Donald Trump is due to be fingerprinted and photographed in a New York courthouse next week as he becomes the first former U.S. president to face criminal charges in a case involving a 2016 hush money payment to porn star Stormy Daniels.
- BreakingviewsTrump charges could leave important fish unfried
Donald Trump’s indictment is a distraction rather than a disruption for the U.S. economy, but on balance it’s still unhelpful. Money markets and currencies were unmoved on Friday morning after a grand jury’s decision to press criminal charges was announced on Thursday night. The trouble is that U.S. financial stability depends on politicians finding common ground, and this event is likely to make that harder.
- MarketsNasdaq set for best quarter since 2020, latest inflation data a boost
Signs of cooling inflation bolstered hopes the Fed might soon end its aggressive interest rate hikes.
- TechnologyItaly curbs ChatGPT, starts probe over privacy concerns
Italy's Data Protection Authority on Friday temporarily banned OpenAI's ChatGPT chatbot and launched a probe over a suspected breach of the artificial intelligence application's data collection rules.