A New York appellate judge on Wednesday refused to halt collection of Donald Trump’s $454 million civil fraud penalty while he appeals, rejecting the former president’s request that he be allowed to post a bond covering just a fraction of what he owes. Judge Anil Singh of the state’s mid-level appeals court ruled that Trump … Read more
NEW YORK (AP) — The longtime head of the National Rifle Association, Wayne LaPierre, misspent millions of dollars of the organization’s money, using the funds to pay for an extravagant lifestyle that included exotic getaways and trips on private planes and superyachts, a New York jury determined Friday. The jury ordered LaPierre, 74, to repay … Read more
Both the S&P 500 and Dow Jones Industrial Average reached new all-time highs on Thursday, buoyed by record-breaking results from chipmaker Nvidia that set off a rally in other technology companies. The S&P 500 rose 2.1% Thursday to a fresh record, while the tech-heavy Nasdaq added 3%. The Dow, which has a smaller weighting in … Read more
A New York man inadvertently called the cops on himself when he reported a burglary at the location where he was running a secret meth lab that authorities compared to the iconic show “Breaking Bad.” Matthew Leshinsky, 23, of Farmingville on New York’s Long Island, pleaded guilty to unlawful manufacture of methamphetamine and other related … Read more
The Biden administration said Monday the government is providing $1.5 billion to the computer chip company GlobalFoundries to expand its domestic production in New York and Vermont. The announcement is the third award of direct financial support for a semiconductor company under the 2022 CHIPS and Science Act. The law enables the government to invest more … Read more
NEW YORK (AP) — Donald Trump won’t face the corporate death penalty after all. A New York judge on Friday spared the ex-president that worst case punishment as he ruled in a civil case alleging Trump fraudulently misrepresented financial figures to get cheaper loans and other benefits. Still, Trump got slammed hard, facing big cash … Read more
Michael Cohen, a former personal lawyer for former President Trump, said he thinks that Trump will be convicted “on all charges” in his New York hush money case. “I believe, based upon the information that I know, and based upon, not just the documentary evidence but the corroborating testimony from so many people, I believe … Read more
NEW YORK (AP) — Wall Street is rolling even further into record-setting heights on Monday. The S&P 500 was up 0.4% in afternoon trading after closing Friday above the 5,000 level for the first time, its latest milestone in a run that began in October. The Nasdaq composite, meanwhile, was 0.4% higher and threatening to … Read more
Latest on Trump’s legal battles | Feb. 7, 2024 – CBS News Watch CBS News What are former President Donald Trump’s options after an appeals court ruled he’s not immune to prosecution in special counsel Jack Smith’s 2020 election interference case? CBS News campaign reporter and attorney Katrina Kaufman has more on that and new … Read more
The world’s biggest bond market rebounded, with traders gearing up for a record $42 billion sale of 10-year Treasuries after a solid start to this week’s ramped-upBloomberg Terminal issuance sizes. Following a selloff that drove two-year yields to their highest since before the Fed’s December “pivot”, bonds climbed. A $54 billionBloomberg Terminal sale of three-year … Read more