Business > U.S.

Trump Blasts ‘Political Prosecution' in Supreme Court Rulings

29 days ago   |   By Bloomberg

President Donald Trump blasted the U.S. Supreme Court over a pair of rulings involving his financial records, depicting himself as the victim of a double standard that isn't applied to his political enemies.
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Supreme Court Backs N.Y. Access to Trump Taxes, Blocks House

29 days ago   |   By Bloomberg

The U.S. Supreme Court backed a New York grand jury's bid for President Donald Trump's financial records while blocking for now House subpoenas that might have led to their public release before the election.
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The public may not see Trump's tax records before the 2020 election, despite the Supreme Court's rulings against him

29 days ago   |   By Business Insider

The Supreme Court ruled on Thursday that New York prosecutors can see President Donald Trump's financial records and that Congress has the authority to subpoena the president's records.
But the public might not see Trump's tax returns soon, or ever.
Legal experts say that the process of filing criminal charges against Trump in New York and settling the issue of what standards Congress must meet to subpoena the president could both take months.
However, there is a chance Trump's records could be made public before November if a grand jury quickly indicts the president and the Manhattan DA's...
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The President is not a king: Why the Supreme Court said Trump can't keep his financial records secret

29 days ago   |   By Fortune

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On the last day of its term, the Supreme Court released opinions in a pair of blockbuster cases about whether President Trump can refuse to supply financial records related to alleged “hush money” payments he made to an adult film star.
The court ruled against the President by a 7-2 margin, rejecting arguments that Trump is immune from criminal subpoenas or that a special legal standard applies to such requests.
The decision of the majority was written by...
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US Supreme Court rules Trump must turn over financial records

29 days ago   |   By Al Jazeera

The US Supreme Court ruled that a New York prosecutor can have access to Trump's tax records, Congress can not.
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US economy added 1.8 million jobs last month in a sign that hiring has slowed

US economy added 1.8 million jobs last month in a sign that hiring has slowed

The unemployment rate did decline in July, though it still exceeds the highest rate during the 2008-2009 Great Recession. Read more ...

Liberty University president Jerry Falwell Jr. is taking an 'indefinite'...

Liberty University president Jerry Falwell Jr. is taking an 'indefinite' leave of absence

Liberty University announced on Friday that President Jerry Falwell Jr. is going on an "indefinite" leave of absence. "The Executive Committee of Liberty University's Board of... Read more ...

Treasury sanctions Hong Kong's leader in latest China escalation

Treasury sanctions Hong Kong's leader in latest China escalation

The Treasury Department has imposed sanctions against Hong Kong leader Carrie Lam, the latest Trump administration action aimed at curbing Beijing's influence over the... Read more ...

Hasbro pulls Trolls doll amid uproar over a 'giggle' button between its...

Hasbro pulls Trolls doll amid uproar over a 'giggle' button between its legs, which critics say promotes child abuse

Hasbro is pulling its "Trolls World Tour Giggle and Sing Poppy" doll from stores after critics said it promotes pedophilia and child molestation. The doll has a button between... Read more ...

Tencent and its hyper-popular messaging app WeChat have become Trump's...

Tencent and its hyper-popular messaging app WeChat have become Trump's latest target. Here's how the company became a $69 billion behemoth that has a stake in everything from 'Fortnite' to Hollywood blockbusters

An executive order issued Thursday night by President Donald Trump bars US companies and individuals from making any transaction with WeChat, a social media app owned by... Read more ...

An Air India plane crashed while landing at a notoriously tricky airport...

An Air India plane crashed while landing at a notoriously tricky airport - here's why 'tabletop' runways can be so treacherous

An Air India Express plane carrying 190 people crashed on Friday while landing at Calicut International Airport in India . The plane overshot the runway, then fell 30 feet into... Read more ...

Jobless rate sits at 10.2% as Congress debates replacement for expired $600...

Jobless rate sits at 10.2% as Congress debates replacement for expired $600 unemployment benefit

The unemployment rate dropped from 11.1% in June to 10.2% in July, as the economy added nearly 1.8 million jobs last month, soundly beating consensus estimates. Equities... Read more ...

White House, Dem leaders make one last try on coronavirus relief deal

White House, Dem leaders make one last try on coronavirus relief deal

White House and top Democratic leaders will take one last shot at reaching a new coronavirus relief deal Friday afternoon. The final discussions come as President Donald Trump... Read more ...

Everything you need to know about North Carolina's US Senate election

Everything you need to know about North Carolina's US Senate election

Former State Senator Cal Cunningham is challenging GOP Sen. Thom Tillis in North Carolina in one of the most highly-watched Senate races of 2020. Tillis, who was first elected... Read more ...

Trump is threatening to enact a payroll tax cut through executive order. But...

Trump is threatening to enact a payroll tax cut through executive order. But that doesn't mean you'll see extra money on your paycheck if it happens

Trump has repeatedly threatened to circumvent Congress and enact a payroll tax cut on his own. The idea gained traction in the White House after two conservative economists... Read more ...