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☆ Manhattan DA opposes Trump bid to lift gag order after hush money conviction
▼ + stars: | 2024-06-05 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

New York prosecutors told a judge they oppose a request by former President Donald Trump to lift the gag order on him in his criminal hush money case. The Manhattan District Attorney's Office asked Judge Juan Merchan to keep the gag order on Trump in place "at least through the sentencing hearing" for the former president next month, and "the resolution of any post-trial motions." Trump's lawyers earlier this week asked Merchan to vacate the gag order, arguing that the grounds for it no longer exist because the trial had concluded, with Trump being convicted on all 34 felony counts. But prosecutors in their new letter to Merchan said the gag order was "based not only on the need to avoid threats to the fairness of the trial itself ... but also on the Court's broader 'obligation to prevent actual harm to the integrity of the proceedings.' Please check back for updates.

Persons: Donald Trump, Stormy Daniels, Judge Juan Merchan, Merchan, Trump Organizations: Trump, New, Manhattan, Attorney's Locations: New York City, U.S, New York

☆ Trump Georgia election case halted pending outcome of challenge to D.A.
▼ + stars: | 2024-06-05 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

A Georgia appeals court on Wednesday halted the criminal election case against Donald Trump in the state pending the outcome of his bid to disqualify the district attorney prosecuting the former president. The order by the Georgia Court of Appeals all but guarantees that Trump and eight co-defendants in the case will not stand trial before the November presidential election, where Trump is the presumptive Republican nominee. The appeals court said it would hear arguments on Oct. 4 on Trump's effort to boot Fulton County District Attorney Fani Willis from the case. The appeals court must rule on the question by March 14, 2025, according to the court's website. The appeals court order Wednesday halting the case also applies to Rudy Giuliani, David Shafer, Robert Cheeley, Michael Roman, Mark Meadows, Cathy Latham, Jeffrey Clark and Harrison Floyd.

Persons: Donald Trump, Trump, Fani Willis, Scott McAfee, Willis, Joe Biden, Rudy Giuliani, David Shafer, Robert Cheeley, Michael Roman, Mark Meadows, Cathy Latham, Jeffrey Clark, Harrison Floyd, Michael Cohen, Stormy Daniels Organizations: Georgia, Trump, Republican, Fulton Locations: Georgia, Fulton, Fulton County, New York, Manhattan

☆ NYPD preparing to revoke Trump's license to carry 3 pistols: report
▼ + stars: | 2024-06-05 | by ( Lloyd Lee | Laura Italiano | ) www.businessinsider.com time to read: +1 min

Former President Donald Trump is a convicted felon after the recent verdict in the hush-money trial. Trump's New York license to carry a concealed weapon was already suspended last year, CNN reported. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFormer President Donald Trump's New York license to carry a weapon is likely about to be revoked by the New York Police Department, CNN reported. A senior police official told CNN that the NYPD is preparing to strip away the former president's license following his recent conviction in the hush-money trial.

Persons: Donald Trump, Trump's, —, Donald Trump's, Trump, Stormy Daniels Organizations: CNN, Service, New York Police Department, Business Locations: York, Manhattan

☆ Jill Biden has attended each day of Hunter Biden's trial so far. Melania Trump missed every day of Donald Trump's.
▼ + stars: | 2024-06-04 | by ( Laura Italiano | Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

First Lady Jill Biden walks into federal court in Wilmington, Delaware, on the first day of Hunter Biden's gun trial. "Happy Birthday," Hunter Biden was overheard telling the first lady at one point, according to The Washington Post. Hunter Biden and wife Melissa Cohen Biden enter federal court in Wilmington, Delaware for opening statements in his gun trial. Both the Biden trial and Trump hush-money trial featured testimony that close family members could find difficult to sit through. NEW POTUS statement as son Hunter Biden’s trial gets underway.

Persons: —, Jill Biden, Hunter, Biden, Melania Trump, Donald Trump's, Lady Jill Biden, Matt Slocum Jill Biden, Hunter Biden, Caleb Boggs, Melissa Cohen Biden, Matt Slocum, Abbe Lowell, Hallie Biden, Lowell, Judge Maryellen Noreika, Donald Trump, Eric, Donald Trump , Jr, Tiffany Trump, Republican Trump, Trump, Stormy Daniels, Playboy Bunny Karen McDougal, Hunter Biden’s, GS50fddvt8 — Kellie Meyer, Jill Organizations: Service, Business, The Washington Post, Trump, Republican, White Locations: Delaware, Manhattan, Wilmington , Delaware, Wilmington

☆ Trump asks hush-money judge to lift his gag order, which would leave him free to seek vengeance against trial witnesses
▼ + stars: | 2024-06-04 | by ( Jacob Shamsian | Laura Italiano | ) www.businessinsider.com time to read: +6 min

Read previewDonald Trump's legal team has asked for the judge who presided over his criminal hush-money trial to lift his gag order, which would give him a free hand to criticize witnesses and jurors in the trial. Related storiesIn near-daily comments to journalists outside the Manhattan courtroom during the trial, Trump criticized the gag order. At a press conference in Trump Tower on Friday, Trump continued to complain about the "nasty gag order" he was under. During the trial, Trump violated the gag order on 10 different occasions, Merchan found. The public comments — and previously determined gag order violations — could lead Merchan to issue a harsher punishment.

Persons: —, Donald Trump's, Juan Merchan, Trump, Michael Cohen, Stormy Daniels, Trump's, Todd Blanche, Cohen, Daniels, Joe Biden, Trump —, Blanche, didn't, Merchan, jailing, Matthew Colangelo, Biden Organizations: Service, Business, New York, Trump, Manhattan, Attorney's Office, Associated Press, jailing Trump, Democratic, US Justice Department Locations: New, Manhattan, United States

☆ Trump campaign and RNC say they raised $141 million in May
▼ + stars: | 2024-06-03 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

Former President Donald Trump's campaign and the Republican National Committee announced Monday that the two entities together raised $141 million in May. The Trump campaign said it raised $34.8 million in less than seven hours after the New York jury's verdict was announced. The Trump campaign said that accounts for just over 37% of their May haul. Therefore, I am supporting former President Trump in this coming election," Leone said in a post on X. To date, according to the official records, Trump's campaign has raised $120 million in the 2024 election cycle, while Biden's campaign has brought in $195 million, according to data from OpenSecrets.

Persons: Donald Trump, Donald Trump's, Trump, Joe Biden's, Stormy Daniels, Doug Leone, Leone, Donald J, Susie Wiles, Chris LaCivita, Biden Organizations: U.S, Republican, Republican National, Trump, RNC, The Trump, Trump . Venture, Capitol Locations: Windham , New Hampshire, York, OpenSecrets

☆ Marjorie Taylor Greene wants to 'defund' the entire state of New York over the Trump verdict
▼ + stars: | 2024-06-03 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +1 min

Trump was found guilty of 34 felony charges by a New York jury on Thursday. Now, Rep. Marjorie Taylor Greene wants to cut off all federal funding to the state as punishment. It's not going to happen — but don't be shocked if other Republicans get on board with the idea. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRep. Marjorie Taylor Greene now wants to cut off all federal funding to the country's second-largest state.

Persons: Trump, Marjorie Taylor Greene, It's, —, Mike Johnson, Donald Trump, Stormy Daniels Organizations: New, Service, Georgia Republican, Business Locations: New York

☆ Analysis: Another trial, this one of Biden’s son, will deepen the election’s legal entanglement
▼ + stars: | 2024-06-03 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Four days after presumptive GOP nominee Donald Trump was convicted on 34 counts in his hush money trial in New York, President Joe Biden’s son Hunter will be called to answer for federal gun charges in Wilmington, Delaware. But a CBS/YouGov poll released Sunday showed that Americans believe 57% to 43% that the Manhattan jury reached the right verdict. His inflammatory remarks did not reflect the fact that his refusal to accept his 2020 election loss and his demagoguery are far more reflective of developing-world banana republics than a fair jury trial. Hunter Biden is entitled to the same presumption of innocence and a trial by a jury of his peers that Trump was. “I’d rather be on President Biden’s side of that contrast than on the extreme MAGA Republican side,” he said.

Persons: Donald Trump, Joe Biden’s, Hunter, It’s, Trump, Stormy Daniels, Biden, —, ”, “ It’s, We’ve, Lara Trump, CNN’s Kasie, it’s, Adam Schiff, ” Schiff, don’t, ” Biden, Robert Menendez, Hunter Biden, David Weiss, General Merrick Garland, Roe, Wade, Chuck Schumer, “ Donald Trump, ” Schumer, Hakeem Jeffries, ” Jeffries, Jeffries, Biden’s, “, Joe Biden, Sen, Tom Cotton, we’ve, quagmire Organizations: CNN, Israel, Republicans, Trump, Republican National Committee, CBS, Manhattan, Republican National Convention, Fox News, RNC, California, Senate, GOP, Justice Department, Democratic, Robert Menendez of New, Democratic National Committee, Texas Supreme, Court, New York, MAGA Republicans, New York Democrat, Press, Democrats, Republican, NBC, Arkansas Republican Locations: New York, Wilmington , Delaware, South, “ State, America, United States, Robert Menendez of, Robert Menendez of New Jersey, Rehoboth Beach , Delaware, Beverly Hills , California, Nevada

Gail Collins: Bret, since we last conversed Donald Trump was convicted on 34 felony charges. Bret Stephens: Gail, I yield to nobody in my loathing for La Panza Naranja, particularly since he stole my grand old party from me. Gail: Well, I’ve never thought the trial would have much of an impact on the political divide in this country. Trump is what he is, and after all the previous scandals there wasn’t much that could shake people’s opinion. All those guilty verdicts must have discouraged the not-totally-committed Trump folks at least a tad.

Persons: Gail Collins, Bret, Donald Trump, Bret Stephens, Gail, I’ve, Stormy Daniels, Stevie Nicks, Trump Organizations: Trump

☆ Stormy Daniels breaks her media silence and says Melania should leave Donald Trump
▼ + stars: | 2024-06-03 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Read previewMelania Trump should leave Donald Trump, said Stormy Daniels, breaking the media silence she had held since Trump was convicted on Thursday. Advertisement"It's been proven he is abusive, he was found liable for sexual assault and tax fraud and is now a criminal," Daniels told The Mirror. "He reserves — he listens to many of us, but he reserves fear for one person, Melania Trump," Conway said. TRUMP: She's fine, but I think it's very hard for her. So many Americans were moved to donate to President Trump's campaign that the WinRed pages went down," Trump's campaign team said in a post on X.

Persons: —, Trump, Donald Trump, Stormy Daniels, Daniels, Stephanie Clifford, didn't, Mary Jordan's, Melania Trump, Trump's, Kellyanne Conway, Melania, Conway, How's, T8KZXEnvXC — Aaron Rupar, Joe Biden's Organizations: Service, Business, Trump, BI, Washington Post, Capitol, Fox News, Fox, Manhattan, FOX, White House Locations: American

☆ Opinion: Trump is now in a club no one ever wants to be part of — convicted former leaders
▼ + stars: | 2024-06-02 | by ( Opinion Chris Good | ) edition.cnn.com time to read: +12 min

The criminal trial and conviction of (mostly former) national leaders has happened in stable, mature democracies, just as it has in former dictatorships. The track record of convicted leaders shows just how risky it is to try to predict what will happen. In 2017, South Korea impeached and later criminally convicted now-former President Park Geun-hye in a bizarre corruption scandal involving the influence of a friend and confidante. After a scandal emerged involving the state oil company Petrobras, Lula was convicted in 2017 of corruption and money laundering. “Political leaders can choose how they will speak about these institutions.”

Persons: Chris Good, Donald Trump, —, Trump, Stormy Daniels, Cristina Fernández de Kirchner, Sebastian Kurz, ” Kurz, Park, “, Nicole Bibbins Sedaca, Nicolas Sarkozy, Bertrand Guay, Bibbins Sedaca, Jacques Chirac, ” Bibbins Sedaca, Sarkozy, Moammar Gaddhafi illicitly, Silvio Berlusconi, Yara Nardi, Berlusconi “, ”, Berlusconi, Matteo Salvini, Giorgia Meloni, Luiz Inacio Lula da Silva, Nelson Almeida, Luiz Inácio Lula da Silva, Lula, Jair Bolsonaro, Oliver Stuenkel, Fundação Getulio Vargas, ” Stuenkel, Politicization, Stuenkel, didn’t, Lula “, Mark Peterson, Ariel Edwards, Levy, Lula —, Chirac, Trump’s Organizations: CNN, ABC News, Economist Intelligence Unit, Freedom House, Getty, Freedom, Reuters, Forza Italia, Five Star, AFP, Brazil, Petrobras, Bolsonaro, School of International Relations, Fundação, NEW, Manhattan Criminal, Trump, Twitter, Facebook Locations: The, Manhattan, Argentina, Austrian, South Korea, Washington, DC, France, Italy, Brazil, Paris, AFP, Moroccan, Milan, Trump, America, São Paulo

☆ Trump campaign launches TikTok account as Truth Social stock dips
▼ + stars: | 2024-06-02 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

Trump's TikTok rollout came as his own social media company, Trump Media, took a financial tumble in the wake of the historic verdict that convicted the former president on 34 felony counts in his Manhattan hush money trial. Trump launched Truth Social in early 2022 as an alternative, "non-woke" social media platform after he was banned from sites like Twitter and Facebook following the Jan. 6 Capitol riots. Since then, Trump Media has gone public and the former president now holds a 65% stake in the company. Trump is several months later than his Democratic opponent, President Joe Biden, whose reelection campaign launched on TikTok in February. "We will get President Trump's winning message to every voter possible.

Persons: Donald Trump, Stormy Daniels, Donald Trump's, Trump, Joe Biden, outpacing, Karoline Leavitt, Trump's, Biden, CNBC's, TikTok Organizations: Trump, Trump Media, Truth, Twitter, Facebook, Democratic, TikTok, Biden, NBC News Locations: New York City, U.S, Manhattan

☆ Swing-district Republicans in New York decried Trump's conviction. It could cost them politically.
▼ + stars: | 2024-06-01 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewFor GOP lawmakers on Capitol Hill, former President Donald Trump continues to wield immense power over their political futures. AdvertisementFormer President Donald Trump at his criminal hush-money trial in New York. But in a decidedly Democratic state like New York, Biden is likely to gain some ground ahead of the election. AdvertisementAcross the country, suburban voters were already turning away from Trump even before his conviction — as former UN Ambassador Nikki Haley has continued to win significant blocs of GOP voters even after suspending her presidential campaign in March.

Persons: —, Donald Trump, Trump, Stormy Daniels, Marc Molinaro, Anthony D'Esposito, Biden, Steven Hirsch, Mike Lawler, Attorney Alvin Bragg, Letitia James, Kathy Hochul, hyperpartisan, Nick LaLota, Hochul, Robert F, Kennedy Jr, it's, Nikki Haley Organizations: Service, Capitol, Business, Republicans, New York Police Department, Attorney, hyperpartisan New York Democrats, GOP, New York State, Emerson, Trump, Republican, New York House Republicans Locations: New York, New York City, Hudson, Manhattan, D'Esposito's, Democratic, Long, Trump

☆ Recapping the Trump hush money charges, trial, verdict and questions
▼ + stars: | 2024-06-01 | by ( Dan Berman | ) edition.cnn.com time to read: +7 min

The indictment alleged that Trump was a part of an illegal conspiracy to undermine the integrity of the 2016 election. While hush money payments are not illegal in themselves, each charge was tied to a specific allegedly false entry among the financial records of the Trump Organization. Trump has argued that the payments to Michael Cohen, his former fixer who paid Daniels, were correctly labeled as legal expenses. Trump railed against the gag order every day during the trial and again on May 31 when he spoke at Trump Tower the day after the verdict. And the Georgia election interference case is in legal limbo while Trump and several of his co-defendants try to disqualify the Atlanta-area prosecutor who brought the charges.

Persons: Donald Trump, Stormy Daniels, Trump, what’s, Attorney Alvin Bragg, Michael Cohen, Daniels, Cohen, David Pecker, Karen, Pecker, perjurer, Cohen couldn’t, Juan Merchan, Merchan, Trump’s, CNN’s Zachary B, Wolf, Devan Cole, CNN’s Kara Scannell, Lauren del Valle, Jeremy Herb, Zachary B Organizations: CNN, Trump, White, Manhattan, Attorney, Trump Organization, fixer, Prosecutors, National Enquirer, Trump Tower, Division, Department, New, US Locations: New York, Washington ,, Florida, Georgia, Atlanta

☆ Trump Media stock drops 9% after Donald Trump becomes a convicted felon
▼ + stars: | 2024-05-31 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Trump Media and Technology Group stock fell as much as 9% after Donald Trump became a convicted felon. Trump Media stock has been volatile since the conviction, having risen 7% in premarket trading. AdvertisementTrump Media and Technology Group experienced a rollercoaster ride of trading in the aftermath of Donald Trump becoming a convicted felon. Trump Media, which is the parent company of Truth Social, saw its stock decline as much as 9% on Friday. Trump Media Group has largely become a meme-stock with a fervent base of supporters who are politically aligned with the former President.

Persons: Donald Trump, Trump, —, Trump's, Stormy Daniels Organizations: Trump Media, Technology Group, Service, Truth, Trump Media Group

☆ Emily Ratajkowski, Stormy Daniels and the not-so-subtle art of sartorial support
▼ + stars: | 2024-05-31 | by ( Leah Dolan | ) edition.cnn.com time to read: +5 min

On the final day of Donald Trump’s hush money criminal trial — in which a jury found the former president guilty on all 34 counts of falsifying business records — Emily Ratajkowski was spotted wearing a not-so-subtle statement shirt. Ratajkowski wore her $95 Stormy Daniels T-shirt out in New York. Ratajkowski herself is no stranger to the art of sartorial support, wearing a conspicuous Rage Against the Machine T-shirt in 2020 featuring a young Bernie Sanders. Despite a lack of statement, Cate Blanchett's latest Cannes look was interpreted by many as a nod to the Palestinian flag. Similarly, Ratajkowski has spoken at length in her 2021 book “My Body” about her experience enduring several instances of sexual assault.

Persons: Donald Trump’s, Emily Ratajkowski, Stormy Daniels, Daniels, Robert Crumb, Katherine Hammett, Margaret Thatcher, Pershing, Hammett, Thatcher, ” Hammett, Ratajkowski, Bernie Sanders, Queen Elizabeth II —, Cate Blanchett’s Haider Ackermann, Blanchett, Ackermann, Cate Blanchett's, Daniel Cole, Guy Pearce, Netanyahu, ” Pearce, ”, I’ve Organizations: CNN, Trump, British, Guardian, EU, Cannes Film, Fair Locations: New York City, York, British, New York, Gotham, Palestine, Gaza, Cannes, Fair France

☆ Trump blasts hush money conviction as political warfare
▼ + stars: | 2024-05-31 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

Former President Donald Trump angrily denounced his criminal hush money trial in rambling remarks Friday, a day after a New York jury convicted him on 34 felony counts of falsifying business records. Trump called the case "very unfair" as he cycled through many of his previously voiced criticisms of trial judge Juan Merchan, the prosecutors, witnesses, and the charges in Manhattan Supreme Court. "These are bad people," Trump told reporters at Trump Tower, where he launched his first Republican presidential campaign nine years earlier. "It should never be allowed to happen in the future, but this is far beyond me. "This is bigger than Trump, this is bigger than me, this is bigger than my presidency."

Persons: Donald Trump, Stormy Daniels, Trump, Juan Merchan Organizations: Trump, New, Trump Tower, Republican Locations: New York City, U.S, New York, Manhattan

☆ Biden calls Trump response to guilty verdict 'reckless,' 'dangerous' at White House
▼ + stars: | 2024-05-31 | by ( Dan Mangan | ) www.cnbc.com time to read: 1 min

President Joe Biden on Friday called former President Donald Trump's reaction to his conviction in New York on criminal hush money charges "reckless" and "dangerous." "It's irresponsible for anyone to say this was rigged, just because they don't like the verdict," Biden said at the White House, hours after Trump held a press conference at Trump Tower in Manhattan condemning the criminal case. Trump, 77, was convicted Thursday in Manhattan Supreme Court of 34 felony counts related to a scheme to conceal hush money paid to porn star Stormy Daniels before the 2016 presidential election. Biden, who is set to face Trump in the November election, said his Republican opponent's conviction reaffirmed "the American principle that no one is above the law."

Persons: Joe Biden, Donald Trump's, Biden, Trump, Stormy Daniels Organizations: White, Trump, Republican Locations: New York, Manhattan

☆ Watch: Donald Trump press conference day after guilty verdict in hush money case
▼ + stars: | 2024-05-31 | by ( Dan Mangan | ) www.cnbc.com time to read: 1 min

[The stream is slated to start at 11 a.m ET. Please refresh the page if you do not see a player above at that time.] Former President Donald Trump is set to hold a press conference in New York on Friday, a day after a state court jury found him guilty of 34 felony counts related to a 2016 hush money payment to porn star Stormy Daniels by his ex-personal lawyer and fixer Michael Cohen. Trump, who will speak at Trump Tower, is due to be sentenced July 11 in Manhattan Supreme Court, days before the Republican National Convention will formally confirm him as the party's presidential nominee. Trump will face President Joe Biden in November in a rematch of their 2020 election contest.

Persons: Donald Trump, Daniels, Michael Cohen, Trump, Joe Biden Organizations: Trump, Republican National Convention Locations: New York, Manhattan

But in closing arguments, one of Mr. Bragg’s prosecutors said that Mr. Cohen had told his lies for Mr. Trump. After the election, Mr. Pecker testified, Mr. Trump summoned him to Trump Tower. The ShowdownEven that did not prove that Mr. Trump had falsified records to disguise his reimbursement of Mr. Cohen. Mr. Trump washed his hands of Mr. Cohen, who turned on the man he had once idolized. Mr. Blanche also argued that Mr. Cohen had profited from his hatred for Mr. Trump with two books and a lucrative podcast deal.

Persons: Donald J, Trump, Juan M, Merchan, anoints, Alvin L, Bragg, Trump’s, Stormy Daniels, Michael D, Cohen, Eduardo Munoz, Daniels, Mr, Michael Cohen, ”, Joshua Steinglass, Cohen “, ” Mr, glowered, Mike Johnson, Biden, “, Donald Trump, Dave Sanders, Biden’s, Todd Blanche, Blanche, Todd Heisler, David Pecker, Pecker, nonchalantly, Hope Hicks, Hicks, Ms, The New York Times “, Justice Merchan, “ You’re, ” Ms, Allen H, Weisselberg, Susan Hoffinger, Cohen’s, Joe Piscopo, giddily, Hoffinger, Jean Carroll, Bragg’s, Wesley Parnell, Michael Rothfeld Organizations: White, Republican, Convention, Office, Reuters, Mr, Credit, The New York Times, Democratic, New York Times, National Enquirer, Trump, Playboy, Street Journal, New, Hells Angels Locations: American, Manhattan —, Lower Manhattan, —, Florida, Washington, Georgia, New York, Manhattan, Trump’s Midtown Manhattan, Tahoe, Nev, America

☆ Cramer's week ahead: Labor report, plus Gitlab and Crowdstrike earnings
▼ + stars: | 2024-05-31 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Friday told investors what to pay attention to next week on Wall Street, highlighting the nonfarm payroll report and earnings from GitlLab and CrowdStrike . Cramer said he's waiting to see how the company will perform because some in the enterprise software sector see issues with sales. Tuesday brings quarterly results from CrowdStrike, and Cramer said this cybersecurity company has been doing better than many of its peers. Friday brings perhaps the most important event of the week, according to Cramer, the Labor Department's nonfarm payroll report. Cramer said the Federal Reserve won't be inclined to cut rates until the unemployment rate reaches 4%.

Persons: CNBC's Jim Cramer, Cramer, he's, Hewlett Packard, Ferguson, PVH, Calvin Klein, Tommy Hilfiger, Ralph Lauren, Campbell Soup, Jack Daniels, Brown, Forman, Lululemon, JM Smucker, Smucker Organizations: Dell, athleisure, Labor

☆ CNBC Daily Open: Trump guilty in hush money trial
▼ + stars: | 2024-05-31 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

Traders work on the floor of the New York Stock Exchange during afternoon trading on Jan. 22, 2024 in New York City. The Dow Jones and S&P both hit all time highs with the Dow Jones closing over 38,000 points for the first time ever as stocks continue to rise. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Saleforce sinks stocksWall Street closed lower after Salesforce had its worst day in two decades. Salesforce plungesShares of Salesforce slumped more than 20%, their worst trading day in 20 years, after the cloud software company reported weaker-than-expected results.

Persons: Dow Jones, Trump, Donald Trump, Daniels, Salesforce, Dell, Dell's, Foot, Locker's, Mary Dillon Organizations: New York Stock Exchange, CNBC, New, Republican National Convention, Dow Jones, Nasdaq, Nvidia, Microsoft, Treasury, Dell, Citi Locations: New York City, New York, U.S, Milwaukee

☆ Trump rants against key trial witness in off-the-rails post-conviction speech
▼ + stars: | 2024-05-31 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

Trump launched into a free-wheeling speech on Friday, insulting President Joe Biden and spreading conspiracy theories about terrorists crossing the US border. But most notably, Trump ranted against key prosecution witness and his former lawyer Michael Cohen, risking another violation of the judge's orders in his hush-money case. Trump then accused Cohen of throwing him under the bus in a plea deal so Cohen could "get off" himself. "And who would have a certain person — again, gag order — who would have a certain person like this ever testify?" AdvertisementTrump's attacks on Cohen could amount to another violation of his gag order, which Judge Juan Merchan hasn't lifted yet.

Persons: —, Donald Trump's, Joe Biden, Trump, Michael Cohen, Cohen, Attorney Alvin Bragg, Bragg, Juan Merchan hasn't, Merchan, It's, Forbes, Stormy Daniels, Biden Organizations: Service, Trump, Business, Manhattan, Attorney, NBC Locations: York

☆ Trump and Republicans raked in record cash after he became a convicted felon
▼ + stars: | 2024-05-31 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Read previewFormer President Donald Trump raked in record cash after he became a convicted felon, a sign of how his legal troubles resonate with his most loyal followers. Trump's campaign did not define what small donors mean, but it typically refers to Americans who donate $200 or less. It's not a surprise that the day provided a major boost to Trump's fundraising. Last month, Trump and Republicans outraised President Joe Biden and Democrats. Senate Republicans' campaign arm said it had its biggest fundraising day of the cycle, raising $360,000 online.

Persons: —, Donald Trump, Trump's, Stormy Daniels, Joe Biden, Biden, Trump, Donald Trump's, It's, Karl Rove, let's, Rove Organizations: Service, Business, Politico, Trump, Republicans outraised, Biden, Senate Republicans, Republicans, Fox News Locations: Manhattan, Trump

The Florida federal judge overseeing the criminal classified documents case against former President Donald Trump has been the target of more than 1,000 complaints in just one week this month raising allegations of her handling of the case, a top appeals court judge revealed in an order. And "many of the complaints against Judge Cannon also question the correctness of her rulings or her delays in issuing rulings in the case," Pryor wrote. "Although many of the complaints allege an improper motive in delaying the case, the allegations are speculative and unsupported by any evidence," Pryor wrote. "The Complaints also do not establish that Judge Cannon was required to recuse herself from the case because she was appointed by then-President Trump." "Some of those complaints have been acted upon, and others will be acted upon in due course," Pryor wrote, without revealing the nature of those actions.

Persons: Donald Trump, Aileen Cannon, Cannon, William Pryor, Judge Cannon, Pryor, Jack Smith's, Trump, Stormy Daniels Organizations: Trump, 11th Circuit U.S, Public, White Locations: Florida, Florida , Georgia, Alabama, Lago, Palm Beach , Florida, New York, Fort Pierce , Florida

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