Jury in Trump Organization’s criminal tax fraud trial to begin deliberations

Jury in Trump Organization’s criminal tax fraud trial to begin deliberations

NEW YORK, Dec 5 (Reuters) – Jurors in the Trump Organization’s tax fraud trial are set to start deliberating on Monday, following four weeks of testimony and arguments about executive pay practices at Donald Trump’s real estate company that prosecutors say amounted to a years-long criminal scheme. The former U.S. president’s company was charged in … Read more

Bankman-Fried says he will testify before U.S. House committee

Bankman-Fried says he will testify before U.S. House committee

Dec 4 (Reuters) – FTX founder Sam Bankman-Fried tweeted on Sunday that he would testify before the House Financial Services Committee after he finished “learning and reviewing” the events that led to the spectacular collapse of his cryptocurrency exchange. The U.S. House Financial Services Committee plans to hold a hearing in December to investigate the … Read more

Judge blocks Indiana abortion ban on religious freedom grounds

Judge blocks Indiana abortion ban on religious freedom grounds

Dec 2 (Reuters) – A second Indiana judge on Friday blocked the state from enforcing its law banning most abortions after Jewish, Muslim and other non-Christian women challenged it in a lawsuit. Marion County Superior Court Judge Heather Welch issued a preliminary injunction against the Republican-backed law, which prohibits abortions with limited exceptions for rape, … Read more

U.S. labor market shrugs off recession fears; keeps Fed on tightening path

U.S. labor market shrugs off recession fears; keeps Fed on tightening path

Nonfarm payrolls increase 263,000 in November Unemployment rate steady at 3.7%; participation rate falls Average hourly earnings rise 0.6%; up 5.1% year-on-year WASHINGTON, Dec 2 (Reuters) – U.S. employers hired more workers than expected in November and increased wages, shrugging off mounting worries of a recession, but that will probably not stop the Federal Reserve … Read more

U.S. appeals court rules against Trump in documents fight, ends arbiter

U.S. appeals court rules against Trump in documents fight, ends arbiter

WASHINGTON, Dec 1 (Reuters) – A U.S. appeals court on Thursday dealt a blow to Donald Trump, reversing a judge’s appointment of an independent arbiter to vet documents seized by the FBI from his Florida home and allowing all of the records to be used in a criminal investigation of the former president. A three-judge … Read more

Florida pulls $2 bln from BlackRock in largest anti-ESG divestment

Florida pulls  bln from BlackRock in largest anti-ESG divestment

Dec 1 (Reuters) – Florida’s chief financial officer said on Thursday his department would pull $2 billion worth of its assets managed by BlackRock Inc (BLK.N), the biggest such divestment by a state opposed to the asset manager’s environmental, social and corporate governance (ESG) policies. The move will hardly dent BlackRock’s $8 trillion in assets … Read more

U.S. appeals court rejects Biden’s bid to revive student debt plan

U.S. appeals court rejects Biden’s bid to revive student debt plan

Nov 30 (Reuters) – A federal appeals court on Wednesday declined to put on hold a Texas judge’s ruling that said President Joe Biden’s plan to cancel hundreds of billions of dollars in student loan debt was unlawful. The New Orleans-based 5th U.S. Circuit Court of Appeals rejected the Biden administration’s request to pause a … Read more

U.S. House Democrats elect Hakeem Jeffries as first Black party leader

U.S. House Democrats elect Hakeem Jeffries as first Black party leader

WASHINGTON, Nov 30 (Reuters) – Hakeem Jeffries was unanimously elected on Wednesday to become the Democratic Party’s top leader in the U.S. House of Representatives beginning in January, making him the first Black American to hold such a high-ranking position in Congress. The vote by Jeffries’ fellow Democrats also marked the rise of a younger … Read more

U.S. to boost spending on tribal lands, protect Nevada sacred site

U.S. to boost spending on tribal lands, protect Nevada sacred site

WASHINGTON, Nov 30 (Reuters) – The Biden administration will give Native American tribes more say in managing federal and tribal lands as part of a plan that includes assistance for tribes whose land has been harmed by climate change, the White House said on Wednesday. President Joe Biden and other Cabinet officials announced the measures … Read more

U.S. Senate passes same-sex marriage protection bill

U.S. Senate passes same-sex marriage protection bill

WASHINGTON, Nov 29 (Reuters) – The U.S. Senate passed a bill on Tuesday that would protect federal recognition of same-sex marriage, a measure taken up in response to worries the Supreme Court could overturn a 2015 decision that legalized it nationwide. The narrowly tailored bill, which would require the federal government to recognize a marriage … Read more