US presidential race 2024: Key dates and events

US presidential race 2024: Key dates and events

Representative image | Photo Credit: AFP Former President Donald Trump leads a pack of six Republican candidates jostling to be their party’s presidential nominee for the 2024 election, while President Joe Biden faces little opposition in the Democratic Party. Here is a timeline of events related to the Nov. 5, 2024, election between Jan 01, … Read more

Eric Garcetti confirmed as U.S. Ambassador to India after 20-month fight

Eric Garcetti confirmed as U.S. Ambassador to India after 20-month fight

President Joe Biden’s close aide Eric Garcetti won confirmation Wednesday from a divided Senate as the nation’s next ambassador to India, more than a year and a half after he was first nominated by the President and after weathering doubts about his truthfulness in a sexual harassment scandal involving a City Hall adviser. The 52-42 vote gave … Read more

White House proposes new $916 bn stimulus plan to break deadlock

White House proposes new 6 bn stimulus plan to break deadlock

The White House unveiled a $916 billion stimulus proposal on Tuesday in a final dash to break a months-long logjam over new aid for the coronavirus-stricken US economy before President Donald Trump leaves office in January. Treasury Secretary Steven Mnuchin announced the plan, which he said includes “money for state and local governments and robust … Read more

President-elect Joe Biden to meet with US workers hit by coronavirus pandemic

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WASHINGTON: President-elect Joe Biden on Wednesday will meet with American workers and business owners hit by COVID-19 as he prepares to confront the pandemic that has taken a heavy human and economic toll when he takes office next month. The Democrat is urging Congress to resolve a months-long standoff over coronavirus aid and has promised … Read more

President-elect Joe Biden’s tax policies could be a boon for India, feel experts

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US President-elect Joe Biden’s policies of taxing corporates at a higher rate than present levels could prove to be an opportunity for India which has brought down its tax rates substantially. Experts said that multinational companies and US-based companies may end up moving a large part of their profits to overseas destinations like India to … Read more

Message of Election 2020: Trump lost, but Trumpism did not

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President Donald Trump lost. But Trumpism did not. It won in the parts of the country and with the voters whom Trump catered to over four years, constantly jabbing the hard edges of almost every contentious cultural issue into Red America, on the bet that fear and anger were a winning hand. It almost was. … Read more

Wall Street Weekahead: Small caps join market rally but pandemic could derail them

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By David Randall NEW YORK: U.S. small caps joined in the broad market rally in the days after Election Day as investors priced in the likelihood of a divided Washington with Democrat Joe Biden president and Republicans maintaining their Senate majority. Yet some investors and analysts warned that smaller companies may lose steam as the … Read more

After year of disruption, America set to choose a path ahead

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After a year of deep disruption, America is poised for a presidential election that renders a verdict on the nation’s role in the world and the direction of its economy, on its willingness to contain an escalating pandemic and its ability to confront systemic racial inequity. But the two men on the ballot, President Donald … Read more

Ahead of U.S. election, Facebook suspends political and new group recommendations

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Facebook Inc confirmed on Friday it was temporarily halting recommendations for all political groups and any new groups in the run-up to Tuesday’s U.S. presidential election. Facebook’s Chief Executive Officer Mark Zuckerberg referred to one of the changes during a Senate hearing on Wednesday, saying: “We have taken the steps to stop recommendations in groups … Read more

What’s in the US law protecting internet companies – and can it be changed?

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The chief executives of Twitter Inc , Facebook Inc and Alphabet Inc’s Google defended a law protecting internet companies before a Senate panel on Wednesday as lawmakers seek ways to hold Big Tech accountable for how they moderate content on their platforms. The hearing was about Section 230 of the Communications Decency Act, which offers … Read more