NBC News to host first Democratic debate in Miami

Photo: Ethan Miller/Getty Images

The first Democratic debate of the 2020 presidential primary will take place on June 26 and 27 in Miami, host NBC News announced on Thursday.

Details: Further specifics on the venue and timing are yet-to-be announced, as well as who will moderate. MSNBC, Telemundo and NBC News' digital platforms will also air the event. To qualify, candidates — of which there are already 15 Democrats who have formally announced — will need at least 1% support in 3 qualifying polls or be able to provide proof of at least 65,000 unique donors, with a minimum of 200 unique donors in at least 20 states.

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Dan Primack, author of Pro Rata
6 mins ago - Economy & Business

Leon Black says he "made a terrible mistake" doing business with Jeffrey Epstein

Photo illustration: Sarah Grillo/Axios. Photo: Rick Friedman/Corbis/Getty Images

Apollo Global Management CEO Leon Black on Wednesday said during an earnings call that he made a "terrible mistake" by employing Jeffrey Epstein to work on personal financial and philanthropic services.

Why it matters: Apollo is one of the world's largest private equity firms, and already has lost at least one major client over Black's involvement with Epstein.

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Shane Savitsky
1 hour ago - World

Jeremy Corbyn suspended by U.K. Labour Party over anti-Semitism report

Photo: Christopher Furlong/Getty Images

The U.K. Labour Party has suspended its former leader, Jeremy Corbyn, after a watchdog report found that the party failed to properly take action against allegations of anti-Semitism during his time in charge.

Why it matters: It represents a strong break by Keir Starmer, Labour's current leader, from the Corbyn era and one of the party's most persistent scandals.

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Courtenay Brown, Felix Salmon
Updated 2 hours ago - Economy & Business

U.S. economy sees record growth in third quarter

The U.S. economy grew at a 33.1% annualized pace in the third quarter, the Commerce Department said on Thursday.

The state of play: The record growth follows easing of the coronavirus-driven lockdowns that pushed the economy to the worst-ever contraction — but GDP still remains well below its pre-pandemic level.

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