Donald Trump is testing his political strength for the second straight week Tuesday, this time in Nebraska, where the former president is backing a candidate for governor accused of sexually assaulting multiple women. Trump’s pick in the tight three-way GOP gubernatorial primary is cattle producer and businessman Charles Herbster, who had been leading the field of Republicans running for governor. But in mid-April a Republican state senator, Julie Slama, and seven other women said Herbster… Source link
Read More »J.D. Vance latest candidate to gain Trump’s endorsement
J.D. Vance has become the latest candidate to gain Donald Trump’s coveted endorsement in a Republican primary this year. Vance, who has been trailing in the crowded Ohio Senate race, joins well over 130 candidates Trump is betting on as a test of his continued influence in GOP politics. The author had previously been critical of the former president, but Trump concluded Vance “gets it now” in his endorsement announcement. The former venture capitalist is now possibly the candidate with… Source link
Read More »Why Trump’s new media site Truth Social is destined to flame out
This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, February 23, 2022 Apple and a boring experience could crush Truth Social More than a year after Twitter (TWTR) and Facebook parent Meta (FB) ditched Donald Trump, the ex-president is back online with Truth Social. The platform, which opened to the public on Monday, marks Trump’s… Source link
Read More »Trump’s trade war was a total flop
Donald Trump, the American president from 2017 to 2021, said he knew more about trade than most economists and foreign-policy experts. “Trade wars are good, and easy to win,” Trump famously declared in 2018. He described himself as a “Tariff Man” and proved it by imposing new tariffs on hundreds of billions of dollars of U.S. imports, to be paid by the American firms buying those goods. Trump’s dubious logic was that making imports costlier to Americans would hurt the foreign… Source link
Read More »People are laughing at Trump’s new company
Former US president Donald Trump gestures as he speaks, flanked by Texas Governor Greg Abbott, during a visit to the border wall near Pharr, Texas on June 30, 2021. (Photo by SERGIO FLORES/AFP via Getty Images) Is this the revenge of Four Seasons Landscaping? That was the worn-down venue in Philadelphia where Donald Trump’s lawyer, Rudy Giuliani, launched the doomed effort to block Joe Biden’s win in the 2020 presidential election. The Giuliani group meant to book the Four Seasons hotel,… Source link
Read More »‘This one is next’ — here’s why WallStreetBets founder Jaime Rogozinski is tapping Trump’s SPAC as the clear new meme trade
‘This one is next’ — here’s why WallStreetBets founder Jaime Rogozinski is tapping Trump’s SPAC as the clear new meme trade Keeping a close eye on Reddit’s WallStreetBets forum has been a good idea for investors. The 11 million-member Internet community led the charge during GameStop’s two-week 1,500% short-squeeze in January and is largely responsible for AMC Entertainment’s massive 1,800% year-to-date run-up. Those incredible gains have led to the downfall of several hedge funds that… Source link
Read More »Trump’s Tech SPAC Could Make Him Billions With Meme-Stock Frenzy
(Bloomberg) — Donald Trump’s sagging fortune is suddenly poised to get a massive boost from meme-stock mania. Most Read from Bloomberg News late Wednesday that the former president’s nascent media enterprise, Trump Media & Technology Group, is planning to go public via a special purpose acquisition company has sent retail investors into a frenzy, even with few details released. The stock gain drove the implied value of the new venture to more than $8.2 billion. Based on figures from press… Source link
Read More »The problem with Trump’s new media company
For the moment, investors seem wildly optimistic about the new media company Donald Trump is forming. Shares of little-known Digital World Acquisition Corp. (DWAC) soared 350% in one day after the shell company said it was merging with a new Trump entity aiming to build a social-media platform, a streaming operation and more. That could be the peak, however. Trump obviously has a massive following, but it’s important to keep in mind that Trump’s popularity comes from his combativeness. He… Source link
Read More »Biden’s plans to cool Trump’s trade war with China
On paper, the Biden administration is keeping in place the tariffs on imports and other protectionist measures Donald Trump imposed on China during his one-term presidency. But Biden is also hinting at deescalating Trump’s trade war and opening the door to better relations with the world’s second-largest economy—if China does its part. The Biden administration has announced a “new approach” toward China that has much in common with the old approach under Trump. Biden will keep in… Source link
Read More »Trump’s claim that the election was stolen is a ‘fiasco for our democracy’: Marty Baron
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
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