Over the last 12 to 18 months, investors have favored high-quality large-cap stocks that have seen earnings revisions, which in turn generated alpha for these stocks
Former President Donald Trump is scheduled to be interviewed by New York probation officials Monday, a required step before his July sentencing in his criminal hush money case, according to three people familiar with the plan. Trump will do the interview via a computer video conference from his residence at the Mar-a-Lago club in Palm Beach, Florida, the people told The Associated Press. They spoke on condition of anonymity because they weren't authorised to disclose the plans publicly. One of Trump's lawyers, Todd Blanche, will be present for the interview. People convicted of crimes in New York usually meet with probation officials without their lawyers, but the judge in Trump's case, Juan Merchan, said in a letter Friday that he would allow Blanche's presence. The usual purpose of a pre-sentencing probation interview is to prepare a report that will tell the judge more about the defendant, and potentially help determine the proper punishment for the crime. Such reports are ...
US President Joe Biden was due to meet with Ukrainian President Volodymyr Zelenskyy in Paris on Friday as Kyiv's army endures its hardest days of fighting since the early weeks of the war with Russia and prepares for what officials say could be a tough summer ahead. The United States is by far Kyiv's biggest supplier of wartime support, and Ukraine is trying to fend off an intense Russian offensive in eastern areas of the country. The push is focused on the Ukrainian border regions of Kharkiv and Donetsk but Ukrainian officials say it could spread wider as Russia's bigger army seeks to make its advantage tell. The offensive is seeking to exploit Kyiv's shortages of ammunition and troops along the roughly 1,000-kilometre (620-mile) front line. That shortfall in weaponry came after US military aid was held up in Congress for six months before Biden in April signed into law a USD 61 billion military aid package for Ukraine. Amid Russia's most recent onslaught and with Ukraine's army .
Some of the wealthy donors said Trump should select former primary rival Nikki Haley as his No. 2
Federal prosecutors in Hunter Biden's gun trial have spent hours showing jurors evidence of his drug problem, seeking to reveal through his own words and writing the depth of his addiction in order to show it was still going on when he bought a firearm and, they say, lied on a form to purchase it. Testimony was expected to continue Wednesday. Hunter Biden's ex-wife Kathleen Buhle is expected to be among the witnesses; she was married to President Joe Biden's son for roughly 20 years. They have three children, divorcing in 2016 after his infidelity and drug abuse became too much to overcome, according to her memoir entitled, If We Break" about the dissolution of their marriage. She's one of several Biden family and friends expected to testify in a trial that has quickly become a highly personal and detailed tour of Hunter Biden's mistakes and drug usage as the 2024 presidential election looms and allies worry about the toll it will take on the president, who is deeply concerned about
Biden said he has made clear to Chinese President Xi Jinping that the United States will not seek independence for Taiwan as Washington had agreed with Beijing
President Joe Biden is looking past resistance from key Israeli officials as he presses Israel and Hamas to agree to a three-phase agreement that could immediately bring home dozens of Israeli hostages, free Palestinian prisoners and perhaps even lead to an endgame in the nearly eight-month-old Gaza war. Biden's big swing -- during a tough re-election battle -- could also demonstrate to a significant slice of his political base demoralised by his handling of the conflict that he's doing his part to end the war that has killed more than 36,000 Palestinians and left hundreds of thousands struggling to meet basic needs. White House officials on Monday said Biden's decision to make public what it describes as an Israeli proposal -- just one day after it was delivered to Hamas -- was driven by a desire to put Hamas on the spot. The move diverged from the US administration's position throughout the conflict to allow the Israelis to speak for themselves about hostage negotiations. "The ...
Jury selection is to begin Monday in the federal gun case against President Joe Biden's son after a deal with prosecutors fell apart that would have avoided the spectacle of a trial so close to the 2024 election. Hunter Biden, who spent the weekend with his father, has been charged with three felonies stemming from a 2018 firearm purchase when he was, according to his memoir, in the throes of a crack addiction. He has been accused of lying to a federally licensed gun dealer, making a false claim on the application used to screen firearms applicants when he said he was not a drug user, and illegally having the gun for 11 days. He has pleaded not guilty and has argued he's being unfairly targeted by the Justice Department, after Republicans decried the now-defunct deal as special treatment. The trial comes just four days after Donald Trump was convicted of 34 felonies in New York City after a jury found him guilty of a scheme to cover up a hush money payment to a porn actor to fend o
Trump angrily denounced the trial as a "disgrace", telling reporters he's an "innocent man"
Hunter Biden is scheduled to stand trial on federal tax charges in September after a judge on Wednesday granted his request to delay the California trial that had been approaching next month. U.S. District Judge Mark C. Scarsi agreed during a hearing to push the case to September 5 after defense lawyers said they need more time to prepare with Hunter Biden also facing a separate trial on federal gun charges beginning June 3 in Delaware. He has pleaded not guilty to both indictments, which his lawyers have claimed are politically motivated. Both cases are being overseen by judges nominated by then-President Donald Trump, a Republican who is running to unseat the Democratic president in November. The trials will add to an already acrimonious presidential election as Trump's allies again seize on embarrassing details from the younger Biden's troubled life to attack his father, even as Trump faces his own legal problems. Trump is charged in four criminal cases, including a hush money ..
President Joe Biden and his Republican rival, Donald Trump, piled up more delegates on Tuesday as both presumptive nominees won primaries in Kentucky and Oregon. The symbolic decisions provide a few more delegates to the national conventions and a gut check on where the Democratic and Republican bases stand toward their standard-bearers as the presidential nominating season nears its end. Even after they secured the nominations and their rivals dropped out, Biden and Trump have continued facing dissent from within their own parties. Biden has faced protest votes over his handling of the Israel-Hamas war while Trump is still seeing thousands of people voting for long-vanquished rival Nikki Haley. That trend continued on Tuesday in Kentucky with about 18 per cent of the Democratic vote going to uncommitted with roughly 80 per cent of the vote counted. In the GOP race, Haley was winning about 6 per cent. After Tuesday, eight presidential nominating contests will remain: Democrats in
Trump further claimed that the very same people who are funding the violent campus uprisings are also funding Joe Biden's campaign
Sandwiched between his appearances in court, Donald Trump headed on Saturday to the Jersey Shore, where he repeatedly blamed President Joe Biden for the criminal charges he's facing as the presumptive nominees prepare to face off in the November election and called his New York hush money case a Biden show trial. Blasting the Democratic president a total moron, Trump before a crowd of tens of thousands repeatedly characterized the cases against him as politically motivated and timed to harm his ability to campaign. He's a fool. He's not a smart man, Trump said of Biden. I talk about him differently now because now the gloves are off. Trump, the presumptive Republican presidential nominee, drew what his team called a mega crowd to a Saturday evening rally in the southern New Jersey resort town of Wildwood, 150 miles (241 kilometers) south of the New York City courthouse where he has been forced to spend most weekdays sitting silently through his felony hush money trial. Lisa Fagan,
A UN spokesperson has declined to comment on US President Joe Biden calling India, China, Russia and Japan xenophobic, but stressed that all member states should continue to uphold the basic standards in the UN human rights covenants. I wouldn't comment on what he said, but certainly... Farhan Haq, Deputy Spokesperson for Secretary-General Antonio Guterres, said Friday when asked about Biden calling China, Japan, Russia and India as xenophobic. When pressed further on the issue and what the definition the UN has for Xenophobia, Haq said This is simply the dictionary definition of Xenophobia, which you can be free to look up. But certainly, we believe that all of our Member States should continue to uphold all of the basic standards in the UN Human Rights covenants, including those that involve treating all races, all nationalities with respect. And we believe that all of the Member States of the UN work towards that end. Biden called two of his QUAD partners India and Japan and tw
The United States is a country of immigrants, the White House has said, defending President Joe Biden's remarks calling two of his QUAD partners -- India and Japan -- as well as Russia and China "xenophobic" nations, asserting that none of these countries, unlike the US, welcome immigrants. Responding to a question about the remarks made by Biden at an election fundraiser on Wednesday, White House Press Secretary Karine Jean-Pierre said that the president was making a "broader point". He was making a broader point. Our allies and partners know very well that how much this president respects them," Jean-Pierre told reporters at her daily news conference on Thursday. "As you know, in regard to Japan, they were just here for the state visit. The US-Japan relationship is an important relationship. It's a deep, enduring alliance, she said. "He (Biden) was making a more broad comment, speaking about this country and speaking about how important it is to be a country of immigrants and ho
Given the magnitude of these intersecting crises and the fact they are happening during a fraught election campaign, it's not surprising Biden's foreign policy is subject to intense scrutiny
Jury selection in the hush money trial of Donald Trump enters a pivotal and potentially final stretch Thursday as lawyers look to round out the panel of New Yorkers that will decide the first-ever criminal case against a former president. Seven jurors have been picked so far, including an oncology nurse, a software engineer, an information technology professional, a sales professional, an English teacher and two lawyers. Eleven more people must still be sworn in, with the judge saying he anticipated opening statements in the landmark case to be given as early as next week. The seating of the Manhattan jury - whenever it comes - will be a seminal moment in the case, setting the stage for a trial that will place the former president's legal jeopardy at the heart of the campaign against Democrat Joe Biden and feature potentially unflattering testimony about Trump's private life in the years before he became president. The process of picking a jury is a critical phase of any criminal ..
Donald Trump returned to a New York courtroom Tuesday as a judge works to find a panel of jurors who will decide whether the former president is guilty of criminal charges alleging he falsified business records to cover up a sex scandal during the 2016 campaign. The first day of Trump's history-making hush money trial in Manhattan ended Monday with no one yet chosen to be on the panel of 12 jurors and six alternates. Dozens of people were dismissed after saying they didn't believe they could be fair, though dozens of other prospective jurors have yet to be questioned. Trump arrived at the courthouse just before 9 a.m. Tuesday, giving a quick wave to reporters as he headed inside. It's the first of Trump's four criminal cases to go to trial and may be the only one that could reach a verdict before voters decide in November whether the presumptive Republican presidential nominee should return to the White House. It puts Trump's legal problems at the centre of the closely contested r
Donald Trump arrived Monday at a New York court for the start of jury selection in his hush money trial, marking a singular moment in US history. It's the first criminal trial of any former US commander-in-chief and the first of Trump's four indictments to go to trial. Because he is also the presumptive nominee for this year's Republican ticket, the trial will produce the head-spinning split-screen of a presidential candidate spending his days in court and, he has said, campaigning during the night. There could be some legal arguments and housekeeping before jury selection begins. When it does, scores of people are due to be called into the courtroom to start the process of finding 12 jurors, plus six alternates.
The New York trial starting Monday over the alleged falsification of business records to conceal a sex scandal during Trump's 2016 campaign is one of four criminal cases against the former president