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Stock Market Today: Dow, S&P Live Updates for April 24: A $250 billion exchange-traded fund tracking the Nasdaq 100 got hit in late hours after Meta Platforms ...
bloomberg.com/news/articles/2024-04-23/stock-market-today-dow-s-p-live-updates
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New York appeals court overturns Harvey Weinstein’s 2020 rape conviction from landmark #MeToo trial
apnews.com/article/weinstein-metoo-appeal-ed29faeec862abf0c071e8bd3574c4a3
Quick Glance: Harvey Weinstein’s 2020 Rape Conviction Overturned
- New York's highest court overturned Harvey Weinstein's 2020 rape conviction, disappointing those who celebrated historic gains during the #MeToo era.
- The ruling was based on legal technicalities and did not exonerate Weinstein's behavior, according to #MeToo advocates.
- Weinstein, convicted in Los Angeles for another rape, will face retrial in New York, despite remaining in prison.
- The court criticized the admission of uncharged sexual acts as evidence, deeming it an abuse of judicial discretion.
Hush money trial: Trump forced to listen silently to people insulting him: Over the past week, Donald Trump has been forced to sit inside a frigid New York ...
apnews.com/article/trump-trial-jurors-hush-money-criticism-b4fe05a61ed566a587523d1120b46a76
Quick Glance: Hush Money Trial: Trump's Silent Encounter with Insults
- Donald Trump has been forced to listen to potential jurors in his criminal hush money trial in New York openly criticize him.
- Transitioning from a life of adulation to facing critics, Trump now experiences a different reality without the control he's accustomed to.
- Previously shielded from critique, Trump now faces a trial with potential felony convictions and will have to endure listening to more criticism.
- Potential jurors exhibited a range of opinions towards Trump, from admiration for his business acumen to open criticism of his persona and rhetoric.
US Treasuries Slide After GDP Data as Inflation Pressures Temper Fed Rate Cuts: Treasuries slid as signs of sticky price pressures in a reading of first-quarter ...
bloomberg.com/news/articles/2024-04-25/treasuries-drop-as-first-quarter-price-pressures-temper-fed-cuts
Meadows, Giuliani, 11 'fake electors' from 2020 are among those indicted in Arizona
npr.org/2024/04/24/1236998675/arizona-fake-elector-charges
Quick Glance: 11 Republican 'Fake Electors' Charged in Arizona
- Eleven Republicans were charged in Arizona for falsely claiming that Donald Trump won the 2020 presidential election in Arizona against Joe Biden.
- They met in Phoenix to sign a certificate declaring Trump had won the state. The document was sent to Congress and the National Archives but ignored.
- The Arizona charges follow indictments against fake electors in Nevada, Michigan, and Georgia.
- The charges allege conspiracy, fraud, and forgery as they falsely declared Trump as the winner in Arizona despite Biden's victory by over 10,000 votes.
Trump calls for multiple judges to be removed ahead of gag order decision: Former President Trump called for multiple judges to be removed Wednesday ...
thehill.com/regulation/court-battles/4617612-trump-calls-multiple-judges-removed-ahead-gag-order-decision/
Quick Glance: Trial Judge Evaluates Trump's Compliance with Gag Order
- Former President Trump is on trial in New York for hush money issues. David Pecker from 'National Enquirer' testified about an agreement to manipulate stories about Trump and his rivals.
- Concerns arose about Trump's violation of the gag order by criticizing court members. Mary McCord explained how the administration of justice can be disrupted by defendants' statements, leading to legal restrictions.
- Despite reluctance to detain a former president, fines may be imposed for attacks on witnesses and judicial families. Threats to security and witness testimonies pose serious challenges to the trial's integrity.
- Judges emphasize the importance of upholding justice by addressing threats and ensuring the safety of those involved in legal proceedings. The credibility of the trial hinges on maintaining a fair and secure environment.
US Treasury Yields Rise as Price Pressures Cast Doubt on Fed Rate-Cut Path: Treasury yields rose to 2024 highs as evidence of sticky US price pressures casts ...
bloomberg.com/news/articles/2024-04-25/treasuries-hold-losses-after-seven-year-sale-meets-expectations
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The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
ECB Can Be Out of Sync With Fed for Some Quarters, Noyer Says: The European Central Bank doesn’t have to wait for the Federal Reserve before cutting interest ...
bloomberg.com/news/articles/2024-04-26/ecb-can-be-out-of-sync-with-fed-for-some-quarters-noyer-says
US Bitcoin (BTC) ETFs Suffer One of Worst Outflows as Token Wavers: Investors pulled a net $218 million from US Bitcoin exchange-traded funds ...
bloomberg.com/news/articles/2024-04-26/us-bitcoin-btc-etfs-suffer-one-of-worst-outflows-as-token-wavers
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JPMorgan CEO Dimon says US economy is booming: JPMorgan Chase CEO Jamie Dimon expressed confidence on Tuesday in a robust U.S. economy backed by strong ...
reuters.com/markets/us/jpmorgan-ceo-dimon-says-us-economy-is-booming-2024-04-23/
Quick Glance: JPMorgan CEO Dimon Praises US Economy
- Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., speaks to the Economic Club of New York.
- Dimon expressed confidence in a robust U.S. economy with strong employment and healthy consumer finances.
- However, he warned about the potential economic effects of rising national debt, inflation, and geopolitical conflicts.
- Dimon also discussed the need for a more harmonious relationship between lenders and regulators, as well as praised U.S. leadership and economic power.
Fed’s Preferred Core Inflation Gauge Rose at Brisk Pace in March: The Federal Reserve’s preferred gauge of underlying US inflation rose at a brisk pace in March ...
bloomberg.com/news/articles/2024-04-26/fed-s-preferred-core-inflation-gauge-rose-at-brisk-pace-in-march
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US Economic Growth Isn't Helping Biden Reelection Campaign Due to Inflation: The latest good news and bad news about the US economy is just plain bad news ...
bloomberg.com/news/articles/2024-04-26/growth-plus-inflation-economy-is-a-lose-lose-for-biden
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FTC votes to ban noncompete agreements for most workers: U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule ...
apnews.com/article/jobs-employers-noncompete-agreements-economy-pay-4d7b3eb8e143cfd52025c7f2f5259fc4
Quick Glance: US implements ban on worker 'competition agreements' with business groups filing lawsuits
- The U.S. Federal Trade Commission has approved a framework to eliminate agreements often signed by employees to refrain from joining their employers' competitors or establishing rival businesses.
- The ban on noncompete agreements is projected to boost worker earnings by up to $488 billion over the next decade and facilitate the establishment of over 8,500 new businesses annually.
- Prominent business associations have criticized the framework and declared legal actions, contending that noncompete agreements assist companies in safeguarding trade secrets and advancing competitiveness.
- Unions have endorsed the FTC's vote in favor of the ban, hailing it as a significant triumph for workers that will enhance the national economy by fostering entrepreneurship.
Fed’s Forecasting Method Looks Increasingly Outdated as Bernanke Pitches New Way: The Federal Reserve is stuck in a mode of forecasting and public communication ...
bloomberg.com/news/articles/2024-04-21/fed-s-forecasting-method-looks-increasingly-outdated-as-bernanke-pitches-new-way
Gold (XAUUSD) Steady After Two-Day Drop Driven by Easing Mideast Tension: Gold ticked down ahead of US data due later this week that may shed more light on the ...
bloomberg.com/news/articles/2024-04-24/gold-xauusd-steady-after-two-day-drop-driven-by-easing-mideast-tension
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9 Stocks That Thrive When Interest Rates Are Higher: The prospect of elevated interest rates for longer has dented the broader stock market—but history shows ...
barrons.com/articles/stock-market-interest-rates-fed-0c59d125
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FDIC Officials Seek More Power Over ‘Passive’ Bank Investments: The Federal Deposit Insurance Corp. is weighing new hurdles for investment companies that want to ...
bloomberg.com/news/articles/2024-04-25/fdic-officials-seek-more-power-over-passive-bank-investments
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Biden campaign trolls Trump for golfing on day off from court: President Biden’s reelection campaign trolled former President Trump for golfing on his day off ...
thehill.com/homenews/campaign/4621546-biden-campaign-trolls-trump-golfing-court/
Quick Glance: Biden criticizes Florida's abortion ban and holds Trump accountable
- President Biden condemns the upcoming 6-week abortion ban in Florida.
- He blames Trump for appointing justices who overturned Roe v. Wade.
- Biden's campaign focuses on abortion rights to mobilize voters.
- Efforts to leverage Florida's abortion laws for political gain are highlighted.
Pictures of the Day | April 25, 2024: Our top photos of the day.
reuters.com/pictures/photos-of-the-day/pictures-day-april-25-2024-2024-04-25/
Fed to Make One Interest-Rate Cut Before US Election, Howard Lutnick Says: Cantor Fitzgerald Chief Executive Officer Howard Lutnick expects the Federal Reserve ...
bloomberg.com/news/articles/2024-04-25/lutnick-sees-fed-making-one-rate-cut-near-presidential-election
LIVE: Donald Trump appears in New York ahead of court hearing: Reuters Live on X (Twitter)
twitter.com/i/broadcasts/1MYxNoqPgkVKw
Judge Upholds $83 Million E. Jean Carroll Defamation Verdict Against Trump: A federal judge wrote that Trump’s efforts to get a new trial are “entirely without ...
thedailybeast.com/judge-upholds-dollar83-million-e-jean-carroll-defamation-verdict-against-trump
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Quick Glance: Court Rejects Trump's Bid for New Trial Against E. Jean Carroll
- A federal judge rejected former President Donald Trump’s request for a new trial—or to throw out the $83.3 million defamation ruling—against writer E. Jean Carroll, marking the latest legal loss for the former president.
- In the Thursday ruling rejecting the request for a new trial or the judgment to be dismissed, U.S. District Judge Lewis Kaplan said Trump’s argument was “without merit,” made “conspicuously without success” and “defies common sense.”
- Robbie Kaplan, Carroll’s lawyer, told Forbes in a statement they are “pleased with though not surprised by” the court’s decision, adding the award was “entirely reasonable” because of Trump’s continued defamation, “hatred and disdain.”
- In January, a jury determined Trump had to pay Carroll $83.3 million in damages after she accused him of sexual assault. Previously, another jury found Trump liable for sexual assault in the 1990s and subsequent defamation, ordering him to pay $5 million.
Average US 30-Year Mortgage Rate Rises to 7.17%, Up From 7.1% Last Week: Mortgage rates in the US increased for a fourth straight week.
bloomberg.com/news/articles/2024-04-25/mortgage-rates-in-the-us-climb-for-a-fourth-week-to-reach-7-17
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Gold (XAUUSD) Falls Again After Biggest Daily Slump in Almost Two Years: Gold extended losses after its biggest daily decline in almost two years ...
bloomberg.com/news/articles/2024-04-23/gold-xauusd-falls-again-after-biggest-daily-slump-in-almost-two-years
LIVE: ‘Stop arming Israel’ Passover protest held in Brooklyn: Reuters Live on X (Twitter)
twitter.com/i/broadcasts/1YqJDgQwALkGV
Weak GDP, strong prices, highlight Fed dilemma: U.S. economic growth in the first quarter fell below the Federal Reserve's estimates of the economy's long-run ...
reuters.com/markets/us/weak-gdp-strong-prices-highlight-fed-dilemma-2024-04-25/
Quick Glance: Disappointing Q1 Economic Growth and Implications
- The U.S. GDP grew at a rate of 1.6% in the first quarter, falling below expectations due to slower inventory replenishment and weak export growth.
- Despite the disappointing growth last quarter, this could potentially alter the views of Fed officials who were not keen on cutting rates following an upsurge in consumer prices.
- Some analysts believe that the weaker-than-expected report indicates the beginning of a broader economic slowdown.
- The report also highlights the performance of other sectors of the economy, such as the surge in housing construction, business investment growth, slower government spending, and the impact of trade on economic growth.
Latin America Sees Low-Rate Dreams Crumble, Political Woes Rise: The region that led the world into a promising cycle of interest rate cuts is warning that ...
bloomberg.com/news/articles/2024-04-19/latin-america-sees-low-rate-dreams-crumble-political-woes-rise
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US Stock Market Uncertainty Has Traders Buying Put Options to Hedge Portfolios: Stock market investors who have been reluctant to hedge their portfolios in the ...
bloomberg.com/news/articles/2024-04-24/reluctant-traders-protect-themselves-from-further-market-mayhem
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Trump nears huge win on delay, delay strategy: Trump may now see just one of his cases conclude before voters head to the polls.
axios.com/2024/04/25/trump-trial-supreme-court-updates-delay
Quick Glance: US Supreme Court discusses Trump's Immunity
- Conservative US Supreme Court justices signal sympathy for the argument that presidents have some immunity against criminal charges for certain actions taken in office.
- Former President Donald Trump appealed after lower courts rejected his request to be shielded from four election-related criminal charges.
- The Supreme Court hearing could distort the presidency without immunity and affect decision-making when bold and fearless action is most needed.
- The Supreme Court's decision on immunity is expected and could lead to Trump's trial occurring before the election.
New US Home Sales Jump to Highest Level Since September: Sales of new homes in the US bounced back in March in a broad advance as prospective buyers toughed out ...
bloomberg.com/news/articles/2024-04-23/new-us-home-sales-jump-to-highest-level-since-september
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The Dream of Fed Rate Cuts Is Slipping Away: Investors are backing away from expectations that the central bank can reduce rates in coming months ...
wsj.com/economy/central-banking/the-dream-of-fed-rate-cuts-is-slipping-away-55903ca5
After a constructive start, Trump yawns, sits back and surrenders control: If Mar-a-Lago represents one extremity of interior decor, the courtroom on the 15th ...
irishtimes.com/world/us/2024/04/25/after-a-constructive-start-trump-yawns-sits-back-and-surrenders-control/
Quick Glance: Trump Trials Insights: The Payment to Playboy
- During the seventh day of Donald Trump's criminal trial in Manhattan, the defendant's relationship with the National Enquirer was explored further.
- Pecker was granted protection from state prosecutors in 2019.
- Pecker was aware that the payment to the Playboy model violated election laws.
- Trump and Pecker's relationship extends prior to the election.
Traders Add Bets That Fed to Skip Interest-Rate Cuts This Year: Traders in the US interest-rates market have started to put on wagers that the Federal Reserve ...
bloomberg.com/news/articles/2024-04-23/traders-add-bets-that-fed-to-skip-interest-rate-cuts-this-year
Welcome to Venice. That’ll Be 5 Euros, Please.: Venice’s first day implementing a fee to enter the historic center went mostly smoothly ...
nytimes.com/2024/04/25/world/europe/venice-entry-fee-protests.html
Powell Signals High Rates for Longer Due to Persistent Inflation: Federal Reserve Chair Jerome Powell said recent inflation data have indicated it will likely ...
bloomberg.com/news/articles/2024-04-16/powell-signals-high-rates-for-longer-due-to-persistent-inflation
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Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
Scenes of Campus Protests at Columbia, Yale, MIT and NYU in Photos and Video: The arrests of more than 100 protesters at Columbia last week led to more campus ...
nytimes.com/2024/04/22/nyregion/college-campus-protests-photos-yale-columbia.html
George Santos drops independent bid to win U.S. House seat - UPI.com: Citing a desire to keep the U.S. House of Representatives under Republican control ...
upi.com/Top_News/US/2024/04/23/George-Santos-drops-house-election-bid/5801713919351/
Quick Glance: George Santos ends independent bid for US House seat
- Following his expulsion from Congress after a bipartisan vote on December 1, George Santos, a Republican representative from New York, is seen leaving the U.S. Capitol. On Tuesday, Santos announced his decision to withdraw his independent candidacy for New York's 1st Congressional District.
- In order to prevent a split in the Republican ticket between himself and the incumbent Republican candidate, Nick LaLota, in case he secures the Republican nomination after the New York primary on June 25, Santos opted out of an independent run, as reported by Politico.
- Nancy Goroff and John Avlon are currently competing for the Democratic nomination for the congressional seat during the New York primary.
- Despite concluding his independent candidacy, Santos hinted at a possible future congressional run. He expressed, 'The future holds countless possibilities, and I am prepared, eager, and capable to step up and fight for my country at any time.'
Trump lawyer on hush money case: ‘I don’t have hopes really that high’: Alina Habba, an attorney for former President Trump, signaled she does not have high ...
trib.al/tIvgIlg
Many think Trump being treated differently than other criminal defendants: Poll: A majority of Americans believe former President Trump is being treated ...
thehill.com/regulation/court-battles/4622766-donald-trump-hush-money-trial-cnn-poll/
Emerging Markets Extend Bounce to Second Day After US PMI Miss: Emerging-market stocks rose for a second session amid signs of easing tensions in the Middle East ...
bloomberg.com/news/articles/2024-04-23/emerging-market-stocks-sustain-recovery-as-mideast-concerns-ease
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Goolsbee Says Fed Needs More Time Before Cutting as Prices Stall: Federal Reserve Bank of Chicago President Austan Goolsbee said progress on inflation has ...
bloomberg.com/news/articles/2024-04-19/goolsbee-says-fed-needs-more-time-before-cutting-as-prices-stall
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Prosecutors Say Trump Keeps Breaking Gag Order, With Four New Violations: The judge in his criminal case is already considering whether to punish the former ...
nytimes.com/2024/04/25/nyregion/trump-gag-order-violations.html
Who are the 12 jurors in Donald Trump's hush money trial in New York?: Donald Trump will be judged in his historic New York criminal trial by 12 jurors selected ...
reut.rs/3U5e4tf
Trump Says He Has ‘Good Chance’ of Winning New York in November: Donald Trump said he believes he has a chance of winning New York in the Electoral College in ...
bloomberg.com/news/articles/2024-04-25/trump-says-he-has-good-chance-of-winning-new-york-in-november
The Crackdown on Student Protesters: Columbia University is at the center of a growing showdown over the war in Gaza and the limits of free speech.
nytimes.com/2024/04/25/podcasts/the-daily/the-crackdown-on-student-protesters.html
Trump trial live updates: Judge to weigh whether Trump violated gag order: Testimony resumes in Donald Trump's hush money trial, with David Pecker ...
apnews.com/live/Trump-trial-witnesses-updates
In Hush Money Trial, Pecker Says Trump Thanked Him for Burying Stories: David Pecker, former publisher of The National Enquirer, testified that Donald J ...
nytimes.com/2024/04/25/nyregion/trump-david-pecker-hush-money-trial.html
Fed to Cut Interest Rates Twice in 2024, BlackRock’s Rick Rieder Says: Bond investors confronting a painful run-up in yields in the past month may soon find ...
bloomberg.com/news/articles/2024-04-22/blackrock-s-rieder-sees-scope-for-two-fed-rate-cuts-this-year
Judge to weigh in on request to hold Trump in contempt for breaking gag order: The hearing could result in further financial punishment for Trump ...
pbs.org/newshour/politics/judge-to-weigh-in-on-request-to-hold-trump-in-contempt-for-breaking-gag-order
Quick Glance: Trump's Attempt to Influence 2016 Election: Hush Money Trial Begins
- An prosecutor alleges that Donald Trump tried to illegally influence the 2016 election by preventing damaging stories about his personal life from becoming public.
- The trial, potentially lasting up to two months, will require Trump to spend his days in a courtroom instead of on the campaign trail.
- The indictment includes 34 counts of falsifying business records, punishable by up to four years in prison.
- The case sheds light on efforts to suppress stories, known as 'Catch-and-Kill' in tabloid industry, to prevent potentially damaging revelations.
US Rent Inflation Looms Over Potential Interest-Rate Cut: Rent increases are taking longer to moderate in the Northeast and Midwest than in the West and South.
bloomberg.com/news/articles/2024-04-18/us-rent-inflation-looms-over-potential-interest-rate-cut
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New York Courts to release daily transcripts from Trump hush money trial: The transcripts will offer an unfiltered glimpse into the historic proceedings.
axios.com/2024/04/22/trump-new-york-criminal-trial-transcripts
Mike Johnson Booed by Columbia Pro-Palestinian Protesters: The House speaker was met with an angry crowd in New York City on Wednesday.
newsweek.com/mike-johnson-booed-columbia-pro-palestinian-protesters-1893957
Fed's preferred inflation gauge shows price pressures stayed elevated last month: A measure of inflation closely tracked by the Federal Reserve remained ...
apnews.com/article/inflation-prices-election-federal-reserve-rates-economy-f54d6af95e3eef434bddb72d25e3decf
Opinion | How a Loss in the Emergency Abortion Case Could Become a Win for Biden: A ruling in the emergency abortion case heard at the high court on Wednesday ...
nytimes.com/2024/04/25/opinion/supreme-court-abortion-biden.html
Quick Glance: Supreme Court Divided on Emergency Abortion Access: Highlights
- The Supreme Court seems divided on access to emergency abortions in states with near-total bans.
- The 1986 Emergency Medical Treatment and Labor Act could impact abortion access in emergencies.
- The debate raises questions about fetal personhood and abortion rights conflict.
- The court's decision could affect abortion access in 14 states with strict abortion bans.
ECB Can Move First But Fed Divergence Would Be Felt, Vujcic Says: The European Central Bank can lower interest rates before the Federal Reserve does likewise ...
bloomberg.com/news/articles/2024-04-19/ecb-can-move-first-but-fed-divergence-would-be-felt-vujcic-says
Our oddest photos of the week: Odd and unusual images from around the world this week.
reuters.com/pictures/our-oddest-photos-week-2024-04-25/
Global economy set to stay on a roll for the rest of the year: Reuters poll: The global economy is likely to carry its solid momentum for the rest of the year ...
reuters.com/business/global-economy-set-stay-roll-rest-year-2024-04-26/
Strong US Dollar Looks Set to Stay, Forcing Investors, Economies to Rethink: The world’s financial markets are encountering a force they didn’t bet on for 2024: ...
bloomberg.com/news/articles/2024-04-22/dollar-s-extended-supremacy-is-a-stark-wake-up-call-for-markets
U.S. economy grew at 1.6% annualized rate in first quarter: By comparison, GDP increased at 3.4% annual rate in the fourth quarter of 2023.
axios.com/2024/04/25/us-economy-gdp-report-q1-2024
Donald Trump’s $175mn bond should be invalidated, New York attorney-general says: Letitia James’s office says former president should have to post a new bond ...
ft.com/content/46f72518-d26d-4003-b3ed-ff72620c5ed4
JPY/USD: Why the Yen Is So Weak and What That Means for Japan: The yen continues to languish near a 34-year low against the dollar, mainly because interest rates ...
bloomberg.com/news/articles/2024-03-21/why-the-yen-is-so-weak-and-what-that-means-for-japan-quicktake
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Real Estate (HOUS, OPEN, RDFN) Stocks Sink on Rate Outlook, Earnings: Real estate brokerage stocks tumbled Thursday on waning expectations for Federal Reserve ...
bloomberg.com/news/articles/2024-04-25/real-estate-stocks-sink-on-rate-outlook-disappointing-earnings
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Trump was going to dominate the courtroom. Instead, he is shrinking.: Trump wrongly thought he might win the presidency on the courtroom steps.
washingtonpost.com/opinions/2024/04/23/trump-losing-courtroom-campaign-bragg-trial/
Fed’s Powell Rethinks Interest-Rate Cuts For 2024 To Combat Inflation: A string of disappointing inflation data has forced the Federal Reserve to reset the clock ...
bloomberg.com/news/articles/2024-04-19/fed-s-powell-rethinks-interest-rate-cuts-for-2024-to-combat-inflation
Live updates: Pro-Palestinian protests at USC, Columbia University, college campuses nationwide
edition.cnn.com/business/live-news/columbia-usc-university-protests-04-25-24/h_f411ea664f958431577c94e4f3268f2f
Quick Glance: USC Main Commencement Canceled Amid Gaza War Protests
- Protests against the Israel-Hamas war prompt the cancellation of USC's main graduation ceremony and numerous arrests at campuses nationwide.
- Universities are grappling with protests that could disrupt upcoming commencement ceremonies and are considering changes to regulations regarding encampments and exams.
- Some students demand schools sever ties with Israel, leading to accusations of antisemitism and concerns about safety on campus.
- The wave of protests, inspired by events at Columbia University, has led to civil rights investigations into universities facing protests and complaints of discrimination amidst the Israel-Hamas conflict.
On TikTok, Potential Ban of App Leads to Resignation and Frustration: While Congress says the social app is a security threat, critics of the law targeting it ...
nytimes.com/2024/04/24/technology/tiktok-ban-bill-frustration.html
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
NYC Mayor: 'No room for hate in our city to praise Hamas': Mayor Adams criticized pro-Palestinian protesters' language as "immoral" and ...
jpost.com/diaspora/antisemitism/article-798565
Trump's $175 million bond goes before judge on New York AG's concerns: The insurer that provided Donald Trump a $175 million bond in his New York civil fraud ...
reuters.com/world/us/trumps-175-million-bond-goes-before-judge-new-york-ags-concerns-2024-04-22/
Quick Glance: Trump Agrees to New Restrictions on $175 Million Bond in New York Civil Fraud Case
- The bond is meant to secure Trump's compliance with a $454.2 million judgment won by state Attorney General Letitia James if he does not succeed in an appeal.
- James had challenged the bond this month, saying Trump still had access to the Charles Schwab account pledged to the insurer as collateral.
- Justice Arthur Engoron imposed the penalty after finding that Trump fraudulently inflated his net worth and real estate assets to deceive banks and insurers into providing better terms.
- Trump defended the bond in court, emphasizing that he has plenty of money to put up for it.
Who is Todd Blanche, Donald Trump's lawyer in his Stormy Daniels hush money trial?
reuters.com/world/us/trump-lawyer-todd-blanche-draws-judges-ire-historic-trial-gets-underway-2024-04-24/
What Donald Trump Fears Most: A potential reckoning that he has spent a lifetime eluding could be coming.
theatlantic.com/politics/archive/2024/04/donald-trump-manhattan-trial-fear/678144/
It’s about time to hold Trump in contempt: Justice Juan Merchan must refuse to let former president Donald Trump undermine the rule of law.
washingtonpost.com/opinions/2024/04/25/trump-contempt-merchan-hush-money-trial/
White House declines Mike Johnson’s demand to call in the National Guard for college protesters
politico.com/news/2024/04/25/white-house-johnson-national-guard-protesters-00154374
Fed May Delay Rate Cuts Until After 2024, Neel Kashkari Says: The Federal Reserve needs to achieve more confidence that inflation is declining before cutting ...
bloomberg.com/news/articles/2024-04-18/kashkari-says-fed-could-potentially-hold-rates-steady-all-year
Stock Markets Today: Tesla, Elon Musk, Meta, Treasuries, TikTok ban, Fed: Good morning. Tesla’s shares soar on its plans to roll out cheaper cars as soon as this ...
bloomberg.com/news/newsletters/2024-04-24/stock-markets-today-tesla-elon-musk-meta-treasuries-tiktok-ban-fed
Ex-Trump attorney: Judge giving lawyer ‘tongue-lashing’ a ‘bad moment’: Jim Trusty, an ex-attorney for former President Trump, said it was a bad moment for ...
thehill.com/regulation/court-battles/4615793-ex-trump-attorney-judge-giving-lawyer-tongue-lashing-a-bad-moment/
On Earth Day, Biden Spotlights Climate Investments to Contrast With Republicans: President Biden announced $7 billion more for solar power projects and pointed ...
nytimes.com/2024/04/22/us/politics/biden-climate-young-voters.html
Economists Boost US GDP Forecasts, See Fed Rates Higher for Longer: Economists once again upgraded their forecasts for US growth, spending and employment ...
bloomberg.com/news/articles/2024-04-19/economists-dial-up-us-gdp-forecasts-temper-fed-rate-outlook
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Fed May Not Cut Interest Rates at All This Year, JPMorgan's Daniel Pinto Says
bloomberg.com/news/articles/2024-04-18/relatively-high-chance-of-no-rate-cuts-this-year-jpmorgan-s-pinto-says
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US House Speaker Johnson heckled and booed at Columbia, center of Gaza protests: Columbia University students heckled House Speaker Mike Johnson on Wednesday as ...
reut.rs/3UuMeYK
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