Politics
Elon Musk gives pro-Trump PAC $75 million, announces Pennsylvania voter tour
Tesla and SpaceX CEO Elon Musk has rapidly become one of Donald Trump’s top political donors, and he is now emerging as one of the Republican presidential nominee’s most visible surrogates. Musk, the world’s richest man, has given nearly $75 million to America PAC, the super political action committee he created earlier this year largely […]
Read More
Health care fraudster Philip Esformes is latest Trump clemency recipient to be arrested
Philip Esformes booking photo by Miami-Dade County Corrections and Rehabilitation Source: Miami-Dade County Corrections and Rehabilitation Philip Esformes, whose 20-year prison sentence for a massive, $1.3 billion Medicare fraud scheme was commuted in 2020 by then-President Donald Trump, was arrested over the weekend in Florida on domestic-violence related charges. Esformes is at least the seventh […]
Read More
Trump Media shares halted after sudden DJT stock plunge
In this photo illustration, Republican presidential candidate former President Donald Trump’s social media platform Truth Social is shown on a cell phone on March 25, 2024 in Chicago, Illinois. Scott Olson | Getty Images Trading in Trump Media shares was briefly halted Tuesday due to volatility, after the Truth Social owner’s stock suddenly plunged in […]
Read More
‘Hope he’s okay’ — Harris mocks Trump over town hall music interlude, as he stonewalls on health records
Kamala Harris mocked Donald Trump’s behavior at an unusual campaign event, where the GOP presidential nominee cut short a question-and-answer session to listen to music with the crowd for nearly 40 minutes. “Hope he’s okay,” Harris, the Democratic nominee, wrote on X early Tuesday morning. It was one of many posts by social media users […]
Read More
Election betting: Appeals court fast-tracks CFTC challenge to Kalshi political bets
People vote on the first day of Virginia’s in-person early voting at Long Bridge Park Aquatics and Fitness Center on September 20, 2024 in Arlington, Virginia. Andrew Harnik | Getty Images A federal appeals court has fast-tracked the Commodity Futures Trading Commission’s case challenging the right of the event exchange Kalshi to offer U.S. political […]
Read More
Trump Media stock surges as election betting odds shift, Truth Social launches streaming site
Shares of Trump Media closed up more than 18% on Monday, extending the Truth Social owner’s dramatic recovery from recent stock price lows and adding hundreds of millions of dollars to Donald Trump’s on-paper net worth. The recent DJT surge came as multiple online election betting markets appeared to show betting odds shifting in Trump’s favor, after weeks […]
Read More
Harris proposes 1 million forgivable loans to Black entrepreneurs, as Trump makes inroads
Democratic presidential nominee and U.S. Vice President Kamala Harris delivers remarks during a campaign event at a fire station, in Redford Charter Township, Michigan U.S., October 4, 2024. Elizabeth Frantz | Reuters Vice President Kamala Harris unveiled an “Opportunity Agenda” proposal for Black men Monday, which includes plans to provide 1 million forgivable loans to […]
Read More
5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Running to records U.S. stocks have taken a steady climb to new records. The S&P 500 and Dow Jones Industrial Average both notched their highest closes ever on Friday. Both of those indexes and the Nasdaq Composite rose more […]
Read More
Trump to move fast on tariffs, says Wall Street firm, citing clients who met with ex-trade chief
Robert Lighthizer, former US trade representative, speaks during an event with former US President Donald Trump, not pictured, at Precision Components Group in York, Pennsylvania, US, on Monday, Aug. 19, 2024. Graeme Sloan | Bloomberg | Getty Images Donald Trump’s longtime trade adviser is apparently telling Wall Street money managers that if the Republican presidential nominee is reelected, he […]
Read More
Prosecutors seek years in prison for Trump Media insider trading Shvartsman brothers
Michael Shvartsman walks following a hearing at the Manhattan Federal Court, in New York City, U.S. July 20, 2023. Amr Alfiky | Reuters Prosecutors are asking a New York federal court judge to sentence two brothers to years in prison for their admitted insider trading in a blank-check company’s securities before it announced a planned […]
Read More