WASHINGTON — Former President Donald Trump is facing a cash crunch as he tries to defend himself in court, lock down the Republican nomination and turn toward a general election rematch with an increasingly money-flush President Joe Biden. Campaign finance records filed Wednesday show the main super PAC supporting Trump’s campaign, MAGA Inc., spent more […]
Tag: Looms
Trump targets New York judge, AG as civil fraud case verdict looms
Former President Trump targeted the judge and New York attorney general in a series of social media posts on Sunday as he awaits the verdict of his civil fraud case that could bar him from ever doing business in the state again. Trump, in his posts, reiterated his defenses in the case, saying the New […]
ANC Lags Main Rival in Donation Drive as South Africa Vote Looms
(Bloomberg) — The Democratic Alliance, South Africa’s main opposition party, secured more large donations than the ruling African National Congress and its other rivals in the lead-up to this year’s national elections, bolstering its campaign. Most Read from Bloomberg The DA raised 161.6 million rand ($8.6 million) between April 1, 2021, and Sept. 30 last […]
Investors temper US rate cut bets as Fed meeting looms
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A strong U.S. economy and pushback from central bank officials is leading some investors to rethink their bets on how quickly the Federal Reserve will cut rates this year, a shift that is rippling through Treasury and foreign exchange markets even as stocks sit near record highs. […]
GOP lawmakers approve a ‘flat’ income tax for Kansas, but a governor’s veto looms
TOPEKA, Kan. (AP) — Republican lawmakers in Kansas on Thursday passed a broad package of tax cuts promoted as widespread relief that the Democratic governor is likely to veto because she says it favors the wealthy and threatens the state’s budget in the future. The opposing viewpoints kept the two sides locked in a political […]
Trump looms large in Iowa
By Tim Reid and Nathan Layne DES MOINES, Iowa (Reuters) – Inside a packed cafe in Iowa’s capital Des Moines, Dave Brommel says he has been thinking about Monday night’s Iowa caucuses ever since Democratic President Joe Biden won the 2020 election. Brommel, a retired U.S. Air Force veteran, blames Biden for the high costs […]
The John McCain trap looms for Nikki Haley in New Hampshire
The prohibitive favorite to win the Republican presidential nomination looks to be on the verge of victory in Iowa and leads by wide margins in national polls and in other key states — except for one: New Hampshire, where one challenger has been gaining steam in recent polls, raising the possibility the Granite State may […]
California Democrat pushes wealth tax as $68 billion deficit looms. Why it’s getting attention
A California Democrat is renewing his efforts to tax wealthy residents’ net worth as a potential solution to closing the state’s $68 billion spending gap. And Democratic Assembly Speaker Robert Rivas’ new approach to running bills through legislative committees means the proposal will get a hearing. The bill from Assemblyman Alex Lee, D-San Jose, will […]
Strike still looms at Cal Poly after CSU cancels bargaining sessions with faculty union
The California State University system has canceled all future bargaining sessions in the current contract negotiations with the California Faculty Association, according to the union, meaning the possibility of a strike at Cal Poly and other campuses continues to loom later this month. CSU Monterey Bay history lecturer and CFA Bargaining Committee member Meghan O’Donnell […]
From Lebanon to the Red Sea, a Broader Conflict With Iran Looms
BERLIN — U.S. President Joe Biden and his top national security aides believed last summer that the chances of conflict with Iran and its proxies were well contained. After secret talks, they had just concluded a deal that led to the release of five imprisoned Americans in return for $6 billion in frozen Iranian funds […]
Dollar holds ground as US inflation data looms
By Rae Wee SINGAPORE (Reuters) – The dollar was steady on Monday ahead of a key U.S. inflation report later in the week for further clarity on the Federal Reserve’s monetary policy outlook, after markets got off to a hesitant start to the year as rate cut bets were pared. The yen struggled near the […]
Trump’s shadow already looms over California climate rules
SACRAMENTO — California is rushing to implement a sweeping array of climate change policies before a potential second Donald Trump presidency. But the state is running into a growing backlog of federal approvals for its nation-leading clean air rules. California’s new rule requiring trucking companies to buy increasing numbers of zero-emission vehicles was supposed to […]