Nathan Hager
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But the agency now plans to shift to a network of 34 larger sites, mostly industrial warehouses, all owned by the Department of Homeland Security.
The move would be a major expansion of immigrant detention.
It could also be a blow to the prison industry.
Both Geo and CoreCivic get close to half their revenue from ICE contracts.
In Washington, I'm Nathan Hager, Bloomberg Radio.
And I'm Karen Moscow.
Well, as far as his domestic agenda, Nathan, President Trump is declaring victory in the fight over cost of living concerns.
He paid a visit yesterday to the crucial battleground state of Georgia.
This signals a new approach by the president.
He denied problems with his economic agenda while touting stock market gains to insist that his tariff plans have been a success.
All right, Tiwa, thank you.
While there's more fallout from the Jeffrey Epstein case here in the U.S., the late sex offender's estate has agreed to pay up to $35 million to resolve all outstanding legal claims from women who have not already reached settlements.
This proposed settlement covers at least 40 women who say they were sexually abused or trafficked by Epstein between 1995 and August 10, 2019, the day he was found dead in his jail cell.
Their lawsuit was originally filed in 2024 against the Epstein estate's two co-executors, his longtime lawyer Darren Indyke and accountant Richard Kahn.
Both men have not been accused of abusing women or witnessing abuse.
They've denied all liability to Epstein's victims and agreed to the settlement terms without admitting fault.
A federal judge still has to approve the deal.
Well, Nathan, let's turn to the markets now and futures.
They've erased their gains as we close out the trading week.
And Company News Netflix says its proposed acquisition of Warner Brothers Discovery will lead to more films in movie theaters.