New York Attorney General Letitia James’ office suggested Thursday that the Trump Organization failed to produce evidence in the $250 million fraud trial of Donald Trump and his company, citing a recent report accusing a key witness of lying under oath. The AG’s office said in a letter that it […]
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Billionaires are driving South Florida home prices to new records
From Palm Beach to Miami Beach, luxury home prices in Florida’s richest enclaves are reaching new records as billionaires and millionaires continue to buy up property. The average sale price of a home in Palm Beach topped $20 million in the third quarter, making it far and away the most […]
What tie-ups in the U.S. oil patch could mean for players like Coterra Energy
Exxon Mobil ‘s (XOM) planned deal to buy Pioneer Natural Resources (PXD) has sparked talk of more consolidation in the oil-and-gas industry. While we don’t own companies as mergers-and-acquisition plays, the potential for more tie-ups could have significant implications for our remaining oil name: Coterra Energy (CTRA). It’s unclear which […]
Shein opens up about forced labor, data privacy as it looks to clear key hurdles before possible U.S. IPO
It’s no secret that Shein has ambitions to go public, but the fast-fashion juggernaut will have to overcome a slew of hurdles before it can win over Wall Street. The digitally native retailer skyrocketed to prominence during the Covid-19 pandemic after shoppers across the globe fell in love with its […]
CFPB pushing to give consumers more control over their financial data
Rohit Chopra, director of the CFPB, testifies during a House Financial Services Committee hearing on June 14, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images WASHINGTON — The Consumer Financial Protection Bureau on Thursday proposed a new rule to increase competition among banks by requiring the transfer of […]
Here’s what student loan borrowers need to know about the 12-month ‘on-ramp’ period
A woman planning a budget. Rockaa | E+ | Getty Images Do I have to do anything to apply for the relief? Borrowers do not need to enroll in the on-ramp period, the U.S. Department of Education says. If your loans were eligible for the pandemic-era payment pause, which mainly […]
Read the secret encrypted text messages that could help put Sam Bankman-Fried behind bars
Sam Bankman-Fried appears at federal court in New York on Oct. 4, 2023, in this courtroom sketch. Artist: Claudia Johnson Much of the government’s case against Sam Bankman-Fried hinges on the testimony and text messages from those in his crypto inner circle who turned against him late last year after […]
Jim Jordan backs plan to empower interim House speaker Patrick McHenry until January, sources say
U.S. Rep. Jim Jordan (R-OH) (R) talks to Speaker Pro Tempore Rep. Patrick McHenry (R-NC) as the House of Representatives prepares to hold a vote on a new Speaker of the House at the U.S. Capitol on October 18, 2023 in Washington, DC. Win Mcnamee | Getty Images Rep. Jim […]
Climate protesters disrupt start of Federal Reserve Chair Powell’s economic speech
The start of Federal Reserve Chair Jerome Powell’s speech on Thursday was delayed by climate activists protesting at the Economic Club of New York. The protesters appeared to be from a group called Climate Defiance. The group’s mission statement calls for the end of fossil fuel extraction on federal lands […]
Golf league founded by Woods, McIlroy announces ownership team led by Marc Lasry, Steph Curry
Andre Iguodala, #9; Stephen Curry, #30; and Klay Thompson, #11, of the Golden State Warriors high-five one another during the game against the Boston Celtics at the Oakland Arena in Oakland, California, on March 8, 2017. Noah Graham | National Basketball Association | Getty Images Some of San Francisco’s biggest […]