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Jonathan Gray, president and chief operating officer of Blackstone Inc., from left, Ron O'Hanley, chief executive officer of State Street Corp., Ted Pick, chief executive officer of Morgan Stanley, Marc Rowan, chief executive officer of Apollo Global Management LLC, and David Solomon, chief executive officer of Goldman Sachs Group Inc., during the Global Financial Leaders' Investment Summit in Hong Kong, China, on Tuesday, Nov. 19, 2024. An "industrial renaissance" in the U.S. is fueling demand for capital, Marc Rowan, CEO of Apollo Global Management said at the Global Financial Leaders' Investment Summit in Hong Kong. "There is so much demand for capital, [including through debt and equity] ... What's going on is nothing short of extraordinary," Rowan said on Tuesday during a panel discussion. "What we're watching is this incredible demand for capital happening against a backdrop of a U.S. government that is running significant deficits. Rowan and other panelists also identified energy and data centers — needed for artificial intelligence and digitization — as growth sectors requiring more capital.
Persons: Jonathan Gray, Ron O'Hanley, Ted Pick, Morgan Stanley, Marc Rowan, David Solomon, What's, Rowan, Donald Trump Organizations: Blackstone Inc, State Street Corp, Apollo Global Management LLC, Goldman Sachs, Inc, Global Financial, Investment, Apollo Global Management, Blackstone Locations: Hong Kong, China, U.S
AdvertisementIndian billionaire Gautam Adani has been charged in a massive bribery scheme. Adani and his executives convinced US investors to buy bonds on false promises, prosecutors allege. Prosecutors brought bribery charges against billionaire Gautam Adani, one of the richest people in India, alleging the business magnate and seven of his senior executives paid hundreds of millions of dollars in bribes to the Indian government and hid them from US investors. Gautam Adani, the founder and chairman of Indian conglomerate Adani Group, is estimated to be worth more than $85 billion, according to Bloomberg. Adani and his executives convinced US investors to buy bonds in one of the companies using false promises, prosecutors allege.
Persons: Gautam Adani, Adani, Sagar, Gautam, Sagar Adani, Sanjay Wadhwa Organizations: New, SEC, Adani, Bloomberg Locations: India, New York, SEC's
And when it comes to Thanksgiving food, it seems Americans are getting relief on their grocery bills this year following a few years of escalating costs. The national average cost for a 16-pound turkey is down 6% from 2023, according to the Farm Bureau. Overall turkey prices have decreased about 4% in the past year, according to the consumer price index. Farmers raised about 205 million turkeys in 2024, down 6% from 2023, according to the U.S. Department of Agriculture. The aggregate impact has been lower turkey prices.
Persons: Robin Wenzel, Bernt Nelson, Nelson, Monty Rakusen, That's, , Robin Wenzel Wells, Wenzel Organizations: American Farm Bureau Federation, Farm Bureau, Deloitte, Finance, Food Institute, Farm, Farmers, U.S . Department of Agriculture, Digitalvision, Getty, Food, USDA Locations: Wells, Turkey, U.S, Ukraine
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSteve Forbes: Certain the new Trump administration will 'reduce trade barriers'Steve Forbes of Forbes Media expects Trump's new administration to start negotiating better trade deals with other countries and allow the U.S. to become a major energy exporter.
Persons: Steve Forbes, Trump Organizations: Forbes Media
Colorado River water flowing through an aqueduct next to a dry alfalfa field in September. Bike riders pedal past a section of the Colorado River east of Glenwood Springs, Colorado, in September. “We will try to make as much progress as we can in the days that remain in the Biden administration,” he said. There are also unknowns in the incoming Trump administration. The Biden administration “can start that process, and it will be Trump to finish it,” the stakeholder representative said.
Persons: CNN —, Biden, Donald Trump, It’s, Mary, Joe Biden’s, Allen J, , Tom Buschatzke, , Powell, Ali Zaidi, J, Trump, Doug Burgum Organizations: CNN, West, UCLA, Los Angeles Times, Interior Department’s, Reclamation, North Dakota Gov, of Reclamation, , Trump Locations: Colorado, New Mexico , Utah, Wyoming, Arizona , California, Nevada, Mead, Hoover, Glenwood Springs , Colorado, Denver
In today’s edition, White House correspondent Mike Memoli files a dispatch from Rio de Janeiro on President Joe Biden's final international summit. Biden fades into the background at his final international summitsBy Mike MemoliRIO DE JANEIRO — President Joe Biden’s final international summits almost certainly would have played out differently had the elections back home gone as he had hoped. But President-elect Donald Trump cast a long shadow over a seemingly humbled Biden as he bid farewell to his counterparts here. Read more → 🥊 Democrats’ next fight: Minnesota Democratic Party Chairman Ken Martin became the second candidate to jump into the race to lead the Democratic National Committee. Read more →Minnesota Democratic Party Chairman Ken Martin became the second candidate to jump into the race to lead the Democratic National Committee.
Persons: Mike Memoli, Joe Biden's, Steve Kornacki, Biden, Joe Biden’s, Donald Trump, , Trump, , Xi Jinping, Justin Trudeau, ” Trudeau, ” Biden, Joe Biden, Hillary Clinton, Clinton, It’s, Barack Obama, Dasha Burns, Dane, Kamala Harris, Steve, , edu, tim e Organizations: NBC, White House, Capitol, White, APEC, Canadian, Trump, , NBC News, Democratic, Republican, Hialeah, voters, Gwinnett, Biden, Trump’s, ics Locations: Rio de Janeiro, JANEIRO, Brazil, Peru, China, Japan, South Korea, America, Lima, Rome, , Maricopa County , Arizona, Maricopa County, Maricopa, Phoenix, Maryvale, Miami, Dade County , Florida, Cuban, Venezuelan, Doral, Aventura, Gwinnett County , Georgia, The Atlanta, Atlanta, Norcross, Kent County , Michigan, Michigan, Trump, Washoe County , Nevada, Washoe County, Clark County, Erie County , Pennsylvania, Erie, Dane County , Wisconsin, Poli
And now, as Trump continues to fill out the upper echelons of his transition and administration, some key donors appear to be in the fray. Chris Wright, the Liberty Energy CEO tapped to be Trump’s energy secretary, gave the campaign and affiliated committees more than $235,000. Marc Rowan, the billionaire CEO of Apollo Global Management, gave $1 million to Right for America, a pro-Trump super PAC. The super PAC also ran a controversial program that gave away $1 million checks to swing-state voters who signed Musk's petition. (His father, Charles Kushner, who was pardoned by Trump, gave that same amount, plus another $1.2 million to a pro-Trump super PAC).
Persons: megadonors, Donald Trump's, Trump, Linda McMahon, McMahon's, Howard Lutnick, Lutnick, Chris Wright, Scott Bessent, Marc Rowan, Elon Musk, Musk, Ike Perlmutter, Jared Kushner, Trump's, Charles Kushner, Tim Mellon, Miriam Adelson, megadonor Sheldon Adelson Organizations: Trump's Small Business Administration, Trump, Inc, MAGA Inc, Commerce Department, Liberty Energy, NBC, Treasury Department, Apollo Global Management, Street, Treasury, America PAC, PAC, Marvel Entertainment, America, Dallas Mavericks Locations: America
DETROIT — Stellantis is delaying the launch of its Ram electric pickup trucks from this year until the first half of 2025, as the trans-Atlantic automaker continues testing the vehicles. CEO Carlos Tavares on Tuesday declined to disclose details about what caused the delays or specific timing on the electric trucks, which include an all-electric “REV” model and an extended-range “Ramcharger” that’s equipped with an electric generator and a gas engine. Stellantis’ upcoming electric pickups are the first that will be built on the company’s new “STLA Frame platform” for its larger trucks and Jeep SUVs. It is expected to be a “multi-energy platform” that’s capable of internal combustion engines and hybrids, as well as electric models using batteries, fuel cells and range-extended electric propulsion systems. Doing so would deliver on Trump’s campaign comments about removing such incentives and EV initiatives.
Persons: Carlos Tavares, ” Tavares, It’s, Stellantis, ” Stellantis, Donald Trump, Tavares, Trump Organizations: DETROIT, Atlantic, Dodge, Biden, EV Locations: U.S, ” Stellantis ’
Tuesday, November 19, 2024: Cramer on how geopolitical tensions could bolster this cybersecurity stockJim and Jeff discuss the the potential tailwinds for this cybersecurity stock. They also talk about the positive moves for this energy stock. Finally, they break down the latest news from this semiconductor stock.
Persons: Cramer, Jeff
Crude oil futures edged slightly lower on Tuesday, after rallying about 3% in the prior session on fears that the war between Ukraine and Russia is escalating. President Joe Biden has authorized Ukraine to use long-range missiles to hit targets in Russia in a major departure from Washington's previous position, according to media reports. ET:Stock market futures fell on the growing geopolitical tensions, with Dow futures down more than 200 points. President-elect Donald Trump campaigned on ending the war in Ukraine. Moscow's full-scale invasion of Ukraine roiled global energy markets in 2022 as European nations sought to end their dependence Russian natural gas.
Persons: Joe Biden, Vladimir Putin, Donald Trump Organizations: Dow Locations: Ukraine, Russia, Moscow's
A few years into being engaged, they decided against marriage but stayed together. Uthe, an entrepreneur, said the risk of divorce made her worried about the future of her business. While we both respect marriage, we ultimately decided it wasn't for us. It's made us firmer in our decision to stay together without marriage; we don't believe in pushing ourselves toward something we don't want. AdvertisementWe tell people we're like Goldie Hawn and Kurt Russell, who have been together for 40 years but never married.
Persons: Adrienne Uthe, Eric, Bumble, I've, who's, doesn't, we've, It's, Goldie Hawn, Kurt Russell, I'm Locations: Salt Lake City, Las Vegas, Utah
Cramer's Lightning Round: Amphenol is a 'terrific stock'
  + stars: | 2024-11-19 | by ( Julie Coleman | ) www.cnbc.com   time to read: 1 min
Stock Chart Icon Stock chart icon Freeport-McMoRan's year-to-date stock performance. Freeport-McMoRan : "I don't like the copper stocks, and copper doesn't yield a lot here...I just don't want to own." Stock Chart Icon Stock chart icon TransMedics' year-to-date stock performance. Stock Chart Icon Stock chart icon Amphenol's year-to-date stock performance. Stock Chart Icon Stock chart icon Devon Energy's year-to-date stock performance.
Persons: TransMedics, Devon Energy's Organizations: Devon, Devon Energy Locations: McMoRan's, McMoRan, Devon
AdvertisementX has added Twitch as a defendant in a suit accusing advertisers of colluding to withhold ad spend. Ad revenue on X has plummeted since Elon Musk acquired the platform in 2022. Elon Musk's X is suing Twitch, alleging that the Amazon-owned video streaming platform and other companies illegally conspired to boycott advertising on the platform formerly known as Twitter. Twitch, X, and the WFA didn't immediately respond to requests for comment made by Business Insider outside normal US business hours. Musk's own behavior on and off the platform — including famously telling advertisers who boycotted X to "go fuck yourself" — hasn't encouraged advertisers to place their budgets there, either.
Persons: Elon Musk, Elon Musk's, Twitch, Stephan Loerke, it's, Ørsted, Twitch —, X's, hasn't, Jim Jordan, Donald Trump's, Abraham Yousef, Yousef Organizations: Global Alliance of Responsible Media, Elon, Twitter, Federation, WFA, Business, Unilever, CVS Health, Twitch, Google, Committee, WPP, Diageo, Tower Locations: Texas, Ohio
Rafael Nadal: Farewell to the ‘King of Clay’
  + stars: | 2024-11-19 | by ( Matias Grez | ) edition.cnn.com   time to read: +16 min
Rafael Nadal serves during a French Open match in 2018. Frank Coppi/Popperfoto/Getty Images Nadal, 13, competes at a junior tournament in France in 2000. Alessia Pierdomenico/Pool/Getty Images Nadal, center, listens to the Spanish national anthem after winning gold at the Beijing Olympics in August 2008. Hannah Peters/Getty Images Nadal carries Spain’s flag during the Olympics opening ceremony in Rio de Janeiro in 2016. Clive Brunskill/Getty Images Nadal receives the Camino Real Award from Spain’s King Felipe in September 2022.
Persons: Rafael Nadal, Nadal, ” Roger Federer, , ” Novak Djokovic, “ I’ve, ” Serena Williams, , Carlos Moyá, Andy Roddick, Federer, ” Federer, Andre Agassi’s, Clay, Christophe Simon, Toni, Frank Coppi, Manuel Blondeau, Friedemann Vogel, Al Bello, Juan Carlos Ferrero, Tommy Robredo, Jordi Arrese, Carlos Moya, Clive Brunskill, Nick Laham, Mariano Puerta, Christophe Ena, AP, Roger Federer, Dani Cardona, Philippe Chatrier, Anja Niedringhaus, Simon Bruty, Alessia, Chile’s Fernando Gonzalez, Serbia’s Novak Djokovic, Behrouz Mehri, Andrew Brownbill, AP Nadal, Juan Martin del Potro, Djokovic, Andy Murray, Fernando Verdasco, Nikolay Davydenko, Robin Soderling, Julian Finney, David Ramos, Iker Casillas, Alex Livesey, David Saffran, Ho, David Ferrer, Charles Platiau, Reuters Nadal, Suzanne Plunkett, Jaime Reina, Hannah Peters, Franck Fife, Stan Wawrinka, Daniel Leal, Aly Song, Philippe Lopez, Adrian Dennis, Daniil Medvedev, Eduardo Munoz Alvarez, Maria Francisca Perello, Fundacion Rafa Nadal, Fred Lee, Alexander Zverev, Thomas Samson, Casper Ruud, Spain’s King Felipe, Jesus Hellin, Laver Cup Federer, Ella Ling, Shutterstock Nadal, ” Thibault Camus, Carl Lewis, Nadia Comăneci, Serena Williams, Alex Pantling, Spain's Carlos Alcaraz, Patricia de Melo Moreira, Manu Fernandez, Pete Sampras, Robin Söderling, Roland Garros, that’s, Alex de Minaur, Rafa, Taylor Fritz, , hadn’t Organizations: CNN, Davis, ATP, Spain, Nadal, Miami, Getty, Hamburg Masters, Miami Seaquarium, Team Spain, AP Nadal, Wimbledon, Federer, Spanish, Beijing, AP, FIFA, Qatar, Qatar Tennis Federation, Reuters, Paris Masters, Mallorca ”, AFP, Fundacion, Camino, Spain’s, Europa Press, Laver, Laver Cup, Paris Olympics, Spaniard, CNN Sport, Court, ” ATP Locations: Spanish, Spain, Netherlands, Mallorca, AFP, France, Germany, Palma , Spain, Monaco, Doha, Qatar, Ho New, Rio de Janeiro, Paris, London, Málaga
Jim Cramer weighs in on Liberty Energy
  + stars: | 2024-11-19 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Jim Cramer weighs in on Liberty Energy'Mad Money' host Jim Cramer takes a closer look at Liberty Energy after its CEO was tapped by Trump to take over energy department.
Persons: Jim Cramer Organizations: Liberty Energy, Trump
Mauro Pimentel/AFP/Getty ImagesThe moment was a fluke, the type of logistical error that’s almost inevitable at gatherings of almost two dozen world leaders. Yet it was difficult to ignore the impression it left: that Biden is disappearing from view as the world turns its attention to his successor. What members of Biden’s team have been willing to acknowledge is how little they actually know about what Trump and his team may be planning. In Lima and Rio de Janiero, Biden fielded no questions from the press and his aides spoke only off-camera. Reporters had opportunities to ask Biden questions at the G20 summit in Rome in 2021, in Bali in 2022, and in Vietnam in 2023, following the summit’s conclusion in India the prior day.
Persons: Joe Biden’s, Donald Trump, Trump, Biden, I’m, , ” Biden, he’s, Xi, India’s Narendra Modi, Turkey’s Recep Tayyip Erdoğan, Justin Trudeau, Mauro Pimentel, Erdogan, Trump’s, , ” Trump, Javier Milei —, , elect’s, ” Biden’s, Tulsi Gabbard, Pete Hegseth, Jake Sullivan, “ They’ll, White, Janiero, Sullivan, India’s Modi, Emmanuel Macron, Olaf Scholz, Barack Obama, Obama, we’re, ” Obama Organizations: Rio de Janeiro CNN, Trump, Biden, Canadian, Photographers, Getty, “ YMCA, Pentagon, White, Seven, NATO, Lima Convention Center, APEC Locations: Rio de Janeiro, South America, Peru, Brazil, AFP, Lago, Florida, America, Lima, Rio, Finland, Rome, Bali, Vietnam, India, France, Paris, Berlin, United States
Art on the auction blockA little more than half of Phillips, Christie’s and Sotheby’s sales — which will carry the three aforementioned art pieces — were based in New York, where 34 of the top 50 auction lots were sold in 2023, according to an Art Basel and UBS Art Market Report. Christie’s is auctioning 689 lots this week as part of the November art auctions. But Todd Levin of Levin Art Group was skeptical that tax cuts would do much for the art market. Interest ratesAnother drag on the art market over the last few years: high interest rates. A signal for what’s to comeNew York’s art auctions in the spring and fall could be a sign of things to come for the global art market, according to Woodham.
Persons: Maurizio Cattelan’s, , Andy Warhol’s “, Rene Magritte’s “, Sotheby’s, Phillips, Merrill Lynch, Donald Trump, Alex Glauber, ” Glauber, Christie’s, René Magritte, Marc Porter, Hiroko Masuike, Trump, bode, Todd Levin, “ It’s, Doug Woodham, , Fernando Botero's, Kena Batancur, Glauber, Amy Whitaker, , ” Whitaker Organizations: New, New York CNN, Andy Warhol’s “ New York Skyscrapers, of, Christie’s, Association of Professional Art Advisors, CNN, Art Basel, UBS Art, New York Times, UBS Survey, Global, Trump White, Levin Art, Federal Reserve, Trump, NYU Steinhardt Locations: New York, Belgian, Christie’s Americas, Woodham, AFP, Miami
AdvertisementTwo of the reported candidates for Treasury Secretary made their fortunes on Wall Street, including billionaire Apollo CEO Marc Rowan. Eligible federal appointees can defer capital gains taxes indefinitely when they sell stock or other assets in order to avoid a conflict of interest. As a top earner in New York, they would normally have to pay more than $3 million in capital gains taxes. The sum that would have been spent on capital gains taxes is now free to compound and grow. The IRS allows investors to defer capital gains taxes in other scenarios that are deemed outside their control.
Persons: Donald Trump's, Trump, Howard Lutnick, Cantor Fitzgerald, Major Trump, Chris Wright, Marc Rowan, Bush, Goldman Sachs, Henry Paulson, George H.W, Bob Willens, You've, Scott Bessent, frontrunners, eyeing Rowan, Kevin Warsh, Morgan Stanley, Warsh, Jane Lauder, Rowan, Ed Renn of Withersworldwide, Penny Pritzker, Mark Parthemer, Willens, Renn Organizations: Commerce, of Energy, Treasury, Executives, Columbia Business School, Federal Reserve, Government, IRS Locations: George H.W . Bush, New York
AP —Iran has defied international demands to rein in its nuclear program and has increased its stockpile of uranium enriched to near weapons-grade levels, according to a confidential report by the United Nations’ nuclear watchdog seen Tuesday by The Associated Press. Uranium enriched at 60% purity is just a short, technical step away from weapons-grade levels of 90%. The IAEA also estimated in its quarterly report that as of Oct. 26, Iran’s overall stockpile of enriched uranium stands at 6,604.4 kilograms (14,560 pounds), an increase of 852.6 kilograms (1,879.6 pounds) since August. Western diplomats consider censuring IranIran last week offered not to expand its stockpile of uranium enriched up to 60%, during a visit to Tehran by the IAEA chief, Rafael Mariano Grossi. In the past, Iran has responded to resolutions by the IAEA Board of Governors by further enhancing its nuclear program.
Persons: Donald Trump’s, Rafael Mariano Grossi, Grossi, Iran’s, Mohammad Eslami, Abbas Araghchi, Masoud Pezeshkian, , Eslami, Donald Trump Organizations: AP, United Nations, Associated Press, International Atomic Energy Agency, IAEA, Hamas, America, Agency, Governors, Atomic Energy Organization of, Iranian Locations: Iran, Israel, Gaza, Tehran, Iran Iran, Fordow, Vienna ., Atomic Energy Organization of Iran, Vienna, Isfahan
8 6 United States 4 2 European Union 1850 1900 1950 2000 2024 China Emissions per year 10 gigatons CO2-eq. 8 6 United States 4 2 European Union 1850 1900 1950 2000 2024 China Emissions per year 10 gigatons CO2-eq. That’s why historical emissions are often used as a gauge of responsibility for global warming. A question of moneyChina’s historical responsibility for climate change has become a major point of contention in global climate politics. Total historical greenhouse gas emissions Historical emissions per person Gigatons CO2-eq.
Persons: Jones, ” John Podesta, Ding Xuexiang, , Gaston Browne of Organizations: United, United States, Carbon, European Union, Union, Indonesia, India, Britain, Canada, Qatar Locations: United States, Europe, China, United Nations, Baku, Azerbaijan, Japan, Canada, Australia, Nations, India, Saudi Arabia, Africa, , Gaston Browne of Antigua, Barbuda, Russia, Brazil, European Union, Qatar
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Coterra Energy is far superior to Devon Energy'Mad Money' host Jim Cramer weighs in on stock including: Transmedics, Amphenol, and Devon Energy.
Persons: Jim Cramer Organizations: Coterra, Devon Energy
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer said he is "anticipating volatility" in the stock if the company doesn't deliver a clean print. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, We're, Jim, Coterra, Joe Biden, Donald Trump, We've, TJ, Stocks, Jim Cramer's Organizations: CNBC, Palo Alto Networks, Alto, Coterra Energy, TJX, Marshalls, Trump, Walmart Locations: Ukraine, Russia
Police in Australia charged former radio show host Alan Jones with 24 assault and sexual touching offences on Monday, indictments that followed accusations in a newspaper that Jones had assaulted young men for decades. Police allege the offences took place between 2001 and 2019 against 8 victims, some of whom Jones knew professionally or personally. He denied the assault allegations made against him last year by the Sydney Morning Herald newspaper. Jones had hosted radio shows for decades and anchored the popular Sydney breakfast show on radio station 2GB for about 18 years until 2020. After leaving 2GB, he worked at a digital start-up, but had been off the air since the Sydney Morning Herald allegations were made.
Persons: Alan Jones, Jones, Michael Fitzgerald, Scott Morrison, Jacinda Organizations: Police, New South Wales police, Reuters, Sydney Morning Herald, . Police, New Zealand, Wallabies national rugby union Locations: Australia, Sydney, New South Wales, New, Britain, Ireland
During a landmark visit to the Amazon rainforest on Sunday, President Joe Biden highlighted his climate legacy, declaring that no one can reverse America’s green transition as President-elect Donald Trump’s fossil-friendly policies loom large. Biden is the first sitting U.S. president to visit the world’s largest tropical rainforest, which plays a vital role in removing carbon dioxide from the atmosphere but is under growing threat from climate change. Speaking afterward at the Museum of the Amazon in Manaus, Brazil, Biden said the fight against climate change had been a “defining cause” of his presidency. Biden began his term by bringing the U.S. back into the Paris Agreement, an international treaty on climate change that his predecessor, Trump, had withdrawn from. Trump, a climate change skeptic, has said he will withdraw from the agreement again as well as loosen restrictions on oil and gas exploration.
Persons: Joe Biden, Donald Trump’s, Biden, Trump, ” Biden, , Organizations: Museum of, Trump, U.S Locations: Manaus, Brazil, United States, Paris
But whether they are measured by income or educational attainment, President-elect Donald Trump won working-class voters overall while he made strong gains among nonwhite working-class voters like Hispanics and Asian Americans. As recently as 2012, non-college-educated voters were splitting their votes evenly or even slightly in favor of Democrats. But that has left the party’s leaders, donors, operatives and other decision-makers more removed from the lives of low- and middle-income workers, some labor leaders say. But there is widespread frustration that Trump outflanked Democrats to position himself as a champion of working people, as well as dissatisfaction with Democrats not limited to white or male union members. But that policy was not enough to overcome larger societal forces that have led many working-class voters to doubt Democrats’ commitment to their well-being.
Persons: Joe Biden, Kamala Harris ’, , Brent Booker, Booker, ” Booker, Donald Trump, Harris, Barack Obama, Trump, Republican recoiled, , Jimmy Williams, Liz Schuler, Schuler, ” Sen, Bernie Sanders, Biden, Will Stancil Organizations: Democratic Party, NBC, ’ International Union of, , Keystone Pipeline, Trump, Republican, International Union of Painters, Allied, ” Trade, , AFL, Democrats, Press, Teamsters, Democratic, International Association of Fire Fighters, International Longshoremen’s Association, United Mine Workers of, National Labor Relations Board Locations: Biden’s, ’ International Union of North America, Trump, China, Pittsburgh, United Mine Workers of America
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