Island Pharmaceuticals Stock (OTC: ILPLF)

Latest news for Island Pharmaceuticals (OTC:ILPLF) Stock

Island Pharmaceuticals Ltd is a drug research and repurposing company focused on developing preventative or therapeutic drugs for viral infections. Its drug candidate ISLA-101 is a drug with a well-established safety profile, being repurposed for the prevention and treatment of dengue fever and another mosquito (or vector) borne diseases. The company carries out its research and development activities principally in the geographic regions of Australia and the United States of America.

ISLAND PHARMACUTICALS LTD by ISLAND PHARMACEUTICALS LTD.

Island Pharmaceuticals Ltd

The past week has been a whirlwind of political developments following President Joe Biden&#8217;s decision to withdraw from the 2024 race causing a stir. The majority of Americans seem to approve of this decision. Meanwhile, speculation is rife about former President Donald Trump&#8217;s potential running mate, as Vice President Kamala Harris gains momentum.
North Korea&#8217;s dismissal of Trump&#8217;s claims of friendship and Nikki Haley&#8217;s endorsement of Trump over Harris have added fuel to election drama. Let&#8217;s delve into these stories in more detail.
Trump Vs. Harris: Public Opinion Post-Biden&#8217;s Exit
Following President Biden&#8217;s decision to withdraw from the 2024 race, a snap poll revealed that 71% of Americans either strongly or somewhat approved of his decision. The poll, conducted by YouGov, surveyed 2,048 adults shortly after Biden&#8217;s announcement.&nbsp;
<a href="https://www.benzinga.com/news/24/07/39878848/trump-vs-harris-first-poll-after-bidens-exit-shows-majority-approve-of-decision-but-heres-how-it-mig">Read the full article here.</a>
Trump&#8217;s Potential Running Mate: A Disruptive Change?
As Vice President Harris gains momentum, questions are being raised about whether Trump might replace Sen. J.D. Vance (R-Ohio) as his vice presidential candidate. Despite Trump&#8217;s continued support for Vance, the possibility of a replacement is being discussed, which experts warn could be &#8220;extraordinarily disruptive.&#8221;
<a href="https://www.benzinga.com/news/24/07/39979544/can-trump-replace-jd-vance-amid-kamala-harris-picking-pace-experts-warn-that-could-be-extraordinaril">Read the full article here.</a>
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/07/39924772/democratic-mega-donors-predict-kamala-harris-to-pick-vp-among-these-3-lawmakers-as-presidential-race?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Democratic Mega Donors Predict Kamala Harris To Pick VP Among These 3 Lawmakers As Presidential Race Against Trump Heats Up</a>
North Korea&#8217;s Response to Trump&#8217;s Friendship Claims
North Korea has dismissed Trump&#8217;s claims about his amicable relationship with leader Kim Jong Un, stating that they &#8220;do not care&#8221; about his words. This is the first response from North Korea following Trump's address at the Republican National Convention.
<a href="https://www.benzinga.com/news/24/07/39925959/kim-jong-un-rejects-donald-trumps-friendship-claims-north-korea-says-we-do-not-care-expresses-nuclea">Read the full article here.</a>
Nikki Haley&#8217;s Endorsement of Trump Over Harris
Nikki Haley, the former Governor of South Carolina, has voiced her support for Trump over Harris in the upcoming November election. She praised the Democrats for putting in a younger candidate but criticized Harris for her track record on illegal immigration.
<a href="https://www.benzinga.com/news/24/07/39975168/nikki-haley-says-democrats-are-very-smart-to-put-in-a-younger-candidate-against-trump-but-kamala-har">Read the full article here.</a>
Trump&#8217;s Complaint Against Harris&#8217;s Campaign
Trump&#8217;s campaign has filed a complaint with the Federal Election Commission against Harris&#8217;s campaign, accusing it of improperly acquiring funds from Biden&#8217;s campaign. The complaint alleges a $91.5 million heist and a &#8220;brazen money grab.&#8221;
<a href="https://www.benzinga.com/news/24/07/39922045/trump-campaign-files-election-commission-complaint-against-kamala-harris-accuses-vps-campaign-of-91">Read the full article here.</a>
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39957078/trump-vs-harris-new-poll-shows-close-race-but-vice-president-could-benefit-from-dramatic-shifts-amon?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Vs. Harris: New Poll Shows Close Race, But Vice President Could Benefit From ‘Dramatic Shifts' Among These Key Voter Groups</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/ananya-gairola" target="_blank" rel="noreferrer noopener">Ananya Gairola</a>
Image Via Shutterstock

News

Politics

Media

From Trump Vs. Harris Poll To Kim Jong Un Dismissing Ex-President's Friendship Claims And More: This Week In Politics

This week has been a rollercoaster ride for the financial world. From warnings of a potential market crash to a surge in small-cap stocks, the market has seen it all.
The U.S. economy showed impressive strength, while predictions of soaring Bitcoin, gold, and silver prices added to the intrigue. Amidst all this, allegations of Treasury securities manipulation were strongly refuted.
Market Alarms And Federal Reserve Warnings
Economist&nbsp;Peter Schiff&nbsp;raised concerns about a potential market crash, highlighting the current market sell-off, the rise of safe-haven currencies, and the fall of commodity currencies. He warned that the &#8220;Markets are sounding an alarm,&#8221; suggesting that the Federal Reserve should cut rates before a recession hits.
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39951461/markets-are-sounding-an-alarm-peter-schiff-warns-federal-reserve-should-cut-rates-b">Read the full article here.</a>
Small Cap Stocks See Major Investments
Investors have shown increasing bullishness on small-cap stocks, pouring over $6 billion into the Russell 2000 ETF this month. This is driven by optimistic projections for the interest-rate-sensitive segment of the market to thrive as the Federal Reserve rate-cut cycle approaches.
<a href="https://www.benzinga.com/markets/equities/24/07/39970069/investors-go-all-in-on-small-caps-pour-over-6-billion-into-russell-2000-etf-this-month-they-will">Read the full article here.</a>
See Also:&nbsp;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39905739/veteran-wall-street-investor-downplays-recession-odds-current-bull-market-has-more-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Veteran Wall Street Investor Downplays Recession Odds: ‘Current Bull Market Has More Support From Earnings'</a>
Impressive U.S. GDP Growth
Chris Zaccarelli, chief investment officer for Independent Advisor Alliance, stated that the U.S. economy is much stronger than people realize. He suggested that markets &#8220;should breathe a sigh of relief&#8221; after the recent GDP number, indicating a 2.8% growth in the economy above and beyond inflation.
<a href="https://www.benzinga.com/government/24/07/39962595/markets-should-breathe-a-sigh-of-relief-economist-says-new-gdp-report-is-very-impressive">Read the full article here.</a>
Bitcoin, Gold, And Silver Predictions
Robert Kiyosaki, the author of &#8220;Rich Dad Poor Dad,&#8221; predicted a significant surge in the prices of Bitcoin, gold, and silver if former President Donald Trump wins the 2024 election. He suggested that a Trump presidency would lead to a weaker dollar, boosting exports and job creation, and consequently driving up the prices of these assets.
<a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39900472/rich-dad-poor-dad-author-robert-kiyosaki-predicts-bitcoin-gold-and-silver-prices-will-soar">Read the full article here.</a>
Janet Yellen Refutes Treasury Manipulation Claims
U.S. Treasury Secretary&nbsp;Janet Yellen&nbsp;strongly refuted allegations of manipulating the issuance of Treasury securities. These accusations were made by economist Nouriel Roubini, who suggested that such manipulation was aimed at reducing real borrowing costs across the economy.
<a href="https://www.benzinga.com/news/24/07/39997008/janet-yellen-rejects-economist-roubinis-and-trump-era-officials-claims-of-manipulation-in-treasuries">Read the full article here.</a>
Read Now:
<ul>
<li><a href="https://www.benzinga.com/government/24/07/39867425/contrarian-analyst-turns-to-bonds-ahead-of-fed-rate-cuts-presidential-election-maybe-tariffs-deflati" target="_blank" rel="noreferrer noopener">Contrarian Analyst Turns To Bonds Ahead Of Fed Rate Cuts, Presidential Election: ‘Maybe Tariffs Deflationary Not Inflationary'</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/ananya-gairola" target="_blank" rel="noreferrer noopener">Ananya Gairola</a>
Image generated using AI via Midjourney

Economics

Markets

Peter Schiff Warns Of Potential Market Crash, Small Cap Stocks See Major Investments And More: This Week In Economics

The past week was a whirlwind for Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), with news ranging from product discontinuation to market share shifts, AI regulation support, and a public spat with a tech giant. Here&#8217;s a quick rundown of the top stories that kept the tech giant in the headlines.
Apple To Discontinue iPhone 17 Plus for Ultraslim Version
According to a report by Ming-Chi Kuo, a renowned analyst at TF Securities, Apple plans to phase out the iPhone 17 Plus model, which currently accounts for only 5-10% of total new iPhone shipments. In its place, the company intends to introduce an ultra-slim variant in the second half of 2025. Kuo believes that the Plus model has become redundant due to the comprehensive coverage of high-end market segments by the standard, Pro, and Pro Max models. <a href="https://www.benzinga.com/news/24/07/39951687/apple-to-discontinue-iphone-17-plus-in-favor-of-an-ultraslim-version-says-prominent-tipster">Read the full article here.</a>
Apple&#8217;s Market Share Drops in China
Apple&#8217;s market share in China has dropped to 14% in Q2 2024, a decrease of two percentage points from the same period last year, according to data from Canalys. The iPhone maker fell from third place to sixth in the country, while Huawei Technologies saw a significant surge in smartphone shipments, with a 41% year-on-year increase in the same quarter. This surge is largely attributed to the launch of Huawei&#8217;s new Pura 70 series in April. <a href="https://www.benzinga.com/markets/equities/24/07/39954971/apple-drops-from-3rd-to-6th-in-china-amid-intensifying-competition-huawei-shipments-surge-41-in-">Read the full article here.</a>
See Also: <a href="https://www.benzinga.com/news/24/07/39997056/top-analyst-says-openais-ai-powered-search-engine-likely-isnt-a-threat-to-google-its-hard-to-see-why">Top Analyst Says OpenAI&#8217;s AI-Powered Search Engine Likely Isn&#8217;t A Threat To Google</a>
Apple Pledges Support for Biden&#8217;s AI Regulations
Along with other industry giants such as OpenAI Inc., Amazon.com, Alphabet Inc., Meta Platforms Inc., and Microsoft Corp., Apple has committed to the voluntary artificial intelligence (AI) safeguards set by President Joe Biden&#8217;s administration. The tech giant has pledged to test their AI systems for potential discriminatory tendencies, security flaws, or national security risks. This commitment comes amid controversy stirred by Tesla Inc. CEO Elon Musk over Apple&#8217;s plan to integrate OpenAI's chatbot application, ChatGPT, into its voice-command assistant on iPhones. <a href="https://www.benzinga.com/news/24/07/39984404/apple-joins-meta-and-google-pledges-support-for-bidens-ai-regulations">Read the full article here.</a>
Apple to Integrate A18 Chip for AI Features
Apple is reportedly planning to integrate its A18 chip into its upcoming entry-level iPhones and iPads to enable them to run Apple Intelligence, the company&#8217;s suite of AI features. This news follows speculations surrounding the specifications of the upcoming fourth-generation iPhone SE, which is likely to be powered by the A18 chip, the same chip anticipated to power the entire iPhone 16 lineup. <a href="https://www.benzinga.com/news/24/07/39904665/apple-plans-a18-chip-integration-to-bring-ai-features-to-iphone-16-its-entry-level-variants-and-ipad">Read the full article here.</a>
Zuckerberg Criticizes Apple&#8217;s &#8220;Soul-Crushing&#8221; Tactics
Meta Platforms, Inc. CEO Mark Zuckerberg criticized Apple in an interview on Tuesday, expressing his desire to avoid the iPhone maker's "soul-crushing" tactics by releasing the largest open-source AI model ever. Zuckerberg expressed his aspiration to steer his own technological "destiny" and evade the "soul-crushing" strategies of Apple. <a href="https://www.benzinga.com/news/24/07/39926076/mark-zuckerberg-slams-tim-cooks-apple-after-cupertino-reportedly-rejected-its-iphone-ai-partnership">Read the full article here.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39902838/broadcom-to-challenge-nvidia-dominance-analyst-says-jensen-huang-led-chip-giants-competitor-is-catch?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Broadcom To Challenge Nvidia Dominance? Analyst Says Jensen Huang-Led Chip Giant&#8217;s Competitor Is &#8216;Catching Up&#8217;</a></li>
</ul>
Photo courtesy: Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>

Tech

General

AAPL

Apple's Market Share Drops In China, A18 Chip Integration To Bring AI Features To iPhone 16 And More: This Week In Appleverse

The past week was filled with exciting developments in the tech world, particularly in the realm of artificial intelligence (AI). From Elon Musk unveiling his ambitious AI plans to Mark Zuckerberg taking a swipe at Apple, and Taiwan announcing a massive economic reform, the week was anything but dull. Let&#8217;s dive into the details.
Musk&#8217;s AI Power Play 
Elon Musk, CEO of Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), announced the timeline for the chatbot models of his AI company xAI. Musk revealed that Grok 2, one of the models, has completed its training and is currently in the bug-fixing stage, with an official release planned for next month. <a href="https://www.benzinga.com/news/24/07/39897590/elon-musk-says-grok-3-should-be-the-most-powerful-ai-upon-its-release-gives-timeline-for-xai-models">Read the full article here.</a>
xAI&#8217;s Supercluster Launch
Musk&#8217;s AI startup xAI, in collaboration with Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), successfully initiated the training of the Memphis Supercluster, a powerful AI training cluster, with 100,000 Nvidia H100 GPUs. Musk took to Twitter to express his admiration for the teams involved in the launch. <a href="https://www.benzinga.com/news/24/07/39881748/elon-musks-xai-flips-the-switch-on-100k-nvidia-h100-gpus-worth-up-to-4b-in-memphis-supercluster-most">Read the full article here.</a>
See Also: <a href="https://www.benzinga.com/news/24/07/39901629/elon-musk-says-google-co-founder-and-one-of-his-best-friends-larry-page-thought-eventually-we-will-a?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Says Google Co-Founder And One Of His &#8216;Best Friends&#8217; Larry Page Thought Eventually We Will All &#8216;Upload Our Minds To The Computer&#8217;</a>
Zuckerberg&#8217;s Apple Critique 
Mark Zuckerberg, CEO of Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), criticized Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) in an interview, expressing his desire to avoid Apple&#8217;s &#8220;soul-crushing&#8221; tactics by releasing the largest open-source AI model ever. <a href="https://www.benzinga.com/news/24/07/39926076/mark-zuckerberg-slams-tim-cooks-apple-after-cupertino-reportedly-rejected-its-iphone-ai-partnership">Read the full article here.</a>
Taiwan&#8217;s Economic Reform
Taiwan&#8217;s Premier Cho Jung-tai announced a sweeping economic and social reform plan, aiming to attract nearly $100 billion in investments. The reform plan focuses on energy, artificial intelligence, and infrastructure. <a href="https://www.benzinga.com/markets/asia/24/07/39950335/taiwan-unveils-100b-economic-reform-plan-after-trump-said-it-should-pay-us-for-defense-will-fuel-nvi">Read the full article here.</a>
Musk and Zuckerberg Agree
Musk publicly expressed his support for Zuckerberg&#8217;s views on the ongoing debate over open-source versus closed-source AI models. This came after a user on X, formerly Twitter, shared a comment from Meta CEO's blog post criticizing closed model providers for lobbying against open source. <a href="https://www.benzinga.com/news/24/07/39925842/elon-musk-agrees-with-arch-rival-mark-zuckerberg-after-meta-ceo-slams-closed-providers-like-openai-f">Read the full article here.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/23/04/31876729/elon-musk-proposes-plan-to-neutralize-rogue-ai-heres-what-he-told-tucker-carlson?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Proposes Plan To Neutralize Rogue AI</a></li>
</ul>
Photo by Andrea De Santis on Unsplash
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>

NVDA

TSLA

Elon Musk's AI Ambitions, Mark Zuckerberg's Apple Critique, And Taiwan's $100B Economic Reform: This Week In AI

Thousands of athletes around the world will compete for medals at the<a href="https://www.benzinga.com/topic/olympics"> 2024 Summer Olympics. </a>
Winning an Olympic medal can be a valuable experience for athletes as they can earn new endorsements and sponsorships based on their success. 
Some countries also pay athletes for winning medals during the Olympic Games. Olympic winners also receive a medal that has valuable metal material in it and has resale value years down the road.
Olympic Medal Payouts:&nbsp;The USA is <a href="https://www.benzinga.com/general/sports-betting/24/07/39989579/6-stocks-going-for-gold-during-2024-summer-olympics-biggest-event-in-company-history">favored to win </a>the most overall medals and gold medals at the 2024 Summer Olympics. The country has won the most medals at several recent consecutive Summer Olympics and has won the most gold medals in the past three Summer Olympics. 
Running July 26 through Aug. 11, coverage of the 2024 Summer Olympics will be done by Comcast Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>) in the United States across various channels and the Peacock streaming platform.
U.S. athletes that win 2024 Olympic medals are paid&nbsp;$37,500 for golds, $22,500 for silver and $15,000 for bronze, according to USA Today. 
Other countries like Malaysia, Morocco and Serbia pay $200,000 to their athletes for a gold medal win. At least nine countries pay $100,000 or more for each gold medal won to their athletes, USA Today reported. 
U.S. athletes that earn more than $1 million annually get the amounts they&#8217;re paid for winning medals taxed. Michael Phelps paid around $55,000 in taxes from his 2016 Olympic medal-winning payouts, according to<a href="https://twitter.com/JoePompliano/status/1418654958434594817" target="_blank" rel="noreferrer noopener">&nbsp;Joe Pompliano</a>.
Read Also: <a href="https://www.benzinga.com/general/sports-betting/24/07/39989579/6-stocks-going-for-gold-during-2024-summer-olympics-biggest-event-in-company-history">6 Stocks Going For Gold During 2024 Summer Olympics: &#8216;Biggest Event&#8217; in Company History</a>
Olympic Medal Value:&nbsp;The 2024 medals will be different from other games and <a href="https://www.nbcolympics.com/news/paris-olympic-medalists-take-home-actual-piece-eiffel-tower">contain </a>iron from the legendary Eiffel Tower that was removed during a previous renovation. 
Here are the current <a href="https://www.dailymetalprice.com/metalprices.php?c=fe&amp;u=kg&amp;d=1">values </a>of the metals inside the medals at the time of writing and their components:
<ul>
<li>Gold medal contains 505 grams of silver, 6 grams of gold and 18 grams of iron: $909.17</li>
<li>Silver medal contains 507 grams of silver and 18 grams of iron: $451.23 </li>
<li>Bronze medal contains 415.15 grams of copper, 21.85 grams of zinc and 18 grams of iron: $3.81 </li>
</ul>
The totals don&#8217;t count the historic value of the pieces from the Eiffel Tower. 
Of course, Olympic medals can be quite valuable later in resale at auction depending on the sport, athlete and year of the games.
Typical medal resale values&nbsp;<a href="https://www.usatoday.com/story/sports/olympics/2014/09/16/olympic-medals-auction-collectors/15736857/" target="_blank" rel="noreferrer noopener">are&nbsp;</a>$5,000 to $6,000 for bronze, $8,000 for silver and $10,000 for gold.
A Jesse Owens 1936 gold medal sold for $1.47 million in 2017 to billionaire Ron Burkle. Two &#8220;Miracle on Ice&#8221; 1980 gold medals sold for $310,700 and $262,900.
Before 1960, Olympic medals weren&#8217;t&nbsp;engraved for the sport or event, making them harder to track to a specific event or athlete.
An 1896 first place medal from the first modern Olympic Games <a href="https://apnews.com/article/2020-tokyo-olympics-lifestyle-sports-europe-sweden-olympic-team-81b60c74804c38f10956fe754bb531d8" target="_blank" rel="noreferrer noopener">sold </a>for $180,000 previously. The first Olympics featured only 250 athletes and awarded silver medals for first place, bronze for second and no third place medal.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/sports-betting/24/07/39973454/do-summer-olympics-and-gold-medals-matter-to-the-stock-market-the-results-may-surprise-you">Do Summer Olympics (And Gold Medals) Matter To The Stock Market? The Results May Surprise You</a></li>
</ul>
This article was previously published by Benzinga and has been updated.
Photo: Adwo/Shutterstock.com

Education

Sports

CMCSA

How Much Are Physical 2024 Olympic Gold Medal, Silver Medal And Bronze Medals Worth? The Answer Might Surprise You

The week was a whirlwind of cryptocurrency news, with big names like Elon Musk and Vice President Kamala Harris making headlines.
From Musk&#8217;s profile picture causing a meme coin surge to Harris&#8217; team seeking crypto advice from Mark Cuban, the crypto world was buzzing with activity. Here&#8217;s a quick recap of the top stories.
Musk&#8217;s Meme Coin Magic
A simple change in profile picture by the Tesla CEO led to a massive surge in the value of Dark Maga (CRYPTO: DMAGA), a politics-themed meme coin. The coin, featuring Donald Trump with laser eyes, saw a 4,300% increase in value within 24 hours of Musk&#8217;s profile picture change.
<a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39891699/elon-musk-puts-on-dark-maga-laser-eyes-turning-5k-into-1-8m-for-one-lucky-trader">Read the full article here.</a>
Harris&#8217; Crypto Consultation
Vice President Harris&#8217; advisors have reportedly been in discussions with billionaire and crypto enthusiast, Mark Cuban. This suggests a potential shift in the Democratic Party's perspective on digital assets, especially as Harris&#8217; presidential campaign is underway.
<a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39916724/vice-president-kamala-harris-team-contacted-mark-cuban-on-crypto-policy">Read the full article here.</a>
See Also:&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39955624/is-dogecoin-really-moving-according-to-plan-prominent-analyst-claims-i-havent-sold-one-sin?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Is Dogecoin Really Moving &#8216;According To Plan?&#8217; Prominent Analyst Claims: &#8216;I Haven&#8217;t Sold One Single DOGE, I&#8217;ve Just Been Buying&#8217;</a>
Lummis&#8217; Bitcoin Battle
Senator Cynthia Lummis (R-Wyo.) criticized the Joe Biden administration&#8217;s proposal to impose a 30% tax on Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) mining operations, calling it a &#8220;blatant attack&#8221; on innovation and American excellence. She outlined the potential adverse effects of such a tax in an &#8220;orange paper.&#8221;
<a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39923307/senator-cynthia-lummis-slams-biden-administrations-dangerous-scheme-to-impose-30-tax-on-bi">Read the full article here.</a>
Harris&#8217; Bitcoin Conference Snub
Vice President Harris will not be attending the upcoming Bitcoin 2024 conference, according to David Bailey, CEO of BTC Inc. This decision has sparked controversy within the cryptocurrency community, highlighting the complex relationship between the current administration and the digital asset industry.
<a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39938175/vice-president-harris-snubs-bitcoin-conference-would-have-been-a-disaster-for-her-shrugs-o">Read the full article here.</a>
Schiff&#8217;s Bitcoin Blast
Economist Peter Schiff criticized Bitcoin investors' expectations from Trump, of the cryptocurrency being designated as a strategic reserve asset, likening it to political vote-buying tactics. He equated this to President Biden's promise to forgive student loans to win votes.
<a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39948158/peter-schiff-compares-hopes-that-trump-declares-bitcoin-as-treasury-reserves-with-bidens-s">Read the full article here.</a>
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39934446/dogecoins-first-weekly-golden-cross-in-four-years-is-2-3-green-weeks-away?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Dogecoin&#8217;s First Weekly Golden Cross In Four Years Is &#8216;2-3 Green Weeks Away&#8217;</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/ananya-gairola" target="_blank" rel="noreferrer noopener">Ananya Gairola</a>
Image via Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

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Cynthia Lummis Slams Biden's 30% Bitcoin Mining Tax Proposal, Vice President Kamala Harris Snubs Bitcoin Conference And More: Top Crypto Updates This Week

Mary Trump says her uncle Donald Trump is &#8220;scared&#8221; to face Kamala Harris for the presidency because he is &#8220;afraid of getting beaten by a girl.&#8221;
What Happened: Mary Trump made the comments in a <a href="https://www.youtube.com/watch?v=r8ajvqjQsyo">YouTube video</a> on Friday. In a separate Substack <a href="https://www.marytrump.org/p/donald-is-terrified-of-his-new-competition">post</a> published Wednesday, she said her uncle hates women, especially strong women and minorities. That&#8217;s why Harris &#8220;terrifies him to the point of incoherence,&#8221; she said. 
&#8220;Faced with the reality that he is now running against a vibrant, intelligent, experienced woman who is fully two decades younger than he is, Donald spent Sunday and Monday flailing, trying to find an angle of attack that would stick,&#8221; she added.
Referring to Tesla CEO Elon Musk changing his mind about pledging $45 million a month to Donald Trump&#8217;s campaign, the psychologist and podcaster said, &#8220;Donald and his sycophants, enablers, and backers are scared.&#8221; 
She said that Musk&#8217;s backtracking may have to do with the fact that &#8220;he just doesn't feel like setting that much money on fire in service to a losing candidate.&#8221;
The whole Republican campaign had, up until now, focused on President Joe Biden&#8217;s age and fitness and to the &#8220;attacks the Republican-controlled House of Representatives have launched on his family,&#8221; Mary Trump said. &#8220;Now, they have to start over and come up with a new strategy that somehow makes Donald, the oldest presidential candidate in American history, seem a reasonable alternative to Harris.&#8221;
See Also: <a href="https://www.benzinga.com/news/24/07/39950334/anthony-scaramucci-flags-demographic-data-causing-jitters-in-trumps-campaign-calls-harris-a-competen">Anthony Scaramucci Flags Demographic Data Causing Jitters In Trump&#8217;s Campaign, Calls Harris A &#8216;Competent Steward Of The American Century&#8217;</a>
Why It&#8217;s Important: Polls conducted since Biden quit the race have shown that Harris is faring better than Biden against Trump. Some of the polls show a neck-in-neck race.
A recent CNN poll found that half of those who backed Harris said <a href="https://www.benzinga.com/news/24/07/39957078/trump-vs-harris-new-poll-shows-close-race-but-vice-president-could-benefit-from-dramatic-shifts-amon">their vote was in support of her rather than a vote against Trump</a>. By contrast, a June poll found that just 37% of Biden supporters said their vote was mainly to express support for Biden rather than to oppose Trump.
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Photo: Shutterstock

Trump's Niece Says Ex-President 'Scared' To Face Harris: 'He Is Now Running Against A Vibrant, Intelligent, Experienced Woman'

A poll this week reveals a tight race for the presidency between Vice President Kamala Harris and former President Donald Trump. This comes in the wake of President <a href="https://www.benzinga.com/news/24/06/39565763/as-trump-prepares-for-comeback-latest-pew-poll-reveals-which-presidential-candidate-rest-of-world-pr">Joe Biden&#8216;s decision to step out of the race.</a>
What Happened: The poll shows that Democrats are rallying behind Harris as the presumptive nominee, with 70% of Democratic voters expressing their preference for her. 
The <a href="https://www.nytimes.com/interactive/2024/07/25/us/elections/times-siena-poll-toplines.html">poll</a>, conducted by The New York Times/Siena College, reveals a narrow lead for Trump over Harris among likely voters, 48% to 47%, a significant improvement for Democrats compared to a poll in early July.
Trump&#8217;s favorability rating soared to its peak in a national New York Times survey, following an assassination attempt less than two weeks ago. Harris, however, is gaining momentum among younger and nonwhite voters, demographics that Biden had difficulty attracting.
The poll also shows Harris with a favorable rating of 46%, higher than Biden&#8217;s but still trailing Trump&#8217;s 48%. The views of Trump, Biden, and Harris are sharply divided along gender lines.
Also Read: <a href="https://www.benzinga.com/news/24/07/39657200/ex-trump-staffer-shares-texts-to-prove-that-ex-presidents-campaign-settled-to-keep-discrimination-an">Ex-Trump Staffer Shares Texts To Prove That Ex-President&#8217;s Campaign Settled To Keep Discrimination And Sexual Harassment Lawsuits Quiet</a>
As the race intensifies, Harris faces challenges. She is the sitting vice president during a time when 75% of voters rate the nation&#8217;s economic conditions as &#8220;fair&#8221; or &#8220;poor.&#8221;
More voters perceive Trump as a strong leader than those who view Harris in the same light.
According to the poll, independent candidate Robert F. Kennedy Jr.'s share of the vote continues to drop, hitting just 5 percent of likely voters in the new survey.
Why It Matters: The poll offers a glimpse into the presidential race during one of the most turbulent and unpredictable periods in contemporary American history. 
With the Democratic Party rallying behind Harris, the 2024 election is shaping up to be a fiercely contested battle.
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This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo: Shutterstock

Trump Vs. Harris: Latest Survey Indicates Positive Signs For This Candidate

Former First Lady <a href="https://www.benzinga.com/topic/melania-trump" target="_blank" rel="noreferrer noopener">Melania Trump</a> has announced that her memoir &#8220;Melania&#8221; <a href="https://www.benzinga.com/topic/2024-election" target="_blank" rel="noreferrer noopener">will be published this fall</a>.
The book will reportedly feature personal anecdotes and family photos that have never before been shared with the public.
&#8220;&#8216;Melania&#8217;&nbsp;is a powerful and inspiring story of a woman who has carved her own path, overcome adversity and defined personal excellence. The former First Lady invites readers into her world, offering an intimate portrait of a woman who has lived an extraordinary life,&#8221; according to a press release issued by her office.
Also Read: <a href="https://www.benzinga.com/news/24/05/38630905/did-donald-trump-deny-stormy-daniels-affair-to-shield-wife-and-firmelania-from-scandal-former-top-ai" target="_blank" rel="noreferrer noopener">Did Donald Trump Deny Stormy Daniels Affair To Shield Wife Melania From Scandal? Former Top Aide Testifies In Hush-Money Trial</a>
Melania Trump has remained largely out of the spotlight while her husband, former President Donald Trump, campaigns for a return to the White House. She has been an enigmatic presence since the launch of his first presidential campaign in 2015.
Throughout her tenure as first lady, she prioritized privacy, focusing on raising their son Barron Trump and championing her &#8220;Be Best&#8221; initiative to support children&#8217;s social, emotional, and physical well-being, <a href="https://www.theguardian.com/books/article/2024/jul/26/melania-trump-memoir" target="_blank" rel="noreferrer noopener">reported</a> The Guardian.
Though she attended her husband&#8217;s 2024 campaign launch and the closing night of last week&#8217;s Republican National Convention, Melania Trump has otherwise mostly avoided the campaign trail.
Notably, she did not deliver a speech at this year&#8217;s convention, breaking with the tradition followed at the 2016 and 2020 Republican gatherings, The Guardian added.
The Memoir Edition of &#8220;Melania&#8221; is a 304-page jacketed hardcover book that includes 48 pages of never-before-seen photographs. It will be available for $40, with signed copies available for $75.
Skyhorse Publishing will release the book. Skyhorse is known for publishing other works by Trump supporters, including former New York City Mayor Rudolph Giuliani and attorney Alan Dershowitz.
Skyhorse has also collaborated with independent candidate Robert F. Kennedy Jr. and former Trump insider Michael Cohen, who later became a prominent critic.
Additionally, some Skyhorse books feature forewords by Trump ally Steve Bannon, The Guardian added.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Equities

Melania Trump's New Memoir Promises Unseen Photos And Revelations Before Election

Former President Donald Trump sparked controversy with a statement made at a Florida event on Friday. He suggested that if he were to win the upcoming election, there would be no <a href="https://www.benzinga.com/news/24/07/39657200/ex-trump-staffer-shares-texts-to-prove-that-ex-presidents-campaign-settled-to-keep-discrimination-an">need for people to vote in the future.</a>
What Happened: Trump made this remark while addressing an audience at a Turning Point Action event in West Palm Beach. He urged the crowd, particularly Christians, to participate in the upcoming election in November, and said that they wouldn't have to do it again if they elected him because "everything" would be "fixed."
Trump, who previously challenged the 2020 election results, has faced accusations of authoritarian behavior. In response to these allegations, he has stated that he would not be a dictator &#8220;except for day one&#8221; of his potential second term.
"You won't have to do it anymore. Four more years, you know what, it will be fixed, it will be fine, you won't have to vote anymore, my beautiful Christians,&#8221; he said <a href="https://thehill.com/homenews/campaign/4795823-trump-encourages-christians-vote/">at </a>the rally.
"I love you Christians. I'm a Christian. I love you, get out, you gotta get out and vote. In four years, you don't have to vote again, we'll have it fixed so good you're not going to have to vote," Trump said.
Also Read: <a href="https://www.benzinga.com/news/24/07/39761289/trumps-niece-accuses-him-of-lying-about-involvement-in-controversial-project-2025-my-uncle-likes-to">Trump&#8217;s Niece Accuses Him Of Lying About Involvement In Controversial Project 2025: &#8216;My Uncle Likes To Call America a &#8216;Stupid Country.&#8217; But We&#8217;re Not Nearly As Stupid As He Hopes We Are &#8230;&#8217;</a>
In 2022, Trump reiterated his unfounded claim that the results of the 2020 election were manipulated against him. He also advocated for the &#8220;termination&#8221; of the Constitution, arguing that a &#8220;massive fraud&#8221; of the magnitude of the election justifies the abolition of all rules, regulations, and articles, including those in the Constitution.
Trump is expected to run against Vice President Kamala Harris in the November election. During the same event, he questioned how Catholics and Jewish voters could support Democrats.
Why It Matters: Trump&#8217;s recent comments have raised eyebrows and sparked debate. His controversial remarks about voting and the Constitution have been met with criticism, with some seeing them as an attack on democratic principles. 
These statements also add to the ongoing debate about Trump&#8217;s political intentions and his potential candidacy in the upcoming election. 
The reactions to these comments will likely continue to shape the political landscape as the election approaches.
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This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo: Shutterstock

Trump Raises Eyebrows With Controversial Remark At Florida Event: 'In Four Years, You Don't Have To Vote Again'

<a href="https://www.benzinga.com/personal-finance/24/07/39892524/caller-on-podcast-asks-about-high-yield-account-that-will-be-returned-at-maturity-suze-orman-say">Suze Orman</a>, renowned for giving financial advice on her "Women &amp; Money" podcast, recently advised a woman looking to open brokerage accounts for her four grandchildren, aged 7, 5, 2, and two months. Now retired with her husband, Cheryl wants to help her grandchildren secure their financial futures instead of "wasting money on junk." Orman, however, expressed that a brokerage account was the wrong way to go and offered an alternative suggestion.&nbsp;
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First, Orman explained how <a href="https://www.benzinga.com/money/utma-vs-ugma">Uniform Gifts to Minors Act (UGMA)</a> brokerage accounts work. "If you open up a Uniform Gifts to Minors Act account or Uniform Trust to Minors Act (UTMA) account, that&#8217;s money that is theirs," Orman stated. "And once they turn of age, they can do anything they want with this money."
According to Fidelity, the custodian of a UGMA or UTMA account must transfer the account to the child it was set up for at a young age – usually between 18 and 25. At that point, that child can use the money for any purpose.&nbsp;
Orman also highlighted that these accounts can negatively impact financial aid eligibility, complicating future educational opportunities for the children should they seek higher education.&nbsp;
See Also: How much money will a $200,000 annuity pay out each month?<a href="https://www.benzinga.com/money/200k-annuities-adv"> The numbers may shock you.</a>
Instead of UGMA or UTMA accounts, Orman recommended an approach where Cheryl would have more control over the money. "I would open up a side account and keep it in your name, knowing that money is for those kids. I would then create a trust where there are instructions on when those kids can get the money."
Orman's reasoning behind this, beyond financial aid impacts, is that you don't know what those children are going to do with the money when they get older, stating that they could develop a drug problem or make a large purchase they shouldn't make. If Cheryl wishes to provide a secure financial future for her grandchildren, Orman says that she should have more control over that money to ensure it goes toward her intended purpose.&nbsp;
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Some people may want to save for their children&#8217;s or grandchildren's education, so Orman suggests setting up a <a href="https://www.benzinga.com/money/best-529-plans">529 account</a>. Unlike a UGMA, the original owner of a 529 account maintains ownership until the money is withdrawn, which can help ensure it goes toward its intended use.&nbsp;
While Orman suggests that a trust or 529 account is a better option for those wanting to maintain control of the money, setting up a UGMA account for your child or grandchild isn't bad. It can be a wonderful gift to help them get the financial start they need in young adulthood. It can even help them learn the importance of investing and financial responsibility from a young age.
If you're ready to take that step and start setting aside money for your children or grandchildren, consider talking to a <a href="https://www.benzinga.com/money/best-online-financial-advisors">financial advisor</a> or tax consultant. They can answer your questions and help determine the best route based on your unique situation.&nbsp;
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Personal Finance

Suze Orman Advises Against Opening Brokerage Accounts for Kids or Grandkids. Here's What She Suggests Instead

The future of Elon Musk&#8216;s business endeavors, including Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), SpaceX, and X (formerly Twitter), could rest on the <a href="https://www.benzinga.com/news/24/07/39900117/elon-musk-denies-45m-monthly-donation-to-trump-clarifies-true-purpose-of-the-america-pac-in-intervie">outcome of the 2024 presidential election.</a> 
What Happened: A Business Insider report <a href="https://www.businessinsider.com/elon-musk-benefit-trump-presidency-regulatory-changes-tesla-spacex-x-2024-7">suggests</a> that a potential Donald Trump presidency could bring regulatory changes that would benefit Musk&#8217;s companies.
Musk has shown support for the former president&#8217;s 2024 campaign, adding recently that he established a political action committee endorsing &#8220;a meritocracy &amp; individual freedom,&#8221; values he now associates with the Republican party, reports the outlet.
&#8220;You can think of Musk&#8217;s contribution as an investment to eliminate any governmental interference with his businesses,&#8221; Michael Gerhardt, an administrative law expert at the University of North Carolina, told Business Insider.
Trump&#8217;s proposed plans to lower corporate and personal taxes, along with his control over federal regulations, could be beneficial for Musk. 
As president, Trump could sign executive orders and make hiring decisions that could alter the course of federal agencies, possibly putting an end to ongoing investigations and lawsuits against Musk&#8217;s companies.
Also Read: <a href="https://www.benzinga.com/news/24/07/39872015/teslas-elon-musk-recently-pledged-a-huge-donation-to-donald-trump-and-the-ex-president-returned-the">Tesla&#8217;s Elon Musk Recently Pledged A Huge Donation To Donald Trump, And The Ex-President Returned The Favor By Criticizing EVs At The RNC</a>
However, certain agencies like the Securities and Exchange Commission, which has conducted several investigations into Musk&#8217;s companies, have statutory independence from the executive branch.
But, if Trump becomes president and Republicans control Congress, they could pass laws granting the president more authority over these agencies.
&#8220;If Trump were in the White House, he would control the EPA, the head of the EPA, and they could also amend those regulations to make the permitting for Clean Water Act requirements easier,&#8221; Jillian Blanchard, an environmental lawyer at Lawyers for Good Government, said. &#8220;Same is true for the Endangered Species Act right now.&#8221;
Why It Matters:&nbsp;Regulatory changes under a potential Trump presidency could significantly ease the pressure on Musk&#8217;s companies. 
The proposed reduction in corporate and personal taxes could boost the financial performance of these businesses. 
Furthermore, the potential for executive orders and hiring decisions that could&nbsp;change the direction of federal agencies could end ongoing investigations and lawsuits, providing a more conducive environment for Musk&#8217;s companies to thrive.
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This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo: Shutterstock

What A Second Trump Presidency Would Mean For Elon Musk And His Many Ventures

Former President Donald Trump forecasted a significant conflict in the Middle East, which could potentially escalate into a &#8220;third world war,&#8221; should he not succeed in the <a href="https://www.benzinga.com/news/24/07/39657063/trump-gives-unexpected-advice-to-biden-following-disappointing-debate-crooked-joe-biden-should">forthcoming November election.</a>
What Happened: Trump made the comments during a meeting with Israeli Prime Minister Benjamin Netanyahu at his Mar-a-Lago estate in Florida on Friday.
The meeting took place a day following Netanyahu&#8217;s discussions with President Joe Biden and Vice President Kamala Harris at the White House, as per the report <a href="https://thehill.com/homenews/campaign/4794793-trump-netanyahu-world-war-november-mar-a-lago-harris-biden/">by</a> The Hill.
&#8220;If we win, it&#8217;ll be very simple. It&#8217;s all going to work out and very quickly. If we don&#8217;t, you&#8217;re going to end up with major wars in the Middle East and maybe a third world war,&#8221; Trump said. 
He further lambasted the current administration, asserting that the world is nearer to a third world war than at any point since the second world war due to &#8220;incompetent people running our country,&#8221; 
Also Read: <a href="https://www.benzinga.com/news/24/07/39761289/trumps-niece-accuses-him-of-lying-about-involvement-in-controversial-project-2025-my-uncle-likes-to">Trump&#8217;s Niece Accuses Him Of Lying About Involvement In Controversial Project 2025: &#8216;My Uncle Likes To Call America a &#8216;Stupid Country.&#8217; But We&#8217;re Not Nearly As Stupid As He Hopes We Are &#8230;&#8217;</a>
The former president has in the past cautioned about a potential world war due to conflicts in the Middle East and Russia&#8217;s invasion of Ukraine. He has also issued grave forecasts about the stock market plummeting if he does not retake the White House.
Trump&#8217;s meeting with Netanyahu occurred amidst a turbulent presidential campaign, following Biden&#8217;s declaration that he will not run for reelection and his endorsement of Harris as the Democratic nominee.
Why It Matters: Trump&#8217;s predictions of a potential global conflict are significant, given the current geopolitical tensions. His comments come at a time when the world is grappling with conflicts in the Middle East and Russia&#8217;s invasion of Ukraine. 
These remarks also underscore the high stakes of the upcoming November election, not just for the United States, but potentially for global peace and stability.
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This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
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Donald Trump Issues Grim Warning To Prime Minister Benjamin Netanyahu If He Doesn't Win Election: 'You're Going To End Up With ... Maybe A Third World War'

A recent poll reveals that Americans&#8217; readiness for a female <a href="https://www.benzinga.com/news/24/07/39874401/betting-markets-favor-kamala-harris-as-top-democratic-presidential-contender">president has seen a significant drop. </a>
What Happened: The Times/SAY24 poll was carried out in the wake of President Joe Biden&#8216;s withdrawal from the race and aimed to measure the electorate&#8217;s stance on &#8220;gender bias&#8221; and Vice President Kamala Harris&#8216;s chances in the upcoming November elections.
<a href="https://d3nkl3psvxxpe9.cloudfront.net/documents/Times_SAY24_20240723.pdf">Poll</a> results have show a 9-point drop in support for a female president since 2015. While 49% of the respondents see Trump and Harris as equally competent for the presidency, the concept of a female president seems to be met with hesitation.
The readiness for a female president fell to 54% from the 63% noted in a 2015 Economist/YouGov poll. This drop raises questions about potential gender bias as Harris aims to become the second woman to secure a major party&#8217;s presidential nomination.
Among Democrats, 77% believe the country is ready for a female president, but 37% suspect their fellow Americans would not vote for a woman over a man, even if equally qualified. This apprehension could be the reason why 35% of Democrats believe that Harris should choose a male running mate.
Also Read: <a href="https://www.benzinga.com/news/24/07/39761289/trumps-niece-accuses-him-of-lying-about-involvement-in-controversial-project-2025-my-uncle-likes-to">Trump&#8217;s Niece Accuses Him Of Lying About Involvement In Controversial Project 2025: &#8216;My Uncle Likes To Call America a &#8216;Stupid Country.&#8217; But We&#8217;re Not Nearly As Stupid As He Hopes We Are &#8230;&#8217;</a>
The poll, which was conducted on Tuesday and Wednesday, surveyed 1,170 registered U.S. voters and had a margin of error of 3 percent.
Why It Matters: The decline in support for a female president is a significant development in the current political landscape. It suggests a potential gender bias that could impact the upcoming elections, particularly for Harris, who is vying for the presidential nomination.
The poll results also indicate a divide within the Democratic party, with a portion of the party suggesting that Harris should choose a male running mate. 
This development could have critical implications for the party&#8217;s strategy in the upcoming elections. The poll&#8217;s findings underscore the importance of addressing gender bias in politics and the need for ongoing dialogue and education on this issue.
As the country prepares for the November elections, these results could play a pivotal role in shaping the political discourse and strategies of the candidates.
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This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo: Shutterstock

Survey Reveals How Americans Feel About A Potential Female President —  And What It Means For Kamala Harris

Former President <a href="https://www.benzinga.com/topic/donald-trump" target="_blank" rel="noreferrer noopener">Donald Trump</a> intensified his criticism of Vice President <a href="https://www.benzinga.com/topic/kamala-harris" target="_blank" rel="noreferrer noopener">Kamala Harris</a> on Friday in a speech at the Turning Point USA Believers' Summit in West Palm Beach, Florida, calling her a &#8220;bum&#8221; and accusing her of pushing left-wing values on the nation.
Trump portrayed Harris as excessively liberal on issues like immigration and abortion during a speech to religious conservatives, <a href="https://www.washingtonpost.com/politics/2024/07/26/trump-turning-point-speech-vance/" target="_blank" rel="noreferrer noopener">reported</a> The Washington Post.
&#8220;She was a bum three weeks ago,&#8221; Trump said. &#8220;She was a bum, a failed vice president.&#8221;
Trump and other Republicans have frequently targeted Harris on immigration, labeling her as President Joe Biden&#8216;s &#8220;border czar.&#8221; Though Biden tasked Harris with negotiating with three Central American countries to tackle the root causes of migration, he never appointed her to oversee overall border policy.
Also Read: <a href="https://www.benzinga.com/general/politics/24/07/39992709/kamala-harris-will-certify-2024-election-results-shes-not-going-to-burn-the-system-down-in-order" target="_blank" rel="noreferrer noopener">Kamala Harris Will Certify 2024 Election Results: &#8216;She&#8217;s Not Going To Burn The System Down In Order To Save It&#8217;</a>
Earlier Friday, in a meeting with Israeli Prime Minister Benjamin Netanyahu, Trump called Harris a &#8220;radical left person&#8221; who &#8220;destroyed San Francisco,&#8221; The Washington Post added.
In his remarks at the summit, Trump made an effort to position Harris as further to the left than Biden, <a href="https://www.nytimes.com/2024/07/26/us/politics/trump-harris-turning-point-action.html" target="_blank" rel="noreferrer noopener">reported</a> The New York Times. He claimed that Harris would appoint &#8220;hard-core Marxists&#8221; to a broadened Supreme Court, aiming to &#8220;to shred our Constitution and all of our religious liberty.&#8221;
Trump also targeted her stance on abortion rights, a contentious issue for Republicans since the Supreme Court&#8217;s 2022 decision to overturn Roe v. Wade.
Trump additionally accused Harris of betraying Israel by not condemning &#8220;anti-Israel&#8221; protests. As he reaffirmed his support for Israel and its military actions in Gaza, Trump alleged that Harris, despite her Jewish husband, &#8220;doesn&#8217;t like Jewish people&#8221; or &#8220;Israel.&#8221;
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Photo: Shutterstock

Trump Slams Harris For Pushing Left-Wing Values: 'She Was A Bum Three Weeks Ago ... A Failed Vice President'

Walkable cities are more than a great place to spend a summer night. They&#8217;re also practical, connecting communities and making it easy for residents to get what they need without taking public transport or getting in a car. They also promote health and improve sustainability.
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New York City is the epitome of a walkable city. But with a <a href="https://www.benzinga.com/real-estate/24/07/39646579/buyers-market-is-emerging-as-homes-sell-below-list-price-for-first-time-since-pandemic">median home list</a> price of $1.65 million, it&#8217;s out of reach for most Americans. That&#8217;s true of most walkable cities. Cambridge, MA, known for its walkability, has an average list price of $1.4 million, while West Hollywood has walking-friendly streets but comes with comparable home prices.&nbsp;
Before giving up your big-city dreams, consider this: There are cities or neighborhoods with a high walkability score and <a href="https://www.benzinga.com/real-estate/24/05/38991104/home-prices-in-opportunity-zones-are-a-mixed-bag-but-follow-national-trends">home prices below the national average</a>. These areas of the country can make homeownership, connecting with the community, and creating an eco-friendly lifestyle easier.
When details from Local Logic, a data clearinghouse for neighborhood analytics, combined with property listing data from Realtor.com, areas with median list prices under $445,000 or at less than $233 per square foot showed that there are still great places to live – that are easier to afford, not all are cities, but that makes it better for everyone to find the right fit.&nbsp;
<hr class="wp-block-separator has-alpha-channel-opacity" />
Trending: Commercial real estate has historically outperformed the stock market, and<a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate"> this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today!</a>
<hr class="wp-block-separator has-alpha-channel-opacity" />
Here&#8217;s an overview of the top 10, organized from the lowest median listing price:
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>City</td>
<td>Population</td>
<td>Median List Price</td>
</tr>
<tr>
<td>Hamtramck, MI</td>
<td>27,842</td>
<td>$162,500</td>
</tr>
<tr>
<td>Baltimore, MD</td>
<td>570,000</td>
<td>$224,900</td>
</tr>
<tr>
<td>Hartford, CT</td>
<td>120,682</td>
<td>$249,900</td>
</tr>
<tr>
<td>Gretna, LA</td>
<td>17,640</td>
<td>$284,900</td>
</tr>
<tr>
<td>Philadelphia, PA</td>
<td>1.6 million</td>
<td>$289,000</td>
</tr>
<tr>
<td>Mount Vernon, NY</td>
<td>72,000</td>
<td>$329,000</td>
</tr>
<tr>
<td>Wilmington, DE</td>
<td>71,568</td>
<td>$329,900</td>
</tr>
<tr>
<td>Berwyn, IL</td>
<td>57,000</td>
<td>$350,000</td>
</tr>
<tr>
<td>Wauwatosa, WI</td>
<td>47,919</td>
<td>$392,450</td>
</tr>
<tr>
<td>East Orange, NJ</td>
<td>68,000</td>
<td>$421,000</td>
</tr>
</tbody>
</table>
</figure>
Let&#8217;s focus on the cheapest three:
<h2 class="wp-block-heading">Hamtramck, MI</h2>
Hamtramck, MI, has it all if you love a small-town vibe within a big city. It is one of two small municipalities that form an island within Detroit. Hamtramck is five miles north of downtown Detroit. The walkable community includes predominantly Middle Eastern, family-oriented neighborhoods, with many branches of a family living within walking distance of each other.&nbsp;
With an abundance of Mediterranean or Middle Eastern shops and restaurants, it&#8217;s easy to eat well and access a variety of cultural influences. While Detroit doesn&#8217;t have the best reputation, you don&#8217;t usually see abandoned homes in Hamtramck.
See Also: Will the surge continue or decline on real estate prices?<a href="https://www.benzinga.com/money/realbricks"> People are finding out about risk-free real estate investing that lets you cash out whenever you want.</a>
<h2 class="wp-block-heading">Baltimore, MD</h2>
Baltimore is known for historic districts like Fells Point, waterfront walkways in the Inner Harbor, and Pigtown, home of the Orioles&#8217; Camden Yards. The city also has multiple green spaces and parks that encourage residents to get outside.&nbsp;
Baltimore has surprisingly low home prices for a bigger city and is within easy transportation distance of Washington, DC. Baltimore&#8217;s wide diversity of neighborhoods means there&#8217;s a huge variation in home prices. However, with some research, your dollars can go farther here than in most other East Coast cities.
<h2 class="wp-block-heading">Hartford, CT</h2>
Hartford is the state capital and an affordable, walkable city filled with parks, shops, and a great restaurant scene. It boasts historic districts and attractions, plus a dense core ensures most amenities are within walking distance. It&#8217;s also a reasonable drive into NYC, Boston, or other major East Coast cities, making it a base for hybrid or remote workers.&nbsp;
Ready to buy? With mortgage rates hitting their lowest since February, learn how to secure a mortgage today!
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Walkable Cities: How Desperate Americans Are Turning The Cheapest Neighborhoods Into Gentrified Havens

Republican vice-presidential nominee Sen. <a href="https://www.benzinga.com/general/politics/24/07/39873381/trump-vp-pick-j-d-vance-worth-watching-for-potential-google-breakup-market-strategist-says-not-a" target="_blank" rel="noreferrer noopener">JD Vance</a> sought on Friday to clarify his 2021 remark about &#8220;childless cat ladies,&#8221; asserting that he was not targeting individuals without children but rather was criticizing Democrats <a href="https://www.benzinga.com/news/24/07/39997182/former-white-house-official-anthony-scaramucci-mocks-jd-vance-says-thank-you-for-knocking-me-out-of" target="_blank" rel="noreferrer noopener">for their &#8220;anti-family and anti-kid&#8221; policies.</a>
This clarification, given on Megyn Kelly&#8217;s SiriusXM <a href="https://www.siriusxm.com/blog/jd-vance-megyn-kelly-show?intcmp=AssetGroup:Any_NA_www:hosts:megyn-kelly_RepublicanVPPickJDVa" target="_blank" rel="noreferrer noopener">podcast</a>, follows the viral reappearance of a video where Vance questioned some Democrats, including Vice President <a href="https://www.benzinga.com/topic/kamala-harris">Kamala Harris</a>, for not having biological children, despite Harris having two stepchildren, <a href="https://www.politico.com/news/2024/07/26/vance-cat-lady-defense-00171439">reported</a> Politico.
The Kamala HQ account <a href="https://x.com/KamalaHQ/status/1816527148926050742">wrote on X</a> on Thursday, &#8220;JD Vance says women who haven&#8217;t given birth are &#8216;childless cat ladies who are miserable at their own lives&#8217; and shouldn&#8217;t be in politics because they &#8216;don&#8217;t have a direct stake&#8217; in America.&#8221;
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Vance defended himself, stating, &#8220;Obviously it was a sarcastic comment. People are focusing so much on the sarcasm and not on the substance of what I actually said &#8230; and the substance of what I said, Megyn, I&#8217;m sorry, it is true.&#8221;
Kamala HQ slammed Vance again Saturday in a <a href="https://x.com/KamalaHQ/status/1817199305725280529">post</a> on X, writing, &#8220;JD Vance says women should stay in violent marriages "for the sake of their kids.&#8221;
Vance, who is a parent of three, also aimed to reposition himself as a supporter of families, framing his earlier comments as a critique of Democrats for adopting positions that he believes undermine family interests.
He specifically criticized Harris for opposing the child tax credit after her campaign accused Vance of backing higher taxes for Americans without children.
This led some Republicans, including Vance, to argue that Democrats are against benefiting parents through the tax code. However, Harris and other Democrats have supported legislation aimed at expanding the child tax credit.
Harris campaign spokesperson Sarafina Chitika, in a statement to Politico, highlighted ongoing criticism of Vance&#8217;s comments on social media. She accused him of &#8220;insulting couples struggling with infertility, demeaning women&#8217;s choices and freedoms, and reminding voters of his and Donald Trump&#8216;s anti-IVF Project 2025 agenda.&#8221;
Vance described the country&#8217;s record-low birth rate, which he attributed to parents feeling uncomfortable bringing new life into the world as a &#8220;catastrophic problem.&#8221; He then criticized Democrats, accusing them of addressing this issue by suggesting that American children be replaced with immigrants, Politico added.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Vance On 'Childless Cat Ladies': 'People Are Focusing So Much On The Sarcasm And Not On The Substance'

Instagram spinoff Threads is experiencing a surge in active users and web traffic <a href="https://www.benzinga.com/24/05/38848822/meta-introduces-independent-fact-checking-program-for-threads">one year after its inception</a>.
What Happened: According <a href="https://www.similarweb.com/blog/insights/social-media-news/threads-anniversary/">to</a> a Similarweb report, Meta Platforms Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) Threads, which debuted on July 5, 2023, has seen a substantial increase in user engagement.
Monthly active users of the Mark Zuckerberg-led company&#8217;s app grew by 15.8% in the U.S. and 6.3% in the U.K. from August 2023 through May 2024. In June 2024, traffic to Threads.net saw an increase of approximately 9% compared to its launch month of July 2023.
Originally, the website was intended to promote the app, with the functional version allowing users to post content introduced in late August. But since then, web traffic has seen a surge of over 175%, as per the report.
Despite the growth, Threads still lags behind X, which boasts about nine times as many monthly active users in the U.S. However, X&#8217;s user base has been on a decline, down 8.9% YoY in the U.S. and 17.7% YoY in the U.K.
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Threads was introduced as a text-based social network alternative to X by the Instagram team at Meta. It was designed to attract mobile app users who were dissatisfied with X&#8217;s management under Elon Musk&#8216;s ownership.
Why It Matters: The growth of Threads comes at a time when many users are seeking alternatives to traditional social media platforms. Threads&#8217; user-friendly interface and unique features have been key to its success. 
The decline in X&#8217;s user base indicates a shift in user preference, which Threads has capitalized on. 
The steady increase in user engagement and web traffic suggests that Threads is gaining traction and could potentially challenge established social media platforms in the future.
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This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
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Don't Look Now, But Zuckerberg's Threads Is Picking Up Steam

Dave Ramsey, the personal finance expert, is known for his hard-hitting and blunt financial advice. This time, his advice is geared around some important early childhood education topics. Here are the seven things that Ramsey feels every child should hear.&nbsp;
While Ramsey may be an expert in handling money, he's also pretty qualified regarding children because he has his own children, albeit they're all grown up now. Ramsey and his wife, Sharon, have three adult children: Denise, Rachel, and Daniel. Rachel Cruze is also a finance expert and often joins her father on the Ramsey Show. At the same time, Daniel works alongside his father as president of Ramsey Solutions. Hence, it's pretty fair to say that Ramsey and his wife have raised successful children, and Ramsey&#8217;s advice regarding early childhood education is valuable.&nbsp;
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In a written post shared on the social media platform <a href="https://x.com/DaveRamsey/status/1737923621719273913">X</a>, Ramsey listed seven things that he believes all children need to hear, and the first thing is "I love you." The second thing you should say to your children is, "I support you," and thirdly, "I am listening." U.S. News reported that a psychology professor at the Stanford University Graduate School of Education, Geoffrey Cohen, believes that positive affirmations can do wonders for children's learning ability, among other things.&nbsp;
For Cohen, positive affirmations like Ramsey's fourth point, "I believe in you," are more than empty praise. Instead, Cohen explained, "It&#8217;s not me as a parent telling my kids you are so smart, you are so wonderful," and added, "Instead me as a parent molding the situation in ways that my kids can exemplify who they are and feel value." U.S. News also reported that Omar Gudiño, a clinical child psychologist, feels that affirmations from parents and teachers "bolster a student&#8217;s sense of self-confidence."&nbsp;
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The fifth thing that <a href="https://www.benzinga.com/personal-finance/24/07/39890114/54-year-old-with-2-5-million-nest-egg-says-his-wife-doesnt-feel-its-enough-to-retire-dave-ramsey">Ramsey</a> believes children need to hear is something more finance-related and right up his wheelhouse. He wrote, "Debt is dumb, cash is king, and the paid-off home mortgage has replaced the BMW as the status symbol of choice." This is an important one for Ramsey, who has long advocated for teaching your children about responsibly handling money. When it comes to handling money, Ramsey believes that money should not be a taboo subject and that children should not be sheltered from financial matters.&nbsp;
In a blog post shared with Ramsey Solutions, he cited a 2017 T. Rowe Price survey that found that 69% of parents are reluctant to talk about money to their children. For Ramsey, the solution for this is to start slow and be honest. This is something that many parents struggle with, especially when faced with questions from their kids about paying for college. During an episode of the Ramsey Show, Ramsey received a call from a man asking whether he is required to pay for his kid's college education.&nbsp;
<a href="https://www.benzinga.com/personal-finance/24/04/38412735/dave-ramsey-against-401k-for-education-your-retirement-savings-come-first-even-before-funding-co">Ramsey had told him</a>, "I don't believe it's a requirement that all parents pay for college for their kids." He added, "You don't have a moral responsibility to pay for your kids' college education. However, you have a moral responsibility to highlight the importance of knowledge." In addition to being honest about money with their children, Ramsey encourages parents to set family goals, let their children sit in on the family meetings, and contribute to the budget within reason.&nbsp;
Ramsey believes that all children need to hear the following from parents, teachers, and other leading figures: "I am here for you" and "You matter."&nbsp;
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Dave Ramsey Extols The Virtues Of Early Childhood Education, Saying Every Child Should Know 'Debt Is Dumb, Cash Is King'

Last week, President Joe Biden withdrew from the presidential race and endorsed Vice President Kamala Harris, initiating one of the shortest campaigns in modern history. With just three months before Election Day, Harris faces a tight timeline to build her <a href="https://www.benzinga.com/news/24/07/39657200/ex-trump-staffer-shares-texts-to-prove-that-ex-presidents-campaign-settled-to-keep-discrimination-an">policy platform and connect with voters. </a>
To understand how Harris can navigate this condensed campaign, Politico recently <a href="https://www.politico.com/news/magazine/2024/07/26/kamala-harris-campaign-manager-roundtable-00171138">spoke</a> with seasoned campaign managers Patti Solis Doyle (Hillary Clinton's 2008 campaign), Robby Mook (Clinton's 2016 campaign), and Stuart Stevens (Mitt Romney's 2012 campaign).
The experts discussed how Harris should define herself against Donald Trump, attack rather than defend against his potential racist and sexist remarks, and chart a path to 270 electoral votes. They also considered potential vice-presidential picks, with Pennsylvania Governor Josh Shapiro frequently mentioned.
Doyle praised Harris's swift and effective campaign start, highlighting her strong rollout and early achievements.
&#8220;The last 72 hours have been unbelievable in terms of rollout. She locked up the nomination. Within 36 hours, she got the delegates. She got the endorsements from Congress. She got the money. And her first events have been through the roof,&#8221; Doyle said. 
&#8220;I think she's doing it. I think she is being forceful in her prosecution of Trump. I think she's offering a hopeful view of the future. I think she's doing the politics right,&#8221; she added. 
Mook emphasized the importance of leveraging the internet and social media to reach undecided voters, noting the internet as a &#8220;safe space&#8221; for Harris supporters.
&#8220;There's a paradox here. This is a really short campaign, and that is great, because she is rested. She is ready to go. I think time is often your enemy on these, particularly as a quasi-incumbent. But on the other hand, time is short, so the imperative is to lock in, first of all, who is she? And second of all, what is her vision?&#8221; Mook told the outlet.
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&#8220;I think she's done a very good job rolling that out right out of the gate. But there's a question about calcifying that and pushing it deep. And we know that these — they used to be called double-haters but I think they're just persuadable-again or either-way voters — we know that they have the least information about her and they get their news disproportionately from social media,&#8221; he added. 
Stevens suggested that Harris should attack Trump on his record, particularly on immigration.
&#8220;I think I would challenge the premise of the question that she didn't run a good campaign because she didn't win. Because most people&nbsp;don't&nbsp;win. And she did end up on the ticket, which is the next best thing you can do. She won a very tough race for attorney general. She's vice president of the United States, and now she's the Democratic nominee for president. So how far would she have gone if she was a good politician?,&#8221; Stevens said. 
&#8220;I've always felt that when President Biden was still in this, that there had to be two things that needed to be accomplished that were critical to winning. One was that the Democratic candidate needed to represent the future. And it's clear that the Harris campaign understands that,&#8221; he added. 
Harris must address voters&#8217; economic concerns while promoting her vision for the future. The experts agreed she should focus on change and hope, contrasting herself with Trump's divisive rhetoric. 
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