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The share price of Trump Media plunged more than 17% on Wednesday morning, a day after majority shareholder Donald Trump gave a widely panned presidential debate performance against Vice President Kamala Harris. Investing in Trump Media stock is often seen as a way to bet on the political fortunes of Trump, the former president and current Republican nominee. Trump Media has said its business hinges at least partly on Trump’s popularity, and analysts say the company’s value will rise or fall based on his electoral prospects. Harris’ team, projecting confidence, challenged Trump to another debate right after the first one ended. Trump Media had surged as much as 10% during trading Tuesday, possibly indicating optimism about how Trump would fare in the debate.
Persons: Donald Trump, Kamala Harris, Harris, Harris ’, Trump, Joe Biden Organizations: Trump Media, Nasdaq, Trump, Republican, Liberal, Democratic, Wednesday Locations: Philadelphia
Kamala Harris trolled Donald Trump during their debate, saying people leave his rallies early. Instead of responding to a question about immigration, Trump countered that nobody attends Harris' rallies. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementVice President Kamala Harris successfully trolled former President Donald Trump on debate night and appeared to get under the GOP presidential nominee's skin.
Persons: Kamala Harris trolled Donald Trump, Trump, Harris, , Kamala Harris, Donald Trump Organizations: Service, GOP, Business
Former US President and Republican presidential candidate Donald Trump walks away during a commercial break as US Vice President and Democratic presidential candidate Kamala Harris take notes during a presidential debate at the National Constitution Center in Philadelphia, Pennsylvania, on September 10, 2024. The share price of Trump Media plunged more than 14% before the opening bell Wednesday, a day after its majority shareholder Donald Trump delivered a widely panned presidential debate performance against Vice President Kamala Harris. Investing in the Truth Social maker's stock has come to be seen as a way to bet on the political fortunes of Trump, the Republican presidential nominee. Harris' team, projecting confidence, immediately challenged Trump to another debate after the first one ended. Trump Media, which trades as DJT on the Nasdaq, had surged as much as 10% in intraday trading Tuesday, possibly indicating optimism about how Trump would fare in the debate.
Persons: Donald Trump, Kamala Harris, weren't, Harris, Trump Organizations: Republican, Democratic, National Constitution Center, Trump Media, Trump, Nasdaq Locations: Philadelphia , Pennsylvania, Philadelphia
Another Donald Trump presidency was an inevitability, Steve Eisman of "The Big Short" fame told Bloomberg TV, first in early May and again in mid-July. AdvertisementDespite his bullish call on Trump, Eisman — who said he voted for Biden in 2020 — wasn't openly rooting for either candidate. "For the overall market, I don't think it matters who's president," Eisman said. "If Harris wins and both houses of Congress go Democratic, I think the market would probably have a very large correction," Eisman said. "If Trump wins and both houses are Republican, the market is fine, but there'll be certain sectors that will not do well and certain sectors that will."
Persons: , Donald Trump, Steve Eisman, Eisman wasn't, Joe Biden, Biden, Kamala Harris, Eisman, It's, Trump, Eisman —, Harris, There's, they'll Organizations: Service, Bloomberg TV, Business, Trump, Republican, Democratic, House, Congress
Sen. Bernie Sanders, I-Vt., on Sunday said Vice President Kamala Harris should increase her proposed 28% tax rate on long-term capital gains, marking his latest divergence with the Democratic presidential nominee's economic platform. "I would go higher than that," Sanders told NBC's "Meet the Press" of Harris' proposed capital gains tax rate. Harris on Wednesday announced her plan for a 28% tax on long-term capital gains, assets that are owned for more than one year, an increase from the current maximum rate of 20%. President Joe Biden previously proposed a capital gains tax rate of 39.6% in his fiscal 2025 budget. In 2016, Sanders campaigned for the Democratic presidential nomination with an even higher desired rate of 54.2%.
Persons: Bernie Sanders, Sen, Kamala Harris, Sanders, NBC's, Harris, Joe Biden, Mark Cuban, Reid Hoffman, Biden Organizations: Democratic National Convention, Sunday, Democratic, Wednesday, LinkedIn, Democratic Party, Republican Party Locations: Chicago , Illinois, U.S
[The stream is slated to start at 12:00 p.m. Please refresh the page if you do not see a player above at that time.] Former President Donald Trump is addressing the Economic Club of New York as he sharpens his policy pitch in the final months of the 2024 presidential election. The Republican nominee's remarks come after a series of economic policy proposals from his opponent, Vice President Kamala Harris.
Persons: Donald Trump, Republican nominee's, Kamala Harris Organizations: Economic, of New, Republican Locations: of New York
The judge who oversaw the trial later said: "Trump 'raped' her as many people commonly understand the word 'rape.'" AdvertisementBut the lawyers who won Weinstein's appeal told Business Insider that what worked for their client probably wouldn't work for Trump. In the May 2023 verdict, the jury found Trump liable for sexual abuse and defamation and awarded Carroll $5 million in damages. In the second trial, earlier this year, a separate jury said Trump owed Carroll an additional $83 million in defamation damages. AdvertisementInstead, it needed to find it was "more probable than not" that Trump sexually assaulted Carroll, a standard far more common in civil cases.
Persons: , Donald Trump, Trump, Jean Carroll, Harvey Weinstein, John Sauer, he'll, Carroll, Sauer, It's, Weinstein, Barry Kamins, Kamins, Marci Hamilton, Goodman, Lewis Kaplan, Jessica Leeds, Natasha Stoynoff, Brittainy Newman, Diane Kiesel, Stoynoff, you've, Kaplan, Roberta Kaplan, Roberta Kaplan's, Jane Rosenberg Trump's, Arthur Aidala, shouldn't Organizations: Service, Business, Appeals, 2nd, Mar, New York state's, Trump, Hollywood, Child USA, New, Leeds, York state's, Stoynoff, New York Law School, REUTERS Locations: Manhattan, Lago, New York, Los Angeles, Brooklyn, Aidala, York, Leeds, Bergdorf's, Carroll, Carroll's, Hamilton
Republican presidential nominee and former U.S. President Donald Trump gestures as he holds a rally at the Cambria County War Memorial Arena in Johnstown, Pennsylvania, U.S. August 30, 2024. The superseding indictment accuses Trump of the same four criminal counts as the original indictment issued by another grand jury last year. Special counsel Jack Smith, whose team is prosecuting Trump, sought the new indictment to comply with a Supreme Court ruling on Trump's claims of presidential immunity. Trump remains accused of crimes related to his efforts to allegedly illegally overturn his loss to President Joe Biden in the 2020 election. Smith's office said in a court filing last week that it would not mind if Trump waived his appearance at the arraignment on the revised indictment.
Persons: Donald Trump, Trump, Jack Smith, Joe Biden Organizations: Republican, Washington , D.C Locations: Cambria, Johnstown , Pennsylvania, U.S, Washington ,
"Our polling consistently showed that by staying on the ballot in the battleground states, I would likely hand the election over to the Democrats," Kennedy said. This significantly reduces the potential electoral boost Trump could get in these states from Kennedy's exit. Wisconsin's Elections Commission has voted to keep Kennedy on the state's ballot. This leaves just Arizona and Pennsylvania as the states where Kennedy's exit appears poised to help Trump outright. "He has a lot of votes that he could have gotten," Trump said of Kennedy at the Arizona rally in August.
Persons: Robert F, Kennedy Jr, Donald Trump's, Donald Trump, Kennedy, Trump, Kamala Harris, Kennedy's, Harris Organizations: White, Trump, North, Arizona Locations: Glendale , Arizona, North Carolina , Wisconsin, Michigan, Kennedy's, North Carolina's, Wisconsin , North Carolina, Arizona, Pennsylvania, Nevada, Georgia, Michigan , North Carolina, Wisconsin, Florida , Texas, Ohio
When people say they're concerned about "the economy," it can mean a lot of things — grocery prices, gas prices, housing prices, healthcare. For one thing, it's not clear that voters think Harris, as vice president, has had much involvement in Biden's economic policies. People remember the Trump economy as a better time — interest rates were lower, prices were lower, houses seemed more affordable. AdvertisementThe task for Harris now is to lay out an economic identity and agenda before others beat her to it. The Trump campaign and the GOP are trying to tie her to the negative feelings around the Biden economy, to affordability and inflation.
Persons: Kamala Harris, Joe Biden's, Harris, Kamala, Donald Trump, Bill Clinton's, Jim Carville, , it's, Biden, Trump, Harris — Trump, Evan Roth Smith, Smith, Eli Yokley, Mark Zandi, Tim Walz, Minnesota, Yokley, Whit Ayres, Donald Trump's, she's, He's, Bharat Ramamurti, Emily Stewart Organizations: Democratic, Republican, Financial Times, University of Michigan's Ross School of Business, Trump, Biden, Lake Research Partners, Democrat, Voters, Morning, Federal, Moody's, House, Democrats, National Economic, GOP, Business Locations: China, California, Las Vegas
Sen. JD Vance of Ohio filed his required annual financial disclosure. Vance is required to file a separate report now that he is the GOP's vice-presidential nominee. Former President Donald Trump's report could be made public later this week. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .
Persons: Sen, JD Vance, Ohio, Vance, Donald Trump's, , Trump Organizations: Service, Republican, Business Locations: Ohio
"Each songwriter belongs to a single PRO, so the Trump campaign would have needed to secure a license from the appropriate PRO," Litman said. According to BMI, Trump's campaign has taken out a "political entities license" from BMI for his 2016, 2020, and 2024 campaigns. Advertisement"If no license was obtained, the copyright owners in the songs can sue Trump, and they would win," Litman said. Trump's campaign has used Hayes' music at the former president's rallies more than 100 times and as recently as Saturday, Walker said. Walker, a 30-year entertainment-copyright lawyer, said the Hayes family hired him "after getting no response" from the Trump campaign for two years.
Persons: , Donald Trump, Celine Dion, Trump's, Isaac Hayes, Trump, Hayes, Isaac Hayes III, Jessica Litman, Litman, Jodie Thomas, Thomas, Rihanna, Elton John, Neil Young, Pharrell Williams, Eddy Grant, Grant, James Walker Jr, Walker, we've Organizations: Service, Business, Republican, University of Michigan, American Society of Composers, Publishers, Music Inc, ASCAP, BMI, Trump, BI, National Rifle Association Locations: Montana, Hayes, , Texas
Shares in Trump Media and Technology Group were down about 7% on Monday afternoon after the company reported scant revenues and a net loss in its first full quarter as a public company. Meanwhile, Donald Trump returned to X early Monday in advance of his interview with X owner Elon Musk later in the day, raising some doubt about whether Trump would continue favoring Truth Social, the social media platform owned by Trump Media. Shares in Trump Media have been subject to significant volatility since it began trading in late March thanks in part to competing bets from Wall Street traders about how much the stock would fall. With rare exceptions, Trump has almost exclusively posted to Truth Social since the platform came into being in February 2022. They’re coming after you.”In its quarterly report, released late Friday, Trump Media addressed the launch of its streaming service, Truth+, this month.
Persons: Donald Trump, Elon Musk, Trump, , Mr, Musk, “ They’re, They’re, Devin Nunes Organizations: Trump Media, Technology Group, X, Trump, Wall, Republican, Trump Media's, Social, Big Tech Locations: California
U.S. Vice President and Democratic presidential candidate Kamala Harris speaks with members of the media before boarding Air Force Two at Detroit Metropolitan Wayne County Airport in Romulus, Michigan, U.S., August 7, 2024. "I couldn't ... disagree more strongly," Harris told reporters in Arizona, referring to the Republican presidential nominee's comments. "The Fed is an independent entity, and as president, I would never interfere in the decisions that the Fed makes." With just 87 days until the election, the vice president also told reporters that she is preparing to unveil an official economic policy platform in the coming days. Harris' comments drew a stark contrast between her and Trump, who said this week that the president should "have at least [a] say" in Fed policy.
Persons: Kamala Harris, Donald Trump's, Harris, Trump Organizations: Democratic, Air Force, Detroit Metropolitan Wayne County Airport, Saturday, Republican, Fed, Federal Reserve Locations: Romulus , Michigan, U.S, Arizona, Lago
"After their convention, yeah," Trump replied, referring again to the Democratic convention, which begins Aug. 19. CNBC reached out to the Trump campaign to confirm that the Republican nominee does not plan to resume large, in-person presidential campaign rallies until after the Democratic convention. "President Trump has a robust, travel schedule — consisting of rallies, messaging events, and fundraisers in the next week. In 2020, in-person campaign rallies on both sides were largely suspended because of the Covid pandemic. Republican presidential nominee and former U.S. President Donald Trump holds a campaign rally in Harrisburg, Pennsylvania, U.S., July 31, 2024.
Persons: Donald Trump, Joe Raedle, Trump, Kamala Harris, Tim Walz —, Ohio Sen, JD Vance —, Harris, Walz, Thursday's, Tim Sheehy, Sheehy, Democratic Sen, Jon Tester, Steven Cheung, James Singer, Governor Walz, , Trump's, Barack Obama, Obama, Hillary Clinton, Elizabeth Frantz, Pennsylvania —, Adin Ross, Tesla, Elon Musk Organizations: Getty, Democratic National Convention, Republican, White, Democratic, Minnesota Gov, Trump, Republicans, CNBC, Erie Insurance, Hamptons, Reuters, Trump —, Fox News, Fox Locations: Lago, Palm Beach , Florida, Philadelphia, Wisconsin, Michigan, Arizona, Nevada, Montana, Aspen , Colorado, Florida, Erie, Pa, North Carolina , Florida, Pennsylvania, Connecticut, North Carolina, Atlanta, New, Harrisburg , Pennsylvania, U.S, livestream
The presidential campaign of Vice President Kamala Harris said Friday that its political operation raised $310 million in July, dwarfing the tally raised for the Republican nominee Donald Trump in the same month. Harris' team raised the eye-popping sum between the campaign, the Democratic National Committee, and joint fundraising committees. Trump's team said its larger political organization, which includes the former president's campaign and joint fundraising committees, raised $138.7 million in July. Harris' massive fundraising haul underscores renewed enthusiasm from Democratic donors, some of whom were hesitant to open their checkbooks after Biden's disastrous debate performance against Trump in late June. "More than 3 million donors made over 4.2 million contributions – with more than 2 million donors making their first donation this cycle," the campaign said in a press release.
Persons: Kamala Harris, Donald Trump, Harris, Joe Biden, Trump's, Julie Chavez Rodriguez, tabling, Chavez Rodriguez Organizations: Democratic, Republican, Democratic National Committee, Democratic nominee's, Trump Locations: Atlanta , Georgia, DeKalb County, Pennsylvania,
U.S. President Donald Trump speaks on Day 4 of the Republican National Convention (RNC), at the Fiserv Forum in Milwaukee, Wisconsin, U.S., July 18, 2024. Donald Trump is set to field reporters' questions at the National Association of Black Journalists Annual Convention in Chicago on Wednesday, as he re-tools his presidential campaign to combat his likely rival, Vice President Kamala Harris. The Republican nominee's Q&A before a live convention audience is expected to focus on the biggest issues facing the Black community, NABJ said. The event gives Trump, who won just 12% of Black voters in his 2020 election loss to President Joe Biden, an opportunity to directly appeal to voters of color. The decision by NABJ, the nation's largest association of journalists of color, to host Trump quickly spurred a backlash both inside and outside the group.
Persons: Donald Trump, Kamala Harris, Republican nominee's, NABJ, Trump, Harris Faulkner, Rachel Scott, Kadia, Joe Biden, Harris, Biden, Trump's, The Trump, Karen Attiah Organizations: Republican National Convention, National Association of Black, Republican, Fox News, ABC, Facebook, Trump, Democratic, Bloomberg, Electoral College, The, Convention Locations: Milwaukee , Wisconsin, U.S, Chicago
Read previewA gunman's assassination attempt on former President Donald Trump has flung the US back into the spotlight in China. The FBI says the 20-year-old rally shooter, Thomas Matthew Crooks, used a legally purchased 5.56mm AR-style rifle to attack Trump. another user wrote. One Chinese professor told the outlet that the attack on Trump showed the"ongoing rampant gun violence issue in the US." One user reposted a photoshop edit of Trump raising his fist against the backdrop of the Chinese flag.
Persons: , Donald Trump, Thomas Matthew Crooks, Trump, Dylan Loh, Loh, Biden, China's, Xi Jinping, it's, Xi, Mike Johnson Organizations: Service, Republican, Business, FBI, National University of Singapore, Global Times, Trump, Renmin University of China, Capitol Locations: China, Trump's, Weibo, Gotham City, Beijing, United States
Read previewOn Sunday, President Joe Biden once again found himself in Philadelphia, a city that has played a crucial role in his political life. AdvertisementOn Sunday, Rep. Joyce Beatty of Ohio told CNN's Eva McKend that Democratic lawmakers shouldn't turn against Biden. A huge "what if" for Biden is if a high-ranking Black lawmaker calls on him to exit the race. But will it help him with Black voters in the coming weeks and months? That November, Biden won 92% of the Black vote, compared to Trump's 8% support, according to the Pew Research Center.
Persons: , Joe Biden, Biden, It's, Biden hasn't, Donald Trump, Joyce Beatty, CNN's Eva McKend, Hakeem Jeffries, Beatty, Kamala Harris, Harris, JfHOOMv5RS, Julia Hamelburg, Steven Horsford, surrogates, Jim Clyburn, Clyburn, he'd, Trump, it'll Organizations: Service, Airy, of God, Business, Capitol, Democratic, Democrats, Congressional Black Caucus, shouldn't, CBC, Biden, Congressional Black, Essence, Black, South Carolina Democratic, Pew Research Center, Trump Locations: Philadelphia, Washington, Ohio, New Orleans, Nevada, York, South Carolina, Georgia , Michigan, Pennsylvania
It's a fraction of the size of the platform the RNC used during the 2016 and 2020 election cycles. The Trump campaign in a press release Monday afternoon touted the new document as "President Donald J. Trump's 2024 Republican Party Platform." The platform now begins with language mirroring a Trump campaign press release, including the presumptive nominee's "Make America Great Again" and "America First" slogans. The GOP also departs from its old platform on Social Security and Medicare. "Republicans will tackle Inflation, unleash American Energy, restore Economic Growth, and secure our Borders to preserve Social Security and Medicare funding for the next Generation and beyond," it reads.
Persons: Donald Trump, Trump, Donald J, Trump's, Joe Biden's, Roe, Wade —, Organizations: Liacouras Center, Republican, Social Security, Republican National, CNBC, RNC, Trump, White House, Democratic, GOP, Energy Locations: Philadelphia , Pennsylvania, U.S .
Then-president-elect Donald Trump shakes the hand of Peter Thiel during a meeting with technology executives at Trump Tower, December 14, 2016 in New York City. "If you hold a gun to my head, I'll vote for Trump," Thiel said in an interview on stage at the Aspen Ideas Festival. Thiel donated $1.25 million to Trump's campaign in 2016 at a time when the vast majority of tech money was going to Democratic rival Hillary Clinton. However, Thiel later soured on Trump and said last year that he wouldn't be funding any politician in the 2024 presidential campaign. That's after he spent $32 million on Republican candidates in the 2022 midterm elections with mixed results.
Persons: Donald Trump, Peter Thiel, Donald Trump's, he's, nominee's, Joe Biden, Thiel, I'm, Hillary Clinton, That's, Republican J.D, Vance, Tim Ryan, Republican Blake Masters, Democratic Sen, Mark Kelly Organizations: Trump Tower, Republican, Trump, Aspen Ideas, Democratic, Facebook, Republican National Convention, Apple, Google, GOP, Democratic Rep, Tech Locations: New York City, Ohio, Arizona
Former U.S. President Donald Trump arrives to court for his hush money trial at Manhattan Criminal Court in New York City on May 30, 2024. Former President Donald Trump called his criminal hush money trial a "disgrace" on Thursday, after a New York jury found him guilty on all 34 criminal counts of falsifying business records. "This was a rigged, disgraceful trial," Trump told reporters outside the courtroom in Manhattan Supreme Court. With the jury's unanimous verdict, Trump became the first former U.S. president ever to be convicted of a crime. "May 30th, 2024 might be remembered as the day Donald J. Trump won the 2024 Presidential Election," wrote Eric Trump, one of the former president's two adult sons, on X.
Persons: Donald Trump, Trump, Attorney Alvin Bragg, Bragg, Donald J, Eric Trump, Trump's, Michael Cohen, Cohen Organizations: U.S, Manhattan Criminal, New, Truth, Manhattan, Attorney, Trump, Republican Locations: New York City, New York, Manhattan, U.S
Business Insider is compiling its first list of rising stars in the US sports-betting industry. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWe're seeking nominations for our inaugural list of rising stars in the US sports-betting industry, and we want to hear from you. We're looking for early-to-mid-career staffers focused on the US market at operators, industry suppliers, or media companies in sports betting. Related storiesPlease submit your nominations here or through the form below by Monday, May 13, 2024, at 6 p.m.
Persons: , we've, DraftKings, Jason Robins, Amy Howe, we're Organizations: Service Locations: North America
"I can't think of any other modern example of a presidential candidate hawking an array of goods for their private benefit," Fischer said. The website for the Bibles says it has no link to Trump's campaign. It instead uses Trump's name, likeness and image under paid license from a company called CIC Ventures LLC. Lessig noted that Trump's business moves do not appear to be violating campaign ethics or financial rules. A Trump campaign spokesman did not immediately respond to CNBC's request for comment.
Persons: Donald Trump, hawking, Joe Biden, Trump, Lawrence Lessig, Brendan Fischer, Fischer, Lee Greenwood's, Greenwood, Republican nominee's, Lessig Organizations: Trump, Trump —, White, Harvard Law School, CNBC, Republican, New York Times, Ventures, CIC Ventures Locations: Florida, West Palm Beach , Florida, Philadelphia
Business Insider is compiling its annual list of rising stars transforming how digital ads are bought and sold. We're looking for up-and-comers specializing in adtech at adtech firms, brands, agencies, and publishers. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementWe're seeking nominations for Business Insider's third annual list showcasing the rising stars of advertising tech, and we want to hear from you. Criteria and methodologyThe list will profile talent at adtech companies, as well as adtech specialists at ad agencies, publishers, retailers, and platforms.
Persons: Organizations: Service, Business
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