Latest news with #McCaskill
Yahoo
20-05-2025
- Business
- Yahoo
America 'not smart enough' to keep Trump away from White House, MSNBC analyst says
Former Democratic Sen. Claire McCaskill said Monday that Americans weren't "smart enough" to keep President Donald Trump away from the White House. "And yes, The Wall Street Journal may say America is smart enough to know better. I will tell The Wall Street Journal this: America, I believe, clearly was not smart enough to keep this guy from the White House. He is causing confusion and uncertainty in a segment of our economy that desperately needs certainty. And by doing that, he is going to get higher prices. And that's when America will finally get smart, but they're not smart now because most of them are trying not to pay attention," said McCaskill, now an MSNBC analyst. She was responding to a WSJ editorial board piece that criticized Trump and his tariff policy, accusing the president of going "full Kamala Harris in demanding that the retail giant not raise prices." McCaskill's comments came during a panel discussion on MSNBC's "Deadline: White House" that focused on concerns over higher prices after the president said big retailers like Walmart should "eat the tariffs." Bessent Says Walmart Will Absorb 'Some Tariffs' After Speaking With Retailers Ceo "But there's a huge swath of Americans that don't know about that because their algorithms are purposely not feeding them politics because they don't want to hear about it. But you know what they're all going to know about? They're all going to know about higher prices," McCaskill continued. Read On The Fox News App "They're all going to know that they're spending more at Walmart than they spent this time last year. They're all going to know that their 401(k)s are down. They're all going to know that, and there's nothing Trump can do about that," she added. Walmart CEO Doug McMillon warned of potential price increases on Thursday, citing the tariffs. Treasury Secretary Scott Bessent said Sunday that the retail giant would absorb the cost of some of the tariffs, after speaking with McMillon. MSNBC host Nicolle Wallace echoed McCaskill's argument, saying some Americans were paying close attention to the news and others were not. "I used to read polls that separated Americans out that way. People paying close attention to the news, and God bless those people. Those are our daily viewers. They are policy wonks. They know more about a lot of the things we talk about than I do. I see a lot of their responses and people that don't follow the news. This was the first time I read that poll, and I read it and thought, like, #dreams. I wish I was one of them, but I get it. Everyone's about to feel the burn," Wallace said. Us Consumer Sentiment Drops To Near Record Low In May On Inflation Worries, Tariff Uncertainty After Trump won the election in November, McCaskill acknowledged that the president "knows our country better" than Democrats do. "I think we have to acknowledge that Donald Trump knows our country better than we do," McCaskill said. "I think he figured out that anger — and frankly, fear — were way more powerful than appealing to people's better angels. That anger and fear were going to work in this election. Whether you're afraid of immigrants or afraid of people who are trans, he figured that out." Click Here For More Coverage Of Media And Culture "And I think we all thought everyone's better angels would prevail. Turns out, the better angels went on vacation when Donald Trump came down the escalator. And they haven't returned," she article source: America 'not smart enough' to keep Trump away from White House, MSNBC analyst says
Fox News
20-05-2025
- Business
- Fox News
America 'not smart enough' to keep Trump away from White House, MSNBC analyst says
Former Democratic Sen. Claire McCaskill said Monday that Americans weren't "smart enough" to keep President Donald Trump away from the White House. "And yes, The Wall Street Journal may say America is smart enough to know better. I will tell The Wall Street Journal this: America, I believe, clearly was not smart enough to keep this guy from the White House. He is causing confusion and uncertainty in a segment of our economy that desperately needs certainty. And by doing that, he is going to get higher prices. And that's when America will finally get smart, but they're not smart now because most of them are trying not to pay attention," said McCaskill, now an MSNBC analyst. She was responding to a WSJ editorial board piece that criticized Trump and his tariff policy, accusing the president of going "full Kamala Harris in demanding that the retail giant not raise prices." McCaskill's comments came during a panel discussion on MSNBC's "Deadline: White House" that focused on concerns over higher prices after the president said big retailers like Walmart should "eat the tariffs." "But there's a huge swath of Americans that don't know about that because their algorithms are purposely not feeding them politics because they don't want to hear about it. But you know what they're all going to know about? They're all going to know about higher prices," McCaskill continued. "They're all going to know that they're spending more at Walmart than they spent this time last year. They're all going to know that their 401(k)s are down. They're all going to know that, and there's nothing Trump can do about that," she added. Walmart CEO Doug McMillon warned of potential price increases on Thursday, citing the tariffs. Treasury Secretary Scott Bessent said Sunday that the retail giant would absorb the cost of some of the tariffs, after speaking with McMillon. MSNBC host Nicolle Wallace echoed McCaskill's argument, saying some Americans were paying close attention to the news and others were not. "I used to read polls that separated Americans out that way. People paying close attention to the news, and God bless those people. Those are our daily viewers. They are policy wonks. They know more about a lot of the things we talk about than I do. I see a lot of their responses and people that don't follow the news. This was the first time I read that poll, and I read it and thought, like, #dreams. I wish I was one of them, but I get it. Everyone's about to feel the burn," Wallace said. After Trump won the election in November, McCaskill acknowledged that the president "knows our country better" than Democrats do. "I think we have to acknowledge that Donald Trump knows our country better than we do," McCaskill said. "I think he figured out that anger — and frankly, fear — were way more powerful than appealing to people's better angels. That anger and fear were going to work in this election. Whether you're afraid of immigrants or afraid of people who are trans, he figured that out." "And I think we all thought everyone's better angels would prevail. Turns out, the better angels went on vacation when Donald Trump came down the escalator. And they haven't returned," she added.
Yahoo
07-05-2025
- Business
- Yahoo
How students at Roaring Kitty's high school became top stock pickers
Some 160 students across the country participated in the Financial Investment Club competition, which is sponsored by a nonprofit organization called the Base Chicago that works to help students in disadvantaged areas. A total of 22 Brockton High School students took part in the competition through Empower Yourself , a financial and STEM education program based in Brockton. Current Brockton High School students have been building on Gill's legacy with their own stock-picking prowess, creating a subculture at the school centered around learning about the stock market and investing. And last year, students from the school clinched the top five places in a nationwide stock-investing contest, winning a total of $15,000 in prize money in the form of an investment portfolio and scholarship funds. Back in 2004, long before he earned notoriety under the monikers Roaring Kitty and DeepF—ingValue, Gill was himself a senior at Brockton High. Seventeen years later, Gill's social-media-fueled exploits sent shares of AMC Entertainment Holdings Inc. AMC and GameStop Corp. GME skyrocketing, punishing the Wall Street hedge funds that had bet against them. Gill became a hero of the little-guy investor and landed before the House Committee on Financial Services, where he famously declared, ' I am not a cat .' Gill inspired the Hollywood movie ' Dumb Money ,' then disappeared from public view for a few years before briefly returning to social media in 2024 to push meme stocks into the spotlight once again. But now a group of Brockton students is following in the footsteps of another famous alumnus — Keith Gill, a trader who played a pivotal role in the 2021 meme-stock explosion — and finding purpose and success in stock trading. With more than 3,500 students, Brockton High School is the biggest high school in Massachusetts, having become known in recent years for chronic understaffing. Mirroring the nickname of its sports teams, called the Boxers after famous alumni Rocky Marciano and Marvin Hagler, the school has also earned a reputation for bouts of student violence, including hallway fights. Story Continues 'This is truly a big deal,' Kevin McCaskill, the principal of Brockton High School, told MarketWatch. 'When students are exposed to programming like this, they can achieve anything.' McCaskill acknowledged the challenges Brockton has faced in tackling the issue of student violence in recent years. About 15% of the population of Brockton, Mass., lives in poverty, well above the state average, according to the U.S. Census Bureau. The school community has come together to create systemic change in dealing with the violence problem, McCaskill told MarketWatch. 'We're redefining who we are as a school,' he said. McCaskill, who has been the principal since January 2024, said that Cedric Turner, the founder and executive director of Empower Yourself, told him about Gill's connection to the school. Empower Yourself has been operating within Brockton High School for several years, and it was Turner who invited the students to take part in the Financial Investment Club competition. 'I said to them: 'Are you guys interested?' ' Turner told MarketWatch. 'Their response was, 'Absolutely!' ' The students each received $1 million in mock money to trade over the course of nine months. They each created their own portfolio holding a minimum of 12 stocks. They had to own at least three stocks in three different S&P 500 SPX sectors and could invest no more than 15% of their total funds in a single stock. Forget GameStop: Nvidia and Novo Nordisk were winners Brockton High School is the largest high school in Massachusetts, and in New England. - Marc Vasconcellos Like many investors, Henry Ani spent last year betting on the artificial-intelligence trend through chip maker Nvidia NVDA. At the time, Ani was a freshman at Brockton High School. He kept Nvidia in his virtual stock portfolio because of the company's 'significant growth' and because AI chips were cementing themselves as an essential part of the tech sector. 'AI chips were becoming increasingly more important,' Ani told MarketWatch. 'Other chip makers in the industry would also try to replicate Nvidia with AI chips, so as an attempt to diversify my portfolio, I purchased shares of other similar [companies].' Ani, who is now 16 and a sophomore, claimed the top spot in last year's stock-picking competition. In addition to technology, the high schooler also targeted the consumer-discretionary and healthcare sectors, taking positions in Chipotle Mexican Grill Inc. CMG and Danish drug manufacturer Novo Nordisk DK:NOVO.B. 'I purchased stock in these sectors because I had intent to diversify my portfolio, and generally companies in consumer discretionary see stability, low risk, and receive growth,' he told MarketWatch. 'My purchase of Novo Nordisk was due mainly to looking at the company's involvement in obesity-combating drugs and viewing the company from the technical-analysis standpoint,' Ani added, citing the weight-loss drug Wegovy. 'It was due to the need to diversify my portfolio and also wanting a stock that was gradually increasing.' Tesla Inc. TSLA was initially in Ani's portfolio, but he ultimately sold the shares. 'I had Tesla at the beginning, but it was unstable, so I sold it,' he said. 'I noticed through technical analysis Tesla had certain patterns that could result in growth, but due to the many actions taken by its CEO [Elon Musk], the general image of the company was disrupted, causing many to sell the company at unpredictable times when an event like this occurred.' Ani told MarketWatch that he learned a lot about both investment strategy and patience during the competition. 'I learned how to apply many concepts like qualitative, technical and quantitative analysis to choosing stocks,' he said. 'I also learned how to hold, because, throughout the competition, I did not make many trades in comparison to my peers, and instead centered around holding.' He also learned how hard it is to beat the stock market. Ani concluded that if possible, in pursuit of outperformance, it is 'best to find the sector that can beat the market and focus on that,' he said. 'Beating the market is also difficult because sometimes there is no sector that can beat the market, and focusing on individual stocks is the way, but focusing on individual stocks requires much further and in-depth analysis.' From the archives (December 2024): Meme stocks were fueled by Roaring Kitty and 'Trump trades' this year. What can we expect in 2025? Ani's final return was about $1.46 million on the initial $1 million. At the end of the competition, his portfolio consisted of Nvidia, Novo Nordisk, Chipotle, Advanced Micro Devices Inc. AMD, Inc. AMZN, GE Aerospace GE, GE Vernova Inc. GEV, Alphabet Inc. Class C GOOG, Intel Corp. INTC, Palo Alto Networks Inc. PANW and Taiwan Semiconductor Manufacturing Co. TSM. Brockton High School student Henry Ani clinched the top prize in a national stock-picking competition last year. - Brockton Public Schools Ani is participating in the competition again this year and anticipates remaining engaged in investing for the rest of his life. 'It will be important for me to invest throughout life, because investing not only helps people become more financially literate but also trains people in skills of risk management, educated guessing and many other skills that can be applied to many different aspects of life,' he said. 'This year I have applied mostly the same strategy, but I also have bought index funds' that track baskets of stocks around, for example, an industry or regional theme. For this year's competition, Ani is betting on Nvidia again, convinced that continued AI spending will push the stock higher. Ani said that Gill, the meme-stock talisman, doesn't come up during conversations with his fellow students about stocks or the competition. He is well aware of the Roaring Kitty story, but he's taking his own approach to the market. 'I feel that I am following my own path,' he said. Related: Why Roaring Kitty is a GameStop 'true believer' Kim Redding, the former CEO of Brookfield Investment Management, the public securities group of investment giant Brookfield Asset Management, volunteered with the Brockton students during last year's competition. Redding taught the students about financial concepts, including esoteric ones like pegged exchange rates. 'We teach through the summer, then in the school year we have a Zoom call on the first Sunday of the month,' he told MarketWatch. 'We bring in speakers from investment banks to talk about AI or whatever.' The Brockton students also attended trading classes at the Hughey Center for Financial Services at Bentley University in Waltham, Mass. This year the Financial Investment Club competition has expanded to include middle-school students and has grown from Boston, Chicago, New Orleans and Los Angeles to include students from New York, Philadelphia and Washington, D.C. Nearly 200 students are taking part this year, Redding told MarketWatch. But the new competitors will have to best the students from Brockton, who are highly motivated, according to Redding. Last year they reached out to him about six times outside of lessons and Zoom calls, he said. 'I have [heard] stories that they are talking [about the stock market] down the [school] hall — they are talking about it throughout the day,' he said. 'We can't teach them everything to become a professional investor, but we can give them the seed, that spark that lights them up.' Most Read from MarketWatch
Yahoo
06-05-2025
- Yahoo
Search for Midlothian firehouse dog, Riggs, comes to a sad end
Yahoo is using AI to generate takeaways from this article. This means the info may not always match what's in the article. Reporting mistakes helps us improve the experience. Yahoo is using AI to generate takeaways from this article. This means the info may not always match what's in the article. Reporting mistakes helps us improve the experience. Yahoo is using AI to generate takeaways from this article. This means the info may not always match what's in the article. Reporting mistakes helps us improve the experience. Generate Key Takeaways The Brief Riggs, a missing Midlothian Fire Department firehouse dog, has been located. The 3-year-old yellow Lab was hit by a car and did not survive. He will be missed deeply, the department said. MIDLOTHIAN, Texas - The search for a missing firehouse dog is over. Sadly, the outcome is not one the Midlothian Fire Department had hoped for. Missing Midlothian Firehouse Dog What's next In an update on Tuesday morning, the Midlothian Fire Department said that Riggs, a 3-year-old yellow Labrador who lived at Fire Station One, was struck by a vehicle and did not survive. What they're saying "We are incredibly thankful for the overwhelming support from our community. From those who helped search, shared posts, handed out flyers, made donations, or simply kept Riggs in their thoughts—your kindness and compassion meant the world to us," the department said. "Riggs was more than just a station dog—he was part of our family. We will miss him deeply." The backstory Riggs went missing on Friday while on a routine break outside Fire Station One. On Monday, the Midlothian Fire Department announced a reward for his safe return. The department also brought in another canine trained to track scents to help search for Riggs. "The dog handler did come out with a dog and tracked his scent over to the highway, and then he just lost the trail," Midlothian Fire Chief Dale McCaskill said at the time. "Our hypothesis is he got a little scared and ran toward the highway. Maybe somebody picked him up at that point." McCaskill emphasized Riggs' importance to the firehouse. "He's a big part of our firefighter's decompression after a call. He greets them at the door when they come back and, as any dog, shaking his tail and ready to just say hi. That brings that element of stress down," McCaskill said. What we don't know The department did not release any information about when or where Riggs' body was found. It's not clear if there will be any public memorials for him. The Source The information in this story was provided by the Midlothian Fire Department.
Yahoo
11-03-2025
- Politics
- Yahoo
Claire McCaskill hints Democrats could be responsible for a government shutdown
MSNBC analyst and former Democratic Sen. Claire McCaskill said Monday that if there is a government shutdown, Democrats could be the party at fault. "Here's the other problem that Democrats have," McCaskill said on MSNBC's "Morning Joe," adding, "If they end up being the reason that the government shuts down, that muddles their message that, in fact, it's the Trump Administration that is trying to shut down your government services like Social Security, like Medicaid, like veterans benefits." A vote on a continuing resolution is expected on Tuesday to fund the federal government ahead of the March 14th deadline and avoid a partial government shutdown. Dems Weaponize Medicaid Anxiety In Bid To Take Down Trump-backed Federal Funding Plan While McCaskill said she expects the continuing resolution to pass, she did take a dig at Republicans, claiming they want to take away access to Medicaid. "I predict, like all other CR drama, that they will pass a CR this week and they will continue the current levels of government funding until September," McCaskill said. "But then the train wreck comes … Then they have to cut Medicaid to give rich people a tax cut. And people don't realize what Medicaid does. I think people have in their mind Medicaid is just for poor people in the cities." Read On The Fox News App In a Saturday press release, Minority Leader Hakeem Jeffries, D-N.Y., urged his colleagues to vote no on the continuing resolution, saying, "The partisan House Republican funding bill recklessly cuts healthcare, nutritional assistance and $23 billion in veterans benefits. Equally troublesome, the legislation does nothing to protect Social Security, Medicare and Medicaid, while exposing the American people to further pain throughout this fiscal year. We are voting No." Congress Unveils Spending Plan After Trump Calls On Republicans To Avoid Government Shutdown President Donald Trump has said he does not want to cut Medicaid, but left the door open to reviewing the program for fraud. "Medicare, Medicaid, none of that stuff is going to be touched," Trump said in a Feb. 18, 2025 interview with Fox News' Sean Hannity. "Now, if there are illegal migrants in the system, we're going to get them out of the system, and all of that fraud. But it's not going to be touched." McCaskill said that while she disagrees with the way Republicans are operating, she thinks Democrats shouldn't prevent "cutting wasteful spending." "The messaging here is a little muddled for the Democrats, because it's very important that Democrats don't stand in the way of cutting wasteful spending," McCaskill said. Click Here For More Coverage Of Media And Culture She continued by criticizing the GOP approach: "But the way these guys are doing it, they're not cutting fat, they're basically breaking bones of government service to America. And it is so haphazard. It is so without merit. It is so unfair. And people are going to start feeling it." "That's a separate issue than whether or not they're going to pass this continuing resolution that basically pushes the ball down the field, doesn't do anything really except extend current funding," McCaskill said. Original article source: Claire McCaskill hints Democrats could be responsible for a government shutdown
