Trump on economy: 'You're so damn lucky I won'

President Trump told McDonald’s Impact Summit attendees on Monday that they are “very lucky” to win the 2024 presidential election, arguing that the economy would be a “devastation” under former Vice President Kamala Harris. “Welfare was going up. Everything was going up. Government jobs were going up, real jobs were going down,”… Source link

Read More

Granddaughter of 'Charlotte's Web' author criticizes DHS using book name in Charlotte operation

Martha White, granddaughter of “Charlotte’s Web” author E.B. White, criticized the Department of Homeland Security (DHS) for using the novel’s name to refer to its Charlotte, NC, immigration enforcement operation. The Trump administration has called this effort “Operation Charlotte’s Web”. “He believed in the rule of law and due process,” Martha White said. Source link

Read More

Dell, HPE shares sink after Morgan Stanley downgrades

Igor Golovnov | Lightrocket | Getty Images Data center stocks took a major hit on Monday after Morgan Stanley downgraded seven hardware companies, including Dell and Hewlett Packard Enterprise. The bank double-downgraded Dell from overweight to underweight and downgraded HPE from overweight to equal weight. Dell and HPE closed down 8% and 7%, respectively. HP…

Read More

Sinclair acquires Scripps stake in a push to merge

Signage is displayed outside the Sinclair Broadcast Group Inc. headquarters in Cockeysville, Maryland, U.S. Andrew Harrer | Bloomberg | Getty Images Sinclair disclosed a stake in fellow broadcast station owner E.W. Scripps on Monday, in a move to push toward a merger of the companies. Sinclair, which acquired a roughly 8% position in Scripps per…

Read More

Larry Summers stepping back from 'public commitments' after Epstein emails

Former Treasury Secretary Larry Summers said Monday he will “withdraw from public commitments” amid revelations he frequently interacted with convicted sex offender Jeffrey Epstein. “I am deeply ashamed of my actions and recognize the pain they have caused. I take full responsibility for my wrong decision to continue communicating with Mr. Epstein,” Summers… Source link

Read More