How Democrats’ delegate math actually worksSmall differences in the vote total could result in drastically different delegate hauls.We all know how the Democratic nomination contest works, right? Well, we think we do.People go and vote in primaries or caucuses in their states. The votes are counted and we see who wins. And then those votes get translated ... somehow ... into how many delegates each candidate gets.Even many hardened political obsessives tend to fast-forward through that last bit: the delegate math. It’s complicated and confusing, so why bother?But the delegate math is incredibly important: It determines who wins. A candidate needs a majority of delegates to get the nomination at the Democratic National Convention. (Bernie Sanders has recently argued that…
Live updates: Fed cuts interest rates in bid to brace for coronavirus impactWith the coronavirus spreading unpredictably and Americans bracing for an increasing impact at home, the Federal Reserve made an emergency interest rate cut Tuesday, slashing the benchmark U.S. rate by half a percentage point.The central bank has not made an emergency move like this since late 2008. It was also a sign that global central banks are prepared to act to contain the economic fallout from the coronavirus. The move came after President Trump, in a tweet, called for a “big” interest rate cut by the Federal Reserve “to make up for China’s coronavirus situation and slowdown.”The markets quickly rallied after the Federal Reserve announced the decision. Th…
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How Democrats’ delegate math actually works Small differences in the vote total could result in drastically different delegate hauls. We all know how the Democratic nomination contest works, right? Well, we think we do. People go and vote in primaries or caucuses in their states. The votes are counted and we see who wins. And then those votes get translated ... somehow ... into how many delegates each candidate gets. Even many hardened political obsessives tend to fast-forward through that last bit: the delegate math. It’s complicated and confusing, so why bother? But the delegate math is incredibly important: It determines who wins. A candidate needs a majority of delegates to get the nomination at the Democratic National Convention. (Bernie Sanders has recently argued that…
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Live updates: Fed cuts interest rates in bid to brace for coronavirus impact With the coronavirus spreading unpredictably and Americans bracing for an increasing impact at home, the Federal Reserve made an emergency interest rate cut Tuesday, slashing the benchmark U.S. rate by half a percentage point. The central bank has not made an emergency move like this since late 2008. It was also a sign that global central banks are prepared to act to contain the economic fallout from the coronavirus. The move came after President Trump, in a tweet, called for a “big” interest rate cut by the Federal Reserve “to make up for China’s coronavirus situation and slowdown.” The markets quickly rallied after the Federal Reserve announced the decision. Th…