Average rate on 30-year mortgage falls again, dips to lowest level in almost a year
Mortgage rates have been mostly declining since late July amid expectations that Federal Reserve would cut rates for the first time since last year.
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Starbucks workers sue over company’s new dress code
Starbucks said it simplified its dress code to deliver a more consistent experience to customers and give its employees clearer guidance.
Federal Reserve cuts key rate by quarter-point, signals two more cuts this year
The move is the Fed’s first cut since December and lowered its short-term rate to about 4.1%, down from 4.3%. The central bank’s focus has shifted quickly from inflation to jobs, as hiring has ground nearly to a halt in recent months
Amazon spending $1B to increase pay, lower health care costs for workers
The company said full-time employees, on average, will see their pay increase by $1,600 per year.
Cadillac F1 team announces multiyear partnership with Jim Beam
The deal follows a June announcement in which Tommy Hilfiger, an American fashion brand, was named the official apparel partner for the Fishers-based team that will debut on the Formula 1 grid in 2026.
Strip club executives accused of bribing tax auditor with private dances, other perks
Publicly traded RCI Hospitality owns and operates more than 60 clubs and sports bars and restaurants across the country, including PT’s Showclub Indianapolis, at 7916 Pendleton Pike.
Fever extend playoff series against Dream to 3rd game with home blowout victory
The Fever hosted their first playoff game since 2016 and fed off the energy of the rowdy crowd at Gainbridge Fieldhouse to earn their first postseason win since Oct. 11, 2015.
FDA takes aim at Hims and other telehealth services in drug advertising crackdown
The Food and Drug Administration on Tuesday posted more than 100 letters to various drug and online prescribing companies, including Hims & Hers, which has built a multibillion-dollar business centered on lower-cost versions of blockbuster obesity injections.
Many sports fans are unhappy with how much it costs to watch their games, AP poll finds
In the streaming age, sports fans often rely on a patchwork creation of expensive subscriptions, cable packages and password shares to watch their favorite teams.
Target steps up next-day parcel delivery as discounter tries to narrow gap with rivals
Target plans to add another 20 more cities for next-day delivery by next year, the company said.
Retail sales jump from July to August at better-than-expected pace
So far, shoppers haven’t felt the big sting that some economists predicted earlier in the year as many retailers ordered goods ahead of tariffs.
Fed faces economic uncertainty, political pressure as it decides whether to cut rates
At this week’s Federal Reserve meeting, the decision it will make on interest rates—usually the main event—is just one of the key unknowns to be resolved when officials gather Tuesday and Wednesday.
Prices for the popular powdered tea matcha soar due to global demand
Global demand for the powdered tea has skyrocketed. In the U.S., retail sales of matcha are up 86% from three years ago, according to NIQ, a market research firm.
Trump says US should do away with quarterly earnings reports
The Securities and Exchange Commission has required publicly traded companies to report on a quarterly basis since 1970.
Deal reached on TikTok ownership, Treasury chief says
Treasury Secretary Scott Bessent said President Donald Trump and Chinese Premier Xi Jinping would speak on Friday to possibly finalize the deal.
Electric grids under pressure from energy-hungry data centers changing strategy
With the explosive growth of Big Tech’s data centers threatening to overload U.S. electricity grids, policymakers are taking a hard look at a tough-love solution: bumping the energy-hungry centers off grids during power emergencies.
Brittany Force, ‘Queen of Speed,’ to retire after record-breaking season
Force set the new NHRA Top Fuel world speed record last weekend at the U.S. Nationals in Indianapolis. Now she’s ready to focus on starting a family.
Suspect in Charlie Kirk assassination expressed opposition to conservative activist’s views
The suspect is believed to have acted alone, and an investigation is ongoing. He was arrested on suspicion of capital murder, weapons and obstruction offenses.
Appeals court allows Trump administration to block Medicaid funds to Planned Parenthood
Planned Parenthood said Thursday’s ruling means that more than 1.1 million patients can’t use their Medicaid insurance at its health centers.
Judge issues nationwide block on policy that cuts off Head Start for people in US illegally
The change was part of a broader Trump administration effort to exclude people without legal status from accessing social services by making changes to federal eligibility rules.