US economy expands at 4.3% annual rate in the third quarter, fastest in 2 years
But economists caution that persistent and potentially worsening inflation could make a January interest rate cut from the Fed less likely.
Associated Press
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Carlisle to step down as National Basketball Coaches Association president
The 66-year-old Carlisle is one win from the 1,000th of his coaching career. He spoke very highly of his soon-to-be replacement.
Instacart ends a program where users could see different prices for the same item at the same store
A recent report by consumer advocacy agencies said Instacart offered nearly three out of every four grocery items to shoppers at multiple prices as part of an experiment.
US regulators approve Wegovy pill for weight loss, giving Novo Nordisk an edge over Lilly
Novo Nordisk’s Wegovy pills are expected to be available within weeks, while Indianapolis-based Eli Lilly and Co. waits for approval for its daily GLP-1 pill, orforglipron.
Most US adults aren’t making year-end charitable contributions, poll finds
December serves as a deadline of sorts for donors, with the National Philanthropic Trust estimating that nearly one-third of annual giving happens in the final month.
Trump’s return brought stiff headwinds for clean energy. So why are advocates optimistic in 2026?
Solar and storage accounted for 85% of the new power added to the grid in the first nine months of the Trump administration. Experts say that’s because demand is high and the technologies can be deployed quickly.
Walmart, other US companies want to build pipeline of skilled tradespeople
The nation’s largest retailer and private employer revamped its training program last year to increase its pipeline of maintenance technicians.
Canada, United States to launch formal talks to review their trade agreement
The United States-Mexico-Canada trade pact, or USMCA, is up for review in 2026. U.S. President Donald Trump negotiated the deal in his first term and included a clause to possibly renegotiate the deal in 2026.
TikTok signs deal to form new unit that would ensure continued US operations
The U.S. venture will have a new, seven-member majority-American board of directors. It will also be subject to terms that “protect Americans’ data and U.S. national security.”
No. 1 IU locks up key assistant football coaches with big contract extensions
The latest move keeps two-time AP Coach of the Year Curt Cignetti and two of his most loyal and dependable assistants together for several seasons.
Martin University terminates staff, says it can’t pay them; encourages students to transfer
A week after Martin University announced it would “pause operations” at the end of the semester, the university terminated all staff and is encouraging students to transfer to other local colleges.
Trump signs executive order that would reclassify marijuana as less dangerous drug
Reclassification by the Drug Enforcement Administration would not make it legal for recreational use by adults nationwide, but it could change how the drug is regulated and reduce a hefty tax burden on the cannabis industry.
US jobless claim applications fell by 13,000 last week as layoffs remained low
The November job gains were higher than the 40,000 economists had forecast.
Postal service plans to open last-mile delivery network to more shippers in money-raising move
The goal is to diversify and boost revenue through the postal carriers’ final leg of delivery to millions of individual homes and businesses.
Hyundai and Kia to repair millions of vehicles under deal to fix anti-theft technology
Under the nationwide settlement, the companies will offer a free repair to all eligible vehicles at a cost that could top $500 million and outfit all future vehicles sold in the U.S. with a key piece of technology.
Last US cents sold at auction were worth a pretty penny—$16.7M
The 232nd set—containing the last three pennies ever made—sold for $800,000. That bidder also got the three dies that struck those Lincoln cents.
IU’s Curt Cignetti becomes first back-to-back winner of AP football coach of the year
Cignetti was a landslide winner for coach of the year in voting by the nationwide panel of 52 media members who cover college football.
Former IU Indy men’s basketball players sue trustees and campus, allege abuse by fired head coach
In the suit, the players allege they suffered measurable losses, including a loss of value of their scholarships, loss of academic and employment positions, physical injury and emotional harm.
Ford scraps fully-electric F-150 Lightning as mounting losses, falling demand hit EV plans
The Detroit automaker has lost $13 billion on EVs since 2023 and said it expects to take a $19.5 billion hit largely in the fourth quarter due to the EV business.
Trump administration says it needs to fight SNAP fraud, but extent of problem is unclear
Officials looking at the Supplemental Nutrition Assistance Program from a law enforcement view see it as a huge problem, costing taxpayers billions a year taken by both organized crime and people who receive benefits.