Financial

Prosecution Concludes Corruption Trial Against Former Illinois House Speaker Michael Madigan

The prosecution concluded its case on Wednesday in the federal corruption trial of former Illinois House Speaker Michael Madigan, setting the stage for closing arguments in the coming days.

Washington State Weighs One Percent Wealth Tax

Washington Governor Jay Inslee (D) proposed a wealth tax designed to increase the state's revenue.

Beethoven, Famous Composers, and sacred Christmas music – American Minute with Bill Federer

Many famous composers wrote classic Christmas music. In 1741, George Frideric Handel wrote his oratorio Messiah. In 1734, Johann Sebastian Bach wrote his Christmas Oratorio. Twenty years after composer Bach died, Ludwig van Beethoven was born in Bonn, Germany, and...

Congress to Vote on New Restrictions for U.S. Investments in China

Congress is preparing to vote on legislation that would restrict U.S. investments in China as part of a broader government funding bill, lawmakers announced Tuesday.

U.S. Government to Pay $116 Million to Settle Abuse Claims at California Federal Prison

The U.S. government has agreed to pay nearly $116 million to settle lawsuits brought by over 100 women who suffered sexual abuse and mistreatment at the now-closed Federal Correctional Institution (FCI) in Dublin, California.

Los Angeles County to Cancel $2 Billion in Medical Debt For Residents

Los Angeles County has announced a program to cancel $2 billion in medical debt for residents.

AG Merrick Garland Faces Congressional Probe Over Crescent Dunes Solar Scandal

Attorney General Merrick Garland is under scrutiny from Congress as Republican lawmakers ramp up investigations into his Department of Justice (DOJ) over an alleged coverup tied to the Crescent Dunes solar energy project in Nevada. The project, which received hundreds of millions in federal grants during the Obama administration, has been plagued by technical failures, financial troubles, and environmental concerns. Now, questions are being raised about the DOJ’s involvement in a qui tam lawsuit that was abruptly dismissed after initially being supported by the government.

Democrat Run Columbia College Chicago to Eliminate 11 Degree Programs, Lay Off 25 Faculty Members

Columbia College Chicago will eliminate 11 degree programs and lay off up to 25 full-time faculty members starting in the 2025-26 school year, as part of a strategy to address ongoing financial difficulties.

Watchdog Group ‘Fix the Court’ Under Fire for Paying Director 96% of Its Revenue

The nonprofit Fix the Court, an organization advocating for Supreme Court reforms under the banner of “ethics” and “transparency,” is facing backlash for questionable financial practices. Fiscal 2023 financial disclosures reveal the group paid its director, Gabe Roth, a salary amounting to 96% of its annual revenue.

Chrystia Freeland Resigns Over Trudeau Dispute, Trump Tariff Threats

Canadian Deputy Prime Minister Chrystia Freeland has stepped down, citing a clash with Prime Minister Justin Trudeau over how to handle President-elect Donald Trump’s proposed 25% tariffs on Canadian imports.

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