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Former Senator Bob Menendez has begun his 11-year prison sentence for political corruption at a federal facility in Pennsylvania. Convicted of acting as an agent of a foreign government, Menendez faces a starkly different reality after a career marked by influence and power. His fall from grace has sent ripples through New Jersey's political landscape.
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Federal Reserve officials are grappling with new economic data indicating a potential slowdown due to Trump administration policies and trade uncertainties. Retail sales and industrial production have unexpectedly contracted, while homebuilder sentiment has declined.
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Warburg Pincus may acquire a majority stake in Nuvama Wealth Management as PAG looks to sell its 54% holding, valued at $1.6 billion. JPMorgan and Morgan Stanley are advising on the potential transaction, according to reports.
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News and Media
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