George Stephanopoulos, the prominent host of This Week on ABC News, may be out of a job after a defamation settlement involving former President Donald Trump. The deal, authorized by Disney CEO Bob Iger, includes a $15 million payout to Trump, plus an additional $1 million to cover Trump’s legal fees. This settlement stems from a defamation lawsuit filed by Trump earlier this year after Stephanopoulos inaccurately claimed that Trump was “found liable for rape” in the E. Jean Carroll case.
Italian Prime Minister Giorgia Meloni has openly defended her friendship with US tech billionaire Elon Musk, asserting that her personal connection with him does not influence her duties as Italy’s leader. Speaking in Parliament, Meloni made it clear that her government remains independent, despite her relationship with Musk, and she emphasized that she would not be swayed by his economic interests.
A $70 million furniture manufacturing plant planned by SBA Home, a Lithuanian company that produces furniture for IKEA, will bring 250 new jobs to Mocksville, North Carolina, thanks to significant state and local incentives. The North Carolina Economic Investment Committee approved a $1.4 million job development investment grant, to be distributed over the next 12 years, while Mocksville and Davie County contributed $800,000 in incentives to support the project.
The push for full federal recognition of the Lumbee Tribe of North Carolina has taken a significant step forward with the U.S. House of Representatives passing the Lumbee Fairness Act. The bill, which aims to provide federal services and benefits to the Lumbee people, passed with a vote of 311-96 on Tuesday. While the bill received broad support, it also saw opposition from Reps. Virginia Foxx (R-N.C.) and Chuck Edwards (R-N.C.). Notably, Reps. Patrick McHenry (R-N.C.) and Wiley Nickel (D-N.C.) did not vote.
PolitiFact, the far-left outlet often criticized for its bias, has announced its "Lie of the Year," and unsurprisingly, it’s another attack on Donald Trump. The organization, which has a history of defending Democrats and the corporate media, has chosen to focus on a narrative involving Trump and his running mate spreading a story about Haitian immigrants eating pet dogs and cats in Springfield, Ohio.
Rep. Thomas Massie (R-KY) has become the first Republican to publicly announce he will not support Speaker Mike Johnson (R-LA) in the upcoming January speakership vote, following backlash over a massive spending bill released Tuesday evening. The bill, a 1,537-page continuing resolution (CR), has sparked outrage among conservative lawmakers, who argue it contradicts the mandate given by voters in the November elections.
The Federal Reserve made its third consecutive interest rate cut on Wednesday, reducing its benchmark rate by a quarter of a percentage point. The move, widely anticipated by investors and financial markets, brings the federal funds rate to a target range of 4.25 percent to 4.50 percent. Since beginning its rate cuts in September, the Fed has now lowered rates by a total of 100 basis points, or one percentage point.
Russia’s Federal Security Service (FSB) announced Wednesday the detention of a suspect in connection with the killing of Lt. Gen. Igor Kirillov in Moscow....
The Biden administration’s Energy Department released a report that could complicate President-elect Donald Trump’s plans to promote liquefied natural gas (LNG) exports.
