Here is what you need to know on Friday, May 17: Following the sharp decline seen after April inflation data on Wednesday, the US Dollar Index managed to stage a modest rebound on Thursday and closed the day in positive territory. On Friday, Eurostat will release revisions to April Harmonized…

Pump.fun, the popular tool for launching meme coins on Solana, suffered an exploit on Thursday that left the protocol compromised, and prompted its leadership to temporarily shut the site down. All the while, the apparent attacker behind the stunt gloated about it online. The attack appeared to target accounts, called…

The Biden administration plans to speed up court cases for some recently arrived migrants who are seeking asylum, marking the latest move to address arrivals at the US-Mexico border, according to senior administration officials. The Department of Homeland Security and Justice Department announced Thursday a new court docket targeting migrants…

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Donald Trump finally had a good day in court. The presumptive GOP nominee has often seemed embarrassed and infuriated by his first criminal trial, which has featured salacious exposés of his personal life and details of his alleged attempts to cover it up. But on Thursday, he got to savor his former fixer-turned-enemy Michael Cohen wobbling on the stand under a fearsome cross-examination. Cohen appeared to be tripped up over an account of a call he’d previously said under oath was to discuss Trump’s hush money payment to adult film Star Stormy Daniels. It emerged under questioning on Thursday that,…

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President Joe Biden on Thursday signed a bipartisan Federal Aviation Administration reauthorization bill, enacting a law that aims to improve aviation safety and strengthen protections for passengers and airline workers.…

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