More from Emma Stoltzfus
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Fed Chair Jerome Powell has one word to say to reports Trump wants him gone
Federal Reserve Chair Jerome Powell is standing his ground. In as few words as possible, a defiant Powell made clear he’s not budging from his chair when President-elect Donald Trump is back in office. “No,” is all Powell said when asked a reporter asked if he would resign if Trump asked him to leave. His… -
Does Trump have to sell his DJT stake? We asked a White House ethics lawyer
As President-elect Donald Trump prepares for his next four years in the White House, he has a new potential business conflict that didn’t exist during his first term: Trump Media and Technology Group. Back in 2017, his real estate empire was the biggest focus of ethics experts. But now he’s billions of dollars richer from… -
Stock market soars to records on Trump election victory
The Trump trade is back on and bigger than ever. The stock market surged to record highs Wednesday morning, Nov. 6, on news former President Donald Trump is now president-elect. The Dow Jones soared up 1,300 points, around 3%, to start the day. Trump Media, which trades like a meme stock on Trump’s political momentum,… -
Paid sick leave passes in 3 red states during election
While paid sick days might be considered a more progressive concept, voters in three red states are on board. Paid sick leave was on the ballots in Missouri, Nebraska and Alaska on Tuesday, Nov. 5. The measure passed in Missouri with 58% voting in favor. It requires companies to give employees one hour of paid sick… -
Voting hours extended after ballot scanner issue in Pennsylvania county
Technical issues with ballot scanners caused significant delays at polling places in Cambria County, Pennsylvania, a key swing state in this election. As a result, a judge has extended voting hours, with polls now set to close at 10 p.m. EST instead of the usual 8 p.m. The county’s elections board filed an emergency petition… -
The average home buyer is 56 years old as first-time buyers fall to historic lows
First-time home buyers make up the smallest portion of home purchases since the National Association of Realtors (NAR) started tracking the statistic in 1981. At the same time, the age of buyers is on the rise. First-time buyers dropped to 24% between July 2023 and June 2024. That’s down from 32% a year earlier, according… -
Texas sues DOJ over federal election monitors in 8 counties
Texas has sued the U.S. Justice Department seeking to block federal election monitors from observing the polls in eight counties. The lawsuit comes after the DOJ announced on Nov. 1 it would send federal election monitors to 27 states, including Texas. DOJ officials said federal poll monitors would go to eight Texas counties on Election… -
Why investors think a Kamala Harris victory leads to a weaker dollar
The U.S. dollar fell Tuesday, Nov. 5, as voters headed to the polls and investors hedged for a potential Kamala Harris victory. Investors think the dollar would weaken in a Harris economy and strengthen in a Donald Trump-led economy. In October, the dollar swelled on odds that former President Trump would win the presidency. But… -
Warren Buffett keeps selling Apple stock to hoard cash. But why?
Warren Buffett’s Berkshire Hathaway has been unloading a huge portion of its Apple holdings over the last nine months. The conglomerate’s cash on hand has skyrocketed as it sells off shares of one of the world’s most valuable companies. Berkshire offloaded roughly 25% of its Apple stock in the third quarter, according to its latest… -
Markets are more uncertain about Trump victory in final days
Ahead of the Tuesday, Nov. 5, presidential election, the word of the week is “uncertainty.” Polls predict drastically different outcomes, like the Des Moines Register poll that has Vice President Kamala Harris leading in the deep-red state of Iowa. “This race is filled with uncertainty today,” political strategist David Axelrod said. And that uncertainty is… -
More than 200 now confirmed dead in Spain after devastating rainfall
Spain is dealing with its deadliest natural disaster in decades. More than 200 people are now confirmed dead and dozens more were reported missing after massive flooding in the Valencia area. Officials said the death toll is expected to rise as workers were fighting to rescue those who were trapped. Crews were having trouble accessing… -
Former California supervisor pleads guilty to COVID-19 bribery scheme
A recently resigned Orange County supervisor in California has pleaded guilty to conspiracy to commit bribery in a COVID relief funds misuse scheme. Former supervisor Andrew Do resigned shortly after his plea, as part of plea agreement. According to the U.S. Attorney’s Office, Do agreed to a plea agreement with federal authorities. In his plea,… -
The best it gets? Boeing machinists union urges striking members to vote yes
It is time “to lock in these gains and confidently declare victory,” the Boeing machinist union told its striking members after Boeing’s latest contract offer. The deal on the table includes 38% pay raises over four years, just shy of the 40% union members demanded and much higher than the 25% the company started negotiations…