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Kamala Harris’ ‘coconut tree’ quote, explained: Why it’s going viral as Biden drops out

The widely memed quote has resurged on social media as a seemingly tongue-in-cheek rallying cry for Vice President Kamala Harris to replace President Joe Biden as the Democratic nominee following his poor debate performance.

  • By Conor Murray
  • Forbes Staff

Biden drops out of 2024 race – Here’s what happens next

Biden’s decision to leave the race at this stage in the election cycle is unprecedented in modern politics and sets up a mad dash to choose his replacement.

  • By Sara Dorn
  • Forbes Staff

Joe Biden’s letter to Americans: Time ‘to stand down’

Biden on Sunday he will step down as Democratic nominee and allow another candidate to run for president against Donald Trump in November.

  • By Mary Whitfill Roeloffs

‘In the billions’: What will the CrowdStrike outage cost the Australian economy?

AMP’s chief economist tells Forbes Australia the global cost will be in the billions. Australia’s Minister for Cyber Security says the CrowdStrike update fallout may take weeks to recover from.

  • By Shivaune Field, Journalist
  • Business Journalist

Biden pressure grows: People close to president believe he’s open to dropping out, reports

Biden is facing increasing pressure from onetime allies like Chuck Schumer and Nancy Pelosi to reconsider his 2024 bid—and some Democrats think Biden could drop out as early as this weekend.

  • By Siladitya Ray
  • Forbes Staff

Biden tests positive for COVID-19, White House says

President Joe Biden tested positive for COVID-19 on Wednesday, the White House said, hours after he appeared at an event in Las Vegas.

  • By Sara Dorn
  • Forbes Staff

Apple, Nvidia lead Big Tech’s $500 billion slump as Nasdaq limps to worst day since 2022

Large technology stocks flails as lower interest rates appear on deck and investors view a Trump presidency as increasingly likely.

  • By Derek Saul
  • Forbes Staff

Mark Cuban’s theory for Trump’s Silicon Valley support: Instability will help Bitcoin

“You can’t align the stars any better for a BTC price acceleration” than Trump’s economic blueprint, according to Cuban, who simultaneously predicted the decline of the dollar under Trump.

  • By Derek Saul
  • Forbes Staff

J.D. Vance once compared Trump to Hitler – now he’s his running mate

Ohio Sen. J.D. Vance was selected over Florida Sen. Marco Rubio and North Dakota Gov. Doug Burgum to serve as Trump’s running mate.

  • By Molly Bohannon

The Secret Service has access to more money than ever

Even on an inflation-adjusted basis, the Secret Service has its highest-ever budget in at least a decade. Lawmakers are bound to be interested in how they’re using it.

  • By Kyle Khan-Mullins
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