Clinton campaign lawyer acquitted in FBI Lie Case
Michael Sussmann, a lawyer for Hillary Clinton's 2016 campaign, was acquitted of lying to the FBI about representing a client when presenting Alfa Bank data linked to Russia and Donald Trump. The verdict marks a setback for special counsel John Durham's investigation into government misconduct during the Trump era.
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Washington
Hillary Clinton
FBI
Donald Trump
Russia
Michael Sussmann
John Durham
Trump
Durham
Sussmann
Clinton
Alfa Bank
Trump Organization
Bureau
James Baker
Baker
Ing
Robert Mueller
Mueller
William Barr
Justice Department
Connecticut U.S
Trump-Russia
Kevin Clinesmith
Igor Danchenko
Supreme Court pauses Pennsylvania mail ballot counting in Oz McCormick race
The Supreme Court blocked counting certain mail in ballots lacking dates in Pennsylvania, potentially affecting the Oz McCormick Republican Senate primary. An administrative stay freezes lower court actions and another federal suit seeking to force counties to count those ballots.
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Washington
Supreme Court
Pennsylvania
Senate
David McCormick
Mehmet Oz
Samuel Alito
U.S. Circuit Court of Appeals
Philadelphia
McCormick
Alito
High Court
Stocks Hover Near Fed Pause Amid Global Economic Shifts
Turbulent trading as markets weigh a possible recession, inflation fronts, and rising rates. The S&P 500 steadying after a strong week, China eases lockdowns boosting Shanghai and Beijing as U.S. yields rise on consumer confidence and hot home prices. The Fed begins balance sheet runoff, pressuring long-term Treasuries to combat inflation.
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China
Shanghai
Beijing
Hong Kong
Wall Street
U.S. Treasury
U.S
Treasury
Fed
Inflation and Fed actions amid Biden era economic pressures
Biden faces global price shocks from Russia's invasion of Ukraine and China lockdowns while Powell raises rates to curb inflation. Markets tumbled but rallied. analysts warn rate hikes risk recession as Biden suggests moderating job growth to 150,000 per month and a smoother recovery with steady unemployment.
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Fed
Biden
Vladimir Putin
Ukraine
China
Powell
Eurozone inflation surges as energy costs spike
Eurostat data show inflation near 20 percent in Estonia and double digits in Lithuania Latvia and Poland amid higher fuel and food prices. EU growth forecast cut as war strains energy supplies and ECB hints at rising rates by late Q3.
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OPEC
Russia
Estonia
Lithuania
Latvia
Eurostat
Ukraine
Poland
State Statistical Office
European Union
European Central Bank
Christine Lagarde
U.S. consumer confidence dips as inflation weighs
The Conference Board reports May consumer confidence with the index at 106.4, down from 108.6 in April. Present situation falls to 149.6 from 152.9, and the expectations index slips to 77.5 from 79, amid ongoing inflation and rate hikes.
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Silver Spring
U.S
Conference Board
Business Research Group
Federal Reserve
Labor Department
Lynn Franco
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