Former President Donald Trump has been unable to obtain an appeal bond to secure a $454 million civil judgment against him in a New York business fraud case, his attorneys said in a court filing Monday. Lawyers for Trump and his co-defendants said it has been “impossible” for them to secure a complete appeal bond,...
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Senate should move swiftly on TikTok bill
TikTok creators gather before a press conference to voice their opposition to the “Protecting Americans from Foreign Adversary Controlled Applications Act,” pending crackdown legislation on TikTok in the House of Representatives, on Capitol Hill in Washington, U.S., March 12, 2024. Craig Hudson | Reuters White House national security adviser John Kirby said Sunday that the...
Bitcoin may lose its reputation as a volatile asset. Here’s why
Bitcoin may start to lose its reputation as a volatile asset. According to Bitwise Asset Management’s Matt Hougan, the cryptocurrency’s wild price swings have come down substantially over the past decade. “What’s driving the bitcoin market right now is a simple demand-supply imbalance,” the firm’s chief investment officer told CNBC’s “ETF Edge” on Monday. “We...
Biden’s billionaire tax hits the super-rich. Can a wealth tax work?
Calls for a wealth tax on the world’s super-rich are once again gaining attention after U.S. President Joe Biden said he would impose a new “billionaire tax” on the country’s wealthiest if reelected in November. Outlining his 2025 budget proposals on Monday, Biden took aim at the uber-affluent and reiterated plans for a 25% tax...
Abu Dhabi-backed newspaper buyout sparking panic
Copies of The Daily Telegraph newspaper on a newsstand in a shop in London, UK, on March 12, 2024 (L), and UAE Vice President Sheikh Mansour bin Zayed al-Nahyan speaking at COP28 on Dec. 1, 2023. Getty Images DUBAI, United Arab Emirates — Mansions, university facilities, think tanks, sports teams — the U.K. is no stranger...
Judge dismisses three counts against Trump in Georgia election case
Judge Scott McAfee presides over a hearing regarding media access in the case against former U.S. President Donald Trump and 18 co-defendants, at the Fulton County Courthouse in Atlanta, Georgia, on Aug. 31, 2023. Arvin Temkar | AFP | Getty Images A judge on Wednesday dismissed six counts in the Georgia criminal election interference case...
Milei accused of hypocrisy in a scandal over a 48% pay rise
Argentina’s President Javier Milei gestures while delivering his first policy speech to parliament during the inauguration of the 142nd ordinary session of Congress in Buenos Aires on March 1, 2024. Juan Mabromata | Afp | Getty Images Argentina’s Javier Milei has been accused of hypocrisy for orchestrating a substantial increase in presidential pay while pushing...
Trump says TikTok ban would empower Meta, slams Facebook
Presumptive Republican presidential nominee Donald Trump on Monday raised concerns about efforts to ban Chinese-owned social media app TikTok in the U.S., saying it would only serve to empower Meta‘s Facebook platform. “Without TikTok, you can make Facebook bigger, and I consider Facebook to be an enemy of the people,” Trump, who was formerly U.S....
How parents can help their kids be more successful than most: experts
Parents regularly worry about how their children will navigate the world as adults. Will they grow up to be happy and well-adjusted? Will they get a good job and live comfortably? Every child is different, and everyone develops at their own pace. But some strategies are proven to be more effective than others, when it...
Sam Altman rejoins OpenAI board, company adds three new members
OpenAI on Friday announced its new board and the wrap-up of an internal investigation by U.S. law firm WilmerHale into the events leading up to OpenAI CEO Sam Altman’s ouster. Sam Altman will also rejoin OpenAI’s board. The new board members are: Dr. Sue Desmond-Hellmann, former CEO of the Bill and Melinda Gates Foundation, who...