Here's how much Donald Trump is worth, from his DJT stock to real estate
CBSN
Donald Trump may have joined the ranks of America's richest people through his real estate holdings, from golf courses to hotels, but it's his stake in the fledgling Trump Media & Technology Group that has more than doubled his net worth to $5.5 billion this year.
The money-losing social media company, which trades under the ticker symbol DJT, the same as Trump's initials, has had a volatile year since going public in March. An initial surge in the market value of Trump Media in March made the former president's 57% stake worth $5.2 billion, but that tumbled to $1.4 billion when the stock hit a low of $11.75 in September.
The wild swings in Trump Media shares has prompted comparisons to meme stocks, or companies that trade on social media buzz rather than revenue or profit growth, investors' favored yardsticks. Trump Media, whose main asset is the Truth Social platform, has declining revenue and large losses, with University of Florida finance professor Jay Ritter telling CBS MoneyWatch that the "stock is incredibly overvalued."
The U.S. president hasn't been given a raise in more than 20 years.
Nogales, Mexico — Migrants from all corners of the globe, from Latin America to far-flung countries in Africa and Asia, come to a shelter in this northern Mexican city hoping to enter the U.S. and escape economic hardship and, in some cases, deadly danger.
Until polls close on Election Day, millions of people across the United States are casting ballots for their preferred candidates to succeed President Biden in the White House. But determining the winner is not as simple as totaling up how many people voted for Vice President Kamala Harris or former President Donald Trump, because of the Electoral College.
Donald Trump may have joined the ranks of America's richest people through his real estate holdings, from golf courses to hotels, but it's his stake in the fledgling Trump Media & Technology Group that has more than doubled his net worth to $5.5 billion this year.
U.S. and European law enforcement agencies are working together to investigate whether incendiary devices detonated in July at DHL logistics hubs in Germany and the U.K. were part of a larger operation directed by Russian Intelligence services (in particular, the GRU — Russian military intelligence), the highest level of the Russian government or by outside individuals acting in the interests of Russia, a source familiar with the matter said.
Boeing's 33,000 unionized machinists on Wednesday voted to approve the plane manufacturer's latest contract offer, ending a seven-week strike that had halted production of most of the company's passenger planes.
SpaceX launched an unpiloted Dragon cargo ship Monday evening, an election eve flight to deliver three tons of crew supplies, science gear and other equipment to the International Space Station, including an unusual wooden satellite, a solar wind monitor and holiday fare for the lab's crew.
John Fervier, chairman of Georgia's State Election Board, is a mild-mannered corporate executive with a dry wit and an aversion to the spotlight. Yet in recent weeks he found himself at the center of a political storm as three of his MAGA-oriented board members pushed through rules that many believed would have caused chaos and confusion in Georgia during the presidential election.
On the eve of Election Day, tensions are high and voters are feeling anxious — that's been a theme throughout this entire election season.
As Americans head to the polls on Election Day 2024 to choose between former President Donald Trump and Vice President Kamala Harris, voters should know the required ID, if any, they need to present in order to submit their ballots depending on the state they are registered in.
More than 78 million voters cast their ballots early in the 2024 election, but millions more are expected to turn out to vote on Election Day. In some states, voter registration deadlines have already passed, but nearly half the states plus the District of Columbia allow same-day registration on Election Day for those who still want to register and vote.