UPDATE: Indiana Supreme Court upholds state’s abortion ban
The state’s high court nixed a preliminary injunction that has kept the ban on hold since September.
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Supreme Court rejects Biden’s plan to cancel $400 billion in student loans
The court held that the administration needs Congress’ endorsement before undertaking so costly a program.
U.S. Supreme Court sides with web designer who won’t do gay wedding websites
In a defeat for gay rights, the Supreme Court’s conservative majority ruled Friday that a Christian graphic artist who wants to design wedding websites can refuse to work with same-sex couples.
Air travelers endure another day of airport agony as United struggles
Airports in Chicago, Denver and Newark, New Jersey—all hubs for United Airlines—were seeing the most delays on Thursday, according to FlightAware.
Saying strike is ‘imminent,’ UPS gets Friday deadline from union for new contract
The Teamsters represent more than half of the company’s workforce in the largest private-sector contract in North America. If a strike occurs, it would be the first since a 15-day walkout by 185,000 workers crippled the company a quarter-century ago.
UPDATE: Colts’ Rodgers, Berry suspended indefinitely for violating NFL gambling policy
Isaiah Rodgers and Rashod Berry won’t be able to seek reinstatement until the 2023 season ends.
Central U.S. getting worst of drought, stressing corn crops, lowering rivers
Experts say the drought in the central U.S. is the worst since at least 2012, and in some areas, is drawing comparisons to the 1988 drought that devastated corn, wheat and soybean crops.
Applications for jobless benefits in the U.S. retreat after three weeks of elevated claims
U.S. employers added a surprising 339,000 jobs last month, well above expectations, painting a mostly encouraging picture of the job market.
Federal Reserve might tighten financial rules due to bank failures, Powell says
Such proposals are likely to face resistance from the banking industry and some congressional Republicans, who argue that the Fed had the necessary tools to prevent the bank collapses but failed to use them.
First-quarter U.S. economic growth revised up sharply
Despite the big increase, the government’s third and final report on January-March economic growth still marked a deceleration from the 2.6% annual rate from October through December and the 3.2% growth from July through September.
Supreme Court strikes down affirmative action in college admissions
The decision will force institutions of higher education to look for new ways to achieve diverse student bodies.
Largest U.S. banks would survive severe recession, Fed’s ‘stress tests’ show
The Fed’s report issued Wednesday did show some relative weakness among the midsize banks and “super regional” banks, with some getting a passing grade with a smaller cushion than usual. Those results could raise eyebrows among investors and policymakers.
Congressional Budget Office: U.S. debt to soar over next 30 years
The nonpartisan agency estimates in its latest 30-year outlook, released Wednesday, that publicly held debt will be equal to a record 181% of American economic activity by 2053.
Belief that U.S. might avoid recession growing among economists
Analysts say a “rolling recession” and what they call a “richcession” could help the economy as a whole manage to avoid a full-fledged recession.
Haze of unhealthy air settles over the Great Lakes region
Drifting smoke from the ongoing wildfires across Canada has created curtains of haze and raised air quality concerns throughout the Great Lakes region and in parts of the central and eastern United States.
Threatened by shortages, electric car makers race for supplies of lithium for batteries
A shortfall in lithium would be an obstacle for government and industry plans to ramp up sales to tens of millions of electric vehicles a year. It is fueling political conflict over resources and complaints about the environmental cost of extracting them.
Tesla EV plug closer to becoming industry standard
A key U.S. automotive industry organization says it will set performance standards for Tesla’s electric vehicle charging cords in another move toward using the Tesla plug on all electric vehicles.
Instagram, Facebook add more parental controls, but critics say they aren’t enough
Meta is adding some new parental supervision tools and privacy features to its platforms as social media companies face increasing scrutiny over their effects on teen mental health.
Flight delays expected this weekend as airlines face major test
Travelers waited out widespread delays at U.S. airports on Tuesday, an ominous sign heading into the long July 4 holiday weekend, which is shaping up as the biggest test yet for airlines that are struggling to keep up with surging numbers of passengers.
Ford cutting more jobs to reduce costs amid transition to electric vehicles
The company confirmed Tuesday that it was starting to notify several hundred engineers and other salaried employees that their jobs are being eliminated. The firings come after around 200 Ford contract employees were let go last week.