Donald Trump News

While many across the United States and the world, including President Joe Biden, are urging Americans to lower the political temperature in the country in the wake of a failed assassination attempt on former president Donald Trump, some stocks on Wall Street looked upbeat this week.

Yet in interviews with 12 Donald Trump delegates at his Republican Party nominating convention in Milwaukee, none advocated for limits or bans on assault rifles, raising the legal age to buy a gun, or even more robust background checks. The delegates were dead set against any type of reform to US gun laws. Most viewed even mild measures, such as expanded background checks, or raising the legal age to buy an assault weapon to 21, as infringements on the US Constitution's Second Amendment, that gives citizens the right to own guns.

JD Vance is supposed to help Donald Trump win the Midwest this fall. But almost immediately after the Ohio senator was announced as Trump's vice presidential pick on Monday, one thing became clear: Vance, a 39-year-old Republican with less than two years in Congress, is not well-known among many in his party, even in the swing states Trump hopes he'll deliver. Michigan Republican Party Chairman Pete Hoekstra offered a blunt response when asked about Trump's pick minutes after it was announced: «We don't know him.» «If he's from Ohio, he understands our state and the other northern battlegrounds,» Hoekstra said, standing on the floor of the Republican National Convention (RNC). «But we haven't had a chance to take his measure yet.»

Several prominent figures with ties to the crypto industry, including Elon Musk have emerged as backers of a new pro-Trump super political-action committee, dubbed America PAC.

A fresh wave of tariffs could revive inflation and pressure central banks to keep their key interest rates high, the International Monetary Fund warned Tuesday. In its latest report on the outlook for the global economy, the Fund said borrowing costs could also be pushed higher by a series of elections that may lead to a surge in already high levels of government borrowing. The Fund left its forecast for world economic growth this year unchanged at 3.2%, and raised its forecast for next year to 3.3% from 3.2%.

Small-cap stocks are on a tear right now as they took the baton from megacap technology shares last week to lead the bull market on hopes interest rate cuts will broaden out the economic recovery to their benefit.

Republican National Convention began Monday at the Fiserv Forum in Milwaukee, Wisconsin. It will come to an end on July 18. In this once-in-four-year- convention, delegates will select the nominee for the presidential election and his running mate. Republican contender Donald Trump has announced J.D. Vance as his running mate. He will be the youngest vice presidential nominee. If Trump is nominated officially, he will be the first Republican leader to be nominated the presidential candidate for the third term after Richard Nixon.

MILWAUKEE—In selecting his new apprentice, Donald Trump picked a familiar figure within his populist, right-wing base who brings a fresh face to an election featuring two older men. J.D. Vance, a millennial junior senator from Ohio who gained fame for his “Hillbilly Elegy" memoir about small-town America, offers Trump a natural successor to his MAGA movement.

Wisesoft Co., a software maker whose Chinese name “Chuan Da Zhi Sheng” implies victory for Donald Trump in Mandarin, rose by the maximum 10% daily limit in Shenzhen. The gains came as the dollar rose and Treasury futures fell as traders took stock of the likelihood of Trump winning in November after the shooting incident over the weekend.

European stocks fell and US equity futures pared earlier gains as disappointing corporate earnings weighed on sentiment.

Dogecoin, and Shiba Inu recorded gains, trading up to 3% higher. Conversely, Toncoin, Cardano, Tron, Avalanche, and Polkadot saw losses, trading down by up to 4%. Despite this, the global cryptocurrency market cap increased marginally by 0.12% to around $2.31 trillion in the last 24 hours.

Trump Media have surged in the first day of trading following an assassination attempt on former President Donald Trump

As crypto takes the main stage in Donald Trump’s election campaign strategy, the former President has recently picked long-time crypto supporter as his Vice Presidential hopeful. Trump, the presumptive GOP nominee, has chosen Ohio Senator JD Vance as his running mate on Monday. According to Trump’s post on his Truth Social Network, the decision to pick Vance comes “after lengthy deliberation and thought.”

Japan's Nikkei share average rose on Tuesday, tracking gains in Wall Street, as investors assessed whether an assassination attempt on U.S. presidential candidate Donald Trump increased his chances of winning the November elections. The Nikkei closed 0.2% higher at 41,275.08, and the broader Topix finished up 0.34% at 2,904.5.

JD Vance is in the news for being chosen by former US President Donald Trump as his running mate. Details of the senator’s life, his illustrious credentials, and his 2016 social media posts, which criticised Trump has gained the Internet’s attention. Additionally, all eyes are on his Indian-origin wife Usha Chilukuri Vance. Business tycoon Anand Mahindra recently drew attention to the power couple. Taking to X, the Mahindra Group Chairman shared a picture of their wedding day and wrote, “There’s another Great Indian Wedding to celebrate…” (a subtle reference to the grand wedding of Anant Ambani & Radhika Merchant, which took place on Friday). In the picture, both Vance and Chilukuri are clad in traditional Indian wedding attire. The bride looks radiant in a white and gold wedding saree, while the groom looks dapper in a cream-coloured sherwani. The post has become viral on the microblogging site, gaining more than 273K views and 6.1K likes.

LONDON : The attempted assassination of Donald Trump, coming so soon after President Biden’s stumbles during the recent presidential debate, is reinforcing an impression outside the U.S. that the world’s pre-eminent superpower is entering an unusually turbulent and unpredictable period, prompting allies to question its reliability and foes to gloat.

The failed assassination of Donald Trump has spurred a lot of questions and concerns since Saturday, one of the biggest being how the U.S. Secret Service could let something like this happen.

Donald Trump's vice presidential pick J.D. Vance has openly praised the work of Federal Trade Commission Chair Lina Khan, a sign that the agency's broad approach to antitrust enforcement could enjoy some level of support from a second Trump administration. Vance, a Republican U.S. senator from Ohio, joined the presidential ticket on Monday at the Republican National Convention in Milwaukee, where Trump officially became the party's nominee.

Federal Reserve Chair Jerome Powell bolstered the case for a rate cut in September, while cryptocurrenices gained on rising odds of former President Donald Trump getting reelected. Powell said on Monday the three U.S. inflation readings over the second quarter of this year «add somewhat to confidence» that the pace of price increases is returning to the Fed's target in a sustainable fashion.

Bitcoin rose above $60,000 after Donald Trump’s defiant response to an assassination attempt spurred speculation that his chances of winning the presidential election have climbed. The former president, who has positioned himself as pro-crypto, said he was shot in the right ear after gunfire erupted at his political rally in Pennsylvania on Saturday. His campaign said he was “fine” after the incident and looking forward to going to the Republican National Convention that begins on Monday in Milwaukee.

Usha Vance. The wife of Sen. JD Vance of Ohio, Donald Trump's newly announced running mate, certainly has the credentials. A corporate litigator at a prestigious San Francisco law firm, Usha Vance has clerked for Supreme Court Chief Justice John Roberts and Justice Brett Kavanaugh when he was an appeals court judge, and earned degrees from Yale and Cambridge. It's a conspicuous resume for a woman whose husband gave a speech in 2021 titled «The Universities are the Enemy,» and rarely missed a chance to bash the establishment as he campaigned for the Senate in 2022, as The New York Times previously reported.