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ABC News settles Trump defamation lawsuit for $15 million

ABC News pays $15M to settle Trump’s defamation lawsuit over false rape liability claim made by George Stephanopoulos.

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ABC News is settling a defamation lawsuit with Donald Trump for $15 million.

The lawsuit stemmed from comments made by anchor George Stephanopoulos, who inaccurately stated that Trump was found liable for rape during an interview.

The settlement will be contributed to Trump’s presidential foundation or museum and includes $1 million for legal fees.

ABC issued a public apology on its website, expressing regret for the statements made by Stephanopoulos during the March 10 broadcast of “This Week.”

Trump filed the lawsuit shortly after the interview aired.

Lawsuit dismissed

An ABC spokesperson announced that both parties have agreed to dismiss the lawsuit.

In a related case in 2023, Trump was found liable for sexually abusing writer E. Jean Carroll and ordered to pay her $5 million in damages.

In 2024, a jury ordered Trump to pay an additional $83 million for defaming Carroll by claiming she fabricated the assault to gain publicity.

Trump is currently appealing both of those verdicts.

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December rate cut all but locked in

Australia’s economy struggles; rate cut impending but signals deeper issues, not recovery. #RBA #InterestRates #FinanceNews

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Australia’s economy struggles; rate cut impending but signals deeper issues, not recovery. #RBA #InterestRates #FinanceNews


Australia’s economy is losing steam, with weak consumer confidence, falling job ads, and a struggling construction sector, a December rate cut now seems inevitable. But it won’t be a win, it’ll be a warning.

#RBA #InterestRates #AustraliaEconomy #Inflation #Growth #Recession #FinanceNews #CPI #Economy #RateCut


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Meta and Amazon signal ‘AI efficiency era’

Meta and Amazon cut jobs to enhance automation, signaling the start of a new AI discipline era.

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Meta and Amazon cut jobs to enhance automation, signaling the start of a new AI discipline era.


The AI boom is shifting gears, Meta and Amazon are cutting jobs to boost automation, profitability, and focus.

Analysts say this marks the dawn of an AI discipline era.

#AI #Meta #Amazon #BradGastwirth #BigTech #Automation #TechJobs #AIRevolution #EfficiencyEra #FutureOfWork


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Trump signals trade deal with China nearing

Trump claims a China trade deal is nearing completion amid new agreements across Asia.

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Trump claims a China trade deal is nearing completion amid new agreements across Asia.


President Donald Trump says a trade deal with China is close as he finalises new agreements across Asia.

Talks with Xi Jinping are expected to deliver key breakthroughs in trade and diplomacy.

#Trump #China #TradeDeal #USAsia #XiJinping #Economy #Diplomacy #TradeTalks #WhiteHouse #GlobalMarkets


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