The official X account for Ford Motor Company was reportedly compromised on Monday, resulting in the posting of inflammatory messages, including one labeling Israel a "terrorist state."
Senate Democrats in Washington are advocating for new taxes to address a looming $16 billion budget shortfall, as revealed in a leaked email sent by Sen. Noel Frame (D-Seattle). The email, sent shortly after Governor Jay Inslee’s announcement of the shortfall, outlines additional taxes beyond those proposed by Inslee, which include a new wealth tax, a temporary 20% business surcharge, and an increase in business and occupation (B&O) tax rates.
Ford Motor Co. announced Monday it is donating $1 million and a fleet of vehicles to support President-elect Donald Trump's upcoming January inauguration.
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.
Defense attorneys for former Illinois House Speaker Michael Madigan and codefendant Michael McClain are set to begin presenting their case Wednesday in a corruption trial that has captured significant attention. The trial, which involves 23 counts of bribery, racketeering, and official misconduct, centers around the alleged "Madigan Enterprise" scheme in which utilities like ComEd and AT&T Illinois allegedly provided no-work jobs and contracts to individuals loyal to Madigan in exchange for favorable legislation in Springfield.
