Former President Donald Trump has been indicted in criminal proceedings, becoming the first former U.S. president to face criminal charges.
U.S. media outlets report that Trump faces dozens of counts related to business fraud in a Thursday indictment from a Manhattan grand jury.
The charges are not known, as the indictment has been filed under seal, but reports say that it is in connection with Trump's alleged role in a hush money payment scheme and cover-up involving adult film star Stormy Daniels.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.