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For almost a decade, Donald J. Trump has done, said and survived things that would have doomed any other politician. The polls cannot tell us how voters will respond to the unprecedented verdict. Most voters weren’t even paying close attention to the trial, and asking voters about hypotheticals is always fraught. It’s possible he won’t lose any support at all. While Mr. Trump has survived many controversies, he has also suffered a political penalty for his conduct.
Persons: Donald J, Trump, MAGA, haven’t Organizations: hypotheticals
Trump’s vigilAs Merchan laid out his instructions for the first time on Wednesday, Trump watched from the defense lawyers’ table. Trump’s routine — aimed at voters as he seeks to delegitimize the case before the jury makes up its mind — is getting old. One new wrinkle Wednesday was his warning that the jury instructions could doom his defense. These charges are rigged.”The jury hears none of this, so it’s clear Trump is playing an outside political game. Two of the jurors are attorneys and could potentially give deliberations some structure, according to Jeff Swartz, a former Florida judge.
Persons: Donald Trump’s, Trump, tugging, David Pecker, Michael Cohen, Stormy Daniels, Cohen, , Daniels, Juan Merchan, what’s, doesn’t, it’s, Elie Honig, Merchan, Todd Blanche, , CNN’s Kristen Holmes, Joe Biden, , Theresa, Jeff Swartz, ” Swartz, Organizations: CNN, mull, Trump, Prosecutors, Manhattan, Attorney’s Office, New York City —, Boeing, GOP Locations: Manhattan, Ireland, New York, New York City, West Harlem, Florida
Trump has been convicted. Here's what happens next
  + stars: | 2024-05-30 | by ( Kevin Breuninger | ) www.cnbc.com   time to read: +5 min
The judge before adjourning Thursday afternoon set Trump's sentencing date for July 11 at 10 a.m. Trump's sentence could include fines and restitution, probation or other conditions — but a sentence of imprisonment is not off the table. Merchan has broad discretion to determine Trump's sentence, and he can factor all sorts of things into his final decision. The judge also previously accused Trump of trying to "intimidate" the court, prompting an expansion of the gag order that Trump would later violate 10 times. Gershman told CNBC that a jail sentence is "certainly plausible," and that it "would not be out of bounds" for Merchan to sentence Trump to some time behind bars.
Persons: Donald Trump, , Joe Biden, Trump's, Justin Lane, Judge Juan Merchan, Trump, Merchan, Michael Bachner, Bennett Gershman, I'd, Bachner, Gershman, incarcerating Organizations: Republican, Reuters, Trump, New, Pace Law, CNBC Locations: York, U.S, New York, New York , New York, USA, New York City, United States
A Hong Kong court will begin issuing verdicts on Thursday in the city’s largest national security trial, as the authorities use sweeping powers imposed by Beijing to quash political dissent in the Chinese territory. Most of the defendants have spent at least the last three years in detention ahead of and during the 118-day trial. On Thursday, judges picked by Hong Kong’s pro-Beijing leader were set to start handing down verdicts on 16 of them who had pleaded not guilty. Those who are convicted will be sentenced later, along with 31 others who had entered guilty pleas. The expected convictions and the sentences to follow would effectively turn the vanguard of the city’s opposition, a hallmark of its once-vibrant political scene, into a generation of political prisoners.
Persons: Benny Tai, Joshua Wong, Hong Kong’s Locations: Hong Kong, Beijing
Opinion | The Gender Gap Is Now a Gender Gulf
  + stars: | 2024-05-29 | by ( Thomas B. Edsall | ) www.nytimes.com   time to read: 1 min
Regardless of who wins the presidential election, the coalitions supporting Joe Biden and Donald Trump on Nov. 5, 2024, will be significantly different from those on Nov. 3, 2020. On May 22, Split Ticket, a self-described “group of political and election enthusiasts” who created a “website for their mapping, modeling and political forecasting,” published “Cross Tabs at a Crossroads: Six Months Out.”Split Ticket aggregated “subgroup data from the cross tabs of 12 reputable national 2024 general election polls” and compared them to 2020 election results compiled by Pew, Catalist and AP. Combining data from multiple surveys allowed Split Ticket to analyze large sample sizes and reduce margins of error for key demographic groups.
Persons: Joe Biden, Donald Trump, Organizations: Pew, Catalist
The Japanese government chief spokesperson did not say how often Chinese ships entered Japan’s territorial waters, though foreign ships are allowed “innocent passage” through such waters. A contiguous zone extends another 12 nautical miles beyond a country’s territorial waters, the area that stretches 12 nautical miles from the shore. Foreign warships are allowed into contiguous zone waters – so the Chinese Coast Guard hasn’t broken any international agreements – but the continuous presence of the Chinese vessels there is seen as a provocation. It has frequently dispatched China Coast Guard and other government vessels to the waters around the islands to assert those claims. Hayashi, the Japanese government spokesperson, said Monday that Tokyo is answering the Chinese presence around the islands with vessels of its own.
Persons: Tokyo’s, , Yoshimasa Hayashi, Hayashi, Fumio Kishida, Li Gongmin, , ” James Brown, ” Hayashi, Lai Ching, China’s, Thomas, Ferdinand Marcos Jr, Thomas Shoal, CNN’s Himari Semans Organizations: South Korea CNN, China Coast Guard, East China, Chinese Coast Guard, Ministry, Temple University, CNN, Coast Guard, Communist Party Locations: Seoul, South Korea, East, Japan, China, Tokyo, Japanese, China’s, Beijing, United States, Washington, Taiwan, Philippines, South China, Philippine, Singapore
CNN —In recent weeks, an increasingly familiar list of Republicans has dominated the not-very-subtle competition to become Donald Trump’s running mate. Trump himself has added to the air of inevitability by floating these names in interviews and appearances over and over. Many around the campaign believe the lack of secrecy surrounding the open audition raises the possibility Trump ultimately picks someone off the public’s radar. A source confirmed Trump floated Cotton’s name during a recent private dinner, surprising some of his guests. Earlier this year, Hagerty was spotted at Trump International Golf Club in West Palm Beach with the former president.
Persons: Donald Trump’s, Trump, , Ben Carson, Florida Sen, Marco Rubio, Marco Rubio , Ohio Sen, J.D, Vance, Elise Stefanik, Doug Burgum, South Carolina Sen, Tim Scott, Maria Elvira Salazar, Sens, Tom Cotton of, Bill Hagerty of, Tulsi Gabbard, Nikki Haley, Rubio, Salazar, ” Salazar, Trump’s, Lester Woerner, Cotton, , Gabbard, Howard Lutnick, Hagerty, Doug Kaplan, Joe Biden, Kamala Harris, Ron DeSantis, Kristi Noem, Kaplan, ” Kaplan, , Haley, Ralph Norman of, ” Norman Organizations: CNN, Republicans, Urban, Republican National Convention, Florida Rep, Hawaii Rep, South Carolina Gov, Trump, Univision, Mar, New York Times, Democratic, Kaplan, Florida Gov, South Dakota Gov, Trump International Golf Club, West Palm Beach, Republican, GOP Locations: Manhattan, Trump, Florida, Marco Rubio , Ohio, North Dakota, South Carolina, Milwaukee, Tom Cotton of Arkansas, Bill Hagerty of Tennessee, English, New York, Cuban, Miami, Palm Beach, Washington, , Cotton, Congress, South, Carson, Hagerty, Japan, West Palm, Pennsylvania, Ralph Norman of South Carolina, Indiana, Trump’s
CNN —Hong Kong police have made their first arrests under a newly passed local national security law over social media posts deemed “seditious” by authorities. “Those who intend to endanger national security should not have the delusion that they can avoid police investigation by going anonymous online,” the statement added. The arrests marked the first time Hong Kong’s own national security law had been invoked since it was unanimously passed by the city’s opposition-free legislature in March. The legislation introduces 39 new national security crimes, adding to an already powerful national security law that was directly imposed by Beijing on Hong Kong in 2020 after huge and sometimes violent pro-democracy protests the year before. The local national security legislation covers a raft of new crimes including treason, espionage, external interference and unlawful handling of state secrets, with the most serious offenses punishable by up to life imprisonment.
Persons: netizens, , Hong, John Lee, Lee Organizations: CNN, Hong, police Locations: Hong Kong, Beijing, China
CNN —A federal appeals court, including two Donald Trump appointees, ruled Tuesday that the Democratic-lean of Washington, DC’s, population does not make its jury pool too biased to try a January 6 Capitol rioter case. The DC US Circuit Court of Appeals, in an opinion written by Barack Obama-appointed Judge Patricia Millett and joined by Judges Gregory Katsas and Neomi Rao, both Trump appointees, rejected the version of the argument put forward by Webster. “Webster asserts that the District overwhelmingly voted for President Biden and historically votes for Democratic candidates. … That may be,” Millett wrote. “Generalized disapproval of criminal conduct — even the specific conduct at issue in a defendant’s case — says nothing about a juror’s ability to be impartial in deciding whether a particular individual committed a crime or not.”
Persons: Donald Trump, Thomas Webster, Barack Obama, Patricia Millett, Gregory Katsas, Neomi Rao, Webster, “ Webster, Biden, ” Millett, Richard Nixon, , Organizations: CNN, Democratic, Capitol, New York Police, Trump, DC, Circuit, Appeals, DC Circuit Locations: Washington, DC’s
Twelve New Yorkers will then weigh the possibility of a historic verdict: finding the first-ever former president guilty in a criminal trial. Polling shows that a guilty verdict has some potential peril. AdvertisementIn a recent Quinnipiac University nationwide poll, 62% of voters said a guilty verdict would not affect their vote in November. It's not hard to imagine that in responding to a potential guilty verdict Trump lashes out in a way that causes him more problems. During the Manhattan criminal trial, Trump has sent repeated fundraising appeals, including when Justice Juan Merchan found Trump in contempt for violating his gag order.
Persons: , Donald Trump, Joe Biden, Trump, Jean Carroll, Cook, Mike Johnson, Donald Trump's, Justin Lane, It's, Paul Ryan, couldn't, Kevin McCarthy, Mike Pence, Ron DeSantis, Tish James, Justice Juan Merchan Organizations: Service, Business, Trump, Quinnipiac University, Republicans, GOP, Yahoo, New York Times, Siena College, Justice Department, Florida Gov, Politico, New York, Save Locations: Manhattan, Quinnipiac, Donald Trump's Manhattan, weaponized, Florida
A new logo (and merchandising) for the resort brand Lilly Pulitzer aims to be both timely, and timeless. Pictured above, a Lilly Pulitzer store in Sarasota, Florida. But it maintains firm roots in Palm Beach. “Nothing is more rooted in a resort Americana aesthetic than Lilly Pulitzer,” said Robert Burke, chief executive of retail consultancy Robert Burke Associates. This year, in addition to the Badgley Mischka collaboration, it rolled out a team-up with Natalie’s Juice, selling bottles of orange juice featuring a custom Lilly Pulitzer sticker.
Persons: Lilly Pulitzer, , Lilly, Lilly Pulitzer hasn’t, Donald Trump, John Greim, , Michelle Kelly, Badgley Mischka, ” Kelly, Lilly Pulitzer’s, Nili, Pulitzer, “ Lilly, Kelly, “ It’s, Jacqueline Kennedy Onassis, Wendy Vanderbilt, Tommy Bahama, Johnny Was, Robert Burke, , Robin Kramer, Burke Organizations: The, Fashion, CNN, Target, Hill, Apple, Palm Beach, Pulitzer, Oxford Industries, Robert, Robert Burke Associates, Natalie’s Locations: New York’s, Palm Beach , Florida, Sarasota , Florida, Philadelphia, Palm Beach, Cranston , Rhode Island
When South Africans vote Wednesday, an unhappy combination of rampant corruption, soaring joblessness, crippling power cuts and feeble economic growth will likely be top of mind. Black South Africans, who make up 81% of the population, are at the sharp end of this dire situation. ‘Elite enrichment’Under apartheid — and colonial rule before that — Black South Africans were violently oppressed and denied many basic human rights. Millions of South Africans still live in such informal settlements. “The poster child of this is the electricity sector.”For much of last year, South Africans were without power for at least some portion of the day.
Persons: , Nelson Mandela’s, , Cyril Ramaphosa, Leon Sadiki, BEE, Moeletsi Mbeki, Thabo Mbeki, White, , Tshediso Matona, Anders Pettersson, Black, , Kganki Matabane, Matthew Parks, Matona, Mbeki, Ricardo Hausmann, Jacob Zuma, Haroon Bhorat, Michele Spatari, ” Bhorat, hasn’t, ANC “, Zuma, Ramaphosa, Cas Coovadia, Hausmann Organizations: Johannesburg CNN, National Congress, ANC, World Bank, Oxford Economics, Harvard University, Democratic Alliance, Bloomberg, Getty, South African Institute of International Affairs, Wits University, CNN, , BBEE, Black Business Council, South African Trade Unions, Harvard’s, University of Cape, South Africa’s Free, International Monetary Fund, Fitch, IMF, JPMorgan, Shell, Unilever, Business, Business Unity, Harvard Growth Locations: London, Johannesburg, Sudan, Africa, Alexandra, South Africa, Leon, Isipingo, KwaZulu, Natal, South, , University of Cape Town, loadshedding, Namahadi, Frankfort, Business Unity South Africa
Stefanie Stantcheva was 11 years old in 1997 when annual inflation in Bulgaria, the country from which she and her family had emigrated, surpassed 2,000 percent. “The episode helped shape her eventual decision to study economics,” according to a profile in the International Monetary Fund’s Finance & Development magazine. Inflation and how people perceive it still fascinate Stantcheva, now a professor of political economy at Harvard and the founder and director of its Social Economics Lab. This year she released a pair of papers on the topic, the first about why people dislike inflation and the second, with a pair of co-authors, about how they understand it. Some people will take this as evidence that ordinary Americans are simply wrong.
Persons: Stefanie Stantcheva, we’re, Tom Jensen Organizations: Monetary Fund’s Finance, Development, Harvard, Social, Econ, Public, Democratic Locations: Bulgaria
Twelve New Yorkers will then weigh the possibility of a historic verdict: finding the first-ever former president guilty in a criminal trial. Polling shows that a guilty verdict has some potential peril. It's not hard to imagine that in responding to a potential guilty verdict Trump lashes out in a way that causes him more problems. The easiest prediction is that Trump's verdict will likely spawn a wave of donations. During the Manhattan criminal trial, Trump has sent repeated fundraising appeals, including when Justice Juan Merchan found Trump in contempt for violating his gag order.
Persons: , Donald Trump, Joe Biden, Trump, Jean Carroll, Cook, Mike Johnson, Donald Trump's, Justin Lane, It's, Paul Ryan, couldn't, Kevin McCarthy, Mike Pence, Ron DeSantis, Tish James, Justice Juan Merchan Organizations: Service, Business, Trump, Quinnipiac University, Republicans, GOP, Yahoo, New York Times, Siena College, Justice Department, Florida Gov, Politico, New York, Save Locations: Manhattan, Quinnipiac, Donald Trump's Manhattan, weaponized, Florida
As the seat of power, Zhongnanhai is often thought of as China’s equivalent to the White House, or the Kremlin. Architectural changesThere have been serious revisions to the architecture of Zhongnanhai since the end of imperial rule in 1912. Having re-established Zhongnanhai as a center of political power in the new China, Mao set about rebuilding the compound according to his tastes. “It was here,” noted Aldrich, “with the background trappings of a scholar, that he met Nixon and Kissinger in 1972.”Most subsequent leaders have preferred to keep a house outside the Zhongnanhai compound. However, the compound hasn’t always been so forbidden for the masses following the collapse of China’s imperial dynasty.
Persons: Jonathan Chatwin, , Deng Xiaoping, Leung Chun, Xi Jinping, Simon Song, Xi Jinping’s, Ming, Geremie Barmé, Qianlong, Feng Li, ” Linda Jaivin, , Dowager Cixi, Zhongnanhai, Cixi, Dowager, M, Aldrich, Mao Zedong, ” Aldrich, China’s, Yuan Shikai, Yuan Shikai ‘, William Lewisohn, Xinhuamen, William Cooper, , Qianlong Emperor, Yuan, Invincible Mao, — Mao, Kangxi, Mao, Zhou Enlai, Chen Yi, Zhang Wentian, Nikita Khrushchev, Khrushchev, Nixon, Kissinger, Hu Jintao, Jiang Zemin, Newscom Aldrich, Mao’s, Li Zhisui, Xi, Chicago's Walter, Hu Yaobang, Gong, “ Heck Organizations: CNN, Bell, Communist Party, CCP, White, Hong, China Morning, University of Bristol Library, Great Communist Party of China, , Shuangqing Villa, Alamy, State Council, China’s Politburo, Huairen, Chicago's Walter Payton College Preparatory, New York Times, Zhongnanhai, Bloomberg Locations: Modern China, Prospect, Tiananmen, Hong Kong, Zhongnanhai, City, China, Beijing, , People’s Republic, New China, Arlington, Peking, Xinjiang, Russian, Beihai, Beijing’s, Huairen, Qinzheng Hall
However, George Miller’s “Mad Max: Fury Road” (2015) and its new prequel, “Furiosa,” provide some possible explanations. Like all the Mad Max films going back to the 1979 original, “Fury Road” and “Furiosa” are set in post-apocalyptic wastelands following some indeterminate eco-catastrophe. “Fury Road” and “Furiosa” focus on a citadel ruled by tyrannical, bloodthirsty and toothy-masked Immortan Joe (played in “Fury Road” by Hugh Keays-Byrne and in “Furiosa” by Lachy Hulme). Charlize Theron stars as Imperator Furiosa in Warner Bros. Pictures' and Village Roadshow Pictures' action adventure "MAD MAX: FURY ROAD," a Warner Bros. Pictures release. In both Furiosa films, such a society emerges in the Green Place, the home from which Furiosa (played in “Fury Road” by Charlize Theron and in “Furiosa” by Anya Taylor-Joy) was stolen as a child.
Persons: Noah Berlatsky, we’re, Noah Berlatsky Noah Berlatsky There’s, George Miller’s “, Max, , Furiosa ”, Mad Max, Joe, Hugh Keays, Byrne, Lachy Hulme, they’ll, , Charlize Theron, Furiosa, Anya Taylor, Joy, , We’re, Dick Cheney, Cheney, “ Furiosa, Chris Hemsworth, It’s Dementus, Dementus Organizations: CNN, Hollywood, Warner Bros ., Warner Bros . Pictures, Village, Pictures, Warner Bros, Century Studios, Twitter, Facebook Locations: Chicago, , Hollywood
Among the goals of his three-day state visit in October: securing another $1 billion in loans from China to help complete infrastructure projects. On Wednesday, when he arrived at Joint Base Andrews to begin another state visit – this time to Washington – he again found a red carpet and troops. Senior administration officials acknowledge a central factor in scheduling a state visit with Kenya was the desire to counter China’s influence and financial leverage on the African continent, which has outpaced the United States in direct investment. One of the goals of Thursday’s state visit is to demonstrate the ability of democracies – like Kenya’s – to deliver for their people. “I plan on going in February,” Biden told reporters.
Persons: Washington CNN —, William Ruto, Joint Base Andrews, Washington –, Jill Biden, Joe Biden, , Kenya –, , , Biden, Ruto, ” Ruto, he’s, João Manuel Gonçalves Lourenço, Jake Sullivan, ” Biden, Xi Jinping, Donald Trump –, ” Sullivan, Ariel Henry Organizations: Washington CNN, Kenyan, Joint Base, East, Kenya, NATO, Africa –, White, Initiative, Loans, Washington, World Bank, Group, European Union, Democratic, White House, Angolan, Advisers, CNN, Haitian Locations: Beijing, China, Africa, Kenya, United States, China’s, Nairobi, Mombasa, Boston, US, Angola, Democratic Republic of Congo, Zambia, Washington, East, Ukraine, , Russia, , combatting al, Shabab, Somalia, Yemen, Haiti
CNN —Top Republican senators are defending Supreme Court Justice Samuel Alito as the conservative justice became embroiled in a second flag controversy, even as some Democrats call for Alito to recuse himself from key matters pending before the high court. “I just think Democrats are determined to harass members of the Supreme Court. So obviously, they don’t like Justice Alito or the decisions he makes,” he told CNN. Several prominent Republican senators criticized Alito over the upside-down flag. “I think the question is how many MAGA battle flags does the Supreme Court justice have to fly until the rest of the court takes it seriously?” he asked.
Persons: Samuel Alito, Alito, Donald Trump, Sen, John Cornyn, , Sotomayor, Kagan, , Clarence Thomas, , GOP Sen, Chuck Grassley, Sonia Sotomayor, “ I’m, , Grassley, Trump, Joe Biden’s, , Thom Tillis, I’m, you’re, ” Tillis, Ruth Bader Ginsburg, Bill Cassidy, Cassidy, Sheldon Whitehouse, MAGA, Hakeem Jeffries, ” Jeffries, Katherine Clark, Alito’s, ” Clark, CNN’s Haley Talbot, Annie Grayer Organizations: CNN, Top Republican, Capitol, Committee, GOP, , Supreme, New York Times, Times, Senate, Democratic, Democrat, United States Supreme Locations: New Jersey
"I have friends that say that TikTok Shop has ruined the app," Casey Lewis, a trends researcher, said. "It can be good — especially as TikTok moves to TikTok Shop — if they're able to capitalize on this shift and sell products more effectively to older users." Just because something is going viral on TikTok doesn't necessarily mean Gen Z is behind it. The same could be said of Gen Z, which would explain the generations' shared fascination with a time before smartphones and round-the-clock news. The Gen Z users I spoke with didn't seem particularly concerned about an influx of olds.
Persons: Keara Sullivan, Zers, Rushmore, Sullivan, Ryan Broderick, Adam Bumas, Broderick, TikTok, , Cory Doctorow, it's, Kevin Munger, Doctorow, Casey Lewis, Lewis hasn't, Gen Zers, Jonathan Gelfond, Taylor Lorenz, Lorenz, Munger, Gen Z, Lewis, Stanley, Alpha, Zers —, Gen Alpha, hasn't, millennials, Jason Parham, Leslie Horn Petersen, she's, Gen, didn't, I've, Emilie Friedlander Organizations: New, Pew Research Center, Facebook, Senate, Microsoft, Penn State, Little League, Business, QVC, UC Santa Barbara, The Washington Post, YouTube Locations: New York, tfym, millennials, Brooklyn, Philadelphia
CNN —French President Emmanuel Macron is on his way to New Caledonia, a government official has said, after a week of deadly unrest in the Pacific archipelago. Macron was leaving Paris on Tuesday night and will “set up a mission” in the French territory, government spokesperson Prisca Thevenot told a press conference, without giving further details. He will be accompanied by Interior Minister Gérald Darmanin, Defense Minister Sébastien Lecornu, and Overseas Minister Marie Guévenoux, Darmanin told the National Assembly. Darmanin also told the French legislature the number of police and gendarmes in New Caledonia would soon reach 3,000. Lying in the South Pacific with Australia, Fiji and Vanuatu for neighbors, New Caledonia is a semiautonomous French territory — one of a dozen scattered throughout the Pacific, Caribbean and Indian Ocean.
Persons: Emmanuel Macron, Prisca Thevenot, Gérald Darmanin, Sébastien Lecornu, Marie Guévenoux, Darmanin, Paris –, Macron’s, Thevenot, Gabriel Attal Organizations: CNN, Paris, Interior, Defense, Overseas, National Assembly, France’s National Assembly, , New Locations: New Caledonia, Caledonia, Australia, New Zealand, France, South Pacific, Fiji, Vanuatu, , New Caledonia, Pacific, Caribbean, Indian, Colonial France, White
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSouth Africa faces a 'different kind of political division,' says former AngloGold Ashanti CEOBobby Godsell, former non-executive chairman of Eskom and former CEO of AngloGold Ashanti, joins CNBC "Street Signs" as South Africa heads to the polls.
Persons: Bobby Godsell Organizations: Ashanti, CNBC Locations: Africa, South Africa
Read previewCentral banks around the world have been snapping up gold, sending prices of the metal to record highs. The country's gold stash accounted for nearly three-quarters of its reserves as of March this year, according to WGC data. In 2022, Uzbekistan produced 110.8 tons of gold, making it the 10th top gold producer in the world, per WGC. Uzbekistan gold mining in March 2024. The country legalized private gold digging in 2019, and any gold found must be traded via its central bank.
Persons: , it's, VYACHESLAV OSELEDKO, Shavkat Mirziyoyev Organizations: Service, Business, World Gold, Central Bank of, Uzbek, AFP Locations: China, Saudi, Central Bank of Uzbekistan, Thailand, Kazakhstan, Uzbekistan, Kazakh
New York CNN —Major business leaders and economists are worried about America’s growing debt problem. Last week, JPMorgan CEO Jamie Dimon expressed fear that a crisis is looming and that unchecked deficit spending could explode. The big picture: Between the Trump-era tax cuts and Covid-era stimulus programs, the national debt has exploded in recent years. Trump Media (DJT) reported a loss of $327.6 million during the first three months of the year, compared with a loss of $210,300 a year earlier. The company generated just $770,500 of revenue, marking the second-straight quarter where its revenue totaled less than $1 million.
Persons: Jamie Dimon, , ” Dimon, , Ray Dalio, Columbia Business School Glenn Hubbard, Joe Biden’s, Jason Thomas, Carlyle, ” Thomas, Hanna Ziady, Liz Truss, Treasuries, Hubbard, Thomas, it’s, Donald Trump, Matt Egan, Devin Nunes, Martin Gruenberg, Elisabeth Buchwald, ” Gruenberg, Sen, Sherrod Brown,  Gruenberg, He’s, Cleary Gottlieb Steen, Gruenberg’s, Gruenberg Organizations: CNN Business, Bell, New York CNN —, JPMorgan, Sky News, Financial, Columbia Business School, United, CNN, IMF, Congressional, Office, Peterson Foundation, Treasury, Trump Media, Trump Media & Technology Group, Truth Social, Company, Big Tech, ” Trump Media, Federal Deposit Insurance Corporation, Senate Banking Committee, FDIC, Hamilton Locations: New York, Bridgewater, United States, , United, United Kingdom
Opinion | Justice Alito Is a True Believer
  + stars: | 2024-05-21 | by ( Jamelle Bouie | ) www.nytimes.com   time to read: +2 min
In a large part of American political discourse, overt cynicism is the currency of sophistication. It is a sign of political savviness, even worldliness, to know that politicians are creatures of pure self-interest, with no solid beliefs, concerns or preoccupations. For years, the savviest position was the cynical one: Their vocal opposition notwithstanding, neither Republican lawmakers nor conservative judges would actually try to overturn Roe v. Wade. And public cynicism notwithstanding, they want to do this even if it costs them votes in the short term. The same was and remains true for Republicans and abortion.
Persons: Roe, Wade, , William Saletan, suburbanites, pare Organizations: Republican, Democratic Party, Democratic Locations: Slate
Defense lawyers say they expect to complete their bruising cross-examination of Cohen, Trump’s former lawyer and enforcer, on Monday morning. In dramatic testimony, Cohen last week directly implicated Trump in the alleged scheme, saying the former president directed him to hand over $130,000 to Daniels and promised him reimbursement. With the end of Cohen’s testimony looming, there is uncertainty over the extent of Trump’s defense case. Blanche referred to the possibility of Trump’s testimony on Thursday, the last day the court was in session. After the defense case wraps up, the prosecution has a chance to put on its own rebuttal.
Persons: Donald Trump’s, Michael Cohen —, Cohen, Trump’s, Trump, Stormy Daniels, Daniels, ” Cohen, Todd Blanche, Keith Schiller, Blanche, President Trump, Schiller, , Randy Zelin, Republican nominee’s, Joe Biden, Mike Johnson, — Bradley Smith, Judge Juan Merchan, Merchan, Smith, , backtrack, , ” Blanche, Arthur Engoron, president’s, Engoron Organizations: CNN, Prosecutors, Trump, Cornell Law School, Central ”, Republican, Louisiana Republican, Republicans, Commission Locations: New York, Lago, Manhattan, Louisiana, Lake Tahoe
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