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Trump found guilty on all 34 charges in hush money trial

May 30, 2024
Donald Trump just became the first former U.S. president to be convicted of felony crimes. Jurors deliberated for 9.5 hours.
Jurors convicted Trump on all 34 counts after deliberating for 9.5 hours.
Michael M. Santiago/AFP via Getty Images

FTX founder Sam Bankman-Fried sentenced to 25 years in prison

Mar 28, 2024
Crypto entrepreneur Sam Bankman-Fried was sentenced to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, the massive crypto exchange.
Above, Sam Bankman-Fried in March 2023. On Thursday, Bankman-Fried was sentenced to 25 years in prison for fraud and conspiracy.
Drew Angerer/Getty Images

Fed leaves interest rates unchanged, signals cuts are likely months away

Jan 31, 2024
“We want to see strong growth and a strong labor market,” said Federal Reserve Chair Jerome Powell.
 Investors were hoping for a cut in March, but that now appears off the table.
Anna Moneymaker/Getty Images

FTC, 17 states file antitrust lawsuit against Amazon

Sep 26, 2023
The Federal Trade Commission and more than a dozen U.S. states are alleging that Amazon used "its monopoly power" to inflate prices.
Ina Fassbender/AFP via Getty Images

Federal Reserve raises key rate for 11th time by a quarter-point, to highest level since 2001

Jul 26, 2023
The move lifted the Fed’s benchmark short-term rate from roughly 5.1% to 5.3% — its highest level in 22 years.
For the Federal Reserve, the drop in inflation from roughly 9% to 3% was the relatively easy part, some analysts say. Getting it down to the Fed’s 2% target will be harder and take longer.
Win McNamee/Getty Images

UPS reaches contract with 340,000 unionized workers, averting potentially calamitous strike

Jul 25, 2023
The Teamsters called the tentative agreement “historic” and “overwhelmingly lucrative.” It includes, among other benefits, higher wages and air conditioning in delivery trucks.
Above, UPS workers at a Teamsters rally on July 19. A deal reached Tuesday by Teamsters and UPS was key to averting a nationwide strike.
Frederic J. Brown/AFP via Getty Images