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Trump followed his 'playbook' for sexual assault on E. Jean Carroll, lawyer says in closing arguments
Trump followed his 'playbook' for sexual assault on E. Jean Carroll, lawyer says in closing arguments

The writer E. Jean Carroll says former President Donald Trump raped her in a New York department store decades ago. He has said Carroll is "not my type."

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May 08, 2023
Russia launches fresh wave of strikes on Ukrainian cities; Wagner boss ditches threat to leave Bakhmut
Russia launches fresh wave of strikes on Ukrainian cities; Wagner boss ditches threat to leave Bakhmut

The new wave of Russian attacks on Ukraine come just one day ahead of Moscow's planned Victory Day celebrations on Tuesday.

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May 08, 2023
The most important thing Warren Buffett said Saturday, and it isn't good news for the economy
The most important thing Warren Buffett said Saturday, and it isn't good news for the economy

Warren Buffett, whose conglomerate is viewed as a barometer for the health of the U.S. economy, didn't sound so cheery about the near future.

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May 08, 2023
Coinbase CEO says SEC is on 'lone crusade,' dials back on suggestion exchange may relocate
Coinbase CEO says SEC is on 'lone crusade,' dials back on suggestion exchange may relocate

Brian Armstrong, Coinbase's CEO, said the SEC is on "a lone crusade" with Chair Gary Gensler taking a "more anti-crypto view."

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May 08, 2023
Ripple will have spent $200 million fighting SEC lawsuit, CEO says
Ripple will have spent $200 million fighting SEC lawsuit, CEO says

Ripple will have spent $200 million by the time its legal battle with the U.S. Securities and Exchange Commission is over, CEO Brad Garlinghouse said Monday.

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May 08, 2023
Stifel raises S&P 500 target on falling inflation expectations, says buy cyclical stocks
Stifel raises S&P 500 target on falling inflation expectations, says buy cyclical stocks

Strategist Barry Bannister hiked his second- and third quarter S&P 500 target price to 4,400 from 4,200.

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May 08, 2023
Fed will 'definitely' pause hikes, but the cycle is not yet done, Standard Chartered CEO says
Fed will 'definitely' pause hikes, but the cycle is not yet done, Standard Chartered CEO says

The U.S. Federal Reserve looks set to temporarily pause its aggressive interest rate hikes, but it has not yet finished the job, Standard Chartered said Monday.

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May 08, 2023
Outlook for household spending slumped in April, New York Fed survey shows
Outlook for household spending slumped in April, New York Fed survey shows

The central bank Survey of Consumer Expectations for April showed that the outlook for spending fell by half a percentage point to an annual rate of 5.2%.

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May 08, 2023
Bitcoin slides after network congestion leads Binance to briefly halt withdrawals
Bitcoin slides after network congestion leads Binance to briefly halt withdrawals

A recent surge of interest in NFTs on Bitcoin has led to congestion on the network and a pause of user withdrawals by Binance, the biggest crypto exchange.

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May 08, 2023
If Supreme Court affirms Biden student loan forgiveness plan, some college 'stopouts' may reenroll
If Supreme Court affirms Biden student loan forgiveness plan, some college 'stopouts' may reenroll

The Supreme Court's decision on student loan forgiveness could bring back students who started college but never finished, a new report says.

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May 08, 2023
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