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☆ Inside the guidance high-net-worth individuals are getting from money managers ahead of elections
▼ + stars: | 2024-09-11 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

The top 1% aren't the only ones with a target on their backs: Those in the $400,000 to $1 million income bracket could see their capital gains tax rise under her. There has also been concern about whether the step-up in basis, a provision that adjusts capital gains taxes for inherited assets, could be repealed. A 1031 Exchange is popularly used to sell and buy investment property while deferring capital gains tax until future generations inherit it. Once they do, a step-up basis can be used to dismiss those previous capital gains taxes. AdvertisementAs for any impacts from the Trump administration, unilateral trade sanctions and tariffs would hurt the economy and be depressive to the market, Malek said.

Persons: Donald Trump's, Kamala Harris, Kent Smetters, it's Harris, Smetters, Harris, Mark Malek, Siebert, Malek, Mike Reynolds, Reynolds, Harris hasn't, Trump, Sandi Bragar Organizations: Service, Democratic, Penn Wharton Budget, Business, Biden, Nvidia, Fund Locations: Wall, Washington, Rhode Island , New York , California, Nebraska , Indiana , Wyoming, China

PHILADELPHIA — Former President Donald Trump said Tuesday that his biggest challenge in debating Vice President Kamala Harris is that she has shifted her positions on so many issues. She's changed all of her policies over the years," Trump told NBC News in a phone interview Tuesday morning hours before the debate here. He added, however, that he believes that makes it "easier" to define her in the minds of voters. Three sources who speak to Trump regularly, including one directly involved in the debate prep process, described Trump as either nervous or disengaged with debate preparation in the past few weeks. Trump, too, has frequently shifted his positions over the years, including on issues like abortion, TikTok and even birtherism.

Persons: Donald Trump, Kamala Harris, She's, Trump, It's Harris, —, Harris, he's, Sen, Bernie Sanders, Donald Trump’s Organizations: PHILADELPHIA, NBC News, ABC, NBC

☆ Nate Silver on the 2024 race: 'It's no longer Trump's election to lose.'
▼ + stars: | 2024-08-14 | by ( Peter Kafka | ) www.businessinsider.com time to read: +7 min

And when Hillary Clinton lost the 2016 election, after Silver gave her a 71% chance of winning, he became the subject of much (misplaced) scorn. But the rest of the world wants to know who Silver thinks is going to win the 2024 election. It's no longer Trump's election to lose. And so if it's Harris 80/20 and Trump wins, or Trump 80/20 and Harris wins on election day, then that's running some career risk. With hindsight, do you make sense at a big company, or do you think you're better as a solo act?

Persons: —, Nate, Hillary Clinton, Silver, Sam Bankman, Sam Altman —, I'm, Harris, Kamala Harris, You've, it's, we've, She's, Tim Walz, she'd, Biden, It's someone's, Hilary Clinton, Trump, Clinton, It's, it's Harris, you've, … Organizations: Service, NBA, Business, Biden, Trump, Libertarian, Party, New York Times, Disney — Locations: It's

☆ Vice President Harris will face doubts and dysfunction at the Southeast Asian nations summit
▼ + stars: | 2023-09-05 | by ( ) www.cnbc.com time to read: +6 min

It's Harris' third trip to Southeast Asia and fourth to Asia overall, and she's touched down in more countries there than any other continent. This latest journey is another opportunity for Harris to burnish her foreign policy credentials as she prepares for a bruising campaign year. Her office has not yet detailed her schedule, but she's expected to attend summit events and hold individual talks with some foreign leaders. U.S. officials and analysts believe Beijing's aggressive approach to the region has created an opening for Washington to forge stronger partnerships. Stilwell served as the assistant secretary of state for the Bureau of East Asian and Pacific Affairs under President Donald Trump.

Persons: Kamala Harris, Loy, Kent Nishimura, she'll, Joe Biden's, It's Harris, she's, Harris, She's, Biden, John Kirby, he's, Marty Natalegawa, Natalegawa, Kirby, Phil Gordon, there's, Gordon, Ian Chong, It's, Gregory B, Poling, David Stilwell, Stilwell, Donald Trump Organizations: Cabinet, Association of Southeast Asian Nations, U.S ., ASEAN, Loy Henderson International Conference, U.S . Department of State, Los Angeles Times, Getty, Democratic, Republican, White House, of Southeast Asian Nations, Washington, National University of Singapore, Center for Strategic, International Studies, Bureau, East, Pacific Affairs Locations: U.S, Washington , DC, Southeast Asia, Jakarta, Indonesia, Asia, Washington, India, Vietnam, Myanmar, South China, United States, China, Philippines, Cambodia, South, Beijing, People's Republic of China, East Asian

☆ Indiana Jones hits theaters for one last adventure, but box office prospects look shaky
▼ + stars: | 2023-06-30 | by ( Sarah Whitten | ) www.cnbc.com time to read: +5 min

It's Harrison Ford's final bow as the boulder-dodging, whip-wielding, Nazi-punching Indiana Jones. On Friday, "Indiana Jones and the Dial of Destiny" arrives in theaters, marking the fifth and likely final chapter in the Lucasfilm movie franchise. Previous Indiana Jones installments, released in the 1980s, saw significantly lower box office openings because tickets were significantly less expensive at that time and the films were released in fewer theaters. Despite a solid opening, the fourth Indiana Jones film tallied only $317 million domestically. The lackluster audience response resulted in a pause in future films, including the potential for a spinoff featuring Shia LaBeouf as Indiana Jones' son Mutt Williams.

Persons: It's Harrison, Indiana Jones, Steven Spielberg hasn't, John Williams, James Mangold, Logan, Ford, LaBeouf, Mutt Williams, Disney, Shawn Robbins, weren't, Robbins, we're, NBCUniversal Organizations: Lucasfilm, Disney, Cannes Film, Guardians, Galaxy, Ferrari, Indiana Jones, Paramount Pictures, Star, Ford, Hollywood, Comcast, CNBC, Rotten Locations: Nazi, Kingdom, North America, NBCUniversal

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