Author: CNBC
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What happens next if Biden drops out of the presidential race
US President Joe Biden steps off Air Force One as he arrives at Hagerstown Regional Airport in Hagerstown, Maryland, June 20, 2024, on his way to Camp David. Samuel Corum | AFP | Getty Images President Joe Biden is under siege from within his own party, as more Democrats — in private and in public…
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‘Make or break week:’ Stifel sees 40% chance of President Biden dropping out of the race
There’s a 40% chance President Joe Biden will not seek reelection, according to Stifel. Brian Gardner, the firm’s chief Washington policy strategist, is out with a research note that calls it a “make or break week” for the president’s campaign as Congress returns from its Fourth of July recess. “There’s a 60% chance, more likely…
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‘No one is picking up the phone’: Joe Biden’s fundraising confronts new hurdles after debate
U.S. President Joe Biden boards Air Force One at Dover Air Force Base in Dover, Delaware, U.S., June 20, 2024. Amanda Andrade-rhoades | Reuters President Joe Biden’s fundraising operation started showing cracks in its once formidable armor, almost 10 days after his disastrous presidential debate performance. Some of Biden’s campaign bundlers have stopped making calls…
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‘Get Britain building again’: New UK finance chief restores housing targets
Britain’s Chancellor of the Exchequer Rachel Reeves delivers a speech at the Treasury, to an audience of leading business figures and senior stakeholders, announcing the first steps the new Labour Government will take to deliver economic growth, in London on July 8, 2024. Jonathan Brady | Afp | Getty Images LONDON — Britain’s new finance…
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While much of Europe embraces hard-right parties, the UK has swung wildly to the left. Here’s why
Supporters wave the national flag of France during a campaign meeting of France’s far-right Rassemblement National (RN) party’s President and lead European Parliament election candidate Jordan Bardella and President of the French far-right Rassemblement National (RN) parliamentary group Marine Le Pen, ahead of the upcoming European Union (EU) parliamentary elections, in Henin-Beaumont, northern France, on…
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Nigel Farage’s right-wing Reform UK party shocks with significant gains expected
Reform Party leader Nigel Farage poses in a boxing ring on July 3, 2024 in Clacton-on-Sea, England. Dan Kitwood | Getty Images News | Getty Images One of the biggest surprises of Britain’s election night so far has been the gains seen by the right-wing Reform UK party, which is forecast to win numerous parliamentary…
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This couple lives in a vintage 940-square-foot trailer by the beach for $5,100 a month: It’s ‘the California dream’
When my husband Brian first told me he’s from Laguna Beach, it took everything in me to play it cool. “Oh, is that near Los Angeles?” I asked. Like most elder millennials, I knew exactly where Laguna Beach was. I’d seen every episode of the reality show (I was an LC with a Kristin haircut)…
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Biden made it easier for student loan borrowers in bankruptcy. This woman, who thought it was a joke, got $158,182 cleared
US President Joe Biden gestures after speaking about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024. Andrew Caballero-Reynolds | AFP | Getty Images Mishima Hughson filed for bankruptcy in December, joining the ranks of hundreds of thousands of Americans who undergo the process each year. Along the way,…
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Big Oil given stark warning as peak crude and a major supply surplus expected by 2030
Aerial view taken on May 20, 2024 shows the Olmeca oil refinery belonging to the company Petroleos Mexicanos (PEMEX), which along with six others is part of the National Refining System (SNR) located in Paraiso, Tabasco state, Mexico. Yuri Cortez | Afp | Getty Images The International Energy Agency said on Wednesday that a U.S.-led…
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Toyota lost over $15 billion in market value last week after being caught falsifying tests
Toyota Motor Corporation Board Chairman Akio Toyoda bows during a press conference in Tokyo on June 3, 2024. Toyota said on June 3 it had suspended domestic shipments of three car models after falling foul of government certification rules along with its Japanese rivals Honda, Mazda, Suzuki and Yamaha. Yuichi Yamazaki | Afp | Getty…