A New York appeals-court panel ruled that Donald Trump only needs to pay $175 million to delay his $454 million civil-fraud judgment, buying the former president more time to secure the funding. Photo: Curtis Means/Press Pool
Donald Trump’s aides have drawn up secret plans to oust the chairman of the Federal Reserve and allow the president to set interest rates, according to reports.
Despite overcapacity, government officials keep supporting automakers, unleashing “new productive forces” and adding to trade tensions.
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Former President Donald Trump was ordered to pay $355 million in penalties for fraud charges and profits on the sale of different assets. The penalties have been accumulating interest at a rate of 9% per year and have snowballed to current liabilities above $450 million. The fine is growing at a rate of $2.6 million per month. The penalties have put Trump at risk of the court seizing his assets. With a costly presidential campaign and high levels of financial scrutiny, Trump's ability to repay t
Leading crypto critic U.S. Sen. Elizabeth Warren (D-Mass.) has asked U.S. Attorney General Merrick Garland what tools the federal government needs to crack down on the use of digital assets to perpetrate child sexual exploitation, according to a letter she sent to the top U.S. law-enforcement official.
The cigarettes account for one-third of all sold in the U.S. and are predominantly consumed by Black and Hispanic smokers.
In an expression of disapproval on social media, prominent real estate investor Grant Cardone scrutinized President Joe Biden's proposed hike in capital gains tax in a recent X post. "Biden proposes 44.6% capital gains tax, from current 19%," Cardone posted. "Can't even come up with his own ideas taking a page out of Trudeau playbook who raised Canada to 66%." Cardone then invoked historical political outcomes, writing, "And he ignored how that played out for the last guy who tried it — the enti
The disappearance of inflation is one break President Biden seems unlikely to get in his reelection bid.
After preparing for a recession, and hoping for a soft landing, the U.S. might end up in an unexpected bout of stagflation.
Most personal finance experts recommend waiting until 70 to claim Social Security, but there are some downsides to consider.