[ad_1]
10:39
On Wall Street, as investors welcomed today’s employment report, the stock market hit a record high.
This Standard & Poor’s 500 IndexCovering a wide range of the US market, it rose 13 points or 0.3% to 4,333 points in early trading.
Technology-centric Nasdaq It also hit a new high and is currently up 54 points or 0.35% to 14,576 points.
This Dow Slightly higher to 34,661.58, led by technology stocks: Intel, apple with Microsoft Both rose about 1.2%, while aerospace manufacturers Boeing And Pharmaceutical Group Walgreens boots Alliancelectronic Both fell by about 1.8%.
09:47
The latest employment report shows that the U.S. economy added 850,000 jobs last month
This U.S. economy 850,000 jobs were added in June because American companies continued to hire employees as demand picked up.
This exceeded the 700,000 growth expected by Wall Street.
The number of non-agricultural employment in May has also been revised upwards, showing 583,000 new employees (above 559,000).
But the unemployment rate has risen from 5.8% to 5.9%, indicating that more people are looking for work.
The Guardian’s business live blog has more details and analysis on the report, so stay tuned:
09:19
On the surface, the allegations Alan Weisselberg It does look like a “little fish”.in Accepted an interview with Politico, Donald trump card‘S lawyer Ronald Fischetti Said: “It’s like Shakespeare’s play “Nothing Makes Nothing”. This is too small, I can’t believe I will have to try such a case.
But the surface can be deceptive.
After three years of subpoenas, Supreme Court hearings, and an existential legal dispute over the legality of allegations of wrongdoing by the US President, the terrible prosecution team in New York accused a little-known 73-year-old accountant of defrauding taxpayers with $1.7 million for more than 15 years.This is a lot of money for most people, but it won’t worry Trump Forbes calculations Valued at US$2.4 billion.
However, it would be a mistake to downplay the importance of this week’s indictment.Together with Wesselberg, the Manhattan District Attorney Cyrus VanceAnd the New York State Attorney General Leticia James It also accused the Trump Organization of tax fraud, which is the beginning of a process that can completely crack the secret Trump empire.
The volleys in this long-simmering legal battle will at least leave Trump in legal trouble for many years, and the worst case may destroy his family business, not only to Weisselberg, but also to the people who run his business. Members of the Trump family and Trump himself are at the dock.
09:19
After tax crime charges, the Trump Organization may face more legal issues
Greetings from Washington, live blog readers.
Manhattan prosecutors filed tax crime charges against the Trump Organization and its chief financial officer, Alan Weisselberg yesterday.
In a 15-count indictment, prosecutors accused Wesselberg and his associates of participating in a 15-year plan to obtain company benefits without paying them proper taxes.
These allegations mark a new chapter in a long investigation Donald TrumpFamily business, there may be more troubles in the future.
New York Times report:
According to people familiar with the matter, in the next phase of a broader investigation of Mr. Trump and his company, prosecutors are expected to continue to review whether the Trump Organization manipulated property values to obtain loans and tax benefits, as well as other potential financial crime . .
Attorney general of new york Leticia James Said that there may be more allegations, and said in a statement yesterday, “This investigation will continue, and we will investigate in accordance with facts and the law.
There will be more content on this blog, so stay tuned.
[ad_2]
Source link
