There was a reason that Republicans entered last month’s convention with a sense of confidence. Polling showed Donald Trump with consistent-if-narrow leads nationally and in swing states. The Democrats were demoralized, unhappy about their presumptive nominee and fretting about the prospect of Trump returning to office. Both candidates were generally unpopular, with a significant number […]Read More
New Jersey Gov. Phil Murphy (D) is expected to appoint his former chief of staff, George Helmy, to replace Sen. Bob Menendez (D-N.J.) for the remaining four and a half months of his term, according to a person with direct knowledge of the decision. Menendez, a three-term senator, previously announced that he would resign from […]Read More
Sen. JD Vance (R-Ohio) said Thursday that he has agreed to an Oct. 1 debate with Minnesota Gov. Tim Walz (D) hosted by CBS News, setting the stage for at least one televised showdown between the Republican and Democratic vice-presidential nominees before the general election in November. Vance said he not only accepted the Oct. […]Read More
Consumer price growth in July slowed to its lowest post-pandemic level, a sign that the surging inflation that has gripped the U.S. economy is finally ebbing. On a 12-month basis, the Consumer Price Index (CPI) cooled to 2.9%, down from 3% in June — the first time the index dipped beneath 3% since March 2021. […]Read More
Grocery price growth, once the scourge of the post-pandemic inflation surge, has finally settled down. On Wednesday, the Bureau of Labor Statistics reported that food-at-home prices increased 1.1% year-on-year — the ninth-straight month of sub-2% increases. For the average consumer, the new price levels can take years to adjust to, economists say. Between January 2021 […]Read More
As investors face economic uncertainty, financial advisors have guidelines for how much cash they should have set aside. Despite second-quarter economic growth, nearly 60% of Americans wrongly think the U.S. is currently in a recession, according to a June survey of 2,000 adults from Affirm. While Goldman Sachs and JP Morgan raised recession forecasts in August, other experts still expect an economic “soft landing,” […]Read More
Independent presidential candidate Robert F. Kennedy Jr. sought a meeting last week with Democratic nominee Kamala Harris to discuss the possibility of serving in her administration, perhaps as a Cabinet secretary, if he throws his support behind her campaign and she wins, according to Kennedy campaign officials. Harris and her advisers have not responded with […]Read More
Former president Donald Trump on Wednesday appeared to open the door to significantly expanding his plans to impose sweeping new tariffs if he returns to office, suggesting an escalation in proposals that many experts already see as likely to cause a global trade war. Previously, the Republican presidential nominee had called for levying tariffs of […]Read More
LONDON — Travelers in Europe can now take unlimited flights for 499 euros ($550) a year under a new travel subscription service from budget carrier Wizz Air. The annual “all you can fly” pass, which allows passengers to book one-way and roundtrip flights throughout the year, will be available for the introductory fee until Friday before […]Read More
Welcome to The Campaign Moment, your guide to the biggest developments in a 2024 election in which Democrats are about to find out how far “vibes” can take you. (Make sure you are subscribed to this newsletter here. You can also hear my analysis weekly on Apple Podcasts, Spotify or wherever you get your podcasts.) […]Read More