Biden Wonât Drop Out of Race , After Shaky Debate Performance, Campaign Official Says.
President Biden and former President Trump took part in a debate on June 27.
President Biden and former President Trump took part in a debate on June 27.
According to a CNN flash poll,
67% of viewers said Trump won the debate.
According to a CNN flash poll,
67% of viewers said Trump won the debate.
Biden's performance was noticeably concerning. .
One former Biden aide found themselves asking, âWhat did he just say?
This is crazy,â Politico reports. .
When the president wasn't speaking incoherently, he was standing with his mouth agape and staring into the distance, prompting many Democrats to call for a new presidential candidate, 'The Hill' reports. .
My job right now is to be really honest.
Joe Biden had one thing he had to do
tonight. And he didnât do it, Former Sen. Claire McCaskill, to MSNBC .
He had one thing he had to accomplish.
And that was reassure America that
he was up to the job at his age.
And he failed at that tonight, Former Sen. Claire McCaskill, to MSNBC .
Biden needs to drop out.
No question about it, Prominent Biden campaign donor, via Politico.
But Seth Schuster, Biden's campaign
spokesperson, said in a text message,
"Of course he's not dropping out," 'The Hill' reports. .
Even though Biden intends to stay in the race,
if things don't go his way, there are six people who
could potentially take his place, 'The Guardian' reports. .
They are Kamala Harris, Gavin Newsom,
J.B. Pritzker, Gretchen Whitmer,
Sherrod Brown and Dean Phillips.
They are Kamala Harris, Gavin Newsom,
J.B. Pritzker, Gretchen Whitmer,
Sherrod Brown and Dean Phillips.
They are Kamala Harris, Gavin Newsom,
J.B. Pritzker, Gretchen Whitmer,
Sherrod Brown and Dean Phillips.
They are Kamala Harris, Gavin Newsom,
J.B. Pritzker, Gretchen Whitmer,
Sherrod Brown and Dean Phillips.
They are Kamala Harris, Gavin Newsom,
J.B. Pritzker, Gretchen Whitmer,
Sherrod Brown and Dean Phillips.
They are Kamala Harris, Gavin Newsom,
J.B. Pritzker, Gretchen Whitmer,
Sherrod Brown and Dean Phillips
Credit: Wibbitz Top Stories Duration: 01:31Published
Judge Blocks $30 Billion , Visa, Mastercard , âSwipe Feeâ Settlement.
Federal Judge Margo Brodie rejected the $30 billion antitrust settlement on June 25, 'The Hill' reports. .
In March, Visa and Mastercard agreed
to limit interchange fees that retailers
who accept their cards are charged. .
The companies said they would reduce swipe fees for at least three years by a minimum of 4 basis points.
They also agreed to "cap their fees at 2023 levels
for the next five years," 'The Hill' reports. .
Retail industry groups criticized the proposed settlement since it would only provide temporary relief to a larger problem. .
Thankfully, the judge made the right
call in recognizing what a bad deal
this would have been for Main Street
merchants and their customers. , Christopher Jones, member of the executive committee
of the Merchants Payments Coalition (MPC), via 'The Hill'.
Itâs extremely unusual for a judge to
reject a settlement at the preliminary
stage, so this shows how far Visa and
Mastercardâs proposal missed the mark, Christopher Jones, member of the executive committee
of the Merchants Payments Coalition (MPC), via 'The Hill'.
The average swipe fee that retailers
pay is 2.24%, but it can go up to 4%,
according to the National Retail Federation.
The credit card payment market
has been broken for decades. , The Retail Industry Leaders Association, via 'The Hill'.
Leading retailers are grateful that
Judge Brodie saw through the facade
of the proposed settlement.., The Retail Industry Leaders Association, via 'The Hill'.
... and understood that it would not
provide the meaningful change that is
needed to correct the competitive
imbalance in the interchange ecosystem, The Retail Industry Leaders Association, via 'The Hill'.
Retailers have also called on lawmakers to pass the Credit Card Competition Act.
Supporters claim that the bill would break
up Visa and Mastercard's dominance
and allow for more competition
Credit: Wibbitz Top Stories Duration: 01:31Published
Voters Donât Think Kamala Harris Could Win , an Election as Democratic Nominee, Survey Finds.
Amid speculation about Biden's advanced
age, Harris has previously said she's
ready to be president "if necessary." .
Amid speculation about Biden's advanced
age, Harris has previously said she's
ready to be president "if necessary." .
But what if she received a Democratic presidential candidate nomination?.
According to a Politico/Morning
Consult poll released on June 12, .
only a third of voters think Vice President Harris could win an election as a Democratic presidential nominee, 'The Hill' reports. .
14% of voters thought her chances of becoming president would be very likely.
while 20% think she'd be
only somewhat likely to win.
37% said it's not at all likely
that she would win. .
Meanwhile, 21% said they'd want Harris to be the Democratic nominee if Biden wasn't running.
10% said they'd prefer Gavin Newsom, and another 10% would support Pete Buttigieg.
10% said they'd prefer Gavin Newsom, and another 10% would support Pete Buttigieg.
Over 40% were unsure or indifferent. .
The poll also determined "that 42%
have a very unfavorable impression" of
both Harris and Biden, 'The Hill' reports
Credit: Wibbitz Top Stories Duration: 01:30Published
Donald Trump Wants , to End Taxes on Tips.
While speaking at a rally in Las Vegas on June 9,
Trump said the "first thing" he'll do if reelected president
is stop tips from being taxed, 'The Hill' reports. .
For those hotel workers and people that
get tips, youâre going to be very happy.
Because when I get to office, we are
going to not charge taxes on tips. , Donald Trump, via statement.
Weâre not going to do it, and
weâre going to do that right away,
first thing in office, because itâs
been a point of contention
for years and years and years, Donald Trump, via statement.
And you do a great job of service, you
take care of people and I think itâs going
to be something that really is deserved, Donald Trump, via statement.
Congressional approval would be necessary
to make those changes, 'The Hill' reports.
Trumpâs 2017 Tax Cuts and Jobs Cut Act (TCJA) expires next year, .
but if he's reelected and if Republicans
end up with a majority in Congress, .
his previous policies could
easily be extended and amended. .
Trump went on to attack
President Biden's policies on Truth Social.
Trump went on to attack
President Biden's policies on Truth Social.
Crooked Joe Biden has taken the totally
opposite approach, trying to TAX more
and more of their Tips, even hiring
88,000 IRS Agents to collect! , Donald Trump, via Truth Social.
Hopefully Rank and File Union Members,
Union Leadership itself, and Workers all
over the Country, both Union and Non-Union,
will support Donald J. Trump, , Donald Trump, via Truth Social.
... because Iâm NO TALK AND ALL ACTION!
TRUMP KEEPS HIS PROMISES, AND STANDS
WITH OUR GREAT WORKERS. PROMISES
MADE, PROMISES KEPT!, Donald Trump, via Truth Social.
Meanwhile, the Culinary Workes Union Local 226 in Las Vegas scoffed at Trump's promises.
Relief is definitely needed for tip earners, but
Nevada workers are smart enough to know the
difference between real solutions and wild
campaign promises from a convicted felon. , Culinary Union Secretary Treasurer Ted Pappageorge, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
Surge of New Applications for , Unemployment Benefits , May Signal Cooling Job Market.
Last week, the number of people in the
United States filing for unemployment benefits
reached the highest level in ten months last week. .
ABC reports that the news comes as a potential
sign that the U.S. labor market may be slowing
under the burden of high interest rates. .
The week ending June 8 saw
applications for jobless benefits
rise by 13,000 to reach 242,000. .
According to Labor Department
data, that is up from 229,000 new
applications the week before.
The number also represents the highest
number of new applications since August
of 2023, while also being significantly higher
than the 225,000 new claims forecast.
ABC reports that weekly unemployment claims have
lingered at historically low levels since millions of
jobs disappeared with the COVID-19 pandemic.
ABC reports that weekly unemployment claims have
lingered at historically low levels since millions of
jobs disappeared with the COVID-19 pandemic.
Since March of 2022, the Federal Reserve has raised
benchmark rates 11 times in an attempt to reign in
inflation which has risen to a four-decade high.
While the latest data suggests that consumer
inflation cooled in May, the Federal Reserve
has decided to leave rates at a 23-year high.
According to Fed Chair Jerome Powell, officials
are waiting for more evidence that prices
are reaching their target of two percent.
ABC reports that a total of 1.82 million
Americans were collecting unemployment
benefits in the week ending June 1. .
ABC reports that a total of 1.82 million
Americans were collecting unemployment
benefits in the week ending June 1.
Credit: Wibbitz Top Stories Duration: 01:30Published
Speaking in the Oval Office, Biden said passions were running high on both sides and the stakes of the election were enormous but that violence was not the answer, adding "We can do this".
Credit: euronews (in English) Duration: 02:23Published
In a critical prime-time address, President Joe Biden urges Americans to reject political violence and resolve their differences peacefully following the attempted assassination of former President Donald Trump. Highlighting the importance of civility in political discourse, Biden calls for unity and condemns the normalization of violence. Watch his powerful message and join the discussion on how we can heal as a nation.
#BidenSpeech #RejectViolence #Unity #TrumpAssassinationAttempt #PoliticalDiscourse #AmericanDemocracy #DonaldTrumpAssassination
President Joe Biden's asking Americans not to jump to conclusions about the man who shot Donald Trump ... urging people not to make assumptions about his.. TMZ.com
Middle-Aged Americans Are, Underprepared for Retirement, , Study Finds.
'Newsweek' reports that people in the United States
who are approaching retirement age may be critically
underprepared when it comes to their savings.
According to Prudential Investments, Americans around
the age of 55 are facing a "midlife retirement crisis,"
lacking the funds for a comfortable post-working life. .
A recent survey by the major insurance
provider found the average retirement
savings of a 55-year-old to be $47,950. .
This falls significantly short of the recommended
goal of having eight times a person's annual
income saved by the time they reach 55. .
According to the survey, 57% of 55-year-olds
said they expected to outlive the funds
they have currently managed to save.
That's compared to 59%
of 65-year-olds and
52% of 75-year-olds.
The survey also found that one-third of 55-year-olds
and 43% of 65-year-olds have already been forced
to postpone retirement due to inflation.
Attention today is rightly centered on
the approximately 11,000 65-year-olds
entering retirement every week, but we
must also focus as an industry on the
opportunity to help a slightly younger
generation of workers entering the
critical 10-year countdown to retirement, Caroline Feeney, executive vice president and head
of Prudential's U.S. Businesses, via 'Newsweek'.
Further, the financial futures
of certain cohortsâsuch as
womenâare especially precarious, Caroline Feeney, executive vice president and head
of Prudential's U.S. Businesses, via 'Newsweek'.
The upside is that, with the right
planning and strategy to protect
their life's work, we can ensure
this generation is well-prepared
to live not only longer, but better, Caroline Feeney, executive vice president and head
of Prudential's U.S. Businesses, via 'Newsweek'
Credit: Wibbitz Top Stories Duration: 01:31Published
Discover what hypergamy is and why it's becoming popular in modern dating. Learn how this trend impacts relationships and personal aspirations, based on insights from a recent survey of 2,000 Americans.
#Hypergamy #ModernDating #RelationshipGoals #DatingTrends #PersonalAspirations #AmericanCouples #AmericanYouth