Here's what top leaders are telling us about the state of the world and stocks

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Allan Sloan News

Business Journalist,Real Estate Developer,Donald J. Trump

Yahoo Finance has been chatting up all sorts of folks to get a lay of the land in the economy and markets months away from the election.

I was reminded of this while chatting with seven-time Gerald Loeb award winner ,. Sloan — who has been doing this crazy gig for more than 50 years — was recalling intense phone chats he had with then-NYC real estate developer Donald J. Trump.Other tales he spun include tough questions he posed to bombastic CEOs, and digging into companies to reveal a true picture for investors.

. In others, we are getting right into concerns about the run-up to the election and what policies may shape profits in 2025 and beyond. Note that Bitzer declined to comment on whether European industrial behemoth Bosch has expressed interest in buying the company, as has been "We did have to increase prices between 6.5% to 7% when we raised wages almost 20%. And what we've seen is not so much resistance. So it's not because the Chipotle burrito costs a little more. There's really reduced spending across the restaurant industry. And when we've looked at it, restaurant companies that took a very high increase had an impact on sales, about the same as what we've seen.

An election year that was already bitterly partisan has been completely upended by President Joe Biden’s decision to drop out of the 2024 White House race and endorse Vice President Kamala Harris. It’s also the history to be made if the likely Democratic nominee becomes the first female president who is also multiracial. The daughter of a Jamaican father and an Indian mother, both of whom immigrated to the U.S.

 

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