Donald Trump
Ray Dalio says the Fed faces a tough balancing act as the economy faces ‘enormous amount of debt’
Key Points As the U.S. Federal Reserve implemented its first interest rate cut since the early Covid pandemic, billionaire investor Ray Dalio flagged that the U.S. economy still faces an “enormous amount of debt.” “The challenge of the Federal Reserve is to keep interest rates high enough that they’re good for the creditor, while keeping […]
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Trump Media stock closes at new postmerger low on eve of ‘lockup’ expiration
Republican presidential nominee and former U.S. President Donald Trump looks down on the day he attends a press conference at Trump National Golf Club in Rancho Palos Verdes, California, on Sept. 13, 2024. David Swanson | Reuters Shares of Trump Media closed Wednesday at a new postmerger low on the eve of the expiration of […]
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Powell downplays impact of rate cut on Trump-Harris presidential race
U.S. Vice President Kamala Harris in Milwaukee, Wisconsin, U.S. August 20, 2024 and former U.S. President Donald Trump in Bedminster, New Jersey, U.S., August 15, 2024 are seen in a combination of file photographs. Marco Bello | Jeenah Moon | Reuters Federal Reserve Chair Jerome Powell suggested that Wednesday’s larger-than-expected interest rate cut may have […]
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Teamsters union says it will not endorse Harris or Trump in 2024 presidential election
Sean O’Brien, president of the International Brotherhood of Teamsters, speaks to UPS Teamsters during a picket ahead of an upcoming possible strike, outside of a UPS Distribution Center in Brooklyn, New York, July 14, 2023. Brendan McDermid | Reuters The International Brotherhood of Teamsters on Wednesday announced it will not formally endorse a candidate in […]
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Elon Musk’s X ‘declined to send an appropriate witness’ to Senate hearing on election threats
As the riots raged in the U.K., Elon Musk began making incendiary comments about the situation, including the statement: “Civil war is inevitable.” Musk is the owner of X, the social media platform formerly known as X. Aytug Can Sencar | Anadolu | Getty Images While top executives from Alphabet, Meta and Microsoft are headed […]
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111 Republican former officials endorse Harris, say Trump is ‘unfit to serve’
Democratic presidential candidate Vice President Kamala Harris speaks at a campaign rally at the Bojangles Coliseum in Charlotte, North Carolina, on Sept. 12, 2024. Jim Watson | AFP | Getty Images More than 100 Republican former lawmakers and officials endorsed Democratic presidential nominee Vice President Kamala Harris in a letter, while warning that their own […]
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Republican House speaker floats deregulation, tax cuts — not tariffs — to pay for Trump proposals
Republican House Speaker Mike Johnson on Wednesday said former President Donald Trump could pay for his presidential campaign’s economic proposals by rolling back corporate regulation and expanding tax cuts to stimulate growth. “You have to bring about a pro-growth economy, and you do that with a combination of aggressive use of the tax code and […]
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Harris pledges to ‘earn the vote’ of Black men, as Trump makes gains
Democratic presidential nominee and U.S. Vice President Kamala Harris addresses members of the National Association of Black Journalists (NABJ) in Philadelphia, Pennsylvania, U.S., September 17, 2024. Piroschka Van De Wouw | Reuters Vice President Kamala Harris on Tuesday laid out how her economic proposals could specifically help young Black men, a key Democratic voting bloc […]
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Harris victory seen as most likely election outcome, according to CNBC Fed Survey
Vice President Kamala Harris, left, at the White House, Washington, July 22, 2024, and former President Donald Trump in Bedminster, New Jersey, Aug. 15, 2024. Nathan Howard | Jeenah Moon | Reuters For the first time in the 2024 election cycle, Vice President Kamala Harris is viewed as more likely than former President Donald Trump to […]
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Trump says he will meet with Indian Prime Minister Narendra Modi next week
India’s Prime Minister Narendra Modi shakes hands with former U.S. President Donald Trump before a meeting at Hyderabad House in New Delhi on February 25, 2020. Mandel Ngan | Afp | Getty Images Republican nominee Donald Trump said Tuesday that he will meet Indian Prime Minister Narendra Modi next week. Speaking at his first public […]
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