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In Florida, meanwhile, a federal judge could push back Trump’s trial date in the classified documents case. Special Counsel Jack Smith and attorneys for Trump proposed moving the trial later into the summer in court filings Thursday. For Friday’s hearing in the documents case, scheduled for 10 a.m. Smith has highlighted a myriad of threats made against individuals connected to the documents case, including witnesses, government employees, an FBI agent involved in the initial Mar-a-Lago search and two federal judges, including Cannon herself. Attorneys for Trump and his allies are expected to argue that Wade and Willis lied under oath about when their relationship started.
Persons: Donald Trump, Trump, Fani Willis, Aileen Cannon, Joe Biden’s, Jack Smith, Smith, Walt Nauta, Carlos De Oliviera, De Oliviera’s, Cannon, , Biden, – Nauta, De Oliveira, , Willis, Scott McAfee, Nathan Wade, Wade, McAfee, Charles Mittelstadt, Terrence Bradley, Bradley, Ashleigh Merchant, Merchant Organizations: CNN, Trump —, White, National Security Council, Prosecutors, Trump Locations: Georgia, Florida, Fulton County, California, Belize, Caribbean
CNN —Prince Harry has lost a court challenge against a British government decision to strip him of taxpayer-funded protection after he quit royal duties. Harry took legal action against the Home Office after it decided in February 2020 he would no longer be given the “same degree” of protection when in the country. During a hearing in December, lawyers for Harry argued the decision meant he was “singled out” and treated “less favourably,” British news agency PA Media reported. This legal case was one of several lawsuits that Prince Harry has undertaken in the UK. Prince Harry sued ANL for libel over a February 2022 story about the Duke’s High Court case against the UK’s Home Office concerning security arrangements when he and his family visit the country.
Persons: Prince Harry, Harry, , , Meghan, Duke, Sussex, Diana, of Wales, ANL Organizations: CNN, Home, PA Media, Associated Newspapers Limited Locations: British, California, Paris
Prince Harry lost a long-running legal battle over the downgrading of his security in Britain, as a High Court judge ruled on Wednesday that the British government was entitled to change the level of police protection for a member of the royal family who was no longer carrying out official duties. It was a stinging setback for Harry, who has waged a series of legal battles on both his security and privacy. Harry lost his automatic taxpayer-funded protection from the Metropolitan Police when he and his wife, Meghan, stepped back from royal duties in 2020, eventually relocating to Southern California. The prince has argued that he cannot safely visit Britain with his family without that higher level of protection. Last May, in a parallel legal case, he lost a bid to pay for police protection out of his own pocket.
Persons: Prince Harry, Peter Lane, Harry, Meghan Organizations: The, Metropolitan Police Locations: Britain, London, Southern California
U.S. President Joe Biden's son Hunter Biden talks to reporters outside the U.S. Capitol on December 13, 2023 in Washington, DC. Hunter Biden will appear a week after James Biden, the president's brother, told lawmakers that at no point during his 50-year business career was Joe Biden involved in his work. Joe Biden attended dinners, spoke on speakerphone, showed up to meetings, and had coffee with his son's foreign business associates. Republicans first issued a subpoena to Hunter Biden in early November, but through his lawyer, he chose not to comply with it for months. Hunter Biden will repeat what he and other witnesses have previously told the committees, that his father was not involved in his business, the sources said.
Persons: Joe Biden's, Hunter Biden, WASHINGTON — Hunter Biden, James Biden, Joe Biden, Hunter, James Comer, Comer, Biden, MAGA, Alexander Smirnov, Smirnov Organizations: U.S, Capitol, WASHINGTON, GOP, Committee, NBC, Republicans, MAGA Republicans, White House, Democratic, NBC News, FBI, Russian, Republican Locations: Washington , DC, Ky
CNN —There is a simple reason why many Republicans will snub Ukrainian President Volodymyr Zelensky’s desperate plea for billions of dollars in arms and ammunition. He told CNN’s Kaitlan Collins in an interview in Kyiv Sunday that Republicans such as Trump ally Ohio Sen. J.D. Vance – who have been speaking out against more Ukraine aid – do not comprehend the stakes of the conflict. How Trump transformed the GOPThe Ukraine war funding showdown highlights how America’s domestic politics are already reverberating around the globe. The splits in the GOP over Ukraine were exposed last week when 26 Senate Republicans voted against the bill containing Israel and Ukraine aid while 22 backed it.
Persons: Volodymyr Zelensky’s, Donald Trump, Joe Biden, It’s, Zelensky, CNN’s Kaitlan Collins, Ohio Sen, J.D, Vance –, , ” Zelensky, Trump, Mitch McConnell, Vladimir Putin, Putin –, III, Biden –, Putin, Alexey Navalny, Dwight Eisenhower, Richard Nixon, Ronald Reagan, George H.W, Bush, Matt Gaetz, ” Trump, Mike Johnson –, Biden, Johnson, ” Jake Sullivan, CNN’s Dana, , • There’s, Vance, ” Vance, ’ ”, ” Zelensky –, CNN’s Collins, Avdiivka –, he’s Organizations: CNN, America, Republican, Kyiv Sunday, Trump, Ohio, GOP, NATO, Party, Trump Republicans, Conservative Political, Florida, Ukraine, White, Ukraine –, Munich, Conference, Republicans Locations: Europe, Russia, United States, Ukraine, Kyiv, Soviet, Washington, America, Mexico, “ State, South Carolina, European, China, Taiwan, Avdiivka, Israel, There’s
That’s the message in a fascinating new memoir, “Burn Book,” by the tech journalist Kara Swisher, who hosts a multitude of podcasts and is a CNN contributor. I don’t think they read. In the entire time that you’ve been covering tech I don’t think there’s been a single major regulatory law. So it’s a real racket if you really think about it. And I do think there’s a human impulse even though you have this lizard brain that likes to stare at the phone.
Persons: , Kara Swisher, SWISHER, Will, I’ve, it’s, Steve Jobs, I’m, Don’t, What’s, there’s, they’ve, They’ve, Guess, Mark Zuckerberg, He’s, Joe, Biden, There’s, Sam Altman, Tony Blinken, It’s, that’s, you’re, We’ve Organizations: CNN, Communications, Alaska Airlines, United Arab, State, Facebook, Times Locations: It’s, America, Alaska, United Arab Emirates, UAE, Europe, New York, There’s
The program provides $1,000 monthly to low-income families, who spent much of their payments on housing. She applied for the Austin Guaranteed Income Pilot, which gave 135 low-income families $1,000 monthly with funding from the City of Austin and philanthropic donations. An analysis by the Urban Institute think tank found that participants predominantly spent their $1,000 payments on housing and food. Still, the Austin pilot — and dozens of others nationwide — have not been entirely successful for every participant. I'm working, and when I got down here, I landed a job within a month," Hendon said.
Persons: Stephanie Hendon, , Austin, Jessica Nairns, Ivanna Neri, Hendon, bachelor's, Stephanie Hendon Stephanie Hendon, We're, didn't, I'm Organizations: Austin, Service, Urban Institute, Hendon Locations: Austin, City of Austin, Texas, Austin's, UpTogether, Detroit, Hendon, Michigan
The IM-1 mission's landing helps catapult the US into a 21st-century space race to the moon's south pole. AdvertisementAn American moon lander touched down on the lunar surface for the first time in over 50 years on Thursday. For its last lunar landing attempt in January, NASA partnered with the Pittsburgh-based company Astrobotic Technology to send its Peregrine spacecraft to the moon. Intuitive Machines' Odysseus moon lander beamed back its first images from space earlier this month. So NASA and Intuitive Machines have officially put the new commercial lunar era in swing, and they're just getting started.
Persons: , Astrobotic, Odysseus, Tim Crain, Japan's, Trent Martin, NASA hitches, they're Organizations: NASA, Service, Houston, SpaceX, US, Spaceflight, Payload, Pittsburgh, Technology, Machines Locations: Russia, India, Japan, China
Intuitive Machines mission control reported that it was receiving pings from the lander, which means it touched down at about 6:24 p.m. Intuitive Machines' Odysseus moon lander beamed back its first images from space earlier this month. Intuitive MachinesNASA has several CLPS missions scheduled over the next two years, including two more with Intuitive Machines. AdvertisementEven later this year, a different Intuitive Machines spacecraft is scheduled to head to the western edge of the moon's near side. So NASA and Intuitive Machines have officially put the new commercial lunar era in swing, and they're just getting started.
Persons: Astrobotic, Odysseus, Tim Crain, , Japan's, Trent Martin, NASA hitches, they're Organizations: Houston, NASA, SpaceX, US, Spaceflight, Payload, Pittsburgh, Technology, Machines Locations: Russia, India, Japan, China
The IRS, with billion of dollars in new funding from Congress, has launched a sweeping crackdown on wealthy taxpayers, partnerships and large companies. The Inflation Reduction Act gave the IRS an $80 billion infusion, yet congressional Republicans won a deal last year to take $20 billion of the funding back. The Treasury Department said last week it estimates greater IRS enforcement to result in an additional $561 billion in tax revenue between 2024 and 2034 — a higher projection than it had initially stated. The IRS is touting its early success with a program to collect unpaid taxes from millionaires. So far, the IRS has collected more than $480 billion from the group, "and we are still going," Werfel said.
Persons: Danny Werfel, Werfel, Ting Shen Organizations: Internal Revenue Service, IRS, CNBC, Congress, Republicans, Treasury Department, Bloomberg, Getty Locations: Washington , DC
New York CNN —Major League Baseball players will be wearing new jerseys this season. Some players have complained that there are fewer tailored options available for pants, and the players’ union has reportedly raised criticism of the jerseys to Nike and MLB. (The Major League Baseball Players’ Association did not respond to CNN’s request for comment.) Teams retire their most important players’ jersey numbers. “This is joining that narrative.”Some NHL fans, like baseball fans, are worried about Fanatics’ deal with the NHL to produce authentic jerseys players wear in games because of concerns about quality, limited selection and prices.
Persons: Sam Navarro, , cringe, Stephen Andon, ” Andon, , Nike, ” Jason Heyward, Rob Manfred, They’re, what’s, Paul Lukas, Billie Weiss, ” Lukas, , Andon Organizations: New, New York CNN — Major League Baseball, Nike, MLB, Louis Cardinals, Philadelphia Phillies, Mariners, USA, Reuters, Baltimore Orioles, Major League Baseball Players ’, Montclair State University, Los Angeles Dodgers, NFL, NBA, NHL, Topps, Mitchell, Sports, Uni Watch, Boston Red Sox, Adidas, Reebok, CNN Locations: New York, New St
New York CNN —Vladimir Putin’s information war in U.S. media paid off this weekend with a key victory halfway around the world. A CNN poll conducted last summer found that a staggering 71% of Republicans do not support additional aid to thwart Putin’s war on Ukraine. Kostiantyn Liberov/Libkos/Getty ImagesMuch of the GOP’s softening toward Russia is owed to a near-total reversal in rhetoric from right-wing media personalities and outlets, prompted in large part by Donald Trump’s ascension to power in GOP politics. While the biggest players in right-wing media once fervently championed the foreign policy doctrines of the neo-conservatives, they now follow in the footsteps of Trump and vehemently reject the views once held by the George W. Bush administration. The rhetoric has had a considerable impact on the views of the party, which is now being reflected by its elected leaders.
Persons: Vladimir Putin’s, Putin, Julian E, Barnes, Thomas Gibbons, Neff, Eric Schmitt, CNN’s Nick Paton Walsh, Mike Johnson, Johnson, Mitt Romney, , Kostiantyn, Donald Trump’s, Trump, George W, Bush, Tucker Carlson, Carlson, Volodymyr Zelensky, ” Matt Gertz, “ Tucker Carlson, ” “, ” Gertz Organizations: New York CNN, U.S . Congress, Eastern, Congress, GOP, Senate, Republican, Republican Party, CNN, Chemical Plant, Fox News, U.S, Ukraine, Republicans, Media Locations: New York, Washington, Ukraine, Avdiivka, Europe, Russia, Avdiivka district, Moscow, U.S
“The IRS is using advanced analytics and resources from the Inflation Reduction Act to more closely examine this area,” IRS Commissioner Danny Werfel said on a call with reporters. So far, the IRS has used Inflation Reduction Act funds to help collect more than $482 million from 1,600 millionaires who had not paid their tax debts. Last month, to coincide with the start of tax filing season, the IRS launched its own free, direct tax filing service. How Republicans have targeted IRS fundingThe Inflation Reduction Act, which passed in 2022 without any Republican votes, approved about $80 billion for the IRS over a 10-year period. The House GOP later approved a bill to abolish the IRS altogether and replace the entire federal tax code with a national sales tax.
Persons: Biden, , Danny Werfel, Organizations: Washington CNN, Internal Revenue Service, Democrat, IRS, Republicans, Republican, GOP
If you've filed your 2023 tax return and want to know when you'll get your refund, the IRS has several tools available to help you track its status. When will I get my tax refund? FAQs How do I check my income tax refund status? You can get updates on the status of your refund on the IRS2Go app or the IRS "Where's My Refund" tool. You can check the status of your return and any refund 24 hours after e-filing by visiting the IRS website or IRS2GO app.
Persons: you've, you'll, TurboTax, Jackson Hewitt, filers, it's Organizations: IRS, Block, Jackson, Apple, IRS Taxpayer Assistance, CNBC, CNBC Select's, Facebook, Twitter, & $ Locations: Mobile
The GOP has been softening its stance on Russia ever since Trump won the 2016 election following Russian hacking of his Democratic opponents. Now the GOP's ambivalence on Russia has stalled additional aid to Ukraine at a pivotal time in the war. Things are changing just not fast enough.”Those who oppose additional Ukraine aid bristle at charges that they are doing Putin's handiwork. Even before Trump, Republican voters were signaling discontent with overseas conflicts, said Douglas Kriner, a political scientist at Cornell University. Skeptics of Ukraine aid argue the war has already decimated the Russian military and that Putin won't be able to target other European countries.
Persons: Republican Sen, Ron Johnson of, Vladimir Putin, , Johnson, “ Vladimir Putin, Donald Trump, Putin, Mike Johnson, , “ Putin, ” Republican Sen, Thom Tillis, Mitch McConnell of, Alexei Navalny, Joe Biden, Tillis, ” Johnson, Missouri Sen, Eric Schmitt, ” Alabama Sen, Tommy Tuberville, Tucker Carlson’s, Matt Gaetz, Trump, Douglas Kriner, ” Kriner, ” Trump, didn’t, Olga Kamenchuk, ” Kamenchuk, That’s, “ He's, he's, ” Henry Hale, Russell Vought, Sergey Radchenko, Joey Cappelletti, Mary Clare Jalonick, Lisa Mascaro Organizations: Republican, GOP, Trump, Democratic, Republicans, NATO, ” Republican, Republican Party, , Cornell University, Northwestern University, Ukraine, Pew Research, George Washington University, Management, Center, Johns Hopkins ’ School, International Studies, Associated Press Locations: Ron Johnson of Wisconsin, Ukraine, Russian, Russia, Europe, U.S, North Carolina, Mitch McConnell of Kentucky, America, Missouri, ” Alabama, Waterford Township , Michigan, ” Russia, , Moscow, Soviet Union, Putin's U.S, Israel, Taiwan, Western Europe, Soviet, Lithuania, Estonia, Washington
ATLANTA (AP) — Since Jimmy Carter entered hospice care at his home in south Georgia one year ago, the former U.S. president has celebrated his 99th birthday, enjoyed tributes to his legacy and lost his wife of 77 years. Those advocates commend the Carter family for demonstrating the realities of aging, dementia and death. Almost half of Medicare patients who died that year did so under hospice care. JIMMY CARTER’S ENDURANCE IS NOT UNUSUALIn 2021, the average stay of hospice patients who died was 92 days, MedPAC calculated. About 10% of enrollees who die in hospice care stayed more than 264 days.
Persons: Jimmy Carter, Rosalynn Carter, Carter, “ It’s, , Angela Novas, it’s, , Mollie Gurian, ” Gurian, Gurian, Chip Carter, Jimmy, Rosalynn, Novas, JIMMY CARTER’S, , Jimmy Carter’s, JIMMY CARTER, ” Novas Organizations: ATLANTA, Hospice Foundation of America, Medicare, Advisory, Novas, The Washington Post Locations: Georgia, Washington, Plains, U.S,
Not everyone qualifies for bonus depreciation deductions by default. “Any property could qualify for accelerated and bonus depreciation,” said Brandon Ford, a CPA and finance director at C3, a real-estate investment firm. Determining the deductibleOnce you qualify for the deduction, you must determine how much you can claim from bonus depreciation. To determine what Michael could deduct, he reviewed his property tax statement, a publicly available record on the county website. In order to qualify for bonus depreciation, he ordered a cost segregation study, which is a third-party service similar to an appraisal.
Persons: Michael Hyun, Eileen, Michael, what’s, , Eileen’s, Brandon Ford, Michael said, Ford, ” Ford, Hyun, , That's Organizations: Business, Bay Area, IRS, CPA Locations: California, Bay, Alameda County
NatWest profit jumps 20% as Thwaite confirmed as CEO
  + stars: | 2024-02-16 | by ( ) www.cnbc.com   time to read: +2 min
The logo of NatWest, a retail unit of RBS, outside a bank branch in London, U.K., on Tuesday, June 26, 2012. British bank NatWest confirmed Paul Thwaite as its permanent chief executive on Friday and reported forecast-beating profit for 2023, as it gears up for a crunch sale of state-owned stock in the company after a scandal-hit year. The taxpayer-backed lender reported pre-tax profit of 6.2 billion pounds ($7.81 billion) for the 12-month period, up 20% on 5.1 billion pounds the prior year and ahead of a 5.95 billion pounds average of analyst forecasts compiled by the bank. NatWest also announced a final dividend of 11.5 pence per share and a share buyback of 300 million pounds. NatWest set aside 578 million pounds for potential soured loans, up from 337 million pounds the prior year - but the figure came in below analyst forecasts.
Persons: Paul Thwaite, Thwaite, Alison Rose, Nigel Farage, Rose, Peter Flavel Organizations: NatWest, RBS, Brexit Party Locations: London
Washington CNN —Every day, America gets dragged deeper into Donald Trump’s legal, political and constitutional morass. But at the end of a tempestuous day, his legal strategy was clearer than ever. In itself, it represents a profound political and legal test for American democracy and the rule of law – even if it is only one of Trump’s legal threats. In a normal election, Trump would be keen to turn his fire on his likely general election foe, Biden, by late March. But he will be forced to spend day after day in court in New York.
Persons: Donald Trump’s, Fani Willis, Trump’s, Michael Roman, Willis, Nathan Wade, ” Darryl Cohen, CNN’s Erin Burnett, , ” Cohen, Wade, Trump, Caroline Polisi, Robin Yeartie –, Willis –, ” Polisi, CNN’s Anderson Cooper, , ” Willis, Judge Juan Merchan, Biden, he’s, Alvin Bragg’s, Todd Blanche, Merchan, ” Merchan, ” Blanche, he’ll, David Weiss, Hunter Biden’s, Alexander Smirnov, Harry Reid, Smirnov Organizations: Washington CNN, Trump, Fulton, District, Republican, FBI, Burisma Holdings, Harry Reid International, GOP Locations: America, Georgia, Fulton Country , Georgia, Fulton County, York, Trump, United States, Manhattan, New York, Las Vegas
As a participant in the Austin Guaranteed Income Pilot , she received $1,000 monthly for a year between August 2022 and August 2023 to help her “survive more comfortably,” she said. Though, the program didn’t fix all her issues and she hasn’t gotten back on her feet after losing her job. AdvertisementThe Austin program and a new program in Harris County , home to Houston, have been met with resistance from politicians who allege these programs are unconstitutional. Joining the Austin Basic Income PilotNairns said she learned about the Austin Basic Income Pilot through another organization called the Austin Area Urban League, which helps low-income families. While still receiving payments, she was laid off at Austin Mutual Aid, losing her housing and car the same day.
Persons: , Jessica Nairns, She’s, , hasn’t, ” Nairns, , Austin, Ivanna Neri, Neri, ” Neri, Nairns, wasn’t, “ I’m Organizations: Service, Business, Austin, Urban Institute, Austin Mutual Aid, Austin Area Urban League, Locations: Austin, City of Austin, Texas, UpTogether, Washington, DC, Harris County, Houston, Dallas, Ohio
Al Drago | Bloomberg | Getty ImagesAfter vowing to "substantially" reduce audits on a low-income tax credit in September, the IRS confirmed it's taking steps to address the inequity. "We also are testing changes in the audit selection algorithm," that could "remediate the disparate impact that has been occurring," he said. The report pointed to a faulty software algorithm used by the agency that selects who gets audited and noted the earned income tax credit contributed to this disparity. The credit has a high 'improper payments rate'In 2022, about 23 million filers received $57 billion from the earned income tax credit, and the tax break averaged $2,541. For tax year 2023, the credit is worth up to $7,430 for a household with three or more children, according to the IRS.
Persons: Danny Werfel, Al Drago, We've, Werfel, Erin Collins Organizations: Washington , D.C, Bloomberg, Getty, IRS, Stanford University, University of Michigan, U.S . Department of, Treasury, University of Chicago, Senate Finance Locations: Washington ,
Violetastoimenova | E+ | Getty ImagesHouse lawmakers are weighing relief for a "marriage penalty" that impacts the federal deduction limit on state and local taxes, known as SALT. While the bill doesn't have broad support, it could help shape future tax policy discussions, experts say. Without changes from Congress, the $10,000 limit will sunset after 2025 and there will be no deduction cap. Lawmakers on Wednesday afternoon will cast a procedural vote on the bill for future House consideration. As discussions continue about expiring Tax Cuts and Jobs Act provisions, the SALT cap "is going to be one of the biggest sticking points," he said.
Persons: there's, filers, Garrett Watson, John Buhl Organizations: Getty Images, Republicans, Tax, Urban Institute, Urban Locations: New York , New Jersey, California
(AP) — The Missouri Supreme Court on Wednesday rejected the latest attempt by Republican state officials to block taxpayer dollars from going to Planned Parenthood, citing a failure in the state's legal appeal. The high court's decision upholds a ruling by a trial judge, who found that a 2022 funding bill violated the state constitution. The Supreme Court said Republican Attorney General Andrew Bailey's office failed to appeal the equal protection claim and it thus must stand. Missouri's Republican-led Legislature has tried for years to block any health care funding from going to Planned Parenthood because of its association with abortion. Lawmakers have been trying since then to reinstate a ban on funding for Planned Parenthood.
Persons: Andrew Bailey's, Yamelsie Rodriguez, Emily Wales Organizations: JEFFERSON CITY, Missouri Supreme, Republican, Missouri's Republican, U.S, Supreme, Lawmakers, Democratic Locations: Mo, Missouri, Louis Region, Southwest Missouri, Missouri's
But everyday filers could still face an audit — and certain issues are more prone to IRS scrutiny, experts say. Audit rates of individual income tax returns decreased for all income levels from tax years 2010 to 2019, largely due to lower IRS funding, according to a report from the Government Accountability Office. Here are some of the biggest IRS audit red flags. Unreasonable tax breaksAnother red flag could be excessive deductions compared to what's considered normal for your income level, according to Losi. Earned income tax creditThe earned income tax credit, a tax break for low- to moderate-income workers, has historically been scrutinized "because the refundable part attracts certain bad actors," said Steber.
Persons: Ryan Losi, Mark Steber, Jackson Hewitt, Steber, what's, Losi, Erin Collins Organizations: Getty, IRS, Office, NEC, lotto, Center, filers Locations: Syracuse, U.S
Scores of people turned out Tuesday to testify well into the night on bills being considered by Nebraska lawmakers that target diversity initiatives and higher education programs, mirroring proposals by Republicans across the country. The bills before the state Legislature’s Education Committee included one that would ban diversity, equity and inclusion — known as DEI — programs and offices at state colleges and universities. Similar bills have been introduced in Republican-led legislatures across the country as the 2024 election year heats up. Already this year, Republican lawmakers have proposed about 50 bills in 20 states that would restrict DEI initiatives or require their public disclosure. Among them were several young people of color who grew up in the state or Nebraska college students who told lawmakers of the discrimination they've faced.
Persons: Sen, Dave Murman, cosigners, , ” Jess Lammers, Mia Perales, Ricki Barber, ” Barber, ” Sen, Loren Lippincott, , ” Lippincott, Chris Kabourek, , ” It's Organizations: Nebraska, Republican, Education, , University of Nebraska, Lincoln, NAACP, Big Locations: Nebraska, Holdrege, Lincoln, Iowa, Florida, North Dakota, Texas
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