Money

Trump Media launching Truth Social streaming service, where it says creators “won’t be cancelled”
Money

Trump Media launching Truth Social streaming service, where it says creators “won’t be cancelled”

Trump Media & Technology Group on Tuesday announced plans to start a streaming TV platform to air news, film and other content the company claims other media outlets refuse to show.The announcement comes three weeks after Trump Media began trading on the Nasdaq stock market, briefly valuing the company at $10.8 billion. After reaching peaking at $79.38 per share on March 26, the stock — which trades under the ticker DJT, the initials of former President Donald Trump — has plunged by almost 70%.The slide continued on Tuesday, with Trump Media shares slipping $3.29, or 12.4%, to $23.32 in early afternoon trading. Its market value now stands at about $3.1 billion. Trump Media's primary asset is Truth Social, the social media service that Trump created ...
The jurors who will decide Trump’s fate in the New York hush money trial
Money

The jurors who will decide Trump’s fate in the New York hush money trial

This juror said that, as a “woman of color,” she has friends with strong opinions about Trump but that she tries to avoid politics herself and is not very interested in the news. While most of the jurors in the box indicated they were aware Trump faced other criminal cases, this woman signaled she did not.She did say she likes Trump’s candid style.“President Trump speaks his mind,” she said. “I’d rather have that than someone in office that we don’t know what he’s doing behind the scenes.”This juror has lived in Harlem for her entire life and works in education. She gets her information from Google and TikTok, and she listens to “The Breakfast Club,” a radio show in New York City.The juror’s mother and godfather have worked in law enforcement. Both are retirees from the New York Police De...
FDA announces recall of heart pumps linked to deaths and injuries
Money

FDA announces recall of heart pumps linked to deaths and injuries

A pair of heart devices linked to hundreds of injuries and at least 14 deaths has received the FDA's most serious recall, the agency announced Monday.The recall comes years after surgeons say they first noticed problems with the HeartMate II and HeartMate 3, manufactured by Thoratec Corp., a subsidiary of Abbott Laboratories. The devices are not currently being removed from the market. In an emailed response, Abbott said it had communicated the risk to customers this year.The delayed action raises questions for some safety advocates about how and when issues with approved medical devices should be reported. The heart devices in question have been associated with thousands of reports of patients' injuries and deaths, as described in a KFF Health News investigation late last year. ...
Governors decry United Auto Workers push to unionize car factories in six southern states
Money

Governors decry United Auto Workers push to unionize car factories in six southern states

Six Republican governors are condemning efforts by the United Auto Workers to organize car factories in their states, a flash point as the labor group tries to build on its success last year winning concessions from the Big Three automakers by making inroads in the historically union-averse South. "We have a responsibility to our constituents to speak up when we see special interests looking to come into our state and threaten our jobs and the values we live by," the governors of Alabama, Georgia, Mississippi, South Carolina, Tennessee and Texas said Tuesday in a joint statement. The governors spoke out against the UAW a day before 4,300 Volkswagen workers in Chattanooga, Tenn., are set to start voting on whether to join the union. The factory is Volkswagen's North American electric-vehic...
Where the Presidential Candidates Stand on Retirement | Retirement
Money

Where the Presidential Candidates Stand on Retirement | Retirement

Key Takeaways: The Social Security retirement trust fund and Medicare Hospital Insurance trust fund will both be depleted within the next decade if no action is taken. Joe Biden proposed increasing taxes on high earners to shore up the two trust funds. Donald Trump said he supports the programs but has provided no details about how he plans to address the trust fund shortfalls. Independent and third-party candidates have various approaches to retirement topics, but none are expected to win the presidency and implement their policies. This November, voters will head to the polls to decide who should be president for the next four years. And while debates rage over topics such as border security, immigration and abortion, people shouldn’t overlook the importance of retirement issues.The...
Judge Warns Trump’s Lawyers After Former President Audibly Reacts During Questioning Of Potential Juror Over Her Facebook Posts — Update
Money

Judge Warns Trump’s Lawyers After Former President Audibly Reacts During Questioning Of Potential Juror Over Her Facebook Posts — Update

Photo by Michael M. Santiago/Getty Images UPDATE: The first six jurors have been sworn in in Donald Trump‘s hush money trial, after extensive questioning that included queries about past social media posts. Twelve jurors and as many as six alternates have to be seated before testimony begins. Judge Juan Merchan also the jury that they could pans for opening statements on Monday. PREVIOUSLY: Donald Trump’s lawyers have been reviewing potential jurors’ social media posts, calling out those whose pledges to be impartial may conflict with their affinities on Facebook and other platforms. But Judge Juan Merchan scolded the former president’s legal team for Trump’s audible reaction as one potential juror was being questioned over her past Facebook...
UnitedHealth says Change Healthcare cyberattack cost it $872 million
Money

UnitedHealth says Change Healthcare cyberattack cost it $872 million

A cyberattack earlier this year against a UnitedHealth Group subsidiary has proved costly for one of the nation's largest employers. The health insurance giant on Tuesday noted $872 million in "unfavorable cyberattack effects" in its report of first quarter operations earnings. Those unfavorable effects refer to the February 21 cyberattack on Change Healthcare, which shut down operations at hospitals and pharmacies for more than a week. The $872 million includes "the Change Healthcare business disruption impacts and exclude the cyberattack direct response costs," which likely excludes any amount UnitedHealth may have paid to hackers in ransom. UnitedHealth confirmed on the day of the breach that the cybercriminals behind the attack was a Russia-based ransomware gang known as ALPHV or Blac...
Robinhood Introduces its First Credit Card | Credit Cards
Money

Robinhood Introduces its First Credit Card | Credit Cards

Key Takeaways Robinhood Gold Card earns 3% cash back on every purchase, with no caps or bonus categories to remember. A Robinhood Gold subscription is required to be eligible for the card, which costs $5 per month (or $50 per year).  The card features travel perks, purchase protections, virtual card numbers and more. With free accounts and trades starting at just $1, Robinhood has become a popular platform for beginning investors. Expanding on this popularity, the Robinhood Gold Card launched in March 2024. This credit card earns unlimited 3% cash back on every purchase, and includes complimentary perks like travel and purchase protections. However, you must hold a Robinhood Gold account in order to apply. Learn more about the Robinhood Gold Card, including how to earn and redeem rewar...
Donald Trump Says He Will Testify in Hush-Money Trial
Money

Donald Trump Says He Will Testify in Hush-Money Trial

Follow our live coverage of Trump’s hush money criminal trial in Manhattan.Donald J. Trump, having failed to fend off a criminal trial in Manhattan that begins on Monday, said that he planned to testify in the case stemming from a hush-money payment to a porn star.Taking questions Friday from reporters at his Mar-a-Lago estate in Palm Beach, Fla., Mr. Trump, when asked whether he would take the stand, responded that he would.“I’m testifying. I tell the truth,” he said, standing just off a sunny patio of the private club with Speaker Mike Johnson behind him. “I mean, all I can do is tell the truth. And the truth is that there’s no case. They have no case.”A spokeswoman for the Manhattan district attorney’s office, which has charged Mr. Trump with 34 felonies, declined to comment on his rem...