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Wednesday 3 July 2024

Investors divided on Trump vs Biden

07:07

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Nothing says "uncertainty" like an election ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 

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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Wed Jul 3 2024

 

Daniel de Visé Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money, politics edition.

Some armchair investors would like to see Donald Trump steering the economy. Others prefer Joe Biden.

But if there's one thing all investors eschew, it's uncertainty. And nothing says uncertainty quite like the 2024 election.

Betterment, the financial advisory company, recently surveyed 1,200 investors, asking what word best conveyed their feelings about the upcoming election. The most popular response: "Anxious."

What Supreme Court rulings mean for Trump's war on Big Tech

For years, Jessica Guynn reports, Republicans hammered the message that powerful technology companies are biased against conservatives. 

That grievance intensified in 2021, when major social media platforms suspended former President Donald Trump following the Jan. 6 attack on the Capitol. Florida and Texas responded by passing laws meant to limit how tech companies moderate content on their platforms.

Anti-tech sentiment did not gin up as much partisan fervor as abortion or immigration, but it rallied a GOP base devoted to the former president. Then, the popular conservative campaign hit a major snag: the nation's high court.

📰 More stories you shouldn't miss 📰

Powell: Fed "can afford to take our time"
Tesla stock climbs on good news
Is the stock market open on July 4th?
What does it cost to brush a dog's teeth?

📰 A great read 📰

Finally, here's a popular story from earlier this year that you may have missed. Read it! Share it!

Not everyone is meant to wear Lululemon apparel, the company's billionaire founder told Forbes for a story that ran at the start of the year. 

The yoga-inspired athletic apparel company's former CEO, Chip Wilson, received another wave of backlash after saying the brand was "trying to become like the Gap, everything to everybody," which, in his words, contradicts the notion of what a brand is.  

"And I think the definition of a brand is that you're not everything to everybody… You've got to be clear that you don't want certain customers coming in," Wilson told Forbes. 

About The Daily Money

Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.

Daniel de Visé covers personal finance for USA Today.

President Joe Biden and former President Donald Trump face off in a presidential debate June 27 in Atlanta. They debated twice before Biden won the 2020 election.

If there's one thing all investors eschew, it's uncertainty. And nothing says uncertainty quite like the 2024 election.

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In this photo illustration, social media apps are displayed on an iPad on February 26, 2024, in Miami, Florida.
 

What Supreme Court rulings mean for Trump's war on Big Tech

The Trump-led campaign against Big Tech 'censorship' of conservatives has run into a major roadblock: The Supreme Court.

U.S. Federal Reserve Chair Jerome Powell delivers remarks during a press conference following the announcement that the Federal Reserve left interest rates unchanged, in Washington, U.S., June 12, 2024.
 

Powell says Fed "can afford to take our time" as they weigh rate cuts

Fed Chair Jerome Powell said he wants to see more evidence inflation is falling sustainably to officials' 2% goal before cutting interest rates.

A Tesla logo is seen the buildings of a future dealership located in Tallahassee, Florida on Monday, July 1, 2024.
 

Tesla Q2 deliveries beat expectations for first time in year

Tesla reported delivery numbers for the second quarter of 2024 Tuesday. The figures were the company's first expectation beat in a year.

CHICAGO, ILLINOIS - JUNE 20: Cars sit on a Chevrolet dealership's lot on June 20, 2024 in Chicago, Illinois. A cyber attack on CDK Global, a software provider that helps dealerships manage sales and service, has crippled the workflow at approximately 15,000 dealerships across the United States and Canada.
 

CDK outage update: All car dealers should be back online by Thursday

CDK Global says it plans to have all car dealerships back online with their software by Thursday, July 4, following a June cyberattack.

Delta Airlines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington.
 

Spoiled food causes Delta flight to make emergency NYC landing

The Delta flight heading from Detroit to Amsterdam made an emergency landing in NYC after a portion of in-flight meals were discovered to be spoiled.

Traders work, as screens display a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, Jan. 31, 2024.
 

Is the stock market open on July 4th? See full holiday schedule

Here's what you need to know about whether U.S. stock markets will be open or closed on the Fourth of July.

Ticketmaster signage on the pitch during the match between Orlando Pride and Angel City FC at Inter&Co Stadium in Orlando on March 22.
 

Ticketmaster confirms data breach, mum on impact for customers

Ticketmaster confirmed a data breach in notifications to customers. PC Mag reported that over 1.3 TB of data was stolen in the breach.

Heavy traffic is seen at Los Angeles International Airport (LAX) on May 27, 2021 in Los Angeles, as people travel for Memorial Day weekend, which marks the unofficial start of the summer travel season.
 

Traveling for Fourth of July? The best and worst drive times.

The Fourth of July marks the peak of summer travel. Here are the best and worst times to avoid traffic.

Visitors ride the Goliath roller coaster at Six Flags Magic Mountain in Southern California.
 

Six Flags, Cedar Fair merger closed Monday

Once combined, the company will be worth an estimated $8 billion.

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