U.S. President Donald Trump said on Monday he paid “many millions of dollars in taxes” but was entitled to depreciation and tax credits and also said he was under-leveraged, having more assets than debt. The Republican president responded in a series of Twitter posts to a New York Times report that he paid just $750 … Read more
By Lewis Krauskopf The Nov. 3 presidential election between President Donald Trump and former Vice President Joe Biden could have dramatic effects across markets, and investors are already trying to identify potential winners and losers. Broadly speaking, analysts say Biden’s plan to raise corporate taxes could pressure company earnings. But they expect him to support … Read more
President Donald Trump said Saturday he had approved a deal allowing Silicon Valley giant Oracle to become the data partner for TikTok to avert a shutdown of the massively popular Chinese-owned video app that Washington has called a security risk. The deal, announced by the companies, also includes Walmart as a commercial partner and would … Read more
Democratic US Vice-Presidential nominee Kamala Harris wearing sneakers during a recent visit to Milwaukee, US (REUTERS Image) There are many firsts associated with Kamala Harris being chosen as the Democratic Vice-Presidential nominee for this year’s US elections. She is not only the first woman of colour to be on a major party’s presidential ticket, but … Read more
While Trump continues to be heavily criticised for his handling of the Covid-19 situation in the US, would the announcement of a vaccine just before the election enhance the chance in his re-election bid? Synopsis The November 3 election certainly is an important factor to the ‘race for a Covid vaccine’. By Atanu BiswasDuring the … Read more
LANSING: In 2016, Donald Trump tore down Democrats‘ “blue wall,” winning the White House with surprise victories in Michigan, Pennsylvania and Wisconsin. This year, Joe Biden is trying to rebuild. The Democratic presidential nominee’s first pandemic-era campaign trips beyond his home in Delaware are taking him to all three states, an indication of how closely … Read more
By Trip Gabriel As returns came in on election night in Florida in 2018, the Republicans running for governor and the Senate took narrow leads in races that were too close to call. Over the next days, their Democratic opponents began closing the gaps as mailed-in votes were counted. President Donald Trump raised an alarm. … Read more
By Gregor Stuart Hunter and Abhishek Vishnoi Divining the US election result is hard enough, never mind the impact of the vote on markets. Even so, one emerging view is that a Joe Biden win would damp risks in Asia if it curbs some of the tension with China. Disputes in areas such as technology, … Read more
By Kevin Roose If you’re spending a lot of time online these days — and thanks to the pandemic, many of us are — you’ve probably heard of QAnon, the sprawling internet conspiracy theory that has taken hold among some of President Donald Trump’s supporters. But unless you’re very online, you likely still have questions … Read more
Democratic presumptive presidential nominee Joe Biden, if elected to power in the November elections, will help shape international bodies like the United Nations so that India gets a permanent seat on the Security Council, a former top American diplomat has said. India has been pushing for reforms of the United Nations, including the Security Council, … Read more