The End of America's Global Leadership

Believe it or not, this October surprise could end up being the real election story when historians write their books. And no matter who wins, it may be impossible to restore America's global standing afterwards.

Following Historic Conviction, Donald Trump Is Facing More Criminal Charges With No Endgame In Sight

Bibhu Pattnaik
June 02, 2024

In a landmark legal battle, former President Donald Trump was convicted in New York last week, marking a significant moment as he faces other multiple charges across the U.S.

Trump was found guilty on all counts in the trial related to a hush-money payment involving adult film actor Stormy Daniels before the 2016 election.

Following this historic conviction, Trump is set to encounter numerous other legal hurdles, including state charges in Georgia and federal ones in Florida and Washington, D.C.

The former president faces 54 additional criminal charges, with 10 of them related to election interference in Georgia, reported The Hill. Here, he and 18 others are accused of conspiring to overturn the 2020 election results under the state's racketeering laws.

Also Read: Following Trump's Guilty Verdict, Legal Experts Say He Could Face This Punishment Instead Of Prison Time

Moreover, Trump is facing four federal charges alleging he schemed to manipulate the 2020 presidential election outcome by pressuring state legislators and then-Vice President Mike Pence, influencing the Department of Justice and exploiting the Jan. 6 Capitol riot.

The Supreme Court is deliberating on whether Trump can claim immunity from prosecution based on his argument that his acts were presidential. A decision is due by late June.

In Florida, Trump is dealing with 40 charges related to mishandling classified documents and attempting to obstruct the government from obtaining them. The former president has pleaded not guilty, and the trial has been indefinitely postponed, with no date set.

According to The Hill, Trump's conviction in New York sets a tense stage for his upcoming legal battles as he prepares for the Republican National Convention on July 11, where he is expected to accept the GOP’s presidential nomination. His legal team, led by attorney Will Scharf, is currently exploring all avenues for appeal.

Now Read: Donald Trump Attempts To Block Release Of Biopic That Includes Controversial Rape Scene Involving Ex-Wife Ivana

This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo: Shutterstock

Continue Reading...

Popular

This Analyst Sees Potential Downside In Eli Lilly, Adjusts Model For Acquired IPR&D Charges

Cantor Fitzgerald analyst Louise Chen reiterated an Overweight rating on Eli Lilly with a price target of $885. Eli Lilly's Q2 FY24 earnings report on August 8 will include a pre-tax IPR&D charge of $154 million, impacting GAAP and non-GAAP EPS by $0.14.

What's Going On With KKR Shares Today?

KKR completed the acquisition of Park 8Ninety for $234 million, Evercore ISI Group maintains Outperform rating with $117 target.

Buy These 3 Stocks Before the FDA's Anticipated Announcement - Ad

See this ASAP! This could NOT be more urgent.... Ian King has identified 3 little-known stocks that could go up 10X in the coming years. It's all thanks to a breakthrough product that could save billions of lives. Maybe even yours.

Powell says Federal Reserve is more confident inflation is slowing to its target

WASHINGTON (AP) — Chair Jerome Powell said Monday that the Federal Reserve is becoming more convinced that inflation is headed back to its 2% target and said the Fed would cut rates before the pace of price increases actually reached that point.

Exposed: 3 Cent Crypto to Explode July 22nd? - Ad

Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on June 24th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.

Verizon And AT&T Clash Over $14B FirstNet Spectrum Proposal

Verizon Communications Inc. (NYSE: VZ) and AT&T Inc. (NYSE: T) are at odds over a proposal to enhance emergency responder services, which Verizon claims would unfairly benefit AT&T by $14 billion. AT&T and partners urge regulators to allocate more wireless frequencies to FirstNet, a network supporting emergency services.

Trump's Family Reacts To Attempted Assassination: 'Toughest Man I've Ever Met'

Following the attempted assassination of former President Donald Trump on Saturday, his family shared heartfelt messages.

This Is Where the World's Richest Men Are Putting Their Money - Ad

Bill Gates, Peter Thiel, Mark Zuckerberg -- they're pouring millions into something we call Imperium technology. And you can invest in this tech alongside them starting with just $10. Bill Gates called Imperium "one of the most powerful technologies of the 21st century."

These Are The Top Democratic Contenders Who Could Succeed Biden If President Were To Bow Out Of

In the wake of a debate performance that drew widespread criticism, speculation has been reignited about whether President Joe Biden should bow out before the November election.

Trump Vs. Biden: New 2024 Election Poll Show Tie, But Here's Who Independent Voters Favor

A new 2024 election poll shows Donald Trump and Joe Biden tied. The poll shows inflation a key concern for voters moving forward.

What Is Nvidia's New $1 Trillion Superproject? - Ad

While most are still focused on Nvidia's recent performance, they're missing this massive, $1 trillion pivot Nvidia's making right now. But it's what's happening behind the scenes that should be most exciting for investors. We've identified three companies that Nvidia needs to lean on to help get the job done.

As Trump Prepares For Comeback, Latest Pew Poll Reveals Which Presidential Candidate Rest Of World Prefers

In light of former President Donald Trump's recent perceived triumph in the presidential debate, world leaders are gearing up for the possibility of a second Trump administration.

Top 4 Real Estate Stocks That Could Lead To Your Biggest Gains In Q3

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Top 3 Tech Stocks Which Could Rescue Your Portfolio In July

Here's the latest list of major oversold players in this sector, having an RSI near or below 30.

Elon Musk Says 'Lying On This Platform Doesn't Work Anymore' After Biden VP Kamala Harris Gets Community Noted On X After Posting About Trump

Elon Musk challenged Vice President Kamala Harris's claim about former President Trump's stance on a national abortion ban after her post on X was flagged by the Community Notes feature, asserting that Trump's position has been misrepresented.

Man Who Predicted Trump 2016 Win: "Prepare for Election Meltdown" - Ad

In 2016, surveys were giving Hillary Clinton more than 99% chance of winning right up until election night. But right before the election... Former advisor to the CIA, Jim Rickards predicted Trump would win. You won't believe what he's predicting now. And it could have huge implications for the financial markets.

Boeing Astronauts Stuck In Space Speak Out: 'Absolutely Confident' Will Return Home

Two astronauts saw their one week on the International Space Station turn into more than a month. In public comments, the astronauts remain confident in returning home.

Why Nike Shares Are Falling Today

Nike shares plummet nearly 15% premarket as fiscal 2025 revenue outlook disappoints amid challenges in digital sales and Greater China market.

New Trump Bombshell - Ad

The Freeport Society and Louis Navellier have just issued a shocking election prediction for 2024. I believe Donald J. Trump will go down as America's last Republican president. But NOT for the reasons you may think...

Chewy, Apple, Marathon Digital, McDonald's, Tesla: Why These 5 Stocks Are On Investors' Radars Today

On Monday evening, major U.S. indices closed in positive territory. The Dow Jones Industrial Average increased by 0.1%, reaching 39,169.52. The S&P 500 rose by 0.3% to 5,475.09, while the tech-focused Nasdaq climbed 0.8% to finish at 17,879.30. These are the top stocks that gained the attention of retail traders and investors throughout the day:

Elon Did It Again: This Could be Bigger than Tesla - Ad

After revolutionizing online payment processing (PayPal), space exploration (SpaceX) and the auto industry (Tesla)... He's getting ready to do it again with his new A.I. venture. This could be bigger than Tesla, bigger than SpaceX, and bigger than Paypal.

As Nvidia And Other Tech Stocks Soar, Expert Downgrades Sector Amid Overvaluation Concerns

The tech sector, a major driver of the stock market's recent gains, has been downgraded by Truist's Chief Strategist and CIO, Keith Lerner. This move comes amid concerns of overvaluation and a subsequent recommendation to invest in alternative sectors.

Jim Cramer Has A Market Strategy: Interest Rates Up, Buy Mag 7; Rates Down, Buy Everything

Jim Cramer, the host of CNBC's "Mad Money," has advised investors to consider buying the 'MAG 7' stocks when interest rates rise and to buy everything when rates fall.

The Election Shock Nobody Expected... (But You'll See it Coming) - Ad

It comes down to just 9 words... Nine simple words which when spoken, will determine the outcome of the 2024 election... These words have nothing to do with Trump, the economy, or what's happening in Ukraine, China or Israel. This is the scandal that isn't being reported (yet.) But my political operatives tracked down this story.

Stocks Show Modest Gains Ahead Of Fed's Inflation Report; Chipmakers Struggle, While Gold And Bitcoin Rebound: What's Driving Markets Thursday?

Wall Street experienced a subdued trading day on Thursday, as traders likely chose to remain on the sidelines in anticipation of Friday’s release of the Federal Reserve’s preferred inflation gauge.

The Surprising Way to Play AI (Not Stocks!) - Ad

Almost nine out of 10 Americans completely ignore this market. And your broker probably isn't going to help you invest in this niche. That's because this niche of the AI market is completely outside of the stock market. Take advantage of these potential AI superstars....

Trump Media & Technology Stock Soars After Presidential Debate - What's Going On?

Trump's media group shares soared after the first 2024 presidential debate between Biden and Trump. Biden's age and hoarse voice raised concerns.

This Could Be Like Buying Crypto In 2020 - Ad

Wall Street veteran Ian King says, "this could be like buying crypto in 2020." Now Ian's pounding the table on a new opportunity that's on the cusp of mainstream adoption just like crypto in 2020. And he's recommending you buy 3 little-known stocks ahead of an official announcement from the U.S. government.

Investors Predict Impact Of Potential Trump Presidency On Markets: 'The Market Is Already Priced For That To Happen'

Investors anticipate heightened market volatility as Trump and Biden vie for the presidency, weighing potential impacts on sectors and economic stability.

Bitcoin Rebounds From ETF Outflows, Back Above $61K

Bitcoin (CRYPTO: BTC) has bounced from its poor showing in Monday trading and is trading back above $61,000, despite significant net outflows from spot ETFs.

Seven Unknown AI Stocks That Could Dominate the Next Six Years - Ad

The original "Magnificent Seven" stocks generated 16,800% over the last 20 years. But now a new set of AI stocks is set to take over. Alex Green dubs them "The Next Magnificent Seven." And he's arguing that just $1,000 in each could turn into more than $1 million in less than six years.

Trump Vice President Pick Coming 'Any Time': Betting Odds Show New Favorite Emerging

Since the first presidential debate, much of the political conversation has been on whether President Joe Biden would step down from the 2024 presidential election.

Tesla Loses Lead In EV Quality Among Peers: Auto Expert Pins It On Removal Of Stalks For Buttons

EV giant Tesla has lost its edge in terms of vehicle quality over EVs made by rival OEMs, as per automotive industry consultant JD Power.

China's Secret Plan to Bankrupt Millions of Americans? - Ad

A mountain of evidence compiled over the past 20 months makes it clear to us that China has put in a covert plan that will cost the U.S. government $9 trillion...and harm ordinary citizens. How you handle this situation will be one of the most important financial decisions you ever make.

Apple Eyes New Growth With Extended Smartphone Replacement Cycle and Strategic Pricing: Analyst

Apple Inc (AAPL) shares up as Needham analyst maintains Buy rating and $220 price target. Channel checks suggest longer smartphone replacement cycle.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright markethundred.com
Privacy Policy | Terms of Service