A federal jury in Manhattan has found former President Donald Trump liable for sexually assaulting writer E. Jean Carroll, a longtime columnist for Elle magazine, in the 1990s.
California Democratic Sen. Dianne Feinstein is expected to return to the Senate this week after a nearly three-month absence due to shingles, an illness that has kept her away since February. The 87-year-old senator's prolonged absence had led several House Democrats to call for her resignation, citing delays in advancing and confirming judicial nominees.
Jury deliberations began in the defamation case brought by E. Jean Carroll against former President Donald Trump, as jurors weighed whether there is enough evidence to find Trump liable for sexual assault.
U.S. authorities have successfully disabled a piece of malware, known as "Snake," allegedly used by Russia's intelligence agency for two decades to steal documents from NATO-allied governments and others. The FBI identified the group of hackers as "Turla" and obtained court approval to issue commands to the malware, permanently disabling it on infected computers.
This week, President Joe Biden is set to meet with congressional leaders from both parties in an attempt to reach an agreement on the debt ceiling before a critical deadline of June 1. Treasury Secretary Janet Yellen has warned that there are "no good options" for the United States in avoiding an economic calamity if the Treasury Department runs out of "extraordinary measures" it has been using to operate under the debt cap.
Former First Lady Melania Trump has endorsed her husband, former President Donald Trump, in his potential bid for reelection in the 2024 presidential race. In a recent interview, Mrs. Trump stated that it would be a privilege to serve as first lady again and emphasized her commitment to initiatives prioritizing children.
Wendy's Inc. is piloting an artificial intelligence (AI)-powered chatbot designed to handle drive-thru orders at one of its Columbus, Ohio locations starting this June. The system, powered by Google Cloud’s AI software, aims to provide a natural and conversational ordering experience similar to interacting with a human employee.
Fox Corp. has reported an 18% increase in revenue for the fiscal third quarter, totaling $4.08 billion, despite settling allegations that its network broadcasts defamed Dominion Voting Systems after the 2020 presidential election. Sales were lifted by a substantial 43% jump in advertising revenue.
The Investment Industry Regulatory Organization of Canada (IIROC) has temporarily halted the trading of a security belonging to a publicly-listed company, due to various concerns surrounding debt and equity marketplaces in the country. The suspension is set to ensure that a fair and orderly market is maintained during this period.
Former Wyoming congresswoman Liz Cheney has initiated her first television ad campaign of the 2024 election cycle in New Hampshire. The ad, titled "Risk", warns voters about the potential danger of a second Donald Trump presidency.
Former Pakistan Prime Minister Imran Khan was arrested by Pakistan's security forces during a scheduled court appearance in Islamabad. The arrest follows reports that Khan was involved in a robbery and attempted murder.
President Joe Biden is set to meet with top congressional leaders, including House Speaker Kevin McCarthy, at the White House on Tuesday in an effort to avoid a default if the government fails to raise the debt ceiling. Both sides have shown little willingness to compromise, leading to concerns that the Treasury Department may be unable to pay its bills and cause the U.S. defaults on its debts for the first time in history.
Guto Harri, the former communications director for Prime Minister Boris Johnson, has made explosive claims regarding an alleged confrontation between Mr. Johnson and King Charles as well as revealing that the ex-PM referred to Partygate investigator Sue Gray as a "psycho."
A recent Gallup survey, released on Tuesday, has shown that American confidence in the nation's economic leaders is dwindling. President Joe Biden, Federal Reserve Chair Jerome Powell, and Treasury Department officials are all facing decreased trust with regard to their ability to manage the economy.
Nintendo Co Ltd has announced its expectation to sell 15 million Switch game consoles in the financial year ending March 2024, compared with 17.97 million units sold the previous year. The Kyoto-based gaming company posted an operating profit of ¥504.38 billion ($3.73 billion) for the year ended on March 31, exceeding market estimates.
UK house prices fell for the first time this year, according to a measure released by Halifax, underlining the headwinds the market is facing as mortgage rates rise. The mortgage lender said its index of average prices fell 0.3% in April after small gains in each of the first three months of the year.
Saudi oil giant Aramco reported a first-quarter net profit of $31.88 billion on Tuesday, marking a nearly 20% decline from the same period last year due to concerns about global recession and lower crude oil prices. The company attributed the drop to fluctuating commodity prices and reassured investors that its low-cost upstream production strategy would help it withstand market volatility.
UBS Group has announced that Credit Suisse CEO Ulrich Koerner will join the executive board of the combined bank once it closes its takeover of its Swiss rival. Todd Tuckner will replace Sarah Youngwood as chief financial officer.
In a controversial move, House Minority Leader Kevin McCarthy is attempting to upend the American economy through a scheme called Atlas Shrugged. This strategy draws inspiration from Ayn Rand's 1959 novel of the same name, which features a literary leitmotif that has resonated with many Americans who are disillusioned by government intervention in their lives.
J.R. Moehringer, the ghostwriter of Prince Harry's memoir, has penned an essay for The New Yorker recounting his close relationship with the Duke of Sussex over a two-year period. In their collaboration on the book 'Spare,' they discussed an array of topics, including a brutal military exercise that took place during Harry's training in England and what Moehringer refers to as the "central tragedy" of Prince Harry's life.
China's exports grew by 8.5% in April compared to a year earlier, marking the second consecutive month of growth and exceeding economists' expectations. Meanwhile, imports fell by 7.9% last month, according to data released on Tuesday.
President Joe Biden called for major studios to come up with a “fair deal” for striking writers who have demanded changes to their contracts. The president made the comments while honoring Asian American, Native Hawaiian, and Pacific Islander Heritage Month at the White House with a star-studded screening of “American Born Chinese,” a show set to premiere later this month.
The Senate Judiciary Committee has requested that Supreme Court justices provide an itemized list of gifts worth more than $415 made by billionaire Republican donor Harlan Crow. The request also covers any other justice or family member, as well as a full list of lodging, transportation, real estate transactions and admission to private clubs provided by Crow.
LinkedIn, the social media network catering to business professionals, has announced its decision to phase out its local jobs app, InCareers, in China by September 9th. The move comes amid economic challenges and increased competition from external partners.
In a bid to preserve and revitalize the historic Five Points landmark, a local broadcaster has taken charge of restoring the Rialto Theatre in Raleigh. The initiative is aimed at breathing new life into this iconic venue and transforming it into a thriving cultural hub for both residents and visitors alike.
Twitter is set to purge inactive accounts in an effort to free up usernames and streamline the platform. The announcement follows a tweet from video game developer John Carmack expressing concerns that old tweets may be deleted as part of the process.
Rockland County officials have expressed their disapproval of New York City Mayor Eric Adams' proposal to send 340 adult male migrants, who are seeking asylum, to be sheltered in nearby counties. The plan was initiated as a response to the increasing number of asylum seekers arriving in the city, which is reportedly straining New York's shelter system.
The dollar inched higher on Tuesday after a loans survey revealed that credit conditions in the United States were less gloomy than expected, while the pound flirted with a one-year peak ahead of this week's Bank of England policy meeting. The Federal Reserve's quarterly Senior Loan Officer Opinion Survey (SLOOS) showed that while credit conditions for U.S. business and households continued tightening at the start of the year, it was likely due to the impact of the Fed's aggressive rate hikes rather than severe banking sector stress.
Sam Bankman-Fried, the founder of the now-bankrupt FTX cryptocurrency exchange, has filed a motion to dismiss 10 out of 13 criminal charges against him related to the collapse of his company. Federal prosecutors have accused Bankman-Fried, a former billionaire, of stealing billions of dollars in customer funds to cover losses at Alameda Research, purchase real estate properties and make political contributions through an illegal straw-donor scheme.
Goldman Sachs Group Inc (GSN) has agreed to pay $215 million to settle a long-running class-action lawsuit that accused the investment bank of widespread bias against women in pay and promotions. The plaintiffs alleged the bank systematically paid women less than men and gave women weaker performance reviews that impeded their career growth.
Early on Tuesday morning, Israeli aircraft conducted targeted airstrikes on Islamic Jihad positions within the Gaza Strip. These attacks led to the deaths of at least nine individuals and left several others injured.
Bud Light, one of the leading beer brands in the United States, has experienced a marked decline in sales for the week ended April 29, according to NielsenIQ data. The downturn comes amidst controversy surrounding the brand's recent partnership with a popular transgender influencer.
The childhood summer retreat of former First Lady Jacqueline Kennedy Onassis has been listed on the market for a staggering $55 million. Located in the prestigious Hamptons area of New York, this seven-acre estate boasts an eight-bedroom main house originally designed by renowned architect Arthur C. Jackson and built in 1917 for Manhattan lawyer George Wellington Schurman.
In a recent online auction event, collectors and enthusiasts alike were given the unique opportunity to bid on a piece of tech history: a check signed by Apple Inc. co-founder Steve Jobs just months after the company was established. As bidding escalated rapidly, the final winning bid reached an astounding $36,000.
Prominent interest-rate strategist Zoltan Pozsar, known for accurately predicting a major upheaval in US repurchase agreement markets that occurred in 2019, has left his position at Credit Suisse Group AG, according to an individual familiar with the situation who requested anonymity due to the private nature of the information.
The Simon Law Firm PC, a prominent plaintiff's firm established in 2000, has announced its decision to move to a new office location between Clayton and downtown St. Louis. Angela Louis, Director of Administration at the firm, revealed that the strategic positioning of this new office greatly appealed to the organization.
Washington state has recently signed a groundbreaking measure into law which aims to provide downpayment assistance to individuals impacted by racially restrictive real estate covenants in the past. The newly enacted law will additionally impose a $100 fee on certain recorded documents, with the funds raised going toward supporting the homeownership assistance program.
Los Angeles-based tech executive, Beau Mann, who vanished on November 30, 2021, has been found dead in Santa Monica. The founder of digital health app Sober Grid had last been seen at a Seven Eleven near his company's offices.
In a recent report, Birmingham has been recognized as one of the top cities in the nation for startup activity. The city's thriving entrepreneurial ecosystem and supportive business environment have contributed to its rapid growth in this area.
In a surprising turn of events, a renowned builder known for specialising in educational facility upgrades and associated works has collapsed, leaving several ongoing projects in jeopardy.
Union City, CA residents who used TurboTax to file their income taxes will soon receive checks under a $141 million class action lawsuit settlement with Intuit, the creator of the online tax preparation service. The company faced claims that it misled customers into paying for free tax services.