Trump mocks court staff in civil fraud trial gag order
In New York Judge Arthur Engoron imposed a limited gag order after Donald Trump disparaged staffer Allison Greenfield on Truth Social. Trump deleted the post as the judge warned of sanctions. The day featured ongoing testimony from accountant Donald Bender on Trump Organization financial statements and document production.
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Senate
Chuck Schumer
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Letitia James
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Donald Bender
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Trump Tower
Jury selection opens in Sam Bankman-Fried fraud trial
Jury selection began in New York as prosecutors outline the case against Sam Bankman-Fried founder of FTX. They say he defrauded customers and institutions by diverting billions, using funds for real estate politics and Alameda trades. No plea talks occurred. Jurors questioned on fair judgment as opening statements loom.
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Federal judge dismisses false ads against Wendy's and McDonald's
A New York federal judge ruled that claims accusing McDonald’s and Wendy’s of misleading advertising with oversized burgers are puffery and not misleading to a reasonable consumer. The ruling dismisses the suit brought by Justin Chimienti, noted as part of a wave of fast food false advertising suits led by attorney James Kelly.
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Wall Street Falls as Bond Yields Rise on Job Market Data
Wall Street dropped on Tuesday led by Big Tech, with the S&P 500 down 1.4 percent and the Dow off about 430 points as rising 10-year Treasury yields to 4.79 percent pressured equities. The Nasdaq slid nearly 2 percent amid higher borrowing costs and expectations the Fed will keep rates elevated to curb inflation.
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