 (OTC:LBVDS) Stock, Quote.Headers.trade-ideas

On Tuesday, during the first and probably the final <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 between</a> Donald Trump and Kamala Harris, the ex-President alleged that Joe Biden harbors a secret animosity toward the Vice President.
What Happened: During the debate, Trump said that Biden has a hidden resentment towards Harris, his successor as the Democratic presidential nominee.
He said &#8220;They&nbsp;threw [Biden] out of office.&nbsp;And you know what? I&nbsp;give you a little secret.&nbsp;He hates her. He can stand her.&#8221; 
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/09/40761709/anthony-scaramucci-trump-will-lose-then-start-panicking-over-november-sentencing?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Anthony Scaramucci: Trump Will Lose, Then &#8216;Start Panicking&#8217; Over November Sentencing</a>
Why It Matters: Biden and Harris faced off during the Democratic primaries for the 2020 election, where they had several heated exchanges on stage before joining forces on the Democratic ticket that year.
After the calls for Biden to step down from his candidacy increased, the <a href="https://www.benzinga.com/general/politics/24/07/39874057/biden-drops-out-of-2024-race-in-bombshell-announcement-it-has-been-the-greatest-honor-of-my-life">President announced his decision</a> to not seek re-election in the 2024 race. At the time, he stated that he would focus on fulfilling his duties as President for the rest of his term.
Last month, <a href="https://www.benzinga.com/news/24/08/40462560/biden-takes-jabs-at-trump-while-championing-harris-as-a-president-our-children-can-look-up-to">Biden endorsed Vice President</a> Harris for the presidency at the Democratic National Convention (DNC). He praised Harris&#8217;s accomplishments and potential and supported her economic agenda.
At the time, Biden also referred to Trump saying, &#8220;Crime will keep going down when we put a prosecutor in the Oval Office instead of a convicted felon," referring to Trump.
Photo Courtesy: Shutterstock
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<li><a href="https://www.benzinga.com/news/24/09/40764734/mary-trump-donald-trump-could-be-incredibly-dangerous-why-muted-mic-wont-be-advantage-for-ex-preside?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mary Trump: Donald Trump Could Be &#8216;Incredibly Dangerous&#8217;: Why Muted Mic Won&#8217;t Be Advantage For Ex-President At Tuesday Debate</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

News

Politics

Trump Says Biden Has A Secret Animosity Toward Kamala Harris Because He Was Forced To Drop Out: 'He Hates Her. He Can't Stand Her'

Pop icon&nbsp;Taylor Swift&nbsp;has publicly thrown her support behind Vice President&nbsp;Kamala Harris for the 2024 presidential race.
What Happened: On Tuesday, following Harris&#8217;&nbsp;debate with former President Donald&nbsp;Trump, Swift took to Instagram and announced her endorsement.
In the post, she expressed her belief in Harris and her running mate,&nbsp;Tim Walz&nbsp;(D-Minn) stating that they stand&nbsp;for the rights and causes&nbsp;she supports.
&#8220;I will be casting my vote for Kamala Harris and Tim Walz in the 2024 Presidential Election,&#8221; she stated.
She also addressed an incident where an AI version of her was falsely shown endorsing Trump. &#8220;It brought me to the conclusion that I need to be very transparent about my actual plans for this election as a voter.&#8221;
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/09/40767860/mark-cuban-praises-elon-musks-ai-chatbot-grok-for-answering-kamala-harris-pov-on-immigration-i-think?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Cuban Praises Elon Musk&#8217;s AI Chatbot Grok For Answering Kamala Harris&#8217; POV On Immigration: &#8216;I Think It&#8217;s Accurate&#8217;</a>
Swift concluded the post by referring to herself as a &#8220;childless cat lady,&#8221; referencing a phrase that Sen. JD Vance (R-Ohio), Trump's running mate, had used to mock Democrats.
<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/10235538/Screenshot-2024-09-11-at-9.25.26%E2%80%AFAM-1024x713.png" alt="" class="wp-image-541138" /></figure>
After Swift announced her endorsement, Tesla and SpaceX CEO Elon Musk responded to a user on X, who said that the election has now turned into &#8220;Elon vs Taylor.&#8221;
The Tesla CEO reacted with an emoji of a face with tears.
<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">&#x1f602;
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1833714163618902404?ref_src=twsrc%5Etfw">September 11, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: This is not Swift&#8217;s first foray into politics. In 2020, she <a href="https://www.benzinga.com/general/entertainment/24/09/40804934/taylor-swift-endorsed-biden-and-harris-in-2020-will-she-back-vice-president-again-in-final-">supported the Joe Biden-Harris ticket</a>, and in the 2018 midterms, she endorsed two Democratic candidates from Tennessee.
Swift&#8217;s endorsement comes after a group of her fans, known as Swifties, formed an online community supporting Harris. The group, which Swift is not affiliated with, raised over $122,000 for the Harris-Walz campaign in August, <a href="https://edition.cnn.com/2024/09/10/entertainment/taylor-swift-endorsement-kamala-harris/index.html">reported</a> CNN.
Image via Shutterstock
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/general/politics/24/09/40783924/trump-vs-harris-election-forecaster-with-9-out-of-10-accurate-predictions-makes-final-call-says-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Vs. Harris: Election Forecaster With 9 Out Of 10 Accurate Predictions Makes Final Call, Says This Person Will Be &#8216;Next President Of The United States&#8217;</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Entertainment

Taylor Swift Says 'I Will Be Casting My Vote For Kamala Harris And Tim Walz,' Takes A Dig At JD Vance By Calling Herself A 'Childless Cat Lady'

Renowned economist Peter Schiff challenged MicroStrategy Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) co-founder Michael Saylor&#8217;s argument that Bitcoin&#8217;s scarce supply would continue to drive its price higher.
What Happened: In an X post on Tuesday, Schiff acknowledged Bitcoin&#8217;s deflationary character but argued that it would be beneficial as long as it is supported by robust demand and existing holders don&#8217;t sell.
&#8220;But when the supply of new buyers runs low and those who own it want or need to sell it, the lack of new demand causes the price to crash,&#8221; the staunch Bitcoin critic asserted.
<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">Yes, <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> has a limited supply. As long as more people want to buy it, but those who already own it don&#39;t sell, the price goes up. But when the supply of new buyers runs low and those who own it want or need to sell it, the lack of new demand causes the price to crash.<a href="https://twitter.com/saylor?ref_src=twsrc%5Etfw">@saylor</a>
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1833566109422760439?ref_src=twsrc%5Etfw">September 10, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
When pointed out by other X users in response that what he stated was obvious, Schiff said it was directed at Saylor&#8217;s justification for buying Bitcoin due to scarcity. &#8220;But he ignores what happens when demand is scarce,&#8221; Schiff added.
On a counter-question to what would happen if gold doesn&#8217;t have adequate demand, Schiff said, &#8220;There will always be demand for gold. Gold is a metal that will always be needed. There will not always be demand for Bitcoin.&#8221;
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40806986/mark-cuban-shares-arguments-by-elizabeth-warrens-pro-crypto-challenger-john-deaton-as-figh">Mark Cuban Shares Arguments By Elizabeth Warren&#8217;s Pro-Crypto Challenger John Deaton As Fight For Massachusetts Heats Up</a>
Why It Matters: Schiff&#8217;s remarks provided a counterpoint to Saylor&#8217;s bullish stance on Bitcoin. Saylor has been vocal about the <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40776328/microstrategys-bitcoin-strategy-has-outperformed-every-s-p-500-company-and-even-nvidia-sin">success of MicroStrategy&#8217;s Bitcoin-focused approach,</a> which he claimed has generated an annual return of 44% on average since August 2020, compared to the S&amp;P 500's 12% annual return. 
A longtime critic of Bitcoin&#8217;s supposed lack of utility, Schiff said recently that<a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40766075/peter-schiff-will-accept-he-was-wrong-about-bitcoin-if-restaurants-begin-to-show-prices-in"> he would reconsider his pessimism</a> about the leading cryptocurrency if it became a mainstream payment medium.
Price Action: At the time of writing, Bitcoin was exchanging hands at $56,726.91, up 0.08% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>. Shares of MicroStrategy closed 3.86% higher at $129.64 during Tuesday&#8217;s regular trading session.
Image via Wikimedia Commons
Read Next: 
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40766075/peter-schiff-will-accept-he-was-wrong-about-bitcoin-if-restaurants-begin-to-show-prices-in?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">T</a><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40801901/the-crypto-bros-were-right-how-bitcoin-is-becoming-an-important-part-of-the-financial-syst">he Crypto Bros Were Right? How Bitcoin is Becoming an Important Part of the Financial System</a></li>
</ul>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

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MSTR

Peter Schiff Dismisses Michael Saylor's Bitcoin Is Scarce Argument: 'When The Supply Of New Buyers Runs Low…'

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">debate between</a> former President Donald Trump and Vice President Kamala Harris took place on Wednesday, and while several policies were discussed and debated, what stole the show were certain moments.
The Eight-Year No-Handshake Stretch Ends
The debate started with Harris and Trump shaking hands as the Vice President introduced herself. This is the first time the two candidates met. This ended the eigh-year drought of no handshakes – which is not a rule.&nbsp;
This gesture has been a consistent feature of presidential debates until 2016, when Trump did not shake hands with Hillary Clinton.
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/09/40743718/mark-cuban-says-kamala-harris-is-simply-doing-what-trump-did-in-2016-its-her-party-she-gets-to-set-t?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Cuban Says Kamala Harris Is Simply Doing What Trump Did In 2016: ‘It&#8217;s Her Party. She Gets To Set The Rules&#8217;</a>
They Forgot To Mute Harris' Mic
During the discussion over abortion rights, Trump said he had been a leader on IVF, rebutting Harris' contention that the ex-president's policies were against fertility treatment.
Immediately, Harris could be heard whispering on the mic, "You're not." Trump heard her saying this, he said, "Will she allow abortion in the eighth-month, ninth month, seven month…," when Harris interrupted again and said, "C'mon."
The duo then started talking over each other.
Trump&#8217;s &#8216;I&#8217;m Talking Now&#8217; Moment
The candidates were answering the question about Harris' changing policy positions.
While Trump was speaking, Harris interrupted saying, "That's not true," it wasn't audibly clear as it was mouthed.
Immediately after Trump said, &#8220;In Minnesota, she went out — wait a minute. I&#8217;m talking now. If you don&#8217;t mind. Please. Does that sound familiar?&#8221;
The ex-president was possibly referencing her 2020 debate against former Vice President Mike Pence when she told him, &#8220;I&#8217;m speaking.&#8221; After this Harris interrupted again, Trump paused getting visibly irked, and continued after the pause.
Donald Trump Offered His Competitor A MAGA Hat
During the debate, Harris was asked about the Biden administration keeping several Trump tariffs in place.&nbsp;
In response, she didn't address the question directly but said, "Trump administration resulted in a trade deficit, one of the highest we've ever seen in the history of America."
When it was Trump's turn to speak, he said, "I don&#8217;t say her because she has no policy," adding, "She&#8217;s going to my philosophy now. In fact, I was going to send her a MAGA hat. She&#8217;s gone to my philosophy. But if she ever got elected, she&#8217;d change it."
The Duo Parted Ways Without Looking At Each Other
At the end of the debate, Trump was the first to get off the stage, while Vice President Harris took her time while collecting the pages she was provided at the beginning of the debate. On the other hand, Trump left the stage empty-handed. The two candidates did not look at each other and got off the stage from opposite ends.
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</ul>

Trump And Kamala Harris Break 8-Year No-Handshake Era, Ex-President Offers VP A MAGA Hat: 5 Noteworthy Moments From The Debate

Leading cryptocurrencies erased early gains overnight as the asset class didn't come up for discussion in the high-stakes presidential debate between Donald Trump and Kamala Harris.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 9.30 p.m. EDT)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>+0.27%</td>
<td>$56,903.47</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+0.66%</td>
<td>$2,356.88</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-0.69%</td>
<td>$0.1021</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin rallied and surpassed $58,000 after the stock market trading hours. However, the leading cryptocurrency fell below $57,000 overnight as no reference was made in its regards in 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 between Trump and Harris</a>.&nbsp;
In the past 24 hours, 32,814 traders were liquidated, with the total liquidations exceeding $103 million.
Bitcoin's Open Interest rose by 0.60%, mirroring the flat price trajectory.
The apex coin's funding rate was negative on leading exchanges like Binance and Bitget, implying the dominance of bearish leveraged positions vis-à-vis bullish one
Market sentiment remained in the "Fear" category, according to the Cryptocurrency Fear &amp; Greed Index.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 9:30 p.m. EDT)</td>
</tr>
<tr>
<td>Internet Computer (ICP)</td>
<td>+10.88%</td>
<td>$8.59</td>
</tr>
<tr>
<td>Artificial Superintelligence Alliance (FET)</td>
<td>+7.69%</td>
<td>$1.30</td>
</tr>
<tr>
<td>Aave (AAVE)</td>
<td>+7.24%</td>
<td>$149.97</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market stood at $2.01 trillion, following a marginal increase of 0.16% in the last 24 hours.
Major stock indices posted a second straight day of gains. The S&amp;P 500 gained 24.47 points, or 0.45%, to end at 5,495.52. The tech-heavy Nasdaq Composite rose 0.84% to close at 17,025.88. The Dow Jones Industrial Average pulled back 0.23% to finish at 40,736.96.
The uptrend was supported by 1.53% gains in shares of Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), as the AI juggernaut rose for the second straight day.
Investors were geared up for the release of key economic reposts later this week, including the consumer price index due on Wednesday, followed by the producer price index on Thursday.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Widely followed cryptocurrency analyst Ali Martinez highlighted how the estimated leverage ratio across cryptocurrency exchanges has been the highest in 2024, an indication that Bitcoin traders were taking high risk.
<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">The estimated leverage ratio across all <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw">#crypto</a> exchanges has hit its highest level in 2024, indicating that <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> traders are taking high risk. <a href="https://t.co/nV9MZ6Llvv">pic.twitter.com/nV9MZ6Llvv</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1833555284322648227?ref_src=twsrc%5Etfw">September 10, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Prominent cryptocurrency trader Michaël van de Poppe stated that Bitcoin was doing "great" and altcoins are following through.
"We&#8217;re at $58,000, and $56,000 holds. I&#8217;m expecting a lot of positive inflow in the data coming out of this. Good stuff!" Van De Poppe predicted.&nbsp;
<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"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> is doing great and <a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw">#Altcoins</a> are following through. We&#39;re at $58K and $56K holds. I&#39;m expecting a lot of positive inflow in the data coming out of this. Good stuff! <a href="https://t.co/OtTYF7NxSM">pic.twitter.com/OtTYF7NxSM</a>
&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1833619709172060412?ref_src=twsrc%5Etfw">September 10, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo by CMP_NZ on Shutterstock
Read Next:    
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40806986/mark-cuban-shares-arguments-by-elizabeth-warrens-pro-crypto-challenger-john-deaton-as-figh">Mark Cuban Shares Arguments By Elizabeth Warren&#8217;s Pro-Crypto Challenger John Deaton As Fight For Massachusetts Heats Up</a></li>
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Movers

Trading Ideas

$BTC

$DOGE

$ETH

NVDA

Bitcoin, Ethereum, Dogecoin Give Up Gains As Trump, Harris Skip Mention Of Crypto In Presidential Debate: Top Analyst Believes Bitcoin Is Doing 'Great' Amid Expectations Of Positive Data

On Tuesday, Cathie Wood-led Ark Invest made significant trades, with Advanced Micro Devices Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) and Palantir Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) being the most prominent.
The AMD Trade
Ark Invest purchased 47,717 shares of AMD. The trade was made by the ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>) fund and represents 0.1251% of the ETF. Based on the closing price of AMD at $142.84 on the same day, the value of the trade is approximately $6.8 million.
The purchase comes in the wake of AMD&#8217;s announcement of its upcoming &#8220;Advancing AI 2024&#8221; event, scheduled for October 10, 2024. The event will showcase the <a href="https://www.benzinga.com/news/24/09/40800988/whats-going-on-with-amd-stock-today">next-generation AMD Instinct accelerators</a> and 5th Gen AMD EPYC server processors, as well as the company&#8217;s Networking and AI PC updates. The company&#8217;s growing AI solutions ecosystem will also be highlighted.
AMD is shifting its strategy to <a href="https://www.benzinga.com/news/24/09/40776199/amd-vs-nvidia-amds-surprising-strategy-shift-in-gaming-gpu-battle">focus on mainstream and mid-range gaming GPUs</a> to capture 40%-50% of the market, rather than competing directly with Nvidia's high-end offerings. Despite Nvidia holding 88% of the discrete GPU market, AMD has made moves like hiring key Nvidia talent and planning a $4.9 billion acquisition of AI server company ZT Systems to build scale. Both AMD and Nvidia stocks have faced recent selloffs despite strong performance.
The PLTR Trade
Ark Invest sold 124,626 shares of Palantir. The trade was made by the ARKK fund and represents 0.0812% of the ETF. Based on the closing price of PLTR at $34.76 on the same day, the value of the trade is approximately $4.3 million.
The sale comes after Palantir&#8217;s stock soared by 14.08% following the announcement that the <a href="https://www.benzinga.com/news/24/09/40797656/whats-going-on-with-palantir-stock">stock will join the S&amp;P 500 index</a>.
Palantir shares surged over 12% since Friday, driven by the company's inclusion in the S&amp;P 500 and a new enterprise agreement with BP to enhance AI capabilities. CEO Alex Karp celebrated the S&amp;P 500 milestone, and analysts like Dan Ives and Mariana Perez see it as a <a href="https://www.benzinga.com/news/24/09/40797656/whats-going-on-with-palantir-stock">validation for Palantir's future profitability</a>. However, price predictions for Palantir vary widely, with a 1-year average target of $27.79, reflecting potential downside, while top estimates go as high as $50.
Other Key Trades: 
<ul>
<li>Ark Invest sold shares of Unity Software Inc (U) from the ARKK fund. Ark Invest bought shares of Draftkings Inc (DKNG) for the ARKK fund.</li>
<li>Ark Invest bought shares of Rubrik Inc (RBRK) for the ARKW fund. Ark Invest sold shares of Vuzix Corp (VUZI) from the ARKW fund.</li>
</ul>
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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>

Equities

ETFs

ARKK

PLTR

Cathie Wood's Ark Invest Sells $4.3M In Palantir Shares Amid S&P 500 Buzz, Buys $6.8M Of AMD Stock

In a significant step toward improving <a href="https://www.benzinga.com/topic/mental-health">mental health</a> care access, the Biden administration announced a final rule on Monday aimed at ensuring mental health and substance use disorder treatment is covered at the same level as physical health care in private insurance plans. As<a href="https://amp.cnn.com/cnn/2024/09/09/health/mental-health-parity-rule"> reported</a> by CNN, the rule is set to take effect for most group health plans and insurance issuers starting in January 2025.
Under the new rule, insurers must provide parity between mental health and physical health coverage, eliminating bureaucratic hurdles that have historically restricted access to mental health care. This move could include expanding the number of mental health professionals in insurance networks and reducing paperwork burdens on providers.
"Mental health care is health care," said President Joe Biden in a <a href="https://www.whitehouse.gov/briefing-room/statements-releases/2024/09/09/fact-sheet-biden-harris-administration-lowers-mental-health-care-costs-by-improving-access-to-mental-health-and-substance-use-care/">statement</a>. "There is no reason that breaking your arm should be treated differently than having a mental health condition."
<h3 class="wp-block-heading">Closing Gaps In Mental Health Care</h3>
The rule builds on the 2008 <a href="https://www.cms.gov/marketplace/private-health-insurance/mental-health-parity-addiction-equity">Mental Health Parity and Addiction Equity Act (MHPAEA)</a>, which mandates that insurance plans cover mental health care at the same level as physical health care. However, access to in-network mental health care has remained limited, with many Americans forced to pay high out-of-pocket costs. Neera Tanden, White House Domestic Policy Advisor, noted that the rule aims to fix this, ensuring that Americans no longer face excessive costs to get the mental health care they need.
The rule mandates that insurers assess their coverage in several key areas, including provider networks, out-of-network payment policies and prior authorization processes. According to the administration, these changes could affect up to 175 million Americans with private insurance.
Additionally, the rule closes a loophole that previously exempted federally provided health insurance plans from complying with MHPAEA. This change is expected to improve mental health care access for 120,000 additional consumers.
<h3 class="wp-block-heading">Addressing The Mental Health Crisis</h3>
<a href="https://www.benzinga.com/partner/health-care/24/04/38378856/90-of-americans-believe-we-are-experiencing-a-mental-health-care-crisis-elevate-health-and-we">Mental health challenges</a> affect millions of Americans, with two in five adults experiencing <a href="https://www.benzinga.com/topic/anxiety">anxiety</a> or <a href="https://www.benzinga.com/topic/depression">depression</a> and suicide rates among young people alarmingly high. "These numbers are unacceptable," Tanden said, emphasizing the urgency of improving access to care.
Labor, Treasury and Health and Human Services departments will oversee the enforcement of the rule, ensuring that insurers comply with the new standards. Acting Secretary of Labor Julie Su highlighted the life-and-death implications of the rule. "For too long, workers have faced unnecessary hurdles in accessing mental health and substance use disorder treatment."
While the new rule strengthens access to care, some employer groups and insurance industry representatives have voiced concerns. The ERISA Industry Committee, representing employers, argued that the changes could be overly burdensome for some plans. Meanwhile, AHIP, a trade association for health insurance companies, warned that the rule could unintentionally limit the availability of affordable mental health care.
<h3 class="wp-block-heading">A New Era For Mental Health Parity</h3>
The administration reassured insurers that the rule offers clarity on their obligations and that agencies will assist in bringing plans into compliance. Health and Human Services Secretary Xavier Becerra underscored the rule's significance. "Health care, whether for physical or behavioral conditions, is health care. No one should receive lesser care for one or the other."
<h3 class="wp-block-heading">How The Rule Could Impact The Psychedelic Industry?</h3>
Although some provisions will not take effect until 2026, the Biden administration&#8217;s new rule represents a critical shift in how mental health care is treated in the United States, and could have several important implications for the psychedelic industry:
<ul>
<li>Greater insurance coverage for psychedelic-assisted therapies: As <a href="https://www.benzinga.com/markets/psychedelics">psychedelic substances</a> like psilocybin, MDMA and ketamine are increasingly recognized for their therapeutic potential in treating conditions such as PTSD, depression, and anxiety, the new rule could pave the way for expanded insurance coverage of these treatments. Once these therapies receive full regulatory approval (as some are expected to in the coming years), health insurers may be required to cover <a href="https://www.benzinga.com/topic/psychedelic-assisted-therapies">psychedelic-assisted treatments</a> on the same level as other mental health treatments.</li>
</ul>
<ul>
<li>Boost to research and development: As the rule reduces out-of-pocket costs and barriers for mental health treatments, more people could gain access to innovative treatments, potentially accelerating interest in <a href="https://www.benzinga.com/topic/psychedelics-research">psychedelic research</a>. Pharmaceutical and biotech companies involved in psychedelic drug development may see an increased demand for clinical trials and therapies, spurred by improved access to mental health care.</li>
<li>Growing psychedelic therapy workforce: The rule&#8217;s provision to incentivize mental health professionals by ensuring fair compensation could indirectly boost the workforce for psychedelic therapy. As mental health practitioners explore new treatment avenues, the rise in demand for psychedelic therapies might encourage more professionals to specialize in this emerging field.</li>
<li>Expanded accessibility to psychedelic care: One of the major barriers to receiving psychedelic-assisted therapy today is its cost, which is often paid for out-of-pocket as insurance companies typically do not cover it. With the new rule, if and when psychedelic treatments gain mainstream approval, the insurance industry will have clearer guidelines, which could help to reduce costs for these therapies and increase accessibility for patients.</li>
<li>Challenges for regulation and integration: The psychedelic industry still faces significant <a href="https://www.benzinga.com/topic/psychedelics-legalization">regulatory hurdles</a>. While the new rule provides a framework that prioritizes mental health parity, the psychedelic industry must first clear <a href="https://www.benzinga.com/topic/food-and-drug-administration">FDA</a> approvals and gain broader acceptance within medical practice. Nonetheless, the rule could create a more favorable regulatory environment for integrating psychedelic treatments into traditional mental health care settings.</li>
<li>Potential rise in psychedelic startups: As more insurers may be required to cover mental health therapies, there could be an uptick in startups and companies focused on delivering innovative mental health solutions, including psychedelics. With easier access to insurance reimbursements, psychedelic companies may have an easier time establishing themselves in the market.</li>
</ul>
<h3 class="wp-block-heading">The Importance Of Mental Health Care</h3>
This September, coinciding with <a href="https://www.samhsa.gov/newsroom/observances/suicide-prevention-month">National Suicide Prevention Month</a>, several advocacy groups, patients and veterans&#8217; organizations continue to push for progress on psychedelic-assisted therapies, arguing these have helped them overcome severe PTSD symptoms. Some see approval of these therapies as crucial in light of the <a href="https://www.benzinga.com/markets/cannabis/24/06/39381895/17-us-veterans-take-their-own-lives-everyday-heres-how-one-cannabis-company-is-trying-to-help">veteran suicide crisis</a>, as these therapies may offer a new avenue of treatment for those who have exhausted other options.
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Cannabis

Government

Psychedelics

Health Care

Biden Administration Finalizes Rule To Expand Mental Health Care Access: How This Could Impact The Psychedelics Industry

The Senate Standing Committee on Science and Technology on Monday unanimously passed The Cannabis Control and Regulatory Authority Bill, 2024.
Senator Kamil Ali Agha chaired the meeting held at Parliament House. The committee detailed deliberations and passed the bill with amendments, including two members of the Senate, one of whom is a woman, as members of the Board of Governors of the authority, along with amendments to other clauses of the bill.
Dr. Syed Hussain Abidi, chairman of the Pakistan Council of Scientific and Industrial Research (PCSIR), <a href="https://senate.gov.pk/com/pressreleasedetail.php?id=MzM3&amp;pressid=NTY0NQ==">stated</a> that the bill aims to ensure public health by regulating the cultivation and production of marijuana and to generate revenue by utilizing the economic potential of the cannabis industry. He highlighted that the plant can be used for industrial and medicinal purposes and has an economic potential of $4 to $5 billion.
Senator Musadik Masood Malik asserted that cannabis use could be limited to medical use and that necessary safeguards should be in place to curb the the abuse of cannabis.
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/05/38776325/contradictory-moves-in-global-cannabis-legalization-thailand-morocco-and-pakistan-take-different">Contradictory Moves In Global Cannabis Legalization: Thailand, Morocco And Pakistan Take Different Paths</a>
<h2 class="wp-block-heading">Four-Year Delay</h2>
In September 2020, then-minister for science and technology Fawad Chaudhry initiated the conversation around facilitating CBD and industrial hemp, but the Ministry of Narcotics Control raised objections arguing that the matter falls under its jurisdiction, <a href="https://www.dawn.com/news/1858030">writes</a> Dawn.
Four years later, Pakistan began working on establishing the Cannabis Control and Regulatory Authority (CCRA), <a href="https://www.benzinga.com/markets/cannabis/24/04/38243593/pakistan-launches-regulatory-body-for-cannabis-trade-to-fuel-economic-growth" target="_blank" rel="noreferrer noopener">a regulatory body in charge of issuing licenses to growers and sellers</a>, as well as designating regions for cultivation. The board of governors of CCRA has been finalized, with the secretary for the Defense Division as chairperson and the chief secretary of each province as members.
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<li>Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter <a href="https://newsletteremail.benzinga.com/subscribe" target="_blank" rel="noreferrer noopener">here</a>. If you're serious about the business, you can't afford to miss out.</li>
</ul>
Ministry Of Defense
During Monday's meeting, Pakistan Tehreek-e-Insaf (PTI) senator Shibli Faraz, a former minister for science and technology, questioned why the Ministry of Defense was supervising the Cannabis Development Authority, writes the outlet. It was explained that since marijuana is primarily cultivated in the erstwhile FATA, oversight by the defense ministry and other agencies is necessary to ensure regulation in accordance with UN protocols.
Under the CCRA regulatory framework, the level of THC in the cannabis derivative cannot exceed 0.3% to avoid the abuse of medical products by using them recreationally. Penalties for violations range from 10 million Pakistani rupees ($35,000) to 200 million.
In August, the Senate Standing Committee on Science and Technology heard testimony about the economic potential of cannabis. Dr. Abidi, noted that medical marijuana is a $30 billion global market and discussed marijuana&#8217;s applications in textiles, food and construction.
Read Next:
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<li><a href="https://www.benzinga.com/markets/cannabis/24/09/40761718/zurich-cannabis-study-shows-positive-first-year-results-approach-focused-on-consumer-health">Zurich Cannabis Study Shows Positive First-Year Results, Approach Focused On Consumer Health</a></li>
</ul>
Photo generated with AI

Pakistan Senate Committee Unanimously Approves Cannabis Control And Regulatory Bill

Former President Donald Trump reiterated allegations about immigrants in Ohio, <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">during a televised debate on Tuesday</a>.
What Happened: During the debate with Vice President Kamala Harris, Trump claimed that immigrants in Springfield, Ohio, were abducting and consuming pets. He stated, "They're eating the dogs. They're eating the cats. They're eating the pets of the people that live there."
Harris responded by calling Trump "extreme" and laughed at his comments. Debate moderators highlighted that city officials have denied these allegations.
Trump's remarks echoed similar claims from his campaign and his running mate, Sen. JD Vance (R-Ohio) as well as other Republicans. Vance had <a href="https://www.benzinga.com/news/24/09/40784671/jd-vance-reportedly-falsely-accused-haitians-of-abducting-and-eating-pets-elon-musk-says-vote-for-ka">posted on social media</a> that his office received numerous inquiries about Haitian migrants abducting pets. On Tuesday, Vance admitted that these rumors might be false.
Photo via Shutterstock
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Trump Says Immigrants Are 'Eating The Dogs' In Ohio During Debate With Kamala Harris, Gets Called Out

What Happened: Former first lady Melania Trump has re-emerged in the political sphere, using social media to question the circumstances surrounding an assassination attempt on her husband, former President Donald Trump, and to promote her upcoming memoir.
On Tuesday, she posted videos, first <a href="https://edition.cnn.com/2024/09/10/politics/melania-trump-ramps-up-campaign-presence/index.html">noted</a> on CNN, questioning why law enforcement officials did not apprehend the shooter before the attempt. 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://t.co/ZCTwZSqZND">https://t.co/ZCTwZSqZND</a> <a href="https://t.co/KKA6anTEYC">pic.twitter.com/KKA6anTEYC</a>
&mdash; MELANIA TRUMP (@MELANIATRUMP) <a href="https://twitter.com/MELANIATRUMP/status/1833476085998063741?ref_src=twsrc%5Etfw">September 10, 2024</a></blockquote>
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&#8220;There is definitely more to this story, and we need to uncover the truth,&#8221; she said. Her office has not clarified the specific questions she is raising.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">My Story. My Perspective. The Truth. <a href="https://t.co/ZCTwZSqZND">https://t.co/ZCTwZSqZND</a> <a href="https://t.co/HHGQaA6d5v">pic.twitter.com/HHGQaA6d5v</a>
&mdash; MELANIA TRUMP (@MELANIATRUMP) <a href="https://twitter.com/MELANIATRUMP/status/1831663511639851414?ref_src=twsrc%5Etfw">September 5, 2024</a></blockquote>
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The videos are part of a series of posts promoting her memoir, &#8220;Melania,&#8221; set to release on October 8. On Sunday, she posted another video discussing the impact of the 2020 election results on American life and free speech.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://t.co/ZCTwZSqZND">https://t.co/ZCTwZSqZND</a> <a href="https://t.co/Xvn7Q4gUpZ">pic.twitter.com/Xvn7Q4gUpZ</a>
&mdash; MELANIA TRUMP (@MELANIATRUMP) <a href="https://twitter.com/MELANIATRUMP/status/1832799851064500510?ref_src=twsrc%5Etfw">September 8, 2024</a></blockquote>
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See Also: <a href="https://www.benzinga.com/news/24/09/40765551/mark-cuban-asks-trump-advisor-done-any-modeling-of-the-financial-impact-of-deporting-20-million-peop?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Cuban Asks Trump Advisor: &#8216;Done Any Modeling Of The Financial Impact Of Deporting 20 Million People?</a>
Why It Matters: Despite her husband&#8217;s ongoing presidential campaign, Melania Trump has largely refrained from traditional campaign activities. Her public appearances and statements have been selective, focusing on issues she deems especially important, according to Republican strategist Tricia McLaughlin, reported CNN.
Her recent public appearances have primarily promoted her upcoming memoir. Despite her limited public visibility, aides and allies affirm that she fully supports her husband&#8217;s candidacy and is focused on raising their son, Barron.
Melania Trump&#8217;s questioning of the security lapses comes in the wake of a series of revelations about the assassination attempt on Donald Trump. Reports suggested that Trump&#8217;s <a href="https://www.benzinga.com/news/24/07/39873874/trumps-pleas-for-extra-security-repeatedly-ignored-by-secret-service-prior-to-assassination-attempt">pleas for extra security</a> were repeatedly ignored by the Secret Service. Following the assassination attempt, Secret Service Director Kimberly Cheatle <a href="https://www.benzinga.com/general/politics/24/07/39892168/we-failed-during-trump-assassination-attempt-secret-services-kimberly-cheatle-grilled-by-oversig">admitted</a> to the agency&#8217;s failure during a House Oversight Committee hearing.
Further, details emerged from Pennsylvania&#8217;s Police Commissioner about the shooter <a href="https://www.benzinga.com/news/24/07/39921902/trump-assassination-attempt-new-details-emerge-from-pennsylvanias-police-commissioner-eight-shots-we">being flagged as suspicious</a> but not apprehended before the attempt. The incident has reportedly had a <a href="https://www.benzinga.com/news/24/07/40030416/trump-says-melania-was-traumatized-watching-him-being-shot-fearing-the-worst-had-happened-she-cant-r">deep impact</a> on Melania Trump, with Donald Trump revealing that she was traumatized by the event.
Photo Courtesy: Evan El-Amin On Shutterstock.com
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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>

General

Melania Trump Says The Attempt To End Her Husband's Life Was A 'Horrible, Distressing Experience': We Need To Uncover The Truth

Pro-cryptocurrency attorney John Deaton called out his Democratic rival Sen. Elizabeth Warren&#8216;s (D-Mass.) unfriendly stance on digital assets, highlighting his efforts to promote smart regulations in the sector. Billionaire investor and television celebrity&nbsp;Mark Cuban shared Deaton&#8217;s rebuttal.
What Happened: Deaton took to X to criticize to remind Warren of his contributions to the field, including the setting up of CryptoLaw, a platform that provides digital asset holders with information, news, and analysis on key U.S. legal and regulatory developments. 
Additionally, he talked about establishing Connect to Congress to help citizens communicate directly with their elected representatives about their grievances. Deaton stated the app has facilitated over 100,000 messages to every member of Congress regarding digital assets.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Truth is something <a href="https://twitter.com/ewarren?ref_src=twsrc%5Etfw">@ewarren</a> refuses to allow to get her in way. I've been fighting for smart tailored regulations for digital assets for years. I founded <a href="https://twitter.com/CryptoLawUS?ref_src=twsrc%5Etfw">@CryptoLawUS</a> and established Connect to Congress, a platform allowing citizens to communicate directly with their elected… <a href="https://t.co/0mQDA9U2Ub">https://t.co/0mQDA9U2Ub</a> <a href="https://t.co/2aYuRchHUt">pic.twitter.com/2aYuRchHUt</a>
&mdash; John E Deaton (@JohnEDeaton1) <a href="https://twitter.com/JohnEDeaton1/status/1833656958005760500?ref_src=twsrc%5Etfw">September 11, 2024</a></blockquote>
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Deaton also accused the Massachusetts senator of violating her oath by allegedly helping fabricate the sworn testimony of SEC Chairman Gary Gensler, a claim the Republican challenger made in the past as well.
The X post was amplified by Cuban, a pro-cryptocurrency voice and a <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40617032/mark-cuban-wonders-if-sec-chair-gary-gensler-is-doing-everything-in-his-power-to-end-eliza">longstanding critic</a> of Warren and Gensler.
See Also: <a href="https://www.benzinga.com/top-stories/24/09/40800336/core-scientific-aims-for-25-30-billion-valuation-with-ai-data-center-services-bernstein">Core Scientific Aims For $25-$30 Billion Valuation With AI Data Center Services: Bernstein</a>
Why It Matters: Deaton&#8217;s comments come in the wake of <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40700516/pro-bitcoin-attorney-john-deaton-all-set-to-go-head-to-head-with-skeptic-elizabeth-warren-">his confirmation to run against Warren </a>in the November election after he won the Republican nomination for Senate in Massachusetts&#8217;s primary election.
After his win, Cuban congratulated him, saying, &#8220;Only 1 W to go!&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Congrats <a href="https://twitter.com/JohnEDeaton1?ref_src=twsrc%5Etfw">@JohnEDeaton1</a> !!! Only 1 W to go ! <a href="https://t.co/KUvO1AKwij">https://t.co/KUvO1AKwij</a>
&mdash; Mark Cuban (@mcuban) <a href="https://twitter.com/mcuban/status/1831138862023729421?ref_src=twsrc%5Etfw">September 4, 2024</a></blockquote>
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Deaton&#8217;s campaign has received significant support from the cryptocurrency industry, including donations of $1 million in Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) from the <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39852340/elizabeth-warrens-opponent-gets-a-1m-donation-in-bitcoin-from-winklevoss-twins-spent-the-l">Winklevoss twins</a>.
Warren, on the other hand, has faced criticism <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/39070738/remember-elizabeth-warrens-anti-crypto-campaign-donald-trump-promises-to-keep-elizabeth-wa">from cryptocurrency enthusiasts</a> over the years due to her critical stance on the industry, accusing it of facilitating illegal activities, including money laundering and terrorism.
Image via Shutterstock
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Mark Cuban Shares Arguments By Elizabeth Warren's Pro-Crypto Challenger John Deaton As Fight For Massachusetts Heats Up

<a href="https://abc.com/watch-live/784b058c-3aee-4ec9-a6d3-754ba6e4dbac">https://abc.com/watch-live/784b058c-3aee-4ec9-a6d3-754ba6e4dbac</a>
&nbsp;

Macro Economic Events

Events

Economics

Live At ABC News Presidential Debate Vice President Harris Says I Will Not Ban Fracking; My Position Is We Have Got To Invest In Diverse Sources Of Energy So We Reduce Reliance On Foreign Oil

On Tuesday, Donald Trump and Kamala Harris engaged in their <a href="https://www.benzinga.com/general/politics/24/09/40797797/trump-vs-harris-debate-do-voters-want-to-hear-more-about-economy-healthcare-or-bitcoin">first and potentially</a> only debate at the National Constitution Center in Philadelphia.&nbsp;
On Oct. 1, vice-presidential candidates JD Vance and Tim Walz will participate in their only debate.
Moderated by David Muir and Linsey Davis, anchors of ABC World News Tonight, the debate lasted 90 minutes and featured two commercial breaks. No audience was present in the room.
This debate is crucial as it came just eight weeks before the presidential election on Nov. 5, 2024. This wasn't the first debate for Trump as he had <a href="https://www.benzinga.com/news/24/06/39540268/trump-attacks-biden-defends-in-high-stakes-no-audience-debate-president-appears-to-freeze-and-fumble">previously</a> sparred with Joe Biden in June, just weeks before the incumbent president withdrew from the race.
Ahead of the debate, Harris held a steady <a href="https://www.benzinga.com/general/politics/24/09/40805945/harris-vs-trump-vice-president-holds-3-point-lead-ahead-of-presidential-debate-but-swing-states-">three-point lead</a> in head-to-head polls in a key national Morning Consult survey.
She has consistently led Trump in the weekly head-to-head poll, maintaining her advantage since the poll updates began following Biden&#8217;s decision to step down.
Eight-Year Streak Of No Handshake Ends
The debate started with Harris and Trump shaking hands as the Vice President introduced herself. This is the first time the two candidates met.
This ended the eigh-year drought of no handshakes – which is not a rule. The long-standing custom broke in 2016 when Trump decided to not shake hands with Former United States Secretary of State Hillary Clinton at the beginning of their debate. In 2020, he again refused to shake hands with Biden.
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/09/40743718/mark-cuban-says-kamala-harris-is-simply-doing-what-trump-did-in-2016-its-her-party-she-gets-to-set-t?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Cuban Says Kamala Harris Is Simply Doing What Trump Did In 2016: ‘It's Her Party. She Gets To Set The Rules'</a>
Economy And Cost Of Living Debated At The Outset
The first question was directed to Vice President Harris about whether she believed U.S. citizens are in a better position today than four years ago. In response, Harris acknowledged her middle-class background.&nbsp;
She said she believes in the "aspirations" of the American people and underscored her plans to build an inclusive economy. Harris also talked about her tax cuts for young families and her passion for small businesses. "I love our small businesses."
The Vice President then targeted Trump saying the Republican candidate plans to do what he has done before. He will give tax cuts to billionaires. Economists have said that the "Trump Sales Tax" will result in middle-class families paying $4,000 more in taxes.
Trump rebutted any plans for "Trump Sales Tax." He said other countries would end up paying through tariffs. He said he had made China pay billions of dollars.
"Inflation is known as a country buster." He said the current bout of inflation has been one of the highest.&nbsp;
The ex-president then mentioned the topic of illegal immigration. He said these illegal migrants were taking away jobs from Americans.
"They are taking over towns, they are taking over buildings." These are the people that she and Biden let into the country.
Trump asserted, "I created one of the greatest economies in the history of our country."
In response, Harris said that the former president left them the worst unemployment since the Great Depression. "What we have done is clean up Donald Trump's mess," Harris said.
Photo via Shutterstock
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Final Showdown? Trump And Harris Face Off In Intense Debate, Just Eight Weeks Before Election Day

Live At ABC News Presidential Debate Vice President Harris Says My Plan Is To Give A $50K Tax Deduction To Start Up Small Businesses

Sen. Chuck Schumer (D-N.Y.) expressed his admiration for journalist Evan Gershkovich, who recently returned to the U.S. after a wrongful detention in Russia.
What Happened: On Tuesday, Schumer posted about his meeting with Gershkovich on X, praising the journalist&#8217;s resilience during his detention. He wrote, &#8220;You stood strong during your brutal and wrongful detention by Putin. You defended journalism and freedom of the press. We are so proud you're home.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I was so honored to get to meet today with Evan Gershkovich to help welcome him back to the United States of America. To Evan: You stood strong during your brutal and wrongful detention by Putin. You defended journalism and freedom of the press. We are so proud you're home. <a href="https://t.co/L6OBY3kobE">pic.twitter.com/L6OBY3kobE</a>
&mdash; Chuck Schumer (@SenSchumer) <a href="https://twitter.com/SenSchumer/status/1833659081258664171?ref_src=twsrc%5Etfw">September 11, 2024</a></blockquote>
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Gershkovich, a reporter for the Wall Street Journal, was arrested in 2023 and <a href="https://www.benzinga.com/government/24/07/39864195/wsj-reporter-evan-gershkovich-gets-18-year-sentence-in-russia-employer-calls-trial-a-sham">sentenced to 18 years in prison</a> by a Russian court on espionage charges, with no evidence provided. His trial was widely criticized as a sham, including by his employer and President Joe Biden.
See Also: <a href="https://www.benzinga.com/news/24/09/40743718/mark-cuban-says-kamala-harris-is-simply-doing-what-trump-did-in-2016-its-her-party-she-gets-to-set-t?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Cuban Says Kamala Harris Is Simply Doing What Trump Did In 2016: &#8216;It&#8217;s Her Party. She Gets To Set The Rules&#8217;</a>
Why It Matters: Gershkovich&#8217;s detention and subsequent trial drew international attention and condemnation. His employer, the Wall Street Journal, and other international bodies called for his release, describing his trial as a sham and his detention as wrongful.
In a significant development, Gershkovich was released as <a href="https://www.benzinga.com/news/24/08/40101351/russia-frees-wsj-reporter-evan-gershkovich-and-ex-marine-paul-whelan-in-major-prisoner-swap-with-us">part of a major prisoner exchange</a> between the U.S. and Russia. His return to the U.S. was seen as a triumph for press freedom and a testament to the resilience of journalists working under challenging conditions.
Photo via Shutterstock
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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>

Chuck Schumer To Journalist Evan Gershkovich Held By Russia: 'You Stood Strong During Your Brutal And Wrongful Detention'

Sen. Elizabeth Warren (D-Mass.) expressed support for Vice President Kamala Harris and criticized former President Donald Trump in a recent social media post ahead of the highly anticipated <a href="https://www.benzinga.com/general/politics/24/09/40782598/harris-vs-trump-how-to-watch-2024-presidential-debate-rule-disputes-and-key-topics-for-voters">presidential debate</a> between the two presidential candidates.
What Happened: Warren said on X, &#8220;Trump has spent his career looking out for himself &amp;amp; other billionaires. VP Harris has devoted herself to public service—fighting for justice, for working people who've been cheated, &amp; for basic freedoms like abortion rights.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Trump has spent his career looking out for himself &amp; other billionaires. VP Harris has devoted herself to public service—fighting for justice, for working people who've been cheated, &amp; for basic freedoms like abortion rights. Tonight, the American people will see that contrast.
&mdash; Elizabeth Warren (@ewarren) <a href="https://twitter.com/ewarren/status/1833655909739835420?ref_src=twsrc%5Etfw">September 10, 2024</a></blockquote>
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See Also: <a href="https://www.benzinga.com/news/24/09/40761709/anthony-scaramucci-trump-will-lose-then-start-panicking-over-november-sentencing?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Anthony Scaramucci: Trump Will Lose, Then &#8216;Start Panicking&#8217; Over November Sentencing</a>
Trump and Harris met face-to-face for the first time in a televised presidential debate, less than two months before the 2024 election. According to a Benzinga poll, 66% of respondents planned to watch the debate, while 70% said they would not change their vote based on it. The <a href="https://www.benzinga.com/general/politics/24/09/40797797/trump-vs-harris-debate-do-voters-want-to-hear-more-about-economy-healthcare-or-bitcoin">economy, immigration, and national security</a> were the top issues of interest.
Why It Matters: Warren&#8217;s post underscores her support for Harris, who <a href="https://www.benzinga.com/general/politics/24/09/40805945/harris-vs-trump-vice-president-holds-3-point-lead-ahead-of-presidential-debate-but-swing-states-">continues to lead over Trump</a> in the polls. According to a recent Benzinga article, Harris maintains a lead in a key national poll ahead of the presidential debate.
Warren&#8217;s criticism of Trump echoes her previous statements. In August, she <a href="https://www.benzinga.com/news/24/08/40591541/elizabeth-warren-says-kamala-harris-will-bring-down-costs-for-working-people-while-trumps-plan-helps">voiced her endorsement</a> of Harris&#8217; economic plan, contrasting it with Trump&#8217;s approach, which she claimed only benefits the wealthy.
The presidential debate, hosted by ABC News, is expected to be one of the biggest events of the election cycle, as per a previous report.
Photo by Sheila Fitzgerald on Shutterstock
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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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