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Category Archives: Yahoo

‘Severe revenue decline’: California faces a record $68 billion deficit here’s what is eating away at the Golden State’s … – Yahoo Finance

Posted: December 22, 2023 at 7:54 pm

'Severe revenue decline': California faces a record $68 billion deficit here's what is eating away at the Golden State's ...  Yahoo Finance

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Poll: Trump is tied with Biden for now but criminal trials and unpopular plans pose risks for 2024 – Yahoo News

Posted: at 7:54 pm

President Biden and former President Donald Trump are tied at 44% apiece among registered voters heading into the 2024 election year, according to the final Yahoo News/YouGov poll of 2023.

The survey of 1,533 U.S. adults, which was conducted from Dec. 14 to Dec. 18, represents a reality check at a time when the press has been far more focused on Bidens vulnerabilities than Trumps. In fact, it is Trump's underlying problems including his criminal trials and unpopular plans that may pose the bigger electoral risk in next years election, the results suggest.

Its true, for instance, that Bidens long-standing lead over Trump in the Yahoo News/YouGov poll faded this fall after averaging about 4.5 percentage points between March and August. Yet Trump has not been able to capitalize on Bidens meager job-approval rating currently 37% approve, 57% disapprove among all Americans to expand his appeal and pull ahead.

Instead, Trumps support among registered voters has remained at 44% or lower.

Last month, when Bidens support dipped to 42%, that was enough to give Trump a narrow edge (within the margin of error). Now Biden has ticked back up, and the two candidates are again level. While other national polls have shown larger swings, the Yahoo News/YouGov survey portends a very close campaign (consistent with the last two presidential elections) if Biden and Trump face off again in 2024.

Even when voters are offered the choice of another candidate in addition to Biden and Trump an option that 12% select the two presidents remain tied at 41%, implying that third-party bids are unlikely to upend the fundamental dynamics of the contest.

What might change the race, however, is a Trump criminal conviction.

Large majorities of Americans continue to say that the charges on which Trump has been indicted and for which he is likely to stand trial next year represent serious crimes, including taking highly classified documents from the White House and obstructing efforts to retrieve them (63%); conspiring to overturn the results of a presidential election (66%); and attempting to obstruct the certification of a presidential election (64%). In each case, only about one in five Americans say these are not serious crimes.

Asked, then, how they might vote if Trump is convicted of a serious crime in the coming months, registered voters say they would prefer Biden by a 7-point margin in that scenario, 46% to 39%. Trumps support (previously 44%) immediately falls by 5 percentage points.

Among potential Republican primary voters registered voters who identify as Republicans or Republican-leaning independents the decline is even steeper: a full 15 percentage points, from 56% to 41%. Without a criminal conviction, Trumps primary support is more than double the combined backing of Florida Gov. Ron DeSantis (15%) and former United Nations ambassador and onetime South Carolina Gov. Nikki Haley (10%), his two leading challengers for the GOP nomination. With a criminal conviction, DeSantis (21%) and Haley (16%) combine to come within 4 points of Trump.

While neither of these results should be seen as a prediction of what might happen in the event of an actual conviction, they do suggest that such a conviction something unprecedented in the history of U.S. presidential politics would at least have the potential to complicate Trumps campaign.

Meanwhile, Americans are not buying the arguments from Trumps legal team that all former presidents are immune from federal prosecution for crimes allegedly committed while in office (57% not immune, 21% immune) or that Trumps trials should take place after the 2024 general election (61% before, 21% after). Even potential Republican primary voters are relatively divided on presidential immunity (42% immune, 32% not immune) and the proper timing of Trumps trials (37% before Election Day, 42% after Election Day).

Another risk for Trump in 2024 is rising voter awareness regarding his plans for a second term.

Recent reporting and remarks from the former president have focused on some of the more unusual policies he intends to implement if reelected. For now, most voters arent paying close attention to each candidates agenda. But the new Yahoo News/YouGov poll suggests that Trumps platform might prove to be particularly unpopular once the 2024 campaign gets underway in earnest.

For example, just 19% of Americans favor and 60% oppose the idea that Trump might replace tens of thousands of federal workers whose politics dont align with his. Just 27% favor and 49% oppose the idea that Trump might order the Justice Department to investigate and criminally charge [his] political adversaries. Just 29% favor and 53% oppose the idea that Trump might send troops into big U.S. cities to enforce public order. Only about a third of Americans want Trump to appoint a real special prosecutor to go after Biden and his family (34%) or round up millions of undocumented immigrants and detain them in government camps while they wait to be deported (35%). Even the most popular Trump policy on the list using the U.S. military to attack drug cartels in Mexico only reaches 40% support.

In keeping with these numbers, far more Americans say they disapprove (49%) than approve (36%) of Trumps recent comments about being a dictator on Day One of his second term but not after that because were closing the border, and were drilling, drilling, drilling.

Nearly half (48%) say Trump would be more of a dictator than previous presidents, while only 18% say he would be less of a dictator, and 23% say he would be about the same. (The poll was taken prior to Trumps statement that immigrants are "poisoning the blood of our country.")

To be sure, Biden plagued by concerns about his age, the economy and the war in Gaza remains vulnerable. But the numbers dont show that Democrats would automatically fare better with a different nominee. When registered voters are given alternative Democrats to choose from, neither California Gov. Gavin Newsom (who trails Trump 41% to 45%) nor Michigan Gov. Gretchen Whitmer (who trails Trump 41% to 44%) performs as well as the president.

Likewise, Bidens support among potential Democratic primary voters (68%) over his actual challengers self-help author Marianne Williamson (4%) and Minnesota Rep. Dean Phillips (3%) has grown by 4 points since last month, and a majority now say they prefer Biden (51%, up from 46% in November) over someone else (35%) for the nomination.

As a semi-incumbent himself, Trumps position among Republicans is equally commanding: 59% of potential GOP primary voters support him in a hypothetical one-on-one matchup against DeSantis (25%), while a full 70% support him against Haley (19%).

The bottom line is that a 2020 rematch is looking more likely than ever. But while Bidens weaknesses have been well-publicized ahead of 2024, Trumps may be underestimated.

____________

The Yahoo News survey was conducted by YouGov using a nationally representative sample of 1,533 U.S. adults interviewed online from Dec. 14 to Dec. 18, 2023. The sample was weighted according to gender, age, race, education, 2020 election turnout and presidential vote, baseline party identification and current voter registration status. Demographic weighting targets come from the 2019 American Community Survey. Baseline party identification is the respondents most recent answer given prior to Nov. 1, 2022, and is weighted to the estimated distribution at that time (33% Democratic, 27% Republican). Respondents were selected from YouGovs opt-in panel to be representative of all U.S. adults. The margin of error is approximately 2.8%.

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Poll: Trump is tied with Biden for now but criminal trials and unpopular plans pose risks for 2024 - Yahoo News

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Rudy Giuliani files for bankruptcy days after being ordered to pay $148 million in defamation case – Yahoo News

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NEW YORK (AP) Rudy Giuliani filed for bankruptcy on Thursday, acknowledging severe financial strain exacerbated by his pursuit of former President Donald Trump's lies about the 2020 election and a jurys verdict last week requiring him to pay $148 million to two former Georgia election workers he defamed.

The former New York City mayor listed nearly $153 million in existing or potential debts, including almost $1 million in state and federal tax liabilities, money he owes lawyers, and many millions of dollars in potential judgments in lawsuits against him. He estimated he had assets worth $1 million to $10 million.

Giuliani had been teetering on the brink of financial ruin for several years, but the eye-popping damages award to former election workers Ruby Freeman and Wandrea Shaye Moss pushed him over the edge. The women said Giulianis targeting of them after Republican Trump narrowly lost Georgia to Democrat Joe Biden led to death threats that made them fear for their lives.

Ted Goodman, a political adviser and spokesperson for Giuliani, said in a statement that Giuliani's decision to seek bankruptcy protection should be a surprise to no one because no person could have reasonably believed that Mayor Giuliani would be able to pay such a high punitive amount.

The Chapter 11 filing will give Giuliani the opportunity and time to pursue an appeal, while providing transparency for his finances under the supervision of the bankruptcy court, to ensure all creditors are treated equally and fairly throughout the process, Goodman said.

But declaring bankruptcy likely wont erase the $148 million verdict. Bankruptcy law doesn't allow for the dissolution of debts that come from a willful and malicious injury inflicted on someone else. A judge said Wednesday that Freeman and Moss could start pursuing payment immediately, saying any delay could give Giuliani time to hide assets.

This maneuver is unsurprising, and it will not succeed in discharging Mr. Giulianis debt to Ruby Freeman and Shaye Moss, their lawyer, Michael Gottlieb, said.

After the verdict, Giuliani repeated his stolen election claims, insisted he did nothing wrong and suggested hed keep pressing his claims even if it meant losing all his money or going to jail. His rhetoric prompted Freeman and Moss to sue him again this week.

The Dec. 15 verdict was the latest and costliest sign of the mounting financial toll incurred by the 79-year-old Giuliani, a one-time Republican presidential candidate and high-ranking Justice Department official once heralded as Americas Mayor for his calm and steady leadership after the terrorist attacks on Sept. 11, 2001.

Once swimming in cash as a globetrotting security consultant, Giulianis money woes intensified amid investigations, lawsuits, fines, sanctions and damages related to his work helping Trump try to overturn the 2020 election.

Among his potential debts, he listed lawsuits brought by two voting machine manufacturers who say he and others defamed them with claims of a stolen election.

A lawyer for Giuliani, Adam Katz, suggested at an August court hearing in one of those cases that Giuliani was close to broke, and unable to pay a number of bills, including a $12,000 to $18,000 tab for a company to search through his electronic records for evidence.

In court papers rebuffing voting machine-maker Smartmatics demand for an accounting of his finances, Giulianis lawyers disclosed that he was so hard up for money that he solicited third-party donations to pay a prior $300,000 bill to the electronic discovery firm.

In September, Giulianis former lawyer Robert Costello sued him for nearly $1.4 million in unpaid legal bills. Giuliani claimed he never received them. The case is pending.

Costello represented Giuliani from November 2019 to this past July in matters ranging from an investigation into his business dealings in Ukraine, which resulted in an FBI raid on his home and office in April 2021, to investigations of his work in the wake of Trumps 2020 election loss.

Investigators noted Giulianis dwindling finances in court papers unsealed this week from the 2021 raid, raising his need for money as possible motivation for his interest in aiding a Ukrainian official. Citing bank records and other information, they said Giuliani had gone from having about $1.2 million in the bank and $40,000 in credit card debt in January 2018 to about $288,000 in cash and $110,000 credit debt in February 2019. Giuliani was never charged with a crime as a result of that investigation.

Giulianis other lawsuits, which he listed as potential liabilities, include one brought against him by Bidens son Hunter, who alleges Giuliani was responsible for the total annihilation of his digital privacy by accessing and sharing his personal data from his laptop computer.

Giuliani is also being sued by a woman who said she worked for him. She alleges he owed her nearly $2 million in unpaid wages and coerced her into sex. Another lawsuit involves a man who claims Giuliani defamed him after he slapped the ex-mayor on the back at a supermarket. Giuliani has denied the womans claims and has asked for the mans lawsuit to be thrown out.

In August, Giuliani was indicted with Trump and others in Georgia on charges he acted as Trumps chief co-conspirator in a plot to subvert Bidens victory. He was also described as a co-conspirator but not charged in special counsel Jack Smiths federal election interference case against Trump.

Giulianis bankruptcy filing did not detail his assets or add to what is already known about how hes been making money in recent years.

Giuliani hosts a daily radio show in New York City and a nightly streaming show on social media. On social media, hes pitched various products, including wares sold by election denier Mike Lindell. He also has hawked autographed 9/11 shirts for $911 and has appeared on Cameo, a service where celebrities record short videos for profit. Giuliani was charging $325 for his greetings, though a recent check shows theyre temporarily unavailable."

After his Georgia indictment, he directed social media followers to the website of his legal defense fund. To save money, Giuliani has represented himself in some legal matters.

In July, Giuliani put his Manhattan apartment up for sale. He was initially asking $6.5 million for the three-bedroom residence a block from Central Park, but that might have proved a bit steep. Three months later, he trimmed his ask to $6.1 million. The apartment still hasnt sold.

In September, Trump hosted a $100,000-a-plate fundraiser for Giuliani at his Bedminster, New Jersey, golf club. Giulianis son, Andrew, said the event was expected to raise more than $1 million for Giulianis legal bills.

Andrew Giuliani also said that Trump had committed to hosting a second fundraiser for the former mayor at his Mar-a-Lago club in Palm Beach, Florida, though that doesnt appear to have happened.

___

Associated Press writer Lindsay Whitehurst in Washington contributed to this report.

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‘It’s just bragging rights’: Once you achieve this credit score there’s ‘no benefit’ to scoring higher, expert says here are … – Yahoo Finance

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'It's just bragging rights': Once you achieve this credit score there's 'no benefit' to scoring higher, expert says here are ...  Yahoo Finance

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'It's just bragging rights': Once you achieve this credit score there's 'no benefit' to scoring higher, expert says here are ... - Yahoo Finance

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Records released by House Republicans show that Joe Biden repeatedly emailed Hunter Biden’s business associate … – Yahoo News

Posted: at 7:54 pm

Joe Biden exchanged emails with his son Hunters business associate 54 times while he was serving as vice president, and some of the messages were sent around the time the elder Biden was traveling to Ukraine and his son was working for a Ukrainian gas company, according to records released by House Republicans.

A White House spokesperson declined to comment but pointed to statements by House Democrats that Hunter Bidens business associate, Eric Schwerin, worked as Joe Bidens financial adviser from 2009 to 2017 and helped him file his tax returns. Schwerin did not respond to requests for comment.

The records released describe the dates of the emails and who exchanged them, but do not include the messages themselves. NBC News has not reviewed the contents of the emails.

All told, then-Vice President Biden emailed Schwerin 35 times before and after his 2014 trips to Ukraine. Five emails were exchanged just prior to a trip by Vice President Biden to Ukraine on June 7, 2014, and 27 emails were sent from the end of June to a second trip to Ukraine by Biden on Nov. 21, 2014.

The bulk of the communication occurred in the lead-up to and following an agreement for Hunter Biden to serve on the board of the Ukrainian natural gas company Burisma.

Earlier this year, Rep. Jamie Raskin, D-Md., said in a news release that Schwerin told House Ways and Means Committee staff in a March interview that the elder Biden was not involved in the business of his son or any of his relatives.

Raskin said Schwerin stated that he was not aware of any involvement by President Biden in the financial conduct of the Presidents relatives businesses, much less any transactions into or out of the then-vice presidents bank account related to business conducted by any Biden family member.

The email disclosures were part of law enforcement records released by House Republicans following the testimony of IRS whistleblower Joseph Ziegler. This month, Ziegler provided the documents to the House Ways and Means Committee in conjunction with a sworn affidavit. The committee, which also heard the testimony of a second IRS whistleblower, Gary Shapley, is led by Rep. Jason Smith, R-Mo.

Ziegler told Congress that there were multiple emails found with Hunter Biden and his business associates but the investigative team was unaware at the time that then-Vice President Biden used an alias in his private emails.

Hunter Biden earned nearly $1.2 million from Burisma in 2014, according to emails contained on a copy of his hard drive and obtained by NBC News. In their recent tax indictment of Biden, federal prosecutors alleged he made over $1.4 million from 2016 to 2019, when Bidens engagement with the Ukrainian firm ended.

Biden is scheduled to be arraigned on misdemeanor and felony federal tax charges in Los Angeles in early January. After his indictment last week, Bidens attorney Abbe Lowell said in a statement, After five years of investigating with no new evidence and two years after Hunter paid his taxes in full the U.S. Attorney has piled on nine new charges when he had agreed just months ago to resolve this matter with a pair of misdemeanors.

Bidens addition to Burismas board as head of legal affairs was reported in a news release in May 2014. At some point from May to December 2014, Burisma allegedly paid a bribe to a Ukrainian official to help stop a joint British-U.S. money-laundering investigation into Burismas top executive, according to a State Department email that quotes a Ukrainian prosecutor.

Former President Donald Trump has falsely claimed that Joe Biden helped oust a Ukrainian prosecutor, Victor Shokin, when he was prosecuting Burisma. Multiple U.S. officials testified to Congress that Shokin was forced out in a joint American and British effort because he himself was corrupt.

Hunter Biden later wrote in his 2021 book, "Beautiful Things: A Memoir," that few of his business deals brought tangible results. He said he wasnt desperate before he landed a position on the board of Burisma in 2014 but that the money was helpful and that it came at a fortuitous time.

He said it meant he didnt have to work hard to find clients, the most time-consuming part of my work drilling twenty dry wells to finally hit pay dirt, and that it allowed him to spend more time with his dying brother, Beau.

This article was originally published on NBCNews.com

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Records released by House Republicans show that Joe Biden repeatedly emailed Hunter Biden's business associate ... - Yahoo News

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Tesla Getting Trounced by S&P 500 Three Years After Joining – Yahoo Finance

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Tesla Getting Trounced by S&P 500 Three Years After Joining  Yahoo Finance

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Ukrainian forces shoot down three Russian Su-34 fighter jets on southern front – Yahoo News

Posted: at 7:54 pm

Ukrainian defenders shot down three Russian Su-34 fighter-bombers in the south of Ukraine on Dec. 22, the commander of the Air Force Mykola Oleshchuk has reported on Telegram

The aircraft were destroyed at around noon. Oleshchuk called it a response to a nighttime "message" from the Russian military written on one of its downed kamikaze drones.

Read also: Aftermath of Russian drone attack on Kyiv photo report

"They wrote on it: Die, b**ches," Oleshchuk said.

"Great idea! Here is our answer to you! Eternal flight, brothers!" Oleshchuk wrote.

Su-34 aircraft are carriers of guided bombs and X-59 missiles, which Russians are using to attack Kherson Oblast and other regions of Ukraine.

According to the Ukrainian militarys General Staff, since the beginning of the full-scale invasion of Ukraine, Russia has lost 324 warplanes and helicopters.

Russia is thought to have had 155 Su-34s before it launched its full-scale invasion of Ukraine. More than 20 of them were reported shot down by Ukraine before todays losses.

Read also: Photos of drone attack aftermath on military airfield in Russia

Were bringing the voice of Ukraine to the world. Support us with a one-time donation, or become a Patron!

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The only AI ‘regulation’ coming is from workers – Yahoo Finance

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The only AI 'regulation' coming is from workers  Yahoo Finance

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Innocent Black Man Spent 50 Years in Prison, His Compensation Will Annoy The Hell out of You – Yahoo News

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A man found guilty in a 1975 murder has spent what the National Registry of Exonerations calls the longest prison sentence on a wrongful conviction. Glynn Simmons, now 71 years old, was named a suspect in an armed robbery that left the clerk of a liquor store in Edmond, Okla. dead, according to the National Registry of Exonerations.

A witness to the incident and a patron who was shot but survived both told the police they couldnt make out who the robbers were. However, somehow Simmons ended up getting swept into a lineup and was charged with both robbery and capital murder.

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The ruling makes Simmons eligible for up to $175,000 in compensation from the state for wrongful conviction and opens the door for a federal lawsuit against Oklahoma City and law enforcement involved in Simmons arrest and conviction, defense attorney Joe Norwood said Wednesday.

Compensation, though, is likely years away, Norwood said and Simmons is currently living on donations while undergoing treatment for cancer that was detected after his release from prison.

Oklahoma law states that the maximum compensation an exonerated person can receive is $175,000. However, democratic state Rep. Cyndie Munson is behind a bill to change that to $50,000 for every year they spent in prison, per KOCO News. So far, 35 states have implemented this into law.

Until the bill becomes law, Mr. Simmons is living off GoFundMe donations which have now reach up to over $100,000, surpassing his goal of $50,000. Simmons plans to use the funds to put a roof over his head, clothes on his back, food and pay for the medical treatments he needs for liver cancer.

I plan to use my remaining time to help others who are still stuck where I was. We need to fix this system so that what happened to me will never happen to anyone else, ever again! Simmons donation page reads.

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Innocent Black Man Spent 50 Years in Prison, His Compensation Will Annoy The Hell out of You - Yahoo News

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Texas begins flying migrants from southern border to Chicago. The 1st plane carried over 120 people – Yahoo News

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AUSTIN, Texas (AP) Texas sent a plane with more than 120 migrants from the U.S.-Mexico border to Chicago in an escalation of Republican Gov. Greg Abbott's busing operation that has given more than 80,000 migrants free rides to Democratic-led cities across the country since last year.

The first flight, which Abbott's office said left from El Paso and arrived Tuesday, was arranged a week after Chicago's city council took new action over the busloads of migrants that have drawn sharp criticism from Mayor Brandon Johnson. The city has said bus operators began trying to drop off people in neighboring cities to avoid penalties that include fines, towing or impoundment.

Bus operators could now face tougher penalties in Chicago for not unloading new arrivals at a designated location or failing to fill out city paperwork. Abbott spokesman Andrew Mahaleris said Wednesday that the flights were the result of Johnson targeting migrant buses from Texas.

The flight took off a day after Abbott signed a new law this week that would allow police in Texas to arrest migrants who illegally cross the border, ratcheting up a series of aggressive measures the state has taken in protest of President Joe Biden's immigration policies.

Until President Biden steps up and does his job to secure the border, Texas will continue taking historic action to help our local partners respond to this Biden-made crisis, Mahaleris said.

The White House criticized the flight and accused Abbott of using migrants for politics.

Yet again, Governor Abbott is showing how little regard or respect he has for human beings, White House spokesperson Angelo Fernndez Hernndez said in a statement. This latest political stunt just adds to his tally of extreme policies which seek to demonize and dehumanize people.

More than 23,000 migrants have been sent to Chicago on buses as part of Abbott's border mission known as Operation Lone Star, according to the governor's office.

The multibillion-dollar operation has also included stringing razor wire along the frontier, installing buoy barriers in the Rio Grande and deploying more officers. On Tuesday a federal appeals court ordered the Biden administration to temporarily halt cutting the concertina wire on the border while a legal challenge plays out.

Johnson's office did not immediately respond to a request for comment about the flights to his city.

Concerns have arisen about the living conditions and medical care provided for asylum-seekers arriving in Chicago, spotlighted by the death last weekend of a 5-year-old boy living at a temporary shelter for migrants.

___

Associated Press reporter Acacia Coronado contributed.

___

A previous version of this story was updated to correct that the first flight arrived in Chicago on Tuesday.

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