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 […]Read More
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 […]Read More
After weeks of largely ignoring former president Donald Trump’s hush money trial in New York, President Biden’s campaign weighed in Thursday evening after Trump was found guilty on all 34 counts, saying the verdict showed that “no one is above the law.” But campaign officials also say privately they do not expect the verdict, striking […]Read More
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 […]Read More
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 […]Read More
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 […]Read More
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 […]Read More
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 […]Read More
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 […]Read More
The Internal Revenue Service announced Thursday that its experimental Direct File free tax-filing option for simplified tax returns would become a permanent option starting next year. In a release, the IRS, along with the U.S. Treasury Department, said its Direct File pilot program, which rolled out on a limited basis earlier this year, saw 140,000 […]Read More
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