Tag Archives: election

U.S. stocks plummeted Wednesday after three days of gains, as investors mulled over a mixed verdict from the midterm election results and highly anticipated inflation data looms on the docket. The S&P 500 (^GSPC) shed over 2%, while the Dow Jones Industrial Average (^DJI) fell by nearly 650 points, or roughly 2%. The technology-heavy Nasdaq Composite (^IXIC) dragged down by almost 2.5%, or 260 points. Investors’ optimism during stocks’ three-day rally was built on expectations that… Source link

History shows the stock market loves the period after the midterm elections — but that might not be the case in the wake of this year’s Nov. 8 election. “A lot of things will drive the stock market,” Gargi Chaudhuri, head of iShares investment strategy at BlackRock Americas, said on Yahoo Finance Live. “I don’t want to base it entirely upon the Fed and elections only. … But all else equal, if you are just giving me a hawkish Fed and a divided government, I think it is just going to be… Source link

Donald Trump Jr., left, and Mark Meadows, the White House chief of staff, on Nov. 4, 2020, the day after Election Day, at the White House in Washington. (Doug Mills/The New York Times) WASHINGTON — Former President Donald Trump’s eldest son sent the White House chief of staff a text message two days after Election Day in 2020 that laid out strategies for declaring his father the winner regardless of the electoral outcome, people familiar with the exchange said Friday. The text, which was… Source link

A federal judge ruled Monday that then-President Donald Trump and lawyer John Eastman “more likely than not” committed crimes in their efforts to obstruct the certification of Joe Biden’s victory in the 2020 election. The extraordinary ruling by U.S. District Court Judge David Carter ordered Eastman to turn over 101 emails to the House’s Jan. 6 select committee. Eastman, who had argued that the emails were protected by attorney-client privilege, formulated a legal strategy to keep Trump in… Source link

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to reuters.com Register MANILA, Dec 1 (Reuters) – Alphabet Inc’s (GOOGL.O) Google said on Wednesday it will ban political advertising on its platform in the run-up to Philippine elections in May next year to choose a successor to President Rodrigo Duterte. The move comes amid pressure on social media platforms… Source link

(Bloomberg) — Most Asian stocks rose Monday after the outcome of Japan’s election bolstered expectations for fiscal stimulus and as all-time highs for U.S. shares encouraged some investor optimism. The yen weakened. Most Read from Bloomberg Equities jumped more than 2% in Japan, where Prime Minister Fumio Kishida’s Liberal Democratic Party defied forecasts by preserving its outright majority. Stocks dipped in China amid data signaling economic weakness due to power shortages, surging… Source link

The editor Marty Baron was famously portrayed by Liev Schreiber in the movie “Spotlight,” which chronicles The Boston Globe’s exposure of pervasive abuse by Catholic priests. After leaving The Globe, Baron began another difficult assignment: leading The Washington Post during Donald Trump’s tumultuous presidency. His time at the helm of the paper ended with his retirement in February. In an interview this week for Influencers with Andy Serwer, Baron reflected on Trump’s legacies on the… Source link

Former vice president Mike Pence said he would remain “proud” that he and members of Congress completed the certification of the Electoral College results, in remarks at the Reagan Library on Thursday evening. In a wide-ranging speech, Pence urged Republicans to continue the policies of former president Donald Trump alongside more traditional conservative priorities. Pence said that “under President Trump’s leadership we were able to achieve things Republicans have been talking about… Source link

Rudy Giuliani, the former personal attorney for former President Donald Trump, was suspended Thursday from practicing law in New York. Giuliani, who was also a New York City mayor and U.S. attorney, had propagated baseless claims of widespread voter fraud and tried to persuade state legislators to override the will of the voters during the 2020 presidential election A New York appellate court found that “there is uncontroverted evidence that respondent communicated demonstrably false and… Source link

The Republican Party finds itself in befuddling circumstances as former President Donald Trump prepares to hold political rallies again, beginning this weekend with an appearance in North Carolina. Trump was one of the only Republican candidates to lose a high-profile competitive race in 2020. GOP candidates won the majority of close races across the country, in the U.S. Senate, in the U.S. House and in state legislatures and gubernatorial races. Yet the party remains stuck with Trump as its… Source link