Economy

US election 2024 live updates: Kamala Harris proposes ban on ‘price gouging’ on groceries at North Carolina rally


Harris promises to pass first-ever federal ban on price gouging on food

Kamala Harris has unveiled part of her economic policy platform, including a ban on price gouging on groceries, a plan to build three million new homes, and the slashing of prescription drug costs.

In her first major policy speech focusing on the economy, the vice president proposed help for home buyers and an effective tax cut for 100 million Americans.

Harris delivered the speech ahead of a planned bus tour across Pennsylvania this weekend with running mate Governor Tim Walz before the Democratic National Convention begins in Chicago on Monday.

Meanwhile, Donald Trump sparked outrage with remarks in which he compared civilian and military awards, once again appearing dismissive of service personnel.

The former president said the Medal of Freedom he gave wealthy donor Miriam Adelson was better than the Medal of Honor because recipients of the latter are “either in very bad shape because they’ve been hit so many times by bullets or they’re dead”.

The Harris campaign said he was “dishonoring America’s greatest heroes, again”.

The comments surfaced after Trump held his second press conference in a week at his exclusive golf club in Bedminster, New Jersey, following his previous meltdown at Mar-a-Lago.

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ICYMI: Trump insults veterans again

Former president Donald Trump on Thursday continued his pattern of insulting the country’s most revered military veterans by claiming a top civilian award is more prestigious than the Medal of Honor awarded to service members for “conspicuous gallantry” in the face of enemy fire.

Oliver O’Connell17 August 2024 08:20

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Jill Biden to honor Joe at DNC in Chicago

First lady Jill Biden will have a “role” on the first day of the Democratic National Convention to honor and preserve the legacy of her husband, President Joe Biden despite having voiced her disappointment with those who encouraged the president to exit the 2024 race, according to a report.

The first lady will give a tribute to her husband on Monday, on the first night of the convention, NBC News reported Friday.

Kelly Rissman has the story.

Oliver O’Connell17 August 2024 07:20

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Secret Service members from Biden’s detail now protecting Trump

Oliver O’Connell17 August 2024 05:20

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What was revealed by Trump’s financial disclosure forms?

The financial disclosure — a Federal Election Commission requirement for candidates pursuing federal office — showed that the former president made millions in royalties and owns a considerable amount in cryptocurrency, which he once decried as a “scam.”

Kelly Rissman looks at what we found out.

Oliver O’Connell17 August 2024 03:20

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How Trump and Harris compare on economic policy

At the center of their pitches to those voters is economic policies. This week, the Vice President rolled out her plan to lower costs for American families including tax credits for children, price control efforts, and housing assistance. Many of the proposals aren’t strictly new but instead expand on the efforts of President Joe Biden.

Here’s a look at Trump and Harris’s economic plans.

Gustaf Kilander17 August 2024 02:20

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Georgia officials will give election workers panic buttons

The Cobb County Board of Commissioners approved the funding on Tuesday as part of a $2.43 million package for the upcoming election presented by the director of the county’s Board of Elections and Registration.

Now, the Board of Elections has the funding to purchase some 200 devices for workers.

Oliver O’Connell17 August 2024 01:50

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Biden signs order to establish 1908 Springfield race riot monument

President Joe Biden on Friday designated a national monument at the site of the 1908 race riot in Springfield, Ill., a seminal moment in the United States’ long and difficult history with racial violence targeting Black people.

Biden was joined in the Oval Office by lawmakers as well as civil rights and community leaders as he signed the proclamation establishing the monument on 1.57 acres of federal land.

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Harris promises to lower costs as she slams Trump for having ‘no serious plans’ to help middle class

The vice president’s plan is focused on economic initiatives that would benefit the middle class, with tax cuts she said would affect 100 million Americans, a federal ban on price gouging, lower drug prices, and the building of millions more homes. Harris compared each aspect of her agenda to that of Trump, promising a bright future in contrast to the former president’s dark vision of the past.

Kelly Rissman and Andrew Feinberg report.

Oliver O’Connell17 August 2024 00:50

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‘Russia is playing a special role in aggressively seeking to upend the status quo’

John Kampfner meets Anne Applebaum, author of Autocracy Inc, to hear why she thinks Western democracy could easily collapse in our lifetime.

Oliver O’Connell17 August 2024 00:20

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ICYMI: Trump insults veterans again

Former president Donald Trump on Thursday continued his pattern of insulting the country’s most revered military veterans by claiming a top civilian award is more prestigious than the Medal of Honor awarded to service members for “conspicuous gallantry” in the face of enemy fire.

Oliver O’Connell16 August 2024 23:50



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