President Joe Biden has been scooping up record-making donations and plowing the money into an expanding campaign operation in battleground states that appears to surpass what Donald Trump has built thus far. Flush with $71 million cash at the end of February — more than twice that of Trump’s campaign — Biden parlayed his fundraising advantage into a hiring spree that…
Shares of Trump Media & Technology Group continue to rapidly fall back to Earth. The Truth Social owner dropped by another 8% on Monday, adding to a brutal week that wiped out a third of the stock’s value. The selloff has shrunk former President Donald Trump’s stake in the controversial company to about $2.9 billion. That’s…
Donald Trump has been booted from Bloomberg’s daily list of the 500 top billionaires after the stock price of his Truth Social platform plummeted. On Tuesday, the former president was nowhere to be seen on the list of the world’s richest people, going from Bernard Arnault, the CEO of LVMH, the world’s largest luxury goods company, at $223bn, to John Sall, a…
Donald Trump’s daughter-in-law is not a fan of a new nickname given to the former U.S. president. Lara Trump—the wife of Trump‘s son Eric Trump and co-chair of the Republican National Committee— lashed out at President Joe Biden and Vice President Kamala Harris for anointing her father-in-law as “Broke Don.” The Democrats have been trialling the new nickname for Donald Trump, who is facing hundreds…
Donald Trump and Joe Biden have now met the delegate threshold to become their parties’ presumptive nominees, bringing the policy battle being waged in November’s presidential election into sharper focus. Mr Biden, 81, and his White House team are attempting to frame the next presidential race as a choice between democracy and decency, and what they claim is Mr Trump’s…
Joe Biden says that Donald Trump currently has a “death grip” on the Republican party and that the former president would be the “primary threat” to US democracy should he be re-elected. In a recent sit-down interview, the president said that Mr Trump would be “a dictator on day one” if he returned to the Oval Office, and that his control over the…
Former President Donald Trump is facing backlash after offering his opinions on why Jewish and Black voters largely favor Democratic political candidates. During an interview with right-wing radio host Wayne Allyn Root on Monday, Trump argued that “any Jewish person” who votes for President Joe Biden “does not love Israel” and “should be spoken to.” He then suggested that most Black…
Joe Walsh Forbes Staff Tesla has settled a lawsuit brought by the family of a Model X owner who was killed while using the company’s Autopilot feature, averting a high-stakes trial involving Elon Musk’s electric carmaker, which has faced stiff criticism for its self-driving technology. KEY FACTS The terms of the settlement between Tesla and…
Derek Saul Forbes Staff I cover and analyze daily happenings in financial markets. TOPLINE Former President Donald Trump’s social media company’s stock market slide continued Monday, as the more than $10 billion valuation scored by Trump’s company’s just two weeks ago looks to be fleeting. KEY FACTS Shares of Trump Media, the majority Trump-owned parent…
The questions that will be asked of the jury in Donald Trump’s upcoming hush money criminal case have been revealed. They range from whether prospective jurors listen to podcasts to their feelings about a former president being criminally tried in state court. Also on Monday, an appeals court dismissed Mr Trump’s most recent effort to…
BY CHAD DE GUZMAN When billionaire Elon Musk acquired Twitter—now X—in 2022, some feared that the self-avowed free-speech “absolutist” would turn the platform into a free-for-all for disinformation. Now, as a Brazilian judge seeks to crack down on fake news on social media, he and Musk have found each other at odds in a growing spat that could have significant consequences…
Former President Trump‘s campaign team says it raised more than $50 million at a Saturday evening’s GOP fundraiser in Palm Beach, Florida, smashing records for a Republican or Democratic candidate. “It took three Democrat presidents to raise $25 million and one president to raise over $50 million, Donald J. Trump,” campaign spokesperson Danielle Alvarez boasted. Heavy-hitters Saturday’s…
The New York City deputy mayor for operations discusses her personal approach to the job and her appointment to the MTA board. Operations doesn’t sound like a very sexy topic, but for Meera Joshi, it’s personal. As New York City’s deputy mayor for operations, Joshi takes the concept of sustaining that vague concept of infrastructure…
Sarah Perez@sarahpereztc / 9:00 PM MST•April 7, 2024 Spotify already found success with its popular AI DJ feature, and now the streaming music service is bringing AI to playlist creation. The company on Monday introduced AI playlists into beta, a new option that allows users to generate a playlist based on written prompts. The feature will initially become…
If you purchased meat, poultry, pork and seafood sold by weight, or bagged citrus fruits at Walmart, you could be eligible to claim up to $500. But the deadline to file your claim is approaching. by Mike Snider and Sarah Al-Arshani USA TODAY The deadline for shoppers to file a claim in a class-action suit against…
By Chris Newlands,Business reporter The sudden decision by McDonald’s to take over ownership of its branches in Israel has thrust the franchise company Alonyal and its chief executive Omri Padan into the spotlight. McDonald’s will buy back all of its Israeli restaurants after global sales slumped due to a boycott of the brand over its…
Sara Dorn Forbes Staff President Joe Biden’s reelection campaign targeted billionaires cozying up to former President Donald Trump for their previous suggestions to modify Social Security—a hot-button issue in the 2024 campaign as Trump has made contradicting statements about his plans for entitlement programs. KEY FACTS The Biden campaign in a statement to Forbes said…
By Tori B. Powell and Michael Williams, CNN Updated 5:12 p.m. ET, April 5, 2024 During a visit to the Francis Scott Key Bridge collapse site on Friday, President Joe Biden pledged federal support for the recovery effort while offering his condolences to the families of six workers killed when a container ship collided with the bridge last…
By Arshad Mohammed, Matt Spetalnick and Steve Holland WASHINGTON, April 4 (Reuters) – U.S. President Joe Biden effectively gave Israeli Prime Minister Benjamin Netanyahu an ultimatum on Thursday: protect Palestinian civilians and foreign aid workers in Gaza or Washington could rein in support for Israel in its war against Hamas militants. The message, after months of U.S. calls for…
In times of economic uncertainty and market volatility, navigating the investment landscape can be daunting. However, with the right strategies and insights, investors can weather the storm and even capitalize on opportunities that arise amidst the chaos. This comprehensive guide offers valuable advice and practical tips for effectively managing investments in volatile markets. Key Features:…