U.S. Election updates: Donald Trump and Kamala Harris focus on their campaign stops in Pennsylvania
U.S. Election Update: During their Monday campaign stops, former President Donald Trump and Vice President Kamala Harris both targeted Pennsylvania, a crucial swing state.
On Monday night, Trump attended a town hall in Oaks, Pennsylvania, which is roughly 25 miles northwest of Philadelphia. Harris and Sen. John Fetterman, D-Pa, staged a campaign rally in Erie on the opposite side of the state. Additionally, former President Bill Clinton visited Georgia in an attempt to support Harris among voters in yet another pivotal battleground.
Trump’s remarks about the “enemy from within” draw criticism from Harris.
Kamala Harris launched one of her most scathing assaults on the former president of the 2024 campaign on Monday, focusing on his recent remarks that the U.S. military should deal with the “enemy from within.”
When her campaign presented video evidence of Trump using the term “enemy from within” on a giant screen during previous rallies and interviews, including one on Sunday with Fox News in which he said that the “enemy from within” was more dangerous than enemies abroad, Harris interrupted her speech.
Trump visits Pennsylvania for a cordial town hall.
Trump took part in what his campaign dubbed a town hall, which was facilitated by South Dakota Governor Kristi Noem and included questions from the audience.
Trump spoke his opinions on the economy, inflation, immigration, and foreign policy issues in a pivotal battleground state while making an appearance in Oaks, Pennsylvania, which is close to Philadelphia.
With the election approaching, Trump’s social media stock is making a spectacular recovery.
Until recently, the Trump Media & Technology Group was in a state of complete collapse. Its share price fell an astounding 82% from its peak to a record low of $12.15 on September 23.
The owner of Truth Social, however, has seen a huge recovery of around 150% in the last three weeks, more than tripling the value of its stock. It increased by 18% on Monday after soaring by almost 50% just last week.
Trump Media did not reveal a new product or an unexpected source of income that would have justified the move. Neither Wall Street experts nor a significant stockholder endorsed it.
Trump is the company’s public face. He is the most well-liked user on Truth Social and the largest shareholder with 114.75 million shares.
Since September 23, the value of Trump’s ownership stake in the business has increased to $3.4 billion, an increase of almost $1.7 billion.
The 100 percent increase for Trump Media since September 23 has been “stunning,” according to Jay Ritter, a professor of finance at the University of Florida who has spent 40 years researching capital markets.
Trump Media’s stock price has risen recently, but it is still far below its peak of $66 in March. Additionally, Trump’s stock still has a $2 billion decline in value from its brief peak in late March.
In the swing-state cities that could make the difference in the election, how is inflation?
During the last few months of the presidential campaign, inflation has decreased, which could have an impact on the close contest between former President Donald Trump and Vice President Kamala Harris.
For the most part, price rises across the country are back to normal. However, the outcome of the seven hotly contested battleground states is likely to determine the outcome of the presidential election, making the level of inflation in those crucial areas crucial.
Detroit, Michigan
The U.S. Bureau of Labor Statistics (BLS) reported that consumer prices in Detroit increased 3.5% during the year that ended in August. That number represents the four cities’ highest inflation rate and is a percentage point higher than the national average.
Phoenix, Arizona
BLS statistics for August, the most recent month on record, show that Phoenix’s inflation rate is 2.3%. Price rises are occurring at a significantly slower rate than the national average. But while Phoenix has worked hard to alleviate its shortage of supply and increase housing building, the price rises have moderated.
Atlanta, Georgia
Atlanta has the lowest rate of inflation among the swing-state cities, with 1.7% as of August, which is about a percentage point below the national average.
Pennsylvania’s Philadelphia
According to BLS data, consumer prices in the Philadelphia region increased 3.4% for the year that ended in August. Compared to the national average, the city’s inflation rate is almost one percentage point higher.