In an extraordinary case of securities fraud, an ex-convict from North Carolina, James Patten, pleaded guilty to conspiring to manipulate the stock of Hometown International. This company, despite owning just one small money-losing deli in southern New Jersey, had a market capitalization that once reached $100 million. Patten also admitted to conspiring with two other
Politics
In a recent development, documents have been made public that shed new light on the federal raid conducted on Rudy Giuliani’s home and office in 2021. It has been revealed that the investigation was prompted by suspicions that Giuliani had sought the removal of the U.S. ambassador to Ukraine in exchange for a potential financial
The latest data from a CNBC All-America Economic Survey suggests that Republican front-runner Donald Trump is making inroads with Latino voters, gaining significant ground against President Joe Biden. In a hypothetical head-to-head matchup, Trump now holds a 5-point lead with Latino voters, a notable change from three months ago when Biden had a 7-point lead.
Former New York City mayor Rudy Giuliani finds himself in legal trouble once again. Two former Georgia election workers, Ruby Freeman and Wandrea Moss, have filed a federal lawsuit seeking an injunction against Giuliani. The lawsuit aims to prevent him from making any further false and defamatory statements against the women, including allegations of election
The echoes of Nazi sentiments in the rhetoric of former President Donald Trump have once again sent shockwaves through the political landscape of the United States. In a series of repeated statements, Trump has claimed that immigrants are “poisoning the blood” of the nation. These remarks drew sharp criticism from the Biden-Harris 2024 campaign, with
President Joe Biden celebrated the recent stock market record highs in a campaign video, taking a jab at his predecessor, Donald Trump. This move effectively countered Trump’s prediction of a market collapse if Biden were to be elected. In the video, Biden sarcastically wrote, “Good one, Donald,” on social media platform X. By replaying Trump’s
In a stunning turn of events, a federal jury has ruled in favor of two Georgia election workers, ordering Rudy Giuliani to pay a staggering $148 million. This landmark decision comes as a result of Giuliani’s false claims of ballot fraud during the 2020 presidential election. The damages awarded include $75 million in punitive damages,
European heads of state are gathering for a crucial two-day summit with Ukraine at the top of the agenda. However, despite the urgency of the situation, internal divisions threaten to hinder any significant action towards Kyiv. President Volodymyr Zelenskyy’s worldwide efforts to seek aid in the fight against Russia’s invasion have highlighted the need for
In a recent development, a federal judge has decided to pause Donald Trump’s election interference case while the former president appeals her refusal to dismiss the criminal charges he is facing on the grounds of presidential immunity. This ruling has the potential to delay the start of Trump’s trial, which is currently scheduled to begin
The world of politics is always filled with surprises, and the latest one comes from veteran investor Mike Novogratz. Known for his longstanding support of Joe Biden, Novogratz has made a remarkable switch in allegiance. He is now actively fundraising for Rep. Dean Phillips, D-Minn., who happens to be Joe Biden’s long shot primary opponent.