News
Harris Is Making A ‘Capitalist’ Pitch To Boost The Economy As Trump Pushes Deeper Into Populism

PITTSBURGH — As she pushed back against Republican contender Donald Trump’s charges that she’s advocating “communist” ideals, Vice President Kamala Harris committed on Wednesday to develop an economy that is both pro-business and aids the middle class.
The Democratic nominee stated in remarks at the Economic Club of Pittsburgh in battleground Pennsylvania that she “would take good ideas from wherever they come” as she promised to double the number of people taught in registered apprenticeships and underlined her support for increased home ownership.
“As president, I will be grounded in my fundamental values of fairness, dignity and opportunity,” Harris told the crowd. “And I promise you, I will be pragmatic in my approach.”
Harris Is Making A ‘Capitalist’ Pitch To Boost The Economy As Trump Pushes Deeper Into Populism
A little more than an hour before her address, Trump visited a furnituremaker in Mint Hill, North Carolina, and presented his own competing economic agenda. He defended his proposal for a special lower tax rate for American manufacturers and promised to apply tariffs high enough to result in an “exodus” of auto production employment from Japan, Germany, and South Korea.
“I’m imposing tariffs on your competition from foreign countries, all these foreign countries that have ripped us off, which stole all of your businesses and all of your jobs years ago,” Mr. Trump added.
The two candidates’ dueling remarks demonstrated how they’re polishing their economic messaging for voters in battleground states. Both are attempting to deflect criticism while presenting their best cases to a public nonetheless concerned about the economy’s health. Trump is focused on U.S. dominance over international competitors, whereas Harris emphasizes the significance of assisting the middle class and entrepreneurs.
Harris later spoke with MSNBC and responded to Trump’s request for tariffs, stating, “You don’t just throw around the idea of, just tariffs across the board.” She said of her opponent, “He’s just not serious about very many of these issues.”
In the interview, the vice president also reiterated her desire for higher corporate tax rates, stating, “I’m not mad at anyone for succeeding, but everyone should pay their fair share.”
Those statements came after Harris’ address, which focused on her overall worldview and what she hopes to achieve for the economy. That contrasted with Trump’s, which was more freestyle, including insinuations about an Iranian connection to the two assassination attempts on him.
If elected, the former president promised to reduce the corporation tax rate from 21% to 15% for domestically produced goods. The Republican nominee said that his support for wide tariffs as high as 20% had made him an international target.
“This is why people in countries want to kill me,” he told me. “They’re not happy with me.”
The candidates are each emphasizing the economy at a time when surveys show it to be one of the most important concerns for voters to consider when deciding who to vote for. According to a recent AP-NORC poll, neither candidate has a clear advantage in public opinion on this topic.
Both claim that their respective approaches will do more to ensure that the United States economy, not China’s, dominates the globe in this century. Both are eager to project an image of a tax cutter and accuse the other of supporting enormous tax increases on the middle class. It’s a significant shift in message, as inflation concerns have subsided after the Federal Reserve dropped its benchmark interest rate last week.
Harris rebutted Trump by stating that she is a capitalist who supports a “active partnership between government and the private sector.” It was said that Trump has “no intention to grow our middle class — he’s only interested in making life better for himself and people like himself.”
The Democratic contender intends to provide $100 billion in tax credits and other incentives to boost US manufacturing and emerging technologies, according to a source familiar with her ideas who spoke on the condition of anonymity. She plans to release a pamphlet outlining her economic vision.
In other news, billionaire Mark Cuban stated that he and other business executives support Harris because she has taken thoughtful positions that firms can understand, even if they disagree.
“I want a president who, for business, goes into detail and has a policy team that understands all of the ramifications of what’s been proposed,” Cuban said on a Harris campaign-organized press call Tuesday.
The Harris campaign’s efforts to demonstrate business support have coincided with Trump’s in proposing a slew of populist proposals. In addition to eliminating taxes on tips, Social Security, and overtime pay, Trump wants to limit credit card interest rates to 10% and create low-tax zones on federal lands to attract employers. Trump also wants to repeal the cap on state and local tax deductions, which he enacted into law while president in 2017.
Both candidates perceive an opportunity to criticize each other’s tax proposals. Trump recently called Harris the “tax queen.” She proposes raising the corporation tax rate from 21% to 28%, as well as taxing unrealized capital gains for those worth more than $100 million. She would use the proceeds from that and other programs to extend tax cuts for the middle class that are slated to expire after 2025, as well as to provide new tax benefits to parents and entrepreneurs. Many of her programs are based on concepts originally offered by President Joe Biden.
Trump says that her proposed tax increases will eventually benefit the middle class.
“She’s coming for your money,” he warned a crowd on Monday. “She’s coming for your pensions, and she’s coming for your savings.”
Harris demonstrated that two can play the game. She dubbed his tariff proposal a “national sales tax,” claiming that it would raise the cost of coffee, clothing, electronics, automobiles, and practically anything else that is imported or relies on imported parts.
Her campaign frequently cites an analysis by Brendan Duke of the Center for American Progress, which found that a 20% universal tariff would cost the average household about $4,000 per year. According to calculations based on Treasury Department data, that amount would essentially increase middle-income earners’ overall federal taxes by 50%.
Trump has long portrayed himself as someone who will reduce restrictions, but Harris stated Wednesday that she would do the same because “whether it’s a new housing development, a new factory, or a new bridge, projects take too long to go from concept to reality.”
“China is not moving slowly,” Harris explained. She also stated that she would reform permitting and reduce red tape since “patience may be a virtue, but not when it comes to job creation or America’s competitiveness.”
SOURCE | AP

News
Google’s Search Dominance Is Unwinding, But Still Accounting 48% Search Revenue

Google is so closely associated with its key product that its name is a verb that signifies “search.” However, Google’s dominance in that sector is dwindling.
According to eMarketer, Google will lose control of the US search industry for the first time in decades next year.
Google will remain the dominant search player, accounting for 48% of American search advertising revenue. And, remarkably, Google is still increasing its sales in the field, despite being the dominating player in search since the early days of the George W. Bush administration. However, Amazon is growing at a quicker rate.
Google’s Search Dominance Is Unwinding
Amazon will hold over a quarter of US search ad dollars next year, rising to 27% by 2026, while Google will fall even more, according to eMarketer.
The Wall Street Journal was first to report on the forecast.
Lest you think you’ll have to switch to Bing or Yahoo, this isn’t the end of Google or anything really near.
Google is the fourth-most valued public firm in the world. Its market worth is $2.1 trillion, trailing just Apple, Microsoft, and the AI chip darling Nvidia. It also maintains its dominance in other industries, such as display advertisements, where it dominates alongside Facebook’s parent firm Meta, and video ads on YouTube.
To put those “other” firms in context, each is worth more than Delta Air Lines’ total market value. So, yeah, Google is not going anywhere.
Nonetheless, Google faces numerous dangers to its operations, particularly from antitrust regulators.
On Monday, a federal judge in San Francisco ruled that Google must open up its Google Play Store to competitors, dealing a significant blow to the firm in its long-running battle with Fortnite creator Epic Games. Google announced that it would appeal the verdict.
In August, a federal judge ruled that Google has an illegal monopoly on search. That verdict could lead to the dissolution of the company’s search operation. Another antitrust lawsuit filed last month accuses Google of abusing its dominance in the online advertising business.
Meanwhile, European regulators have compelled Google to follow tough new standards, which have resulted in multiple $1 billion-plus fines.

Pixa Bay
Google’s Search Dominance Is Unwinding
On top of that, the marketplace is becoming more difficult on its own.
TikTok, the fastest-growing social network, is expanding into the search market. And Amazon has accomplished something few other digital titans have done to date: it has established a habit.
When you want to buy anything, you usually go to Amazon, not Google. Amazon then buys adverts to push companies’ products to the top of your search results, increasing sales and earning Amazon a greater portion of the revenue. According to eMarketer, it is expected to generate $27.8 billion in search revenue in the United States next year, trailing only Google’s $62.9 billion total.
And then there’s AI, the technology that (supposedly) will change everything.
Why search in stilted language for “kendall jenner why bad bunny breakup” or “police moving violation driver rights no stop sign” when you can just ask OpenAI’s ChatGPT, “What’s going on with Kendall Jenner and Bad Bunny?” in “I need help fighting a moving violation involving a stop sign that wasn’t visible.” Google is working on exactly this technology with its Gemini product, but its success is far from guaranteed, especially with Apple collaborating with OpenAI and other businesses rapidly joining the market.
A Google spokeswoman referred to a blog post from last week in which the company unveiled ads in its AI overviews (the AI-generated text that appears at the top of search results). It’s Google’s way of expressing its ability to profit on a changing marketplace while retaining its business, even as its consumers steadily transition to ask-and-answer AI and away from search.
Google has long used a single catchphrase to defend itself against opponents who claim it is a monopoly abusing its power: competition is only a click away. Until recently, that seemed comically obtuse. Really? We are going to switch to Bing? Or Duck Duck Go? Give me a break.
But today, it feels more like reality.
Google is in no danger of disappearing. However, every highly dominating company faces some type of reckoning over time. GE, a Dow mainstay for more than a century, was broken up last year and is now a shell of its previous dominance. Sears declared bankruptcy in 2022 and is virtually out of business. US Steel, long the foundation of American manufacturing, is attempting to sell itself to a Japanese corporation.
SOURCE | CNN
News
2024 | Supreme Court Won’t Hear Appeal From Elon Musk’s X Platform Over Warrant In Trump Case

Washington — Trump Media, The Supreme Court announced Monday that it will not hear an appeal from social media platform X about a search warrant acquired by prosecutors in the election meddling case against former President Donald Trump.
The justices did not explain their rationale, and there were no recorded dissents.
The firm, which was known as Twitter before being purchased by billionaire Elon Musk, claims a nondisclosure order that prevented it from informing Trump about the warrant obtained by special counsel Jack Smith’s team violated its First Amendment rights.
The business also claims Trump should have had an opportunity to exercise executive privilege. If not reined in, the government may employ similar tactics to intercept additional privileged communications, their lawyers contended.
Supreme Court Won’t Hear Appeal From Elon Musk’s X Platform Over Warrant In Trump Case
Two neutral electronic privacy groups also joined in, urging the high court to hear the case on First Amendment grounds.
Prosecutors, however, claim that the corporation never shown that Trump utilized the account for official purposes, therefore executive privilege is not a problem. A lower court also determined that informing Trump could have compromised the current probe.
Trump utilized his Twitter account in the weeks preceding up to his supporters’ attack on the Capitol on January 6, 2021, to spread false assertions about the election, which prosecutors claim were intended to create doubt in the democratic process.
The indictment describes how Trump used his Twitter account to encourage his followers to travel to Washington on Jan. 6, pressuring Vice President Mike Pence to reject the certification, and falsely claiming that the Capitol crowd, which battered police officers and destroyed glass, was peaceful.
Supreme Court Won’t Hear Appeal From Elon Musk’s X Platform Over Warrant In Trump Case
That case is now moving forward following the Supreme Court’s verdict in July, which granted Trump full immunity from criminal prosecution as a former president.
The warrant arrived at Twitter amid quick changes implemented by Musk, who bought the company in 2022 and has since cut off most of its workforce, including those dedicated to combating disinformation and hate speech.
SOURCE | AP
News
The Supreme Court Turns Down Biden’s Government Appeal in a Texas Emergency Abortion Matter.

(VOR News) – A ruling that prohibits emergency abortions that contravene the Supreme Court law in the state of Texas, which has one of the most stringent abortion restrictions in the country, has been upheld by the Supreme Court of the United States. The United States Supreme Court upheld this decision.
The justices did not provide any specifics regarding the underlying reasons for their decision to uphold an order from a lower court that declared hospitals cannot be legally obligated to administer abortions if doing so would violate the law in the state of Texas.
Institutions are not required to perform abortions, as stipulated in the decree. The common populace did not investigate any opposing viewpoints. The decision was made just weeks before a presidential election that brought abortion to the forefront of the political agenda.
This decision follows the 2022 Supreme Court ruling that ended abortion nationwide.
In response to a request from the administration of Vice President Joe Biden to overturn the lower court’s decision, the justices expressed their disapproval.
The government contends that hospitals are obligated to perform abortions in compliance with federal legislation when the health or life of an expectant patient is in an exceedingly precarious condition.
This is the case in regions where the procedure is prohibited. The difficulty hospitals in Texas and other states are experiencing in determining whether or not routine care could be in violation of stringent state laws that prohibit abortion has resulted in an increase in the number of complaints concerning pregnant women who are experiencing medical distress being turned away from emergency rooms.
The administration cited the Supreme Court’s ruling in a case that bore a striking resemblance to the one that was presented to it in Idaho at the beginning of the year. The justices took a limited decision in that case to allow the continuation of emergency abortions without interruption while a lawsuit was still being heard.
In contrast, Texas has been a vocal proponent of the injunction’s continued enforcement. Texas has argued that its circumstances are distinct from those of Idaho, as the state does have an exemption for situations that pose a significant hazard to the health of an expectant patient.
According to the state, the discrepancy is the result of this exemption. The state of Idaho had a provision that safeguarded a woman’s life when the issue was first broached; however, it did not include protection for her health.
Certified medical practitioners are not obligated to wait until a woman’s life is in imminent peril before they are legally permitted to perform an abortion, as determined by the state supreme court.
The state of Texas highlighted this to the Supreme Court.
Nevertheless, medical professionals have criticized the Texas statute as being perilously ambiguous, and a medical board has declined to provide a list of all the disorders that are eligible for an exception. Furthermore, the statute has been criticized for its hazardous ambiguity.
For an extended period, termination of pregnancies has been a standard procedure in medical treatment for individuals who have been experiencing significant issues. It is implemented in this manner to prevent catastrophic outcomes, such as sepsis, organ failure, and other severe scenarios.
Nevertheless, medical professionals and hospitals in Texas and other states with strict abortion laws have noted that it is uncertain whether or not these terminations could be in violation of abortion prohibitions that include the possibility of a prison sentence. This is the case in regions where abortion prohibitions are exceedingly restrictive.
Following the Supreme Court’s decision to overturn Roe v. Wade, which resulted in restrictions on the rights of women to have abortions in several Republican-ruled states, the Texas case was revisited in 2022.
As per the orders that were disclosed by the administration of Vice President Joe Biden, hospitals are still required to provide abortions in cases that are classified as dire emergency.
As stipulated in a piece of health care legislation, the majority of hospitals are obligated to provide medical assistance to patients who are experiencing medical distress. This is in accordance with the law.
The state of Texas maintained that hospitals should not be obligated to provide abortions throughout the litigation, as doing so would violate the state’s constitutional prohibition on abortions. In its January judgment, the 5th United States Circuit Court of Appeals concurred with the state and acknowledged that the administration had exceeded its authority.
SOURCE: AP
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