A Trump merchandise float on display on Saturday at the Sturgis Motorcycle Rally in South Dakota, where tens of thousands of motorcyclists gathered despite the coronavirus pandemic. Biden or Trump? Wall Street is betting on BidenByPresident Trump has cut their taxes and slimmed regulations. Wall Street types first swooned for Pete Buttigieg and later dreamed of the possibility that one of their own, Michael R. Bloomberg, might become the nominee. But in a presidential contest between Biden and Trump, the financial industry has lined up firmly behind Biden, embracing his message about bringing stability even if that means taxes might tick upward.

Source: New York Times August 10, 2020 10:52 UTC