Articles from: Yahoo Canada Finance

204 articles

Former Trump Org. CFO sentenced to 5 months in jail

Allen Weiselberg, former chief financial officer of the Trump Organization, has been sentenced to five months in jail after being found guilty of fraud.

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Garland Appoints Special Counsel in Biden Documents Investigation

Attorney General Merrick Garland named a former U.S. attorney during the Trump administration as special counsel to examine the discovery of classified documents at President Biden’s home and office. Photo: Chip Somodevilla/Getty Images

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How Facebook and Twitter are punking Trump

Meta's offer to let Trump back on Facebook and Instagram is a clever move that puts Trump in a very uncomfortable corner.

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This week in Bidenomics: Bragathon

Biden can now claim economic superlatives that eluded his bombastic predecessor, Donald Trump.

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WSJ Opinion: Joe Manchin for President?

Wonder Land: If Donald Trump and Joe Biden are the 2024 presidential nominees, the West Virginia senator—or someone—will get into the race. Images: AP/Reuters/Zuma Press Composite: Mark Kelly

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WSJ Opinion: What's Up-or Down-with the U.S. Economy?

Journal Editorial Report: Paul Gigot interviews former Trump White House economist Kevin Hassett. Images: Bloomberg News/Zuma Press Composite: Mark Kelly

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Michael Cohen Arrives to Testify Before Grand Jury Investigating Trump

Donald Trump’s former personal lawyer Michael Cohen arrived Monday to testify before a Manhattan grand jury that is investigating the former president’s role in a hush-money payment to porn star Stormy Daniels just ahead of the 2016 presidential election. Photo: Justin Lane/EPA-EFE/Shutterstock

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WSJ Opinion: The Political Ramifications of a Donald Trump Indictment

Review and Outlook: An indictment of a former President must be for serious offenses with indisputable evidence, not the revival of a seven-year-old case by Manhattan District Attorney Alvin Bragg. Images: Reuters/AP Composite: Mark Kelly

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Gov. DeSantis calls out Fed Chair Powell

Yahoo Finance political columnist Rick Newman joins the Live Show to discuss Florida Gov Ron DeSantis' criticism of Fed Chair Jerome Powell, and former President Trump's felony charges.

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WSJ Opinion: Feeling Lucky, Democrats Back Non-Compos Presidential Politics

Wonder Land: A beside-the-point president is the best thing that has ever happened to the progressive centralization project. But its success in 2024 depends on whether Republicans back Trump or not. Images: Warner Bros/Kobal/Shutterstock/AP/Zuma Press Composite: Mark Kelly

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In Deposition, Trump Says ‘Historically’ Stars Can Grab Women by Genitals

In an edited deposition video released as a trial exhibit in the civil rape case filed by E. Jean Carroll against former president Donald Trump, he said that looking “over the last million years” it has been largely true that celebrities can grab women by the genitals. Photo: Trial Exhibit

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Watch: Trump Appears to Mistake Photo of E. Jean Carroll for Ex-Wife

In an edited deposition video released as a trial exhibit in the civil rape case against former President Donald Trump, he appears to mistake a photo of plaintiff E. Jean Carroll for his ex-wife Marla Maples. Photo: Trial Exhibit

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WSJ Opinion: The Trump-Biden MAGA Codependency

Wonder Land. As the Republican presidential candidates start to offer something more than Donald Trump's various paybacks, President Biden figures running against 'MAGA' is his path to a second term. Images: AP/Getty Images Composite: Mark Kelly

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Ron DeSantis Joins 2024 Presidential Race, Teeing Up Face-Off With Trump

Florida Gov. Ron DeSantis has officially entered the 2024 presidential race. WSJ's Alex Leary breaks down the challenges the Republican candidate may face on the national stage, including from former ally Donald Trump. Photo illustration: Jacob Nelson

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WSJ Opinion: Government Spending Will Define the 2024 Election

Wonder Land: Republican presidential hopefuls Ron DeSantis, Mike Pence, Nikki Haley, Tim Scott, Chris Christie, Vivek Ramaswamy and maybe even Donald Trump are united on spending. All offer a much safer future than the alternative. Images: Reuters/Zuma Press Composite: Mark Kelly

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WSJ Opinion: Donald Trump Responds to Classified Documents Indictment

Breaking the news on his social media platform, Truth Social, Donald Trump responded to federal charges of violating laws related to his handling of classified documents. Images: Truth Social/Getty Images Composite: Mark Kelly

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Donald Trump Charged in Classified Documents Case: A Legal Analysis

Donald Trump was charged with 37 counts in the investigation into his handling of classified documents. In his indictment, federal prosecutors lay out how they allege the former president kept national-defense information he knew he wasn’t supposed to have. Photo Illustration: Xingpei Shen

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WSJ Opinion: Trump Indictment Is Not a Repeat of Russia ‘Witch Hunt’

In an interview with 'Fox News Sunday' on June 11, 2023, former Attorney General William Barr rejected claims that Donald Trump's indictment is a continuation of the 'witch-hunt' that plagued his presidency. Images: AP/AFP/Getty Images Composite: Mark Kelly

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Trump-tied SPAC reaches agreement with SEC staff over merger

The special purpose acquisition company (SPAC), Digital World Acquisition Corp, said in the filing that the agreement was in principle and not yet definitive, and the terms were subject to the SEC's approval. In October 2021, Trump's newly formed media company, Trump Media & Technology Group (TMTG), announced a deal to go public by merging with DWAC.

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WSJ Opinion: The Great Migrant Mess

Wonder Land: The United States is often described as a 'nation of immigrants,' but with Biden’s open river or another Trump wall, the clock on American pre-eminence could stop, as illegal immigration taints the legal path to citizenship. Images: AFP/Getty Images/Zuma Press Composite: Mark Kelly

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Trump classified documents trial set for May 2024

A federal judge has set a May 20th, 2024 start date for the trial of former U.S. President Donald Trump over his alleged mishandling of classified documents. Yahoo Finance Senior Reporter Rick Newman explains "these are very serious charges and the case against Trump appears to be very strong." Newman details how a potential conviction could impact the Trump campaign and Republican Primary.

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WSJ Opinion: No Labels Sets Off a Democratic Frenzy

Journal Editorial Report: It's too early to know if 'No Labels' could help throw 2024 election to Trump. Images: AP/AFP/Getty Images Composite: Mark Kelly

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Donald Trump Fined $10,000 for Out-of-Court Comments

Former President Donald Trump was fined $10,000 on Wednesday after being called to the witness stand by the judge in his civil-fraud trial to answer for comments he made during a break in the proceedings. Photo: Yuki Iwamura/Associated Press

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WSJ Opinion: Why Dean Phillips Is Taking On Joe Biden

Review and Outlook: Minnesota Congressman Dean Phillips fears President Biden could lose to Donald Trump, and he’s right. Images: Reuters/AFP/Getty Images Composite: Mark Kelly

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WSJ Opinion: The Republicans Debate

Journal Editorial Report: DeSantis equivocates, Haley shines and Trump is a no show. Images: AFP/Getty Images Composite: Mark Kelly

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WSJ Opinion: The Unavoidable Presence of Trump

Journal Editorial Report: Haley and DeSantis debate the man who wasn’t there. Images: Zuma Press/AFP/Getty Images Composite: Mark Kelly

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Giuliani blasts Biden on his way out of court

Former Trump attorney Rudy Giuliani blasted President Joe Biden on his way out of court Friday afternoon after a jury awarded Georgia election workers $148 million in a defamation case over lies that Giuliani spread about them. (Dec. 15)

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WSJ Opinion: The Presidential Immunity War

Journal Editorial Report: Trump and Smith lock horns in a major legal battle. Images: AP/Getty Images Composite: Mark Kelly

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WSJ Opinion: Donald Trump’s Lame-Duck Presidential Candidacy

Wonder Land: Since the Trump indictments have 'sucked out all the oxygen' from the primaries, Ron DeSantis was right to remind Iowa and New Hampshire voters that to get the job done requires a two term presidency. Images: AFP/Getty Images/AP/Reuters Composite: Mark Kelly

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Watch: Former Gov. Chris Christie Drops Out of 2024 Presidential Race

Former New Jersey Gov. Chris Christie announced he is suspending his campaign for the 2024 Republican presidential nomination. At a town hall in Windham, N.H., Christie said making sure he doesn’t enable Donald Trump to be president again is more important than his own personal ambition. Robert F. Bukaty/AP

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AP Top Stories January 16 P

Here's the latest for Tuesday, Jan. 16th: Israeli hostages to get medicine in brokered deal; Jury selected in Trump defamation trial; Gilgo Beach serial killings suspect charged with death of 4th woman; A snowball fight on the National Mall as Eastern U.S. is blanketed in snow.

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Trump: ‘I Don’t Care’ if Nikki Haley Stays in Presidential Race

During a stop at a polling site in New Hampshire, former President Donald Trump said he doesn’t care if his competitor, former South Carolina Gov. Nikki Haley, stays in the presidential race. Photo: Chip Somodevilla/Getty Images

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WSJ Opinion: Electability and the Need For a Trump, Haley Debate

Wonder Land: Despite wins in both Iowa and New Hampshire, too many independents and unhappy Republicans don’t know what the former president stands for. Images: AFP/Getty Images/Reuters Composite: Mark Kelly

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Trump testifies briefly at defamation trial

Former President Donald Trump was on and off the witness stand at a jury trial Thursday in less than 3 minutes but not before breaking a judge’s rules on what he could say by claiming that a writer’s sexual assault allegations were a “false accusation.” (Jan 25) (AP video by Ted Shaffrey)

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Trump Files Emergency Appeal to Supreme Court on Immunity Claim

Donald Trump asked the Supreme Court on Monday to pause a lower court ruling that denied him presidential immunity in a federal case alleging he plotted to overturn the 2020 election results. Photo: Julia Nikhinson/AFP/Getty

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In fiery testimony, Fani Willis hits back at misconduct claims that threaten future of Trump case

Fulton County District Attorney Fani Willis took the witness stand Thursday and forcefully pushed back against what she described as “lies” about her romantic relationship with a special prosecutor during an extraordinary hearing over misconduct allegations that threaten to upend one of four criminal cases against Donald Trump. (Feb 15) (AP production by Javier Arciga)

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Trump Wins South Carolina Primary, Gets Closer to Presidential Nomination

Former President Donald Trump defeated Nikki Haley in the South Carolina Republican primary on Saturday, leading with a 20-point win. WSJ’s Senior Political Correspondent Molly Ball breaks down how Trump’s win in Haley’s home state impacts the rest of the race. Photo illustration: JJ Lin

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President Biden Faces ‘Uncommitted’ Protest Vote in Michigan Primary

As Michigan voters cast ballots in the presidential primary on Tuesday, local leaders have urged Democrats to vote "uncommitted" to protest President Biden's support for Israel. Meanwhile, Donald Trump is expected to beat Nikki Haley in the Republican primary. Photo: Nic Antaya/Bloomberg News

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Biden and Trump in Texas for dueling visits to the U.S.-Mexico border

Split screen: Three hundred miles apart, President Joe Biden and his likely Republican challenger Donald Trump walked the U.S.-Mexico border in Texas, dueling trips underscoring how important immigration has become for the 2024 election. (Feb. 29)

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Biden and Trump Make Dueling Visits to Border Amid Migrant Crisis

President Biden and former President Donald Trump, the two likely 2024 election opponents, visited different parts of the Texas U.S.-Mexico border on Thursday as a bipartisan immigration bill remains stuck in the Senate. Photo: Kevin Lamarque/Reuters; Eric Gay/Associated Press

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Embattled lender NYCB announces incoming CEO Otting's base salary

The bank named Otting, a former U.S. Comptroller of the Currency in President Donald Trump's administration, as its new CEO replacing Alessandro DiNello, effective April 1. DiNello, the executive chairman of the bank's board, was named to the additional roles of president and CEO on Feb. 29 succeeding Thomas Cangemi, who resigned from those roles on Feb. 23.

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Trump Says He Can’t Post Bond for $454 Million Penalty. What’s at Stake?

The clock is ticking for Donald Trump to pay a penalty of nearly half a billion dollars in his New York civil-fraud trial. Here’s a look at the options he could use to finance his mounting legal bills. Photo Illustration: Xingpei Shen/Ryan Trefes

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Trump hurtles toward deadline to pay $454 million fraud penalty

Donald Trump is hurtling toward a Monday deadline to secure a financial guarantee on the more than $454 million he owes the state in a civil fraud lawsuit brought by New York’s attorney general Letitia James.

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Pro-Trump lawyer Stefanie Lambert turns herself in on outstanding Michigan warrant

Pro-Trump attorney Stefanie Lambert appeared in a Michigan court Thursday after turning herself in to resolve an outstanding warrant. She is facing felony charges of improperly accessing voting equipment in a search for evidence of a purported conspiracy to steal the 2020 election from Trump.

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Trump's social media company approved to go public, potentially netting former president billions

Donald Trump is returning to the stock market. Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge with the former president's media business in a Friday vote. It comes as the presumptive Republican nominee is facing a $454 million judgment in a fraud lawsuit. (AP Video: John Minchillo, Terry Chea, Erik Verduzco)

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First day of Trump's hush money trial adjourns with no jurors selected

The first day of Donald Trump's historic hush money trial ended Monday after hours of pretrial motions and an initial jury selection process that saw dozens of prospective jurors excused after they said they could not be fair or impartial.

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Trump calls judge 'crooked' as he campaigns during one-day break from hush money trial

Donald Trump returned briefly to the campaign trail and called the judge presiding over his hush money trial “crooked” a day after he was held in contempt of court and threatened with jail time for violating a gag order. Trump also urged college presidents to remove encampments and 'vanquish the radicals.'

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Trump: "I'm not allowed to testify" because of gag order in hush money trial

Upon his departure from court, former President Donald Trump briefly spoke on Thursday. Trump said the judge is totally conflicted and should not be having this case over Trump's hush money trial after being held in contempt of court and threatened with jail time for violating a gag order.

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From ‘Bloodbath’ to ‘Vermin,’ Breaking Down Trump’s Rhetorical Tactics

Donald Trump’s inflammatory remarks about political rivals and issues on the 2024 campaign trail have spurred concerns they could be dangerous for the people he attacks. An expert breaks down the potential impact of Trump’s rhetoric. Photo: Andrew Harnik/Getty Images

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Why Trump edges Biden on gas prices

Voters correctly remember that gas prices were cheaper when Trump was president. But that's unlikely to happen again, no matter what Trump might do if he wins a second term.

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Stormy Daniels gives graphic testimony in Trump hush money trial

With Donald Trump sitting just feet away, Stormy Daniels testified Tuesday at the former president's hush money trial about a sexual encounter the porn actor says they had in 2006. (AP video by Joe Frederick)(AP produced by Javier Arciga)

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AP Top Stories May 10 P

Here's the latest for Friday May 10th: Prosecutors could wrap Trump trial next week; U.N. General Assembly voted to grant new “rights and privileges” to Palestine; Police arrest pro-Palestinian protesters at US universities; Vodou grows powerful in Haiti.

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Hudson Bay, Morgan Stanley took positions in Trump social media firm in Q1

Hudson Bay Capital Management, Geode Capital Management and Morgan Stanley were among the large institutional investors that took positions in Donald Trump's Trump Media & Technology Group in the first quarter, securities filings showed on Wednesday. The former president, who is running as the Republican candidate in the Nov. 5 presidential election, holds a majority stake in the company.

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AP Explains: The latest updates on Trump's hush money trial

Donald Trump's hush money trial entered its final stretch with the prosecution resting its case late Monday afternoon following the conclusion of star witness Michael Cohen 's testimony.

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Trump’s new image: Corporate cheat

After the criminal conviction on 34 counts of falsifying business records, Trump's image as a savvy businessman is up in smoke. Will voters care?

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Biden stinks at being Trumpy

Biden has gotten Trumpy on immigration and tariff policy. But without the Trump mouthpiece, these moves to the center could backfire.

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Trump endorses Ten Commandments in schools, implores evangelical Christians to vote in November

Former US President Donald Trump told a group of evangelicals they “cannot afford to sit on the sidelines” of the 2024 election, imploring them at one point, “You got to get out and vote." Trump also endorsed displaying the Ten Commandments in schools and elsewhere while speaking to a group of politically influential evangelical Christians in Washington on Saturday.

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Don’t count on any more Trump tax cuts

Tax hikes, not cuts, may be needed during the next presidential administration to deal with massive amounts of debt neither party can control.

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Legal expert weighs in on Supreme Court ruling in Trump immunity case

The Supreme Court rules that former presidents have broad immunity from criminal prosecution for official acts. This delays further the Washington criminal case against ex-President Donald Trump that he plotted to overturn his 2020 election loss.

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Biden Rejects Calls to Withdraw From Presidential Race

During an exclusive interview with ABC News anchor George Stephanopoulos, President Biden insisted on staying in the race despite his disastrous performance at the first presidential debate with former President Donald Trump.

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AP Top Stories July 14 P

Here's the latest for Sunday July 14th: Donald Trump calls for “unity" after rally shooting; Former fire chief was killed in PA attack; President Joe Biden urges the country to “unite as one"; Princess of Wales hands Wimbledon champion trophy to Alcaraz.

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Despite Musk's Trump endorsement, X remains a go-to platform for Democrats

A week after Elon Musk endorsed Donald Trump for president, President Joe Biden's team used Musk's social media platform X — in addition to more neutral spaces such as Facebook and Instagram — to announce he is ending his reelection campaign.

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Conservatives use shooting at Trump rally to attack DEI efforts at Secret Service

As Congressional members on both sides of the aisle grilled U.S. Secret Service Director Kimberly Cheatle Monday on how a gunman was able to fire shots at former President Donald Trump in an assassination attempt, several Republican lawmakers seized on gender and the agency’s diversity, equity and inclusion efforts as among the reasons for the security failure.

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Bitcoin price dips as Trump addresses crypto audience

Trump was speaking at a Bitcoin 2024 conference in Nashville, Tennessee, part of a broader Republican effort to court crypto holders ahead of the Nov. 5 election. Bitcoin was last quoted down 0.96% at $66,814.

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Senators Grill New Secret Service Chief Over Trump's Shooting

During a joint committee hearing, lawmakers grilled officials from the FBI and Secret Service on the security lapses leading up to Donald Trump’s attempted assassination on July 13.

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Donald Trump's campaign says its emails were hacked

Former President Donald Trump’s presidential campaign said Saturday that it has been hacked and suggested Iranian actors were involved in stealing and distributing sensitive internal documents.

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Watch: Trump Renews Attacks on Harris in Economic Speech

At a campaign event in North Carolina, former President Donald Trump lashed out against Vice President Kamala Harris and promised an economic boom if he wins a second term.

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Japan firms see Harris presidency as better for business than Trump, Reuters survey shows

More Japanese companies believe a Kamala Harris presidency in the U.S. would be better for their businesses than a second Donald Trump administration, a Reuters survey showed on Thursday, reflecting the respondents concerns about protectionism and policy unpredictability. The outcome of November's U.S. presidential election is being closely watched by countries around the world.

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Trump on Laura Loomer Post: ‘I Don’t Know What She Said’

Former President Donald Trump faced questions about right-wing conspiracy theorist and supporter Laura Loomer, who Republican allies criticized for making a racist post about Vice President Kamala Harris.

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Elon Musk commits $70 million to boost Donald Trump

WASHINGTON (AP) — Elon Musk, a tech mogul who is the world's richest person, plunged more than $70 million into helping Donald Trump and other Republicans win in November's election, making him one of the biggest donors to GOP causes this campaign season, according to campaign finance disclosures released this week.

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Here's how my 'Trump trade' is doing

I bet the stock price of Donald Trump's media company woudl drop. So far I'm in the money.

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Making a $1B investment in the US? Trump pledges expedited permits - but there are hurdles

WASHINGTON (AP) — President-elect Donald Trump is promising expedited federal permits for energy projects and other construction worth more than $1 billion. But like other Trump plans, the idea is likely to run into regulatory and legislative hurdles, including a landmark law that requires federal agencies to consider the environmental impact before deciding on major projects.

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Meta seeks urgent fix to AI chatbot's confusion on name of US president

The inability of Meta's AI chatbot to identify the current president of the United States was elevated to urgent status by the Facebook owner this week, requiring a fast fix, a person familiar with the issue said. Republican Donald Trump was inaugurated as president on Monday, succeeding Democrat Joe Biden.

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Trump leans into his pledge to eliminate taxes on tips at a Las Vegas rally

LAS VEGAS (AP) — President Donald Trump came to Las Vegas on Saturday to crow about his campaign promise to eliminate taxes on tips, signaling to allies in Congress the importance of the policy but stopping well short of offering details for making the slogan a reality.

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Trump administration takes aim at $4B in funding for California high-speed rail

LOS ANGELES (AP) — The Trump administration is once again targeting California's controversial high-speed rail project, with federal transportation officials on Thursday announcing an investigation and possible withdrawal of about $4 billion in federal funding.

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Trump administration rolls back forest protections in bid to ramp up logging

BILLINGS, Mont. (AP) — President Donald Trump's administration acted to roll back environmental safeguards around future logging projects on more than half of U.S. national forests under an emergency designation announced Friday that cites dangers from wildfires.

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