Wintry weather scrubs more than 1,000 flights
About 4,700 flights were delayed nationwide. Southwest scrubbed more than 500 flights, or about 12% of its entire schedule, while American dropped about 200 flights.
Associated Press
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Biden to end COVID-19 emergencies on May 11
The costs of COVID-19 vaccines are expected to skyrocket after the emergencies are lifted. Free at-home COVID tests will also come to an end. And hospitals will not get extra payments for treating COVID patients.
IMF upgrades outlook for global economy in 2023
The International Monetary Fund, a 190-country lending organization, foresees inflation easing this year, a result of aggressive interest rate hikes by the Federal Reserve and other major central banks.
Feds expect to collect $4.7B in insurance fraud penalties
Federal watchdogs have been sounding the alarm for years about questionable charges on the private version of the Medicare program, with investigators raising the possibility that insurance companies may be bilking taxpayers of billions of dollars every year.
Fed, set to impose smaller hike, might hint at fewer increases
With signs of weaker economic growth along with steadily lower inflation readings, reduced consumer spending and even some signs of a slowdown in the job market, the Federal Reserve is now navigating a more treacherous terrain.
Turner agrees to stay with Pacers on 2-year extension
The contract extension with the two-time NBA blocks champion will keep the team’s current starting five intact through next season.
Pence: ‘Mistakes were made’ in classified records handling
In his first public comments since the discovery, former Vice President Mike Pence said he hadn’t been aware that the documents were in his Carmel residence but his lack of knowledge wasn’t an excuse.
U.S. inflation, consumer spending cooled in December
The Federal Reserve’s preferred inflation gauge eased further in December, and consumer spending fell — the latest evidence that the Fed’s series of interest rate hikes are slowing the economy.
FDA’s advisers back plan to simplify COVID-19 vaccinations
The U.S. is poised to make COVID-19 vaccinations more like a yearly flu shot, a major shift in strategy despite a long list of questions about how to best protect against a still rapidly mutating virus.
Carolina Panthers hire Frank Reich as new head coach
The Panthers finished 29th in the league in offense and 29th in passing this season after struggling with quarterback play. Reich is no stranger to dealing with a revolving door of quarterbacks.
Explainer: How will we know if U.S. is in a recession?
Despite solid economic growth in the second half of 2022, economists believe a recession is very likely sometime this year. But it won’t necessarily be obvious.
Indiana lawmakers scale back on private school aid expansion
Critics argued the original proposal opened up tuition payments to private schools for even the wealthiest families.
AmazonSmile’s end is alarming, say not-for-profits that benefited
The e-commerce giant had launched AmazonSmile in 2013, contributing 0.5% of every purchase made by participating customers to the charity of their choosing.
Record 16.3 million seek health coverage through ‘Obamacare’
The boost in enrollment for the insurance marketplace comes as the number of uninsured people is at an all-time low. Just 8% of those in the United States remain without coverage.
Andretti focuses on sports cars while F1 ruling pending
So long as he can’t get Indianapolis-based Andretti Global onto the Formula One grid — seemingly a long shot at this stage — Michael Andretti has turned his attention to other areas for his expanding motor sports program.
Microsoft reports outage for Teams, Outlook, other services
Thousands of users reported problems with Teams, Outlook, the Azure cloud computing service and XBox Live online gaming service early Wednesday.
Colts want to interview 49ers’ DeMeco Ryans, give Saturday another look
Ryans had an interview planned with the Colts last week for their open head coach job, but had to postpone to focus on preparation for San Francisco’s divisional playoff game against the Dallas Cowboys.
Justice Department sues Google over digital advertising dominance
The government alleged in the complaint that Google is looking to “neutralize or eliminate” rivals in the online ad marketplace through acquisitions and to force advertisers to use its products by making it difficult to use competitors’ offerings.
Classified documents found at Mike Pence’s Indiana home, lawyer says
The records appear to be a small number of documents bearing classified markings that were inadvertently boxed and transported to Pence’s personal home as he left office, the lawyer said.
Crypto firms acted like banks, then collapsed like dominoes
Last week, Genesis filed Chapter 11, joining Voyager Digital, Celsius and BlockFi on the list of companies that have either filed for bankruptcy protection or gone out of business.