House Dems Split On Biden Ahead Of Rebound Push
House Democrats failed to unite on whether President Biden should run again amid concerns over his debate performance and age. Key lawmakers voiced mixed views while Biden and allies ramped up public support and fundraising efforts. Polls show Trump leading Biden in national averages, with some surveys suggesting potential advantages for Harris in certain matchups.
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Harris as Biden successor if he quits race
President Biden has said only the Lord Almighty could lead him to step aside, with Vice President Kamala Harris viewed as the strongest potential replacement. She combines Biden’s coalition, a ready campaign fund, and a history of cross‑party goodwill, while rivals like Newsom and Whitmer face tough climbs.
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Stocks drift after Powell testimony hints no rate cut timing
The S&P 500 and Nasdaq rose 0.1 percent while the Dow slipped 0.1 percent as Powell testified before the Senate, reiterating inflation remains above 2 percent and warning that delaying or undershooting rate cuts could weaken the economy and jobs. Traders see about a 70 percent chance of a cut by September.
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Target Stops Accepting Personal Checks Nationwide
Target will stop accepting personal checks starting July 15 as part of a broader shift away from check writing. The retailer cited extremely low volumes and will expand checkout options with credit and debit cards, buy now pay later services, and Target Circle.
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