Don’t trust Trump’s ‘impossible’ appeal bond claims, attorney general tells judges

Former U.S. President Donald Trump speaks to the media as he arrives at a Manhattan courthouse trial in a civil fraud case brought by state Attorney General Letitia James against him, his adult sons, the Trump Organization and others in New York City, U.S., October 4, 2023.  Mike Segar | Reuters Donald Trump should have pledged real … Read more

Trump cannot get $454 million appeal bond in New York fraud case

Former President Donald Trump has been unable to obtain an appeal bond to secure a $454 million civil judgment against him in a New York business fraud case, his attorneys said in a court filing Monday. Lawyers for Trump and his co-defendants said it has been “impossible” for them to secure a complete appeal bond, … Read more

Biden’s billionaire tax hits the super-rich. Can a wealth tax work?

Calls for a wealth tax on the world’s super-rich are once again gaining attention after U.S. President Joe Biden said he would impose a new “billionaire tax” on the country’s wealthiest if reelected in November. Outlining his 2025 budget proposals on Monday, Biden took aim at the uber-affluent and reiterated plans for a 25% tax … Read more

Can Indonesia’s next president Prabowo deliver on his big promises?

Prabowo Subianto, Indonesia’s presidential candidate and defense minister, center, waves to supporters in Jakarta, Indonesia, on Wednesday, Feb. 14, 2024. Prabowo declared victory in Wednesday’s presidential vote, citing independent pollsters, putting him on course to lead Southeast Asia’s largest economy after two failed attempts.  Bloomberg | Bloomberg | Getty Images JAKARTA — Indonesia’s Defense Minister … Read more

Judge Engoron fines ex-president over $350 million

A New York judge Friday ordered Donald Trump to pay more than $350 million in total penalties as part of his ruling in the former president’s civil business fraud trial. Manhattan Supreme Court Judge Arthur Engoron also barred Trump from running a business in New York for three years. He also faces a three-year ban … Read more

Former Swiss finance executive guilty in tax evasion scheme

The Internal Revenue Service headquarters building in Washington, D.C. Chip Somodevilla | Getty Images News | Getty Images WASHINGTON — A former Swiss finance executive pled guilty in New York federal court on Thursday to conspiring to defraud the U.S. in a tax evasion scheme known as the “Singapore Solution” that hid $60 million in … Read more

Trump gag order in fraud case reinstated by New York appeals court

Former U.S. President Donald Trump looks on, as the trial of himself, his adult sons, the Trump Organization and others in a civil fraud case brought by state Attorney General Letitia James continues, in New York City, U.S., October 3, 2023.  Eduardo Munoz | Reuters A New York appeals court Thursday reinstated a gag order … Read more

Why the UK government’s tax cuts still leave workers worse off

British Finance Minister Jeremy Hunt that the U.K. economy would not enter a technical recession in 2023, while announcing the government’s spring Budget. Dan Kitwood | Getty Images News | Getty Images LONDON — U.K. Finance Minister Jeremy Hunt on Wednesday announced a substantial cut to the National Insurance tax on workers, but its benefit … Read more

Ivanka Trump testifies in NY AG business case

Ivanka Trump arrives for the civil fraud trial of her father former President Donald Trump at New York State Supreme Court on November 08, 2023 in New York City. Michael M. Santiago | Getty Images Ivanka Trump, the eldest daughter of former President Donald Trump, began testifying Wednesday in the $250 million civil fraud trial … Read more

Former president says he will testify

Former President Donald Trump speaks to members of the media while arriving for the second day of his civil fraud trial in New York on Oct. 3, 2023. Kena Betancur | AFP | Getty Images Former President Donald Trump on Tuesday said that he plans to testify at the New York trial accusing him of … Read more