Politics

U.S. Secretary of Energy Jennifer Granholm in an interview to Reuters: US would cede electric vehicle market to China without new tariffs

Apple (NASDAQ: AAPL) Held Talks With China Mobile to Bring Apple TV+ to China - The Information

• Apple held talks over 2023 to launch Apple TV+ in China in partnership with China Mobile.
• If successful, the deal would make Apple TV+ the only U.S. streaming service to be available in China.
• The current status of the talks is unknown.

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...)

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...)

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...)