– United States president Donald Trump’s re-election bid will pick up speed this weekend with Trump 2020 the primary sponsor of Corey LaJoie’s car for NASCAR’s Brickyard 400 at Indianapolis Motor Speedway on Sunday. Go Fas Racing announced on Wednesday it had entered into a partnership with Patriots of America PAC, a pro-Donald Trump Political Action Committee, for nine races, including the Cup Series race at the Brickyard. “I am honored to be part of…"Trump re-election bid picks up speed with NASCAR sponsorship"
NEW YORK – U.S. equity funds that were able to best weather the global economic upheaval from the coronavirus pandemic this year are turning to healthcare, e-commerce and electric vehicle stocks as they look ahead to 2021. Few expect a quick economic recovery or containment of the virus that would allow a widespread return to office buildings and schools. Instead, top-performing fund managers say they are positioning their portfolios to benefit from an increase in…"Top-performing U.S. equity funds this year are betting on a transformed world"
NEW YORK – President Donald Trump’s re-election campaign and the Republican National Committee raised $266 million during the second quarter, the joint committee said on Wednesday. Trump and the RNC raised $131 million in June, more than any single month in the 2016 campaign, the committee said."Trump’s re-election campaign raises $266 million in second quarter"
SEATTLE/CHICAGO – U.S. lawmakers introduced a bipartisan bill on Tuesday that would reform aircraft certification following two fatal Boeing Co 737 MAX crashes, Senators Roger Wicker and Maria Cantwell said in a joint statement accompanying the proposal. The measure seeks to eliminate the ability of aircraft makers like Boeing to unduly influence the certification process and marks the most significant step toward reforms following the 2018 and 2019 crashes, which sparked calls to change how…"Senators introduce aviation safety bill to reform certification after 737 MAX crashes"
CHICAGO – Employer retirement plans are not known for their flashy investments – a majority of 401(k) investors these days use target date funds that invest in broad, diversified equity and fixed income mutual funds that automatically rebalance to minimize risk as retirement approaches. That has been a healthy, if unexciting, trend. But in the years ahead, some plan sponsors may start spicing things up. Last week, the federal government opened the door for plan…"Column: What would private equity funds in 401(k)s mean for retirement savers?"
WASHINGTON – Georgia Democrats will try to pick their challenger to Republican Senator David Perdue on Tuesday when voters in five U.S. states choose candidates for the White House and Congress as the nation navigates a trio of politically charged crises. U.S. cities over the past two weeks have seen large-scale protests against high-profile killings of black men including George Floyd in Minneapolis and Ahmaud Arbery in Brunswick, Georgia, while coping with a pandemic that…"Georgia Democrats vote on Senate challenger as five U.S. states hold primaries"
– Republicans are more pessimistic about the country’s direction than at almost any other time during Donald Trump’s presidency, as a trio of crises – the coronavirus pandemic, an economic downturn and mass protests over police brutality – buffets his administration. Only 46% of Americans who identify as Republicans say the country is on the right track, according to a /Ipsos poll conducted last week. It is the first time that number has fallen so…"Exclusive: In warning sign for Trump, Republicans growing pessimistic about country’s direction"
lysisWASHINGTON – Battered by crisis after crisis, President Donald Trump appears to be in political peril as never before. Since taking office in 2017, Trump has weathered storm after storm, always emerging with a fighting chance at being re-elected. After he survived an impeachment trial that saw him acquitted by the Republican-led Senate on Feb. 5, things looked up. Now Trump’s Teflon shield is being put to an acid test as he faces a triple…"A triple whammy of crises tests Trump’s support ahead of November’s election"
WASHINGTON – President Donald Trump will accept the Republican Party’s presidential nomination outside of North Carolina, where the party’s convention was planned to take place in August, the Republican Party said in a statement on Wednesday. North Carolina Governor Roy Cooper, a Democrat, rejected Republican demands for a full-fledged convention in Charlotte over concerns that social distancing to prevent the spread of the coronavirus would make doing so impossible."Trump to accept Republican presidential nomination outside of North Carolina: party statement"
(The author is editor-at-large for finance and markets at News. Any views expressed here are his own) By Mike Dolan LONDON – Many households have built up a stash of savings during the coronavirus lockdowns of the past three months — and how they view them may dictate the speed of recovery from the pandemic. Although the shock has caused spikes in unemployment, most households spent lockdown periods either working from home, furloughed or on…"Column: Spend or hoard? Fate of forced savings could define pandemic recovery – Mike Dolan"