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Northwestern University president says he will resign following tenure marked by White House tension
Northwestern University President Michael Schill said Thursday that he will resign, ending a three-year tenure marked by the freeze of hundreds of millions of dollars in federal funding by the Trump administration and heated criticism from House Republicans over the university's response to campus protests.The funding freeze and uncertainty over its finances contributed to Northwestern’s decision to lay off around 200 people over the summer.
In a statement announcing his resignation, Schill acknowledged the pressure from the White House.
“It is critical... Read More
Justice Department probes mortgage fraud claims against Lisa Cook of Federal Reserve, AP source says
WASHINGTON (AP) — The Justice Department has issued subpoenas as part of an investigation into mortgage fraud allegations against Lisa Cook, who is fighting a Trump administration effort to remove her from her role as a Federal Reserve Governor.A person familiar with the matter confirmed that subpoenas had been sent in connection with the probe, which was first reported by The Wall Street Journal.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.
WASHINGTON (AP) —
The U.S. Justice Department urged a federal judge on Thursday... Read More
Americans would save $100B if credit card rates were capped as Trump proposed, researchers say
NEW YORK (AP) — Americans would save roughly $100 billion a year in interest costs if President Donald Trump’s campaign proposal to cap credit card interest rates at 10% were implemented, according to a paper published by Vanderbilt University on Thursday.Further, the banks and credit card companies would be able to withstand, and even still be profitable, if there were to be a national cap on interest rates. While limited in scope, the paper gives some academic backing to President Trump’s campaign promise.
The paper found that banks would still be able to earn... Read More
New York attorney general asks court to reinstate President Trumpâs massive civil fraud penalty
NEW YORK (AP) — New York’s attorney general moved Thursday to have the state’s highest court reinstate President Donald Trump’s staggering civil fraud penalty, appealing a lower-court decision that slashed the potential half-billion dollar penalty to $0.Attorney General Letitia James’ office filed a notice of appeal with the state’s Court of Appeals, seeking to reverse the mid-level Appellate Division’s ruling last month that the penalty violated the U.S. Constitution’s ban on excessive fines.
James, a Democrat, had previously said she would appeal.
Most enduring and biggest iceberg breaks apart, with more splintering to come in its death spiral
The world's largest and most enduring iceberg is splintering into smaller pieces, to the point that it's no longer the biggest chunk of ice floating in the oceans.The shrinking megaberg, known as A23A, is unlikely to survive through the end of November and may face a sudden and spectacular collapse like an avalanche of ice at sea, said University of Colorado ice scientist Ted Scambos.
“It's an interesting thing to watch, certainly not unprecedented," Scambos said Thursday in an interview with The Associated Press. “But every time these happen, it’s sort of a big... Read More
Top Stories
- Northwestern University president says he will resign following tenure marked by White House tension
- Justice Department probes mortgage fraud claims against Lisa Cook of Federal Reserve, AP source says
- Rubio says US is designating 2 more gangs as foreign terrorist groups
- DC lawsuit challenges Trump's National Guard deployment as a forced 'military occupation'
- Trump's Fed nominee says he'd keep his White House job even if confirmed by the Senate
- LSD shows promise for reducing anxiety in drugmaker's midstage study
- If Trump's biggest tariffs get thrown out, companies could get a refund - but not consumers
- Trump says US would be on 'brink of economic catastrophe' unless justices rule his tariffs are legal
- Kennedy appears before Senate committee amid CDC turmoil
- Portuguese investigators search for cause of Lisbon streetcar crash that killed 16
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Entertainment
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Sports
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