A win for Kamala Harris and the Democrats would boost US economic growth and job opportunities for Americans, while a Trump victory could lead to reduced economic output due to higher tariffs and stricter policies, according to Goldman Sachs.
Tags: Kamala Harris
Trump's Victory Expected to Boost US Stocks but Hike Consumer Prices and Higher Inflation, Economists Warn
Donald Trump's second term spurs market optimism but may drive inflation, impacting US consumers and global trade, according to Economists.
US Election Results Spark 'Investors Anxiety' Due to Stark Financial Policies by Harris and Trump
Global investors are anxious ahead of the US 2024 election, anticipating market volatility based on the outcomes of contrasting policies from Trump and Harris.
US Banks Silently Root for Trump Due to Hopes for More Lenient Financial Regulations
Banks are increasingly favoring Trump's return, expecting looser regulations and boosted profits through Wall Street deals.
Kamala Harris Reveals New Policies to Strengthen Black Male Support With $20,000 Forgivable Loans and Health Equity
Kamala Harris's new policies include providing forgivable loans, access to marijuana and cryptocurrency industries, and launching a national health initiative.
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The crypto industry has spent nearly $120 million in the 2024 election cycle to influence US politics and push for favorable regulations.
Kamala Harris has proposed raising the corporate tax rate from 21% to 28% to reduce the national debt and support working families if she wins the November election.
Melinda French Gates, the ex-wife of Microsoft founder Bill Gates, said that the new generation of billionaires like Elon Musk, Peter Thiel, Jack Dorsey, and Bill Ackman are more vocal than financial in their efforts to make social changes.
Donald Trump and the RNC gained a financial edge over Democrats by June, but a historic fundraising surge followed Biden's withdrawal and endorsement of Kamala Harris.
Biden and other Democrats have endorsed Harris as the party's potential presidential nominee for the 2024 election.
GoBankingRates provided several immediate impacts that would affect Wall Street and other financial institutions following US President Joe Biden’s decision to stand down from the race to the White House.
Share markets across Asia are expected to stay in the red after last week’s tech bloodbath, as well as the shock announcement of US President Joe Biden bowing out of the presidential race in November.
US President Joe Biden announced that he was standing down from the country’s presidential election this November, endorsing Vice President Kamala Harris on his stead.
President Joe Biden faces pressure from prominent donors within his party, including Disney heiress Abigail Disney, who announced she would cease funding to the Democratic Party.
