Michael Bloomberg

Michael Bloomberg dropped out of the 2020 race on Wednesday after a poor showing on Super Tuesday and issued a statement endorsing former Vice President Joe Biden. Bloomberg is the former mayor of New York and spent more than $500 million of his own money in the race to become the Democratic Party...

It’s March 3, a defining day in the nomination of the 2020 democratic candidate for president. The excitement on Super Tuesday sees Democratic candidates Bernie Sanders, Joe Biden, Elizabeth Warren, Mike Bloomberg and Tulsi Gabbard looking to make a splash in the pool of remaining pledged...

Democratic 2020 presidential hopefuls took head-to-head for the 10th time on Tuesday night in South Carolina debate ahead of the primary to be held on Saturday. Candidates Hound Each Other With things heating up in the last debate in Nevada, the candidates took it further up a notch, this time...

Twitter Inc. (NYSE: TWTR) banned at least 70 accounts promoting Democratic presidential candidate Michael Bloomberg's campaign starting Friday, the Los Angeles Times reported. What Happened "We have taken enforcement action on a group of accounts for violating our rules against platform...

As the battle for the Democratic win heats up, no one was spared criticism Wednesday night on the debate stage in Las Vegas. Here are the key takeaways from the debate. Things Are Heating Up The Democratic event in Nevada was the precursor to the next debate to be held in Charleston, S.C., on Feb...

Democratic presidential candidate Michael Bloomberg is paying people $2,500 per month to promote his campaign among their social media circles, the Wall Street Journal reported Wednesday. What Happened Bloomberg's campaign team is hiring 500 workers, referred to as "deputy digital...

Michael Bloomberg’s proposed financial regulations sent shockwaves through Wall Street on Tuesday. Among the proposals is a financial transaction tax that would amount to a 0.2% charge on all trades of stocks and derivatives. On Wednesday’s PreMarket Prep, co-host Dennis Dick outlined...

Democratic presidential candidate and former New York City mayor Mike Bloomberg issued his criminal justice reform plan Tuesday, and it includes proposals for the decriminalization of cannabis possession and the expungement of criminal records concerning cannabis convictions. “...

Democratic Presidential candidate Michael Bloomberg on Tuesday proposed creating a "clear regulatory framework" on cryptocurrencies as part of financial reforms if he is elected president in the upcoming elections. What Happened "Cryptocurrencies have become an asset class worth...

If elected, he plans to take a salary of $1, just as he did as the mayor of New York, Michael Bloomberg tells MarketWatch in an interview. On Giving Away “When I was mayor, I took a salary of just a dollar a year. I still have all 12 one-dollar checks — 93 cents, after...

Democratic presidential candidate Michael Bloomberg wants to "undo the harms of the Trump administration" by putting back in place higher standards for truck emissions with the goal of electrifying 15% of the heavy-duty fleet by 2030. That goal is part of the former New York City mayor's recently...

Michael Bloomberg threw his hat in the ring for the Democratic presidential nomination. The businessman and former New York City mayor who's worth $53 billion brings the number of candidates seeking the party's nomination to 18. “I know how to win, because I’ve done it time and...

Democratic presidential candidate Elizabeth Warren accused Michael Bloomberg of attempting to buy Democratic presidential nomination with “bags of money.” What Happened “[Bloomberg] is making a bet about democracy in 2020,” Warren said at an event in Ankeny, Iowa...

U.S. Sen. Elizabeth Warren isn’t taking criticism lying down. This week, the Democratic presidential candidate is rolling out an ad targeting a group of billionaires who are critical of her 2% wealth tax proposal. The ad, which targets CNBC viewers in Washington and New York, lays...

Michael Bloomberg might be entering the 2020 presidential race after announcing he wouldn’t run in March. What Happened The founder of Bloomberg L.P., financial data and media company, would seek a Democratic nomination. Howard Wolfson, Bloomberg’s political advisor, suggested it in a...