Libertarian group sues to block student debt cancellation
The lawsuit was filed in federal court in Indiana, one of several states that plan to tax any student debt canceled by President Biden’s plan.
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White House: New rule will show ‘true cost’ of plane tickets
The new rule is intended help consumers save money up front and encourage more competition among airlines to offer better fares.
Fed officials call for more rate hikes to fight inflation
The Federal Reserve will have to keep boosting its benchmark interest rate to a point that raises unemployment and gets inflation down from unusually high levels, two officials said in separate remarks Monday.
Pfizer seeks to expand omicron booster to 5- to 11-year-olds
The hope is that the modified boosters will help tamp down continuing COVID-19 cases and blunt another winter surge.
NFL ends Pro Bowl in favor of skills competitions, flag game instead
Former Indianapolis Colts quarterback Peyton Manning and his Omaha Productions company will help shape programming for “The Pro Bowl Games” and promote the event’s content.
NASCAR legend, IndyCar driver Jimmie Johnson to retire from full-time racing
Johnson for sure won’t return for a second full IndyCar season with Chip Ganassi Racing. He raced only the street and road courses in 2021, added the ovals to run the full 2022 season and now isn’t even sure if he’ll run IndyCar at all.
Indiana appeals judge’s order blocking state’s abortion ban
The appeal was filed Thursday night after Owen County Judge Kelsey Hanlon issued a preliminary injunction against the abortion ban, putting the new law on hold.
Senator says electric car tax credit needs ‘flexibility’
U.S. Sen. Raphael Warnock from Georgia is raising concerns that the tax credit President Joe Biden signed into law last month could place some automakers at a competitive disadvantage.
Indiana abortion clinics reopening after judge blocks ban
Indiana’s abortion clinics, which were to lose their state licenses under the ban, are preparing to resume the procedures.
4.4M Americans roll up sleeves for omicron-targeted boosters
The Centers for Disease Control and Prevention posted the count Thursday as public health experts bemoaned President Joe Biden’s recent remark that “the pandemic is over.”
McLaren hires Barnhart, considering Kyle Busch for Indy 500
The head of McLaren Racing held a town hall Thursday at the team’s IndyCar shop to introduce new hire Brian Barnhart and quell any concerns over this week’s sudden departure of the team president.
Average U.S. long-term mortgage rates hit 15-year high
Average long-term U.S. mortgage rates jumped by more than a quarter-point this week to their highest level since 2007 as the Federal Reserve intensified its effort to tamp down decades-high inflation and cool the economy.
Walmart, Target begin holidays early to ease inflation sting
The holiday sales strategies, announced on Thursday, come amid what is expected to be slower holiday sales growth compared with a year ago.
UPDATED: Judge puts Indiana abortion ban on hold; AG pledges to appeal
The ban was approved by the state’s Republican-dominated Legislature on Aug. 5 and signed by GOP Gov. Eric Holcomb. The ruling comes one week after it took effect.
Thieves key on hack that leaves Hyundai, Kia cars vulnerable
An insurance industry group said some Hyundai and Kia cars and SUVs are stolen at nearly twice the rate of the rest of the auto industry because their keys lack computer chips for theft “immobilizer” systems.
Powell’s stark message: Inflation fight could cause recession
The Federal Reserve delivered its bluntest reckoning Wednesday of what it will take to finally tame painfully high inflation: Slower growth, higher unemployment and potentially a recession.
Man convicted of shooting 2 Indiana judges in downtown dispute
A jury convicted Brandon Kaiser of aggravated battery, multiple battery-related charges and carrying a handgun without a license. He is scheduled to be sentenced Oct. 21.
Indiana utility seeking 16.5% electric rate increase
Merrillville, Indiana-based Northern Indiana Public Service Co. asked the Indiana Utility Regulatory Commission this week to approve the rate increase over two years for its 470,000 customers across 32 northern Indiana counties.
Senate ratifies international climate deal on refrigerants
The agreement compels the United States and other countries to limit use of hydrofluorocarbons, highly potent greenhouse gases commonly used in refrigeration and air conditioning that are far more powerful than carbon dioxide.
Fed attacks inflation with another big hike and expects more
The Federal Reserve boosted its benchmark short-term rate, which affects many consumer and business loans, to a range of 3% to 3.25%, the highest level since early 2008.