House passes $35-a-month insulin cap as Dems seek wider bill
The Affordable Insulin Now Act will serve as a political vehicle to rally Democrats and force Republicans who oppose it into uncomfortable votes ahead of the midterms.
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Butler fires head basketball coach LaVall Jordan after five seasons
The firing follows back-to-back sub-.500 seasons for the Bulldogs, who have failed to reach the postseason since 2019.
New vehicles must average 40 miles per gallon in 2026, up from 24 mpg
The new requirements increase gas mileage by 8% per year for model years 2024 and 2025 and 10% in the 2026 model year.
U.S. added 431,000 jobs in March in sign of economic strength
The government’s report Friday showed that last month’s job growth helped shrink the unemployment rate to 3.6%. That’s the lowest rate since the pandemic erupted two years ago and just above the half-century low of 3.5% that was reached two years ago.
Got a dime? Businesses seek Treasury help with coin shortage
A group of trade associations that represent individual businesses including banks, retail outlets, truck stops, grocery stores and more is asking the Treasury Department for more help convincing Americans to get coins back in circulation.
Scientists finally finish decoding entire human genome
Scientists said this full picture of the genome will give humanity a greater understanding of our evolution and biology while also opening the door to medical discoveries in areas like aging, neurodegenerative conditions, cancer and heart disease.
Amazon staff reject union in Alabama, lean toward it in New York City
If a majority of Amazon workers votes yes in either Bessemer or Staten Island, it would mark the first successful U.S. organizing effort in the company’s history.
Bipartisan $10B deal near on scaled-back COVID-19 bill
The effort, which would finance steps like vaccines, treatments and tests, comes as President Biden and other Democrats have warned the government is running out of money to counter the pandemic.
NCAA president decries pace of basketball investigations
This year’s NCAA Tournament could be tainted should Kansas win the national championship and subsequently have an unfavorable decision come down in a now half-decade-old investigation.
UPDATE: Biden tapping oil reserve for 6 months to control gas prices
The release of reserves in the U.S. could create pressures that could reduce oil prices, though Biden has already twice ordered releases from the strategic reserves without causing a meaningful shift in oil markets.
Key inflation gauge sets 40-year high as gas and food soar
Squeezed by inflation, consumers increased their spending by just 0.2% in February, down from a much larger 2.7% gain in January. Adjusted for inflation, spending actually fell 0.4% last month.
Pence unveils Republican policy agenda for midterm elections
Former Vice President Mike Pence’s “Freedom Agenda,” released Thursday, combines traditional Republican goals like increasing American energy production, cutting taxes and rolling back regulations with priorities pursued by former President Donald Trump on issues like trade and immigration.
End of COVID could mean major turbulence for U.S. health care
When the end of the COVID-19 pandemic comes, it could create major disruptions for a cumbersome U.S. health care system made more generous, flexible and up-to-date technologically through a raft of temporary emergency measures.
March Madness paying off for players under mishmash of rules
This week, the University of Kansas, Villanova University, the University of North Carolina and Duke University will play in the first Final Four to be held under the new world of “name, image and likeness,” or NIL, endorsements in college sports.
FDA panel narrowly sides against experimental ALS drug
The FDA has also emphasized the need for “regulatory flexibility” when reviewing drugs for fatal diseases like ALS. The panel’s close vote could tip the agency toward an approval, given the lack of options currently available.
Even as inflation bites, corporate profits remain flush
Big companies have successfully raised prices for their products because their customers have kept lining up regardless. What’s uncertain is how much longer the trend may last, before customers sharply cut back on their purchases.
U.S. quarterly growth revised slightly lower, to 6.9%
Looking ahead, growth is likely to slow sharply this year, particularly in the first three months 2022. Higher inflation will likely weigh on consumer spending as Americans take a dimmer view of the economy.
Indiana governor visits refugees as state cuts Russian ties
Indiana’s state government is selling off nearly $150 million of Russian-related investments as the governor said he’s looking at ways the state could help Ukrainian refugees fleeing from the Russian invasion of their country.
Explainer: Bond yields might be warning of upcoming recession
The “yield curve” is watched for clues to how the bond market is feeling about the U.S. economy’s long-term prospects. On Tuesday, a closely followed part of the yield curve gave investors some cause for concern.
FTC sues Intuit to stop ‘bait-and-switch’ TurboTax ads
The consumer protection agency said Tuesday that millions of consumers cannot actually use the free tax-prep software option—two-thirds of tax filers in 2020. They are ineligible, the agency says, if they are gig workers or earn farm income, for example.