Finance

What happens to Joe Biden’s campaign money?

According to the latest Federal Election Commission filings, Biden’s campaign entered July with $96 million, after spending $243 million through the end of...

Large U.S. banks are failing on operational risk, secret OCC report finds

A key U.S. regulator has privately found half of the major banks it oversees have an inadequate grasp of a broad swath of...

Analysis-Biden’s exit could spur Trump-trade unwind, divided government eyed By Reuters

By Davide Barbuscia, Suzanne McGee and Matt Tracy (Reuters) - U.S. President Joe Biden's exit from the presidential race on Sunday could...

Many Democrats back Harris in 2024 race, but Pelosi, others silent By Reuters

By Stephanie Kelly, Nandita Bose and Bianca Flowers (Reuters) - Many Democrats on Sunday quickly backed Vice President Kamala Harris to run...

Here are Kamala Harris’ next steps after securing Biden’s endorsement

U.S. Vice President Kamala Harris waves as she boards Air Force Two to depart on campaign travel to Philadelphia, Pennsylvania, at Joint Base...

Germany’s Scholz says Biden’s decision to drop reelection bid ‘deserves recognition’ By Reuters

FRANKFURT (Reuters) - German Chancellor Olaf Scholz said on Sunday that U.S. President Joe Biden's decision to drop his reelection bid deserved...

Democrats’ path forward after Biden’s exit

With President Joe Biden ending his reelection bid and endorsing Vice President Kamala Harris, Democrats now must navigate a shift that is unprecedented this late in...

Biden campaign burned through 93% of cash raised in June before he dropped out

Before his Sunday announcement that he was leaving the presidential race, Joe Biden’s beleaguered campaign entered July with $96 million cash on hand,...

Text of Biden statement on him stepped aside as candidate By Reuters

By Kanishka Singh WASHINGTON (Reuters) - U.S. President Joe Biden ended his reelection campaign on Sunday after fellow Democrats lost faith in...

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