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.
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.
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.
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 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.
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.
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.
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.