A Defiant Trump Is Sentenced in Hush-Money Case

目中无人的特朗普在封口费案中被判刑

WSJ What’s News

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2025-01-11

13 分钟
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P.M. Edition for Jan. 10. Donald Trump has become the first former U.S. president to be sentenced for a crime—in this case, falsifying business records. WSJ courts reporter Corinne Ramey weighs in on why this sentence matters. And a strong jobs report is good news about the health of the economy, but sends stocks trending downward. Reporter Paul Kiernan lays out what this could mean for the Federal Reserve’s next steps. And why this weekend could be critical for the effort to contain the wildfires around Los Angeles. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices
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  • Donald Trump becomes the first former president to be sentenced for a felony.

  • In some ways, it's largely symbolic.

  • There's no punishment.

  • There's not even a minimal fine or anything like that.

  • In other ways, it matters because it cements his status of a felon.

  • And a better than expected jobs report is good news for the economy, but not necessarily the stock market.

  • Plus, why this weekend could be critical for fighting the wildfires in Los Angeles.

  • It's Friday, January 10th.

  • I'm Alex Osila for the Wall Street Journal.

  • This is the PM edition of what's News, the top headlines and business stories that move the world today.

  • Today was a big down day for U.S.

  • stocks.

  • All three major indexes fell more than 1 1/2 percent, with the Dow losing nearly 700 points and the S&P 500 seeing all of its 2025 gains out.

  • The big reason the Labor Department's jobs report came with stronger than expected numbers this morning.

  • Last month, the U.S.

  • economy added 256,000 jobs, about 100,000 more than economists had anticipated.

  • The unemployment rate was 4.1%, slightly lower than expected.

  • Paul Kiernan, who covers the U.S.

  • economy for the Wall Street Journal, is here to tell us more about what this means.