Author: News Room
Golf courses, and in particular former President Donald Trump’s own properties, have long been a source of concern among Secret Service officials tasked with securing the grounds while the commander in chief plays, according to people familiar with the matter. A golf course is often the largest outdoor area a president can visit, and their design — often abutting public roads and containing elements like trees and hills which can conceal would-be assassins — make them particularly difficult for the agency to secure. Like other presidents before him, Trump’s presence at a golf course does not prompt the club to…
Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseFormer president Donald Trump is safe after what the FBI is investigating as a potential assassination attempt in south Florida, just two months after another gunman tried to kill the Republican presidential candidate.The suspected attack on Trump’s life comes little more than seven weeks before he faces vice-president Kamala Harris in a tense and closely fought presidential election.Trump released a statement on Sunday afternoon declaring: “FEAR NOT! I am safe and well, and no one was hurt. Thank God!”The…
On our previous coverage of Alibaba (NYSE:BABA), we saw enough data on the positive side of the ledger that we were able to give it a buy rating. It would be extremely unlikely for BABA, with the margins they have, but a recession does make it possible. But assuming they can hit their estimates below, we see material upside to the stock. We are raising this to a Buy, with a $90 price target in one year. Source: They Don’t Ring A Bell At The Bottom We did get that $90 mark fairly quickly and those that took on that…
Federal Reserve officials won’t say how former President Donald Trump winning a second term could impact the economy. Actually, the Fed prides itself on avoiding even the suggestion that it is wading into politics. But transcripts of closed-door Fed meetings from Trump’s first term give some clues about top economists’ true feelings about Trump’s economic agenda. If voted into office in the November US presidential election, Trump has promised to impose sweeping tariffs of at least 10% on all foreign imports, up to 60% for some Chinese products, and levies as high as 100% for countries that abandon the dollar…
Former president Donald Trump lashed out at pop star Taylor Swift on Sunday, less than a week after the musician endorsed Vice President Kamala Harris.”I hate Taylor Swift!,” Trump posted in all caps on Truth Social, the website owned by the Trump Media & Technology Group.Swift endorsed Harris in on Instagram post on Tuesday, shortly after the presidential debate between the two major party candidates.”I think she is a steady-handed, gifted leader and I believe we can accomplish so much more in this country if we are led by calm and not chaos,” Swift wrote in the post. She also…
Former President Donald Trump was unharmed on Sunday and a suspect was in custody, after shots were fired in what the Federal Bureau of Investigation said “appears to be an attempted assassination” at his Florida golf course.U.S. Secret Service officers “opened fire on a gunman located near the property line” of Trump’s golf course in West Palm Beach, Florida, shortly before 2:00 p.m. ET, Special Agent Rafael Barros said at a press conference Sunday. Trump was playing the course at the time and within 300 and 500 yards of the gunman, Palm Beach County Sheriff Ric Bradshaw said at the same…
Forbes screened more than 800 U.S. locales for everything from climate risk to crime to doctor availability. Those that made the cut were compared on leisure offerings—from the arts, fine dining and learning to hiking, skiing, watersports and golf. Here are the top 25. By William P. Barrett, Senior Contributor Jill and David DeForest Colvig spent six years plotting their retirement escape from Des Moines, Iowa. To be clear, they have nothing against the Hawkeye State—they both grew up in Iowa and spent 30 years of married life together in Des Moines, where they raised two now-adult kids. But they…
Political scientist has theory why Trump keeps pushing debunked claim about Haitian immigrants University of Virginia Center for Politics director Larry Sabato explains why Donald Trump continues to push a debunked lie about Haitian immigrants at rallies and public appearances. Read the full article here
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.German billionaire Mathias Döpfner and KKR are nearing a deal to split up the media giant Axel Springer, in a move that would allow one of the world’s largest private equity firms to bow out of news media after five turbulent years. The two sides are expected to discuss the proposed structure of a deal that would give KKR majority control of the company’s profitable classifieds business at a meeting of its supervisory board on Thursday, according to four people familiar with the…
Introduction One of the interesting elements of preferred shares in Canada is that some of the issues (and then predominantly preferred equity issued by larger companies) have a conversion component. Within the preferred security spectrum, you generally have two types of preferred shares: Fixed rate and floating rate preferred shares. In Canada, even the floating rate preferred shares generally see preferred dividend rates being locked in for five year stints (i.e. every five years the preferred dividend rate gets reset, usually based on a five-year government bond plus a mark-up). However, in some cases, preferred shareholders get the option to…
