By Suzanne McGee and Bansari Mayur Kamdar Exchange-traded funds (ETFs) tracking U.S. retailers outpaced the broader stock market

Some legal cannabis growers in Washington state who were ordered to halt operations in April over concerns about pesticide contamination are getting back to business

A government audit has found that the U.S. agency charged with keeping the roads safe is slow to investigate automobile safety defects, limiting its ability to handle rapidly changing or severe risks

George Santos described criminal charges against him as a “witch hunt” in a defiant press conference following his arrest on Wednesday. The New York congressman spoke outside a federal courthouse after being arraigned on charges of fraud, theft of public funds and money laundering. “It’s a witch hunt,” he told a crowd of reporters. “I’m gonna fight my battle, I’m gonna deliver, I’m gonna fight the witch hunt, I’m gonna take care of clearing my name,” he said, adding that he was planning to run for reelection. The 34-year-old congressman for New York’s third district, who won his election after a campaign that was littered with lies about his past, was arrested shortly after 9am after turning himself in to authorities. In the 13-count indictment, federal prosecutors accused Mr Santos of lying on financial disclosure forms he filed to the House when he became a candidate, first by overstating his income from one job and failing to disclose income from another, and secondly by lying about his earnings from his company, the Devolder Organization. Prosecutors also allege that Mr Santos fraudulently used donations to his political campaign for his own benefit, spending “thousands of dollars of the solicited funds on personal expenses, including luxury designer clothing and credit card payments.” The indictment alleges that Mr Santos’s fraud began before his successful run for Congress, accusing him of running an unemployment insurance fraud scheme in which he applied for government assistance in New York while still employed by a Florida-based investment firm. “Taken together, the allegations in the indictment charge Santos with relying on repeated dishonesty and deception to ascend to the halls of Congress and enrich himself,” Breon Peace, the US attorney for the Eastern District of New York, said in a statement. Mr Santos pleaded not guilty to the charges and was released on a $500,000 bond following his arraignment, which lasted for around 15 minutes. His lawyer said that the congressman surrendered his passport to the court. Mr Santos could face up to 20 years in prison if convicted. Read More Here are the 13 counts New York Rep. George Santos faces George Santos pleads not guilty to duping donors, stealing campaign cash to burnish wealthy image George Santos pleads not guilty to 13 charges – live

Several Credit Suisse bankers focused on private financing in Southeast Asia are leaving the firm, joining an exodus

(Reuters) -Apple is pulling the plug on its credit-card partnership with Goldman Sachs Group, the Wall Street Journal reported on

A New York state judge on Thursday rejected a bid by Uber Technologies Inc, DoorDash Inc and other

SEOUL, South Korea--(BUSINESS WIRE)--Jun 20, 2023--

The decline in China’s industrial profits eased in July, though the slowing economic recovery and deflation risks remain

By Safiyah Riddle Rates on the most popular U.S. home loan hit the highest level since 2001 on

French defence and technology group Thales said on Wednesday it started talks to buy French supplier of airborne

Americans 60 and older can get a new RSV vaccine but should discuss it with their doctor first