Ball State fires hoops coach Michael Lewis after 3 straight losing seasons
Lewis had a promising start to his career, going 20-12 in 2022-23 but won fewer games each of his final three seasons.
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Retail sales fell modestly in January as American consumers pulled back on spending
Economists also believe that severe winter weather throughout most of the country also hurt sales as shoppers were unable to go to physical stores. In fact, online retailers enjoyed a 1.9% sales increase in January.
Postal Service expects to run out of cash in a year without help from Congress, postmaster says
The Postal Service’s net losses for the 2025 fiscal year totaled $9 billion, even though total operating revenue increased by $916 million, or 1.2%.
More than 20 states sue over new global tariffs Trump imposed after his Supreme Court loss
The Democratic attorneys general and governors in the lawsuit argue that President Trump is overstepping his power with planned 15% tariffs on much of the world.
Morgan Stanley to lay off about 3% of its workforce as job cuts continue in financial sector
Like other firms, Morgan Stanley aggressively hired during the pandemic, going from 60,000 employees in 2019 to 82,000 employees by year end 2022. The company had 83,000 employees at the end of 2025.
Judge rules companies are entitled to refunds for Trump tariffs overturned by Supreme Court
The federal government collected more than $130 billion in the now-defunct tariffs through mid-December and could ultimately be on the hook for refunds worth $175 billion.
White House formally nominates Warsh to be Federal Reserve chair
Warsh’s nomination, which was initially announced Jan. 30, was forwarded Wednesday to the Senate, where it will be taken up by the Senate Banking Committee.
Trump says deal on data centers will lower electricity prices as tech companies vow to cover costs
The companies committing to the pledge included Google, Microsoft, Meta, Oracle, xAI, OpenAI and Amazon.
WNBA, players still apart with contract deadline quickly approaching
The WNBA has told the players’ union that it needs to get a deal in place by Tuesday, March 10, to start the season on time.
UPDATE: Lou Holtz, college football coaching great who led Notre Dame to national title, dies at 89
Holtz went 249-132-7 over a college coaching career that spanned 33 seasons and included stops at Minnesota, Arkansas, South Carolina and, most notably, Notre Dame.
Supply chain disruptions from the Iran war could raise prices for drugs, electronics and more
Over the past few years the global supply chain has faced other major disruptions like COVID supply shortages and other recent Mideast conflicts and has become more nimble.
US stocks rebound after strong economic updates, easing of oil prices
Uncertainty about the war has sent prices in financial markets careening up and down hour by hour this week, with most taking their cues from what the price of oil is doing.
Trial that could lead to breakup of Ticketmaster parent gets underway
Judge Arun Subramanian has told jurors that evidence will be presented over the next six weeks before they’ll be left to decide whether Live Nation and Ticketmaster broke antitrust laws.
Long-shot American dream hits F1 grid as Cadillac debuts at Australian GP
As the first new team on the grid in a decade, many expect Cadillac to be the worst in the series for now.
Target has another quarter of declining sales but sees signs of improvement
Targets is facing stiffer competition, and customers say the shopping experience at stores has suffered with staff fulfilling digital orders rather than tending to store aisles.
Average US price for gallon of gas rises 11 cents overnight, AAA says
Gasoline prices were already rising before the U.S. launched strikes on Iran as refiners began switching over to summer blends of fuel.
WNBA’s new CBA offer boosts pay, fast-tracks max deals for stars like Caitlin Clark, source says
The WNBA sent a new proposed collective bargaining agreement to the players’ union Sunday night that includes allowing some young stars like Caitlin Clark, Aliyah Boston and Paige Bueckers a chance to earn a maximum salary quicker.
Iran attacks pose threat to US economy if conflict drags on
Should the conflict wind down in a week or two, its economic effects would be minor and short-lived, economists say.
IU confirms details of coach Curt Cignetti’s lucrative new contract
It’s the third time Cignetti has received a raise since he took over the losingest program in FBS history in November 2024. All he’s done since arriving is produce the two best seasons in school history.
Federal court rejects Trump administration attempt to slow tariff refund process
The Justice Department had urged the Federal Circuit to proceed cautiously and hold off for 90 days. But the judges refused.