Trump plans hefty tax on imported drugs, risking higher prices, shortages
The threat comes as Trump also pressures drugmakers to lower prices of pharmaceuticals in the United States.
Associated Press
Articles
Government shutdown looms as Congress returns after monthlong August recess
The annual spending battle will dominate the September agenda, along with a possible effort by Senate Republicans to change their chamber’s rules to thwart Democratic stalling tactics on nominations.
PBS, NPR stations struggle with Trump-fueled government funding cuts
No stations have shut down, but job and programming cuts are already beginning.
ICE’s arrest of police officer raise questions about E-Verify
About 23 states, including Indiana, require E-Verify for at least some public and/or private employers.
Duty-free no more: Parcels worth less than $800 no longer qualify for tariff exemption
The national postal services of more than 30 countries have temporarily suspended sending some or most U.S.-bound packages.
Key inflation gauge holds mostly steady, while core inflation ticks up
The report showed that consumer spending picked up last month and could boost economic growth.
Trump fires member of Surface Transportation Board ahead of huge rail merger decision
The board is set to consider Union Pacific’s $85 billion acquisition of Norfolk Southern in the next two years before deciding whether to approve the nation’s first transcontinental railroad.
US economy grew more than originally estimated in second quarter, government says
The Commerce Department reported that consumer spending and private investment were a bit stronger in the second quarter than it had first estimated.
Federal Reserve official sues Trump over attempt to fire her
The case could become a turning point for the 112-year old Federal Reserve, which was designed by Congress to be insulated from day-to-day political influence.
Mexico suspending postal shipments to United States over latest tariff confusion
With the announcement, Mexico joins several European and other countries, including Australia and Japan, in suspending the shipments to the U.S. amid confusion over new import duties.
FDA OKs updated COVID shots with limits for some children, adults
The revamped vaccines target a newer version of the continuously evolving virus and are set to begin shipping soon.
Why Cadillac F1’s American dream doesn’t include an American driver
Fishers-based Cadillac F1 was pitched as an all-American project: American driver, American team, American car and an American engine. But its inaugural lineup includes only international drivers.
Trump’s 50% tariffs on India over Russian oil purchases take effect
The Indian government estimates the tariffs will impact $48.2 billion worth of exports.
Trump administration investing in US rare earths in push to break China’s grip
U.S. production of crucial components in electric vehicles, smartphones and fighter jets is set to expand rapidly in the coming years, as the Trump administration intensifies efforts to build up the critical mineral industry in the United States.
Alex Palou and his boss dismiss Red Bull F1 rumors as ‘clickbait’
Four-time IndyCar champion Alex Palou wondered if the rumor was a deliberate attempt to cloud his dominating IndyCar season.
Cracker Barrel relents, says its old logo will return
The tempest over the logo began last week, when the company announced plans for a simplified design featuring only the company’s name.
Tariff exemption for small orders set to end in big deal for some shoppers, businesses
Proponents of limiting the exemption argue that it has served as a way for China-founded retail platforms like Temu and Shein to flood the U.S. with low-priced goods.
Startup women’s leagues on the rise, fueled by popularity of women’s sports. But will they last?
Indianapolis is home to the pro volleyball team the Indy Ignite and the Indiana Valor, of the Nationwide Women’s Football Alliance.
Trump says he’s firing Federal Reserve’s Lisa Cook, opening new front in fight for control
President Trump said in a letter posted on his Truth Social platform that he is removing Cook effective immediately because of allegations that she committed mortgage fraud.
Southwest Airlines’ new policy to affect plus-size travelers
Southwest Airlines will soon require travelers who don’t fit within the armrests of their seat to pay for an extra one in advance, part of a string of recent changes the carrier is making.