2018-11-11 13:42:00 Sun ET
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Michael Bloomberg provides $80 million as campaign finance for Democrats to flip the House of Representatives in the November 2018 midterm elections, gears up his presidential bid, and eyes the Democratic nomination for 2020. Bloomberg now actively considers a presidential campaign as a Democrat in 2020, and he figures out that the Democrat nomination would be his only path to the White House even though he voices stark disagreements with many progressive proponents on bank regulation, law enforcement, and the recent #MeToo movement.
At age 76, Bloomberg is a financial media multi-billionaire and a former New York City mayor. On the economic front, Bloomberg considers himself more familiar with macro policy issues and reforms that would better shape U.S. real macro variates such as real GDP per capita, employment, and capital investment etc. Bloomberg has entertained the pragmatic idea of pursuing U.S. presidency many times before, and continues to show little preference for the rough-and-tumble tactics of partisan political discourse. There is a fair chance that Bloomberg receives the Democratic nomination to win the U.S. presidential bid against President Trump. This putative scenario might overturn the Trump set of both supply-side fiscal stimulus and bank deregulation with more realistic structural reforms in education, residential estate, and financial market stabilization.
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2024-05-05 10:31:00 Sunday ET
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2017-07-13 08:35:00 Thursday ET
President Donald Trump has announced that a major Apple iPhone upstream supplier, Foxconn Technology Group (aka Hon Hai Precision Group), will invest $10 bi
2018-12-18 10:38:00 Tuesday ET
President Trump threatens to shut down the U.S. government in 2019 if Democrats refuse to help approve $5 billion public finance for the southern border wal
2019-01-13 12:37:00 Sunday ET
We need crowdfunds to support our next responsive web design and iOS and Android app development. Upon successful campaign completion, we will provide an eb
2018-03-02 12:34:00 Friday ET
White House top economic advisor Gary Cohn resigns due to his opposition to President Trump's recent protectionist decision on steel and aluminum tariff
2017-07-07 10:33:00 Friday ET
Warren Buffett invests in American stocks across numerous industries such as energy, air transport, finance, technology, retail provision, and so forth.