Senator Kamala Harris, who was once seen as a top tier contender for the 2020 Democratic presidential nomination, dropped out of the race on Tuesday.
"I've taken stock and looked at this from every angle, and over the last few days have come to one of the hardest decisions of my life," the California senator wrote in a note to supporters. "My campaign for president simply doesn't have the financial resources we need to continue."
Harris spent the early days of her campaign as a promising candidate, rising as high as second place in the Real Clear Politics poll average in July, but has struggled with finances as well as reports of staff disorganization and infighting, according to the New York Times.
By November, she was polling in the low single digits and laid off her New Hampshire field team to increase her focus on Iowa's first-in-the-nation caucuses on February 3.
Though she had shifted focus to the Hawkeye State, she lacked the cash to run TV ads in Iowa, a state in which Harris had not run an ad in three months. Only recently, support for a super PAC made up of former aides to pay for advertising began to gain traction within the campaign.
Harris was one of seven candidates who had already qualified for the sixth debate, which will be held in her home state of California, before today's announcement.
The senator had started her campaign in front of a crowd of20,000 in Oakland, according to her campaign, and said she is withdrawing "with deep regret — but also with deep gratitude."
GM and Tesla are among the top U.S. automakers that are looking to potentially switch over stalled auto production into the manufacturing of badly needed medical ventilators amid the coronavirus crisis.
Rep. Gabbard drops out of the Democratic presidential primary race and endorses former Vice President Joe Biden.
Stocks are falling in early trading on Wall Street Thursday, but the losses are more subdued than the wild swings that have dominated recent weeks. At least for now.
President Trump outlined a plan to alleviate interest on student loans held by federal agencies, but the details on how people can access the economic relief during the COVID-19 outbreak remains elusive.
The Dow Jones lingered below the 20,000 marks, a third of what it was a month ago, when it closed at a record high of 29,551.42 on Feb. 12
The 2020 count was just getting started when COVID-19 hit America's shores. Now the federal agency plans to continue while preparing a contingency plan if the situation changes.
As the U.S. struggles to ramp up testing and respond to the spread of novel coronavirus within the nation’s borders, the president announced a series of stepped-up efforts to help the country and individuals.
The world's top oil-producing countries — and some GOP lawmakers — are effectively pleading with Saudi Arabia to end its price war with Russia, which has sent prices plummeting to four-year lows.
Stock trading has been halted for the fourth time this month Wednesday as S&P 500 drops 7%.
These are the headlines you Need 2 Know for Wednesday, March 18, 2020.
