It’s nearly time to say goodbye to the political ads that have appeared...
It’s nearly time to say goodbye to the political ads that have appeared during every commercial break for the past couple of months. Vice President Kamala Harris and Republican nominee Donald Trump will make their final push for undecided voters this week. Trump is scheduled to hold rallies in Georgia, Pennsylvania, Wisconsin, and Nevada; on Tuesday, Harris will speak at the same location where Trump addressed supporters on Jan. 6, 2021, before the attack on the Capitol and is expected to denounce her opponent’s fitness for office.
The cost of campaigning for two years reveals a huge disparity between the US and other industrialized democracies, where candidates hustle to earn votes for weeks, not years.
During their six-week campaigns in Britain this summer, Keir Starmer raised $12.3 million on his way to becoming prime minister. Opponent Rishi Sunak received only $2.5 million.
Meanwhile, Kamala Harris raised $300 million in her first two weeks atop the Democratic ticket after replacing Joe Biden and has raised $1 billion overall. Trump’s campaign has raised $800 million.
Clocks are going back an hour this weekend: Daylight...
Clocks are going back an hour this weekend: Daylight saving time is once again ending to create a monthslong window where it’s dark when you leave for work and dark when you’re on your way home. On Sunday at 2am ET, we will turn our clocks back our clocks will reset themselves and our microwaves will either be right or wrong until we move the clocks ahead in March. All this disruption to our lives, and most studies show that clocks going back an hour has a minimal impact on conserving energy.
Donald Trump held a marathon rally at NYC’s Madison Square Garden in which opening speakers made racist, crude remarks. A comedian compared Puerto Rico to a “floating island of garbage” and Trump’s childhood friend called Harris “the anti-Christ.”
The president of Georgia said she does not recognize the results of parliamentary elections held this weekend due to alleged Russian interference. Georgian electoral observers across the country also reported violations.
Dwyane Wade’s statue was mocked endlessly after being unveiled outside of Kaseya Center in Miami.
Venom: The Last Dance had a lousy opening weekend at the box office. Competition from the World Series was said to be a factor.
Oil prices drop after Israeli airstrikes spare Iran’s oil facilities
Crude oil futures fell Sunday, after widely-anticipated...
Crude oil futures fell Sunday, after widely-anticipated Israeli airstrikes against Iran did not hit crucial oil facilities.
After initially dropping more than 5%, West Texas Intermediate crude CL00-4.39% was down 4.2%, to $68.76 a barrel, as of 8:30 p.m. Eastern, while Brent crude BRN00-4.22% the global benchmark, was down 4% to $72.62.
Tropical disturbance ‘likely to develop’ this week, NHC says
A new tropical disturbance in the Caribbean Sea has a 30% chance of development...
A new tropical disturbance in the Caribbean Sea has a 30% chance of development over the next week, according to the National Hurricane Center. The system, which emerged Saturday, is expected to move north/northeast. This follows Tropical Storm Oscar which hit Cuba as a Category 1 hurricane earlier this month.
► Gold prices rallied, approaching $2,800. Global bonds continued to fall as investors speculated about how far and how quickly central banks will cut interest rates.
► Treasury yields rose above 4.2%, impacting the market's liquidity. Rising yields suggest caution among investors as the Federal Reserve hints at a more moderate pace, likely to include a 25-basis-point cut.
► Geopolitical tensions continue to create uncertainty. Macroeconomic indicators reveal a troubling landscape in the housing market, with existing home sales hitting a 14-year low, underscoring the challenges of elevated mortgage rates and persistently high home prices.
► Big Tech earnings are in full swing, and major developments unfolded in the sector, with Qualcomm facing disruption as Arm Holdings cancels a critical chip design license.
► Bitcoin continued its uptrend amid high market volatility as traders sought alternative investments. Meanwhile, Robinhood's acquisition of Bitstamp for $200 million underscores the growth trajectory and potential consolidation within the crypto industry.
►West Texas Intermediate climbed 2.3% to settle near $72 a barrel, while global benchmark Brent settled just above $76. The US benchmark pushed past its 50-day moving average of about $71.65, a technical level that can contribute to accelerated buying from algorithmic traders.