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Das beschäftigt die Welt: George Santos lied to voters. What are the consequences?
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Rep. George Santos Will Serve On These 2 Committees After Lying About Resume: Republicans didn’t give Santos any highly coveted posts, but the assignments ...
forbes.com/sites/nicholasreimann/2023/01/17/rep-george-santos-will-serve-on-these-2-committees-after-lying-about-resume/
GOP Rep. George Santos will serve House committees on small business, science: reports
businessinsider.com/embattled-republican-rep-george-santos-gets-house-committee-assignment-2023-1
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Das beschäftigt die Welt: George Santos lied to voters. What are the consequences?
twitter.com/i/spaces/1YpJkgeaDZXJj
Rep. George Santos Will Serve On These 2 Committees After Lying About Resume: Republicans didn’t give Santos any highly coveted posts, but the assignments ...
forbes.com/sites/nicholasreimann/2023/01/17/rep-george-santos-will-serve-on-these-2-committees-after-lying-about-resume/
GOP Rep. George Santos will serve House committees on small business, science: reports
businessinsider.com/embattled-republican-rep-george-santos-gets-house-committee-assignment-2023-1
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Scandal republican George Santos and his connections to Russia: Republican George Santos has been heavily criticized for numerous lies. The deputy is now said to ...
fr.de/politik/usa-skandal-republikaner-george-santos-verbindungen-russland-92032901.html
11 Republican "fake electors" indicted for falsely declaring Trump won Arizona: Eighteen people including Donald Trump’s former chief of staff Mark Meadows and ...
apnews.com/article/arizona-fake-electors-charges-2020-election-9da5a7e58814ed55ceea1ca55401af85
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 spends more than a quarter of campaign donations on legal fees: Ex-president’s court cases have drained $76mn from his election coffers since January last ...
ft.com/content/962599e8-5306-4b14-b56a-034ffe2cb824
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.
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.
George Santos ends comeback bid for Congress: Former U.S. Rep. George Santos says he's dropping his longshot bid to return to Congress ...
apnews.com/article/george-santos-congress-campaign-a4c4cc2ea7cb52a13ec9f8dfc5ede86c
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.'
War in Ukraine: US to send new aid right away, Biden says: The president says weapons and equipment will be sent to Kyiv "in the next few hours" ...
bbc.com/news/world-us-canada-68885868
Quick Glance: Biden signs Comprehensive Military Aid Package for Ukraine, Israel, and Taiwan
- President Biden announces the signing of a substantial $95 billion military assistance package for Ukraine, Israel, and Taiwan, with a significant portion of the funds directed towards Ukraine.
- Despite initial resistance from Republicans in Congress, Biden has signed the aid package, highlighting the reinforcement of allies and ensuring prompt deliveries to Ukraine.
- The assistance for Ukraine includes weapons and military equipment valued at around $1 billion, encompassing artillery shells and air defense missiles.
- Military analysts do not foresee significant changes on the frontlines in eastern Ukraine, while the US support aims to aid Ukraine in operations in southern Ukraine, particularly focusing on Crimea and the Black Sea.
Late Night Skewers Trump’s Review of Jimmy Kimmel’s Oscar Hosting: “Ranta Claus got up bright and early to post 165 venomous words about yours truly ...
nytimes.com/2024/04/18/arts/television/jimmy-kimmel-trump-oscars.html
Quick Glance: Trump Mixes Up Jimmy Kimmel and Al Pacino in Rant
- Former President Donald Trump recently mixed up Jimmy Kimmel and actor Al Pacino in a bizarre rant on social media about Kimmel's hosting of the 2024 Academy Awards.
- Trump claims Kimmel experienced a 'classic blackout' at the Oscars and forgot to say the famous mandatory line 'AND THE WINNER IS.'
- Kimmel responded to Trump's mix-up with a humorous comment, referencing Trump's self-proclaimed status as a 'very stable genius' in 2018.
- Trump's rant about Kimmel seems to be in response to his monologue on 'Jimmy Kimmel Live' discussing Trump's declining wealth and hush money trial.
Giuliani among 18 charged in Arizona election scheme; Trump an unindicted co-conspirator
reuters.com/world/us/grand-jury-indicts-18-alleged-arizona-fake-elector-scheme-re-elect-trump-2024-04-24/
Quick Glance: Giuliani, 17 Others Indicted in Arizona for Fake Elector Scheme; Trump Named Co-Conspirator
- Rudy Giuliani, a former lawyer for Donald Trump, is among 18 individuals indicted in Arizona for allegedly illegally attempting to claim the state's 2020 electoral votes for the former US president, with Trump identified as an unindicted co-conspirator.
- The indictment in Maricopa County Superior Court lists 11 defendants and redacts the names of seven others. Arizona Attorney General Kris Mayes stated that these names would be disclosed after serving all defendants with the indictment.
- The indictment alleges that the defendants pressured state officials to change election results, including fraud, forgery, and conspiracy, carrying potential sentences ranging from six months to over 12 years upon conviction.
- Several individuals posing as electors for Trump have been charged in Arizona, Georgia, Michigan, and Nevada. The fake elector scheme is also a focal point in the federal case against Trump led by Special Counsel Jack Smith.
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.
Biden trolls Trump on injecting bleach anniversary: President Biden on Tuesday trolled former President Trump on the fourth anniversary of him suggesting ...
trib.al/Sngdq4Z
Trump seeks to blame Biden for potential TikTok ban: Former President Trump is casting blame on President Biden for legislation that could potentially ban TikTok ...
thehill.com/policy/technology/4612396-trump-seeks-to-blame-biden-for-potential-tiktok-ban/
Quick Glance: Measures Against TikTok: Biden Sets Deadline for Sale
- President Biden has signed legislation requiring ByteDance to fully divest from TikTok within a year or potentially face a nationwide ban.
- This action poses a significant challenge to the future of the video-streaming app in the U.S. and escalates the technological conflict between America and China.
- TikTok plans to take legal action against the Biden administration, citing concerns that the law could impede the free speech of millions of Americans.
- This requirement was incorporated into a bill providing foreign aid for Israel, Ukraine, and Taiwan, mandating ByteDance to sell its stake in TikTok within 12 months under the threat of closure.
Grand jury indicts 18 in alleged Arizona fake elector scheme to re-elect Trump: A grand jury has indicted 18 people on charges that they took part in an Arizona ...
reut.rs/4beb98x
Everything You Need to Know About the TikTok Ban: Your Questions Answered: President Biden signed a foreign aid bill that includes a ban on TikTok in the US ...
pcmag.com/news/everything-you-need-to-know-about-the-tiktok-ban-your-questions-answered
Quick Glance: Implications of a TikTok Ban on China's Technology Plans and Global Digital Divide
- TikTok is at a critical juncture in America as its Chinese owner must complete the sale of the app within a year to avoid a ban in its largest market.
- The potential TikTok ban would not only greatly weaken China's technology ambitions but also deepen the divide between the digital worlds of rival economic superpowers.
- The potential enforcement of a TikTok ban could expedite a transformation that divides the world's technological landscape into two factions, one around the US and the other around technologies from China.
- Chinese companies and apps operating in the US are encountering increasing challenges as the US government implements measures to restrict the access of Chinese companies to the market.
China Is Front and Center of Gold’s Record-Breaking Rally: Gold’s rise to all-time highs above $2,400 an ounce this year has captivated global markets. China ...
bloomberg.com/news/articles/2024-04-21/china-is-front-and-center-of-gold-s-record-breaking-rally
Twelve jurors have been picked in Trump's hush money trial: A jury of 12 people has been seated in former President Donald Trump’s hush money trial in New York ...
apnews.com/article/trump-manhattan-stormy-daniels-michael-cohen-b514cb52bb31a82579cb827c40166173
Quick Glance: Twelve Jurors Seated in Trump's Hush Money Trial
- A jury of 12 individuals was empaneled on Thursday in the landmark hush money trial of former President Donald Trump, bringing the proceedings closer to opening arguments and the commencement of weeks filled with compelling testimonies.
- The upcoming trial is anticipated to present unfavorable testimonies regarding Trump's personal life pre-presidency, including accusations of manipulating business records to suppress narratives in the final days of the 2016 election surrounding his intimate relationships.
- Central to the trial is a payment of $130,000 made by Cohen just before the 2016 election to adult film actress Stormy Daniels, aimed at preventing her allegations of a sexual encounter with Trump from being publicized in the campaign's final stretch.
- The selection of the jury holds paramount significance in any criminal proceeding, particularly so when the accused is a former president and the presumed Republican candidate. Potential jurors have undergone extensive scrutiny concerning their online presence, personal backgrounds, and political stances as legal representatives and the judge meticulously scrutinize for partialities that could compromise their impartiality.
Wall Street Banks Face CFTC Probe of NDAs in Swaps, Clearing Businesses: A top financial regulator is asking large Wall Street banks for non-disclosure ...
bloomberg.com/news/articles/2024-04-23/nda-probes-are-expanding-to-large-banks-swaps-clearing-businesses
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Israel Credit Rating Downgraded by S&P on Heightened Geopolitical Risk: Israel was downgraded by S&P Global Ratings, which joined Moody’s Investors Service ...
bloomberg.com/news/articles/2024-04-18/s-p-downgrades-israel-rating-on-heightened-geopolitical-risk
Gold’s Record-Setting Rally May Have Its Roots in Chinese Frenzy: Gold’s record-setting rally this year has puzzled market watchers as bullion has roared higher ...
bloomberg.com/news/articles/2024-04-23/gold-s-record-setting-rally-may-have-its-roots-in-chinese-frenzy
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Ukraine aid: Trump relents, now Europe must step up: The new American arms aid is a huge relief for the hard-pressed Ukraine. But no one can rely on this being ...
nzz.ch/international/trump-lenkt-ein-und-unterstuetzt-die-ukraine-jetzt-muss-westeuropa-nachdoppeln-ld.1827299
Quick Glance: Ukraine Aid: Europe Must Step Up
- American military aid brings relief to Ukraine, but doesn't guarantee a turnaround in the defense war.
- Trump's approval remains uncertain, and political support in Washington is volatile.
- Russia's structural superiority and US political volatility call for increased support for Ukraine.
- Defending against Putin's imperialism becomes a long-term task - Europe needs to invest more in defense.
Trump spends more than a quarter of campaign donations on legal fees: Ex-president’s court cases have drained $76mn from his election coffers since January last ...
ft.com/content/962599e8-5306-4b14-b56a-034ffe2cb824
Trump fumes while Biden hits the trail: No day demonstrated the extreme asymmetry of the unfolding campaign more than Tuesday.
politico.com/news/2024/04/23/trump-biden-campaign-trial-00153963
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.
“All he talks about is revenge”: Author Rushdie urgently warns against Donald Trump’s re-election
spiegel.de/ausland/salman-rushdie-donald-trump-waere-bei-zweiter-amtszeit-schlimmer-a-3bfc8a05-b6ae-4359-82c4-64196549c33f
Stock Market Today: Dow, S&P Live Updates for April 19: A selloff in the world’s largest technology companies hit stocks, with the industry that has powered the ...
bloomberg.com/news/articles/2024-04-18/stock-market-today-dow-s-p-live-updates
China’s Prices Are Just Too Low for Buyers to Sweat About Tariffs: China can withstand any new tariffs the world throws at it – even the punitive ones Donald ...
bloomberg.com/news/articles/2024-04-23/china-s-prices-are-just-too-low-for-buyers-to-sweat-about-tariffs
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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
Trump holds overall 6-point lead in battleground states: Poll: Former President Trump holds a 6-point lead over President Biden in key battleground states that ...
thehill.com/homenews/campaign/4617401-trump-holds-overall-6-point-lead-in-battleground-states-polling/
Supreme Court to Decide Whether Donald Trump Can Be Criminally Prosecuted: The Supreme Court will hear arguments about whether as a former President ...
time.com/6970029/donald-trump-supreme-court-immunity-case/
Quick Glance: Supreme Court to Decide on Donald Trump's Prosecution Immunity
- Donald Trump argues before the Supreme Court that as a former President, he is largely immune from prosecution. The decision will impact the speed at which Trump faces trial in Washington, D.C.
- At the heart of the matter is whether a former President enjoys immunity from criminal prosecution. Trump's team contends his actions were official acts shielded from prosecution, while prosecutors argue against immunity.
- Legal experts anticipate Trump's likely defeat at the Supreme Court. The outcome could also affect his other ongoing trials.
- With a 6-3 conservative majority, the Court has various options, including affirming Trump's immunity claim, setting a precedent, or remanding the case for further review by the D.C. judge.
Why It’s Time to Sell Your Oil Stocks: The shares of oil companies have enjoyed an impressive rally and are unlikely to gain much more.
barrons.com/articles/sell-oil-stocks-f591416c
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Some Nikki Haley voters are hanging on to her candidacy and, like her, refuse to endorse Trump
apnews.com/article/nikki-haley-donald-trump-pennsylvania-joe-biden-c8ab4e675cfd2fa64d6b749b881c6fbd
Lithuanian president commends Duda for influencing Trump's stance on Ukraine: Lithuanian President Gitanas Nausėda believes that a meeting between Polish ...
pravda.com.ua/eng/news/2024/04/20/7452158/
Quick Glance: Trump to Meet Polish President Duda as NATO Leaders Push for Ukraine Support
- Presumptive Republican presidential nominee Donald Trump plans to meet with Polish President Andrzej Duda to discuss support for Ukraine.
- European leaders are concerned about Trump's critical stance towards NATO, especially after Russia's invasion of Ukraine.
- Poland hopes Duda can leverage his friendly ties with Trump to garner more support for Ukraine.
- The relationship between Poland and the Biden administration, along with GOP criticism of Ukraine aid, are also topics of discussion.
Switzerland Blocks More Than $14 Billion of Russian Assets: Switzerland has blocked 13 billion francs ($14.3 billion) in Russian assets held in the country ...
bloomberg.com/news/articles/2024-04-23/switzerland-says-it-s-blocked-14-2-billion-of-russian-assets
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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
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/
Man who attacked police after storming US Capitol with Confederate flag gets over 2 years in prison
apnews.com/article/isreal-easterday-confederate-flag-capitol-riot-c415036515508a9e28e9561e901c74f7
Trump, allies were part of Michigan fake elector scheme, investigator testifies: A Michigan prosecutor testified Wednesday that former President Trump and senior ...
trib.al/kPaCunp
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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TikTok Divest-or-Ban Bill Expected to Become US Law Within Days: The US House on Saturday put legislation forcing TikTok’s Chinese parent ByteDance Ltd ...
bloomberg.com/news/articles/2024-04-20/tiktok-divest-or-ban-bill-expected-to-become-us-law-within-days
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Quick Glance: San Francisco's Real Estate Market in Turmoil
- The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.
- In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.
- Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'
- San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
Jefferies CEO Just Sold $65 Million of Company Stock. He’s Buying a Yacht.: Jefferies CEO Rich Handler said the boat will be a “gift to myself and my family” and ...
barrons.com/articles/jefferies-ceo-stock-yacht-0bbe9020
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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.
Reuters World News: Trump's foreign courters, and other top stories: The US Senate approves a bill to ban TikTok unless it’s sold by its Chinese owner ByteDance.
reuters.com/podcasts/podcast-tiktok-countdown-trumps-foreign-courters-boeing-plastic-divide-2024-04-24/
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
- World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.
- Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.
- As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.
- While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
US Births Fell Last Year to Lowest Total Since 1979, Report Says: US births declined in 2023 to their lowest level in more than 40 years, continuing a two-decade ...
bloomberg.com/news/articles/2024-04-25/us-births-fell-last-year-to-lowest-total-since-1979-report-says
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EXCLUSIVE: Kind Founders Reveal How They're Building A Better Web3 For Creators, Gamers And Communities -
benzinga.com/markets/cryptocurrency/24/04/38327580/exclusive-kind-founders-reveal-how-theyre-building-a-better-web3-for-creators-gamers-and-c
Stock Market Today: Dow, S&P Live Updates for April 25: Asian equity markets dropped after Meta Platforms Inc.’s disappointing outlook raised concern on whether ...
bloomberg.com/news/articles/2024-04-24/stock-market-today-dow-s-p-live-updates
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Quick Glance: Current Stock Market Trends: Dow, S&P Updates for April 24
- Major tech giants experienced a downturn in late hours following disappointing forecasts from Meta Platforms Inc., raising concerns about the stock market's trajectory.
- Before the results, the broader market struggled to gain momentum as traders prepared for economic data that will influence views on the Federal Reserve's next moves.
- Investors withdrew around $200 million from value-based ETFs this month, while growth stocks attracted over $3 billion in inflows.
- JPMorgan Chase & Co. is signaling a clear buy indication for US stocks after reaching a threshold that typically precedes above-average gains.
Revival in Japanese Stock Market Hinges on Domestic Demand Taking Hold: Japan’s stock market needs to see more domestically-oriented companies step up their game ...
bloomberg.com/news/articles/2024-04-25/revival-in-japanese-stock-market-hinges-on-domestic-demand-taking-hold
🔊 Countries around the world are making plans for a possible second Donald Trump presidency. Find out more on the Reuters World News podcast
reut.rs/44aOebX
New York hush money case: Judge declines to delay trial after Trump complains of pretrial publicity
apnews.com/article/trump-hush-money-trial-4c79619c5e89e13d672e070a4244a302
Quick Glance: Path to Victory: Trump's NY Hush Money Trial
- The first criminal trial of any former president began with extortion, Trump should aim for an acquittal.
- Charges do not concern misconduct in settling hush money with Daniels, but entering payments to conceal another crime.
- The burden of proof for criminal intent is high, requiring proof for two layers of specific intent to convict Trump.
- A legal maneuver could allow Trump to dismiss his defense team and recruit a new team to potentially secure his case.
Biden administration finalizes rule to grant overtime for millions more salaried workers
apnews.com/article/overtime-eligibility-salaried-workers-biden-4bf790961d287794201f13b903fa9119
Quick Glance: Biden Grants Overtime Pay to 4 Million US Workers
- The Biden administration unveiled a rule requiring employers to pay overtime premiums to an estimated 4 million salaried workers earning less than $1,128 per week.
- The salary threshold will be automatically adjusted every three years to reflect changes in average earnings.
- The rule does not affect overtime requirements for hourly workers.
- The new rule is expected to face legal challenges, with many businesses expressing concerns about economic uncertainty and labor shortages.
TSMC Outlook Beats Estimates as AI Demand Helps Propel Business: Taiwan Semiconductor Manufacturing Co. expects revenue to rise as much as about 30% this quarter ...
bloomberg.com/news/articles/2024-04-18/tsmc-posts-first-profit-growth-in-a-year-after-global-ai-boom
Quick Glance: TSMC Forecasts Q2 Growth Due to 'Insatiable' AI Demand
- TSMC, the world's largest chipmaker, forecasts a potential up to 30% increase in sales in the second quarter, driven by strong demand for semiconductors used in artificial intelligence (AI).
- The CEO of TSMC emphasized the insatiable demand for energy-efficient computing power for AI applications, stating that almost all AI innovators are collaborating with the company.
- Benefiting from the AI wave, TSMC expects revenue from AI servers to surpass 20% by 2028. The company anticipates that strong demand for its 3nm and 5nm technologies will support business in the second quarter of 2024.
- Forecasts for 2024 indicate TSMC's positive outlook, with expectations of revenue rising in the low- to mid-20% range. Despite sluggish smartphone demand, the company remains optimistic about the future due to the ongoing demand for advanced chip technologies.
Brian Cox: Joaquin Phoenix was terrible in Napoleon and I would have played it better
standard.co.uk/news/londoners-diary/brian-cox-joaquin-phoenix-terrible-napoleon-i-would-have-played-it-better-b1151473.html
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
Trump Media Ropes In Congress to Pursue Claims of Illegal Shorts: Donald Trump’s social media startup publicized a letter to the heads of various US House of ...
bloomberg.com/news/articles/2024-04-24/trump-media-ropes-in-congress-to-pursue-claims-of-illegal-shorts
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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
Liz Cheney: Supreme Court should decide Trump immunity quickly so voters can hear Jan. 6 case
thehill.com/regulation/court-battles/4611017-liz-cheney-supreme-court-should-decide-trump-immunity-quickly-so-voters-can-hear-jan-6-case/
Quick Glance: Liz Cheney Urges Supreme Court to Decide Trump Immunity Quickly
- Liz Cheney calls for a swift Supreme Court decision on Trump's immunity so voters can hear the Jan. 6 case.
- Emphasizing the importance of the federal election fraud indictment against the former president before the upcoming elections.
- She advocates for all evidence to be publicly presented for the public to fully assess Trump's actions on Jan. 6.
- Cheney argues against immunity for Trump and urges the trial to proceed without delay to reveal critical evidence.
Ex-Melania Trump aide rips decision to ‘hawk some jewelry’: An ex-aide to Melania Trump is slamming the former first lady’s launch of a jewelry line just as her ...
thehill.com/blogs/in-the-know/4614805-melania-trump-hawk-some-jewelry-necklace-mothers-day/
The High Highs and Low Lows of Alan Ritchson: Behind the success of 'Reacher' was a harrowing struggle Alan Ritchson survived with a mix of faith, love ...
hollywoodreporter.com/movies/movie-features/alan-ritchson-interview-reacher-faith-stardom-mental-health-1235864260/
Trump 2.0: how U.S. allies are working to iron out the bugs: Germany is waging a charm offensive inside the Republican Party. Japan is lining up its own Trump ...
reut.rs/3WdNRv9
Man sentenced to 6 years in prison for attacking police with pole at Capitol: A North Carolina man who became a fugitive after a federal jury convicted him of ...
apnews.com/article/david-gietzen-fugitive-capitol-riot-sentence-b9437f4a4e2d6464f4b89c4523367d02
Bubble Tea Maker Chabaidao Debuts After HK’s Biggest IPO of 2024: Chinese bubble-tea maker Sichuan Baicha Baidao Industrial Co., also known as Chabaidao ...
bloomberg.com/news/articles/2024-04-22/bubble-tea-maker-chabaidao-debuts-after-hk-s-biggest-ipo-of-2024
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PepsiCo’s Earnings Are Tuesday. Wall Street Is Looking Further Ahead.: PepsiCo’s results are expected to highlight the challenge consumer-products companies face ...
barrons.com/articles/pepsico-stock-earnings-c87a4297
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Trump Meets Ex-Japan Premier Aso, Raising Concern Over Weak Yen (JPY USD): Former US President Donald Trump met former Japanese Prime Minister Taro Aso on ...
bloomberg.com/news/articles/2024-04-24/trump-meets-former-japan-premier-aso-amid-weak-yen-concern
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Quick Glance: Taro Aso Meets Trump in New York Prior to Election
- Ahead of the November elections, former Prime Minister Taro Aso met with Donald Trump in New York as some countries were establishing connections with the ex-US president.
- Serving as the Vice President of Japan's Liberal Democratic Party, Aso had a strong alliance with the late Prime Minister Shinzo Abe, who shared a close bond with Trump.
- During the meeting, Trump also commended Japan's increased defense expenditures.
- The meeting on Tuesday occurred following Trump's involvement in a hearing related to alleged hush money payments to a porn star before the 2016 presidential election.
If Trump gets convicted, what happens next? : Jailing an ex and possibly future president would be unprecedented. But these are unprecedented times.
thehill.com/opinion/judiciary/4615757-if-trump-gets-convicted-what-happens-next/
Biden picks up another big union endorsement, this one from building trades workers
apnews.com/article/joe-biden-union-endorsement-651dd9dd2eb8e16ab898366e9501dc4e
Historic trial: Prosecution accuses Trump of criminal offense before 2016 election
spiegel.de/ausland/wahlbetrug-anklage-wirft-donald-trump-straftat-vor-wahlen-von-2016-vor-a-d13ffed9-955b-4e7f-a358-bff4aa7a5984
About 1 in 4 US adults 50 and older who aren't yet retired expect to never retire, AARP study finds
apnews.com/article/aarp-older-adults-retirement-savings-prices-c4f1353d97e8c0a9973c9c67a8eab800
Trump called this visa 'very bad.' Truth Social applied for one: The social media company founded by former President Donald Trump applied for a business visa ...
apnews.com/article/trump-truth-social-business-visa-h1b-51c5a41faff696709a2d2cc6ec4e2695
NY AG asks Trump civil fraud judge to declare $175M bond ‘without effect’: The New York attorney general’s office has asked a judge to void the $175 million bond ...
thehill.com/regulation/court-battles/4606053-ny-ag-trump-civil-fraud-judge-declare-175m-bond-without-effect/
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.
Millions more go to Trump legal expenses as Biden and Democratic Party expand campaign cash advantage
cnn.com/2024/04/20/politics/campaign-finance-reports-trump-legal-fees/
Quick Glance: Millions more spent on Trump legal fees as Biden and Democratic Party expand campaign funds lead
- Donald Trump’s leadership PAC spent as much money as it took in last month, with his legal bills remaining a top expense as the former president grappled both with the aftermath of losing a civil fraud case and prepared for the start of a historic criminal trial in a Manhattan court.
- Save America, the political action committee that has underwritten much of Trump’s legal expenses, spent nearly $3.7 million on legal-related expenses in March – nearly $3 out of every $4 it collected, according to a filing Saturday night with the Federal Election Commission.
- President Joe Biden alongside the Democratic National Committee increased their financial lead over Trump and the GOP in the past month.
- The financial boost for Kennedy, the vice presidential pick of Robert F. Kennedy Jr., represents a financial boon for his independent bid for the White House. His campaign received a $2 million donation from Nicole Shanahan in March and raised over $3 million more that same month, based on campaign filings.
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/
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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Dubai Mansion Sales Soar as Wealthy Flock to Palm-Shaped Island: Sales of homes with a price tag of $10 million or more climbed 19% in Dubai during the first ...
bloomberg.com/news/articles/2024-04-16/dubai-mansion-sales-soar-as-wealthy-flock-to-palm-shaped-island
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Finally, America’s Congress does right by Ukraine: Disaster has been dodged. But the political malaise that delayed the Ukraine funding bill remains
economist.com/leaders/2024/04/20/finally-americas-congress-does-right-by-ukraine
RFK Jr. hurts Trump’s election chances more than Biden: poll: Robert F. Kennedy, Jr.’s independent presidential candidacy could hurt former President Trump more ...
thehill.com/homenews/campaign/4610416-rfk-jr-hurts-trumps-election-chances-more-than-biden-poll/
Trump Set for Another $1.3 Billion in Shares He Can’t Sell Yet: The blank-check deal that brought Donald Trump’s media startup public is set to give him another ...
bloomberg.com/news/articles/2024-04-23/trump-set-for-another-1-3-billion-in-shares-he-can-t-sell-yet
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Crypto Hedge Funds Lured by Returns of Memecoins, Like Dogwifhat (WIF): The hedge fund world appears to be finding the siren song of memecoins irresistible.
bloomberg.com/news/articles/2024-04-23/hedge-funds-lured-by-returns-of-memecoins-like-dogwifhat-wif
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GE Aerospace’s Earnings Are Going to Be Strange. Stay Tuned.: The results cover both GE Aerospace and GE Vernova because the two were still a single company ...
barrons.com/articles/ge-aerospace-stock-earnings-5b719990
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Trump trial: David Pecker explains how his tabloid helped win the 2016 election: Fabricated scoops, concerted attacks on the billionaire's rivals... On Tuesday ...
lemonde.fr/en/international/article/2024/04/24/trump-trial-david-pecker-breaks-his-silence-on-helping-2016-campaign_6669347_4.html
Britain sends a message to Trump: NATO is worth investing in: U.K. pledge to hike defense spending is designed to keep U.S. on side.
politico.eu/article/britain-sends-message-donald-trump-nato-worth-investing-in/
Quick Glance: Increase in UK defence spending by 2030
- Prime Minister Rishi Sunak commits to raising spending to 2.5% of GDP, putting the defence industry on a 'war footing'.
- Sunak emphasized the need for deeper stockpiles of munitions and quicker replenishment due to the events in the Ukraine conflict.
- The planned increase in defence spending would require significant financial reshuffling, partly through announced measures to reduce the size of the civil service.
- Shortly after announcing the pledge to send weapons worth 500 million pounds to Ukraine, this commitment followed.
While Donald Trump sleeps : The Ukraine aid vote in the House of Representatives exposed Republican divisions that will endure
ft.com/content/8c68cbb2-335b-4a07-b000-c2e075bb3443
Quick Glance: Melania Trump Launches Initiative to Woo Gay Conservatives at Mar-a-Lago Fundraiser
- Melania Trump unveiled an initiative at a fundraiser to attract conservative gay support for Donald Trump's 2024 candidacy.
- The event aimed to strengthen ties with conservative LGBTQ+ supporters and invest resources in educational efforts and pro-Trump messages.
- Led by Richard Grenell, the first openly gay Cabinet member in the U.S., the initiative seeks to persuade the LGBTQ+ community that Donald Trump is the best choice.
- Melania Trump's involvement represents a stark contrast to past campaigns as she takes on a key role in supporting conservative gay and lesbian voters.
Biden: I almost wanted to buy Trump Bible ‘just to see what the hell’s in it’: President Biden mocked former President Trump on Tuesday for hawking Bibles last ...
thehill.com/homenews/campaign/4615953-biden-trump-bible-abortion-florida/
Lara Trump says RNC will have people ‘who can physically handle’ ballots on Election Day
thehill.com/homenews/campaign/4618000-lara-trump-rnc-2024-election-day-physically-handle-ballots/
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