Harris, Trump Ride Debate Buzz Into Campaign's Final Sprint

Newsletter Sep 12, 2024

Quick Six

Harris, Trump ride debate buzz into campaign's final sprint
Kamala Harris and Donald Trump set out Wednesday to ride the momentum from their high-stakes debate into the final sprint to November as they seek to persuade undecided voters and shake up a presidential election locked in a dead heat. The Democratic vice president and her Republican rival are neck-and-neck in both nationwide and swing state polling, days before first ballots are mailed out and early in-person voting begins in several key states. Both candidates declared victory in the debate although any change in support is unlikely to show up in polling for several days.
TRUMP CLAIMS THE DEBATE WAS RIGGED AGAINST HIM

US consumer inflation hits 2.5%, sets stage for Fed rate cut
US consumer inflation eased more than expected last month, according to government data published Wednesday, bolstering expectations that the Federal Reserve will cut interest rates next week. A rate cut by the independent US central bank would act to boost demand in the world's largest economy. That would give the Democratic party some good economic news to run on going into the final stretch of the 2024 presidential elections. The consumer price index (CPI) slowed to 2.5 percent in August from a year ago.
HOW THE FINAL NUMBERS WILL IMPACT THE ECONOMY

Social Security cost-of-living raise likely lowest since 2021
Social Security recipients will likely see the smallest cost-of-living increase in the last four years after the release of government data shows inflationary pressures are cooling. The consumer price index (CPI) increased 2.5% year on year, although some sectors remain elevated. If the 2.5% is the final figure determined to increase Social Security checks in 2025, it would mark the lowest increase relative to the past three inflation-filled years.
SEE WHY SOCIAL SECURITY IS FACING HIKE IN MEDICARE

TME Education

TME Education is a programme that aims to promote and popularize electronics and technology-related knowledge around the world, especially in regions, where the access to proper training is limited. The initiative was launched by Transfer Multisort Elektronik, one of the leading global distributors of electronic components, located in Poland.

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Markets

DJIA	40,861.71	0.31%
S&P 500	5,554.13	1.07%
Nasdaq Composite	17,395.53	2.17%
Japan: Nikkei 225	35,619.77	-1.49%
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* As of market close

Hurricane Francine hits, threatens energy

Hurricane Francine barreled into Louisiana on Wednesday night amid life-threatening flooding and storm surge as residents of the state rushed to board up businesses and stockpile emergency supplies. The Category 2 storm was packing sustained winds of 100 miles per hour and could bring up to 10 feet of storm surge and 12 inches of rain in some parts of Louisiana. Flooding, rain and winds could already be seen Wednesday afternoon in some towns along the state's Gulf coast.

SEE HOW THE STORM IS IMPACTING OIL AND GAS PRODUCTION

Haiti slams Trump for pet-eating comment

Haiti's government condemned "discriminatory remarks" made by US presidential candidate Donald Trump and other Republicans, who spouted debunked claims that Haitian migrants were eating pet cats and dogs in the state of Ohio. Several Republicans this week circulated claims that Haitian migrants were eating pets of residents in Ohio -- accusations that the city's manager said had no basis in fact. On Tuesday, Trump repeated the claims in his televised presidential debate.

HAITI'S REACTION TO THE REPUBLICAN RUMOR ABOUT PETS

Taylor Swift throws support to Harris-Walz

Taylor Swift endorsed Kamala Harris for president after the global megastar broke her silence on the state of politics Tuesday. She voiced her support for Harris over Donald Trump for the White House, and calling the Democratic candidate a "steady-handed, gifted leader." She signed off her Instagram post by dubbing herself a "childless cat lady," a swipe at a much-mocked sentiment expressed by Republican vice presidential candidate JD Vance to insult Democratic women.

SWIFT'S STRONG COMMENTS ABOUT TRUMP-VANCE TICKET

Extra point

What act/artist had the most career singles reach No. 1 on the charts?

Wednesday's answer: Sorry, Atari fans, but the fist home video gaming system was Magnavox's Odyssey in 1972, three years before Atari.

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