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☆ Universal basic income pros and cons —according to experts
▼ + stars: | 2024-09-26 | by ( Allie Kelly | ) www.businessinsider.com time to read: +13 min

BI broke down the pros, cons, and frequently asked questions about basic income. Universal basic income and guaranteed basic income could fill gaps in the existing US social safety net, experts said. A benefit of basic income is the element of choice, according to Shafeka Hashash, associate director of guaranteed income at the Economic Security Project. Private donors often fully or partially fund basic income programs, lessening the cost burden on local governments. US states with active basic income programs include California, Illinois, Colorado, New York, Georgia, Louisiana, and more.

Persons: —, Melvin Carter, Paul, Shafeka Hashash, Hashash, It's, John Gillette, Oscar Wong, UBI, Andrew Yang, Howlette, hasn't, Michael Tubbs, Allan Baxter, What's, Sam Altman, Elon Musk Organizations: Service, Business, St, SDI, SNAP, Economic Security, Arizona, Rep, American, Orleans Mayor's, Youth, University of British Columbia, Alaska Permanent Fund, Tech Locations: Valley, America, Los Angeles and Illinois, Texas, Missouri, Arizona , Iowa, South Dakota, Orleans, Denver, Atlanta, Alaska, California , Illinois, Colorado , New York , Georgia, Louisiana, Canada, Brazil, China, Germany, India, Iran, Ireland, California, New Mexico, Oregon

☆ Starmer is selling Britain on gloom, and patience is wearing thin
▼ + stars: | 2024-09-25 | by ( Rob Picheta | ) edition.cnn.com time to read: +9 min

Protesters demonstrate outside the Labour Party conference venue in Liverpool against the withdrawal of the winter fuel allowance, on September 23, 2024. “It has felt a bit blunt,” a Labour Member of Parliament admitted after Starmer’s speech Tuesday, summing up the sentiment across much of conference. Unfortunately, the realities of governing are beginning to bite the Labour Party – and it is likely he will need to show some returns far sooner. Starmer’s speech was was light on fresh content but a heckler was calmly removed and the key messages were confidently delivered. But a premiership can only survive on doom and gloom for so long, and patience is already wearing thin among much of the wider party.

Persons: Keir Starmer, –, Ian Forsyth, Starmer, Taylor, “, Rachael Maskell, Sir Keir Starmer, Peter Byrne, Maskell, ”, Boris Johnson’s, ” –, Patience, Opinium, Sunak, ” James Crouch ,, Reeves, Rachel Reeves, heckler Organizations: Liverpool, England CNN —, Labour, Protesters, Labour Party, Labour Party –, Conservative, Public, Arsenal soccer, Wembley, CNN, ”, London, Tory, National Health Service, Organisation for Economic Co, Development, United Nations General Assembly Locations: England, Liverpool, Starmer’s, Opinium, Britain, New York, July’s

CNN —New York City Mayor Eric Adams has been indicted on at least one federal criminal charge, multiple sources familiar with the matter tell CNN. The indictment follows a monthslong federal investigation into campaign fundraising violations and foreign influence. The mayor is expected to have several days to turn himself in, according to sources familiar with the case. New York City campaign finance records show Arkan donated $1,500. As part of their investigation, FBI agents seized Adams’ cell phones days after the raid on Suggs’ home.

Persons: Eric Adams, Adams, “, ” Adams, He’s, Edward Caban, Lisa Zornberg, Adams ’, Zornberg, David Banks, Brianna Suggs, Suggs, Erden Arkan, Arkan, Suggs ’, ”, Jumaane Williams Organizations: CNN, New, New York City, The New York Times, Mansion, City Hall, US, Southern, of, NYPD, Democratic Party, New York Police Department, KSK, FBI, Democratic, Turkish Locations: New York, New, of New York, America’s, City, Brooklyn, New York City, Manhattan, Adams ’, Turkish, Turkey, Üsküdar

The Summary Brett Favre revealed on Tuesday that he has Parkinson's disease. Hall of Fame quarterback Brett Favre’s announcement that he has Parkinson’s disease is bringing renewed attention to the potential links between collision sports and a risk of brain disease. It definitely says something.”Neurologists who treated boxing legend Muhammad Ali concluded in 2022 that his medical history supported a diagnosis of young-onset Parkinson’s disease, but they could not link the disease to head trauma. Many former football players have been found to show signs of the brain disease, which can only be diagnosed post-mortem. Crutchfield said it’s important for players to take breaks after a head trauma to avoid more serious brain injuries.

Persons: Brett Favre, Brett Favre’s, Favre, ”, I’ve, Parkinson’s, ” Favre, Angelina Katsanis, AP Favre, “, Shannon Shaffer, Hannah Bruce, Bruce, ” Neurologists, Muhammad Ali, Ali, Kevin Crutchfield, ’ ”, Crutchfield, Thor Stein, ” Stein, CTE, Stein Organizations: of Fame, NFL, POLITICO, AP, National Football League, Green Bay Packers, Army, —, Cleveland Clinic, Rune Labs, Boston University Alzheimer’s Disease Research, Hackensack Meridian Health, Boston, CTE Locations: Mississippi, Parkinson’s

☆ Texas lawsuits keep challenging guaranteed basic income programs, calling no-strings-attached cash 'unconstitutional'
▼ + stars: | 2024-09-24 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

Read previewTexas Attorney General Ken Paxton is calling guaranteed basic income "unlawful." This new lawsuit comes after Paxton sued the county in April over another guaranteed basic income pilot called Uplift Harris. Some Texas lawmakers have called guaranteed basic income socialist, or a means to "hand out money like popcorn." Related storiesPaxton's lawsuit could impact the livelihoods of GBI participantsFor many participants, guaranteed basic income is a financial safety net. Have you participated in a guaranteed basic income program?

Persons: —, Ken Paxton, Paxton, Harris, St . Louis, Harris County Attorney Christian D, Menefee, Delwin Sutton, Sutton, Rodney Ellis, Ellis Organizations: Service, Prosperity, Texas Supreme, Business, Attorney's, General's, Texas, Republican, Harris County Attorney, Community Prosperity Locations: Texas, Harris County, Harris, Houston, America, Arizona , South Dakota, Iowa, St .

☆ Where Harris is outspending Trump the most
▼ + stars: | 2024-09-23 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +4 min

Read previewAs Vice President Harris and former President Donald Trump enter the most expensive stretch of the election, their respective spending habits say a lot about the state of the race. And while polls may be tight, the money race isn't — Harris is outspending Trump by approximately $5 million every single day, according to the most recent federal filings. Harris is outspending Trump in ad buys in every single swing state, Bloomberg reported based on data from AdImpact. AdvertisementNeither the Trump nor Harris campaigns immediately responded to Business Insider's request for comment. Trump is outspending Harris in terms of direct mail by a ratio of approximately three-to-one.

Persons: —, Harris, Donald Trump, isn't — Harris, outspending Trump, Trump, Anne Hathaway, Whoopi Goldberg, Timothy Mellon, Elon Musk, outspending Harris, doesn't Organizations: Service, Business, Bloomberg, Democratic, Cipriani Wall, New York Times, Big, Trump, Elon, Labor, Musk's America PAC Locations: Pennsylvania, Michigan , Georgia, Arizona , Wisconsin, North Carolina, Nevada, Michigan, Georgia , Wisconsin , Arizona, Silicon Valley, San Francisco, Los Angeles

☆ FTC chair Lina Khan explained how Americans lost their privacy protections to Big Tech
▼ + stars: | 2024-09-23 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

In a "60 Minutes" interview that aired Sunday, FTC Chair Lina Khan said allowing Big Tech to go through hundreds of acquisitions in the past several decades was a mistake that hurt Americans. An FTC spokesperson did not respond to a request for comment. "After some of those firms were bought up by one of the big guys, all of those data privacy policies changed overnight, and so Americans lost those privacy protections." A WhatsApp spokesperson told BI at the time that the company disagreed with the decision and that the penalties were "entirely disproportionate." An FTC spokesperson told CNN in 2023 that, under Khan, the agency has investigated or sued to stop more than three dozen merger proposals.

Persons: —, Lina Khan, Khan, Mark Zuckerberg's, we're, WhatsApp, Joe Biden, Kamala Harris, Reid Hoffman, Khan's, Matt Gaetz, Newsmax Organizations: Service, Trade, Big Tech, Business, Facebook, FTC, YouTube, Democratic, Republican, CNN, Florida, Street Journal Locations: Washington ,

☆ Mark Robinson's scandal could cost Trump North Carolina's electoral votes — and the election
▼ + stars: | 2024-09-22 | by ( John L. Dorman | ) www.businessinsider.com time to read: +7 min

Meanwhile, Trump and Vice President Kamala Harris are locked in a tight race in North Carolina. AdvertisementThat year, Trump also won North Carolina — albeit narrowly — against now-President Joe Biden. Former President Donald Trump is banking on a victory for his campaign in North Carolina. The GOP is up against a Harris campaign that's flush with cash and has 26 field offices and over 200 paid staffers in North Carolina. But North Carolina is critical for Trump.

Persons: —, Mark Robinson —, Donald Trump —, Robinson, Josh Stein, Trump, Kamala Harris, Roy Cooper, Joe Biden, eked, Stein, Donald Trump, Anna Moneymaker, Dale Folwell, doesn't bode, Harris, Biden, The Harris, Martin Luther King, Anderson Clayton, MSNBC's Chris Hayes, she'll, Harris doesn't, didn't Organizations: Service, North Carolina Republican, Gov, Business, GOP, CNN, Democratic, Greensboro City Council, Democratic Gov, North Carolina, New York Times, Siena, Quinnipiac University, Emerson, News & Observer, Trump, North Carolina Democratic Party Locations: North Carolina, Greensboro, Southern, Wilmington

The largest single-contributor donations went to MAGA Inc., the super PAC backing Trump, with Wisconsin roofing billionaire Diane Hendricks, a prolific GOP megadonor, giving $10 million to the group. On the Democratic side, tech entrepreneurs were the biggest donors to FF PAC, also known as Future Forward, a super PAC backing Harris’ presidential bid. Moskovitz donated $3 million to FF PAC, while Hastings, Jeff Lawson and Erica Lawson each gave $1 million. Super PACs like FF PAC and MAGA Inc. are havens for prolific political megadonors like Hendricks, Lutnick and Hastings because, unlike campaigns and their affiliated committees, super PACs don’t have limits on how much individuals can donate. Yass and Uihlein are both major GOP megadonors who have given to Club for Growth and other conservative groups for multiple election cycles.

Persons: Kamala Harris, Donald Trump, Diane Hendricks, Howard Lutnick, Cantor Fitzgerald, Paul Singer, Annette Caldwell Simmons, Harold Simmons, Warren Stephens, Harris, Leon Neal, Dustin Moskovitz, Reed Hastings, Twilio, Jeff Lawson, Erica, Moskovitz, Erica Lawson, Hastings, Joe Biden, Hendricks, Jeff Yass, Richard Uihlein, Amos Hostetter Jr Organizations: Democrats, Republicans, Federal, MAGA Inc, PAC, Trump, GOP, Elliott Management, Stephens Inc, Democratic, FF PAC, Facebook, Netflix, Growth, Susquehanna International Group, for Growth, House, Congress, Continental Cablevision Locations: Wisconsin, Hastings, Lutnick, Yass, Uihlein

☆ Harris’ cash edge funds advertising blitz as Elon Musk cuts big check to House Republicans, new filings show
▼ + stars: | 2024-09-21 | by ( David Wright | Fredreka Schouten | ) edition.cnn.com time to read: +6 min

The Harris campaign also dramatically outspent the Trump campaign in August, burning through about $174 million. By comparison, Trump’s campaign spent just $61 million last month, with the lion’s share – more than $47 million – going toward media buys. The Trump and Harris campaigns are aligned with an array of committees that file disclosure reports on a separate schedule. The Trump campaign, as CNN has previously reported, has opted to outsource much of its ground game operation to outside organizations. The super PAC spent more than $77 million in August, including nearly $62 million on independent expenditures to benefit the vice president’s campaign.

Persons: CNN — Kamala Harris, Donald Trump, Elon Musk, Harris, Trump, outraised, Joe Biden, Biden, –, Kevin Mohatt, Diane Hendricks, Paul Singer, Dustin Moskovitz – Organizations: CNN, Democratic, Congress, Republican, GOP, Federal, Trump, Republicans, Democratic Congressional, National Republican Campaign, PAC, National Republican, Democratic Senatorial, MAGA Inc, FF PAC, Harris, Facebook Locations: Washington ,, Wisconsin

☆ Harris raised 4 times more than Trump in donations for final election sprint
▼ + stars: | 2024-09-21 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +1 min

Vice President Kamala Harris substantially outraised and outspent former President Donald Trump in August, ending the month with more cash to fund her final sprint to the November election, according to new filings from the Federal Election Commission. The Harris campaign raised over $189 million in August, more than quadruple the $44 million sum that the Trump campaign brought in. The Harris campaign announced earlier this month a total $361 million August haul from campaign donations joint with the Democratic National Committee and fundraising committees. That dwarfed the $130 million raised between the Trump campaign and its joint fundraising committees. The Harris campaign on Saturday accepted an invitation from CNN to hold a second debate on Oct. 23, but Trump has so far staunchly maintained that he will not do a rematch.

Persons: Kamala Harris, Donald Trump, Harris, Trump Organizations: Democratic, Republican, National Constitution Center, Federal, Commission, Democratic National Committee, Trump, CNN Locations: Philadelphia

☆ Harris agrees to potential CNN debate with Trump on Oct. 23
▼ + stars: | 2024-09-21 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

U.S. Vice President Kamala Harris, the Democratic presidential nominee, speaks at the Cobb Energy Performing Arts Centre in Atlanta on Sept. 20, 2024. Jen O'Malley Dillon, chair of Harris and vice presidential nominee Tim Walz's campaign, said in a statement that Harris has accepted CNN's invitation to a debate on Oct. 23. "I will gladly accept a second presidential debate on October 23. But as Harris was raising millions of dollars following the campaign, Trump declined to face her again. "She's done one debate," Trump said at a rally in North Carolina on Saturday.

Persons: Kamala Harris, Harris, Donald Trump, Jen O'Malley Dillon, Tim Walz's, Trump, O'Malley Dillon, It's, it's, Joe Biden, Biden, —, Rebecca Picciotto, Pimco's Libby Cantrill Organizations: Democratic, Cobb Energy Performing Arts Centre, Republican, ABC News, Trump Media & Technology, Trump, CNBC, CNN, Democratic National Convention Locations: Atlanta, Georgia, North Carolina

☆ Cards Against Humanity sues Elon Musk's SpaceX for allegedly trespassing on Texas land
▼ + stars: | 2024-09-20 | by ( David Ingram | David Ingram Is A Tech Reporter For Nbc News. | ) www.nbcnews.com time to read: +4 min

The maker of the party game Cards Against Humanity has sued Elon Musk’s SpaceX accusing it of trespassing on and damaging company-owned property in Texas. The dispute involves a plot of vacant land near Brownsville, Texas, far from the Cards Against Humanity corporate headquarters in Chicago. No wall was ever built on the property, where the company keeps a “No Trespassing” sign, according to the company. Cards Against Humanity said it bought the land after 150,000 people each paid $15 toward a crowdfunding effort. Cards Against Humanity complained to SpaceX about the alleged trespassing and damage, according to a website the game maker set up devoted to the lawsuit.

Persons: Elon, Donald Trump, CAH, “ Organizations: Humanity, SpaceX, crowdfunding, Tesla, Reuters, CNBC Locations: Texas, Brownsville , Texas, Chicago, U.S, Mexico, Starbase, Rio Grande, of Mexico

☆ The freebie phase of the 2024 campaign: From the Politics Desk
▼ + stars: | 2024-09-19 | by ( The Politics Desk | ) www.nbcnews.com time to read: +9 min

Among Black voters over 50, 89% said they back Harris, but for those under 50, that figure drops to 75%. Jim Pillen and about two dozen Republican legislators on behalf of the Trump campaign as part of an effort to change how Nebraska allocates its Electoral College votes. Jim Pillen and about two dozen Republican legislators on behalf of the Trump campaign as part of an effort to change how Nebraska allocates its Electoral College votes. Read more → 💻 Hacking fallout: Iranian hackers sent material they stole from Trump’s campaign to people associated with Biden’s campaign, according to the FBI. Read more →Iranian hackers sent material they stole from Trump’s campaign to people associated with Biden’s campaign, according to the FBI.

Persons: Jonathan Allen, Donald Trump, Kamala Harris, Mark Robinson, he’s, Trump, ransoming, Caroline Bruckner, ” Bruckner, Harris, She’s, “, ”, Charlie Dent, Read, Adam Edelman, Alexandra Marquez Mark Robinson, Robinson, Josh Stein, Kamala Harris ’, Stephanie Perry, Curtis Bunn, undecideds, Joe, Lin, Jim, teri, Ira Organizations: NBC, White House, Capitol, CNN, Trump, Social, Republican, NAZI, Democratic, Black, Howard University Initiative, Public, Biden Locations: Carolina, Washington, N.C, North Carolina, Black, Arizona , Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, bou

WASHINGTON — As president, Donald Trump slashed a lucrative tax break enjoyed by coastal donors and suburban swing-state voters. What shifted more than the economy is Trump's needs, said Caroline Bruckner, managing director of American University's Kogod Tax Policy Center. The reversal is one of a flurry of freebies that Trump and his rival, Vice President Kamala Harris, are offering voters in the stretch run before Election Day. Trump’s proposal to repeal the SALT cap, which is set to expire next year if Congress takes no action, would reduce federal revenue by $1.2 trillion over a decade, according to CRFB’s estimate. But many voters in those counties would stand to benefit considerably from a repeal of the SALT cap.

Persons: Donald Trump, he's, Trump, ransoming, Caroline Bruckner, Bruckner, Kamala Harris, Peter Zay, Harris, She’s, “, ”, Charlie Dent, ” Dent, ” Donald Trump, Jeff Kowalsky, Marc Goldwein, ” Goldwein, ” Harris, —, Donald Trump won’t, James Singer, Joe Biden’s, I’ve, it’s, Mark Cuban, Jackson, Biden —, Dent Organizations: WASHINGTON, Trump, Getty, Social, Foundation, Social Security, Democratic, CNBC, Tax Foundation, NBC News, Tax Locations: Washington, Anadolu, AFP, South Carolina, Mississippi, Harris, Manhattan, San Francisco, Silicon, Valley , Idaho, Aspen , Colorado, , Wyoming, Westchester County , New York, Fairfield County , Connecticut, Maricopa County, Arizona's, Philadelphia, Wilmington , Delaware, Montgomery, Chester, Delaware, Allegheny County

☆ Warren Buffett's death plan dodges taxes and will make his kids 'philanthropic titans,' says wealth inequality guru
▼ + stars: | 2024-09-19 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

This story is available exclusively to Business Insider subscribers. On the positive side, he's not creating private wealth dynasties. But his children will become philanthropic titans by wielding taxpayer-subsidized private power through enormous charitable foundations upon his death. A progressive annual wealth tax, with rates becoming steeper as wealth goes above $1 billion. A cap on the charitable deduction so that wealthy people, like Buffett, don't get to opt out entirely of paying taxes.

Persons: —, Warren Buffett, Berkshire Hathaway, he's, Chuck Collins, Buffett, Collins, Bill Gates, don't Organizations: Service, Business, Institute for Policy Studies, Berkshire Locations: Berkshire

☆ From Oprah livestream to house parties, Black women marshal unprecedented outreach for Kamala Harris
▼ + stars: | 2024-09-19 | by ( Fredreka Schouten | Rene Marsh | ) edition.cnn.com time to read: +11 min

“There is a real clear understanding that this election is a monumental election,” Win With Black Women founder Jotaka Eaddy told CNN. Juliana Yamada/APGroups led by Black women also are launching new political ventures to aid Harris. And she was among the Black women who publicly urged Biden to remain in the race, following his poor June 27 debate performance. Black female organizers in the state also are extending their reach far beyond other Black women. “At the end of the day, what you’re not going to do is blame Black women for not doing their job,” she said.

Persons: DeJuana Thompson, Kamala Harris, “, ”, Thompson, Harris, Oprah Winfrey, Joe Biden, Jotaka Eaddy, Juliana Yamada, Black, Jack, Jill of America, Daria Dawson, “ There’s, ” Hillary Holley, Stacey Abrams, Georgia’s, Holley, –, ” Holley, We’ve, Andrew Harnik, Biden, Obama, Melanie Campbell, Campbell, ” Campbell, Steve Phillips, Harris ’, Win, Kamala, Winfrey, Anna Moneymaker, Donald Trump, Doug Jones, Barack Obama, Janice Robinson, Robinson, Nervahna, Hillary Clinton, Mary Starkey, Clinton, you’re, we’re Organizations: CNN, Democratic, America, YouTube, Win, Women, ”, Black Women, Alpha Kappa Alpha, AP, Howard University, sorority, Delta Sigma Theta, National Council of Negro Women, National Domestic Workers Alliance, Democratic National Convention, Biden, White, Black College and Universities, Red Wine, North Locations: Chicago, Birmingham , Alabama, Pleasanton , California, American, Georgia, Atlanta, Arizona , Georgia, Nevada, North Carolina, Charlotte , North Carolina, Carolina, Alabama, Black, Charlotte, Delaware

☆ New York Democrats are desperate to avoid repeat of their 2022 midterm collapse
▼ + stars: | 2024-09-18 | by ( Gregory Krieg | Gloria Pazmino | ) edition.cnn.com time to read: +12 min

New York Democrats offered a wide array of excuses for their disastrous 2022 midterms, when Republicans flipped four seats outside New York City on their way to winning a narrow US House majority. Now, less than two months out from the 2024 general election, the state party, its campaign season allies, chastened candidates and Gov. D’Esposito is one of five New York GOP freshmen facing an onslaught from Democrats determined to claw back suburban voters. “New York is the reason Democrats lost the House in 2022,” said Pamela Shifman, president of the Democracy Alliance, a liberal group spending big in New York this year. “There’s more focus than there was the last couple cycles, both from the state party, but also obviously the national committees,” the strategist said.

Persons: Kathy Hochul, Donald Trump’s, Anthony D’Esposito’s, Laura Gillen, Joe Biden, Gillen, Marc Molinaro, Mike Lawler, Nick LaLota, Brandon Williams, Kamala Harris, ”, Pamela Shifman, Nancy Pelosi, Pelosi, “, Jay Jacobs, ” Hochul, Andrew Caballero, Reynolds, Ana María Archila, Archila, Trump, Hakeem Jeffries, Jeffries, Kirsten Gillibrand, Lizzy Weiss, Hochul, Andrew Cuomo, Tom Suozzi, Republican George Santos, Gabby Seay, Chip Somodevilla, “ Jeffries, “ He’s, Seay, Michael Bloomberg, Elizabeth Frantz, Lawler, Sean Patrick Maloney, Mondaire Jones, ” Lawler, Jones, Roe, Lee Zeldin, Riley Gaines Organizations: CNN, New York Democrats, Republicans, Gov, Democratic, Republican Rep, New York GOP, Trump, Democracy Alliance, Politico, Democratic National Convention, New, Getty, Families Party, Democratic Congressional, Committee, New York’s, Republican, ”, Capitol Visitor Center, GOP, PAC, New York Fund, Empire, New York, Congressional, Democrats, Rep, “, Working, Party, US, Wade, Convention Locations: New York City, Long, York, Hudson, Central New York, “ New York, New York, Chicago, AFP, Washington ,, strategizing, strategize, Gaza, Suozzi, Hudson Valley, State

☆ Tech M&A has been thwarted by regulators, but dealmakers skeptical that election will change much
▼ + stars: | 2024-09-17 | by ( Jordan Novet | ) www.cnbc.com time to read: +12 min

Amazon abandoned its $1.7 billion purchase of iRobot in January after the FTC and European regulators raised concerns. Since peaking at $1.5 trillion in 2021, tech transaction volume has plummeted, dropping to $544 billion last year, according to Dealogic. Before the company announced its $27 billion purchase of data analytics software company Splunk last September, he said he viewed the risk as absolutely worth taking. Alphabet's last big deal was its $5.4 billion purchase of cybersecurity company Mandiant in 2022. Microsoft closed its massive $75 billion purchase of Activision in October, but it took 20 months and a protracted fight with U.S. and European regulators.

Persons: Lina Khan, Jonathan Kanter, Khan, Joe Biden, Drew Angerer, Biden, Permira, Thoma, Sen, JD Vance, Donald Trump's, Barry Diller, Reid Hoffman, Kamala Harris, Andrew Luh, Gunderson Dettmer, Figma, Dana Rao, Rao, We've, they've, Juniper, Salesforce, Antonio Neri, Pau Barrena, Neri, Sergio Letelier, hasn't, Letelier, Marc Benioff, It's Benioff's, Slack, Benioff, Derek Idemoto, who's, Idemoto, that's, Splunk, HPE's Letelier, it's, Harris, Trump Organizations: U.S . Federal Trade Commission, Justice, Brookings Institution, U.S, Senate, Getty, Google, Amazon, Microsoft, Federal Trade Commission, iRobot, FTC, BlackRock, Thoma Bravo, KKR, Republican, CNBC, Democratic, Trump, Big Tech, Justice Department, DOJ, Apple, Meta, Adobe, European Commission, UK Competition, Markets Authority, Justice Department's Antitrust, Hewlett Packard Enterprise, Mobile World Congress, MWC, AFP, Juniper, Markets, DOJ's Antitrust, European Union, EU, Software, Cisco, Activision, Foreign Investment, Regulators, Bloomberg, Tech Locations: Washington, Europe, Barcelona, Pau, Salesforce, United States

☆ Where the race stands with 50 days to go: From the Politics Desk
▼ + stars: | 2024-09-16 | by ( The Politics Desk | ) www.nbcnews.com time to read: +6 min

In today’s edition, senior political editor Mark Murray breaks down where the polling stands 50 days out from Election Day. Plus, we look at how Donald Trump is dispensing with unity in his response to the apparent second assassination attempt against him. Where the 2024 race stands with 50 days to goBy Mark MurrayJust 50 days out from the 2024 presidential election, Democrats are in a stronger place than they’ve been in this entire year because of their switch in candidates, but the contest remains close. In turning so fast to Biden and Harris, Trump skipped past appeals for sympathy and even a perfunctory call for calm or unity. Some Trump allies believe that the campaign squandered an opportunity for unity following the first assassination attempt.

Persons: Mark Murray, Donald Trump, Mark Murray Just, they’ve, Kamala Harris, Sunday’s, Harris, it’s, We’ve, There’s, Trump, Harris ’, Jonathan Allen, Matt Dixon, Katherine Doyle, Joe Biden, ”, Sunday . Billionaire Elon Musk, ” Biden, Mike Johnson, Ronald Rowe, Johnson, —, Biden, hat’s Organizations: NBC, White House, Capitol, Trump, ABC News, Reuters, Democrats, Des Moines Register, Hawkeye State, Des, ABC, New York Times, Siena College, Sunday . Billionaire, Biden, Fox News Digital Locations: Pennsylvania, Iowa, Hawkeye, Des Moines

He said their rhetoric is responsible for threats and violence against him, even though they routinely denounce political violence and did so on Sunday. In turning so fast to Biden and Harris, Trump skipped past appeals for sympathy and even a perfunctory call for calm or unity. The Secret Service fired at a suspect, who fled and was quickly apprehended by police. "I am thankful that former President Trump is safe." The area around Trump International Golf Club was secured after an apparent assassination attempt on Donald Trump in West Palm Beach, Fla., on Sunday.

Persons: Donald Trump, Trump, Kamala Harris, Joe Biden, Elon Musk, Biden, Harris —, Harris, Ric Bradshaw, Mike Johnson, Ronald Rowe, Johnson, won’t, —, Spencer Platt, Musk, Joe Raedle, We're, ” Trump, George Floyd's, Nancy Pelosi's, — Biden — Organizations: Biden, Republican, Secret Service, Trump, ABC, Fox News, Convention, Republican National Convention, Democratic Party, Democrat Party, Trump International Golf, Minneapolis police, Capitol Locations: Palm, Palm Beach, Mar, Butler , Pennsylvania, Pennsylvania, Milwaukee, New York, West Palm Beach, Fla

☆ Harris can chart her own path with the top regulators — and Big Business hopes she's on their side
▼ + stars: | 2024-09-16 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +9 min

Chris Larsen, the billionaire founder of blockchain payments company Ripple who is among the execs to endorse Harris, told Business Insider he wants her to make different appointments if she wins. "The way that they have already been interacting with business leaders is a compelling indication of where things could go in the future," Levie told Business Insider. Kovacic previously told Business Insider that Harris' relationship to economic progressives like Warren remains unclear. "It's not as though they think she will simply be an agent of Big Tech," he previously told Business Insider. "In the next four years, we'll be dealing with major policy subjects that relate to the next many decades of innovation," he told Business Insider.

Persons: —, Joe Biden, hamstrung, he'd, Sen, Elizabeth Warren of, Biden, Warren, Warren's, Lina Khan, Gary Gensler, Kamala Harris, Khan, William Kovacic, That's, Harris, Adam Kovacevich, Elizabeth Warren, Kovacevich, Kamala Harris doesn't, Politico, winced, Aaron Levie, Arati Prabhakar, Chris Larsen, Larsen, Catalini, Gensler, Dallas Mavericks Mark Cuban, Levie, Kovacic, Obama, Douglas Farrar, we'll Organizations: Service, White, Democratic, Business, Federal Trade Commission, Securities, Exchange, George Washington University, of, Consumers Bank Association, Science, Technology, Bloomberg, MIT Cryptoeconomics, SEC, Dallas Mavericks, FTC, Democratic Party, Warren, Biden, Big Tech, Harris Locations: Elizabeth Warren of Massachusetts, Biden's, Harris, California, Gensler

☆ Save on taxes and bolster your portfolio before year-end with these moves
▼ + stars: | 2024-09-16 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

It's September – and that means it's prime time to think about maximizing after-tax returns as the year winds down. Of course, there may be a price to pay for that performance: Uncle Sam will want his share of taxes. Here are a few steps that could help you hold onto more of your portfolio's returns this year. Munis spin out income that's free of federal taxes, and they may be exempt from state levies if the investor resides in the issuing state. By directly giving low basis highly appreciated stock (instead of selling the position and donating cash proceeds), you avoid incurring the capital gains tax.

Persons: it's, Sam, Nathan Hoyt, Joel Dickson, Vanguard's, Dickson, James Shagawat, Roth, Shagawat, Malcolm Ethridge, –, Ethridge Organizations: Nvidia, Regent Peak Wealth, Investors, Roth IRA, Treasurys, Wealth Locations: Atlanta, AdvicePeriod, Paramus , New Jersey, New York , New Jersey, California, Rockville , Maryland

☆ Crypto spending on 2024 election hits $190 million, led by Winklevoss twins
▼ + stars: | 2024-09-16 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +6 min

The Winklevoss twins, Coinbase and Ripple didn't immediately respond to requests for comment. Huge jump from 2020Delmore, who has been assembling reports on crypto donations in the 2024 election for blockchain analytics platform Breadcrumbs, told CNBC that industry spending is nearly double where it was in the mid-terms — more than $190 million in the 2024 election versus $98 million in the 2022 election. It's nearly 13 times spending in 2020 of $15 million — a figure based on a mix of data from FEC and OpenSecrets filings. Unlike the past two election cycles, which featured spending from the now-bankrupt crypto exchange FTX and founder Sam Bankman-Fried, this year's contributor list is more robust and diverse. "Most of the crypto donations in 2022 were from FTX and SBF and almost all of them went to Democrats or PACs that support Democrats," Delmore said.

Persons: Tyler Winklevoss, Cameron Winklevoss, Joe Raedle, Cameron, James Delmore, Donald Trump, Chris Larsen, Brad Garlinghouse, Ro Khanna, John Deaton, Democratic Sen, Elizabeth Warren, Stuart Alderoty, Alderoty, Ripple, David Sacks, Trump, Gary Gensler, Gensler, Harris, Biden, Delmore, It's, Sam Bankman, Fried, Andreessen Horowitz, Coinbase, Coinbase's Organizations: Gemini, Mana Convention, Getty, CNBC, Trump, Republican, Trump America PAC, Fairshake PAC, Labs, Democratic, SEC, San, FEC, Citizen, Fairshake, Bloomberg, Crypto Alliance, DC Locations: Wynwood, Miami , Florida, bitcoin, Massachusetts, San Francisco, FTX

☆ Trump is blaming Harris and Biden for his assassination attempts — and fundraising off it
▼ + stars: | 2024-09-16 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +5 min

In the email, Trump insisted that he would "NEVER SURRENDER." "He believed the rhetoric of Biden and Harris and he acted on it," Trump said of Ryan Wesley Routh, the 58-year-old suspect. AdvertisementIn that assassination attempt, a Secret Service counter-sniper shot and killed the gunman who shot Trump. Related storiesTrump raised $137 million in July and the first assassination attempt may have contributed to the impressive total, the Associated Press reported. The GOP-led House has been investigating the agency's response to the first assassination attempt.

Persons: —, Donald Trump's, Trump, Biden, Harris, Ryan Wesley Routh, Routh, Bernie Sanders, Nikki Haley, Joe Biden, Kamala Harris, JD Vance, It's, Phil, Steven Cheung, Kimberly Cheatle Organizations: Service, Business, Fox News Digital, Media, Associated Press, Trump, AP, Authorities, Fox, Communist, GOP Locations: Florida, Butler , Pennsylvania, Manhattan

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