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Following decades of grievances, the federal government on Thursday changed a policy that disqualified some disabled veterans from receiving subsidized housing. Advocates hope a new federal policy will help more disabled homeless veterans get off the streets. A homeless veterans encampment in Los Angeles in 2021. “No matter where veterans are, if we have homeless veterans, we are committed to them,” he said. About 1,834 homeless veterans were counted in Los Angeles this year, compared with 2,696 last year.
Persons: Al Seib, Denis McDonough, Francine Orr, Karen Bass, George Rose, , Mark Rosenbaum, Rosenbaum, Terrence Hayes, Hayes Organizations: of Housing, Urban, Veterans, Los Angeles Times, Getty, Veterans Administration, “ Veterans, American Civil Liberties Union of Southern, Los, Los Angeles, HUD Locations: Al, Los Angeles, , Westwood, Brentwood, American Civil Liberties Union of Southern California, , Los Angeles County, U.S
Meanwhile, the yen strengthened 0.6% to 146 against the US dollar, after losing nearly 2% on Tuesday and Wednesday combined. But those fears, as well as a further jump in the value of the yen, are still haunting the market. The volatility in the yen, which was at the heart of recent market turmoil, remains elevated, he added. On Monday, the Nikkei plummeted by the most since 1987, sparking a broader global market sell-off. The narrowing of the interest rate differentials, which had enabled the yen carry trade, could push the yen higher, Kuptiskevich added.
Persons: Hong Kong CNN —, Germany’s DAX, Shinichi Uchida, Uchida, , Stephen Innes, Alex Kuptsikevich, Masamichi Adachi, Innes, Taiwan’s Taiex, Hang Organizations: Hong Kong CNN, Nikkei, CAC, Nasdaq, Bank of Japan, Federal Reserve, FxPro, Federal, Fed, UBS, UBS Chief Investment, Kospi, Hang Seng Locations: Hong Kong, Europe, Japan, unwind
Bernie and Pete embraced their first names while Biden, Trump and Warren favored their last names. As Kamala Harris sets her eyes on the presidency, she is using a combination. Elizabeth Frantz/ReutersFor Harris, Atir says, using “Kamala” could be “potentially costly.” A first-name reference may lead women to be perceived as less deserving and competent. “Because of confirmation bias, a clearly identified phenomenon, it’s not good for the candidate, Kamala Harris, to have it continue to go on ‘Kamala,’ ” she said. … Respect the names that people are given, and use those names with respect.”CNN’s Jacqueline Howard contributed to this report.
Persons: Bernie, Pete, Biden, Warren, Nikki Haley, Kamala Harris, “ Harris, , Kamala, Stav Atir, Atir, Elizabeth Frantz, Harris, Kamala ”, Michael Cohen, Joseph Uscinski, Gail Saltz, ” Saltz, Uscinski, Hillary Clinton, Clinton, ” Clinton, Brendan Smialowski, , mispronunciation Harris, ” Harris, , ’ ”, Georgia Republican Sen, David Perdue, “ Ka, Donald Trump, president’s, Doug Emhoff, “ Mr, Trump, Mike Pence, Morry Gash, “ Kamala ”, Jamal Simmons, Sabrina Singh, Harris ’, “ It’s, ” Uscinski, Vermont Sen, Bernie Sanders, Pablo Martinez Monsivais, that’s, ” Atir, Saltz, Dr, Sanjay Gupta, ‘ Kamala, Kamala ’, ” CNN’s Jacqueline Howard Organizations: CNN, Trump, Management, Human Resources Department, University of Wisconsin School of Business, Reuters, University of Miami, Presbyterian Hospital, Weill Cornell Medical College, Democratic, Getty, Georgia Republican, Republican, Vermont, Get CNN, CNN Health, People Locations: , AFP, Georgia, West Palm Beach , Florida, Wisconsin
The suspension of former Sangamon County Sheriff’s Deputy Sean Grayson’s law enforcement certificate came only after he was fired and charged with murder. Sean Grayson, a deputy with the Sangamon County Sheriff’s Office, faces multiple charges in the shooting death of Sonya Massey. ‘We can’t have you in our uniform’Grayson worked at six Illinois law enforcement agencies over a four-year period. Then he started working full time with Auburn police, the Logan County Sheriff’s Office, and finally the Sangamon County Sheriff’s Office in May 2023. The union representing Illinois law enforcement officers said it will not challenge Grayson’s termination.
Persons: Sonya Massey, Sean Grayson’s, Grayson, Massey, , they’ve, , Christy Lopez, Obama, Lopez, “ It’s, ” Lopez, Sean Grayson, It’s, CNN Grayson, Daniel Fultz, Jack Campbell, ” “ Grayson, ” Campbell, ” Grayson, Campbell, Brian Grisham, Bryce Dubee, “ Sean P, Kincaid, KSHB, ” Grisham, Grayson “, Logan, admonishing Grayson, “ I’m, George Floyd, Derek Chauvin, Floyd, Chauvin, Michael Brown, Ferguson, , it’s, Barack Obama’s, ” Laurie Robinson, ” Decertification, Grisham, “ We’ve, Holly Yan, Bill Kirkos, Amanda Musa, Andy Rose, Chris Boyette, Brad Parks, Dakin Andone Organizations: CNN, Army, International Association of Chiefs, Police, Georgetown University, US Justice Department, Illinois, US Army, Department of Defense, Kincaid Police Department, KSHB, International Association of, DOD, Board, Auburn Police Department, Pawnee, Auburn police, Office, Auburn, Sangamon County Sheriff’s, of Police Labor Council, George Floyd Justice, Minneapolis Police, Internal Affairs, Ferguson Police Department, Justice Department, George Mason University, Peace, Yale Law, “ Police Locations: Illinois, Sangamon County, Sangamon, Fort Riley, Kansas, Macoupin, Logan, Logan County, Missouri, Ferguson, St, Louis County, , California , Massachusetts, Minnesota , Tennessee , New York , New Jersey, Texas
AdvertisementThe amount of gold holdings in global reserves has doubled in just over five years, according to Bloomberg Intelligence analysis. "As the yellow metal carries no credit or counter-party risk, some deem it as being better insulated from financial sanctions, particularly those from the emerging world," wrote UBS' Czerwonko. Advertisement"The situation in competing jurisdictions is also dire; in the land of the blind, the one-eyed man can remain king," wrote Czerwonko. AdvertisementSimilarly, Bloomberg Intelligence said said a Wednesday report that a potential second Trump term could hasten a global currency regime change. "Any title toward isolationism in a Trump second term, such as altered US attitudes toward its role in NATO and international affairs would spur de-dollarization," wrote Bloomberg Intelligence analysts.
Persons: , Alejo Czerwonko, Czerwonko, Trump Organizations: Service, UBS, Business, International Monetary Fund, Bloomberg Intelligence, Trump, NATO Locations: Ukraine, Moscow, Swiss, Americas
The US once floated nuclear retaliation in 1958 if China invaded Taiwan, and stationed nuclear weapons on the island until 1974. It would essentially tell Beijing that an invasion of the island risks nuclear war, he said. "What's the benefit of reassuring Xi that our nuclear weapons are not relevant?" "So relatively low-yield nuclear weapons could destroy that amphibious force and do little to no collateral damage onshore in Taiwan." He added that threatening war — much less nuclear war — over Taiwan would be deeply unpopular at home.
Persons: , David Kearn, Kearn, — he'd, Greg Weaver, Weaver, Obama, Matthew Kroenig, James Acton, Greg, Matt, Kroenig, Lyle Goldstein, Goldstein, we're, Acton, Francesca Giovannini, Giovannini, Xi Jinping, Xi, It's, Marshall Billingslea, Billingslea, Rebeccah Heinrichs, Jake Werner Organizations: Service, John's, Atlantic Council, Pentagon, Business, RAND, US Defense, Joint Chiefs of Staff, Defense Department, Nuclear, Carnegie Endowment, International, China Initiative, Brown University, International Peace, Harvard University's Kennedy, Georgetown University, US State Department, Hudson, Keystone Defense Initiative, Kroenig, East Asia, Quincy Institute, Responsible, Johns University Locations: St, Taiwan, China, Beijing, Washington, Korea, Japan, Taiwan Strait, Washington , DC, Guam, South China, Russia, United States, Bejing, South Korea
But Patricia Mahan and Dan Matarazzo, from the US, have opted to do it twice in the past two decades. The retired pair, who’ve been married for 37 years, left the States for Mexico in 2006, before swapping Mexico for Greece last year. “When we first moved to our little stone house, all our neighbors brought over gifts of food and produce,” says Mahan. The couple say they’ve tried to put them own stamp on it while “honoring its traditional style,” adding skylights and repainting the walls. ‘Older culture’The couple often go on hikes together and spend afternoon at the beach either swimming or reading.
Persons: Patricia Mahan, Dan Matarazzo, who’ve, , , Mahan, Patricia, Dan, Matarazzo, I’ve, San Miguel de Allende, I’ll, they’d, ” Patricia, Dan “, “ Kritsa, Sofia, , , they’ve, ” Mahan, Dan One, it’s, you’re, United States … ”, hasn’t, “ You’ve Organizations: CNN, Locations: States, Mexico, Greece, Tucson , Arizona, Kritsa, Crete, New Jersey, San Miguel, , Santa Fe , New Mexico, Agios Nikolaos, , Scandinavia, France, America, United States
CNN —The assassination of the political leader of Hamas has plunged the Middle East into fresh crisis and dented already slim hopes of an end to the war between Israel and the militant group that rules Gaza anytime soon. Here’s what the killing of the Hamas and Hezbollah leaders means for the Gaza war and the region. “Netanyahu has systematically sabotaged ceasefire talks because ending the war will likely end his political career,” said Trita Parsi of the Quincy Institute, a US-based foreign policy think tank, in a post on X. A faltered negotiation process also extends the risk to the lives of the remaining hostages in Gaza. “This is the time for a deal.”There are 111 hostages still in Gaza, including 39 believed to be dead, according to data from Netanyahu’s office.
Persons: Israel, Ismail Haniyeh, Haniyeh, , Yahya Sinwar, Mohammed bin Abdulrahman, Benjamin Netanyahu, , “ Netanyahu, , Netanyahu, Jalaa Marey, Gershon Baskin, Baskin, ” Baskin, Gaza’s, Anwar, Antony Blinken, Biden, ” Hellyer, CNN’s Becky Anderson Organizations: CNN, Hamas, Quincy Institute, Palestinian, Getty, Families, Anwar Amro, Hellyer, Carnegie Endowment, International Peace, Royal United Services Institute for Defense, Security Studies, Israel Locations: Israel, Gaza, Tehran, Iran, Beirut, Golan, Qatar, Egypt, Mohammed bin Abdulrahman Al, Thani, Doha, US, Karmiel, AFP, Beirut's, United States, London
Some business leaders and wealthy donors are hopeful that Harris will adopt more centrist policies as she outlines her agenda, especially by dialing back Biden-era antitrust crackdowns. “CEOs are wildly excited about Harris,” Jeffrey Sonnenfeld, founder and president of the Yale Chief Executive Leadership Institute, told CNN in a phone interview. Sonnenfeld pointed to confidence that Harris will protect the rule of law and hopes for recalibrated trade, regulatory and tax policies. Meanwhile, Harris, somewhat of an unknown commodity on business policy, hasn’t said much about where she stands. Another key sticking point is energy, where Trump has tried to blame the Biden-Harris administration for periods of high gas prices.
Persons: Kamala Harris, Harris, Biden, ” Jeffrey Sonnenfeld, Sonnenfeld, Lina Khan, Khan’s, hasn’t, , , Greg Valliere, Democratic megadonor Reid Hoffman, Khan, Hoffman, Barry Diller, Diller, It’s, ” Diller, , haven’t, PCCC, Adam Green, Harris –, ” Green, Lina Khan –, ” Sonnenfeld, “ It’s, Douglas Farrar, Donald Trump, Joe Biden, Trump, ” Trump, “ You’re, Lauren Hitt, didn’t Organizations: New, New York CNN, Biden, Big Tech, Democratic, Yale, Leadership, CNN, Federal Trade Commission, Progressives, AGF Investments, Business, Big Oil, Microsoft, FTC, , Activision, CNBC, IAC, Progressive, Khan, Public Citizen, AFL, NAACP, Harris Administration Locations: New York, North Carolina
Read previewJP Morgan analysts say American Airlines leadership isn't doing enough to shore up profits, calm anxious investors, and improve stock performance after disappointing second-quarter results. American Airlines executives plan to lean on additional earnings from a recently revamped ticket distribution strategy as part of a turnaround strategy. AdvertisementThe disastrous policies cost the company $750 million in lost revenue during the first half of the year, American Airlines CEO Robert Isom said during the earnings call on Thursday. American Airlines did not respond to a request for comment. Second-quarter earnings for American, Delta, and United all fell short of Wall Street expectations.
Persons: , Morgan, they'd, JP Morgan, Jamie Baker, Baker, Robert Isom, JP, uninspiring, Scott Kirby Organizations: Service, American Airlines, Business, . American Airlines, United Airlines Locations: United
AdvertisementDeclining birth rates have been a huge bugbear for Asian countries like Japan and South Korea. Vanessa LeeLee, who owns two dogs and a cat, said that governments may be overestimating the effectiveness of one-off interventions in bolstering birth rates. AdvertisementShe added that a shift in societal mindsets toward work and family needs to occur for her peers to consider having children. But it also doesn't guarantee that having sex brings children and that not having sex is the only reason why people are not having children," Gietel-Basten said. Low birth rates, according to HKUST's Gietel-Basten, are a "barometer of the challenges in society" and should thus be seen as "symptoms of problems in a society."
Persons: , Vanessa Lee, Lee, Elon Musk, Paulin Straughan, Poh Lin Tan, Tan, Jonas Hue, Vanessa Lee Lee, It's, Emily Huang, Stuart Gietel, Basten, SMU's Straughan, Straughan, HKUST's, we're Organizations: Service, Business, Internal, Ministry, Asahi Shimbun, South, Singapore Management University, Singapore's Institute of Policy, Nordic, Hong Kong University of Science, Technology Locations: Singapore, Japan, South Korea, Korea, Tokyo, Seoul, Sweden, Finland, Hong Kong, Basten
How can the S & P 500 be traded? Those losses continued on Thursday , with the S & P 500 closing at 5,399.22 and the Nasdaq finishing at 17,181.72. The S & P 500 lost 0.83% for the week, and the Nasdaq declined around 2% in the same period. "Then that's where maybe I'm looking to try and find some bargains here for people to sort of buy back into this market," Stutland said. Large over smalls, large over mids and U.S. over international within the large cap space," he told CNBC's " Squawk Box Asia " on Friday.
Persons: we've, Richard Clode, Janus Henderson, Paul Christopher, Christopher, Brian Stutland, CNBC's, Stutland, He's, smalls, We're Organizations: Nasdaq, Trump, Wells, Wells Fargo Investment Institute, Equity Armor Investments Locations: China, Wells Fargo, Friday's,
"I always tried to put a little bit aside, like change and dollar bills and whatnot. That's a problem that's going to stick around, as female "peak boomers" — Americans turning 65 between 2024 and 2030 — have, on median, $185,086 in retirement assets. Men in that group, comparatively, have $268,745, according to the Alliance for Lifetime Income and the Retirement Income Institute. "It looks like something that I could afford to live a little bit more, a little bit better; my income would stretch a little bit more," she said. However, after connecting with a friend who's made the move and found community, Dee is ready to move forward once again.
Persons: , she's, I've, Dee —, Dee, would've, That's, She's, who's, it's, I'm Organizations: Service, Business, Social Security, Alliance for Lifetime, Income, Central America Locations: Georgia, chemo
For the 1912 election, Taft had the official Republican Party nomination, but Roosevelt decided to run as a third-party independent candidate. JFK and Robert Kennedy's assassinations had different electoral outcomesAfter John F. Kennedy's assassination on November 22, 1963, Lyndon B. Johnson became president. Johnson enjoyed significant popularity — over a 75% approval rating — on the coattails of Kennedy's assassination. AdvertisementRobert Kennedy's assassination meant Johnson's vice president, Hubert Humphrey, had an easier time securing the Democratic nomination. Ford pardoned Nixon and tried to move past Watergate, but the Republican Party couldn't overcome Nixon's stink and Ford's dismissal of his wrongdoings.
Persons: , David Head, Donald Trump, I'm, John F, Kennedy, Theodore Roosevelt, Roosevelt, Republican William Howard Taft, Taft, Woodrow Wilson, Trump, Wilson, Robert Kennedy's, Lyndon B, Johnson, Robert F, Nixon, Hubert Humphrey, Richard Nixon, Gerald Ford, Ford, Republican Party couldn't, Kamala Harris, Biden, it's Organizations: Service, University of Central, Business, Trump, Republican, Republican Party, Democratic, Republicans, JFK Locations: University of Central Florida, Orlando , FL, Milwaukee, Taft, Vietnam, Los Angeles
Read previewVice President Kamala Harris' campaign is in the process of choosing her running mate, and who she chooses will provide insight into her battle plan for November. With 20 electoral votes, winning the battleground state will likely be a crucial part of both former President Donald Trump and Harris' campaign. Choosing Shapiro, the state's governor, who has proven he can win in Pennsylvania, could significantly bolster Harris' ticket there, Gift said. Kevin Fahey, an assistant professor of political science at the University of Nottingham, agrees but told BI that a Shapiro pick may indicate some trepidation in Harris' campaign. Plus, he's already been an attack dog against Trump's running mate, Sen. JD Vance, going after him for his Appalachian credentials.
Persons: , Kamala Harris, Josh Shapiro, Roy Cooper of, Andy Beshear, Sen, Mark Kelly of, Joe Biden —, Harris, Shapiro, Cooper, Donald Trump, Thomas, Chuck Rocha, Rocha, it's, Kevin Fahey, Fahey, Beshear, Biden, JD Vance, Kelly, David Barker, Barker, they'd, Kelly wouldn't, Barry Burden, Burden, Trump Organizations: Service, Pennsylvania, Business, Electoral, Trump, University of Nottingham, Republican, American University's Center, Congressional, Presidential Studies, University of Wisconsin Locations: Roy Cooper of North Carolina, Kentucky, Mark Kelly of Arizona, Pennsylvania, Philadelphia, Pittsburgh, Alabama, Michigan, Wisconsin, Georgia, Arizona, Upper Midwest, North Carolina, Nevada, California, West, Madison, — Pennsylvania
Netanyahu has known President Joe Biden for decades, but Biden doubts Netanyahu’s sincerity. Netanyahu earned the undying enmity of former President Barack Obama for trying to tank the Iran nuclear deal. Trump turned opposition to the Iran nuclear deal into a major campaign issue in 2016. Despite his long relationship with Netanyahu, Biden has criticized the Israeli leader’s government for being too right-wing. But for all his criticism of Netanyahu, Biden has continued to provide Israel with weapons and aid, and the two men will meet at the White House.
Persons: CNN — Benjamin Netanyahu, Netanyahu, Joe Biden, Biden, Donald Trump, Barack Obama, Mitt Romney, Romney, Bill Clinton, , Aaron David Miller, Benjamin Netanyahu, Luke Frazza, Obama, Kamala Harris, Trump, Biden’s, ” Trump, Axios, Rather, Jeremy Diamond, Diamond, Aviva Siegel, ” Siegel, Organizations: CNN, Israeli, Getty, Republican, Senate, Democratic, Trump, White, Hamas Locations: Iran, East, AFP, Jerusalem, Israel, Gaza, Tel Aviv, Washington
This story is available exclusively to Business Insider subscribers. Thomas Gift, director of UCL's Centre on US Politics, told BI that Trump's selection of Vance was "a confident — some might say too confident" decision. AdvertisementShe noted that with Biden leading the Democratic ticket, Trump and Vance could effectively criticize Biden's age and competency. While Vance's first solo campaign rally in Virginia on Monday wasn't as disastrous or widely watched as Biden's debate performance, Fahey told Business Insider it still revealed a potential weakness. Beyond his loyalty to Trump, Fahey said, "Vance adds nothing to the Republican ticket."
Persons: , Tim Alberta, Donald Trump, there's, Sen, JD Vance, Kamala Harris, JD Vance —, MskTPjvVSS — Tim Alberta, Joe Biden's, Trump's, Biden, MAGA, Thomas Gift, Vance, Wilson, Harris, Trump, Colin Talbot, Doug Emhoff, 3DJY3pQTGe, Ron Filipkowski, Talbot, Kevin Fahey, Trump world's, Vance's, Fahey, Palin'd, bHBs0pNRZH — Brandon Friedman, Vance doesn't Organizations: Service, Democratic, Business, Trump, University of Manchester, University of Nottingham, Republican Locations: Atlantic, America, Virginia, Ohio
CNN —The ascension of Vice President Kamala Harris to become the presumptive Democratic presidential nominee in less than 48 hours is an unprecedented occurrence in American politics. Only four people in US history have won a presidential election as a sitting vice president. Back then, the vice president was the runner-up in the presidential election. In 1861, Vice President John Breckinridge oversaw the counting of electoral votes that made Abraham Lincoln president, at a time when Southern states seceded from the country rather than accept Lincoln’s 1860 victory. Vice President Richard Nixon narrowly lost the 1960 election to John F. Kennedy and oversaw the counting of electoral votes in 1961.
Persons: Kamala Harris, John Adams, Thomas Jefferson, Martin Van Buren, , Andrew Jackson, Van Buren, George H.W, George H.W . Bush, Ronald Reagan, Joe Biden, Barack Obama, Obama, Hillary Clinton, Donald Trump, Harris, John Breckinridge, Abraham Lincoln, Richard Nixon, John F, Kennedy, Nixon, Al Gore, George W, Bush Organizations: CNN, Democratic, Independence, White Locations: George H.W ., Southern
CNN —A group of senior Israeli figures including former national security officials, academics and business leaders have sent US congressional leadership a blistering letter accusing Israeli Prime Minister Benjamin Netanyahu, who is set to speak to Congress on Wednesday, of threatening both Israeli and American national security. “Netanyahu severely harms the US national security interests through his approach to this war, which adversely impacts American policy in the Middle East and beyond and further endangers Israel,” it continues. The Obama White House had been blindsided by Netanyahu’s decision to address Congress after another invitation from a Republican House speaker, John Boehner. Typically, a vice president, in their role as president of the Senate, would attend and sit prominently on the dais. However, Vice President Kamala Harris will also miss Netanyahu’s Wednesday speech due to travel, which Biden’s national security adviser Jake Sullivan said Friday he did not expect to be a repeat of 2015.
Persons: Benjamin Netanyahu, Netanyahu, he’s, Tamir Pardo, Aaron Ciechanover, Avishay, Carmi, Morris Kahn, Jeremy Levin, “ Netanyahu, Mike Johnson, Hakeem Jeffries, Chuck Schumer, Mitch McConnell, Pardo, disinvite Netanyahu, , Alon Pinkas, , Biden, , Pinkas, ” Benjamin Netanyahu, Sen, Bernie Sanders, Schumer, Joe Biden, Biden’s, Obama, John Boehner, Kamala Harris, Jake Sullivan, they’re, ” Sullivan, Organizations: CNN, Israeli, American, Ben Gurion University, Republican, , Obama White, Aspen Security, White, Gaza . Senior, Gallup Locations: Gaza, Israel, New York, Washington, Iran, Gaza .
Prime Minister of Canada Justin Trudeau arrives for a meeting at the 2024 North Atlantic Treaty Organization (NATO) Summit in Washington, DC on July 11, 2024. “Many strong decisions have been made in recent years and they will be remembered as bold steps taken by President Biden in response to challenging times,” Zelensky said on X. “We will always be thankful for President Biden’s leadership.”President of Ukraine Volodymyr Zelensky during a press conference on July 15, 2024 in Kyiv, Ukraine. But he has increasingly clashed with Israeli Prime Minister Benjamin Netanyahu over humanitarian aid and the mounting civilian death toll of the conflict. Israeli President Isaac Herzog speaks to the media following a meeting with US President Joe Biden at the White House on July 18, 2023.
Persons: Joe Biden, Kamala Harris, Donald Trump, Biden, Canada Justin Trudeau, Kent Nishimura, Keir Starmer, ” Starmer, Justin Trudeau, , He’s, Anthony Albanese, , Volodymyr Zelensky, ” Zelensky, Biden’s, Ukraine Volodymyr Zelensky, Vitalii, Isaac Herzog, Yoav Gallant, X, Benjamin Netanyahu, Netanyahu, Simon Harris, Kevin Dietsch, Nicolas Maduro, Donald Tusk, ” Tusk, Xi Jinping, “ Biden, China’s, Trump Organizations: CNN, US, Democratic, Republican, Atlantic Treaty Organization, NATO, Getty, British, Canadian, Australian, Russia, Israeli, White, Trump Locations: Canada, Atlantic, Washington , DC, Washington, United States of America, Ukraine, Kyiv, Israel, Gaza, Irish, Venezuelan, Polish, Poland, America, Weibo
Joe Biden's withdrawal from the 2024 presidential race is causing market uncertainty. Analysts now expect more market volatility after Biden pulled out of the race. AdvertisementUS President Joe Biden's withdrawal from the presidential election is throwing fresh uncertainty into the markets for a second straight week. Investors were already trying to position themselves for the so-called "Trump trade" following the failed assassination attempt on former President Donald Trump on July 13. Markets at large were relatively calm following Biden's withdrawal after the Trump trade gripped sentiment last week.
Persons: Joe Biden's, Trump, Biden, , Donald Trump, Mark Haefele, Jim Reid, Kyle Rodda, Harris, Chris Weston, Pepperstone, Kamala Harris, Biden's, Haefele Organizations: Service, Trump, Republican, UBS Global Wealth Management's, Nasdaq, Treasury, Deutsche Bank, Democrats, Democratic Party, Democratic, UBS
But as detailed ceasefire negotiations aimed at turning a framework agreement into a final deal stretch into their third week, Netanyahu’s visit will still be critical to the prospects of a ceasefire in Gaza. Senior US officials say a deal is within reach, but the prospects of a deal may hinge on the answer to one key question: Does Netanyahu actually want a deal? And the right-wing coalition partners keeping him in power have threatened to bolt if Netanyahu cuts a deal that ends the war. And publicly, his rhetoric has undermined confidence in Israel’s commitment to reaching a deal that could end the war. And Netanyahu’s allies insist he is earnest in his desire to strike a hostage release deal – just the right deal, one that could allow Israel to resume fighting in Gaza.
Persons: Benjamin Netanyahu, , Joe Biden’s, Netanyahu’s, Netanyahu, rebuffing, Biden, Antony Blinken, Joe Biden, Brendan Smialowski, Health –, Ronald Reagan, Donald Trump, Will Lanzoni, Netanyahu –, , Israel, Bibi, ” Trump, Barak Ravid, ” Netanyahu Organizations: Israel CNN, Israeli, Gaza . Senior, Getty, Israel’s, Palestinian Ministry, Health, White, Israel, Republican, Convention, CNN, Trump, Republican National Convention Locations: Tel Aviv, Israel, Washington, Gaza ., Gaza, Israel’s, Egypt, AFP, Rafah, Milwaukee , Wisconsin
Zelensky suggested Moscow should send a delegation to the next peace summit that he hopes to hold in November. Kyiv is currently facing the double whammy of a difficult frontline situation and political uncertainty over the level of future support from Ukraine’s closest allies. Trump and Zelensky spoke on Friday in what Trump called a “had a very good phone call”. Putin said Russia would end its war in Ukraine if Kyiv surrendered the entirety of four regions claimed by Moscow: Donetsk, Luhansk, Kherson and Zaporizhzhia. Despite being considerably bigger and stronger than Ukraine, Russia has not managed to fulfil its territorial goals – even when Kyiv was receiving only limited help from the West.
Persons: Volodymyr Zelensky, Zelensky, , Germany –, Ukraine John Herbst, Donald Trump, JD Vance, Herbst, Trump, , Vladimir Putin, Putin, Orysia Lutsevych, Russia … Putin, Lutsevych, Riley Bailey, Bailey, , ” Bailey, hasn’t, Vance, Libkos, Ukraine wasn’t, doesn’t, ” Herbst, Ukraine doesn’t, you’re Organizations: CNN, NATO, Monday, Aspen Security, , Chatham House, Kyiv, Trump, Democrats, Locations: Russia, Moscow, Switzerland, Ukraine, Kyiv, Ukraine’s, United States, Germany, Donetsk, Luhansk, Kherson, Zaporizhzhia, Eurasia, Chatham, Kharkiv, Europe, Afghanistan, Crimea, Kerch, Russian
California gets 54 electoral votes (it has two senators and 52 congressional districts). The winner is the candidate who gets 270 or more electoral votes. If no candidate gets to 270 electoral votes, the House of Representatives picks the winner from among the candidates who got electoral votes. The campaigns will focus more attention on the fewer than one-third of all electoral votes they consider to be up for grabs or winnable by either party. Two states, Maine and Nebraska, apportion some of their electoral votes by congressional district rather than giving all of them to the state winner.
Persons: CNN —, Joe Biden, Donald Trump, , Kristen Soltis Anderson, , Biden, Trump, Hillary Clinton Organizations: CNN, Republican, Republican National Convention, House, Electoral, District of Columbia, Wisconsin –, Trump, Constitution, Democrats Locations: . Washington, California, . Texas, Florida, New York, Maine, – Arizona, Georgia, Pennsylvania, Michigan, Wisconsin, Constitution . North Carolina , Colorado, Nebraska
Read previewBarely a week after the failed assassination of former US President Donald Trump, investors are already moving on from the "Trump trade." The "Trump trade" refers to investor strategies that reflect the market consequences of a second Trump presidency. Schumacher said the "Trump trade" has run its course and is "about done for now." Focus on Fed interest rate decisionTo be sure, a second Trump presidency — including his administration's trade and tariff policies — would have important implications for the macroeconomy and markets, say most analysts. On Wednesday, Fed Governor Christopher Waller indicated that the central bank would cut "in the not-too-distant future."
Persons: , Donald Trump, Trump, Michael Schumacher, Schumacher, Vishnu Varathan, Mizuho Bank's, Jerome Powell, Christopher Waller Organizations: Service, Trump, Business, Federal Reserve, US Treasury, Bloomberg, Wells, Wells Fargo Securities, Fed, Swiss, UBS Locations: Wells Fargo, Asia, Japan
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