Politics

According to BCA Research analysts, President Joe Biden has largely exhausted his political capital. The firm states that any significant negative developments from this point "could destroy his presidency."

Despite managing some successes, such as negotiating bipartisan budget deals and the Fed achieving a soft landing, BCA says Biden's administration is struggling with weak popular support.

"We slightly favor the Biden administration for reelection (55% odds), but we... (continue reading...)

If Donald Trump returns to the presidency, Nomura analysts expect significant shifts in economic policy, particularly focusing on tariffs and tax policy.

The firm believes a second Trump term would likely emphasize extending the expiring provisions of the 2017 Tax Cuts and Jobs Act (TCJA) and implementing new tariffs.

One notable change, according to Nomura, would be in Federal Reserve leadership, although Trump's ability to directly influence monetary policy would remain... (continue reading...)

Donald Trump guilty verdict on charges of falsifying business documents is unlikely to affect his presidential campaign significantly, according to strategists at Capitol Economics.

This is because the resilience Trump has demonstrated in the past, notably surviving two impeachment attempts, indicates that this legal setback may not derail his political aspirations, the strategists said.

"Trump isn’t going to prison for covering up a hush money payment that,... (continue reading...)

By Jason Lange

WASHINGTON (Reuters) -Ten percent of Republican registered voters say they are less likely to vote for Donald Trump following his felony conviction for falsifying business records to cover up a hush money payment to a porn star, according to a Reuters/Ipsos poll that closed on Friday.

The two-day poll, conducted in the hours after the Republican presidential candidate's conviction by a Manhattan jury on Thursday, also found... (continue reading...)

NEW YORK (Reuters) - Donald Trump, who became the first U.S. president convicted of a crime after a jury found him guilty of falsifying business records, said on Friday he would appeal the verdict.

"We're going to be appealing this scam," Trump told a crowd of reporters and supporters at Trump Tower in New York, a day after his historic conviction on criminal charges.

(Reporting by Helen Coster; editing by Rami Ayyub)