Kamala Harris
The president’s influence on the U.S. economy may be greatly exaggerated, according to experts
About 50% of Americans believe the result of the 2024 presidential election will directly affect their personal finances, according to a survey by financial services company Empower. And about 99% of voters in a Gallup survey said the economy was at least somewhat important in influencing their vote for the next president. “Voters absolutely are […]
Read More
Trump takes a rare break from social media after election win
Republican presidential nominee, former U.S. President Donald Trump arrives to speak with former first lady Melania Trump during an election night event at the Palm Beach Convention Center on November 06, 2024 in West Palm Beach, Florida. Chip Somodevilla | Getty Images Donald Trump has never been shy about touting his accomplishments. Yet after achieving what is […]
Read More
Wall Street expects Trump presidency will unlock deal-making
Key Points Wall Street dealmakers and corporate leaders expect the flood gates to open on merger and acquisition activity after President-elect Donald Trump takes office in January. Deal-making has slowed in recent years, largely due to high interest rates, soaring company valuations and a tight regulatory environment. Kroger’s takeover of Albertsons and Tapestry’s proposed acquisition […]
Read More
Britain loves its ‘special relationship’ with the U.S. — but that doesn’t mean Trump will love it back
A man holds an American flag depicting president-elect Donald Trump at Parliament Square in London in 2020. Jeff J Mitchell | Getty Images News | Getty Images The U.K. holds dear to its so-called “special relationship” with the U.S., priding itself on a long history of shared values and cultural, diplomatic, linguistic and commercial ties […]
Read More
European markets trade higher as Trump win settles in; Fed, BoE decisions in focus
Climate change prevention is critical for insurers, CFO says Climate change prevention is becoming far more significant for insurance companies as they face rising losses from destructive weather events, such as hurricanes and floods. Zurich Insurance Group’s Chief Financial Officer Claudia Cordioli told CNBC that the insurer had seen “very severe cat [catastrophe] and weather […]
Read More
China congratulates Trump, says it respects America’s choice
President Donald Trump meets with China’s President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka, Japan, June 29, 2019. Kevin Lemarque | Reuters China expressed respect for the U.S. election result and congratulated Donald Trump on his victory, and an official newspaper called for a “pragmatic” approach […]
Read More
Harris says ‘we must accept’ election results, commits to peaceful transfer of power
“Earlier today, I spoke with President-elect Trump and congratulated him on his victory,” Harris said at the vice president’s alma mater Howard University, in Washington, D.C. It was the first time that Harris had spoken on camera to the public since Trump declared victory early Wednesday morning. “We will continue to wage this fight in the […]
Read More
Trump’s victory spells doom for his criminal cases — but he’s not off the hook for $570 million in civil fines
Republican presidential nominee and former U.S. President Donald Trump takes the stage following early results from the 2024 U.S. presidential election in Palm Beach County Convention Center, in West Palm Beach, Florida, U.S., November 6, 2024. Callaghan O’hare | Reuters President-elect Donald Trump’s 2024 presidential campaign was stalked by the persistent threat that if he […]
Read More
The big Trump losers: These stocks could have an overhang for a while
Stocks may be in rally mode after former President Donald Trump’s election victory, but not every sector is poised to get a lift. The major averages rallied to new highs Wednesday as NBC News projected a defeat of Trump’s rival, Vice President Kamala Harris . The Dow Jones Industrial Average surged more than 1,300 points, […]
Read More
House majority still in play as Republicans eye a red sweep
U.S. Speaker of the House Mike Johnson (R-LA) and U.S. House of Representatives Democratic Leader Hakeem Jeffries (D-NY). Tom Williams | Michael A. McCoy | Reuters The race to control the House is undecided, though Republicans are already expressing early optimism about securing a governing trifecta with their new Senate majority and freshly minted President-elect […]
Read More