12:26
Trump nominates Bessent to be US treasury secretary
President-elect Donald Trump picked prominent investor Scott Bessent to take on the role of U.S. treasury secretary.
Harris raised $1 billion since launching presidential campaign
Reuters
Vice President Kamala Harris' presidential campaign and associated political committees have raised $1 billion since she became the Democratic candidate in July.
Vice President Kamala Harris' presidential campaign and its associated political committees raised $1 billion since she became the Democratic nominee in July.
Following her assumption of the candidacy on July 21, contributions to her campaign and affiliated political action committees surged at an extraordinary rate. On the very day she was named the candidate, Harris brought in $25 million and quickly accumulated $500 million within just a month.
In comparison, former President Donald Trump and the Republican Party secured $130 million in August, ending that month with $295 million in cash reserves. Meanwhile, Harris and the Democrats reported a total of $404 million in funds available.
Despite the significant fundraising efforts, recent polling from Reuters/Ipsos indicates that Harris' lead over Trump has narrowed nationally, making the race highly competitive in various key states.
The surge of donations reflects the heightened enthusiasm among supporters as the November 5 election approaches, with funds earmarked for advertising, operational activities in pivotal states, and staffing.
09:36
'Bring down the temperature,' Biden urges Americans after Trump's US election win
"A defeat does not mean we're defeated," US President Joe Biden told disappointed Democrats after Donald Trump's election win. He urged Americans to "bring down the temperature."
14:34
Mexico's Sheinbaum asks Trump for dialogue, respect for sovereignty after victory
Mexican President Claudia Sheinbaum congratulated Donald Trump on his election victory, calling for dialogue and respect for sovereignty. She expressed confidence in strong U.S.-Mexico relations and reassured the public despite market instability.
13:54
Musk's ties to Trump will reverberate through Tesla, other interests
Elon Musk stands to gain from his ties to President-elect Trump, with Tesla shares surging post-election. Trump's policies, including deregulation and tariffs on Chinese imports, could benefit Musk’s businesses, including Tesla and SpaceX.
13:06
Under Trump, a unified Congress could push through tax and spending cuts
Trump's Republicans are set to gain control of Congress, pushing an agenda of tax cuts, border security, and deregulation. However, their plan could add trillions to the national debt, challenging their goal of reducing the $35 trillion deficit.
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