The International Brotherhood of Teamsters, one of the US’s largest and best-known labor unions, has declined to endorse a candidate for president, citing major political divides among its membership, as well as dissatisfaction with each major candidate’s stances on key union priorities. In a tight presidential race where the vast majority of labor unions have…
Both major US presidential candidates fundamentally agree on international trade objectives, former American trade officials said on Thursday, but look for more threats, posturing and volatile tariff barriers under a Donald Trump 2.0 administration, particularly against China. Since then, campaigning has cast international trade in decidedly domestic terms, with Trump threatening to impose up to…
WASHINGTON (AP) — President Joe Biden said Thursday the Federal Reserve’s decision to lower interest rates was “an important signal” that inflation has eased as he poked at Donald Trump’s economic policies as a failure in the past and sure to “fail again” if revived. “Lowering interest rates isn’t a declaration of victory,” Biden told…
US President Joe Biden looks on before speaking ahead of the 30th anniversary of the Violence Against Women Act on the South Lawn of the White House in Washington, DC, September 12, 2024. Andrew Caballero-Reynolds | AFP | Getty Images A federal judge has extended a temporary restraining order against the Biden administration’s latest student loan forgiveness…
Kamala Harris is leading over Donald Trump in what is considered as the largest by any presidential candidate since Joe Biden in a weekly poll. This comes after Taylor Swift endorsed the Democrat over the Republican candidate for the upcoming November 5 polls.A recent survey by Yahoo News/YouGov poll reveals that 61% of supporters for…
Federal Reserve Chairman Jerome Powell speaks during a news conference following the September meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Building on September 18, 2024 in Washington, DC. Anna Moneymaker | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our…
A billionaire stock market visionary has revealed the shocking financial move he would make if Vice President Kamala Harris were to win the presidential election. John Paulson, known for his lucrative bet against subprime mortgages in 2007, said on Tuesday that he would pull all his assets out of the stock market if the Democrat…
Republican presidential candidate Donald Trump on Tuesday revealed that President Joe Biden and vice president Kamala Harris were “so nice” in their calls made after the second assassination attempt on him.While speaking at a campaign town hall in Michigan, Trump described his conversation with Biden, saying, “He was so nice to me yesterday. In one…
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…
Retail sales experienced an unexpected uptick in August, indicating more robust consumer demand as economic concerns continue to dog Kamala Harris’s campaign trail. The retail sales data, published monthly by the U.S. Census Bureau, tracks the total revenue generated by retail and food establishments across the United States. On a month-by-month basis, retail sales in…