DIRS.INFO The most relevant business & tech news

Polish American voters are having a moment. “The Polish American vote there is meaningful,” Jackson said. “A question I frequently get is whether there is even such a thing as a Polish American vote. The efforts by Harris and Trump show “the candidates are clearly making a play for the Polish American vote,” said Dominik Stecula, an assistant professor of communications at Ohio State University. Many Polish Americans do not speak Polish and have never been to Poland, and they long ago moved to the suburbs from the tightly packed Polish neighborhoods that once predominated.

Persons: Kamala Harris, Donald Trump, ” Harris, Trump, Harris, Tom Malinowski, Maureen Pikarski, Joe Biden's, Malinowski, Andrzej Duda, Duda, David James Jackson, “, ” Jackson, ”, Dominik Stecula, ” Malinowski, Stecula, ” Stecula, Vladimir Putin, Putin, Jackson, it’s Organizations: Polish, New, Harris Facebook, Biden, National, of, Solidarity, Bowling Green State University, Trump, Ohio State University, Democratic, Piast Institute, Survey Locations: Pennsylvania, New Jersey, Chicago, Polish, Poland, Ukraine, Krakow, Czestochowa, Philadelphia, Soviet Union, Ohio, Polish American, Pennsylvania , Michigan, Wisconsin, Michigan, Stecula, U.S, Luzerne County, Wilkes, Barre

☆ Judge extends temporary restraining order against Biden's student debt forgiveness plan
▼ + stars: | 2024-09-19 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +1 min

President Joe Biden's student debt forgiveness plan faces another setback as a federal judge extended the temporary restraining order against it on Wednesday. U.S. District Judge Randal Hall, who was appointed by former Republican President George W. Bush, said that Biden's plan would remain blocked for an additional 14 days. The ruling came as the Biden administration was expected to publish its final rule on a revised student loan forgiveness plan in October. The judge first issued a temporary restraining order on Sept. 5 shortly after the lawsuit was filed. Those enrolled in the plan, around 8 million people, do not have to make payments at this time.

Persons: Joe Biden's, Randal Hall, George W, Bush, Biden, Hall, Arkansas — Organizations: . U.S, Republican, GOP, U.S . Department, CNBC Locations: ., Florida, North Dakota, Georgia , Ohio, Alabama , Missouri, Arkansas

☆ Iranian hackers sent stolen Trump campaign info to Biden campaign associates, FBI says
▼ + stars: | 2024-09-19 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Michael-Kosnar-Circle-Byline-Template.Jpg | Michael Kosnar | ) www.nbcnews.com time to read: +4 min

Iranian hackers have continued to make attempts since late June to transmit nonpublic stolen material tied to Trump’s campaign to media organizations, according to Wednesday’s statement, which noted that the FBI is tracking the activity. In a statement Wednesday, Trump campaign spokeswoman Karoline Leavitt said Iranians wanted to help Vice President Kamala Harris, who replaced Biden as the Democratic nominee, "because they know President Trump will restore his tough sanctions and stand against their reign of terror." To be known as the Iran, Iran, Iran case!" Harris campaign spokesperson Morgan Finkelstein said the campaign has cooperated with law enforcement since it learned about the hacking effort. Law enforcement agencies contacted those people and the Biden campaign to make them aware of the emails, the sources said.

Persons: Donald Trump’s, Joe Biden's, Trump, Karoline Leavitt, Kamala Harris, Biden, Harris, Morgan Finkelstein, We’re, Finkelstein Organizations: Democratic, FBI, National Intelligence, Infrastructure Security Agency, NBC, Islamic Revolutionary Guard Corps, Trump, Biden, NBC News, Justice Department, United Nations Locations: Iran, Russia, China, Iranian

☆ Rate cuts are a double edged sword for Kamala Harris
▼ + stars: | 2024-09-19 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +6 min

As former President Donald Trump insists that the rate cut was fueled by partisan politics, Harris has to thread the needle with her rhetoric, experts told Business Insider. Celebrate the rate cut and she risks fueling Trump's narrative; ignore the rate cut and she doesn't get to claim a desperately needed economic victory. "This is a double edged one for Harris," Mark Blyth, a political economist at Brown University, said. Advertisement"On the other hand, Vice President Harris is running to be president of the same economy that the Federal Reserve is managing," Tedeschi told Business Insider. But Blyth remains skeptical that the rate cut will have a lasting impact in an election that's been defined by volatility.

Persons: Kamala Harris, Donald Trump, Harris, doesn't, Mark Blyth, Joe Biden's, Ernie Tedeschi, Mike Johnson, Tedeschi, Powell, Trump, Blyth, people's, they've, Danny Hayes, Thursday Harris, Dow Organizations: Service, Federal Reserve, Brown University, Yale Budget, Republicans, Wall Street Journal, Trump, Blyth, George Washington University, Business

☆ Fans of the Bachelor Could Decide the 2024 Presidential Election
▼ + stars: | 2024-09-18 | by ( Juliana Kaplan | Andy Kiersz | ) www.businessinsider.com time to read: +17 min

Ben Higgins tried to parlay his Bachelor success into a political career, but the campaign didn't last long. The focus on Bachelor Nation also makes sense given the franchise's viewership is dominated by one of the most crucial swing votes of recent elections: white women. In the past two presidential elections, white women were the most closely split demographic subgroup tracked by major exit polls. In 2016, Donald Trump won over 52% of white women against Hillary Clinton's 43%, exit polls found, while Trump bested Joe Biden in 2020 among white women 55% to 44%. The overlap between the swingiest demographic and the "Bachelor" audience suggests Bachelor Nation has value to those who seek to lead our nation.

Persons: Ben Higgins, Charming, Higgins, He's, that's, Acierto, Young Sheldon, Joey Graziadei's, Graziadei, Doug Emhoff, Kamala Harris, Chad Kultgen, Lizzy Pace, Pace, Harris, Kultgen, Joey Graziadei, John Fleenor, Walz, Big, YouGov, Donald Trump, Hillary Clinton's, Trump, Joe Biden, Hulu —, they're, Natasha Scott, Reichel, Rose, Scott, Claire Fallon —, —, Becca Kufrin's, Fallon, Emma Gray, Garrett Yrigoyen, Kufrin, Yrigoyen, — Colton Underwood, — Fallon, Matt James, Rachael Kirkconnell, James ', Chris Harrison, it's, Justine Kay, Charity Lawson —, Joe Biden's, he's, Juliana Kaplan, Andy Kiersz Organizations: Disney, ABC, NFL, Valentine's, White, Daily, Nation, Pew Research, Trump, Hulu, Girls, Bachelor Nation Locations: American, Colorado, America, Atlanta, Quinnipiac, Georgia, North Carolina, Hulu, Washington

☆ Trump and Harris' NABJ appearances couldn't have been more different. But both were light on key policy issues.
▼ + stars: | 2024-09-17 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +3 min

Read previewWhen former President Donald Trump spoke to the National Association of Black Journalists in July, he sparked outrage and said his opponent "happened to turn Black." In particular, their responses to questions about economic plans were hazy, all as the economy remains a key issue for many voters. Between questioning Harris' racial identity and whether she passed her bar exam —she did — Trump fielded questions about how he would support Black voters economically. When pressed on his exact plans, Trump redirected the conversation to President Joe Biden's debate performance, immigration policy, and plans for electric vehicles. A similar dynamic played out during the debate — Trump spewed racist rhetoric about Haitian migrants in Ohio, while Harris remained on message.

Persons: —, Donald Trump, Kamala Harris, Harris, — Trump, Trump, Joe Biden's, she's Organizations: Service, National Association of Black Journalists, Business Locations: Gaza, Ohio

☆ Millions of student-loan borrowers are about to lose a key safeguard that'll put their credit scores and debt relief at risk
▼ + stars: | 2024-09-16 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Read previewA key protection for student-loan borrowers is ending this month. On September 30, the on-ramp period for federal student-loan borrowers is coming to an end. AdvertisementThe Education Department has not announced any further protections for missed payments, but it's working to carry out different forms of relief. Additionally, President Joe Biden's second attempt at broader student-loan forgiveness is also already facing a lawsuit, delaying the timeline for millions of borrowers to get debt relief. The legal challenges, along with the conclusion of the on-ramp period, present a challenging time for student-loan borrowers as the year comes to a close.

Persons: —, Joe Biden's Organizations: Service, Education Department, Business, Public, Office, Congressional, New York Federal Reserve, Social Security, Department, GOP

☆ Trump's debate fumble let Harris redefine the race
▼ + stars: | 2024-09-14 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +7 min

Trump even muddled the most basic attack on connecting Harris to Biden, claiming at one point that Biden "hates" his own vice president. Trump, an acolyte of Roy Cohn, forgot the controversial lawyer's most famous adage to "Attack, Attack, Attack" when he needed it the most. And as he did, all night, Trump took the bait, spending the first part of his rebuttal defending the money his father gave him. Harris continues to have a slight lead in the major national polling averages, but the race remains even closer in key swing states. After reversing himself many times, Trump declared before the weekend that he would not debate Harris again.

Persons: —, Donald Trump, Kamala Harris, Trump, Harris, Joe Biden's, isn't, Sen, JD Vance, Vance, Abraham, Lindsey Graham, Biden, Mike Pence, Bush, Karl Rove, Roy Cohn, Hunter, Joe Biden, you've, Tim Walz, Walz, Doug Emhoff, Gwen Walz Organizations: Service, Business, Trump, Republican, New York Times, Publicly, Abraham Accords, Politico, The New York Times, Ivy League, Wharton School of Finance, White House, Democratic, Biden Locations: United States, Harris, Ukraine, Ohio, Siena, North Carolina, Michigan, Wisconsin, Minnesota, Nevada , Arizona, Florida, Georgia , New Hampshire, Maine, Arizona

☆ The US is considering a sovereign wealth fund. Alaska already has one, and it's funding a universal basic income.
▼ + stars: | 2024-09-14 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Read previewBipartisan momentum is building around a sovereign wealth fund that could help the United States reduce its national debt or fund ambitious projects. And former President Donald Trump recently called for a similar state-owned investment fund to finance "great national endeavors" during a campaign stop at the Economic Club of New York. AdvertisementAlaska's fund offers benefits that mimic a universal basic income — a no-strings-attached, recurring payment distributed to people regardless of socioeconomic status. Federal lawmakers likely see a sovereign wealth fund serving a different purpose, like supporting industries or financing supply chain initiatives. Sovereign wealth funds — like Alaska's or Norway's Government Pension Fund Global, which is the largest in the world — are often funded by wealth generated from state-owned natural resources.

Persons: —, Joe Biden's, Donald Trump, Sarah Cowan, Winston Ma, Hunt, Ma Organizations: Service, White, Economic, of New, Business, Alaska Permanent Fund, NYU, Unicorns, Fund Locations: United States, of New York, American, Alaska

☆ Congress to get beefed-up security for electoral vote certification on Jan. 6
▼ + stars: | 2024-09-12 | by ( Zoë Richards | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Michael-Kosnar-Circle-Byline-Template.Jpg | ) www.nbcnews.com time to read: +2 min

The counting and certification of electoral votes at the Capitol in January — the first since the Jan. 6 riot in 2021 — will come with significantly increased security, the Secret Service said Wednesday. The Department of Homeland Security has designated the Jan. 6 count as a national special security event, affording it a level of security similar to events like the State of the Union address and the Super Bowl. “National Special Security Events are events of the highest national significance,” Eric Ranaghan, the special agent in charge of the Secret Service’s Dignitary Protective Division, said in a statement Wednesday. The Secret Service, which is part of the Department of Homeland Security, also cited reports from the former House Jan. 6 committee and the Government Accountability Office, which had asked Homeland Security Secretary Alejandro Mayorkas to consider the enhanced security measures. The designation will unlock federal, state and local resources to be used in its security plan, the Secret Service said.

Persons: Donald Trump's, Joe Biden's, ” Eric Ranaghan, “, Muriel Bowser, Alejandro Mayorkas Organizations: Capitol, Service, Department of Homeland Security, Super, Secret, Republican, Democratic, United Nations General Assembly, Office, Homeland, Justice Department

☆ U.S. supports two permanent UN Security Council seats for Africa, Reuters reports
▼ + stars: | 2024-09-12 | by ( ) www.cnbc.com time to read: +4 min

The United States supports creating two permanent United Nations Security Council seats for African states and one seat to be rotated among small island developing states, U.S. The United States supports creating two permanent United Nations Security Council seats for African states and one seat to be rotated among small island developing states, U.S. Developing nations have long demanded permanent seats on the Security Council, the most powerful body in the United Nations. The 193-member U.N. General Assembly has annually discussed reform of the Security Council for more than a decade. Each year the General Assembly elects five new members from different geographical groups for two-year terms on the Security Council.

Persons: Linda Thomas, Greenfield, Joe Biden's, Antonio Guterres, Guterres, U.N, Thomas Organizations: United, United Nations Security, Pacific, Security, Security Council, United Nations, Council, Foreign Relations, Thomas, Reuters, General, General Assembly, Washington Locations: United States, U.S, Africa, Gaza, Thomas, India, Japan, Germany, United, New York, Washington, Russia, China, France, Britain, U.N, Ukraine

☆ From abortion to fracking, Harris and Trump tailored their message to Pennsylvania. Why the pivotal swing state matters.
▼ + stars: | 2024-09-12 | by ( John L. Dorman | ) www.businessinsider.com time to read: +6 min

And for Trump, flipping Pennsylvania — a state he narrowly won in 2016 but lost in 2020 — would give him a broader path to winning back the White House. Trump tried to bring fracking into focusIn 2019, when Harris was running for the 2020 Democratic presidential nomination, she voiced support for a ban on hydraulic fracturing — or fracking. And recognizing the political potency of the issue, Harris on Tuesday sought to distance herself from her past comments by pointing to her record as vice president. From 1992 to 2012, only Democratic presidential nominees carried the state. In the state's Real Clear Politics polling average, Harris and Trump are both currently tied at 47.6% support.

Persons: —, Kamala Harris, Donald Trump, Harris, Trump, fracking, It's, Joe Biden's, Roe, Wade, Biden, Josh Shapiro, Chip Somodevilla, Hillary Clinton, Joe Biden Organizations: Service, Business, Trump, Democratic, US, Pennsylvania, GOP — Democrats, Biden, Democrats, Clear, Pennsylvania Convention Locations: Philadelphia, Pennsylvania, Michigan, Wisconsin, Arizona, Georgia, United States, fracking, Central, Western Pennsylvania, Philadelphia's, Johnstown

☆ A Trump victory could send bitcoin to $125,000, but new records are likely no matter who wins election, says Standard Chartered
▼ + stars: | 2024-09-12 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Bitcoin is likely to reach at least one more all-time high by the end of this year, according to Standard Chartered. That's likely regardless of whether Vice President Kamala Harris or former President Donald Trump wins the presidential election this November – a variable that others have viewed as a make-or-break game changer for the industry since Trump threw his public support behind the industry this summer. "BTC will end 2024 at fresh all-time highs under either election outcome – [circa] $125,000 level under Trump or c.$75,000 level under Harris," he said. The firm maintains its view that bitcoin will reach the $200,000 level by the end of 2025, regardless of this year's election outcome. That's one reason so many are hoping the election could trigger some movement in bitcoin.

Persons: Bitcoin, Kamala Harris, Donald Trump, Trump, Harris, Geoff Kendrick, Joe Biden's, Elizabeth Warren, Gary Gensler, Biden, Kendrick, Michael Bloom Organizations: Chartered, BTC, Trump, Securities, Exchange, Democratic Locations: bitcoin

☆ Inside the media circus that still surrounds America's presidential debates
▼ + stars: | 2024-09-11 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +9 min

Related storiesThe media center, set in a cavernous convention center hall the size of a football field, could have been anywhere. Shapiro finishing an interview with CNN in the spin room. Rep. Robert Garcia in the spin room. And most of us understand that the spin room is a manifestation of the unholy mixture of news and entertainment that's often inescapable as a national reporter. If you care what Anthony Scaramucci has to say about anything, as the Harris campaign apparently thinks you might, then he's on hand.

Persons: Doug Burgum, Donald Trump's, Burgum, Kamala Harris, It's, Trump, Harris, Bryan Dozier, —, Ronald Reagan's, Robert F, Kennedy Jr, Josh Shapiro, Shapiro, Chip Somodevilla, it's, We're, Robert Garcia, Joe Biden's, Garcia, Matt Slocum, surrogates, Matt Gaetz, Donald Trump, Vivek Ramaswamy, Lindsey Graham of, Anthony Scaramucci, Khizr Khan, Ramaswamy, Sean Hannity, Lindsey Graham, Tim Scott of, Kevin Dietsch Organizations: Service, Pennsylvania Convention Center, GOP, Variety, Pennsylvania Convention, Getty, National Constitution, CNN, Twitter, AP, Star, Democratic, Fox News, Trump Locations: California, Pennsylvania, Florida, Sen, Lindsey Graham of South Carolina, Sens, Tim Scott of South Carolina

☆ Kamala Harris' face game in the debate is on point
▼ + stars: | 2024-09-11 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +1 min

Kamala Harris' face game was on point during her ABC debate with Donald Trump. She maintained a small smile while Trump was speaking, looking thoroughly unimpressed by his words. AdvertisementVice President Kamala Harris came ready to play in the ABC presidential debate — and appeared to have learned some lessons about how the debate split screen can help or hurt candidates. When it wasn't her turn to speak, Harris often kept her gaze fixed on her debate opponent, former President Donald Trump. She also modulated her facial expressions — giving Trump some serious side-eye and looking thoroughly unimpressed when he made claims she disagreed with.

Persons: Kamala Harris, Donald Trump, Trump, Joe Biden's, —, Harris Organizations: ABC, Service, Trump, Business

☆ Biden administration did not fast-track student loan relief before final rule: official
▼ + stars: | 2024-09-11 | by ( Annie Nova | ) www.cnbc.com time to read: +5 min

U.S. President Joe Biden speaks as he announces a new plan for federal student loan relief during a visit to Madison Area Technical College Truax Campus, in Madison, Wisconsin, U.S, April 8, 2024. But the Biden administration official told CNBC that the Department of Education had only instructed loan servicers to get ready for the debt cancellation. The program is the third Biden administration effort to forgive student debt to end up blocked by Republican-led legal challenges. In June 2023, the Supreme Court ruled that the administration's first attempt to cancel up to $400 billion in student debt without prior authorization from Congress was unconstitutional. Two months ago, a federal appeals court temporarily halted Biden's new affordable repayment plan for student loan borrowers, known as SAVE.

Persons: Joe Biden, Joe Biden's, Miguel Cardona, servicers, Randal Hall, Mark Kantrowitz, Kantrowitz, Biden, Hall, Luke Herrine Organizations: Madison Area Technical, Truax, Biden, U.S . Department of Education, AGs, of Education, CNBC, Department of Education, DOE, Missouri Attorney General's, Department, Republican, SAVE, University of Alabama Locations: Madison , Wisconsin, U.S, Georgia, Augusta , Georgia, Missouri, Alabama, Arkansas, Florida, North Dakota, Ohio

WASHINGTON — Allies of Donald Trump see Tuesday's debate as a pivotal moment for the Republican presidential nominee — a chance to shore up support and turn the corner from Kamala Harris' post-nomination "honeymoon." Trump allies are hopeful that the debate will cap a turnaround from the recent weeks of tumult and help him enter the fall on a competitive footing. “Everyone on Team Trump firmly believes that we’re better-positioned to win,” said a source close to Trump. Harris poses a different set of challenges for Trump on the debate stage. “The Democrats and the Harris campaign have done an amazing job at messaging and hitting at the right time.

Persons: Donald Trump, —, Kamala Harris, ”, Hillary Clinton, Trump, Joe Biden's, Biden, Harris, Republicans fretting, Team Trump, we’re, “ Harris won’t, they’re, ” Trump, he's, ” Jason Miller, Brandon Scholz, Scholz, Republicans —, Brian Kemp, “, Dan Eberhart, Corey Lewandowski, ” Eberhart, “ Trump, “ They’ve, Ed Broyhill, they’ve, ” Harris ’, Ford O'Connell, wasn’t, ” Scholz, Sen, Rick Santorum Organizations: WASHINGTON — Allies, Republican, Trump, Democratic, Republicans, Team, Wisconsin GOP, Supporters, Georgia Gov, North Carolina Republican National, Biden, GOP, “, Democrats Locations: WASHINGTON, Milwaukee, Trump, Biden's, Florida, Wisconsin, New York City

☆ Harris wants to raise the top capital gains tax rate to 28%. How that compares to recent history
▼ + stars: | 2024-09-10 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

As the election ramps up, many investors are focused on capital gains taxes and how proposals from both parties could impact their assets. Democratic presidential nominee Vice President Kamala Harris last week proposed a 28% tax on long-term capital gains, or profits from the sale of assets owned for more than one year, for those making more than $1 million annually. Her plan would also raise the net investment income tax, or NIIT, from 3.8% to 5%, The Wall Street Journal reported last week. If Harris proposes raising the NIIT to 5%, the combined rate would be 33% for top earners. Biden's plan would raise the combined rate to 44.6%.

Persons: Kamala Harris, Donald Trump, Sen, Bernie Sanders, NBC's, Harris, filers Harris, Joe Biden's Organizations: Democratic, Sunday, Finance, IRS, Street Locations: Milwaukee , Wisconsin, U.S, Bedminster , New Jersey

☆ How Trump vs. Harris is playing out on Wall Street ahead of the debate
▼ + stars: | 2024-09-10 | by ( Kaja Whitehouse | ) www.businessinsider.com time to read: +3 min

This story is available exclusively to Business Insider subscribers. For Wall Street bankers, traders, and executives, the election also stands to affect their jobs and business prospects, from US trade relations to demand for megamergers. To see where Wall Street's top leaders stand ahead of Tuesday's debate, Business Insider scoured the Federal Election Commission website for individual donations from Wall Street leaders between 2023 and August. The data showed donations from leaders across investment banking, private equity, and hedge funds, including Blackstone and Evercore. See below to find which Wall Street tycoons are voting for which candidate in 2024 presidential election, in alphabetical order:

Persons: —, Donald Trump, Kamala Harris —, Richard Haass, Goldman Sachs, Trump, China —, Morgan Stanley, Harris, Joe Biden's, Biden Organizations: Service, Foreign Relations, Business, Centerview Partners, Wall Street, megamergers, Blackstone, JPMorgan, Citi, Bank of America Locations: China

☆ Nearly a million more children fell into poverty last year. Both presidential campaigns want to give parents money to fix that.
▼ + stars: | 2024-09-10 | by ( Juliana Kaplan | Madison Hoff | ) www.businessinsider.com time to read: +5 min

Read previewMore children fell into poverty last year — and it could signal a major issue for both candidates as the presidential election heats up. But child poverty rose faster than that, from 12.4% to 13.7%. "The effectiveness of such a policy is evident when one considers the effects of the Child Tax Credit." And with child poverty only worsening, what candidates can deliver for parents might be particularly salient. Is the rise in child poverty and lack of assistance impacting your family?

Persons: —, Steven Durlauf, Joe Biden's, Kamala Harris, Donald Trump's, Joseph Costello, Harris, Walz, JD Vance, Anna Kelly, Kelly, Trump, Adam Ruben, Josh Bivens, they'd Organizations: Service, Business, The University of Chicago, Stone Center for Research, Harris School of Public, Child Tax, Pew Research Center, Economic Security, Census, Economic Policy Institute, jkaplan Locations: U.S

☆ The new Trump trade is bitcoin, price could top $80,000 if he wins election, according to Bernstein
▼ + stars: | 2024-09-09 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

As November's Election Day draws nearer, so does bitcoin's eventual breakout from this year's narrow trading range, according to Bernstein. "We expect bitcoin to claim back new highs, in case of a Trump win and by Q4, we expect bitcoin to reach close to $80,000-$90,000 range. However, if Harris wins, we expect bitcoin to break the current floor around $50,000 and test the $30,000-$40,000 range, which it was when the bitcoin ETF momentum started in Q4'2023." BTC.CM= YTD mountain Bitcoin year-to-date Standard Chartered has forecast a bitcoin rally to $150,000 if Trump wins. "After last 3 years of regulatory purge, a positive crypto regulatory policy, can spur innovation once again and bring the users back to financial products on the blockchain."

Persons: Bernstein, Donald Trump, Kamala Harris, Gautam Chhugani, Harris, Trump, Gary Gensler, Chhugani, Massachusetts Sen, Elizabeth Warren's, TD Cowen, Joe Biden's Organizations: Trump, Securities, Exchange, Democratic Locations: —, U.S, Q4'2023, Nashville, Massachusetts

☆ This is the conflict-ridden, tension-filled world that the next US president may have to face
▼ + stars: | 2024-09-08 | by ( Chris Panella | ) www.businessinsider.com time to read: +11 min

Issues range from China and Taiwan to the Middle East to the Ukraine war. AP Photo/Evgeniy MaloletkaOver two and a half years in, the war in Ukraine has no immediate end in sight. Trump has said, without reason or evidence, that he'd end the Ukraine war in 24 hours and has repeatedly threatened to undermine the NATO alliance's collective defense. Tensions with North KoreaSince North Korea's failure in Hanoi at the Trump summits in 2019, the nation's trajectory has shifted upwards. Spencer Platt and Brandon Bell/Getty ImagesBoth Trump and Harris find themselves running for president at a particular tense time in global politics.

Persons: —, Donald Trump, Kamala Harris, Trump's, he's, Harris, Joe Biden's, Trump, Biden, Daniel Ceng, Amir Cohen, Benjamin Netanyahu, Yoon Suk, Spencer Platt, Brandon Bell Organizations: Service, Business, NATO, Hamas, Anadolu, Getty, Pentagon, Pacific Command, Trump, Reuters, Human Rights Watch, Gaza Health Ministry, US, Israel, VIA KNS, Getty Images, South Locations: China, Taiwan, Ukraine, Gaza, Russia, North Korea, Kursk, China China, Anadolu, Philippines, South China, Philippine, Beijing, Israel, Iran, Gulf of Oman, North, Hanoi, AFP, Korea, Pyongyang

☆ JPMorgan downgrades its opinion on China, but still likes these individual stocks
▼ + stars: | 2024-09-08 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Instead, JPMorgan increased its overweight recommendations on other emerging markets. Even after the change, JPMorgan still holds 18 China stocks in its global emerging markets model portfolio. The JPMorgan analysts said uncertainties about the China economic outlook range from tensions with the U.S. to "lingering deflation pressure." During three periods of escalating U.S.-China trade tensions in 2018 and 2019, the MSCI China index fell each time, according to JPMorgan China Equity Strategist Wendy Liu. As part of its China stock downgrade, JPMorgan added shares of state-owned utility operator CR Gas , while removing shares of PDD, China Construction Bank and Kingdee International.

Persons: Pedro Martins, Chetan Seth, Jake Sullivan, Kamala Harris, Joe Biden's, Harris, Donald Trump, Wendy Liu, ByteDance, — CNBC's Michael Bloom Organizations: JPMorgan, Wednesday, Sunday, Reuters, Nomura's, Nomura, JPMorgan China Equity, CR Gas, China Construction Bank, Kingdee International, Kuaishou Technology, Meituan, Hong Locations: China, U.S, Nomura's Asia, Japan, Beijing, PDD, Hong Kong, Thursday's

☆ CIA director saw ‘genuine risk’ of Russia using tactical nuclear weapons early in Ukraine war
▼ + stars: | 2024-09-07 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

CIA Director Bill Burns testifies next to Director of National Intelligence Avril Haines during a House (Select) Intelligence Committee hearing on diversity in the intelligence community, on Capitol Hill in Washington, October 27, 2021. CIA Director William Burns believed there was a real risk in the fall of 2022 that Russia could use nuclear weapons on the battlefield against Ukraine, though he said the West should not be intimidated by Russian President Vladimir Putin's threats. "There was a moment in the fall of 2022 when I think there was a genuine risk of the potential use of tactical nuclear weapons," Burns said. In the more than two years since Russia invaded Ukraine in February 2022, the Kremlin has regularly signaled that it would consider using nuclear weapons in the war. It allows the use of nuclear weapons in response to an attack with nuclear or other weapons of mass destruction against Russia or its allies, as well as a conventional attack that threatens the existence of the Russian state.

Persons: Bill Burns, National Intelligence Avril Haines, William Burns, Vladimir Putin's, Burns, Richard Moore, Joe Biden's, Sergey Naryshkin, We've, Putin, Sergei Ryabkov, Ryabkov Organizations: National Intelligence, Capitol, CIA, Financial, Kremlin Locations: Washington, Russia, Ukraine, Russian, Russia's Kursk, Kursk

☆ Harris raised over $300 million in August, extending cash windfall
▼ + stars: | 2024-09-05 | by ( Natasha Korecki | Carol E. Lee | ) www.cnbc.com time to read: +2 min

The next campaign finance disclosure deadline for Harris' campaign is Sept. 20. NBC News has asked the Harris campaign for comment. After the convention, Harris campaign officials said they had raised more than $540 million since Harris took the reins of the campaign. The whopping fundraising numbers for Harris come just after the Trump campaign reported it and related entities raised $130 million in the month of August, with nearly $300 million cash on hand. Trump's campaign reported that 98% of the month's donations came in at less than $200.

Persons: Kamala Harris, Donald Trump's, Harris, Joe Biden's, Tim Walz, Trump, Trump's, Biden, Brian Hughes Organizations: NBC News, Democratic, Minnesota Locations: Savannah GA, United States, New York, Atlanta, Los Angeles, San Francisco, Chicago, Trump's America

Search resuls for: "Joe Biden's"

25 mentions found