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Fed officials have said they will begin to cut rates whenever they have “gained enough confidence” that inflation is under control. The Bank of Japan announces its latest interest rate decision. The Reserve Bank of Australia announces its latest interest rate decision. The Federal Reserve announces its latest interest rate decision and releases a fresh set of economic projections, followed by a news conference featuring Chair Jerome Powell. The Bank of England announces its latest interest rate decision.
Persons: Wall Street’s, , ” Kathy Bostjancic, , Jerome Powell, ” Powell, Fed hasn’t, Nathaniel Beck, Elizabeth Warren of, Powell, lambasting, Donald Trump, reappoint Powell, ” Kayla Bruun, David Goldman, Anna Bahney, Cowen, Lennar, Mills Organizations: CNN Business, Bell, Washington CNN, Federal Reserve, Fed, Nationwide, CNN, Elizabeth Warren of Massachusetts, Democratic, Republican, Morning, National Association of Realtors, NAR, Realtors, Toll Brothers, National Association of Home Builders, Bank of Japan, Reserve Bank of Australia, US Commerce Department, Micron Technology, Prudential, Accenture, Nike, FedEx, lululemon, Darden, Academy Sports, Bank of England, US Labor Department, Global Locations: Washington, Wells Fargo
“Everything he is saying isn’t true,” Democratic Republic of Congo spokesperson Patrick Muyaya Katembwe told CNN in a text message on Thursday. Facts First: Trump’s claims are baseless. And federal figures show that there is no “very big” influx of Congolese migrants of any kind, let alone former prisoners in particular. Trump, the presumptive Republican presidential nominee, keeps making claims about emptied Congolese prisons as he criticizes President Joe Biden’s handling of immigration. Official federal data shows that Congolese migrants in general, not ex-prisoners in particular, represent a tiny fraction of overall arrivals.
Persons: Donald Trump’s, Patrick Muyaya Katembwe, , ” Serge Mombouli, , Joe Biden’s, Trump, “ I’ve, ” Lewis Mudge, Abdoulaye Diarra, Mark Krikorian, Michelle Mittelstadt scoffed Organizations: Washington CNN, Democratic, CNN, PAC, Trump, Fox News, Human Rights, Amnesty International, Patrol, US Customs, Center for Immigration Studies, Policy Institute Locations: Congo, Democratic Republic of Congo, Republic, Republic of, Republic of Congo, , United States, Central Africa, Congolese, America, , Mexico, South America
That same day, Mr. Trump’s campaign announced that the former president would appear alongside Mr. Moreno on Saturday in Dayton, widely interpreted as a sign that Mr. Moreno could benefit from an 11th-hour boost. Simultaneously, Mr. Moreno and his backers have portrayed Mr. Dolan as not sufficiently supportive of Mr. Trump. After Mr. Trump overwhelmingly won the former battleground state in 2016 and 2020, Ohioans sent J.D. Image Mr. Moreno has been endorsed by, and campaigned with, several Republicans with ties to Mr. Trump, including Gov. Mr. LaRose and Mr. Moreno have banded together to attack Mr. Dolan as disloyal to Mr. Trump, while both Mr. Dolan and Mr. LaRose have accused Mr. Moreno of shifting his views on everything from gun control to Mr. Trump himself.
Persons: Donald J, Trump’s, Bernie Moreno, Sherrod Brown, Moreno, Matt Dolan, Frank LaRose, Dolan, Mike DeWine, Rob Portman, LaRose, Mr, Trump, Donald Trump, , Ryan Stubenrauch, DeWine, Portman, Brown, Ohioans, J.D, Vance, Biden, Moreno’s, , Mitch McConnell, McConnell, Donald Trump Jr, ” Mr, ” Reagan McCarthy, won’t, Jim Renacci, “ Trump, Katie Smith, they’ll, Kristi Noem, Vivek Ramaswamy, Vance of Ohio, , Noem, Donald Trump isn’t, Mitzi Baird, ” Ms, Baird, Michael C, Bender Organizations: Republican, Republicans, Democrat, Senate, Mr, Democratic, Cleveland Guardians, Trump, Republican Party —, National Republican Senatorial Committee, Ohio Democratic Party, U.S . Army, Washington , D.C, , Lincoln Locations: Ohio, Dayton, Arizona, Cleveland, Washington, G.O.P, battlegrounds, Pennsylvania, Georgia, South Dakota, Cincinnati, Washington ,, Columbus, Elyria, Vermilion
Republican presidential candidate former President Donald Trump gestures to the crowd at a campaign rally Saturday, March 16, 2024, in Vandalia, Ohio. Former President Donald Trump claimed that he — not President Joe Biden — will protect Social Security and warned of a "bloodbath" if he loses in November as he campaigned for Senate candidate Bernie Moreno in Ohio. Trump also dismissed recent allegations against Moreno, comparing them to attacks he has faced through the years, including his criminal indictments. "You will not be able to have Social Security with this guy in office because he's destroying the economics of our country. "I made a promise that I will always keep Social Security, Medicare.
Persons: Donald Trump, , Joe Biden —, Bernie Moreno, Trump, Moreno, Frank LaRose, Sen, Matt Dolan, LaRose, Dolan, Mike DeWine, Rob Portman, Saturday's, isn't, I'm, Marco Rubio, Trump's, He's, Moreno's, Dan Ricci, Biden, Mitt Romney, Ohio Sen, JD Vance, Kristi Noem, Tuesday's, Sherrod Brown, Brown, Jim Renacci Organizations: Social Security, Trump, Tuesday's GOP, Gov, Buckeye Values PAC, Biden, Republican, NBC, Associated Press, Social, CNBC, Cleveland Indians, Cleveland Guardians, Ohio, South Dakota Gov, Senate Locations: Vandalia , Ohio, Ohio, Dayton, America, Washington, Tuesday's, Cleveland
A New York judge on Friday delayed Donald J. Trump’s criminal trial in Manhattan until at least mid-April, postponing the only one of Mr. Trump’s four criminal cases that appeared set to begin. Citing the records, Mr. Trump’s lawyers sought a 90-day delay of the trial, while the Manhattan prosecutors that brought the case proposed a postponement of up to 30 days. The prosecutors from the Manhattan district attorney’s office, who accused the former president of covering up a sex scandal during and after his 2016 campaign, had said the extra time would allow Mr. Trump’s lawyers to review the records that recently emerged. Mr. Trump, who recently clinched the Republican presidential nomination for the third time, was initially set to go on trial on March 25. Now, the judge in the case, Juan M. Merchan, will hold a hearing that day to determine whether the trial should be delayed further — and if so, for how long.
Persons: Donald J, Trump’s, Trump, Juan M Organizations: Manhattan, Mr Locations: York, Manhattan
Mike Pence, Donald J. Trump’s former vice president, indicated on Friday that he would not be falling into line behind the presumptive Republican presidential nominee, as some of Mr. Trump’s other previous rivals including Ron DeSantis, Vivek Ramaswamy and Tim Scott did. When asked whether he would endorse Mr. Trump now that the former president had clinched the party’s nomination, Mr. Pence said on Fox News that he “could not in good conscience” support him. “It should come as no surprise that I will not be endorsing Donald Trump this year,” he told Martha MacCallum on her talk show “The Story.”The former vice president declined to say whether he would vote for Mr. Trump in the November election, but answered, “I would never vote for Joe Biden.” He also ruled out running as a third-party or independent candidate for president, saying he remained a Republican.
Persons: Mike Pence, Donald J, Trump’s, Ron DeSantis, Vivek Ramaswamy, Tim Scott, Trump, Pence, Donald Trump, , Martha MacCallum, , Joe Biden Organizations: Fox News, Mr, Republican
Trump’s legal tactic of pursuing delays and elevating smoke-and-mirror sideshows has dramatically increased the odds that any halt of his ascent to the presidency will instead have to come from voters at the ballot box in November. Many experts agree that was Trump’s principal legal “strategy” from the outset. We need at least four delays – delay, delay, delay, delay – when we talk about the Trump strategy to match the four trials,” says Norm Eisen, former special counsel to the House Judiciary Committee during Trump’s first impeachment trial. Eisen says that even with the hiccups prosecutor incurred this week, the delay strategy can only take Trump so far. “I think the delay, delay, delay, delay tactic is going to run out of steam and we’re certain to see one criminal trial of the former president for 2016 election interference and we may very well see multiple trials,” Eisen said.
Persons: Donald Trump’s, Trump, , Norm Eisen, Trump’s, Fani Willis, Willis, Nathan Wade, Scott McAfee, Wade, McAfee, Aileen Cannon, Cannon, Jack Smith’s, Smith, Stormy Daniels, Attorney Alvin Bragg, Bragg, Eisen, ” Eisen, Organizations: Republican, White, Trump, Presidential Records, Manhattan, Attorney, Southern, of, Justice Department Locations: Fulton County, Georgia, of New York, Florida
This is not the first time that China has seen a frenzy over TikTok consume Washington. In 2020, former President Donald J. Trump issued an executive order that would have forced TikTok’s Chinese owners to sell the popular app. Now, U.S. lawmakers are again attempting to force ByteDance, TikTok’s Chinese owner, to give up control of the app. Instead, officials in Beijing have blasted the bill but largely reiterated common criticisms of U.S. policy as unfair to China. Mr. Trump, the expected Republican presidential nominee, has said he opposes the bill despite his 2020 executive order against TikTok.
Persons: Donald J, Trump, ByteDance Organizations: TikTok Locations: China, Washington, Beijing, Montana, U.S, United States
With no major GOP opponents, ex-President Donald Trump easily won the Georgia primary on Tuesday. But Nikki Haley still won roughly 20,000 Election Day votes despite her exit from the WH race. Statewide, Haley won about 78,000 votes in the GOP primary. And roughly 20,000 of those votes were cast on Election day, according to The Atlanta Journal-Constitution. AdvertisementThe ghost of the 2020 election still lingersIn the 2020 election, Biden won Georgia by a 0.23% margin, or roughly 12,000 votes out of roughly 5 million ballots cast.
Persons: Donald Trump, Nikki Haley, , Donald Trump romped, Trump, Haley, Joe Biden, Raphael Warnock, Jon Ossoff, Warnock, Republican Herschel Walker, Brian Kemp's, Stacey Abrams, Kemp, Brian Kemp, Georgia, Brynn Anderson, Fulton, Biden, Cobb, Brad Raffensperger, Trump's, Raffensperger Organizations: GOP, Georgia, WH, Service, Georgia Republican, South Carolina Gov, Trump, Super, The Atlanta, UN, Georgia Republicans, Republican, Independents, Gov, AP, Peach State Republicans, Biden, Georgia . College Locations: Atlanta, Georgia, Cobb , DeKalb, Fulton, Gwinnett, Atlanta ,, , DeKalb, Cobb, Fulton County, Trump
Less than two weeks before Donald J. Trump is set to go on trial on criminal charges in Manhattan, the prosecutors who brought the case proposed a delay of up to 30 days, a startling development in the first prosecution of a former American president. The Manhattan district attorney’s office, which accused Mr. Trump of covering up a sex scandal during and after the 2016 presidential campaign, said the delay would give Mr. Trump’s lawyers time to review a new batch of records. In response to the new records — tens of thousands of pages of them — Mr. Trump’s lawyers requested that the trial be delayed 90 days. Mr. Trump, who clinched the Republican presidential nomination for the third time this week, faces four criminal trials and several civil lawsuits. The Manhattan case had been the only one of the four criminal cases not mired in delays.
Persons: Donald J, Trump Locations: Manhattan, American
The White House reportedly plans to follow tradition and authorize national security briefings for Trump after he officially becomes his party’s nominee at the Republican National Convention in July. Serious financial need is a top reason for denial of clearances for federal government positions requiring access to classified national security information, due to vulnerability to bribery or coercion. Given the risks posed by Trump’s access to national security intelligence, we must ask whether Biden’s asymmetrical belief in sticking to political norms is an Achilles heel. In opting to provide intelligence briefings to candidate Trump, they are likely to impose conditions on the briefings for security reasons. In granting intelligence briefings to his rival, he clearly reasoned that preserving a nonpartisan tradition was the wisest decision at this difficult moment in the nation’s history.
Persons: Frederick D, Baron, Dennis Aftergut, Donald Trump, Joe Biden, Frederick Baron, Cooley, Biden, Trump, Jamie Raskin, Robert Hur’s, Jack Smith, Raskin, , Putin, , Steve Benen, John Bolton, Obama, John Brennan, Adam Schiff, Organizations: of National Security, Department of Justice, Intelligence, Defending American Democracy, CNN, Trump, White, Republican National Convention, Sensible, Southern District of, Maryland, Foreign Relations, Helsinki Trump, NATO, MSNBC, Mar, National Security Council, National Security, CIA, House Intelligence, Thursday’s State, Union Locations: Southern District, Southern District of Florida, Russia, Helsinki, , New York, Thursday’s
Their November collision began to look even more likely after Mr. Trump scored a decisive win in Iowa in January. Already, Mr. Trump and Mr. Biden had shifted their focus away from the primaries. But Mr. Biden has already been using the political and financial apparatus of the Democratic National Committee. Mr. Biden is viewed unfavorably by a majority of Americans — a precarious position for a president seeking re-election — although so is Mr. Trump. Mr. Biden and his allied groups also have a significant financial advantage over Mr. Trump, whose legal bills are taking a toll.
Persons: Biden, Donald J, Trump, Mr, Nikki Haley, Biden’s, , Joe Biden, , Haley, Trump’s, California’s, Robert F, Kennedy Jr, Dean Phillips, Marianne Williamson, Juan M Organizations: Tuesday, Associated Press, Democratic, Republican, Mr, Washington State, Democratic National Committee, Republican National Committee, D.C, Dean Phillips of Minnesota, Manhattan Locations: Iowa, Georgia, Georgia , Mississippi, Hawaii, Vermont, Washington, Gaza, New York
SAN FRANCISCO (AP) — Billionaire Elon Musk abruptly canceled “The Don Lemon Show" on his social media network X after the former CNN anchor recorded an interview with the billionaire for its as-yet unaired first episode. X announced in January a “new content partnership” with Lemon for the show, saying it would post 30 minute episodes three times a week on subjects including politics, culture, sports and entertainment. That deal was part of the struggling platform's efforts to bolster its content offerings and attract advertisers. X also announced shows hosted by former member of Congress Tulsi Gabbard and sports radio host Jim Rome. Photos You Should See View All 60 ImagesLemon was fired by CNN last year after a 17-year run with the network.
Persons: Elon Musk, Don Lemon, Musk, Lemon, “ Elon Musk, , Tesla, , ” Lemon, X, Tulsi Gabbard, Jim Rome, Nikki Haley Organizations: FRANCISCO, , CNN, Twitter, YouTube, X, Republican Locations: San Francisco
Former US President and Republican presidential hopeful Donald Trump arrives for a "Commit to Caucus" rally in Clinton, Iowa, on January 6, 2024. Former President Donald Trump has secured enough delegates to seal the Republican presidential nomination, NBC News projects, setting up a 2024 rematch with President Joe Biden, who clinched the Democratic nomination earlier Tuesday night. Trump came into Tuesday's contests in Georgia, Hawaii, Mississippi and Washington as the presumptive nominee after vanquishing all his primary opponents, while Biden faced little opposition in his primary. While Biden ran virtually unopposed on the Democratic side, Trump steamrolled through a Republican primary that included a handful of prominent politicians. He won all but two contests (Vermont and Washington, D.C.) through Tuesday and retained his grip on the Republican primary electorate in the process.
Persons: Donald Trump, Joe Biden, Trump, vanquishing, Biden, Nikki Haley, Trump's, Chris Christie, Asa Hutchinson, Will Hurd —, Ron DeSantis, Vivek Ramaswamy —, Mike Pence, Haley, DeSantis Organizations: NBC News, Democratic, Former United Nations, Republican, Trump, D.C, New, New Jersey Gov, Arkansas Gov, Texas Rep, Florida Gov Locations: Clinton , Iowa, Georgia, Hawaii , Mississippi, Washington, Milwaukee, Vermont, New Jersey, Arkansas, Florida, Trump
But Trump’s comments on TikTok and Social Security, both in an unfettered interview on CNBC, suggest not calculation, but confusion about Social Security and ambivalence about TikTok. Social Security was a top issue during the Republican presidential primary, when Trump attacked his GOP opponents, accusing them of wanting to take social security benefits away from older Americans. In an ad-libbed and meandering answer during a telephone interview broadcast on CNBC, Trump seemed to suggest that he was open to cutting Social Security. Have you changed your, your outlook on how to handle entitlements Social Security, Medicare, Medicaid, Mr. President? His answer also did nothing to address Kernen’s larger question, about Social Security and Medicare’s insolvency crisis.
Persons: Donald Trump’s, Joe Biden, Biden, Trump, It’s, CNBC’s Joe Kernen, we’ve, Joe Biden’s, Karoline Leavitt, ” It’s, Abby Phillip, Nikki Haley, ByteDance, ” Trump, ” Biden, Brian Fung, Jeff Yass, Steve Bannon, Organizations: CNN, Social Security, Trump, CNBC, Social, Republicans, Republican, GOP, ISIS, Federal Reserve, Treasury Department, South Carolina Gov, House Republicans Locations: Trump, TikTok’s China, China, TikTok, Yass
President Biden in his budget this week staked out major economic battle lines with former President Donald J. Trump, the presumptive Republican presidential nominee. The proposal offers the nation a glimpse of the diverging directions that retirement programs, taxes, trade and energy policy could take depending on the outcome of the November election. During the past three years, Mr. Biden has enacted key pieces of legislation aimed at bolstering the green energy economy, making infrastructure investments and reinforcing America’s domestic supply chain with subsidies for microchips, solar technology and electric vehicles. Few of those priorities are shared by Mr. Trump, who has pledged to cut more taxes and erect new trade barriers if re-elected. Here are some of the most striking differences in the economic policies of the two presidential candidates.
Persons: Biden, Donald J, Trump Organizations: Mr Locations: United States
A majority of Hispanics, and even a plurality of Black voters, said Biden’s policies would cause inflation to rise, the survey found. You can’t not make the contrast and comparison.”These negative retrospective assessments of the Biden and Trump economic records create huge headwinds for the president. “Voters—even past Biden voters who disapprove of his economic record—clearly reject what Trump and Republicans are offering,” Democratic pollster Margie Omero said in an email. After voters were exposed to Biden’s populist arguments, assessments of his economic record improved in the group’s polling, Clark said. But even after hearing that case, most voters in the group’s surveys still gave Biden negative marks for his economic performance, the study found.
Persons: Joe Biden, Donald Trump, Trump, Biden, Biden –, , , Danielle Deiseroth, West Virginia Sen, Joe Manchin, Shawn Fain, Evelyn Hockstein, Adam Green, Michael Tyler, Republican pollster Micah Roberts, It’s, Jim McLaughlin, ” McLaughlin, Roberts, ” Roberts, can’t, ” Tyler, Margie Omero, , Bobby Clark, Clark Organizations: CNN, GOP, Trump, Teamsters, Democratic, ACA, West, United Auto Workers, Biden, CNBC, Social Security, Republican, White, NBC News, New York Times, Siena College, CBS, Union, Locations: Wisconsin, Michigan, Belleville , Michigan, Scranton , Pennsylvania, Democratic, State, Biden’s
President Joe Biden is starting to win the inflation blame game against corporations. Still, voters growing frustration with businesses is a relief for the White House and Biden's reelection campaign. The consumer price index released Tuesday found that inflation ticked 0.4% higher in February, mostly matching analysts' expectations. In another welcome data point for Biden, consumer confidence has seen a record turnaround. In a CNBC interview on Monday, Trump slammed Biden's economy and "through the roof" energy and food prices.
Persons: Joe Biden, Biden, Donald Trump, Trump, he's, I'm Organizations: Granite State YMCA Allard Center of Goffstown, Times, Michigan Ross, Democratic, White, Union, University of Michigan, Financial, CNBC, Social Security, Biden Locations: Granite, Goffstown , New Hampshire, Michigan, New Hampshire
What’s clear is that Mr. Trump is no longer the outsider voice that resonated with these voters in 2016. Still, their concerns about him do not necessarily make Mr. Biden or Democrats look better by comparison. For all but one of these voters, Mr. Trump’s shortcomings do not translate into increased support for Mr. Biden at this point. But could Mr. Biden win some of them over, especially those whose top issue in this election is protecting and defending democracy? We put that question to these lapsed Trump voters, and the scale of Mr. Biden’s challenge was clear in their answers.
Persons: Donald Trump, , Trump, Robert F, Kennedy Jr, Kennedy, MAGA, Lago, Biden, Mr, Biden’s Organizations: Republican, Republican Party, Republicans, Mr, Trump
Their November collision began to look even more likely after Mr. Trump scored a decisive win in Iowa in January. Already, Mr. Trump and Mr. Biden had shifted their focus away from the primaries. But Mr. Biden has already been using the political and financial apparatus of the Democratic National Committee. Mr. Biden is viewed unfavorably by a majority of Americans — a precarious position for a president seeking re-election — although so is Mr. Trump. Mr. Biden and his allied groups also have a significant financial advantage over Mr. Trump, whose legal bills are taking a toll.
Persons: Biden, Donald J, Trump, Mr, Nikki Haley, Biden’s, , Joe Biden, , Haley, Trump’s, California’s, Robert F, Kennedy Jr, Dean Phillips, Marianne Williamson, Juan M Organizations: Tuesday, Associated Press, Democratic, Republican, Mr, Washington State, Democratic National Committee, Republican National Committee, D.C, Dean Phillips of Minnesota, Manhattan Locations: Iowa, Georgia, Georgia , Mississippi, Hawaii, Vermont, Washington, Gaza, New York
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Wall Street ends mixedU.S. stocks ended mixed Monday as investors await key inflation data for clues on the Federal Reserve's path on rate cuts. Oracle shares spikeOracle shares surged 13% as quarterly earnings topped estimates, but revenue came in slightly soft of expectations. [PRO] Barclay's three global picksBarclays picked three European stocks for investors to consider buying for the next quarter.
Persons: Dow, Bitcoin, Shaun Rein, it's, Safra Catz, Trump, Donald Trump Organizations: CNBC, Nasdaq, China Market Research, Oracle, Facebook, Barclays Locations: China, U.S
"Will never fund any Republican candidates or leadership PACs (or the NRSC) run by Republicans who vote against the TikTok legislation," venture capitalist Keith Rabois wrote on X. "Support for the TikTok bill is an IQ test" for members of Congress, Rabois wrote in an email to CNBC. In February, Rabois gave $500,000 to the Congressional Leadership Fund, a political action committee that backs House Republican candidates, according to a Federal Election Commission filing. A managing director at Khosla Ventures, Rabois gave just over $41,000 combined last year to the National Republican Senatorial Committee. Rabois said that whether or not he continues to support the NRCC will be partly tied to how Republican leadership handles the upcoming vote.
Persons: Keith Rabois, Will, ByteDance's, Rabois, Donald Trump, Elon Musk, Chuck Schumer, ByteDance, Mike Johnson, Steve Scalise, Tom Emmer, TikTok Organizations: Khosla Ventures, TechCrunch, San Francisco Design Center, Republicans, CNBC, Congressional, Fund, Republican, Tesla, Senate, Democrat, National Republican, Committee, National Republican Congressional Committee, CCP Locations: San Francisco , California, United States, China, American, La
He has repeatedly accused three Black prosecutors investigating him of “reverse racism.” He told a gathering of Black Republicans that Black people like him because he, too, has been charged by the criminal justice system. There’s a fundamental tension in Donald J. Trump’s attempts to woo Black voters. Public polling shows him faring better with Black voters than any Republican presidential candidate has in decades. Mr. Trump currently receives nearly four times the support from Black voters in polling than the 6 percent who actually voted for him in 2016, according to Pew Research Center data. The margins of victory are expected to be small in those four states, where Mr. Trump hopes to offset his potential weaknesses with independent voters and suburban women.
Persons: , Donald J, Trump’s, Biden, Cornel West, Robert F, Kennedy Jr, Trump Organizations: Black Republicans, Black, White House, Republican, Pew Research Locations: Michigan , Wisconsin , Pennsylvania, Georgia
Former President Donald Trump's attorneys are asking the judge presiding over his impending criminal trial in New York to delay the trial until after the U.S. Supreme Court issues its ruling on the scope of presidential immunity. If granted, the longshot bid would delay the trial, which is scheduled to start March 25, by several weeks, if not months. While actress Stormy Daniels received the money from Trump's attorney Michael Cohen before he became president, Trump's payments to Cohen — and the allegedly falsified business records — came after he was in the White House. His lawyers contend Judge Juan Merchan should delay the trial until after the Supreme Court issues its ruling on the scope of presidential immunity in the federal election interference case against the former president. The high court is scheduled to hear arguments in that case on April 25.
Persons: Donald Trump, Donald, Trump, Stormy Daniels, Michael Cohen, Cohen —, , Judge Juan Merchan Organizations: Fox News, Greenville Convention Center, U.S, Supreme Locations: Greenville, Greenville , South Carolina, New York
During Trump's trade war, Chinese consumers turned away from some U.S. goods and services in protest. SBUX 1Y mountain Starbucks 1 year Shares of Starbucks rose 1% on Monday as investors, perhaps, shrugged off China trade war worries. Such a scenario could fuel skepticism — already a worry among investors — about Starbucks' appeal to a broad swath of Chinese consumers. "I fear they're too expensive for China," Jim Cramer recently said, referring to Starbucks. As the coffee market matures in China, Starbucks believes the industry will undergo a more defined tiered competition dynamic, which would expand opportunities as a high-end brand.
Persons: Donald Trump, Joe Biden, Kevin Johnson, we're, shrugged, Jim Cramer, Jeff Marks, Peter Saleh, wouldn't, Saleh, Trump, Biden, Jim Cramer's, Jim, Alex Tai Organizations: CNBC, Democratic, Starbucks, U.S, Club, Getty Locations: China, U.S, Washington, Beijing, Trump, India
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