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Hoku Corp

Kamala Harris is clarifying her economic stance as she gears up for the 2024 presidential race. One of her key targets? Donald Trump&#8217;s approach to tariffs. In a recent <a href="https://www.youtube.com/watch?v=36ovmQj7gbQ">interview</a>, Harris criticized Trump's plan to impose tariffs on U.S. imports, calling it reckless and poorly thought out.
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"He's just not very serious about how he thinks about some of these issues," Harris said, pointing to Trump's economic policies. She emphasized that tariffs shouldn't be thrown around lightly because they can have real consequences for everyday Americans.
While tariffs sometimes <a href="https://www.benzinga.com/markets/asia/24/09/40856820/biden-hikes-tariffs-on-chinese-goods-alibaba-jd-com-stocks-drop">protect domestic industries</a>, Harris believes Trump's broad approach is misguided. Instead of benefiting the American economy, she thinks his plan would hurt families already struggling with inflation by making everyday items more expensive.
Trending: Beating the market through ethical real estate investing' — t<a href="https://www.benzinga.com/money/invest-with-roots">his platform aims to give tenants equity in the homes they live in while scoring 17.17% average annual returns for investors – here&#8217;s how to join with just $100</a>
Billionaire investor <a href="https://www.benzinga.com/personal-finance/24/09/41093167/billionaire-howard-marks-calls-out-trump-and-harris-policies-ignore-economic-reality-with-tariff">Howard Marks has also weighed in on this topic</a>. Like Harris, Marks isn't convinced that Trump's tariffs are a good idea. In his latest memo, Marks stated that while tariffs could stimulate U.S. output, they would raise consumer prices. He warned that Trump's 10% tariff plan would essentially tax the average American, burdening families with higher costs.
However, Marks isn&#8217;t sold on Harris&#8217;s anti-price gouging policy either. The current VP wants to tackle grocery inflation, but Marks thinks she&#8217;s missing the bigger picture. "There's nothing wrong with trying to bring down the cost of necessities. However, the best way to do this is to encourage additions to supply."
Trending: These five entrepreneurs are worth $223 billion –<a href="https://www.benzinga.com/money/arrived-homes-private-credit-fund"> they all believe in one platform that offers a 7-9% target yield with monthly dividends</a>
And it seems that Harris listened because, as she said in that interview, &#8220;Supply that is without any question part of the solution. Creating more supply under my plan includes creating tax incentives to work with the private sector and homebuilders.&#8221;
Nevertheless, Harris contrasts her approach with Trump's, emphasizing the need for detailed analysis and long-term thinking. "One must be serious and have a plan, and a real plan that&#8217;s not just about some talking point ending in an exclamation at a political rally but putting the thought into what will be the return on the investment, what will be the economic impact on everyday people," she said.&nbsp;
See Also: <a href="https://www.benzinga.com/money/irs-finalizes-10-year-rule-adv">IRS Finalizes 10-Year Rule For Retirement Withdrawals, Making Things &#8216;Even More Insanely Complicated&#8217;</a>
For Harris, economic policy is about understanding the ripple effects and ensuring changes are carefully considered before implementation.
Vice President Kamala Harris recently admitted that the Biden administration kept some of Trump's tariffs. Still, she criticized his new plan, calling it a "20% sales tax on everyday items people need to make it through the month."
Like any policy, the full impact on voters isn't always clear from sound bites coming from both sides. However, most <a href="https://www.benzinga.com/news/24/07/39630382/paul-krugman-says-trump-tariffs-will-hurt-80-of-americans-benefit-only-the-top-1-burden-would-fall-o">economists agree that higher tariffs</a> usually <a href="https://www.benzinga.com/personal-finance/24/09/40961812/economists-warn-trumps-plans-for-tax-cuts-tariffs-and-deportation-could-trigger-skyrocketing-inf">result in higher prices for American consumers</a>.
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Startups

'He's Just Not Very Serious' Says Kamala Harris – 'You Don't Just Throw Around The Idea Of Tariffs Across The Board'

It&#8217;s been over a decade since legendary Apple Inc. co-founder Steve Jobs left us, but his impact on the world of technology and beyond continues to resonate.
On Oct. 5, the <a href="https://www.benzinga.com/general/23/11/35753841/steve-jobs-experienced-extreme-regret-in-the-final-days-before-his-death-saying-i-wanted-my-kids-to">anniversary of his passing</a>, it&#8217;s worth taking a moment to reflect on the journey of this tech visionary who transformed not just how we use computers, but how we live our daily lives.
The Early Days: A Spark Of Genius
Jobs&#8217; story begins in San Francisco, where he was born in 1955 and later adopted by Paul and Clara Jobs. From an early age, he showed a keen interest in electronics, tinkering with gadgets in his family&#8217;s garage.
As a teenager, Jobs&#8217; rebellious spirit and thirst for knowledge led him to Reed College. Though he dropped out after just one semester, he continued to audit classes that piqued his interest.
One of these was a calligraphy course, which might seem like an odd choice for a future tech mogul. But Jobs later credited this class with influencing Apple&#8217;s groundbreaking approach to typography and design.
See Also: <a href="https://www.benzinga.com/news/24/07/39833269/apple-co-founder-steve-jobs-drew-inspiration-from-beatles-on-building-great-teams-they-were-four-ver">Apple Co-Founder Steve Jobs Drew Inspiration From Beatles On Building Great Teams: &#8216;They Were Four Very Talented Guys Who…&#8217;</a>
Most Valuable Company Today Had Humble Beginnings
The story of <a href="https://www.benzinga.com/general/education/20/01/15157731/great-american-companies-a-brief-history-of-apple-inc">Apple&#8217;s humble beginnings</a> in a garage has become the stuff of Silicon Valley legend.
In 1976, Jobs and his friend Steve Wozniak founded Apple Computer Company. Their first product, the Apple I, was essentially a circuit board that hobbyists could use to build their own computers.
However, the Apple II, released in 1977, really put them on the map.
The Apple II wasn&#8217;t just a computer for geeks – it was a machine that regular people could use.
Apple today has a market capitalization of $3.448 trillion, making it the most valuable company in the world.
The Macintosh Revolution
Fast forward to 1984, and Apple was ready to change the world again with the Macintosh.
This was the first commercially successful computer to feature a graphical user interface (GUI) and a mouse.
If you&#8217;ve ever used a computer with icons and windows (which, let&#8217;s face it, is pretty much every computer nowadays), you can thank Jobs and his team for pushing this revolutionary idea into the mainstream.
But It Was Not Always Smooth Sailing
In 1985, after a <a href="https://www.benzinga.com/general/education/17/01/8884660/why-rehiring-steve-jobs-was-the-best-move-apple-ever-made">power struggle</a> with then-CEO John Sculley, Jobs left Apple, the company he had co-founded. It was a huge blow, but Jobs wasn&#8217;t one to sit idle.
He went on to found NeXT, a company that aimed to create high-end computers for the education market. While NeXT didn&#8217;t achieve the commercial success Jobs had hoped for, it would later play a crucial role in Apple&#8217;s future.
From Side Project To Animation Powerhouse
During his time away from Apple, Jobs also bought a little <a href="https://www.benzinga.com/general/24/03/37921097/steve-jobs-didnt-become-a-billionaire-because-of-apple-it-was-actually-pixar-and-the-toy-story-movie">computer graphics division</a> from Lucasfilm. This would become Pixar Animation Studios.
Under Jobs&#8217; guidance, Pixar went from a tech company to an animation powerhouse, releasing groundbreaking films like &#8220;Toy Story&#8221; and forever changing the landscape of animated storytelling.
…And Then The Prodigal Son Returns
By the mid-90s, Apple was struggling. The company that had once been at the forefront of personal computing was floundering, with a confusing product line and declining sales.
In a twist of fate, Apple announced that it <a href="https://www.benzinga.com/markets/equities/23/12/36321524/if-you-invested-1000-in-apple-when-it-announced-next-acquisition-to-bring-back-steve-jobs-heres-">was acquiring NeXT in 1996</a>, bringing Jobs back into the fold as an advisor.
He quickly became interim CEO (or &#8220;iCEO&#8221; as he jokingly called himself) and set about turning the company around.
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.
The Apple Renaissance
Jobs&#8217; return to Apple marked the beginning of one of the greatest comebacks in business history. He streamlined the product line, focusing on simplicity and design.
The result? A string of iconic products that would redefine entire industries:
<ol>
<li>The iMac (1998): A colorful, <a href="https://www.benzinga.com/markets/equities/23/05/32259104/if-you-invested-1000-in-apple-when-imac-was-unveiled-25-years-ago-heres-how-much-youd-have-now">all-in-one computer</a> that made technology fun and accessible.</li>
<li>The iPod (2001): <a href="https://www.benzinga.com/general/education/23/02/30716530/if-you-bought-1-000-in-apple-stock-when-the-ipod-was-released-heres-how-much-youd-have-now">Not the first</a> MP3 player, but the one that made digital music mainstream.</li>
<li>The iPhone (2007): A device that put the internet, a music player, and a phone in your pocket, changing the way <a href="https://www.benzinga.com/news/23/01/30336631/the-iphone-was-unveiled-16-years-ago-heres-how-much-1-000-invested-in-apple-stock-after-the-debut-is">we communicate forever</a>.</li>
<li>The iPad (2010): Bridging the <a href="https://www.benzinga.com/general/education/21/01/19345275/this-day-in-market-history-apple-unveils-original-ipad-1">gap between</a> smartphones and laptops, creating a new category of device.</li>
</ol>
The Jobs Philosophy
What set Jobs apart wasn&#8217;t just his ability to create great products, but his unwavering commitment to certain principles:
Simplicity: Jobs believed that technology should be intuitive and easy to use.
Design: He saw beauty in minimalism and insisted that even the parts users couldn&#8217;t see should be well-designed.
Integration: Jobs pushed for seamless integration between hardware and software, creating ecosystems that just worked.
He once said, "Being the richest man in the cemetery doesn&#8217;t matter to me. Going to bed at night saying we&#8217;ve done something wonderful [at Apple], that&#8217;s what matters to me."
The Final Chapter
In 2003, Jobs was diagnosed with a <a href="https://www.benzinga.com/general/24/01/36832060/steve-jobs-followed-an-extreme-diet-consisting-of-certain-fruits-and-vegetables-and-fasting-for-days">rare form of pancreatic cancer</a>. Despite this setback, he continued to lead Apple, overseeing some of the company&#8217;s most innovative years.&nbsp;
However, his health struggles eventually led to him stepping down as CEO in Aug. 2011.
On Oct. 5, 2011, he passed away, leaving behind a legacy that had fundamentally changed multiple industries – computing, music, movies, telecommunications, and retail.
The Legacy Lives On
Today, Apple continues to be one of the world&#8217;s most valuable and influential companies. While it has evolved under the leadership of Tim Cook, many of Jobs&#8217; core principles still guide the company.
But Jobs&#8217; influence extends far beyond Apple. His vision of technology as a tool to enrich our lives has shaped the entire tech industry. From the smartphones we carry in our pockets to the way we consume media, Jobs&#8217; fingerprints are everywhere.
He once said, &#8220;The people who are crazy enough to think they can change the world are the ones who do.&#8221; He was certainly one of those people, and the world is all the richer for it.
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>.
Read Next: <a href="https://www.benzinga.com/news/24/08/40591422/steve-jobs-once-said-he-was-a-millionaire-at-23-worth-10m-by-24-and-had-100m-by-25-this-shaped-his-d">Steve Jobs Once Said He Was A Millionaire At 23, Worth $10M By 24, And Had $100M by 25 — This Shaped His Decision To Stay On A $1 Salary Throughout His Time At Apple</a>
Disclaimer:&nbsp;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.
Photo courtesy: Shutterstock

Tech

Legendary Apple Co-Founder Steve Jobs Once Said, 'Being The Richest Man In The Cemetery Doesn't Matter To Me:' Maybe That's Why His Impact Transcends Financial Success For iPhone-Maker And Beyond

With one month to go, Kamala Harris is slightly ahead of Donald Trump in the presidential race, <a href="https://www.benzinga.com/news/24/08/40667209/trump-vs-harris-new-polls-reveal-this-candidate-is-outperforming-in-swing-states">as per recent polling data</a>.
What Happened: Recent surveys indicate that Harris is leading Trump by a margin of two to five points, with less than five weeks remaining until the election.
The latest Emerson poll reveals Harris leading with 50% against Trump&#8217;s 48%. The Morning Consult&#8217;s weekly <a href="https://pro.morningconsult.com/trackers/2024-presidential-election-polling">poll</a> also shows Harris ahead by five points, 51% to 46%. Similar results were seen in a Susquehanna <a href="https://x.com/SusquehannaPR/status/1841524316082778119">poll</a> and an Economist/YouGov <a href="https://today.yougov.com/politics/articles/50629-harris-leads-vp-debate-media-filibuster-eric-adams-september-29-october-1-2024-economist-yougov-poll">poll</a> released this week, with Harris leading by five and three points respectively.
But despite Harris lead, her advantage has slightly diminished over the past two months, peaking at 3.7 points in late August, as per FiveThirtyEight's weighted polling average. RealClearPolitics' latest polling average shows Harris leading Trump by 2.2 points.
According to a Cook Political Report survey, Harris is leading Trump by one point overall in the seven battleground states likely to decide the election. However, the NBC News/Telemundo/CNBC <a href="https://www.nbcnews.com/politics/2024-election/poll-harris-trump-democrats-advantage-latino-voters-continues-shrink-rcna172686">poll</a> indicates that Harris&#8217; lead among Latinos is dwindling.
Pre-debate surveys suggested that Harris' polling surge seemed to have reached a plateau. Although most post-debate surveys indicate that the majority of respondents believe Harris won the debate, it was not enough to significantly impact the race between the two candidates.
Also Read: <a href="https://www.benzinga.com/news/24/09/41082772/harris-vs-trump-new-polls-show-tight-race-in-battleground-states">Harris Vs Trump: New Polls Show Tight Race In Battleground States</a>
Also a <a href="https://www.genderontheballot.org/wp-content/uploads/2024/10/6574-GOTB-2024-Deck-c2_release.pdf">poll</a> conducted by American University (AU) and the Benenson Strategy Group revealed that 51% of women trust Harris to tackle inflation and the high cost of gas and groceries. This is in contrast to the 37% who trust her GOP rival, Trump, on these issues.
The survey also showed that Harris and her running mate, Minnesota Gov. Tim Walz, are trusted more on immigration, another key issue with the election just over a month away. Harris&#8217;s favorability among independent women has increased by 23 points since last year, with 51% finding her favorable.
Furthermore, the poll emphasized that the economy and inflation are the most important issues for women in the 2024 White House race, with 64% of respondents indicating this. Harris currently holds a 3.7-point lead over Trump nationally, according to The Hill/Decision Desk HQ's polling index.
Why It Matters: The close race between Harris and Trump underscores the deeply divided political landscape in the United States. 
The shrinking lead of Harris, particularly among Latinos, could be a cause for concern for her campaign. The outcome of the election could hinge on the seven battleground states, where the race is currently too close to call. 
The impact of the debates on the polling numbers also highlights the importance of these events in shaping public opinion. Also Harris&#8217; lead over Trump and her increased favorability among independent women could potentially influence the election results.
Read Next
<a href="https://www.benzinga.com/news/24/09/41080153/trump-vs-harris-this-candidate-skyrockets-in-election-forecast-poised-to-secure-victory-in-four-swin" target="_blank" rel="noreferrer noopener">Trump Vs Harris: This Candidate Skyrockets in Election Forecast, Poised To Secure Victory In Four Swing States</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.

Politics

Polls Suggest This Candidate Holds Slim Lead In Presidential Race With One Month To Go

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