For months, top advisers to Donald Trump expected that he would be convicted by a New York jury on all 34 felony counts. So Trump and his team waged an all-out war against the judicial system before the verdict came in, hoping to blunt the political damage and position him as a martyr. They sent hundreds of fundraising appeals attacking ...
NEW YORK — A New York jury on Thursday found Donald Trump guilty on 34 counts of falsifying business records to conceal a hush money payment to an adult-film actress, delivering a historic verdict that could shape the November election and that makes Trump the first former U.S. president convicted of a crime. The verdict is an extraordinary loss for ...
Former president Donald Trump on Thursday railed against a “rigged, disgraceful trial” after a jury found him guilty on all 34 counts in his hush money trial in New York. “The real verdict is going to be November 5th by the people,” Trump said, speaking to reporters outside the courtroom, “and they know what happened here, and everybody knows what ...
NEW YORK — Around 4:15 p.m. Thursday, Donald Trump strode into a Manhattan courtroom, looking cheerful with his usual entourage of lawyers and advisers as he took his seat at the defense table. The judge said he would soon dismiss the jury for the day, and Trump sat whispering, smiling and laughing with attorney Todd Blanche, seemingly enjoying himself. Then ...
Walgreens announced Wednesday it would continue to cut prices on 1,300 items — making it the latest company to pivot to value amid signs U.S. consumers are experiencing spending fatigue. The pharmacy chain said in a statement announcing a ‘summer of savings’ that the lower prices were in response to consumers’ ongoing struggles with elevated inflation rates that continue to ...
WASHINGTON — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed officials underscoring their intention to keep borrowing costs high as long as needed to curb persistently elevated inflation. A key reason for the delay in rate cuts is that the inflation pressures that are bedeviling the ...
Shares of U.S. Cellular popped nearly 6% Tuesday after T-Mobile announced that it plans to acquire most of the company, including the wireless operator’s stores, some of its spectrum assets and its customers in a deal worth $4.4 billion. The deal includes cash and up to $2 billion of debt, according to a press release from T-Mobile. Up to $100 million of the deal’s cash ...
American Eagle on Wednesday said it’s making gains in boosting profitability as it works to improve its product assortment and tweak operations. Still, its fiscal first-quarter sales came in weaker than Wall Street expected. While revenue came in slightly below estimates, it was 6% higher than the year ago period and marked a new record for the company, it said in ...
After a brief pullback during much of May, mortgage rates began rising again last week. That had an immediate impact on what had been several weeks of strengthening mortgage demand. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 7.05% from 7.01%, with points rising to 0.63 from 0.60 (including the ...
The business world is increasingly banking on artificial intelligence to be the next big thing, and has found itself turning to one maker of computer chips in particular — Nvidia — to power the revolution. On Tuesday, Nvidia shares were up another 5%, leading the Nasdaq stock index, which represents technology firms, to a new all-time high. Over the past ...