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Pro-Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) President Javier Milei of Argentina has personally presented the 2025 budget to Congress, reflecting his commitment to eradicating the country&#8217;s persistent fiscal deficit.
What Happened: Milei took the unusual step of presenting the budget himself, rather than delegating the task to his economy minister. He emphasized his commitment to a &#8220;zero deficit&#8221; budget, despite controlling less than 15% of the seats in the legislature, <a href="https://apnews.com/article/argentina-milei-budget-congress-economy-inflation-c83178217097093d476fab94429768a4">reported</a> AP News.
Milei&#8217;s budget proposal follows a week of political disputes over proposed spending increases, which the administration warns could undermine its IMF-backed budget. Opposition parties have been pushing for laws to increase salaries and pensions in line with inflation, to help Argentines struggling with harsh austerity measures.
&#8220;The cornerstone of this budget is the first truth of macroeconomics, a truth that for many years has been neglected in Argentina: that of zero deficit,&#8221; Milei told lawmakers. He also pledged to veto any measures that threatened his stringent fiscal policy.
Despite his political isolation, Milei is determined to push forward with austerity. &#8220;Even if there is no compromise from the opposition, Milei will continue pursuing this fiscal contraction,&#8221; said Argentine economist Agustín Almada.
Milei&#8217;s administration has achieved a fiscal surplus of 0.4% of GDP through dramatic cuts to public spending, despite nearly 60% of Argentines now living in poverty. The austerity measures have sparked protests, particularly over pensions, but Milei remains committed to his fiscal policies.
While the government&#8217;s fiscal discipline has been challenged in Congress, Milei has vowed to veto any bills that increase spending without corresponding cuts. His future, however, largely depends on the support of Congress, which controls the government&#8217;s purse strings.
See Also: <a href="EXCLUSIVE: Scaramucci Predicts Harris Will Adopt A 'More Open-Minded Approach' To Crypto If Elected">EXCLUSIVE: Scaramucci Predicts Harris Will Adopt A &#8216;More Open-Minded Approach&#8217; To Crypto If Elected</a>
Why It Matters: Milei, a known <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40825073/pro-bitcoin-president-javier-milei-triumphs-as-pension-spending-hike-stalled-in-argentinas">pro-Bitcoin president</a>, has previously triumphed in preventing a pension spending hike, reflecting his commitment to fiscal discipline. 
His austerity measures, however, have not been without controversy. In response to his economic policies, the Argentine province of La Rioja launched its <a href="https://www.benzinga.com/news/24/09/40688450/while-elon-musk-praises-javier-mileis-policies-this-argentine-province-launches-its-own-currency-aft">own quasi currency</a> following a deep recession. 
Despite these challenges, Milei has received international praise, including from Tesla and Space X CEO Elon Musk, for his efforts in <a href="https://www.benzinga.com/24/09/40679115/elon-musk-praises-pro-bitcoin-president-javier-mileis-efforts-in-restoring-argentina-to-greatness-am">&#8216;restoring Argentina to greatness&#8217;</a>.
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

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Cryptocurrency

$BTC

Pro-Bitcoin President Javier Milei Presents Argentina's Budget, Dishes Out 'First Truth' Of Macroeconomics: 'Zero Deficit'

Annapurna Interactive, the video game company owned by award-winning Megan Ellison, daughter of billionaire Larry Ellison, co-founder of Oracle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), is in turmoil after its entire staff resigned
What Happened: The entire 25-member staff of Annapurna Interactive, including top executives&nbsp;Deborah Mars and Nathan Vella,&nbsp;resigned en masse, <a href="https://www.businessinsider.in/tech/news/megan-ellison-the-award-winning-daughter-of-billionaire-larry-ellison-has-a-headache-on-her-hands/articleshow/113356572.cms">reported</a> Business Insider.
This move followed failed talks between Ellison, former Annapurna president Nathan Gary, and other executives about the possibility of the studio becoming an independent entity.
Ellison established Annapurna Studios in 2011, later adding the gaming division, Annapurna Interactive, in 2016.
Despite producing several popular games,&nbsp;including &#8220;Outer Wilds,&#8221; &#8220;What Remains&nbsp;of Edith Finch,&#8221; and the award-winning &#8220;Stray,&#8221; the company has been plagued by internal tensions.
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/09/40853157/united-airlines-inks-deal-with-elon-musks-spacex-to-provide-free-inflight-wi-fi-via-starlink?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">United Airlines Inks Deal With Elon Musk&#8217;s SpaceX To Provide Free Inflight Wi-Fi Via Starlink</a>
Former president Gary described the collective decision to leave as&nbsp;&#8220;the hardest decision we have&nbsp;ever had to make, and we did not take this&nbsp;action lightly.&#8221;
Annapurna has since appointed&nbsp;Hector Sanchez, former head of&nbsp;content&nbsp;at Fortnite maker Epic Games,&nbsp;to lead its interactive divisions, the report noted.
Ellison <a href="https://www.bloomberg.com/news/articles/2024-09-12/annapurna-video-game-team-resigns-leaving-partners-scrambling">told</a> Bloomberg that the company&#8217;s top priority is &#8220;continuing to support our developer&nbsp;and publishing partners during this transition,&#8221; and remains committed to expanding its&nbsp;presence in the interactive space.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: This mass resignation comes after Larry&#8217;s&nbsp;Oracle&nbsp;<a href="https://www.benzinga.com/trading-ideas/long-ideas/24/09/40852561/oracle-quietly-gains-momentum-while-nvidia-meta-dominate-ai-spotlight">gained momentum</a>&nbsp;in the tech industry last week, particularly in the cloud and AI sectors.
Despite trailing behind tech giants like Amazon.com Inc., Microsoft Corporation, and Alphabet Inc., Oracle&#8217;s growth in the cloud space has been robust, contributing to Larry&#8217;s wealth rise to $173 billion.
At the time of writing, Larry&#8217;s net worth was $174 billion, making him the fifth individual on the list of the world&#8217;s wealthiest men, following Elon Musk, Jeff Bezos, Mark Zuckerberg, and Bernard Arnault.
Photo by Nick Fewings on Unsplash
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Gaming

Tech

Media

ORCL

Larry Ellison's Daughter's Gaming Company Hit By Wave Of Mass Resignation: Staff Walkout Amid Spinoff Failure

ChatGPT-parent OpenAI has acknowledged that its latest model, <a href="https://www.benzinga.com/top-stories/24/09/40842891/openai-unveils-o1-model-a-step-closer-to-human-like-ai-but-not-without-flaws">known as &#8220;o1,&#8221;</a> could potentially be misused for creating biological weapons.
What Happened: Last week, OpenAI unveiled its new model, which has improved reasoning and problem-solving capabilities.
The company&#8217;s system card, a tool that explains how the AI operates, rated the new models as having a &#8220;medium risk&#8221;&nbsp;for issues related to chemical,&nbsp;biological, radiological, and nuclear (CBRN) weapons.
This is the highest risk level that OpenAI has ever assigned to its models. The company stated that this means the technology has &#8220;meaningfully improved&#8221;&nbsp;the ability of experts to&nbsp;create bioweapons, <a href="https://www.ft.com/content/37ba7236-2a64-4807-b1e1-7e21ee7d0914">reported</a> Financial Times.
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/09/40848374/google-co-founder-sergey-brin-admits-company-was-too-timid-to-rollout-chatgpt-like-llms-despite-basi?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Google Co-Founder Sergey Brin Admits Company Was &#8216;Too Timid&#8217; To Rollout ChatGPT-Like LLMs Despite Basically Inventing Them</a>
<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/15231625/Screenshot-2024-09-16-at-8.46.19%E2%80%AFAM-1024x893.png" alt="" class="wp-image-548663" /></figure>
Image Credit: OpenAI GPT-4o System Card page
OpenAI CTO Mira Murati told the report that the company is being particularly &#8220;cautious&#8221; with how it is introducing o1 to the public due to its advanced capabilities.
The model has been tested by red teamers&nbsp;and experts in various scientific domains&nbsp;who have tried to push the model to its limits. Murati stated that&nbsp;the current models performed far&nbsp;better on overall safety metrics&nbsp;than their predecessors.
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Why It Matters: AI software with more advanced&nbsp;capabilities, such as step-by-step reasoning, poses&nbsp;an increased risk of misuse&nbsp;in the hands of malicious actors, experts warn, the report noted.
Yoshua Bengio, a leading AI scientist and&nbsp;professor of computer science at&nbsp;the University of Montreal, pointed out the urgency of legislation like <a href="https://www.benzinga.com/news/24/08/40618637/california-ai-safety-bill-that-got-thumbs-up-from-elon-musk-awaits-gavin-newsoms-signatures-amid-tec">California&#8217;s debated bill SB 1047</a>. The bill would require makers of high-cost models to minimize the risk of their models being used to develop bioweapons.
In January 2024, a&nbsp;study&nbsp;showed the limited utility of its <a href="https://www.benzinga.com/news/24/01/36880924/openais-gpt-4-demonstrates-limited-utility-in-bioweapon-development-study">GPT-4 model in bioweapon development</a>. The study was initiated in response to concerns over the potential misuse of AI technologies for harmful purposes.
Previously, the Center for Humane Technology co-founder Tristan Harris&#8217;s claims of <a href="https://www.benzinga.com/news/24/03/37955518/zuckerbergs-takedown-of-meta-ai-bioweapon-access-claims-left-capitol-hill-attendees-bursting-into-la">Meta AI being unsafe</a>, leading to AI-generated weapons of mass destruction, were&nbsp;debunked&nbsp;by Mark Zuckerberg in a Capitol Hill hearing.
Meanwhile, earlier it was reported that <a href="https://www.benzinga.com/news/24/07/39722083/chatgpt-parent-openai-and-atomic-bomb-fame-los-alamos-join-forces-to-explore-ais-potential-in-scient">OpenAI teamed up with</a> Los Alamos National Laboratory to explore the potential and risks of AI in scientific research.
Image via Shutterstock
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

ChatGPT Creator OpenAI Says Its Latest Models Pose Bioweapons Creation Risk: AI Giant Particularly 'Cautious' About Introducing o1

Business mogul Mark Cuban recently shared his perspective on the escalating trade tensions between China and Russia, in the light of U.S. sanctions on Moscow.
What Happened: On Sunday, Cuban took to X to express his views on the ongoing trade issues between China and Russia. The &#8220;Shark Tank&#8221; fame billionaire shared a Newsweek <a href="https://www.newsweek.com/china-corners-russia-exchange-rate-hikes-1939641">article</a> that touched on the trade between the two countries.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Sanctions can better than tariffs, without the tax on American consumers <a href="https://t.co/59nzWtjVIk">https://t.co/59nzWtjVIk</a>
&mdash; Mark Cuban (@mcuban) <a href="https://twitter.com/mcuban/status/1835459141034528789?ref_src=twsrc%5Etfw">September 15, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Russian companies are facing difficulties as Chinese banks raise the yuan-ruble exchange rate, charging a premium over the Russian central bank&#8217;s rate, according to the report. With the ruble weakened by Western sanctions and reduced export revenue, Russia's reliance on the yuan for trade with China has made it vulnerable to exploitation by foreign banks. Some Chinese banks have increased their rates, while delays and rejections of Russian payments are growing, further complicating trade between the two countries amid ongoing sanctions.
Cuban said, &#8220;Sanctions can [be] better than tariffs, without the tax on American consumers.&#8221; 
Moreover, the U.S. and European Union have raised concerns over China&#8217;s support for Russia&#8217;s military, which they believe is contributing to the conflict in Ukraine and posing a global security threat. This has led to heightened tensions between the nations.
See Also: <a href="https://www.benzinga.com/news/24/09/40852078/trump-vs-harris-latest-poll-hands-vice-president-5-point-lead-but-heres-why-vetran-pollster-nate-sil?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Vs. Harris: Latest Poll Hands Vice President 5-Point Lead But Here&#8217;s Why Veteran Pollster Nate Silv</a>
Why It Matters: This is not the first time Cuban made remarks regarding tariffs. Recently he <a href="https://www.benzinga.com/news/24/08/40643937/mark-cuban-wants-someone-to-explain-to-him-how-trump-would-tax-a-foreign-nation">raised concerns</a> about the impact of Donald Trump&#8217;s proposed tariffs, particularly how they would increase consumer costs, using Walmart as an example. Economic experts have warned that these tariffs could lead to inflation and harm consumers.
Cuban&#8217;s comments come in the backdrop of recent reports that global banks are returning 80% of yuan transfers, causing significant payment delays for Russian businesses. This has been linked to secondary sanctions implemented by the U.S. in December, aimed at financial institutions assisting Russia in evading sanctions.
China and Russia have also been contemplating the use of <a href="https://www.benzinga.com/24/08/40244322/russia-and-china-plan-barter-trading-to-dodge-us-banking-surveillance-report">barter trading systems</a> to bypass U.S. banking surveillance, as reported by Benzinga. This move is seen as an effort to avoid payment issues, reduce oversight of Western regulators, and mitigate currency risk.
Furthermore, the U.S. faced backlash from China for adding several Chinese entities to its export control list, in an attempt to restrict Russia&#8217;s access to advanced U.S., technology. This move has been criticized by China as <a href="https://www.benzinga.com/news/24/08/40546725/china-slams-us-for-including-chinese-firms-in-export-control-list-undermines-the-international-trade">undermining the international trade</a> order and rules, and disrupting the security and stability of global industrial and supply chains.
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Politics

General

Mark Cuban Says Sanctions Can Be Better Than Tariffs Since They Aren't A 'Tax On American Consumers' — Uses Russia To Make His Point

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) has announced a price increase for its battery replacement <a href="https://www.benzinga.com/news/24/09/40780100/apple-intelligence-ready-iphone-16-with-faster-processor-dedicated-camera-button-announced-check-pri">service for the</a> iPhone 16 Pro and iPhone 16 Pro Max.
What Happened: The tech giant has upped the battery repair cost for these models by $20, making the new price $119. The cost for battery replacement in the standard and &#8220;Plus&#8221; models remains the same.
<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/15224212/Screenshot-2024-09-16-at-8.12.05%E2%80%AFAM-941x1024.png" alt="" class="wp-image-548647" /></figure>
See Also: <a href="https://www.benzinga.com/news/24/09/40826639/mark-zuckerberg-live-event-sold-out-stadium-meta-ceo-attracted-thousands-eager-to-hear-him-speak-on?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Zuckerberg Live Event Sold Out Stadium: Meta CEO Attracted Thousands Eager To Hear Him Speak On &#8216;The Next Decade Of Social, Technology, And AI&#8217;</a>
This news was first <a href="https://appleinsider.com/articles/24/09/15/apple-jacking-up-prices-on-post-applecare-iphone-battery-replacements">reported</a> by MacRumors.
Apple has not yet increased the price for other battery replacements, but such a move wouldn&#8217;t be surprising.
In 2022, the company increased the iPhone 14 battery service cost by $30 to $99.
Defective batteries are still covered under Apple&#8217;s one-year warranty, and replacements are free under AppleCare+ plans if the battery has less than 80% of its original capacity.
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Why It Matters: Last year in March, Apple increased the battery replacement price for <a href="https://www.benzinga.com/news/23/03/31152981/out-of-warranty-tough-luck-apple-wants-you-to-pay-more-for-iphone-ipad-and-mac-battery-replacements">out-of-warranty devices</a>, including iPhones, iPads, and Macs. Later in September, the company <a href="https://www.benzinga.com/news/23/09/34610390/apple-silently-hikes-battery-replacement-cost-for-certain-watch-models">raised the battery replacement cost</a> for certain Apple Watch models.
The tech giant has also <a href="https://www.benzinga.com/news/24/06/39223488/apple-no-longer-covers-hairline-cracks-on-iphones-and-watches-under-warranty-how-much-youll-need-to">stopped covering hairline cracks</a> on iPhone and Apple Watch displays under its standard warranty, requiring customers to pay for repairs.
The iPhone 16 Pro starts at $999 for the 128GB model, while the iPhone 16 Pro Max begins at $1,199 for the 256GB version.
Pre-orders for all four models are already underway, with official sales starting on Sept. 20.
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

AAPL

Apple Wants You To Pay More For iPhone 16 Battery Replacement: Here's How Much It Will Cost

Russia has issued a stern warning to Ukraine, threatening to reduce its capital, Kyiv, to a &#8220;giant melted spot&#8221; if Ukraine is allowed by its allies to use Western long-range missiles against Russia.
What Happened: Moscow&#8217;s warning came on Saturday, as reported by <a href="https://www.politico.eu/article/russia-dmitry-medvedev-ukraine-kyiv-war-giant-melted-spot-threat/">Politico</a>. The threat was made by Dmitry Medvedev, deputy chairman of Russia's Security Council, amidst ongoing discussions by the U.S. and the U.K. to permit Ukraine to use Western weapons to strike strategic targets within Russia.
Medvedev, known for his nuclear rhetoric, stated that Russia already has &#8220;formal&#8221; grounds to use nuclear weapons following Ukraine&#8217;s incursion into Russia&#8217;s Kursk region. However, he suggested that newer technologies could be used to create a &#8220;giant melted spot&#8221; in place of the Ukrainian capital.
Despite the threats, Medvedev acknowledged that &#8220;a nuclear conflict is really not needed by anyone,&#8221; adding that a nuclear response is a decision with &#8220;irreversible consequences.&#8221;
Meanwhile, U.K. Prime Minister Keir Starmer and U.S. President Joe Biden have been discussing Ukraine's possible use of British-made Storm Shadow cruise missiles on Russian soil, without reaching a decision. Russian President Vladimir Putin warned that such permission would put NATO countries "at war with Russia.&#8221;
See Also: <a href="https://www.benzinga.com/news/24/09/40864586/kamala-harris-vows-to-scrap-unnecessary-degree-requirements-for-some-federal-jobs-if-she-wins-as-pre?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Kamala Harris Vows To Scrap &#8216;Unnecessary&#8217; Degree Requirements For Some Federal Jobs If She Wins: &#8216;As President, I Will…&#8217;</a>
Ukrainian President Volodymyr Zelenskyy has renewed Kyiv&#8217;s pleas for expanded use of Western weapons, stating, &#8220;We are making progress on the battlefield. But we need permission to use long-range weapons.&#8221;
Why It Matters: This development comes in the wake of <a href="https://www.benzinga.com/news/24/09/40829787/top-russian-foreign-policy-hawk-pushes-for-bold-nuclear-response-to-western-support-in-ukraine-time">calls</a> from Russian foreign policy hawks for a more <a href="https://www.benzinga.com/news/24/09/40829787/top-russian-foreign-policy-hawk-pushes-for-bold-nuclear-response-to-western-support-in-ukraine-time">assertive nuclear stance</a> towards the West. 
The use of Western-made long-range missiles by Ukraine against Russia could lead to a <a href="https://www.benzinga.com/news/24/09/40851131/russian-president-says-ukraines-use-of-long-range-missiles-would-signal-that-us-and-nato-are-at-war">direct military confrontation</a> between Russia and the West, as warned by Putin. 
The situation has also raised global concerns, with Tesla and SpaceX CEO Elon Musk expressing his <a href="https://www.benzinga.com/news/24/09/40846236/i-have-a-bad-feeling-about-this-elon-musk-is-alarmed-about-moscow-nato-conflict-risk-if-ukraine-allo">apprehension</a> about potential global conflict.
Photo by Michael Parulava on Unsplash
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Markets

TSLA

Russia Security Council Head Warns Of Turning Kyiv Into A 'Giant Melted Spot' Using New Technologies

A <a href="https://www.benzinga.com/news/24/09/40870341/kamala-harris-biden-express-relief-that-trump-is-unhurt-after-second-assassination-attempt-i-am-glad">second assassination attempt</a> on Republican presidential candidate&nbsp;Donald Trump&nbsp;was foiled on Sunday while he was golfing in West Palm Beach, Florida.
What Happened: The FBI reports that U.S. Secret Service agents <a href="https://www.benzinga.com/24/09/40869836/donald-trump-safe-and-unharmed-after-shooting-incident-at-florida-golf-club">identified and neutralized</a> a gunman near the property line. The suspect,&nbsp;Ryan Wesley Routh, 58, of&nbsp;Hawaii, was apprehended after he discarded&nbsp;an AK-47-style assault rifle and fled the scene.
Following the incident, Tesla and SpaceX CEO Elon Musk responded to a user&#8217;s query about the motive behind the assassination attempts. He questioned why there were no similar threats against President Joe Biden or Vice President Kamala Harris.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">And no one is even trying to assassinate Biden/Kamala &#x1f914; <a href="https://t.co/ANQJj4hNgW">https://t.co/ANQJj4hNgW</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1835478980830572884?ref_src=twsrc%5Etfw">September 16, 2024</a></blockquote>
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He also agreed with Speaker Mike Johnson (R-La.) who went to Mar-a-Lago to meet Trump and said on X, formerly Twitter, saying, &#8220;No leader in American history has endured more attacks and remained so strong and resilient. He is unstoppable.&#8221;
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/09/40845900/trump-says-he-will-end-taxes-on-overtime-pay-but-economist-peter-schiff-says-there-is-a-fly-in-his-o?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Says He Will End Taxes On Overtime Pay, But Economist Peter Schiff Says There Is A Fly In His Ointment</a>
Florida Governor&nbsp;Ron DeSantis&nbsp;(R-Fla.)&nbsp;also took to X to announce that the state would investigate the incident. He stressed the importance of transparency about the would-be assassin and how he&nbsp;managed&nbsp;to get within 500 yards&nbsp;of the former president and&nbsp;current GOP nominee.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The State of Florida will be conducting its own investigation regarding the attempted assassination at Trump International Golf Club. The people deserve the truth about the would be assassin and how he was able to get within 500 yards of the former president and current GOP…
&mdash; Ron DeSantis (@GovRonDeSantis) <a href="https://twitter.com/GovRonDeSantis/status/1835476568212201744?ref_src=twsrc%5Etfw">September 16, 2024</a></blockquote>
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Rep.&nbsp;Marjorie&nbsp;Taylor&nbsp;Greene&nbsp;(R-Ga.) also took to X and said, &#8220;The stakes of this election are literally life or death.&#8221; She also asked why the suspect was carrying a GoPro camera. &#8220;Who would receive the video feed from today's assassin's GoPro,&#8221; adding, &#8220;There is a conspiracy to murder Donald Trump.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">They tried to assassinate President Trump again today. For the second time. The stakes of this election are literally life or death. I'm praying for his safety and all of those around him. I'm thankful for each and everyone that guards his life and his family.
&mdash; Rep. Marjorie Taylor Greene&#x1f1fa;&#x1f1f8; (@RepMTG) <a href="https://twitter.com/RepMTG/status/1835403111609041003?ref_src=twsrc%5Etfw">September 15, 2024</a></blockquote>
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Former House Speaker Nancy Pelosi (D-Calif.) also denounced the incident saying, &#8220;There never is a place for political violence of any kind in America.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">There never is a place for political violence of any kind in America. As the investigation into today's incident continues, let us commend law enforcement for their actions to keep the former President safe from harm.
&mdash; Nancy Pelosi (@SpeakerPelosi) <a href="https://twitter.com/SpeakerPelosi/status/1835484077857595470?ref_src=twsrc%5Etfw">September 16, 2024</a></blockquote>
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President Biden also condemned the act of political violence, saying, &#8220;I have directed my team to continue to ensure that Secret Service has every resource &#8230;. to ensure the former President's continued safety.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">As I have said many times, there is no place for political violence or for any violence ever in our country, and I have directed my team to continue to ensure that Secret Service has every resource, capability and protective measure necessary to ensure the former President's…
&mdash; President Biden (@POTUS) <a href="https://twitter.com/POTUS/status/1835481461413069064?ref_src=twsrc%5Etfw">September 16, 2024</a></blockquote>
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Sen.&nbsp;Bernie Sanders&nbsp;(I-Vt.) also expressed relief that the former President was unharmed saying, &#8220;We must denounce it in the&nbsp;strongest possible terms, and I am relieved that the former President is safe.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">There is no place for political violence, including the disturbing incident we just witnessed in West Palm Beach.   We must denounce it in the strongest possible terms, and I am relieved that the former President is safe.
&mdash; Bernie Sanders (@BernieSanders) <a href="https://twitter.com/BernieSanders/status/1835454321581752508?ref_src=twsrc%5Etfw">September 15, 2024</a></blockquote>
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Why It Matters: This incident marks the <a href="https://www.benzinga.com/news/24/07/39921902/trump-assassination-attempt-new-details-emerge-from-pennsylvanias-police-commissioner-eight-shots-we">second assassination attempt on Trump</a>. The first attempt took place in July 2024 in Pennsylvania, where a 20-year-old man fired eight shots at a rally before being neutralized by Secret Service agents.
Trump also reassured supporters of his safety, saying that he was unharmed. &#8220;I wanted you to hear this first: I AM SAFE AND WELL!&#8221;
White House confirmed that President Biden and Vice President Harris were briefed about the situation. Harris took to X and said, &#8220;I am glad he is safe. Violence has no place in America.&#8221;
Image via Shutterstock
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Elon Musk Comments On Why They Want To Kill Trump, DeSantis Promises Florida's Own Probe

Renowned economist Mohamed El-Erian has voiced concerns over the increasing late payments on credit cards and auto loans in the United States, sparking discussions on the economic implications.
What Happened: On Sunday, El-Erian took to X to share his views on an <a href="https://www.wsj.com/finance/americans-credit-debt-spending-interest-rates-f3836f23">article</a> from the Wall Street Journal. The article highlighted the rising trend of late payments on credit cards and auto loans, which has alarmed Wall Street. El-Erian&#8217;s tweet sparked a debate on whether this financial weakness is confined to lower-income households or is spreading upwards.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">From the <a href="https://twitter.com/WSJ?ref_src=twsrc%5Etfw">@WSJ</a> article, &quot;Americans Are Falling Behind on Their Bills. Wall Street Is Alarmed: Lenders see a rise in late payments on credit cards and auto loans.&quot; Lots of discussion on whether the weakness remains concentrated in lower-income households or migrates up.<a href="https://twitter.com/hashtag/economy?src=hash&amp;ref_src=twsrc%5Etfw">#economy</a> <a href="https://t.co/3HgW15qZ3n">pic.twitter.com/3HgW15qZ3n</a>
&mdash; Mohamed A. El-Erian (@elerianm) <a href="https://twitter.com/elerianm/status/1835460770530034011?ref_src=twsrc%5Etfw">September 15, 2024</a></blockquote>
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Wall Street is alarmed as signs of Americans struggling to keep up with bills emerge, especially among lower-income borrowers, reported the Journal. 
Credit card delinquencies have reached their highest level in over a decade, and car loan charge-offs have also surged. Bank executives report rising delinquencies, with major lenders like Citigroup and Ally Financial warning of increased financial strain, while investors worry about a potential recession.
See Also: <a href="https://www.benzinga.com/news/24/09/40807671/harris-hit-trump-with-claim-of-worst-unemployment-since-the-great-depression-during-debate-here-is-w?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Harris Hit Trump With Claim Of &#8216;Worst Unemployment Since The Great Depression&#8217; During Debate, Here Is Wha</a>
Why It Matters: El-Erian&#8217;s post comes amid discussions on the Federal Reserve&#8217;s <a href="https://www.benzinga.com/news/24/09/40825191/mohamed-el-erian-charts-fed-rate-path-ahead-of-next-weeks-fomc-meeting-interest-rates-could-bottom-a">anticipated rate cuts</a>. Recently, El-Erian outlined key expectations and market pricing ahead of the Federal Reserve&#8217;s policy meeting.
The rising late payments could indicate a weakening economy, as <a href="https://www.benzinga.com/news/24/09/40785555/peter-schiff-warns-feds-rate-cuts-wont-prevent-recession-issues-warning-about-inflation-and-unemploy">suggested</a> by economist Peter Schiff. Schiff warned that the Federal Reserve&#8217;s rate cuts might not prevent a recession.
Meanwhile, the latest inflation statistics for August have given the Federal Reserve the <a href="https://www.benzinga.com/markets/equities/24/09/40815234/dollar-treasury-yields-rise-as-small-caps-fall-august-inflation-crushes-odds-of-50-point-fed-rat">green light</a> to proceed with an interest rate cut. The size of the cut, however, remains a topic of discussion.
Photo by International Monetary Fund on Flickr
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Economics

Americans Falling Behind On Their Bills: Mohamed El-Erian Echoes Worries As Rate Cut Buzz Grows Louder

Donald Trump has survived a <a href="https://www.benzinga.com/24/09/40869836/donald-trump-safe-and-unharmed-after-shooting-incident-at-florida-golf-club">reported assassination attempt</a>. He vowed never to surrender after the latest attempt on his life.
What Happened: The incident occurred near Trump&#8217;s Florida property, with the former President confirming his safety in a fundraising email. &#8220;There were gunshots in my vicinity, but before rumors start spiraling out of control, I wanted you to hear this first: I AM SAFE AND WELL!&#8221; Trump stated, asserting his resilience and vowing to &#8220;NEVER SURRENDER&#8221;.
Steven Cheung, Trump&#8217;s communications director, confirmed the former President&#8217;s safety post the incident, while the Secret Service and the Palm Beach County Sheriff's Office have launched an investigation into the matter.
Following the incident, Vice President Harris expressed relief over Trump&#8217;s safety and condemned the act of violence. This incident follows a previous assassination attempt on Trump at a Pennsylvania rally in mid-July.
See Also: <a href="https://www.benzinga.com/news/24/09/40869086/trump-vs-harris-new-poll-reveals-post-debate-swing-towards-this-candidate-in-key-state?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Vs Harris: New Poll Reveals Post-Debate Swing Towards This Candidate In Key State</a>
Why It Matters: This is the second assassination attempt on the former President in recent months. The first attempt occurred at a Pennsylvania rally in mid-July, where Trump was injured and another man was killed. The latest attempt took place at the Trump International Golf Course in West Palm Beach, where a man armed with an AK-style rifle tried to infiltrate the perimeter. Quick action by the Secret Service agents on duty led the man to abandon his weapon and escape.
These incidents have raised serious concerns about the safety of the former President. President Joe Biden and Vice President Kamala Harris have <a href="https://www.benzinga.com/news/24/09/40870341/kamala-harris-biden-express-relief-that-trump-is-unhurt-after-second-assassination-attempt-i-am-glad">expressed relief</a> that Trump has escaped unhurt, with Harris stating, "I am glad he is safe. Violence has no place in America."
Image via Shutterstock
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Trump Vows To 'Never Surrender' After Surviving Second Assassination Attempt

Former President Donald Trump&#8217;s public expression of dislike for pop star Taylor Swift has elicited a humorous response from Vice President Kamala Harris&#8217;s campaign.
What Happened: On Sunday, Trump took to the social media platform Truth Social to voice his disapproval of Swift, as reported by <a href="https://thehill.com/homenews/campaign/4880798-harris-campaign-donald-trump-i-hate-taylor-swift-post/">The Hill</a>. 
The former president wrote, &#8220;I HATE TAYLOR SWIFT!&#8221; on the platform owned by his company Trump Media &amp; Technology Group Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>)
This followed Swift&#8217;s <a href="https://www.benzinga.com/general/entertainment/24/09/40807445/taylor-swift-says-i-will-be-casting-my-vote-for-kamala-harris-and-tim-walz-takes-a-dig-at-j">endorsement of Vice President Harris</a> earlier in the week. Harris&#8217;s campaign responded with a cleverly worded statement, using Swift&#8217;s song titles to satirize Trump&#8217;s recent actions.
The statement, issued by Harris&#8217;s campaign spokesperson Sarafina Chitika on social platform X, dubbed Trump as &#8220;Mr. Not-at-all Fine&#8221; and criticized him for overlooking American issues in favor of his personal grievances.
&#8220;Donald Trump's week of whining and spouting conspiracy theories has voters on both sides of the aisle ready to Forget That He Existed,&#8221; said Chitika. She referred to multiple Swift songs to say, &#8220;The American people want to be Out of the Woods of the chaos and division of the Trump era, leave behind the Blank Space of Trump's broken promises, and Begin Again by electing Vice President Harris to ensure America's future of opportunity is Long Lived.&#8221;
See Also: <a href="https://www.benzinga.com/news/24/09/40869086/trump-vs-harris-new-poll-reveals-post-debate-swing-towards-this-candidate-in-key-state?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Vs Harris: New Poll Reveals Post-Debate Swing Towards This Candidate In Key State</a>
Swift had previously praised Harris as a &#8220;steady-handed, gifted leader&#8221; on Instagram, contrasting her composed leadership with Trump&#8217;s tumultuous reign. Trump, however, dismissed Swift&#8217;s endorsement during a Fox &amp; Friends interview on Wednesday, labeling her as a &#8220;very liberal person&#8221;.
In response to Harris&#8217;s campaign&#8217;s mockery, Trump&#8217;s campaign shared an ABC News/Ipsos poll on social platform X, which indicated that only 6% of respondents were more likely to vote for Harris due to Swift&#8217;s endorsement.
Why It Matters: Swift&#8217;s endorsement of Harris came after a presidential debate on Tuesday. Swift&#8217;s public support for Harris resulted in a <a href="https://www.benzinga.com/general/entertainment/24/09/40824581/taylor-swifts-endorsement-of-kamala-harris-drives-over-330k-visitors-to-vote-gov">significant surge in traffic</a> to vote.gov, with over 330,000 visitors referred to the site via Swift&#8217;s custom link.
Following Swift&#8217;s endorsement, a Swift superfan <a href="https://www.benzinga.com/news/24/09/40866592/swifties-rally-for-kamala-harris-taylor-swift-superfan-organizes-online-push-for-democratic-ticket">organized an online campaign</a> to boost Harris&#8217;s presidential run. Despite the support from Swift and her fans, the ABC News/Ipsos poll suggests that Swift&#8217;s endorsement may not significantly influence the voting outcome.
Image via Shutterstock
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Trump's 'I Hate Taylor Swift' Met With Witty Response From Harris Campaign: 'The American People Want To Be Out Of The Woods'

President Joe Biden and Vice President Kamala Harris have expressed relief that former president Donald Trump has escaped unhurt in a <a href="https://www.benzinga.com/24/09/40869836/donald-trump-safe-and-unharmed-after-shooting-incident-at-florida-golf-club">second assassination attempt</a> in Florida.
What Happened: The Federal Bureau of Investigation reported that a man armed with an AK-style rifle tried to infiltrate the perimeter of the Trump International Golf Course in West Palm Beach. The Secret Service agents on duty reacted promptly, firing shots that led the man to abandon his weapon and escape in an SUV. He was later captured in a neighboring county, according to a report from The Hill.
Following the incident, Vice President Harris expressed her relief over Trump&#8217;s safety on social platform X, stating, &#8220;I am glad he is safe. Violence has no place in America.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I have been briefed on reports of gunshots fired near former President Trump and his property in Florida, and I am glad he is safe. Violence has no place in America.
&mdash; Vice President Kamala Harris (@VP) <a href="https://twitter.com/VP/status/1835403813475570113?ref_src=twsrc%5Etfw">September 15, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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The incident was confirmed by both Trump&#8217;s campaign and the White House. Steven Cheung, Trump&#8217;s communications director, reassured the public of the former president&#8217;s safety. The Secret Service and the Palm Beach County Sheriff's Office are currently investigating the incident.
President Joe Biden was also briefed on the matter, and the White House expressed relief at Trump&#8217;s safety. The Trump campaign later addressed the incident in a fundraising email, assuring supporters that Trump was safe and well.
See Also: <a href="https://www.benzinga.com/news/24/09/40808499/trump-vs-harris-debates-results-are-in-flash-poll-shows-resounding-majority-pick-vice-president-as-w?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Vs. Harris Debate&#8217;s Results Are In: Flash Poll Shows Resounding Majority Pick Vice President As Winner, But She Still Trails GOP Rival By 20 Points On This Issue</a>
Why It Matters: As reported earlier by Benzinga, this incident occurred around 2 p.m. when a Secret Service agent, a member of Trump's security detail, fired at a man seen with an assault rifle near the Trump International Golf Course West Palm Beach. Law enforcement sources indicated that they do not believe the suspect had an opportunity to fire at Trump. The authorities later found the assault rifle.
&#8220;We have somebody in custody right now,&#8221; said Palm Beach County Sheriff Ric Bradshaw at a news conference, reported Reuters. The outlet, citing The New York Times and Fox News, said that the suspect is Ryan Wesley Routh, a 58-year-old from Hawaii. Notably, Bradshaw didn&#8217;t name the suspect or give details on the motives.
This is the second attempt on the ex-president&#8217;s life this year. In July, the House Homeland Security Committee hearing <a href="https://www.benzinga.com/news/24/07/39921902/trump-assassination-attempt-new-details-emerge-from-pennsylvanias-police-commissioner-eight-shots-we">revealed new details</a> about the July 13 assassination attempt on Trump. 
Col. Christopher Paris testified that the prior assassin Thomas Crooks fired eight shots at a rally in Pennsylvania before being neutralized by Secret Service agents, contradicting previous reports. The FBI is investigating the incident as domestic terrorism, and the Secret Service Director resigned shortly after.
Image via Shutterstock
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Kamala Harris, Biden Express Relief That Trump Is Unhurt After Second Assassination Attempt: 'I Am Glad He Is Safe'

These seven mid-cap stocks were the best performers in the last week. Are they in your portfolio?
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Coeur Mining, Medical Properties Trust And RH Are Among Top 7 Mid Cap Stock Gainers Last Week (Sep 8-Sep 14): Are The Others In Your Portfolio?

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<li>Rentokil Initial plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTO#NYSE">RTO</a>) shares plummeted 19.65% after the company revised the guidance <a href="https://www.benzinga.com//node/40814655" target="_blank" rel="noreferrer noopener">for the second half of FY24</a>.</li>
<li>Ally Financial Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALLY#NYSE">ALLY</a>) stock dived 17.31% after the company&#8217;s CFO noted intensifying credit challenges among <a href="https://www.benzinga.com//node/40800069" target="_blank" rel="noreferrer noopener">borrowers at a conference</a>. Several analysts cut the <a href="https://www.benzinga.com//node/40811970" target="_blank" rel="noreferrer noopener">price target on the stock</a>.</li>
<li>Moderna, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>) shares dropped 11.26% after the company cut its R&amp;D expenses by $1.1 billion by 2027 and projected <a href="https://www.benzinga.com//node/40834547" target="_blank" rel="noreferrer noopener">2025 sales below expectations</a>. Many analysts <a href="https://www.benzinga.com/quote/mrna/analyst-ratings" target="_blank" rel="noreferrer noopener">lowered the price target</a>.</li>
<li>Humana Inc.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUM#NYSE">HUM</a>) stock decreased 9.93%, probably after this week&#8217;s <a href="https://www.benzinga.com/general/entertainment/24/09/40840076/trump-vs-harris-presidential-debate-viewership-tops-trump-biden-total-but-falls-short-of-re" target="_blank" rel="noreferrer noopener">Trump-Harris debate</a>.</li>
<li>Tyson Foods, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSN#NYSE">TSN</a>) stock was down 7.57%.</li>
<li>KE Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEKE#NYSE">BEKE</a>) shares decreased 7.14%.</li>
<li>Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) shares lost 5.69% last week following Q3 earnings. Several analysts cut their price forecasts for<a href="https://www.benzinga.com/quote/ADBE/analyst-ratings" target="_blank" rel="noreferrer noopener"> the stock</a>.</li>
<li>Ryanair Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RYAAY#NASDAQ">RYAAY</a>) shares fell 5.38%.</li>
<li>JPMorgan Chase &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) stock lost 5.05% last week after COO tempered analyst outlook.</li>
<li>Devon Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>) fell 4.87% last week. A JP Morgan analyst maintained Devon Energy with an Overweight rating and lowered the <a href="https://www.benzinga.com/quote/ADBE/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast from $64 to $51</a>.</li>
</ol>
Also Read:
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<li><a href="https://www.benzinga.com/news/24/09/40869287/chewy-broadcom-and-microstrategy-are-among-top-10-large-cap-stock-gainers-last-week-sep-8-sep-14-are" target="_blank" rel="noreferrer noopener">Chewy, Broadcom And MicroStrategy Are Among Top 10 Large Cap Stock Gainers Last Week (Sep 8-Sep 14): Are The Others In Your Portfolio?</a></li>
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Photo by Lutsenko_Oleksandr on Shutterstock

Large Cap

ADBE

ALLY

BEKE

MRNA

RYAAY

Moderna, Tyson Foods And Adobe Are Among Top 10 Large Cap Stock Losers Last Week (Sep 8-Sep 14): Are The Others In Your Portfolio?

<a href="https://apnews.com/live/trump-shooting-west-palm-beach-updates" title="https://apnews.com/live/trump-shooting-west-palm-beach-updates">https://apnews.com/live/trump-shooting-west-palm-beach-updates</a>

Palm Beach County Sheriff Said Gunman Had An AK-style Rifle With A Scope, Two Backpacks Hanging On A Fence And A GoPro Camera

-Reuters
<a href="https://www.reuters.com/world/us/trump-is-safe-following-gunshots-his-vicinity-says-campaign-2024-09-15/" title="https://www.reuters.com/world/us/trump-is-safe-following-gunshots-his-vicinity-says-campaign-2024-09-15/">https://www.reuters.com/world/us/trump-is-safe-following-gunshots-his-vicinity-says-campaign-2024-09-15/</a>

Palm Beach Law Enforcement Official Said Local Officials Arrested Suspect In Trump Golf Club Shooting Incident; Found An AK-47 Type Weapon; Official Said Trump Was Between 400 And 500 Yards Away From The Gunman

<a href="https://www.cnn.com/politics/live-news/trump-harris-election-09-15-24/index.html" title="https://www.cnn.com/politics/live-news/trump-harris-election-09-15-24/index.html">https://www.cnn.com/politics/live-news/trump-harris-election-09-15-24/index.html</a>

CNN Reporting FBI Investigating What Appears To Be An Attempted Assassination Of Trump

Donald Trump was abruptly escorted to safety following a shooting incident at his Florida golf club on Sunday afternoon. The event unfolded when a man, armed with an assault rifle, was seen in the vicinity of the club while Trump was present.
What Happened: As per a <a href="https://nypost.com/2024/09/15/us-news/shooting-reported-at-donald-trumps-golf-club-while-ex-president-was-on-grounds/">New York Post report</a>, the incident transpired around 2 p.m. when a Secret Service agent, a member of Trump&#8217;s security detail, fired at a man seen with an assault rifle near the Trump International Golf Course West Palm Beach. The suspect managed to escape the scene.
Law enforcement sources have indicated that they do not believe the suspect had an opportunity to fire at Trump. The authorities later found the assault rifle.
See Also: <a href="https://www.benzinga.com/news/24/09/40846236/i-have-a-bad-feeling-about-this-elon-musk-is-alarmed-about-moscow-nato-conflict-risk-if-ukraine-allo?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">&#8216;I Have A Bad Feeling About This&#8217; — Elon Musk Is Alarmed About Moscow-NATO Conflict Risk If Ukraine Allow</a>
Trump reached out to his supporters with a statement, reassuring them of his safety. &#8220;There were gunshots in my vicinity but before rumors start spiraling out of control, I wanted you to hear this first: I AM SAFE AND WELL!&#8221; he stated.
The suspect was subsequently captured by local police on I-95. His motives are still unclear. This incident follows an assassination attempt on Trump at a rally in Butler, Pa., two months ago.
The Secret Service is presently probing the incident in collaboration with the Palm Beach County Sheriff's office. The White House has confirmed that both President Joe Biden and Vice President Kamala Harris have been briefed about the situation and expressed relief at Trump&#8217;s safety.
Why It Matters: This incident, as reported by <a href="https://apnews.com/article/trump-shooting-gunshots-florida-f62f8378d3a8ce7b2e99d6a8fb40aba9">AP News</a>, is the second time in two months that Trump has been targeted. A man with an AK-style rifle had pointed the firearm's muzzle into Donald Trump's golf club in West Palm Beach, Florida, while the former president was playing a round, prompting the U.S. Secret Service to open fire. The FBI is investigating what they believe to be an &#8220;attempted assassination&#8221; of the former Republican presidential candidate. This raises serious concerns about the safety of political figures and the increasing instances of violence aimed at them.
Read Next: <a href="https://www.benzinga.com/news/24/09/40867103/nate-silver-if-trump-loses-he-will-have-let-election-slip-out-of-his-grasp-as-underlying-factors-fav?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Nate Silver: If Trump Loses, He Will Have Let Election &#8216;Slip Out Of His Grasp&#8217; As Underlying Factors Favor Him Despite Harris&#8217; Poll Lead</a>
This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.

Donald Trump Safe And Unharmed After Shooting Incident At Florida Golf Club

The <a href="https://www.benzinga.com/news/24/09/40806876/final-showdown-trump-and-harris-face-off-in-intense-debate-just-eight-weeks-before-election-day">presidential debate held last week</a> did little to alter the equation between Republican candidate Donald Trump and his Democratic rival Kamala Harris, new poll results published on Sunday showed.
The Head-to-Head Tally: Harris received 51% support among registered voters compared to 47% support for Trump, the <a href="https://www.langerresearch.com/wp-content/uploads/1236a1AftertheHarris-TrumpDebate.pdf">poll</a> conducted by ABC News, who hosted the debate, along with Ipsos showed. The former&#8217;s slight lead is statistically unchanged from the previous ABC/Ipsos poll conducted before the debate.
The survey was conducted between Sept. 11-13 and 3,276 adults were surveyed for the purpose.
Among likely voters, the tally was 52%-46% in favor of Harris, unchanged from the numbers seen before the debate.
The share of Harris supporters who strongly backed her was 62%, while Trump supporters who strongly backed him was at 56%, down from 60% at the end of August.
The survey found that<a href="https://www.benzinga.com/news/24/09/40866592/swifties-rally-for-kamala-harris-taylor-swift-superfan-organizes-online-push-for-democratic-ticket"> Taylor Swift&#8217;s endorsement</a> had little impact. Merely 6% said the popular singer-songwriter's endorsement of Harris makes them more likely to vote for her. While 13% said it makes them less likely to support her, 81% saying it makes no difference. 
See Also: <a href="https://www.benzinga.com/news/24/09/40867103/nate-silver-if-trump-loses-he-will-have-let-election-slip-out-of-his-grasp-as-underlying-factors-fav">Nate Silver: If Trump Loses, He Will Have Let Election &#8216;Slip Out Of His Grasp&#8217; As Underlying Factors Favor Him Despite Harris&#8217; Poll Lead</a>
Debate Performance: Harris won hands down, according to the respondents, with 58% picking her as the winner and 36% opining that Trump won. Thirty-seven of the respondents said the debate made them think more favorably about the vice president, more than double that of the 17% who felt the same about Trump. Thirty percent of the respondents said the debate made them feel less favorably about the former president.
The benefit for Harris came from her voter base, as 60% of the Democratic and Democratic-leaning independent voters said the debate made them feel more favorably toward her. On the other hand, only 34% of the Republican and Republican-leaning independent voters said the debate made them see Trump more favorably.
&#8220;The absence of movement in vote preferences, despite a 22-point tilt to Harris as having won the debate, marks the sharply polarized nature of the electorate,&#8221; the pollster said. &#8220;Almost everyone has a preference between Harris or Trump, and among those who do, few say they'd even consider the other,&#8221; it added.
Among demographics, Harris led Trump among women, while among men, both were neck-on-neck. She had a 13-point lead over Trump among registered voters in the 18-29 years age category and a stronger 19-point lead among likely voters. The vice president&#8217;s good showing in this category is primarily attributable to strong support among women in this age group. 
Harris had a thumping 81% support among Black registered voters and 89% support among likely voters in this racial group. She also led among Hispanic voters, with 7% support, while among white registered voters, she trailed by a 43%-54% margin.
Voter Issues: The economy and inflation continue to dominate as the top issues in the election, and Trump led Harris by seven points in voter trust in his ability to handle both. He had a 10-point lead over Harris in voter trust to handle immigration.
On the other hand, Harris had a seven-point lead on &#8220;protecting American democracy&#8221; and a 9-point lead on handling health care. The two remain evenly matched on crime and safety.
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Trump Vs. Harris: Vice President's Strong Debate Showing, Taylor Swift Endorsement Do Not Move Needle On Her Poll Numbers As Pollster Cites This Reason

Former White House Communications Director Anthony Scaramucci has criticized Donald Trump&#8216;s alliance with far-right activist Laura Loomer, calling it a <a href="https://www.benzinga.com/news/24/08/40301432/kamala-harris-surges-ahead-of-trump-in-key-states-young-americans-bank-on-harris-for-economic-reviva">move towards extreme nativism</a>.
What Happened: Scaramucci went on X to express his concerns about the Trump-Loomer alliance. He described it as an inevitable outcome, given Trump&#8217;s current advisory circle. According to Scaramucci, these advisors are exploiting Trump&#8217;s ego to pursue their radical visions of a white ethnostate.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Trump-Loomer couple was inevitable. Trump is now guided by his most extreme and nativist advisors who play off his ego to fulfill half-baked visions of a white ethnostate. The mask is off &#8211; it&#39;s time all moderate Republicans stand up.<a href="https://twitter.com/AC360?ref_src=twsrc%5Etfw">@AC360</a> <a href="https://t.co/uzbAZ3lZQ8">pic.twitter.com/uzbAZ3lZQ8</a>
&mdash; Anthony Scaramucci (@Scaramucci) <a href="https://twitter.com/Scaramucci/status/1834680864313061541?ref_src=twsrc%5Etfw">September 13, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Scaramucci&#8217;s tweet was a direct call to action for moderate Republicans. &#8220;The mask is off &#8211; it&#8217;s time all moderate Republicans stand up,&#8221; he wrote. 
This statement implies an urgent need for intervention from moderate voices within the Republican party to counterbalance the extreme ideologies.
Also Read: <a href="https://www.benzinga.com/news/24/09/40761709/anthony-scaramucci-trump-will-lose-then-start-panicking-over-november-sentencing">Anthony Scaramucci: Trump Will Lose, Then &#8216;Start Panicking&#8217; Over November Sentencing</a>
Why It Matters: Scaramucci&#8217;s comments come at a time when the Republican party is grappling with internal divisions. The alliance between Trump and Loomer, a controversial political figure known for her extreme views, is seen by some as a move towards more radical politics. 
This shift could potentially alienate moderate Republicans and further polarize the party.
Scaramucci&#8217;s call to action suggests a growing concern among some Republicans about the direction the party is taking. His comments reflect a desire for a more balanced and inclusive Republican party that can appeal to a broader demographic.
Read Next
<a href="https://www.benzinga.com/news/24/08/40666453/scaramucci-trump-is-in-trouble-and-he-knows-it-slams-him-on-conflicting-abortion-statements-hes-shot" target="_blank" rel="noreferrer noopener">Scaramucci: ‘Trump Is In Trouble And He Knows It', Slams Him On Conflicting Abortion Statements: ‘He's Shotgunning Out Statements And Words'</a>
This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Scaramucci Says Trump-Loomer Union Marks Dangerous Shift Towards Extreme Nativism

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
<div><img src="https://investorplace.com/wp-content/uploads/2019/09/bankruptcy.jpg" alt='A green road sign reads "Bankruptcy Next Exit" in front of a cloudy blue sky.' width="1600" height="900"><div>Source: Shutterstock</div></div>
Retail drugstore chain Rite Aid (NYSE:<a href="https://investorplace.com/stock-quotes/rad-stock-quote/">RAD</a>) is the latest U.S. company to prepare a bankruptcy filing amid a wave of corporate failures this year.
Indeed, multiple media outlets are reporting that Rite Aid, one of the largest pharmacy chains in America, is <a href="https://www.wsj.com/articles/rite-aid-planning-to-shut-down-hundreds-of-stores-in-bankruptcy-de7967db" target="_blank">planning to file for Chapter 11 bankruptcy protection</a> from its creditors and close as many as 500 retail outlets. The company, which has 2,100 stores nationwide, plans to sell the rest of its retail locations or let creditors take control of them.
This <a href="https://www.nbcnews.com/business/business-news/rite-aid-drugstore-chain-may-sell-500-stores-bankruptcy-plan-rcna117407" target="_blank">bankruptcy plan</a> comes as Rite Aid teeters under $3.3 billion of debt and struggles with declining sales. The company has said that it isn&rsquo;t generating enough cash to service its current debt obligations.
RAD stock has declined more than 90% over the last 12 months and currently trades for around 57 cents per share, putting it deep down on the penny stock league tables.
<h2>Notable Names File for Chapter 11 Bankruptcy</h2>
Rite Aid is the latest in a series of U.S. companies &mdash; notably retailers &mdash; that have filed for Chapter 11 bankruptcy in recent months. Other names that have <a href="https://www.thestreet.com/retailers/another-popular-u-s-retailer-files-an-unexpected-bankruptcy" target="_blank">sought protection from creditors</a> include Bed Bath &amp; Beyond (OTCMKTS:<a href="https://investorplace.com/stock-quotes/bbbyq-stock-quote/">BBBYQ</a>), Party City (OTCMKTS:<a href="https://investorplace.com/stock-quotes/prtyq-stock-quote/">PRTYQ</a>), Tuesday Morning (OTCMKTS:<a href="https://investorplace.com/stock-quotes/tuemq-stock-quote/">TUEMQ</a>) and David&rsquo;s Bridal. Many of these companies overbuilt and overspent during the pandemic, taking on debt only to see their sales slow.
Bankruptcies appear to be accelerating with several smaller companies filing for Chapter 11 in recent days as well, including retailer Noble House, Elmer Buchta Trucking&nbsp;and MV Realty. In August, trucking giant Yellow (OTCMKTS:<a href="https://investorplace.com/stock-quotes/yellq-stock-quote/">YELLQ</a>) also <a href="https://www.reuters.com/business/autos-transportation/us-trucking-firm-yellow-files-bankruptcy-after-loading-up-debt-2023-08-07/" target="_blank">filed for bankruptcy</a>, putting 30,000 employees out of work and sending shockwaves through the stock market.
According to statistics from the Administrative Office of the U.S. Courts, the <a href="https://www.uscourts.gov/news/2023/07/31/bankruptcy-filings-rise-10-percent#:~:text=According%20to%20statistics%20released%20by,year%20ending%20June%2030%2C%202023." target="_blank">number of business bankruptcies</a> filed in America rose 23% in the 12 months ended June 30 of this year.
<h2>Declining Sales and Labor Unrest</h2>
These bankruptcy filings come amid a background of declining consumer spending and <a href="https://www.cnn.com/videos/world/2023/09/17/exp-uaw-labor-union-strikes-intv-logan-091705aseg2-cnni-us.cnn" target="_blank">labor unrest across the country</a>. Unions representing groups as diverse as Hollywood actors and automotive workers are currently walking picket lines throughout the United States. Earlier this year, <a href="https://www.cnn.com/2023/07/15/business/united-airlines-pilots-deal/index.html" target="_blank">airline pilots wrung big concessions</a> from major carriers, with pilots at United Airlines (NASDAQ:<a href="https://investorplace.com/stock-quotes/ual-stock-quote/">UAL</a>) securing pay increases of up to 40% over four years. A major labor strike was <a href="https://www.nbcnews.com/business/business-news/ups-workers-approve-new-contract-hard-fought-pay-safety-gains-rcna100466" target="_blank">narrowly averted</a> at United Parcel Service (NYSE:<a href="https://investorplace.com/stock-quotes/ups-stock-quote/">UPS</a>) this summer.
As workers flex their bargaining muscles, companies are struggling with a decline in consumer spending amid high inflation and elevated interest rates used to lower consumer prices. Costco (NASDAQ:<a href="https://investorplace.com/stock-quotes/cost-stock-quote/">COST</a>) is the latest retailer to note that consumers are <a href="https://www.cnbc.com/2023/09/26/costco-cost-earnings-q4-2023.html" target="_blank">spending less on big-ticket purchases</a> and discretionary items as they focus on essentials such as groceries. Earlier this week, the Conference Board reported that consumer confidence has <a href="https://www.reuters.com/markets/us/us-consumer-confidence-ebbs-september-2023-09-26/" target="_blank">fallen to a four-month low</a> amid rising gas prices and interest rates charged on home mortgages.
The decline in consumer confidence was felt most strongly by people who earn $50,000 or more per year, according to the Conference Board. Many economists are still predicting that the U.S. economy will <a href="https://fortune.com/2023/09/01/recession-2024-likely-corporate-debt-strategist-warns/" target="_blank">fall into a recession in 2024</a>, a development that could lead to more bankruptcy filings among corporate America.
<h2>What&rsquo;s Next?</h2>
Rite Aid is expected to officially file for Chapter 11 bankruptcy in the coming days. That will be bad news for any shareholders who are still holding onto RAD stock. However, Rite Aid is unlikely to be the last well-known company to seek creditor protection this year as consumer spending slows sharply amid a decelerating economy. Expect <a href="https://www.visualcapitalist.com/visualized-u-s-corporate-bankruptcies-on-the-rise/" target="_blank">more companies to go under</a> in the coming months.
On the date of publication, Joel Baglole did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://na01.safelinks.protection.outlook.com/?url=https%3A%2F%2Finvestorplace.com%2Fcorporate%2Finvestorplace-publishing-guidelines%2F&amp;data=05%7C01%7C%7C04c34d215d76473a4eb008db796f525e%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C638237291244010581%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=%2BYGWj9yNgQgdyF2DC1D1%2BeHsQhIV83fMm46sU8o5dPw%3D&amp;reserved=0" target="_blank">Publishing Guidelines.</a>
<div>
Joel Baglole has been a business journalist for 20 years. He spent five years as a staff reporter at The Wall Street Journal, and has also written for The Washington Post and Toronto Star newspapers, as well as financial websites such as The Motley Fool and Investopedia.
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The post <a href="https://investorplace.com/2023/09/bankruptcy-news-2023-8-companies-that-have-filed-for-ch-11-this-year/">Bankruptcy News 2023: 8 Companies That Have Filed for Ch. 11 This Year</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

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