Democratic presidential nominee Joe Biden may be gaining ground on President Donald Trump’s preferred platform — Twitter.
New data from online video analytics company Conviva shows Biden had more Twitter engagements — which include comments, likes, and retweets — than Trump. The presidential hopeful averaged 148,6000 engagements per post during the Sept. 14 to Oct. 13 period, while the tweeter-in-chief only reached 136,100 engagements per post.
While Trump has almost eight times as many followers on Twitter than Biden, the Democrat has been gaining followers at a faster rate over the last 2.5 months. And while Trump still gets more retweets, Biden is getting more likes.
Trump also still maintains a heavier presence on Instagram and Facebook, but Biden has gained more followers on Instagram than Trump over the last two months. Still, Facebook seems likely to remain more of Trump’s domain both in terms of engagements and followers.
Social media can be a way to reach younger voters, and while traditionally not the largest voting demographic, 63 percent of 18 to 29-year-olds surveyed said they will "definitely be voting" in the upcoming election according to a Harvard Kennedy School poll. About 47 percent of the demographic had the same response when they were surveyed around the same time in 2016.
Trump’s use of social media political advertising had also been widely credited for helping him win the presidency in 2016. However, Biden seems to be matching Trump dollar for dollar on Google and Facebook recently with Advertising Analytics estimating both candidates spending $50 million over the last month on digital ads for their respective campaigns, the New York Times reported.
For President Donald Trump, tariffs — or the threat of them — can bend nations to his will.
President Donald Trump said he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking.
The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated. The move comes amid a fraught time for the central bank, with hiring sluggish and yet inflation stuck above the Fed’s 2% target. Compounding its challenges, the central bank is navigating without much of the economic data it typically relies on from the government. The Fed has signaled it may reduce its key rate again in December but the data drought raises the uncertainty around its next moves. Fed Chair Jerome Powell told reporters that there were “strongly differing views” at the central bank's policy meeting about to proceed going forward.
U.S. and Chinese officials say a trade deal between the world’s two largest economies is drawing closer. The sides have reached an initial consensus for President Donald Trump and Chinese leader Xi Jinping to aim to finalize during their high-stakes meeting Thursday in South Korea. Any agreement would be a relief to international markets. Trump's treasury secretary says discussions with China yielded preliminary agreements to stop the precursor chemicals for fentanyl from coming into the United States. Scott Bessent also says Beijing would make “substantial” purchases of soybean and other agricultural products while putting off export controls on rare earth elements needed for advanced technologies.
A new poll finds most U.S. adults are worried about health care becoming more expensive.
The White House budget office says mass firings of federal workers have started in an attempt to exert more pressure on Democratic lawmakers as the government shutdown continues.
