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."
Melania Trump received a lot of criticism for wearing a jacket with the phrase "I DON'T REALLY CARE, DO U?" scrawled across the back on her way to meet with migrant children at the Texas-Mexico border. The bizarre choice, at such a heated moment, may have been "a very calculated move," said Vox reporter Rebecca Jennings.
Citigroup CEO Michael Corbat weighs in on the backlash over family separation at the border and the need for immigration reform.
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The country's top court on Thursday ruled that states can force online retailers to charge sales taxes on purchases even if they don't have a physical presence in the state. D.A. Davidson's Tom Forte says Amazon may actually end up benefiting from that rule.
The recent crisis at the U.S.-Mexico border isn't that different from the injustices committed against the transgender community, says actress and transgender rights activist Angelica Ross. "We, as a country and as a global society, have lost touch with our humanity," she tells Cheddar.
Mike Corbat, head of the fourth biggest bank in the U.S. with $1.84 trillion in assets, said that, while many of the current trade agreements in place need to be updated to reflect the modern economy, it's 'unfortunate' that progress from other policies, like tax reform, could be hampered by the threat of trade wars.
Employees of big tech companies hold their leaders to a high moral standard and force them to speak out, says Dana Wollman, executive editor at Endgadget. Microsoft staff recently protested against letting U.S. Immigration and Customs Enforcement, which has been criticized for its treatment of migrant children at the border, use the company's Azure cloud technology.
The president said he will sign an executive order as soon as Wednesday to prohibit officials from separating children and parents at the southern border, after days of standing by the zero tolerance policy. His changed stance may stem from national backlash in the political and private sectors, says Jack Crowe, news writer at the National Review.
President Trump on Tuesday again deflected blame for tearing apart families at the U.S. border and suggested deporting entire family units, and Republicans scrambled to come up with a legislative fix for the crisis.
The former president of Mexico, a long-time advocate of legalizing cannabis globally, joined the board of the cannabis culture company. Adam Levine, CEO of High Times, said his addition will lend support to its efforts.
Markets opened sharply lower on Tuesday after President Trump directed his administration to identify an additional $200 billion worth of Chinese goods that could be hit with taxes, upping the ante in the potential U.S.-China trade war. Trump's announcement comes in response to China's threats to retaliate against an original round of tariffs, targeting $50 billion worth of U.S. imports.
