USA

Weekly Report: what happened at USA last week (0715-0719)?

Biden under pressure to drop out of presidential race; betting markets favor Harris

Joe Biden under pressure to drop out of presidential race; betting markets favor Kamala Harris. Nancy Pelosi privately told Biden that he can't defeat Donald Trump, sources say. Biden's chances of winning the presidential race are now at 63%. Biden tested positive for a banned substance on Wednesday.

Trumponomics: Trump details plan for economy, Wall Street and foreign policy

Donald Trump plans to let Jerome Powell finish his term as Fed chair. Trump says he wants to bring down interest rates and taxes. He also plans on imposing new tariffs on China. The U.S. President says he will consider JPMorgan CEO Jamie Dimon as Treasury secretary. Trump also plans to ban social media companies like Facebook and Instagram.

ADX: Big 8% Yield, Big Discount To NAV (Tender Offer)

Aviation Capital orders 35 more 737 Max jets from Boeing

Aviation Capital orders 35 more 737 Max jets from Boeing. The order includes 16 of the 737-8 model and 19 of the bigger 737-10 variant. The aircraft leasing company now has a total of 82 orders for the best-selling narrowbody plane. Chase Aviation Capital Group is a unit of Tokyo Century.

Weekly Report: what happened at USA last week (0708-0712)?

ASG Vs. USA: Equity Funds Paying Higher Distributions Through Managed Plans

Liberty All-Star Growth Fund (ASG) and USA are closed-end funds with managed distribution plans. ASG is trading at an attractive discount on an absolute and relative basis. Both funds use a multi-manager approach to manage different sleeves of their portfolio. The two funds provide higher distributions to income-investors quarterly.

Bill Ackman Is Going to Send These 8%+ Dividends Soaring