State Michigan Financial News

A Texas-based investment adviser has been fined $95,000 by the SEC after an investigation by the agency found the firm in violation of the “pay to play” rule under the Advisers Act.

Electric vehicles may save consumers money over the long-term relative to traditional gasoline-powered cars.

Pro-Palestinian organizers have vowed to flood the streets of Chicago with thousands of protesters during the Democratic National Convention, which [began Monday]. If successful, they will make headlines, but they also will almost certainly alienate allies as they attempt to box in Vice President Kamala Harris on Gaza. Harris has already taken a firmer stand than President Joe Biden in demanding Israel focus its attacks on Hamas rather than the Palestinian people.

Kamala Harris has stormed into contention in the fast-growing and diverse states of Arizona, Georgia, Nevada and North Carolina, not long after Donald Trump had seemed on the verge of running away with those states when President Joe Biden was still the Democratic nominee. The new polls from The New York Times and Siena College show how quickly Harris has reshaped the terrain of 2024 and thrust the Sun Belt back to the center of the battleground-state map. Harris is now leading Trump among likely voters in Arizona, 50 per cent to 45 per cent, and has even edged ahead of Trump in North Carolina — a state Trump won four years ago — while narrowing his lead significantly in Georgia and Nevada.

The S&P 500 and the Nasdaq notched their seventh straight session of gains, as stocks recouped losses from a tailspin two weeks ago. The sell-off, sparked by weak economic data and heightened recession fears, confirmed the Nasdaq had entered correction territory.

A surge in optimism by Democrats over the prospects of Vice President Kamala Harris lifted U.S. consumer sentiment slightly this month

Kamala Harris has led almost all opinion polls since Joe Biden sidestepped and endorsed her for the US Presidential Election 2024. If media reports are to be believed, it was largely due to the enthusiasm she has created among the US voters. But economic indicators are now being discussed, Donald Trump has targeted the vice president for rising unemployment and she has declared to ban food price hikes if elected. So, will the economic factors help the presumptive Democratic candidate? Or will the Republican candidate be able to upset her winning equation by taking the rants of «America First» and «Make America Great Again» (MAGA) to a new height?

A tribal leader and conservationists urged state officials to reject plans to relocate part of an aging northern Wisconsin pipeline, warning that the threat of a catastrophic spill would still exist along the new route

A startup developing a high-tech battery that is seen as a potential game-changer in the booming industry plans to invest $1.4 billion to build its first big plant in North Carolina, according to people familiar with the matter. Natron Energy is one of the few U.S. companies focusing on sodium, an abundant mineral that can produce batteries that are cheaper and safer than the lithium-based batteries that power electric vehicles.

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

Kamala Harris is gaining ground in the Rust Belt. The states that were once the US manufacturing centers, employing a large part of the population in manufacturing jobs, voted heavily in favor of Donald Trump in 2016. But, Axios has reported that Kamala Harris has closed the gap in the region comprising Illinois, Indiana, Michigan, Missouri, New York, Ohio, Pennsylvania, West Virginia, and Wisconsin. Harris's increased popularity is in contrast to FiveThirtyEight's national average when Joe Biden trailed Donald Trump by 2.4 percentage points in Michigan, 2.3 percentage points in Wisconsin, and 4.4 percentage points in Pennsylvania.

Nicholas Stephanopoulos is Kirkland & Ellis Professor of Law at Harvard Law School. Speaking to Srijana Mitra Das, he explains past — and present — legal aspects of the American electoral system: Q. What is the core of your research? A. I teach American constitutional law and election law primarily — within the latter, which is my area of specialisation, I look at topics including voting rights, redistricting, money in politics, minority representation and the like. The US electoral system is quite an enigma. Voters exercise their ballot but an electoral college decides — why? The US does have an odd and complicated system for electing its President — it’s a lot more complex than just having a single nation-wide poll. We basically have 50 separate state-wide elections and each state determines how its Presidential election will be conducted — typically, each state election decides all the President-elect’s electors from it. To win the Presidency, a candidate must win a majority of the total number of these electors. So, the candidates don’t really compete on a nation-wide basis — they compete to win individual states. Most of the candidates’ attention is thus focused on a handful of highly competitive states like Michigan, Wisconsin, Pennsylvania, North Carolina, Georgia and Arizona. The winner of the voters of those states will have a majority of the total number of electors — and be elected President.

If nothing else, former President Donald Trump and Vice President Kamala Harris agree on one thing, at least: Both say they want to eliminate federal taxes on workers’ tips

An attorney for former President Donald Trump has filed a legal notice announcing that his client plans to sue the Justice Department and the FBI for $115 million for alleged «malicious political prosecution» and «abuse of process.»

Stellantis is warning that it could lay off as many as 2,450 of the 3,700 union workers employed at a truck plant just outside of Detroit

Kamala Harris told supporters in Nevada on Saturday she supported eliminating taxes on tips, taking a similar position to her rival Donald Trump in an effort to win over service workers, an important constituency in the state. Harris and her Democratic running mate, Minnesota Governor Tim Walz, wrapped up a multi-day tour of battleground states on Saturday with their stop in Nevada, a western state that could play a pivotal role in the Nov. 5 presidential election. «It is my promise to everyone here when I am president we will continue to fight for working families, including to raise the minimum wage and eliminate taxes on tips for service and hospitality workers,» Harris said.

The polls of likely voters by The New York Times and Siena College showed Democratic presidential candidate Harris leading her Republican rival Trump by an identical 50 percent to 46 percent margin in Michigan, Pennsylvania and Wisconsin. Under the US electoral college voting system, those three populous Midwestern states are considered key to victory for either party.

swing states, the Republican candidate is losing ground in battleground states. The Cook Political Report has predicted that the former president would not win in Arizona, Georgia, and Nevada, reports the 'Independent'. It has moved these states from leaning Republican to “toss-ups.” Editor-in-chief Amy Walter wrote in the report on Thursday that Kamala Harris leads Trump by less than one point. He pointed out that Battleground state polls show similar results, the vice president is reducing the Republican's lead by two to five points.

Working Americans could get an opportunity to start their retirement savings journey earlier than ever thanks to a newly proposed piece of legislation in the House of Representatives.

presidential candidate Donald Trump and Democratic opponent Kamala Harris will debate on Sept. 10 on ABC, setting up the first face-to-face matchup between the rivals in what polls show is an extremely close race. In a rambling news conference at his Palm Beach, Florida, residence, Trump said he wanted additional debates on Sept. 4 and Sept. 25 that would air on Fox and NBC. Harris said in a post on X that she was looking forward to the Sept. 10 debate after Trump «finally committed.» She told reporters after a campaign stop in Detroit that she was open to discussing more debates.

Vice President Kamala Harris and her running mate, Minnesota Gov. Tim Walz, are showing their support for organized labor by appearing at a Detroit-area union hall