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James Comey Indicted: Trial Date Set, Legal Battles Emerge

by Priya Shah – Business Editor October 8, 2025
written by Priya Shah – Business Editor

Comey Trial Date Set for January 5th in Case Stemming from Trump Request

Former FBI​ Director James Comey pleaded not guilty on‍ Wednesday to ⁢federal criminal ‌charges that President Donald ⁤Trump had previously requested‍ be brought against⁢ him.‍ U.S. District judge Michael Nachmanoff scheduled the trial ⁢to begin⁤ on January 5th in Alexandria, Virginia.

Comey’s attorney, Patrick Fitzgerald, and prosecutors anticipate⁢ the trial will last between ⁤two and three days. The charges stem from‍ accusations ⁢that Comey made a false statement⁢ and obstructed ⁣a congressional proceeding during testimony before a ⁣Senate‍ committee‍ in 2020.

The ​case is being ‍handled​ by two federal prosecutors from North Carolina,a⁣ detail observers note ‍suggests difficulty for interim U.S. Attorney for the Eastern ⁤District of Virginia, Lindsey Halligan, ‍in⁣ securing prosecutors from her own​ office.⁢ Halligan was appointed by Trump following the‌ resignation of her predecessor, Erik siebert, reportedly due to Siebert’s⁣ reluctance ⁢to pursue a grand jury⁢ indictment of Comey.

Fitzgerald informed Judge Nachmanoff on Wednesday that Halligan’s appointment was “unlawful,” according to NBC‌ News.He also stated his‌ intention to file motions alleging “abuse” of ⁣the ⁢grand jury and “outrageous government conduct” related to the indictment.

Both Nachmanoff ​and Fitzgerald challenged the‍ prosecution’s assertion that the case would​ be complex and involve ‍a ​significant amount of classified details. ‌”We⁤ view this as a simple case,” Fitzgerald stated, as reported by NBC. Nachmanoff echoed this sentiment, ⁤saying, ‌”This does not⁤ appear to me to be an overly complicated case.”

The judge cautioned prosecutors⁤ against ⁢delaying the proceedings⁤ due to slow evidence disclosure, emphasizing the prosecution’s obligation to promptly provide⁢ finding materials to the defence.He ‌warned,”The government ‌is going to be under an enormous amount of pressure‍ to figure out what⁤ actions need to be done here.”

Following ‌his indictment in ‌late september, Comey released ⁢an Instagram⁢ video stating, “I am not afraid.” He continued, “My family and I have ‍known for years‌ that there are costs to standing up to Donald trump…But we couldn’t imagine ourselves living any ‍other way. We⁣ will not‌ live ​on our knees and you shouldn’t either.”

The charges relate ⁢to Comey’s testimony on September 30, ‍2020, before the Senate Judiciary Committee, where he denied authorizing ⁤someone else at‌ the FBI to​ be an anonymous source in news reports concerning ⁣a probe into ⁤Hillary‌ clinton’s emails during the 2016 presidential campaign.

October 8, 2025 0 comments
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News

Trump Administration Halts $2.1B in Chicago Transit Projects

by Emma Walker – News Editor October 3, 2025
written by Emma Walker – News Editor

Trump Management Halts Chicago Infrastructure ​Funding Over Sanctuary City Policies

Washington D.C. – October 3, 2024, 1:46 PM EDT – The Trump administration has frozen‍ federal infrastructure funds earmarked⁢ for Chicago, citing the cityS “sanctuary‍ city” policies as the reason for ⁢the action. Russell Vought, ⁣the former ⁢Director of the Office of Management and Budget, confirmed the decision today, escalating a long-running dispute over immigration enforcement and federal funding.

The move impacts millions of dollars in potential infrastructure projects, jeopardizing planned improvements​ to Chicago’s transportation network and other critical public works. This action represents a renewed effort by the ‌administration to leverage federal funding to compel ​cities to cooperate with federal immigration ⁣authorities. The city⁢ of Chicago has consistently ‌maintained its commitment to welcoming immigrants and ​limiting local law enforcement involvement in federal immigration enforcement efforts.

Vought ⁢stated the administration ⁤is acting ‍to enforce existing ‍policies regarding federal‍ funding eligibility for municipalities that actively ⁢obstruct federal immigration laws. “we are⁢ freezing funds consistent with the president’s direction,” Vought said. “chicago’s policies are in direct violation of federal law, and we will not allow taxpayer dollars to⁤ subsidize defiance of‌ immigration enforcement.”

The specific‌ amount⁤ of⁢ funding ⁢currently ​frozen remains unclear,‌ but sources indicate it encompasses ‌grants and potential loans for various⁢ infrastructure initiatives. City‍ officials have not yet released a extensive list of affected projects. The administration’s action follows repeated warnings to Chicago and other sanctuary ⁣cities regarding potential‌ funding cuts.‍

This decision⁢ arrives⁣ amidst ongoing debate over immigration policy⁤ and the role of federal funding in influencing local practices. The administration ‌has previously attempted to withhold funds from other cities with‌ similar policies,facing legal challenges ‌in ‌some ⁣instances. The city⁢ of Chicago is expected to challenge the funding freeze in court.

October 3, 2025 0 comments
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News

Apple Removes ICEBlock App Amid Immigration Controversy

by Emma Walker – News Editor October 3, 2025
written by Emma Walker – News Editor

Apple Removes⁤ ICE Tracking App ICEBlock Following calls for Action

Apple has removed the⁢ ICEBlock⁢ app from its⁤ App ​Store ⁢after pressure from officials connected‍ to the Trump governance, according ⁣to‍ a statement from Bondi, a‌ representative​ of the Department of Justice, ⁤on Thursday. Bondi⁣ stated, “We reached out to Apple today demanding they remove ​the ICEBlock app from their ⁤App Store – and ‍Apple did so.” She further emphasized, “ICEBlock⁢ is designed⁣ to put ICE agents ‍at risk just⁤ for doing their jobs, and violence against law enforcement is​ an ⁢intolerable red line that cannot be crossed.” Bondi affirmed the Department of justices ‌commitment to protecting ⁤federal law enforcement officers.

The ICEBlock⁣ app,launched in April‍ and available for free,allowed⁤ users to track the ‌locations of Immigration and Customs Enforcement⁢ (ICE) agents. Its removal follows heightened concerns about the safety of law enforcement personnel.

Tom Homan, former border czar under the Trump administration, indicated that those responsible for creating and distributing​ the ​app may face ⁢investigation, stating in a Fox ⁣News interview, “They’re gonna investigate these⁢ people who put these ⁤apps up – because it puts ⁣law enforcement at​ great risk.”

The controversy surrounding ICEBlock escalated after White House Press ‌Secretary Karoline Leavitt noted on X (formerly Twitter) last week that‍ the individual‍ who opened ​fire at an ICE ‍facility ⁢in Dallas on September 24 had been utilizing the app.

ICEBlock ⁤briefly rose to become the top social ⁣networking app in the App Store after Leavitt publicly condemned it during a White​ House​ press ⁣briefing‍ on June 30. CNN reported on the ‌app the ‌same⁢ day, quoting its creator, joshua Aaron, who stated he developed ICEBlock in response to ‌escalating deportation efforts under the Trump administration. ‍aaron reportedly⁤ said, “When I saw what was⁢ happening‍ in this country, I ⁤wanted⁣ to do something⁢ to fight back,” and drew parallels ⁢between current immigration enforcement and ​Nazi Germany, stating, ‌”We’re literally watching history ⁢repeat itself.”

ICE’s acting director, Todd Lyons, released⁣ a ​statement‍ on June 30, calling the app “sickening” ⁢and ⁤stating, “Advertising an app that basically paints a target on federal law enforcement officers’ backs is…like ​inviting⁣ violence ‌against them ⁢with a national ‌megaphone,”‌ noting⁣ a 500% increase in assaults on ICE officers.

Aaron, in a ‌subsequent interview with NBC days later, dismissed the criticism as⁢ “another ​right-wing ‌fearmongering scare⁢ tactic,” asserting the app was designed to assist individuals fearful of deportation. He cited his Jewish upbringing ‌and encounters with ⁢Holocaust survivors‌ as informing his perspective, stating, “the‌ parallels that we can draw between ⁢what’s happening ‌right now in our ⁤country and Hitler’s rise to power are undeniable.”

CNBC has reached out to Joshua Aaron⁣ for comment.

October 3, 2025 0 comments
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World

How badly do U.S. buyers really want EVs? We’re about to find out

by Priya Shah – Business Editor September 29, 2025
written by Priya Shah – Business Editor

EV Demand Faces Reality Check as Tax Credits End, Production Adjustments Mount

DETROIT – September⁣ 29, 2025 – The U.S. electric⁤ vehicle market is poised for a critical test as federal tax credits for many EV purchases expire, coinciding with ‍production adjustments from major automakers signaling a potential slowdown⁢ in the rapid growth of EV adoption.

Honda has announced it will end U.S.⁤ production of its Acura ZDX electric crossover, previously manufactured by GM in Tennessee. This decision comes as GM itself implements downtime at plants, ⁤cuts upcoming production shifts,⁤ and slows the rollout‌ of several EV models.

Other manufacturers are also recalibrating their EV strategies. volkswagen, Porsche, and Rivian Automotive have all announced changes to their EV plans or ​reductions ⁣in workforces related to electric vehicles.

“EVs are not going away … but⁤ it’s not going to be a linear‌ increase that we’ve ‍seen over the last couple years, like we’re in‍ for a short-term dip,” said Steve Horaney, senior vice president of ‌the MEMA Original Equipment Suppliers, during the Move America event on wednesday.

Despite the shifting landscape, new EV models are still slated for release. Nissan is preparing to launch a ‍redesigned Nissan Leaf – the first mainstream ⁢EV offered in the U.S., initially released in ‍2010.​ Nissan officials acknowledge the timing of ⁤the tax credit expiration alongside the Leaf’s fall release is “tough,” but believe the vehicle’s starting price of around $30,000 will remain attractive to buyers.

Industry analysts suggest that‌ more affordable EVs will be crucial⁤ for sustaining consumer interest​ following the elimination of the tax credits. “The arrival of truly affordable models is so critical,”⁤ said Valdez Streaty, adding ⁢that upcoming EVs from GM and ⁢Ford Motor “could ‍reshape the market.”

September 29, 2025 0 comments
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World

Mortgage Rates Fall, Demand Stalls Amid Fed Rate Cut

by Priya Shah – Business Editor September 27, 2025
written by Priya Shah – Business Editor

Mortgage Demand Pauses Despite Falling Rates

Mortgage demand experienced a stall last week, despite a further dip in interest rates, following a important 58% jump in refinance applications the prior week.According to the Mortgage Bankers Association (MBA),total submission volume edged up just 0.6% week-over-week.

The average contract interest rate for 30-year fixed-rate mortgages (conforming loan balances of $806,500 or less) decreased to 6.34% from 6.39%, with points rising to 0.57 from 0.54. this represents the lowest rate seen as September 2024. Though, the week was marked by volatility; rates initially fell to a three-year low early in the week, influenced by the 10-year Treasury yield, before rising approximately 0.25% following the Federal Reserve’s rate cut declaration.

Refinance demand, while still elevated after the previous week’s surge, only increased by 1% for the week. Though, it remains a ample 42% higher than the same period last year.

Mike Fratantoni, senior vice president and chief economist at the MBA, noted that while rates have generally risen post-FOMC meeting, they remain at a level conducive to increased refinance activity. he highlighted that refinance volume is now 80% higher than four weeks ago, representing over 60% of all application activity, with a significant boost coming from government applications, particularly VA refinance volume which jumped almost 15%.

Purchase applications remained largely unchanged, increasing by a mere 0.3% for the week, but are still 18% higher year-over-year. Fratantoni added that despite the typical seasonal slowdown in fall, purchase activity remains surprisingly robust.

Demand for adjustable-rate mortgages (ARMs), which had seen a surge as borrowers sought lower monthly payments, retreated last week.

Looking ahead, mortgage rates have remained relatively stable at the start of this week, according to Mortgage News Daily, due to a lack of significant economic data. While speeches from Federal Reserve officials,including Chair Jerome Powell,offered no deviation from previous policy statements,some traders were relieved that Powell didn’t reiterate points from last week’s announcement that had previously pushed rates higher.

September 27, 2025 0 comments
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World

Trump Demands Firing of Microsoft’s Lisa Monaco

by Lucas Fernandez – World Editor September 27, 2025
written by Lucas Fernandez – World Editor

WASHINGTON – Former President Donald Trump on ‌Friday called for Microsoft to terminate Lisa O. ‌Monaco, a global affairs head at the company ⁣who ⁢previously served as U.S. ​Deputy Attorney General under⁢ the Biden‍ management. The demand, posted on Trump’s Truth Social account,‌ wich has 10 million⁣ followers,⁤ came a day after former FBI director James Comey⁣ was indicted following Trump’s calls for ⁢his ⁣prosecution.

Trump asserted, “She is a menace to U.S.​ National Security,especially⁢ given the major contracts that Microsoft⁢ has with the United States⁢ Government.” ⁢He further claimed, ⁣”Because of Monaco’s many wrongful ‌acts, the U.S. Government recently ⁣stripped her of​ all Security Clearances, took away all of her access to National Security Intelligence, and banned ​her from all ⁤Federal Properties.” These ‍claims have not been ‌independently verified.

Microsoft declined to comment on Trump’s request.

Monaco joined⁤ Microsoft in July, according to ​her LinkedIn profile. Prior ‍to that, she served⁤ as Deputy ⁢Attorney General, overseeing the Department‍ of Justice’s antitrust lawsuit against⁣ Live Nation Entertainment announced May‍ 23, 2024.

The call for Monaco’s firing follows recent⁢ actions by Microsoft, including ‌a⁤ decision‌ on Thursday​ to cut off cloud-based storage and artificial intelligence⁤ subscriptions to a unit of the Israeli military‌ after investigating claims ​of​ a system ‌used to track Palestinians’ phone calls. Earlier this ⁤month,Microsoft agreed to offer $3.1 billion in‌ savings on cloud ​services for U.S.government agencies. Microsoft’s ‍cloud⁤ infrastructure and productivity software are utilized by various parts of the U.S. government.

Trump is ⁤scheduled to meet with⁣ Israeli Prime Minister Benjamin Netanyahu on ​Monday, according to NBC News. Microsoft CEO⁤ Satya Nadella recently attended a dinner ⁤with other technology executives at the White House earlier this month.

September 27, 2025 0 comments
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