NJ's $2.4B iGaming Boom: One Stock to Watch

The iGaming market is rewriting the rules, with New Jersey hitting $2.4B in revenue last year. One company stands out, delivering $2.13 for every $1 spent and expanding into lucrative markets.

Trump says he can't guarantee tariffs won't raise US prices and promises swift immigration action

BILL BARROW and WILL WEISSERT
December 08, 2024

WASHINGTON (AP) -- Donald Trump said he can't guarantee that his promised tariffs on key U.S. foreign trade partners won't raise prices for American consumers and he suggested once more that some political rivals and federal officials who pursued legal cases against him should be imprisoned.

The president-elect, in a wide-ranging interview with NBC's "Meet the Press" that aired Sunday, also touched on monetary policy, immigration, abortion and health care, and U.S. involvement in Ukraine, Israel and elsewhere.

Trump often mixed declarative statements with caveats, at one point cautioning "things do change."

A look at some of the issues covered:

Trump hems on whether trade penalties could raise prices

Trump has threatened broad trade penalties, but said he didn't believe economists' predictions that added costs on those imported goods for American companies would lead to higher domestic prices for consumers. He stopped short of a pledge that U.S. an households won't be paying more as they shop.

"I can't guarantee anything. I can't guarantee tomorrow," Trump said, seeming to open the door to accepting the reality of how import levies typically work as goods reach the retail market.

That's a different approach from Trump's typical speeches throughout the 2024 campaign, when he framed his election as a sure way to curb inflation.

In the interview, Trump defended tariffs generally, saying that tariffs are "going to make us rich."

He has pledged that, on his first day in office in January, he would impose 25% tariffs on all goods imported from Mexico and Canada unless those countries satisfactorily stop illegal immigration and the flow of illegal drugs such as fentanyl into the United States. He also has threatened tariffs on China to help force that country to crack down on fentanyl production.

"All I want to do is I want to have a level, fast, but fair playing field," Trump said.

Trump suggests retribution for his opponents while claiming no interest in vengeance

He offered conflicting statements on how he would approach the justice system after winning election despite being convicted of 34 felonies in a New York state court and being indicted in other cases for his handling of national security secrets and efforts to overturn his 2020 loss to Democrat Joe Biden.

"Honestly, they should go to jail," Trump said of members of Congress who investigated the Capitol riot by his supporters who wanted him to remain in power.

The president-elect underscored his contention that he can use the justice system against others, including special prosecutor Jack Smith, who led the case on Trump's role in the siege on Jan. 6, 2021. Trump confirmed his plan to pardon supporters who were convicted for their roles in the riot, saying he would take that action on his first day in office.

As for the idea of revenge driving potential prosecutions, Trump said: "I have the absolute right. I'm the chief law enforcement officer, you do know that. I'm the president. But I'm not interested in that."

At the same time, Trump singled out lawmakers on a special House committee who had investigated the insurrection, citing Rep. Bennie Thompson, D-Miss., and former Rep. Liz Cheney, R-Wyo.

"Cheney was behind it ... so was Bennie Thompson and everybody on that committee," Trump said.

Asked specifically whether he would direct his administration to pursue cases, he said, "No," and suggested he did not expect the FBI to quickly undertake investigations into his political enemies.

But at another point, Trump said he would leave the matter up to Pam Bondi, his pick as attorney general. "I want her to do what she wants to do," he said.

Such threats, regardless of Trump's inconsistencies, have been taken seriously enough by many top Democrats that Biden is considering issuing blanket, preemptive pardons to protect key members of his outgoing administration.

Trump did seemingly back off his campaign rhetoric calling for Biden to be investigated, saying, "I'm not looking to go back into the past."

Swift action on immigration is coming

Trump repeatedly mentioned his promises to seal the U.S.-Mexico border and deport millions of people who are in the U.S. illegally through a mass deportation program.

"I think you have to do it," he said.

He suggested he would try to use executive action to end "birthright" citizenship under which people born in the U.S. are considered citizens -- although such protections are spelled out in the Constitution.

Asked specifically about the future for people who were brought into the country illegally as children and have been shielded from deportation in recent years, Trump said, "I want to work something out," indicating he might seek a solution with Congress.

But Trump also said he does not "want to be breaking up families" of mixed legal status, "so the only way you don't break up the family is you keep them together and you have to send them all back."

___

Barrow reported from Atlanta. Associated Press writers Adriana Gomez Licon in Fort Lauderdale, Florida, and Jill Colvin and Michelle L. Price in New York contributed to this report.

Continue Reading...

Popular

Trump Treasury Nominee Pledges To Maintain Dollar's Global Reserve Status, Outlines Vision For 'New Economic Golden Age'

Scott Bessent, Trump's Treasury Secretary nominee, pledged to uphold the dollar's reserve currency status, emphasizing productive investment, supply chain security, and strategic sanctions to bolster U.S. economic dominance.

Why is Spain considering a 100% tax on homes bought by non-EU residents?

MADRID (AP) — Spain is planning a raft of measures to address its , including an up to 100% tax on properties that non-European Union residents buy.

Is This Defi Coin Your Next "10-Bagger" Investment? - Ad

Our #1 pick in decentralized finance is largely overlooked by mainstream investors (for now). This governance token could skyrocket as DeFi adoption surges with the smart money and institutions.

Rashida Jones stepping down as MSNBC president on eve of Trump inauguration

MSNBC President Rashida Jones says she is stepping down after four years leading the liberal news network — an announcement thtat takes place on the eve of a second Trump administration and after changes in corporate ownership.

Two private lunar landers head toward the moon in a roundabout journey

CAPE CANAVERAL, Fla. (AP) — In a two-for-one moonshot, SpaceX launched a pair of lunar landers Wednesday for U.S. and looking to jumpstart business on .

Unlocking a Polymetallic Discovery Like No Other - Ad

With drill results rivaling the best in the world and a fully funded 2025 program, this polymetallic stock is poised for major growth. Industry icons Robert Friedland and Rob McEwen are already in. Will you be next?

Perdue Farms to shut down Tennessee plant

MONTEREY, Tenn. (AP) — Perdue Farms plans to close a processing plant in Tennessee that employs more than 430 people.

January 28th: Gold SHOCK? - Ad

On January 28th, an event is taking place that could completely shock the market. Stocks could go ballistic... Businesses could get blindsided... The gold market could get rocked... And one man, millionaire trader Jeff Clark is pounding the table on one single stock before this event.

Bloomberg reports that Meta will lay off 5% of staff

News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff based on performance and hiring new workers to replace them.

FORGET Crypto, FORGET Stocks... Do THIS Instead... - Ad

With everyone scrambling for the next hot AI stock or cryptocurrency... One man is saying FORGET them all. Because his strategy could lead to bigger gains than you'd see from stocks, crypto or anything else you might be seeing. It's shown his readers gains of 85% in 14 days... 55% gains in 2 days... And even 222% in 8 days!

Robinhood Moves 131 Million DOGE In An Hour: What's Happening?

Online trading platform Robinhood reportedly transferred a whopping 131 million Dogecoin (CRYPTO: DOGE) within the span of an hour, sparking intrigue and

IRS Commissioner Daniel Werfel says he'll step down on Trump's Inauguration Day

WASHINGTON (AP) — said in a letter to IRS workers on Friday that he intends to step down from his position on President-elect Donald Trump's Inauguration Day.

How to Invest in Trump's Crypto Revolution with Just $25 - Ad

Since Donald Trump was elected, Bitcoin has soared to over $104,000. That's a six-figure price tag -- PER COIN! But there's a much less expensive -- and better way to take advantage of Trump's crypto revolution. I'm talking about a way to make huge gains with just $25. But you need to be fast.

Could Cupertino Save Struggling Sonos? Speculation About Apple Bid Abounds

Several tech giants could potentially save Sonos, with most speculation centering on a possible acquisition by Apple.

The Stock Driving iGaming's Success - Ad

iGaming is thriving, with NJ hitting $2.4B in revenue. One company leads the pack with 20% retention rates, 60% growth, and expansion into new markets. Tight insider ownership make this stock a standout.

Cathie Wood's Ark Invest Is Betting Big On This AI Darling And No It's Not Nvidia

Ark Invest made significant trades involving Tempus AI, CRISPR Therapeutics, UiPath, Roblox, Reddit, Accolade, and Ibotta. ARKG and ARKK funds bought shares, while ARKW and ARKF funds sold shares.

Stocks Fail To Rise Despite Benign Producer Inflation, 30-Year Treasury Yields Hit 5%, Ely Lilly Tumbles: What's Driving Markets Tuesday?

A cooler-than-expected December producer inflation report failed to ignite lasting gains on Wall Street Tuesday, reflecting lingering concerns about persistently high inflation among investors.

NJ iGaming Hits $2.4b--What's Next? - Ad

New Jersey's $2.4B iGaming milestone highlights an exploding market. One company, focused on VIP players, delivers $2.13 revenue per $1 spent, 20% retention rates, and 60% growth. With a tight share float and LatAm expansion, this stock is a rare gem.

Hundreds ordered to evacuate as fire erupts at huge California battery storage plant

MOSS LANDING, Calif. (AP) — Hundreds of people were ordered to evacuate and part of Highway 1 in Northern California was closed when a major fire erupted Thursday afternoon at one of the world's largest battery storage plants.

My TOP Altcoin for Right Now Is... - Ad

Searching for the top investment opportunity in crypto? Look no further. Our $3 report gives you the full scoop. You'll get this exciting token's name, our recommended investment strategy, and growth projections. Time is of the essence with this one...

Trump 2.0 Could Be Thwarted By Inflation, Mohamed El-Erian Notes Ahead Of CPI Data Release

Mohamed El-Erian shared Bloomberg's John Authers' analysis, warning that persistent inflation could hinder President-elect Trump's economic agenda as markets await December CPI data.

Apple Eyes Barclays And Synchrony To Replace Goldman Sachs As Credit Card Partner: Report

Apple is exploring partnerships with Barclays and Synchrony to replace Goldman Sachs as its credit card partner as Goldman scales back its consumer finance ambitions.

Critical Metals: The Linchpin of the Energy Transition - Ad

As EVs and AI take center stage, critical metals like copper, nickel, and PGMs are becoming the linchpin of clean energy and technological advances. One Canadian company's high-grade polymetallic discovery in Quebec is drawing comparisons to Russia's Norilsk Mine--one of the richest deposits globally. Backed by industry titans, this story is just beginning.

How Trump's political and business interests will intersect in the White House

As he assumes the presidency for a second time, brings with him a broad expanse of business relationships and financial entanglements — and the possibility that those associations could in the White House.

He Called Bitcoin to $100k... Now He Says This Coin Is Next - Ad

Juan Villaverde may be America's top crypto expert. According to Juan's timing model, we are entering what could be the biggest bull market in crypto's history. With America's first crypto president in office, it could be the biggest gains the market has ever seen. And one special coin could skyrocket.

How TikTok grew from a fun app for teens into a potential national security threat

SAN FRANCISCO (AP) — If it feels like TikTok has been around forever, that's probably because it has, at least if you're measuring via internet time. What's now in question is whether it will be around much longer and, if so, in what form?

FACT FOCUS: A look at false and misleading claims Trump made during his inaugural address

In his first address after being on Monday, President Donald Trump repeated several false and misleading statements that he made during his campaign. They included claims about immigration, the economy, electric vehicles and the Panama Canal. Here’s a look at the facts.

Trump's Quiet $1.9 Trillion Move Against the Fed - Ad

A small army of Americans, with Trump's support, has launched a $1.9 trillion move against the Fed. What comes next could have dramatic consequences.

Siri, Alexa And Google Assistant May Become A Thing Of The Past Thanks To ChatGPT Tasks -- Here's How To Use The New Feature

OpenAI's introduction of the "Tasks" feature for ChatGPT positions it as a strong competitor to virtual assistants like Alexa, Siri, and Google Assistant by enabling users to schedule and manage tasks with natural language prompts.

Bitcoin soars past $100,000 ahead of possible early action on crypto by Trump

WASHINGTON (AP) — The price of bitcoin topped $100,000 again early Friday as a pumped up cryptocurrency industry expects early action by Donald Trump when he's sworn in as president next week.

The VIP Strategy Behind iGaming's Best Stock - Ad

NJ's record $2.4B iGaming revenue proves the market is booming. One company targeting high-value players boasts $2.13 ROI, double retention rates, and entry into a $12B Latin American market. With growth catalysts ahead, this stock is one to watch.

CBRE Is This Analyst's Top Pick Betting On Commercial Real Estate Recovery, Upgrades Stock

Morgan Stanley upgrades CBRE to Overweight, raises price target to $160, citing strong growth prospects and a 29% total return potential in 2025.

Tesla Model 3 Loses To Xiaomi SU7 In China's December Sales Showdown

Chinese smartphone maker Xiaomi's first EV- the SU7- outsold American EV giant Tesla Inc's Model 3 sedan in China in December.

The No. 1 Stock for Trump's Second Term? - Ad

Legendary investor Louis Navellier's stock rating system gave a buy rating to ALL of the top 30 performing stocks in the S&P 500 index of Trump's first term... ALL of them! His system is now rating these stocks as a "BUY" for Trump's second term.

XRP Market Value Could Skyrocket 5X If This Trading Pattern Completes, Says Veteran Trader Peter Brandt

Legendary trader Peter Brandt predicted a possible $500 billion market cap for payments-focused cryptocurrency XRP (CRYPTO: XRP) on Monday if certain trading patterns come to fruition.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service