Hedge against political cycles is better investment than AI: Van Eck

Hedge against political cycles is better investment than AI: Van Eck

A major exchange-traded fund and mutual fund manager finds the winning gold trade isn’t talked about as much as the artificial intelligence trade — but maybe it should be. VanEck CEO Jan van Eck thinks the best investment this year is “the hedge against political cycles.” To him, that means investing in gold.  “It is quietly … Read more

Trump’s Springfield claims ‘dilute’ GOP border message, Ohio Gov says

Trump’s Springfield claims ‘dilute’ GOP border message, Ohio Gov says

A mural is displayed in an alley downtown on September 16, 2024 in Springfield, Ohio.  Luke Sharrett | Getty Images Former President Donald Trump and running mate JD Vance’s unfounded claims about Haitian immigrants in Springfield, Ohio weaken the Republican Party’s border message, Ohio Governor Mike DeWine wrote in an op-ed published Friday. “The Biden … Read more

Neither Trump nor Harris secures union backing

Neither Trump nor Harris secures union backing

The International Brotherhood of Teamsters on Wednesday announced it will not formally endorse a candidate in the 2024 presidential election, ending months of speculation about whether the labor union would back Republican Donald Trump or Democrat Kamala Harris. The union’s general executive board said in a statement that its member polling showed no majority support … Read more

Trump Media shares sink 6% days before lockup restrictions lift

Trump Media shares sink 6% days before lockup restrictions lift

Sopa Images | Lightrocket | Getty Images Shares of Trump Media closed down 6.6% on Tuesday, ending the day at $16.14 a share. The dip came just 48 hours before “lockup” restrictions that have so far barred the company’s majority shareholder, Donald Trump, and other insiders from selling their stakes, are set to expire. Until … Read more

‘At least 33’ bomb threats prompt daily school sweeps

‘At least 33’ bomb threats prompt daily school sweeps

People watch as Springfield Police Department officers investigate the Springfield City Hall after bomb threats were made against buildings earlier in the day in Springfield, Ohio, on Sept. 12, 2024. Roberto Schmidt | AFP | Getty Images Ohio state police will conduct daily sweeps of schools in Springfield after authorities have been forced to investigate … Read more

Shares slip after second Trump assassination attempt

Shares slip after second Trump assassination attempt

Jakub Porzycki | Nurphoto | Getty Images Shares of Trump Media slid on Monday, one day after Donald Trump — the company’s majority shareholder — was unharmed in an apparent assassination attempt on a Florida golf course. The stock, which trades under the ticker “DJT,” opened slightly up before sinking more than 4% by mid-morning. … Read more

DJT hits new lows as Trump claims he won Harris debate

DJT hits new lows as Trump claims he won Harris debate

Sopa Images | Lightrocket | Getty Images Shares of Trump Media continued to sink on Thursday, closing at a fresh low, following Tuesday’s presidential debate between its majority shareholder, former President Donald Trump and Democratic Vice President Kamala Harris. The stock fell 3.6% over the day and closed at $16.07 per share — its lowest … Read more

RFK Jr. off ballots in North Carolina, Michigan, appeals courts rule

RFK Jr. off ballots in North Carolina, Michigan, appeals courts rule

Former Republican presidential candidate Robert F. Kennedy Jr. and Republican presidential nominee, former U.S. President Donald Trump shake hands during a campaign rally at Desert Diamond Arena on August 23, 2024 in Glendale, Arizona. Rebecca Noble | Getty Images Former independent presidential candidate Robert F. Kennedy Jr. will not appear on ballots in North Carolina … Read more

RFK Jr. to stay on Wisconsin ballot after endorsing Trump

RFK Jr. to stay on Wisconsin ballot after endorsing Trump

Independent presidential candidate Robert F. Kennedy Jr. makes an announcement on the future of his campaign in Phoenix, Arizona, U.S. August 23, 2024.  Thomas Machowicz | Reuters The Wisconsin Elections Commission on Tuesday voted to keep Robert F. Kennedy Jr. on the state’s November presidential ballot, thwarting the former third-party candidate’s plan to remove his … Read more

CNBC Daily Open: A ‘crazy’ summer

CNBC Daily Open: A ‘crazy’ summer

Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more