Trump

The former president will, however, have to wait six months before cashing in his shares Truth Social is going public. In a Friday vote, the social media company’s blank-check funding partner — Digital World Acquisition Corp. — approved a merger with Trump Media & Technology Group. The merger will be a lifeline to Truth Social, which incurred tens of millions in losses in 2023, and provide a massive windfall to its owner, former President Donald Trump. Given the current stock market value…

Donald Trump has been telling the New York courts that he doesn’t have the liquidity to pay a $464 million appeal bond required to challenge a massive civil fraud penalty leveled against him by the state last month. On Friday, the former president appeared to show his hand, claiming on social media that he actually does have the cash, and that he was planning on using it his presidential campaign.  “THROUGH HARD WORK, TALENT, AND LUCK, I CURRENTLY HAVE ALMOST FIVE HUNDRED MILLION DOLLARS IN CASH, A SUBSTANTIAL…

Throughout his career, Donald Trump has made his vast wealth a central component of his public image. He could use a little more of it this week. The former president is currently struggling to pay off a mountain of legal expenses tied to the seemingly endless parade of court cases he’s contending with as he vies to reclaim the White House. Trump is scrambling to gather the $464 million he needs to launch an appeal against a New York civil court ruling that found him liable for years of financial fraud against…

Financial disclosures show that members of Congress who voted for the so-called “TikTok ban” last week may own between $29 million and $126 million worth of stock in competing tech companies, according to data from Quiver Quantitative, a company that tracks congressional investments. Among the 352 members of the House of Representatives who voted “yes” on the bill, 44 reported they own shares of companies including Amazon, Google, Meta, Microsoft, and Snap—all corporations that could stand to benefit if TikTok is forced…

The parent company of Donald Trump’s social media company, Truth Social, could soon become a multi-billion dollar public company, depending on a vote scheduled for Friday. Trump could stand to gain over $3 billion if the proposed merger goes through, which could be his ticket out of some hefty legal bills.The shareholders of Digital World Acquisition (DWAC), a special-purpose acquisition company formed to facilitate a private company going public, will vote on Friday on whether to approve the merger with Trump Media and…

On the campaign trail in January, former President Donald Trump opposed raising the retirement age and pledged not to cut Social Security benefits. “We don’t have to do that for seniors,” he told supporters. “You earned it.” Trump’s 2024 campaign also ran TV ads criticizing his primary opponent, former South Carolina Gov. Nikki Haley, for wanting to change the retirement age, saying she would end the promise of “a secured retirement.” Trump has waffled on his pledge in recent weeks — and now, Republican…

By JENNIFER PELTZ (Associated Press) NEW YORK (AP) — New York state lawyers urged an appeals court Wednesday not to buy former President Donald Trump’s claims that it’s impossible to post a bond fully covering a $454 million civil fraud judgment while he appeals. The presumptive Republican nominee’s lawyers said earlier this week that he couldn’t find an underwriter willing to take on the entire amount. But the state is arguing that Trump and his co-defendants didn’t explore every option. The “defendants fail to propose…

Once upon a time, long before he set his sights on the White House, Donald Trump leveraged his massive real estate empire into a braggadocious reality TV show called The Apprentice. The show’s bombastic theme song sang “money, money, money, money,” at viewers over shots of Trump’s New York properties, private planes, and helicopters. Now, two decades after the show first premiered, the former president is begging his followers to fork over cash in order to preserve the assets on which he built his throne.  “KEEP…

Days after Don Lemon said that Elon Musk canceled his partnership with X hours after conducting an interview with the tech mogul, the former CNN anchor on Monday dropped the first episode of The Don Lemon Show on YouTube and podcast streaming platforms, featuring a contentious interview with Musk. Throughout their conversation, Lemon brought up questions related to Musk’s drug use, his affiliations with Donald Trump, advertisers pulling ads off X, hate speech on the app and other topics that the South…

Voters of the Democratic party and U.S. President Joe Biden are happier than voters for the Republican party and former U.S. President Donald Trump, while older and wealthier adult voters are happier than younger and less-wealthy ones, according to a new FAU PolCom and Mainstreet Research happiness poll. Credit: FAU Political Communication and Public Opinion Research Lab Voters of the Democratic party and U.S. President Joe…