(Bloomberg) — Florida Governor Ron DeSantis is preparing to give a major economic address next week, according to people familiar with the plans, the latest in a series of measures to steady his shaky 2024 presidential bid.
Economy
DeSantis Plans Major Economic Speech Next Week as Part of Reset
The DeSantis campaign did not immediately respond to a request for comment.
DeSantis and his wife, Casey, have been frustrated and want the campaign reoriented by September when they think Americans will start to tune into the 2024 presidential race, said one fundraiser who attended the Park City retreat.
On Tuesday, his campaign initiated a second round of staff cuts and eliminated roughly two dozen jobs. In total, the campaign has 38 fewer staffers than it did two weeks ago before its cash crunch became public with a federal campaign filing.
This week, the governor is making fundraising sweeps through the South with events in Chattanooga, Knoxville and Nashville, Tennessee.
The campaign is still working out the time and location for the economic speech, but it will be sandwiched in between a slate of fundraisers in the Midwest the week of July 31, including ones in Oklahoma City, Oklahoma; Kansas City, Missouri; and Wichita, Kansas.
In talking points distributed to donors in recent days, the DeSantis campaign called the economy and China two of the four central themes moving forward and indicated the economic message would zero in on inflation, government spending and domestic energy production.
In addition to campaigning and fundraising, the governor has been working on preparations for the first Republican debate on Aug. 23 in Milwaukee. DeSantis personally assured donors in Park City that he was taking the prep work seriously, and his team has been devising one-liners as well as brainstorming themes and policy areas they want to hit from the stage.
They are preparing for potentially sharing the stage with Trump, who hasn’t committed to attending the debate due to his wide polling lead, as well as the possibility that he skips the event entirely.
Since DeSantis’s official campaign launch, his team has been meeting at least once a week for debate prep, said people familiar with the schedule. Senior staffers involved include manager Generra Peck, pollster Ryan Tyson, policy guru Dustin Carmack and Jason Johnson, who worked for US Senator Ted Cruz of Texas and helped him prepare for the presidential debates in 2016.
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TORONTO – Strength in the base metal and technology sectors helped Canada’s main stock index gain almost 100 points on Friday, while U.S. stock markets also climbed higher.
The S&P/TSX composite index closed up 93.51 points at 23,568.65.
In New York, the Dow Jones industrial average was up 297.01 points at 41,393.78. The S&P 500 index was up 30.26 points at 5,626.02, while the Nasdaq composite was up 114.30 points at 17,683.98.
The Canadian dollar traded for 73.61 cents US compared with 73.58 cents US on Thursday.
The October crude oil contract was down 32 cents at US$68.65 per barrel and the October natural gas contract was down five cents at US$2.31 per mmBTU.
The December gold contract was up US$30.10 at US$2,610.70 an ounce and the December copper contract was up four cents US$4.24 a pound.
This report by The Canadian Press was first published Sept. 13, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press. All rights reserved.
OTTAWA – Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.4 per cent to $82.7 billion in July.
The increase came as sales in the miscellaneous subsector gained three per cent to reach $10.5 billion in July, helped by strength in the agriculture supplies industry group, which rose 9.2 per cent.
The food, beverage and tobacco subsector added 1.7 per cent to total $15 billion in July.
The personal and household goods subsector fell 2.5 per cent to $12.1 billion.
In volume terms, overall wholesale sales rose 0.5 per cent in July.
Statistics Canada started including oilseed and grain as well as the petroleum and petroleum products subsector as part of wholesale trade last year, but is excluding the data from monthly analysis until there is enough historical data.
This report by The Canadian Press was first published Sept. 13, 2024.
The Canadian Press. All rights reserved.
TORONTO – Canada’s main stock index was up more than 150 points in late-morning trading, helped by strength in the base metal and energy sectors, while U.S. stock markets were mixed.
The S&P/TSX composite index was up 172.18 points at 23,383.35.
In New York, the Dow Jones industrial average was down 34.99 points at 40,826.72. The S&P 500 index was up 10.56 points at 5,564.69, while the Nasdaq composite was up 74.84 points at 17,470.37.
The Canadian dollar traded for 73.55 cents US compared with 73.59 cents US on Wednesday.
The October crude oil contract was up $2.00 at US$69.31 per barrel and the October natural gas contract was up five cents at US$2.32 per mmBTU.
The December gold contract was up US$40.00 at US$2,582.40 an ounce and the December copper contract was up six cents at US$4.20 a pound.
This report by The Canadian Press was first published Sept. 12, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press. All rights reserved.
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