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Senator Tammy Baldwin, a Wisconsin Democrat seeking re-election, has noticed voters returning to the same question in recent days as she crisscrosses her state to make the case for her campaign: Does she think President Biden can win in November, and should he even try? “Typically, I’ll go to an event; I’ll share my remarks,” Ms. Baldwin said in an interview on Friday at a newly opened campaign office in southwestern Wisconsin. “And then people come up one by one and — at first in a whisper — are really concerned.”A soft-spoken two-term senator who has carved out a reputation for her cross-party appeal, Ms. Baldwin easily cruised to victory in 2018, and her race this year was never expected to be ultracompetitive, even in this crucial swing state. But rising concerns about Mr. Biden’s age and fitness to run have introduced new risks for Democratic candidates like Ms. Baldwin just 100 days out from Election Day, imperiling even seats that were once considered relatively safe for the party. That has left Democrats already anxious about losing the White House to former President Donald J. Trump contemplating the prospect of widespread losses in Congress that could leave the party locked out of power altogether during a Trump presidency and well beyond.
Persons: Tammy Baldwin, Biden, ” Ms, Baldwin, imperiling, Donald J, Trump Organizations: Wisconsin Democrat, Democratic, White, Trump Locations: Wisconsin
Now that President Biden has withdrawn from the presidential race, the question facing the Democratic Party is no longer whether he can be replaced at the top of the ticket. The process is complicated and opens the door to political upheaval between now and August, when Democratic delegates will gather at their convention to vote for a nominee. Mr. Biden has the power to release all the pledged delegates he accumulated. When he does so, those delegates will be free to vote for whomever they choose. But there appears to be two ways this can go, based on interviews with Democratic Party leaders and strategists.
Persons: Biden, Mr Organizations: Democratic Party, Democratic
Following Biden's endorsement, the president's reelection campaign committee rebranded itself to "Harris for President," handing her the keys to a $91 million war chest. Beyond seeking to upstage the first female vice president, other ambitious Democrats would have to raise their national profile in a way Harris does not. AdvertisementThe prospect of Harris' nomination is far from a political panacea for nervous Democrats. As leader of his party, Biden pushed the DNC to rubber stamp his plan to shake up the primary calendar. If the virtual vote moves forward, ambitious Democrats will face an even tighter window to organize opposition to Harris' nomination.
Persons: , Kamala Harris, Joe Biden's, Harris, Biden, Democratic Party —, Bill Clinton, we've, Clinton, Hillary Clinton, Nanette D, Sen, Patty Murray, Donald Trump, Murray, Barack Obama, Obama, Joe Biden, Nancy Pelosi, Pelosi, Trump Organizations: Service, Business, Democratic Party, Congressional, Caucus, Congressional Hispanic Caucus, Democratic, NBC, AFL, Biden, Republicans, Democratic National Committee, DNC Locations: California, Washington, Chicago
U.S. President Joe Biden looks on at the 115th NAACP National Convention in Las Vegas, Nevada, U.S., July 16, 2024. Republican lawmakers are calling on President Joe Biden to resign after he announced Sunday that he will no longer seek reelection. "If Joe Biden is not fit to run for President, he is not fit to serve as President," Speaker of the House Mike Johnson said in a post on X after Biden announced his decision. Republicans' calls for Biden to resign began even before the president announced he would no longer seek reelection. "If Joe Biden ends his reelection campaign, how can he justify remaining President?," Sen. JD Vance, Trump's running mate, said on X Sunday morning.
Persons: Joe Biden, Mike Johnson, Biden, Elise Stefanik, Donald Trump's, Kamala Harris, Harris, Kevin O'Connor, O'Connor, Sen, JD Vance, Trump's, Trump, Mitch McConnell, Steve Scalise Organizations: 115th NAACP National, House Republican, National Republican Senatorial Committee, White House, Democratic Locations: Las Vegas , Nevada, U.S, America, Delaware
The study excluded nations that already faced a risk of direct conflict with China, the US and their respective allies. On the other hand, America's top allies don't share American fears that a massive Chinese military buildup and Chinese leader Xi Jinping's avowed determination to "reunify" Taiwan with China are steps toward war, but rather may be nationalistic posturing. AdvertisementYet if Japan, Australia, Britain and Canada are reluctant to confront China, there are actions they can take to help Taiwan. In addition, the four middle powers could play a role in mediators to prevent a Taiwan war from happening. "To build credibility with both great powers, the four middle powers need to rebuild and bolster their strategic autonomy, material power, and commitment to the Asia-Pacific region."
Persons: Rafiq Dossani, isn't, Xi Jinping's, China's, Dossani, Michael Peck Organizations: Service, America's, RAND Corp, RAND, Business, Taiwan's Ministry of Foreign Affairs, Canada, Chinese Communist Party, NATO, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Taiwan, China, Japan, Australia, Canada, American, South Korea, India, Beijing, Asia, South China, Pacific, Okinawa, East China, Britain, Europe, Forbes
Opinion | The Week When So Much Changed
  + stars: | 2024-07-20 | by ( Nicholas Kristof | ) www.nytimes.com   time to read: +1 min
An official Republican presidential nominee who is also the most polarizing figure in modern American history. Growing talk that Donald Trump could win in a landslide. “There are decades when nothing happens, and weeks when decades happen,” Lenin is widely quoted as saying. To me, the tumult raised fears but also offered hopes and potential turning points — the most significant of which is the prospect of President Biden withdrawing from the race, as it seems he’s considering. Trump had a triumphant and exultant week, but his acceptance speech also underscored his lack of discipline and tendency to hail himself as America’s Caesar.
Persons: Donald Trump, Biden, ” Lenin, Trump, America’s Caesar, Biden — Organizations: Republican, Biden, Democratic Locations: America
Zelensky suggested Moscow should send a delegation to the next peace summit that he hopes to hold in November. Kyiv is currently facing the double whammy of a difficult frontline situation and political uncertainty over the level of future support from Ukraine’s closest allies. Trump and Zelensky spoke on Friday in what Trump called a “had a very good phone call”. Putin said Russia would end its war in Ukraine if Kyiv surrendered the entirety of four regions claimed by Moscow: Donetsk, Luhansk, Kherson and Zaporizhzhia. Despite being considerably bigger and stronger than Ukraine, Russia has not managed to fulfil its territorial goals – even when Kyiv was receiving only limited help from the West.
Persons: Volodymyr Zelensky, Zelensky, , Germany –, Ukraine John Herbst, Donald Trump, JD Vance, Herbst, Trump, , Vladimir Putin, Putin, Orysia Lutsevych, Russia … Putin, Lutsevych, Riley Bailey, Bailey, , ” Bailey, hasn’t, Vance, Libkos, Ukraine wasn’t, doesn’t, ” Herbst, Ukraine doesn’t, you’re Organizations: CNN, NATO, Monday, Aspen Security, , Chatham House, Kyiv, Trump, Democrats, Locations: Russia, Moscow, Switzerland, Ukraine, Kyiv, Ukraine’s, United States, Germany, Donetsk, Luhansk, Kherson, Zaporizhzhia, Eurasia, Chatham, Kharkiv, Europe, Afghanistan, Crimea, Kerch, Russian
WASHINGTON — Members of President Joe Biden's family have discussed what an exit from his campaign might look like, according to two people familiar with the discussions. Biden's family members have specifically discussed how he would want to end his re-election bid on his own timing and with a carefully calculated plan in place. White House spokesman Andrew Bates denied that any such exit discussions are happening amongst the family. Among the reports: that longtime speechwriter and historian Jon Meacham was penning Biden's exit remarks. Amid the turmoil the Biden campaign sent out talking points to Democrats, according to a Democratic strategies: "President Biden has not spoken to congressional leadership today.
Persons: Joe Biden, Jill Biden, Joe Biden's, , Biden, Donald Trump, Biden's, Andrew Bates, Joe, Jen O'Malley Dillon, it's, Ron Klain, Klain, Trump, Bates, Hunter, Valerie Owens, Bidens, Kamala Harris, Jon Meacham, Meacham, I'm, Al Sharpton, Sharpton, it's Joe Biden, Brian Wolff, Wolff Organizations: White, WASHINGTON —, Republicans, Trump, White House, Covid, Democratic, NBC News, MSNBC, Republican National Convention, Biden, Senate, PAC Locations: Washington , U.S, Rehoboth Beach , Delaware
But she warned that things could get more chaotic for Democrats if Biden were to make the extraordinary move to end his campaign just weeks before the Democratic convention. In a twist for the left-leaning Ocasio-Cortez, her comments make her among the more forceful pro-Biden voices in the party right now. Many progressives, including Ocasio-Cortez and Sen. Bernie Sanders, I-Vt., are primarily driven by policy goals and know they have Biden's ear. The strategist said part of the reason progressives like Ocasio-Cortez are backing Biden is the "bird in hand phenomenon" — there's a "comfort level" with Biden in the White House. Ocasio-Cortez also cautioned followers that Biden has unique electoral strengths that other Democrats cannot expect to replicate.
Persons: Joe Biden, Alexandria Ocasio, Donald Trump, Biden, Clarence Thomas, Cortez, wasn't, Sen, Bernie Sanders, Kamala Harris, Mark Pocan, Pocan, Harris, Kamala —, Harris —, It's, Lisa Lint, Vander, it's Organizations: Rep, Biden, Democrats, Democratic, Trump, Congressional Progressive Caucus, CPC, Grand Rapids, Twitter Locations: Alexandria, Cortez, Grand
While businesses scramble to deal with the consequences of the hit, social media users are responding in the best way they know how: memes. 'The blue screen of death'Many PC users logged on to their computers on Friday to be met with Window's so-called blue screen of death. Attached is a photo of five laptops on an office desk, all displaying the "blue screen of death." Advertisement"Crowdstrike is accomplishing what we thought Y2K would be, it's quite impressive," one user posted on X. AdvertisementSocial media users have been quick to point out the irony of how CrowdStrike's software, which is meant to prevent businesses from being brought down, has ended up accidentally causing so much chaos.
Persons: , Window's Organizations: Service, Microsoft, Business Locations: Las Vegas
Chaudhry, the 65-year-old founder and CEO of cloud security giant Zscaler, has an estimated net worth of more than $11 billion. Some people get money [and] need to buy five houses and boats and planes and all of this kind of stuff. Some people get money [and] need to buy five houses and boats and planes and all of this kind of stuff. Owning 100% of your company early on allows you to control your own business decisions, which Chaudhry recommends. "Once you raise money, that's not an accomplishment, that's an obligation," he told Ryan Seacrest in a 2019 interview, "because "now you're reporting to whoever you raised money from."
Persons: Jay Chaudhry, he's, Chaudhry, Jyoti, , SecureIT, I'm, Zscaler, Jay, I've, VCs, Mark Cuban, that's, Ryan Seacrest Organizations: Cuban Locations: India
JD Vance speaks at the Republican National Convention in Milwaukee, on July 17. Will Lanzoni/CNNMany of America’s closest allies were already dreading the prospect of Donald Trump’s return to the White House. Now that the former president has picked JD Vance as his running mate, they potentially have a lot more to worry about. By choosing Vance, Trump has sent a clear signal that, if elected, his America-first foreign policy will be back in force. His nomination puts an end to the hopes by some of America’s allies that Trump might soften his foreign policy stance if reelected.
Persons: Vance, Will Lanzoni, America’s, Donald Trump’s, JD Vance, Trump, Organizations: Republican National Convention, CNN, Trump, NATO, Labour, Munich, Conference, East Locations: Milwaukee, America, Ohio, Ukraine, Russia, United Kingdom, East Asia, China
Yen spikes as spectre of intervention spooks investors
  + stars: | 2024-07-18 | by ( ) www.cnbc.com   time to read: +2 min
Japan's yen scaled a six-week high on Thursday, spurring speculation of an official push, while the dollar nursed broad losses as markets prepared for U.S. rate cuts in a few months. Japan's yen scaled a six-week high on Thursday, spurring speculation of an official push, while the dollar nursed broad losses as markets prepared for U.S. rate cuts in a few months. "Many traders and Japanese investors, after intervention, were looking to reload on their trades," said National Australia Bank strategist Rodrigo Catril in Sydney. Interest rate markets are pricing more than 60 basis points of U.S. interest rate cuts this year and some 20 basis points of hikes in Japan, narrowing the wide rates gap that had encouraged investors taking on large short positions in the yen. So far this year the yen is the worst-performing G10 currency on the dollar, losing more than 9%, while the yuan is down about 2.2%.
Persons: Rodrigo Catril, Donald Trump — Organizations: . Bank of, National Australia Bank, Bloomberg Businessweek Locations: Asia, . Bank of Japan, Sydney, Japan, Beijing
NEW YORK AP —John Deere says it will no longer sponsor “social or cultural awareness” events, becoming the latest major US company to distance itself from diversity and inclusion measures after being targeted by conservative backlash. The move from the company known on Wall Street as Deere & Co. arrives just weeks after rural retailer Tractor Supply ended an array of its corporate diversity and climate efforts. Both announcements came after backlash piled up online from conservative activists opposed to diversity, equity and inclusion efforts, sponsorship of LGBTQ+ Pride events and climate advocacy. “If it’s so polarizing that people just abandon it, then we all lost.”Legal attacks against companies’ diversity, equity and inclusion efforts have also drawn more attention following the Supreme Court’s 2023 ruling to end affirmative action in college admissions. That doesn’t mean companies will stop their DEI efforts entirely, she added, but they may have to change language or find new workarounds.
Persons: John Deere, Robby Starbuck, Starbuck, John Deere’s, it’s, , Eric Bloem, John Boyd , Jr, John C, Deere, Bud Light, aren’t, SHRM, Johnny C, Taylor, Jr, Jen Stark, Donald Trump, Stark Organizations: Deere, Co, Tractor Supply, Conservative, Human Rights, Associated Press, Supply, Human, , Black Farmers Association, Deere &, Labor Department, Target, Society for Human Resource Management, LinkedIn, AP, Center for Business, Social, Heritage, Republican Locations: The Moline , Illinois, Brentwood , Tennessee, BSR, U.S
“Together we will make our allies share in the burden of securing world peace,” he said at the Republican National Convention in Milwaukee. “I think whoever wins the US race… it will be more America first,” Belgium’s Prime Minister Alexander De Croo told CNN. Europe needs to take care of its defense more.”Danish Prime Minister Mette Frederiksen argues Europe stepping up its commitment to its own security has nothing to do with the US. “We have to be more capable of defending ourselves, with a more and more aggressive Russia, not only when it comes to Ukraine,” she told CNN. Preserving European unity is critical to a long-lasting peace, he said.
Persons: JD Vance, , Vance, Donald Trump, Alexander De Croo, ” Finland’s, Alexander Stubb, , Sen, Will Lanzoni, Mette Frederiksen, Keir Starmer, Viktor Orban, Vladimir Putin, ” Orban, Ursula von der Leyen, Volodymyr Zelensky, Organizations: CNN, Republican, Republican National Convention, Munich, NATO, Trump, European Commission, EU, Ukraine Locations: Blenheim, Milwaukee, Ohio, Ukraine, Oxfordshire, Europe, States, Danish, Russia, Hungarian, Moscow, Ukrainian
Major stock indexes were down sharply for a second day on Thursday. A mega-cap retreat expanded into a broader rout, and the S&P 500 fell over 1%. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUS indexes declined sharply for a second session this week, as the plunge in leading tech stocks broadened out to the rest of the market.
Persons: , Russell Organizations: Service, Google, Nvidia, Bloomberg, Federal Locations: China, Here's
Warner Bros./Everett CollectionSafety and science matterFor starters, experts hope safety will be emphasized amid all the gasp-inducing (and very windy) set-pieces. “This could potentially create more dangerous conditions in the climate of storm chasing,” she said of the new movie. Smith also hopes the movie gets people excited not only about the storms themselves, but the research and science behind them. There is a new opportunity for future meteorologists to bud, but not just meteorologists and not just kids,” she said. It is presented by Warner Bros., which like CNN is a part of Warner Bros.
Persons: ” Jan de Bont’s, Elizabeth Smith, , , ’ ” Smith, Jo, Bill, Helen Hunt, Bill Paxton, Dr, Harold E, Brooks, Brooks –, , Brandon Miller, ” Miller, Smith, Jo Harding, ” Smith, ‘ Jo ’, Laura Dern, Lee Isaac Chung, Daisy Edgar, Jones, Glenn Powell, Rebecca Kopelman, it’s, Kopelman Organizations: CNN, University of Oklahoma’s, Meteorology, Warner Bros, Everett, Iowa’s, Warner Bros . Locations: Finland,
After a difficult two years for small cap stocks, the sector finally appears on path for a comeback, according to Citi Research head of U.S. equity strategy Scott Chronert. The small cap benchmark Russell 2000 index is up 4.3% week to date alone amid a 9.4% rally in July. As investors become more enthusiastic on the prospect of forthcoming interest rate cuts, they've started to sell off mega cap technology names — which have led the market rally — in favor of the rate-sensitive small cap sector. Banks currently have an "easier" valuation starting point, according to Chronert. The sector overall contains little exposure to tariffs — which has become a major campaign platform of former president Donald Trump.
Persons: Scott Chronert, they've, Chronert, CNBC's, Russell, Banks, Donald Trump Organizations: Citi Research, Federal, Trump, CNBC, Market, Survey
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailProspect of Trump tariffs: China will wait and see before reacting, Abrdn saysRay Sharma-Ong, head of multi-asset investment solutions for Southeast Asia at investment company, says China's response "has always been a bit more measured, tit-for-tat" rather than "all out" in nature.
Persons: Abrdn, Ray Sharma, Ong Locations: Trump, China, Southeast Asia
Following the trade, Jim Cramer's Charitable Trust will own 350 shares of AMD, increasing its weighting to 1.63% from 1.4%. There's also been a rotation out of secular growth and AI stocks and into companies that benefit more from future interest rate cuts. And due to this week's sell-off, AMD shares are now trading around their lowest levels since May. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jim Cramer's, Wednesday's, Biden, Donald Trump, There's, Let's, It's, We've, Lisa Su, Jim Cramer, Jim Organizations: AMD, Taiwan Semiconductor Manufacturing Company, Republican, CNBC Locations: China, Taiwan
CNN —Ursula von der Leyen has been reelected to a second five-year term as president of the European Commission after a vote by EU lawmakers, as the continent’s mainstream seeks to reassert itself in the face of a resurgent far right. After a secret ballot, von der Leyen was reelected with 401 votes in favor and 284 against. Addressing the parliament before the lunchtime vote, von der Leyen said the next five years of her term “will define Europe’s place in the world for the next five decades. Von der Leyen was reelected after 401 EU lawmakers voted in favor of her presidency. Johannes Simon/Getty ImagesEarlier Thursday, von der Leyen published a 31-page policy proposal, setting out her priorities if she won a second term.
Persons: Ursula von der Leyen, von der Leyen, Von der Leyen, ” Von der, Angela Merkel, Emmanuel Macron –, Von der, Johannes Simon, Getty, ” Von der Leyen, Donald Trump, Viktor Orban’s, Vladimir Putin, Organizations: CNN, European Commission, EU, European Defense Union ”, European People’s Party, EPP, Socialist, Green, European Defense Union, Ukraine, Covid Locations: Strasbourg, France, Ukraine, Brussels, Europe, United States, Hungarian, Moscow
After a pandemic, a cost-of-living crisis and a major war in Europe, not many feel nostalgia for the past five years. Ursula von der Leyen soon might. On Thursday, Ms. von der Leyen, the president of the European Commission, secured European Parliament approval to lead the European Union’s executive branch for a second five-year term. With the war in Ukraine in its third year and the prospect of a second Trump administration looming, the world is becoming a very different place from the one Ms. von der Leyen has helped the European Union navigate since 2019. A German conservative politician, Ms. von der Leyen was confirmed after a decisive approval vote at the Parliament on Thursday.
Persons: Ursula von der Leyen, von der Leyen, messier, Trump Organizations: European Commission, European Union Locations: Europe, European, Ukraine, E.U
“He was someone who stood up and said ‘no.’ To have that sort of strength was something that inspired me,” says Adnan Khankan ahead of his Olympic judo debut in Paris later this month. Ed Kolenovsky/APConscription into the Syrian Army“I didn’t see it as my war, how could it be when it was Syrian people killing other Syrian people? The Syrian Civil War, which initially broke out in 2011, is now considered the biggest humanitarian crisis since World War II. Michael Kappeler/picture-alliance/dpa/AP“It really motivated me when I found out about the existence of a refugee team,” said Khankan. Adnan Khankan“The refugee team speak different languages, are different ethnicities, come from different cultures, but we are all one team competing together.
Persons: CNN — It’s, Muhammad Ali, Brown, , Ali, Adnan Khankan, Khankan, Bashar al, spiralled, ” Khankan, Ed Kolenovsky, Bashar Al, Assad, Diaa Al, , ” Adnan Khankan, Kirill Kudryavtsev, Mardini, Yusra Mardini, Michael Kappeler, Marius Vizer, Adnan, “ Adnan, Vizer, Adnan Khankan “, I’ve Organizations: CNN, International Olympic Committee, Syrian Army, CNN Sport, Al, Free Syrian Army, Reuters, taekwondo, Getty, Rio Olympics, IOC, Rio, Tokyo, Japan, Judo, International Judo Federation, UNHCR, , Olympic Locations: Vietnam, America, Paris, Cologne, Germany, Damascus, Syria, Houston, Arbeen, Ghouta, Tashkent, AFP, Turkey, Bulgaria, Serbia, Bosnia, Croatia, Hungarian, Cairo, Tokyo, Europe, Ukraine, Gaza, Sudan, East, Africa, Iran, Afghanistan, Cuba
The venue is a glittering 18th-century palace and the birthplace of Winston Churchill. The guests include more than 40 of Europe’s leaders. And, King Charles III will be on hand to host a V.I.P. Yet despite the serene grandeur of the surroundings at Blenheim Palace, near Oxford, the continent’s top politicians will meet on Thursday in a mood of heightened anxiety and with a growing urgency to find common cause in an unsettled world. The meeting is the fourth of the European Political Community, the brainchild of the French president, Emmanuel Macron, in 2022, who wanted countries across the continent to work together to confront collective challenges.
Persons: Winston Churchill, King Charles III, Keir Starmer, Donald J, Trump, Emmanuel Macron Organizations: White House, Political Locations: Blenheim, Oxford
Eleven of the last 12 American presidents have endured an assassination attempt or a plot against their lives. The same is true for 20 of the country’s 45. Most of the recent plots have been foiled early, making the indelible image of Donald Trump fist-pumping in Pennsylvania seem like an atavistic monument or an ominous portent or perhaps both. And though we may describe the stochastic terror of the past decade in terms of ugly bumper stickers and reckless speeches, there has been real violence, not just incitement. “No political party, movement, ideology or manner of thinking has had an absolute monopoly on this violence, and it really hasn’t mattered whether the surrounding political atmosphere was aggressive or docile,” Dayen wrote.
Persons: Donald Trump, David Dayen, Gerald Ford, Ronald Reagan, Bill Clinton’s, Barack Obama’s, Donald Trump’s, Gabrielle Giffords, Steve Scalise, hasn’t, ” Dayen, Organizations: The, White, Financial Times, Republican National Convention Locations: Pennsylvania
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