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CNN —Former President Donald Trump said he is “OK” with serving potential jail time or being under house arrest following his historic conviction on 34 felony counts of falsifying business records. “I’m OK with it,” Trump told Fox News in an interview that aired Sunday when asked about the potential punishments. Merchan could sentence Trump to probation or up to 4 years in state prison on each count, with a maximum of 20 years. “I’m fighting for the Constitution,” Trump said, adding that the trial had been “tougher” on his family than himself. Speaking specifically of his wife, former first lady Melania Trump, the former president said, “She’s fine, but I think it’s very hard for her.
Persons: Donald Trump, , ” Trump, , , Trump, I’m, , Judge Juan Merchan, Melania Trump Organizations: CNN, Fox News, White Locations: Manhattan
Merchan could sentence Trump to probation or up to 4 years on each count in state prison, with a maximum of 20 years. The New York case is no different. Shortly after Trump was convicted, his attorney Todd Blanche asked Merchan for an acquittal of the charges notwithstanding the guilty verdict. Trump’s conviction means little for his three other criminal cases, which will continue to proceed as they were prior to him being found guilty in the New York case. Trump’s federal election subversion criminal case has been on hold while the US Supreme Court considers his claims of presidential immunity.
Persons: Donald Trump, Trump, , Juan Merchan, Todd Blanche, Merchan, Richard L, Hasen, ” Hasen, Elie Honig, ” Will, CNN’s Tierney Sneed Organizations: CNN, Trump, University of California, Florida’s GOP, US Locations: York, Los Angeles, U.S, Florida, New York, Manhattan, Georgia, Atlanta
CNN —CNN Opinion asked our contributors to weigh in on Trump’s conviction on 34 counts of falsifying business records. Are there really that many voters whose view of Trump as a man, or politician, could be altered by bookkeeping irregularities? How many would-be Trump voters will be swayed against him because of miscategorized business expenses? Instead of validating Trump’s narcissism, Democrats should turn the camera away from Trump and toward the American people. Democrats should make the case that Trump’s policies would decimate the middle class and that ought to be a (metaphorical) crime.
Persons: Patrick Brown, Patrick T, Brown, , Trump, Attorney Alvin Bragg, , Biden, Robert De Niro, Stacy Schneider, Rikers Stacy Schneider, Juan Merchan, Donald Trump, I’ve, Trump’s, There’s, ” Timothy C, Tim Parlatore Tim Parlatore, Michael Cohen’s, Karen McDougal, Daniels, today’s, Timothy C, Paul Begala, , Roe, Wade, kowtowing, Vladimir Putin, Bill Clinton’s, Clinton, Jennifer Rodgers, Judge Juan Merchan, Prosecutors, Donald Trump’s, Merchan, Will, it’s, they’d, he’d, , Joey Jackson, Donald, Michael Cohen, Cohen, Cohen’s Organizations: CNN, Progressives, Trump, haven’t, Attorney, Republicans, Public Policy Center, Economic, Parlatore Law, LLP, Navy, Paul Begala CNN, Social Security, Democratic, Manhattan, NYU School of Law, Columbia Law School, Republican Party, GOP, Team Trump Locations: Manhattan, Washington , DC, New York, Trump, Russian
But perhaps it will also be an indictment of the Labour Party opposition, which seems remarkably uninterested in seizing the moment. is 8.4 percent below its 2007 peak — a significant decline, which has helped make the country outside of London poorer than Mississippi. And although the prolonged slowdown in productivity may be the worst Britain has experienced since the dawn of the Industrial Revolution, the country’s struggles aren’t purely economic. Britain has been governed by austerity-minded Tories now for 14 years, and the results have been bleak. Brexit was another self-inflicted wound from the British right and is now lamented by a large majority of the public.
Persons: Rishi Sunak, Brexit, Boris Johnson’s, it’s Organizations: Conservative Party, Labour Party, Britain, National Health Service Locations: Britain, London, Mississippi, British
Labour leader Tony Blair arriving in Downing Street after his election victory with crowds waving flags in the background, 2nd May 1997. The more domestically-oriented FTSE 250 has tended to outperform the FTSE 100 following elections, with stronger outperformance following Labour victories, it said. Leon Neal | Getty Images News | Getty ImagesAccording to Capital Economics, the U.K. stock market has faltered on five occasions under past Labour governments. Higgins also observed that the relative performance of U.K. stocks has "generally been underwhelming since 2010," when the Conservatives took office. Three could be attributed to the "unsustainability of fixed exchange rate regimes" between the 1930s and 1970s, one to the Great Financial Crisis, and the fifth to the 1976 Debt Crisis, he said.
Persons: Tony Blair, Jeff, Rishi Sunak, Rachel Reeves, Sir Keir Starmer, Angela Rayner, Leon Neal, John Higgins, Higgins, Labour's, Keir Starmer, Reeves, Venkatakrishnan, Liz Truss, Sunak Organizations: BBC News, Current Affairs, Labour Party, Labour, Conservative Party, Citi, Conservative, Centre, Getty, Capital Economics, Conservatives, Shadow, Economic, Barclays, C.S, CNBC Locations: Downing, Purfleet, United Kingdom, Davos
Read previewA friend recently said that living in Southeast Asia was akin to winning one of Willy Wonka's golden tickets. AdvertisementIt's been 14 years since the author arrived in Southeast Asia. Yet Western media obsessions — US presidential elections and divisive identity politics, to name but two — are not given the same relentless prominence here. I've not lived in Scotland since 2007, and the axis of my life — wife and son, friends, work networks, clients — is almost entirely Asia-orientated. We are heading back to Scotland this July, and I can't wait to catch up with friends and family and show my son Alex the Highlands for the first time.
Persons: , Willy Wonka's, batty, Mr Wonka, Thailand's, It's, Duncan Forgan, kao, he's, Chiang Mai, Alexander, I'm, Alex the Organizations: Service, Business, South, Tamil Nadu, Royal, Alex the Highlands Locations: Southeast Asia, Bangkok, Chinatown, Thai, Jok, Ojo, Thailand, Vietnam, Asia, Pacific, soi, South, Western Australia, Scotland, London
But prosecutors will have an extra degree of difficulty with a long break ahead of closing arguments, as jurors will have been away from the case since Tuesday. “This, more than even your typical case, is going to be a closing case,” he added. The star witness in this case are the documents, and the documents speak for themselves.”Trump’s attorneys will present their closing arguments first on Tuesday, followed by the arguments from prosecutors. They will say this is a documents case,” he explained, going on to describe the various accounting documents presented during the trial. Still, the closing arguments from each side will be carefully crafted to win not only a verdict in their favor, but also to mark each attorneys’ place in the historic trial, Villalona mused.
Persons: CNN —, Donald Trump, Trump, Attorney Alvin Bragg’s, , , Elie Honig, Bernarda Villalona, Juan Merchan, David Pecker, Michael Cohen, Stormy Daniels, Robert Costello, Cohen, Daniels, Merchan, Honig, ‘ Michael Cohen’s, Allen Weisselberg, Karen Friedman Agnifilo, “ Trump, , Pecker, , Agnifilo, Villalona, CNN’s Jeremy Herb, Kara Scannell, Lauren del Valle Organizations: CNN, Attorney, Former New York, Trump Organization, Trump, Trump Org ., Attorney’s Locations: York, Manhattan, New York
They live in a multi-story home with their children, Marlais' parents, and her brother and his family. AdvertisementI didn't know what to expect, but we loved it. Finally, my parents live in the attic. Diana Marlais, Bogdan Nicolae Dascalescu, and their child on the balcony of their apartment. Joshua Zitser/Business InsiderA lifesaver as working parentsDiana: If we didn't live with my parents, I don't know how I would go to work, walk the dogs, and do everything I do.
Persons: , Diana Marlais, Bogdan Dascalescu, Marlais, Diana, Bogdan, Bodgan, Bogdan Nicolae Dascalescu, Joshua Zitser, They're, it's Organizations: Service, Business Locations: Croatia, Romania, Zagreb, Croatia's, Dubrovnik, Bogdan
A Conservative British prime minister sets the date for a long-awaited vote in the early summer and the United States follows with a momentous presidential election a few months later. It happened in 2016, when Britons voted for Brexit and Americans elected Donald J. Trump, and now it’s happening again. Political soothsayers might be tempted to study the results of Britain’s July 4 general election for clues about how the United States might vote on Nov. 5. “We’re just in a very different place politically than the U.S. right now,” said Robert Ford, a professor of politics at the University of Manchester. The Conservatives have been in power for 14 years, he noted, Brexit has faded as a political issue, and there is no British equivalent of Mr. Trump.
Persons: Donald J, Trump, Trump’s, Joseph R, Biden, “ We’re, , Robert Ford, Brexit Organizations: Conservative, Brexit, European Union, Labour Party, Conservatives, Democratic, Republican, University of Manchester Locations: Conservative British, United States, U.S
Road trips, in particular, are expected to set a record, which could send gas prices higher. But, just as a US president cannot solely take the blame for surging oil prices, nor can he or she, in most cases, be entirely credited for steadying prices. “This is a non-starter and won’t do much to lower gas prices,” GasBuddy’s Patrick DeHaan said. In the wake of Russia’s invasion of Ukraine in 2022, Biden attempted to stem rising oil prices by authorizing the release of 180 million barrels of oil in coordination with US allies overseas. Gas prices have remained steady in recent weeks after rising sharply at the end of winter.
Persons: Biden, Jennifer Granholm, , ” GasBuddy’s Patrick DeHaan, Obama’s, Sandy, Tom Kloza, , Kloza, Matt Egan Organizations: CNN, AAA, Federal Aviation Administration, Gasoline Supply, , Congress, US Energy Information Administration, US Department of Energy, Oil Price Information Service Locations: New York, Maine, Ukraine
Almost all humanitarian aid providers were operating out of Rafah, including my colleagues from the American Friends Service Committee (AFSC). Since October, the team in Gaza has provided lifesaving humanitarian aid to more than half a million people. In Rafah, our staff were living in a compound with dozens of other families while continuing to organize the complex logistics of providing humanitarian aid. A truck carrying humanitarian aid for the Gaza Strip passes through the Kerem Shalom Crossing in southern Israel last March. We must preserve international humanitarian law and prevent further death and starvation.
Persons: Kerri Kennedy, Fatima Shbair, Israel, Biden, Ohad, they’ve, Joe Biden, Facebook Biden, that’s, Organizations: American Friends Service Committee, CNN, Kerri Kennedy American Friends Service, UN, United Nations, Gaza, Twitter, Facebook Locations: Gaza, Israel, Rafah, Gaza City, Fatima, Amman, Egypt, Kerem Shalom, Myanmar, Sudan, Kerem, Detroit
Dollar hovers near highest in a week after hawkish Fed minutes
  + stars: | 2024-05-23 | by ( ) www.cnbc.com   time to read: +3 min
The yen l anguished just above a three-week low despite the continued threat of intervention by Japanese officials. The dollar index, which tracks the currency against six major rivals including the euro , sterling and yen, was little changed at 104.89 after gaining 0.28% overnight. The dollar was little changed at 156.77 yen after rising to 156.85 overnight, the highest since May 1. Traders and analysts suspect Japan's Ministry of Finance intervened several times to support the yen following its plunge to a 34-year low of 160.245 per dollar on April 29. Bigger rival bitcoin was little changed at $69,491 after reaching $71,957 on Tuesday for the first time since April 9.
Persons: Sterling, Ether, James Kniveton, Japan's, Rishi Sunak, bitcoin Organizations: Bank of Japan, Reserve, Federal, Traders, of Finance, Bank of England, Conservatives, Labour Party, Labour, Securities
UK election 2024: Everything you need to know
  + stars: | 2024-05-23 | by ( Rob Picheta | ) edition.cnn.com   time to read: +11 min
Rishi Sunak’s rival for power is Labour leader Keir Starmer, who is heavily favored to become Britain’s new prime minister in July. Labour leader Keir Starmer -- the frontrunner in the election -- launches his campaign in Gillingham on Thursday. Given Labour’s standing in the polls, Starmer is more equipped to take the fight to other groups. In the UK, voters don’t elect a prime minister directly. But this is a formal role only; the King won’t contradict his prime minister or overrule the results of an election.
Persons: CNN —, Rishi Sunak, We’ll, Keir Starmer, Sunak, Downing, Maja Smiejkowska, – Sunak, Boris Johnson’s, Liz Truss, Boris Johnson, Johnson, Stefan Rousseau, Jeremy Corbyn, Theresa May, Sunak hasn’t, , Starmer, Henry Nicholls, Rishi Sunak’s, Gareth Fuller, Reform Party –, David Cameron, King Charles III, won’t Organizations: CNN, CNN — Britain’s, Labour, Reuters, Sunak’s Conservative Party, Liberal Democrats, Conservatives, Conservative, Party, Getty, European Union, Reform Party, Scottish National Party, Green Party, National Health Service Locations: Westminster, Rwanda, England, AFP, Gillingham, Gaza
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Share genuine gratitudeIt doesn't hurt to include genuine appreciation and praise for the person you're contacting. Do research on the person you're reaching out to. If you have a strong mutual relationship, ask for an in-person meeting. Set aside 20 minutes a week to intentionally expand your network, and you'll find yourself attracting more opportunities, relationships, and wealth.
Persons: , I've, It's, Mark Cuban, Andrew Yeung Organizations: Service, Business, Spotify, Meta, Google, Silicon, Tech, Fortune, LinkedIn, ABC Company, Facebook, Business Planning, Next Locations: South East
British Prime Minister Rishi Sunak makes a statement in the rain outside 10 Downing Street, announcing the UK general election will take place on 4 July in London, United Kingdom on May 22, 2024. News of the vote came as a surprise to the public, the media and much of Sunak's own party. 'As good as it gets'Bronwen Maddox, director of Chatham House think tank, said the election date had shocked many Conservatives who thought it would be held nearer to the U.S. election in November. Market bets on an interest rate cut in the summer fell as a result, and it now looks unlikely the central bank will cut on June 20, its last meeting before the election. So if that translates to a general election as well, then that Labour landslide is looking much less certain."
Persons: Rishi Sunak, Sunak, Price, Bronwen Maddox, I'm, Maddox, Rachel Reeves, Sir Keir Starmer, Angela Rayner, Leon Neal, James, Hannah Bunting, CNBC's, Tony Blair, John Major, Bunting, we've Organizations: British, Anadolu, Getty, Conservative Party, Conservatives, Labour Party, Downing, Bank of England, Chatham House, CNBC, Bank of England's, Labour, Centre, University of Exeter Locations: London, United Kingdom, U.K, Europe, Gaza, Rwanda, Purfleet
For those outside the Westminster bubble, the announcement felt less like a starting pistol than a final gasp. But unlike Sunak, who with his wife Akshata Murty is worth an estimated £651 million ($828 million), most of us can’t afford it. The British economy never fully recovered from the 2008 recession and, consciously or not, most people still feel the sting every day. As Sam Knight recently noted in the New Yorker, the average British worker is estimated to be £14,000 ($17,800) worse off per year now than they would be if earnings had risen at pre-crisis rates. Her disastrous mini-budget wiped £30 billion off the UK economy that autumn, according to independent think tank Resolution Foundation, and sent interest rates rocketing.
Persons: Holly Thomas, Katie Couric, Rishi Sunak, Keir Starmer, Tony Blair, Akshata Murty, Sam Knight, Brexit, Liz Truss, It’s, there’s, , Boris Johnson, Johnson, who’d, that’s, Blair Organizations: Katie Couric Media, CNN, London CNN —, Conservative, Westminster, Labour, British Medical Association, BMA, Commission, Yorker, Evening, Office, National Statistics, Tory, Foundation Locations: London, Westminster, England, British, Europe, Rwanda
London CNN —UK Prime Minister Rishi Sunak announced a snap general election for July 4 in a statement outside Downing Street on Wednesday evening, as his Conservative Party faces an uphill struggle to extend its 14 years in power. But a fall in inflation rates, announced earlier Wednesday, provided the backdrop for his announcement. The move will be welcomed by the buoyant Labour Party, led by Keir Starmer, which is soaring in the opinion polls and has sought to present itself as a reformed and moderate group that is ready for power. Sunak walks back inside on Wednesday after announcing the July 4 date for the election. But Johnson’s premiership collapsed after a string of scandals, paving the way for his then-finance minister Sunak to emerge as a frontrunner for the leadership.
Persons: Rishi Sunak, Sunak, Downing, King Charles III of, , ” Sunak, Keir Starmer, Buckingham, Queen’s, Starmer, , Carl Court, Liz Truss, Boris Johnson, , Theresa May —, King Charles III Organizations: London CNN —, Conservative Party, Conservative, Labour Party, Labour, Liberal Democrats, Conservatives, Party, Scottish National Party, European Union, Tories Locations: Britain, Buckingham Palace, Ukraine, Downing, Sunak, United Kingdom, Rwanda, Britain’s
Prime Minister Rishi Sunak of Britain on Wednesday called a snap general election for July 4, throwing the fate of his embattled Conservative Party to a restless British public that appears eager for change after 14 years of Conservative government. But the Tories have discarded four prime ministers in eight years, lurching through the serial chaos of Brexit, the coronavirus pandemic and a cost-of-living crisis. With the opposition Labour Party ahead in most polls by double digits for the last 18 months, a Conservative defeat has come to assume an air of inevitability. “Now is the moment for Britain to choose its future,” Mr. Sunak said as pelting rain drenched his suit jacket. The choice for voters, he said, was to “build on the future you’ve made or risk going back to square one.”
Persons: Rishi Sunak, Sunak’s, Barack Obama, ” Mr, Sunak, Organizations: Conservative Party, Conservative, Downing, Labour Party Locations: British, Britain
Multifamily rents in April were 0.8% lower than they were in the same month last year, according to Apartment List. Apartment rents did rise for the third straight month, but the growth, at 0.5%, is very small. Single-family rents are much stronger, up 3.4% in March year over year, according to a new report from CoreLogic. "U.S. single-family rent growth strengthened overall in March, though some weaknesses are revealed in the latest numbers," said Molly Boesel, principal economist for CoreLogic. Of the nation's 20 largest cities, Seattle saw the highest year-over-year increase in single-family rents at 6.3%, followed by New York at 5.3% and Boston at 5.2%.
Persons: Molly Boesel, Boesel Organizations: National Association of Home Builders, CoreLogic, Boston Locations: Austin , Texas, Seattle, New York, Miami, New Orleans, townhomes, Florida, Austin
"I think the iPhone next generation has to incorporate far more AI than it does now," Jim said on Monday. The Club's belief is that doing so will prompt iPhone users to upgrade to the newer model, helping reignite topline growth for Apple following a prolonged period of sluggishness. The majority of Apple's installed base of more than 2.2 billion devices is iPhones, Melius said in its note Monday. AAPL YTD mountain Apple (AAPL) year-to-date performance AI can boost more than just iPhone sales, according to Melius. In the three months ended March 30, the iPhone 15 and iPhone 15 Pro Max held the No.
Persons: Jim Cramer, Jim, Melius, Max, Jim Cramer's Organizations: Melius Research, Apple, Conference, Cupertino, Reuters, Huawei, CNBC, Citizens, Nurphoto, Getty Locations: China, Melius, India, Shanghai
No one is laughing about Jayshree's company, either, as her white box solutions are beating Cisco Systems when it comes to the internet plumbing that connect Nvidia chips to the Titans. Last year at this time, Nvidia snuck into the U.S. trillion-dollar market cap club, with that May quarter. What does Nvidia really have to do then for an encore? Now we are getting into what Jensen does to beat expectations. Tall order, but Nvidia is a company that's beaten tall orders routinely we just didn't really know it until last May.
Persons: Jensen Huang, Jensen, Claude, let's, Blackwell, Andy Grove, Intel's, doesn't, — Jensen, Collette Kress, Mills, Eli Lilly, Jim Cramer's, Jim Cramer, Jim, Josh Edelson Organizations: Nvidia, Titans, Arista Networks, Microsoft, Meta, Cisco Systems, Google, Apple, Devices, Intel, Merck, Keytruda, Vision, AMD, Grove, Union Pacific, Club, GE, Jim Cramer's Charitable, CNBC, SAP Center, Afp, Getty Locations: San Jose , California
Read previewI'm an American living in Germany with my family, and it's been fascinating to observe the differences in elementary school between the US and Germany. German elementary school is 4 yearsIn Germany, kids go straight from preschool (which is called Kindergarten in Germany) to elementary school; there is no year of Kindergarten as Americans know it. German elementary school ends in fourth grade. AdvertisementThere are many more short-term vacationsFor many kids in Germany, the elementary school day is very short compared to an American school day. When I drop my younger kids off at preschool, I see hordes of elementary school kids en route to school sans grownups.
Persons: , I've, you'll, doesn't Organizations: Service, Business, School, Locations: Germany, Bavaria
Of course, Bruno Mars also has a few other concerts planned outside the Las Vegas residency dates for his 2024 tour. We've got you covered if you're looking for how to get tickets to Bruno Mars' 2024 Las Vegas residency concerts and additional tour dates. Bruno Mars 2024 tour scheduleFollowing a nearly four-month hiatus, Bruno Mars' Las Vegas residency returns on June 7, 2024. Date City Vivid Seats prices StubHub prices Time June 7, 2024 Las Vegas, NV $352 $340 9 p.m. June 8, 2024 Las Vegas, NV $353 $370 9 p.m. June 12, 2024 Las Vegas, NV $334 $331 9 p.m. June 14, 2024 Las Vegas, NV $377 $411 9 p.m. June 15, 2024 Las Vegas, NV $393 $392 9 p.m. August 15, 2024 Inglewood, CA $245 $249 8 p.m. August 16, 2024 Inglewood, CA $234 $241 8 p.m. August 20, 2024 Las Vegas, NV $309 $323 9 p.m. August 23, 2024 Las Vegas, NV $281 $287 9 p.m. August 24, 2024 Las Vegas, NV $331 $339 9 p.m. August 27, 2024 Las Vegas, NV $226 $233 9 p.m. August 28, 2024 Las Vegas, NV $231 $247 9 p.m. August 31, 2024 Las Vegas, NV $339 $348 9 p.m. September 1, 2024 Las Vegas, NV $319 $333 9 p.m. How to buy tickets for Bruno Mars' 2024 concert tourYou can buy original tickets for Bruno Mars' 2024 concert tour on Ticketmaster.
Persons: Bruno Mars, He's, We've, StubHub, Anderson, Paak, Camila Cabello Organizations: Business, Las, MGM, Dolby, Vegas, Ticketmaster, Mars Locations: Las Vegas, Los Angeles , CA, Vegas, Inglewood, CA, Los Angeles, Dua Lipa, Brazil, Rio de Janeiro, Sao Paulo, Brasilia
In 2016, when I was seven months pregnant and my oldest son was 6, we moved to the Netherlands for my husband's work. During my time there, I noticed several differences between raising a family in the Netherlands and in the United States. Most parents would say "don't parent my child" or "don't tell me how to parent my child". Childcare is subsidizedSince childcare is subsidized in the Netherlands, I was able to start my own circular children's clothing company even while raising young children. AdvertisementWhen we were in the Netherlands, they didn't really start reading until 7 years old.
Persons: weren't, we've, haven't Organizations: Service, Business, Washington DC Locations: Philadelphia, Netherlands, United States, , America, Washington
When I was married, it was our unofficial tradition for me to be disappointed each Mother's Day. And every year, my husband would forget,My first Mother's Day as a single parent arrived just weeks after my husband left our family home. AdvertisementThe holiday highlighted our disconnectLooking back, I can see that my Mother's Day angst was just one of many signs that our marriage was in trouble. He wanted someone who planned, shopped for, and executed each magical holiday, including her own Mother's Day. I get to plan whatever I want nowThe beauty of a single Mother's Day is that I can make it whatever I want.
Persons: we'd, , There's, I've, they'll, pedicures Organizations: Service Locations: minimums
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