A voter submits their ballot at a drop-off box in Renton, Washington. Photographer: David Ryder/Bloomberg On the campaign trail, Donald Trump tried to move past the controversy over racist remarks made at his Madison Square Garden rally, saying he'd seize the assets of drug cartels and gangs to provide compensation to victims. Kamala Harris said another Trump presidency would be steeped in chaos and vowed to work on immigration reform with Congress if elected. Fires at ballot boxes in Vancouver, Washington, and Portland, Oregon, are being investigated by the FBI and US Attorney's Office. (Both states use mail-in ballots.) Meanwhile, conspiracy theorists who believe Trump won the 2020 election are using Telegram to monitor and film polling places in US swing states, an effort that civil rights groups say risks suppressing voter turnout. Elon Musk's AI startup xAI is looking for new funding at a $40 billion valuation, a person familiar said. That would make it one of the most valuable startups in the US and comes just months after a separate financing for the startup brought in $6 billion. On the heels of Alphabet yesterday, Meta and Microsoft report earnings after the bell today. Bitcoin is on the cusp of topping a record high of almost $74,000 reached in March. The cryptocurrency briefly climbed to as high as $73,564 yesterday in New York. Some analysts say Trump's elevated odds in election betting markets are fueling the demand, as he's embraced digital assets during his campaign. Boeing and union leaders held "productive" talks yesterday with acting US Labor Secretary Julie Su as they try to end a seven-week labor dispute that's crippling the planemaker's manufacturing. Boeing expects to keep burning cash into next year rather than generating it. Earlier this week, it raised $21.1 billion in an expanded share sale—one of the largest ever by a public company—to help shore up its balance sheet. |
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