Trump has picked Ohio Senator JD Vance as his vice president. The 39-year-old politician, who once called Trump “America’s Hitler”, said he had been sceptical of the former president but has changed his mind since then.

Biden sat down for an interview with NBC News and reiterated his intent to stay in the presidential race. The US president also said it was a “mistake” to say that he wanted to put a “bulls-eye” on Trump.

Also read: After assassination attempt, Trump and Biden seek calm, unity

Secret Service Director Kimberly Cheatle said the assassination attempt on Trump was “unacceptable” and “something that shouldn’t happen again”.

Top Republicans, including Nikki Haley and Ron DeSantis, are expected to take the stage at the RNC on Tuesday, while Vance will speak on Wednesday. Trump is expected to address the convention on Thursday.

The economy was the official theme of the first night of the RNC with several speakers praising Trump’s plans to end inflation.

Also read: Shooter in Trump attack is 20-year-old Pennsylvania-based Republican

However, Trump’s campaign released few hard numbers and no real policy language or legislative blueprints while speakers on Monday offered little additional detail.

By comparison, the Biden campaign has published an exhaustive 188-page budget proposal that lays out his economic vision and some economists have raised concerns about the potential economic impacts of some of Trump’s key policies.

A recent analysis by the Peterson Institute of International Economics showed that deporting 1.3 million workers would cause the size of the US economy to shrink by 2.1 percent, essentially creating a recession.

Meanwhile, analysis by economists Kimberly Clausing and Mary Lovely found that Trump’s plans to substantially increase tariffs, taxes on imports, would cost a typical US household $1,700 a year.

Crypto stocks, gun stocks and shares of other companies that could benefit from a Trump presidency are up, after an assassination attempt on the Republican candidate boosted expectations he would win the November election.

This included Trump Media & Technology Group, which is majority-owned by Trump and is the parent company of the social media platform Truth Social. Shares of the company soared by 30 percent, lifting its stock market value to $7.6bn, despite its revenue being comparable to that of two Starbucks stores in the US.

“It’s nearly four months to go [until the election] and things can change, but today, the markets are betting on Trump being the victor,” said Ben Laidler, the head of equity strategy at Bradesco BBI, adding that Trump Media “is the tip of the spear and the most sensitive to a Trump victory”.