With Two Months to Go, the Sprint to Election Day Begins

Despite a healthy economy and slowing inflation, Americans have been telling pollsters those issues remain front-of-mind this election year. Now with two months left until November, new data points to improving conditions for them and their bank accounts. US households’ inflation-adjusted incomes rose last year for the first time since before the pandemic, and consumers are getting some relief on grocery bills, too. Online prices fell 3.7% in August from a month earlier, the largest decline since 2014. Taken together, it’s good news for Vice President Kamala Harris, who has accused grocery chains of price gouging. Since she took the place in the campaign of President Joe Biden, 81, who was shown the door by the Democratic Party after a poor debate performance, Harris, 59, is reportedly in a dead heat with a 78-year-old Donald Trump. As Harris heads into Tuesday night’s faceoff with Trump, the fight during, after and all the way to Election Day will be for the undecided voters in seven swing states.

When it comes to politics, America’s one percent are pulling out their checkbooks for one candidate: Trump. Thirteen members on Bloomberg’s Billionaires Index have donated at least $24.4 million to the Republican this election cycle. Harris’s campaign, meanwhile, has received at least $12.8 million from 20 people, including those who donated to Biden’s campaign before he stepped down.