Burgum, Marco Rubio, Elise Stefanik, Jen, JEN PSAKI, – AMNA NAWAZ, that's, Thune, Biden's, George W, Bush, Joe Biden, JOE BIDEN, – I’ve, —, – JEN PSAKI, Elizabeth Warren, Bernie Sanders, We're, We'll Organizations: GOP, Democratic, Oklahoma, PBS, White House Press, Hoover Institution, Press, NBC, Department of Justice, Mar, FBI, CDC, ATF, DOJ, NBC News, Republicans, of Health, Human Services, Defense, Fox News, Police, Republican, Pentagon, Press ., Trump, Senate, Biden, White, Justice Department, America, Senate Armed Services Committee, The Washington, HHS, of Energy, Department of Transportation, RFK Jr, ’, House Democratic, Democracy, REP, House Democrats, Social, Medicare, Democrats, Committee, of, Politico, Stanford University, Trump’s, Gaetz, Department of Defense, Office, Mr, Republican Party, Democratic Party Locations: Washington, America, Florida, Monterey , California, States, Oklahoma, Russia, United States, Afghanistan, Iraq, New York, American, Syria, Russian, Will, California, –, Trump

☆ 4 ways Trump's housing plans are expected to hurt homebuyers and 3 ways they could help
▼ + stars: | 2024-11-17 | by ( Eliza Relman | ) www.businessinsider.com time to read: +8 min

AdvertisementHigh housing costs, driven in large part by a shortage of homes, are keeping inflation sticky. Economists say Trump's proposals are a mixed bag; some could help housing costs and some could hurt. Ultimately, housing policy experts and industry leaders say housing costs will largely depend on how much new supply can be delivered to the market, which is suffering from a severe shortage of homes. Federal housing assistanceDuring his first term, Trump repeatedly proposed major cuts to housing assistance for households with low incomes or members with disabilities. This would make it harder for lower-income Americans to afford homes and slow down affordable housing construction.

Persons: Trump, Donald Trump, Karoline Leavitt, Vance, Jim Tobin, Tobin, Maurice Page, JD Vance, they're, Anirban Basu, Biden, Ben Metcalf, Metcalf Organizations: Federal Reserve, Trump, National Association of Home Builders, Biden, Administration, Nevada Housing Coalition, Business, Energy, Associated Builders and Contractors, Economic, of New, Reserve, UC Berkeley, Immigrants, Republican Locations: Nevada , Arizona, Utah, of New York, China

☆ Trump victory may provide TikTok a lifeline to remain in the U.S.
▼ + stars: | 2024-11-13 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +2 min

In April, President Joe Biden signed a law that requires China's ByteDance to sell TikTok by Jan. 19. Although both Republicans and Democrats supported the Biden TikTok ban in April, Trump voiced opposition to the ban during his candidacy. Since his election, Trump hasn't publicly discussed his plans for TikTok, but Trump-Vance transition spokeswoman Karoline Leavitt told CNBC that the president-elect "will deliver." "The American people re-elected President Trump by a resounding margin giving him a mandate to implement the promises he made on the campaign trail," Leavitt said in a statement. That month it was also reported that Yass was a part owner of the business that merged with the parent company of Trump's Truth Social.

Persons: Donald Trump, Tim Cook, Meta, Mark Zuckerberg, Jeff Bezos, Shou Zi Chew, Joe Biden, Jan, Trump's, Trump, CNBC's, Kamala Harris, We're, Trump hasn't, Vance, Karoline Leavitt, Leavitt, TikTok, Jeff Yass Organizations: U.S, Apple, U.S ., Google, White, Democrats, Biden, Trump, CNBC, Republican, Susquehanna International Group, NBC Locations: Communist China, U.S, Smithton , Pennsylvania, Chew, TikTok, ByteDance, Yass

☆ Trump's first term avoided a fight in the South China Sea. It's only getting harder.
▼ + stars: | 2024-11-13 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +4 min

AdvertisementIn his first term, Donald Trump ramped up military actions to counter China in the South China Sea. South China Sea observers expect continuity with the Biden administration, which tried to ramp up diplomatic efforts and strengthen US alliances and security partnerships. Chinese Coast Guard holding knives and machetes as they approach Philippine troops in the disputed South China Sea on June 17, 2024. AdvertisementThough Trump hasn't outlined a specific South China Sea plan, he could pursue his broader foreign policy mantra of "peace through strength." "Unrestrained US militarization is precisely what drives Beijing's insecurity and will continue to exacerbate tensions in the South China Sea," Marston said.

Persons: Donald Trump ramped, Donald Trump, Trump, Hunter Marston, Trump hasn't, Biden, Gregory Poling, Joe Biden, Marston, Sari Arho Havrén, Chip Somodevilla, Zeno Leoni, Leoni Organizations: Australian National University, China, Southeast Asia, Center for Strategic, International Studies, Trump, Coast Guard, Armed Forces, AP, CBS, Royal United Services, Ukraine, King's College London's Defense Studies Department, Rand Corporation, Biden's National Security Locations: China, South China, Philippines, Asia, Pacific, Philippine, Europe, South Korea, Palm Beach, South, East Asia

President-elect Donald Trump is expected to name Stephen Miller as his deputy chief of staff for policy at the White House, a source with knowledge of the transition team's plans said Monday. While Trump hasn't made his choice public yet, Vice President-elect JD Vance appeared to confirm the news in a post on X as he reacted to CNN's report about Miller being chosen for the role. Vance said. Miller, a staunch hardliner on immigration policy, worked in the White House during Trump's first term in office, serving both as director of speechwriting and as a senior adviser to the president. Since leaving the White House, he has run the group America First Legal, which he founded with former Trump chief of staff Mark Meadows.

Persons: Donald Trump, Stephen Miller, Trump hasn't, JD Vance, Miller, Congrats, Vance, Trump's, Mark Meadows Organizations: White, America, Trump

☆ Meet the Press – November 10, 2024
▼ + stars: | 2024-11-10 | by ( ) www.nbcnews.com time to read: +56 min

ANNOUNCER:From NBC News in Washington, the longest-running show in television history, this is Meet the Press with Kristen Welker. In a Meet the Press interview during his 2016 run, he suggested that his insurgent bid could generate cross-party appeal. AMY WALTER:Yeah, and the other thing that, you know, Democrats have been dining off the anti-Trump coalition now since 2017. RAMESH PONNURU:I think Democrats wildly overestimated the power of the abortion issue to drive candidate choice as opposed to referendum. There would be pressure on the president, President Biden, to not run for reelection.

Persons: KRISTEN WELKER, DONALD TRUMP, PRES, JD VANCE, Donald Trump, KAMALA HARRIS, Kamala Harris, JOE BIDEN, John Barrasso of, Bernie Sanders, Garrett Haake, Amy Walter, Ramesh Ponnuru, María Teresa Kumar, it’s, Kristen Welker, Trump, SEN, TED, JOHN MORENO, JD Vance, MIKE JOHNSON, Biden, they've, NANCY PELOSI, Kamala, DEBBIE DINGELL, RITCHIE TORRES, DAVID AXELROD, ALEXANDRIA OCASIO, unquote, JON FAVREAU, Joe Biden's, JON LOVETT, Joe Biden, “, “ It's, … they're, I'm, Steve Kornacki, STEVE KORNACKI, Kristen, ”, Trump's, That's, You've, Donald Trump's, Harris, Barack Obama, John McCain, it's, Steve, They're, you've, Barrasso, Press . SEN, JOHN BARRASSO, Bill Clinton “, ” Donald Trump, JOHN, We've, He's, we've, that's, Lindsey Graham, He'll, Robert F, Kennedy Jr, Trump hasn't, Susie Wiles, we're, President Trump, John Kennedy, Bobby, Sanders, BERNIE SANDERS, Let's, Nancy Pelosi, I’m, James Carville, JAMES CARVILLE, I've, Sotomayor, Garrett, he's, GARRETT HAAKE, John Barrasso, Paul Ryan's, Amy, AMY WALTER, – KRISTEN WELKER, It's, –, María Teresa, David Noriega, Mario, DAVID NORIEGA, MIREYA ALVAREZ, MARIO ALVAREZ, MARÍA TERESA KUMAR, Ramesh, RAMESH PONNURU, Richard Nixon, Aaron Burr, didn't, he'd, They've, TERESA KUMAR, María, – MARIA TERESA KUMAR, Dobbs, should've, Harris would've, ” KRISTEN WELKER, We'll Organizations: Republicans, Senate, Vermont, NBC, Capitol Hill, National, Press, NBC News, Arizona, Democratic, Republican, REP, Twitter, Trump, Republican Senate, Supreme, White, National Political, Republican Party, Democratic Party, Biden, Senate Republican, Press ., Trump's, United States Senate, Justice Department, Democrat Party, Security, Social Security, FDR, they're, California, Mr, Trump swiped, Democrats, –, Veterans Locations: United States of America, United States, John Barrasso of Wyoming, Washington, American, ALEXANDRIA, CORTEZ, USA, America, California, New York, Wisconsin, Madison , Wisconsin, Milwaukee County, Harris, Arizona, Pennsylvania, Mexico, Vermont, Nancy, Congress, U.S, Texas –, Texas, Philadelphia

☆ A pro-Trump European leader predicts he will abandon Ukraine: 'The Americans will quit this war'
▼ + stars: | 2024-11-08 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

He said that the US "will quit" the war and there's a "military defeat in Ukraine," per reports. AdvertisementHungary's leader, Viktor Orbán, has a chilling forecast: the US will abandon Ukraine under President-elect Donald Trump. Orbán's forecast comes as world leaders hold key meetings this week, in part to discuss the war in Ukraine. European leaders are convening at a European Council summit in Budapest on Friday, where they are expected to discuss security and geopolitics in Ukraine. Orbán was among the first European leaders to congratulate Trump on his victory.

Persons: Viktor Orbán, —, Donald Trump, Vladimir Putin's, Trump, Kamala Harris, Keith Kellogg, Fred Fleitz, Orbán, Axel Springer, Volodymyr Zelenskyy Organizations: Trump's, Service, Reuters, European Union, Trump, White, NATO, Street, National Security, Political Locations: Ukraine, Russia, Budapest, Europe

☆ How Elon Musk stands to cash in on Trump's presidential victory
▼ + stars: | 2024-11-07 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +10 min

Jim Watson | Afp | Getty ImagesAs Donald Trump celebrated his presidential victory early Wednesday morning, Elon Musk was right there with him. Elon," Trump said onstage at his Mar-a-Lago resort, thanking the world's richest person for spending two weeks campaigning in Pennsylvania. Musk's investment in Trump is already paying off, even though Trump doesn't take office until Jan. 20. Musk was introduced by Cantor Fitzgerald CEO Howard Lutnick, who called the Tesla CEO the "greatest capitalist" in U.S. history. Having a role in a bespoke commission could give Musk power over federal agencies' budgets, staffing and the ability to push for the elimination of inconvenient regulations.

Persons: Elon Musk, Donald Trump, Jim Watson, Elon, Trump, Musk's SpaceX, Musk, surrogates, Tony, Cantor Fitzgerald, Howard Lutnick, Lutnick, Biden, Tesla, Sergio Flores, Geoff Orazem, Orazem, Vladimir Putin, Xi Jinping, Bill Nelson, Putin, Tenet, JD Vance Organizations: Republican, Afp, Getty, Trump, U.S, Tesla, SpaceX, Twitter, Department of Government, SEC, Environmental Protection Agency, Federal Aviation Administration, IRS, Microsoft, Meta, U.S . Army, National Security Agency, FedScout, NASA, U.S . Air Force, Space Force, Federal Emergency Management Agency, National Labor Relations Board, Street Journal, NBC News, Tenet Media, Department of Justice, Putin, Kremlin, PAC Locations: Butler , Pennsylvania, Lago, Pennsylvania, China, Hurricane, New, Puerto Rico, Meta, U.S, Taiwan, Russian, Ukraine

☆ Trump's advisors are laying out plans on how to end the war in Ukraine
▼ + stars: | 2024-11-07 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +5 min

Donald Trump has previously said he could end the war in Ukraine in a day, but never detailed how. Trump's advisors have reportedly set out plans, including setting up a demilitarized zone. AdvertisementDonald Trump is the new US president-elect — and his advisors are laying out plans on how to end the war in Ukraine, according to The Wall Street Journal. Under that plan, Ukraine would also pledge not to join NATO for at least 20 years in exchange for continued US weapons deliveries, they said. Trump has repeatedly said he could end the war in Ukraine within 24 hours by forcing Russia and Ukraine to negotiate a peace deal — but has never detailed how he would go about it.

Persons: Donald Trump, —, JD Vance, Shawn Ryan, Vance, Trump, Vladimir Putin, Volodymyr Zelenskyy, Joe Biden's, Keith Kellogg, Fred Fleitz, Fleitz, Putin doesn't, Steven Cheung, Donald Trump's, didn't, Kurt Volker, Putin, Volker Organizations: Street Journal, Trump, Service, Wall Street, NATO, UN, Ukraine wouldn't, Kyiv, National Security, Reuters, Fox News, of America, Kyiv Independent Locations: Ukraine, Trump, Russia, Russian, Germany, Mar, Lago , Florida

While on the campaign trail, Trump threatened retribution against some tech companies, including jailing Meta's chief, Mark Zuckerberg. "That is likely to have devastating consequences for US tech companies that sell in foreign markets as well as crippling domestic consumption." Hay said that while most presidents wouldn't have any say on existing cases, "Trump is a bit more of a wild card." AdvertisementBut still, he said, new guidelines wouldn't have much impact on the biggest tech companies. There are fears that if H1-Bs are restricted under the second Trump administration, the US could lose its competitive edge on the world stage.

Persons: Donald Trump, —, Trump, Elon, marveling, — Musk, jailing, Mark Zuckerberg, Zuckerberg, Mark Lemley, Lemley, GlobalData's Neil Saunders, Chris Walton, Walton, there's, George Hay, Hay, wouldn't, Kamala Harris, Dan Romanoff, Joe Biden, Anna Rathbun, Biden, he's, Rathbun, James Brundage, Saunders, Valerie Wirtschafter, Harris, Romanoff, Wirtschafter Organizations: Trump, Big, Service, SpaceX, Big Tech, Google, Justice Department, Department, Barclays, Stanford Program, Law, Science & Technology, Business, Retail, Target, Apple, Cornell University, Republicans, Morningstar, AT, Time Warner, Republican, Walmart, Brookings, Artificial Intelligence, Emerging Technology Initiative Locations: Americas

☆ Meet the Press – November 3, 2024
▼ + stars: | 2024-11-03 | by ( ) www.nbcnews.com time to read: +55 min

KRISTEN WELKER:As the 2024 election nears the finish line, Vice President Kamala Harris and former President Donald Trump make their last appeal to voters. Vice President Harris and former President Trump and their surrogates are making their closing arguments. North Carolina was the state former president Trump won in 2020 by the smallest margin and both candidates held events there on Saturday. I asked, what is his message to women who are thinking about voting for Vice President Harris. Today, Vice President Harris is in Michigan working to shore up the blue wall, her simplest path to winning the White House.

Persons: KRISTEN WELKER, PRES, KAMALA HARRIS, FMR . PRES, DONALD TRUMP, Kamala Harris, Donald Trump, Steve Kornacki, Liz Cheney, Let's, TONY HINCHCLIFFE, Raphael Warnock of, Doug Burgum, Chuck Todd, Cristina Londoño Rooney, Marc Short, Mike Pence, Jen Psaki, Kristen Welker, . PRES, Harris, Trump, Biden, haven't, Will Nikki Haley, hasn’t, Kamala, TIM WALZ, Donald Trump's, SEN, JD VANCE, FMR, MICHELLE OBAMA, She's, Hurricane Helene, NBC's Dasha Burns, DASHA BURNS, Kristen, Ann Selzer, “, we've, Dasha, We're, Alcindor, YAMICHE, STEVE KORNACKI, Harris ., They've, she's, Joe Biden's, Steve, they've, We've, –, Raphael Warnock of Georgia, Warnock, Press . SEN, RAPHAEL WARNOCK, It's, Martin Luther King Jr, Barack Obama, I've, I’ve, we're, They're, Governor Burgum, DOUG BURGUM, Nikki Haley, NIKKI HALEY, they're, Trump's, I'm, he's, Emerson, Iowa that's, I'd, Trump hasn't, It’s, Biden's, There's, Burgum, JEN PSAKI, Chuck, hasn't, CHUCK TODD, who's, – KRISTEN WELKER, she’s, Harris isn't, Jen, that's, Cristina, let's, CRISTINA LONDOÑO ROONEY, They’re, Obama, there's, o’clock, Clinton, JD Vance, RUDOLPH, MAYA RUDOLPH, we'd, Hillary Clinton, Marc, We'll, it's Organizations: FMR, NBC, Puerto Rico, Trump, Democratic, Republican, Washington, Telemundo, Staff, White House Press, Press, Rockefeller, Des Moines Register, NBC News, DONALD TRUMP : Georgia, GOV, TIM, FIRST, United States Capitol, Des Moines, White, Muslim, National, Black, Press ., Ebenezer Baptist Church, New York Times, Central, American, UN, Penn State football, Madison, –, Iowa, Republicans, oversampled, Puerto Ricans, Obama, it's, Democratic Party Locations: America, FMR ., United States, Puerto Rico, Raphael Warnock of Georgia, North Dakota, New York, ., Wisconsin, North Carolina, Pennsylvania, ELON, Hurricane, Greensboro, Iowa, Michigan, Detroit, East Lansing, Dearborn , Michigan, Gaza, Arizona, Des, Washington, Ebenezer, Georgia, Trump's, Puerto Rican, Madison, Korea, Ukraine, Israel, Iran, American, Pennsylvania , Wisconsin, Kansas, Puerto, Puerto Ricans, Trump, , Wisconsin, it's New Hampshire, New Hampshire

☆ How a Trump or Harris presidency could impact the future of AI
▼ + stars: | 2024-10-31 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +9 min

Business Insider spoke to five experts about what a Trump and Harris presidency would bring for AI. AdvertisementReese worked at the Department of Homeland Security during the final year of the Trump administration. "When I worked under the Trump administration, there was actually quite a bit of activity, they were very active," he said. Whether Trump or Harris wins the White House, Etzioni and Bailey said that having AI experts in the administration is crucial. Among the few upsides Bailey sees to Biden's executive order is the call to have agencies appoint AI directors.

Persons: Trump, Harris, —, Kamala Harris, Donald Trump, Darrell West, John Bailey, Biden, Taylor Swift, Trump hasn't, Joe Biden, overreach, Nicholas Reese, Bailey, Biden's, Megan Shahi, Oren Etzioni, Etzioni, Joe Biden's, Reese, they're, Shahi, — Bailey, Tony West, Uber — Harris Organizations: Big Tech, Service, White, Business, Center for Technology Innovation, Brookings Institute, American Enterprise Institute, New York University, Emerging Technology, Department of Homeland Security, Technology, Center for American Progress, Allen Institute, Republican, Security, China, Trump, National AI Research, Harris Locations: California

☆ What Trump's own words tell us about what a White House win could mean for Ukraine
▼ + stars: | 2024-10-26 | by ( Chris Panella | ) www.businessinsider.com time to read: +8 min

Trump's comments on the war in Ukraine have raised questions about how he'd handle it if he won reelection. Here are the possible scenarios in the war should Trump win the White House again. AdvertisementFormer President Donald Trump talks a lot about Russia's war in Ukraine, often making bold assertions about what he would do if he again won the White House. Mick Ryan, a retired major general and a prominent Ukraine war watcher, said many options are on the table. She also said that "if Donald Trump were president, Putin would be sitting in Kyiv right now."

Persons: Trump, he'd, Putin, —, Donald Trump, He's, Mick Ryan, Carl Court, Vladimir Putin, Volodymyr Zelenskyy, SERGEY SHESTAK, would've, Seth Jones, DIMITAR DILKOFF, Biden, Zelenskyy, I've, There's, JD Vance, YASUYOSHI CHIBA, Vladimir, Roman PILIPEY, Trump hasn't, Kamala Harris, hasn't, Harris, Anna Moneymaker, Jens Stoltenberg Organizations: Trump, White, Service, Republican, Getty, International Security Program, Center for Strategic, International Studies, Ukraine, Getty Images, Wall, NATO, Democratic Locations: Ukraine, Zelenskyy, Russia, Crimea, Kyiv, Moscow, Georgia, AFP, North Carolina, ceasefires

☆ Mark Cuban says 'It's the Harris campaign vs. Elon,' not Trump
▼ + stars: | 2024-10-21 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +4 min

Vice President Kamala Harris is campaigning for president against Elon Musk at least as much as she is against former President Donald Trump, Mark Cuban said Monday, as he advocated for the Democratic nominee as the pro-business choice. "It's the Harris campaign versus Elon, not even versus Trump," the billionaire investor and former "Shark Tank" host said on CNBC's "Squawk Box." Cuban's remarks were the latest volley between the two billionaires, who have taken on increasingly prominent campaign roles while ramping up attacks against each other. Asked for his view on the latest polls, which broadly show a neck-and-neck race between Harris and Trump, Cuban said, "Nobody really knows, and so really it comes down to get out the vote." "And the crazy thing is, it's the Harris campaign versus Elon, not even versus Trump," said Cuban.

Persons: Kamala Harris, Elon Musk, Donald Trump, Mark Cuban, Harris, Cuban, Cuban's, Musk, Trump, wasn't, Donald Trump hasn't, Stephen Miller Organizations: Elon, Democratic, Trump, Tesla, SpaceX, PAC, GOP, Cuban, CNBC, America PAC, Cost Locations: Cuban, Pennsylvania, Taiwan

☆ Trump or Harris? Here are the 2024 stakes for airlines, banks, EVs, health care and more
▼ + stars: | 2024-10-13 | by ( Hugh Son | ) www.cnbc.com time to read: +18 min

Former President Donald Trump and Vice President Kamala Harris face off in the ABC presidential debate on Sept. 10, 2024. The previous Trump administration didn't pursue those types of consumer protections. In contrast, Democrats, including Harris, have historically supported EVs and incentives such as those under the Biden administration's signature Inflation Reduction Act. Meanwhile, Harris, if elected, can build on existing efforts of the Biden administration to deliver savings to more patients, they said. Trump also led multiple efforts to repeal the Affordable Care Act, including its expansion of Medicaid to low-income adults.

Persons: Donald Trump, Kamala Harris, he's, Harris, Joe Biden's, Trump, Pete Buttigieg, Jonathan Kletzel, didn't, — Leslie Josephs Banks Big, JPMorgan Chase, Biden, Tobin Marcus, it's, Sen, JD Vance, they're, Lindsey Johnson, Hugh Son, Pablo Di Si, EVs, Joseph Spak, Harris hasn't, Mike Wayland, Drugmakers, Trump hasn't, Mariana Socal, Annika Kim Constantino, David Zaslav, John Malone, Time Warner, Simon, Simon & Schuster, Marc DeBevoise, Jonathan Miller, Elon Musk's, Musk, I'm, MAGA, I'm Dark MAGA, —, TikTok, — Lillian Rizzo, Alex Sherman, Michael Lynn, — Amelia Lucas Organizations: ABC, Getty, U.S, Trump, Treasury, Justice Department, Federal Trade Commission, Consumer Financial, Bureau, CNBC, The Biden Department of Transportation, Democratic, American Airlines, JetBlue Airways, Spirit Airlines, Industry, Boeing, JPMorgan, Securities and Exchange Commission, Currency, Federal Deposit Insurance Corporation, Biden, Wolfe Research, Bank, Republican, Bankers, Democratic Party, Consumer Bankers Association, Republicans, Volkswagen Group of America, Automotive News, Environmental Protection Agency, UBS, Mike Wayland Health, Commonwealth Fund, Medicare, Johns Hopkins Bloomberg School of Public Health, Annika Kim Constantino Media, Paramount Global, Skydance, Warner Bros, Discovery, Allen & Co, Sun, Media, Disney, Fox Corp, Time, Simon &, Random, MGM, FCC, Integrated Media, Twitter, Capitol, White, Lawmakers, Meta's Facebook, Alex Sherman Restaurants, National Restaurant Association, National Labor Relations Board, Social Security, Washington Post, Cornell University Locations: United States, PwC, JetBlue's, U.S, China, Ohio, Michigan, California

☆ Jamie Dimon: No, I haven't endorsed Donald Trump
▼ + stars: | 2024-10-04 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

Jamie Dimon denied Donald Trump's claim that the JPMorgan Chase CEO had endorsed him. AdvertisementJamie Dimon hasn't endorsed Donald Trump — despite what the former president wrote on social media. The Republican presidential nominee posted a photo on Truth Social on Friday of Dimon with a caption above reading, "New: Jamie Dimon, the CEO of JPMorgan Chase, has endorsed Trump for President," beside a red siren emoji. But a spokesperson for JPMorgan Chase told Business Insider, "Jamie Dimon has not endorsed a candidate." Advertisement"I have a lot of respect for Jamie Dimon," Trump told the outlet, adding that, "He is somebody that I would consider, sure," when Bloomberg suggested the possibility of offering Dimon the role of Treasury Secretary.

Persons: Jamie Dimon, Donald Trump's, Trump, Dimon, Elon, —, Jamie Dimon hasn't, Donald Trump —, JPMorgan Chase, Tesla, Elon Musk, Mark Cuban, Kamala Harris, — Dimon, he'd, Nikki Haley, Trump's, CNBC's Organizations: JPMorgan Chase, Service, Republican, JPMorgan, Business, SpaceX, Trump, Democratic, Bloomberg Businessweek, Bloomberg, NATO, CNBC, TV18, White Locations: China

☆ A researcher who studied Trump's plans to control the Fed said it could tank the economy
▼ + stars: | 2024-09-29 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +5 min

Economists at the Peterson Institute studied what would happen if Trump undermined Fed independence. The study's lead researchers dug into the economic impact of three of Trump's campaign promises: mass deportations, tariffs, and eroding Fed independence. Though Trump promises an America First economic agenda, McKibbin said that taking control of the Fed would get him the opposite results. AdvertisementHe doesn't think the public is paying enough attention to the risks of Trump's Fed proposals or the overall murkiness of the candidates' economic policy. "If you're going to advocate a policy, there has to be evidence as to why you're advocating that policy," McKibbin said.

Persons: Trump, —, Warwick McKibbin, McKibbin, Jerome Powell, Trump hasn't, they're, Kamala Harris, Harris Organizations: Peterson Institute, Fed, BI, Service, Federal, Peterson Institute of International Economics, Trump, PIIE, Business, Wall Street Journal, Biden Locations: China, Canada, Mexico, Australia, America

☆ The Fed's interest-rate cut put Trump even more at odds with the central bank
▼ + stars: | 2024-09-19 | by ( Ayelet Sheffey | Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

On Wednesday, the Federal Open Market Committee announced an interest-rate cut of 50 basis points, the first cut Americans have received in over four years. AdvertisementHe's argued in the past that the Fed would only cut rates close to the election to aid Democrats, which he reiterated leading up to the central bank's announcement. Trump sought to use his presidential power to appoint members to the Fed board who supported his unorthodox views of the central bank. Trump has flip-flopped his views on his most important appointment to the Fed: Powell. Trump's tepid support of Powell underlines just how mercurial he can be when it comes to the central bank.

Persons: —, Donald Trump isn't, Jerome Powell, Trump, they're, He's, Powell, Judy Shelton, Shelton, Sen, Susan Collins, Herman Cain, Stephen Moore, Michelle Bowman, Christopher Waller, he's, reappoint Powell, Trump hasn't Organizations: Service, Federal, Market Committee, Democratic, Business, Federal Reserve, Street, Trump, Bloomberg, Fox, Fed, Governors, Maine Republican, Fed Board, Bloomberg News Locations: New York, Michigan, Maine

☆ Donald Trump is going all-in on the crypto bro vote
▼ + stars: | 2024-09-17 | by ( Grace Eliza Goodwin | Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

Read previewFormer President Donald Trump is taking his courtship of the crypto industry to the next level. "If we don't do it, China will do it," Trump told Sarmad, referring to making cryptocurrency mainstream. Ahead of the Monday livestream, Trump said he would use the event to launch his latest business venture: a new crypto-banking platform called World Liberty Financial. During the Monday livestream, Trump credited his changing perspective on crypto to his NFTs' positive response. During the Monday livestream, Trump took a scaremongering approach, encouraging crypto lovers to vote for him lest they court hostility from the US Securities and Exchange Commission.

Persons: —, Donald Trump, Web3, Trump, Sarmad, Chase Herro, Zach Witkoff, Steve Witkoff, Trump's, Donald Jr, Eric, Barron, Don Jr, Kenneth Niemeyer, hocking NFTs, Joe Biden, poising, you'd, bitcoin, Kamala Harris Organizations: Service, Republican, Business, Liberty, Liberty Financial, CNBC, Trump, New York Times, US Securities and Exchange Commission, Analysts, Fox Business Locations: China, Nashville, United States, cryptocurrencies

☆ Trump spent the weekend flying around America on a plane previously owned by Jeffrey Epstein
▼ + stars: | 2024-08-12 | by ( Jacob Shamsian | Graham Rapier | ) www.businessinsider.com time to read: +6 min

Read previewDonald Trump took several trips over the weekend on a private jet once owned by Jeffrey Epstein. That Gulfstream jet also once carried Jeffrey Epstein, who used the tail number N212JE while he owned it, up until his death in 2019. AdvertisementAccording to public flight records, the Gulfstream jet flew on Friday afternoon from Ontario International Airport in Canada to an airport in Bozeman. It's unclear whether Trump or anyone on his campaign knew the plane was once owned by Epstein. Epstein owned at least five different private planes before his death.

Persons: —, Donald Trump, Jeffrey Epstein, Jackson, Epstein, Trump hasn't, Mitch Williamson, Trump, didn't, James L, Williamson, Anna Moneymaker, Prince Andrew, Bill Clinton, Kevin Spacey, Naomi Campbell, Marla Maples, Eric, Tiffany Trump Organizations: Service, Gulfstream, Trump, Trump Force, Business, Federal Aviation Administration, JetBlue, International Air Transport Agency, FAA, Boeing, Gulfstream G550, US, Ontario International Airport, Gulfstream GV, Frontier Enterprises, Republican, Federal, Commission, Miami Herald, N550GP, Aviation Group, Aviation, Hawker Siddeley HS, British Aerospace, Daily Mail, Trump Organization, Records Locations: Aspen, Paris, New, Teterboro, WN, Billings , Montana, Bozeman, Canada, Wyoming, Colorado, Ontario, Manhattan, Palm, California, Palm Beach and New York City

☆ Trump says his teen son Barron told him he needed to go on streamer Adin Ross' show
▼ + stars: | 2024-08-06 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +4 min

Read previewIt appears that former President Donald Trump's teenage son Barron has become his de-facto Gen Z advisor. Trump said that his 18-year-old son influenced his decision to interview high-profile streamer Adin Ross. Advertisement"My sons told me about you," Trump said to Ross later in the interview, adding that Barron told him: "Dad, he's really big." Halfway through the interview, Ross unveiled the first of two goodies he said he was gifting Trump — a gold Rolex watch. Related storiesThe stream ended with Ross and Trump streaming from the Cybertruck as "YMCA" played them out.

Persons: —, Donald Trump's, Barron, Trump, Ross, he's, Ross —, Barron Trump, gifting Trump, that's, Andrew Tate, influencer Logan Paul, Kamala Harris isn't, Kamala, XCX, Olivia Rodrigo, Cardi, Megan Thee Stallion Organizations: Service, Business, Trump, Rolex, YMCA, YouTube, NBA, Facebook, NBC, Democratic, Business Insider Locations: Florida, Elon, Atlanta

☆ Why Elon Musk Is Supporting Donald Trump: to Save Tesla From Disaster
▼ + stars: | 2024-07-28 | by ( Linette Lopez | ) www.businessinsider.com time to read: +11 min

As market competition heated up, Tesla started cutting prices, which turned into an industrywide price war that Tesla isn't winning. It's a steep fall, considering Tesla's share of the EV market used to be as high as 80%. Critics balked, but Musk assured the Tesla community that this was the only strategy to save the company. Musk is looking for ways to buy time for Tesla — and one of those ways is to get Trump elected. Preserving Tesla's market position is imperative until he can conjure another product that people are excited to buy.

Persons: Elon Musk, Donald Trump —, Tesla, Trump, Joe Biden's, Kelley Blue, Musk, Ford, —, Critics, shouldn't, ZEV, Steve Granitz, Vaibhav Taneja, China's, Elon — Organizations: Elon, Trump, Tesla, White, EV, GM, Getty Images Trump, PAC Locations: China, USA, Shanghai

☆ JD Vance says deporting 20 million people is part of the solution to high housing costs
▼ + stars: | 2024-07-17 | by ( Eliza Relman | ) www.businessinsider.com time to read: +5 min

Read previewOhio Sen. JD Vance, former President Donald Trump's VP pick, has made his hawkish views on immigration central to his transformed political persona. In the past, Vance has also blamed the housing affordability crisis largely on high interest rates. AdvertisementThe Trump-Vance housing policy recordTrump hasn't talked much about housing policy on the campaign trail, despite arguing that Biden hasn't done enough to control housing costs. AdvertisementTrump doesn't support upzoning to legalize denser housing construction in low-density neighborhoods — a key part of the solution to the housing supply shortage, according to experts. He claimed Biden wanted to "abolish" the suburbs by encouraging more affordable housing construction.

Persons: —, Ohio Sen, JD Vance, Donald Trump's, Vance, Trump, Biden, Trump's, hasn't Organizations: Service, Business, NPR, Department of Housing, Urban Development, Center, Budget, HUD, Trump Locations: Ohio, Mexican

☆ Trump hasn't contacted the family of his supporter who died during the assassination attempt, his wife told the New York Post
▼ + stars: | 2024-07-16 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

Read previewThe wife of Corey Comperatore, the man who was killed during the assassination attempt on former President Donald Trump, told The New York Post in an interview on Monday that the former president had not yet contacted her since the shooting on Saturday. Corey Comperatore, a 50-year-old former fire chief from Pennsylvania, was a supporter of Trump and attended the rally with his wife and daughters. Helen Comperatore told the outlet that, at that point, she had not heard from Trump. Helen Comperatore told the Post her family did receive a call from President Joe Biden, but that she did not speak with him. She told the Post she is voting for Trump but that she is not very involved in politics.

Persons: —, Corey Comperatore, Donald Trump, Helen Comperatore, Trump, Biden, Sen, JD Vance, Ohio, Joe Biden, Vance Organizations: Service, New York, Trump, Business, The New York, United States Secret Service, Republican National Committee, GOP, Republican, FBI Locations: Pennsylvania, Trump, Butler , Pennsylvania, Milwaukee

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