U.S. economy grew at 2.3% in third quarter, up from earlier estimate
But prospects for a solid rebound going forward are being clouded by the rapid spread of the latest variant of the coronavirus.
Associated Press
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Secret Service: Nearly $100B stolen in pandemic relief funds
The Labor Department has reported about $87 billion in unemployment benefits could have been paid improperly, with a significant portion attributable to fraud.
New lawsuit could further snarl-delayed Terre Haute casino plans
One of the companies that was pass over for the license, Las Vegas-based Full House Resorts, has sued the Indiana Gaming Commission, claiming it didn’t follow state law when it picked Churchill Downs to develop the casino.
Biden pivots to home tests to confront omicron surge
A cornerstone of Biden’s plan to battle omicron is to purchase 500 million coronavirus rapid tests for free shipment to Americans starting in January.
NHL shuts down Wednesday through Saturday, postponing five games
The National Hockey league is temporarily shutting down amid a rise in positive COVID-19 tests among players, and with 10 of the league’s 32 teams’ schedules already paused and their facilities closed.
Omicron casts new shadow over economy’s pandemic recovery
A heightened sense of anxiety has begun to erode the willingness of some people and some businesses to carry on as usual in the face of the extraordinarily contagious omicron variant.
Democrats try to ‘build back’ after Manchin tanks $2T bill
But they face serious questions whether the $2 trillion initiative can be refashioned to win his crucial vote or the party will be saddled with a devastating defeat.
New I-69 section reopens in central Indiana
The northbound lanes of I-69 through Martinsville were opened Monday morning following a ribbon-cutting ceremony. The southbound lanes are expected open later in the week.
Biden boosts fuel-economy standards to fight climate change
A final rule being issued Monday would raise mileage standards starting in the 2023 model year, reaching a projected industry-wide target of 40 miles per gallon by 2026
Inflation squeezes holiday budgets for low-income shoppers
The government’s report last week that consumer prices jumped 6.8% over the past year showed that some of the largest cost spikes have been for such necessities as food, energy, housing, autos and clothing.
Larry Bird museum shooting for 2023 opening
The museum honoring the Hoosier basketball legend is budgeted for $1.5 million as part of a $28 million convention center project.
NBA postpones 5 more games; Young, Vogel enter protocols
Leaguewide, through Sunday afternoon, there were at least 68 players who have either been ruled out to play — or in the case of the postponed games, would have been ruled out — because they are in the protocols.
Omicron may sideline Lilly, Regeneron antibody drugs against COVID-19
The companies say they can quickly develop new omicron-targeting antibodies, but those aren’t expected to launch for at least several months.
CDC recommends Pfizer, Moderna COVID-19 shots over J&J’s
The strange clotting problem has caused nine confirmed deaths after J&J vaccinations—while the Pfizer and Moderna vaccines don’t come with that risk and also appear more effective, said advisers to the Centers for Disease Control and Prevention.
Indiana officials projecting big jump in budget surplus
The State Budget Committee on Thursday projected booming growth in Indiana’s budget surplus, setting up a debate during the upcoming legislative session over possible tax cuts.
Hinchcliffe moves from IndyCar driver to NBC analyst
The media-savvy Canadian will replace countryman Paul Tracy in the booth and call next year’s 17-race schedule alongside Leigh Diffey and Townsend Bell.
U.S. jobless claims rise but still historically low at 206,000
The four-week average, which smooths out week-to-week volatility, fell by 16,000, to less than 204,000, the lowest level since mid-November 1969, according Department of Labor figures released Thursday.
U.S. industrial production up by 0.5% in November
U.S. industrial production increased in November as output at the nation’s factories reached the highest level since January 2019.
NBA, players’ union considering return to daily testing
There were 33 players known to be in the league’s health and safety protocols as of Wednesday evening, along with two head coaches—Indiana’s Rick Carlisle and Sacramento interim coach Alvin Gentry—and a number of other staffers.
Biden, Manchin said to be sharply divided over $2T Dem social bill
The rocky status of their talks, described only on condition of anonymity by a person familiar with the talks, was among several indications that Senate Majority Leader Chuck Schumer faces a struggle to even begin debate on the massive measure before Christmas.